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01-29-2009, 12:22 PM
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#101 | Unauthourized Spammer
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Casino has nice carpet, a staff of people, an electric bill to make a grow-op owner blush, plus massive profits.
I always go into the Casino knowing that it's there for entertainment and for them to make money and not the other way round.
I make and lose money playing a different game. I walk into a casino with $50 and I can have as much fun as the guy who's playing with $5000. The difference is I'm playing to have fun and not make money. If you walk in with the mentality you're going to make money, you deserve to lose every penny.
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01-29-2009, 01:18 PM
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#102 | I don't get it
Join Date: Jul 2004 Location: Vancouver
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Originally Posted by navi187 i heard the best time to gamble is between 12 - 3 am becuase by then the casino has usualy reached its quota for the day and can afford to give away some chips, river rock probably makes 100k a day, that casino was payed off in a year and it was like 1 billion or smth i dno cud be wrong .. | Great Canadian MDA for Q3 2008
Check out page 11 if you want to know how much RR takes in. Gross Revenues from RR was ~350K per day and EBITDA was ~135K per day for 9mths 2008.
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01-29-2009, 03:45 PM
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#103 | Pull Out Towing. Women rescued for free.
Join Date: Mar 2002 Location: Hongcouver
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Originally Posted by forgamez | What is table drop and table hold?
What about slot coin-in?
On page 12, they break things down for the RR.
__________________ Originally posted by Iceman_19 you should have tried to touch his penis. that really throws them off. Originally posted by The7even SumAznGuy > Billboa Originally posted by 1990TSI SumAznGuy> Internet > tinytrix Quote:
Originally Posted by tofu1413 and icing on the cake, lady driving a newer chrysler 200 infront of me... jumped out of her car, dropped her pants, did an immediate squat and did probably the longest public relief ever...... steam and all. | (11-0-0) Buy/Sell rating Christine Shitvic Pull Out Towing |
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01-29-2009, 04:15 PM
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#104 | The RS Freebie guru
Join Date: Jul 2001 Location: East Vancouver
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Originally Posted by Hondaracer if you have enough money, there are ways to play safe and pretty much guarantee positive results
it's idiots who go into the casino everytime looking to make money, and who dont have enough to chase losses who are devistated time after time | Uh, no.
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01-29-2009, 04:20 PM
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#105 | God of Unce
Join Date: May 2008 Location: ASOT
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My uncle in Washington state survives by the casino. He's freakin' hardcore at blackjack =|.. plays by $1000 each hand.. I was lucky enough to get in the casino over there with him and watch him play.. pretty intense stuff.
__________________ UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! |
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01-29-2009, 04:21 PM
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#106 | I don't get it
Join Date: Jul 2004 Location: Vancouver
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Originally Posted by SumAznGuy What is table drop and table hold?
What about slot coin-in?
On page 12, they break things down for the RR. | Ctrl+find is your friend.
From the MDA:
"Table drop means the collective amount of money customers deposit to purchase casino chips to wager on table games, and is commonly computed as the aggregate of money counted in the table games’ drop boxes. Generally, the table drop is an indicator of our gaming business, however over the short-term, the table drop is subject to shifts in customer behavior around buying, retaining and cashing-in of casino Table hold is calculated as the table drop plus or minus the net change in casino chip inventory.
Table hold percentage is the ratio of table hold divided by table drop. Table hold percentage fluctuates with the statistical variations or volatility inherent in casino games, as well as with changes in customer behavior around buying, retaining and cashing-in of casino chips.
Slot coin-in is the aggregate of money customers have placed into slots or electronic machines."
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01-29-2009, 04:33 PM
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#107 | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
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Originally Posted by InvisibleSoul Uh, no. | Well, I could see how it is plausible. Though not guaranteed, it certainly can be done.
Say if you bet $100 on blackjack. You lose. (loss of $100)
The next hand, you play $200, you lose. (net loss of $300)
The next hand, you play $400, you lose. (net loss of $700)
The next hand, you play $800, you lose. (net loss of $1500)
The next hand, you play $1600, you win. (net win of $1600 - net loss of $1500 = net gain of $100)
If you do have enough money, it is possible to "win" but again because of probability, it will never be guaranteed. But if you have an unlimited source of money, it is bound to happen (again because of probability).
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01-29-2009, 04:36 PM
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#108 | Raping Captured Dolphins since 2002 on EZ board days
Join Date: Jul 2002 Location: Hong Kong
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Originally Posted by CRS Well, I could see how it is plausible. Though not guaranteed, it certainly can be done.
