Corporate Vegas bookies/casinos cower in fear over losing $

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  • megamillionslose
    SBR MVP
    • 08-20-08
    • 2758

    #1
    Corporate Vegas bookies/casinos cower in fear over losing $
    Got this off Twatter

    Big corporate Las Vegas casinos are closing their doors on ‘gambling’. Sure, they will take your sucker bets, but they are scaling back and ripping off customers like never before.

    Sad Examples:
    Venetian LOWERED odds on blackjack from 3-2, to 6-5. This FLEECES players. This is a $35 BILLION DOLLAR COMPANY who decided milking players for a 2% edge WAS NOT SUFFICIENT, they needed 4% – PER HAND!
    Wynn ELIMINATED 3-5x odds behind the line in craps, only allowing 2x odds. The higher the bet behind the line, the better your overall win rate as its the ONLY fair bet in Las Vegas. 2x used to be the Las Vegas norm, but it went to 3-5x to give players less of a negative edge, no longer at Wynn.
    Sports Sad Examples:
    Caesars Palace GOT RID of NFL teasers for the AFC/NFC champ week. Why? Because they were losing on them for a couple weeks. Tony, the local bookie pulls that move, not a BILLION DOLLAR COMPANY.
    MGM uses 20 cent baseball lines. One reason to bet baseball is casinos usually entice players with dime lines, ie, both teams -105 in pick’em, not -110. NOT AT MGM! Looking to milk their fish/clients for the max, they charge TWICE the odds of their competitors.
    Online sportsbooks are where its at
    Its a Monday night and the Bucs are playing the Kings in the NBA – what a boring matchup. Pinnacle Sports will take a $20,000 wager from ANYBODY on the game. You CANNOT bet $5,000 on it at ANY Las Vegas casino unless you are a known whale who has dropped 5x that amount on BJ or craps.
    Conclusion
    For those who can bet online, open accounts and do so. IGNORE tweets/comments from Vegas as if they are ‘experts’ for they are mere marketing machines now. The brightest minds in the industry are focused where the real betting action is, and that’s online, not in Las Vegas anymore!
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    Vegas is broke men

    Sands Properties in deep shit

    Caesars bankrupt
    Comment
    • Sledge187
      SBR MVP
      • 04-25-08
      • 3722

      #3
      It feels like Vegas is close to death.
      Comment
      • Mr. Teaser
        SBR MVP
        • 08-16-09
        • 1668

        #4
        The change came because Vegas changed their target market and they did this a few years back. Vegas is no longer for the gambler anymore. Vegas is now for the "what happens in Vegas stays in Vegas" party crowd. They sell the crazy Vegas experience. Go even further...comps as we knew them are gone and prices for everything have soared. The gambler simply isn't their priority anymore.
        Comment
        • sweethook
          SBR Posting Legend
          • 11-21-07
          • 12667

          #5
          and the poker rake is a fukin killer
          Comment
          • importmoon
            SBR MVP
            • 04-22-11
            • 1140

            #6
            Vegas never fear you win or lose or draw the only fear is lack of traffic... somehow somewhere you will give it back.. also they will kiss ur arse especially when you r up cause they fear you will lose it to another casino... remember when you r a whore you don't fear a 12 inches dick but you will fear when there is NO dick...
            Comment
            • MarcusPaige
              SBR Sharp
              • 02-16-14
              • 272

              #7
              Can't believe Ventian lowered blackjack odds. Why would anyone play there? Seems like it would lose them lots of money with people not even bothering to set foot in their casino any more.
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388179

                #8
                Jerkoffs go to those places

                I am real jerkoffs

                Small places where it is till at

                Coast Properties for one
                Comment
                • Wallnuts
                  SBR High Roller
                  • 10-28-15
                  • 204

                  #9
                  3/2 blackjack will be dead in a few years. the suckers will keep playing. you should have seen the odds on the cruise I took last fall. single odds on craps unless you were betting greens then they allowed 2x max. single deck bj 6,5 on the first ten bucks , then even money after that lololol
                  Comment
                  • Reload
                    SBR Posting Legend
                    • 03-23-08
                    • 12250

