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12 members have voted

AxelWolf
AxelWolf
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March 30th, 2019 at 1:41:08 PM permalink
Quote: EvenBob

HUH? What are you talking about.
The house behind me is over a million,
the one to the north is $600K and
they just built a new one south of
me, the lot alone was $100K, god
knows what the house cost.

This is a video I posted last summer
of the creek that runs thru my property.
Up's the value by 20% when you have
running water like this, in the summer
months it's like a park down there.

Hovel my ass..

I love it Bob. I'm really jealous if their are even some 8" brook trout in there.
♪♪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♪♪
EvenBob
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March 30th, 2019 at 2:30:36 PM permalink
Quote: bobbartop


Snake bites, poison ivy, mosquitoes, it's all -EV.



Been here decades and have yet
to see one snake or poison ivy.
This is MI not MS.. Lots of
raccoons though. And deer and
geese.
"It's not called gambling if the math is on your side."
EvenBob
EvenBob
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March 30th, 2019 at 2:32:24 PM permalink
Quote: AxelWolf


I love it Bob. I'm really jealous if their are even some 8" brook trout in there.



I see fish, have no idea what they are.
I've never been into fishing.
"It's not called gambling if the math is on your side."
Rigondeaux
Rigondeaux
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March 30th, 2019 at 3:17:23 PM permalink
Quote: AxelWolf

I love it Bob. I'm really jealous if their are even some 8" brook trout in there.



Yeah, that is awesome.

I think you have to have a certain level of intelligence and ability to be a pro gambler.

But there's usually some reason that you didn't wind up using those qualities to be a lawyer, a teacher or a scientist or whatever. Could be bad luck/lack of opportunities. Could be mental health, learning disabilities, or you're on the spectrum. Then you have the good fortune to discover a way to make a living outside of the system.

Poker has a lot of people who are amazingly lazy. If I ask a low level pro about their study habits maybe 1 in 5 study at all.

I can be pretty lazy myself, but watching YouTube videos about a subject that interests you isn't that demanding.

So, I think these kinds of underlying issues, combined with a lack of authority or regimentation probably does lead to a higher rate of bad results at the end of life.

These are also probably people who don't inherit much. I'm sure it's much easier to retire if your family leaves you even 30-50k.
Rigondeaux
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March 30th, 2019 at 3:26:58 PM permalink
Also, we're glossing over the question of if it's worth it.

One thing ZK is very insightful about, is life is about experience, not staring numbers on a screen with an eye to old age.

I've worked jobs I hated and it sucks. Look at PG, bouncing around the globe, watching girls masturbate.

Suppose he does die broke. So 85% of his life was awesome and 15% was unpleasant. Better than the other way round.

And it's no lock that you get to be old, or that the whole planet won't go to hell.
MDawg
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March 30th, 2019 at 9:08:36 PM permalink
Quote: Rigondeaux

Also, we're glossing over the question of if it's worth it.

One thing ZK is very insightful about, is life is about experience, not staring numbers on a screen with an eye to old age.

I've worked jobs I hated and it sucks. Look at PG, bouncing around the globe, watching girls masturbate.

Suppose he does die broke. So 85% of his life was awesome and 15% was unpleasant. Better than the other way round.

And it's no lock that you get to be old, or that the whole planet won't go to hell.



"Who lives longer? the man who takes heroin for two years and dies, or a man who lives on roast beef, water and potatoes 'till 95? One passes his 24 months in eternity. All the years of the beefeater are lived only in time."
-Aldous Huxley

Is that what you're saying, in a roundabout way?

I spent about a decade hard core mainline gambling getting to the point of table max (at that time $15K, not far off from today's $20K) not really even phasing me too much (at least, my ears weren't ringing anymore when I placed those three white chips (or flags, depending on what casino I was in) on the circle), and pulling down comp'ed penthouses in multiple Vegas Strip properties simultaneously, hell I'd even get a regular room at a casino I wasn't staying at just to use the bathroom because I didn't want to use the public one while gambling. Yes of course everything was free, to the point of letting friends who imbibed have $800. shots of cognac for which I never saw the bill. And that's just a glimpse of the experience, all entirely at a VERY high volume.

