'Problem size?' Jeju casino enlargement 'hot issue'submitted by roserosepasta to u/roserosepasta [link] [comments]
Large-scale and complex resorts have become a hot issue in the Jeju casino industry centered on small businesses.
According to Jeju Island on the 12th, there are 8 casinos for foreigners in Tokyo, half of which is 16 in Jeju.
Jeju foreign casino sales climbed to W11.7bn in 2011, W143.8bn in 2012, W216.9bn in 2013, and W2248bn in 2014, and declined to W29.5bn in 2015, W1760bn in 2016, and W177.7bn in 2017.
The MERS outbreak in 2015 and Sadd's deployment in 2017 were the main reasons behind the decline in sales.
Then, the casino industry in Tokyo, which suffered a deficit in 2018, was shaken.
Landing Casino, a Chinese-based capital, Ramjeong Jeju Development Co., Ltd., relocated the casino at the Hyatt Hotel in Jungmun, Seogwipo, to the complex resort Shinhwa World, expanding the area seven times from 803㎡ to 5581㎡.
Since the opening of the Landing Casino, casino sales in Tokyo jumped to W511.2bn last year. The industry estimates that Landing Casino recorded sales of KRW 370 billion in the first half of last year alone.
The annual number of casino visitors in Tokyo, which was 200,000, rose to 370,000 last year.
Jeju Tourism Promotion Fund, which collects some casino sales, also rose to W47.9bn, well above last year's W13.4bn.
◇ "Composite resort is big"… Downtown Casino Concerns
The casino enlargement issue is expected to heat up ahead of the opening of the Dream Tower Complex Resort, a high-rise building (5 stories below ground and 38 stories above ground) that Lotte Tourism Development is building in Nohyeong-dong, Jeju.
Casino experts say that not only casinos, but also complex resorts for accommodation, food, drinks, conventions, and shopping can be found worldwide.
Kim Sang-hyuk, professor of tourism management at Gachon University, presented the successful cases of Macau and Singapore at the 2019 Jeju International Casino Policy Forum at the Ramada Hotel in Jeju City. Is shifting from negative perceptions such as gambling to tourism and leisure, including travel and luxury hotels. ”
Lotte Tourism Development acquired Paradise Jeju, which was operated by Lotte Hotel in July last year, for 15 billion won.
Lotte Tourism Development plans to move the casino here once the Dream Tower is completed. In addition to relocating the site, the area will be increased by four times (1200㎡ → 4800㎡).
Dream Tower, which is scheduled to be completed next month and to be completed by March 2020, is expected to begin administrative procedures for casino relocation early next year.
Unlike Shinhwa World Casino, which was the outskirts, Dream Tower Casino is located in Nohyeong-dong, the downtown of Jeju. There are many residential areas as well as primary and secondary schools. This is why mixed eyes are coming out.
At the time of the landing casino, it was virtually a new license, and it was the first large casino in the province.
Recently, opinions were divided within the council, with the proposal of a partial revision of the Ordinance on Jeju Island Casino Business Management and Supervision, which blocks casinos from becoming larger.
However, the agenda is in the process of disposal.
◇ The success of the mixed resort Singapore
The casino policy of Singapore, one of the success cases of the casino complex resort, has many implications for Jeju, which is facing the era of large-scale expansion.
According to a report by the Metropolitan Council for Culture, Sports, and Sports in August, the Singapore government decided to invest 7.6 trillion won in the expansion of two complex resorts this year.
Singapore's additional investment has nothing to do with accelerating competition, such as promoting complex resorts in other Asian countries such as Japan.
It is pointed out that if Jeju is to enlarge casinos, it must clearly set its own competitiveness and policy direction.
Singapore recognizes the business feasibility of the complex resort, and promotes the supervision system, prevention of side effects, and welfare of residents.
For example, casino entry fees and taxes are increased, as well as the proceeds from the admission fees, which are used for public interest activities including the prevention and healing of gambling.
Unlike Jeju, which allowed taxi casino full-page ads, Singapore also bans external advertising.
In terms of tax revenue, Singapore's tax rate is 22% in Singapore and 9.54% in Korea.
Singapore collects only W15.5bn in annual casino permit fees, but not Jeju. 10% tourism promotion fund and corporate tax.
In addition to the Casino Regulatory Authority, which also acts as Singapore's casino supervisor, it has set up a separate administrative agency in charge of welfare and medical services to increase casino tax revenues and reform the healthcare system.
The necessity of strengthening the management system such as the casino supervisory board was also raised.
Jeju Casino's Casino Policy Division has a total of 16 people and the Casino Supervisory Board has a total of 9 people. The Supervisory Commission points out that the level of advisory authority of the Governor is related to casino policy, and thus, the need for status and empowerment is required.
The Singapore Casino Regulatory Commission consists of 170 employees and 15 board members. In addition to monitoring and researching casino operations, he also has the authority to audit audits, criminal investigations and various records related to casinos.
https://preview.redd.it/5q0fkbf9a9a11.jpg?width=1920&format=pjpg&auto=webp&s=2ce3051aa32ed54b6f3862c917fc28eb9fce04c8submitted by W12io to u/W12io [link] [comments]
Wan Kuok-koi, a former Macau triad also known as “Broken Tooth”, has teamed up with a Chinese firm to fund chess and poker tournaments in the Asian country. According to reports, Wan’s ICO for “HB” tokens was able to accrue $750 million in less than five minutes.
Former gangster Wan Kuok-koi witnessed the launch of his ICO at a posh event in Cambodia and continued to find success selling his HB tokens in Thailand and the Philippines.
Overall, Wan has reportedly sold 450 million out of a planned 500 million tokens offered to the public. The ICO tour is set to conclude later this month in Malaysia.
But the ex-Macau triad has seen his offering make headlines after media said he was able to raise $750 million in less than five minutes.
Wan’s investment firm has partnered with Zhonggongxin Cosmos (Beijing) Internet Technology Limited (Zhonggongxin Cosmos) to put on a chess and poker contest during October in Hainan.
