Quote from: Lungyeh on April 05, 2020, 11:20:35 AM
I have wanted to say this for a long time but given the diatribe that can sometimes be off-putting, I have bitten my tongue for a long time.

What is a house edge of 5% when winning on banker and player having a lower percentage of winning.

Brothers all, for this small house edge, you have the privilege of deciding when you want to bet or if you want to bet at all. And you have the privilege of deciding how much you want to bet subject to the table and casino limits. You may want to bet $10 or $1000 the casino has to accept. That in all negates the house edge. Not to mention the freebies.

So what's the problem? If we lose its because we are not good in controlling ourselves. Period.

Yes, too much greed by the majority of the players that are winning or do win.

Almost all, not everyone but like I said almost all, they win and all they see is dollar signs and the continued win.  Betting larger and longer and then it's all gone. Time after time, week after week, month after month, year after year, that is all I see at the casinos.

I've tried to describe it in in detail on this forum. There is not one side that you cannot wager upon in the game of baccarat. There is nothing the winning side can do once you are placed with your decided upon wager, no matter what. You choose the winning as well as the losing side. You choose your outcome more than you realize at the table and usually without much thought that will benefit yourself. 

Here is what most do not understand, the statistics are made up of what hand was slightly more than the other side because of dealt cards you cannot control once your wager is placed. Statistics have nothing to do with each game in front of you for 50 or 200 or 500 or 1000 hands of play, those statistics in those test modules people publicize on the internet are for millions upon millions of hands if not hundreds of thousands of hands and no matter what, they will not transfer to the game that you're sitting at.

I find it almost comical, it is sad but it's comical to the point where greed kicks in caused by sheer stupidity, the same as winning larger wagers and falling into fallacy land that you finally found a proven and cannot fail betting niche.  Again, it's the financial markets where you have hundreds if not thousands of these fake firms prying on the innocent middle-class person that has a little bit of savings to get out of the US Dollar and into gold, silver, precious metals and stock, but the only problem with that is the money is going straight into the sellers pocket.

It's scam after scam after scam. The US government meaning the FBI,Securities and Exchange Commission, the IRS, the Secret Service and all kinds of agencies, hundreds if not thousands of complaints in cases that they're working and all of a sudden the last month or so the numbers doubling and quadrupling all involving Scare Tactics in the investment field of getting people out of the US dollar and into solid sssets such as gold-silver precious metals and so on.

The only problem is they are given the money to scam artists such as what they profile on some of these news shows, one a few years back that comes to mind is Spyker Investment corporation in Florida, a very well publicized case where they were selling gold and silver and precious metals and storing it in the United Kingdom but the money was never sent and nothing purchased, wasn't anything stored one day the phones were disconnected.  If you look it up it's under Spyker Investment, those are the type of cases that are being worked in droves now where everybody feels they are doing the right thing but they are going totally the wrong way with it.

What is even more comical is talked about so frequently on other gambling boards how people believe they're making money in Precious Metals and in the stock markets, let's hope they're not investing with fake firms.

https://www.complaintsboard.com/spyker-consulting-spyker-metals-spyker-precious-metals-manipulators-unethical-tactics-c290294

https://www.cnbc.com/id/48814569

You are correct. Good skill to gambling is ammunition to combat the variances that cannot be controlled by the gambler. Most gamblers problem is they fail to capitalize well on the opportunities that are presented to themselves, especially at the game I know well, which is Baccarat as I have extensively written about.

You touched on a good point and people like to combat that for the drama. The fact is that all of the mathematical results, it is not that they are incorrect, it is that they do not always consistently apply themselves to the table where the presentments are being made while you are playing.

Myself, H-Money and a couple of other people are sitting around in a closed restaurant, we have some movies, we have some widescreen TVs playing some YouTube clips and we came across the following one posted below.

