Re: [vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

She may have lost more than $13 million, but I would assume someone who inherits $40 million would also have significant expenses outside of gambling.

 
The link you provided was an educational read. She probably lost a lot more than $13 million as article states:
"...O'Connor, 66, once had a personal fortune that her attorney estimated between $40 million and $50 million, inherited from her husband of 17 years, Robert O. Peterson, founder of the Jack in the Box Inc. fast-food chain. She is now virtually broke, living with a sister..."

>

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[vpFREE] Re: Squidward's CES 2013 Trip Report

 

Thanks so much for providing such awesome entertainment! I only wish the trip had been longer ;-)

--- In vpFREE@yahoogroups.com, Royal Flusher wrote:
>
> Last surprising installment!
>
> http://www.royalflushervegas.com/2013/02/squidwards-ces-2013-trip-report-part-6.html
>
> >
> > http://www.royalflushervegas.com/2013/02/squidwards-ces-2013-trip-report-index.html>
> >
> >
> > --
> > Las Vegas the Royal Flusher Way!
> > www.royalflushervegas.com
> >
>
>
>
> --
> Las Vegas the Royal Flusher Way!
> www.royalflushervegas.com
>
>
> [Non-text portions of this message have been removed]
>

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[vpFREE] Re: Squidward's CES 2013 Trip Report

 

Last surprising installment!

http://www.royalflushervegas.com/2013/02/squidwards-ces-2013-trip-report-part-6.html

>
> http://www.royalflushervegas.com/2013/02/squidwards-ces-2013-trip-report-index.html>
>
>
> --
> Las Vegas the Royal Flusher Way!
> www.royalflushervegas.com
>

--
Las Vegas the Royal Flusher Way!
www.royalflushervegas.com

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Re: [vpFREE] Re: Bob Dancer's LV Advisor Column - 12 FEB 2013

 


burn in hell cheaters. i would rather lose playing honestly than win by cheating. if there is a hell my heaven would be to tourtue all the
cheaters and thieves and con artists for all eternity.

-----Original Message-----
From: Dave haaljo@yahoo.com>
To: vpFREE vpFREE@yahoogroups.com>
Sent: Fri, Feb 15, 2013 10:22 am
Subject: [vpFREE] Re: Bob Dancer's LV Advisor Column - 12 FEB 2013

Caesars LV had a drawing. Tickets based on amount of gambling.
Had an awesome dinner where tickets were drawn. Big entrance by Cleopatra and her entourage.

Think it was invitational only. They had NSUD at $1 and above.

Cleopatra picked out the tickets. She would look in the barrel for the tickets that were orgami'd into an airplane. Kind of looked like the space shuttle. Too obvious. Wife was so pissed.

I told her to keep a low profile as she did well on the VP.
It was ~10 years ago. Didn't go to anymore drawings as that's about when they shut us off.

Seen other blantant cheating. It would be a good thread. When you calculate the E.V. of a drawing/tournament have to take that into account. Is that deduction or induction or reduction?

--- In vpFREE@yahoogroups.com, "Mickey" wrote:
>
> When I was on the Spin Poker Joker play in Ely, Nevada there was a cheating scandal in the drawings. There were two drawings per week. Ten winners a night and you could only win once. When your name was called you went up to the booth and picked up your envolope of money-then you were required to reach into the drum and pull a ticket for the next winner.
>
> There was another well known pro who used to write for video poker times on the play. He's the one that busted out the cheaters. I never noticed the pattern of name calling but he did. The cheat went something like this. I'll call the cheaters Larry, Curly and Moe. Whichever got his name called first the other two names would be called behind him.
>
> If Larry's name was called then the next name called would be Curly or Moe. If it was Curly then Moe would be called behind him.
>
> They were palming tickets and reaching down into the drum and coming up with the palmed ticket.
>
> Doug picked up on the pattern and told the casino manager who put an end to the cheater's careers at the Hotel Nevada.
>

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[vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

The link you provided was an educational read. She probably lost a lot more than $13 million as article states:
"...O'Connor, 66, once had a personal fortune that her attorney estimated between $40 million and $50 million, inherited from her husband of 17 years, Robert O. Peterson, founder of the Jack in the Box Inc. fast-food chain. She is now virtually broke, living with a sister..."

--- In vpFREE@yahoogroups.com, "Mickey" wrote:
>
>
>
I picked up on the same thing with the dishonest and/or ignorant reporting. A $13,000,000 loss on $1,000,000,000 in W2-G's is just .13%. For someone who probably had no video poker education she held them amazingly close. With a little more education she might have shown a profit.
>
> http;//abcnews.go.com/US/wireStory/san-diego-mayor-faces-money-laundering-charge-18502139
>

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Re: [vpFREE] Re: LVRJ: Trump Plaza in Atlantic City sold for $20 million

 

On 2/15/2013 3:19 PM, Tabbycat wrote:
>
>
>
> On Feb 15, 2013, at 11:41 AM, "straub4" straub@shore.net
> > wrote:
>
> > Donald's never had any luck in the casino business. Probably a good
> thing his LV Trump facility has no casino.
> >
> Luck?
>
> Donald's had about the same luck as everyone else.
>
> What he hasn't had is any skill in running, or even understanding, the
> gaming industry.
> Like restaurants and bars, casinos seem to attract owners who think
> anyone can run them successfully with no experience, despite a
> complete lack of evidence supporting this.
>
> You listening, Mr. Loveman?
>
What Trump did was undermine himself and his company with a fatal
combination of ignorance and arrogance. Not vacuuming hotel rooms to
save the cost of buying vacuum cleaners is unforgivable.