Zhonggongxin Cosmos staff member Guo Jia said rewards would be the equivalent of more than 10 million yuan (roughly $1,495,000 USD) and could be a mixture of HB tokens and cash.
SHAKY AND SKETCHY DETAILSHowever, many are expressing skepticism about the whole operation. Zhonggongxin Cosmos’ parent company hints at being state-owned, but staffers have given contradictory answers so far when asked to disclose more details by media.
According to their website, the company says they own some game halls and have government approval to host two types of poker games. But some believe the action of using digital currencies as payment for chess and poker games could run afoul of Chinese gambling laws.
Authorities in the country recently shut down an online gambling ring that saw bets being made with cryptocurrencies.
Others are concerned about the actual HB token. Shubei founder Li Yongfeng said the digital currency’s lack of a source code makes it impossible for people to keep tabs and verify HB.
It is currently traded on the Allin exchange (a.top) whose company is reportedly listed on Google as an electronics store.
A RETURN TO CRIME?
Wan’s background in the criminal underworld also has people questioning his plans. The former Triad boss was released in December 2012 after serving a 14-year sentence in the maximum security Coloane prison.
Some of the charges against him included conspiracy to import military-grade weapons and bullets to help carry out criminal battles.
Spectators commented on Wan’s apparent continued influence despite being behind bars for more than a decade, pointing out how the gangster had a 100-table feast prepared at an exclusive hotel in celebration of his release. Wan left the prison inside of a Lexus accompanied by two guards.
At the time, Wan said he had no intention of “affecting the stability of Macau” by going back to his old ways.
But some officials believed he had his eye on re-entering the casino scene and planned to be extra vigilant when it came to licenses. Wan is currently blacklisted from entering Hong Kong.
Wan’s past history also raised a lot of questions when he announced plans in early June to use blockchain to create a “Chinese cultural town in China.” He is the current chairman of the World Hongmen History and Culture Association, which helps build schools so ethnic Chinese across the globe can learn about their culture.
One law enforcement source said the news was “astonishing” based on Wan’s criminal history and Macau’s seemingly harder stance towards cryptocurrency.
|What's the craziest bet someone have made?||Hmmm. The craziest would probably be a double down bet on a hard 20. They were playing at a fairly high stakes table and they were at max bet; around 3 grand. They, sadly did not get an Ace.|
|Why would they double down on a hard 20?||I don't know why they did it. That story of crazy betting was another coworker's experience and not my own but I have seen my own players double on a twenty just not with a few grand on the line. Some do it out of frustration, some just think they can get lucky while others don't know better. I've seen some pretty crazy plays before.|
|Do you have to announce that to the floor?||Yes dealers ares supposed to announce when someone is doubling down on any hard hand.|
|Did they do a walk of shame out of the casino or did they keep playing? :P.||They keep on trekking. It's crazy to watch.|
|What do you say in those instances? Do you try to give people advice if they don't know what they're doing?||If it's obvious that someone has no clue what they are doing, I will try to steer them in the right direction. Our supervisors are the only ones who can give advice, so usually I tell them to help a customer out.|
|Why wouldn't they split? They can double on the split, depending on the house. ಠ_ಠ||People will sometime split their tens, and we allow for them to do so. Like I said, people do some interesting stuff if they have a "feeling" about a hand or if they are just grasping at straws.|
|Do you like your job. 2. How much do you make? 3. How do you become a dealer? I need an occupation change.||I do like my job. Some days it is monotonous and mind numbing. Some nights it just plain pitifull watching money fly out of their pockets but it' fun. I make a varying amount each month due to tips but they are pooled so it is roughly 1200 every two weeks. Seeing as how I only work for 4 days a week and I get a 30 minute break every hour and a half, I can't complain. :) As far as how to become a dealer, it depends on the facility. I got lucky and my place trained me for free! Very lucky. I recommend the job for. People who don't mind night shifts. I work 10pm-6am and I love it. Sorry the reply took so long. I'm actually at work right now :)|
|What is your win - lose ratio? Do you gamble sometimes, outside of your job? What's the pay like - enough to survive?||I don't know any specific numbers but I tried to recount a scenario tonight and I won about every 3 out of 4 hands. Sometimes it's better than that sometimes it's worse. Lots of basic strategy pushers will say that, by playing basic strategy, one can expect to win about 53% of the time. That may be the case, but that is following basic strategy wholeheartedly and probably over a long period of time. i.e. 5-7 hours of playing. I'm not an expert on actually playing and winning the game myself because I don't gamble. Most people expect a dealer to join in after hours, and a lot of my coworkers do gamble outside of our casino but it's just not my thing. The pay is most assuredly enough to survive, considering the cost of living in my area. I really think I have a good gig going.|
|Have you ever seen somebody completely lose it because of the money he lost?||Oh my goodness, yes. People can go bonkers sometimes. They have become irate towards me and also other players. Most of the time, players will just throw little fits and have weird, mumbling pity parties at the table as if they didn't know what the very essence of gambling entails. I was not there when this happened, but one player flipped a whole table over. He was obviously arrested for that one.|
|How come the dealer wins so often? Edit: Grammar||We win so often because we are the last to draw out of the whole table. Every player either hits or stays before my turn, therefore I have no one left to interfere with my hand when it's all said and done. I think the house edge is something like 5%. But if you play basic strategy, the edge can be knocked down quite a bit.|
|What's a good strategy for a player?||Good strategy, that I would play by, is basic strategy. It's fairly simple to understand and you can print out a chart online to keep handy. We let our players use them at the tables if they like. In fact, I think some of our stores sell the basic strategy cards.|
|I never knew you were allowed to used charts.||I don't know if all casinos let you use charts, but mine does. Basic strategy is common knowledge, so it's not a big deal to want to use it.|
|Thanks for the help. Now to convince the GF to go to Vegas.||No problem. Vegas is awesome.|
