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leon
12-01-2003, 04:21 PM
I went "home" from Nov 22- 30th. I use quotes b/c my parents live there so it's not just a random vacation spot for me, and I've been out many times in the last year so I'm getting to know other aspects of the town, not just the strip and the major poker rooms :grin:

The first session was at the Bellagio. I signed up for both the 15 and 30, intending to play the 30. It actually looked better than the 15 but I got called for the 15 first, which actually ended up being a pretty good game. My usual experience with the 15 has not been too favorable- I've seen good games there, but they're usually not great. OFten the 30 looks better, although more loose aggressive. I played for about 4 hrs and booked 500$ winner. One hand of no real significance came up-

Guy to my immediate left is also from back East. I recognized him from somewhere, told him as such and he said he often plays at foxwoods which is my usual stomping ground. I can't recall playing against him specifically but the face is certainly familiar. Anyway, today he's raising light and playing any ace. He's actually doing quite well, having hit some cards. He open limps in middle, I'm next with AK and pop him, and I clear everyone out but him. The flop comes rainbow rags and he check calls my bet. The turn is nothing but puts two clubs out there, he checks and calls again, but says, "man, here's another donation". I honestly believe him here. He'd lead out with a pair. I'm having trouble putting him on a hand, but suspect he picked up a draw on the turn. Of course I have no idea what he called my flop bet with. River comes a 10 and he checks, I reach for some chips (I was going to bet my AK, not knowing if I wanted a call or a fold) but he beats me to his stack. He does this not as a threat, as in, "don't you dare bet b/c I'm going to call", but rather like "wow he's betting again, and I guess I have to pay it off". Huh. OK sir, if you have to "pay it off" you can beat me. He wasn't even looking at me the whole time. I checked behind. He had 106 sooted, called the flop with no pair no draw, picked up a flush draw on the turn, and rivered a 10. Sigh. That's life I guess. I still cashed out a good win so I can't complain.

On Mon I met up with pokerbabe at the Mirage 20 game. Last May Tommy, Babe and myself got to play together in this game. Not the best game selection if you will but good company. Anyway, this time we're sans Tommy. I sit 10/20 first until I get called for the 20 and manage to lose two stacks in 30 min. When I get to the 20 the babe is stuck probably about 4-500$. It's a good game but pretty loose aggressive. If you get sucked out on or play the wrong pot you can get the hurt put on you pretty badly. One gentleman was down to the felt when I sat down and 30 min later he had almost 4 racks in front of him, not from me thankfully :grin: The babe fights her way back with some nice hands and nice play and is now booking a winner. I'm up too, courtesy of probably two hands.

One- I open raise with AJ sooted and get 4 cold callers, including the BB. This is pretty typical for the way the game was playing. 10.5 sb on the flop, which comes K 10 rag. I don't detect any real strength from my opponents. Furthermore, people have generally been waiting to the turn to pop it, and if I check and someone bets I'm going to call with my gutterball anyways. I am the preflop aggressor so I fire again, knowing it's basically a coin flip play. Surprisingly I get 4 callers. HAHA. The turn comes a beautiful queen and I fire again. A somewhat weak loose lady calls and I get another customer, but the other two drop. The river changes nothing and I lead out, wondering if I'm going to get called. The lady calls and the other guy mucks. She looks visibly confused when I turn over my hand. I get psuedomaniac points. Of course she three bets me the next two hands I raise, one time with pocket 3's and one time with god knows what, I took that one down without a showdown. I guess I took away her "weak" component lol.

Hand two- everyone and their mother limps. I limp on the button with 67o. I love this game. Flop comes the nuts, 5 89. A bet and a couple of callers and I raise. Same customers come. Turn comes a 10 and the same flop bettor leads out. Hmmm. There's callers in between so this is an autoamtic raise for me, waiting to see if he'll three bet. Ahh, just calls all around. River is a blank, bet and my hand is good.

Babe and I clash on one hand. I open raise with KQ sooted and she three bets me. The BB, a fairly loose player comes along for the ride. I flop the nuts, A J 10 two tone. This could definitely have hit the Babe, and probably the BB too. He's loose but not clueless, and for him to call two bets cold he probably hit this board. I check, Babe bets, BB calls, I check raise and both call. The turn comes nothing and I bet. Babe mucks, so she had QQ or KK. BB calls. The river is a jack, BB checks, I think for a little as this could have filled him, but it's still unlikely. He doesn't seem to like his hand much anyways. I bet and get a call from what was presumably an ace. Babe says she mucked KK. This is precisely why I check raised her on the flop, b/c there she (as well as anyone) would bet with a hand that wouldn't necessarily bet the turn. I got to trap the other guy too.

