• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

'Eurovegas' giant casino plan in Spain cancelled

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #21
    Was a member of a casino in Glasgow back in the day when you had to be vouched for by two existing members and evening wear required. I wasn't interested in gambling just somewhere to go for a late drink and the restaurant which was subsidised (might need booking four weeks ahead to get a table at weekends), five people having three courses plus wine less than £20

    On the rare occasion I did go to the tables I restricted myself to gambling a tenner, when that was done it was back to the bar but that could last an hour or two (and free booze and food at the tables too).

    One agency night out, remember those? When agents took out all the contractors and paid for booze and food? Anyway, we all ended up in the casino. I was as pished as I've ever been and hit the tables with a vengeance, made a few quid on the Blackjack table and then hit roullete. I was losing heavily but no recollection after that till I woke up at home the next morning. The then Mrs Cliphead asked me if I remembered getting home at 5am which of course I didn't but arrived in a black hack taxi which I'd hired from the casino which was a forty mile trip.

    Still not sober I started to get some recall about writing cheques for more chips and the realisation set in I'd probably blown a month's dosh. She asked me to check my suit pockets.

    Found the cheques I wrote so I had bought them back, every pocket both trousers and suit jacket stuffed with cash. I've no idea what I won or how I did it but I had around £5k not counting the cheques. Never been back in a casino since, so I guess I'm well up on the house.
    Me, me, me...

    Comment


      #22
      Originally posted by Freamon View Post
      Been a few times. Making small amounts of money at blackjack is fairly easy if you follow simple rules, but gets boring after a while. Enjoyable to do very occasionally (less than once a year) but cant understand people going regularly.
      My understanding that following the 'perfect' strategy gets you close to breaking even but still has a negative expected profit. That's unless you are rain man and can card count several decks of cards which I'm assuming you are not
      "You can't climb the ladder of success, with your hands in the pockets"
      Arnold Schwarzenegger

      Comment


        #23
        Originally posted by No2politics View Post
        My understanding that following the 'perfect' strategy gets you close to breaking even but still has a negative expected profit. That's unless you are rain man and can card count several decks of cards which I'm assuming you are not
        This is true but the Demon Variance can still get you and clean you out. Anyway, as you point out, the perfect strategy just reduces the house edge not remove it and this means that you will still lose in the long run.

        I believe it is the similar with card counting except that done correctly it will remove the house edge and give you an edge. However, I think that there are ways that the casino can nullify the card counter.

        Comment


          #24
          Originally posted by No2politics View Post
          My understanding that following the 'perfect' strategy gets you close to breaking even but still has a negative expected profit. That's unless you are rain man and can card count several decks of cards which I'm assuming you are not
          Like I said I have only been a few times and came out ahead each time, but I suspect you're right, even the best players would fall behind eventually.

          I am an excellent driver though.
          "A life, Jimmy, you know what that is? It’s the s*** that happens while you’re waiting for moments that never come." -- Lester Freamon

          Comment


            #25
            Originally posted by alluvial View Post
            However, I think that there are ways that the casino can nullify the card counter.
            If the movies are to be believed this generally involves broken bones!
            "You can't climb the ladder of success, with your hands in the pockets"
            Arnold Schwarzenegger

            Comment


              #26
              As others have pointed out "basic strategy" only minimises the house edge. To tip it in your favour you have to count which is practically impossible with a continuously shuffled shoe of 6 or 8 decks. Even if you can do it, the betting pattern is so obvious to the casino that you'll be thrown out, which is why the MIT team used several people performing different roles to make it less obvious.

              Comment


                #27
                http://wizardofodds.com/games/blackj.../introduction/This gives a lot of info on card counting.

                Lots of interesting stuff on that site.

                Comment

                Working...
                X