Nosebleed Cash Games in Macau thread - Page 141 - Poker News

Here's a weird article that's tangentially related. It's about a high class mistress who runs poker games and got arrested for betting on the world cup.

http://www.smh.com.au/world/guo-meim...05-100fp2.html

Quote:

The high-stakes poker home game in Beijing began after Ms Guo befriended an unidentified foreign professional poker player on one of her many jaunts to Macau.

A professional dealer was hired, and millions of yuan changed hands at the felt, from which Ms Guo took a 3 to 5 per cent rake.

Quote

08-11-2014 , 02:44 AM

#3502

18000rpm

old hand

Join Date: Sep 2006 Posts: 1,392

Quote:

Originally Posted by fuluck

Do the guys providing insurance actually have the money when it doesn't go their way?

Yes. If you buy insurance and have a bad beat they usually give you the chips immediately which will be in play.

Quote

08-21-2014 , 01:41 PM

#3503

ArtySmokes

Carpal \'Tunnel

Join Date: Aug 2011 Posts: 6,999

Brian Rast has some interesting stuff to say about his experience of Macau (along with other subjects) in the latest episode of the Thinking Poker Podcast.

Quote

08-21-2014 , 04:31 PM

#3504

Eifersuchtig

grinder

Join Date: Jan 2013 Posts: 578

Quote:

Originally Posted by ArtySmokes

Brian Rast has some interesting stuff to say about his experience of Macau (along with other subjects) in the latest episode of the Thinking Poker Podcast.

Can I get a timestamp?

Quote

08-21-2014 , 05:38 PM

#3505

ArtySmokes

Carpal \'Tunnel

Join Date: Aug 2011 Posts: 6,999

Quote:

Originally Posted by Eifersuchtig

Can I get a timestamp?

The idea of skipping past Andrew and Nate's strategy talk offends me, but if you're in a hurry, the interview starts at 30 minutes in.

Quote

08-28-2014 , 11:47 AM

#3506

fragglestickcar

newbie

Join Date: Apr 2014 Posts: 17

Quote:

Originally Posted by ArtySmokes

Brian Rast has some interesting stuff to say about his experience of Macau (along with other subjects) in the latest episode of the Thinking Poker Podcast.

Great podcast! Thanks.

Quote

08-28-2014 , 02:53 PM

#3507

Last Laugh

grinder

Join Date: Apr 2014 Posts: 429

Quote:

Originally Posted by ArtySmokes

The idea of skipping past Andrew and Nate's strategy talk offends me, but if you're in a hurry, the interview starts at 30 minutes in.

+1
Nate and Andrew = best poker podcast for thinking players hands down.

Monday is a better day because of these guys.

Quote

09-07-2014 , 01:00 PM

#3508

DntCaltACmBk

enthusiast

Join Date: Dec 2008 Posts: 69

A question that may have already been answered somewhere in these 234 pages... How does one buy into the big game? Not how do you get invited, I mean what are the logistics of handing the poker room $2M in exchange for chips and plaques? Wire transfer? Bags of cash? As a recreational player at a casino, I go to the cashier's cage, hand a frumpy middle-aged woman a few hundred bucks and get a rack of chips in return. I imagine there is no cash there, so would the big game players flag over Mr. Winfred Yu or one of his associates to buy in or reload?

Quote

09-07-2014 , 02:56 PM

#3509

CandyDarling

centurion

Join Date: Sep 2014 Posts: 157

Quote:

Originally Posted by DntCaltACmBk

Go back to the last page or two. Tom Hall's last post discusses junkets whose job it is to exchange cash, iirc.

Quote

09-07-2014 , 05:06 PM

#3510

DntCaltACmBk

enthusiast

Join Date: Dec 2008 Posts: 69

Quote:

Originally Posted by CandyDarling

Go back to the last page or two. Tom Hall's last post discusses junkets whose job it is to exchange cash, iirc.

