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Lost $3,000 on high limit slots

smart_alek

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Jan 25, 2004
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What makes it worse is that I have a side hustle, delivering groceries for Instacart. It's very hard work, and I average only $15 an hour, before expenses. In the last two years, I made $15,000, working about 1,000 hours. Most of that ($10,000) was wiped out in less than six hours of slot play.
Goddamnit man. Instacart? Are you losing money using your own vehicle?
 

stinkynuts

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Jan 4, 2005
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Goddamnit man. Instacart? Are you losing money using your own vehicle?
Probably not, but only because I choose jobs with relatively high tips. Otherwise it wouldn’t be worth it. Also, why I don’t do Uber eats or DoorDash: the gas and wear and tear on the car wouldn’t make it worth it.
 

Robert Mugabe

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Nov 5, 2017
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Probably not, but only because I choose jobs with relatively high tips. Otherwise it wouldn’t be worth it. Also, why I don’t do Uber eats or DoorDash: the gas and wear and tear on the car wouldn’t make it worth it.
So if you like none of the advice offered..... Play Low Limit Slots. :)
 
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superstar_88

The Chiseler
Jan 4, 2008
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im not so sure that you would be banned for winning at poker........if you are a winning player you are taking $ from other players....the casino takes a rake from each hand so it doesnt care who wins or loses
Not sure? Absolutely you do not get banned for winning at poker unless you are cheating.
Same can be said for black jack. Banned only for cheating or counting cards.
Casino does not ban anyone for being lucky.
 

Robert Mugabe

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Nov 5, 2017
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Not sure? Absolutely you do not get banned for winning at poker unless you are cheating.
Same can be said for black jack. Banned only for cheating or counting cards.
Casino does not ban anyone for being lucky.
"Casino does not ban anyone for being lucky."
Not really any need to is there?
 
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superstar_88

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"Casino does not ban anyone for being lucky."
Not really any need to is there?
Casino loves you
Dana White was banned because they suspected him of cheating.
That is enough to ban a player from playing black jack and your take on poker players being banned for winning is just ludicrous.
Ever heard of Daniel Negreanu? He is a winning poker player. Has he ever been banned from any casino?
 
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Phil C. McNasty

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Dec 27, 2010
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Absolutely you do not get banned for winning at poker unless you are cheating
Thats not what I've heard (and read):


Casinos don't want to come right out and say that they ban winning players, as that would be bad for business.

Instead, they'll usually give a non-answer and move on to something else.

The reality, however, is that casinos (online and live) will both absolutely either limit or ban players for winning too much.

That's a fact.

Here is a well-publicized example - Dana White.

Dana White, who is the President of the UFC, is a notorious gambler.

More specifically, Dana White loves to play blackjack and has been known to win millions of dollars.

Now, Dana White has both been limited and banned from casinos for winning too much.

In one instance, a casino decided to limit White to $5,000 per blackjack hand, and he vowed to never return.

In other instances, casinos have outright said that White is no longer welcome.

The reason? White won too much money at the blackjack tables.
 

xmontrealer

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May 23, 2005
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So if you like none of the advice offered..... Play Low Limit Slots. :)
That's what I do when playing Blackjack online. I play Blackjack online to have an hour or two of fun when I have nothing else to do. I play on the BetRivers site, and only live dealer games. I play at the minimum $5 bet tables as my purpose is to be entertained, not to lose money that I care about.

Since I play using the "'Blackjack Basic Strategy" that can be found in many books on Blackjack, I am actually a bit up since I began playing, a few hours a week, several months ago. I never bet more than $5 per hand, except for doubles and splits of course, and if I run into a "buzz saw" dealer I quit and watch TV, or go on terb lol.

I never chase my losses if I start losing. I usually set a time limit to play and quit when that is up whether I'm up or down, and if I'm having a really good run which seems to be changing I will quit after 3 straight losing hands, or at the end of the current shoe.

It may be hard to believe but I find even the $5 bets fun, and don't need the extra "juice" of placing higher bets. Anybody who gambles at any casino game other than poker is destined to lose over the long run. Imho it's just a matter of getting used to the lower bets so you still get a bit of a kick out of playing the game.

I tried playing the one-on-one computer dealer games on BetMGM at the start, with their $1 minimum bets. Since it's just you and the dealer that game is super-fast but I don't trust the casino's algorithm as I feel they set the house edge higher than in the live dealer game. In general I prefer BetRiver to BetMGM even in the live dealer game, although I believe both are honest.

For what it's worth...
 

stinkynuts

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Thats not what I've heard (and read):

I think tjey banned a poker player who played blackjack. But he was not banned for playing poker. They only ban people who are winning and counting cards/cheating. If you are winning because you are skilled poker player, they don't care, since you are winning money from other players, not the casino. But with blackjack, you are winning fromt he casino's money.
 
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superstar_88

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Jan 4, 2008
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Thats not what I've heard (and read):

Casino's are gambling yes but they gamble with a guarantee rate of return based on sample size.
So of the millions of casino goers certainly some will win and some will lose but the casino will "win" based on all the bets made by every casino patron not just the one or two. The difference with Dana White is there are not millions like him and even if the casino has a 1% margin that can only be a guarantee return based on a large enough sample size.

Look at it from this standpoint. A player betting a million dollars but playing 1 dollar a hand is guaranteed to lose at the 1% margin rate after a million hands. However, a player making one bet for a million dollars is able to win the million 49.5% of the time even though they are more likely to lose than to win. So both players are betting a million dollars but one has a zero chance to win a million whereas the other has a 49.5% chance to win a million. Huge difference even though both are betting a million dollars. The casino knows this. Hence why they are not banning White. They are giving him the option of betting his million dollars but in smaller increments. He chose not to take that option.

