So I've been considering relocating to an area where I can make a go at doing this full time instead of the occasional weekend warrior trip. What do you do when you need to provide proof of income to rent an apartment?
So I've been considering relocating to an area where I can make a go at doing this full time instead of the occasional weekend warrior trip. What do you do when you need to provide proof of income to rent an apartment?
When you're self employed you show your tax return.
They might also ask for bank statements showing your cash flow.
Doctors and lawyers do this for mortgages as well. It's pretty standaed.
Hopefully the new place is big enough to accomodate a couple of Stern pinballs. Another tack is to tell the landlord you are retired and have substantial savings and then show them your bank statement (with sensitive information like SS# redacted of course) as AndrewG suggested except for the main purpose of showing your substantial savings rather than for the main purpose of showing cashflow (although that's to great to have in addition to showing retirement savings of course).Quote:
Originally Posted by pepe
What about when you are planning to move in the same year you began self employment in, so your tax return from last year will just be your previous job and unemployment?
If you haven’t quit your job yet, even if the job is in a different location, you should be able to use that for proof of income to secure the apartment then can quit the job when you move, they won’t ask for verification again if you’re renewing in a year or whatever. That worked for me about a decade ago anyway, doubt it gets questioned now since it’s always checked the required box and remote work so common now.
If you just say you will supply three months security deposit I find most places don't care about cash flow. (Any eviction would take about three months so they pretty much are financially covered.)
Film biz people have this problem where they may not work for months, then suddenly do a film that pays all their bills for a year
I lost my job last year when the pandemic hit. Most of last year was covered by unemployment (which paid more than the job did). I also wasn't doing any gambling because of the pandemic (that changed this year with the vaccine).
Not sure of your credit situation but in my experience they usually don’t need the income verification if your credit is good enough. They will typically only ask when credit is fair to poor. Definitely depends on the landlord tho.
Hmmm. A few years ago when I rented income of a multiplier of certain amount of rent or proof of funds for lease term equivalent to multiplier was required as a qualifier by the apartment/property management company type places. Several months up front and/or larger security deposit can be a substitute, more likely with private/smaller landlords and private landlords a lot more variability in what they may require or accept for qualifications.
I'd also say some landlords won't worry about it too much if you pay the usual first month's rent, deposit and another one or two months worth upfront.
It is usually as you and DarkOz say with individual owners or people who only have a few units. But with the growth of the industry and the management companies they hire to operate them, it’s a tight criteria now. They use credit scores, income verification and other tools to try to put themselves in the best position to get paid based on their calculations. And there is no wiggle room if you don’t match up with what they are looking for.Quote:
Originally Posted by Mission146
Best bet for an individual in this situation is to find a small unit and avoid the big complexes which use management companies.
Often a strong co-signer to the lease will do the trick, but if you've a history of eviction, poor credit, no job and no assets, you're screwed.
Oh, you might find a spare room in a "shared housing" ad on craigslist.
Otherwise, bring a hot plate and a cot and stay in the tunnels til your bankroll / financial position is strong enough.
If it's an apartment complex, you could always try to just bribe the manager. If you don't ask, the answer's always, "No." Couple hundred in a bribe and paying a few months upfront should do the trick in some (not all, obviously) of the managed ones.Quote:
Originally Posted by The BozIt is usually as you and DarkOz say with individual owners or people who only have a few units. But with the growth of the industry and the management companies they hire to operate them, it’s a tight criteria now. They use credit scores, income verification and other tools to try to put themselves in the best position to get paid based on their calculations. And there is no wiggle room if you don’t match up with what they are looking for.Quote:
Originally Posted by Mission146
Best bet for an individual in this situation is to find a small unit and avoid the big complexes which use management companies.
It all depends on your credit.
If that is good/excellent you can get whatever you want. You will still need to phony up some paystubs though.