                    #10
                    All pretty sad really. You play the role...you pay the toll!
                    Comment
                    • mr. leisure
                      SBR Posting Legend
                      • 01-29-08
                      • 17507

                      #11
                      And don`t forget those fukin resort fees .
                      Comment
                      • jjgold
                        SBR Aristocracy
                        • 07-20-05
                        • 388179

                        #12
                        why go??
                        Comment
                        • gauchojake
                          BARRELED IN @ SBR!
                          • 09-17-10
                          • 34116

                          #13
                          6/5 BJ, auto shufflers, shitty pay tables on VP, reduced odds on craps, etc etc etc. All designed to part the fool from his money more quickly. Haven't been to Vefas in over a year for a reason. Would rather play pit games at an Indian Casino.
                          Comment
                          • Frank
                            SBR Wise Guy
                            • 10-13-07
                            • 918

                            #14
                            MGM Resorts International will break from a long-standing Las Vegas tradition and begin charging customers to park at the company's Strip resorts as part of a $90 million strategy to "expand and en...


                            Don't forget you will need to pay to park starting soon.
                            Comment
                            • dealer wins
                              SBR Wise Guy
                              • 02-03-09
                              • 816

                              #15
                              Been to Vegas many times. Now you cant play blackjack anymore (6to5 is not BJ) I dont go.

                              Sad as I loved my times there, but times change and Vegas got greedy.
                              Comment
                              • KVB
                                SBR Aristocracy
                                • 05-29-14
                                • 74817

                                #16


                                Last year in Tahoe there were 3-2 blackjack and 6-5 blackjack tables right next to each other. The 6-5 table was crowded with people standing behind the players. The 3-2 had no one playing, just the dealer standing by herself.

                                The pit boss and I got a good laugh over that one.

                                I think it was psychological. The multi deck shoe became known as the defense against sharp players and regular players built into their psyche that one or two decks is automatically better.

                                So what do they do? The make one a two deck tables 6-5 and the people just flock to it.

                                "It's not that gamblers don't know, it's that what they know is wrong" even applies to table games.

                                Comment
                                • VeggieDog
                                  SBR Hall of Famer
                                  • 02-21-09
                                  • 7214

                                  #17
                                  It's not the casinos fault that the ploppies are idiots.
                                  Comment
                                  • Craig22
                                    SBR Sharp
                                    • 01-14-16
                                    • 370

                                    #18
                                    Vegas is losing to Macau. All the big-time Asian Gamblers are flocking to Macau when they used to travel to Vegas.
                                    Comment
                                    • DrunkHorseplayer
                                      SBR Hall of Famer
                                      • 05-15-10
                                      • 7719

                                      #19
                                      Sports betting is the only beatable game on the Strip; plenty of good BJ at the locals' joints.
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388179

                                        #20
                                        Originally posted by Craig22
                                        Vegas is losing to Macau. All the big-time Asian Gamblers are flocking to Macau when they used to travel to Vegas.

                                        wrong..they are crushed too because of govt crackdowns there
                                        Comment
                                        • mtneer1212
                                          SBR MVP
                                          • 06-22-08
                                          • 4993

                                          #21
                                          Go to the station casinos, or most of the casinos downtown..... 20x to 100x odds on craps, 3:2 on blackjack -- none of that extra take nonsense.
                                          Comment
                                          • Biff41
                                            SBR MVP
                                            • 07-23-14
                                            • 1234

                                            #22
                                            I see two problems here men. The brick and mortar stores have more overhead, especially the glamour joints spending huge amounts on design and style. Combine that with the heavy regulations and related expenses. Internet's have way less problems and expenses, other than the problem of money transfer regulations.
                                            Comment
                                            • Grits n' Gravy
                                              Restricted User
                                              • 06-10-10
                                              • 13024

                                              #23
                                              Some truths in the tweets but at the end of the day a person looking for an all around experience will gamble in Vegas. Yes, the major corps have tightened the odds but let's be real, almost all of you would still be losing gamblers even if the had a 5/1 21 table.

                                              Every major gaming company is facing the same problem(over expansion and the interest payments on debt). Caesars filed bankruptcy to get out from enormous interest payments and Wynn and LVS are getting closer to that point than they were in 06-08. Ditto for MGM. Stations is only in good shape because they went through bankruptcy and stiffed everyone.

