The Adventures of MDawg (in progress)

[MDawg]

if you spent as much time and energy on how to find and exploit advantages in the casinos as you do studying bullshit negative expectation games you would be worth a lot more than you are today.

You never exploited any casinos, the casinos kept the same hold on the machines that you played, whether you played them or not.

Some random player would have eventually spun off any of your plays, because that's what the math dictates...right?

So you took money from the other players, not from the casinos. You swiped grandma's entertainment money while she was in the bathroom.

No wonder you're so insecure.

As far as MickeyCrimm and the others like him Coach, they're pulling in MAYBE minimum wage. Consider that they research their plays all day long, then have to drive all the way to the casino, then spend hours pushing buttons on some low end gaming machine the rest of the day, (bored out of their minds), probably put in five to seven hundred hours a year towards their grind. Deduct the fifty to seventy five cents a mile driving travel cost, and that they often have to pay for their own rooms and food, and they are making less per hour than some guy flipping burgers, if they are coming out ahead at all.

Compare with me - I don't gamble for a living. We go to Vegas when we want, usually around a couple months total a year, stay in first class suites, everything comp'ed including often the spa as well, and I don't even play every day and when I do play it's average a few hours a session one session per day only and it's FUN exciting play not pushing a boring button until I get carpal tunnel syndrome. And in the meantime and also when we are not in Vegas, whatever else I do goes on, including intangible and tangible real world investments, my businesses and my actual profession. Per hour at the tables I'm bringing in average four or five hundred dollars an hour, and being PAID by the casinos to do it, comp wise.

What I will give them is that they are self-employed doing what they want to do, but it's a just a grind for them it's not making much for them relative to the time, travel and expenses put in.

I remember on one of my really high rolling trips years ago when I ended up having over 400K wired home, after I had been at the Baccarat tables almost two weeks and I was starting to say things like "Winning less than twenty five thousand a day, I mean that's NOWHERE." - a pit boss asked me, "Don't you work?" (Actually back then I wasn't a lawyer yet, but I was head of a company just was able to work remotely.) and this Chinese million dollar line high roller I know stepped in and answered for me, saying, "He's winning $25,000. a day tax free. That is good money. I wouldn't work either!"

And that's the thing about gambling, when you HAVE to do it, it rarely ends up profitable or worth your time.

[accountinquestion]

if you spent as much time and energy on how to find and exploit advantages in the casinos as you do studying bullshit negative expectation games you would be worth a lot more than you are today.

You never exploited any casinos, the casinos kept the same hold on the machines that you played, whether you played them or not.

Some random player would have eventually spun off any of your plays, because that's what the math dictates...right?

So you took money from the other players, not from the casinos. You swiped grandma's entertainment money while she was in the bathroom.

No wonder you're so insecure.

As far as MickeyCrimm and the others like him Coach, they're pulling in MAYBE minimum wage. Consider that they research their plays all day long, then have to drive all the way to the casino, then spend hours pushing buttons on some low end gaming machine the rest of the day, (bored out of their minds), probably put in five to seven hundred hours a year towards their grind. Deduct the fifty to seventy five cents a mile driving travel cost, and that they often have to pay for their own rooms and food, and they are making less per hour than some guy flipping burgers, if they are coming out ahead at all.

Compare with me - I don't gamble for a living. We go to Vegas when we want, usually around a couple months total a year, stay in first class suites, everything comp'ed including often the spa as well, and I don't even play every day and when I do play it's average a few hours a session one session per day only and it's FUN exciting play not pushing a boring button until I get carpal tunnel syndrome. And in the meantime and also when we are not in Vegas, whatever else I do goes on, including intangible and tangible real world investments, my businesses and my actual profession. Per hour at the tables I'm bringing in average four or five hundred dollars an hour, and being PAID by the casinos to do it, comp wise.

What I will give them is that they are self-employed doing what they want to do, but it's a just a grind for them it's not making much for them relative to the time, travel and expenses put in.

