11 beliebte Bellagio chips Vergleichstabelle - Produkte ...

TIL a man robbed The Ballagio Casino of $1m in poker chips - that he could only spend at the Bellagio. In a matter of weeks weeks he was down to $20K, spending his winnings on OxyContin, more gambling, and one night a four-hour hand job.

TIL a man robbed The Ballagio Casino of $1m in poker chips - that he could only spend at the Bellagio. In a matter of weeks weeks he was down to $20K, spending his winnings on OxyContin, more gambling, and one night a four-hour hand job. submitted by unremovable to unremovable [link] [comments]

TIL a Bellagio Bandit stole $1.5 million worth of casino chips, however, these chips turned out to be worthless, so, he joined an online forum, trying to sell the chips he had just stolen from the biggest casino in Las Vegas. He was soon caught and sentenced to prison for 3 to 11 years

TIL a Bellagio Bandit stole $1.5 million worth of casino chips, however, these chips turned out to be worthless, so, he joined an online forum, trying to sell the chips he had just stolen from the biggest casino in Las Vegas. He was soon caught and sentenced to prison for 3 to 11 years submitted by GlazedSteel to todayilearned [link] [comments]

Beyond Belief: The Bellagio Bandit -- Man walks into Vegas casino wearing motorcycle helmet, draws handgun, walks out with $1.5m in chips. Trouble is $25,000 denomination chips take some work getting rid of...

submitted by DrRichardCranium to Foodforthought [link] [comments]

Armed man steals $1.5m in chips from Bellagio casino in Las Vegas

submitted by scooser to reddit.com [link] [comments]

Helmet-wearing gunman robs Bellagio casino of $1.5 million in chips and he's still on the lam. House doesn't always win!!!

submitted by SwirlStick to reddit.com [link] [comments]

$1.5M robbery of Bellagio Casino foiled thanks to RFID chips

$1.5M robbery of Bellagio Casino foiled thanks to RFID chips submitted by fitzroy95 to technology [link] [comments]

My uninteresting poker story. Is it time to give up on the dream or do I gather myself and make one last run at it?

This is going to be a long post. My life story almost. It all started in 2010 when I was introduced to poker. Yada yada yada, I got hooked.
Naturally a tight passive player, I was able to stretch each $20 deposit a long way.
I slowly started adding aggression. Betting with flush draws, etc.
Ran it up to around 3k.
Booked a flight to LA to go visit my cousin but it was really just an excuse to go to commerce casino (my first live experience).
Didn't know about their $40 buy in structure. Lost 3k in 1 week.
quit playing for a while.
black friday happens.
Dream is offically dead.
Oh wait, what are these off shore sites. Bodog? sportsbookpoker? intertops? cake? wtf. lets check them out.
Ran good on intertops. Turned $20 into 4.3k in 1 week by running like Usain.
Played against a guy named ivysaurus for my entire roll at 25/50 headsup.
Lost.
Called it quits again.
got a job at a restaurant.
worked there for 2 years.
saved up 10k.
moved to vegas in 2016.
played live 1/2.
played too loose.
Lost about 2k the first month.
Switched over to playing 1/3 at bellagio.
better results started happening.
wpt diamond is starting.
Cameras all over the place in bellagio.
poker tables all full.
The sportsbook is filled with tables now.
My roll is at 16k.
I try to get into a 1/3 game. Waitlist too deep.
2/5, same story.
Theres an open seat at a 5/10 game.
eh why not, im running good lately.
I sit down. Called down 2 streets 2nd pair.
My heart is racing. Villain checks river. I check back. I win.
$300 profit in 1 hand.
New villain sits down at table.
Hes a tv guy that plays 25/50 on poker night in america. I forget his name. Arabic or armenian lookin dude with curly hair.
He wild.
Hes splashing cuz hes just trying to pass the time until he gets into the bigger games.
I win 2k off him in like 30 minutes. He gives me the death look and mutters some curse words. Floor comes over, tells this man his seat is open. He gets up. Floorman picks up his chips for him cuz he a bitch.
Game seems to be too tough now. Actually its the same game, but Im sitting on a 4k stack. I get nervous and cash out.
my bankroll at like 19k now. Highest point of my life.
Fell in love with a hooker. Down 3k.
bankroll 16k.
Refocus.
Go to aria to play some 1/3.
Crush it.
Lots of noise at a plo table in the corner near the bathroom.
I get on the waitlist for that game.
Im addicted to plo now.
Ran good at first. Won like 5k my first week playing 1/3/5 plo.
Then my ev started leveling out. I was never a winner at plo.
Lost the 5k right back and then some.
dont worry, losing 5-7k in a week isnt that bad.
or is it?
damnit it was.
This was the moment I should have gone back to 1/3 nl.
but nope. Plo more fun.
kept playing. learning on the fly. didnt do that bad looking back on it, but it was still bad.
my bankroll was down to 14k at one point and I remember feeling so defeated.
I might as well have had $100 to my name, cuz thats what it felt like. I do not know why. Mental issues.
It was all down hill from here.
the chase begins...
fill in the blanks
you know how this story ends.
submitted by IneedhelpwithSolar to poker [link] [comments]

Poker trip report

I decided on a last minute whim to play the Venetian 100k this weekend. I planned on entering flight 1C on Friday and to my surprise, I was alternate 180 at around noon. The tournament was around 200 capacity with no rooms for more because the cash games were going and was told to come back an hour later to check if I would be next. 4 o'clock rolls around and the tournament director isn't even close to calling my number. The blinds were 300/600 with 600 BB ante, and I de-registered and got my money back. I asked the cage personnel if I can register for flight 1D, and to my surprise they said no, and to come around at 8 in the morning to wait in line.
After getting my money back, I drove over to the Bellagio and played in a mix game that consisted of stud 8 and super stud 8. Cindy Violet was playing and running bad, and Chau Giang sat down for a brief moment not playing a single hand and leaving quickly. I played in the game for 14 hours and was down $485 and decided to call it a session. Bellagio poker room was not filled to the brim and my game was tucked in the corner closest to the cage.
I drove back to the Venetian at 7 am and got my $300 free play chips from the casino cage, and proceeded to run the free money up to $1000 real money on the blackjack tables. At around 8 am, I colored up and went to line up at the poker room. The line was already 50 deep and registration doesn't open til 9 am. By the time 9 am roll around the line has already stretched around the huge electronic baccarat tables and pass the Asian noodle restaurant. I registered and went back to my hotel room for shower and a 2 hour nap.
I woke up at 10:45 am, and ate a breakfast sandwich I had gotten before going to my room. I got to my seat at 11:05 and the tournament has just started. Room was very packed, you could not lift up your elbows without bumping into someone. Players at my table were filthy casuals who called preflop with 75% ranges, and I was able to double up my stack at level 2. Someone even called my pot size river bet with 95 high because they thought I was bluffing on a board KQ843, I was, but I had A9. At level 6, I lost a few flips, and a cooler spot where I had top 2 vs a turned straight. I went to my room to sleep for the rest of the day.
TLDR:
Venetian : Poker room is cramped, but the competition is very weak. I got a free bottle of white wine and $300 free play chips to stay there.
Bellegio: Poker room had a lot of space. Saw semi famous poker players.
Vegas: Mask were mandatory everywhere, a lot of people wore them incorrectly. No smoking at the blackjack tables. Strip is sketchier than normal, saw homeless lady in the Venetian fountains skimming for change.
Drove home on Sunday.
submitted by nobazn to poker [link] [comments]

I flopped a royal my first hanf of live poker this year. We're off to a good start

I flopped a royal my first hanf of live poker this year. We're off to a good start submitted by pintopedro to poker [link] [comments]

