Cashing Out Large Wins - Las Vegas

Discussion in 'Bankroll Management' started by dicedoc, Feb 16, 2021.

  1. KokomoJoe4, Mar 4, 2021

    KokomoJoe4

    KokomoJoe4 Member

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    Nope, never bothered with a card, simply because I do not want to get constant mailings from them. To me, not getting these is more important than getting freebies.
     
    #21
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  2. DeMango, Mar 4, 2021

    DeMango

    DeMango Member

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    You no like money? Who said that, TD?
     
    #22
  3. von duck, Mar 5, 2021

    von duck

    von duck Member

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    He just prefers his privacy, over the "beads and trinkets" they offer. He seems to be a "day gambler" for the most part, anyway. :cool:
     
    #23
  4. basicstrategy777, Mar 5, 2021

    basicstrategy777

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    a SARS ( suspicious activity report ) is usually written at the 3000 dollar mark when leaving a table....this is not written in stone but 3000 is the usually mentioned number.......over 10 k at the cage goes on an 8300........good documentation on your part will help you very much....table number...date...time...win/loss....game......the casino knows all this already.......there are amounts for various games in which the casino is required to give you a wG2 form....not blackjack and craps, however.......I remember many years ago guys picking up losing horseracing tickets that were thrown on the floor to demonstrate losses.....or having a wino cash in winning ticket(s) so they would not get hit with any winnings........

    back in the day, in vegas, I could win money in one casino and go to another casino and cash in chips belonging to the first casino......

    The key is documentation on your part for tax purposes.............in my experience, 3000 is the mark at which some kind of documentation may come into play....again, casinos all work differently when federal law is unclear or does not specify.

    777
     
    #24
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  5. twodicebilly, Mar 5, 2021

    twodicebilly

    twodicebilly Member

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    night attack

    they know everything.....i dont use a card in most casino's, only the ones i stay at. couple years ago
    i cashed out nice amount at the tribal casino south of Laughlin and when i went back one of the guys
    called me by name and said nice to see you again.....

    I have never had a card there, dont stay there, dont know anyone there.

    TDB
     
    #25
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  6. lone irish digit, Mar 5, 2021

    lone irish digit

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    This is Barney

    Eustace said personage in casino that knew you was probably your friend the "Math Extremist" personage trying to pickup a few bucks for the college. Did he refer to you as Mr Gordon Dicesitter?
     
    #26
    Last edited: Mar 5, 2021
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  7. KokomoJoe4, Mar 5, 2021

    KokomoJoe4

    KokomoJoe4 Member

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    ??

    I used to play in the Rivers 2-3 days/week every week.

    While some of the crew recognizes me and me them, I have never received anything gambling related in the mail from there or from any place I have ever stayed. I assume this is because I do not identify myself at the table.
     
    #27
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  8. DeMango, Mar 5, 2021

    DeMango

    DeMango Member

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    All I know is free food. free rooms and free bets (money) are tangible benefits of having a players card. Higher rollers will get free transportation!
     
    #28
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  9. twodicebilly, Mar 5, 2021

    twodicebilly

    twodicebilly Member

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    demango

    i can afford to pay my own way and i wont stay at a casino i dont want to stay at
    because the room is free.

    the way, my craps partner played with some guy named Dave in Vegas last weekend that says
    he helps Howard and Heavy with their classes.

    TDB
     
    #29

  10. Liman

    Liman Member

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    It's plain ole cash in my pocket
    My trip down south before covid /knee replacement I stayed over 10 nights in hotels free
    6 or more nights at casinos and the rest on hotel member points
    We also received 200 dollars in free play and don't know how much free food
    I never felt any obligation to play

    the end of this month we are going to foxwoods
    We booked one of the 1400 sq ft suites
    Today we called to try to get some reduction but foxwoods would only comp a standard room for 1 night since I haven't played in almost year and half
    Suites are in request for my dates and only repeat customers are getting them comped
     
    #30
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  11. von duck, Mar 5, 2021

    von duck

    von duck Member

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    1400 sq.ft. :confused: Damn! OK, how much does one of those cost? How much do you, have to pay? :cool: Come on, you can tell us. :)
     
    #31
  12. DeMango, Mar 5, 2021

    DeMango

    DeMango Member

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    So you have paid full price for rooms, turned down free money and food, then turn around and tell us that Dice Speak is something we should pay for. Boggles the mind.
     
    #32
  13. KokomoJoe4, Mar 5, 2021

    KokomoJoe4

    KokomoJoe4 Member

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    My objective at play is to win. I have no desire to be identified as a gambler, and for this reason tell them when asked that I do not have and do not want a players card.

