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Old 07-12-2020, 12:21 PM
 
4,718 posts, read 2,350,543 times
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Quote:
Originally Posted by don6170 View Post
Unless the wheel was defective, he got very lucky. That is the reason they have added the displays that show the last ~20 spins. Someone will see that Red has hit four times in a row, so they bet on Black. Unfortunately, they don't remember that "The ball doesn't remember where it has been".
He thinks it was somehow unbalanced, which was why they closed it down. He was an actuary (so am I) so he would have understood that the result of each spin would be completely independent of whatever happened before, but must have made enough observations to know something was wrong with the wheel.
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Old 07-12-2020, 06:38 PM
 
13,266 posts, read 15,876,945 times
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Quote:
Originally Posted by SirDrums View Post
A few years agao I was watching a craps table. Saw this guy walk up and put down 5k. 5 min later it was gone.

Then he walk ups to the ATM and withdraws another 5k. Its gone soon after as well. He does this 4 times. Never blinks an eye. Never spoke a word, when he was done, he just casually walks away.

I was shocked.
I played roulette 15 yrs ago with a guy that lost $90,000 in less than 2 hours. Max bets every spin
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Old 07-12-2020, 06:40 PM
 
13,266 posts, read 15,876,945 times
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Quote:
Originally Posted by caco54 View Post
I do some work for one of the top addiction centers in America . The most difficult addiction is gambling as it is the only one where you can WIN. Can't win from drugs or booze but that
Next race, hand of cards, etc you can win. Only addiction with a plus side.
My grandfather was an alcoholic. He was sober the last 40 years of his life and loved to say at least he wasn't a gambler. Alcohol eventually shuts you down, but you could gamble all night long...............

Last edited by City Guy997S; 07-12-2020 at 06:50 PM..
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Old 07-12-2020, 06:50 PM
 
13,266 posts, read 15,876,945 times
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Quote:
Originally Posted by Lodestar View Post
I had a friend who had a gambling addiction. No matter where she said we were going somehow we always ended up at a casino. A couple times of that and I didn't accept invitations with her anymore.

When I had spent what little I cared to spend I wandered around asking people whether they were "up" or "down." The casino must have been giving money away that day. Everyone I asked was "up."

Her life became a daily scramble to drum up gambling money and launder it to keep her expenses hidden. The lies and schemes were crazy and I didn't want to be a part of it.

I thought it was bad, but as is usual with addictions, an observer is usually only seeing the tip of the iceberg. Within about four years they had declared bankruptcy.
My buddy got a work injury settlement and was deep into gambling...........couldn't work so what else can he do? He'd text a $1500 win but never mention the losses. I didn't get it, I went with him one night (but took my own car so I could leave when I wanted). He won 4000 credits (penny machine)...........thats $40.

I won $200 on a $20 slot machine and cashed out within 5 mins. I asked if he wanted to go to the strip club next door (he said that was a waste of money). I ended up leaving with the exact amount I left home with. I stunk like cigarettes (I don't smoke) and never went to a casino with him again.

I don't hear much about gambling anymore...........I'd guess he smoked through his settlement.
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Old 07-13-2020, 10:42 PM
 
255 posts, read 371,155 times
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Personally, I like the blackjack table ($3-5), I'm no expert but I can usually sit for an hour or two and socialize with other players and mostly play with the houses money. Of course, I have no delusions of getting rich doing it
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Old 07-14-2020, 05:10 AM
 
Location: Henderson, NV
7,059 posts, read 7,457,634 times
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Nah, I don’t know anyone personally like that thankfully. The worst I ever did was just a stupid mistake not a painful one. I was too drunk to be gambling frankly, way too drunk, and I had $200 playing a game I didn’t even understand just because I was curious. I managed to lose the money in short order, then headed back to my room. Really stupid but I’ve wasted $200 in probably dumber ways with ill advised purchases. It was still idiotic. I don’t like gambling, I play Texas Hold ‘Em when I can and I’ve won a good deal of money compared to what I’ve invested but it’s a game of skill not chance so I don’t mind that. Just have to beat the other players solidly enough to make up for the house rake.
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Old 07-17-2020, 11:30 PM
 
772 posts, read 354,937 times
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Quote:
Originally Posted by jimmybirdie View Post
Personally I avoid all people who gambles excessively including family members. They have nothing to add to your life. These are very broken people.
The same can be said about those who never take risks.


Stay away...
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Old 07-21-2020, 09:56 AM
 
4,764 posts, read 3,708,125 times
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Quote:
Originally Posted by JonathanLB View Post
Nah, I don’t know anyone personally like that thankfully. The worst I ever did was just a stupid mistake not a painful one. I was too drunk to be gambling frankly, way too drunk, and I had $200 playing a game I didn’t even understand just because I was curious. I managed to lose the money in short order, then headed back to my room. Really stupid but I’ve wasted $200 in probably dumber ways with ill advised purchases. It was still idiotic. I don’t like gambling, I play Texas Hold ‘Em when I can and I’ve won a good deal of money compared to what I’ve invested but it’s a game of skill not chance so I don’t mind that. Just have to beat the other players solidly enough to make up for the house rake.
Texas Hold'Em is what I play as well. There's downswings in poker as well, but you can typically lose money a bit slower playing poker than tapping a button on a slot machine.
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Old 08-17-2020, 10:11 AM
 
Location: Texas
13,494 posts, read 6,312,789 times
Reputation: 25940
Quote:
Originally Posted by santafe400 View Post
I've met folks who've gambled everything from their monthly rent to their family inheritance, from their students loans to modest lottery winnngs and lost everything after just one or two nights of "having fun" and "feeling lucky" in the casino.

Anyone else know of anyone who gambled away their money and LOST big time?
Yes, I know lots of people who joined MLMs (which is basically gambling) and lost big money. Not much different than someone who went to the casino a few times and blew their life savings.
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Old 08-19-2020, 07:51 AM
 
6,318 posts, read 4,853,006 times
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Not a horror story but I know a boat captain who is often hired by wealthy boat owners to run their boat during marlin tournaments on his island as he is known to be the guy. The captain gets a share of the winnings including the calcutta which is usually hundreds of thousands of dollars. His boat won a big tournament and his share was just under a hundred thousand dollars, probably more than he'd ever made in a year. He immediately chartered a plane and he and his buddies flew to another nearby island that has a casino and they flew back hungover the next day having spent every penny. He said he'd do it again.
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