|Do you only deal blackjack? why not the other games? and if you do deal other games, which is your favorite? Craps is my favorite...||I do deal other games, and I'm so happy that I do. Blackjack can get very boring after awhile. I deal Three Card Poker, Ultimate Texas Holdem, Baccarat and this new game called Pick One 21. We don't have Craps or Roulette yet as they are dice and wheel games and our gaming commission is working on their approval.|
|What's the premise of Pick One 21? Never heard of it before.||Pick One 21 is like a mush of Baccarat and Blackjack. There are two hands; red and blue and players wager which one they think will get closest to 21. It's pretty simple and it's caught on a bit more where I work.|
|Truthfully, have you ever taken advantage of a clearly intoxicated player or know of dealers who do?||Truthfully, no I haven't taken advantage of a drunken player. There are so many cameras on a single table, the punishment isn't worth committing the crime. Also, I would feel bad. I make mistakes sometimes and I am always so thankful to the players who point out that I've done something like overpay them. I'd like to think that if I take care of them, they will do the same in return. Doesn't always happen but, it's something I try to uphold. There are a few people that have screwed some people over before. It's just not something I'd be willing to risk my job over. Besides, the drunk ones are entertaining. I want them to come back. :)|
|A player has pointed out you've overpaid them? I have gambled for a long time and I would never ever ever do this.||Karma.|
|Ever had one of those crazy high tips?||Yes! It was awesome. I only spend a small amount of time at each table and sometimes I will keep track of my tip balance for that portion of time. I've definitely made a good portion of my paycheck in 30 minutes. Like I said though, we pool our tips so I share that with the rest of the dealers. Pooling is nice, because I've have also made only 50 cents in a whole night...|
|Is Blackjack even worth playing when the payout is 6 to 5 for Blackjack?||A blackjack payout can be 6 to 5 at some casinos but ours is 3 to 2 or time and a half. The bigger you bet, the better that ratio looks. I'm not too familiar with the 6-5 payout, but to exemplify...A $10 black jack would get paid $12 with 6-5, but with a 3-2 rule a $10 blackjack gets paid $15.|
|How difficult is it to cheat? I mean cheating in every possible way.||If you're familiar with the game and handling cheques, cheating seems easy. People cap and pinch their bets a lot, and it's something I look for a lot though, I've never caught someone in the act. Card counting isn't really cheating but mostly frowned upon and will get you asked to leave a casino. We have machines that shuffle the cards for us, using multiple decks so it cuts down on that a lot. When and if someone is caught cheating, they are usually asked to leave for the day. If it isn't apparent, casinos love money so we aren't going to turn away a paying customer for more than a day, no matter how shady their plays may be. As far as a cheating player and the dealer is concerned, it is a big part of our job and it is something our pits hold us accountable for. We probably wouldn't get fired for not seeing someone cap their bet, but they will talk to us about it.|
|Continuous shoe, or just a shuffling machine?||We have both manual shoes and and continuos.|
|I think you might be thinking of "21" because "Holy Rollers" is about overseas ecstasy smuggling.||Here is a link to the movie Holy Rollers...the documentary one. Link to www.holyrollersthemovie.co Other one sounds good too though.|
|Any chance you could link me to a the strategy guide that you think has the best success rate? Thanks!||Sure! Basic Strategy is usually the best way to go and it's fairly easy to understand. The link is to a basic strategy chart. The chart tells you what to do based on your number and the dealer's number. Link to www.blackjackinfo.com|
|Have you ever had any celebrity or famous person on your table?||Personally, not that I know of. Ball players will frequent a lot, so it is possible that I dealt to one of them and never knew... But, famous people do come out and gamble every once in a while. Sometimes a few performers have been known to play a few games while they're in town. I've never had the pleasure.|
|Do many people try to cheat?||People do try to cheat. It's a very aggravating thing to have to deal with. We work a lot to maintain the game's integrity to keep both us and the player's in good hands, but someone is always going to try to get some sort of edge, be it on the tables or at the machines.|
|Have you ever had a card thrown at you?||Haha. No, I bet a poker dealer could answer yes to that question tho. Blackjack doesn't allow anyone but the dealer to touch the cards so that would be a feat.|
|This is not true. Some casinos allow players to touch the cards.||Really? I had no idea. Our casino seems kind of rigid about card handling.|
|Do you see yourself as a good blackjack player?||I would be terrible at playing the game. I'm much more comfortable on the side of the table with the bank.|
|I'm going to a charity casino night, I've never been to a casino before or properly played blackjack with other people. Is there anything I should avoid doing? table etiquette? Also is the game basically 21 but with gambling?||Charity events would be the most relaxed to play at (I can only assume), so it's a good place to start. I would look over basic strategy rules and learn when to hit, stay etc. because blackjack is kind of like a team sport. Everyone at the table is affected by what every player decides to do. I've seen people do very well by working together as a team and following strategy. And yes, I believe blackjack has also been called 21 in the past.|
|Why not the first biggest?||We are only the second because of how a casino's size is measured. It can be measured by square footage, in which case I do believe that we are literally the largest. A casino can also be measured by machine game count, which is why we are second. I think that answer is correct, but from what I've heard we are always neck and neck with other casinos for that spot.|
|If you live in the US, your casino is not the second largest in the world. Venetian Macau/Marina Bay Sands/City of Dreams are all larger than anything here.||I just know that second largest is how we advertise ourselves. Like I said before, there are different ways that a casino's size is measured so that has to be factored in when considering the rankings.|
|What is the biggest percentage-wise win youve seen? (for example; starting with $100 and going up to $1000 is a lot more impressive than starting at $1000 and cashing out $2000) Reason im asking; deadmau5 (the DJ) plays bj and some of his wins are pretty crazy. the first time he played for real at the wynn he started with $1000 and cashed out $100K, another time he started with $4K, ran it up to $500K and lost it all, and one other time he started with $4K and cashed out $200K. (he does play marathon sessions though: 8+ hours at a time) Do wins like those happen regularly (if so, i have to start playing bj)...or is he just one very lucky guy? :D.||Quite honestly, people come in and out so frequently and so often that I have never paid too much attention to one person's particular winnings. I know that winning as much as 100K definitely requires wagering big too. That's awesome that the deadmau5 guy has walked away with that much. And yes, I would assume that he won it over a time span a few hours. I think blackjack is a game best played for fun without expecting anything in return. Lots of people come to play expecting to walk away loaded but they are out of the game in around 20 minutes. It's more fun to play, if you are there to just have fun and play.|