Seeing that we are just kicking back, bullshittin, we got about three dozens fresh spring rolls out on a platter, we got some jalapeno peppers stuffed with cream cheese and mango and topped with mozzarella cheese, melted in the broiler. We got some ice cold beer and we're just watching stuff on YouTube and playing some movies all night. 

In light of what's going to happen to Vegas, which is, it'll never be the same and at least half of it will implode during this shut down crisis and if does not during this lockdown it certainly will after, because it will never be crowded for a long long time like what it has been for the past several decades. They will never ever recover, no matter what anyone says, that is all wishful thinking.

Watch this first clip. Going to put a link to it. You Have To Laugh!!!  If not, have a few beers and watch it again cuz it's absolutely fantastic classic Ron White.

https://youtube.com/watch?v=RpdJzBcjXfo

I would estimate that the total payroll weekly for the MGM operations would be roughly $62,500,000.00 dollars.  Taking the amount of employees that they have, the average salary paycheck per week and figuring some of the benefits that they have to float as well and the payroll taxes.

That's probably a good mean average of $60 to $80 million dollars a week.

Paid salaried employees are now turning into furloughed employees. Which basically means they'll keep most of their benefits but no pay checks, as they will or did when they were were just laid off.

In June sometime if this is not straightned out, all benefits will be canceled for virtually all of their employees as well. That will really be the breaking point for the casino, brick-and-mortar industry.

https://news3lv.com/amp/news/local/mgm-resorts-ceo-says-60000-employees-have-been-furloughed-in-cnbc-interview

https://www.theguardian.com/business/2020/mar/12/record-116m-uk-gambling-fine-meted-out-to-betway

https://amp.theguardian.com/society/2020/apr/02/uk-casino-company-caesars-entertainment-fined-record-13m

Actually, what you said a few years ago is exactly what happened to the strip today. I hereby award you an A+ in prediction.!

"I think we've turned conventional wisdom on its head today,"

https://www.spokesman.com/stories/2013/mar/05/asian-group-buys-site-of-stalled-vegas-casino/

Just what the Vegas Strip is going to want, a huge mega resort featuring Chinese food if they ever do open. 

If dreams can come true so can nightmares. Resorts World just might want to be thinking about if it was such a good choice in the very beginning:

"Resorts World President Scott Sibella, a veteran casino executive and former president and CEO of the MGM Grand, is no stranger to challenges. But Resorts World is the biggest and most expensive project he has worked on."

https://vegasinc.lasvegassun.com/business/gaming/2019/dec/09/resorts-world-president-this-will-be-a-property-li/

Some of the events that C19 is  bringing to the casino industry here in the USA:

https://www.nativebusinessmag.com/tribes-sue-commercial-insurers-to-cover-costs-of-business-disruption/

https://www.bloomberg.com/amp/news/articles/2020-04-01/in-shuttered-las-vegas-tropicana-is-sold-for-5-months-rent

https://www.pressofatlanticcity.com/news/casinos_tourism/nj-losing-millions-in-taxes-fees-from-closed-atlantic-city-casinos/article_0459d4cf-477a-533d-9d4b-3f3db6d2a41b.html

As most of the world already suspected:

https://www.businessinsider.com/us-intelligence-found-china-misrepresented-coronavirus-stats-report-2020-4

Paper thin rice paper wrap. It's pretty much a staple at most of the southeast restaurants and the takeout places they make different variations of it. Most of the larger cities.

I would never go back to fried egg rolls but of course half of my family is Southeast Asian and they normally go for the rice paper wraps anyway.

Can I please interject here and just give my opinion?

That is, it is beatable, but it can also beat you.

The highest majority, not all but the highest majority of all players will not capitalize on the opportunities that are being presented by the shoe and then when they do they are so convinced  that's how they can beat it

Then the Dominos fall for the rest of the shoe or the following shoe, if you get what I mean.

Hanging out.  Snack time!  Yes, it is good.

Super Fresh spring rolls we just made, avocado, shrimp and a little bit of spice inside of it!

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