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Re: [vpFREE] Re: LVRJ: Trump Plaza in Atlantic City sold for $20 million

 



On Feb 15, 2013, at 11:41 AM, "straub4" straub@shore.net> wrote:

> Donald's never had any luck in the casino business. Probably a good thing his LV Trump facility has no casino.
>
Luck?

Donald's had about the same luck as everyone else.

What he hasn't had is any skill in running, or even understanding, the gaming industry.
Like restaurants and bars, casinos seem to attract owners who think anyone can run them successfully with no experience, despite a complete lack of evidence supporting this.

You listening, Mr. Loveman?

Sent from TC's iPad

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[vpFREE] Re: LVRJ: Trump Plaza in Atlantic City sold for $20 million

 



According to the article based on what it cost him to build it in 1984, looking at a reliable construction cost index for the east coast US, it would cost over $500,000,0000 to replace the Trump Plaza today. Yet it sold for $20,000,000.

That's about 4 cents on the dollar relative to today's replacement cost. Salvage value is typically 10 cents on the dollar.

Donald's never had any luck in the casino business. Probably a good thing his LV Trump facility has no casino.

ST

--- In vpFREE@yahoogroups.com, vpFREE Administrator wrote:
>
> LVRJ: Trump Plaza in Atlantic City sold for $20 million
>
> http://www.lvrj.com/business/trump-plaza-in-atlantic-city-sold-for-20-million-191272221.html
>
> or
>
> http://tinyurl.com/aq5ke88
>
>
> *************************************************
> This link is posted for informational purposes
> and doesn't constitute an endorsement or approval
> of the linked article's content by vpFREE. Any
> discussion of the article must be done in
> accordance with vpFREE's rules and policies.
> *************************************************
>

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[vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

The link you provided was an educational read. She probably lost a lot more than $13 million as article states:
"...O'Connor, 66, once had a personal fortune that her attorney estimated between $40 million and $50 million, inherited from her husband of 17 years, Robert O. Peterson, founder of the Jack in the Box Inc. fast-food chain. She is now virtually broke, living with a sister..."

--- In vpFREE@yahoogroups.com, "Mickey" wrote:
>
>
>
I picked up on the same thing with the dishonest and/or ignorant reporting. A $13,000,000 loss on $1,000,000,000 in W2-G's is just .13%. For someone who probably had no video poker education she held them amazingly close. With a little more education she might have shown a profit.
>
> http;//abcnews.go.com/US/wireStory/san-diego-mayor-faces-money-laundering-charge-18502139
>

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[vpFREE] Trip report - Downtown - Feb 2013

 

4 days @ 4Q
+ Overall - pretty average. Won a coupla hundred...no Royals
+ $5 W2 - Checked my status @ Fremont. Decided I needed more play than I wanted to give them to keep up my Sapphire status, but played some...was down several hundred & decided to play $5, DDB. Down to my last $10. held 2 5's, caught the other 2 for $1250.
+ El Cortez - went on ACG & LVA coupon run. Went from El Cortez up to Plaza. While @ PLaza found $100 ticket from El in my shirt pocket so had to walk back to El Cortez...was going to cash out, but decided to play it off on 25c DDB rite inside entry. Hit A/kicker for $500...sweet
+ 4Q straight flush lady - playing my favorite machine $1 DB by elevators. Up comes obviously "well off" couple. She wants to play so sat next to me while husband watched. PLaying $1 w/ no clue. After about 6 hands, she sez...but I'm losing. She had $9 from her original $10. Pretty soon I look over...she's got K,Q,J,9 of hearts w. T diamonds. She throws the T...yep she gets T of hearts. I'm surprized she just didn't go for & catch royal.
+Beggars - I remember my 1st trips to Vegas as a "youngster" & the downtown having bums laying on the sidewalks all over. It's obviously changed alot from those days...but...seems to me now I'm getting asked for change much more frequently & everyone seems to be holding a piece of cardboard claiming homeless or some reason to be asking for $$$. It may be the economy & I definately believe in 1st amendment & all, but seems to me 2 changes need to be made out there. 1. Get rid of the "porn slappers" on strip. 2. Do something downtown. It's reverting to "the old days"
+ Squid trip reports - Don't know how many off you are reading his trip reports courtesy of Royal Flusher, but U otta. 2 images I can't get otta my head...I'll be laughing for months everytime I picture him pouring that drink down his front in front of another obviously pissed off lady behind the cashier cage. And the second, he talked about the SP & the "drink servers" I was there last Halloween. My server was one of the most gorgeous females I've ever seen...dressed in red pumps, red mid-length red nylons, panty hose & a skirt that "barely" covered the essentials. A little too much silicone for my tastes, but I've never seen a "10" so this was her only dis-qualifier. I told her "I don't know waht your costume is....but I like it. I also told her I had been talking to my wife @ home/ had described her to the wife & she said I had to leave her serving area.
+Drink server...I call her a "drink server" cuz a few days ago I read that we are to take the gender description otta our language. So no more Manpower, man-handled, & several others...so I'm assuming we can no longer call them "cocktail waitresses"
+ Be back in Apr. Hopefully the weather won't be so chilly...Shit