Was it worth it?

HELLLLL YES! it was. But then I didn't end up broke or dead either. I didn't quit or lose my "day job" either. I quit gambling while ahead (and that's not to say that I didn't have some losing trips back then - I did), because real life ended up taking precedence. (I did return to gambling in 2018, after about a decade hiatus, but at a much more modest level.)

But if I had ended up dead or broke (or dead broke) after that high rollin' decade, would it have been worth it? I don't think so.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
100xOdds
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odiousgambit
March 30th, 2019 at 10:40:46 PM permalink
Quote: Rigondeaux

I've worked jobs I hated and it sucks. Look at PG, bouncing around the globe, watching girls masturbate.

what??
link?
and did he share pics/video? :)
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
TomG
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March 30th, 2019 at 11:08:01 PM permalink
Quote: MDawg

I spent about a decade hard core mainline gambling getting to the point of table max (at that time $15K, not far off from today's $20K) ... I quit gambling while ahead



Finishing up just 0.1% means you were winning close to $1000 per hour. What was there that would take precedence over that sort of income?
lilredrooster
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March 31st, 2019 at 2:55:47 AM permalink
Quote: billryan

100K for a lot? Is that supposed to impress me. People pay more than that to get their kids in UCLA these days.



it's very tough to impress with wealth anymore
quite a few billionaires out there
people talk about the top 1% - the U.S. popualtion is 327 million
1% is almost 3.5 million - take out children and it's still probably around 2 million

probably more than 100,000 have a net worth over $10 million

a million bucks doesn't impress anybody anymore
Please don't feed the trolls
darkoz
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March 31st, 2019 at 4:25:30 AM permalink
Quote: lilredrooster

it's very tough to impress with wealth anymore
quite a few billionaires out there
people talk about the top 1% - the U.S. popualtion is 327 million
1% is almost 3.5 million - take out children and it's still probably around 2 million

probably more than 100,000 have a net worth over $10 million

a million bucks doesn't impress anybody anymore



A million bucks doesnt impress the 3.5 million who make up the 1%

Nor the 10% that make 10 million

But to 80-90% of Americans a million bucks still impresses people.
For Whom the bus tolls; The bus tolls for thee
mamat
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March 31st, 2019 at 4:42:46 AM permalink
Quote: lilredrooster

probably more than 100,000 have a net worth over $10 million

a million bucks doesn't impress anybody anymore

Top 1% (US) in 2018: $12 million + primary house

Estimates for 2018:
Top 0.1%: $60 million + primary house ($43.1m 2016)
Top 1%: $12 million + home ($10.4m 2016, $8.1m 2013)
Top 5%: $3 million + home ($2.4m 2016, $1.9m 2013)
Top 9-10%: $1 million + home
Top 12-15%: $1 million (including home): (11.8% 2016, 9.4% 2013 … 2.3% 1994)

Based on households (e.g. a spouse or kid in a $1 million family ... is considered a millionaire, even though in a 4 person family, net worth would be $250,000/person).
----
Average family in the US (2016) had $700,000 net worth (by one survey).
You’ll probably be thinking that doesn’t feel right.

Median family in the US (2016) had $100,000 net worth.
…and it’s because net worth is distributed unevenly.
AZDuffman
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March 31st, 2019 at 5:17:52 AM permalink
Quote: darkoz

A million bucks doesnt impress the 3.5 million who make up the 1%

Nor the 10% that make 10 million

But to 80-90% of Americans a million bucks still impresses people.



It impresses the less financially astute who think a person who has $1MM can live like a hog in the fat house for life.