Report your table minimums here (COVID Edition) part 3

Part 3 in the COVID series.
To try and make this list more helpful, I have added Weekend Day and Weekend Night, as those can be vastly different than during the week.
I'm trying to monitor Twitter and the Vegas Message Board to get some additional information.
Keep sharing all that wonderful goodness.
I'd like to update the wiki to talk about what sidebets casinos have, so if you know that info, I can add it to the table comments.
Vegas Strip Casino Day Min Night Min Weekend Day Weekend Night Dividers Comments
Aria 10 10 Unknown Unknown No Updated 7/26
Ballys 10 15 10 Unknown 3 tables Updated 8/8
Bellagio 10 25 Unknown Unknown Yes, all tables
Caesars 15 25 Unknown Unknown No
Cosmo 15-25 50-100 Unknown Unknown
Encore 10 10 10 10 Yes, on some tables Updated 8/12
Excalibur 10-15 15 10 15 Updated 8/12
Flamingo 15 15-25 Unknown 25 Updated 8/8
Harrah's 15 25 25 25 No
Linq 15 15 Unknown 25 No Updated 8/8
Luxor 10 10 15 15n Updated 8/12
Mandalay Bay 15 Unknown Unknown Unknown
MGM Grand 10 25 Unknown Unknown Yes
NY/NY 10 15-25 15 Unknown Yes Updated 8/8
Osheas Unknown 15 Unknown Unknown
Paris 15 15 Unknown Unknown No Updated 8/8
Sahara 5 10 10 10 Updated 8/15
Strat Day 10 Unknown 10 25 No
Treasure Island 5 15 Unknown Unknown
Venetian 10-15 25 Unknown Unknown No
Wynn 10 10 10 10 Yes, on some tables Updated 8/12
Downtown Casino Day Min Night Min Weekend Day Weekend Night Dividers Comments
Binions 5 10 Unknown Unknown Binions had $5 table several times (opens at noon) Updated 8/17
California 10 10 Unknown Unknown Tables open at 11AM Updated 8/10
The D 10 15 Unknown Unknown No glass
Downtown Grand 10 10 Unknown Unknown Table opens at noon. Updated 8/10.
El Cortez 10 10 10 10 Yes, some tables 2 tables Updated 8/15
Four Queens 10 10 10 10 No Updated 8/15
Fremont 10 10 10 Unknown Updated 8/10.
Golden Gate 10 15 Unknown Unknown Updated 8/18
Golden Nugget 10-15 10 Unknown Unknown $15 with one table open on 8/18
Plaza 10 10 Unknown Unknown Updated 7/30
Sams Town 15 15 Unknown Unknown 1 table
Offstrip Casino Day Min Night Min Weekend Day Weekend Night Dividers Comments
Aliente 10 10 Unknown Unknown
Boulder Station 10 10 Unknown Unknown
Cannery 5 5 Unknown Unknown up to 2 tables - now allowing 4 per side
Ellis Island 5 5 5 5 1 table - Updated 8/17 - I just called the pit at Ellis. Craps table opens up at 10am and its 5 dollars 90% of the time
Gold Coast 10 10 Unknown Unknown
Green Valley Ranch 10 10 Unknown Unknown 2 tables open
The Orleans 10 25 Unknown Unknown up to 4 tables, I was asked to wear a mask
Palace Station 10 10 Unknown Unknown Unknown
Palms N/A N/A Unknown Unknown No open date announced
Red Rock 10 15 15 Unknown Updated 8/14
South Point 5 5 5 10 No Updated 8/15
Strat 5 10 Unknown Unknown
Sunset Station 5 5 Unknown Unknown
Other NV Casinos Day Min Night Min Weekend Day Weekend Night Dividers Comments
Edgewater (Laughlin) 10 10 Unknown Unknown
Harrahs (Laughlin) 10 15 Unknown Unknown no
Atlantis (Reno) 5/10 5/10 Unknown Unknown 3 tables on weekends
Cal Neva (Reno) 5 5 Unknown Unknown
Circus Circus (Reno) Closed Closed Unknown Unknown Closed table game pit
Eldorado (Reno) 5 10 Unknown Unknown
Grand Sierra (Reno) 15 15-25 Unknown Unknown
Peppermill (Reno) 5 5 10 10 3 craps tables
Silver Legacy (Reno) 10 10 Unknown Unknown
Hard Rock (Tahoe) 5 5 Unknown Unknown
Harrahs (Tahoe) 10 10 Unknown Unknown
Montbleu (Tahoe) 10 15 Unknown Unknown
Nugget (Wendover) 5 5 5 5 Updated 7/31
Peppermill (Wendover) 5 5 10 10 Updated 7/31
Rainbow (Wendover) 5 5 10 10 Updated 7/31
Non/NV Casino Day Min Night Min Weekend Day Weekend Night Dividers Comments
Wind Creek (Wetumpka, AL) 15 25 Unknown Unknown 4 to a table Updated 7/31
Sycuan (San Diego, CA) 10 10 Unknown Unknown Masks required
Barona (So Cal) 10 15 10 10-15 2 tables 2 per side, dealers managing bets for players. Updated 8/21 ($10 at times)
Harrahs (So Cal) 15-25 15-25 15-50 15-50 No Updated 7/31
Viejas (So Cal) N/A N/A Unknown Unknown No live tables
Foxwoods (CT) 15 25 Unknown Unknown
Mohegan (CT) 15-25 25 Unknown Unknown 2 were 10, 2
Harrington (DE) 15 15-25 Unknown Unknown Must wear mask and face shield
Rivers (Chicago, IL) 15 15
Blue Chip (Michigan City, IN) 5 10 Unknown Unknown 5 minimum prop bets, 5 min ATS bet.
Caesars Southern IN 10 15 15 25 Updated 8/5
French Lick Resort (French Lick, IN) 15 15 25 25 Tables open at 11am and close at 3AM. Updated 8/5
Harrah's Hooiser Park (Anderson, IN) 10 10 Unknown Unknown
Indiana Grand (IN) 10 15 Unknown Unknown No
Belle (Baton Rogue, LA) 5 10 Unknown Unknown one half sized table sometimes they open the big one. $5 small table and $10 big late at night
Hollywood (Baton Rogue, LA) 5 10 Unknown 15 Updated 7/24
L’auberge (Baton Rogue,LA) 15 15 Unknown Unknown No
L’auberge (Lake Charles,LA) 15 15 Unknown Unknown No 1 bubble craps $5 min
El Dorado (Shreveport, LA) 10 10 10 10 Updated 8/17
Horseshoe (Shreveport, LA) 15 15 15 15 Updated 8/17
Margaritaville (Shreveport, LA) 15 15 15 15 Updated 8/17
Ocean Downs (MD) 10 15 Unknown Unknown
Maryland Live (MD) 25 50 50 Unknown Yes 5 tables, 4 per side. Electronic craps 15 min
MGM @ National Harbor 50-100 Unknown Unknown Yes 4 craps tables 2 were $50 and 2 were $100 mins. Not bubble craps or low roller options.
Firekeepers (Battle Creek, MI) 10 15+ Unknown Unknown No dividers, only distancing 1-2 tables depending on demand, did see it at $15 during the day $25 on Fri/Sat night. Masks required, no smoking. $3 Bubble Craps.
Four Winds Casino 15 15 Unknown Unknown Digital craps table 5$ min Tuesday and Sunday night. Did not check bubble craps
Gun Lake (Wayland, MI) 10 15 Unknown Unknown No Temp check, masks, usually the crapless table is open
Turtle Creek (Traverse City, MI) 5 Unknown Unknown Unknowned 2 tables, temp check, masks
Soaring Eagle (Mt Pleasant, MI) 10 15 Unknown Unknown Yes 5 players per side with glass. Tough to hear dealer.
Hollywood Casino, Maryland Heights (St Louis) MO 15 15 Unknown Unknown 1 regular table & 1 no craps. 4 per side. No outside drinks.
River City (St. Louis, MS) 20 20 Unknown Unknown Unknown 4 players per side. $20 min. You have to have at least a $20 bet for every throw to "hold your spot"
Beau Rivage (Biloxi, MS) 25 25 Unknown Unknown unknown 3 tables
Boomtown (Biloxi, MS) 10 10 Unknown Unknown Unknown 1 table
IP (Biloxi, MS) 25 25 Unknown Unknown
Scarlett Pearl (Biloxi, MS) 15 25 Unknown Unknown No Masks required, temp check
The Palace Biloxi, MS) 10 15 Unknown Unknown
Treasure Bay (Biloxi, MS) 10 10 Unknown Unknown
Harrah’s Cherokee & Murphy 15 15 Unknown Unknown No
Harrahs River Valley (Murphy, NC) 25 25 Unknown Unknown
Ballys (AC, NJ) 15 15 Unknown 10 Updated 7/29
Caesars (AC, NJ) 15 15 Unknown 15-25 Updated 7/29
Harrahs (AC, NJ) 15 15 Unknown Unknown
Hard Rock (AC, NJ 15 25 Unknown Unknown 2 tables - Updated 7-29
Resorts (AC, NJ) 15 25 Unknown 15 Yes 1 table - Updated 7-29
Ocean (AC, NJ) 10 15 15 25 Yes 4-6 tables
Buffalo Creek (NY) 15 25 Unknown Unknown
Seneca Niagra (NY) 10 15 Unknown Unknown 1 table, can go up to $25
Jack/Harrah's (Cincinnati, OH) 25 25 25 25 3 tables, $25 open to close
Hollywood (Columbus, OH) 10-15 Unknown Unknown Unknown Unknown 2 tables, masks required
Hollywood (Grantville, PA) 15 25 Unknown Unknown Unknown 2 tables, masks required
Harrah's Philly (PA) Unknown Unknown 15 25 Updated 8/10
Meadows (PA) 10 10 Unknown Unknown 2-3 tables.
Mohegan Sun (PA) Unknown Unknown 25-50 Unknown
Windcreek (PA) 10 10 Unknown Unknown
Mount airy (PA) 10 10 Unknown Unknown
Valley Forge (PA) 10
Parx (Bensalem, PA) 15 25 Unknown Unknown 15 but maintaining 25
Southland Casino Racing (West Memphis, TN) N/A N/A Unknown Unknown Yes 4 tables all closed. Other pit games open with plexiglas dividers. Bubble craps $5 minimum.
Mardi Gras (Nitro, WV) 15 Usually open on weekends - Updated 7/28
*Last update 8/21
Part 1. It's getting buried so I figured we would make a new one. Part 2
Pulled additional info from here.
submitted by necrochaos to Craps [link] [comments]

Report your table minimums here (COVID Edition) part 2

The previous post is here. It's getting buried so I figured we would make a new one.
Keep reporting those minimums:
Vegas Strip Casino Day Min Night Min Dividers Comments
Aria 10 10 Yes
Ballys
Bellagio 10 25 Yes, all tables )May be lower on weekday nights, $15 has been seen) Poker tables open
Caesars 15 25 No Poker tables open
Casino Royale N/A N/A N/A Table Games not open
Cosmo 15/25 50-100
Encore 50 100 Yes, on some tables Reports of $10 tables during the day
Excalibur 10-15 15 10 crapless, 15 regular
Flamingo 10-15 15-25
Harrah's 15 25 No
Linq 10-15 10-15 No
Luxor 10 10
Mandalay Bay N/A N/A
MGM Grand 10 25 Yes, all tables
NY/NY 10 15-25 Yes, all tables
Osheas Unknown 15
Paris 10-15 15 No Opened 6/18 - Masks required at tables.
Planet Hollywood N/A N/A No open date announced
Rio N/A N/A No open date announced
Sahara 5 10
Strat Day 10 Unknown
Treasure Island 5 15
Venetian 10-15 25 No
Wynn 25-50 50-100 Yes, on some tables Updated 6/16
Downtown Casino Day Min Night Min Dividers Comments
Binions 5 10 Binions had $5 table several times with little to no social distancing
California 10 10 From 7/15 on Vegas Message Board
The D 10 15 No glass
Downtown Grand 10 10 Checks your temperature before letting you into casino, also NO valet, self-park only.
El Cortez 10 10 Yes, some tables 2 tables
Four Queens 10 10 No From 7/16 on Vegas Message Board, Four queens had a $5 table in the morning on saturday
Fremont 10 10 From 7/15 on Vegas Message Board
Golden Gate 10 15 From 7/14 on Vegas Message Board
Golden Nugget 10 10 From 7/15 on Vegas Message Board
Plaza 10 10
Sams Town 15 15 1 table
Offstrip Casino Day Min Night Min Dividers Comments
Aliente 10 10
Boulder Station 10 10
Cannery 5 5 up to 2 tables - now allowing 4 per side
Ellis Island 5 5 1 table
Gold Coast 10 10
Green Valley Ranch 10 10 2 tables open
The Orleans 10 25 up to 4 tables, I was asked to wear a mask
Palace Station 10 10 Unknown
Palms N/A N/A No open date announced
Red Rock 10 15
South Point 5 5 2-3x tables w/ only one $5 buy in
Strat 5 10
Sunset Station 5 5
Other NV Casinos Day Min Night Min Dividers Comments
Edgewater (Laughlin) 10 10
Harrahs (Laughlin) 10 15 no
Atlantis (Reno) 5/10 5/10 3 tables on weekends
Cal Neva (Reno) 5 5
Circus Circus (Reno) Closed Closed Closed table game pit
Eldorado (Reno) 5 10
Grand Sierra (Reno) 15 15-25
Peppermill (Reno) 10 10 3 craps tables
Silver Legacy (Reno) 10 10
Hard Rock (Tahoe) 5 5
Harrahs (Tahoe) 10 10
Montbleu (Tahoe) 10 15
Non/NV Casino Day Min Night Min Dividers Comments
Foxwoods (CT) 15 25
Mohegan (CT) 10-50 10-50 2 were 10, 2 $15, 1 $25, 1 $50. Plus a high rollers table
Harrington (DE) 15 15-25 Must wear mask and face shield
Blue Chip (Michigan City, IN) 5 10 5 minimum prop bets, 5 min ATS bet.
Harrah's Hooiser Park (Anderson, IN) 10 10
Indiana Grand (IN) 10 15 No
Belle (Baton Rogue, LA) 5 10 one half sized table sometimes they open the big one. $5 small table and $10 big late at night
Hollywood (Baton Rogue, LA) 5 10 one half sized table sometimes they open the big one. $5 small table and $10 big late at night
L’auberge (Baton Rogue,LA) 15 15 No
L’auberge (Lake Charles,LA) 15 15 No 1 bubble craps $5 min
Harrahs (Shreveport, LA) 15 25
Margaritaville (Shreveport, LA) 25 25
Ocean Downs (MD) 10 15
Maryland Live (MD) 25 50 Yes 5 tables, 4 per side. Electronic craps 15 min
MGM @ National Harbor 50-100 Yes 4 craps tables 2 were $50 and 2 were $100 mins. Not bubble craps or low roller options.
Firekeepers (Battle Creek, MI) 10 15+ No dividers, only distancing 1-2 tables depending on demand, did see it at $15 during the day $25 on Fri/Sat night. Masks required, no smoking. $3 Bubble Craps.
Four Winds Casino 15 15 Digital craps table 5$ min Tuesday and Sunday night. Did not check bubble craps
Gun Lake (Wayland, MI) 10 15 No Temp check, masks, usually the crapless table is open
Turtle Creek (Traverse City, MI) 5
Soaring Eagle (Mt Pleasant, MI) 10 15 Yes 5 players per side with glass. Tough to hear dealer.
Hollywood Casino, Maryland Heights (St Louis) MO 15 15 1 regular table & 1 no craps. 4 per side. No outside drinks.
River City (St. Louis, MS) 20 20 Unknown 4 players per side. $20 min. You have to have at least a $20 bet for every throw to "hold your spot"
Beau Rivage (Biloxi, MS) 25 25 unknown 3 tables
Boomtown (Biloxi, MS) 10 10 Unknown 1 table
IP (Biloxi, MS) 25 25
Scarlett Pearl (Biloxi, MS) 15 25 No Masks required, temp check
The Palace Biloxi, MS) 10 15
Treasure Bay (Biloxi, MS) 10 10
Harrah’s Cherokee & Murphy 15 15 No
Harrahs River Valley (Murphy, NC) 25 25
Harrahs (AC, NJ) 15 15
Hard Rock (AC, NJ 25 25 Yes 2 tables
Resorts (AC, NJ) 15 25 Yes 1 table
Ocean (AC, NJ) 15 25 Yes 4-6 tables
Buffalo Creek (NY) 15 25
Seneca Niagra (NY) 10 15 1 table, can go up to $25
Hollywood (Columbus, OH) 10-15 Unknown Unknown 2 tables, masks required
Hollywood (Grantville, PA) 15 25 Unknown 2 tables, masks required
Meadows (PA) 10 10 2-3 tables.
Windcreek (PA) 10 10
Mount airy (PA) 10 10
Parx (Bensalem, PA) 15 25 15 but maintaining 25
Sycuan (San Diego, CA) 10 10 Masks required
Barona (So Cal) 5 5 3 tables, dealers managing bets for players.
Harrahs (So Cal) 15-25 15-25 Bubble craps $5 min, Interblock bubble $3 min, 1 electronic table $5 min
Viejas (So Cal) N/A 15 1 table
Southland Casino Racing (West Memphis, TN) N/A N/A Yes 4 tables all closed. Other pit games open with plexiglas dividers. Bubble craps $5 minimum.
Last update 7/21
Pulled additional info from here.
submitted by necrochaos to Craps [link] [comments]