I play until about 6:30pm. The babe racks up a good winner. I'm up 400$, but unfortunately the last two orbits see me get AK and AA cracked and I book a 2$ loser. LOL.

My girl came into town on that Tues and the poker dropped off a lot b/c of it, which was honestly expected. We saw the Scintas on Wed which is probably worth seeing. They do a lot of impressions so if you're twenty something like me and know who George Burns and Bob Hope are but never got the chance to see them, it's sort of like walking into a time machine.

Somehow my girlfriend allows me to play on Thanksgiving day, which in retrospect I regret. Played some 30 at the Bellagio. Ended up stuck 800$ which is not a big loss here but it's still no fun either. Basically got no cards and when I did they lost. Should have said, "no honey, let me take you out, no boring poker for you today" or some such.

We met up with the babe for lunch on Fri at the Peppermill, which is an old school LV diner. The Babe and I immediately start talking shop. We don't order for quite a while after we sit down. To my girlfriend's credit she manages to appear interested. The food was ok, but the company excellent. Topics ranged from psychology, the options/brokerage business, serial killers, and medicine, with poker talk in between all of those subjects. If anyone can tell me how we seguewayed between them with poker as the bridge I will pay them 5 dollars, but it worked out well. You know you've had a good lunch when it takes two hours and you don't see the time go by. The babe is definitely someone I'm starting to consider a friend and is yet another reason why I need to keep coming "home".

Later that day a few of my brother's friends come into town. They both are learning hold em but honestly they haven't been at it that long, nor have they really had proper teaching. Who cares- MANDALAY BAY TIME! For those who don't know, the Mandalay has a beautiful room. Alas, they normally spread only small stakes, but that's perfect for us now. I play for the sheer pleasure of it. We all end up at the same table. Mind you, I'm still playing hard and talking a lot of smack to my brother's friends. On top of all that, the competition is weak as usual, the blinds are half structure and my cards are holding up. I'm often the only one who raises at the table. The game is 4/8 with a half kill, but they use 1$ chips mostly, unlike the 4/8 at foxwoods with 2$ chips. The difference is huge as every pot I drag is a monster which requires several minutes of stacking. The tables at the Mandalay have a sweet wooden rail for chips and cup holders, but they're a little thin when you've bought in for 200$ and are now up 200$ more, all in 1$ chips. Anyone who has ever booked a large win can identify with this horrible affliction and no doubt wishes it would come more often.

The dealers at the Mandalay unfortunately are so-so, maybe a notch worse than the Bellagio or Mirage. One hand one of my brother's friends called a bet on the river, looking at a board of 9 4 4 8 3. His opponent showed 92 off (I told you it was a good game). He thought for a while, looked at his hand, WENT TO MUCK, pulled his cards back and looked again. The dealer said nothing. I told him to turn his cards over and let the dealer figure it out. Mind you I know the dealer is not supposed to say anything, if the player wants to muck his hand go ahead, but in a situation like this, with a friendly table and obvious newbies, all efforts should be made to help them out. My bro's friend turned his hand and showed 9Q, to drag the pot. Thus I explained to him how "cards speak".

The other instance was a little more annoying, and I was kind of rude b/c of it. I'll let you be the judge. Massive pot. I've been hammering all the way, having raised with AK on the button and flopping an ace. Half kill pot too. A final board of A 3 4 6 4 sees me beat both a weak ace and some guy playing 36o, who sucked out on me at the turn only to lose to my glorious resuck on the river. Now at the showdown, the dealer doesn't push me the pot. Hmm. Now the dealer says "two pair" looking at 36o and says "aces" looking at my hand. I say aces and 4's. The dealer says "two pair", pushing foward the 3, the 6, and the ace, as if to show me the other 3 cards that go with the 36o. I say again, "aces and 4's, ship it, ship it, ship it" and starting waving the pot in my direction. 36o stands up to rake in the pot when the dealer gets it. I'm still saying ship it and waving the pot in. OK kind of rude but we didn't need any confusion on that hand. I actually have to explain to the other guy after the hand why his 36o ended up being no good. He was confused when the pot got pushed my way but the dealer didn't explain it to him. He seemed satisfied when I explained my resuck to him :grin:

The rest of the trip was just a bunch of good eating and hanging with friends and family which I won't bore you with here. I do have to say I wish more of my loved ones would get into poker b/c when we go out to the casino I often find myself playing neg ex games just to be social. Poker by its nature doesn't lend itself well to that. Mind you, I love craps, and can count at blackjack, but I still know where the advantage lies. Plus when I play craps I have to take maximum odds, b/c for me there's no other way to play. If I'm going to play neg ex I have to play properly. Thus, when you don't have a good run as I did not this trip, things get expensive fast. Oh well. The company and time was worth it, even though the bankroll takes a dent.

