The WoV Thread

[LarryS]

Actually, it is easy. I am the clone of Monet.

deech, i couldnt find the exact post but how can you deduct 2500 from taxes per month out of your insurance premium if you are retired?

My health insurance is though Massachusetts Health Connector. I paid $2,100 per moth last year. It was probably based on my income. I now pay $250 per month
This is not how heath insurance should be handled but that is not my argument. It is all based on income.

It is not perfect for an individual to make money while retired. Or save money on insurance. But then again, isn't that what we are all trying to do?

i understand all the above...i just didnt understand your tax credit position. you said you get a 1250 tax credit

[RS__]

RS wrote:

"We pay people to play stuff for us. If there's a good promo that's worth $500/hour for 24 hours, we'll pay someone just to play it for us. They get paid $X/hr and we book all the action, wins and losses.....or whatever deal is made up ahead of time."

Really? $500 an hour?

I'm not anti AP but I am going to ask you to prove this happened. Since it was in the past you should have no problem telling what casino and when?

WhIle I am not anti AP I am anti bogus claims. But if this really happened tell us where and when. If this was just a flippant comment just say so and I'll let it pass.

I had a feeling you were going to look for one little thing you don’t believe and be like, “Aha! See?! It’s all fake!!!”

I’m not sure why you think everything anyone writes about AP is made up. No, the $500/hr promo isn’t made up. I’m obviously not going to write it out when/where/how since (surprise surprise) this stuff’s worth a lot of money. Frankly, I wrote $500 because I thought that was more believable than some plays that are worth much more per hour (fewer hours though, like 2-3).

Whatever, that’s not the point to any of this. Let’s say something is worth $200/hr and I pay someone $20/hr to play it for me. So this guy is making an extra $20/hr on that weekend. If he plays from 10am-10pm, he’s made $240 for the day plus a bonus most likely if he does well or the group does well. That’s about 30 hours worth of minimum.

EDIT: Would you consider an AP who pays people to play to be beneficial to society?

[Rob.Singer]

The #1 reason people file for bankruptcy is illness usually cancer without sufficient insurance. For them a second job is out of the question and they probably can't work even one job.

https://m.huffpost.com/us/entry/6887642

It was 1996. Illness wasn't my issue and I've explained it here before when arci blew his stack over me. But I'll be happy to go over it once again because it was a stepping stone to our financial security.

First off I lost about $45k/year on apvp for 6-1/2 yrs., and while that may seem a lot back then to the scrapers-by here, I didn't even feel it. The bigger issue was buying a piece of land in Calif. for six figures that turned out to be a scam and I lost it all. I was out of the country 75% of the time and didn't do my homework like I should have. So we filed to eliminate that debt, and before the BK laws were changed they couldn't touch our significant 401k's, so I took complete advantage of that and a few other loopholes. In short, it was a very positive experience, but as regnis could probably tell you, the law changed since then and it would be a VERY different outcome today.

Now I've also talked about how I took huge advantage of IRS law for the 10 years I filed as a professional gambler. Few people do that--even Jean Scott and her infamous Chinese tax atty. don't even have access to the kind of legal tricks I did with my son-in-law at the time.

Yes, every time I took my wife out to dinner, that was a business expense, which for those of you on the sidelines who don't know, is a direct deduction from income. Why? Because I was a pro gambler, a writer, and a consultant to other VP players as I called it. And my wife was my volunteer assistant whom I discussed business matters with at every meal out.

As for the partial grocery deductions--I had many BBQ parties in my backyard, and there were always times I had one or more of my "clients" over. Thus the groceries deductions. And why would the IRS allow this? Because I pro-actively showed them their own guidelines on saving the Govt. money by choosing the cheaper of the two: an expensive meal out...or a far cheaper meal in the back yard.

These were just some of the things that not only professional gamblers should be checking on in any way possible, but ALL schedule C filers should be trying to find out about. Think GE, who used to pay lots of taxes until they smartened up and hired roomfulls of ex-IRS employees to do their taxes. They went from paying hundreds of millions to paying none.

It's all there folks, and you don't have to be a super special phantom bucks expert to be able to utilize these bankruptcy and tax tools.

[mickeycrimm]

I need to know: how did the casino make a ton of money?

They didn't. They lost their asses. This is just another one of Rob's make believe claims that the casino won. Trying to create a customer pool they gave the money away to new sign-ups for running very little action. The homeless got a cut of the money just for getting the card, delivering it to the pro who ran the action as they waited by, then picking up the money and delivering it to the pro who gave them their cut and they went on their merry way.

