$46,000 per year from Fun Book Coupons??

Most matchplay are a HUGE +ev. I forget exactly what percentage, but assuming one made 20+ plays a day, I think the risk of having a losing day would be incredibly low. Basically the casino's side of the worst paying slot machines in the house. Maybe even moreso than that.

As to the houses...I have no clue what the time frame was, but houses in Vegas were very very inexpensive in the 80's through mid 90's. $50K cash at the time would have bought a decent house. $100K would have bought extravegance.
Circa 1976, there were many quasi-legal Las Vegas Nites being run in various Jewish Temples in Queens and Long Island. Several of my friends were big time gamblers( for 18 year olds) and I'd sometimes accompany them. As competition grew, the various places started doing mailings and you'd get a coupon for a $5 non- cashable chip. I realized that if I could get a confederate, we could play red- black and almost always convert two non-cashable chips to two cashable ones. Soon I was on about ten different mailing lists and my friend and I would hit each of them every week. Minimum wage was ,I believe, either $2.10 or $2.30 an hour, but we were making $50 for about five hours work over three days. Was fun while it lasted.
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Originally posted by: billryan
Circa 1976, there were many quasi-legal Las Vegas Nites being run in various Jewish Temples in Queens and Long Island. Several of my friends were big time gamblers( for 18 year olds) and I'd sometimes accompany them. As competition grew, the various places started doing mailings and you'd get a coupon for a $5 non- cashable chip. I realized that if I could get a confederate, we could play red- black and almost always convert two non-cashable chips to two cashable ones. Soon I was on about ten different mailing lists and my friend and I would hit each of them every week. Minimum wage was ,I believe, either $2.10 or $2.30 an hour, but we were making $50 for about five hours work over three days. Was fun while it lasted.


Memories! I'm LOL at an experience I had with my "first" charity night casino rip off.

I noticed the chips being used were exactly like the ones in my Dad's poker chip set. Drove home (20 minutes each way) and got 10 $1.00 chips and 5 $5.00 chips, and returned, eventually cashing them out.

A few days later, Dad had buddies over for a game, and found chips missing. (I was still living at home) I was asked and confirmed I'd taken them.

He was PO'd! Big time. Or pretended to be. I bought him a new set for Father's Day or birthday or something and he was happy again.

Yeah, I was a "bad boy". At 15-16, Ran a poker game ( 5 cent, 10 cent, 15 cent) in the back room of a pool hall on Saturday afternoons for my "friends" (all teenage kids, of course). Been involved with gaming ever since.

Oh well, guess I was born to take advantage of a gaming house when opportunity knocks. And/or run a tight ship when I had an ownership stake in the games.






My local parish used to run a monthly "Night at the Races" where they would show old films of a race and you would blindly bet on numbers 1-8 or thereabout. A friend discovered that they would put the film cannister for the next race next to the projetor and we would be able to see the serial number of the film. There were only about twenty or so films so by recording the race and the results, we were able to "fix" the races. Before long, we knew the results of the next race before the film was loaded. Trouble is we got too greedy and after we'd won about six quinnellas in a row, they caught on to us. They switched films at the last minute, and we blew our bankroll.

I remember and enjoyed roadtrip's reports in 2009 and he had a good thing using matchplays. Money go back and read his 2009 TR and they will give you a primer on matchplays.

If I remember correctly some LVA members were not happy when the 2010 MRB had very few matchplays. LVA's take on the situation was the casinos did not want to offer matchplays because they suspected abuse. Because of the complaints on the boards LVA sold the 2010 ACG at a discount because it had more matchplays.

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Originally posted by: rambler
I remember and enjoyed roadtrip's reports in 2009 and he had a good thing using matchplays. Money go back and read his 2009 TR and they will give you a primer on matchplays.

If I remember correctly some LVA members were not happy when the 2010 MRB had very few matchplays. LVA's take on the situation was the casinos did not want to offer matchplays because they suspected abuse. Because of the complaints on the boards LVA sold the 2010 ACG at a discount because it had more matchplays.


I did receive a little "flak" from one or two LVA'ers who decided I was "Ground Zero" for the lack of 2010 Match Play coupons.

I have no qualms about using them, and will use as many as possible. That's why they are printed. To be used.





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Originally posted by: MoneyLA
the author claimed that Larry won all that money "without a losing day."
The matchplay is a huge edge. I would guess that playing as few as 10 per day would come close to assuring no losing days, ever.

But, still, most people who claim "no losing days" alter their behavior to keep that streak alive.

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Originally posted by: RoadTrip I did receive a little "flak" from one or two LVA'ers
Not everyone appreciates your style, Dude.
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