Gambling - Miscellaneous Discussion Thread
I sometimes buy scratchies at the gas station.
Quote: TigerWuI never buy the scratchers, though. They're usually so anticlimactic. At least with a slot machine, I get a little light show along with my terrible odds.
Go for the bingo or crossword puzzle variety.
I can’t even explain how much of a rush it is when you are down to your last two letters, a T would complete 2 more words and win $500, an E after that would complete 2 more and win $5000. And then you scratch off a Z and a Q =(
Quote: GWAEI just cashed a $10 scratcher that I found in the parking lot.
Congrats! What are you going to do with your $10?
Quote: gamerfreakCongrats! What are you going to do with your $10?
Pack of cigarettes and a 2 L Pepsi should about use it up... (joke)
Quote: TigerWuSomebody mentioned starting a thread for Miscellaneous Discussion that was only for gambling topics as opposed to all random thoughts and off-topic chatter. If that hasn't been done yet, then here it is.
Thank you for starting this thread! :D This is the thread I had in mind but I honestly thought that a Admin had to make it. I fell asleep shortly after making the "Miscellaneous Gambling post," and didn't see the suggestions saying I could have made it myself until a few minutes ago. ;)
Quote: beachbumbabsPack of cigarettes and a 2 L Pepsi should about use it up... (joke)
Ain't 1972 anymore, dear Babs. Sell the 2l, add it to the ten, and you still ain't getting smokes.
Well, maybe in a free State....
Quote: FaceAin't 1972 anymore, dear Babs. Sell the 2l, add it to the ten, and you still ain't getting smokes.
Well, maybe in a free State....
Sounds like another reason you need to get out of that state. In most states $10 will get you a pack and a Pepsi.
https://www.fool.com/investing/general/2014/09/27/the-surprising-cost-of-a-pack-a-day-in-all-50-stat.aspx
Is there a chance that Wynn casinos would ever rebrand? Or is something like that way too big of a hassle?
well after that mathematical analysis, I guess so!Quote: NathanPlaying advance lottery slips is a must.
[what are you going to do?]
Wynn casino north of Boston that is under development is having its name changed.
Smoking and gambling? Yeah... genetic influence for reward-satisfaction has long been alleged.
I buy lottery tickets mainly as gifts not for my own enjoyment.
Quote: GreasyjohnI have a friend that has spent about $20,000 over the last 20 years buying lottery tickets. What are you gonna do? He also plays slots in Vegas as opposed to video poker. My last girlfriend's mother used to play JoB video poker and when she got a low pair she'd also hold the ace kicker. What are you gonna do? Went to Vegas last June with a friend. He started playing slots and I told him how bad the odds were. About five minutes later he walks up to me with a bucket full of dollar tokens. He won about $300. The proof is in the pudding. He told me, haw? Last royal I got at video poker was at the bar at casino royale nine years ago. No hand pay. No tip!
$20,000 in 20 years on lottery tickets is not so bad. It's only $1,000 a year. Now if he were playing like $20,000 a year on lottery tickets for 20 years that would be kind of bad.
Quote: odiousgambitwell after that mathematical analysis, I guess so!
[what are you going to do?]
:)
Quote: NathanPlaying advance lottery slips is a must. :) I had a good feeling that 46 front pair in Pick 4 was coming up soon so I played 46 front pair at .50 for both drawings for 14 days for $14 dollars over a week ago. Yesterday, 4680 showed up and I got my $25. :) And I still have 5 days left for 46 to show up. I've seen "Do it again numbers" come up consecutively. For example, I saw a number like 8500 come up on the evening. And the midday number was 8500. A person who had done 2 weeks in advance would have won $400 in just two drawings. And that's not to count the possibility of a ANOTHER 8500 showing up again within the 2 weeks. I am talking about box in this scenario which means anyway it comes you get paid. For example, if 0580 shows up you still get paid. :) I have seen 750 cash 3 show up three times in just one week! So let's say you have 8500 box and it comes up three times in one week like 8500, 8500, and 0580 you just won $600 in just one week! Not bad on a $14 gamble! :D That's not even to say if 8500 comes up once next week. $800 in two weeks on just $14! :D And if you had it 8500 at straight and it comes up three times in that 2 weeks, you just won $7500 before taxes on just a $14 investment! Or over 535 times your investment before taxes! :D With taxes taken out at 33 percent you still get over $5000 for you. :D On a $14 investment. :D So, advance plays are a must. :)
Your best work yet.