Thanks, figures it was right under my nose.

So, these players would have int'l bank accounts, transfer money to these junket operators and when they arrive in Macau they would rendezvous with the operators who would give them the money in cash? Or chips?

Quote

09-07-2014 , 05:30 PM

#3511

Dowie

journeyman

Join Date: Mar 2009 Posts: 275

Are the junkets not there mainly for the natives? I thought they were to get round some rules re: bringing cash from mainland China to Macau? Surely Tourists or ex-Pats could just transfer cash from a bank account?

Quote

09-07-2014 , 07:09 PM

#3512

DntCaltACmBk

enthusiast

Join Date: Dec 2008 Posts: 69

Quote:

Originally Posted by Dowie

Yup, very curious how it works.

Quote

09-07-2014 , 07:52 PM

#3513

dogarse

Pooh-Bah

Join Date: Aug 2012 Posts: 3,983

In the interview on the other page Brian Rast talks about how in the last he uses to just send money from LV Venetian to Macau Venetian as there used to be no exchange fees big now they're making it more dificult. Anyway, the impression I got was that the casinos held the money electronically (like a bank account) and you could withdraw/deposit in chips. Can anyone confirm if this is correct?

Quote

09-12-2014 , 01:34 AM

#3514

ArtySmokes

Carpal \'Tunnel

Join Date: Aug 2011 Posts: 6,999

A glimpse of how the Macau games might play can be seen in this crazy hand from the Aussie Millions Cashgame.

Cliffs: Pot is 85k, so Lo double checks he has a straight by counting 6-7-8-9-10 out loud, gives off about 350 live tells, and then ships 5.5 x pot. Phua confirms that ten to six is a straight... and calls off half a million with top set anyway.

Just your standard $1 million cooler... with added noodles.

Quote

09-12-2014 , 02:04 AM

#3515

notserp

Guest

Posts: n/a

lol nice

Quote

09-12-2014 , 02:23 AM

#3516

EYESCREW

Carpal \'Tunnel

Join Date: Mar 2008 Posts: 11,634

Playing poker with the Asian dude that eats with his mouth open would tilt me something fierce.

Quote

09-12-2014 , 02:35 AM

#3517

iPUTnutsONtheTABLE

grinder

Join Date: Aug 2010 Posts: 578

Obviously the stakes they are playing aren't a big deal to those 2 guys. Must be nice.

Quote

09-12-2014 , 02:43 AM

#3518

[ ]

centurion

Join Date: Aug 2014 Posts: 192

Quote:

Originally Posted by EYESCREW

Playing poker with the Asian dude that eats with his mouth open would tilt me something fierce.

I'm sure him spewing a few 100k to you during the session might make it easier to deal with.

Quote

09-12-2014 , 04:42 AM

#3519

shulenberger

banned

Join Date: Mar 2014 Posts: 780

forget Hellmuth. Carls Jr. or the equivalent should target the Asian market with Rono Lo... this guy eats w gusto

Quote

09-12-2014 , 07:44 AM

#3520

stressed

old hand

Join Date: Oct 2006 Posts: 1,409

The insurance talk was interesting too, Rono bought like 300k in that hand.
Maybe more (couldn't hear properly)

Wish they had a better commentating or more knowledgeable team in the booth, such a waste.

Quote

09-12-2014 , 08:05 AM

#3521

thethethe

Carpal \'Tunnel

Join Date: Dec 2007 Posts: 8,485

Haha that hand was great. I've not really watched any televised poker for years now but that got me tempted to get back into some.

Quote

09-12-2014 , 10:29 AM

#3522

shovingrivers.

newbie

Join Date: Sep 2014 Posts: 36

Quote:

Originally Posted by thethethe

Haha that hand was great.

This ^ guys are super entertaining just being their casual self's

Much more entertaining than someone who hardly says a word trying to rep some cool poker player image.

These guys are a blast