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michael99000
michael99000
Joined: Jul 10, 2010
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AxelWolf
November 6th, 2019 at 5:45:34 PM permalink
Quote: UP84

Your trip report is quite enjoyable, but again, the numbers don't really add up.



BLOCKED
TomG
TomG
Joined: Sep 26, 2010
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November 6th, 2019 at 6:10:17 PM permalink
Quote: AxelWolf

Not sure why he blocked Tom, was there some insults I missed? I guess MD blocked Tom cuz he made a reasonable logical post that made sense, thus making MD's claims seem fictitious or he doesn't know how to take advantage of a multimillion dollar situation.



I definitely question a lot of his claims. But that is my own failure to understand, not doubting his results at all. For me to understand something, I often need both data and theory. With only data, I might think playing basketball makes people taller. And with only theory, I might think the sun orbits the earth. MDawg has a lot of great data about winning a lot of money at casino games. We know this must be true, because he told us about it. I just struggle to understand why his strategy wins him so much money. When it comes to casino games, I am usually good at understanding this part, like why certain strategies win at blackjack, poker, sports betting, or video poker. It usually doesn't even require deep insight for me to pick up on it, even if I can't replicate it. Something as simple as 'comps are greater than expected loss', or 'only betting when the player has the edge' (that was a ZenKing strategy), or 'making optimal decisions on the very best video poker machines'. If MD provided any insight or theory like that on his winning, I did not have the capacity to understand it. That must be why he blocked me.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
  • Threads: 133
  • Posts: 17144
November 6th, 2019 at 6:52:07 PM permalink
Quote: TomG

not doubting his results at all.

That's where you may have failed, and I had to BLOCK you 😄
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
speedycrap
speedycrap
Joined: Oct 13, 2013
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MDawg
November 6th, 2019 at 7:05:29 PM permalink
Should the mod jump in to say something?
ChumpChange
ChumpChange
Joined: Jun 15, 2018
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MDawg
November 6th, 2019 at 7:15:10 PM permalink
Reading comments on Blackjack apps at the Playstore and they all say nobody loses this bad at the real tables! That might explain my bad luck, maybe not.
DeMango
DeMango
Joined: Feb 2, 2010
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MDawg
November 6th, 2019 at 7:16:46 PM permalink
Quote: speedycrap

Should the mod jump in to say something?

There are different areas of political correctness and Mdawg is on the wrong side of the math-tites. Enough semi insults and he may go away or be suspended all without repercussions.
SOOPOO
SOOPOO
Joined: Aug 8, 2010
  • Threads: 102
  • Posts: 5956
November 7th, 2019 at 5:52:53 AM permalink
Quote: TomG

For me to understand something, I often need both data and theory. With only data, I might think playing basketball makes people taller. And with only theory, I might think the sun orbits the earth. .



This is great!
MDawg
MDawg
Joined: Sep 27, 2018
  • Threads: 15
  • Posts: 510
November 7th, 2019 at 7:35:12 AM permalink
Quote: UP84

But that's exactly what you said..."two grand in comps earned just like that...", which is 100% of the theoretical loss on $200,000 in bacc play.


No that's not the case. The comp rate for most play in the casino is 30ish% of the player's theo. For VP and bacc it's notoriously LESS than that. A 15% comp rate on bacc theo is about right, even for $500 a hand play.

Your trip report is quite enjoyable, but again, the numbers don't really add up.


I was a kid when I was trying to close an international deal and I was talking to the bank about booking a letter of credit. Finally the banker stepped in and said, "____ how many letters of credit have you opened in your life?" and suggested that I use a broker for my first one. Similarly, UP84 how many comps have you earned in your life? I'd say that I've earned around a million in comps, maybe even a lot more than that if I sat down and itemized all of it, based on what I've collected in first class airfare reimbursements from multiple casinos for the same air travel, suites, food, drink, shopping sprees - I don't even drink but my friends have enjoyed 5000 - 15000 bottles of wine on me regularly in the past. I play only table games and pretty much only BJ and Bacc.

Now keep in mind that when my friends or family in the past enjoyed a $5000. comp'ed meal at a casino restaurant on me I was under no delusion that the meal was really worth that - I do believe that Vegas prices are inflated to make the players feel like they are really getting something. But with more and more non casino players in the younger generation who seem willing to spend thousands a night on suites and bottle service at the clubs, the intrinsic value of that free stuff seems more real these days.

Even these days with my not even playing that hard if I'm not getting at least $50K a year in free suites food drink and whatever out of each resort I play at, something's wrong. I know how to work the comp system to get the maximum and there is a lot more to it than just the numbers. I could write a book on the subject, you'd have to buy my book or pay me to get even a portion of how much I know about working the system.
sabre
sabre 
Joined: Aug 16, 2010
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OnceDearForagermichael99000PokerGrinderMaxPenmcallister3200AxelWolfMDawg
November 7th, 2019 at 8:48:54 AM permalink
Is this just a creative writing fiction corner now?
PokerGrinder
PokerGrinder
Joined: Apr 30, 2015
  • Threads: 22
  • Posts: 3648
Thanks for this post from:
MDawg
November 7th, 2019 at 9:15:18 AM permalink
Quote: sabre

Is this just a creative writing fiction corner now?


Mdawg is just writing erotica that only satisfies him for his late night “grinding sessions”.
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston

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