Re: [infoguys-list] Casino expert needed
- It's a fascinating system and I am pretty familiar with it.
If you understand how it works, you can see how it can make perfect sense
to gamble for some people under some circumstances.
For example, consider a con artist who wants to impress high income
"marks." If he takes them to the Cosmo, it's just a trip to Las Vegas, BUT if
he's on their list of high rollers, he and his party get VIP check in ... not
the typical check in at the counter.
They are assigned a manager who is responsible for their stay, and tends to
everything for them. Because the Cosmo treats them as a VIP, treatment
that the high income "Mark" who does not happen to be a gambler has never
seen, the Mark is impressed that they conman is someone to be respected.
That has value.
But what does it "cost?" Consider, comps and the VIP treatment are based
upon "risk," not winnings or losses. The hotel/casinos work and base their
comp system according to the odds and percentages. Although there is a
provision to adjust comps upward in the aftermath of high losses, there is no
comp penalty for winners.
Therefore, the conman who needs and wants the image of a respected
"Player," must put significant funds at risk, so for purposes of illustration,
lets make it simple. A red/black bet on a roulette wheel is almost 50/50 ...
the number of red slots and black slots are the same, but the two green
slots skew the odds slightly in favor of the house.
So let's say the conman risks $100K a night betting red for six days
running. Chances are pretty good he will break even BUT he WILL get comps that
have value, and he WILL get the VIP treatment necessary to impress his
Interestingly, if he happens to win every bet, his comps will be the same
... casinos do NOT want the image of being poor losers. On the other hand,
if he happens to lose every bet, his comps will be adjusted upwards ... the
casinos do not want major losers walking away with a bad taste in their
Comps, markers, credit ... it's a complicated system that is much more
science than art. Make no mistake, these casinos track everything that goes
on under their roof, and they work cooperatively with each other.
If I can be of assistance, let me know.
Bill E. Branscum, Investigator
Former Special Agent, US Department of the Treasury
Naples, FL 34101
(239) 304-1639 V
(239) 641-6782 C
In a message dated 8/14/2012 4:36:02 P.M. Eastern Daylight Time,
I need a casino financial expert that is versed in credit policy and
procedures and has knowledge of procedure used to provide markers and
comps to "customers"
this is a direct referral.
pls respond by e mail off list
thanks in advance!
TSCM/Special Operations Group Inc.
20 Music Square West,Suite 208
Nashville, TN. 37203 USA
"Maintaining a higher degree of excellence"
Technical Investigation Services
Handheld Communication Forensics/GPS forensics
Technical Surveillance Experts
Expert Witness Services
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