Revisit this with my comments.  From B&M casinos, not from on-line which I do believe there are huge differences in the shoe presentments.  Anyway:

Quote from: AsymBacGuy on June 20, 2019, 11:18:51 PM
It was just a kind of joke, we know mathematicians can't beat the game and neither players using an empirical approach. Probably the answer is in the middle.

I won't give specific answers to my questions as nobody is interested on numbers. Just personal comments.

Question #1: it's very very rare to get three consecutive shoes without at least one natural 8/9 showing, especially if 8s and 9s are quite live in the actual portion of the deck. Since such side bet is payed 50:1 we have plenty of room to set up a progressive profitable betting.   (For example in three shoes last night 9/21/19 at a B&M Casino, one complete shoe, one half of a shoe and the third one about 3/4 of the shoe.  Asym, is exactly correct.  One shoe had 3 natural 8/9s presented.  One shoe had 2 and in a very short section of presented hands and the other none.  With the amount of hands as I mentioned.)  (I would say to wait for a bit for the 50:1 and if not appearing by hand 30-40 it is a pretty good side bet, IMO.)

#2: when we are on Banker showing 4 and the third card is a 9, of course we are in a very good shape unless player's initial cards shows zero. A missed bonus as the probability player has zero is 1:3.77 (5 is ignored as it forms a tie hand).
An excellent wasted probability that we won't find around the corner. If we were on Player we have no reasons to jump. (I would have to add 4 and 5 as well to that statement)

#3: the average number of player's 3+ streaks is, imo, one of the best tool to take advantage from. Remember that sh.it or fantastic situations tend to come out in clusters. (In lots of ways yes, but as an average, not as a definitive trigger)

#4: oh well, everybody reading my pages should teach me about this. Say we'll get at least 3 asym hands per shoe and it's very very unlikely to get more than 14. Do not fall in the trap to bet banker when the asym force went away. (I would say, if an average had to be named, IMO, 5-7 good ones)

#5: when 7s are particularly live at a EZ baccarat table, the best move is to bet player and the F-7 bet. You don't want to pay the banker's vig when a symmetrical hand is more likely to show up and to get a F-7 with live 7s, banker must get zero as initial point that is a non advantaged asym situation. (In a way, however, it appears to me a greater amount of F-7s are won with 3s, 4s and 6s rather than with 7s.  But i do not have worldwide stats on that and I do not believe no one would posses those stats.  Too many variables.  It does not only take an abundance of 7s in that case, it also takes an abundance of 10s as well as any otehr combination of 2 cards equaling 10 or zero for the third card of 7 to make it a F7 win) 

#6: Mathematically is relatively low but any Player standing point is favorite to win itlr. And do not forget the clustering effect: Glen wrote an interesting thread about this. (I forget which one I wrote, but Player seems to win more with standing on 6 than 7s.  Of course, if I could or would know the player would have a 7, I would wager on it every single time, just does not work out that way.)

#7: player gets a 42.07% probability to win just about 8.4% of the total hands dealt. Not that easy to get consecutive dog situations like that.

#8: it's quite easy to lose (or win depending on which side we were betting) even 12 or more hands in a row in such B favorite situation. Sometimes it seems that P helping 3s are concentrated on the possible player's third card. Again a kind of clustering effect.
Notice that when the P third card is a 3 only a B 5 or B 6 point are standing (asym situations).   

#9: it's a pretty good spot to bet P side and getting a 7 as we'll lose immediately just 19% of the situations (B naturals). Moreover Banker must stand on its 6s when facing a P standing; actually it should draw to get a better probability not to lose (a sort of mistake made by bac inventors, probably set up in order to limit the B advantage). In the remaining possibilities Banker can beat us only catching two cards out of all 13 probabilities. (Do not think about the only two cards to lose scenario.  Think about how many darn times you can only lose or tie by drawing one or two cards and that scenario happens, you draw the only one card to lose and everything else would have won or tied.  It happens and happens often.)  (in fact similar, last night out of 3 shoes, the amount of P or B hands reduced to zero or only one point, the other side (almost all of them where every one was betting) wither tied with a zero zero point value or lost by drawing a 10 or another card to reduce to one zero when the other side remain with a one point total.  Example: Player side had 10 and an Ace and Bankers side had 2 tens or face cards.  Players pull a third card of 10/0 value and Bankers pulls the same.  Players side no one is on wins 1 over 0.  Or Players side has a 4 total with first 2 cards and Bankers side has a 6 total and Players side pulls a 7 and Bankers side pulls a 4.)

