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Pensacola Discussion Forum » General Discussion » Morgan say Mr Oats, PKBum.Jake and others cost us a lot of money LOl Keyword "Pathological Gambler"

Morgan say Mr Oats, PKBum.Jake and others cost us a lot of money LOl Keyword "Pathological Gambler"

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2seaoat
dumpcare
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Hospital Bob

Hospital Bob

Very true. And a lot of money is going to the Indian casino in Atmore too.
It's really a ridiculous situation. We go across the state line to play slot machines in Atmore. And they come across the state line to buy lottery tickets from us. lol

Jake92



LOL I was stuck in the traffic jam on I-10 due to the truck wreck at mile marker 65 Tuesday night.. I got out and the guy behind me said "damn, I hope I get into Florida so I can buy lottery tickets for tomorrow night".. It took almost 4 hours to get home from Mobile..

TEOTWAWKI

TEOTWAWKI

So in this case law enforcement leadership are a pack of lying dogs ?

Jake92



I take it as a FEW cops are letting people break the law by gambling, but I would prefer that to the criminals enforcing the laws.. It's a big rumor that crooks and CHEATERS in Nevada casinos can be found in parts burried in the deserts outside of Vegas, Reno, and other areas of the state.... How many bodies do you want washing up on the beaches instead of in jail????

Hospital Bob

Hospital Bob

TEOTWAWKI wrote:So in this case law enforcement leadership are a pack of lying dogs ?
Morgan was an air force cop. He would know as much about gambling and crime as any other air force cop. Which is zilch. lol

The only sheriff around here who had expertise on that was Bill Davis because he ran illegal slot machines himself. lol

Hospital Bob

Hospital Bob

Here's the absurdity of this whole situation.

The government itself (Morgan's employer) is a gambling operator.  And the gambling the government is running gives gamblers the worst outcome of any form of legal gambling.   A gambling addict who gambles with the government is going to lose half his wager.  As opposed to losing one/fourth of his wager in a private casino.
So if we accept that compulsive gambling is a big problem and compulsive gamblers are committing crimes to get gambling money,  then the government itself (the same government which employs Morgan) is the worst enabler of that.  And we would already have a crime wave as a result of it.

TEOTWAWKI

TEOTWAWKI

Gambling robs the poor and foolish. It's a crime or should be.

Jake92



The biggest gamble is the stock market, which many people who oppose casinos lose life savings in OR make fortunes in..  The ones making fortunes are the crooks running the stock market and an occasional stockholder who is lucky enough to buy and sell at the right time, just like the poker player who bets or folds at the right time......

dumpcare



the following ad appeared on craigslist today, probably for illegal gaming.

Casino Dealers Entertainment (pensacola)
Looking For Craps (Dice), Roulette, Black Jack, Texas Holdem. Events held from 50 MILES , Must wear black pants, shoes, socks, bowtie and vest, Tux shirt, Dress Nice. The pay will range from $60.00 up to $120.00 per event. Please forward your name, address, phone and email to the email provided and put casino dealers in subject line to prevent spam. Provide statement on what you can deal. I would love to put you to work but understand this is a part-time seasonal position. Nice thing about this is if I call and you cannot work, you go back on the list.
Location: pensacola
Compensation: ut to $120.00 per event
This is a part-time job.
This is a contract job.
Principals only. Recruiters, please don't contact this job poster.
Please do not contact job poster about other services, products or commercial interests.

dumpcare



TEOTWAWKI wrote:Gambling robs the poor and foolish. It's a crime or should be.
I guess you could say that for just about any entertainment you have to pay for.

TEOTWAWKI

TEOTWAWKI

ppaca wrote:
TEOTWAWKI wrote:Gambling robs the poor and foolish. It's a crime or should be.
I guess you could say that for just about any entertainment you have to pay for.
Yes that's why I hang around here. I don't have to buy tickets for this zoo.