Those of us who know how the numbers work realize invested properly at low risk means you can just draw about $60M per year to not touch your principal. $60,000 lets one live fairly nice most places, near homeless in the highest cost areas of say SF/NYC.
All animals are equal, but some are more equal than others
Rigondeaux
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March 31st, 2019 at 5:18:50 AM permalink
Quote: 100xOdds

what??
link?
and did he share pics/video? :)



It's somewhere in his Latin America trip thread. I'm being a bit hyperbolic though. He just walked in on someone at his hostel.
lilredrooster
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March 31st, 2019 at 6:17:31 AM permalink
Quote: AZDuffman

$60,000 lets one live fairly nice most places, near homeless in the highest cost areas of say SF/NYC.




the favorite saying of the real estate suits:


𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧.......... 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧................... 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧


I would guess that there are still some very remote places where you can buy a mansion for about 150K
Please don't feed the trolls
AZDuffman
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March 31st, 2019 at 6:28:42 AM permalink
Quote: lilredrooster

the favorite saying of the real estate suits:


𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧.......... 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧................... 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧


I would guess that there are still some very remote places where you can buy a mansion for about 150K



Hard to say. Building costs are around $90/110 per square foot for a common, contemporary place. But I do know what I paid for a place vs. a town or two over vs. Long Island. $1MM will not at all let you live well off the interest there.

I still say I see there becoming a new "serf class" with urbanization and real estate costs in the big centers. Probably already is one in LA/NYC/SF for all I know.
All animals are equal, but some are more equal than others
Boz
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March 31st, 2019 at 6:38:21 AM permalink
Quote: darkoz

A million bucks doesnt impress the 3.5 million who make up the 1%

Nor the 10% that make 10 million

But to 80-90% of Americans a million bucks still impresses people.



I know it sounds easy and it’s hindsight at this point but anyone in their 50’s like me should have huge retirement accounts at or near a Million. Just putting the $2000 allowed in the 80’s and up to $6500 today in a IRA since the early 80’s is well on their way. Those with 401K’s that contributed the max with match depending on their job are also in good shape. Adding extra money into taxable funds and reinvesting CG’s & Dividends has proven very profitable as well.

We have been fortunate enough to have had our prime earning years during a great Stock Market run. We have had low cost Mutual Funds like Vanguard allow the money to grow tax free and compound.

Dollar cost averaging is a winning formula for those with the discipline and belief to stick with it, in good markets and bad.

A million certainty isn’t what it used to be, but it’s not out of reach over time for most Americans.
lilredrooster
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March 31st, 2019 at 6:52:22 AM permalink
Quote: Boz

A million certainty isn’t what it used to be, but it’s not out of reach over time for most Americans.




it's out of reach for a great many because they cannot quench their thirst for expensive cars, vacations, jewelry, clothes, electronics, etc. etc. etc.
Please don't feed the trolls
AZDuffman
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March 31st, 2019 at 7:04:02 AM permalink
Quote: lilredrooster

it's out of reach for a great many because they cannot quench their thirst for expensive cars, vacations, jewelry, clothes, electronics, etc. etc. etc.



Just so they keep leasing cars for 3 years so I can save thousands by buying used.
All animals are equal, but some are more equal than others
MDawg
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March 31st, 2019 at 7:36:45 AM permalink
Quote: TomG

Finishing up just 0.1% means you were winning close to $1000 per hour. What was there that would take precedence over that sort of income?



There was a trip where I was winning 25 - 75K per day. I started telling my friends (my entourage, all of whom were staying free in Vegas on my comp'ed nickel), "I mean, winning less than twenty five a day, that's NOWHERE!" and one of them said to me, "Take it easy ____, if you pat yourself on the back too hard, you might fall over."

Also during this trip, I was at Bellagio for already at that point ten days straight in one of their penthouses, and one of the pit bosses asked, "Don't you work?" Then one of my Baccarat acquaintances (I was playing exclusively Bacc. at this time), a Chinese guy with a million dollar line (I had only a $20K line at that time), said, "Why should he go home? Twenty five thousand a day tax free is good money!"

THAT particular trip, I went home with over $400K to the good, all wired to my bank account.