#10: the probability to get a natural on either side is 34.2%, yet per every shoe dealt card distribution issues tend to deny a perfect balancement of such occurences.
A careful assessment of the consecutiveness of naturals falling on one side or the other one may help to spot the actual "card distribution" advantaged side. Especially when cards are not properly shuffled (that is almost always). (Seems that way at times, but that is one of the things/scenarios a player must be conscious of just as much and stay of conscious of that because it could not pan out or might very well continue with stronger and stronger occurrences rather than balancing out)

It would be a honor for me to work with you Lungyeh as well as with many other members here.


as.

Quote from: AsymBacGuy on September 20, 2019, 08:52:40 PM

I know at least a dozen of players making a living at this game and the common trait is they make very few bets. Some of them know a 0.1% of what me and you know about the game, yet they are long term winners. (Anything is possible, simpler is easier.  However, as you and most other know, I have written extensively about the casinos, the psych, the downfalls, the players mind frames and control, etc., etc.  Lots of things come into play and yet, very few of us realize what actually influence us in making decisions at the table.  One of the easiest and most successful betting selections in Bac is 3 and out.  Waiting for that 3rd repeat B or P and wagering for the cut.  If a person has a decent bank roll, he can snatch up so many 3 or even 4 and outs, than probably anything else, IMO at the Bac table.  But of course the person must be prepared to do a negative Marty for one or two or three or four additional bets.  Coming up across a 7 or 8 or 9 or 10 or 11 repeating B or P streak is usually not the case in every shoe.  Agreed?  However it does happen and if a person proceeds to do a negative Marty against same, it is easily a wipe out and hard and long to make up the loss.  Each of us play different and each of us have different experiences and thoughts on the game.)

Mathematically this move is sound. Since the game remains EV-, the probability to be ahead of something will be higher when betting very few hands, say that the best move is to wager everything only one time. (Yes fewer is better for the base win and a win of chips for a person to feel good about and play off of, but all that depends once again, on frame of mind, control, expectations and overall psych of the player.  Again, so much comes into play and contributes to the persons thought process, not just the bet selection.  We are all or at least most of us, influenced by numerous things at the table.  Easy to talk about here, harder at the table to apply it all and walk with small or initial winnings.)

If in this precise instant every bac player in the world will wager Banker, casinos will lose money as B>P even though Banker is payed less than 1:1. ( What do you mean paid less?  Are you referring to 5% commission?  If you are, not very hard to find an EZ Bac, or other commission free game any longer in most all casinos in the USA.  Some do not have that but across the street or down the street does.)

After this hypothetical hand, casinos will win money no matter what. (Depends on how long and how intense and what the persons goals are in playing.  The player (if this is what you are referring to) that plays relentlessly for the pot of gold each and every time, will lose far greater than what he will win if he plays long hours, every day, day in and day out, IMO.  There might be a very trivial few that can survive long hours at a casino each and every day, and win or at least break even on a long tern and a consistent everyday basis.  Again, IMO.)

Obviously if casinos will lose money, players will get something of it. (Please see the attached link.  Of course some will come on here and other boards, coping and pasting detailed defenses to what I am about to post, but no one knows the financial position of the players.  Some might have lost far greater than those wins and yet others, might be ahead of the game.  It depends on a persons wagering amounts and time played in comparison to your wins and losses.  Unfortunately for most all players, I DID NOT SAY ALL, I said most all, will wager larger and harder once they begin to lose a session and that is their downfall.  As well, the have almost zero management skills as to current and instant win money they happened to capitalize on).

LINK>>>    https://www.zerohedge.com/news/2017-07-28/wynn-resorts-macau-casino-books-staggering-black-swan-gambling-loss

And altogether obvious is the fact that the more we stay and play the better we are liked by casinos. (Yes, and that is the huge suck in and hold for most players, especially their first several years of playing.)

Ask the casinos if they would like to fade ten $20.000 wagers made on ten different occasions or if they'd like more ten $20k hands made on the same session. (It does not matter to the casino.  They account for it by the table min.  Most places, I SAID MOST, so people do not challenge, the average table min for a $20k wager is going to be $300 to $500.  Some casino properties might be different, but the average goes, $25/$50 to $5,000, $100 to $10k, $200 to $15k, $300/$500 to $20k/$25k off the street no front money table limits.  There are some properties that might vary, but that is the average). 


Mathematically it doesn't change their expectation. In practical terms this simple different approach means a lot.

as.

First Shoe up to where we stopped:

[attachimg=1]

Second shoe up to where we stopped:


[attachimg=2]

Third shoe up to where we stopped:

[attachimg=3]

And here is how we played them and sectioned them as the hands progressed.  Once again.  Sectioning is not a pre-thought and pre-scheduled procedure, you do it as the hands are presented and section off the events to eliminate the strong from the weak, seldom will the entire shoe (or at least the highest majority of time) stay the same.  Argue if you desire but it is true. 