If credit is poor. Then you are going to be in a situation where you will get verified every step of the way. In that case, you should be ready to provide a bank statement with funds available for the total lease amount. The balance has to have been maintained for an extended period of time (6 months or longer).
Every case is different. But Boz is correct. The managed companies are not flexible at all. They are easily duped with a few fake docs though and preset phone numbers to use for verification.Even the smaller landlords are not interested in any nonstandard negotiations unless it is payment up front for the entire lease.
If you have a specific question, I can tell you exactly what to do. I have helped several people rent and buy places to live when in non-typical life situations.
Good luck with that....... Did you used to sell hotel rooms on the side for cash? :)Quote:
Originally Posted by Mission146If it's an apartment complex, you could always try to just bribe the manager. If you don't ask, the answer's always, "No." Couple hundred in a bribe and paying a few months upfront should do the trick in some (not all, obviously) of the managed ones.Quote:
Originally Posted by The BozIt is usually as you and DarkOz say with individual owners or people who only have a few units. But with the growth of the industry and the management companies they hire to operate them, it’s a tight criteria now. They use credit scores, income verification and other tools to try to put themselves in the best position to get paid based on their calculations. And there is no wiggle room if you don’t match up with what they are looking for.Quote:
Originally Posted by Mission146
Best bet for an individual in this situation is to find a small unit and avoid the big complexes which use management companies.
I was able to get a mortgage with my only income that of an AP, but I was able to show several years tax returns and did have to put down substantial down payment. I assume it would work the same with a rental. There may be some high end corporate places that won't be flexible, but if you can put down a bigger security deposit, I would expect most places to be flexible. Other than that, I guess maybe you could ask a relative or friend to co-sign. Sounds like some of the same problems ZenKing had starting out.
We had various reasons for keeping rooms, "Out of the computer," but I never personally profited on any of that.Quote:
Originally Posted by MaxPen
This is actually good advice. Work hard, save your money, get your shit together and stop lying to get by, as some do. Don't forget it either, or you'll be right back where you suffered again.Quote:
Originally Posted by MisterV
In Nevada I worked comped rooms in Laughlin and Wendover. Both places I had perpetual room comp. In Vegas, Reno and Tahoe I used some room comp but mostly stayed at the weekly/monthly hotels. They were easy to move in and out of. Sometimes it was better to be in Northern Nevada and other times it was better to be in Southern Nevada. I didn't want to have an apartment in Vegas but working plays in Reno, and vice versa. You wind up paying double rent.
Nowadays places like Extended Stay America charge $1200 to $2000 a month depending on location. But you get a full kitchen, cable, internet, weekly maid service, etc. Plus there is no deposit. It's no fuss no muss when it's time to move. It's a one day move out.
Talk to ZenKing.
I'm sure he has it all figured out by now as he was in your situation a few years back.
Boz said he would be under the bridge by now but I think he lost that wager.
It must take equal doses of courage and desperation with just a dash of "I'm a dreamer" to move to Las Vegas with little or nothing and hope to make a living gambling professionally, without any other regular source of income or a lot of savings to tide you over.
Christ on a crutch, the obstacles, the distractions, the difficulties.
I wonder what the success rate, expressed in percentages, is for people who come there with that plan in mind?
Sounds like he's still stuck at 50k roll, 5 years later. Sure he payed, his monthly expenses out of that, but still somewhat underwhelming. He's in his prime pushing 30 he should have at least 100k roll by now. That's not a big buffer by any means.Quote:
Originally Posted by monet
I agree and can't argue with your post.Quote:
Originally Posted by Ozzy
However, this lifestyle isn't really set up for longevity for 99.73% of players.
Most APs running around Vegas are living from play to play.
Of course that is just life or people in general.
Paycheck to Paycheck.
Best to invest in survival skills, guns and ammo and or the like IMO.
Of course that mentality isn't for everyone.
Yeah seemed like I was the only one out having fun on purge night.Quote:
Originally Posted by monetI agree and can't argue with your post.Quote:
Originally Posted by Ozzy
However, this lifestyle isn't really set up for longevity for 99.73% of players.
