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Sinkies conned by Baccarat Workshop run by DOOOUUuu SAN (賭神)

erection2015

Alfrescian (InfP) + C
hey bro.....how's the situation over there? You sound ok.

its different ...they dont tell you that the painting can move or the diamond can talk ...you buy because you like the object and not because you believe that the object can promise you things that never going to happen ...would you buy a piece of A4 size paper for thosands and the seller promise you the paper going to bring you wealth , luck ...ect ? thats fuckin cheating .
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
its different ...they dont tell you that the painting can move or the diamond can talk ...you buy because you like the object and not because you believe that the object can promise you things that never going to happen ...would you buy a piece of A4 size paper for thosands and the seller promise you the paper going to bring you wealth , luck ...ect ? thats fuckin cheating .


ok would you buy a painting from some famous painter?
 

Zatoichi

Alfrescian
Loyal
What do you think about painting that sells for millions? Especially abstract paintings from picasso for eg that look pretty ugly but fetch millions.
"Why do super-rich art collectors buy such vile rubbish?"
http://scottgronmark.blogspot.com/2012/01/why-do-super-rich-art-collectors-buy.html

"What the rich seem to want to acquire is what economists call positional goods; things that prove to the rest of the world that they really are rich. .......just like the alchemists sought to convince the credulous that they could turn lead into gold, so today’s wealthy collector demonstrates his possession of the ultimate positional quality. He is the magician who can change the ugly into the artistic merely by making a purchase that proclaims to the world, ‘My riches have made me a master of wizardry. I can transmute putrescence into high art.’ As Thompson succinctly puts it, ‘art history is now rewritten with a check’ —and the collector with his checkbook or electronic transfer puts a Hirst or an Ofili on the same level as a Rembrandt."
 
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Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
losing 12 consecutive rounds and winning the last round with doubling up at each round merely recoup losses? :o:o:o


Well zhihau, if you start with $1 and double down on your bet, lets say you lose N consecutive rounds and then win the next round. You will end up with $1 profit.

Show you an example: Let's say lose 5 consecutive rounds. Total loss is

1+2+4+8+16 = $31

Next bet is $32. You win the bet, so you win $32. Net gain is $1.

It's moronic of the highest possible order. You'd lose all your money because of the table limit, as one other bro here has already pointed out.
 

drifter

Alfrescian (InfP)
Generous Asset
Well zhihau, if you start with $1 and double down on your bet, lets say you lose N consecutive rounds and then win the next round. You will end up with $1 profit.

Show you an example: Let's say lose 5 consecutive rounds. Total loss is

1+2+4+8+16 = $31

Next bet is $32. You win the bet, so you win $32. Net gain is $1.

It's moronic of the highest possible order. You'd lose all your money because of the table limit, as one other bro here has already pointed out.

thats why every casino rules have table limit ....those who open casino is not stupid , they invested so much money into casino and hope ppl to lose ? i dont think so ...end of the day the casino still wins ...thats why they have so many rules to their favour in casino .
 

Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
Con men like these can survive so long because a lot of stoopid people out there are overcome by greed, they allowed their greed to blind themselves and mentally they start to degenerate until they will believe any and all bullshit like secret formula to win, voodoo, etc.

Its very sad. Such con men live off the stupidity and mental degeneracy of people who are already spiralling downwards. You may even say highly immoral.
 

Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
thats why every casino rules have table limit ....those who open casino is not stupid , they invested so much money into casino and hope ppl to lose ? i dont think so ...end of the day the casino still wins ...thats why they have so many rules to their favour in casino .


Yeah thats right. Casino makes up all the rules, even changes them from time to time when they find the formula not profitable enough. Its simple probability, I think nowadays even O Level students will learn. If you have enough customers playing, and you operate the casino for long enough, the losers will always outnumber the winners.

The only thing is that the casino must be prepared for is that now and then there will be a streak of bad luck, and there must be adequate capital buffer. But over time, law of large numbers always works.
 

drifter

Alfrescian (InfP)
Generous Asset
Yeah thats right. Casino makes up all the rules, even changes them from time to time when they find the formula not profitable enough. Its simple probability, I think nowadays even O Level students will learn. If you have enough customers playing, and you operate the casino for long enough, the losers will always outnumber the winners.