I and those around me the majority of the time desire to play with the presentments rather than hoping for the cut on every hand wagered.  Do not misunderstand, if it is chopping or doubles, playing the opposite side is not a cut, it is playing with the shoe.  We win far greater amounts of wagers by following small sections and then waiting for the shoe to change and follow once again. 

[attachimg=4]

[attachimg=5]

[attachimg=6]

The ones that were silenced were the ones that were abusive, bringing issues that were not board related or infringing on O.P.'ers threads and causing drama.  They will blame it all on me, but they were the ones that desired control, content and rule of the board.  That behavior will seldom fly on any board, WoV, VMB, etc.  The four members I believe you are referring to are:  Mark/Gizmotron, Junket King-Lugi-Eaglelite, and the other 10 or so sock puppet and alias names, Xander, SoxFan and of course 21 Aces.  I do not believe there was anyone else. 

To the best of my knowledge they are all on another board that they control and say what they want including hatred posts to this board as well WoV, etc. So be it, it is a free world, this is a private business entity the same as a casino, you can be asked to leave and trespassed if the casino desires.  However, with that said, all anyone has to do to post and use this forum is follow the rules. 

And, I will publicly state.  Anyone is allowed back here and can post, as long as they follow the rules and do not cause drama, are respectful and do not bring other boards business here.  Like on GamblingForums where they devote threads to hatred, drama and chastising members of various other message boards.

But I will not have members that go on to threads of people posting with hatred, disrespect and literally and verbally driving the member into the wall with relentless and repetitive drive to grind the OP down because of conflicting beliefs, theories and experiences which is exactly what was happening on a daily basis with those 5 members I mentioned above.   

Thank you, Alrelax. 

Go ahead Mark, Go ahead Junkie, report Katt William to the Jews, to the FBI, to the ADL end of the Jews, to the KKK if they exist any longer to everyone.  He said kill, he said the N word, ROMAFL!  This dude tells it the way it is, absolutely brilliant, and he is an ebony masterpiece or a African American, whatever, but brilliant and truthful!

Right @ 0:39 to start, thanks!

https://www.youtube.com/watch?v=Htrjz6cFz1c

Please, when dealing with other members regarding funding, investments and gambling capital approaches:

0:54 to 3:25 (with a dedication about previous con scam artists that used to be on this board but still in forum land!):

https://www.youtube.com/watch?v=gLm5Sn1cMyQ

As well, we cannot forget the original one, loved by the scammers themselves, but reality, PLEASE:...........................


https://www.youtube.com/watch?v=_pIkkzDagsY

This was in my incoming Email this morning.

"XXXXXXXXXXXXXXX
to: Betselectionboard.Admin

This was posted many times on another forum and I was just wondering if you can shed any light on this statement,  The member posts the same thing all the time.  I would appreciate it and thanks,  XXXXXXXXXXXXXX.

"(He has confessed to engaging in criminal and dubious financial activity, kinda of hypocrisy, ironic, but hey that's glenda for ya.

Defo the head has fallen off the Triad enforcer and former hitman, obviously even he doesn't like himself) "

FYI, this is not the first time I received this type of Email relating to the below subject.  It seems as though a couple/few X-Members of this board are so infatuated with myself, they follow me, read everything I write and even complained to the Jewish Defense League about what they interpret is reality and not satire and Saturday Night Live type of entertainment.  "ADL is local, national and global. Our work encompasses schools to government agencies, small communities to the State of Israel, anti-terrorist to cyberhate task forces, local government to the halls of Congress."

Well I will address both. 

First of all, there is something called Freedom of Speech here in the USA along with satire, entertainment and as well, expression.  Here the Jews describe it perfectly on their website I looked at this morning.  There is nothing wrong with satire of all types and what you are addressing on any website you blame me for is exactly that.  Even on the ADL's website, it says exactly that, in regards to satire and entertainment.  Nothing more, you can claim whatever you want, big F***ing deal bro!  Where are the victims of hatred that were violently attacked with money I raised, where are the victims of discrimination that lost their jobs or never hired, where are the victims of murder I committed according to you, where are the people I extorted?  Etc., etc., etc., and so on and so forth.  Big F***ing lies, nothing less.  I publicly state, you give the largest and most gorgeous hand job ever to the internet community!

By the way, I guess you never studied history?  Research it and learn that the Jews were certainly a primary funding source of money that enabled the slave ships to operate in the first place, dickhead!  Without the Jews, slavery probably would not have been as bad as it was in the USA as well as Europe and other parts of the world!!  Jews were not only persecuted, but so many Jews enabled a whole lot of torture and torment of other people but that's another discussion, so stop thinking the Jews are your savior for somebody that simply ban you from an Internet site because of the way that you f****** act.!!   And if you don't like what I just said, please give them a copy of this and ask them to come after me.

