Mansion going downhill..

freebie · 10-14-06, 10:31 AM

I like Mansion a lot, but limit to $1,988 is pretty funny.
I guess all those free instacash is catching up to them.

InSpades · 10-14-06, 10:45 AM

There is too much winning going around. A lot of people say that 98% of people lose with gambling. Can that be verified anywhere? I doubt its true.

IS

jjgold · 10-14-06, 10:54 AM

mansion no where close to a top book

Dont coming crying to me when they collapse some day

Sam Odom · 10-14-06, 10:57 AM

They WERE a bettor's paradise. In the beginning one could find several 10c scalps from their own SB and Ex.

I'm not funded there today

jjgold · 10-14-06, 12:09 PM

All you need is Pinny for the 100th time!!

Scorpion · 10-14-06, 12:18 PM

Im the only player who never wins

0-5 today already

JoshW · 10-14-06, 03:26 PM

Cutting limits on something you lose money on seemed inevitable, but with Mansion later rather than sooner.

scottyy11 · 10-14-06, 04:21 PM

Originally posted by InSpades

There is too much winning going around. A lot of people say that 98% of people lose with gambling. Can that be verified anywhere? I doubt its true.

IS

i've heard that stat many times but i think it takes into account those games were 100% of ppl lose like slot machines. When you consider poker that number i think would be 85% orso not sure about wagering probably under that though. I know myself I am close to break even but the comps are so good it keeps me in the black

Chuck Sims · 10-14-06, 05:46 PM

Originally posted by InSpades

There is too much winning going around. A lot of people say that 98% of people lose with gambling. Can that be verified anywhere? I doubt its true.

IS

97% of all sports bettors lose. That was released by Nevada Gaming a few years back. I believe it. Just look at Nevada's annual sportsbook win take.

When you hear Nevada sportsbooks crying about a bad month, it usually means the books are not winning as much as last month.

bboots · 10-14-06, 08:54 PM

iM CONFUSED....ARE YOU PLAYING THE mANSION SPORTSBOOK WHERE YOUR LIMITS WERE CUT? THE EXCHANGE HAS NO LIMIT

patswin · 10-14-06, 08:59 PM

teasers maybe?

psycho44 · 10-14-06, 09:03 PM

the % might be higher for players losing but I think the 2% that win are sharpies that wager a lot more than the average losers. Kind of like the 2% rich snobs that control our country. They have more money combined than the 98% of the poor population.

slash · 10-15-06, 02:05 AM

Originally posted by bboots

iM CONFUSED....ARE YOU PLAYING THE mANSION SPORTSBOOK WHERE YOUR LIMITS WERE CUT? THE EXCHANGE HAS NO LIMIT

The limit in the exchange depends mainly on the offers that Mansion make available.

InSpades · 10-15-06, 02:19 AM

Originally posted by psycho44

the % might be higher for players losing but I think the 2% that win are sharpies that wager a lot more than the average losers. Kind of like the 2% rich snobs that control our country. They have more money combined than the 98% of the poor population.

I wonder what the % of losers is for offshore.

IS

Doug · 10-15-06, 02:28 AM

I still love Mansion, they pay with no BS. I think they are unprofitable, probably never will be proftable. Maybe the guy has blown 10 million + on it, but that's like a pack of ciggies to a multi-billionaire.

I feel as safe there as anywhere.

Didn't WWTS drop from A+ to C-, or something in about a day ? I may be wrong about that.

I'll take the guy that 20 M means nothing to, personally !

Dark Horse · 10-15-06, 02:35 AM

The problem is that some of his nonchalance towards money may be trickling through to the organization. (as in underestimating the mystery of the disappearing wagers)

InSpades · 10-15-06, 02:53 AM

[QUOTE=Doug]I still love Mansion, they pay with no BS. I think they are unprofitable, probably never will be proftable. QUOTE]

That may be the case. It might be just a toy for him.

IS

Doug · 10-15-06, 03:10 AM

J'ever see "The Thomas Crowne affair" ? A millioaire playboy dude wrecks 100k catamarans, for fun !

Herman Munster had his trains !

Steinbrenner has his Yankees !

Mansion dude has his book/ exchange ?

I really believe if this man quits, he pays !

At this point, if you are going to play, it may as well be at Mansion, IMO !

slash · 10-15-06, 10:26 AM

[QUOTE=Doug]Maybe the guy has blown 10 million + on it, but that's like a pack of ciggies to a multi-billionaire.
[QUOTE]

I think this venture has cost him at least $100 million.

RickySteve · 10-15-06, 01:09 PM

[QUOTE=slash][QUOTE=Doug]Maybe the guy has blown 10 million + on it, but that's like a pack of ciggies to a multi-billionaire.

I think this venture has cost him at least $100 million.

Comical.

slash · 10-15-06, 01:44 PM

[QUOTE=RickySteve][QUOTE=slash]

Originally posted by Doug

Maybe the guy has blown 10 million + on it, but that's like a pack of ciggies to a multi-billionaire.

Comical.

You don't agree with my figure? Then you must consider it to be higher I guess.

Sam Odom · 10-15-06, 03:14 PM

Fact is a book is only as good as the last payout. Mansion is solid up to now.

If you ran a biz before then you know it is always the 'last' check that bounces.

bigboydan · 10-15-06, 03:47 PM

[QUOTE=slash][QUOTE=Doug]Maybe the guy has blown 10 million + on it, but that's like a pack of ciggies to a multi-billionaire.

I think this venture has cost him at least $100 million.

I don't know if it's quite that high Slash, but it's gotta be in that ball park range IMO.

People have gotta remember just how much they got hit for early when they first opened. Way back when Mansion was like a money tree growing in your own backyard.

RickySteve · 10-15-06, 04:11 PM

[QUOTE=slash][QUOTE=RickySteve]

Originally posted by slash

You don't agree with my figure? Then you must consider it to be higher I guess.

They've easily lost at least $40 thousand kajillion USD. I kept telling them that 5-1 blackjacks and adding rather than subtracting rake from the pot would hurt the bottom line. That "Free Porsche" signup bonus really stung too.

pags11 · 10-16-06, 03:13 AM

slash, I agree that they are going downhill...