I remember on one of my really high rolling trips years ago when I ended up having over 400K wired home, after I had been at the Baccarat tables almost two weeks and I was starting to say things like "Winning less than twenty five thousand a day, I mean that's NOWHERE." - a pit boss asked me, "Don't you work?" (Actually back then I wasn't a lawyer yet, but I was head of a company just was able to work remotely.) and this Chinese million dollar line high roller I know stepped in and answered for me, saying, "He's winning $25,000. a day tax free. That is good money. I wouldn't work either!"

And that's the thing about gambling, when you HAVE to do it, it rarely ends up profitable or worth your time.

Being the head of a company, wagering yellow chips all day, why did you then decide to go to lawschool? This is even more unlikely than your wins.

[BoSox]

MDawg, how come you did not run for president of the United States?

[MDawg]

Everyone in my family has been to both undergrad and graduate schools. It's expected.

I love law. But also, getting the degree was related to my company.

When some of you keep talking about "unlikely" - what is that all about? Are you all a bunch of losers who assume that no one else but losers would hang with you, because that's the impression I am getting. What is so low life about you all that you think that only liars and low lives would hang with you? Am I in the wrong place? I did say I was going to bail on this forum but somehow got sucked back in with so much extra time on my hands these past few days.

Why can't you just accept pictures of ribs and shaving gear and twenty five thousand dollar chips and stop questioning yourselves.

[MDawg]

How about putting a sock in it, and discussing something constructive for a moment.

Assuming someone on here actually has handled high denomination chips and knows something about this, do RFIDs actually exist in casino chips these days and if so, are they actually used for anything? When I have handed my chips at the cage, including $25,000. ones I have never seen them put the chip in any kind of magnetic or otherwise looking device to check anything.

On one of the other forums someone was pointing out that he thought that casinos used RFID to track your win loss and so he was surprised that they missed the two yellow chips I won on the two sessions in my Feb/March 2020 trip.
https://wizardofvegas.com/forum/gamb...14/#post760590

As far as the chips, the $5000. and higher Baccarat chips at the Wynn/Encore have a serial number on them. (I couldn't find a pic of Wynn chips from my recent play, but I do post some pics of other chips below.) But - what this serial number is good for, I couldn't tell you. Whether the Wynn really knows who has what exact $5K chip at any given moment, is unclear.

There is no serial number on the $5000. or even $25,000 Baccarat chips at the Cosmopolitan, and at the Palms, I haven't handled a $25K Baccarat chip but their $5K Baccarat chips not only have no serial number but even come across as rather phony - flimsy in weight, and unimpressive in coloring.

Same with Treasure Island $5K chips, no special marking, no serial numbers.

As far as RFID or serial number tracing, a friend of mine says that he had two $5000. WYNN chips and some other property stolen from his room at another resort last year. He filed a report with the hotel and he was led to believe that the Wynn was going to trace them from his casino tableside win to show that they were never cashed and to reimburse him, but when push came to shove the Wynn casino did not help him or reimburse him and all he got back was a statutorily capped $1500. payout from the resort where he was staying at's hotel insurance carrier ($750. for the chips stolen, and $750. for his personal property stolen). This leads me to believe that RFID is not as much a factor in casinos as one would think.

Also, whenever I am playing, the pit bosses seem to be very fanatical about keeping track of my bigger bets and entering them into their screens, and also pretty strict about recording exactly how many chips I walk from the table with, which makes me wonder how they missed the two yellow chip wins, but also convinces me that that bet tracking is done visually not via any RFID. Whenever I make a huge bet after I am done with the afterglow of winning it, I start crowing at the pit boss to remind him to be sure to enter that huge bet into their system. It's more of a ritualized comedy routine than anything else - I bet a huge stack of yellows, I win, and then I start joking about making sure they log the bet, or make some joke about how I want a "discount" on the commission "for this bet only" if I won on the Bank. Another joke I love tossing out there is when I haven't opened my sixth card yet on a situation where the opposing side has already hit to zero. "I'll take five hundred to walk!" I quip, referring to how much I'll take on a discounted basis if the casino will just pay me now to not even look at my cards, versus opening, winning, and getting paid my full bet. In all my years of play, only one pit boss, years ago, has picked up on it - declaring, "I'll give you five hundred to walk!" after the other side had hit to zero on a thousand dollar bet of mine, and before I had a chance to look at my draw or even say a word. The guy must have been standing there the whole shoe, waiting for his chance to toss my own line back at me.