Guest


Guest

The Shriners used to host a "Casino" night at the Haji Temple on 9 mile road. Play money type of thing. Craps, table games, no slots. Cashed in your winnings in for prizes. It was a lot of fun. I think it got too big and some one bitched so they shut it down.

dumpcare



TEOTWAWKI wrote:
ppaca wrote:
TEOTWAWKI wrote:Gambling robs the poor and foolish. It's a crime or should be.
I guess you could say that for just about any entertainment you have to pay for.
Yes that's why I hang around here. I don't have to buy tickets for this zoo.
But is this not an addiction?

dumpcare



Mr Ichi wrote:The Shriners used to host a "Casino" night at the Haji Temple on 9 mile road.  Play money type of thing. Craps, table games, no slots. Cashed in your winnings in for prizes.  It was a lot of fun. I think it got too big and some one bitched so they shut it  down.  
Actually same as illegal gambling if they had to buy in and then win prizes.

TEOTWAWKI

TEOTWAWKI

ppaca wrote:
TEOTWAWKI wrote:
ppaca wrote:
TEOTWAWKI wrote:Gambling robs the poor and foolish. It's a crime or should be.
I guess you could say that for just about any entertainment you have to pay for.
Yes that's why I hang around here. I don't have to buy tickets for this zoo.
But is this not an addiction?
Of course it's an addiction but there is little damage done other than I don't get my chores done...kind of like those marijuana smokers.....

Guest


Guest

ppaca wrote:
Mr Ichi wrote:The Shriners used to host a "Casino" night at the Haji Temple on 9 mile road.  Play money type of thing. Craps, table games, no slots. Cashed in your winnings in for prizes.  It was a lot of fun. I think it got too big and some one bitched so they shut it  down.  
Actually same as illegal gambling if they had to buy in and then win prizes.
Yep.  That is what happened.  Private party. Invitation only. Private Organization.  They made a lot of money for Burned Children but never mind, it was illegal.   But it was a lot of fun.  I got on a roll on the craps table and won a ton of play money.  I enjoyed it.

Jake92



The wheels and games at the fair are a type of gambling too, including the one for little kids catching a plastic fish or the guy guessing your age or weight....

Dang, I almost forgot the little 70 yr old ladies that go to church to play Bingo.....

2seaoat



I won a freeroll into a tournament which has a $120 buy in Sunday. That tournament is just a small tournament of about 100 people and the winner gets about 7k. It has unlimited rebuys for the first hour, and gets to be very exciting. I have never played a game in a casino to make money. I prefer winning over losing, but the truth be told, only a fool thinks playing the carnival games they can possibly win long term. They cannot. Playing poker is a game of skill and in fact skilled players win. It is just that simple.

However, after I won $200 in a cash game of poker, and won the $120 freeroll which they splash the pot with an entry at 1am and another at 2am to get late play, my winnings were $320. I go out to the carnival games which I only play while waiting for poker or after I have finished poker and four hands into three card poker I get a straight flush and win $720.00. I get up and leave winning $1,000. It means nothing. Because I will play the carnival games while waiting to play poker and I will lose back the winnings by the end of the year. Few of the people I see at a casino are thinking they are going to make money at a casino. That is a fools province. Most people are there for simple entertainment and fun. I do know people who have gambling problems. I know people who smoke. I know people who drink. I know people who do drugs. It is insane to say that anybody who drinks is an alcoholic. Those people with addictive personalities have the ability to self ban from casinos. However, I can go to a movie and get concessions, and go to dinner and it is much more expensive than the same time at a casino playing the carnival games. I personally prefer poker, but even though I know I will lose with the carnival games.....they are entertainment.

Guest


Guest

I would say that very few people go to a casino to win a certain amount of money. Most seem to say "Well i am going to Biloxi and loss a couple of hundred." It is entertainment and I will have fun.And most of the time they do both. Pro gamblers say I will go and win 500, 5,000 or what ever they think is a achievable amount. When and if they win that amount they quit and leave the Casino. It is all in the mind set that one uses to approach a Gambling establishment.

