Those who lay down $10K for a bet at the tables make it possible for me to enjoy a nice casino stay and play.
The casinos (the upscale ones, at least) couldn't survive on the amount 'donated' by low and mid level players like me. So I cheer for the whales and high rollers, no hard feelings. Come on, guys, lay it down for the minnows and guppies. We appreciate it!
Candy
Originally posted by: O2bnVegas
Those who lay down $10K for a bet at the tables make it possible for me to enjoy a nice casino stay and play.
The casinos (the upscale ones, at least) couldn't survive on the amount 'donated' by low and mid level players like me. So I cheer for the whales and high rollers, no hard feelings. Come on, guys, lay it down for the minnows and guppies. We appreciate it!
Candy
That's a myth, actually. Vegas was built, and survives, on the business of the low- and mid-roller.
Look at Macau. That's pretty much exclusively high-roller territory. It's a quite small city and its casinos offer...gambling. Nothing else. No entertainment, very limited food options, and only enough rooms for those high rollers. Vegas offers twenty times as much as Macau does.
You see, I know the history of Vegas. It wasn't built on jet-setters flying into town and dumping cash. It was built on the guy in L.A. putting $500 into his pockets and driving north on I-15, hoping to get lucky or at least have a little fun. A thousand of those guys will actually outspend a millionaire.
Of course, now, Vegas is saying to those guys, "Fuck you, stay home, we want to make our profits by ripping off fools with lots of money." And that will be fatal to the casinos.
Originally posted by: Kevin Lewis
No one's telling anyone "how to spend their money." I was just pointing out that when people spend foolishly, it makes it that much harder for people who don't want to spend foolishly to get a decent deal.
There's also the ridiculous cultural meme of the admiration of people who piss away huge sums of money "without a second thought," as Boiler puts it. Well, maybe they have so much money that they no longer care. Bully for them--but I know that many people work long hours to earn less money in a month that Joe Golddick is putting on the the table for a single blackjack bet, and I don't admire him for it. In fact, I think he's a fool.
I happen to be in a personal financial situation where I actually could spend a week in Vegas right now and pay the insane high prices, but I just don't want to. It's not about the money. It's about not being ripped off. I suppose that if that golf course in Cabo charges Joe Golddick $800 instead of $400, he still won't care--but he'll still be getting ripped off.
Kevin, if someone thought you were pissing away money playing quarter vp would their opinion be valid?
Originally posted by: ksouth165
Kevin, if someone thought you were pissing away money playing quarter vp would their opinion be valid?
Uh, no, because I play only +EV games. I'm actually earning small amounts of money and comps.
However, if someone was playing .25 VP with bad pay schedules, I also wouldn't consider them to be pissing away money, because the cost of playing, say, a 97% return machine would only be $20-30 an hour, and that could be called a reasonable entertainment expense. I would tell them, if I had the chance, that they could obtain the same entertainment value at a much lower cost by playing good machines, but maybe those machines aren't available or they don't want to expend time and effort tracking them down--which is valid.
Originally posted by: Kevin Lewis
Uh, no, because I play only +EV games. I'm actually earning small amounts of money and comps.
However, if someone was playing .25 VP with bad pay schedules, I also wouldn't consider them to be pissing away money, because the cost of playing, say, a 97% return machine would only be $20-30 an hour, and that could be called a reasonable entertainment expense. I would tell them, if I had the chance, that they could obtain the same entertainment value at a much lower cost by playing good machines, but maybe those machines aren't available or they don't want to expend time and effort tracking them down--which is valid.
So their thoughts on how you are using your money would be wrong because they don't know your situation.
If someone had the opinion that you are pissing away money living in Portland, would their opinion be valid?
