If you're going to count the positives of casinos you should add the negatives as well: ruining degenerate gamblers, increasing theft and homicide rates, etc.
Crime bosses create jobs too after all.
But I digress.
If you're going to count the positives of casinos you should add the negatives as well: ruining degenerate gamblers, increasing theft and homicide rates, etc.
Crime bosses create jobs too after all.
But I digress.
You're going to have to explain this to me slowly. If you lose $29,000 in one week, but you earn $85,000 a year, you average how much profit per week overall?Originally Posted by kewlJ
Alan you need to read up on and learn what the term "average" means?Originally Posted by Alan Mendelson
I say "average" and you immediately quote the extremes. Just like I said. I say "green", you hear "orange".
But wait... it gets even more complicated. Let's include that six-month losing streak. What does that do to the average for positive weeks?
Now, quoting your own post: "The average win per casino is under $2500...."
Ya know, kewlj, I suspect I'm not the only one not understanding your numbers.
Average: a number expressing the central or typical value in a set of data, in particular the mode, median, or (most commonly) the mean, which is calculated by dividing the sum of the values in the set by their number.Originally Posted by Alan Mendelson
You’re making a good point Alan. I never thought about it the way you’ve gone through the numbers. One thing I’ve noticed with a lot of these young APs is their numbers don’t add up.Originally Posted by Alan MendelsonYou're going to have to explain this to me slowly. If you lose $29,000 in one week, but you earn $85,000 a year, you average how much profit per week overall?Originally Posted by kewlJAlan you need to read up on and learn what the term "average" means?Originally Posted by Alan Mendelson
I say "average" and you immediately quote the extremes. Just like I said. I say "green", you hear "orange".
But wait... it gets even more complicated. Let's include that six-month losing streak. What does that do to the average for positive weeks?
Now, quoting your own post: "The average win per casino is under $2500...."
Ya know, kewlj, I suspect I'm not the only one not understanding your numbers.
There is a young AP called Joe who was on GWAE last year and he claimed to make $500,000 in his first year. I think he started with $10,000. Talk about a story that didn’t add up. Nothing he said made any sense. He also said he had an extended 200 hour downswing his first year. I’ve listened to the podcast several times, and every time I listen to it, it makes less sense.
He also bragged that he tipped almost zero during this run. Who brags about making $500,000 and tipping next to nothing? If this is true, I sure wouldn’t brag about it. These are the type of young APs I’ve seen come through my area lately.
Kewlj I have 33 hours of Economics from the Maxwell School of Public Policy at Syracuse University. To put it bluntly: I'm a trained economist. I realize you only have a GED or some kind of high school diploma... so please don't even try to lecture me on averages or means or anything else.
Simply explain yourself because your numbers just don't stand up by themselves.
I'm not accusing you of anything. I'm only asking you to explain. You must have had some wild swings given that you played "hit and run" sessions and averaged under $2500 per casino.
This needs an explanation. Don't accuse me of anything. They're your numbers.
Alan, you are clueless when it comes to numbers.Originally Posted by Alan Mendelson
"More importantly, mickey thought 8-4 was two games over .500. Argued about it. C'mon, man. Nothing can top that for math expertise. If GWAE ever has you on again, you can be sure I'll be calling in with that gem.'Nuff said." REDIETZ
No mickeycrimm I'm not clueless. I didn't win the Janus Award for Economics Reporting for being clueless. And I didn't blow the whistle on how the Bureau of Labor Statistics screwed around with the Unemployment rate and the wholesale price index... forcing the BLS to revise both. That was me who investigated and reported on CBS News.
Of course mickeycrimm you just want to show what a good AP club member you are. So I expect nothing less from you. But here's a tip: let kewlj speak for himself. He has to explain his numbers.
I'm thinking like bh...that this kind of action would draw attention.Originally Posted by Alan Mendelson
I guess it depends on how the losses were spread out.
How many stores were hit in that day, or that week?
Alan, mickey's getting nervous again because he's not handling kew's digging his own grave very well.
You will never get an understandable explanation about how the losing streak and big losing days affect the "avg. daily win". To do so will make his house of cards come crumbling all down.
What I am going to get is that I'm an anti AP shyster. Watch.Originally Posted by Rob.Singer
What he doesn't know is that I was discussing M1 and M2 with Paul Volcker over lunch before he was born, and it was me who interviewed the president of Bankers Trust when they confessed to supplying the Federal Reserve with incorrect money supply figures.
Originally Posted by Alan Mendelson
Alan, you seem like a really smart guy, can you figure this baffling puzzle out. You have these 5 gaming websites which include this one. three of those sites have about a hundred ACTIVE members one about 25 and one site only has one active member which site has the most volume of posts made per day, week and per month? You already know the answer and so does everyone else but only you could possibly explain the reason. While you are at it can you explain why that site's threads are also the most read by volume?
Last edited by BoSox; 03-27-2019 at 06:25 PM.
Bosox, I’m having a hard time following you. Could you please write in plain English, rather than in code or as a riddle? What was this post about? It looks like it could be interesting if I could figure out what you’re saying.Originally Posted by BoSoxOriginally Posted by Alan Mendelson
Alan, you seem like a really smart guy, can you figure this baffling puzzle out. You have these 5 gaming websites which include this one. three of those sites have about a hundred ACTIVE members one about 25 and one site only has one active member which site has the most volume of posts made per day, week and per month? You already know the answer and so does everyone else but only you could possibly explain the reason. While you are at it can you explain why that site's threads are also the most read by volume?
I understand you’re the defacto forum defective, but at some point you need to learn to communicate with the average Joe...or Bob.
