Big Casino Wins and Jackpots

[slingshot]

I can answer.

Win goals do not help you win. I think we all agree on that.
Loss limits do help you control your losses when you're just not having any luck.

I happen to utilize rising stop-losses when I am winning. This is why I won't hit a winner on the first hand and stop playing. If I do happen to hit a winner, I will adjust my "stop loss" to give myself a chance to keep playing and possibly win more.

But each player should have their own plan. My loss limit might be too much for others. My win goal might be too high for others. And some might be clueless about how a "rising stop loss" works because they never traded stocks or futures and are unfamiliar with how they work.

But there are two main points that everyone must follow:

1. If you don't take some profit out of the casino you will never have a profit. Duh.
2. A positive EV game is not an ATM that spits out winnings, and you have to have loss limits even on +EV games and machines.

At my level of play, I only have one such planned rising stop/loss that I will try. If I hit the royal, I will try the win $100/lose $100 at 1,2, and 5 credits strategy on the $5 machine playing bp. My worst was losing $75 because not one hand hit and I opted keeping the $25. Other wins were a little over $100- and I did go thru about 10 hands one other time and thought I was toast when a hand brought me back to $95 where I opted to leave. It's a cool strategy from Rob and one quad can make a day.

[mickeycrimm]

A positive EV game is not an ATM that spits out winnings, and you have to have loss limits even on +EV games and machines.

I pretty much win everyday. That means I pretty much quit a winner everyday. But I don't quit for the day because I'm ahead. I quit because I don't work more than 8 hours a day. On the rare day I'm a loser I quit at the same time. Win goals and stop losses are for negative expectation gamblers. It serves to cut down their gambling time, thus, saving them money.

If you quit an AP play because of a losing streak it means you weren't properly bankrolled for the play. This is a no no for all true AP's. You have to be properly bankrolled to float swings in the game.



Sling, Rob doesn't have a "popular strategy." Only a small minority of players like you use it. If the strategy was that good it would have went viral years ago.

[RS__]

APs may pause or stop when ahead -- not because they're ahead, but because it's time to stop. An AP may stop because of heat, fatigue, a promotion has ended, etc. Another reason, although rare, would be if your bankroll can no longer handle the game.

Alan, I'm not surprised the only APs you've met only play 25c VP, sleep in their car, or starve without the diamond lounge. As far as I can tell, you're not the kinda person many APs would want to meet.


Also not sure why you're stuck on believing it's all 2%. I'm usually looking for at least 5%, but will certainly play something lower than that if I can get a lot of action through.

[Alan Mendelson]

An AP may stop because of heat, fatigue, a promotion has ended, etc.

Of course you say that. But if you are not ahead at the time you stop because of heat, fatigue or the promotion has ended you will also be living in your car.

You guys are just not rational. You don't use common sense. And frankly I think you're all talking from ego and not from reality. It makes me wonder if you really are players?

Let me make this clear to everyone who comes here for information: the ONLY way to leave the casino with a profit is to stop playing when you have more money than you started with. How you get to that point will vary. Some will find a game with a better pay table than others, some will find a table where dealers make errors in your favor, and some will just get lucky. But if you don't stop playing and leave when you have more money, all the theory about how to win is worthless.

[redietz]

Best to not consult witch doctor who has killed all of his patients

Old Wise Jungle Saying

[redietz]

I have no idea if the APs posting here are story-tellers or brilliant professionals, but this is twice Alan has used the phrase "if you really are players." I have no idea what that means, but it sounds as if it has something to do with the size or volume of betting. Math doesn't change based on the size or volume of someone's betting. If someone is betting pennies, it's still "real gambling," and they are still a "real player." They don't exist in some alternative universe with different rules and different math. Now the size of the wagering may insulate them from psychological duress, but frankly if someone is properly bankrolled, there should be minimal psychological duress anyway.

[Alan Mendelson]

Let me explain my use of the phrase "if you really are players."

It is very easy for anyone -- even me -- to quote scripture and verse. But do you actually follow what you preach?

It is very easy for anyone to say they play +EV games and only stop when they are tired or hungry or it's time to go to a show. But is that what you really do? Are you really playing the +EV games you claim to exist? Do you really have the bankroll needed to get through the slumps even on +EV games?