Guest


Guest

Archie Karas
From Wikipedia, the free encyclopedia
Archie Karas
Nickname(s) The Greek
Residence Antypata, Cefalonia
World Series of Poker
Bracelet(s) None
Money finish(es) 5
Highest ITM
Main Event finish None
World Poker Tour
Title(s) None
Final table(s) None
Money finish(es) None
Archie Karas (born Anargyros Karabourniotis[1] in 1950) is a Greek-American gambler, high roller, poker player, and pool shark famous for the largest and longest documented winning streak in gambling history simply known as The Run when he turned $50 in December 1992 into more than $40 million by the beginning of 1995, only to lose it all later that year. He is considered by many to be the greatest gambler of all time and has often been compared to Nick the Greek, another high stakes gambler.[2] Karas himself claims to have gambled with more money than anyone else in history.[3]
Contents [hide]
1 Early life
2 Gambling career
2.1 The Run
3 Downfall
4 Mini-streaks
5 Personal life
5.1 Cheating
6 References
7 External links
Early life[edit]

Karas was born in 1950 at Antypata on the island of Cefalonia, Greece. He grew up in poverty and had to shoot marbles as a teenager to avoid going hungry. His father, Nickolas, was a construction worker who struggled financially.[1]
Karas ran away from home at the age of 15 after, in a rage, his father threw a shovel at him, barely missing his head. He never saw his father again. Nickolas died four years later.
Karas worked as a waiter on a ship, making $60 a month until the ship arrived at Portland, Oregon. He then moved to Los Angeles, where he would gamble his bankroll up to $2,000,000 before losing it playing high stakes poker.[1][4]
Gambling career[edit]

After arriving in America, he worked at a restaurant in Los Angeles which was next to a bowling alley and a pool hall. There he honed his pool skills and eventually made more money playing pool than he did as a waiter. When his victims from the pool hall thinned out, he went to Los Angeles card rooms to play poker. He quickly became an astute poker player, building his bankroll to over $2,000,000. In December 1992, he had lost all but $50 playing high stakes poker. Instead of reevaluating his situation and slowing down, he decided to go to Las Vegas in search of bigger games. He claims to have gone from broke to millionaire and back several times before he went to Las Vegas. What happened in the next three years would go down in legend as the greatest run in gambling history.[1]
“ You've got to understand something. Money means nothing to me. I don't value it. I've had all the material things I could ever want. Everything. The things I want money can't buy: health, freedom, love, happiness. I don't care about money, so I have no fear. I don't care if I lose it.[3] ”
The Run[edit]
Karas drove to Vegas with $50 in his wallet. His initial run lasted for six months where he turned $50 into $17 million playing poker and pool. After arriving at the Binion's Horseshoe, he started gambling and went on a hot streak. Karas recognized a fellow poker player from the Los Angeles scene and convinced him to loan him $10,000, which Archie quickly turned into $30,000 playing $200/$400 limit Razz. Karas returned $20,000 to his backer, who was more than content.[citation needed]
With a little over $10,000 in his pocket, Karas began looking for pool action. He found a wealthy and respected poker and pool player, Karas refused to reveal the name of his opponent for the sake of his opponent's reputation; he simply referred to him as "Mr. X". They started playing pool at $10,000 a game. After Karas won several hundred thousand dollars, they raised the stakes to $40,000 a game. Many gamblers and professional poker players watched Archie play with stakes never seen before. Karas ended up winning $1,200,000. He then played Mr. X in poker and won an additional $3,000,000 from him. Karas was willing to gamble everything he made and continued to raise the stakes to a level few dared to play at.[5]
With a bankroll of $4 million, Karas gambled his bankroll up to $7 million after spending only three months in Vegas. By now many poker players had heard of Mr. X's loss to Archie. Only the best players dared to challenge him. Karas sat at the Binion's Horseshoe's poker table with 5 of his 7 million dollars in front of him waiting for any players willing to play for such stakes.[6]
The first challenger was Stu Ungar, a three-time World Series of Poker champion widely regarded as the greatest Texas Hold'em and gin rummy player of all time. Stu was backed by Lyle Berman, another professional poker player and business executive who co-founded Grand Casinos. Karas first beat Stu for $500,000 playing heads-up Razz. Ungar then attempted to play him in 7-card stud, which cost him another $700,000. The next player was Chip Reese, widely regarded as the greatest cash game player. Reese claims that Karas beat him for more money than anyone else he ever played. After 25 games, Reese was down $2,022,000 playing $8,000/$16,000 limit. [3]
Karas continued to beat many top players, from Doyle Brunson to Puggy Pearson to Johnny Moss. Many top players would not play him simply because his stakes were too high. The only player to beat Karas during his run was Johnny Chan, who beat him for $900,000 after losing to Karas the first two games. By the end of his six-month-long winning streak, Karas had amassed more than $17 million.[7]
The poker action for Karas had mostly dried up due to his reputation and stakes. He turned to dice rolling for $100,000 on one roll.[2] He said that he could quickly win $3 million on dice, while it would take days to weeks with poker. He said that "With each play I was making million-dollar decisions, I would have played even higher if they'd let me."
Transporting money became a hassle for Karas as he was moving several millions of dollars in his car every day. He carried a gun with him at all times and would often have his brother and casino security guards escort him. At one point, Karas had won all of the Binion's casino's $5000 chips, which were the highest denomination of chips at the time.[8] By the end of his winning streak he had won a fortune of just over $40 million.[9]
Downfall[edit]