Report your table minimums here (COVID Edition)

6/17 Edit: Great info guys. Keep it coming! If something changes, please let me know.
I reached out to the mods asking about putting together a post to collect minimums for craps tables in Vegas and other places.
If this post gains traction, it may get a sticky. It may also help cut down on the amount of posts asking for this info.
I'll try to keep the body of the post updated. If information is correct, let me know.
Update 6/18 - Nevada Gaming Board announced masks required at table games in Nevada. I haven't heard that this is being enforced yet.
6/30: Keep reporting, especially any of you heading to Vegas. We would love to hear what the mins are on the strip
Let me know what casino, day or night and the minimums:
Vegas Strip Casino Day Min Night Min Dividers Comments
Aria 15 25 Unknown
Bellagio 10 25 Yes, all tables Poker tables open
Caesars 15 25 No Poker tables open
Casino Royale N/A N/A N/A Table Games not open
Cosmo 100 50-100
Encore 50 100 Yes, on some tables Updated 6/16
Excalibur 10-15 Unknown 10 crapless, 15 regular
Flamingo Rare (5) - 15 25
Harrah's 15 25 No Confirmed no dividers per 6/16 Youtube video
Linq 15 25 No
Luxor 10 15
Mandalay Bay N/A N/A
MGM Grand 10 25 Yes, all tables
NY/NY 10 15 Yes, all tables
Osheas Unknown 15
Paris N/A N/A No Opened 6/18 - Masks required at tables.
Planet Hollywood N/A N/A No open date announced
Rio N/A N/A No open date announced
Strat Day 10 Unknown
Treasure Island 5 15
Venetian Unknown 25 No
Wynn 25-50 50-100 Yes, on some tables Updated 6/16
Downtown Casino Day Min Night Min Dividers Comments
Binions 10 10
California 10 10
The D 10 15 No glass
El Cortez 10 10 Yes, some tables 2 tables
Four Queens 5 5 No Confirmed thru 6/14 Youtube video
Fremont 10 10
Golden Gate 5 5 From 6/9 on Vegas Message Board (no carnival games)
Sams Town 15 15 1 table
Offstrip Casino Day Min Night Min Dividers Comments
Aliente 10 10
Boulder Station 10 10
Cannery 5 5 up to 2 tables, a mask was provided but not required
Ellis Island 5 5 1 table
Gold Coast 5 5
Green Valley Ranch 10 10 2 tables open
The Orleans 10 25 up to 4 tables, I was asked to wear a mask
Palace Station 10 10 Unknown
Palms N/A N/A No open date announced
South Point 5 5 2-3x tables w/ only one $5 buy in
Strat 5 10
Sunset Station 5 5
Other NV Casinos Day Min Night Min Dividers Comments
Edgewater (Laughlin) 10 10
Harrahs (Laughlin) 10 15 no
Atlantis (Reno) 5/10 5/10 2 tables with different mins
Cal Neva (Reno) 5 5
Circus Circus (Reno) Closed Closed Closed table game pit
Eldorado (Reno) 10 10
Grand Sierra (Reno) 15 15-25
Peppermill (Reno) 10 10 3 craps tables
Silver Legacy (Reno) 10 10
Hard Rock (Tahoe) Closed Closed Currently closed
Harrahs (Tahoe) 25 25
Montbleu (Tahoe) 10 15
Non/NV Casino Day Min Night Min Dividers Comments
Foxwoods (CT) 15 25
Mohegan (CT) 10-50 10-50 2 were 10, 2 $15, 1 $25, 1 $50. Plus a high rollers table
Harrington (DE) 10 15-25 Must wear mask and face shield
Blue Chip (Michigan City, IN) 5 10 5 minimum prop bets, 5 min ATS bet.
L’auberge (Lake Charles,LA) 25/50 25/50 2 $25 min and 2 $50 min tables. 1 bubble craps $5 min
Harrahs (Shreveport, LA) 15 25
Margaritaville (Shreveport, LA) 25 25
Ocean Downs (MD) 10 15
Maryland Live (MD) 25 50 Yes 5 tables, 4 per side. Electronic craps 15 min
MGM @ National Harbor 50-100 Yes 4 craps tables 2 were $50 and 2 were $100 mins. Not bubble craps or low roller options.
Firekeepers (Battle Creek, MI) 10 15+ No dividers, only distancing 1-2 tables depending on demand, did see it at $15 during the day $25 on Fri/Sat night. Masks required, no smoking. $3 Bubble Craps.
River City (St. Louis, MS) 20 20 Unknown 4 players per side. $20 min. You have to have at least a $20 bet for every throw to "hold your spot"
Beau Rivage (Biloxi, MS) 25 25 unknown 3 tables
Boomtown (Biloxi, MS) 10 10 Unknown 1 table
IP (Biloxi, MS) 25 25
Scarlett Pearl (Biloxi, MS) 25 25
The Palace Biloxi, MS) 10 15
Treasure Bay (Biloxi, MS) 10 10
Hard Rock (AC, NJ 25 25 Yes 2 tables
Resorts (AC, NJ) 15 25 Yes 1 table
Ocean (AC, NJ) 15 25 Yes 4-6 tables
Hollywood (Columbus, OH) 10-15 Unknown Unknown 2 tables, masks required
Hollywood (Grantville, PA) 15 25 Unknown 2 tables, masks required
Meadows (PA) 10 10 2-3 tables.
Sycuan (San Diego, CA) 10 10 Masks required
Barona (So Cal) 5 5 3 tables, dealers managing bets for players.
Harrahs (So Cal) 15-25 15-25 Bubble craps $5 min, Interblock bubble $3 min, 1 electronic table $5 min
Viejas (So Cal) N/A 15 1 table
Southland Casino Racing (West Memphis, TN) N/A N/A Yes 4 tables all closed. Other pit games open with plexiglas dividers. Bubble craps $5 minimum.
Last update 7/9
There is a similar post for all games on the Vegas Message Forum
submitted by necrochaos to Craps [link] [comments]

Poker player steals $1m+ chips and tries to sell it on 2+2 poker forums

I read this fascinating article about a robbery of poker chips from the Bellagio from a TIL post. It happened in 2010 but the article itself is really worth a read. I did a little digging on 2+2 forums to find the robber’s posts, after I wrote this in the comments of the TIL post. I think it’ll go down better here, I recommend to read the article first.
As mentioned in the article the robber posted on the once legendary 2+2 poker forum (it once one of the biggest forums back in the halcycon days of online forums). Amazingly, he registered his name as Oceanspray25 and his location as Cranada, which is a reference to Cranberry juice as the 25k Bellagio chips are pink. Online the robber was just confident about not being caught as he was in real life.
The robbery happened in December 2010, the poker community took interest in the crime and discussing it daily on 2+2. By January the next year the robber had registered an account on 2+2 and had starting posting. The robber has six posts on 2+2 total. The first three posts are all asking a poker player, posting under Provotrout to contact him privately in various threads. Provotrout had shown a small amount of interest in buying some stolen 25k pink chips. As brazenly as he entered the casino after the robbery he starting posting on a discussion thread hypothesizing how to cash in the 25k pink chips from the robbery.
It led to this hilarious exchange:
this_passing: Oveunder 20 times a day the robber views threads like these?
oceanspray25: Under 20 but more than 3 brother. Know anyone lookin for a bargain on a few pieces of fruit? Great for the liver and kidney and they make great stocking stuffers.
This_passing was asking what others thought the odds on how many times the robber is viewing the discussion thread and here was the robber telling him the answer. The robber then attempts to inconspicuously ask if anyone wants to buy 25k chips at a discount by referring to them as piece of fruit due to their cranberry colour. The robber then went on to post this gem:
oceanspray25: So has anyone heard from the B robber or does anyone know where to get some discounted cranberries? I can't say that I wouldn't buy a few for $5k each and then figure out what to do with them.....I'd imagine thats a good problem to have.... IMO of course.
Yes, he then goes on to ask about himself and gauge the interest of people who want to exchange untracked 5k chips for 25k pink chips, which is how he got caught in the police sting operation.
Link to the discussion thread. His posts are number 99, 101 and 103. Posts 110 onwards is when his identity is revealed and everyone in the thread freaks out.
submitted by GiantHorse to poker [link] [comments]

What to consider earlier than playing on line casino poker

those don't have any concept what they are approximately to walk into. Down right here to have a great time, they discern 'why not supply poker a try?' in any case, how special can it be from the house sport they have played their whole lives?"
메이저 토토사이트
For most people, our first poker enjoy was nowhere near a casino. Both we learned from friends or own family contributors in domestic games, or we plugged into the online poker craze. Nonetheless, the idea of playing poker in an real brick and mortar (b&m) on line casino, with all of the attendant points of interest and sounds, is very tempting for most. So what do you need to recognize while moving your home or on line abilties to casino play? There are numerous differences among on line and b&m play, but two factors you can without delay want to take into account are tells and casino kind.
1. Tells
The principle issue the general public have when shifting from online to b&m play regards tells. A tell is a physical movement a player plays which can supply combatants a clue to his hand, inclusive of placing a hand to the face while bluffing.
On line, on account that your fighters can not see you, bodily tells are not really problem (there are online tells, however that is past the scope of this newsletter). In reality, one famous poker room has an advertising campaign where they invite those gamers who've a "bad poker face" to sign up for, for the reason that nobody can see your face on-line. Inside the film "rounders," quoted at the start of this newsletter, the villain is undone by using the way wherein he handles an oreo cookie depending on whether or now not he has a huge hand.
In fact, tells are not often this extreme. Maximum of the time when you play in a casino, in particular a "tourist" on line casino (see following), your warring parties are a whole lot more worried with what they're conserving than what you are.
Even when an opponent scrutinizes you, staring you down at the same time as thinking of a call, they are commonly simply considering how lots they like their own hand. Actual inform-spotting calls for long, cautious remark of a player's inclinations; you are now not possibly to give a great deal away on an man or woman hand.
Experts like to present the affect that they can just appearance right into your soul and recognise what you are retaining, however there may be loads extra to it than that. If you're really concerned you could buy a pair of reflective sunglasses to put on so no person can see your eyes. You can additionally usually wait a predetermined quantity of time (5 or ten seconds) earlier than acting whether your hand is powerful or now not so robust and choose a predetermined spot on the desk to stare at even as looking forward to a person to respond for your action.
2. Kinds of online casino
All casinos are not created same. Ten years in the past, before the explosion in poker popularity, maximum casinos did no longer have a poker room at all, or at pleasant, a small phase of the blackjack floor partitioned away in which or 3 $1 to $2 restriction games would possibly take location.
Manifestly, matters are one of a kind now, however there are nonetheless incredibly unique forms of casinos wherein one may play poker. The first is a card membership. Those are maximum normally observed in locations like california, wherein poker as a recreation of talent is legal, but a few other playing games aren't. Even though they have multiplied to different video games, those clubs are on the whole designed to play poker.
As such, you are probably to locate the most skilled poker gamers right here, despite the fact that no longer necessarily the most powerful and they have their share of vacationers as nicely. The more not unusual sort of casino is a las vegas style casino. These casinos have made fortunes on blackjack, slot machines and roulette and did no longer certainly awareness on poker inside the beyond as it is not a big cash maker for the on line casino.
In contrast to the alternative video games, that are towards the residence (the on line casino) and are based in order that the residence usually wins in the long run, poker is a recreation wherein the on line casino handiest makes cash through taking a percentage of every pot (referred to as "the rake," normally no more than $four a pot) for themselves. Despite the fact that now rare, some casinos take "time" rather than a rake, which means every 1/2 hour a representative of the casino comes round and collects a predetermined amount of money from every player in the game.
Of those las vegas style casinos, you may find what i consider as poker casinos vs. Tourist casinos. A poker casino is one that has constantly had poker as a part of its draw. Those consist of the bellagio and the mirage in las vegas and the taj mahal and borgata in atlantic town. A tourist casino is one of the aforementioned casinos that did now not have poker in any respect until the recent increase made it worthwhile as a draw to get gamers into their casino. Of path each of those kinds of casinos cater to travelers, but the poker casinos are where you are much more likely to locate specialists. Which of those types is extra for your taste is for the person to determine.
The maximum important issue to bear in mind is that whether it's online or inside the casino, poker is poker. Play a clever recreation and you have to rake within the chips, whether or not they're digital or product of clay.
submitted by mibrar6704 to u/mibrar6704 [link] [comments]