But putting all your "AP talk" and "AP claims" aside there is only one reality in casino gambling: how much money did you start with and how much money did you finish with. Make all the claims you want about the return on certain games, and how dealers flash cards, but the only thing that counts is the bottom line. And the bottom line is determined by only one thing: what money do you have at the moment you stop playing.

Everything else is... just talk.

[Rob.Singer]

You've heard this before: "AP is nothing more than a feel-good state-of-mind".

Some players choose to associate themselves with the AP concept because of the theories they read and the creative stories--and most of the time they ARE just that: concocted stories--they so often see on the various internet forums. The term "AP" actually has nothing to do with being a winner, and everything to do with being perceived as being a winner. That's why so many of them went into personal panic mode each week when they couldn't help themselves read my Gaming Today's Undeniable Truth column for nearly 8 years, which regularly exposed & incensed these people as nothing more than video poker players with huge gambling problems.

Stay at a >100% machine until your head starts bobbing, your wallet & cards get emptied, your stomach can't stop growling, or the wet farts keep on-a-pumpin'? Sure they do, because that's essence of being an AP: severe addiction to gambling. Yet they go to extreme lengths to make up stories of extraordinary successes, as witnessed by the countless "anonymous AP's" who frequent the forums telling us how very special they are and about these secret 10% "edges" no one can locate. It's also the reason the vast majority of gamblers who are stricken with this disease are social failures....and littered with "a life less lived" from a to z. Just as there's so much truth to the fact that in this country, Liberalism is a disease, so too can the same be said about advantage play.

And of course Alan's 110% right: when the curtain comes down at the end of every play session, the ONLY measure of success is whether you leave with more money than you came in with. Merely making "good bets" doesn't count, being one of those WoV "super smart, oh so special mensas" surely doesn't count, and returning home to count all those phantom bucks in your head instead of the benjis on your bed most definitely doesn't count.

Listen to those who know, people. Heed the word.

[Rob.Singer]

A positive EV game is not an ATM that spits out winnings, and you have to have loss limits even on +EV games and machines.

I pretty much win everyday. That means I pretty much quit a winner everyday. But I don't quit for the day because I'm ahead. I quit because I don't work more than 8 hours a day. On the rare day I'm a loser I quit at the same time. Win goals and stop losses are for negative expectation gamblers. It serves to cut down their gambling time, thus, saving them money.

If you quit an AP play because of a losing streak it means you weren't properly bankrolled for the play. This is a no no for all true AP's. You have to be properly bankrolled to float swings in the game.



Sling, Rob doesn't have a "popular strategy." Only a small minority of players like you use it. If the strategy was that good it would have went viral years ago.

And here we have the same flowing example of the stories these people make up--and get exposed for--nearly every day.

Sling, do you think someone who claims to be making yearly profits of six figures every year on nickel & quarter VP & keno in a hole like Montana since going broke in Nevada, would have never RETURNED to Nevada with all those riches? And yet he fits the profile to a tee--the one that says he's a loner who drinks and smokes too much, who has bad teeth and bad eating habits, who has never had a wife or even a girlfriend, who thinks it's "cool" being a hitchhiker and a hobo, and who's "best friend" is the barstool next door to his one room flop-house.

Common sense people....simple common sense.

[redietz]

It seems to me that the tall tales of the hobo who hangs in Montana rather than pursue the riches of AP play in Las Vegas is just another variation of the myth of the dude who drives a Winnebago through South Dakota rather than pursue the riches of "system" play in Las Vegas. One has bad teeth; the other has a terrible wardrobe and gets bad gas mileage. It's all in the eye of the beholder.

Common sense, people....simple common sense.

[Alan Mendelson]

It seems to me that the tall tales of the hobo who hangs in Montana rather than pursue the riches of AP play in Las Vegas is just another variation of the myth of the dude who drives a Winnebago through South Dakota rather than pursue the riches of "system" play in Las Vegas. One has bad teeth; the other has a terrible wardrobe and gets bad gas mileage. It's all in the eye of the beholder.

Common sense, people....simple common sense.

Common sense tells me that the guy who has the luxury of driving around in a gas guzzling Winnebago and needs not work is in a pretty good place.

[slingshot]

A positive EV game is not an ATM that spits out winnings, and you have to have loss limits even on +EV games and machines.

I pretty much win everyday. That means I pretty much quit a winner everyday. But I don't quit for the day because I'm ahead. I quit because I don't work more than 8 hours a day. On the rare day I'm a loser I quit at the same time. Win goals and stop losses are for negative expectation gamblers. It serves to cut down their gambling time, thus, saving them money.

