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Originally posted by Marsha@Apr 20 2004, 04:50 PM

It is my understanding that there are some LDS members that OWN casino's in Vegas. Wonder if they tithe on that increase?

I've heard that but I would bet on it, although I recall reading a news piece last year that a Mormon was thinking about buying or selling one. Mormons did found Las Vegas though.

Is there some proof?

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Originally posted by Snow+Apr 20 2004, 08:54 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Snow @ Apr 20 2004, 08:54 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Marsha@Apr 20 2004, 04:50 PM

It is my understanding that there are some LDS members that OWN casino's in Vegas.  Wonder if they tithe on that increase?

I've heard that but I would bet on it, although I recall reading a news piece last year that a Mormon was thinking about buying or selling one. Mormons did found Las Vegas though.

Is there some proof?

If I recall the Westward Ho casino is owned by an active member.

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I knew a guy in college who majored in math and did a report for a stats class on how casinos and lotteries could operate, give away tons of cash, and still make money. It's CRAZY the odds that are so stacked against you in winning. You have a better chance of living to see a civilization established on Mars first then winning big. Though someone has to win it right?

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Originally posted by AFDaw@Apr 21 2004, 11:24 PM

I knew a guy in college who majored in math and did a report for a stats class on how casinos and lotteries could operate, give away tons of cash, and still make money.  It's CRAZY the odds that are so stacked against you in winning.  You have a better chance of living to see a civilization established on Mars first then winning big.  Though someone has to win it right?

It is the math of large numbers. It never fails. In fact if anyone ever learns a system to beat the casinos (it does happen from time to time). They just change the rules and move on. The odds are always, always in their favor. The odds are often low sometimes around 1%...but with large numbers, 1% can mean lots o' money
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Originally posted by srm@Apr 22 2004, 08:19 AM

It is the math of large numbers. It never fails. In fact if anyone ever learns a system to beat the casinos (it does happen from time to time). They just change the rules and move on. The odds are always, always in their favor. The odds are often low sometimes around 1%...but with large numbers, 1% can mean lots o' money

Blackjack, if everyhand is played strictly in accordance with the rules of probability, has a slight statistical advantage to the player.

Learn to count cards and thus known when to bet big vs bet small and there is some potential to make so cash.

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Originally posted by Snow@Apr 22 2004, 05:43 PM

Blackjack, if everyhand is played strictly in accordance with the rules of probability, has a slight statistical advantage to the player.

Learn to count cards and thus known when to bet big vs bet small and there is some potential to make so cash.

It's really not gambling. And it's not that fun if you ask me. It's hard work. Difficult to make a living too. You get barred if you're caught counting.
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Originally posted by Snow+Apr 22 2004, 04:43 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Snow @ Apr 22 2004, 04:43 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--srm@Apr 22 2004, 08:19 AM

It is the math of large numbers. It never fails. In fact if anyone ever learns a system to beat the casinos (it does happen from time to time). They just change the rules and move on. The odds are always, always in their favor. The odds are often low sometimes around 1%...but with large numbers, 1% can mean lots o' money

Blackjack, if everyhand is played strictly in accordance with the rules of probability, has a slight statistical advantage to the player.

Learn to count cards and thus known when to bet big vs bet small and there is some potential to make so cash.

No, the odds are in favor of the house even if you play perfectly and count cards. There are a few instances where the odds might slip into your favor...but only for a short period. The best odds in the casino can be found at craps. Believe it or not.

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Originally posted by srm@Apr 22 2004, 11:33 PM

No, the odds are in favor of the house even if you play perfectly... Believe it or not.

Well then... I don't believe it.

When I was younger I read a book called Beat the Odds or Beat the House or something by a University math professor that explained all the math and set all the rules. I memorized the rules and would gamble for hours and always walk away with essentially what I started with - as I didn't count cards. It could be that he really was a math PhD or that he was lying about the odds but it worked for me and he seemed credible.

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Originally posted by Snow+Apr 23 2004, 06:56 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Snow @ Apr 23 2004, 06:56 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--srm@Apr 22 2004, 11:33 PM

No, the odds are in favor of the house even if you play perfectly...  Believe it or not.

Well then... I don't believe it.

When I was younger I read a book called Beat the Odds or Beat the House or something by a University math professor that explained all the math and set all the rules. I memorized the rules and would gamble for hours and always walk away with essentially what I started with - as I didn't count cards. It could be that he really was a math PhD or that he was lying about the odds but it worked for me and he seemed credible.