Another thing, Jews including Rabbis and members of their families were some of the best customers (AKA: Tricks & Johns) that paid repeated and valued patronage to NYC brothels, ROMAFL!  At least while I was engaged in the business.  And without a doubt, I am sure they still do up to this very day.  I have nothing against the Jews, in fact, some are within my family on my dad's side, LOL. 

If you only knew what the hell you were talking about and had your facts straight, you might realized you stepped on you tail a bit there big guy.  You are nothing but a pee-on in no man's land.  Period, end of story.  File all the complaints you want, I have a free pass, I proffered and I was on the side of law enforcement in each and every thing I ever did.  Look up proffer and then you might realize a tad bit more there! 

By the way big boy, Al Goldstein, a JEW was a very good business friend of mine.  I did buy, control and resell the back page, which was the premier and most sought after ad positioning 2 spots, on the weekly issue of SCREW Newspaper for the NYC brothel, sex, adult business market for many years.  It is very well documented and very well known within the realm of all law enforcement members (detectives. Federal agents, prosecutors and U.S. Attorney's),that were  all part of numerous task forces for years to tackle the MOB, the Triads and numerous other influential criminal organizations that at the time (no longer existing now as all the commercialism of the NYC/NJ adult business went individual or to human traffickers (mostly Chinese), whom I was never involved with.  And yes, I did certain favors for the law enforcement community and I was allowed to exist with their blessing, approval and cooperation within the realm of the proffer sessions and agreements we did have at the time.

About Al Goldstein a JEW from Brooklyn and owner of SCREW Magazine that I controlled the back cover for Asian brothels for years.  So what is the problem?  What did I do wrong or illegal outside of my proffer agreements?  What?  That connection alone allowed me to operate with immunity within the adult community as long as I did not commit murder or violent crimes.  LOL, I proffered to it all with the law enforcement agencies involved.  In fact, they would use our places when they wanted to and staff them with their own hired females in order to gather the necessary evidence that they needed back in the late 80s and throughout the 90s. 

About Al Goldstein:  https://en.wikipedia.org/wiki/Al_Goldstein

About SCREW Magazine:  https://en.wikipedia.org/wiki/Screw_(magazine)

As far as murder and extortion and what you claim, you are so far off track it is ludicrous.  But yes, the Born The Kill, The Ghost Shadows and their Flying Dragons were involved with countless Asian women (business owners, house wifes and brothel owners) to launder their money obtained in their Triad ventures, etc.  That is where Atlantic City came into play dickhead! 

David Thai and the aftermath of David Thai was all over the NYC and New Jersey Asian adult business market.  The aftermath and followers of Thai that was really the brains and the balls behind the BTK Triad was huge.  It was eventually brought under control and just about eliminated or at least secluded and confined to minor fractions within Chinatown and numerous other Asian only sections of the northeast and other states metro areas only effecting the illegal business communities.  Which the latter will never be stopped, Asian or otherwise. 

Like you know more than the OCCB of the NYPD and the OCCB of the New Jersey State Police as well as the FBI, the Secret Service, the ATF and the numerous US Attorneys Offices, as well as numerous other agencies that tackled the five structures of the NYC area Asian Triads and had a round up and indictment of a number much larger than 350 top officials, officers and members of the Triads back in the middle 1990s. 

Grow the F*** up and learn something and do something worthwhile.  LOL.

And if you really want, I can google and post some links for the real black hatred websites that do exist and are really racist and operating, but allowed to post what they want because of freedom of speech.  There are tons of them and not offering satire, they are serious to the best of my knowledge.  Again not illegal.  Hey big guy, you can have a F***king field day by reporting them, here is one I just googled.  What are you waiting for, call the Jews to shut it down?!!!! http://niggermania.net/forum/forumdisplay.php?28-Nigger-Crime

Satire and entertainment is allowed, is not illegal and is no different than TV, comedians on stage and numerous other people in reality saying what they want about blacks, Asian, Latinos or any other nationality.  Again, grow the F**k up and do your online nonsense that means zip with your 7 columns of pure stuff that overflows like a chocolate milkshake in a blender that is about to blow up.  Seriously.