So yeah - I agree - if I could win $25K every single day, I would never have stopped!

But there were also occasional trips when I would lose $20K at one casino, run across the street, lose another $20K, and so on. Trips where I'd end up losing 60K or so, which wasn't even the sum total of my lines in Vegas alone (also had big lines in Tahoe), but was a good sum to lose. I'd just pay it, and then like as not, the very next trip I'd win $100K, but it started to get just too energy draining.

Plus also during a couple years of my earlier high rolling days I was banned from BJ at some of the casinos in Vegas (which is why I started to play Bacc. in the first place), and I was at the back of my mind whenever I did play BJ, worried that they would reimpose the ban. (The reason I was able to get it lifted, was it really wasn't a ban - it was a handicap. They got tired of my jumping the bet and creaming them on the big bets, so they imposed a limit of 3X on me, where whatever I bet on one hand, I could bet no more than 3X that on the next hand. But eventually, after I had not played BJ for a couple of years, the Director who had imposed this oddball rule on me moved on, and the new incoming staff somehow forgot about it.)

And during all of this I had my real world career, and businesses, that brought in a good sum of money back then, and today bring in a good ton of money.

Over all, when I stopped about a decade ago, I did end up more than a little ahead (and that's not even counting the massive comps), but after two losing trips in a row, I re-evaluated and quit for a year. After not playing for a year, I really didn't miss it. Next thing you know, about a decade had passed, with no gambling, not even a penny. I went back to gambling last year, I guess, because I decided that maybe I did miss the action and have too much money these days. Ironically, now that I have even higher credit lines, and am wealthier than I was then, I play smaller. I don't even play to make money. I play to win, sure, but I don't really care if I win 1000 or 10000 I don't need the money. It's a matter of principle to me, that I must win, or else, I don't see the point in gambling.

I think I learned a lot in that decade of extreme high rolling. I learned not to chase a loss. I learned that it is important to stop the session when ahead. I learned that it is okay to stop the session when losing, before too much is lost, and come back on another day to win it back in segments. Whatever I learned, seems to be working. The dealers now, who knew me then (and those who did not, and have just met me), all say that I am today the most disciplined player they have ever seen. In any case, whatever I am doing, is working so far! Yes...the "so far" is the key, but we just spent three weeks in Vegas. Two weeks solid the trip before. And still came home ahead, with most everything comp'ed. (Four trips in a row, since my return to gambling, all winners.) I think especially those extended length trips show some discipline and ability to win. (And I say so, at the risk of falling over.)
Last edited by: MDawg on Mar 31, 2019
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
FleaStiff
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March 31st, 2019 at 7:50:39 AM permalink
Quote: EvenBob

I hate the mentality that comps engender.
I was always seeing people begging the PB for a pack of smokes, or a comped buffet.
... so low life and degrading, I hated it. Begging for hand outs..



Several members of the long-ago poker breakfast club near me expressed similar disdain for Tunica's blatant 'its yours only if you beg for it' attitude. They would enjoy the craps and carnival games in Tunica but didn't like the deli sandwich, buffets, rooms, etc always being beg only. Some stopped flying from Florida to Tunica Casinos because of it and flew instead to Atlantic City. They always got their big comps in Tunica they just didn't like the policy and having to hear everyone else beg for a lousy free soup and sandwhich or room comp.

free knicks and knacks are usually garbage anyway.
Free upscale meals and rooms may be of value. A DUI avoidance room is of value even to a local homeowner.
Staycation freebies are nice, but a free pie or free bag of peanuts is insulting.
buffet comps without line passes are often a nuisance and some buffets are depressing.

I don't like the 20 dllar room trick attitude or people who value it.
its a greased palm industry, but if its annoying and degrading, its not worth it.
EvenBob
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March 31st, 2019 at 11:29:22 AM permalink
Quote: MDawg

There was a trip where I was winning 25 - 75K per day...
went home with over $400K to the good,.., and then like as not, the very next trip I'd win $100K,.. play to win, sure, but I don't really care if I win 1000 or 10000 I don't need the money.