If you quit an AP play because of a losing streak it means you weren't properly bankrolled for the play. This is a no no for all true AP's. You have to be properly bankrolled to float swings in the game.



Sling, Rob doesn't have a "popular strategy." Only a small minority of players like you use it. If the strategy was that good it would have went viral years ago.

And here we have the same flowing example of the stories these people make up--and get exposed for--nearly every day.

Sling, do you think someone who claims to be making yearly profits of six figures every year on nickel & quarter VP & keno in a hole like Montana since going broke in Nevada, would have never RETURNED to Nevada with all those riches? And yet he fits the profile to a tee--the one that says he's a loner who drinks and smokes too much, who has bad teeth and bad eating habits, who has never had a wife or even a girlfriend, who thinks it's "cool" being a hitchhiker and a hobo, and who's "best friend" is the barstool next door to his one room flop-house.

Common sense people....simple common sense.

Oh I've learned my lesson the hard way- didn't think I'd do it after 4 years of fair discipline. It was a good lesson, tho , and hopefully sticks this time. I get all the simple nonsense that goes on. A beginner could comprehend the concept that a stop is after a win goal and a pause would be leaving for personal reasons- illness, phone call from wife, etc. Still waiting for that third book, Rob.. There's no good reading on VP anymore!!

[quahaug]

How many APs actually play video poker with an edge these days? I would think not a very high percentage.

[Alan Mendelson]

How many APs actually play video poker with an edge these days? I would think not a very high percentage.

Excellent point.

[mickeycrimm]

I pretty much win everyday. That means I pretty much quit a winner everyday. But I don't quit for the day because I'm ahead. I quit because I don't work more than 8 hours a day. On the rare day I'm a loser I quit at the same time. Win goals and stop losses are for negative expectation gamblers. It serves to cut down their gambling time, thus, saving them money.

If you quit an AP play because of a losing streak it means you weren't properly bankrolled for the play. This is a no no for all true AP's. You have to be properly bankrolled to float swings in the game.



Sling, Rob doesn't have a "popular strategy." Only a small minority of players like you use it. If the strategy was that good it would have went viral years ago.

And here we have the same flowing example of the stories these people make up--and get exposed for--nearly every day.

Sling, do you think someone who claims to be making yearly profits of six figures every year on nickel & quarter VP & keno in a hole like Montana since going broke in Nevada, would have never RETURNED to Nevada with all those riches? And yet he fits the profile to a tee--the one that says he's a loner who drinks and smokes too much, who has bad teeth and bad eating habits, who has never had a wife or even a girlfriend, who thinks it's "cool" being a hitchhiker and a hobo, and who's "best friend" is the barstool next door to his one room flop-house.

Common sense people....simple common sense.

Oh I've learned my lesson the hard way- didn't think I'd do it after 4 years of fair discipline. It was a good lesson, tho , and hopefully sticks this time. I get all the simple nonsense that goes on. A beginner could comprehend the concept that a stop is after a win goal and a pause would be leaving for personal reasons- illness, phone call from wife, etc. Still waiting for that third book, Rob.. There's no good reading on VP anymore!!

Sling, if Singer's nonsense worked you would be a millionaire by now. But you aren't are you? Why is that. I know you have excuses. While Alan and Rob hammer AP's for having nonsense in their heads it's guys like Sling that are the real foolhardy people.

[slingshot]

And here we have the same flowing example of the stories these people make up--and get exposed for--nearly every day.

Sling, do you think someone who claims to be making yearly profits of six figures every year on nickel & quarter VP & keno in a hole like Montana since going broke in Nevada, would have never RETURNED to Nevada with all those riches? And yet he fits the profile to a tee--the one that says he's a loner who drinks and smokes too much, who has bad teeth and bad eating habits, who has never had a wife or even a girlfriend, who thinks it's "cool" being a hitchhiker and a hobo, and who's "best friend" is the barstool next door to his one room flop-house.

Common sense people....simple common sense.

Oh I've learned my lesson the hard way- didn't think I'd do it after 4 years of fair discipline. It was a good lesson, tho , and hopefully sticks this time. I get all the simple nonsense that goes on. A beginner could comprehend the concept that a stop is after a win goal and a pause would be leaving for personal reasons- illness, phone call from wife, etc. Still waiting for that third book, Rob.. There's no good reading on VP anymore!!