Archie Karas

Archie Karas
Nickname(s)   The Greek
Residence   Las Vegas, Nevada
Born   Anargyros Nicholas Karabourniotis
November 1, 1950 (age 68)[1]
Antypata, Greece
World Series of Poker
Bracelet(s)   None
Money finish(es)   7
Highest ITM
Main Event finish   None
World Poker Tour
Title(s)   None
Final table(s)   None
Money finish(es)   None

Anargyros Nicholas Karabourniotis (Ανάργυρος Καραβουρνιώτης, born November 1, 1950), commonly known as Archie Karas, is a Greek American gambler, high roller, poker player, and pool shark famous for the largest and longest documented winning streak in casino gambling history, simply known as The Run, when he drove to Las Vegas with $50 in December 1992 and then turned a $10,000 loan into more than $40 million by the beginning of 1995, only to lose it all later that year. Karas himself claims to have gambled with more money in casinos than anyone else in history and has often been compared to Nick the Greek, another high-stakes gambler of Greek origin.

Early life

Karas was born on November 1, 1950 in Antypata on the island of Cephalonia, Greece. He grew up in poverty and had to shoot marbles as a teenager to avoid going hungry. His father, Nickolas, was a construction worker who struggled financially.

Karas ran away from home at the age of 15 after, in a rage, his father threw a shovel at him, barely missing his head. He never saw his father again. Nickolas died four years later.

Karas worked as a waiter on a ship, making $60 a month until the ship arrived at Portland, Oregon. He would later move to Los Angeles, where he would gamble his bankroll up to $2,000,000 before losing it playing high-stakes poker.

Gambling Career

He worked at a Los Angeles restaurant, which was next to a bowling alley and a pool hall. There he honed his pool skills and eventually made more money playing pool than he did as a waiter. When his victims from the pool hall thinned out, he went to Los Angeles card rooms to play poker. Karas claims to have gone from broke to millionaire and back several times. Later, he became an astute poker player, building his bankroll to over $2,000,000. Professional poker players such as Chip Reese and Doyle Brunson, had played and considered Karas a weaker poker player often giving Karas handicaps to play. In December 1992, Karas had lost all but $50 playing high-stakes poker. Instead of reevaluating his situation and slowing down, he decided to go to Las Vegas in search of bigger games. The next three years would go down in legend as the greatest run in casino gambling history.

You've got to understand something. Money means nothing to me. I don't value it. I've had all the material things I could ever want. Everything. The things I want, money can't buy: health, freedom, love, happiness. I don't care about money, so I have no fear. I don't care if I lose it.

The Run

Karas' initial run lasted for six months when he drove to Las Vegas with $50 and turned a $10,000 loan into approximately $17 million playing poker and pool. It started in December 1992 when, after losing his entire bankroll, Karas drove to Vegas with his car and $50 in his wallet. After arriving at The Mirage, Karas recognized a fellow poker player from the Los Angeles scene and convinced him for a $10,000 loan. Karas quickly turned the loan into $30,000 playing $200/$400 limit Razz. Karas returned $20,000 to his backer, who was more than content.

With a little over $10,000 in his pocket, Karas went to a bar with a pool table adjacent from the Liberace Plaza on East Tropicana. There he found a wealthy and respected poker and pool player. Karas refused to reveal his name for the sake of his opponent's reputation; he simply referred to him as "Mr. X". They started playing 9-ball pool at $5,000 a game raising the stakes as games progressed. After Karas won several hundred thousand dollars, they raised the stakes to $40,000 a game. Many gamblers and professional poker players watched Archie play with stakes never seen before. Karas ended up winning $1,200,000. The two decided to play poker at Binion's Horseshoe where Karas won an additional $3,000,000 from Mr. X. Karas was willing to gamble everything he made and continued to raise the stakes to a level few dared to play at.

With a bankroll of $4 million, Karas gambled his bankroll up to $7 million after spending only three months in Vegas. By now, many poker players had heard of Mr. X's losses to Archie. Only the best players dared to challenge him. Karas sat at the Binion's Horseshoe's poker table with 5 of his 7 million dollars in front of him, waiting for any players willing to play for such stakes.

The first challenger was Stu Ungar, a three-time World Series of Poker champion widely regarded as one of the greatest Texas hold'em and gin rummy player of all time. Stu was backed by Lyle Berman, another professional poker player and business executive who co-founded Grand Casinos. Karas first beat Stu for $500,000 playing heads-up Razz. Karas then played Ungar in 7-card stud, which cost Ungar an additional $700,000. The next player was Chip Reese, widely regarded as the greatest cash game player. Reese claims that Karas beat him for more money than anyone else he ever played. After 25 games, Reese was down $2,022,000 playing $8,000/$16,000 limit.

Karas continued to beat many top players, from Puggy Pearson to Johnny Moss. Many top players would not play him simply because his stakes were too high. The only player to beat Karas in the first round during his run was Johnny Chan, who beat him for $900,000, though Chan did lose to Karas frequently, before and after the streak. By the end of his six-month-long winning streak, Karas had amassed more than $17 million. Karas said that Doyle Brunson was the only player able to win playing Razz during his winning streak.