|How does your casino deal with counters? How many decks in your shoe?||I don't really know how our casino would handle a card counter because I've never come into contact with one. But, I know that we take lots of measures to ensure that counting is essentially impossible due to the amount of decks and the shuffling machines that we employ.|
|worlds second largest casino. doesnt have craps or roulette. What? how does that happen? you would expect a casino that big to have what some would consider some of the most classic casino games...||Yeah, I know that new table games are always being considered but there are so many rules and regulations that come with implementing them that it takes time for the many approvals.|
|Are there really tough punishments for cheating? Like cutting off fingers and sodomy?||Haha. No cutting off of limbs, as we are fairly new testament in our punishments.|
|Ever seen a gambler pick up a cocktail waitress? That is, get her phone number, or a date or something? Thef get hit on all the time, so I figure it would be a feat.||I don't know. I'm not a cocktail.|
|I love playing Blackjack. My goal is usually more to find a fun table and have a few drinks than it is to win big. (Though that doesn't hurt.) My question is this: I try to have fun with the dealers and kinda backtalk a little, but always in a playful manner, never crossing the line. Some of them enjoy this but a lot don't. Is this because they experience this throughout their shift and tire of it or am I just an asshole?||If I were to play the game, I would be like you; have a few drinks and talk to people. It would just seem more fun that way. I don't usually mind it if people joke around with me, but I know that some people do. I look at it this way; it is our job and sometimes people just don't want to be at work so if someone has ever given you the cold shoulder, it's probably because they can't wait to clock out.|
|I'd imagine you're right for the most part, but people also tend to tip well when they win big, which is something the dealer can't control and doesn't want to happen.||On the contrary, I DO want people to win big. Sometimes those who win big will tip big, and it's always really great to work with them|
|How can I make money counting cards, without the casino trying to keep my winnings or backrooming me.||I don't know a lot about counting cards. I've never had any interaction or experience with that situation so I don't know how it would be handled but I'm sure basic protocol is to just ask a counter to leave.|
|Are you going to answer any other questions?||Yes.|
|You're about to die. There is an amateur poker player sitting right next to you. You decide that your final words will encompass the most important thing you have learned throughout your years of pro poker. WHAT ARE YOUR FINAL WORDS??? Tldr: gimme some good poker tips.||1st off, your screenname is priceless...This one's an easy one for me though. Never let your ego get in the way of continuing to try and learn as much as you can about the game. Too many players hit a point where they start to win and then refuse to admit they can always learn more. I call this the game over point lol.|
|Can you loan me a few hundred bucks? my tv just shit the bed.||You take Full Tilt transfers?|
|Does that eventually translate to real cash lol,||Haha we can only pray.|
|I wish this wasn't a joke. A friend of mine won an FTOPS event a few days before they were raided and hadn't withdrawn in months.||Sigh, yea I know...I just try and use humor not to punch holes in walls.|
|Can I ask how much did you lose when FT went tits up?||I didn't get killed very badly, I was taking some time off poker so had a good chunk of my online roll off the sites. I was saying in an earlier post I was with a buddy who had about 200k online at the time when we found out the shit hit the fan. Never thought I'd see someone get that emotional, but clearly understandable. :/|
|Are you the Jason Lee that recently got signed to Lock Poker?||I would be that same Jason Lee.|
|I assume that you would recommend this site to US players as opposed to bovada and the like? As this a merge skin, how confident should US players be about depositing mobnies on this site. I cant stand Bovada btw.||Yea, I actually never even got on Bovada because I just heard the most tilting stories about it. I'm personally very confident with my money on Lock, and not just saying that because I'm one of their pros. The upper management there actually cares about their players and is constantly looking to improve the customer experience. This is something I respect a lot about them.|
|I only have money on Bovada....well I do have a few hundo still on Full Tilt...those fucks.||If you're interested in moving over, shoot me a PM before you get on, I get some special perks I can offer people that create accounts.|
|Pretty much....I actually laughed at the customer service rep that I talked to, said, "you fuckin kidding me" and hung up.||Yea, I had a buddy that just posted a blog about that jacking a bunch of cash from him as well. I'd be scared playing on a site that it's sister site (Blow-dog)'s domain just got appropriated by the DOJ.|
|Are you still living in the states playing online or have you moved eslewhere?||Been literally bouncing all over the place as of late, but all in the states. I'm currently doing this Reddit from Vegas. Seems like a decent place to be? lol Most of my friends went to Canada, Costa Rica and a few to Panama and Thailand.|
|How hard is it to do your taxes?||The first year I did them it was hell because I didn't stay on top of keeping records and had to retro go back and do everything. Since then I learned my lesson and stayed on top of keeping records. Its still annoying though every year when everyone is talking about getting their returns and I'm writing a check to Uncle Sam.|
|But you get to write off your losses, right? I'd imagine that good records are very important. Does the IRS keep a special watch on pro gamblers for audit purposes? Seems like one of those professions that would be red flagged by them.||Yea, and they actually changed the legislation this year that if you have a net losing year, you can actually roll those loses into future years...a.k.a lose 10k this year, make 100k next...only pay taxes on 90k.|
|Most money you've ever lost in one pot?||Don't play a tooooon of cash games, so prolly only a few thousand in that department. The biggest tournament I've played and busted was a 20k buyin in France. I had lots of beers after that one.|
|only a few thousand in that department. That'd pay my rent and feed me for half a year. Fair as fuck :)||Hah, yea...I try not to get greedy like some players. I'm happy when I lose $1 and mad when I lose .01. lol.|