Ultimate Gambling Guide for GTA Online - odds, probabilities, and optimal strategies

This is not mine, the creator of this is u/enderpiet

Since the Diamond Casino update, I have seen a large number of 12-year-olds posting Blackjack memes on this sub. As a parent, this has me very worried.
On top of that, I have seen some of the most trustworthy GTA Youtubers giving flawed gambling advice, which can have damaging impact on their gullible audiences.
So that's why I decided to write this up, to educate everyone on the subject, so there will be no more misunderstandings.
(2020 Update down at the bottom.)
If you're one of those Youtubers that wants to use this information in a video, feel free to do so. The more people (especially kids) that become educated about gambling, the better.
But then also please go back and review your own work, and delete or edit the videos that are giving out the wrong advice, like where you're saying you have "a good strategy for making money with roulette", or some other nonsense that I've heard this week. Delete that please.
Before I get into the individual games, I need to discuss a few concepts first, that will make understanding the rest a lot easier.
Expected return and variance
A game like Roulette or Slots has a fixed expected return on your bets. This is a percentage that you have no way of influencing. Say you are flipping a coin against a friend, and you both put up $1. The winner gets the pot. Since the odds are even at 50%, in the long run, you will expect to break even. Your expected return is 100% of your bet.
But imagine if you would play this coin flipping game in a casino against the house. On the "house rules" listed at the table they would probably say that you would only get 95 cents back for every win, while you are forfeiting a dollar on every loss. Would you still play?
Sounds stupid to do so, but still, everybody does it. Every bet they place on Roulette, every coin they put into a Slot machine, is based on the same concept.
Those few cents they take on every bet are their profit margin, and has paid for all the Vegas lights, the Mirage volcanoes, and the Bellagio fountains. Make no mistake - casino gambling games are not designed to make you lose, because sure, you can get lucky on a single night, but they are designed to make them win. That's the beauty of it. They can both exist at the same time.
Too many people that don't see how this works, are just destined for disaster. Just because you went on a lucky streak and won 8 games out of 10, does not mean that flipping coins is a profitable game, or that choosing tails is a winning strategy. Always be aware of the house edge, your true chances of winning, and just realize that you got lucky. There is no such thing as a strategy in flipping a coin that will give you a higher expected return, so it's just pure gambling, just like Slots and Roulette.
Most casino games are made in such a way, that your expected return is a little under 100%. This means that from every dollar bet at the tables, the casino expects to keep a few cents. For individual players, results may vary. Some will win, most will lose. But for the house, it doesn't matter. They take millions of bets each day, so for them, the expected average works out a lot sooner. In short: the house always wins.
When looking at the house edge, we're talking about the expected long-term result, based on the game's house rules. But for a player, it can take literally tens of thousands of hands or spins before you also reach this average number. Until that time, you can experience huge upswings and downswings, that are the result of nothing but short-term luck, which is called variance.
Some games and some bets have a much higher variance than others, which means your actual results will differ enormously from what you're expected to be at.
Take for example betting on red/black at the Roulette table. This is a low-variance proposition, because it has a high percentage chance of occurring, and a low payout.
Contrast this with betting single numbers in Roulette, which only win once every 38 spins on average. This bet has a much higher variance, meaning you can easily hit a dry spell, and not hit anything for 200 bets in a row, or you can see a single number hit three times in five consecutive spins. This is not a freak occurrence in high-variance bets.
Even though the expected return in both these bets is exactly the same, there's a huge difference in variance, causing massive differences in short-term results, which can go both ways. You need to be aware of this, before you decide what types of bets you are comfortable with placing.
Gamblers' Fallacy
Another thing to realize, is that each individual game, hand, or spin, is completely independent from the one(s) before it, and after it.
Gamblers tend to believe, that the chance of a certain outcome is increased, based on previous results.
The most famous example comes from the Casino de Monte Carlo, where the Roulette wheel managed to land on black 26 times in a row. Gamblers lost many millions during that streak, all frantically betting on red, believing that the odds were in favor of the wheel coming out on red, after producing so many blacks. This is not true. Each round is completely independent, and the odds are exactly the same.
You will hear people say things like a Blackjack table being "hot" or "cold", which is completely superstitious, and should be ignored. The exception was when Blackjack was being dealt from a shoe. It made card counting possible. But with the introduction of shuffle machines, and continuous shuffling like is being used in GTA, this no longer exists.
This is also why "chasing your losses" is a very bad idea. After being on a losing streak for some time, many gamblers believe that now it's their turn to start winning. So they will often increase their bet size, believing that when their predicted winning streak comes around, they will win back their losses, and more.
The reality of it, more often than not, is that people will indeed start playing higher and higher limits, until they are completely broke. Nobody is ever "due for a win". There is never a guarantee that you're about to start winning. In fact, the opposite is more likely to be true. You are, after all, in a casino.
Betting systems
Some people like to think that they have a fool-proof betting system, like the Martingale system. Simply increase or even double your bet when you lose, and keep doing that until you win. In theory, this system will always win. So that's why table limits were introduced, and where the system fails.
If you start at the Roulette table, playing red/black, with a small 750 chip wager, and just double your bet every time you lose, you only have to lose 6 times in a row, before you will be betting the table limit of 48,000, just to get that 750 chip profit.
Sure, you can go on all evening without this happening, winning 750 chips each time, but this losing streak only has to happen once, and you're bust. Any betting system like this is ill-advised, because you are hugely increasing your so-called "risk of ruin", and that's what we were trying to avoid.
And even if your starting bet is only 100 chips, after only nine straight losses, and nine doubled bets, you are betting the table limit at 50,000 chips. If you lose that bet, you're 100,000 chips in the hole, with no way to recover that with your 100 chip base wager.
So don't believe anyone that says this is the perfect system to always win in the casino. Sooner or later they will understand why they were wrong, when they're asking you for a loan.
Set your limits BEFORE you start playing
One final point before we get into the games, a general tip for people that head out to play: money management.
Just like in real life, before you go to the casino, decide on a maximum amount that you are WILLING TO LOSE.
Bet small enough, so that amount can last you through the entire evening, and you will not be tempted to run to the ATM to continue playing.
Considering GTA money, some people will be comfortable losing 1% of their GTA bank balance, some people will be comfortable with gambling away 5% of their total GTA savings. It's up to you what you can handle. Decide for yourself where it will start to hurt, and don't cross that line.
But whatever number you decide on, as soon as you lost that amount, get up and walk away. Don't chase your losses, stick to your limits, and accept that this has not been your day. There is always another game tomorrow. Always agree with yourself on a simple stop-loss rule, how much you would want to lose at most, and simply stop playing when you get there.
Same goes for winning. You can decide on a number, how much profit you would like to take away from the casino. You can go on a hot streak and be up half a million in a short period of time, but if you would continue to play longer, looking for more, chances are that you're going to lose it all back.
Most people are happy with doubling their daily casino budget, for example. Others are looking for 10 bets profit in Blackjack. Whatever you choose, when you hit that number, you can stop playing and bank your profits, or you can continue playing if you're still enjoying the games, but then only just play minimum bet sizes. Then you're just playing for fun, not for money. You've already made your profit, so simply keep it in your pocket, and don't risk losing it again.
Either way, decide on what your money management strategy will be, and STICK TO IT.
Casino games in GTA Online
Now, I'm going to dive into the games that you can find at the Diamond casino, ordered from worst to best.
6) Slots
Generally the rule is this: the less strategy a game has, the worse it is for the player. And with slots, this is definitely the case.
The only influence you have, is choosing what type of machine you're going to play. Basically, there are two types of slot machines:
-high frequency, low payout slots
-low frequency, high payout slots
In the first type, there is no huge (progressive) jackpot on offer, just your average selection of prizes that don't go up to crazy amounts.
This will result in a player having many more spins resulting in a win. The amounts that you win on the bigger prizes, will be smaller, but they do come around more often. This type of slot machine has a lower variance, which means that your money should last you longer, winning many smaller prizes along the way to keep you going.
The second type of slot machine lures you in with the temptation of a huge jackpot prize. Even though the long-term expected return on these machines is the same as the previous type, the prize distribution is hugely different. The large jackpot prize weighs heavily on the scale of expected return, but the chance of it hitting is extremely small. This results in a much higher variance on this type of machine. Usually your money will go down very fast, because the smaller prizes are less rewarding than on the other type of machine.
At the Diamond, the info screen says the player return at slots is set at 98.7%. This means that, on average, for every maximum bet of 2,500 chips, you expect to lose 32.5 chips.
This might not seem like a lot, but the danger of slots is that the game is extremely fast. You can spin about once every 6 seconds, which would result in an expected LOSS of about 20,000 chips per hour of playing.
But again, in this long-term expected number, the large jackpot awards are also factored in, and as long as you don't hit those big prizes, you'll see your money go down a lot faster.
In any case, thank heavens the max bet is only set at 2,500, or else we would see more players go bankrupt at alarming rates.
Optimal strategy for slots:
There is none. Because after betting, you have no more influence over the outcome. The only choices you have, is what type of machine you want to play at, and how much money you are going to risk. And those are all personal preference. As long as you stick to your loss limits, as discussed above, there's no harm in having a go every once in a while, hoping to get a lucky hit. Just realize that you don't have a high chance of scoring a big win, so as soon as you do, get up and walk away.
5) Roulette
Roulette is also a game where you have no influence over the outcome. There is zero skill involved. You place your bet, and that's it.
In traditional French roulette, a table has only the single-zero, but of course, for American casinos that wasn't enough of a house edge, so they simply doubled their profits by adding a second zero. The house edge was increased from 1/37 to 1/19, which is huge.
This makes playing on a double-zero roulette table by definition a sucker's play.
The payouts scale evenly, which means that a bet on a single number, and a bet on half of the numbers, and everything in between, yields the same expected return. The only difference, again, being the variance that you are willing to subject yourself to.
The player return for double-zero Roulette for all bets is 94.74%.
Except for the 5-number bet, which can only be made by placing a bet on the two top rows that contain 0, 00, 1, 2 and 3. The expected return on this bet is lower: 92.1%. This is because it only pays out 6-1. Why? Well, the number 36 isn't divisible by 5, so the greedy people that came up with double-zero Roulette had to round it off someway, and as expected, it wasn't going to be in the players' favor.Just remember that that 5-number bet is the worst bet at the table, and should be avoided. All other possible bets have the same expected return.
So it really doesn't matter how you spread your bets, if you bet only one chip, or if you litter the entire table with a bucketload of chips. Each chip you put out there, has the same expected return, so there is no strategy that will improve your long-term results.
Assuming that you're betting the maximum table amount of 50,000 chips, you will be looking at an expected loss of about 2,630 chips per spin. Considering that a round takes about 45 seconds to complete, your expected LOSS at the GTA Roulette tables will be around 200,000 chips per hour of playing.
Optimal strategy for double-zero roulette:
Stay away. Stay far away.
4) Three Card Poker
With Three Card Poker, we come across the first game where there is actually some strategy involved. You get to look at your cards, and then decide if you want to fold, and surrender your ante, or double your bet.
Additionally, you can choose to place a side bet on "Pair Plus", which offers progressive payouts.
There are some websites out there that ran all the numbers with computer simulations, and even though I would like to quote the source here, these websites are understandably littered to the max with online casino ads, so that's why I have decided against doing that.
Optimal strategy for Three Card Poker:
For this game you only have to remember one strategy rule: Always bet on any high card queen-six-four or better, and fold any high card queen-six-three or lower. That's it. Just don't forget to double check if you're not folding a straight or a flush, and you'll be fine.
This strategy will result in an expected return of 96.63%.
The Pair Plus sidebet, with the payout table that is used at the Diamond casino, gives you an expected return of 97.68%, which is actually a bit better than the main ante bet.
So by playing both wagers, you're reducing your expected losses per bet, but since you're betting more, you're also increasing your expected loss per hour.
My advice would obviously be to not play this game at all, but if you do, put as much of your bet as possible on the Pair Plus, while making our Ante bet as small as you can.