By mid-1995, Karas lost all of his money in a period of three weeks. He lost $20 million playing dice and then lost the $2 million he won from Chip Reese back to him. Following these losses he switched to baccarat and lost another $17 million, for a total of $30 million. With $12 million left and needing a break from gambling, he returned to Greece. When he came back to Las Vegas, he went back to the Horseshoe shooting dice and playing baccarat at $300,000 per bet, and in less than a month, lost all but his last million.
With his last million, he went to the Bicycle Club and played Johnny Chan in a $1,000,000 freeze out event. This time, Chan was also backed by Lyle Berman and both took turns playing Karas. He preferred playing the both of them instead of just Chan, as he felt Chan was a tougher opponent. Karas won and doubled his money, only to lose it all at dice and baccarat, betting at the highest limits in just a few days.[10]
Mini-streaks[edit]

Since he lost his $40 million, he has gone on a few smaller streaks. Less than a year later, he turned $40,000 into $1,000,000 at the Desert Inn. He then went back to the Horseshoe and won an additional $4 million before losing it all the next day.
A few years later, Karas went on another streak at the Gold Strike Casino, 32 miles outside Las Vegas. He went with $1,800 and lost $1,600 until he was down to just $200. Then after getting something to eat, he decided to gamble the rest of it. He shot dice and ran his $200 into $9,700 and then headed to Las Vegas. He stopped at Fitzgeralds Casino & Hotel and won another $36,000 betting $1,000 with $2,000 odds. He went back to Binion's and won another $300,000 at the Horseshoe and by the third day, had won a total of $980,000 from that $200 start.[11]
Personal life[edit]

Karas currently resides in Las Vegas. His family resides in Greece. His mother, Mariana, is 87. Pete, his older brother, is 63 and owns a restaurant/pub. His older sister, Helen, is a homemaker, and his youngest sister, Dionysia, 45, is a school teacher. Karas stays in touch with his family by phone, and tries to travel back to Greece at least once per year. He brought his mother to Las Vegas for six-month visits when he was on his winning streak.
Karas's story was documented in Cigar Aficionado by American author Michael Konik[3] and also was featured in an E! documentary special along with Stu Ungar called THS Investigates: Vegas Winners & Losers.[12] Konik also wrote an article about Karas which was featured in a book about Las Vegas gamblers called The Man With the $100,000 Breasts.[2]
New York Post editor Linda Stasi was extremely critical of Karas, categorizing him as one of the "Biggest Losers".[4]
He was interviewed along with Tony G by Tiffany Michelle during the 2008 World Series of Poker.[13] He was also a featured player on ESPN's coverage of the 2008 WSOP.[14]
Cheating[edit]
Karas was arrested on September 24, 2013 after being caught marking cards at a San Diego casino’s blackjack table by the Barona Gaming Commission. He was arrested at his Las Vegas home and will be extradited to San Diego to face charges of burglary, winning by fraudulent means and cheating.[15]
References[edit]

2seaoat



Marking cards is a real and present danger to any poker establishment. I have left a poker room where I found fingernail polish on the backside of cards. I also caught a player bending the cards dramatically on low cards causing them to have a visible fold on the back. In Mississippi stud the dealer has three cards down which are visible to all the players. If you have two high cards, and you look at the board and you see folded cards.....you get out. If you see the cards sitting flat, you up your bet before they turn the card. Fortunately the dealers are trained, and this dealer caught him after about twenty minutes and told him to stop it. I was impressed, but cheating is an ever present danger in a casino or poker game.

An Honorable poker player will always inform the dealer where a card flashes and tell the dealer the same.

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