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Casino M8trix banned me for winning (kicked out for banking blackjack) Casino M8trix banned me for winning (kicked out for banking blackjack)

09-22-2012 , 03:06 PM
I use to work for the corp. at GC and was set to move to the M8trix when they closed down GC and opened M8trix. I left that job b/c it f#cken sucked watching degens lose and having to watch the dealers/players and the concentration level was friggin annoying. I now have a job at Bay (not as the corp. but actually work for the casino).

Anyway, the only reason I can think of as to why you would be booted is b/c you were "Bank Chasing" and the corp. and casino managers are always on the look out for ppl doing this. The reason is everybody knows the "Bank' has the edge, if you min. bet and then take the bank everytime for 1k every round you dont give the other people at the table a chance to win back the money they lose when you have the bank. You're taking all the action and not giving any...does that sound fair?

Granted it is within the rules, but you kill the action at the table when the other players catch on which in turn causes the the casino to lose money on "the drop/collection" and the corp. to lose money because by law the corp. gets to bank 2 hands a round no matter what. So, no players, no money for the casino...make any sense?

Also, the corp. will let you bank continuously if there are no other player in the game and its heads up between you and the corp. (they have a chart to play basic strategy for every hand/situation, which cuts your edge a little bit).

It sucks that you and your friends got banned for a year especially since you play poker primarily.

The lesson to be learned here is: Choose your edges wisely, exploit them accordingly but dont be super blatant about it.
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-22-2012 , 05:23 PM
Quote:
Originally Posted by 100% HUSTLE
You're taking all the action and not giving any...does that sound fair?

Are you joking? This is exactly what the Corporation does all the time.



Quote:
Also, the corp. will let you bank continuously if there are no other player in the game and its heads up between you and the corp. (they have a chart to play basic strategy for every hand/situation, which cuts your edge a little bit).
The Corp will take the Player side only if you pay them a fee.
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-23-2012 , 02:16 AM
Quote:
Originally Posted by AngusThermopyle
The Corp will take the Player side only if you pay them a fee.
Thats how they cut down the edge as well..LDO
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-23-2012 , 02:28 AM
Quote:
Originally Posted by AngusThermopyle
Are you joking? This is exactly what the Corporation does all the time.
I know, but if you and I are at the table and you bank for 1k and I'm betting $100 a hand and then I take the bank for 1k as well and you only bet $5...how long do you think I'd stay at the table if you're banking? I wouldn't I'd just leave and you'd probably get booted the same for bank chasing.
we were told on day one of training to always watch for bank chasers because they kill the action on the table games and then nobody gets payed. The casino doesnt get their collection and the corp. doesnt get any action because the players leave. It's a lose/lose situation for both.

Casinos don't like people f*cking with their collection money because it's what pays the bills for them, the drop on the poker games cant compensate if no california games are running.
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-23-2012 , 03:23 AM
Quote:
Originally Posted by 100% HUSTLE
I know, but if you and I are at the table and you bank for 1k and I'm betting $100 a hand and then I take the bank for 1k as well and you only bet $5...how long do you think I'd stay at the table if you're banking? I wouldn't I'd just leave and you'd probably get booted the same for bank chasing.
Hello? Replace "me" with the Corporation and you have the normal set up.

You stay and play against them (who won't bet anything when you bank) but not against a live player?
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-23-2012 , 11:36 PM
Quote:
Originally Posted by Cliffs?
I'd go with the obvious answer, the the casino owners or managers have a piece of, or own the Corporation so that they can illegally bank the games and get away with it. Your group cut into too much of their action so you were booted.
This

I'm always amazed how bad most people are at staying under the radar at a casino.

Here is what you do.

#1 you and your friends should NOT be interacting with each other at all at the casino. As far as the casino knows, you don't know each other.
#2 you guys need to enter at separate times
#3 You need to befriend that floor and pit boss to include REGULARLY TIPPING THEM (this is known as "Greasing the Wheels")
#4 You need to occasionally vary your bets to not be "the minimum" when its your turn to play and the "Max" when you bank
#5 Order a drink and try to appear like a normal player but at the same time don't draw needless attention to yourself.
#6 PAY ATTENTION to the floor, corporation, and pit bosses
#7 Once you start to notice ANY HEAT GTFO and let the place cool for couple of days
#8 Figure out floor person and Pitboss schedules
#9 Characterize various floor and pit personal: hardness vs softness
#10 Vary the times you go to the casino vs #8 & #9
#11 Figure out how long you can play a shift before you bring on any heat
#12 Rotate between the various casinos, there are 4 in the Bay Area you can choose from

There you go
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09-23-2012 , 11:43 PM
Quote:
Originally Posted by DrawingDonkey
...Also, with a $3k bankroll you were destined to go broke. The variance for doing this is enormous because you have to overcome the collection for both your mandatory bets and your banked hands, plus the -EV bet (hopefully you know perfect basic strategy for the rules they have).

I've looked into this pretty thoroughly and feel that you have to have at least $300 in action at the table to make it profitable but for a reasonable hourly you need to be able to bank bigger action. I personally wouldn't do so without at least a $50k bankroll, and even then your RoR is probably high.
Long time ago I calculated that you'd need around a $50k bankroll to be the bank at the normal tables and $200k to bank the high rollers side

Also, you'd want to bank Wednesday - Saturday night since that's the most action
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-26-2012 , 02:19 AM
Let's say bank roll wasn't an issue

What kind of hourly could an individual achieve


All you guys talking about doing it with less than a 50k roll is just silly
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-26-2012 , 05:02 PM
Only true with a fixed roll and no ability to supplement.
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-26-2012 , 06:23 PM
Whats only true

I'm juSt Asking how much money there is to be made doing this if bankroll isn't an issue
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-26-2012 , 08:24 PM
Bankroll requirements.
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-26-2012 , 10:12 PM
Quote:
Originally Posted by AngusThermopyle
Hello? Replace "me" with the Corporation and you have the normal set up.