To be able to compare it to the other games at the Diamond, let's stay on that 50,000 maximum wager, meaning making your ante bet 35,000, and your pair plus bet 15,000, if the table would allow it.
This results in an expected loss of about 1,525 chips per hand, and with a round taking about 45 seconds, this adds up to an expected LOSS of around 120,000 chips per hour of playing. In comparison, if you would only play the ante bet for 50,000 per hand, you expect to lose 1,685 chips per hand, which means an expected LOSS of about 135,000 chips per hour. So the more out of that 50,000 wager you can put on the "Pair Plus" sidebet, the better.
Even though it may be fun to try out this game for a bit, since there's only one simple strategy rule to follow, you'll soon find yourself robotically grinding down your bankroll until it has vaporized. You're not missing out on anything if you skip these tables, there is no real challenge.
Just like with Roulette and Slots, if you want to try it out nonetheless, you can just bet the minimum amounts and only play for fun, so it won't matter if you win or lose.
3) Blackjack
Blackjack is the most complicated game by far. Simply because the player has to make a series of decisions, which will largely decide the outcome. Luckily, there is such a thing as an optimal strategy, which will be outlined below.
However, the strategy is also dependent on the house rules. These not only affect your expected return, but in some places also your decisions.
Here are the house rules at the Diamond casino:
-The game uses 4 standard decks, and a continuous shuffle.
-Blackjack pays 3 to 2, dealer checks for early blackjack.
-No insurance offered, no surrender.
-Dealer stands on soft 17.
-Double down on any two cards.
-Player can split only once, but doubling after split is allowed.
-Seven-Card Charlie.
Under these rules, and following the "basic strategy" chart, your expected return at Blackjack is a shade under 99.6%, which is extremely good for a casino game, that's why Blackjack should be your table game of choice.
But it comes at a price: you are going to have to memorize the relatively complicated strategy chart, or at least stick it to your monitor until you have it in your head. But in case you ever stumble into a real-life casino, you won't regret having this table memorized, so I would definitely advise you to work on that.
The strategy chart might look complicated at first, but you will be able to notice certain patterns. Your decisions are mainly based on the dealer's upcard, which is basically divided into a weak card (2 to 6), and a strong card (7 to ace).
When a dealer shows a strong card, you will be hitting more often with the risk of going bust, but when a dealer shows a weak card, you're not taking that risk, and you will be standing more, but also doubling and splitting more. You want to increase your bets when the odds are in your favor, and get out cheap when they're not.
But it also helps to take some time to think about why a certain advice is given. For example, why does it say that you always have to split two eights, even against an ace. Well, that's because two eights equals 16, which is the worst total you can have. It's better to split them up, and give yourself a chance of finding a 17, 18 or 19 with the next card. Once you see the logic in that, you'll have one less thing to memorize.
The playing advice in the basic strategy chart is a result of computer simulations that ran all possible outcomes against each other, and produced the most profitable decision for each situation. So you can't go wrong following it.
Optimal strategy for Blackjack with Seven-Card Charlie
The added house rule of Seven-Card Charlie, adds a small advantage for the player, and it does influence a few strategy decisions. For example, you might have a 14 with 6 cards, against the dealer's 5 upcard.
Normally this would be an automatic stand, but if you're only one card away from the Seven-Card Charlie, meaning an instant win for the player, regardless of the dealer's hand, it turns it into a hit.
Here's the most optimal strategy chart to follow for the Diamond Casino house rules:https://prnt.sc/olct6g
You'll see that two fives are missing from the chart, and that's because you never split them. You treat them as a regular 10. You also never split tens. Just stand on 20.
If you follow this strategy religiously, even with a maximum wager of 50,000 chips, you only expect to lose about 215 chips per hand, and with rounds taking about 30 seconds, that amounts to an expected LOSS of 26,000 chips per hour, which is only half a bet. A small price to pay for an hour of entertainment.
But since the expected return is so extremely close to 100%, you will see more positive short-term results than with other games. But obviously it can also swing the other way. Again, this is supposed to be the game where your money lasts you the longest, but always set your loss and win limits before you sit down. That rule simply always applies.
Still, even with optimal strategies applied, all these games are expected to lose you money in the long run. So betting any kind of large amounts is not advised. If you simply want to enjoy playing these games, there's nothing wrong with betting a minimal amount. Playing these games for a longer period of time will already cost you money anyway, since your daily property fees will still be charged while you're playing in the GTA casino. As long as you can play for fun, there's nothing wrong, but when you see yourself betting insane chunks of your entire bank balance to try to recoup some unfortunate losses, you're doing it wrong.
As the commercials in Britain all correctly say: when the fun stops, stop.
2) Virtual Horse Racing
Now onto the good stuff. I ran some numbers, and I believe Rockstar has made a mistake with the horse racing game. Because as it stands, and if I read the numbers correctly, this game is actually profitable for the player. You can actually make money with this, at least, until Rockstar figures out their mistake and patches it.
If anyone wants to jump into the math and double check this to make sure, please do so. I will add any corrections to this post. This is one of those "to good to be true" things, so I keep thinking that I might have overlooked something. So please verify it if you can.
The setup is this. There is a pool of 100 horses, each with their own attached payout. These are divided into 3 groups, ranked by their odds. From each group, 2 horses are randomly selected to provide a pool of six runners for you to bet on.
Now it's not an actual race you're looking at. You are looking at a raffle. This is important to realize.
Each horse gets awarded a certain number of raffle tickets. The favorites get awarded more tickets than the underdogs, and therefore, have a higher chance of winning.
If this distribution works like it does in the real-life casinos, then the raffle tickets are awarded according to the betting odds.
Example 1: imagine a race with 3 runners, all have 2/1 odds, representing a 33.3% chance of winning. (Because 2/1 means 2 AGAINST 1, so 3 total.) In this case, each horse gets one third of the raffle tickets, giving them an equal chance to win.
Example 2: imagine a race with 3 runners, one has 1/1 odds (or EVENS), representing a 50% chance of winning, and the other two horses are marked up as 3/1, with a 25% chance of winning. The favorite gets half the tickets, the other two get a quarter of the tickets each.
A ticket is drawn, and you'll have a winner.
It doesn't matter in this game which horse you bet on, because the expected return is always the same: 100% or break-even, for the above examples.
Now, what happens if the percentages don't exactly add up to 100%?
They must add up to 100%, because there will always be a winner. And only one winner.
So when this is the case, the actual winning chances of the horses are adjusted to meet the 100% requirement, using their payout odds to determine the scale.
So, if the represented percentages add up to more than 100%, the actual winning chances of the runners will be DECREASED, resulting in all bets becoming losing propositions for the players.
Example: In a 6-horse race, all runners are listed at 4/1, representing a 20% chance. Only with six runners that amounts to 120%. So all chances are scaled down by 1/6th, to end up at 100%.
This means your horse's chances are reduced from 20% to 16.67%, turning it into a losing bet: 5 times you will lose your bet, and 1 time you will win, but only get 4 bets back in this instance, instead of 5. A losing bet in the long run.
This is the type of odds that you find in regular casinos, with fields as large as 15 runners to bet on, where the assumed winning chances always add up to more than 100%, therefore are decreased for all runners, resulting in a house edge.
But in GTA Online's Inside Track, there are other scenarios, because of the small field, and the way that they are put together.
In some cases, the represented percentages when added up, are LESS than 100%, meaning that the actual winning chances of all runners, are INCREASED.
This creates profitable bets for the players, because in the long run, you're expecting to win more money than you lose. This is a gambler's dream, pure and simple.
So, according to the in-game information, the three groups of horses are divided as follows:
-Favorites: EVENS to 5-1
-Outsiders: 6-1 to 15-1
-Underdogs: 16-1 to 30-1
Let's take the two most extreme examples to show what's happening.
The worst possible field to bet on: two runners at EVENS, two runners at 6-1, and two runners at 16-1.
EVENS represents a 50% chance, 6-1 is 14.29%, and 16-1 is 5.88%. Add those up and you land on a total of 140.34%.
This means that the actual winning chances of the horses are decreased by 28.75% (to get that 140% down to 100%), which makes betting on this field extremely unwise.
A horse at EVENS will only come in as a winner 35.63% of the time, instead of 50%,
a horse at 6-1 will only win 10.18% of the time,
and an underdog at 16-1 will only win 4.19% of the time.
The expected return on a bet on any of the horses in this field is only 71.26%, so a maximum bet of 10,000 chips on any of these horses holds an expected LOSS of 2,875 chips.
These returns are the same, because the winning chances are scaled equally, according to the payout numbers. So it really doesn't matter which horse you bet on, in the long run, you expect the same results.
But as explained before, it does influence variance, and therefore your short-term result, which can swing both ways.
But now, the best possible field to bet on: two runners at 5-1, two runners at 15-1, and two runners at 30-1.
Odds at 5-1 represents a winning chance of 16.67%, 15-1 odds means 6.25% chance, and 30-1 odds means a 3.23% chance of winning. Add these six horses together, and you only get 52.285%.
This means that, to get from 52% to 100%, the actual winning chances of these horses will be almost doubled! Multiplied by 1.91 to be exact.
So the 5-1 favorites will now win 31.88% of the time, instead of 16.67%,
the 15-1 runners will win 11.95% of the time,
and the underdogs at 30-1 odds will still win 6.17% of the time.
When betting on this field, the expected return on your bet is 191.25%!
This means that a max bet of 10,000 chips will result in an expected PROFIT of 9,125 chips.
This is printing money, if there ever was such a thing.
Optimal strategy for Virtual Horse racing
So all you have to do, is only bet high on the games where you have an expected positive return, and bet the absolute minimum on the games where your expected return is negative. Or back out of the racing game to refresh the field.
If you don't have a way to quickly add up all the percentages, and until somebody shows up here with a neatly formatted table, just use a few general rules of thumb:
-Always bet the maximum on a race with favorites at 2/1 and 3/1 or higher in it.
-Simply skip all races with two favorites at EVENS in it, and at EVENS and 2/1. Or bet the minimum, if you can't skip or refresh the field.
-To decide if you should play races with other favorite combinations EVENS and 3/1, EVENS and 4/1, EVENS and 5/1, or two favorites at 2/1, the payouts on the other four runners determine whether or not it's profitable to play them. The results of betting on these fields vary from an expected 1,330 chip loss (worst-case) to an expected 1,680 chip win (best-case), with a max bet of 10,000 chips.
But if you're not looking for another strategy chart, you might just want to skip these borderline cases, and just cherry pick the best ones, which are easy to recognize, and with which you can never go wrong.
It's difficult to put a number on an expected win-rate, because it all depends on which fields you get presented with, but it's not unreasonable to state that you can maintain a steady win-rate of around 200,000 chips per hour, with about 50 seconds per race.
Remember, you're not trying to win every race. You're trying to win the most money per hour. So don't sweat it when you bet on a 4/1 favorite, and lose a couple of races in a row. It will still be more profitable in the long run. You have the math on your side.
To reduce negative variance, always bet on the favorite, when betting on profitable fields. We're not gambling anymore, we're grinding out a steady profit. We want to keep the swings to a minimum.
I contacted Rockstar support to verify if this is indeed how it works, but the only reply I got after 6 weeks is that they were "looking into it".
User u/Garsant made a useful Excel-worksheet, available for you to download, where you can quickly type in the payouts on the horses, to see if it produces a profitable bet or not. You can find it in his post here: https://www.reddit.com/gtaonline/comments/ekp8na/gta_online_inside_track_odd_calculato
1) Wheel of Fortune
The number one profitable casino game in GTA Online is obviously the Wheel of Fortune, because it costs you nothing to play.
Unfortunately, you only get one free spin per day, but it holds great value, so make sure you do it.
With a chance to win a super car, vehicle discounts, expensive mystery prizes (which also can be vehicles), and a lot of cash and chips, the expected return on a single spin is around $100,000 in value.
So don't forget your daily spin, it's definitely worth your time.
2020 Update:
As of the Diamond Casino Heist update, the Inside Track horse racing is confirmed to still be as profitable as outlined above.The only thing that seems to be changed, is that you can't refresh the field anymore by backing out of the screen. This does affect your hourly rate in a negative way, but does not change the fact that this game has a huge positive expected return, and should be your go-to when you're trying to take money from the house, without having Lester's nagging voice in your ear. That should also be worth something.
And with that, I conclude my 5,000 word essay on gambling in GTA. Questions, comments, feel free to add your input to this guide.
Cliffs:
-Gambling games should only be played for fun, not for big money. You should expect to lose in the long run. The house always wins.
-A casino game doesn't have a memory, and betting systems don't work.
-Set your limits before you start, how much you are willing to lose or win, and then walk away when you get there.
-Don't play slots, roulette, or three card poker.
-Only play blackjack following a basic strategy chart (https://prnt.sc/olct6g).
-Inside Track betting can be played profitably, if you only bet on fields WITHOUT a heavy favorite.
-Wheel of Fortune is always your best bet, because it's a free bet.
submitted by sircore to gtaonline [link] [comments]

