Perceptions of Fire Bet Frequency

Discussion in 'Prop Bets & Side Bets' started by kaysirtap, Nov 19, 2011.

  1. Onautopilot, May 17, 2015

    Onautopilot

    Onautopilot Member

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    Absolutely, I get burned on those every year. This year was especially bad for that, I had way too many W2G's. I try not to think about it till April, then I wonder why I gamble at all...take a casino hit, then an IRS hit. Oh well, what's that saying, "If you have any money left when you leave this place, you have probably mismanaged your money!" :)
     
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  2. betwthelines, May 17, 2015

    betwthelines

    betwthelines Member

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    geez, i wish i was getting "burned" like that every year!...tom "home runs are often boring" p
    -g. geist: dream on, Mr Fixed Income
    --tom p: hey, buddy, none a yer damn beeswax...stay outta that...
     
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  3. Onautopilot, May 17, 2015

    Onautopilot

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    I wouldn't mind paying extra taxes if I actually won more than I lost. It just irks me a little to have to pay extra taxes because of the way they handle gambling winnings and losses. But they certainly know what they are doing by structuring it that way. By the way, when I said every year, that is an exaggeration, really just a few recently. Years ago, it was not a problem.
     
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  4. betwthelines, May 17, 2015

    betwthelines

    betwthelines Member

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    it is an egregious shake down...legalized fraud outright...same as their withholding, one-way interest and penalties scams...yes, they certainly know what they are doing...tom "home runs are often boring" p
     
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  5. Morgue, May 17, 2015

    Morgue

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    Why don't you all just migrate here? Problem solved!

    -Tax free gambling
    - much better odds on hardways, horns, C&E and individual craps numbers and eleven.
    - no tipping.
    - smoke free casino.
    - empty tables weekdays

    There's probably more that I can't think of off the top of my head.

    Seriously, it's much better here! See you at the tables!! :p
     
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  6. betwthelines, May 18, 2015

    betwthelines

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    lol...that overall taxes are lower in the social welfare state of 'ustralier than in the US varies from state to state but are generally higher down under...for 98+% of gamblers in the US, gambling taxes are a material non-issue (for reasons stated in some of the posts here, viz. you can deduct losses...the actual reporting percentage would be higher)

    ...as for the rest of it, no tipping would be a godsend, eliminating tons of stress...(presumably dealers in oz are basic-paid better)...personally it constitutes the bulk of my vig...

    ...as a cigar addict, smoke free- not so much, altho i have no, valid criticism of the impulse...

    ...empty tables, which you apparently think of as a benefit (as do i) is not the big issue that you may have been led to believe, perhaps from this bored...again speaking personally my local joint, its action admittedly much depressed from previous years, is empty (hyperbolically speaking) a good deal of the time (never mind too that the place is, imo, mismanaged, among other things, to the extent they bring in no new players...virtually all at the rail are the usual suspects)...a fair percentage of time i am the only one there, tho this does have a lot to do with my own inclination of frequently losing-er...playing i mean- in the wee hours...but even in vegas, with its plethora of tables, fierce competition and the possibly waning popularity of craps, sparsely occupied tables are present a good deal of the time...tom "home runs are often boring" p
     
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  7. Morgue, May 18, 2015

    Morgue

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    I got talking to a couple dealers operating "the big wheel" and one told me he was on $34p/h, he had been working there 10 years...the other one was on $23p/h but seemed to be somewhat of a junior employee and hadn't undergone as much training.

    (I'm sure @rudeboy99 would appreciate this info)
     
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  8. betwthelines, May 18, 2015

    betwthelines

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    i just looked up today's exchange rate...34 AU$ works out to about 27.20 US$ (23 Aussie dollars to about 18.40 US$)...dealers' gross pay in the US is probably all over the map...at my local joint i have reason to believe that most dealers make, including tips, something less--and for some maybe quite a bit less--than that...some dealers, notably on the strip in vegas, but elsewhere as well undoubtedly make much more than that including tips...tom "home runs are often boring" p
     
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  9. Onautopilot, May 18, 2015

    Onautopilot

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    I have a couple relatives working at an Indian casino in California. They do quite well, and appreciate their jobs. One is a shift boss, the other a dealer. Even though it is pooled tips for the tables, they are not complaining. :)
     
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  10. DeMango, May 27, 2015

    DeMango

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    Wynn dealers were tops last I heard, over $100K.
     
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