Always interesting. Lets say I go to the casino and am up (net) $400 playing, whatever. I did not play any other games except the one over a couple hours. I continue to play, whatever game(s). Am I now playing with the casinos money? If I go home breaking even, did I lose anything for the day? Meaning, I walked in with $800 and walked out with $800. I'm not talking about for the week or the month etc., just that day. Ken
I see what your asking Ken... and I'm sure there will be posts supporting both sides.
Personally, I consider you breaking even. You lost the casino's money, nothing more. Just how I approach it.
MM
"I'm sure there will be posts supporting both sides." --- Yep. Not looking for arguements, just different insights. Ken
Quote from: Mr J on April 03, 2009, 10:33:02 PMAm I now playing with the casinos money?
This is what they want you to think Mr J. Once you win it and can walk away with it.....it is yours, not theirs.
Quote from: Lohnro on April 03, 2009, 10:55:43 PM
This is what they want you to think Mr J. Once you win it and can walk away with it.....it is yours, not theirs.
I concur. :)
So in my example above..... I walked in with $800, left with $800 but lost? You sticking with that? Ken
I would consider myself even.
Ron.
"This is what they want you to think Mr J. Once you win it and can walk away with it.....it is yours, not theirs."
I agree. If you are playing with "their" money, you must have stolen it.
Sam
If it's per session. Then it's a loss.
I'm not worked up.
Once their chips are in my stack then they are mine.
So I would definitely call it a loss
The Spiders Kiss
hello!i think that if you walk in with whatever money and walk out with the same money,you are a winner because you have at least won the house edge,you have won by NOT loosing your money
If I go home breaking even, did I lose anything for the day?>>>
In gambling, we only count what we came in with and what we leave with. Anything else is just bullshit bookkeeping. We're not bankers, we're players.
Quote from: Spike on April 04, 2009, 05:52:40 AM
If I go home breaking even, did I lose anything for the day?>>>
In gambling, we only count what we came in with and what we leave with. Anything else is just bullshit bookkeeping. We're not bankers, we're players.
So player 1 (bombus) comes in with $800 wins $400 and leaves with $1200.
Player 2 (spike) comes in with $800 wins $400, loses it back, and leaves with $800.
Who's the winner?
Self evident really.
And, any player who doesn't keep some kind of a book is most likely the one full of bullshit, in denial, and sh*t scared of seeing evidence of their losses in plain black & white!
Hi Mr J and all
I think many gamblers and players are getting the picture wrong
Your money is not your money as long as you are prepared to play or gambling with them
Then your money is a part of the game and its the games money or if you prefer the casinos money as long as you are prepared to use them for gambling and put them at risk
To day or tomorrow or next week does not matter
If you have a gambling account of some kind then its an part of the game at all times and its money that is at risk at all times
The day when you decide to take an procent or a cut from your gambling account the games money then it becomes your money
If you don't adding more money to your gambling account except winnings then you have a way to let the games money become your money
You create an investment then you milk it for money and not the other way around
And regarding break even it is allway the same thing as winning
Cheers LS
personally.
i would hate it if i raised $400 on any casino game, and then went and blown it hoping for a bigger win and if i made $400 (origianl profit) to $900 i would probably say the same thing again ''shud i take the winnings or have another shot at anthor big win gamble.
i love to gamble thats a fact and im sure we all do, but if we gamble too much we will never walk out of the casino with any profit what so ever.
example of what i would do (or would hope i would do)
walk in with $800 raise to $1000, so we are +$200 (25% profit)
then with the +$200 profit i would take 25% of the winnings = $50 and use this to play with.
25% of the winnings for the NIGHT goes towards the bigger gamble bets, and to let the gambler out of you for a while.
cheers,
mattjono
Well as I see it we have to make an distinction betwen how your money is an investment and how your money use an capitalizing method.
a) First you have the basic foundation regarding what your money is as an investment.
b) Second comes the basic foundation regarding how you Handel your money at the tables.
Off topic, I'm sure, but MATTJONO said this "to let the gambler out of you for a while." winkel has also said that.
Could it be that the "gambler in you" will come out even if you don't want him to?
On topic:
When a dealer scoots a stack of chips over beside my bet, those are my chips. Now, consider this: Are you UP for your entire life? If you truly are, you might consider that "won" money. If you're NOT, then you are just trying to scratch you way back to even.
When my wife asks if I won, I tell her I just made a dent in the deficit, that's all.
Sam
i am defenatly down for my life (so far) on roulette, however im confident about changing that.
cheers
mattjono
I'm closing in on being up on roulette. The last three years, UP for sure. The entire eight years, down. Ken
Hi guys,
If i go in a casino with $100 and then walk out of the casino 8 hours later with $100...
I will called it ... " A waste of my time" !!!! 8 hours wasted!!!
;D
Regards,
NoBody ^.^
Sometimes, breaking even is winning. Ken
Quote from: Mr J on April 03, 2009, 11:00:24 PM
So in my example above..... I walked in with $800, left with $800 but lost? You sticking with that? Ken
I am Ken, but I am not sure I would of given the same answer if you had asked -
"Lets say I go to the casino and am
down (net) $400 playing, whatever. I did not play any other games except the one over a couple hours. I continue to play, whatever game(s). If I go home breaking even, did I
win anything for the day? Meaning, I walked in with $800 and walked out with $800"
Thank God for Lohnro! I'm getting slammed all over various boards tonight. I need sleep, will do battle on Sunday. >:D Ken
Ken
I hope you don't think you were being slammed on this board! I certainly hope you don't consider my answer as a slam. I have not been up the mountain; I only have opinions, not laws.
Sam
No, no, no! This board is top notch my friend TwoCatSam. Two other boards, four different posters......nothing but insults. Oh well, I'll get over it. I have to relax a little. Its not worth it, getting all worked up. Ken
Mr. J
Read my latest post on /Compa's thread. We must think--oh, I hate to say it--out of the cat box! Yours is a often debated question. Good food for thought while showering.
Sam
"Yours is a often debated question." --- I try and ask questions like that. Not to start trouble but to get people thinking. Ken
Thanks, I wanted to wait until I had a few responses. Let me switch it up a bit. I walk in with $800. At some point during my visit, I am up (net) $500. I lose back $300 of that and leave with the $200 profit ($1,000 total). If I lost $300 and made a profit of $200, that would mean I lost $100 but still left $200 up. Yes, no?? Do you understand the question? Help me out here. Ken
LOL,
great point Ken. I'm still sticking with my original way of thinking. If I were to walk in with 800$ and leave with 1000$, that's a win.
Matt
Hi Ken
If I was to walk in with $800 and leave with $1000 I would consider that a job well done, even if I lost the $300 in between.
In fact I would be quite pleased with that
TSK