Ultimate Gambling Guide for GTA Online - odds, probabilities, and optimal strategies

Since the Diamond Casino update, I have seen a large number of 12-year-olds posting Blackjack memes on this sub. As a parent, this has me very worried.
On top of that, I have seen some of the most trustworthy GTA Youtubers giving flawed gambling advice, which can have damaging impact on their gullible audiences.
So that's why I decided to write this up, to educate everyone on the subject, so there will be no more misunderstandings.
(2020 Update down at the bottom.)
If you're one of those Youtubers that wants to use this information in a video, feel free to do so. The more people (especially kids) that become educated about gambling, the better.
But then also please go back and review your own work, and delete or edit the videos that are giving out the wrong advice, like where you're saying you have "a good strategy for making money with roulette", or some other nonsense that I've heard this week. Delete that please.
Before I get into the individual games, I need to discuss a few concepts first, that will make understanding the rest a lot easier.

Expected return and variance
A game like Roulette or Slots has a fixed expected return on your bets. This is a percentage that you have no way of influencing. Say you are flipping a coin against a friend, and you both put up $1. The winner gets the pot. Since the odds are even at 50%, in the long run, you will expect to break even. Your expected return is 100% of your bet.
But imagine if you would play this coin flipping game in a casino against the house. On the "house rules" listed at the table they would probably say that you would only get 95 cents back for every win, while you are forfeiting a dollar on every loss. Would you still play?
Sounds stupid to do so, but still, everybody does it. Every bet they place on Roulette, every coin they put into a Slot machine, is based on the same concept.
Those few cents they take on every bet are their profit margin, and has paid for all the Vegas lights, the Mirage volcanoes, and the Bellagio fountains. Make no mistake - casino gambling games are not designed to make you lose, because sure, you can get lucky on a single night, but they are designed to make them win. That's the beauty of it. They can both exist at the same time.
Too many people that don't see how this works, are just destined for disaster. Just because you went on a lucky streak and won 8 games out of 10, does not mean that flipping coins is a profitable game, or that choosing tails is a winning strategy. Always be aware of the house edge, your true chances of winning, and just realize that you got lucky. There is no such thing as a strategy in flipping a coin that will give you a higher expected return, so it's just pure gambling, just like Slots and Roulette.
Most casino games are made in such a way, that your expected return is a little under 100%. This means that from every dollar bet at the tables, the casino expects to keep a few cents. For individual players, results may vary. Some will win, most will lose. But for the house, it doesn't matter. They take millions of bets each day, so for them, the expected average works out a lot sooner. In short: the house always wins.
When looking at the house edge, we're talking about the expected long-term result, based on the game's house rules. But for a player, it can take literally tens of thousands of hands or spins before you also reach this average number. Until that time, you can experience huge upswings and downswings, that are the result of nothing but short-term luck, which is called variance.
Some games and some bets have a much higher variance than others, which means your actual results will differ enormously from what you're expected to be at.
Take for example betting on red/black at the Roulette table. This is a low-variance proposition, because it has a high percentage chance of occurring, and a low payout.
Contrast this with betting single numbers in Roulette, which only win once every 38 spins on average. This bet has a much higher variance, meaning you can easily hit a dry spell, and not hit anything for 200 bets in a row, or you can see a single number hit three times in five consecutive spins. This is not a freak occurrence in high-variance bets.
Even though the expected return in both these bets is exactly the same, there's a huge difference in variance, causing massive differences in short-term results, which can go both ways. You need to be aware of this, before you decide what types of bets you are comfortable with placing.

Gamblers' Fallacy
Another thing to realize, is that each individual game, hand, or spin, is completely independent from the one(s) before it, and after it.
Gamblers tend to believe, that the chance of a certain outcome is increased, based on previous results.
The most famous example comes from the Casino de Monte Carlo, where the Roulette wheel managed to land on black 26 times in a row. Gamblers lost many millions during that streak, all frantically betting on red, believing that the odds were in favor of the wheel coming out on red, after producing so many blacks. This is not true. Each round is completely independent, and the odds are exactly the same.
You will hear people say things like a Blackjack table being "hot" or "cold", which is completely superstitious, and should be ignored. The exception was when Blackjack was being dealt from a shoe. It made card counting possible. But with the introduction of shuffle machines, and continuous shuffling like is being used in GTA, this no longer exists.
This is also why "chasing your losses" is a very bad idea. After being on a losing streak for some time, many gamblers believe that now it's their turn to start winning. So they will often increase their bet size, believing that when their predicted winning streak comes around, they will win back their losses, and more.
The reality of it, more often than not, is that people will indeed start playing higher and higher limits, until they are completely broke. Nobody is ever "due for a win". There is never a guarantee that you're about to start winning. In fact, the opposite is more likely to be true. You are, after all, in a casino.

Betting systems
Some people like to think that they have a fool-proof betting system, like the Martingale system. Simply increase or even double your bet when you lose, and keep doing that until you win. In theory, this system will always win. So that's why table limits were introduced, and where the system fails.
If you start at the Roulette table, playing red/black, with a small 750 chip wager, and just double your bet every time you lose, you only have to lose 6 times in a row, before you will be betting the table limit of 48,000, just to get that 750 chip profit.
Sure, you can go on all evening without this happening, winning 750 chips each time, but this losing streak only has to happen once, and you're bust. Any betting system like this is ill-advised, because you are hugely increasing your so-called "risk of ruin", and that's what we were trying to avoid.
And even if your starting bet is only 100 chips, after only nine straight losses, and nine doubled bets, you are betting the table limit at 50,000 chips. If you lose that bet, you're 100,000 chips in the hole, with no way to recover that with your 100 chip base wager.
So don't believe anyone that says this is the perfect system to always win in the casino. Sooner or later they will understand why they were wrong, when they're asking you for a loan.

Set your limits BEFORE you start playing
One final point before we get into the games, a general tip for people that head out to play: money management.
Just like in real life, before you go to the casino, decide on a maximum amount that you are WILLING TO LOSE.
Bet small enough, so that amount can last you through the entire evening, and you will not be tempted to run to the ATM to continue playing.
Considering GTA money, some people will be comfortable losing 1% of their GTA bank balance, some people will be comfortable with gambling away 5% of their total GTA savings. It's up to you what you can handle. Decide for yourself where it will start to hurt, and don't cross that line.
But whatever number you decide on, as soon as you lost that amount, get up and walk away. Don't chase your losses, stick to your limits, and accept that this has not been your day. There is always another game tomorrow. Always agree with yourself on a simple stop-loss rule, how much you would want to lose at most, and simply stop playing when you get there.
Same goes for winning. You can decide on a number, how much profit you would like to take away from the casino. You can go on a hot streak and be up half a million in a short period of time, but if you would continue to play longer, looking for more, chances are that you're going to lose it all back.
Most people are happy with doubling their daily casino budget, for example. Others are looking for 10 bets profit in Blackjack. Whatever you choose, when you hit that number, you can stop playing and bank your profits, or you can continue playing if you're still enjoying the games, but then only just play minimum bet sizes. Then you're just playing for fun, not for money. You've already made your profit, so simply keep it in your pocket, and don't risk losing it again.
Either way, decide on what your money management strategy will be, and STICK TO IT.

Casino games in GTA Online
Now, I'm going to dive into the games that you can find at the Diamond casino, ordered from worst to best.

6) Slots
Generally the rule is this: the less strategy a game has, the worse it is for the player. And with slots, this is definitely the case.
The only influence you have, is choosing what type of machine you're going to play. Basically, there are two types of slot machines:
-high frequency, low payout slots
-low frequency, high payout slots
In the first type, there is no huge (progressive) jackpot on offer, just your average selection of prizes that don't go up to crazy amounts.
This will result in a player having many more spins resulting in a win. The amounts that you win on the bigger prizes, will be smaller, but they do come around more often. This type of slot machine has a lower variance, which means that your money should last you longer, winning many smaller prizes along the way to keep you going.
The second type of slot machine lures you in with the temptation of a huge jackpot prize. Even though the long-term expected return on these machines is the same as the previous type, the prize distribution is hugely different. The large jackpot prize weighs heavily on the scale of expected return, but the chance of it hitting is extremely small. This results in a much higher variance on this type of machine. Usually your money will go down very fast, because the smaller prizes are less rewarding than on the other type of machine.
At the Diamond, the info screen says the player return at slots is set at 98.7%. This means that, on average, for every maximum bet of 2,500 chips, you expect to lose 32.5 chips.
This might not seem like a lot, but the danger of slots is that the game is extremely fast. You can spin about once every 6 seconds, which would result in an expected LOSS of about 20,000 chips per hour of playing.
But again, in this long-term expected number, the large jackpot awards are also factored in, and as long as you don't hit those big prizes, you'll see your money go down a lot faster.
In any case, thank heavens the max bet is only set at 2,500, or else we would see more players go bankrupt at alarming rates.
Optimal strategy for slots:
There is none. Because after betting, you have no more influence over the outcome. The only choices you have, is what type of machine you want to play at, and how much money you are going to risk. And those are all personal preference. As long as you stick to your loss limits, as discussed above, there's no harm in having a go every once in a while, hoping to get a lucky hit. Just realize that you don't have a high chance of scoring a big win, so as soon as you do, get up and walk away.

5) Roulette
Roulette is also a game where you have no influence over the outcome. There is zero skill involved. You place your bet, and that's it.
In traditional French roulette, a table has only the single-zero, but of course, for American casinos that wasn't enough of a house edge, so they simply doubled their profits by adding a second zero. The house edge was increased from 1/37 to 1/19, which is huge.
This makes playing on a double-zero roulette table by definition a sucker's play.
The payouts scale evenly, which means that a bet on a single number, and a bet on half of the numbers, and everything in between, yields the same expected return. The only difference, again, being the variance that you are willing to subject yourself to.
The player return for double-zero Roulette for all bets is 94.74%.
Except for the 5-number bet, which can only be made by placing a bet on the two top rows that contain 0, 00, 1, 2 and 3. The expected return on this bet is lower: 92.1%. This is because it only pays out 6-1. Why? Well, the number 36 isn't divisible by 5, so the greedy people that came up with double-zero Roulette had to round it off someway, and as expected, it wasn't going to be in the players' favor.Just remember that that 5-number bet is the worst bet at the table, and should be avoided. All other possible bets have the same expected return.
So it really doesn't matter how you spread your bets, if you bet only one chip, or if you litter the entire table with a bucketload of chips. Each chip you put out there, has the same expected return, so there is no strategy that will improve your long-term results.
Assuming that you're betting the maximum table amount of 50,000 chips, you will be looking at an expected loss of about 2,630 chips per spin. Considering that a round takes about 45 seconds to complete, your expected LOSS at the GTA Roulette tables will be around 200,000 chips per hour of playing.
Optimal strategy for double-zero roulette:
Stay away. Stay far away.

4) Three Card Poker
With Three Card Poker, we come across the first game where there is actually some strategy involved. You get to look at your cards, and then decide if you want to fold, and surrender your ante, or double your bet.
Additionally, you can choose to place a side bet on "Pair Plus", which offers progressive payouts.
There are some websites out there that ran all the numbers with computer simulations, and even though I would like to quote the source here, these websites are understandably littered to the max with online casino ads, so that's why I have decided against doing that.
Optimal strategy for Three Card Poker:
For this game you only have to remember one strategy rule: Always bet on any high card queen-six-four or better, and fold any high card queen-six-three or lower. That's it. Just don't forget to double check if you're not folding a straight or a flush, and you'll be fine.
This strategy will result in an expected return of 96.63%.
The Pair Plus sidebet, with the payout table that is used at the Diamond casino, gives you an expected return of 97.68%, which is actually a bit better than the main ante bet.
So by playing both wagers, you're reducing your expected losses per bet, but since you're betting more, you're also increasing your expected loss per hour.
My advice would obviously be to not play this game at all, but if you do, put as much of your bet as possible on the Pair Plus, while making our Ante bet as small as you can.
To be able to compare it to the other games at the Diamond, let's stay on that 50,000 maximum wager, meaning making your ante bet 35,000, and your pair plus bet 15,000, if the table would allow it.
This results in an expected loss of about 1,525 chips per hand, and with a round taking about 45 seconds, this adds up to an expected LOSS of around 120,000 chips per hour of playing. In comparison, if you would only play the ante bet for 50,000 per hand, you expect to lose 1,685 chips per hand, which means an expected LOSS of about 135,000 chips per hour. So the more out of that 50,000 wager you can put on the "Pair Plus" sidebet, the better.
Even though it may be fun to try out this game for a bit, since there's only one simple strategy rule to follow, you'll soon find yourself robotically grinding down your bankroll until it has vaporized. You're not missing out on anything if you skip these tables, there is no real challenge.
Just like with Roulette and Slots, if you want to try it out nonetheless, you can just bet the minimum amounts and only play for fun, so it won't matter if you win or lose.