Take a look also at this article:
https://www.rollingstone.com/culture...t-away-105349/
it's quite a great read, and shows how hard it is to trace chips.

When the story first came out, it was put out there
https://singularityhub.com/2011/02/1...to-rfid-chips/
that all of the stolen chips were RFID deactivated, but the subsequent 2016 article I posted above from Rolling Stone, makes clear otherwise.
By the way, that article mentions that "Somewhere deep in the Bellagio’s computer system was a list of all the men and women who had ever gambled high enough stakes to have legitimately won so many big chips" and my name is on that list, as there was one trip in particular where I amassed a Baccarat win over a period of days of twelve of these $25,000. "melons" is what I called them, due to their color at that time that I was winning them right and left in my very high rolling days (early 2000s).

[tableplay]

MDawg, how come you did not run for president of the United States?

LMFAO

[coach belly]

As far as MickeyCrimm and the others like him Coach, they're pulling in MAYBE minimum wage.

Maybe...but tableplay says he carries pockets full of coins around so he can split quarters with his partners several times a day. Nobody shorts him...not even for a penny. That shows you where he's at.

Another guy finished his 25-year winning streak on public assistance. He thinks the USA has just the right amount of socialism...just enough to keep him alive and on the dole.

[dannyj]

if you spent as much time and energy on how to find and exploit advantages in the casinos as you do studying bullshit negative expectation games you would be worth a lot more than you are today.

You never exploited any casinos, the casinos kept the same hold on the machines that you played, whether you played them or not.

Some random player would have eventually spun off any of your plays, because that's what the math dictates...right?

So you took money from the other players, not from the casinos. You swiped grandma's entertainment money while she was in the bathroom.

No wonder you're so insecure.

As far as MickeyCrimm and the others like him Coach, they're pulling in MAYBE minimum wage. Consider that they research their plays all day long, then have to drive all the way to the casino, then spend hours pushing buttons on some low end gaming machine the rest of the day, (bored out of their minds), probably put in five to seven hundred hours a year towards their grind. Deduct the fifty to seventy five cents a mile driving travel cost, and that they often have to pay for their own rooms and food, and they are making less per hour than some guy flipping burgers, if they are coming out ahead at all.

Compare with me - I don't gamble for a living. We go to Vegas when we want, usually around a couple months total a year, stay in first class suites, everything comp'ed including often the spa as well, and I don't even play every day and when I do play it's average a few hours a session one session per day only and it's FUN exciting play not pushing a boring button until I get carpal tunnel syndrome. And in the meantime and also when we are not in Vegas, whatever else I do goes on, including intangible and tangible real world investments, my businesses and my actual profession. Per hour at the tables I'm bringing in average four or five hundred dollars an hour, and being PAID by the casinos to do it, comp wise.

What I will give them is that they are self-employed doing what they want to do, but it's a just a grind for them it's not making much for them relative to the time, travel and expenses put in.

I remember on one of my really high rolling trips years ago when I ended up having over 400K wired home, after I had been at the Baccarat tables almost two weeks and I was starting to say things like "Winning less than twenty five thousand a day, I mean that's NOWHERE." - a pit boss asked me, "Don't you work?" (Actually back then I wasn't a lawyer yet, but I was head of a company just was able to work remotely.) and this Chinese million dollar line high roller I know stepped in and answered for me, saying, "He's winning $25,000. a day tax free. That is good money. I wouldn't work either!"

And that's the thing about gambling, when you HAVE to do it, it rarely ends up profitable or worth your time.

Hi MDawg. I have enjoyed reading your adventures. Small time recreational gambler here. After reading the comment regarding tax free, I was wondering if you ever have any tax consequences after large (6 figure?) wins.