                                              Some smart gambling minds have dipped their feet into online gaming but many of them do it because they either lost their gaming license, can't find a good casino job or found loopholes to exploit. At the end of the day the legal issues and getting paid(as biff mentioned) make it an inferior product. So many people in states talk "Pinny this...Pinny that....".. Bitch, you can't bet at Pinny so stfu.
                                              Comment
                                              • KVB
                                                SBR Aristocracy
                                                • 05-29-14
                                                • 74817

                                                #24
                                                Originally posted by Grits n' Gravy
                                                Some truths in the tweets but at the end of the day a person looking for an all around experience will gamble in Vegas. Yes, the major corps have tightened the odds but let's be real, almost all of you would still be losing gamblers even if the had a 5/1 21 table.

                                                Every major gaming company is facing the same problem(over expansion and the interest payments on debt). Caesars filed bankruptcy to get out from enormous interest payments and Wynn and LVS are getting closer to that point than they were in 06-08. Ditto for MGM. Stations is only in good shape because they went through bankruptcy and stiffed everyone.

                                                Some smart gambling minds have dipped their feet into online gaming but many of them do it because they either lost their gaming license, can't find a good casino job or found loopholes to exploit. At the end of the day the legal issues and getting paid(as biff mentioned) make it an inferior product. So many people in states talk "Pinny this...Pinny that....".. Bitch, you can't bet at Pinny so stfu.
                                                Agree with everything and it jives with my knowledge.

                                                Let me just say, if one were motivated and lived in the US, one could create relationships around the world that could make it possible to get down at Pinny.

                                                Theoretically, of course.

                                                Comment
                                                • Grits n' Gravy
                                                  Restricted User
                                                  • 06-10-10
                                                  • 13024

                                                  #25
                                                  Originally posted by KVB
                                                  Agree with everything and it jives with my knowledge.

                                                  Let me just say, if one were motivated and lived in the US, one could create relationships around the world that could make it possible to get down at Pinny.

                                                  Theoretically, of course.

                                                  I have 2 pinny accounts from when i lived in macau. Can still access them through vpn but as you stated there are plenty of pinny agents in every major city to set accounts with.

                                                  That fat kid Leonard from Steve Stevens show was a big pinny agent until something happened to him.
                                                  Comment
                                                  • kmarinouofm
                                                    SBR Hall of Famer
                                                    • 01-26-09
                                                    • 8437

                                                    #26
                                                    Originally posted by Grits n' Gravy
                                                    I have 2 pinny accounts from when i lived in macau. Can still access them through vpn but as you stated there are plenty of pinny agents in every major city to set accounts with.

                                                    That fat kid Leonard from Steve Stevens show was a big pinny agent until something happened to him.
                                                    pizza guy here down the street from my folks used to be my 5Dimes guy.. he got sloppy and you could walk in to get a pizza and watch his wannabe Mafia ass sweating games out.. or taking bets over the phone..

                                                    I never called it in.. unless in a pinch.. much rather use the website..

                                                    Anyway, anyone with half a brain could put two and two together...

                                                    Phone rings and they aren't asking the price for a large pepperoni and 2 L of coke.. but what the ML is on the yankees.. people start putting two and two together..

                                                    I need to find a Pinny Guy on the beach..

                                                    To be honest I haven't asked around enough in my circles.. someone in my company has to have someone..

                                                    been at 5dime and BetOnline lately..

                                                    but I miss my line of credit at 5Dimes..
                                                    Comment
                                                    • xKMACKx
                                                      SBR MVP
                                                      • 11-16-08
                                                      • 1274

                                                      #27
                                                      I just stick to Treasure Island where they have 3:2 blackjack still. Most people have no clue what the difference is so of course they'd rip off the morons.
                                                      Comment
                                                      • xKMACKx
                                                        SBR MVP
                                                        • 11-16-08
                                                        • 1274

                                                        #28
                                                        Further, they dont make their money of gambling anymore. It's all off entertainment and clubs.
                                                        Comment
                                                        • jjgold
                                                          SBR Aristocracy
                                                          • 07-20-05
                                                          • 388179

                                                          #29
                                                          They don't even need sports betting
                                                          Comment
                                                          • getlucky2win
                                                            SBR MVP
                                                            • 01-14-12
                                                            • 1120

                                                            #30
                                                            was at venetian not long ago and $50 tbls still payed 3-2. mgm is 25 min for 3-2. TI will not allow u to count cards for long. bj on the strip sux unless u find a gd ho. i also thnk there will only be 6-5 everywhere soon

                                                            20x and 100x odds only available at main st and casino royale. they are packed and dealers r assholes.