The Westin lost their asses, cancelled the promotion, and never attempted to do anything like it again.

[Deech]

deech, i couldnt find the exact post but how can you deduct 2500 from taxes per month out of your insurance premium if you are retired?

My health insurance is though Massachusetts Health Connector. I paid $2,100 per moth last year. It was probably based on my income. I now pay $250 per month
This is not how heath insurance should be handled but that is not my argument. It is all based on income.

It is not perfect for an individual to make money while retired. Or save money on insurance. But then again, isn't that what we are all trying to do?

i understand all the above...i just didnt understand your tax credit position. you said you get a 1250 tax credit

Yes, the Connector Care Health Plan is run by each state independently (probably under different names). The one key restriction is that you must not have access to "an employer's affordable, comprehensive health insurance". Since I have been working for myself for 15 years and my wife decided to retire 12 years ago, we fit the criteria.

The tax credits are based on the Federal Poverty Level (FPL). In Massachusetts, credits are given up to the 300% of the FPL. A family of 4 can receive credits if the household income is less than $73,800. A family of 2 is $48,720.

I now have basically the same coverage I had previously. My new monthly rate is approximately $1,500 per month. I am getting a tax credit (in advance) of $1,250 per month. Thus, my bill each month is $250.

It took me over a year to figure this out. On the advise of my wife's financial advisor, I called a total stranger to learn the rules. Apparently, he is very wealthy, but like all of us, he did not want to overpay for healthcare (my guess is that he was between 55 and 65 in age).

Not to be sarcastic, but since many of those who post on this forum are probably self employed, it would be beneficial to inquire about your states' benefits. Again, it is based on income, not your overall assets.

[Rob.Singer]

I need to know: how did the casino make a ton of money?

They didn't. They lost their asses. This is just another one of Rob's make believe claims that the casino won. Trying to create a customer pool they gave the money away to new sign-ups for running very little action. The homeless got a cut of the money just for getting the card, delivering it to the pro who ran the action as they waited by, then picking up the money and delivering it to the pro who gave them their cut and they went on their merry way.

The Westin lost their asses, cancelled the promotion, and never attempted to do anything like it again.

This is mickey talking as if he was a part of something he never was again, and as if he has some kind of inside information.

I was deeply involved in the Casuarina promotion because this was the event that triggered the huge challenge I publicly issued to Fezzik, HP, etc. in Gaming Today and the LV Sun. The Casuarina is where my escrow was held and I picked that casino/they accepted to hold escrow for my bet, because they read my first of two articles about their promo and agreed with it.

The AP community was hell-bent on ridiculing them, blindly claiming how the casino got "hammered" and made a big mistake. It was an intriguing story so I interviewed them several times--during and after. They showed me the internal reports on the results: it was very similar to what happened at Wynn when I got them to put those FPDW etc.25c thru $1 machines in: very profitable due to extremely high volume but low profit margin, and both promos had to end because of large numbers of complaints from the greater volume of non-participating customers. In other words, the long lines out the door for the slot club doomed the event, and it would not occur again.

Now I get how mickey and some other hard core ap's want the record to read differently because that's the scenario and outcome that makes them feel good, but the record of facts speaks an alternate language. Casuarina wanted it to be known that they didn't appreciate local AP's doing what they did with all that recruiting, which is why they went on record when my articles were published.

The truth is, these AP's wreck just about everything that comes their way. They ruined a good thing at Wynn, they got out-smarted by the Revel promotion when they thought they were more clever than casino mgmt., and they blew a good thing at the Westin.

Maybe if they had just a little more education, things would have turned out better.

By the way, before the wimp complains--I'm posting because after we picked up our son in Tucson my wife came down with a slight cold so we're waiting in Phx. for a few days.

[mickeycrimm]

And the judgments against him for non-payment of apartment rent are just a few years old.

When did he file bankruptcy, and has anybody bothered to contact the bankruptcy court to view the bankruptcy file?

You can learn a lot about a person that way, if you really want to (not that you should, but you could).

As for the judgments: what court/where, what amount, and has he satisfied them yet or are they still unpaid?

Sometimes decent, solvent people get sued and have judgments entered against them, but they then pay them off / satisfy them ASAP in order to try to "make things right" and begin to rebuild their shattered credit.

A judgement against Rob in 2011 for $958. The plaintiff was an apartment complex in Arizona. When it was brought up on this site a few years ago Rob gave some explanation about stiffing the landlord.