    When going on vacation, I am smart enough to have the Mrs. make all arrangements. Everyone is happier this way. She decides where we are going, and where we are staying. Although she doesn't gamble, she is almost always smart enough to find a location with a nearby craps table.

    You are correct. I pay what is asked for rooms and food. I have no problem with this because I can use whatever tax write offs I can get. I have never been offered free money, so I can not say I have turned it down. If by getting a players card I am entitled to a few chips here and there, they can keep their card.

    If a player wants these perks, great, go for them. I do not want them.

    Concerning turning around and telling you to purchase Dice Speak, this is the best advice I could give a craps player. Feel free to take the advice or to scoff at it.

    The dice are the most important part of the game we play, a game that can not be played without them. Knowing them as well as they can be known is the smartest thing a player can do to put himself into a position to beat the game. There is a hell of a lot more to them than the table of 36.

    Finally, what boggles my mind is the thought of paying hundreds/thousands of dollars to an "expert shooter" hoping to learn how to improve results tossing dice, a random activity that does not involve skill and which can not be de-randomized.

    To each his own.
     
    #33
    Last edited: Mar 6, 2021
  14. DeMango, Mar 5, 2021

    DeMango

    DeMango Member

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    Chi square is the judge on whether the dice results are random or not, certainly not your opinion. This is all about math and physics. If they, the dice results, are not random, then they are most definitely the result of skill, keeping the dice together.
     
    #34
  15. von duck, Mar 6, 2021

    von duck

    von duck Member

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    J
    Or, the non-random dice could be the result of fantasy. :confused: Show me this Chi square calculation, and how to use it to determine "random". :cool:
     
    #35
  16. DeMango, Mar 6, 2021

    DeMango

    DeMango Member

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    Once again, part of BoneTracker, free on Heavy's site. Unlike Dice Speak which I understand costs you money!
     
    #36
  17. lone irish digit, Mar 6, 2021

    lone irish digit

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    This is the Real Demango

    A chi-squared test, also written as χ2 test, is a statistical hypothesis test that is valid to perform when the test statistic is chi-squared distributed under the null hypothesis, specifically Pearson's chi-squared test and variants thereof. Pearson's chi-squared test is used to determine whether there is a statistically significant difference between the expected frequencies and the observed frequencies in one or more categories of a contingency table.

    Chi-square (χ2)statistic is a test that measures how a model compares to actual observed data. The data used in calculating a chi-square statistic must be random, raw, mutually exclusive, drawn from independent variables, and drawn from a large enough sample. For example, the results of tossing a fair coin or using a Supperick Helicopter dice toss meet these criteria.


    Chi-square tests are often used in hypothesis testing. The chi-square statistic compares the size any discrepancies between the expected results and the actual results, given the size of the sample and the number of variables in the relationship. For these tests, degrees of freedom are utilized to determine if a certain null hypothesis can be rejected based on the total number of variables and samples within the experiment. As with any statistic, the larger the sample size, the more reliable the results.

    KEY TAKEAWAYS
    • A chi-square (χ2)statistic is a measure of the difference between the observed and expected frequencies of the outcomes of a set of events or variables.
    • χ2 depends on the size of the difference between actual and observed values, the degrees of freedom, and the samples size.
    • χ2 can be used to test whether two variables are related or independent from one another or to test the goodness-of-fit between an observed distribution and a theoretical distribution of frequencies.
    The Formula for Chi-Square Is
    \begin{aligned}&\chi^2_c = \sum \frac{(O_i - E_i)^2}{E_i} \\&\textbf{where:}\\&c=\text{Degrees of freedom}\\&O=\text{Observed value(s)}\\&E=\text{Expected value(s)}\end{aligned}χc2=∑Ei(Oi−Ei)2where:c=Degrees of freedomO=Observed value(s)E=Expected value(s)

     
    #37
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  18. von duck, Mar 6, 2021

    von duck

    von duck Member

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    You don't actually know what it is, do you? I've heard the term, "Chi Square" about a thousand times on this sight, and not once, has anybody, laid it out, and explained how to use it. I've looked it up, and it's a pretty involved calculation, and even if you could use it to determine, "dice influence" it could never tell you, who, or what, was influencing the dice. :cool:
     
    #38
  19. von duck, Mar 6, 2021

    von duck

    von duck Member

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    OK, now was that so hard? :confused: Now for some real fun, let's get TD to run DeMango's data, using this formula, and see what answer he comes up with. :D
    You have some kind of "privileged access", don't you LID? :cool:
     
    #39
  20. basicstrategy777, Mar 6, 2021

    basicstrategy777

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    thax for clearing that up......I thought they were talking about chi-chi-rodrigez.....

    777
     
    #40
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