                                                            vegas books have not been industry standard for sometime. offshore creates the lines and vegas copies. old school gamblers remember when all the offshores started up their lines were always sharper then vegas. so now they just copy em.

                                                            vegas doesnt wanna gamble. cant even bet big on table gms where house has edge. gaming revenue is not where vegas makes its money these days. resort fees and paid parking is ridiculous. 2009 venetian and everyone was givin me free rms and i only played poker and bj. if another recession hits they are all fckd. plenty of places for ppl to gamble now.
                                                            Comment
                                                            • jjgold
                                                              SBR Aristocracy
                                                              • 07-20-05
                                                              • 388179

                                                              #31
                                                              Originally posted by getlucky2win
                                                              was at venetian not long ago and $50 tbls still payed 3-2. mgm is 25 min for 3-2. TI will not allow u to count cards for long. bj on the strip sux unless u find a gd ho. i also thnk there will only be 6-5 everywhere soon

                                                              20x and 100x odds only available at main st and casino royale. they are packed and dealers r assholes.

                                                              vegas books have not been industry standard for sometime. offshore creates the lines and vegas copies. old school gamblers remember when all the offshores started up their lines were always sharper then vegas. so now they just copy em.

                                                              vegas doesnt wanna gamble. cant even bet big on table gms where house has edge. gaming revenue is not where vegas makes its money these days. resort fees and paid parking is ridiculous. 2009 venetian and everyone was givin me free rms and i only played poker and bj. if another recession hits they are all fckd. plenty of places for ppl to gamble now.
                                                              its amazing offshore still the king
                                                              Comment
                                                              • Grits n' Gravy
                                                                Restricted User
                                                                • 06-10-10
                                                                • 13024

                                                                #32
                                                                Originally posted by getlucky2win
                                                                was at venetian not long ago and $50 tbls still payed 3-2. mgm is 25 min for 3-2. TI will not allow u to count cards for long. bj on the strip sux unless u find a gd ho. i also thnk there will only be 6-5 everywhere soon

                                                                20x and 100x odds only available at main st and casino royale. they are packed and dealers r assholes.

                                                                vegas books have not been industry standard for sometime. offshore creates the lines and vegas copies. old school gamblers remember when all the offshores started up their lines were always sharper then vegas. so now they just copy em.

                                                                vegas doesnt wanna gamble. cant even bet big on table gms where house has edge. gaming revenue is not where vegas makes its money these days. resort fees and paid parking is ridiculous. 2009 venetian and everyone was givin me free rms and i only played poker and bj. if another recession hits they are all fckd. plenty of places for ppl to gamble now.
                                                                Define "bet big" at tables.
                                                                Comment
                                                                • Grits n' Gravy
                                                                  Restricted User
                                                                  • 06-10-10
                                                                  • 13024

                                                                  #33
                                                                  Originally posted by jjgold
                                                                  its amazing offshore still the king
                                                                  For looking at market numbers but betting, not so much.

                                                                  Good luck getting paid consistently and promptly. Care for a list of offshore that stiffed people jj?
                                                                  Comment
                                                                  • jjgold
                                                                    SBR Aristocracy
                                                                    • 07-20-05
                                                                    • 388179

                                                                    #34
                                                                    Grifter call me
                                                                    Comment
                                                                    • mikewlgm
                                                                      SBR MVP
                                                                      • 04-04-15
                                                                      • 1031

                                                                      #35
                                                                      Originally posted by mr. leisure
                                                                      And don`t forget those fukin resort fees .

                                                                      seriously

                                                                      Comment
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