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#46
General Discussion / casino safety deposit boxes
June 02, 2023, 10:15:22 PM
Maybe casino safety deposit boxes are really not that "safe"



https://forumserver.twoplustwo.com/29/news-views-gossip/missing-funds-bellagio-box-1822917/
#47
Good article on how vegas casinos are screwing their customers....and most visitors don't realize it......they just go to vegas to have a good time.

I wonder how long it will go on before customers start to get tired about getting ripped off and will stop going to vegas.

If the Journal paywall shoe up, just click on the X button in the right hand corner and the article will appear.


https://www.wsj.com/articles/why-youre-losing-more-to-casinos-on-the-las-vegas-strip-73f6f3ab
#48
KungFuBac / Re: 7 Biggest Baccarat Legends
May 16, 2023, 03:19:40 PM
It is really a miracle that Doyle Brunson live to be 89 years old.

1. He was seriously overweight for most of his life.
2. He smoked cigarettes
3. He ate mostly buffet and casino food loaded with sodium, grease and cholesterol for most of his life
4. He never exercised and spent most of his life sitting down at a poker table
5. He inhaled tons of second hand smoke when he played poker..... almost everyone smoked during most of his early playing days.
6. He lived the most high stress life possible by playing no limit poker while at the same time trying to financially support his family........where one bad run of cards would wipe out your entire bankroll and your family had no money to pay the rent or buy food.
7. He avoided getting robbed or killed during the 1950's and 1960's when he played mostly in underground gambling rooms in people's basements.

Truly an amazing life....would make a great movie.

Also was a real gentleman ...which was rare in the poker world.

Requiem En Pace



#49
The video above is very helpful.........but I suggest you google search the terms             "stop hunting"  and " high frequency trading" if you plan on investing or speculating in the stock, future, or forex markets.

Basically the markets are just like a casino with ultra fast high speed computers and algorithms (algos) making hundreds or even thousands of trades a minute trying to scalp a few ticks a second which comes out to multi millions of dollars a year in profits, all at the expense of the retail trader.....known publicly by the industry as the "retail trade" but privately as  "unintelligent money"

In the very long run, prices of securities will eventually reflect their intrinsic value...but in the short run, you are trading against a super computer which has no correlation to the actual value of the security you are trading.
#50
Actually how incredible this definition applies to a former US president.......and the danger it implies.

What are the symptoms of narcissistic personality disorder?

Sense of self-importance.
Preoccupation with power, beauty, or success.
Entitled.
Can only be around people who are important or special.
Interpersonally exploitative for their own gain.
Arrogant.
Lack empathy.
Must be admired.
#51
I disagree with the above posts........most gamblers have a very sophisticated money management methodology which is......

"I am going to keep on playing until I lose all my money"
#53
General Discussion / Re: crypto
March 08, 2023, 11:20:50 PM

Major crypto bank calling it quits.......hopefully everyone will get their funds back.

https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html
#54
General Discussion / interesting web site
March 02, 2023, 11:50:46 PM
Not sure if I am  allowed to post a web site, so delete this post if its not allowed.

1. This is not my web site
2. I do not receive any commissions for referrals to the site.
3. I do not know and have never met the individual who owns
    this web site,
4. I found to link to the site from a Las Vegas newsletter I receive.

Maybe some of you already know about the site.....may be  of interest to some of you.

https://plusevanalytics.wordpress.com/
#55
Quote"But IMO and decades of B&M play, there are a heck of a lot more player clumping/streaks in the beginning as well as chop or 1s and 2s."        From post # 4 above


For me, the most important statistic in baccarat is that "approximately, in the long run"  88% of baccarat hands will be comprised of runs or 3 or less in each shoe
  I repeat again, that's in the long run....lots of chops, 1-2'2    2-2's    3-3's
1-3's  2-3's    etc etc etc
#56
General Discussion / Re: crypto
January 22, 2023, 08:22:39 PM
#57
KungFuBac / Re: WELCOME
January 14, 2023, 04:26:09 PM
I think if you have developed a bac method which can turn a negative -1.2 expectation in bac to a positive expectation of about  1.5 % or 2%, or can generate a 1.5 to 2 unit win per shoe over a very large sample size, then I would use a simple conservative          % of bankroll method to bet....such as start  betting 2 % of a $ 1,000 bankroll which is   
$ 20 and just keep betting 2% as your bankroll grows........after about 50 or more shoes your will be betting $150 to $ 200  a hand

And eventually you will be betting $ 500 to $ 1000 a hand,,,,assuming you don't get banned because the casino will assume you are cheating.......this of course is similar to compound interest which a bank offers, the money grows very, very fast after a large amount of shoes have been played.... unfortunately, of course the problem is developing the methodology which gives you the advantage....and good luck doing that.
#58
General Discussion / Re: crypto
December 26, 2022, 04:35:46 PM
Two FTX insider employees flipped and will testify against Bankman......so he will never get acquitted........he will make a plea deal and hope he only gets 10 years at a     
 white collar prison.

I only wonder how much money he has rat holed away in Switzerland, the Cayman Islands, or buried in his back yard etc etc etc.
#59
General Discussion / Re: crypto
December 25, 2022, 11:49:53 PM
#60
General Discussion / Re: crypto
November 13, 2022, 05:28:23 PM
Gee whiz......some people would actually try to steal money......I find this hard to believe!!

https://www.cnbc.com/2022/11/12/ftx-says-it-is-investigating-unauthorized-transactions.html