|How much vanished into the Full Tilt black hole? Any funds lost on the evil twins aka UB/AP?||I actually didn't get killed as much as a lot of my friends because it was during my 8 month hiatus from the game last year so I didn't have a ton on there. I had some friends though that had a couple hundred k on there and was with them when they found out it all went bye bye. Let's just say I saw a lot of people get a lot more emotional than I ever expected to see them get.|
|I'll go for the classic question... how much of poker is strategy, and how much is luck? And what can a player do when their luck sucks?||Oldie but a goodie (I heard an old person say that once lol)...I'd say if I had to put numbers on it, about 65% skill, 30% luck and 5% how much the poker gods love you. These numbers I think against worse players move to 70-75% skill because you're able to read them better and push them around more effectively. I will never deny though that there definitely is a luck factor involved, its just not the predominant factor in determining who wins and who loses.|
|How do you distinguish between luck and the poker gods? I'm an atheist, but if praying to the poker gods can give me a 5% edge, I'll take it.||If you can maximize what you win with the best hands and minimize what you lose with the worst, that I consider skill. Actually getting the best and worst hands, thats the luck part. Also getting it in as a big favorite = skill, losing as a big favorite=luck.|
|I'm no pro, but I've always said that in poker skill is what helps you get lucky, would that be adequate?||Ehhh, when you need to get lucky is usually only when you get your money in bad, so technically it would be something only happening when you're playing less than optimally. However, it would be adequate to say that a skilled player will take better advantage of hitting a miracle card or getting lucky.|
|Is it true that the key to winning is just winning a little bit, then leaving the table?||Def disagree with this. A lot of people after they see me win a pot are like ooooo take that cash and run. The thing is, if you're in a good game, you should stay in that game as long as you're playing well and the game stays a good game. I also think I play a lot better when I'm winning, so I will def keep playing.|
|I'm mainly a tournament guy so they usually don't let me leave after I win a pot :P.|
|How about online poker? What do you think?||If I'm having a bad day, I'll unregister from the rest of my tournaments so I can proceed to ram my head into the wall. But I feel like its the same as live, if you're playing well and in a good game; stay in it. If people are willing to give cash away, stay and take it :)|
|What do you think is the major difference between online and real life poker?||I reallllly like online because I'm about as ADD as they come. I usually play 10-20 tables at once, mainly to keep my mind busy and keep me from doing anything stupid and playing too many hands. This is the biggest difference I see.|
|As per strategy wise, live players love to call more (and bigger) 3 bets preflop ~ they just refuse to not defend here, the blinds usually defend a lot more live as well, raise sizes usually need to be bigger live to accomplish the same annnndd.....those are the main differences that pop into my mind.|
|You can of course also see your opponent to allow for making more reads and they make me wear pants live :(|
|We need to get you some Adderall. You would be unstoppable!||Lol, used it before...I think I was the definition of "dialed in".|
|What do you mean by defend.||Basically when you raise someone's blind and they choose to not fold and fight you in the pot with a mediocre to bad holding they might normally fold, this is called defending. Usually its to send you a message to stop 3 betting them or stop stealing their blinds.|
|Hell of a story man, I get the same feel when I go mini-golfing with my BROS and on the 18th hole the ball just floats, time stops, my mind goes numb, and it just sinks right in for a hole in one. Then I'm like FREE ROUND BITCHES. I enjoy playing 10-2 off-suit in low buyin games just to fuck with people, you should try that for me someday. I hope you're comfortable because I've been waiting for a pro poker player for a long time now, I ain't goin anywhere. If you could play poker with any 5 people (living or dead, fictional or real), who would they be?||Great question... outside of just saying EVERYONE of the business men playing in the huge Macau game...if it were purely a social game Superman, The Devil, Ivey, Dwan and Howard Lederer...the first 4 to challenge myself since its a fun game, and Howard to punch in the face.|
|Yeah fuck him, I used to have a Full Tilt account and that could have been my money. Need my money for taco bell 5 buck boxes and also other things. Do you gamble much on non-skill games? Or any games involving a house advantage?||The best was right after all this shit last year, his wife tried to release her own jewelry line at the WSOP. I reaaaalllllly wanted to go up and just request my jewelry since it was clearly paid for with a bunch of our cash.|
|Do you think that in 2011/2012 the online games have got a lot tougher to beat? How far can you go with ABC poker online? What level can you beat with this technique? Is playing multitable with reasonably good regs profitable at high levels?||1- I think the low to mid stakes online have actually gotten considerably easier. A lot of the serious low to mid stakes grinders ended up moving on to other things leaving a bit of a vacuum at these stakes. I think the higher stakes have gotten a bit more difficult with a lot of the fish exiting the market. They are slowly returning though from my observations. 2- I honestly think pretty straight forward ABC can beat almost any level of poker. My deepest live run at the EPT Villamoura stop, I literally played straight forward ABC for all 6 days. No crazy bluffs, no wild floats etc etc, just played my cards optimally and made solid reads. Everyone else got out of line and paid when I had it. There are a few adjustments you can occasionally make - getting more aggressive on the bubble, stealing some blinds when the antes kick in, but for the most part the ABC can beat all levels. 4- Profitability defffffinetly goes way down when you start playing with all regs. I still think there are a lot of regs that are profitable that have leaks that can be exploited. I'm pretty positive I have leaks that can be exploited as well. So to answer the question, yes they can be profitable but definitely tougher to beat.|
|Has your game been impacted by becoming well known? I have heard every donk on the table wants to felt the big name pro so if it's true, how do you adapt to that?||Its interesting, because I never really experienced this until very very recently. As per being known at live tournaments, I get noticed and recognized a lot less than some people might expect. They usually just look at me and go, "oh look some crazy internet kid," just because I'm young, pale and have zero sense of style :)|
|The crazy part is since I signed with Lock and they made my screenname highlighted in red on there, I feel like a baby goat in a sea of wolves. I have NEVER had people try and make plays and bluff me as much as I'm experiencing on there. It's increased so much that I've had to make strategic adjustments to how I play.|
