Casino The Adventures of MDawg

Well my net worth is in the multi-millions of dollars, a blend of real estate, stocks, IRA's, EFT's, mutual funds and of course cash.

Llifetime I've lost about sixty-four thousand dollars to the casinos, having played regularly since the mid-nineties.

I've told you before that I could play at your level if I chose to, I simply don't see the need or feel the desire to put huge sums into play.

I've no problem or issue with you or anyone else betting big; my post only made the point that folks who do so should not use that as a platform to judge themselves somehow "better" than folks who bet less.

Money is of course important, but only when there is a lack of funds. once you've amassed enough to pay for your needs and your reasonable wants the remainder is superfluous.

MDawg, I've busted your balls before for one reason: your brag of having won fifty sessions in a row, or whatever the outrageous claim was along those lines.; your focus on that shows how central money is to your notions of self-worth.

I suggest you study Zen.

 

Let's not argue about net worth, other than to mention that your figures above contradict what you posted another time which spoke of maybe a million combined between house and liquid assets. But the reason you can't play at my level or even convince the casinos to extend you casino credit at the levels they give to me is you're like most people, you lack cold hard cash to the tune capable of playing at my levels, so no, there is absolutely no way you could play at my levels either for cash deposited or level of credit extended. Even if you liquidated everything you own even at the few million dollar figure to which you allude (today), still you couldn't play at my levels, wouldn't be enough, except maybe at 1 or 2 casinos not many, and I do play at the same level at many, and anyway WHY would you liquidate everything anyway? Point being that for me to play at the levels I play, it represents just funds on deposit which represent a fraction of total funds on deposit, all liquid. Real estate, stocks, none of that translates to casino playing power.

I don't think you really understand this type of high level casino action. Put it this way, I could step it down and play the way you do, but you could never play the way I do.

However, that's not the point of my post and if you think it was, you missed its point. You could reread what I wrote, but to reiterate, some people get their kicks from gambling. You're one of those people, and there is nothing wrong with that was the further point of my post. I get my kicks only from winning.

 

Getting back to the UNKewl one, let's just say that he continues to write about stuff that he just read about and knows little about in person. That includes table game action, casino comps, all that. And who knows why he doesn't know much about how it really is on the Vegas Strip. Maybe he has a condo that looks only out the back west side and leaves it only to dart further west to Dotty's and play video poker. He might as well be in Summerlin for what he apparently knows about the Strip and how things work here.

accountinquestion on the UNKewl one: You on the other hand are not that believable

 

I actually don't think MrV has ever obtained a casino credit line in his life. To get a million dollar line it's not like a typical loan where they look at your net worth, income, and such. You have to have a million or more on deposit in a straight regular personal checking account in your name with an ACH routing number, for a good period of time (at least a few months). End of story. No ifs ands or buts. And a person that keeps that kind of money in his personal checking account has a whole lot more liquid elsewhere.

They're not giving you casino credit because they think you can repay it. They're giving you casino credit against cash on deposit so that they are certain you can repay it.

And that's just to get one million line, let alone ten.

Beyond cash on deposit, yes, the casinos do want to make sure that if you lose it you may pay it back, quickly, and keep going, they don't want you on your last leg, but in any case, talking about but I own real estate I have an IRA I have stocks will get you about as far with achieving a multi million dollar casino credit line as crowing about how much your stereo system cost you.

 

MrV you could never play at my levels.

 

I played with a credit line at MGM.

Why couldn't I play at your level?

All it takes is money, and I have quite a bit of that.

Hell, after practicing law for forty years I should.

Real estate worth about a million.

Cash on hand, and in banks : over $600K.

IRA's, annuity, stocks: over $500K.

Plus a summer home in NH on Lake Winnipesaukee.

Again, I could play at your level if I wanted, but if I did I would not play that way too often as it would irk me to lose a lot playing the negative expectation games I chose to play.

 

Well, without getting into details, my lines are higher than 500K each, and I have about ten lines.

What you describe could get you one 500K line, maybe, but if you lost it you'd be wiped out as far as the liquid assets the casinos count. They don't count real estate, IRAs, annuities, stocks. So then you'd have to start liquidating assets to keep playing, and that's no way to be.

And in any case, you wouldn't want to play at even that 500K level. You play and lose, at what looks to be the equivalent of the house edge or thereabouts? So your increasing your action would just mean you lost more, why would you want to do that?

 

I wouldn't want to, you are correct.

I COULD play at your level, albeit briefly perhaps.

That you have lots of money allows you to play at high levels IF THAT IS WHAT YOU WANT.

Me, I play at low levels not because I HAVE TO, but because I am comfortable doing so, it is how I WANT to play.

I read that Bill Gates was a five dollar blackjack player, and he enjoyed winning even a small amount.

