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12-27-2016, 12:54 PM | #1 | |
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Baccarat - Edge Sorting cost Phil Ivey almost $10 million winnings
http://www.tmz.com/2016/12/27/phil-i...carat-lawsuit/
Quote:
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12-27-2016, 01:08 PM | #2 |
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I read that story. Brilliant on his/her part to find the edge and use it. As usual, greed caused them to get caught.
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12-27-2016, 01:12 PM | #3 |
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If you want to make money from gambling, own the casino.
As long as it's not in Atlantic City |
12-27-2016, 01:13 PM | #4 |
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I'd say the casino should have to let him keep it for allowing a PROFESSIONAL GAMBLER play at one of their tables.
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12-27-2016, 01:19 PM | #5 | |
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There's really no such thing as a legal professional baccarat/blackjack/craps player. The odds, unless the player cheats is ALWAYS on the house. Even if it's Phil Ivey, a casino would want him to stay and play as long as possible, because they have the edge...unless of course he finds an edge like this. |
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12-27-2016, 01:35 PM | #6 |
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That's amazing.
Like a real life rainwoman? Because I am trying to imagine keeping 52 card patterns that are only minimally different tied to 52 different cards...**** sounds hard as hell. |
12-27-2016, 01:38 PM | #7 |
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12-27-2016, 01:40 PM | #8 |
Scooby Specialist
Member#: 700
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12-27-2016, 01:42 PM | #9 |
Scooby Specialist
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12-27-2016, 01:52 PM | #10 |
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I saw a story (Down the Rabbit Hole on Netflix) on this group of Baccarat cheaters that use a camera up their sleeve and when they are offered to cut the 8 decks, a little "comb" brushes the corner of the deck and the camera captures all of the cards in sequence. Then a guy drops the footage off to another guy waiting in the bathroom and he texts the players the card sequence info on when to put in big bets.
That to me is cheating. Knowing how to win at a game without such a device doesn't seem like cheating to me. |
12-27-2016, 01:57 PM | #11 |
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Her ability to be observant isnt cheating, but sharing info with a player sounds exactly like cheating.
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12-27-2016, 01:58 PM | #12 |
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12-27-2016, 01:59 PM | #13 |
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It's cheating if you know cards from the backs, it removes an element of chance. Sure, the cards have faults, but exploiting those faults is cheating. Just like taking advantage of holes in operating systems is a bad thing.
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12-27-2016, 02:02 PM | #14 | |
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12-27-2016, 02:09 PM | #15 |
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If only he could have just showed her how to play and taken a cut.
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12-27-2016, 02:13 PM | #16 |
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Yes, but doing it yourself is kind of tough / impossible to prove short of admitting to your "strategy" Colluding with another player is pretty blatant.
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12-27-2016, 02:13 PM | #17 |
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12-27-2016, 02:17 PM | #18 |
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In Atlantic City, you're allowed to count cards without help, I believe. So they shuffle their cards a LOT. In LV, counting cards is not allowed.
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12-27-2016, 02:19 PM | #19 |
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I don't think it really matters if it was 8 decks or 800 decks. They identified differences in the backs of the cards due to printing. So all King of hearts (for example) are this /// while the king of spades has a small smudge at the end. This difference would carry over for every single King of hearts / whatever that came off the printer.
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12-27-2016, 02:20 PM | #20 | |
*** Banned ***
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12-27-2016, 02:26 PM | #21 |
Scooby Guru
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12-27-2016, 03:03 PM | #22 |
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12-27-2016, 03:11 PM | #23 | |
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Honda covered this one. So what, do they demand you somehow wipe your memory after every deal? Maybe that is what the free drinks are for? |
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12-27-2016, 03:16 PM | #24 | |
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Then there's this: http://www.huffingtonpost.com/quora/...b_6857442.html |
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12-27-2016, 03:25 PM | #25 |
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I just want to know who in 2012 makes a deck of cards where the back isn't identical. I thought that was like rule 1 of making cards...
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