Most APs running around Vegas are living from play to play.
Of course that is just life or people in general.
Paycheck to Paycheck.
Best to invest in survival skills, guns and ammo and or the like IMO.
Of course that mentality isn't for everyone.
I have stayed in those places when I was younger or transitioning from one place to the next. They are small, neighbors are loud and you defiantly dont want people with kids above you, cops are always there, they are filled with roaches, and they attract a significant amount of riffraff.Quote:
Originally Posted by mickeycrimm
The last report I knew about, he was over 100k. I think I mentioned this before, but he actually got a nice place with all the amenities and security. He spent a surprisingly decent amount furnishing and decorating it, It looks very nice.Quote:
Originally Posted by Ozzy
That's good to hear.
I gave the guy the business due to his smarmy, "I'm the best BJ player in the world" posts, but I am glad he is still around and doing OK.
Hell, I wouldn't want anybody to have to return to New Jersey ...
We can always count on AxelWolf to come in here and defend ZenKing while giving us a report on his situation/life.
Thanks AW... you really are the sweetheart that Boz says you are!
With APs like you, the Casinos will go broke soon.
Congratulations on living a life full of substance, helping your fellow APs/Scamblers.
You, my friend, are not just a cog in the wheel.
Your life truly has meaning.
I was not aware of Zenking's BR growth. Good for him. I was just impressed that he had survived, was doing well, moved into a nice place which was a problem early on, and had supported himself for 4-5 years while maintaining the bankroll. If he has doubled his bankroll on top of that, 10 times better. A heart felt congratulations to ZenKing for living your dream, and taking the chance and fighting through risk and variance (which he find synonymous with cheating) to do so. :)Quote:
Originally Posted by AxelWolf
Just for clarification, this does NOT make him the greatest card counter ever. ;). And I am not saying that, meaning that I am. far from it. the greatest card counter ever, was probably some dude, none of us have ever heard of or read about. It was probably before what George W Bush called "the internets". ;) It was probably back in the 70's, 80's maybe 90's with better blackjack conditions and rules and he plied his trade successfully without anyone having a clue.
Doesn’t matter how much you try to discredit him, he will always be the self proclaimed best ever.
I don't imagine anyone but Zenking can speak for his life and bankroll situation. Just saying.
I could be wrong but I've known a lot of people in Vegas in the last 30 years and their bankrolls change in the blink of an eye.Quote:
Originally Posted by MaxPen
Myself included.
Shit Happens and Shit Happens fast in this town.
Usually in a downward direction but that doesn't mean others haven't skyrocketed.
I've literally seen players win enough to cover 20k per year for 20 to 40 years of their life in one night.
That's publisher clearing house money.
I'm sure you've seen the same.
I probably shouldn't talk too much about this but I've been on plays that have lasted for weeks or months where I was basically reaching into the hopper.
Over Pays and other methods.
One instance I was on a machine that when you cashed out 100 dollars it left the credits on the machine.
You guys don't have to believe it but this shit happens.
It seemed to happen more regularly to me decades ago.
Not so much these days.
That's Rob Singer kind of shit and I have been on similar things like that.
I'm not saying Rob did what he said but I know that shit happens.
That's one reason I really don't get involved in these bullshit debates about what can and cannot happen.
Most of these members don't know what goofy shit happens.
They never met people with light wands or snakes that they shoved inside of coin machines.
They just want to come on here and talk about math and how honest they are.
That certainly isn't the whole story.
That's ZenKing Bullshit where I'm gonna win because I'm the best kind of stories.
kewlJ is very similar.
Honest Abe Bullshit IMO.
It wasn't long ago that a guy I knew traveled far away because of an overpay on a Keno Machine.
Things Happen.
Some of you know this but don't like to talk about it on forums.
How much can you make on an Overpay from a Machine???