In 2005 Rob was charged with forceable entry at an apartment complex in Arizona. Don't know the disposition.

[mickeycrimm]

I need to know: how did the casino make a ton of money?

They didn't. They lost their asses. This is just another one of Rob's make believe claims that the casino won. Trying to create a customer pool they gave the money away to new sign-ups for running very little action. The homeless got a cut of the money just for getting the card, delivering it to the pro who ran the action as they waited by, then picking up the money and delivering it to the pro who gave them their cut and they went on their merry way.

The Westin lost their asses, cancelled the promotion, and never attempted to do anything like it again.

This is mickey talking as if he was a part of something he never was again, and as if he has some kind of inside information.

I was deeply involved in the Casuarina promotion because this was the event that triggered the huge challenge I publicly issued to Fezzik, HP, etc. in Gaming Today and the LV Sun. The Casuarina is where my escrow was held and I picked that casino/they accepted to hold escrow for my bet, because they read my first of two articles about their promo and agreed with it.

The AP community was hell-bent on ridiculing them, blindly claiming how the casino got "hammered" and made a big mistake. It was an intriguing story so I interviewed them several times--during and after. They showed me the internal reports on the results: it was very similar to what happened at Wynn when I got them to put those FPDW etc.25c thru $1 machines in: very profitable due to extremely high volume but low profit margin, and both promos had to end because of large numbers of complaints from the greater volume of non-participating customers. In other words, the long lines out the door for the slot club doomed the event, and it would not occur again.

Now I get how mickey and some other hard core ap's want the record to read differently because that's the scenario and outcome that makes them feel good, but the record of facts speaks an alternate language. Casuarina wanted it to be known that they didn't appreciate local AP's doing what they did with all that recruiting, which is why they went on record when my articles were published.

The truth is, these AP's wreck just about everything that comes their way. They ruined a good thing at Wynn, they got out-smarted by the Revel promotion when they thought they were more clever than casino mgmt., and they blew a good thing at the Westin.

Maybe if they had just a little more education, things would have turned out better.

Rob always has some make believe nonsense about why promotions get cancelled. If they were concerned about long lines bothering people they could have limited it to so many new signups a day. Rob is full of shit as usual. For some reason he thinks marketing types never make mistakes in designing promotions. That they are better at the math than Michael Shackleford. David Sklansky made a lot of money consulting with casinos and teaching them how to put on promotions that AP's can't easily beat. The reason they hired him was they got burned to many times.

Another dumb ass thing Rob does is take the word of a casino exec as 100% gospel truth. For the most part they don't like admitting they designed a promotion so poorly that even the homeless could beat it. And the only way AP's wreck a promotion is simply by playing by the rules that the marketing types designed for the promotion. It's called legitimate strategy and all available information. When the execs see they are getting hammered they pull or modify the promotion.

[MisterV]

A judgement against Rob in 2011 for $958. The plaintiff was an apartment complex in Arizona. When it was brought up on this site a few years ago Rob gave some explanation about stiffing the landlord. In 2005 Rob was charged with forceable entry at an apartment complex in Arizona. Don't know the disposition.

Sounds like he was involved in two separate legal matters both of which involved a rental of real property, the first obviously for non-payment of rent.

I say "two" because the second one, which you say involves being "charged with forceable entry at an apartment complex" is likely not criminal, but civil.

Sounds like the Arizona equivalent of "forcible entry and unlawful detainer," aka an eviction.

Odds are he didn't pay the rent, although other causes could warrant such an action, such as failing to timely move out after receiving notice to do so.

If in fact the 2005 action was for failure to pay rent then it looks like Rob got sued twice for not paying rent after his bkcy ended.

Would a solvent, financially successful person be involved in such legal actions?

[Alan Mendelson]

I still don't understand how the casino made money after handing out $600 sign up bonuses? Is the casino saying they got all the money back from increased gsmbling? Did the homeless gamble it back?

Wait, did the homeless have valid ID? Were the students 21 and older?

[Rob.Singer]

There were "AP's" who supplied fake ID's for recruits who didn't have them or weren't 21. I remember each being paid $50 for getting involved.

I don't recall the exact promo (if it was free play or whatever) but what it did was get players in the door to play, and that's exactly what they did. What the casino knew that everyone else knew and knows, is that even when players claim they'll stop at a certain point, ap's aren't programmed to do that and as a result, the vast majority of sign-ups did what just about every gambler who comes down the pike does--they play on and lose. The $600 cut into the margin % so in that regard it wasn't successful, but it did make money. The thing that killed it though were the lines and the manipulations.