Say if you bet $100 on blackjack. You lose. (loss of $100)
The next hand, you play $200, you lose. (net loss of $300)
The next hand, you play $400, you lose. (net loss of $700)
The next hand, you play $800, you lose. (net loss of $1500)
The next hand, you play $1600, you win. (net win of $1600 - net loss of $1500 = net gain of $100)
If you do have enough money, it is possible to "win" but again because of probability, it will never be guaranteed. But if you have an unlimited source of money, it is bound to happen (again because of probability). | And what happens if you lose he $1600 and the next few hands. You are going to keep doubling up? That is why they put table limits so you can't do that. once you reach the max, you are screwed.
There is NO guarantee and safe way to win. Even if you have a million dollars.
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Originally Posted by asian_XL apparently, freedom of speech does not exist on RS | Quote:
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01-29-2009, 04:42 PM
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#109 | ninja edits your posts without your knowledge
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Originally Posted by RFlush And what happens if you lose he $1600 and the next few hands. You are going to keep doubling up? That is why they put table limits so you can't do that. once you reach the max, you are screwed.
There is NO guarantee and safe way to win. Even if you have a million dollars. | I thought there were no limit tables?
But what you have to say is certainly true! Again, the odds are against you but there is a chance of winning. And as I said, it isn't ever guaranteed. But it is plausible.
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01-29-2009, 05:18 PM
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#110 | Need to Seek Professional Help
Join Date: Jun 2006 Location: 604
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One CANNOT make money at ANY table game in a Casino. The "doubling bet" thing only works if you have an infinite amount of money and there are no table limits... if you do have unlimited funds you should consider what the heck you're doing in a Casino anyways.
The only way to actually make money at a Casino is to play poker... or be a man-whore.
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01-29-2009, 05:56 PM
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#111 | The RS Freebie guru
Join Date: Jul 2001 Location: East Vancouver
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Originally Posted by CRS I thought there were no limit tables?
But what you have to say is certainly true! Again, the odds are against you but there is a chance of winning. And as I said, it isn't ever guaranteed. But it is plausible. | No, it's not plausible. Of course there are table limits.
But it doesn't even matter if there are no table limits... it still won't work.
Sure, you will probably win $100 most of the time you do this, but the ONE TIME it doesn't work (as in you go on an unlucky streak and lose 5+ in a row), you're going to lose your shirt.
The bottom line is it is more likely that you'll get one of those unlucky streaks before this strategy works enough times to make it a positive return.
It will NEVER be positive expected value. Period.
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03-28-2009, 08:23 PM
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#112 | Banned (ABWS)
Join Date: Feb 2008 Location: vancouver
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Originally Posted by Hondaracer My buddy who always wins/loses big turned 200 into 6500 at boulevard, he ended up down 400 in the samenight, ducking idiot
Not to mention he was broke at the time.. | facepalm, shakes head Quote:
Originally Posted by Turbo E ^^ those people are PROFESSIONAL gamblers. maybe 1 out of 10 million people can do it.
its all the wanna be's that think they are "World Series of Poker" calibur that end up getting wiped out and feed the Casinos. | not true, i know quite a handful of ppl that play poker for a living/part time with very modest hourly earnings, i had to do the same for a few months last year
it's far more than 1 in 10 mln, it's more like 1 in 15 or less ppl that have a positive earning rate that one can live off of
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03-28-2009, 08:43 PM
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#113 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Jun 2002 Location: vancouver
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Originally Posted by liu13 facepalm, shakes head
not true, i know quite a handful of ppl that play poker for a living/part time with very modest hourly earnings, i had to do the same for a few months last year
it's far more than 1 in 10 mln, it's more like 1 in 15 or less ppl that have a positive earning rate that one can live off of | I read before in an article, the writer was estimating somewhere between 10-15% of ALL poker players are winning players. While a even smaller amount are winning enough to make a living out of it. The rest are break even or losing players in the long run. And "in the long run" i'm not taking about 6 months or a year, it means your life time.
I'm not sure about table games, but i'd expect it to be an even smaller percentage of winning players over the long run since no house game gives the players an edge or even money.
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03-28-2009, 10:45 PM
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#114 | I don't get it
Join Date: Jun 2006 Location: vancouver
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Originally Posted by diesel_test i don't club all that much but how expensive can it get?
I would say if you lose $100 at a table, 30% of it should be the cost of entertainment. If you win, the better.
When you gamble you can get on weeks of winning streaks and one bad day can wipe out your entire streak.