Sling, if Singer's nonsense worked you would be a millionaire by now. But you aren't are you? Why is that. I know you have excuses. While Alan and Rob hammer AP's for having nonsense in their heads it's guys like Sling that are the real foolhardy people.

If you even had the first clue of his strategy you would know a large outlay of credits is sometimes required to win a reasonable win goal- although luck within those 1200 credits can change everything. Common sense would tell any reasonable person that playing 1200 credits (sometimes less) in 3 sessions , with the top denom being 50¢ is delusional expecting to be a millionaire.

[Rob.Singer]

Oh I've learned my lesson the hard way- didn't think I'd do it after 4 years of fair discipline. It was a good lesson, tho , and hopefully sticks this time. I get all the simple nonsense that goes on. A beginner could comprehend the concept that a stop is after a win goal and a pause would be leaving for personal reasons- illness, phone call from wife, etc. Still waiting for that third book, Rob.. There's no good reading on VP anymore!!

Sling, if Singer's nonsense worked you would be a millionaire by now. But you aren't are you? Why is that. I know you have excuses. While Alan and Rob hammer AP's for having nonsense in their heads it's guys like Sling that are the real foolhardy people.

If you even had the first clue of his strategy you would know a large outlay of credits is sometimes required to win a reasonable win goal- although luck within those 1200 credits can change everything. Common sense would tell any reasonable person that playing 1200 credits (sometimes less) in 3 sessions , with the top denom being 50¢ is delusional expecting to be a millionaire.

This is the silly point these AP's try to make sling, whenever they put in an effort to discredit that which they know very little about. "Why aren't you a gazillionaire" or "Why aren't you or he living in LV hammering the hell out of the casinos". It's nonsense like that which makes them appear even more like the idiots they are. Yet at the same time, mickey has no answers as to why he has had such a meaningless, insignificant, and slug life--esp. after all those dumb "folklore of the past" big deal gambler stories that only someone like Scotty of Scotty's Castle in Death Valley would be proud of---possibly along with mickey's toothless mom, who's thankfully tucked away up in Alaska somewhere. Like mother, like son.

I would guess the reason sling's not trying to break LV casinos is because he has a nice life somewhere else, and who wants to live among sooo many lowlife foreigners, minorities, and pure white trash anyway. And of course, we travel. If I had some old girlfriend instead of a wife of many years of course, I may take her across the country to LV trying to impress her at dumpy Henderson casinos, cheap coffee shops, and fatass/germ-riddled buffets. Now there's the life.

[redietz]

Alan, have you been taking old girlfriends to dumpy Henderson casinos and cheap coffee shops? Shame on you!!! You're obviously pure white trash.

Rob, I'll know you'll appreciate this, as it demonstrates Singer-esque discipline. When checking numbers during my last go round in LV, I was at the Palms for the Cantor printouts. The buffet was closed for renovation, so I went next door to the Gold Coast. It was senior day, so I played 50 hands of 25 cent video poker, earned 50 points, and got my free senior day lunch buffet.

[Alan Mendelson]

Sling, if Singer's nonsense worked you would be a millionaire by now. But you aren't are you?

This raises a very good question and issue: how much money can you hope to make/earn/profit in casino games?

Unfortunately, payouts are not huge on casino games and in order to win a lot of money you have to bet a lot of money. One of the best games to play in a casino for its very low house edge is craps. The best bets on the craps table are the pass or don't pass, which have a house edge of about 1.4%. But the bet pays only even money. To win a million dollars you'd have to bet a million dollars.

Slot machines and video poker and some of the "exotic" table games such as 3 Card Poker do have certain jackpot bets. Video poker has the royal flush where a $500 bet can win you $400,000 but that happens about once in 42,000 tries and in between tries you are likely to lose some or all of that $500 on each try, but you could win on about 40% of each try or play.

Frankly, no one's strategy will make you a millionaire. Not Singer's, not Dancer's, not even the advice of Mickey who says he has a profit every day he plays and I doubt he's a millionaire either.

[Alan Mendelson]

Alan, have you been taking old girlfriends to dumpy Henderson casinos and cheap coffee shops? Shame on you!!! You're obviously pure white trash.

Hmmm... she's been taking me. She is a real bargain shopper and she loves getting prime rib dinners for $8.95 and the $5.99 specials at Arizona Charlies.