Good stories, lots of stories on the
interweb-internet where you can be
anything your fingers can type out.
No verification needed. Like me.
"It's not called gambling if the math is on your side."
AxelWolf
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March 31st, 2019 at 11:30:26 AM permalink
Quote: MDawg

There was a trip where I was winning 25 - 75K per day. I started telling my friends (my entourage, all of whom were staying free in Vegas on my comp'ed nickel), "I mean, winning less than twenty five a day, that's NOWHERE!" and one of them said to me, "Take it easy ____, if you pat yourself on the back too hard, you might fall over."

Also during this trip, I was at Bellagio for already at that point ten days straight in one of their penthouses, and one of the pit bosses asked, "Don't you work?" Then one of my Baccarat acquaintances (I was playing exclusively Bacc. at this time), a Chinese guy with a million dollar line (I had only a $20K line at that time), said, "Why should he go home? Twenty five thousand a day tax free is good money!"

THAT particular trip, I went home with over $400K to the good, all wired to my bank account.

So yeah - I agree - if I could win $25K every single day, I would never have stopped!

But there were also occasional trips when I would lose $20K at one casino, run across the street, lose another $20K, and so on. Trips where I'd end up losing 60K or so, which wasn't even the sum total of my lines in Vegas alone (also had big lines in Tahoe), but was a good sum to lose. I'd just pay it, and then like as not, the very next trip I'd win $100K, but it started to get just too energy draining.

Plus also during a couple years of my earlier high rolling days I was banned from BJ at some of the casinos in Vegas (which is why I started to play Bacc. in the first place), and I was at the back of my mind whenever I did play BJ, worried that they would reimpose the ban. (The reason I was able to get it lifted, was it really wasn't a ban - it was a handicap. They got tired of my jumping the bet and creaming them on the big bets, so they imposed a limit of 3X on me, where whatever I bet on one hand, I could bet no more than 3X that on the next hand. But eventually, after I had not played BJ for a couple of years, the Director who had imposed this oddball rule on me moved on, and the new incoming staff somehow forgot about it.)

And during all of this I had my real world career, and businesses, that brought in a good sum of money back then, and today bring in a good ton of money.

Over all, when I stopped about a decade ago, I did end up more than a little ahead (and that's not even counting the massive comps), but after two losing trips in a row, I re-evaluated and quit for a year. After not playing for a year, I really didn't miss it. Next thing you know, about a decade had passed, with no gambling, not even a penny. I went back to gambling last year, I guess, because I decided that maybe I did miss the action and have too much money these days. Ironically, now that I have even higher credit lines, and am wealthier than I was then, I play smaller. I don't even play to make money. I play to win, sure, but I don't really care if I win 1000 or 10000 I don't need the money. It's a matter of principle to me, that I must win, or else, I don't see the point in gambling.

I think I learned a lot in that decade of extreme high rolling. I learned not to chase a loss. I learned that it is important to stop the session when ahead. I learned that it is okay to stop the session when losing, before too much is lost, and come back on another day to win it back in segments. Whatever I learned, seems to be working. The dealers now, who knew me then (and those who did not, and have just met me), all say that I am today the most disciplined player they have ever seen. In any case, whatever I am doing, is working so far! Yes...the "so far" is the key, but we just spent three weeks in Vegas. Two weeks solid the trip before. And still came home ahead, with most everything comp'ed. (Four trips in a row, since my return to gambling, all winners.) I think especially those extended length trips show some discipline and ability to win. (And I say so, at the risk of falling over.)