I was winning about $2500-3000 for the last 2 weeks then 2 days ago, got wiped out and lost $2000. | no no, what i meant is the feeling of walking out empty handed haha
i know what you mean, i've been on a roll at bj for the past 2 weeks, but before that i had the shittiest luck.
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03-28-2009, 11:15 PM
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#115 | Diagonally parked in a parallel universe
Join Date: Jul 2004 Location: Vancouver
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U can't get your money back if you sit here posting on RS, go borrow some money from family/friends/dealers/loan sharks etc.... and put it all on one number on roulette, if you win you'll win big, if you lose you can kill yourself
__________________ If you don't like me you can blow me. |
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03-29-2009, 01:41 AM
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#116 | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Jan 2008 Location: Vancouver
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hilarious how ppl think they can make money from casino
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03-29-2009, 02:38 AM
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#117 | In RS I Trust
Join Date: Mar 2003 Location: Mission
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I just got a check for $500us for online betting on sportsbook, I'm pretty happy since I only started with $50 and still have that on my account.
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03-29-2009, 08:11 PM
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#118 | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
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Originally Posted by Durrann1984 hilarious how ppl think they can make money from casino |
I laugh at all the people I know that go to the casino to give their money away |
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03-29-2009, 09:32 PM
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#119 | I have named my kids VIC and VLS
Join Date: Oct 2001
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Originally Posted by CRS Well, I could see how it is plausible. Though not guaranteed, it certainly can be done.
Say if you bet $100 on blackjack. You lose. (loss of $100)
The next hand, you play $200, you lose. (net loss of $300)
The next hand, you play $400, you lose. (net loss of $700)
The next hand, you play $800, you lose. (net loss of $1500)
The next hand, you play $1600, you win. (net win of $1600 - net loss of $1500 = net gain of $100)
If you do have enough money, it is possible to "win" but again because of probability, it will never be guaranteed. But if you have an unlimited source of money, it is bound to happen (again because of probability). | this is how u do it.
BUT.. it can only be done now in Vegas it would seem, all the local casinos have changed their limits so that theres no way u can chase your losses more then 4 times
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03-29-2009, 09:39 PM
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#120 | sneaky beaky like
Join Date: Apr 2008 Location: vancouver
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at edgewater today to kill some time
2 cent slot machine, first roll 15 lines 3 per line, nothing, second roll, 3300 credits
later on won 1900 then 980 =)
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03-29-2009, 09:58 PM
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#121 | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
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Originally Posted by CRS This makes no sense.
100k/day x 365day/1year = 36.5million/year (or 36.6mil/year if a leap year)
How the hell does that even come close to a billion?
Could be wrong? How about.... For god damn sure you are wrong according to your equation.
For 1 billion, it would need to be roughly 2.74 mil a day. |
River Rock aren't making much money anymore. Their stock plummet from $12 to $2.80 during the past 12 months.
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03-29-2009, 10:10 PM
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#122 | RS controls my life!
Join Date: Apr 2008 Location: yvr
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Originally Posted by Durrann1984 hilarious how ppl think they can make money from casino | Yep. Guess all the casinos were built by people winning.
__________________ Quote:
Originally Posted by HollyZ32 you seen my pie live!
straight up nasty right right!!!!!!!!!!!!!!!!!!! lol | Quote:
Originally Posted by HollyZ32 Thats because you end up getting creepy pie like mine that makes you not want to eat it hha ...thats why its cheap ... | |
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03-29-2009, 11:17 PM
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#123 | Proud to be called a RS Regular!
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Originally Posted by Chuck Norris Casino has nice carpet, a staff of people, an electric bill to make a grow-op owner blush, plus massive profits.
I always go into the Casino knowing that it's there for entertainment and for them to make money and not the other way round.
I make and lose money playing a different game. I walk into a casino with $50 and I can have as much fun as the guy who's playing with $5000. The difference is I'm playing to have fun and not make money. If you walk in with the mentality you're going to make money, you deserve to lose every penny. | wow thats my fav quote thanks!
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03-30-2009, 01:35 AM
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#124 | Proud to be called a RS Regular!
Join Date: Feb 2008 Location: Richmond
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Originally Posted by RRxtar go withdraw $3400 and get back in there and try again with $1700 of it. if you lose, you still walk out with $1700 so its like you broke even. sorta. | hahaha... terrible lol
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03-30-2009, 02:04 AM
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#125 | My AFC gave me an ABS CEL code of LOL while at WOT!
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gambling in hopes of winning is stupid. this is why i don't gamble at all. losing money is not a good feeling to have. can't imagine dropping 1 or 2 grand and losing it all in 1 night in return for nothing.
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