Quote: billryanYour best work yet.
:)
Quote: TigerWuWhat's going on in this picture of a Pai Gow Tile game? Why is every betting position broken down into three spots with varying wagers? It's in a California casino.
It looks confusing, I agree with you. But I am not exactly the best person to answer this question considering I myself just asked what Pai Gow was a few days ago.;)
Quote: TigerWuWhat's going on in this picture of a Pai Gow Tile game? Why is every betting position broken down into three spots with varying wagers? It's in a California casino.
It appears to me they're allowing back-bettors, like many London casinos do. Either people standing behind the players are betting with them, and/or the players are betting on each other's hands.
Instead of stacking multiple players into one bet spot, they can keep the bets separate for payoffs. If that's what they're doing, I applaud it. Gets a lot more money on the table.without having the players argue.about how much each put on the ante.
I could be wrong, obviously.
Quote: beachbumbabs
It appears to me they're allowing back-bettors, like many London casinos do. Either people standing behind the players are betting with them, and/or the players are betting on each other's hands.
Well, whatever is going on, wow, there's a lot of chips on that table. I wonder what the denominations are?
Whoever bet on that 6/bo looks like they're about to clean up... (I hope it was at least a push!)
Quote: beachbumbabsQuote: TigerWuWhat's going on in this picture of a Pai Gow Tile game? Why is every betting position broken down into three spots with varying wagers? It's in a California casino.
It appears to me they're allowing back-bettors, like many London casinos do. Either people standing behind the players are betting with them, and/or the players are betting on each other's hands.
Instead of stacking multiple players into one bet spot, they can keep the bets separate for payoffs. If that's what they're doing, I applaud it. Gets a lot more money on the table.without having the players argue.about how much each put on the ante.
I could be wrong, obviously.
Yes appears you are correct. Just looked up rules at bicycle casino in California and there is backbetting allowed
Highest bettor set tiles his way even if a backbettor. Seated main player gets deference if wagers are equal
Anyone care to guess how and why?
Quote: gamerfreakGo for the bingo or crossword puzzle variety.
I can’t even explain how much of a rush it is when you are down to your last two letters, a T would complete 2 more words and win $500, an E after that would complete 2 more and win $5000. And then you scratch off a Z and a Q =(
Every effing time!!! Plus you end up glitter-bombing yourself. Screw dat.
Quote: darkozDepending on how much you wager there is between a 1% and 20% commission in California pai gow tiles
Anyone care to guess how and why?
My guess is $5 min $100 max with a $1 commission, maybe?
But TBH, that doesn’t sound right, since I’ve heard there are big players in CA and $100 max just seems way too low. Also, those Chinese games usually have quarters (25c).
Does that account for the odd commission?
Quote: RSMy guess is $5 min $100 max with a $1 commission, maybe?
But TBH, that doesn’t sound right, since I’ve heard there are big players in CA and $100 max just seems way too low. Also, those Chinese games usually have quarters (25c).
Yep that's it!
It's ranged so $5-$100 Is $1 commission. So bet $300 (or $201) and it's a $3 commission
Note that's per wager win or lose
Quote: GreasyjohnI have a friend that has spent about $20,000 over the last 20 years buying lottery tickets. What are you gonna do? He also plays slots in Vegas as opposed to video poker. My last girlfriend's mother used to play JoB video poker and when she got a low pair she'd also hold the ace kicker. What are you gonna do? Went to Vegas last June with a friend. He started playing slots and I told him how bad the odds were. About five minutes later he walks up to me with a bucket full of dollar tokens. He won about $300. The proof is in the pudding. He told me, haw? Last royal I got at video poker was at the bar at casino royale nine years ago. No hand pay. No tip!