The only thing is that the casino must be prepared for is that now and then there will be a streak of bad luck, and there must be adequate capital buffer. But over time, law of large numbers always works.

yes ..even one customer walk away with a few millions ...the rest of the customers will help the casino pay it :wink: . even i dont make it to the Uni also know ..
 

Ramseth

Alfrescian (Inf)
Asset
Casino house rules have an actuarial house edge, that's true and openly acknowledged. It's to ensure casino returns a net profit (for providing the premises and services) while some gamers lose and some gamers win. The other edge that kills is time and alertness. Casino deploys croupiers on two-hour rotation. You stay on the game longer than two hours, you'd lose out on alertness and concentration. The most killing edge is the chips. If you don't cash out when you're up, casino has unlimited time and chips to win back. Casino is central bank issuing currency in casino. If you're down and want to win back, you have to come up with more cash for chips.
 
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Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
yes ..even one customer walk away with a few millions ...the rest of the customers will help the casino pay it :wink: . even i dont make it to the Uni also know ..


Reminds me of our local Toto and 4D. From my understanding, the odds are amongst the worst amongst similar games played elsewhere around the world.
 

Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
Casino house rules have an actuarial house edge, that's true and openly acknowledged. It's to ensure casino returns a net profit (for providing the premises and services) while some gamers lose and some gamers win. The other edge that kills is time and alertness. Casino deploys croupiers on two-hour rotation. You stay on the game longer than two hours, you'd lose out on alertness and concentration. The most killing edge is the chips. If you don't cash out when you're up, casino has unlimited time and chips to win back. Casino is central bank issuing currency in casino. If you're down and want to win back, you have to come up with more cash for chips.


Not only the casino has millions in reserve, they also have credit lines to major banks for overnight loans. No way a person can game the system. They even banned laptop and calculators (pls correct me if wrong) so you can't even begin to close the gap that they have.
 

Ramseth

Alfrescian (Inf)
Asset
Not only the casino has millions in reserve, they also have credit lines to major banks for overnight loans. No way a person can game the system. They even banned laptop and calculators (pls correct me if wrong) so you can't even begin to close the gap that they have.

Computers and calculators are surely disallowed on casino gaming tables. Paper and pencil maths are allowed, especially common on dice and baccarat tables.

Casino maintains hundreds of millions of dollars credit lines with banks. The premises and actuarial house edge on games are already sufficient creditworthy collateral.
 
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GoldenDragon

Alfrescian (Inf)
Asset
If there is a sure win model, you won't sell your model to the gamblers. You sell it to the casino boss! And he will pay you millions to 'counter' the sure win model. May even hire you, after paying you millions, as a consultant drawing PAP ministers' salary.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
<cite style="display: block; font-style: normal; font-size: 10px; margin-top: 4px; margin-right: 0px; margin-bottom: 4px; margin-left: 0px; ">Pic for illustration purposes only. (Pic / Internet / File Photo)</cite>
More than 40 people have lodged a police report to complain about being cheated in a 'Baccarat Workshop'.

According to Lianhe Wanbao, the group had each paid $14,888 to take part in a workshop that is supposed to teach them a sure-to-win way of making a fortune at the Baccarat table.

They now believe that they have been conned by their 'teacher', Mr Ye Hong Quan, 64, who also calls himself the 'God of Gambling'.



If he was the "God of Gambling", he wouldn't be wasting his time giving lessons. He'd be at a Casino.
 

streetsmart73

Alfrescian (InfP)
Generous Asset
The "betting double" strategy is one of the dumbest casino "secrets" ever. The table limit is used to curb that.

The students must feel like retards after paying 15k for his lessons!



hi there


1. tsk tsk tsk!
2. students, my foot.
3. plain idiots or daft sheep, local or foreign alike.
4. greed is the word.
5. stupidity too, oops!
 
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