[MDawg]

Thank you.

Well the Chinese guy at my table is the one who commented "tax free." I'm not commenting one way or another on that.

But in any case, Nevada table game wins are not reported to the government at all. It is up to the table game player to pay taxes against any income, just as with any other income.


In the U.S.: One thing you do need to know is that withdrawing or depositing over $10,000. cash in a 24 hour period is reported to the Dept. of Treasury, not so much for tax purposes but for anti-money laundering records. Casino checks or wire transfers of any amount are not reported.

[redietz]

MDawg, how come you did not run for president of the United States?

I did notice that MDawg loses about as often as the president admits he did something wrong. MDawg is younger and fitter. Definitely a better writer. Their grasp of probability is probably about a wash. So yeah, I'd vote MDawg for president.

See, dannyj was right. There IS a chance. I'm writing in MDawg for president instead of voting for Biden.

I don't mind the lack of a last name for MDawg, but I should at least write in a middle initial or something come November. Let me know what initial I should attach. I assume it's "W," but not sure.

[mickeycrimm]

if you spent as much time and energy on how to find and exploit advantages in the casinos as you do studying bullshit negative expectation games you would be worth a lot more than you are today.

You never exploited any casinos, the casinos kept the same hold on the machines that you played, whether you played them or not.

Some random player would have eventually spun off any of your plays, because that's what the math dictates...right?

So you took money from the other players, not from the casinos. You swiped grandma's entertainment money while she was in the bathroom.

No wonder you're so insecure.

As far as MickeyCrimm and the others like him Coach, they're pulling in MAYBE minimum wage. Consider that they research their plays all day long, then have to drive all the way to the casino, then spend hours pushing buttons on some low end gaming machine the rest of the day, (bored out of their minds), probably put in five to seven hundred hours a year towards their grind. Deduct the fifty to seventy five cents a mile driving travel cost, and that they often have to pay for their own rooms and food, and they are making less per hour than some guy flipping burgers, if they are coming out ahead at all.

Compare with me - I don't gamble for a living. We go to Vegas when we want, usually around a couple months total a year, stay in first class suites, everything comp'ed including often the spa as well, and I don't even play every day and when I do play it's average a few hours a session one session per day only and it's FUN exciting play not pushing a boring button until I get carpal tunnel syndrome. And in the meantime and also when we are not in Vegas, whatever else I do goes on, including intangible and tangible real world investments, my businesses and my actual profession. Per hour at the tables I'm bringing in average four or five hundred dollars an hour, and being PAID by the casinos to do it, comp wise.

What I will give them is that they are self-employed doing what they want to do, but it's a just a grind for them it's not making much for them relative to the time, travel and expenses put in.

I remember on one of my really high rolling trips years ago when I ended up having over 400K wired home, after I had been at the Baccarat tables almost two weeks and I was starting to say things like "Winning less than twenty five thousand a day, I mean that's NOWHERE." - a pit boss asked me, "Don't you work?" (Actually back then I wasn't a lawyer yet, but I was head of a company just was able to work remotely.) and this Chinese million dollar line high roller I know stepped in and answered for me, saying, "He's winning $25,000. a day tax free. That is good money. I wouldn't work either!"

And that's the thing about gambling, when you HAVE to do it, it rarely ends up profitable or worth your time.

Until my health related retirement I was in the $70 an hour overall range with about $140 an hour seattime. As you can see barely above minimum wage.

You now feel like you have to discredit those who don't believe your 40 wins in a row narrative.

[mickeycrimm]

As far as MickeyCrimm and the others like him Coach, they're pulling in MAYBE minimum wage.

Maybe...but tableplay says he carries pockets full of coins around so he can split quarters with his partners several times a day. Nobody shorts him...not even for a penny. That shows you where he's at.

Another guy finished his 25-year winning streak on public assistance. He thinks the USA has just the right amount of socialism...just enough to keep him alive and on the dole.

