"Casino does not ban anyone for being lucky."
Not really any need to is there?
Lost $3,000 on high limit slots
- Thread starter stinkynuts
- Start date
Not really any need to is there?
Casino loves you
Dana White was banned because they suspected him of cheating.
That is enough to ban a player from playing black jack and your take on poker players being banned for winning is just ludicrous.
Ever heard of Daniel Negreanu? He is a winning poker player. Has he ever been banned from any casino?
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Thats not what I've heard (and read):
Do Casinos Ban Winning Players?
Do casinos limit or even ban players that are winning too much money? We take a look at the reality of the situation.
www.casino-king.com
Doesnt he strictly play the Poker Tour now??
I dont think he still frequents casinos
That's what I do when playing Blackjack online. I play Blackjack online to have an hour or two of fun when I have nothing else to do. I play on the BetRivers site, and only live dealer games. I play at the minimum $5 bet tables as my purpose is to be entertained, not to lose money that I care about.So if you like none of the advice offered..... Play Low Limit Slots.
Since I play using the "'Blackjack Basic Strategy" that can be found in many books on Blackjack, I am actually a bit up since I began playing, a few hours a week, several months ago. I never bet more than $5 per hand, except for doubles and splits of course, and if I run into a "buzz saw" dealer I quit and watch TV, or go on terb lol.
I never chase my losses if I start losing. I usually set a time limit to play and quit when that is up whether I'm up or down, and if I'm having a really good run which seems to be changing I will quit after 3 straight losing hands, or at the end of the current shoe.
It may be hard to believe but I find even the $5 bets fun, and don't need the extra "juice" of placing higher bets. Anybody who gambles at any casino game other than poker is destined to lose over the long run. Imho it's just a matter of getting used to the lower bets so you still get a bit of a kick out of playing the game.
I tried playing the one-on-one computer dealer games on BetMGM at the start, with their $1 minimum bets. Since it's just you and the dealer that game is super-fast but I don't trust the casino's algorithm as I feel they set the house edge higher than in the live dealer game. In general I prefer BetRiver to BetMGM even in the live dealer game, although I believe both are honest.
For what it's worth...
I think tjey banned a poker player who played blackjack. But he was not banned for playing poker. They only ban people who are winning and counting cards/cheating. If you are winning because you are skilled poker player, they don't care, since you are winning money from other players, not the casino. But with blackjack, you are winning fromt he casino's money.Thats not what I've heard (and read):
Do Casinos Ban Winning Players?
Do casinos limit or even ban players that are winning too much money? We take a look at the reality of the situation.
Casino's are gambling yes but they gamble with a guarantee rate of return based on sample size.Thats not what I've heard (and read):
Do Casinos Ban Winning Players?
Do casinos limit or even ban players that are winning too much money? We take a look at the reality of the situation.
So of the millions of casino goers certainly some will win and some will lose but the casino will "win" based on all the bets made by every casino patron not just the one or two. The difference with Dana White is there are not millions like him and even if the casino has a 1% margin that can only be a guarantee return based on a large enough sample size.
Look at it from this standpoint. A player betting a million dollars but playing 1 dollar a hand is guaranteed to lose at the 1% margin rate after a million hands. However, a player making one bet for a million dollars is able to win the million 49.5% of the time even though they are more likely to lose than to win. So both players are betting a million dollars but one has a zero chance to win a million whereas the other has a 49.5% chance to win a million. Huge difference even though both are betting a million dollars. The casino knows this. Hence why they are not banning White. They are giving him the option of betting his million dollars but in smaller increments. He chose not to take that option.
The other thing about blackjack is 1% margin is if you play optimally. Most people do not play optimally.
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The world series of poker is played in a casino.
He may not be playing much in casinos but he is not banned in any for winning at poker.
Dana White getting banned demonstrates both the requirement of both winning more often then losing and the dollar amount - Millions in his case.I also heard if you start winning too much at poker or blackjack tables, casinos will start banning you.
This apparently happened to Dana White. He was winning too much.
So whats the point in even gambling then, if you cant beat the casinos long-term??
When Dana White was banned from the Palms Casino for winning too much money
Dana White, the president of the UFC, is well-known for his love of gambling and has won substantial amounts in Las Vegas casinos, his adopted home.www.sportskeeda.com
That is why casinos will 'limit' a whale player to $5K a hand instead of out right banning them.
We know about Dana White because of his social presence. It does make for entertaining videos to watch about him.
I am a reformed gambler.
I started off small, and found some early and consistent success. I then thought, “Why not increase my bets, so I can win more money?”
I was then wagering bigger and bigger bets and winning good money.
I thought, I might as well quit my job and gamble professionally.
Eventually, I pissed off the gambling gods and my luck turned. I could no longer win. And when I did win, it took me hours and hours to win a paltry sum.
And yet, I continued to play.
Gambling is more addictive than sex.
