MrPapagiorgio
MrPapagiorgio
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December 3rd, 2009 at 3:24:16 AM permalink
What are the biggest losses, or missed wins you've seen? I haven't witnessed more than a few thousand in losses, but I've heard some recent stores. A guy at the M was telling me about a player he saw at Caesar's a few nights ago betting $250,000 a hand in roulette, losing 7 MM in total (some kind of an oil sheik?). Another player told me about a guy that was playing Pai Gow Poker who was urged by the table to bet on the bonus hand. He refused, probably because he knew the edge was higher on that bet, but a few minutes later he hit the 7 card straight flush. I guess he isn't technically a loser, but he did miss out on a hand worth thousands!
So I says to him, I said "Get your own monkey!"
MrPapagiorgio
MrPapagiorgio
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December 3rd, 2009 at 3:25:37 AM permalink
Hey mods, if you happen to read this, can you please move the post from Off Topic to General Discussion? I guess it is actually on topic for that forum!
So I says to him, I said "Get your own monkey!"
Croupier
Croupier
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December 3rd, 2009 at 8:23:52 AM permalink
In the small fry casino I work in, there are a few major players who will regularly drop £8-10,000 ($12-15,000) This is on roulette.
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JB
Administrator
JB
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December 3rd, 2009 at 9:17:05 AM permalink
This isn't so much of a biggest loser story, but is an interesting story if you are familiar with Pai Gow Tiles.

When I was at Mandalay Bay in June, there was a guy betting big on Pai Gow. This player was at "first base", so he was the last to have his tiles revealed. He had a $3,000 bet on the table on this particular hand.

Everyone was dealt their tiles and set them. I don't recall what I had; I think it was an average hand like 6/7. The dealer then revealed his tiles:

High 10, Low 10, 11, 12

and set them to play 1/2. There was some talk from the big bettor and his friends (in a foreign language), which I presumed was because everybody at the table won. After I was paid my winnings, I was arranging my chips while the dealer paid off everyone else. However, I noticed him take the last player's bet. Confused, I looked up, and saw the player's tiles:

High 6, Low 6, Low 4, 7

Both the player and dealer had terrible hands, 1/2 each. But unfortunately for the player, the dealer had the higher 1 and the higher 2, so he lost his $3,000 bet.

It will likely be a long time before I witness something like that again, given that the probability is approximately 1 in 1,438,049.
dk
dk
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December 3rd, 2009 at 9:38:34 AM permalink
Ouch, I lost about $1500 in a hand of Pai Gow in Macau when I was banking and was dealt the dreaded 1-2. That remains my biggest single hand loss (and hopefully will for a long time).

As for biggest losers I've seen, on my first trip to Vegas, I was standing around a $5 craps table trying to comprehend the game. A friendly guy in his late twenties who was in Vegas for his wedding offered to show me his strategy that he seemed to think couldn't possibly lose. He bet on the field and when that lost, he doubled his bet. He continued this until he had lost about $1,000 at which point he turned to me and said that was all the money he'd brought to Vegas and that he was going back to his room.

The monetary loss wasn't huge in an absolute sense, but I could see that to this guy, the amount was very meaningful.
The ratio of people to cake is too big.
teddys
teddys
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December 3rd, 2009 at 2:49:51 PM permalink
Here's to more Pai Gow "bad beat" stories! Here's another one:

I was playing $15 tiles at Harrah's AC and was dealt a very good hand. Can't remember what it was exactly, but it was something like either Pair/Wong or Pair/Gong. The other players also had very good hands like Wong/9s, etc. We were all counting our money at this point.

The dealer uncovered Gee Joon/Pair.

Suffice it to say a lot of collective air escaped from the table at that point. Good thing I was only playing $15!
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
JimMorrison
JimMorrison
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December 3rd, 2009 at 6:58:48 PM permalink
I saw a guy about a year or so ago lose $800,000 in a few hours playing blackjack at the Playboy Club. I've seen several other players lose well into six figures up there.
EvenBob: "Look America, I have a tiny wee-wee, can anybody help me?"
strictlyAP
strictlyAP
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June 26th, 2014 at 6:50:34 PM permalink
Lost my flush and pair of kings to a straight flush and a pair of aces fml
The bet will not be paid- not now not ever
Tomspur
Tomspur
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June 26th, 2014 at 6:55:28 PM permalink
Quote: strictlyAP

Lost my flush and pair of kings to a straight flush and a pair of aces fml



You have been running pretty bad lately.....hope it turns around super quick!!