More than you probably think.
But you know you got the Kings, KJs and Sox playing it straight.
Suckers!?
Perhaps but I guess they keep their souls intact.
I have no way to know for certain what his BR is at, that was the last BR report that I was aware of he could be to zero at this very moment. Obviously, ZenKing is not the best counter in the world, not even close. He's a very competitive person so I think that's just part of that competitive mentality to claim you are the best at something and try to believe that about yourself as some psychological motivation. Who knows. I have always said ZenKings worst enemy is himself.Quote:
Originally Posted by kewlJI was not aware of Zenking's BR growth. Good for him. I was just impressed that he had survived, was doing well, moved into a nice place which was a problem early on, and had supported himself for 4-5 years while maintaining the bankroll. If he has doubled his bankroll on top of that, 10 times better. A heart felt congratulations to ZenKing for living your dream, and taking the chance and fighting through risk and variance (which he find synonymous with cheating) to do so. :)Quote:
Originally Posted by AxelWolf
Just for clarification, this does NOT make him the greatest card counter ever. ;). And I am not saying that, meaning that I am. far from it. the greatest card counter ever, was probably some dude, none of us have ever heard of or read about. It was probably before what George W Bush called "the internets". ;) It was probably back in the 70's, 80's maybe 90's with better blackjack conditions and rules and he plied his trade successfully without anyone having a clue.
recently I offered him a no-brainer slamdunk situation and was willing to spoon-feed him the how, when, why, and where. He declined while stating how much he was making per hour playing BJ and just wanted to do that. His offer when to a mutual friend of ours who ended up making about 7k or 8k(I forget the exact amount) in one day. He is very hard-headed and won't seem to move on until he is satisfied he has beaten the game of blackjack on his own.
Whatever the case, it's all good, he is fun to hang out with no matter what or how he is doing.
Or a dude that would open his trenchcoat and tase machines for interesting results.Quote:
Originally Posted by monet
Well speaking of money from nowhere here was today's decent vulch of mine:
He's got a limited time frame to make his dough. Sure he's got potentially 20-30 years due to his age, but counting could be complete garbage within a few years. If he's that pig headed(act shocked!) and is unwilling to take advice from a mentor like AlexWolf, he might have limited options in the near future. He's still young he's got that going for him, but if he's anywhere near as good as he says, he's got to sock away some bread in the pantry, for a safety net. You don't want to be in your 40s in the near future with no pot to piss in.
Quote:
Originally Posted by mickeycrimm
I have stayed in the Extended Stay on Valley View across from the Rio a couple of times in the last six or seven years. It seemed fine -- same layout as a Budget Suites type room, but cleaner and with a better clientele.
Having said that, I do joke about the fact that a dude stayed there with a supply of ricin awhile back and intended to poison Caesars Palace by coming up through the tunnels or something. I ask for "The Ricin Room."
Seriously, I liked the place. It was more than good enough for me. I would think quite a few poker players camp there during the WSOP.
Nice Hit tableplay!
I could learn from you and MC about how to crush these vision machines.
PM me anytime if you feel comfortable doing so.Quote:
Originally Posted by monet
I have been hearing card counting and AP in general was dying/dead since 2000, and yet here we are. No doubt things change, Some things die out, but some things get better, but as long as you change and adapt you should not have a problem. I remember IGT and other game makers were swearing off bonus banking, player funded, variable state, or whatever you want to call them, but now look at what we have... it seems like it's better than ever. Sure there is more competition nowadays, but there's also extra added stuff we didn't really have back in the day. And the number of casinos we have access to nowadays is far greater than what we had back then. If you knew what you were doing, motivated, and loved to travel you would make a killing nowadays.Quote:
Originally Posted by Ozzy
ZenKing doesn't seem big on change, but if push comes to shove, he will have to change, like it or not.
Quote:
Originally Posted by MisterV
MisterV, here are the demographic realities of the United States circa 2021. This is not Leave It to Beaver's USA.