3) Blackjack
Blackjack is the most complicated game by far. Simply because the player has to make a series of decisions, which will largely decide the outcome. Luckily, there is such a thing as an optimal strategy, which will be outlined below.
However, the strategy is also dependent on the house rules. These not only affect your expected return, but in some places also your decisions.
Here are the house rules at the Diamond casino:
-The game uses 4 standard decks, and a continuous shuffle.
-Blackjack pays 3 to 2, dealer checks for early blackjack.
-No insurance offered, no surrender.
-Dealer stands on soft 17.
-Double down on any two cards.
-Player can split only once, but doubling after split is allowed.
-Seven-Card Charlie.
Under these rules, and following the "basic strategy" chart, your expected return at Blackjack is a shade under 99.6%, which is extremely good for a casino game, that's why Blackjack should be your table game of choice.
But it comes at a price: you are going to have to memorize the relatively complicated strategy chart, or at least stick it to your monitor until you have it in your head. But in case you ever stumble into a real-life casino, you won't regret having this table memorized, so I would definitely advise you to work on that.
The strategy chart might look complicated at first, but you will be able to notice certain patterns. Your decisions are mainly based on the dealer's upcard, which is basically divided into a weak card (2 to 6), and a strong card (7 to ace).
When a dealer shows a strong card, you will be hitting more often with the risk of going bust, but when a dealer shows a weak card, you're not taking that risk, and you will be standing more, but also doubling and splitting more. You want to increase your bets when the odds are in your favor, and get out cheap when they're not.
But it also helps to take some time to think about why a certain advice is given. For example, why does it say that you always have to split two eights, even against an ace. Well, that's because two eights equals 16, which is the worst total you can have. It's better to split them up, and give yourself a chance of finding a 17, 18 or 19 with the next card. Once you see the logic in that, you'll have one less thing to memorize.
The playing advice in the basic strategy chart is a result of computer simulations that ran all possible outcomes against each other, and produced the most profitable decision for each situation. So you can't go wrong following it.
Optimal strategy for Blackjack with Seven-Card Charlie
The added house rule of Seven-Card Charlie, adds a small advantage for the player, and it does influence a few strategy decisions. For example, you might have a 14 with 6 cards, against the dealer's 5 upcard.
Normally this would be an automatic stand, but if you're only one card away from the Seven-Card Charlie, meaning an instant win for the player, regardless of the dealer's hand, it turns it into a hit.
Here's the most optimal strategy chart to follow for the Diamond Casino house rules: https://prnt.sc/olct6g
You'll see that two fives are missing from the chart, and that's because you never split them. You treat them as a regular 10. You also never split tens. Just stand on 20.
If you follow this strategy religiously, even with a maximum wager of 50,000 chips, you only expect to lose about 215 chips per hand, and with rounds taking about 30 seconds, that amounts to an expected LOSS of 26,000 chips per hour, which is only half a bet. A small price to pay for an hour of entertainment.
But since the expected return is so extremely close to 100%, you will see more positive short-term results than with other games. But obviously it can also swing the other way. Again, this is supposed to be the game where your money lasts you the longest, but always set your loss and win limits before you sit down. That rule simply always applies.

Still, even with optimal strategies applied, all these games are expected to lose you money in the long run. So betting any kind of large amounts is not advised. If you simply want to enjoy playing these games, there's nothing wrong with betting a minimal amount. Playing these games for a longer period of time will already cost you money anyway, since your daily property fees will still be charged while you're playing in the GTA casino. As long as you can play for fun, there's nothing wrong, but when you see yourself betting insane chunks of your entire bank balance to try to recoup some unfortunate losses, you're doing it wrong.
As the commercials in Britain all correctly say: when the fun stops, stop.

2) Virtual Horse Racing
Now onto the good stuff. I ran some numbers, and I believe Rockstar has made a mistake with the horse racing game. Because as it stands, and if I read the numbers correctly, this game is actually profitable for the player. You can actually make money with this, at least, until Rockstar figures out their mistake and patches it.
If anyone wants to jump into the math and double check this to make sure, please do so. I will add any corrections to this post. This is one of those "to good to be true" things, so I keep thinking that I might have overlooked something. So please verify it if you can.
The setup is this. There is a pool of 100 horses, each with their own attached payout. These are divided into 3 groups, ranked by their odds. From each group, 2 horses are randomly selected to provide a pool of six runners for you to bet on.
Now it's not an actual race you're looking at. You are looking at a raffle. This is important to realize.
Each horse gets awarded a certain number of raffle tickets. The favorites get awarded more tickets than the underdogs, and therefore, have a higher chance of winning.
If this distribution works like it does in the real-life casinos, then the raffle tickets are awarded according to the betting odds.
Example 1: imagine a race with 3 runners, all have 2/1 odds, representing a 33.3% chance of winning. (Because 2/1 means 2 AGAINST 1, so 3 total.) In this case, each horse gets one third of the raffle tickets, giving them an equal chance to win.
Example 2: imagine a race with 3 runners, one has 1/1 odds (or EVENS), representing a 50% chance of winning, and the other two horses are marked up as 3/1, with a 25% chance of winning. The favorite gets half the tickets, the other two get a quarter of the tickets each.
A ticket is drawn, and you'll have a winner.
It doesn't matter in this game which horse you bet on, because the expected return is always the same: 100% or break-even, for the above examples.
Now, what happens if the percentages don't exactly add up to 100%?
They must add up to 100%, because there will always be a winner. And only one winner.
So when this is the case, the actual winning chances of the horses are adjusted to meet the 100% requirement, using their payout odds to determine the scale.
So, if the represented percentages add up to more than 100%, the actual winning chances of the runners will be DECREASED, resulting in all bets becoming losing propositions for the players.
Example: In a 6-horse race, all runners are listed at 4/1, representing a 20% chance. Only with six runners that amounts to 120%. So all chances are scaled down by 1/6th, to end up at 100%.
This means your horse's chances are reduced from 20% to 16.67%, turning it into a losing bet: 5 times you will lose your bet, and 1 time you will win, but only get 4 bets back in this instance, instead of 5. A losing bet in the long run.
This is the type of odds that you find in regular casinos, with fields as large as 15 runners to bet on, where the assumed winning chances always add up to more than 100%, therefore are decreased for all runners, resulting in a house edge.

But in GTA Online's Inside Track, there are other scenarios, because of the small field, and the way that they are put together.
In some cases, the represented percentages when added up, are LESS than 100%, meaning that the actual winning chances of all runners, are INCREASED.
This creates profitable bets for the players, because in the long run, you're expecting to win more money than you lose. This is a gambler's dream, pure and simple.
So, according to the in-game information, the three groups of horses are divided as follows:
-Favorites: EVENS to 5-1
-Outsiders: 6-1 to 15-1
-Underdogs: 16-1 to 30-1

Let's take the two most extreme examples to show what's happening.
The worst possible field to bet on: two runners at EVENS, two runners at 6-1, and two runners at 16-1.
EVENS represents a 50% chance, 6-1 is 14.29%, and 16-1 is 5.88%. Add those up and you land on a total of 140.34%.
This means that the actual winning chances of the horses are decreased by 28.75% (to get that 140% down to 100%), which makes betting on this field extremely unwise.
A horse at EVENS will only come in as a winner 35.63% of the time, instead of 50%,
a horse at 6-1 will only win 10.18% of the time,
and an underdog at 16-1 will only win 4.19% of the time.

The expected return on a bet on any of the horses in this field is only 71.26%, so a maximum bet of 10,000 chips on any of these horses holds an expected LOSS of 2,875 chips.
These returns are the same, because the winning chances are scaled equally, according to the payout numbers. So it really doesn't matter which horse you bet on, in the long run, you expect the same results.
But as explained before, it does influence variance, and therefore your short-term result, which can swing both ways.

But now, the best possible field to bet on: two runners at 5-1, two runners at 15-1, and two runners at 30-1.
Odds at 5-1 represents a winning chance of 16.67%, 15-1 odds means 6.25% chance, and 30-1 odds means a 3.23% chance of winning. Add these six horses together, and you only get 52.285%.
This means that, to get from 52% to 100%, the actual winning chances of these horses will be almost doubled! Multiplied by 1.91 to be exact.
So the 5-1 favorites will now win 31.88% of the time, instead of 16.67%,
the 15-1 runners will win 11.95% of the time,
and the underdogs at 30-1 odds will still win 6.17% of the time.
When betting on this field, the expected return on your bet is 191.25%!
This means that a max bet of 10,000 chips will result in an expected PROFIT of 9,125 chips.
This is printing money, if there ever was such a thing.
Optimal strategy for Virtual Horse racing
So all you have to do, is only bet high on the games where you have an expected positive return, and bet the absolute minimum on the games where your expected return is negative. Or back out of the racing game to refresh the field.
If you don't have a way to quickly add up all the percentages, and until somebody shows up here with a neatly formatted table, just use a few general rules of thumb:
-Always bet the maximum on a race with favorites at 2/1 and 3/1 or higher in it.
-Simply skip all races with two favorites at EVENS in it, and at EVENS and 2/1. Or bet the minimum, if you can't skip or refresh the field.
-To decide if you should play races with other favorite combinations EVENS and 3/1, EVENS and 4/1, EVENS and 5/1, or two favorites at 2/1, the payouts on the other four runners determine whether or not it's profitable to play them. The results of betting on these fields vary from an expected 1,330 chip loss (worst-case) to an expected 1,680 chip win (best-case), with a max bet of 10,000 chips.
But if you're not looking for another strategy chart, you might just want to skip these borderline cases, and just cherry pick the best ones, which are easy to recognize, and with which you can never go wrong.
It's difficult to put a number on an expected win-rate, because it all depends on which fields you get presented with, but it's not unreasonable to state that you can maintain a steady win-rate of around 200,000 chips per hour, with about 50 seconds per race.
Remember, you're not trying to win every race. You're trying to win the most money per hour. So don't sweat it when you bet on a 4/1 favorite, and lose a couple of races in a row. It will still be more profitable in the long run. You have the math on your side.
To reduce negative variance, always bet on the favorite, when betting on profitable fields. We're not gambling anymore, we're grinding out a steady profit. We want to keep the swings to a minimum.
I contacted Rockstar support to verify if this is indeed how it works, but the only reply I got after 6 weeks is that they were "looking into it".
User u/Garsant made a useful Excel-worksheet, available for you to download, where you can quickly type in the payouts on the horses, to see if it produces a profitable bet or not. You can find it in his post here: https://www.reddit.com/gtaonline/comments/ekp8na/gta_online_inside_track_odd_calculato

1) Wheel of Fortune
The number one profitable casino game in GTA Online is obviously the Wheel of Fortune, because it costs you nothing to play.
Unfortunately, you only get one free spin per day, but it holds great value, so make sure you do it.
With a chance to win a super car, vehicle discounts, expensive mystery prizes (which also can be vehicles), and a lot of cash and chips, the expected return on a single spin is around $100,000 in value.
So don't forget your daily spin, it's definitely worth your time.

2020 Update:
As of the Diamond Casino Heist update, the Inside Track horse racing is confirmed to still be as profitable as outlined above.The only thing that seems to be changed, is that you can't refresh the field anymore by backing out of the screen. This does affect your hourly rate in a negative way, but does not change the fact that this game has a huge positive expected return, and should be your go-to when you're trying to take money from the house, without having Lester's nagging voice in your ear. That should also be worth something.

And with that, I conclude my 5,000 word essay on gambling in GTA. Questions, comments, feel free to add your input to this guide.