[Rob.Singer]

A judgement against Rob in 2011 for $958. The plaintiff was an apartment complex in Arizona. When it was brought up on this site a few years ago Rob gave some explanation about stiffing the landlord. In 2005 Rob was charged with forceable entry at an apartment complex in Arizona. Don't know the disposition.

Sounds like he was involved in two separate legal matters both of which involved a rental of real property, the first obviously for non-payment of rent.

I say "two" because the second one, which you say involves being "charged with forceable entry at an apartment complex" is likely not criminal, but civil.

Sounds like the Arizona equivalent of "forcible entry and unlawful detainer," aka an eviction.

Odds are he didn't pay the rent, although other causes could warrant such an action, such as failing to timely move out after receiving notice to do so.

If in fact the 2005 action was for failure to pay rent then it looks like Rob got sued twice for not paying rent after his bkcy ended.

Would a solvent, financially successful person be involved in such legal actions?

mickey was told why the apt. was abandoned only it doesn't fit his scenario. We sold our house and moved into an apt. while we waited for our new RV to arrive for a 5-year living and travel life. It arrived early so I simply left before the lease expired. Judgements mean nothing when you're retired with SS, pensions, and 401k's. Another "advantage play" that most AP's aren't smart enuf to know about.

This "forced entry" claim is new to me. Sounds like I should be in jail, right? See if you can find more information on that. 2005 is the same year I put $640,000 cash in escrow at the Casuarina for the public AP challenge. Maybe I STOLE the money from somewhere or someone....how's that scenario fit mickey?

[Bill Yung]

Isn't it true that he who dies with the most debt wins?

Certainly, not when it's a debt you owe to yourself. That's what we lose track of with the "AP" stuff.

[MaxPen]

A judgement against Rob in 2011 for $958. The plaintiff was an apartment complex in Arizona. When it was brought up on this site a few years ago Rob gave some explanation about stiffing the landlord. In 2005 Rob was charged with forceable entry at an apartment complex in Arizona. Don't know the disposition.

Sounds like he was involved in two separate legal matters both of which involved a rental of real property, the first obviously for non-payment of rent.

I say "two" because the second one, which you say involves being "charged with forceable entry at an apartment complex" is likely not criminal, but civil.

Sounds like the Arizona equivalent of "forcible entry and unlawful detainer," aka an eviction.

Odds are he didn't pay the rent, although other causes could warrant such an action, such as failing to timely move out after receiving notice to do so.

If in fact the 2005 action was for failure to pay rent then it looks like Rob got sued twice for not paying rent after his bkcy ended.

Would a solvent, financially successful person be involved in such legal actions?

mickey was told why the apt. was abandoned only it doesn't fit his scenario. We sold our house and moved into an apt. while we waited for our new RV to arrive for a 5-year living and travel life. It arrived early so I simply left before the lease expired. Judgements mean nothing when you're retired with SS, pensions, and 401k's. Another "advantage play" that most AP's aren't smart enuf to know about.

This "forced entry" claim is new to me. Sounds like I should be in jail, right? See if you can find more information on that. 2005 is the same year I put $640,000 cash in escrow at the Casuarina for the public AP challenge. Maybe I STOLE the money from somewhere or someone....how's that scenario fit mickey?

Basically, you're a self proclaimed deadbeat. Got it. Never mind the lease you signed and honoring your commitments. Bet you would have cried like a little bitch had the owner told you to get out a couple months before the lease was up.

[Alan Mendelson]

Isn't it true that he who dies with the most debt wins?

Certainly, not when it's a debt you owe to yourself. That's what we lose track of with the "AP" stuff.

It's a joke. But I guess you never heard it.

[Bill Yung]

Yes, of course. But a joke that appears to be lost on so many here.

[Rob.Singer]

Sounds like he was involved in two separate legal matters both of which involved a rental of real property, the first obviously for non-payment of rent.

I say "two" because the second one, which you say involves being "charged with forceable entry at an apartment complex" is likely not criminal, but civil.

Sounds like the Arizona equivalent of "forcible entry and unlawful detainer," aka an eviction.

Odds are he didn't pay the rent, although other causes could warrant such an action, such as failing to timely move out after receiving notice to do so.

If in fact the 2005 action was for failure to pay rent then it looks like Rob got sued twice for not paying rent after his bkcy ended.