When you realize where most Americans wind up, the hardships of trying AP'ing may not seem so very hard. The "success rates" for average Americans may not be what you perceive them to be, regardless of what they are doing.
The majority (more than 70%) of Americans die in debt. The average debt of those in debt is more than 60K. Thus, the "average American" in 2021 dies with a negative ledger sheet, and a substantial one. The reasons are many, but some of the more obvious ones are that when Country A picks up the tab for medical bills and education and Country B does not, Country B winds up with individuals shouldering massive debts from which they never escape.
If, on average, you're going to wind up in debt at the end of it all, why not do what you prefer to do along the way? The worst you can do is "fail," which is, economically speaking, what the majority of Americans wind up doing anyway.
I agree, if someone is knowledgeable, resourceful, flexible, willing to travel outside of their comfort zone, there are still plenty of opportunities out there. Very different then late 90s early/ mid 2k with little/ no competition. That has increase many fold over the last 5 or so years. I'm considering hanging it up and traveling the world frugally, when things loosen. Little over 20+ years gets draining after a while. I'm sure veterans like you, Monet and Max know, its hard to let it go, it's ingrained. Its definitely a lifestyle that some people love and many hate, I wouldn't have changed the crazy train lifestyle for anything. Only a limited amount of people, can make a good run at it and truly make it work. Time will tell, crazy world.Quote:
Originally Posted by AxelWolfI have been hearing card counting and AP in general was dying/dead since 2000, and yet here we are. No doubt things change, Some things die out, but some things get better, but as long as you change and adapt you should not have a problem. I remember IGT and other game makers were swearing off bonus banking, player funded, variable state, or whatever you want to call them, but now look at what we have... it seems like it's better than ever. Sure there is more competition nowadays, but there's also extra added stuff we didn't really have back in the day. And the number of casinos we have access to nowadays is far greater than what we had back then. If you knew what you were doing, motivated, and loved to travel you would make a killing nowadays.Quote:
Originally Posted by Ozzy
ZenKing doesn't seem big on change, but if push comes to shove, he will have to change, like it or not.
It is difficult to give it up.Quote:
Originally Posted by Ozzy
I've been trying for at least 2 to 3 years now.
I suppose that is true to anything in life that someone has done for a long period of time.
Party Is Over?
Gravy Train has Ended?
It can be difficult to acknowledge.
That doesn't apply to me, at least.Quote:
Originally Posted by monet
I recently retired after forty years of practicing law; for the first couple months I felt a bit like a fish out of water but not anymore: I have zero desire to seek employment.
Why do we differ (rhetorical question)?
I've a couple of possible explanations as to why a non-AP can retire easier than an AP, generally speaking.
Most jobs do not involve an activity which can easily become addictive; might it be that you are addicted to gambling and are therefore fighting some sort of "internal battle" when you try to walk away?
Perhaps of greater importance is money: I have plenty now due to saving, investing and inheritance and have no need to ever work again; while I suspect there are some AP's who may be in the same boat come retirement age I am guessing that most AP's (and many non-AP's, of course} are not in a similar financial position when retirement age comes around.
A portion of my income comes from Social Security; I get a generous payment from Uncle Sam because I diligently reported my taxable income over my lifetime.
I suspect that many AP's, at least those whose only source of income has come from gambling, do not have a good retirement payment to look forward to due to a combination of not reporting income and spotty earnings over the yeares.
This is only what I suspect to be the case, I hope I am wrong.
I have a great retirement plan set up; I just have to make sure to die within a month or so of retiring.
I don't want to retire. I enjoy doing this. Retirement is for people to do nothing but waste the rest of their lives away.
People outside looking in on the AP world are not close to being aware of what some are earning. It is easy to see the bums and misfits. I like it that way. I quit a very decent above average career to AP full time. I am better off for it.
More power to you, Max, and well done.