Hope you enjoyed it.

Leon

Mike Gallo
12-01-2003, 04:30 PM
Leon,

Excellent report.

Easy E
12-01-2003, 05:14 PM
"The other instance was a little more annoying, and I was kind of rude b/c of it. I'll let you be the judge."

I'd get PLENTY rude if someone tried to mistakenly ship my pot away, repeatedly. No penalty there.

As to the craps max odds comment, that's a bit of a fallacy. Yes, you're technically lowering your disadvantage, but as you say the swings can be killers. Play for the lower odds bets and play smart, but save the big odds bets for poker buyins...unless you intend to take a shot at craps in a big way.
You shouldn't start at max odds anyway IMO. Get into a streak and take advantage. Smaller edge x bigger bets = happy casino, after all

Greg (FossilMan)
12-01-2003, 07:00 PM
When you bet odds, all you're doing is increasing your variance. Your EV is staying the same.

If you were playing poker, and I omnisciently said to you "Play in the 15-30 game with an EV of +$30./hour and a variance of $300/hour, or pick the 30-60 game, where your EV will also be +$30./hour, but your variance will be $600/hour."

Which game do you pick?

Playing odds in craps is the same thing. Except, of course, the EV is negative. ;-)

Thanks for the entertaining trip report.

Later, Greg Raymer (FossilMan)

Homer
12-01-2003, 07:08 PM
When you bet odds, all you're doing is increasing your variance. Your EV is staying the same.

EV does not stay the same (http://www.wizardofodds.com/games/craps/).

-- Homer

leon
12-01-2003, 07:29 PM
As for the craps reply-

I just reread your post more carefully. You do agree that technically more odds lowers your disadvantage, sometimes down to pennies depending on how large you can take. That being said, I do agree with the variance comment, but thankfully I have the bankroll to stand the swings. Homer's post and link is a good one, check it out if you want.

Thanks for the reply.

Leon

leon
12-01-2003, 07:32 PM
Thanks Homer. The link is more succinct than trying to explain and come up with a mathematical example on the fly. We all know enough to stay away from neg EV anyways, so this will probably end up being a non-discussion. /images/graemlins/grin.gif

But boy, when you catch that hot streak, ahem, I mean short term deviation, there's fewer finer feelings in life.

Leon

Ulysses
12-01-2003, 08:12 PM
[ QUOTE ]
When you bet odds, all you're doing is increasing your variance. Your EV is staying the same.

....

Playing odds in craps is the same thing. Except, of course, the EV is negative. ;-)

[/ QUOTE ]

Obviously, you're one of these non-gambler types who avoids the table games. I, on the other hand, live for blackjack and craps when in Vegas.

The way craps works, you have the opportunity to put all manner of -EV bets out. On some of these bets, you can "take odds" (which at some places can be over 100x, but are normally 3x, 5x, etc.). Those bets are all even-money bets. So, you can bet 1 unit of -EV plus x units of 0 EV. The more money you put behind your bet, the closer to even money your total bet ends up being.

At the tables, this all seems like a great opportunity for some reason.

MHoydilla
12-01-2003, 10:53 PM
Wish I could have met up with you when you were out here. My name is Mike Hoydilla and I certainly remember you(I used to play daily at Foxwoods), you may or may not remember me until you see me. Send me a Pm next time your in town and we can meet up, as I now live in vegas.

leon
12-02-2003, 12:04 AM
OK Mike, sounds good. Can you give me more of a description of yourself? I generally remember the people I've played with, although if it was a little while ago I might not remember.

When did you move to Vegas?