The other thing about blackjack is 1% margin is if you play optimally. Most people do not play optimally.
 
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superstar_88

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Doesnt he strictly play the Poker Tour now??
I dont think he still frequents casinos
The world series of poker is played in a casino.
He may not be playing much in casinos but he is not banned in any for winning at poker.
 

hard dick tony

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Jan 2, 2023
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I also heard if you start winning too much at poker or blackjack tables, casinos will start banning you.
This apparently happened to Dana White. He was winning too much.
So whats the point in even gambling then, if you cant beat the casinos long-term??

Dana White getting banned demonstrates both the requirement of both winning more often then losing and the dollar amount - Millions in his case.

That is why casinos will 'limit' a whale player to $5K a hand instead of out right banning them.

We know about Dana White because of his social presence. It does make for entertaining videos to watch about him.
 
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RichardG2020

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Nov 30, 2019
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Not me but my father gambles on horse racing. Done it his whole life and I've seen many a night he come home with the "I fucked up face" on.

Then I had a friend that maxed out his credit cards playing slots at woodbine. His parents had to bail him out of the debt but they eventually straightened him out.

My advice is to completely stop or seek help because I am a firm believer Gamblers don't change. My father told me never gamble but he does it every other weekend.
I am a reformed gambler.

I started off small, and found some early and consistent success. I then thought, “Why not increase my bets, so I can win more money?”

I was then wagering bigger and bigger bets and winning good money.

I thought, I might as well quit my job and gamble professionally.

Eventually, I pissed off the gambling gods and my luck turned. I could no longer win. And when I did win, it took me hours and hours to win a paltry sum.

And yet, I continued to play.

Gambling is more addictive than sex.

I hated how I became dependent on it. I loathed that it occupied my thoughts even when I slept. I was mentally playing card combinations in my head.

I hated not being able to make plans, because my money situation was so volatile.

As such, I quit cold turkey, and have never looked back.

Instead, I channeled my focus and energies into building my businesses and investments, so I think that dulled the urge to gamble.

Sure, over the years, I gamble a bit when I visit Vegas or when I’m on a cruise, but now it’s strictly for entertainment. I don’t rely on it for money.
 

stinkynuts

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I am a reformed gambler.

I started off small, and found some early and consistent success. I then thought, “Why not increase my bets, so I can win more money?”

I was then wagering bigger and bigger bets and winning good money.

I thought, I might as well quit my job and gamble professionally.

Eventually, I pissed off the gambling gods and my luck turned. I could no longer win. And when I did win, it took me hours and hours to win a paltry sum.

And yet, I continued to play.

Gambling is more addictive than sex.

I hated how I became dependent on it. I loathed that it occupied my thoughts even when I slept. I was mentally playing card combinations in my head.

I hated not being able to make plans, because my money situation was so volatile.

As such, I quit cold turkey, and have never looked back.

Instead, I channeled my focus and energies into building my businesses and investments, so I think that dulled the urge to gamble.

Sure, over the years, I gamble a bit when I visit Vegas or when I’m on a cruise, but now it’s strictly for entertainment. I don’t rely on it for money.
It's always good to hear these stories. Recovery from drugs, alcohol, and gambling addiction is possible. Congratulations.
 

xmontrealer

Well-known member
May 23, 2005
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EDIT

The other thing about blackjack is 1% margin is if you play optimally. Most people do not play optimally.
No kidding. If you think you see people playing Blackjack badly in Vegas, its nothing compared to how badly some people play on-line.

I've seen people on-line stand on a 6 and 2 = 8, with the dealer's face card being a 6. I've also seen people pull on 16, again with the dealer showing a break card such as 4,5,or 6. These are 6 or 8 deck shoe games so counting is almost impossible.
 

hard dick tony

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Jan 2, 2023
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No kidding. If you think you see people playing Blackjack badly in Vegas, its nothing compared to how badly some people play on-line.

I've seen people on-line stand on a 6 and 2 = 8, with the dealer's face card being a 6. I've also seen people pull on 16, again with the dealer showing a break card such as 4,5,or 6. These are 6 or 8 deck shoe games so counting is almost impossible.
That's just wild. In person at the casino the peer pressure does make players play mostly book. It's frustrating as hell when someone joins a table that is doing well and goes off book, claiming they know better. You point out how their choice hurt the whole table and they are in denial. You can get up to leave and I usually do but then finding a new table to start at can be a pain on a busy night. This is why I mostly play heads up, single or 3 hands.

The other frustration is players chasing the side bets, perfect pairs is the worse. Playing stupid and betting $25-200 every hand on the side bet. Yeah when they hit 3-4 pairs in 10 hands including a perfect they look genius but then 2 chutes later all their chips are gone as they never leave with it. Those players turn to others not playing it (like me) and instruct me to play, even worse get angry (table slapping, yelling) when my hand gets a pair and I don't have any money on it. At first I would play just $5 a hand on pairs to shut them up and perhaps catch a streak but then they get upset I'm not betting more.

I finally learned when they tell me to do so I put out my hand and say 'give me your money and I will play it on my spot' - 1/10 times they give me chips to play. The other 9 times they freeze up and I follow up with 'exactly, so leave me and my hand alone'. You should hear them talk to their friends at the table about me while I'm still sitting there, lol.
 
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