- Joined
- Dec 6, 2008
- Messages
- 1,885
- Points
- 83
Sharing some stories I was told or heard over the years..
Before the IRs open, while in Genting I chatted with a uncle there at the baccarat table. I noticed him because he doesn't bet every game, once he feels confident then he will lay his bet. He seems to be winning, although his bets were relatively small at around rm25-50. This is what he told me..
"I've been doing this for 10+ years. I'm single, no commitment so ok. Everyday I will ride my motorbike up the mountain and I only play for awhile. My target to win is rm100-200 daily. When lucky, try to win 200, or else even 50-100 enough for me. Cover my petrol cost and 3 meals. Some days I lose too when luck not with me, if I lose 100-150 I quickly walk out and go back. Just means no luck today and no point fighting, sure to lose even more. Don't stay too long inside then casino, play few games will have result. The longer you play, will get tired and lose focus. Don't be greedy, win..go, lose..also go, come back another day"
I thanked him for his advice, he left with his winnings for the day and I continued my play.
Another time while on a ferry to LW cruise, chatted with a guy seating next to me. This is how he plays..
"I go once every week, play only few games and take next ferry back. I'll bring 4K capital each time and play double up method on baccarat.Once I reach the cruise, don't even bother to change chips for rebate or eat their free food. Straight go in casino to scout for nice shoe. When feel confident to bet, first bet $500. If win, double up to 1K next bet after monitoring. If win, 2K for final bet. 3 wins of 3.5K and I'll faster go take next ferry back and not play on. Some days if not doing well, lose 2K I go back. Each bet I play $500, if can't win and lose few bets will be 2K."
I replied to him that this is a rather good strategy, no need to waste time. We reached the cruise, I bid him good luck and off he went to casino straight after checking in his passport.
I was gaming in one of our local IR high limit area, chatted with a player seated next to me. This is a story of his friend..
"I got a friend who won a six figure sum within the first few months this IR opened. He started with playing small bets, only few hundred each bet and after 6 months he won 100K. Feeling confident and wanting better perks, he checked in the winnings of 100K and started playing bigger bets and longer time for better rebates and getting more points. Eventually his winnings were all gone in 2 months. Feeling lost and wanting to win back his winnings, he went home to raise more funds and came back with 100+K of his own money to fight back. That was also gone in 2 days as he was betting really big to try and win back faster. He lost all his winnings and also all his savings, so resort to borrowing from friends and relatives for funds to continue fighting the casino. He wound up with a huge debt, filed for self exclusion and declared bankrupt."
I replied with thanks to his story, feeling sad for his friend. Another reminder of the pitfalls while in the casino, we tend to lose rational and make reckless decisions to regret later.
Another time I met a lady holding a platinum member card playing beside me and we chatted. I told her I admire her platinum VIP member status, this is what she told me..
" I got to this status within 3months the casino opened its doors. I was playing by the thousands each bet, so got to platinum level rather quickly. But this is just a useless piece of plastic, cost me 300K in losses to get it. Don't go chasing after VIP status, no point. The higher your card status, just means the more you have lost. Now I lost most of my money, can only play small bets one or two hundred. I want to try and recover my losses, but very hard. No more capital and playing small bets like this, how to win back 300K?"
I thanked her for the advice. Saw her a few more times during my future trips there and eventually not anymore. Now I no longer admire those who holds high status VIP cards or make huge bets at the gaming tables. Whenever I see one, I just wonder how much he/she must have lost so far.
I shall share more stories if there's any interest , thanks for reading!
Before the IRs open, while in Genting I chatted with a uncle there at the baccarat table. I noticed him because he doesn't bet every game, once he feels confident then he will lay his bet. He seems to be winning, although his bets were relatively small at around rm25-50. This is what he told me..
"I've been doing this for 10+ years. I'm single, no commitment so ok. Everyday I will ride my motorbike up the mountain and I only play for awhile. My target to win is rm100-200 daily. When lucky, try to win 200, or else even 50-100 enough for me. Cover my petrol cost and 3 meals. Some days I lose too when luck not with me, if I lose 100-150 I quickly walk out and go back. Just means no luck today and no point fighting, sure to lose even more. Don't stay too long inside then casino, play few games will have result. The longer you play, will get tired and lose focus. Don't be greedy, win..go, lose..also go, come back another day"
I thanked him for his advice, he left with his winnings for the day and I continued my play.
Another time while on a ferry to LW cruise, chatted with a guy seating next to me. This is how he plays..
"I go once every week, play only few games and take next ferry back. I'll bring 4K capital each time and play double up method on baccarat.Once I reach the cruise, don't even bother to change chips for rebate or eat their free food. Straight go in casino to scout for nice shoe. When feel confident to bet, first bet $500. If win, double up to 1K next bet after monitoring. If win, 2K for final bet. 3 wins of 3.5K and I'll faster go take next ferry back and not play on. Some days if not doing well, lose 2K I go back. Each bet I play $500, if can't win and lose few bets will be 2K."
I replied to him that this is a rather good strategy, no need to waste time. We reached the cruise, I bid him good luck and off he went to casino straight after checking in his passport.
I was gaming in one of our local IR high limit area, chatted with a player seated next to me. This is a story of his friend..
"I got a friend who won a six figure sum within the first few months this IR opened. He started with playing small bets, only few hundred each bet and after 6 months he won 100K. Feeling confident and wanting better perks, he checked in the winnings of 100K and started playing bigger bets and longer time for better rebates and getting more points. Eventually his winnings were all gone in 2 months. Feeling lost and wanting to win back his winnings, he went home to raise more funds and came back with 100+K of his own money to fight back. That was also gone in 2 days as he was betting really big to try and win back faster. He lost all his winnings and also all his savings, so resort to borrowing from friends and relatives for funds to continue fighting the casino. He wound up with a huge debt, filed for self exclusion and declared bankrupt."
I replied with thanks to his story, feeling sad for his friend. Another reminder of the pitfalls while in the casino, we tend to lose rational and make reckless decisions to regret later.
Another time I met a lady holding a platinum member card playing beside me and we chatted. I told her I admire her platinum VIP member status, this is what she told me..
" I got to this status within 3months the casino opened its doors. I was playing by the thousands each bet, so got to platinum level rather quickly. But this is just a useless piece of plastic, cost me 300K in losses to get it. Don't go chasing after VIP status, no point. The higher your card status, just means the more you have lost. Now I lost most of my money, can only play small bets one or two hundred. I want to try and recover my losses, but very hard. No more capital and playing small bets like this, how to win back 300K?"
I thanked her for the advice. Saw her a few more times during my future trips there and eventually not anymore. Now I no longer admire those who holds high status VIP cards or make huge bets at the gaming tables. Whenever I see one, I just wonder how much he/she must have lost so far.
I shall share more stories if there's any interest , thanks for reading!