Leon

Easy E
12-02-2003, 12:06 AM
well, expected return does, anyway. See my reply below

Easy E
12-02-2003, 12:08 AM
Well, unless my math is wrong, maybe you ought to rethink being happy about the "fact" that "technically more odds lowers your disadvantage"

Combined house edge on the pass line and taking odds

1X odds
0.848% $5 + $5 odds = $10 x 0.00848 = 8.48 cents

2X odds
0.606% $5 + 10 odds = $15 x 0.00606 = 9.09 cents

Full double odds
0.572%

3X odds
0.471%

3-4-5X odds
0.374%

5X odds
0.326% $5 + $25 odds = $30 x 0.00326 = 9.78 cents

10X odds
0.184%

20X odds
0.099% $5 + $100 = $105 x 0.00099 = 10.4 cents

100X odds
0.021% $5 bet, $500 odds = $505 x.00021 = 10.6 cents


Note that the casino's expected return goes UP by almost 25% when you use 100x odds. Not quite the "gain" that you expected for yourself, is it? (we'll ignore comps you'd be getting, which of course would change the number somewhat)

Now, if you lost 5 bets in a row at single odds and 5 at 100x odds.... do you still feel that you made the best bet that you could?

That's what the casinos are about- they've a bigger bankroll, so they can outwait you. The same concept applies to higher returns on slot machines.

Why do you THINK that they offer higher odds? It's not just a marketing gimmick...

As I said before- save the big bucks for the poker game buyins- take your WINNINGS, where your edge should be much better, and try to roll up a score at craps.

banditbdl
12-02-2003, 01:17 AM
While I agree you should save the big bucks, hell all the bucks for poker buy-ins it is better to play a game with 100X odds than a lower odds game. That said, unfortunately you're calculations are indeed a little off they should read more like:

1X odds
0.848% $5 + $5 odds= $5 x 0.00848 + $5 x 0 = 4.24 cents

or a 0.424% house edge

2X odds
0.848% $5 + $10 odds = $5 x 0.00848 + $10 x 0 = 4.24 cents
or a 0.283% house edge.

etc.. etc..

100X
0.848% $5 + $500 odds = $5 x 0.00848 + $500 x 0 = 4.24 cents
or a .008396% House Edge.

The odds bet are x 0 because by definition they are EV=0 wager between the house and the player. That said I've only played craps as a social event with my non-poker playing friends because you simply can't win in the long run.

Ulysses
12-02-2003, 03:50 AM
[ QUOTE ]
Well, unless my math is wrong

[/ QUOTE ]
It is.

The house edge in that chart is the total edge for the house. Odds bets are even money bets. The more odds you take, the less edge the house has on the total bet.

[ QUOTE ]
Note that the casino's expected return goes UP by almost 25% when you use 100x odds. Not quite the "gain" that you expected for yourself, is it? (we'll ignore comps you'd be getting, which of course would change the number somewhat)

[/ QUOTE ]
Nope, the amount of expected return is exactly the same - they have the same house advantage on the original bet regardless of odds. The percentage expected return is way less since you're betting a much larger total amount. You are correct that the greater comps on the larger bet will make it an even better bet for you.

[ QUOTE ]
That's what the casinos are about- they've a bigger bankroll, so they can outwait you.

[/ QUOTE ]
You are correct that they have the ability to offer you even money bets if being able to make those bets will make it more likely that you place bets where the house has an advantage - that's what's going on w/ craps.

[ QUOTE ]
Why do you THINK that they offer higher odds? It's not just a marketing gimmick...

[/ QUOTE ]
It is in large part just a marketing gimmick. By offering higher odds, they hope to get more action on the craps table. The more non-odds bets they get, the more money they make.

[ QUOTE ]
take your WINNINGS, where your edge should be much better, and try to roll up a score at craps.

[/ QUOTE ]
If you weren't going to gamble at craps in the first place, I don't see any reason why you should want to do it with money you won at poker.

leon
12-02-2003, 07:26 AM
Sorry you went to all that trouble Easy. You see with Ulysses' and other's replies that taking more odds does not increase the house edge.

The reason why they offer the odds is twofold- one, it IS a marketing gimmick in the sense that someone who doesn't understand the odds might think they have a WINNING bet. Note I said WINNING, not breakeven which it is in actuality. This leads me to number 2- since it is a breakeven bet, the casino stands to lose nothing in the long run, so they can offer it, esp with all the other people taking no odds, making hardway bets, etc. As you correctly pointed out they have the huge bankroll, they can grind anyone down over time, so it doesn't hurt them to offer odds to a player like me b/c they still have the same advantage over my pass line bet. But that doesn't make it worse for me. Any action I give on odds is by definition a break even, completely neutral bet.