And....here comes Belly whose so hurt by being wrong again that he has to cast aspersions. I think Rob explained to everyone that SS is not public assistance, it's a benefit. Coach I would say that you have probably been paying into SS and one day you hope to get a check every month too. But for now keep paying in so they have the money to pay Rob and I.

[BoSox]

You know redietz you really need to get your bean waxed. Maybe take a break from what you have been doing and take care of business as this constant talk of yours is getting embarrassing. You go around talking like you just entered puberty. My goodness, you need for some woman to eat tuna off your stomach.

[BoSox]

Thank you.

Well the Chinese guy at my table is the one who commented "tax free." I'm not commenting one way or another on that.

But in any case, Nevada table game wins are not reported to the government at all. It is up to the table game player to pay taxes against any income, just as with any other income.


In the U.S.: One thing you do need to know is that withdrawing or depositing over $10,000. cash in a 24 hour period is reported to the Dept. of Treasury, not so much for tax purposes but for anti-money laundering records. Casino checks or wire transfers of any amount are not reported.

Even Bill Clinton lost his law license. Oh I forgot you don't have to worry about that as you are a big tipper.

[dannyj]

Thank you.

Well the Chinese guy at my table is the one who commented "tax free." I'm not commenting one way or another on that.

But in any case, Nevada table game wins are not reported to the government at all. It is up to the table game player to pay taxes against any income, just as with any other income.


In the U.S.: One thing you do need to know is that withdrawing or depositing over $10,000. cash in a 24 hour period is reported to the Dept. of Treasury, not so much for tax purposes but for anti-money laundering records. Casino checks or wire transfers of any amount are not reported.

Thanks MDawg. That’s good info.

[dannyj]

MDawg, how come you did not run for president of the United States?

I did notice that MDawg loses about as often as the president admits he did something wrong. MDawg is younger and fitter. Definitely a better writer. Their grasp of probability is probably about a wash. So yeah, I'd vote MDawg for president.

See, dannyj was right. There IS a chance. I'm writing in MDawg for president instead of voting for Biden.

I don't mind the lack of a last name for MDawg, but I should at least write in a middle initial or something come November. Let me know what initial I should attach. I assume it's "W," but not sure.

Good one red. See, the odds are already less than 1,000,000 to 1.

[coach belly]

And....here comes Belly whose so hurt by being wrong again that he has to cast aspersions. I think Rob explained to everyone that SS is not public assistance, it's a benefit.

What was I wrong about?

SS may be considered a benefit for those who contributed, but it's welfare for those who didn't.

Day laborers don't pay into SS or Medicare or Medicaid, which of these public assistance programs are you looting?

[BoSox]

Assuming that one of the newer members could only be an excellent attorney considering his latest gambling track record history, I wonder if he ever flew with (allegedly of course) Alan Dershowitz, and Bill Clinton to visit the late Jeffrey Epstein's island?

[mickeycrimm]

And....here comes Belly whose so hurt by being wrong again that he has to cast aspersions. I think Rob explained to everyone that SS is not public assistance, it's a benefit.

What was I wrong about?

SS may be considered a benefit for those who contributed, but it's welfare for those who didn't.

Day laborers don't pay into SS or Medicare or Medicaid, which of these public assistance programs are you looting?

Day Laborers, that work thru the private labor companies pay all that. And day labor isn't the only thing I've done. I was a regular working stiff for 20 years. SS is not public assistance. Is Rob is on public assistance. You know you are to chickenshit to insult Rob.

[mickeycrimm]

And....here comes Belly whose so hurt by being wrong again that he has to cast aspersions. I think Rob explained to everyone that SS is not public assistance, it's a benefit.

What was I wrong about?

SS may be considered a benefit for those who contributed, but it's welfare for those who didn't.

Day laborers don't pay into SS or Medicare or Medicaid, which of these public assistance programs are you looting?

I haven't been looting them so far but if you insist I may as well do it. Yes, I think I will. Anything to piss you off. Now don't be late for work, numnuts, you need ot keep working and paying in so I can live the good life. Thanks.