AZDuffman
AZDuffman
Joined: Nov 2, 2009
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November 19th, 2014 at 1:03:59 PM permalink
Quote: Romes


Theoretical Loss deals with this long run.



I understand the concept, but the bigger and simpler concept is unless the money walks in the door it is all just "churn" and meaningless. I can bet roulette all night (like I would!) betting red or black and win then lose, over and over. But the most I can "lose" is $100.

Put another way, you and I go in individually to run a doey-don'ty on the craps table. We each buy in for $500 and play all night, no 12s come up. We might easily run $10,000 though each. But in the end we could only lose $1,000 in total.
Tolerance is the virtue of believing in nothing
Romes
Romes
Joined: Jul 22, 2014
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November 19th, 2014 at 1:53:43 PM permalink
Quote: AZDuffman

I understand the concept, but the bigger and simpler concept is unless the money walks in the door it is all just "churn" and meaningless. I can bet roulette all night (like I would!) betting red or black and win then lose, over and over. But the most I can "lose" is $100.


If you only in fact have $100 in your pocket. My point was the casino has NO CLUE how much ANYONE has in their pocket(s). Thus, that is a completely worthless rating system. So you're telling me when someone buy's in, they never buy in again, or go to another table/game and buy in there?

If I take $1K to the casino, and I buy in for $400, and never have a losing streak enough to rebuy, then the casino looks at me as if I'm $400. However, I'm totally willing (if needed) to play that entire $1K in my pocket, so I should 'really' be worth $1,000 to them. THIS is my point and why buy in rating is seriously stupid. They can't possibly rate my pocket, but what they CAN rate is my play, which shows them my average bet, how long I've been playing, and what disadvantage they think I'm playing at.

We could only lose $1,000 total if I don't break out the other $10k I have in my pocket.
Playing it correctly means you've already won.
Dynamite
Dynamite
Joined: Sep 12, 2012
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November 19th, 2014 at 2:05:54 PM permalink
My thoughts on the Rivers - PGH

1. They have some pretty good PLO at times.

2. I don't like the 8 decks, but it is better for lucky ladies AP players.

3. The food is better than the Meadows.

4. I was given food comps when I asked for them.

5. There are too many hoodlums.

6. It is usually crowded.

7. I saw a guy beating up a lady in the Parking Garage. Several people reported it to security and they seemed to not be too concerned. Finally, after about 15 minutes they went out. People were gone. Maybe he finished her off and stuffed her in the trunk!

8. PB's seemed smug.

9. Dealers seemed competent and friendly.
richbailey86
richbailey86
Joined: May 8, 2014
  • Threads: 38
  • Posts: 325
November 19th, 2014 at 4:16:11 PM permalink
Quote: Dynamite

My thoughts on the Rivers - PGH

1. They have some pretty good PLO at times.

2. I don't like the 8 decks, but it is better for lucky ladies AP players.

3. The food is better than the Meadows.

4. I was given food comps when I asked for them.

5. There are too many hoodlums.

6. It is usually crowded.

7. I saw a guy beating up a lady in the Parking Garage. Several people reported it to security and they seemed to not be too concerned. Finally, after about 15 minutes they went out. People were gone. Maybe he finished her off and stuffed her in the trunk!

8. PB's seemed smug.

9. Dealers seemed competent and friendly.



thanks for all the replies

and funny you say that i bet lucky ladies every time with a $5 chip and hit id say 3 out of 10 times it was ridiculous
An idea whose time has come cannot be stopped by any army or any government. Ron Paul
teddys
teddys
Joined: Nov 14, 2009
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November 22nd, 2014 at 9:09:27 PM permalink
As far as these urban "city center" casinos I think Horseshoe Cincinnati has done it the best so far. Good spacious layout, large variety of games, walking distance of city center, good buffet, and nice variety of restaurants (Margaritaville, Jack Binion's Steak, Bobby's Burger Palace, Starbucks). Diamond lounge has a hot buffet at mealtimes which is pretty awesome, and it's one of the bigger lounges. If I were a Cincinnatian, I'd be proud to call this my home. Also good for out-of-towners. Only downside is lack of an attached hotel but they have good hotel partners. (You must stay at the 21c Museum Hotel at least once).
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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November 23rd, 2014 at 3:43:23 AM permalink
To say a casino believes in comping only actual losses instead of theoretical losses is to say they are vulnerable to a Don Johnson tactic.

I really do wonder how many casinos might be vulnerable to the suggestion of "hey, you guys only have to rebate when I actually lose". Unfortunately, a guy needs to be a high roller to find out, ruling me out.
"Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed." .......... Mark Twain
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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September 28th, 2016 at 8:23:41 PM permalink
I'm surprised by this system as it is obviously flawed and could mean total forfeiture of any players that get lucky. Faking losses is so easy I'm surprised they set themselves up for manipulation.
Looks like sh!t just got imaginary!
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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September 28th, 2016 at 8:24:05 PM permalink
I'm surprised by this system as it is obviously flawed and could mean total forfeiture of any players that get lucky. Faking losses is so easy I'm surprised they set themselves up for manipulation.
Looks like sh!t just got imaginary!
sabre
sabre
Joined: Aug 16, 2010
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September 28th, 2016 at 8:55:31 PM permalink
Quote: onenickelmiracle

I'm surprised by this system as it is obviously flawed and could mean total forfeiture of any players that get lucky. Faking losses is so easy I'm surprised they set themselves up for manipulation.



I'll bite. Why are you going around bumping threads that are several years old?
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 132
  • Posts: 4982
September 28th, 2016 at 9:25:32 PM permalink
Quote: sabre

I'll bite. Why are you going around bumping threads that are several years old?

I'm bored and am reading old threads. Perhaps I'm not big on traditions, customs, etc. Perhaps I'm a 400 pound hacker sitting in bed and can't get into the DNC. I'm bored.
Looks like sh!t just got imaginary!

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