But for every successful AP I suspect there's a lot more wannabes who have flamed out or who have little to show for it when they reach their mid-60's.
True, the same applies to many non-AP's: my point is that all of us, AP's included, need to report our income and pay taxes (gotta qualify for a good Social Security check) as well as save and invest a good chunk of your winnings in an IRA or some other form of investment.
That's like saying you should get down on hand and knee and beg for crumbs....lmaoQuote:
Originally Posted by MisterV
If I never had to pay another tax the government could keep my social security. Crumbs even if maxed out. Structuring your life around a social security check is retarded.
"Crumbs," perhaps, esp. compared to what I have earned and paid taxes on over the years.
But I can't complain.
The ones who are fucked are those who don't qualify for any (or very few) "crumbs" due to not having reported and paid tax on income while working, AP and non-AP.
They're doubly screwed if they don't have a lot of dough set aside to provide for a comfortable existence after they stop working.
Oh, wait a minute, I guess most AP's probably HAVE TO work til they die, and a fun retirement is but a dream for most AP's, right?
Life's a game: just play your cards right.
Your story is getting stranger and stranger.Quote:
Originally Posted by MisterV
Worried about Social Security and having a relationship with an Ex Homeless Divorcee.
Your Credibility has lost a few notches lately from Highly Respected Divorce Lawyer.
How many marriages have you had again??
Seriously... you were involved with a Homeless girl who got a divorce from a Homeless Guy and they used to ride the rails being homeless and witnessed at least one murder!!??
How does someone with your clout and status get involved with some girl like that???
Makes no sense whatsoever.
Were you under the bridge in Portland by the river shooting up Heroin... tell the truth... that is how you two met, isn't it??
I know that area well, sorta.
I spent a summer in Portland Oregon playing Speed Chess at the Town Square.
Pioneer Square (Courthouse).
I'd set my clock, table and pieces up every morning to the right under those red banners by the coffee shop in the picture below.
They have these large blocks where people play chess or they did in those days.
Coffee Shop was next to it in the green.
And public transportation was free at that time for the downtown area.
I heard they got rid of that years ago.
I was very young, she was very pretty.
The night we met she drank me under the table and put me in the attic.
I was hooked.
If an AP doesn't sit any money aside he won't have much of a retirement.
If a resaurant owner doesn't sit any money aside he won't have much of a retirement.
If a drywall contractor doesn't sit any money aside he won't have much of a retirement.
If a bar owner doesn't sit any money aside he won't have much of a retirement.
etc., etc., etc....
True, seen a lot of APs that are actually very good at what they do and then when they win on AP they go lose it on baccarat, craps, sports betting etc.Quote:
Originally Posted by mickeycrimm
Got a friend that knows all the plays and is very good at finding plays, then always loses it on baccarat. I ask him why, he says “Can’t help it, baccarat is my weakness” I’m tell him just don’t play it & ask him don’t you like money more than the thrill of playing baccarat?
But he is resigned to the fact that as long as he is around casinos that he can’t control himself.
Sad really.
Tax returns, bank statements, referrals, and larger deposit should easily cover any issue with not having pay stubs. And if that isn't sufficient, it is probably not a great place to live.
Here’s another tip too although may be obvious
Call around and ask places the qualifications BEFORE you look so you don’t waste time.
After great recession I had a lot of money but horrible credit & I’d waste time looking at places & then get declined due to credit, so I starting calling in advance before I looked to find places that would work w bad credit.
I'm leary of large deposits. Landlords have the worst reputation with small claims judges. The court is always packed with people trying to get their deposits back from landlords.Quote:
Originally Posted by tominnv
I am 100% with Mr Mickeycrimm on this. Most Vegas corporate rentals require only $200 deposits or $500 at the most. Why let a landlord have more?Quote:
Originally Posted by mickeycrimmI'm leary of large deposits. Landlords have the worst reputation with small claims judges. The court is always packed with people trying to get their deposits back from landlords.Quote:
Originally Posted by tominnv
Frankly we all know deposits are rarely returned and are forfeited for fees for cleaning and damages as minor as a drawer not sliding properly.