Was it called 'beat the dealer'? I have the book. and as I said, there are a few situations where the odds are much more favorable. and in a few instances maybe in your favor (if I recall). But it depends on a few things. that you know what the burned card is and that they deal all the way to the bottom of the deck. The don't do either any more...like I said when someone really does find a winning system...they just change the rules.

BTW, the 'believe it or not' was regarding craps being the best odds in the house.

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Originally posted by Starsky@Apr 22 2004, 08:28 PM

Gambling is gambling....like buying car, life, health insurances... driving on the freeway....

We just shouldn't do it...

Starsky - So IOW you are against gambling, you have never bought a car, life or health insurance and you don't drive on the freeway. Is that correct? Or do you mean we shouldn't gamble, buy a car, life or health insurance or drive on the freeway? - but sometimes we just can't help ourselves.

M.

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Edward Thorpe's (author of Beat the Dealer) way of counting cards was very difficult. But his basic strategy was right on, and with only using basic strategy the house has about a .5% advantage over the player, which can be regarded as a fair loss for the time played. Cheaper than arcades really.

Counting cards will help the player identify situations in which he has a better chance or a worse chance of winning. When he has a better chance to win, he bets higher than his normal bets. When he has a low chance of winning he bets his minimum bet. By doing this he can slowly make more money than he loses.

It doesn't really matter if you can see the burned card or not. The burned card can be considered a card at the bottom of the deck that will never get seen. Most casinos don't go to the bottom of the deck where counters can really get a feel for the deck and understand the composition. Also most casinos use more than one deck. Up to 8 decks in fact. This makes it a little more difficult for the player to count and makes each series of plays to the next cut longer. The deck stays more even and doesn't stay positive too long. But there are certain times where it does get positive and stay there for a long time due to the neutrality of how the cards come out. Some counters like it better this way, some don't.

Everyone should at least learn basic strategy so you can have some fun at blackjack and not worry about playing on hunches.

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Blackjack, if everyhand is played strictly in accordance with the rules of probability, has a slight statistical advantage to the player.

Not so. Having spent some time as an external auditor in some of the larger Vegas casinos, I learned exactly what the odds are. They actually vary from the strip to Fremont street but in both places, even when you play perfectly, the odds are against you by a small fraction.

Counting cards can work but it is illegal (at least in Nevada). These guys are trained to tell when a person is counting cards and if caught they are tossed out. Some are black-listed.

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Guest Starsky
Originally posted by Maureen+Apr 23 2004, 08:56 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Maureen @ Apr 23 2004, 08:56 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin--Starsky@Apr 22 2004, 08:28 PM

Gambling is gambling....like buying car, life, health insurances... driving on the freeway....

We just shouldn't do it...

Starsky - So IOW you are against gambling, you have never bought a car, life or health insurance and you don't drive on the freeway. Is that correct? Or do you mean we shouldn't gamble, buy a car, life or health insurance or drive on the freeway? - but sometimes we just can't help ourselves.

M.

LOL....I was just trying to make the point that no matter what...we are all gambling...just getting up in the morning and doing what it takes to keep going....in this world.

We buy insurance on the 'chance' that we have accidents, illness, or death come.

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Somehow,

I just can't see Jesus sitting at the slots or playing blackjack.

WWJD

~serapha~

**note**

In the first-century, it was common for the Romans to bet on the gladiator fights, etc. Can you imagine the "bets" made on Christians going into the arena? "How big is your god, will he save you today!" "I'm betting on the lion!"

The soldiers cast lots for Christ's clothes. That could have been tesserae (mosaic floor squares) designed similar to dice... or it could have been casting lots as in straw lengths..

So, when you gamble by throwing dice or casting lots, think of this... some of the early history of gambling was over the death of Christians, and more importantly, the death of Christ.

Talk about pagan roots. Gambling is "of the world". Christians are called out of the world.

So, WWJD?

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Guest TheProudDuck

Serapha --

"I'm betting on the lion!"

Wouldn't it be hard to find anyone to take you up on the bet?

I mean, the odds on lion-vs.-Christian would be about the same as those on me vs. Tyson, no?

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Serapha --

"I'm betting on the lion!"

Wouldn't it be hard to find anyone to take you up on the bet?

I mean, the odds on lion-vs.-Christian would be about the same as those on me vs. Tyson, no?

Killing Christians was a sport, perhaps that is the point that I didn't get across.....

~serapha~

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