FYI the last guy that had a bunch of high Roller stories like this turned out to be a complete fraud and compulsive liar. Of course, some of us already knew this from the beginning. It's ok, because I made some money off a side bet regarding the supposed High Roller and ended up meeting another new member in the process who ended up being a really good guy and a friend.
♪♪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♪♪
lilredrooster
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March 31st, 2019 at 12:45:49 PM permalink
if I believed I had winning intuition I'd say eff baccarat

I'd be betting big on stock options - building up my bank - in a gigantic market that can absorb almost any size bet - at least on the big stocks

I could make a million dollars a day - easy
Please don't feed the trolls
PokerGrinder
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March 31st, 2019 at 2:13:14 PM permalink
Quote: Rigondeaux

It's somewhere in his Latin America trip thread. I'm being a bit hyperbolic though. He just walked in on someone at his hostel.


Lmao that was actually a private message in our GM chat group.
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston
RS
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March 31st, 2019 at 2:28:26 PM permalink
Quote: PokerGrinder

Lmao that was actually a private message in our GM chat group.


That's what I was thinking.

All in favor of permanently banning Rigindux forever off the forum for posting private communications say "Aye!" I shall vote 'present'.
PokerGrinder
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beachbumbabs
March 31st, 2019 at 2:33:17 PM permalink
Quote: RS

That's what I was thinking.

All in favor of permanently banning Rigindux forever off the forum for posting private communications say "Aye!" I shall vote 'present'.


Just ban Axel instead, he probably did something to deserve it lol.
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston
djatc
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beachbumbabs
March 31st, 2019 at 2:34:18 PM permalink
Quote: RS

That's what I was thinking.

All in favor of permanently banning Rigindux forever off the forum for posting private communications say "Aye!" I shall vote 'present'.



I cant spell his name so AYE
"Man Babes" #AxelFabulous
Sandybestdog
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March 31st, 2019 at 5:41:58 PM permalink
Quote: AZDuffman

Just so they keep leasing cars for 3 years so I can save thousands by buying used.

Are you saving thousands? Factor in everything and new cars are often a better value than cars coming off of lease.
AxelWolf
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March 31st, 2019 at 6:33:21 PM permalink
Quote: PokerGrinder

Lmao that was actually a private message in our GM chat group.

♪♪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♪♪
100xOdds
100xOdds
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March 31st, 2019 at 6:46:21 PM permalink
Quote: PokerGrinder

Lmao that was actually a private message in our GM chat group.

hope she was cute.
also, hope you asked to join in?
:P
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
100xOdds
100xOdds
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March 31st, 2019 at 6:49:37 PM permalink
Quote: Sandybestdog

Are you saving thousands? Factor in everything and new cars are often a better value than cars coming off of lease.

what?
that's opposite of common belief.
used cars are better because new car owners paid the depreciation.
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
MDawg
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RS
March 31st, 2019 at 7:44:08 PM permalink
Quote: EvenBob


No verification needed. Like me.


I'm not the one calling you a low life bumpkin; it was billryan and bobbartop who said that about you.
Last edited by: MDawg on Mar 31, 2019
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
onenickelmiracle
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March 31st, 2019 at 11:43:58 PM permalink
If you're an AP, you can also be a cowboy and a rock star that can ask for a good old fashioned BJ.

and get it 3/2 and they love you asked for it
I am a robot.
AZDuffman
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April 1st, 2019 at 2:49:59 AM permalink
Quote: Sandybestdog

Are you saving thousands? Factor in everything and new cars are often a better value than cars coming off of lease.



Absolutely saving thousands, probably $10K last time over buying new. I am not sure what "new cars are a better value" means.

Rule of thumb is cars lose 20% of their value every year. Meaning a 3 year old car costs about half of what a new one does. If you buy new and I buy used and we both keep the car until it is 10 years old, I get 70% of the utility you do at 50% of the cost. I got mine at 2 years old for 50% as it probably came out of a rental fleet and had a fender bender on its carfax.

Brand new cars are nice, but you pay for that nice, and you pay big. Average new car loan term is not 69 months and the payment IIRC of $550. No wonder people are broke.
All animals are equal, but some are more equal than others
EvenBob
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April 1st, 2019 at 10:52:54 AM permalink
Quote: AZDuffman

I got mine at 2 years old



I've told the story before of the
multi-multi millionaire woman
I knew who could afford a new
car every month, but bought a
2 year old car every 2 years
because it was the absolute best
deal. And always a Buick or Olds
station wagon because they
always got the most at trade
in time.