Just present your tax returns, as I said before. It's what doctors and lawyers and business owners do. Professional tradesmen dont have W2s.
I wonder how child support is collected from APs. I'd be kind of leery explaining all the details to a judge and having to explain how income has dwindled from the past.
You dont need a W2 job to be ordered to pay, or to pay child support.Quote:
Originally Posted by theywontpayontuesday
Maybe they garnish your free play. :)Quote:
Originally Posted by theywontpayontuesday
Pay it the same as any self employed person.
About APs, I remember BBB telling Zenking she'd be REALLY uncomfortable leasing/renting to an AP if she were a Landlady, because sure the AP could win lots of money at a time, but if he loses, there goes her Rent for that AP l... BBB and I didn't always get along, but she was 100 percent right on that...
I would rather rent to an AP over a Walgreens employee living paycheck to paycheck as they might lose all their money in the nearest casino playing penny slots or whatever hits their fancy. If they suddenly can't afford a good haircut and a bus pass, they might lose their job. AP's can always get a job with very little start-up money that pays more than $8 -$14 an hour, I'm not sure how easy it is for a WG's worker to get one once they have been tagged a risk factor due to losing all their money gambling.Quote:
Originally Posted by Tasha
I would probably rather rent to someone with a skilled job that pays well and is in high demand, and someone who has a good credit score/history knowing people dont want to mess that up since it opens more doors, opportunities, and acts as a lifeline if needed.
How much rent have you been able to get out of paying during the rent-free covid year, if any?
I'm going to take a stab in the dark and say Tasha lives with family and gives a couple hundy a month for room & board.
That was not nice...Quote:
Originally Posted by AxelWolfI would rather rent to an AP over a Walgreens employee living paycheck to paycheck as they might lose all their money in the nearest casino playing penny slots or whatever hits their fancy. If they suddenly can't afford a good haircut and a bus pass, they might lose their job.Quote:
Originally Posted by Tasha
Assets such as money in the bank with many months bank statements can substitute with some lenders for proof of income.
AP is always misunderstood even by people like BBB. When I have a bad week it doesn't mean I don't have any money left. An AP can't be an AP like that. An AP is never putting his entire bankroll at risk on a given play. Never more than a small fraction of bankroll at risk on any given play. It's not going to happen but I could lose for years and not run out of money.
A funny story got told on the Risk of Ruin podcast about BJ players in the 70's and 80's and how notoriously cheap they were. They had 6 and 7 figure bankrolls but no curtains in their apartments. Any money they made went into their bankrolls. Fuck curtains!!! And any other stupid shit to blow money on. LOL. They understood the importance of money in gambling.
As Puggy Pearson, a little educated but highly effective poker player put it "For professional gamblers money is the mule that pulls the plow that tills the soil so the crops will grow."
Anyone that would dust off their entire bankroll in a month and can't pay the bills is not a real AP.
Very enjoyable and hopefully educational (for some) post mickeycrimm. Colorful characters back in the 70's and 80's. I only get to learn of them through someone like you.Quote:
Originally Posted by mickeycrimm
As for blackjack AP's skimping and every available dollar going towards backroll, to build for a bigger bankroll and higher future earnings, I went through a little bit of that and it was early 2000's. I had my half of a reasonable apartmnet rent, but it was food and clothing I skimped on in my early years. I litterally existed on mac & cheese and PB and jelly sandwiches and a few other cheap food choices for the better part of two years. Just wanted every available dollar to go back into my small BR so it could grow to where I could bet bigger and make a little more.
I moved into an apartment with a roommate that was his apartment so it had curtains. :rolleyes: But if not for that and I lived alone, I could have seen me doing without curtains, and rugs and maybe owning one pan to cook, so as to grow the bankroll. ;)