The poker action for Karas mostly dried up due to his reputation and stakes. He turned to dice, for $100,000 per roll. Karas was allowed to make pass line and come bets of up to $300,000, but with no odds.[9] Jack Binion capped Karas' buy bets on the 4 and 10 at $100,000. At one point, Binion raised Karas' 4 and 10 buy bet limit to $200,000. Karas quickly won $920,000 under these conditions; then Binion immediately lowered the limit back to $100,000. Karas said that he could quickly win $3 million on dice, while it would take days to weeks with poker. Karas stated, "with each play I was making million-dollar decisions, I would have played even higher if they'd let me."

Transporting money became a hassle for Karas, as he had several million dollars in his car every day. He carried a gun with him at all times and would often have his brother and casino security guards escort him. At one point, Karas had won all of the Binion's casino's $5000 chips, the highest denomination at the time. By the end of his winning streak, he had won over $40 million.

Downfall

Karas's odds-defying two-and-a-half-year streak came to an end in 1995 when he lost most of his money in a period of three weeks. He lost $11 million playing dice and then lost the $2 million he won from Chip Reese back to him. Following these losses, he switched to baccarat and lost another $17 million, for a total of $30 million. With approximately $12 million left and needing a break from gambling, he returned to Greece. When he came back to Las Vegas, he went back to the Horseshoe, shooting dice and playing baccarat at $300,000 per bet, and in less than a month, lost all but his last million.

With his last million, he went to the Bicycle Club and played Johnny Chan in a $1,000,000 freezeout match. This time, Chan was backed by Lyle Berman, and they took turns playing Karas. He preferred playing both of them, instead of just Chan, as he felt Chan was the tougher opponent. Karas won and doubled his money, only to lose it all at dice and baccarat, betting at the highest limits, in just a few days.

Mini-streaks

Since he lost his $40 million, he has gone on a few smaller streaks. Less than a year later, he turned $40,000 into $1,000,000 at the Desert Inn. He then went back to the Horseshoe and won an additional $4 million before losing it all the next day.

A few years later, Karas went on another streak at the Gold Strike Casino, 32 miles outside Las Vegas. He went with $1,800 and lost $1,600 until he was down to just $200. Then after getting something to eat, he decided to gamble the rest of it. He shot dice and ran his $200 into $9,700 and then headed to Las Vegas. He stopped at Fitzgeralds Casino & Hotel and won another $36,000, betting $1,000 with $2,000 odds. He went back to Binion's and won another $300,000 at the Horseshoe and by the third day, had won a total of $980,000 from a low of $200.

Personal life

Karas currently resides in Las Vegas. His family lives in Greece. Karas stays in touch with his family by phone, and tries to travel back to Greece at least once per year. He brought his mother, Mariana, to Las Vegas for six-month visits when he was on his winning streak.

Karas's story was documented in Cigar Aficionado by American author Michael Konik and also was featured, along with Stu Ungar, in an E! documentary special called THS Investigates: Vegas Winners & Losers. Konik also wrote an article about Karas which was featured in a book about Las Vegas gamblers called The Man With the $100,000 Breasts.

He was interviewed, along with poker player Tony G, by Tiffany Michelle during the 2008 World Series of Poker.[16] He was also a featured player on ESPN's coverage of the 2008 WSOP.

Cheating

Karas was arrested on September 24, 2013 after being caught marking cards at a San Diego casino's blackjack table by the Barona Gaming Commission. He was arrested at his Las Vegas home and extradited to San Diego to face charges of burglary, winning by fraudulent means and cheating. He was found guilty and sentenced to three years probation.

https://www.youtube.com/watch?v=UP_3BsEl9o8

Without engaging with you, at least in baccarat (similar to the Black/Red comparison) in my experience really bad sessions/downturns/losing streaks, etc., are usually followed by 'better' presentments which are easier if you can hold your same frame-of-mind with your bet selections and recoup or at least come close to recouping.  Moving/Playing past recouping and profiting is extremely difficult to capitalize on due to emotions, psych and financial concerns for most all players, again IMO. 

Huge problem being, is the player's frame of mind and his ability to recognize the presentments and capitalize on them so close to the emotional and financial drain that just happened.

But as you said, there is, let us say, a good opportunity that will resurface after the bad patch subsides.   

Again, in my experience I state the above.

https://www.bloomberg.com/news/articles/2019-09-11/the-24-billion-online-casino-boom-china-is-struggling-to-halt

Bloomberg BusinessweekSign InSubscribe
The $24 Billion Online Casino Boom China Is Struggling to Halt
The Communist Party is hard-pressed to stop the spread of digital gambling in Asia.

