My working theory is; everyone lies on the internet.
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My working theory is; everyone lies on the internet.
One correction Red---I don't think he had lost 400K. I think he lost 401K.
No, I don't have anyone blocked.
Dietz asks for my insight on claims and transcripts.
My understanding is as follows...
Rob claims to have played professionally from 2000-2009,
deploying certain strategies that he developed, and won about $100K each year.
Arci, having publicly called Rob's claims lies, evidently challenged him to prove those claims.
The mutually agreed-upon conditions of the challenge, were for arci to first provide his own tax returns for the years 2000-2009,
and then Rob would follow up and provide the same...whereby these returns would ostensibly prove or disprove the claims.
Arci has yet to provide any returns for those years, so the conditions of the challenge have not been met.
Rob's claims have not been proven or disproven....but that doesn't make him a liar as far as I can tell.
Of course, as slingshot points out below, tax returns are not proof of net wins or losses, since one could enter W2G wins,
and pay the tax on those wins, without writing off any losses against the wins.
The only transcripts that I'm aware of are from 2011-2014.
Arci's transcripts from 2011-2014 are not germane, they have nothing to do with Rob's claims.
Since one of the protagonists has taken his ball and gone home, we'll never know the truth. At least one guy had the balls to present his numbers, good or bad.
So have you...almost $1.39 million in W2Gs and still booked a loss for the year?
I understand that Alan Mendelson has a reputation beyond repute, but $26K+ a week for a year and still lost?...outstanding!
Shall I take the arcimede$ approach and call you a liar?..demand proof?...perhaps a challenge?
"Extraordinary claims require extraordinary proof" is a phrase often applied to paranormal claims. Usually this is said because a priori probabilities are considered, and the odds are perceived as being enormously against the extraordinary claim. In Rob's case, since we have no report or estimation from him regarding number of hands played, and since almost all of his reports involve large wins, there is really no way to estimate any probabilities.
Rob always studiously avoided saying how long he played at what hands per hour. He always avoided reporting number of hours. In fact, he studiously avoided all such details. I think what he failed to report or discuss tells us more than what he did report.
I was playing $5 9/5 Double Double Bonus at Rincon + craps at Caesars. The total for W2Gs for the year was $1.29-million and on my tax return I reported additional wins and then deducted my losses. Yes, I lost on the year. I also hit two progressive royals at Rincon that year, both for about $36,000. Every four of a kind at $5 DDB generates a W2G. There were days/nights I'd come home with 8-15 W2Gs.
Edited to add: But... you could call me a liar and say I really won a million dollars and that would make me a better video poker player than your idol Rob Singer. LOL
Throughout this process, arci has come across like Joe Friday from Dragnet in his reportage of details. Rob has not. Rob has no tally of how many royals per how many hands played. He has no reportage of how many four of a kinds per how many hands played. He provided no details regarding how many hands he hit out of how many when employing special plays at amped up denominations. These are all red flags.
Also, considering how he employed his systems for the last 15 years, there was never a report of when the systems failed and he "martingaled out." Were we to assume this never happened because he never reported it? Why would we? At some point in time, he would have taken a 25K to 50K hit trying to win $500 or thereabouts. Did it happen once? Did it happen multiple times? Are we to presume it never, ever happened? Red flags again.
These are all basic observations that do not disrespect Rob. He was asking us to take on faith that what he said worked would work for other people. That was irresponsible.
Christ, not another challenge. We just ended a bitch fight between two old low rollers, both living on pensions and Social Security, so rich they live in a house and buy RV's and cars, and one had 4 cell phones!!! Jesus wept, they both sound like average guys with too much time on their hands now and took their bitch fight public.
Now you want a guy to prove he lost for the year? Why would he brag about it? I don't see a lot of ego when someone admits they won a million then gave it all back and then some.
$5K is my limit on trips to Vegas.
$1,500 was my daily limit on trips to Rincon in the last couple of years.
Having a lot of W2Gs is not a factor of a daily loss limit. It's a matter of a grind. But I do admit that in that year I had a larger budget.
Don't ask what my income is unless you want to change your underwear.
My video poker loss that year actually matched the return of the game I played -- 9/5 Double Double Bonus. 97.87%
If I had $1.29-million in W2Gs you can imagine my "grind" was pretty high. I lost about 1.2% of that.
If you want to say I put through a million dollars, then my loss that year on video poker was $12,000.
If you want to say I put through ten million dollars, then my loss that year on video poker was $120,000.
Sorry coach belly. Some information does not belong on the Internet.
I see I worded that poorly, it was refreshing after reading all the chest thumping on here that you are willing to admit a loss for the year. Count me in the same boat.
To this degree, I agree with coach belly. I do not think Rob lied about himself. In other words, all of the speculations regarding arci and advantage video poker players, and other people, because they were presented as facts, could be considered lies. But I don't think Rob would consider himself a liar in that he very carefully avoided specifics regarding himself. Those three "mathematicians?" Never named, for example. Rob may have been counting his accountant, his son-in-law, and the neighbor kid taking eighth grade geometry, but they could all be considered "mathematicians," since the word itself does not necessarily refer to professionalism or any accreditation. Number of sessions won and amounts? Nothing ever precisely claimed. Times the martingale failed? Always avoided, but he never said it had never failed. He simply said the big wins outnumber the big losses by a lot. True, in terms of number of wins versus number of losses. But not necessarily true, in fact probably false, if net dollars total are the criteria. Rob never made it the criteria. Again, there is probably a reason for that.
The question is, do you make enough to afford two RV's?