FWIW, saw a guy lose 2 milly at MB about 2 years ago. Also saw an NFL boy walk out there with 1.5 bar in a duffel bag.
“There is something about the outside of a horse that is good for the inside of a man.” - Winston Churchill
andysif
andysif
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June 26th, 2014 at 7:19:28 PM permalink
Quote: JB

This isn't so much of a biggest loser story, but is an interesting story if you are familiar with Pai Gow Tiles.

When I was at Mandalay Bay in June, there was a guy betting big on Pai Gow. This player was at "first base", so he was the last to have his tiles revealed. He had a $3,000 bet on the table on this particular hand.

Everyone was dealt their tiles and set them. I don't recall what I had; I think it was an average hand like 6/7. The dealer then revealed his tiles:

High 10, Low 10, 11, 12

and set them to play 1/2. There was some talk from the big bettor and his friends (in a foreign language), which I presumed was because everybody at the table won. After I was paid my winnings, I was arranging my chips while the dealer paid off everyone else. However, I noticed him take the last player's bet. Confused, I looked up, and saw the player's tiles:

High 6, Low 6, Low 4, 7

Both the player and dealer had terrible hands, 1/2 each. But unfortunately for the player, the dealer had the higher 1 and the higher 2, so he lost his $3,000 bet.

It will likely be a long time before I witness something like that again, given that the probability is approximately 1 in 1,438,049.



LOL
These 2 combinations of tiles are so notorious they are each given a "name" in Chinese.
The first one roughly translates to : the 4 biggest companies coming to port, probably in reference to old time Shanghai.
The second one is just "double six, seven and four". But this hand is so infamous it is actually in the lyric of a song.
Daddydoc
Daddydoc
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June 26th, 2014 at 7:33:23 PM permalink
The biggest loss I ever saw was a guy playing solo on a craps table a few years ago. He was betting $600 line bets with $3K in odds, and 2-3 come bets with the same amount. He was working on becoming the chairman of the donating committee. He took $25K markers about every 15-20 minutes. I watched for 4 markers, and I couldn't take any more. I talked to a dealer the next morning - he apparently went through $200K before he left.
If government is the answer, it must have been a very stupid question.
guitarmandp
guitarmandp
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June 27th, 2014 at 9:07:58 AM permalink
There is a baseball pitcher at the casino I go to that one of the floor managers told me lost 1.4 million over 3 days playing black jack.

They also told me a story about a guy recently that bought in with a 25K marker and was down $8,000 and he said he wasn't leaving until he made his 8K back. He lost $100,000 trying to win back his $8,000

I was also on a craps table with this high roller that had $2,000 on every number and $5,000 in odds behind his $100 passline bet and the table was just point-7, point-7. As a joke I told him to make a $500 Come bet, a reference to the opening scene in the movie The Gambler where Axel makes a $500 come bet and they roll aces. He puts $500 on the come, and they roll a 7 so he won his $500 come bet but lost about $15K in action.
DMSCR
DMSCR
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June 28th, 2014 at 7:09:31 PM permalink
Folks who fight a long Bank or Player at the baccarat tables.
Folks who constantly throw huge bets at those sucker side bets like the Tie, Pairs, Panda 8 and Dragon 7.

I remember the first time I saw a huge number of brownies disappear at a low limit table at the Wynn in December 2012. With the amount that Euro whale lost one could go ahead and buy a new Ferrari!
Ahigh
Ahigh
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June 28th, 2014 at 9:41:01 PM permalink
This is a really sad discussion. I only enjoy watching people lose money when they are good sports about it. I never enjoy watching people lose money that they had no business gambling with in the first place. This often happens to people who believe (falsely) in systems and find out the hard way that they don't work.
aahigh.com
Buzzard
Buzzard
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June 28th, 2014 at 10:36:07 PM permalink
I could care less if a whale loses millions. SO WHAT !
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
Deucekies
Deucekies
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June 29th, 2014 at 11:12:29 AM permalink
Quote: Ahigh

This is a really sad discussion. I only enjoy watching people lose money when they are good sports about it.


I only enjoy watching people lose money when they're being jerks about it. When people are such good sports is when I pain for them the most.