I hated how I became dependent on it. I loathed that it occupied my thoughts even when I slept. I was mentally playing card combinations in my head.
I hated not being able to make plans, because my money situation was so volatile.
As such, I quit cold turkey, and have never looked back.
Instead, I channeled my focus and energies into building my businesses and investments, so I think that dulled the urge to gamble.
Sure, over the years, I gamble a bit when I visit Vegas or when I’m on a cruise, but now it’s strictly for entertainment. I don’t rely on it for money.
It's always good to hear these stories. Recovery from drugs, alcohol, and gambling addiction is possible. Congratulations.
No kidding. If you think you see people playing Blackjack badly in Vegas, its nothing compared to how badly some people play on-line.
I've seen people on-line stand on a 6 and 2 = 8, with the dealer's face card being a 6. I've also seen people pull on 16, again with the dealer showing a break card such as 4,5,or 6. These are 6 or 8 deck shoe games so counting is almost impossible.
That's just wild. In person at the casino the peer pressure does make players play mostly book. It's frustrating as hell when someone joins a table that is doing well and goes off book, claiming they know better. You point out how their choice hurt the whole table and they are in denial. You can get up to leave and I usually do but then finding a new table to start at can be a pain on a busy night. This is why I mostly play heads up, single or 3 hands.
The other frustration is players chasing the side bets, perfect pairs is the worse. Playing stupid and betting $25-200 every hand on the side bet. Yeah when they hit 3-4 pairs in 10 hands including a perfect they look genius but then 2 chutes later all their chips are gone as they never leave with it. Those players turn to others not playing it (like me) and instruct me to play, even worse get angry (table slapping, yelling) when my hand gets a pair and I don't have any money on it. At first I would play just $5 a hand on pairs to shut them up and perhaps catch a streak but then they get upset I'm not betting more.
I finally learned when they tell me to do so I put out my hand and say 'give me your money and I will play it on my spot' - 1/10 times they give me chips to play. The other 9 times they freeze up and I follow up with 'exactly, so leave me and my hand alone'. You should hear them talk to their friends at the table about me while I'm still sitting there, lol.
Apparently another reason for betting limits is to thwart people trying to use the Martingale betting strategy.
The strategy is if you win your first hand, you keep the money. If you lose the next hand, you double your bet the hand after that to get back your loss. You keep doubling until you get back to even on that first loss of $5.
If you were allowed to keep doubling infinitely it would be a guaranteed winning system. However, a betting limit stops that infinite progression.
Say your first bet is $5, and you lose.
Say you continue the doubling and keep losing.
Say the betting limit is $5,000, which it is in the $5 minimum Blackjack game at BetRiver.
Bet 1 = 5
Bet 2 = 10
Bet 3 = 20
Bet 4 = 40
Bet 5= 80
Bet 6 = 160
Bet 7 = 320
Bet 8 = 640
Bet 9 - 1,280
Bet 10 = 2,560
Bet 11 = 5,120 But you can't bet that cuz the max is $5,000.
Blackjack can be a streaky game, and so can roulette. Don't forget the progressive losses are cumulative. So worst case you can lose much more than $5,000 trying to get back the original $5 plus your consecutive losses.
Btw the longest streak of consecutive reds in roulette was 32 times in a row in an American casino. Happened in 1943.
Video of Dana showing a buddy how to play quick and loose, heads up, $10,000 a hand:
In the video you can see how quickly heads up goes by. How the dealer can get back to back 21, open with blackjack first hand - anyone who has played for years (decades) will relate. You also get to see how stupid loud players can get. They are in a private room at least and betting big but still, we have seen (or heard) these players all too often, especially the drunken ones.
I have seen players explode with joy over $100 hands and seen players barely crack a smile winning $10K a hand in the vip room.
Dana's biggest gift to this player was pulling him off the table up 4x his bet of $10k. The $3K tip was impressive as well.
In the video you can see how quickly heads up goes by. How the dealer can get back to back 21, open with blackjack first hand - anyone who has played for years (decades) will relate. You also get to see how stupid loud players can get. They are in a private room at least and betting big but still, we have seen (or heard) these players all too often, especially the drunken ones.
I have seen players explode with joy over $100 hands and seen players barely crack a smile winning $10K a hand in the vip room.
Dana's biggest gift to this player was pulling him off the table up 4x his bet of $10k. The $3K tip was impressive as well.
Many many moons ago I remember seeing this strategy in full display, of all places, in a canadian casino. Windsor back then and perhaps still does have VIP room limits of $100 min....$25,000 max. It was a wild ride just watching the player scale up both his losing streaks and winning streaks, he must have been swinging $100-200k that night. Windsor is the only casino I have seen such a large range min/max other then VIP players who have a personal higher limit - but I have never been in the ultra VIP back rooms of the biggest casinos, only heard about them.
Man bets $10,000 hands at blackjack
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