Goldman Sachs has upgraded Wynn Macau after they admitted thereâs too much pessimism being directed at the casino industry in Macau. The investment bank added that VIP and high rollers should be. Of course the 15K could be earning 1-1.5% annual interest at GoldMan Sachs or in a CD (or 10-15%/yr in the stock market). (5) Romes has good chip buying suggestions. When first buying in, go to roulette or baccarat or some ploppy game, get chips there. Come back a later trip to play BJ. Maybe even take a few trips to buy up chips.
(Redirected from Macau gaming law)
Gambling in Macau has been legal since the 1850s when the Portuguese government legalised the activity in the autonomous colony. Since then, Macau has become known worldwide as the 'Gambling capital of the world'[1][2] or 'Monte Carlo of the East'.
Gambling tourism is Macau's biggest source of revenue, making up about 50% of the economy. Visitors are made up largely of Chinese nationals from mainland China and Hong Kong. With the entry of large foreign casinos from Las Vegas and Australia, Macau overtook the Las Vegas Strip in gambling revenues in 2007.
Until Western-style casino games were introduced in the 20th century, only Chinese games were played, the most popular being Fan-Tan. Generally, gambling in Macau can be divided into one of four categories: casino games, greyhound racing, sports betting, and lotteries. At the present time, Macau does not license online gambling operations.
Macau, a special administrative region like Hong Kong, is the only place in China where casinos are legal, and the business has grown at an astounding pace since the government ended the four-decade gambling monopoly of the Hong Kong billionaire Stanley Ho in 2001.
Macau is the pre-eminent gambling capital of the world, grossing the highest amount of gambling/gaming revenue and greatly dwarfing all the other gambling centers/cities.[1][2][3]
History[edit]
Casinos in Macau
In an attempt to generate revenues for the government, gambling in Macau was legalized by the Portuguese government in 1849.[4] In the late 19th century, the government introduced a licensing system for the fantan houses (Chinese gambling houses). It is reported that over 200 gambling houses were required to pay gambling rent to the government.[5] The second casino monopoly concession was granted to the Tai Heng[6] Company in 1937.[7] The company was, however, too conservative to fully exploit the economic potential of gambling. The industry saw a major breakthrough in 1962 when the government granted the Sociedade de Turismo e Diversões de Macau (STDM), a syndicate jointly formed by Hong Kong and Macau businessmen, the monopoly rights to all forms of gambling. The STDM introduced western-style games and modernised the marine transport between Macau and Hong Kong, bringing millions of gamblers from Hong Kong every year.[5] The license was extended in 1986 for another 15 years but expired at the end of 2001.
Macau was transferred to the People's Republic of China in 1999 and became a special administrative region of China. During this transition, there were no changes to gambling policy in Macau.[8]
In 2002, the Macau government ended the monopoly system and 3 (later 6) casino operating concessions (and subconcessions) were granted to Sociedade de Jogos de Macau (SJM, an 80% owned subsidiary of STDM), Wynn Resorts, Las Vegas Sands, Galaxy Entertainment Group, the partnership of MGM Mirage and Pansy Ho Chiu-king, and the partnership of Melco and PBL. On 18 May 2004, the Sands Macau casino opened near the Macau Ferry Terminal. Today, there are 16 casinos operated by the STDM, and they are still crucial in the casino industry in Macau.
Economic aspects[edit]
Gold Bars at the Emperor Casino in Macau
The so-called 'Monte Carlo of the Orient', Macau's economy relies heavily on gambling. Nowadays, the gambling industry generates over 40% of the GDP of Macau. Since the early 1960s, around 50% of Macau's official revenue has been driven by gambling. The percentage remained steady until the late 1990s. In 1998, 44.5% of total government revenue was produced by the direct tax on gambling. Then there was a 9.1% decrease in 1999, probably due to internet gaming. After the handover of the Macau from Portugal to China, the SAR released gambling licenses to other companies in order to eliminate the monopoly played by the STDM. In 2002, the government signed concession contracts with two Macau gaming companies, Wynn Resort Ltd. and Galaxy Casino. This opened the gambling market for competition and increased government tax revenue significantly. It also attracted more tourists to Macau. At this moment, according to official statistics, gambling taxes form 70% of Macau's government income.[9]
However, the gambling industry is also a source of instability in the Macau economy, as the nature of gambling business is not susceptible to technological advancement or productivity growth. The gambling business is still dependent on the prosperity of other Asian economies, especially that of China. Due to Xi Jinping's promise on cracking down of corruption across mainland China, casino profits from across Macau have been reporting a decline in monthly profits[10] In addition, a proliferation of other gambling venues in the region is drawing the target demographic away. Macau's 2018 grew 13% over the prior year, but this lagged behind the 41% growth in emerging casino markets in Singapore, South Korea, the Philippines and Australia, according to Fitch Ratings. In 2019 casino earnings reached their lowest level in three years.[11]
Gambling forms[edit]Casinos[edit]
Macau has 38 casinos (as of 2016), of which the biggest is The Venetian Macao. Twenty-three casinos are located on the Macau Peninsula and ten on Taipa Island. They all operate under a government franchise and under a common set of rules.
