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The Wizard of Odds: Las Vegas Casino Blacklist

#1

"gimmeaquad" wrote...

I think that there is a difference of "1 minute" and 60 days.

Only in duration, not in underlying concept. Presumably you think my
exaggerated 1 minute example represented an unrealistically short
deadline. But if you're an out-of-town visitor -- and face it, most
Strip casinos are targeted squarely at out-of-town visitors -- a 60
day deadline on a sports ticket might very well be similarly
unrealistic.

When there is a casino promotion that involves a drawing, there is
a time
limit.

Different scenario, I believe:

1) In a typical casino promotion drawing, players have no equity
invested; they haven't bought tickets for the drawing. Different from
booking a bet with cold hard cash.

2) In a drawing, other people are involved in the drawing; usually if
the drawn winner isn't available, another ticket is drawn. A bet is a
1:1 deal between the casino and the customer.

--Joe

[Non-text portions of this message have been removed]

#2

"gimmeaquad" wrote...

> I think that there is a difference of "1 minute" and 60 days.

Only in duration, not in underlying concept. Presumably you think

my

exaggerated 1 minute example represented an unrealistically short
deadline. But if you're an out-of-town visitor -- and face it,

most

Strip casinos are targeted squarely at out-of-town visitors -- a

60

day deadline on a sports ticket might very well be similarly
unrealistic.

> When there is a casino promotion that involves a drawing, there

is

> a time
> limit.

Different scenario, I believe:

1) In a typical casino promotion drawing, players have no equity
invested; they haven't bought tickets for the drawing. Different

from

booking a bet with cold hard cash.

2) In a drawing, other people are involved in the drawing; usually

if

the drawn winner isn't available, another ticket is drawn. A bet

is a

1:1 deal between the casino and the customer.

--Joe

[Non-text portions of this message have been removed]

Perhaps it part ignorance of the bettor that he/she didn't realize
how long the ticket is valid. Just because one casino has a time
limit and every other one doesn't make the Stratosphere the bad guy.
It's like going to a store to make a return. One has a 30 day
policy, another 60 days and another forever. 3 different comapnies,
3 different policies. That's like returning an item one place that
had the 30 day policy a year later. You can whine and moan all you
want, but if it is there in print, too baddo.

How can you say that players have no equity in a drawing? You earn
your tickets by playing. If you play a lot, then you have greater
equity than some one who doesn't.

I just guess $1000 means a lot more to me.

GimmeaQuad

···

--- In vpFREE@yahoogroups.com, Joe Schober <afljoeys@...> wrote:

#3

<<It's like going to a store to make a return. One has a 30 day
policy, another 60 days and another forever. 3 different comapnies,
3 different policies. That's like returning an item one place that
had the 30 day policy a year later. You can whine and moan all you
want, but if it is there in print, too baddo.>>

It's not really like that at all, is it? You're not returning an item.
You're collecting a debt.

"Policies" are not law. The State of Nevada makes it a crime for a casino to
fail to pay a winning wager. If boilerplate on a receipt can supersede that
statute it doesn't say much good about the State of Nevada.

Cogno

#4

If what Cogno said below is true, then why would Stratosphere
knowingly commit a crime? Certainly, a casino as large as it is
would know whether it's policies are within Nevada law or not.

···

On 2/4/08, Cogno Scienti <cognoscienti@gmail.com> wrote:

"Policies" are not law. The State of Nevada makes it a crime for a casino
to
fail to pay a winning wager. If boilerplate on a receipt can supersede
that
statute it doesn't say much good about the State of Nevada.

Cogno

[Non-text portions of this message have been removed]

#5

Ah, there's the rub, eh? LOL

Certainly, a major strip casino would never rig a drawing, would it?
Wouldn't that be bad for business? Isn't that actually illegal?

http://www.reviewjournal.com/lvrj_home/2004/Mar-19-Fri-2004/business/23470565.html

http://www.thebeargrowls.com/

···

--- In vpFREE@yahoogroups.com, "Luke Fuller" <kungalooosh@...> wrote:

If what Cogno said below is true, then why would Stratosphere
knowingly commit a crime? Certainly, a casino as large as it is
would know whether it's policies are within Nevada law or not.