Originally Posted by Alan Mendelson
I don't know what you want from me Alan? You want me to post pages of results? pages of numbers? I can do that. It would involve some work, but I can do that. BUT, is all that is going to lead to is your or someone else asking for proof of those numbers. How do I prove anything. Am I suppose to take pictures of casino chips before I cash them? Take pictures of the dealer scooping up my chips after a loss? Maybe I should just hire someone to follow me around video recording every hand I play? Or are we back to bank accounts and sale/purchase of property?
I mean really tell me what you want from me Alan? I can spend a couple hours posting some numbers, but I am sure that won't satisfy you.
Kewlj I've always believed that you could make $85,000 or so a year card counting. The problems arise when you provide too many details. In fact it's all the details that draw out the skepticism. It's all the details that sabotage you.Originally Posted by kewlJ
Look at what you've told us and understand how there can be skepticism:
1. You lose $29,000 in a week while you play short hit and run sessions that you describe as a grind. A $29,000 one week grind?
2. You quickly recover the $29,000 and you apparently did it again grinding short hit and run sessions.
3. Your average hit per casino visit is $30 or $50... yet you lost $29,000 in a week and then quickly won it back. That doesn't raise skepticism?
4. You admit to a six month losing streak but recover. Okay, that's doable. But again the recovery comes in grinding short hit and run sessions from 33 casinos at $30 to $50 a pop.
5. You speak of Averages but your average yearly take is under $2500 per casino each year and we have to wonder that you've had huge swings to maintain the averages...
6. And the bottom line is when you have to recover from a weekly loss of $29,000 and when you have to recover from a month or six months of losing, "inquiring minds" must wonder that there's more than $30-$50 casino hits and along with years of doing this you must be known.
7. Heck, they knew my face at Red Rock and Suncoast on my third visits to each casino... but you grind away for 15 years profiting on average $85,000 a year and overcoming $29,000 one week losses and you fly under the radar?
Ya know kewlj, if you just said you make $85,000 a year counting cards there wouldn't be any skepticism. But it's your added detail that sends up the red flares.
Originally Posted by Alan MendelsonKewlj I've always believed that you could make $85,000 or so a year card counting. The problems arise when you provide too many details. In fact it's all the details that draw out the skepticism. It's all the details that sabotage you.Originally Posted by kewlJ
Look at what you've told us and understand how there can be skepticism:
1. You lose $29,000 in a week while you play short hit and run sessions that you describe as a grind. A $29,000 one week grind?
2. You quickly recover the $29,000 and you apparently did it again grinding short hit and run sessions.
3. Your average hit per casino visit is $30 or $50... yet you lost $29,000 in a week and then quickly won it back. That doesn't raise skepticism?
4. You admit to a six month losing streak but recover. Okay, that's doable. But again the recovery comes in grinding short hit and run sessions from 33 casinos at $30 to $50 a pop.
5. You speak of Averages but your average yearly take is under $2500 per casino each year and we have to wonder that you've had huge swings to maintain the averages...
6. And the bottom line is when you have to recover from a weekly loss of $29,000 and when you have to recover from a month or six months of losing, "inquiring minds" must wonder that there's more than $30-$50 casino hits and along with years of doing this you must be known.
7. Heck, they knew my face at Red Rock and Suncoast on my third visits to each casino... but you grind away for 15 years profiting on average $85,000 a year and overcoming $29,000 one week losses and you fly under the radar?
Ya know kewlj, if you just said you make $85,000 a year counting cards there wouldn't be any skepticism. But it's your added detail that sends up the red flares.
Nope, nope, nope. #3, #4, #6 are not correct. I didn't say my average win or loss was $50ish. I said, you add up all the winning sessions and subtract all the losing sessions and it comes out to a small amount.
I will provide the win and loss amounts per session for the casino in question as I think it is roughly 50 visits and show you what I mean. I am not going to post the actual page of my results because there are dates and misc information that I record for each session that I don't want to make public. I am just going to post the 50 or so session results totals to clarify what I am talking about.
If you are just fucking with me Alan, and making me go through this, this will be the very last time, I give you even the time of day.
Winning days: 650, 837.50, 1575, 600, 425, 1875, 2425, 225, 537.50, 1200, 3375, 112.50, 475, 700, 825, 662.50, 275, 700, 1112.50, 12.50, 825, 350, 1075, 262.50, 3350, 512.50, 450, 275, 400
Losing days: -2125, -425, -775, 0, -225, -312.50, -625, -1725, -2425, -162.50, -850, -1462.50, 0, -2250, -1050, -337.50, 0, -3275, -200, -475, -112.50, -150
I hope I didn't make a mistake transferring numbers or god forbid, Mr "gottch ya" would jump on it.
The 29 winning days total, 26,100. Subtract the 22 losing (and zero) days total of 18,962.50 and I showed a total profit of 7137.50 at this casino in 2018.
7137.50 total profit divided by 51 visits or sessions equals an AVERAGE of 139.95 per visit. What did I estimate $140 per visit?
Got it Alan? see how this works?
Now those numbers are for my best casino (in terms of win). If you add all the casinos, including several that I had losing results for the year, that average per visit or session comes down below $50/per visit/session, which is what I said in the later post.
Why do I already have a feeling I am about to see a very stupid and frustrating response.
Why don’t you just send a package with all your play records to Alan’s office?
Because I am not out to prove anything, although I am sure that will be the next request/demand.Originally Posted by mcap
But let me ask you, mcap, since you weighed in. You are a guy (or gal) that seems fairly level headed. And you have been critical of me at times, so it's not like your a KJ supporter.
Are you in any way confused or unclear as to what I am saying? Or it is just the guy that is supposed to be a journalist that has trouble understanding English (and basic math)?
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