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re: Man loses his hard earned money at the casino and loses it
Posted on 6/28/23 at 9:29 am to ChineseBandit58
Posted on 6/28/23 at 9:29 am to ChineseBandit58
I do well betting $5 a hand on the slots. I usually go once a week and do $100. yesterday I took home $500. I feel anything less than $5 a hand and you wont win shite unless you get real lucky and less incentive to leave if you only win like 20 whereas if you win 100 then you can walk out good.
0
Posted on 6/28/23 at 9:37 am to Boudreaux35
quote:
I will guarantee that if I acted like that, I would have been "escorted" out of the casino and prohibited from returning.
The level of double standards in this country is absolutely embarrassing.
You have the ending to this video that the rest of us dont?
Posted on 6/28/23 at 9:50 am to Kafka
quote:
Few things in this world are more depressing than seeing people play slot machines.
There's a good number of people who, like my lady and I, who rarely go to a casino. But about twice a year we'll take about $40 each and head to Lauberge(we live 15 min away).
This post was edited on 6/28/23 at 10:23 am
Posted on 6/28/23 at 9:52 am to bobBoxer
Who in the hell yells that they're gonna rob a casino inside of a casino? Zero impulse self control, low IQ, low EQ, instant gratification, but they certainly are a musical bunch.
Posted on 6/28/23 at 10:48 am to Earthquake 88
quote:
Historically I’ve always at worst broke even over the long term in a calendar year,
Isn't this what everyone says?
Posted on 6/28/23 at 6:34 pm to RedHawk
quote:
Isn't this what everyone says?
Yes that’s correct. Pretty much everyone says that. If one breaks even they are doing good. If you earn a little coin you’ve done well to stay afloat and turn a profit. Only 1% of true sports handicappers can earn a living wagering on that stuff. 99% of the people out there that wager on sports for an entire calendar year end up losing money. I’ve worked behind the counter I know this as fact. To earn a profit mathematically one must win around 57% of the time which is hard to do. Far as table games I think it’s even harder. Slots no way, all that is sheer luck of being at the right place at the right time. Sports wagering is the only thing I can win more than I lose and some years I’ve done well to break even or small loses. People don’t need to gamble unless they can afford to lose because ultimately that’s what happens to most. They aren’t building those fancy casinos giving money away.
Posted on 6/28/23 at 6:47 pm to Earthquake 88
You said earlier the worst you did was break even, now you say you've done well to break even or small loses (sic).
One thing chronic gamblers do is to deny they ever are losers, even to anonymous internet posters.
One thing chronic gamblers do is to deny they ever are losers, even to anonymous internet posters.
Posted on 6/28/23 at 7:02 pm to Earthquake 88
Walked into Golden Nugget early this afternoon, and first thing I saw was an old baw stand up and slam his slot chair and topple over.
Shook my head and headed to the blackjack table to lose $500 and stew on the drive home
Shook my head and headed to the blackjack table to lose $500 and stew on the drive home
Posted on 6/28/23 at 7:05 pm to bobBoxer
I'm surprised this doesn't happen more often. It's clear he's angry that he lost all his money, but I think he's more afraid of how his baby's momma is about to open a can of whoop arse on him when he returns with no money for diapers!
Posted on 6/28/23 at 7:19 pm to Earthquake 88
quote:
Only 1% of true sports handicappers can earn a living wagering on that stuff.
No. Only 1% are profitable long term. Very very few of those are actually making a living on their bets alone.
This post was edited on 6/28/23 at 7:21 pm
Posted on 6/28/23 at 7:35 pm to Jim Rockford
quote:
casinos are bleak fricking places,
That's no lie, wife and I took my on-laws to silver slipper a few weeks ago. I was miserable in that place.
Posted on 6/28/23 at 10:37 pm to East Coast Band
quote:
You said earlier the worst you did was break even, now you say you've done well to break even or small loses (sic).