"It's not called gambling if the math is on your side."
lilredrooster
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April 1st, 2019 at 10:54:31 AM permalink
Quote: AZDuffman

Absolutely saving thousands, probably $10K last time over buying new. I am not sure what "new cars are a better value" means.



pretty good article comparing the 2 options - a lot of it is pretty obvious - some of it I hadn't thought of
https://cars.usnews.com/cars-trucks/new-cars-vs-used-cars

Please don't feed the trolls
AZDuffman
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April 1st, 2019 at 11:20:18 AM permalink
Quote: lilredrooster

pretty good article comparing the 2 options - a lot of it is pretty obvious - some of it I hadn't thought of
https://cars.usnews.com/cars-trucks/new-cars-vs-used-cars



Mostly seen all of this before. IMHO it comes down to how you grew up. My family never could buy new. I bought new once, bottom of the line for what most used cars I was looking at cost. I think nothing of buying used. My brother and I bought off-lease within months of each other last time and it was the first time ever we can remember that neither of us was driving old junk.

Other people I know the family always bought new, so that is all they can picture doing.

What most amazed me when I was in car loans was how so many people accept such large payments in relation to their income. That and how much negative equity people would just roll in to the new purchase. What people drop on cars, dava nabala.
All animals are equal, but some are more equal than others
lilredrooster
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April 1st, 2019 at 12:24:33 PM permalink
For me, a new car is definitely a want, not a need - a used car probably can be a better deal
I'm pretty cheap and restrictive about my buying habits
but I give in to my want when buying a car - I buy new
Please don't feed the trolls
darkoz
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DeMangoMinty
April 1st, 2019 at 12:29:26 PM permalink
Pro gamblers go broke because they hijack threads to discuss purchasing cars
For Whom the bus tolls; The bus tolls for thee
MaxPen
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April 1st, 2019 at 12:36:26 PM permalink
Quote: darkoz

Pro gamblers go broke because they hijack threads to discuss purchasing cars



Not all of them are adept at riding the bus.😀
Face
Administrator
Face
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April 1st, 2019 at 12:50:57 PM permalink
Quote: EvenBob

I've told the story before of the
multi-multi millionaire woman
I knew who could afford a new
car every month, but bought a
2 year old car every 2 years
because it was the absolute best
deal. And always a Buick or Olds
station wagon because they
always got the most at trade
in time.



Unggh. Cut the roof, bed the 3rd row, 33's on bags, side pipes. Like a 4dr Mad Max Ranchero

I need to go lay down...
The opinions of this moderator are for entertainment purposes only.
lilredrooster
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April 1st, 2019 at 1:03:42 PM permalink
I used to think Buicks were horrible
but the new ones look pretty cool to me
2019 Buick Lacrosse:
Please don't feed the trolls
TigerWu
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April 1st, 2019 at 1:04:09 PM permalink
That wagon is sweet... god, cars are so ugly nowadays.
100xOdds
100xOdds
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April 1st, 2019 at 4:14:46 PM permalink
Quote: lilredrooster

pretty good article comparing the 2 options - a lot of it is pretty obvious - some of it I hadn't thought of
https://cars.usnews.com/cars-trucks/new-cars-vs-used-cars

I usually buy new but end of year models when they have $3k rebates on a $18k car.
then drive it till it drops.
2 cars ive owned have gone 225k miles.
3rd car is at 80k miles.

what I found out is that price matters very little when buying new with big rebate vs just off lease used if you drive it till it drops.
price per mile driven is very close to each other.

ie: new car $15k, drive 225k miles = $0.067/mile
used car of same model but 3yrs older with 30k on the odometer and you estimate you'll drive it till 225k = 195k miles driven.
I don't remember the price but it was within 10% of the price per mile cost of a new car
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
terapined
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April 1st, 2019 at 5:06:18 PM permalink
Quote: lilredrooster