Quote: Ahigh

I never enjoy watching people lose money that they had no business gambling with in the first place. This often happens to people who believe (falsely) in systems and find out the hard way that they don't work.


This I will +1.
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
Lemieux66
Lemieux66
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June 29th, 2014 at 11:23:20 AM permalink
8 or 9 years I was playing hold em and had AA. Other guy KK. Flop A blank blank. Turn K. River K. 700 dollar pot :(
10 eyes for an eye. 10 teeth for a tooth. 10 bucks for a buck?! Hit the bad guys where it hurts the most: the face and the wallet.
Mosca
Mosca
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June 29th, 2014 at 11:38:11 AM permalink
A few years ago, it was when 3 Card everywhere paid 40-30-6-4-1 on Pairs Plus. My brother in law and I were at a table when this woman sat down, late 30s or so. Tight jeans, fake melons, used to be really good looking. what bikers call "rode hard and put away wet." And she looked kind of like a biker chick. She was really, really drunk. She signed for a marker of $10000 and started betting black chips, and for the next 45 minuted won HUGE. straight flush, straights flushes and pairs every hand, just bang-bang-bang, every hand it seemed. She was tipping big, making bets for other players, good table with everyone whooping it up. She eventually cashed out for some ridiculous number for a 3 Card table, north of $20k, scooped her chips into her purse and wobbled away.

We kept playing for a while, then went and played something else, then saw her over at a craps table. We went over to have some more fun, and got there just in time to see her toss her last $100 on boxcars. She shrugged, pushed away from the table and stumbled away. This was at Caesar's AC, or maybe Tropicana. I got the feeling she was a known actor there.
A falling knife has no handle.
Ibeatyouraces
Ibeatyouraces
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June 29th, 2014 at 12:29:56 PM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
tringlomane
tringlomane
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June 29th, 2014 at 1:17:19 PM permalink
Quote: Ibeatyouraces

That loss will typically win you five figures now.



Unfortunately most of AC requires some sort of quad to qualify I think. So does tunica and some rooms in St. Louis.
Ibeatyouraces
Ibeatyouraces
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June 29th, 2014 at 1:24:13 PM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
Lemieux66
Lemieux66
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June 29th, 2014 at 2:09:44 PM permalink
Quote: Ibeatyouraces

That loss will typically win you five figures now.



Funny you say that. At Borgata, if the BB is 50k they lower the requirement and I would have won. There once was a tournament BB at Trop that was Aces full of Kings too.
10 eyes for an eye. 10 teeth for a tooth. 10 bucks for a buck?! Hit the bad guys where it hurts the most: the face and the wallet.
andysif
andysif
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June 29th, 2014 at 6:51:22 PM permalink
Quote: Ibeatyouraces

True. I don't get to too many poker rooms these days. I was fortunate to hit one with the winning hand of AAAA10 against AAAJJ back in the early 2000. The qualifier then was only aces full of tens beaten by quads or better. I had A,10 and the other guy had J,J. The flop was A,7,5 then followed by running A,A.



Don't you have to use both of your hole cards to win the bad beat?
dwheatley
dwheatley
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June 29th, 2014 at 6:57:53 PM permalink
They both did.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
Deucekies
Deucekies
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June 29th, 2014 at 7:16:27 PM permalink
Quote: andysif

Don't you have to use both of your hole cards to win the bad beat?



10 kicker is playing in this example. I know a lot of places that will require that quads be a pocket pair though.
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
Ibeatyouraces
Ibeatyouraces
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June 29th, 2014 at 8:19:29 PM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
crapsdude
crapsdude
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June 29th, 2014 at 9:09:28 PM permalink
I once saw a guy lose about $300K at baccarat
then he took a short break & came back
he won all of his money back + about $100K more !!
lucky bastard hehehe
Lemieux66
Lemieux66
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June 29th, 2014 at 9:23:16 PM permalink
Quote: crapsdude

I once saw a guy lose about $300K at baccarat
then he took a short break & came back
he won all of his money back + about $100K more !!
lucky bastard hehehe



Don't let some people on this board read this. It'll lead to 30 page threads. "The Zone" and other such things will be mentioned.
10 eyes for an eye. 10 teeth for a tooth. 10 bucks for a buck?! Hit the bad guys where it hurts the most: the face and the wallet.
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