It's 6:30 on a Monday morning in China, and the Guangdong Club online gambling platform is humming as a stream of wagers placed in Chinese yuan flows through the portal. The club, which lists its place of registration as Costa Rica, hosts operators offering hundreds of sessions for such popular games as baccarat and blackjack, lotteries, and sports betting, many of them in Chinese. A single baccarat table can draw betting volumes touching 75,000 yuan ($10,500) in a 30-second game.

This is gambling with a digital twist, and it allows Chinese to bet without traveling to Macau or Las Vegas. It's also a growing problem for China's Communist Party, which says, "the transactions are draining hundreds of millions of yuan from the country. Beijing views betting as a vice that fuels social unrest, and Chinese law prohibits gambling on the mainland" including online. But the anonymity the internet affords has Chinese bettors flocking to digital gaming halls. They're fueling growth in Asia's online gambling sector, which is expected to reach $24 billion in sales this year, according to market researcher Technavio.

Beijing has begun lobbying jurisdictions that permit online gambling, including the Philippines and Cambodia, to shut down the industry, an ambition made more urgent as China's economy slows and it grapples with an escalating trade war with the U.S. Yet stopping the businesses is proving difficult, because there is little incentive for these countries to hamper a lucrative industry. "It's become a cross-border business, and it's very difficult for China to prosecute", says David Lee, a partner at Taipei-based law firm Lin & Partners.

Value of Online Gambling Market, Estimates and Projections

Data: Technavio

The Guangdong Club hosts virtual casinos operating out of Cambodia as well as others licensed in the Philippines, countries where gambling sites catering to international players are permitted. Costa Rica, where the club's website says it's registered, doesn't have an industry regulator or laws banning online casinos that provide gambling services overseas. The Guangdong Club didn't respond to emailed requests for comment, and its website lists no phone numbers. "Many online gaming companies operate under the radar", says Ben Lee, a Macau-based managing partner at Asian gaming consultant IGamiX. "There are so many of them. It's like China's trying to whack a mole."

The Chinese government has tied a number of problems to online gambling, including telecommunication fraud and citizens being lured to work illegally in the Philippines. The websites allow wagers of as little as 10 yuan, making them within reach of lower-income bettors. Online gaming halls also threaten to lure bettors away from Macau, the only city under Chinese control where casinos are allowed (though online gambling is still prohibited). The Guangdong Club has a logo that resembles that of a Macau junket operator called Guangdong Group, but the Macau company says it has no relationship with the online platform.

Gamblers on the Guangdong Club platform can deposit money and receive their winnings via accounts at several Chinese banks, including some of the country's largest, such as Bank of China Ltd. and Industrial & Commercial Bank of China Ltd., according to the club's website. The banks declined to comment.

Many platforms also allow gamblers to use popular online payment systems from Tencent Holdings Ltd. and billionaire Jack Ma's Ant Financial Services Group. The payment systems have been willing to talk about how they're helping the government's effort to curb online gambling. In recent weeks, some virtual operators have warned gamblers that Tencent's WeChat app and Ant Financial's Alipay have tightened controls. In a statement, Tencent said it takes measures to help identify transactional risks and act against those attempting to use its system for illegal gambling. Ant Financial says it uses an AI-powered risk engine to intercept suspicious transactions and has zero tolerance for online gambling. When a merchant is confirmed to be engaged in gambling, Alipay limits its ability to collect payment, stops working with it, and reports the case to police.

China is winning some concessions from its neighbors. In response to pressure from Beijing, Cambodia has said it won?t issue any new online gambling licenses and won't renew existing ones when they expire.

Most of China's pushback has been directed at the Philippines, where online betting sites have contributed to a small economic boom. Following China's calls for a crackdown, the Philippines has said it will stop accepting applications for new licenses at least until the end of the year. That's short of the full ban China wants to see. President Xi Jinping brought up online gambling in August when he met Philippine President Rodrigo Duterte, who?s since rejected the call for a ban. The Philippines isn't interested in drastic steps that will have an adverse effect on the economy and will instead regulate the sector, Chito Sta. Romana, the Philippine ambassador to China, said in a Bloomberg TV interview on Aug. 30.

Meanwhile, work continues in Manila on two multimillion-dollar online casino hubs intended to house operations and workers. "We are legal, we ensure fair play," Andrea Domingo, head of the Philippine gaming agency, said in a recent speech at an industry event, adding that online casinos "are here to stay." With Siegfrid Alegado, Lulu Yilun Chen, and Jun Luo

BOTTOM LINE - China says online gambling is draining hundreds of millions of yuan from the country. But it's finding it hard to stop websites registered and operated abroad.