Some people are too dumb or don't pay enough attention to play video poker well. My friend who came down to Vegas just had no clue and was so distracted with other things that I caught him making the wrong play on about 20% of his hands. That's bad. He enjoyed playing the slots, and for someone who plays such a short time why not?
Sheldon, they're almost always sarcastic when complimenting you.Quote: Nathan:)
Quote: onenickelmiracleDo people really buy debt like in the movie Rounders? In the movie, the guy bought the debt, then added what he wanted, seemed exorbitant. Is that done too?
Debt buyout usually means a discount on the total amount owed, not adding additional debt. For example, I buy a $500 debt from lender for $400. Now the debtor owes me $500 instead paying to the lender.
I'd be extremely wary of letting someone borrow, since I deal with gamblers. They would have to have some sort of future revenue coming in. Some people have little to no cash, but sit on a potential payout on a play that might make the deal worthwhile. If they have jobs I guess you could bank on them getting paid and paying you back.
Quote: djatcDebt buyout usually means a discount on the total amount owed, not adding additional debt. For example, I buy a $500 debt from lender for $400. Now the debtor owes me $500 instead paying to the lender.
But the debtor didn't agree to pay you anything nor should they. You voluntarily paid off their debt for them.
Quote: IbeatyouracesBut the debtor didn't agree to pay you anything nor should they. You voluntarily paid off their debt for them.
If I buy the debt I would like the debtor to understand that they owe me the money now instead of the original lender. I hate having to deal with people and their "wait I don't owe you nuttin since I didn't borrow from you" or some variation of that. I've made maybe 2 loans in my life, and probably will never do it again.
EDIT: maybe if the amount, and the interest is worthwhile, and all parties agree to this new deal.
Quote: IbeatyouracesBut the debtor didn't agree to pay you anything nor should they. You voluntarily paid off their debt for them.
I told this same thing to a debt collection agency once. Never heard from them again!
Quote: IbeatyouracesI told this same thing to a debt collection agency once. Never heard from them again!
I have a mortgage that was sold twice since its inception. Hello free and clear! ;)
Btw, welcome back! Don't tell us you retired from AP only to get a full-time real job.
Quote: onenickelmiracleDo people really buy debt like in the movie Rounders? In the movie, the guy bought Worm's debt, then added what he wanted, seemed exorbitant. Is that done too?
In my old neighborhood, I knew a few bookies who would buy, sell and trade debts like that.
In the real world, Worms debt would have been far higher as he missed many many weeks of paying. The vig keeps growing and penalties for missing a single payment are steep. I know a guy whose son owed a bookie about $1500, refused to pay it and made a point of saying he wouldn't pay. Before anything happened, his father stepped in and assumed the debt. It became $2,000, with a vig of $60 a week. The father ended up paying the $60 a week for years, without ever chipping away the debt.
Quote: RogerKintI have a mortgage that was sold twice since its inception. Hello free and clear! ;)
Btw, welcome back! Don't tell us you retired from AP only to get a full-time real job.
Get a job?
Quote: FaceAin't 1972 anymore, dear Babs. Sell the 2l, add it to the ten, and you still ain't getting smokes.
Well, maybe in a free State....
I'm seeing $6 a pack or so down here in FL.
Quote: onenickelmiracleDo people really buy debt like in the movie Rounders? In the movie, the guy bought Worm's debt, then added what he wanted, seemed exorbitant. Is that done too?
Yes. I’ve never done it, but have been involved in situations where someone bought off someone else’s debt. Of course, it’s at a discount and the people involved basically “make a new deal”. If Alpha owed Beta $1,000 and Beta doesn’t thing Alpha will pay, or will take a long time to pay, he could sell it to Charlie for whatever they agree upon. If the person is very likely to pay, then he might sell for an amount very close to the $1,000. If it’s some dude who you’re almost certain isn’t going to pay, then he might sell it for much less.