Cliffs:
-Gambling games should only be played for fun, not for big money. You should expect to lose in the long run. The house always wins.
-A casino game doesn't have a memory, and betting systems don't work.
-Set your limits before you start, how much you are willing to lose or win, and then walk away when you get there.
-Don't play slots, roulette, or three card poker.
-Only play blackjack following a basic strategy chart (https://prnt.sc/olct6g).
-Inside Track betting can be played profitably, if you only bet on fields WITHOUT a heavy favorite.
-Wheel of Fortune is always your best bet, because it's a free bet.
submitted by enderpiet to gtaonline [link] [comments]

Robbery suspect at Las Vegas casino dies after shootout with police

submitted by Face2FaceRecs to news [link] [comments]

Fall of Cleveland 14 - Get Lucky by philsrobeighn

Be Tree-bark, a smarty friend in a Californian herd
Uni the Unicorn was on her way to a mythical new place
Didn't tell you it led through miles of desert
Uni is a bitch, no matter how firm and big her teets are
You are going to give baddest special hugs to her when you see her
Suddenly, the last toughy friend in your herd, Oats, points a hoof
"Wook! Wights! Maybe hooman food and wa-wa!"
Head towards the lights
You recognize a tower with human lights going up and down
"Smawty saw Uni come thwough dis! Dat stawt-o-pheawe towah! Dis Was Vegas!"
You have followed Uni!
Reach the outskirts of the city
Take inventory of the herd
"Oats, whewe aww ow mawes?"
Oats looks around too
No mares have survived
"Fwuffy hewd haf no mawes! We die wit no babbehs!"
"Qwiet! We mus find mawes in city!"
"Twee, bawk, how we fin mawes in city wike Was Vegas?"
Turn around, and there are three very pretty mares right in front of you!
They have color in their fluff around their eyes and cheeks
They smell sooooo good, too
"Hewwo big, stwong fwiends! Wan specia hugs?"
A big meanie human behind them growls, "Girls, these are ferals. They don't have money."
"No specia hugs?" you whine
"Sowwy, we onwy giff specia hugs to fwuffies who daddeh gif monneh to owa daddeh."
You think as hard as you can
"How much monneh?"
The man snorts. "For just a fluffy, without a human to pay for one of my ladies here?"
He motions to three human mares with less fluff than most humans, but more pretty
"I'd say thirty-five a piece. Hell, you've got a herd here, so all three for ninety."
"Okay, we get ninety hooman monnies and be back"
The nice big man nearly falls to the ground laughing
You turn to the herd, "We find hooman monies!"
Oats sighs and asks, "But whewe we fin hooman monies in a city wike Was Vegas?"
Suddenly, a man who smells like silly-juice stumbles out of a shiny door
So many pretty lights in there
He drops a white and blue round thing with a triangle on it
Look up, and, sure enough, you are in front of the big triangle with a light coming off the top of it
You remember seeing that when Uni came here!
The man who dropped it was trying to pick it up
Not seeing it, he says "Ah, no biggie' jus a vani-hic-a beeen" and walks off
This is a bean?
You pick it up and try to eat it
Not a bean
A human at the door says "Hey, fluff, give that back, unless you're going to play"
"Pway?" your herd says
"Yeah, that's a chip, it's worth a dollar. You play a game and try to get more."
You puff out your cheeks and demand "Hooman show hewd game! Wan get ninety dowwas!"
"Heh, why not." he says, and leads you inside
Another human comes up and says "What are you doing with these vermin?"
"Hey boss, they have a chip and want to play!"
"Are you serious?"
"Come on, boss, it's just a buck. They're adults for their species. There's no rule saying they can't play."
"I swear, if they shit on the carpet, you're cleaning it with your bare hands."
You say "We gud fwuffs! No make poopies inside!"
"Come on boss! You've given me a great idea! Craps!"
The other human sighs. "Fine. What's the worst that can happen?"
**********
Be the pit manager in the Luxor
After the weirdest night of your life
One of your employees set a fluffy pony down at a craps table
The amused gamblers quickly gave fluffy an explanation on how to be a shooter
You preceded to watch for an hour an a half as a fluffy pony shot craps with all his might
And never miss the damn pass
Not
Even
Fucking
Once
The damn fluffy pony put down an original bet of a dollar
Made it up to $8,000 before you had to call them on the limit
Not counting the hotel room you convinced them to purchase
And the $90 that one sent out for whatever reason
And of course, all the players who love a hot roller
You've paid out quite a bit
Now you've got to explain to your bosses what happened
"Anon," they start "We're not mad at you"
That's good news
"There's a new place out east that's marketing as a theme park for fluffies"
Oh no, don't say it
"After what we saw today, we want to market a casino to fluffies too"
"Of course," says your direct manager, "you will be compensated handsomely for agreeing to manage this"
Maybe it's not that bad
**********
Be Lucky, smarty friend of a herd in Las Vegas
Earlier today you were Tree-bark from California
But now, you have a big human bed for your herd and three new mares
Apparently the man who sold them to you was so surprised he let you keep them
Something about being able to buy a hundred replacements with that money
Now you have a new herd and a new place to stay
New mares and a fluffy-mark of the number seven in red
You give special hugs to one of the new mares as the other fluffies figure out the magic box
And by figure it out, they mean stomp on it until something happens
Uni comes on the magic box
"Dis is Wells Fawgo centah! We in Denvah!" she says
"Wook, smawty, is Uni! She went to Denvah! We go Denvah?"
You instantly feel the good feel at the sight of her beautiful white fur
You collapse and say, "Why botha? We high wollahs."
Thus, fluffies that happen in Vegas stay in Vegas
For a day at least
Next day, try your luck at the Bellagio
Herd drowns in the fountains
submitted by SkettiFamine to fluffycommunity [link] [comments]

Bellagio poker room robbed at gunpoint

Bellagio poker room robbed at gunpoint submitted by bikeking19 to poker [link] [comments]

My Vegas trip report for 12/25 - 12/30

I had the holidays to myself this year (mid 30s bachelor, siblings were with in-laws) and had a comped room at Aria so I made a trip to Vegas from San Francisco, CA. I had told myself I will take a day off the Strip to visit Fremont.
My strategy - This is a more aggressive style I've been playing this holiday season. Before I never pressed my bets and it was just a grind session. While this trip was a negative, I believe that if I did not press my bets on the hot shooters, my losses would be greater and my wins would be less. The data does not show the times where I was out 75% of my buy-in and a hot shooter came in to save my ass
  1. Make the pass line bet for minimum. On $5 tables, I went max odds up to 5x. On $10, $15, $25 tables, I went with 1x, 2x, 3x.
1A) If the dealer is friendly and making jokes and small talk, I would bet $1-$5 on the pass for them.
2) I place all the inside numbers 5, 6, 8, 9 for the minimum bet.
3) If the point is 4, 6, 8 10, I make a two way hardway for just the point number for $5 and $1 tip
4) If there is the ATS bonus, I typically played it. On $5 tables, I bet two way 212 ($2 All Small, $1 All, $2 All Tall). At $10 and $15 tables, 555 for me, 212 for dealers
5) I try to press my wins up to quarters (for 5/9, it goes along $5 > $10 > $25. for 6/8, $6 > $12 > $24 > $30) before collecting.
5A) If it's a cold table and I'm in the red, I would collect the first win before pressing.
5B) If I have successfully pressed it up to quarters, if I collected a win off the pressed bet, and if I had already made a good profit (more than 50% of my buy-in, I keep pressing up past $100.
6) If the table is cold, I give it 2 go-arounds to see if it heats up. If a shooter had a hot roll, I play 1 more go-around to see if they still got heat.
7) After color up, I leave all the loose $1 and $5 chips on the table

Some highlights
  1. Another player and I both hit either All Tall or All Small for $5 each several times in a session
  2. At Planet Hollywood, I bought in just as a shooter started to heat up. He was a new player so he only had the pass line, no odds, and the field. I had my inside numbers pressed up to $100+ each. Made $500 off the guy's roll and his own stack never grew. We kept telling him to place odds and to play the numbers, but he kept his own style. I was the next shooter and rolled for 25 minutes, again pressing several up past $100+
  3. At MGM Grand, we had a hot shooter and the dealer was just giving a lot of us shit for not pressing enough or adding to our bets. I had pressed up to $100+ and he just kept shaking his head at us. The players next to me never pressed.
  4. At Bellagio, I stepped in just as a quiet older lady started her roll. She had a hot roll and hit the points instantly several times, hitting several hard points, and I had pressed up again. She only made one side of the bonus and it got me out of the red. I head over to Park MGM and 30 minutes later she joins the table. This time she hits the bonus for my 555/212 bet. Session ended with $1200 profit. If you wanted to know - she always played stick left, no dice setting, just picked it up, and flicked the dice like a lady throwing her silk handkerchief
  5. At Excalibur, I stepped into a roll in progress. For some reason, the other side of the table had the puck off and I bought in mid-roll. This is my personal NO-NO rule. I would have waited it out, but I made a mistake and disturb the roll. The guy was hot and I pressed my $5 to $100. After he PSO, I just colored up.

Some take-aways
  1. My best sessions were just being in the right place at the right time.
  2. The female players had the best rolls. The better ones were playing besides their husbands. Single women, not too "hot"
  3. Set the dice if you want and if you believe. No one cares as long as you're winning. One beginner shooter had a hot roll, but he had the worst roll style in the world. The dice wouldn't even make it down the table, it slipped out of the hand, if he manages to get it down the table, he chucked it so hard it destroyed all the stacks.
  4. TIP THE DEALERS!! I played and tipped constantly at Park MGM and the dealers recognized me every night. They even talked to the pit boss to let me play with the lower minimum if they had just upped it before I joined in. I tipped at every table during the entire trip so the dealers knew my bets and would remind me if I had missed something.

Day Date
Casino Table Minimum Odds Length of Play Buy-in Color Up Rounds Comments

Wednesday 12/25
Aria $15 3, 4, 5 1:20 $600 $300 3 rounds
Planet Hollywood $15 3, 4, 5 1:00 $600 $1500 2 shooters 30 min roll, follow by 25 min roll. Couldn't see the dancing girls from the craps tables
Paris $10 3, 4, 5 1:30 $600 $175 2 rounds
Bally's $10 3, 4, 5 0:25 $300 $135 1 round This felt like a Reno casino
Day Total $2100 $2110 well.....what a haul
Thursday 12/26
MGM Grand $15 3, 4, 5 1:20 $600 $1075 3 rounds
Mandalay Bay $10 3, 4, 5 0:30 $475 $305 3 rounds It was dark and empty
Luxor $10 3, 4, 5 0:30 $305 $105 6 shooters One table, too close to other games
Excalibur $5 3, 4, 5 0:30 $500 $825 1 shooter
Park MGM $10 3, 4, 5 2:00 $700 $1400 6 rounds Bonus All Tall x 2
NY NY $10 3, 4, 5 0:30 $500 $260 1 round It felt cramped due to it being placed underneath some overhead structure
Day Total $3080 $3970 Much better this time
Friday 12/27
Cromwell $15 100 0:20 $500 $185 1 round Did not like the atmosphere
Flamingo $10 3, 4, 5 0:40 $500 $355 1 round
Linq $10 3, 4, 5 0:20 $220 $170 2 rounds Felt like a shopping mall
Mirage $10 3, 4, 5 2:00 $500 $700 5 rounds Lots of open space around the tables
Aria $15 3, 4, 5 1:00 $860 $490 4 rounds
Bellagio $15 3, 4, 5 1:45 $1490 $1500 5 rounds Too many reserved tables for $50, $100, and $300 min
Aria $25 3, 4, 5 1:45 $2000 $1500 7 rounds
Park MGM $15 3, 4, 5 1:15 $500 $1700 2 rounds Bonus ATS
Day Total $6570 $6600 Down then back up
Saturday 12/28
Four Queens $5 5 1:15 $200 $400 4 rounds
The D $5 10 1:45 $400 $700 1 round Cutest cocktail waitresses in LV
Fremont $5 2 0:30 $200 $140 1 round
Binions $5 3, 4, 5 0:30 $240 $275 1 round One table had cute female dealers in ref stripes
Golden Nugget $10 10 0:45 $375 $430 2 rounds Bonus All Small
Golden Gate $5 10 1:00 $530 $140 3 rounds
Plaza $5 10 0:30 $340 $240 3 shooters One table, felt like an old gambling hall
Main St Station $5 20 0:15 $220 $380 1 round
California $10 2 0:30 $380 $265 1 round All older asian men
Aria $15 3, 4, 5 1:00 $1000 $635 3 rounds
Park MGM $10 3, 4, 5 1:15 $635 $385 3 rounds
Day Total $4320 $3990 Oh no
Sunday 12/29
Excalibur $5 3, 4, 5 3:00 $1000 $300 6 rounds
MGM Grand $15 3, 4, 5 0:45 $800 $825 1 round
Park MGM $10 3, 4, 5 1:15 $825 $700 2 rounds
Aria $15 3, 4, 5 1:45 $1500 $560 5 rounds Some NBA players had a reserved table. I didn't see their bets but people kept asking them for pictures which they seem cool about
Day Total $4125 $2385 Oh NOOO

Sessions up Sessions down Length of Play Total in Total out Times as Shooter
13 out of 33 20 out of 33 ~ 37:00 $20395 $19055 ~70 - 80
submitted by mastercave to Craps [link] [comments]

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