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[vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 



--- In vpFREE@yahoogroups.com, "clementiyn" wrote:
>
> So the news broke yesterday that the former Mayor of San Diego has a gambling problem, embezzled charity funds to fuel it, and is now in treatment. A sad story to be sure.
>
> But the media are irresponsible jerks in this. The headlines are that she "lost over $1 billion" playing video poker. In the meat of the articles, they reference that she had W-2Gs totaling over $1 billion in a ten year span, but had lost more than that. Her attorney states that the net loss was over $13 million.
>
> Last weekend I had around $35k coin in at Atlantis. These same journalists would be reporting the results of my trip as "he lost $19,000 in one weekend playing video poker!!!". Yes, my non-paying hands would total that. But if you used that number to scare my friends about my gambling, it completely misstates my trip, in which I lost a net of $30.
>
> That said, the stats behind her gambling are interesting. Figure a minimum coin-in of $1.5 billion in ten years, $150 million per year. At 40 hours a week every week, that's $75k an hour. Even if she's playing fast, that's a minimum $75 per hand, and likely more given the time wasted on hand pays.
>
>
I picked up on the same thing with the dishonest and/or ignorant reporting. A $13,000,000 loss on $1,000,000,000 in W2-G's is just .13%. For someone who probably had no video poker education she held them amazingly close. With a little more education she might have shown a profit.

http;//abcnews.go.com/US/wireStory/san-diego-mayor-faces-money-laundering-charge-18502139

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[vpFREE] Irresponsible Journalists - Maureen O'Connor

 

So the news broke yesterday that the former Mayor of San Diego has a gambling problem, embezzled charity funds to fuel it, and is now in treatment. A sad story to be sure.

But the media are irresponsible jerks in this. The headlines are that she "lost over $1 billion" playing video poker. In the meat of the articles, they reference that she had W-2Gs totaling over $1 billion in a ten year span, but had lost more than that. Her attorney states that the net loss was over $13 million.

Last weekend I had around $35k coin in at Atlantis. These same journalists would be reporting the results of my trip as "he lost $19,000 in one weekend playing video poker!!!". Yes, my non-paying hands would total that. But if you used that number to scare my friends about my gambling, it completely misstates my trip, in which I lost a net of $30.

That said, the stats behind her gambling are interesting. Figure a minimum coin-in of $1.5 billion in ten years, $150 million per year. At 40 hours a week every week, that's $75k an hour. Even if she's playing fast, that's a minimum $75 per hand, and likely more given the time wasted on hand pays.

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[vpFREE] Re: Bob Dancer's LV Advisor Column - 12 FEB 2013

 

Caesars LV had a drawing. Tickets based on amount of gambling.
Had an awesome dinner where tickets were drawn. Big entrance by Cleopatra and her entourage.

Think it was invitational only. They had NSUD at $1 and above.

Cleopatra picked out the tickets. She would look in the barrel for the tickets that were orgami'd into an airplane. Kind of looked like the space shuttle. Too obvious. Wife was so pissed.

I told her to keep a low profile as she did well on the VP.
It was ~10 years ago. Didn't go to anymore drawings as that's about when they shut us off.

Seen other blantant cheating. It would be a good thread. When you calculate the E.V. of a drawing/tournament have to take that into account. Is that deduction or induction or reduction?

--- In vpFREE@yahoogroups.com, "Mickey" wrote:
>
> When I was on the Spin Poker Joker play in Ely, Nevada there was a cheating scandal in the drawings. There were two drawings per week. Ten winners a night and you could only win once. When your name was called you went up to the booth and picked up your envolope of money-then you were required to reach into the drum and pull a ticket for the next winner.
>
> There was another well known pro who used to write for video poker times on the play. He's the one that busted out the cheaters. I never noticed the pattern of name calling but he did. The cheat went something like this. I'll call the cheaters Larry, Curly and Moe. Whichever got his name called first the other two names would be called behind him.
>
> If Larry's name was called then the next name called would be Curly or Moe. If it was Curly then Moe would be called behind him.
>
> They were palming tickets and reaching down into the drum and coming up with the palmed ticket.
>
> Doug picked up on the pattern and told the casino manager who put an end to the cheater's careers at the Hotel Nevada.
>

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