Don't use bookies and Don't fly in and out of Vegas

[curious]

Everything I've said here is fact.

That article was mostly factual as well.

You're the one taking a few anecdotes and applying them universally to Las Vegas.

So for anyone that's confused:

There are a lot of pathetic sportsbooks in Vegas that are there only as a courtesy and they don't want real action. There are a number of very good sportsbooks that will take decent action ($3k to >$10k on MLB sides) even from sharp bettors. At these books you don't need to demonstrate slot or table action.

Does Vegas compare to online as far as limits go? No. Does it have softer,slower-moving lines? Yes.

I'm not trying to get in some argument here, I'm just trying to tell people the truth. If you doubt me, come on over, I'll personally take you to the books that will take your bets. They won't be terrified of your sharpness. I promise.

Are the softer and slower moving lines worth the extra expense of traveling?

Is sportsbetting rated for comps just like table games?

[dizzyd]

gridironguy i know what you are saying, if you win a lot of money at vegas it would be wise to file your taxes.

however if you went to a casino in another country to gamble why would you file when you did everything with cash? if you get a lot of money then buy a diamond ring... or something expensive... so you don't have to carry that much money onto the plane. there is nothing the irs or the us can do about it...

and about the online offshore gambling... if you didn't provide any type of id like your drivers license or ss# to your bookie then there isn't much the irs or the us can do about it if they get busted. this is why you don't do echecks.

the only thing you have to worry about is depositing a lot of money on to your bank account. it will rise red flags and and the irs will want to know where that came from.

if you win in vegas FILE...
if you win in a casino out of the country FILE if you want to be honest...
as for offshore gambling online, the only thing you have to worry about is what you do with that money you won...

I will be depositing money soon into thegreek. Which of their deposit methods are best? I was planning on doing E-Check. What would be the best deposit option in your opinion and why?

[MrX]

Are the softer and slower moving lines worth the extra expense of traveling?

It could be. It depends on how much your betting, how much it costs you to travel, and how many online outs you have, among other things. Just check the Vegas lines every time you make an online bet and see if you could have gotten a better price. Pretty soon you can figure out if it would be worthwhile or not.

Is sportsbetting rated for comps just like table games?

It differs from book to book, but basically you don't get much.

[Tevez]

No one stays at the top forever.


Luck has nothing to do with the games they play.



They had it all, they ran the show, and it was paradise...while it lasted.



Don't Push Your Luck.



Winner loses all.

[DHJetsFan777]

I will be depositing money soon into thegreek. Which of their deposit methods are best? I was planning on doing E-Check. What would be the best deposit option in your opinion and why?

The thing about E-Check is that they will leave trails. You also probably have to give extra information to the book that you wouldn't want to give. I think ** is perfect for small transfers, under 1K, I personally would split that 1K up into 500's. I just made 2 deposits so far. Both 100's. I'm not a high roller and don't plan to be in times like these.

If you are a high roller then you should just make the trips to Vegas. If you go at the right times, it really isn't that expensive. You don't have to pay the taxes if they don't make you fill out those papers. I'm sure many people here will disagree with that but how would they know your winnings? Most of the casinos in Vegas, you can use cash. They will never know. If your worry about carrying a lot of money onto the plane then drive back.

Sorry got off topic.
Use ** or **. It's almost like a instant transfer. Pay them in cash, they give you the control number, and you go home and type in the number, and in a few minutes you will have money in your account.

Use the offshore books for small bets.
Make the trip to Vegas for big bets.
Pray that the US will allow Vegas to go online.

The feds wouldn't fry the small fishes. They go for the top. The IRS and the US won't hunt down someone for that $500 even 1000's you owe them. Especially if they don't have all your information. They will probably end up losing money and probably won't end up making much of a impact they would want. They will go for the high rollers which is why you should just make the trip to Vegas. It's well worth the trip and just file the taxes where required.

Be careful of not giving to much information. Most importantly your banking information and SS#.

Good Luck!

[pico]

You don't understand the mindset of casino people if you think that "only" one year of paying out more winners than losers would not make them change the way they do things. Casino people are NOT risk takers. They only want action where they have a definitive edge. They view the gamblers' money as their money and get very upset if the gambler keeps any of it. I did some consulting to casino management a few years ago. Take how they treat blackjack players as an example. Every blackjack player is treated as a potential "21 cheat" which is the casino code for a card counter. Card counting isn't cheating, its using your brain to remember what cards you have seen. A blackjack table makes its profit based on hands dealt per hour. The fewer decks used and the deeper you deal into the deck, the more hands are dealt per hour and the more money the blackjack table makes. Using an eight deck shoe and dealing out only 6 decks the number of hands dealt per hour is abysmal. If I was running a casino, all my blackjack games would be single deck with all the cards dealt out. This gives the highest number of hands per hour possible, hence the most profit possible. The number of blackjack players who know what card counting is is probably 10%, the number who can actually do card counting is probably 10% of that, and the number who can do it well enough to hurt the casino is probably 10% of that. Or, 1/10th of 1%. Most card counters go broke because they overbet their bank. So, the casino, in order to protect themselves from a perceived, not a real threat, purposely treat ALL customers of the blackjack tables like criminals and purposely put in rules and conditions that greatly lower the profit per table per hour. It is quite easy to prove this mathematically. Yet, there is not ONE casino in North America that deals single deck blackjack with all the cards dealt out, even though that would give them the highest profits possible, because of their overwhelming fear that a few players might be skilled enough to win. It is ridiculous. But talking to casino people is like talking to a brick. Actually, I think a brick has more intelligence.