|I basically always tell people I want to play opposite of everyone else. If everyone is going to try and bluff me and run over me every pot, I choose to just sit back, pick up a hand and let them bluff off the world to me. It's nice to almost always get action on hands, it is a bit more boring though. Winning poker isn't always "fun poker" lol.|
|$3 million in winnings? Feeling charitable? :D.||Haha, as of late I've been gladly donating back to the community, not by choice though lol.|
|Story?||Not a super eventful one; just on a bit of a downswing. Nothing huge, I just always get annoyed when I don't win.|
|Oh I thought your neighbouring community I didn't get it as the ''Poker Community'' ! I thought you had gone nuts with that money and somewhat landed in trouble that required you to pay back to the community.||Hah, I am a bit of a wild one at times, but thankfully no on that...so far.|
|Does phil Hellmuth really bitch about every hand or is that some gimmick?||I actually did a TV show with Phil a few years ago, here's a link to an article about it.|
|Best Damn Poker Show|
|Basically, I asked Phil this question directly. His response was basically, he does get upset when people do moronic things but a lot of the over the top reactions are aimed at branding himself as the Poker Brat. Everyone loves to hate someone, and also loves to see what they're going to do next. This is pretty much what he's shooting for which I understand and thinks is prolly business smart, just a lot to deal with if you're the one getting berated.|
|3 or 4 bet Hellmuth and he will get pissed.||You'd be surprised how often if you give someone shit for 3 or 4 betting how often they'll never do it as a bluff again.|
|Is Bellande's twitter not the most comical poker twitter feed going or what? I mean who is that guys backer? haha.||Lol, I don't follow him but definitely going to check it out. I actually hammered one night in Canada at the NAPT jokingly tried to trade my gf at the time for a rack of chips from him. I was joking of course but apparently she didn't find the humor. Maybe this is the reason I'm single now lol.|
|Dude, check it out. Its hilarious.||He's def getting a new follower.|
|Why do you play under a recognizable screenname online? Doesn't it make you more of a target/predictable?||I think when I started playing, I had dreams of being a notable player, someone people recognized. Not so much to be a fame whore, but more for validation that I truly made it in the industry. It's def a lot easier to brand yourself this way if there is congruency in who you are everywhere.|
|From a direct dollar making stand point though, different screennames is probably +ev.|
|Makes sense.||I'll prolly stick with the same screennames/image for the rest of time. I've started expanding my poker career into teaching, writing and some other aspects to make money outside of just playing. I also don't really mind if I lose a little bit of EV to help advance the other poker related endeavors.|
|Considering your skill, at what point do you imagine letting go of the pro image to make money anonymously? Do you not already have multiple accounts for this?||There are also some perks to knowing people think they know how you normally play. It allows you to take some unconventional lines some times because you know people think they know how you always play things. (If that made sense lol)|
|Also, pokerstars or fulltilt (or other)?||No multiple accounts for this guy, JaspudUF till I die :)|
|I like your integrity. Thanks for answering my questions!||Of course, hope the info helps some :)|
|Ever splash the pot?||Every chance I get :)|
|What would you advise to anyone looking to use Poker as a source of income in the future? How often do you play? Biggest Win? McDonalds or KFC?||I would say make sure that you truly are being honest with yourself about being a winner or a loser at the game. So many people tell me they beat the game and when we sit down and actually look at numbers, they're lieing to themselves. If you do find you are winning consistently, make sure its enough to sustain your desired life and more importantly you have a cushion in case of an inevitable bad run. I prolly play 3-4 days a week, I used to obsessively play 6-7 days a week but I think that was not good for the health.|
|KFC if I'm running good, McDonalds after a bad session. No questions asked there haha.|
|What are your other hobbies?||I'm a gym rat, I kickbox and do jui-jitsu (although I havent in a few months since I've been traveling a lot :/ Reddit and internet humor have become amazing hobbies as of late lol and my number 1 hobby is actually people watching. I love the nonverbal communication/psychology side of poker and life, and just chilling trying to study what people are thinking amuses the hell out of me.|
|I actually have to tell girls on dates that when I'm constantly staring over there shoulders at other people its not because I dont enjoy their company but just obsessed with people watching. lol.|
|Such a romantic! I need to hit the gym. When I'm much older I think instead of jigsaw building and wetting myself I will take up Poker. At the moment money isn't available to piss away. For non money games I have been good online, however I think I would be awful under pressure.||My buddies grandma just came into town and she might be the biggest gamblecard player I've ever met in my life. If I tried to make her do a jigsaw puzzle, she'd ask me how much I want to play for per piece. Def a mind stimulating game.|
|What are you planning to play at the WSOP this year? How many events? I cant wait to watch the "Drop in the Bucket" tourney. Im surprised Ivey hasnt confirmed yet....I realize he has a lot of shit goin on with FT and his divorce and shit.||That Drop in the Bucket tourney will be insane if it runs. I hear a few rumors that even though they have a bunch of confirmed players, no ones put the cash down yet. I can't confirm this but its what I'm hearing. As per me, I'm going to try and play as many of the hold em events as possible. I took last summer off and am completely drooling waiting to play this year.|
|I always try and get backing for the series, which I haven't yet started looking into this year but that usually helps dictate how much I'm going to play. I paid for the series myself one year and frankly the potential swings on that are huge and very few players are anywhere close to properly bankrolled for these tourneys.|
|The series is the most fun time of the year but its also for about 95% of the players, the most frustrating time of the year. You get so excited about the potential of the cash and a bracelet and then if you don't prevail, its tough to pick yourself up and come back the next day for more of a pounding lol.|
|Do you remember a few years ago, theres was this dude from NY a few years ago that had a blog on Pokerroad that would go ape shit on his blog after he busted from a WSOP prelim? I cant remember his name but it was hilarious. Joe Sebok supplied with a cam to record that shit.||Lol, I don't but if you find a link to it, please post...I love watching people tilt haha.|
