tuttigym
tuttigym
Joined: Feb 12, 2010
  • Threads: 10
  • Posts: 1413
August 19th, 2022 at 10:50:28 AM permalink
Quote: Ace2


There are only three craps strategies

1) Own the casino. Only way you'll make money


Wrong on this one big time. Do you suppose the owners of the casinos that went belly-up made money? You know the six casinos in Tunica, MS., or the three or four Station casinos in LV, or the bankrupt casinos in AC plus I am sure there are several others that can be named.

Now, I am sure one could point to certain circumstances such as poor management, poor marketing, lavish unnecessary spending, and maybe really bad luck, but in the end, casino ownership is not 100% a winning situation.

Keep swinging, Ace2, your batting average is bound to go up.

tuttigym
unJon
unJon
Joined: Jul 1, 2018
  • Threads: 14
  • Posts: 3858
August 19th, 2022 at 12:31:56 PM permalink
Quote: tuttigym

Quote: Ace2


There are only three craps strategies

1) Own the casino. Only way you'll make money


Wrong on this one big time. Do you suppose the owners of the casinos that went belly-up made money? You know the six casinos in Tunica, MS., or the three or four Station casinos in LV, or the bankrupt casinos in AC plus I am sure there are several others that can be named.

Now, I am sure one could point to certain circumstances such as poor management, poor marketing, lavish unnecessary spending, and maybe really bad luck, but in the end, casino ownership is not 100% a winning situation.

Keep swinging, Ace2, your batting average is bound to go up.

tuttigym
link to original post



Do you understand how leverage and debt work?
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
tuttigym
tuttigym
Joined: Feb 12, 2010
  • Threads: 10
  • Posts: 1413
August 19th, 2022 at 2:25:09 PM permalink
Quote: unJon

Quote: tuttigym

Quote: Ace2


There are only three craps strategies

1) Own the casino. Only way you'll make money


Wrong on this one big time. Do you suppose the owners of the casinos that went belly-up made money? You know the six casinos in Tunica, MS., or the three or four Station casinos in LV, or the bankrupt casinos in AC plus I am sure there are several others that can be named.

Now, I am sure one could point to certain circumstances such as poor management, poor marketing, lavish unnecessary spending, and maybe really bad luck, but in the end, casino ownership is not 100% a winning situation.

Keep swinging, Ace2, your batting average is bound to go up.

tuttigym
link to original post



Do you understand how leverage and debt work?
link to original post


Yes, what's the next question.

tuttigym
Vegasrider
Vegasrider
Joined: Dec 23, 2017
  • Threads: 83
  • Posts: 905
Thanks for this post from:
pwcrabb
August 19th, 2022 at 5:05:20 PM permalink
Anyone old enough on this forum to remember Archie winning millions playing craps at Binions and they ran out of chips?
Ace2
Ace2
Joined: Oct 2, 2017
  • Threads: 31
  • Posts: 2095
Thanks for this post from:
pwcrabb
August 19th, 2022 at 7:42:51 PM permalink
Quote: tuttigym

Quote: Ace2


There are only three craps strategies

1) Own the casino. Only way you'll make money


Wrong on this one big time. Do you suppose the owners of the casinos that went belly-up made money? You know the six casinos in Tunica, MS., or the three or four Station casinos in LV, or the bankrupt casinos in AC plus I am sure there are several others that can be named.

Now, I am sure one could point to certain circumstances such as poor management, poor marketing, lavish unnecessary spending, and maybe really bad luck, but in the end, casino ownership is not 100% a winning situation.

Keep swinging, Ace2, your batting average is bound to go up.

tuttigym
link to original post

Not even worth a response
Itís all about making that GTA
tuttigym
tuttigym
Joined: Feb 12, 2010
  • Threads: 10
  • Posts: 1413
August 20th, 2022 at 6:55:57 AM permalink
Quote: Ace2

Quote: tuttigym

Quote: Ace2


There are only three craps strategies

1) Own the casino. Only way you'll make money


Wrong on this one big time. Do you suppose the owners of the casinos that went belly-up made money? You know the six casinos in Tunica, MS., or the three or four Station casinos in LV, or the bankrupt casinos in AC plus I am sure there are several others that can be named.

Now, I am sure one could point to certain circumstances such as poor management, poor marketing, lavish unnecessary spending, and maybe really bad luck, but in the end, casino ownership is not 100% a winning situation.

Keep swinging, Ace2, your batting average is bound to go up.

tuttigym
link to original post

Not even worth a response
link to original post


But somehow you did.

tuttigym

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