I watched Breaking Vegas last night and enjoyed it very much. However, at one time I heard one member betting 75k a hand. Isn't it too high for even 1 million bankroll? Were they overbetting?
I watched Breaking Vegas last night and enjoyed it very much. However, at one time I heard one member betting 75k a hand. Isn't it too high for even 1 million bankroll? Were they overbetting?
Hope he didn't have to split to 4 for a quarter of his bankroll.
High yes (and yes it's TV.) But not quite as outrageous as it sounds. Remember this is team play. The BP flat bets and is essentially always at his top bet.
> I watched Breaking Vegas last night and
> enjoyed it very much. However, at one time I
> heard one member betting 75k a hand. Isn't
> it too high for even 1 million bankroll?
> Were they overbetting?
I don't recall seing table max exceeding 75k these days. Were table max really that high during the 90's?
for people that bring a pile of money. Casinos can be quite accommodating to whales.
and a big player getting called into a table of ploppies betting $75,000 anytime he pleases is a whole different tune-- a typical whale ,play's all at a private table. I'd like see this act in the movies!
I don't know what part of the show is being talked about. But, Semyon introduced himself as a Russian arms dealer. If I remember correctly, he left his girlfriend at the table and came back when called in. In this scenario, he would have already been identified as a whale. There are many variations of 'team' play. In this particular variation, two players openly know each other. Not the same as the typical Uston BP that wanders from table to table.
> and a big player getting called into a table
> of ploppies betting $75,000 anytime he
> pleases is a whole different tune-- a
> typical whale ,play's all at a private
> table. I'd like see this act in the movies!
I don't remember the scene exactly, but I'd be almost positive that the betting of $75,000 wasn't on a single hand, but rather represented the total action on the table from multiple hands of, say, $10,000 or $15,000 each.
Don
Don,
I'm pretty sure I heard 75k a hand and at the same time it shows (in the betting circle) a high stack of blue chips. What's a blue chip worth? My low roller casino, it's $0.50, but here it could meant 5k?
To my understanding, 'Breaking Vegas' was meant to be a made for TV show. We saw interview with Mr. M, Semyon Dukach, Ben Mezrich, ... And the nature of the 'Card Counting' business was pretty real, like the case of Mr. M and his team of something like 40 students counters, after more than a year, they went through a series of loosings and eventually gave back most of their winnings, burned out and had to quit.
From what I read in the book, they were bankrolled at about a million five. If they bet their advantage at a +20 TC on a standard level one system, i suppose 30-40k is still reasonable at 1/43 of bank. But 1/100 bank would be more realistic (after all they obviously knew what they doing), so I would guess they "could" bet 15k without sweating it.
It's too easy to make up conditions for a perfect bet, but waiting for a 20 TC is like waiting for rain in the north pole. It's also quite unbelievable a competent team would allow a max bet of 75,000 bucks with only a million buck bankroll. Risk is VERY HIGH.
Well, maybe on TV
> It's too easy to make up conditions for a
> perfect bet, but waiting for a 20 TC is like
> waiting for rain in the north pole. It's
> also quite unbelievable a competent team
> would allow a max bet of 75,000 bucks with
> only a million buck bankroll. Risk is VERY
> HIGH.
See above. Someone will have to watch the program again. I don't think they ever said he bet $75,000 on a single hand. Teams such as those never bet full Kelly (maybe more like quarter-Kelly or less), and such a bet would imply a bank that they never came close to having.
I'm sure they would have been betting multiple spots of $10,000.
Don
Don
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