[UA] Words from a Casino Floor--translation
Cassady Toles
con_job at excite.com
Tue Mar 23 14:03:45 PST 2004
Okay here goes: First: Important explanation to understand this e-mail: It is ILLEGAL for a California Casino to profit directly from the winning or losing of customers. This means the way the Casino makes a profit is very different than a Vegas-Style or an Indian Casino. Thus, Games like Blackjack, Doublehand, Pan Nine, Pai Gow, etc. are always banked by players. This also means that if a player doesn't or can't put up enough money to pay everyone who bets, some people won't get paid if the win (they also won't have to pay if they lose, but that's a lesser point). A player who can't afford to bank can go kum-kum with another--they both put in shares of money and split what comes out based on those shares. Because of this problem, Just about every casino in California has a "corporation" who banks there (like the one that hires me). Corporations bring in (mostly) unlimited bankrolls to the table for the explicit purpose of banking. We bank our spot (one out of seven or eight hands--depending on the game) we also bank other people's spots if they don't want to bank. We also go kum-kum with as many people as we can as often as possible. This is called "getting into the bank." My corporation also covers action "behind" the bank. If the bank doesn't cover all bets, we cover the ones after the first bank has covered what it can. Bank chasers realize this is a way to make money, so they try to beat us to the punch.I A) hope that explains everything and B) didn't bore everyone to tears. CassadyYou know, he's got really great hair, for a speed freak...-Excerpt from actual conversation--- On Tue 03/23, Susan Dohnim < bibadoo at hotmail.com > wrote:From: Susan Dohnim [mailto: bibadoo at hotmail.com]To: ua at lists.unknown-armies.comDate: Tue, 23 Mar 2004 15:57:28 -0500Subject: RE: [UA] Words from a Casino Floor
You know, we never DID get a translation of this damn email. >From: "Cassady Toles"
>
> I told you guys about my job a few months ago, but basically I work in a casino where my key job task is to separate losers from their money. I do this by aggressively getting into the bank on tables. Some other players try to do the same thing, though I have a few advantages (i.e. I don't have to wait for a seat, I have an unlimited bankroll, I play by a mathematically designed system that a computer has determined maximizes my house advantage and minimizes my player disadvantage, etc.). Basically, my goal isn't to gamble, it's to put myself in situations where winning is inevitable. We call the players who aggressively chase the bank "bank-chasers." Two nights ago I had a particularly rude and obnoxious bank-chaser on my table who was managing to get into as many banks as I was (sacrelidge). I was getting things under control. When he first showed up, he'd copped the majo rity of the spots, but I gotten a couple back. During my cigarette break, my manager asked about
> the table and the bank chaser. Actual conversation: James (my supervisor): How much trouble is Papa on Six.Cassady (Me): Temporary set-back at best. The bank's a little cold. It'll heat up in a half-hour. J: You need to get it under control. We've come so far in the last few months. You need to send a Sicilian Message.C: Half-hour to bleed him. Then I cut him off at the knees.J: You can get him?C: I'll eat his fucking children. Fifteen minutes later, the bank turns around (three good banks in a row with some more decent ones following). Then comes the kicker. There's a bank where my parter and I have enough money on the table to cover the first big bet and nothing else. I cover the rest alone. Awful hand, King high, in the bottom twenty possible hands--not twenty p ercent, twenty hands. Kills the first big bet, loses everything else. I'm laughing. Everyone looks at me like I'm crazy. I turn to my partner and say, "See, I told you--you go with corporation
> , you make money. Don't care nothing else." Everyone at the table laughs. I take back two of his three partners. Bank chaser gone.
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