|Theres only a few dudes that are rolled for that Drop in a Bucket...Guy Laliberte, a few Asian businessmen, and that dude that owns a few casinos in vegas.||Yea sooooooo few people are rolled for that. I've heard that they're going to run regional satellites but haven't seen any links or anything. I'm going to choose not to play that one, unless someone gives me a milly to play it. I won't say no :)|
|This dude Eugene Todd theres a few on there...if you can find the pokerroad blogs...they are epic.||Lol, I just watched about 45 seconds of the intro to his new show. I think I'm somehow on tilt already.|
|Do you play for fun or just for the money? Also, what's the most you've ever won in a day?||I actually do play for fun quite a bit with friends; I almost always lose when I play for fun too lol...When I'm playing to make money, I still love the game and the adrenaline rush accompanied. I stopped loving it for a while last year and got burnt out and immediately took like 8 months off. Best move ever...My largest score was $240k for a 3rd place in an EPT. I guess technically that's 6 days but still my biggest win.|
|So you won that $240k..what % did you have to pay in taxes? What was your net from that $240k?||I was backed in the event; so half of it went to the backers right away. I was in whatever the higher tax bracket was that year, so the taxes on that were rough. The toughest part some card players deal with is taxes aren't always immediately withheld on winnings, so you have to put money aside for when it's time to pay taxes. I have some friends that have won tournaments, spent all the money and come tax time had to figure something out to be able to cover the bill to Uncle Sam.|
|I would imagine winning the $8.8M 1st prize in the Main Event, they net around $5?M after paying 30-40% in taxes?||I'm lucky that my parents stayed involved in my life the past few years to inform me of these things before I also went and did something stupid like that. I try my hardest to share this info with my friends, it occasionally sinks in.|
|What's the most amazing poker hand you've ever been in?||Someone asked this earlier and I couldnt think of an answer, but I think I've thought of one that amused me quite a bit. When I did Good Morning America, we spent a good amount of time teaching George Stephanopoulos the basics of tournament poker. He was definitely a beginner but seemed to be picking up things pretty quickly.|
|The tournament we ended up playing was a super turbo so things were moving pretty quickly. The gist of the hand was George actually limp trapped me with Queens and owned me on national television. Now, with stack sizes and all it wasn't an amazing trap or anything but I just found it hilarious that he came up with a decent move himself and was able to bust me. I was half proud and half blah lol.|
|What kind of stakes do you play online?||Prior to Black Friday, I would try and play the biggest tourneys they had online and was able to get enough volume with those. Since Black Friday, there are still some good higher buy-in tournaments but not quite enough to fulfill my ADD requirements so I find myself playing everything from the highest buyins down to even playing $20 tournaments.|
|Cash is cash, even making a lot of money I still get happy when I win $1. Its a perspective I hope to ALWAYS hold on to.|
|Do you think that poker as a game has peaked? If not, when do you think this will happen? Do you think you could re-create your success starting today from zero? Do you think that online is much harder to win at than live? How many hours a day do you play?||I dont think its peaked, I think when things go all out in the states with legislation we're gonna see an explosion. I think I could, all it is is a willingness to learn, hard work and dedication. All you really need outside of that is emotional control and I think there might be some form of x factor to it. I think 1 game vs 1 game, online can be tougher, but the ability to multi table allows you to severely cut down on your variance and I think make more in the long run. When I play, usually 8-10 hrs...I've played as much as 37 before though lol I guess technically that wouldn't be in one day. After that sesh, you could have convinced me it was though.|
|What have you done with your winnings?||Done a poor job of saving my winnings but a great job of spending it :) Basically, lived "the life", partied, caused trouble etc etc. Trying to change that this year. Practice and read everything you can get your hands on.|
|Thanks. :) Out of your winnings, after tax and stakes how much are you at? I think there's always the dream of millions for players but taxes must hurt..:(||Taxes are never the fun part haha, I'm not sure exactly where this falls...I'll see if I can pull up records later today and give you a stronger idea of the impact there.|
|How long did it take for you to become a pro? How did your family/close ones take to you playing excessively?||Well... - Started playing when my friends invited me to a home game in college. I was officially the worst lol - After that, I played pretty much every day and read anything and everything I could get my hands on. I think it was maybe like a year later that I started making some dollars and maybe 6 months past that I decided to look at making it a full time gig. - Great question here...I came from a super straight laced, military family. If you can imagine how the phrase of "I want to gamble for a living" went over, it was rough at first. Luckily my parents were somewhat open to the thought of it and basically said, we'll support it as long as you can prove its a viable career and you can sustain a living at it.|
|How long did it take for you to become a winning player? Where did you mainly play online? Did/do you use good bankroll management?||About a year into learning and playing I started actually making positive cash flow. Thankfully before that I stayed playing pretty low so I didn't really lose much. - I used to play predominately on Stars, Tilt and UB. Way back in the day it was Paradise. Now a days, exclusively at Lock. - Its funny, about 99% of my career I have except for my first decent score. I had $120 bucks online and put $60 bucks into a $30 rebuy (oops lol). Ended up cashing for about 3k I think it was and post that returned to being a good boy for the most part in the BR management department.|
|Best fold you have ever made? Best call? Is it "better" to make a wrong call, or the wrong laydown? Fave hand that you have seen on TV? Best and worst TV pro? Fave and least fave TV pro?||The problem with "the best fold you ever made" is you never really know unless your opponent shows you...there are times I was pretty sure I made a rockstar lay down but can't really be sure... They always say its better to make an incorrect fold than a bad call, it costs you less. I think personally a mistake is a mistake and all should be treated the same in your mind (from a learning stand point).|
|Best TV pro is prolly Ivey...and worst is everyone that's cocky... especially players that go deep in 1 event and immediately start talking about how they're the greatest thing since sliced bread. I'll refrain from mentioning names to avoid the awkward situations lol My fav pros to watch are either my friends or players that are better than me so I can not only be entertained but also learn at the same time.|
