Poll

2 votes (16.66%)
No votes (0%)
5 votes (41.66%)
1 vote (8.33%)
No votes (0%)
1 vote (8.33%)
2 votes (16.66%)
1 vote (8.33%)

12 members have voted

Confessor
Confessor
Joined: Jun 24, 2017
  • Threads: 2
  • Posts: 14
June 24th, 2017 at 11:35:22 PM permalink
I would go in my wheelchair and AP blackjack hard core with 1-1000 spread until I get backed off. Then i'll refuse to leave and when security comes I'll lock my wheelchair and laugh as they can't roll the wheels and have to carry me. Then i'll "accidentally" fall off the wheelchair and sue the casino security for dropping me on the floor from 5 feet height with the help of bob naresan
mamat
mamat
Joined: Jul 13, 2015
  • Threads: 3
  • Posts: 415
June 25th, 2017 at 7:42:18 AM permalink
Quote: rxwine

You're a full time AP, and you're now laid up in a hospital with your legs and arms up in traction for 4-6 months.

Are you prepared, or has your proverbial Titanic just hit the iceberg? Or somewhere in between?

Being an AP is like being a consultant or massage therapist. It's unlike most store-front businesses.

What I like about being an AP, is on average I can earn 1 year's living expenses in 2 weeks. ...and take the rest of the year off.

It depends on your income to expense ratio.
Many "homeless APs" don't even have 1 month's expenses. If they don't make enough each day, they sleep in bushes, on slot machines, in casino buses, etc...

----
Imagine you are a business consultant at $100/hr, or you do odd jobs below minimum wage $3-5/hr.

At $100-150/hr, in 2 weeks of 8 hrs/day, you have $11-16K. Could you pay 1 yrs expenses with $11-16K? No tax if that's your total yearly income.

At $3-5/hr, in 2 weeks of 8 hrs/day, you have $336-660. Can you pay 2 weeks of living expenses with $336-660?

-----
On the crazy gambling side... (aka "homeless APs", who sometimes rent apartments or houses, or buy new cars/trucks)
Someone just told me last week about a (not-very-good) AP who pawned his car for more money to gamble. :-)
-----
In one area where I play, there are about 10-15 "homeless AP"/"AP with apartment & new car" who's gross income is low six-figures, but the net profit is negative/neutral after leaks (gambling <100% games) and expenses (drugs, women, expensive GF/BF/kids). Their bankrolls rise & fall, and often go to ZERO (but they've got a future income stream of Free Play - "implied bankroll").

Big difference between ($100K gross profit, -$10K expenses, $90K pre-tax net profit) and ($100K gross profit, -$40K gambling, -$60K expenses, $0K net profit).

I guess you could describe them as "people with gambling problems" who know some AP strategies. Others might call them "gambling pros". They do have a lifestyle where they don't have to work a regular job, and bills do get paid (mostly). They are like regular people who work regular jobs and have $100K-250K salaries (taxes), but spend everything. ...with NO unemployment/disability coverage.
Last edited by: mamat on Jun 25, 2017
gamerfreak
gamerfreak
Joined: Dec 28, 2014
  • Threads: 34
  • Posts: 1356
June 25th, 2017 at 9:06:38 AM permalink
Quote: mamat

Being an AP is like being a consultant or massage therapist. It's unlike most store-front businesses.

What I like about being an AP, is on average I can earn 1 year's living expenses in 2 weeks. ...and take the rest of the year off.

It depends on your income to expense ratio.
Many "homeless APs" don't even have 1 month's expenses. If they don't make enough each day, they sleep in bushes, on slot machines, in casino buses, etc...

----
Imagine you are a business consultant at $100/hr, or you do odd jobs below minimum wage $3-5/hr.

At $100-150/hr, in 2 weeks of 8 hrs/day, you have $11-16K. Could you pay 1 yrs expenses with $11-16K? No tax if that's your total yearly income.

At $3-5/hr, in 2 weeks of 8 hrs/day, you have $336-660. Can you pay 2 weeks of living expenses with $336-660?

-----
On the crazy gambling side... (aka "homeless APs", who sometimes rent apartments or houses, or buy new cars/trucks)
Someone just told me last week about a (not-very-good) AP who pawned his car for more money to gamble. :-)
-----
In one area where I play, there are about 10-15 "homeless AP"/"AP with apartment & new car" who's gross income is low six-figures, but the net profit is negative/neutral after leaks (gambling <100% games) and expenses (drugs, women, expensive GF/BF/kids). Their bankrolls rise & fall, and often go to ZERO (but they've got a future income stream of Free Play - "implied bankroll").

Big difference between ($100K gross profit, -$10K expenses, $90K pre-tax net profit) and ($100K gross profit, -$40K gambling, -$60K expenses, $0K net profit).

I guess you could describe them as "people with gambling problems" who know some AP strategies. Others might call them "gambling pros". They do have a lifestyle where they don't have to work a regular job, and bills do get paid (mostly). They are like regular people who work regular jobs and have $100K-250K salaries (taxes), but spend everything. ...with NO unemployment/disability coverage.


I could live fairly comfortably on $12k/yr in my current situation. And that is in a fully renovated house I recently purchased. No car payment or other debt. If I had kids or something that would be a different story.

I never understood how people who make $100k+ can allow their lifestyle to creep so high that they are essentially broke at the end of each month.
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
  • Threads: 64
  • Posts: 11220
June 25th, 2017 at 9:12:40 AM permalink
Quote: gamerfreak

I never understood how people who make $100k+ can allow their lifestyle to creep so high that they are essentially broke at the end of each month.


MC Hammer syndrome.
mamat
mamat
Joined: Jul 13, 2015
  • Threads: 3
  • Posts: 415
June 26th, 2017 at 5:43:58 AM permalink
Quote: gamerfreak

I never understood how people who make $100k+ can allow their lifestyle to creep so high that they are essentially broke at the end of each month.

I have a family member (who never gambles) who does this...

Not only broke, but negative (credit card debt).

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