[Robustus]

Originally Posted by dynimagelv

He's not local.......not Local equals fair game he he he


ZIP Code
64086

Heh.... Cool.

[tonetls]

This thread jacks my world view a little, honestly. I though that most people in Vegas (at least locals) understood that the house has an unbeatable long-term mathematical edge, and viewed playing these games purely as entertainment. I guess that's, sadly, not the case.[/quote]



I was only asking a question and didn't need to be slammed. Yes I know the house wins in the long run but you can make $50 in an hour playing BJ as I do it regularly here in MO for my income. Hit and run is the key to winning and don't get greedy.You must have a win/stop and a loss/stop and play basic strategy along with a betting pattern and good money management. You must treat it as a business and not just entertainment.
I was just wondering if anyone else has success in playing. I am not a local as this thread pointed out but I lived in Vegas 10 years ago and am moving back there. With that being said....You Can Earn A living Playing BJ.

[mojavedxer]

Originally Posted by Robustus

I guess there are some caveats on roulette:
1) In the past, people have found and exploited biased (ie, broken) roulette wheels. This typically involves taking notes on thousands of spins and analyzing the statistical outcomes. It's hard to imagine there'd still be biased wheels in play anywhere in this country, though, with today's tech.

2) You can beat roulette with a computer. Claude Shannon did this decades ago (google him - pretty interesting). Basically, you can get some probability that the ball is going to land in a certain quadrant of the wheel by calculating it's velocity and then making your bet AFTER you get that data-point. Since the ball always drops at the same velocity, you just need to grab it's velocity and position wrt the wheel once, make your calcs (via a computer), and then make your bet accordingly. I think I recall reading that Shannon's edge was in excess of 25%. Booya.

Thats why a good dealer constanly changes the speed of the wheel and using different pills.

Every game is beatable either through observation in the flaws of game protection or verbal wordplay to confuse the dealers. Both will get you backed off the game if detected.

[irishspy]

Isn't the trick to it is win a certain amount each day and leave the casino. Small bites such as $50.00 to $100.00 a day. I do not believe making a living gambling is possible but some suppliment to ones income is possible especially playing cards with the amount of tourist playing? Are there any retired people who help suppliment their income doing this?

[Fastrudy]

Long term, No. However, If you start with $100 and you are betting $5 on a number per spin and your number comes up after you have lost $50, you will now have $280. Leave now and you have made money on roulette. Many people forget the 'leave now' part and proceed to lose it all.

[tom_c]

Originally Posted by jjameson922

As a local, you'd be wiped out entirely if you get into them. So many sad stories abound. Unless you play poker, we learn to stay out of the casinos.

The only machine I've ever even broke even on was the one that said ATM

Even then it cost three bucks to play

< 'course I'm foolin' >

[JonathanLB]

I definitely wouldn't mind trying to make a few extra bucks off the tourists playing Hold Em, but even then bankroll management is the key. I'd probably play once a week, risk $200 at a NL table like the $1-2 that the Mirage has or something along those lines, at least starting out, and then see how it goes. I admit I'm better at tournament poker, though, so it may be fun to play a $40 or $80 buy-in tournament once or twice a week, and over the long haul you have fun and make a few bucks.

The rest of the gambling is for the birds, though, screw that. It's not fun enough to justify the waste of money.

I love the Las Vegas attitude, it makes me laugh so hard, because it's awesome -- let the stupid tourists pay for our taxes. I was laughing so hard at Robustus's comment.

And as for tonetls, dude, seriously you need to study more. You're going to get yourself in trouble if you actually think you can make a living at a game that is rigged to make the house win. Not a good idea.

[fremontfred]

Originally Posted by tonetls

I was only asking a question and didn't need to be slammed. Yes I know the house wins in the long run but you can make $50 in an hour playing BJ as I do it regularly here in MO for my income. Hit and run is the key to winning and don't get greedy.You must have a win/stop and a loss/stop and play basic strategy along with a betting pattern and good money management. You must treat it as a business and not just entertainment.

You should be thankful that you are being slammed online where there is no money involved instead of being slammed for your last remaining dollars at the casino. Your view on casino gambling is completely misguided and I am always amazed when I find people who can't comprehend basic statistics. Are you still in school? Did you drop out at some point?

Hit and run is not the key to winning. It makes no difference at all. If you win today and quit ahead and then return tomorrow to play, how is that any different than if you had played a longer session today? You may as well view all of your gambling sessions over your entire lifetime as one single long session because as far as the odds are concerned, it is. You are fooling yourself if you believe differently.

There are no such things as betting patterns or systems. Every individual bet has a fixed house edge. In 3/2 blackjack it is around 2%, in roulette every spin has about a 5% house edge. It makes no difference if you double your bet after a loss or reduce your bet after a big win. Each time the cards are dealt or the wheel is spun is an independent event with no statistical relevance to anything that happened before. Betting the same amount each time is will result in the same expected return as increasing and decreasing your bets in a consistent amount.

Treat it as a business and not entertainment? Please tell me you are kidding. Gambling is entertainment and like any other form of entertainment you have to pay for it. You can win, but the likelihood that you will finish with more than you started with decreases with each additional bet that you make.

Please read &spades;The Ten Commandments of Gambling - The Wizard of Odds and get a clue before you end up on welfare or jumping from the Cosmo after you lose everything.

Originally Posted by JonathanLB

I admit I'm better at tournament poker, though, so it may be fun to play a $40 or $80 buy-in tournament once or twice a week, and over the long haul you have fun and make a few bucks.

Most of the tournaments that cost under $100 to enter have such a high house vig that they are unbeatable in the long term even by professionals.

[jfkIII]

Playing BJ for a living????? No way.

Now, giving BJ for a living....a whole 'nother story...just not in Clark County!

[Robustus]

Originally Posted by tonetls

I was only asking a question and didn't need to be slammed. Yes I know the house wins in the long run but you can make $50 in an hour playing BJ as I do it regularly here in MO for my income. Hit and run is the key to winning and don't get greedy.You must have a win/stop and a loss/stop and play basic strategy along with a betting pattern and good money management. You must treat it as a business and not just entertainment.
I was just wondering if anyone else has success in playing. I am not a local as this thread pointed out but I lived in Vegas 10 years ago and am moving back there. With that being said....You Can Earn A living Playing BJ.

You DEFINITELY did (and apparently still do) need to be slammed. You're concepts surrounding gambling are idiotic at best, and you're considering acting on them! Now go read fremontfred's post again - he said everything I was going to say (except he was a little nicer than I was going to be. :-) ).