As a gag I had some t-shirts printed up one time that said "Jackblack WV Professional Blackjack Player's Association" and got some of my lady friends to go with me to casinos and sit down to play. We were playing low stakes and just having fun. You would have thought we came in there wearing masks with guns drawn. It was hysterical. We made up a ridiculous story about being "professional" blackjack players from Jackblack WV. LOL

sands casino in macau use the perpentual shuffle machine for blackjack. that should give you the highest number of hand per hour. i don't think it'll take long before vegas replace 4-8 deck machines with these.

fyi, macau gambling revenue has already surpassed vegas...but i have not found a legal sportsbook in any of the macau casinos...i think most sportsbook are agent rings or done underground. that just to show you that those asian knew sportsbook is not as profitable as bj, baccarat, sic bo etc. oh, my biggest gripe with macau is that i can't find a craps table anywhere. the house edge on don't passline is around 1.7%...i think the profit margin is too low for casinos to use them. anyways, vegas still has the some of the best games in the world. i saw couple of 100x odds for craps in downtown vegas. if you do it right, you can pretty much lower the house limit to nil.

[BigGame]

If you doubt me, come on over, I'll personally take you to the books that will take your bets. They won't be terrified of your sharpness. I promise.

MrX, I'm hoping this doesn't put you on the spot, and my question unfortunatly doesn't apply to me (maybe one day, I can dream...lol), but can you think of any places in LV that would allow say up to $5k on college FB totals to someone they consider sharp?

I don't have any LV sportsbetting experience, online only. Thanks in advance, and no worries if you can't or aren't able to answer.

[MrX]

MrX, I'm hoping this doesn't put you on the spot, and my question unfortunatly doesn't apply to me (maybe one day, I can dream...lol), but can you think of any places in LV that would allow say up to $5k on college FB totals to someone they consider sharp?

I don't have any LV sportsbetting experience, online only. Thanks in advance, and no worries if you can't or aren't able to answer.

I know nothing of college football limits, but I can ask around. My feeling is that the limits will be pretty low with the exception of some high-profile games, but I really don't know. I'll let you know what I find out tomorrow.

[gridironguy]

I know nothing of college football limits, but I can ask around. My feeling is that the limits will be pretty low with the exception of some high-profile games, but I really don't know. I'll let you know what I find out tomorrow.

Well, what did you find out?

[gridironguy]

You don't understand the mindset of casino people if you think that "only" one year of paying out more winners than losers would not make them change the way they do things. Casino people are NOT risk takers. They only want action where they have a definitive edge. They view the gamblers' money as their money and get very upset if the gambler keeps any of it. I did some consulting to casino management a few years ago. Take how they treat blackjack players as an example. Every blackjack player is treated as a potential "21 cheat" which is the casino code for a card counter. Card counting isn't cheating, its using your brain to remember what cards you have seen. A blackjack table makes its profit based on hands dealt per hour. The fewer decks used and the deeper you deal into the deck, the more hands are dealt per hour and the more money the blackjack table makes. Using an eight deck shoe and dealing out only 6 decks the number of hands dealt per hour is abysmal. If I was running a casino, all my blackjack games would be single deck with all the cards dealt out. This gives the highest number of hands per hour possible, hence the most profit possible. The number of blackjack players who know what card counting is is probably 10%, the number who can actually do card counting is probably 10% of that, and the number who can do it well enough to hurt the casino is probably 10% of that. Or, 1/10th of 1%. Most card counters go broke because they overbet their bank. So, the casino, in order to protect themselves from a perceived, not a real threat, purposely treat ALL customers of the blackjack tables like criminals and purposely put in rules and conditions that greatly lower the profit per table per hour. It is quite easy to prove this mathematically. Yet, there is not ONE casino in North America that deals single deck blackjack with all the cards dealt out, even though that would give them the highest profits possible, because of their overwhelming fear that a few players might be skilled enough to win. It is ridiculous. But talking to casino people is like talking to a brick. Actually, I think a brick has more intelligence.

As a gag I had some t-shirts printed up one time that said "Jackblack WV Professional Blackjack Player's Association" and got some of my lady friends to go with me to casinos and sit down to play. We were playing low stakes and just having fun. You would have thought we came in there wearing masks with guns drawn. It was hysterical. We made up a ridiculous story about being "professional" blackjack players from Jackblack WV. LOL

Brilliant post by a guy who clearly "gets it".

[gridironguy]

MrX, I'm hoping this doesn't put you on the spot, and my question unfortunatly doesn't apply to me (maybe one day, I can dream...lol), but can you think of any places in LV that would allow say up to $5k on college FB totals to someone they consider sharp?

I don't have any LV sportsbetting experience, online only. Thanks in advance, and no worries if you can't or aren't able to answer.

If they consider you "sharp", no way no how do you get $5K down on a CFB Total. Absolutely no way. Besides, most every place has a limit of $1K per CFB Total no matter who it's from, beit a sharp or a square.

No place I went allowed me more than $550 on a college total, and I went places on and off the strip.

[BigGame]

Good info, GIG. $1k max is embarrassing for a town perceived as the gambling mecca.