I'm certainly no Bill Gates.

 

I play to win. I play at higher levels because it is part of why I am able to negotiate better table games rules. I play at higher levels to win more, to win sums that at least mean something, maybe not always a lot, but at least something. That's my incentive to play more (as in at higher limits) - to win more!

And yes it's true I have watched Bill Gates play, he USED to play red chip action only. I was in Vegas during a CES show, was towards the end of the 1990s, and I saw him playing at a regular public table. He was hamming it up and acting surprised and happy when he won a hand, which maybe he wasn't acting at all and was genuinely excited. I understand that at some point in the 2000s he stopped playing even red chip level, and never plays at all. Casino play isn't everyone's bag.

On the other hand I have watched Charles Barkley play more than once, and that guy used to play to the limit of his available assets, getting into trouble paying off his casino debt more than once. But he always managed to pay and keep playing, and still does. He's a million dollar per trip type player, and has dumped a mill in a trip more than once.

 

I play for the fun of it, for the stimulation: the quasi mini-knife edge I stand on every time I put money at risk.

Remember what I said earlier about money?

Once you have enough (and I do) there is no real need to acquire more, but many folks forget that and devote their entire efforts to acquiring more, more, more ... and to what end?

Money is a means to the end, not the end game itself: at least that's how I look at it.

I feel pity and a bit of contempt for the Titans of Industry who devote their entire life to acquiring wealth: what a stunted world view.

It could be that you need to Bet Big in order to experience the rush, the stimulation I feel when betting smaller amounts: if so you and players like Barkley have been anesthesized.

 

I've been in LV a handful of times when it's been faster to walk the strip than drive -- a couple of Labor Day weekends come to mind. My problem with the current situation is that I was driving on Wednesday and Thursday, not a holiday or weekend, and the Industrial/Dean Martin and all that were jammed up, Paradise had its usual little of bit of semi-construction going on, and the strip was one lane in each direction without an attempt to adjust pedestrian crossing timing or entrances to hotels, which jam things up. And I was told the endgame of this mess is November.

Good to know, because I'll only rent a car for a one-day South Point excursion in the future, and I'll rent it from whichever hotel is closest to where I'm staying.

Here's a question -- those lane-change signs on the cones that steer you into the proper cone lanes -- they are about 18 inches by 18 inches. They're so small. You can't read or even see them until you're within a car length. What good are they? And what possible good would they be at night?

 

The funny thing about sports betting is that once the bet is made, for me the bet is finished. Literally half of my wagers are on events I do not watch live. When I do watch a game on which I've wagered, I watch it the same way I watch a game sans wager. The wager was finished when I made it, not when the game is played.

My point is I feel nothing. I get more dopamine discussing the lousy traffic.

 

Could be because you approach gambling in a business-like manner, as a means to making money.

Me, it's a means to relaxing, the having fun, to taking risks that won't bite me in the ass when / if I lose.

Gotta trigger that gambling rush dontcha know...

 

Gearing up for tournaments and promos.

 

Tournaments in progress, doing well so far.

Been running around town picking up free promo chips, converting some to cash with wins at the tables, others holding on to to play all at once in larger accumulated sums.

 

As far as actual play (not counting promo chips) for this late Spring 2023 trip, up about +$10K so far, playing DD Blackjack.

 

No...you aren't. Liar!

 

Here is one of the new "Mended" look Polo shirts. Will set you back $198. to look like a torn worn old shirt.




In Vegas, as in many other cities, there are Polo outlets where you may purchase a lot of Polo goods at discount prices.
But I rarely if ever see Purple Label at the outlets.

I got this Purple Label and the "Mended" Polo Shirt at the regular RL shop in the Forum Shops. Buying something or other makes the wins at the tables seem for real. I don't always do that, more often than not I just stick the cash in an envelope (The "Winner's Envelope") or deposit the check and don't think much more about it.

 

Seriously? That is bizarre. Why'd you buy the "mended" thing?

Well, if stressed jeans are a thing, why not mended polo shirts? I'm not sure what it says about culture in general, but it sure seems strange to pony up (get it, pony up?) extra money to attempt a Beverly Hillbillies panache.

I wandered through the Forum Shops last week. I miss the toy store with the giant horse and the xylophone you can dance on.

 

I'm not into jeans too often let alone distressed ones, but one of my favorite pairs is a somewhat distressed looking one not so much torn but faded looking.

As far as the Polo shirt it just looked cool to me, I liked the color. At first I noticed the faded spots on it and thought something was wrong with it and then realized all that was intentional.

Forum Shops are still pretty high end although it's not concentrated high end like say Wynn or Bellagio where every shop is high end (and there are not so very many shops). The shops that must be suffering are on the second floor of Resorts World, who even strolls past them?