I used to think Buicks were horrible
but the new ones look pretty cool to me
2019 Buick Lacrosse:



Buick is an interesting brand
They really struggle here in the USA with weak sales and a weak reputation.
While in the booming car market in China, the rep is quality and status.
You are an executive in China and you get a raise, you go out a buy a luxury Buick. Its THE status symbol.
Its one of the top car companies China , especially the high end models
They partner with a company in China manufacturing the car over there and the quality standards are pretty high as demanded by their Chinese partners.
Buick does massive business in China
Its just a forum. Nothing here to get obsessed about.
mcallister3200
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April 1st, 2019 at 6:04:44 PM permalink
It’s funny how that works huh, as people get older they like Buick’s more.

Ps el Camino pickup cars 4 lyfe
RS
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April 1st, 2019 at 7:27:59 PM permalink
Quote: MaxPen

Not all of them are adept at riding the bus.😀


I got approached in a casino once from clearly a tourist. Wasn’t asking for money, but wanted to know what bus to take to where. I was wearing a station’s shirt or something so he figured I was a local and knew. Would’a helped him find the proper route if I knew, but I honestly have no idea. The only bus I know of is “the deuce”, but have no idea where it goes. In hindsight I coulda googled it for him, but hindsight is 2020, as they say.

But for real, I guess this question is best asked to Darkox — how or where do you pay on a bus? Do you have to pay for a ticket ahead of time (like a train?), or do you just pay the bus driver? Does it matter how far you go?
MaxPen
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April 1st, 2019 at 8:04:46 PM permalink
Quote: RS

I got approached in a casino once from clearly a tourist. Wasn’t asking for money, but wanted to know what bus to take to where. I was wearing a station’s shirt or something so he figured I was a local and knew. Would’a helped him find the proper route if I knew, but I honestly have no idea. The only bus I know of is “the deuce”, but have no idea where it goes. In hindsight I coulda googled it for him, but hindsight is 2020, as they say.

But for real, I guess this question is best asked to Darkox — how or where do you pay on a bus? Do you have to pay for a ticket ahead of time (like a train?), or do you just pay the bus driver? Does it matter how far you go?



I took a tram, basically a bus with some wire thing on top of it, in Rome. You had to buy tickets at a convenience store type place. You just got on and got off. I took it a few times more and decided to forego the tickets as no one checked. I think I could have got a 50 euro fine if caught I think.
You really have to know what you're doing if you want to get around that way. It's just not for me. I did it like an adventure.
beachbumbabs
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April 1st, 2019 at 8:10:25 PM permalink
Quote: terapined

Buick is an interesting brand
They really struggle here in the USA with weak sales and a weak reputation.
While in the booming car market in China, the rep is quality and status.
You are an executive in China and you get a raise, you go out a buy a luxury Buick. Its THE status symbol.
Its one of the top car companies China , especially the high end models
They partner with a company in China manufacturing the car over there and the quality standards are pretty high as demanded by their Chinese partners.
Buick does massive business in China



IMO, Buick is a very good quality car, although I had a bad one (bought used). Family has had several, drove the wheels off all of them. I do find them overpriced compared to some of the great SUVs coming in, whoh is my preferred vehicle style. And the 93 Roadmaster was a fantastic car, both the sedan and the wagon.

As to Chinese status, don't they revere Tiger Woods over there? Think I read he was their most sought-after spokesman for any product for over a decade. And he shills Buicks - GMs main celebrity spokesperson for years. I think that might add to the allure there.
If the House lost every hand, they wouldn't deal the game.
EvenBob
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April 1st, 2019 at 8:36:08 PM permalink
Quote: beachbumbabs

don't they revere Tiger Woods over there? Think I read he was their most sought-after spokesman for any product for over a decade. And he shills Buicks



Till Buick fired him in 2009 for
being the low life that he is..
"It's not called gambling if the math is on your side."
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