As to taking poker winnings and making a score at craps, I never play craps expecting to win (obviously). As I stated in the original post, I know where the advantage lies. I actually consider the money two seperate entitites- poker I earn at such and such rate, and stuff like craps is just money that is being spent. No different than if I was a full time pro and used some of my money to buy a gift for someone- it's gone, evaporated. If I truly protected ALL my money I wouldn't put any of it into action in a casino game, but for that matter I wouldn't buy anything non-essential. I consider something like craps a consumer item no different than spending money on something you don't really need. That's why I said I kind of wished that my family/friends played more poker- so I could spend time with them in a + EV situation rather than a negative one.

Take care.

Leon

Easy E
12-02-2003, 08:04 AM
thought it applies to the total bet as a combined figure.
I wonder why your calculations and Michael Shackleford's (sp?) are different? no matter.

I guess it's primarily a casino method to getting you to bet more money, so they have a greater chance of wiping you out faster when you hit a cold streak.

thanks for pointing out my error.

MHoydilla
12-02-2003, 10:58 AM
I am very young guy 22 with a tat. on my right forarm and used to play daily at foxwoods 10-20/20-40 HE, some pl HE. Been in vegas on and off for 18 months.

Greg (FossilMan)
12-02-2003, 12:23 PM
Let's define EV, or expected value.

EV is the amount of MONEY you expect to win or lose in a given situation.

Now edge.

Edge is the percentage advantage or disadvantage in a given situation.

So, if we bet $100 on the flip of a fair coin, each of us has an EV of $0 and an edge of 0%.

But let's say that I agree to bet my $120 vs. your $100 on each flip of a fair coin. Your EV for each flip is $10 (50% chance you lose $100, and 50% chance you win $120; 50%x120 - 50%x100 = $10). Since you're risking $100, your edge is $10/$100, or 10%.

Now, instead of this price, let's say instead that I offer to bet you $550 to your $500.

Your edge is $25, which is an improvement as compared to the $10 edge of our previous bet. However, your edge has just dropped from 10% down to 5%, which makes the bet sound worse.

A more craps like example now. I say I'm sick of this $120 to $100 stuff. But I still want to gamble with you. I say instead of 120-100, let's make it $520 to $500, or I'll quit the game.

Your EV is still the same $10 per coin flip. If we do this one million times, you should be ahead by about 10 million. But your EDGE is now only 2% instead of the previous 10%.

That's exactly what is happening in craps when you take odds, except reverse the situation. YOU are the one taking the worst of it for the original bet, but nobody has any edge for the odds bet. This dilutes the house's edge from it's original 1.4% down to whatever (depending upon how big the odds are that you take). But, the EV of the total bet is still exactly the same for the house, 1.4% of your original pass line bet (or don't pass, if you prefer).

Later, Greg Raymer (FossilMan)

Homer
12-02-2003, 12:39 PM
Thanks Greg. I understood the mathematics of the situation, but was unaware of the disctinction between "edge" and "EV".

-- Homer

Ulysses
12-02-2003, 04:25 PM
I knew you were going to post this response, Greg. Obviously you don't spend enough time wagering large amounts of money on -EV games like I do. /images/graemlins/cool.gif I was going to mention this in my original response to you, but was short on time.

While you're mathematically correct given the parameters you lay out, this isn't a realistic scenario. Here's the way a table games player approaches this situation:

Hmmm... I'm going to gamble w/ $10k tonight. I think I'm going to play some craps. I think I'm going to play about $500/roll. OK, now I'm at the table. I can either bet $500 on the pass line or I can bet $100 and take 4x odds.

Of course, this is an oversimplification, since I'd of course place a few more -EV bets - I mean, you need to have a bunch of spots covered with a hot roller. And why not toss a few quarters on hard eight?

Anyway, you're correct that if someone is choosing between $5 (pass) + $500 (odds) and $5 + $0, their EV is the same since the odds bet is even-money. But in reality, the decision is more like $500 (pass) + 0 and $5 + $500(odds), in which case the latter choice is defintely greater EV (less -EV) than the first one.

I mean, if you had to play craps for $1000/roll total bet (first roll doesn't count, etc. - don't be difficult) and you could choose to play at either a table w/ 5x odds or 100x odds, you'd choose the 100x one, right? That was my only point here.

Ulysses
12-02-2003, 04:34 PM
[ QUOTE ]
I never play craps expecting to win (obviously).

[/ QUOTE ]

What the hell kind of attitude is that? /images/graemlins/grin.gif

leon
12-02-2003, 05:41 PM
Hmm, doesn't ring a bell. I'll PM you next time I come out so we can meet up.