|What's your reading recommendation to get into online poker? I want to prepare now that online gambling is legal.||Do you mean in regards to strategy or the logistics of getting back on?|
|Well, you've got to know when to hold 'em, know when to fold 'em, know when to walk away, know when to run. You never count your money when you're sittin' at the table, there'll be time enough for countin' When the dealin's done.||I still randomly sing this at the table :)|
|Strategies. I know for online there are software programs that measure certain metrics, like how likely the person will fold for certain card combination. I'm a newb.. I want to understand how to analyze the card probabilities & apply user playing history to gain an edge. What's the best book to learn this?||Honestly, the best way to win online is just to have strong fundamentals. It sounds like an answer thats "too easy to be true" but in reality, majority of the players you encounter online are really bad and will make mistakes for you. I play more ABC poker than most people would probably expect. I rarely run crazy bluffs or anything like that, unless I'm bored, feel like being a moron or have had a few adult beverages :)|
|No real question here, just wanted to say thanks for doing the AMA. I've been waiting to hear from a pro poker player for awhile now. Best of luck! Edit: Actually I lied! How do you/any pro players you know, feel about shows like Daniel's "million dollar challenge"? Do you think it hurts the image of poker at all, or helps? Thanks :)||Of course, I'm really enjoying it :) Glad to see people are reading and also enjoying.|
|How did you get started in terms of bankroll nursing? At what point did you feel you could make a living off it?||I literally started with $1 tournaments for quite a while and was able to grind it up to like $120 (back in the day on Paradise). I decide one day that taking half of my bank roll and playing a $30 rebuy would be a great idea (I do not recommend this lol). I ended up getting like 6th or 7th for a few thousand. I was in college at the time and a few k, makes you rich haha. About a week later, I final tabled the same tournament for a few thousand more and then started grinding the low low buy-in multis. Blessed with a little run good, here we are today.|
|It was basically about 6-8 months after those scores that I really started to think there was a possibility I could do it for a living. It was about 1 year after those tournaments that I really seriously began doing it full time.|
|Thanks! I'll keep grinding then :)). Are you going the the EPT grand final btw?||Probably not hitting many of the EPT's this year. That flight from the States is always brutal. I'm enjoying traveling a little less this year. At least thats what I always say and then I end up traveling a ton lol.|
|Besides you, Daniel Negreanu is one of my favorite poker players. How is he to play against? Is there a person that you seem to either always have trouble with or have bad luck playing against?||Well thank you :P Negreanu is definitely a tough player to play against. I think there a lot of other players that have equal the reading skills, but just choose not to vocalize it. It's the worst feeling in the world when someone pegs your hand exactly and lets you know.|
|There are definitely people that have basically owned my soul in the past. The funny part is its never a well known pro or anything like that. Its usually some guy or girl that seems to be absolutely clueless at the table. This has happened A LOT lol Nothing gets close to tilting more than when this happens. I usually just ask them if they just want me to give them the passwords to my bank accounts.|
Casino operators are also trying to emphasize good corporate culture and training for local residents, a key policy target of Macau Chief Executive Fernando Chui’s new administration. New Macau Gaming Director to Better Use Technology in Regulating Casinos. Posted on: June 11, 2020, 12:17h. Last updated on: June 11, 2020, 12:55h. Macau casino operator Sands China Ltd said on Monday the government has granted 150 gaming tables for its $3 billion casino resort, a figure analysts said will be sufficient to support its ... Macau’s Gaming Inspection and Coordination Bureau, also known as DICJ, has introduced new legislation that includes a ban on gaming workers entering casino floors outside work hours. ban is expected to cover 54,000 gaming workers . The former government made the move in a bid to fight crime and gambling addiction. The ban is expected to cover ... Adelson’s casino operator may win the most market share in Macau in 2012 because of the new resort, expanding 9 percentage points to 24 percent in the fourth quarter from a year earlier, said ... a top-notch casino and luxury hotel.12 The key objectives were to create a tour-ism industry, raise the funds needed to develop new areas of the city, build infrastructure, and stimulate the economy. STDM started its operations as scheduled on January 1, 1962. Soon there-after, STDM opened Casino Estoril and also the floating casino Macau Palace, A logo of Sands Cotai Central is seen on a gaming table inside a casino on the opening day of the Sands Cotai Central, Sands' newest integrated resort in Macau April 11, 2012. U.S. billionaire Shel Casino gaming: share of market revenues by global region 2015 Age of people playing gambling games for the first time in France 2017 Industry revenue of “gambling industries“ in the U.S. 2012-2024 All six casino operators in Macau, an hour by high-speed ferry from Hong Kong, are pouring billions of dollars into new megaprojects in the district in a fresh round of expansion. Wynn Macau, the Chinese arm of Wynn Resorts, has received an approval from the government to start construction of its new casino on Macau's Cotai strip.
[index]          
Macau has become the world's most lucrative gambling market, overtaking Las Vegas with casino revenues soaring 57% in 2010. Macau's casinos are attracting tourists from all over the world. Walking around Macau with a GoPro in 4K. July 2020. Make some comments below, and create discussion! Let's get a community going! Make some interactions with others as well. Music from Soundcloud ... In der weltgrößten Glücksspiel-Metropole Macau landen immer mehr junge Menschen an den Spieltischen - beruflich. Die lukrativen Jobs als Croupier in der boom... The scene in the James Bond movie "Skyfall" where Bond visits the Macau Casino. Macau Venetian Hotel and Casino,City of Dreams - Trip to China part 70 - Full HD travel video - Duration: 3:46. costitravel 19,292 views 2012 Hong Kong New Year Countdown Celebrations - Duration: 2:12. ... Skyline from the Wynn Macau /Skyline Grand Lisboa Casino - Duration: 0:37. bunte-ansichten.de 296 views. 0:37 . New Year's Eve ... Galaxy "Macau 2012" TVC Our two day trip to Macau was a success. We experienced so much diversity, from huge casinos where people spend millions of dollars a day to small colonial s... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. This video is unavailable. Watch Queue Queue. Watch Queue Queue