$30,000 into $500

Discussion in 'Bankroll Management' started by SevenOut, Jun 22, 2014.

  1. SevenOut, Jun 22, 2014

    SevenOut

    SevenOut Member

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    I need not claim this to be rumor turning $30,000 into $500. This is the most reasonable story for man or woman, the idea of making 60X Bankroll at a Craps Table.

    Is it possible a Don't Player or a Pass Line Player could leave with $30,000 beginning with a $500 Bankroll. Of course, but improbable. Unlikely. Suspicious.

    Is it possible a Don't Player or a Pass Line Player could buy in for $30,000 and leave with $500. Of course AND probable. Likely. No effort needed.

    Obviously, a Don't Player taking a $500 Bankroll, becoming $30,000, there would be only ONE PLAYER, ONE SHOOTER left on this statistical nightmare for any Pass Line Players. The Don't Bettor would also be the Don't Shooter. Think about it. Use common sense and logic. There is no rule that says someone wagering the Don't cannot shoot to LOSE. I have never seen that as a problem or question. They just do not seem to want to shoot to lose.

    Most rumors are BIG on numbers and SHORT on facts. Any Craps Player watching this onslaught of terrible dice outcomes for the Pass Players would have this detailed, blow by blow... somewhere. The Casino would be the biggest promoter of the NEWS.

    Of course, if I were to have been such a winner I would want to remain anonymous and pocket the chips and cash them in over time. Taxes would be due and if this player is not a "professional Craps Gambler" you would have no deductions... none. If you won, that is. Even when you stop at the Cashier to cash a $1,000 or a $5,000 chip... the Casino is notified and you become a suspect. This sounds good to those who are gullible... but I am just not convinced until I hear HOW this player wagered (system of wagering) to do this miracle and WHY did the player quit at 9 hours, when the Casino's Bank is there for the taking?

    It makes a good bed time story but keep to your $200 to $300 bankroll management and dream what is possible, rather than what is not.
     
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    Last edited: Jun 22, 2014
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  2. Morgue, Jun 22, 2014

    Morgue

    Morgue Member

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    Being taxed on gambling winnings must be awful!! Even when you win you'd feel like you've lost.

    Here in Aus, the house pays the taxes on their profit. The punters overall are losing, definitely not fair to be taxed on a rare win.
     
    #2
  3. basicstrategy777, Jun 23, 2014

    basicstrategy777

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    It is much more difficult winning big money betting Don't than betting Do, for obvious reasons......especially starting with small buy-in. e.g. on the 4/10, laying odds, you need 2 wins to cover 1 loss. ( and get back to even. )

    777
     
    #3
  4. Sancho Panza, Jun 23, 2014

    Sancho Panza

    Sancho Panza Member

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    @"It is much more difficult winning big money betting Don't than betting Do, for obvious reasons......especially starting with small buy-in. e.g. on the 4/10, laying odds, you need 2 wins to cover 1 loss. ( and get back to even. )"
    It is NOT "much more difficult" because you are twice as likely to win against the 4 or 10.
     
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  5. basicstrategy777, Jun 23, 2014

    basicstrategy777

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    Are you saying it is easier to win more money, and more money quicker, betting Don't than betting Do ?

    We are talking about money.....not who wins more often.

    Do you think it is easier and quicker to win 30,000 starting with 500....betting Don't or Do. ?

    777
     
    #5
    Last edited: Jun 23, 2014
  6. basicstrategy777, Jun 23, 2014

    basicstrategy777

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    Sancho....... by the math there is no financial advantage playing either side ; one side does not have an advantage over the other.

    However, like the stock market....money is not made unless there is blood in the streets.

    The temporary tilting of probability will cause you to win if you are betting on the 'right' side.

    If you had a Don't player playing at a table that was ice cold..........and you had a Right player that was playing at a table that hotter than a 2 peckered goat.......who would win the most money...and win it fast ?

    777
     
    #6
  7. Morgue, Jun 24, 2014

    Morgue

    Morgue Member

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    There IS a financial advantage playing the don't side, albeit very miniscule.
    You're right though, in your hypothetical scenario the 'right way' better will win more money faster in that situation.

    P.S. We dont need to hear about your attraction to diphallic goats, you couldve said "hotter than cindy crawford" :p j/k
     
    #7
  8. Grizzoola, Jun 24, 2014

    Grizzoola

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    I don't know why goats get such a bum rap. After all, if it weren't for goats, half the world's population would starve to death. :)
     
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  9. SevenOut, Jun 24, 2014

    SevenOut

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    I think Morgue is a plant on the Craps Forum:

    "Here in Aus, the house pays the taxes on their profit. The punters overall are losing, definitely not fair to be taxed on a rare win."
    "Here in Aus..."

    We Yanks know it is referred to as... OZ... not aus, Aus or AUS. Come clean Morgue... your a KIWI from New Zealand. One test... what Rugby Team plays for Auckland?

    It not the Washington Redskins... but close.
     
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  10. Morgue, Jun 24, 2014

    Morgue

    Morgue Member

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    I've never felt more insulted in all my life! Haha, most definitely not a kiwi. The national rugby team of NZ is the "all blacks". I only know that because they're our arch nemesis. We're the Wallabies.

    Rugby is a NSW and QLD (States) thing here anyway. Not as widely followed in VIC. Our football code is "Aussie rules" (NOT Ozzie rules). Check it out on YouTube. You won't have a clue what's going on but we love it.

    I think oz/ozzie is americanised spelling because that's how we pronounce it. Majority of us say Aussie even though we pronounce it as Ozzie.
     
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  11. SevenOut, Jun 24, 2014

    SevenOut

    SevenOut Member

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    I have an Aussie living next door to me. I will check all of this out. Enjoy your winter and standing upside down. That could influence the dice at the Crown. Good luck.

    You do have a valid point on the accent Aussie versus Ozzie. I bet you will pronounce Seven Out as Front Line Winner... am I right?
     
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  12. Morgue, Jun 24, 2014

    Morgue

    Morgue Member

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    We're so similar, yet so different. Just like the prehistoric man in your avatar and modern men of today
     
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  13. KokomoJoe4, Jun 29, 2014

    KokomoJoe4

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    could be wrong, but I believe 7-O's avatar goes by Australopithecus boisei, Used to study this fun stuff.
     
    #13