You are right I did say that so let me clarify. When I say break even at the end of a year I’m talking minimal gains or loses. Let’s say + or -$50 to $100. That’s no big deal to me and break even in my mind. Didn’t really lose or make anything. Now if you add two zeroes to that and it’s in the negative that’s unacceptable to me even though I could afford a 5-10k loss at EOY and not feel any repercussions. Over the last 30+ years I’ve never fell on my face and lost my arse because I don’t wager enough for that to happen. My original post stated gambling is a slippery slope that people with an addictive personality should not chase. If you can’t pay your bills, take care of your kids, all because you lost it gambling, that’s just messed up.
Posted on 6/28/23 at 11:12 pm to Vandyrone
quote:
No. Only 1% are profitable long term. Very very few of those are actually making a living on their bets alone.
Only 1% of the sports gamblers in this country in my opinion earn their living strictly off wagering on sports and I mean specifically long term. It’s too hard to consistently beat the books long term to earn a living. However, there are some that can do it, and when they place significantly larger wagers down soon as the lines open, the lines move immediately because oddsmakers are scared of the well respected gamblers. These sharps are the ones that immediately tell the oddsmakers they have their lines set wrong and they quickly adjust. When the books identify a person that wins too often long term, they view them as a threat and reduce their wager sizes. Circa Sports and just a couple other books in this country cater to those type of players. Those are the rare 1% sharp players that have a bankroll big enough to give a casino a bad day.
This post was edited on 6/29/23 at 2:43 am
Posted on 6/29/23 at 9:07 am to Earthquake 88
quote:
To earn a profit mathematically one must win around 57% of the time which is hard to do.
I uploaded $100 to Fan Duel before the last CFB season and I lost all five of my $20 bets.
Funny thing is, I didn't even care either way. I will probably never gamble on sports again. Did absolutely nothing for me and I never even watched one single game I bet on.
Posted on 6/29/23 at 9:36 am to Earthquake 88
I bet it's less than 1%. Even those card counter guys have trouble when they get recognized or get on a roll. The casinos in the area they get caught let the other ones know.
Posted on 6/29/23 at 11:08 am to holmesbr
quote:
I bet it's less than 1%. Even those card counter guys have trouble when they get recognized or get on a roll. The casinos in the area they get caught let the other ones know.
I’m speaking in terms of sports wagering. There are 1% in that industry with documented wagers to back it up.
People that play poker, blackjack, dice, slots, etc. I don’t think can consistently win year after year. There are a lot of guys on the poker tour that say they earn their living on that game but I think maybe .01% or less can sustain it enough to not have some other source of income.
Posted on 6/29/23 at 12:39 pm to OweO
quote:
Someone told me a story about someone who has been dead for awhile, but the guy was known to drink and gamble and there were some good stories about him.
One day he got paid. This was back in the early 80s.. He went to the bar where they played cards all the time. Lost his whole paycheck playing cards.. On the way home he tossed his wallet out of his truck and when he got home he told his wife he lost his wallet (which had his check in). That was a one time thing for him, but whats sad are the truck stop casinos that are just a bunch of video poker machines.
One of my cousins used to work at one years back and she told me it was actually depressing working there. The people who would get their monthly government check and then go there and lose it all in a few hours, the people who would come across some money and the first thing they do is go to the poker machines. The people who no one would expect, who would wait until everyone at home was sleeping to go sit at a poker machine for 2-3 hours, several nights a week..
And the thing is, I don't understand how people become addicted to video poker. The biggest payout at one time is $100.. The only way to win is put $50 in and cash out the second you go over $50. If you are lucky you hit a hand that pays out $100.
Posted on 6/29/23 at 12:43 pm to northshorebamaman
I had the same reaction. I started reading that post on my phone so I didn't see the poster's name. About three lines in, I thought to myself, "Goddamnit, is this an OweO post". Posted on 6/29/23 at 1:21 pm to OweO
quote:
And the thing is, I don't understand how people become addicted to video poker. The biggest payout at one time is $100.. The only way to win is put $50 in and cash out the second you go over $50. If you are lucky you hit a hand that pays out $100.
That’s not true . The most you can hit on a hand used to be 500$ twenty years ago it changed to 1000$
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