Leon

Easy E
12-02-2003, 09:51 PM
A crappy attitude, an expensive strategy.....

we'd better demote him to the Carribean Stud tables...

daryn
12-02-2003, 11:41 PM
this is false greg, the more odds you can take, the higher your EV is, because the odds bets carry no house edge.


edit: just read your post about difference between edge and ev, still don't know what to believe /images/graemlins/frown.gif

PokerBabe(aka)
12-03-2003, 12:24 AM
Hi leon

I really enjoyed our time together. Your girlpal is very nice and your poker is darn good for a boy /images/graemlins/grin.gif. I did have KK when you flopped Bway on that hand /images/graemlins/frown.gif.

I also really enjoyed our lunch at the "old school" Peppermill. The best thing about that place is that you can literally camp out and nobody asks you to leave. I think there are probably people who sleep in those booths overnight and who have been living there since it was built /images/graemlins/grin.gif

Your excellent conversation is surpassed only by your kindness.

The leather coat, black clothes, black hair and "symbolic" tatoo are all LG features. In short, you are "mad cool".

Are you coming in for WSOP?

LGPG,

Babe

Ulysses
12-03-2003, 03:19 AM
[ QUOTE ]
this is false greg, the more odds you can take, the higher your EV is, because the odds bets carry no house edge.
...
edit: just read your post about difference between edge and ev, still don't know what to believe /images/graemlins/frown.gif

[/ QUOTE ]

Read my response to Greg. Because they carry no house edge, they do not affect your EV (the amount you expect to win/lose per roll on average). It's like having a side bet on a fair coin flip every hand of poker.

But if you're betting the same total amount per roll, the greater the proportion of the total bet is an even money odds bet, the better your EV (since the pass/don't-pass bet is -EV).

leon
12-03-2003, 07:15 AM
Hey now, Pai Gow is where I belong...

Carribean, how insulting. /images/graemlins/grin.gif

Leon

leon
12-03-2003, 07:17 AM
Wow. Thanks.

Doubtful on the WSOP as I have no vacation time then. But you never know. I'll stay in touch of course.

Leon

Easy E
12-03-2003, 08:14 AM
or is the Babe setting you up for the next game? /images/graemlins/wink.gif

Greg (FossilMan)
12-03-2003, 11:27 AM
I'm glad I'm not so easy to read at the poker table.

From your perspective, you are 100% correct.

I used to deal craps, but I have never been much of a player. About once a year I'll take $100 to the craps table, bet $5 on the darkside, and take odds. The total house edge against me in my entire lifetime of craps play can't even total $50.

Later, Greg Raymer (FossilMan)

Ulysses
12-03-2003, 03:15 PM
[ QUOTE ]
I'm glad I'm not so easy to read at the poker table.

[/ QUOTE ]

Yeah. I think it might be more +EV for me to have you deal me craps as opposed to sit across from you in a PL/NL game. /images/graemlins/grin.gif

Ulysses
12-03-2003, 03:26 PM
[ QUOTE ]
Hey now, Pai Gow is where I belong...

Carribean, how insulting. /images/graemlins/grin.gif

[/ QUOTE ]

In honor of this thread, Leon, I will place a $100 bet on the Lucky Ladies side-bet this weekend while playing blackjack. I once put $50 on the Lucky Ladies and hit the 19-1 matched 20. That was cool.

But the best Lucky Ladies performance ever was by this young kid at a table I was playing. He was on a hot streak and had gone from $25/hand to $100/hand. He doesn't have a ton of money, though. He then decides to put $100 on the side-bet. It's sad to see him waste his money like that. He loses one or two, then hits the matched 20 - $1900. Wow. But he doesn't stop. He puts $100 out again. And two or three hands later he hits QhQh for the 125:1 payout. $12.5k. No big surprise - talking to dealers the next night, later that night the kid apparently upped his betting to $1000/hand and pretty quickly lost the $16k or so he had.

leon
12-03-2003, 03:51 PM
The ice is getting way too thin out on this part of the thread. I refuse to answer on the grounds that any answer I give will be the wrong one.

And I wouldn't expect anything less of the Babe to try to maintain advantage over any potential opponents.

/images/graemlins/grin.gif

Leon

leon
12-03-2003, 03:55 PM
Tremendous. I've had a lot of fun both writing and reading the various responses. Good luck with the side bet, you can always make it back at the poker tables (my excuse for any neg ex bet).

Leon