You stay and play against them (who won't bet anything when you bank) but not against a live player?
Paigow (cards & tiles) players tend to look forward to banking more than bj players do, and so if I was heads up against a bank chaser in those games, yes I would immediately leave and the casino and corp would immediately lose money.

At bj I tend to have a player mindset and enjoy playing strategically and actually prefer playing solely against the corp with multiple hands or with few other good players.

Op was barred off a bj table for bank chasing, which tends not to kill action at bj, since bj players tend to pass the bank, suggesting to me that m8trix's funds may indeed be mingled with teamview's.
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
09-26-2012 , 10:54 PM
Quote:
Originally Posted by THAKID
Let's say bank roll wasn't an issue

What kind of hourly could an individual achieve


All you guys talking about doing it with less than a 50k roll is just silly
Given all the constraints (you can only bank twice per orbit unless other players pass) and you have to play 2 hands per orbit in order to bank.

If you give yourself a house edge of 2% and assume 30 hands per hour are dealt and that you bank 20% of the hands and the table average bet size was $100 per "spot" (each spot has 8 bet circles with a max bet of $200 each. Players bet anywhere from $5 to $200 per circle...) and there are 8 spots per table, then you end up with an hourly of around $96/hr and that is being pretty damn conservative.

If the average bet per spot were $200 then your hourly is $192/hr

If you are at the high rollers room where they average $1k per spot then you're looking at $960/hr
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09-27-2012 , 03:55 PM
I mean more in terms of how hard is it to get +EV high stakes action
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12-05-2012 , 05:37 AM
not sure about the OP, but I've banked, for a long time at GC did not get barred.. Well, maybe who knows I was a -EV lol
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12-06-2012 , 12:09 AM
Quote:
Originally Posted by dgiharris
Given all the constraints (you can only bank twice per orbit unless other players pass) and you have to play 2 hands per orbit in order to bank.

If you give yourself a house edge of 2% and assume 30 hands per hour are dealt and that you bank 20% of the hands and the table average bet size was $100 per "spot" (each spot has 8 bet circles with a max bet of $200 each. Players bet anywhere from $5 to $200 per circle...) and there are 8 spots per table, then you end up with an hourly of around $96/hr and that is being pretty damn conservative.

If the average bet per spot were $200 then your hourly is $192/hr

If you are at the high rollers room where they average $1k per spot then you're looking at $960/hr
im not sure if the calculations are right, but the assumption that you will average $100 per spot is ridiculous. the majority of the people minbet($25) and usually theres maybe one or two guys betting $100 (assuming full table). even in the high rollers room(which has the same $25 minbet) you constantly see people minbet. in fact barely anyone plays bj in the high limit room unless its a private table with like min $10k buyin. even in silicon valley $100 is a lot of money

Last edited by realestate; 12-06-2012 at 12:16 AM.
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12-09-2012 , 05:26 AM
Quote:
Originally Posted by realestate
im not sure if the calculations are right, but the assumption that you will average $100 per spot is ridiculous. the majority of the people minbet($25) and usually theres maybe one or two guys betting $100 (assuming full table). even in the high rollers room(which has the same $25 minbet) you constantly see people minbet. in fact barely anyone plays bj in the high limit room unless its a private table with like min $10k buyin. even in silicon valley $100 is a lot of money
you bank bj?
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
12-09-2012 , 07:29 PM
Quote:
Originally Posted by Cliffs?
I'd go with the obvious answer, the the casino owners or managers have a piece of, or own the Corporation so that they can illegally bank the games and get away with it. Your group cut into too much of their action so you were booted.
This pretty much sums it up.
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
12-09-2012 , 07:32 PM
Is there a way to fight this is the question really
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
12-09-2012 , 09:04 PM
Quote:
Originally Posted by THAKID
Is there a way to fight this is the question really
nope
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
12-09-2012 , 09:55 PM
Quote:
Originally Posted by xdomagojx
This pretty much sums it up.
Too bad nobody can prove it.
Casino M8trix banned me for winning (kicked out for banking blackjack) Quote
12-10-2012 , 01:15 PM
If you have the spare cash, hiring somebody to track down the connection between the corporation and the house could get you somewhere...
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12-10-2012 , 02:04 PM
Quote:
Originally Posted by Neil S
If you have the spare cash, hiring somebody to track down the connection between the corporation and the house could get you somewhere...
If neither SJPD nor California found a connection, I doubt an investigator could find any hard evidence of a direct link. The GC owners aren't that dumb.
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12-10-2012 , 02:44 PM
Quote:
Originally Posted by AngusThermopyle
If neither SJPD nor California found a connection, I doubt an investigator could find any hard evidence of a direct link. The GC owners aren't that dumb.
Not that I contest the main thrust of your post, but didn't M8 have licensing problems because SJ told them to do something and they refused?
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12-10-2012 , 06:44 PM
Quote:
Originally Posted by callipygian
Not that I contest the main thrust of your post, but didn't M8 have licensing problems because SJ told them to do something and they refused?
They have had several disputes with the police dept.
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