The Gambler's Choice 1944 Classic Movie B&W Full Version Enjoy!


https://www.youtube.com/watch?v=FtfuADOGsgc


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Well, took part of the day off yesterday for a break with the 9-11 memorials.  Participated in the remembrance of all the emergency workers and civilians that perished that horrible day, 18 years ago.  Finished late around 10:00 PM or so.  Myself and H-Money went out to eat and then decided to go to the casino on the way to drop him off, before my ride home.

We got there around 1:00 AM.  Previous shoe was just ending.  H-Money buys in with $1,500.00.  He places $200.00 on the Banker first hand, wins and turns to me, I cut the shoe you seen that right?  I told him, slow down and play what you see.  So he tells me he is going to wager for doubles.  He wins the first 2 Bankers and then wins the following first 2 Players.  He flat bets the $200.00.  He follows his word and losses the 3 third repeating Player as he wagered for the cut to the Banker.  He then wagers for the second repeating Banker and losses that as well.  After the first Player which was a natural, another ball game game enters the picture. 

He said to me, the first hands were all naturals so far and I am sticking with the Player.  So, he wagers another $200.00 and wins the first Player.  Then I told him to do a (1 + 4 Side Parlay) that is my favorite when things get strong no matter the shoe presentments, etc., and he listened to me.  He wagered the same $200.00 on the Player and told me he was doing the (1 + 4 Side Parlay) as well.

Please Note:  I have written about my (1 +4 Side Parlay) wagers.  While I do not religiously wager consecutively with the Side Parlay Wager (normally skipping numerous hands being wagered with the other flat wager or positive progression, etc.,) I endorsed H-Money's ideology about doing the Side Parlay Wager repetitively as well because the Player side was so strong, etc.  So the old saying, when it is there and being presented, capitalize on it.   

He won the next four hands with an incredibly strong Player presentment each time.  No matter what the Player had, even 2 monkeys and the Banker have a 7, the Player would pull an 8 or a 9.  Another one was the Player having one and the Banker having a 7.  The Player pulls a 7.  The tie was a natural 9 tie as well.  So, he flat bets the $200.00 he was sticking with, shooting for a thousand to $1,500.00 profit and swore to walk away if reached.  He won every (1 + 4 Side Parlay) wager he made on top of the flat bet of $200.00.  So on the 5th hand he is clearing $3,000.00 extra on the (1 + 4 Side Parlay) wager.  He goes to a $400.00 wager and stops the (1 + 4 Side Parlay) wagering.  He wins the 6th and the 7th hands as well.  He sticks with the $400.00 flat bet and goes in with another $400.00 to start the (1 + 4 Side Parlaying) once again for the 8th hand.  The tie comes out, Natural 9-9 Tie.  He sticks with the same exact bet he had, while all the rest of the table is verbally citing, Banker strong and Tie Cuts, etc., etc.  He wins the 9th hand and is hyped up big time.  Now, the whole table was with their pure statistical garbage about no way for the streak to continue and Banker has to come out and time to cut again.  Almost every hand, everyone was wagering for that damned cut!  Almost no more over powering the shoe where all players group up and just smack the casino on those types of runs or even long chops (types of trends or patterns does not matter, just anything repeating itself with strong repetitive occurrence hand after hand).  But it is turning into a game of, that guy can not keep winning or it just has to cut, type of thinking hand after hand after hand.

H-Money leaves the wager out there and wins the next 3 hands as well, the 10th, 11th and 12th hands with the $400.00 out there as a flat bet as well as the (1 + 4 Side Parlay) he started again.  He wins them all for another $6,000.00 profit once he completed the 12th hand.   

So he completed 2 (1 + 4 Side Parlays) and his numerous flat bet wagers before it finally cut to Banker.  Cashed out and walked away.  We went back after about 15 hands or so after doing what we had to do.  It was all 1s and 2s.  People were winning one and losing 2 or winning 2 and then losing 2, etc. 

The bottom line, anything can happen at anytime.  But the easiest thing to smack the casino is to jump on and and stick with anything that is strong no matter what type of presentment trending that is.



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Pictures from last night to honor the fallen members of my family on 9-11-2001.  Flags represented special meaning that were either on their caskets or in memorial that hung in my family members NYFD Station House. 

"Some gave everything and yet others gave their own life's to help other firefighters get out alive as well as civilians".

Some make fun of this stuff and yet others pick it apart for the political drama of it, but when you lose family members that were doing their job, all the media and picking apart by bystanders sucks!  Thank God some really do understand.  My little boy asked me the other day, "Daddy, why did people from our family go running into that building that was going to fall down and kill everyone"?

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We put up the flag on the front of the truck and also the NYC Flag up top.  A uniform was put out to symbolize the fallen members of the service that gave their lives. 

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