Would a solvent, financially successful person be involved in such legal actions?

mickey was told why the apt. was abandoned only it doesn't fit his scenario. We sold our house and moved into an apt. while we waited for our new RV to arrive for a 5-year living and travel life. It arrived early so I simply left before the lease expired. Judgements mean nothing when you're retired with SS, pensions, and 401k's. Another "advantage play" that most AP's aren't smart enuf to know about.

This "forced entry" claim is new to me. Sounds like I should be in jail, right? See if you can find more information on that. 2005 is the same year I put $640,000 cash in escrow at the Casuarina for the public AP challenge. Maybe I STOLE the money from somewhere or someone....how's that scenario fit mickey?

Basically, you're a self proclaimed deadbeat. Got it. Never mind the lease you signed and honoring your commitments. Bet you would have cried like a little bitch had the owner told you to get out a couple months before the lease was up.

Yeah a deadbeat for sure. That's how you guys like it so we'll go with that. Even when the article appeared in the papers identifying how much and where the escrow was, the collection of envious AP's re-started in on my old bankruptcy--just like mickey & redietz do every time they get out-insulted or out-smarted by me--which is entertainingly often! And you can bet mickey's still trying to concoct other stories right this moment. After all, what else does he have?

Which brings this to mind: Nobody really cares if they stiff a deserving creditor or not. Ever. The apt. owner could have done the noble thing for an older couple and just let it go. But the stupid yuppie wanted to show how smart he was by suing me, and just like it is for everyone who likes to think they can out-do me on common sense issues, his outfit spent all that time and money for nothing and he ended up with nothing from me and only put a useless ding on my credit I expect. Which of course means nothing when you pay cash for everything including large ticket items.

[Alan Mendelson]

Yes, of course. But a joke that appears to be lost on so many here.

Of course this site lacks a sense of humor which is why everyone went into a tizzy over Rob's comments that Mickey's photos were lifted from casino websites. By the way mickeycrimm did you ever take photos of the rooms and baths? I seem to have missed them.

But being serious: I think it's been a long, long time since anyone was able to use phoney ID in a casino, mickeycrimm.

Rob, I don't care if you're retired or not I'd hate to have a judgment against me especially when you're so rich you could either pay it or negotiate a settlement.

[redietz]

mickey was told why the apt. was abandoned only it doesn't fit his scenario. We sold our house and moved into an apt. while we waited for our new RV to arrive for a 5-year living and travel life. It arrived early so I simply left before the lease expired. Judgements mean nothing when you're retired with SS, pensions, and 401k's. Another "advantage play" that most AP's aren't smart enuf to know about.

This "forced entry" claim is new to me. Sounds like I should be in jail, right? See if you can find more information on that. 2005 is the same year I put $640,000 cash in escrow at the Casuarina for the public AP challenge. Maybe I STOLE the money from somewhere or someone....how's that scenario fit mickey?

Basically, you're a self proclaimed deadbeat. Got it. Never mind the lease you signed and honoring your commitments. Bet you would have cried like a little bitch had the owner told you to get out a couple months before the lease was up.

Yeah a deadbeat for sure. That's how you guys like it so we'll go with that. Even when the article appeared in the papers identifying how much and where the escrow was, the collection of envious AP's re-started in on my old bankruptcy--just like mickey & redietz do every time they get out-insulted or out-smarted by me--which is entertainingly often! And you can bet mickey's still trying to concoct other stories right this moment. After all, what else does he have?

Which brings this to mind: Nobody really cares if they stiff a deserving creditor or not. Ever. The apt. owner could have done the noble thing for an older couple and just let it go. But the stupid yuppie wanted to show how smart he was by suing me, and just like it is for everyone who likes to think they can out-do me on common sense issues, his outfit spent all that time and money for nothing and he ended up with nothing from me and only put a useless ding on my credit I expect. Which of course means nothing when you pay cash for everything including large ticket items.

Argentino, if you'll check you'll see that I have not criticized you for your bankruptcy. I actually think I made an error by not using bankruptcy 16 years ago. We had no "mortality insurance" on the house, and we were less than a year into the mortgage. I think that was a prime opportunity, and frankly I should have utilized it. I was concerned with my reputation and credibility, but it was still the correct thing to have done.

[MisterV]

Yes, of course. But a joke that appears to be lost on so many here.

Of course this site lacks a sense of humor which is why everyone went into a tizzy over Rob's comments that Mickey's photos were lifted from casino websites.

The problem with the above conclusion is that Rob included no indication whatsoever that his comment was a joke.

By your thinking we should believe that everything he posts is a joke.

I'm down with that.