If I’m not mistaken, collections companies do the same thing. If you don’t pay something like a medical bill within X time, it gets sold to a collections company and they have to collect from you. That actually happened to me, with an online course I took. Long story short, I had a s*** professor who messed everything up by scheduling my final presentation on a date that she used from the previous year’s calendar, she rescheduled everything except mine, and wasn’t made aware of the mixup until afterwards (and I got like a 40% in the class because the final counted for like 50% of the grade). I told them I wasn’t going to pay for that course because it was setup in a way where I literally could not have passed it. They still tried to charge me. Like 2 years later I was getting calls from a collections company for an amount less than what that course cost. I told them it was BS, they said they don’t care and start threatening me with some nonsense. So I gave them my credit card, waited a few days, then did a charge back and marked it as fraud. I got reimbursed and a new credit card.
Quote: RSYes. I’ve never done it, but have been involved in situations where someone bought off someone else’s debt. Of course, it’s at a discount and the people involved basically “make a new deal”. If Alpha owed Beta $1,000 and Beta doesn’t thing Alpha will pay, or will take a long time to pay, he could sell it to Charlie for whatever they agree upon. If the person is very likely to pay, then he might sell for an amount very close to the $1,000. If it’s some dude who you’re almost certain isn’t going to pay, then he might sell it for much less.
If I’m not mistaken, collections companies do the same thing. If you don’t pay something like a medical bill within X time, it gets sold to a collections company and they have to collect from you. That actually happened to me, with an online course I took. Long story short, I had a s*** professor who messed everything up by scheduling my final presentation on a date that she used from the previous year’s calendar, she rescheduled everything except mine, and wasn’t made aware of the mixup until afterwards (and I got like a 40% in the class because the final counted for like 50% of the grade). I told them I wasn’t going to pay for that course because it was setup in a way where I literally could not have passed it. They still tried to charge me. Like 2 years later I was getting calls from a collections company for an amount less than what that course cost. I told them it was BS, they said they don’t care and start threatening me with some nonsense. So I gave them my credit card, waited a few days, then did a charge back and marked it as fraud. I got reimbursed and a new credit card.
In some cases, you could be charged(No pun intended) for doing a charge back and then calling it fraud and getting a new card.
Quote: NathanIn some cases, you could be charged(No pun intended) for doing a charge back and then calling it fraud and getting a new card.
For what? I was forced to pay under duress.
Quote: RSFor what? I was forced to pay under duress.
I said some cases. ;)
Meanwhile, his front bumper is held together with duct tape. I have mentioned a few times to him that the lottery takeout is 50% and is a sucker's game, and he should track how much his lottery itch costs him, to no avail.
Did you mean to say that you sold some for 10 cents on the $?Quote: GWAEThere was a lot of debt buying when full tilt had their issues. I saw much of it for 10 cents on the dollar
IIRC Pokerstars paid out everyone or somthing like that? If so, I would think that some people may have known there was somthing in the works.
Quote: JohnzimboOne employee who reports to me plays the lottery pick 3 every day. His lunch break is basically a trip to the corner store to put in all his tickets. Don't know how much he plays daily but I estimate it at $50 or more because there are four draws per day and for months he kept telling me that 331 hadn't come in for over a year and he plays that combo every draw. It came in 2 weeks ago, pays $500 if you hit it straight and he collected $6,000, so he must be playing $12 per draw four times a day.
Meanwhile, his front bumper is held together with duct tape. I have mentioned a few times to him that the lottery takeout is 50% and is a sucker's game, and he should track how much his lottery itch costs him, to no avail.
A good friend used to own a ghetto convenience store that I helped out with a bit when I was in college.
$50-$100 / day lottery habits were not unusual
I saw a $20 scratchie win $1 million