The main casino operators in Macau are SJM Holdings, Galaxy Entertainment and Las Vegas Sands with respective revenues of 9.7, 4.8, and 4.2 billion in 2011.[12]
A wide range of games are available, including roulette, blackjack, baccarat, boule, Sic bo, Fan Tan, keno and slot machines.
Poker was introduced only in August 2007, in an electronic table format at Galaxy Starworld casino. The first live poker tournament was the Asia Pacific Poker Tour Macau event in November 2007. Honest usa online casino game. Shortly thereafter, in January 2008, the government of Macau published the official rules for Texas hold 'em poker games in Macau. In February 2008, Grand Lisboa Casino added the first live-dealer cash game tables. In May 2008, 'PokerStars Macau' opened at Grand Waldo Casino. In November 2008, Texas Holdem' Poker opened at Wynn Macau. 'PokerStars Macau' moved to a new location at the Grand Lisboa Casino in March 2009. Today, Wynn Macau, StarWorld, and the Venetian offer live-dealer cash game poker tables.[13]
Casino Lights in Macau
Location of the Race-course and the Canidrome Horse racing[edit]
Other than casinos, there is betting at the Macau Jockey Club and the dog-racing Canidrome.
Horse-racing mainly takes place every Tuesday and Saturday or Sunday at the race-course on the Taipa Island of Macau. The race-course has an area of 450,000 square metres and 18,000 seats for gamblers, and is open only for people over 18 years of age.
The Macau Jockey Club was formerly the Macau Trotting Club. In 1991, it was acquired by a consortium led by Stanley Ho. The Macau Jockey Club is one of the largest private employers of Macau with around 1,400 employees and around 1,100 part-timers.
New Wheel of Fortune Slots. Wheel of Fortune is constantly being developed and new games with new designs and game-play are released every year. The major recent arrival was the huge 8 player machines, where players all sit at the same unit, each with their own screens. Best wheel of fortune slots. Wheel of Fortune Triple Extreme Spin Slots. So here's an absolute classic from the Vegas casino - the Wheel of Fortune. This is the Triple Extreme slot game, which is not the most abundant in Vegas (i.e. The 3 reel game), but you can still find it if you look around.
There are over 210 betting terminals 'on-course'. All terminals can perform sell and pay functions. Punters may bet in Hong Kong dollars or Macau patacas. Bets are accepted up to the start of each race. Punters may place a bet by oral instructions or by filling a ticket.
There are over 80 betting terminals in the Off-Course Betting Centres. 14 Off-course Betting Centres are located in popular districts of Macau and Taipa.
The Internet betting service commenced on 20 September 2003. Customers can review the Club's internet betting website at www.macauhorsebet.com.
There are over 600 telephone service terminals and a total of over 38,000 telebet accounts. The winning dividend of account holders may at their instructions be automatically transferred to their bank accounts.
Launched in June 1997, the personal betting terminal, FAT (Fast Access Terminal) offers betting, calculation of bet units, record tracking of bets, account enquiry, withdrawal instructions and other related information on races such as declaration and race-odds. Close to 1,000 customers are currently using FAT.
Goldman Sachs Backs Macau Casino Bets Free
Three service centres are now set up in Hong Kong including Shaukeiwan Service Centre, Sheung Wan Service Centre and Mongkok Service Centre.
Greyhound racing[edit]
Greyhound racing takes place at the Canidrome on Avenida General Castelo Branco. These races are held on Mondays, Thursdays, Fridays and weekends starting from 7:45 pm and there are 16 games on every racing evenings. Admission is MOP$10 (usable for betting) for the public stand.
Players can bet inside the greyhound racing centre, or in off-course betting centres located in the Hotel Lisboa, Jai-Alai Palace and Kam Pek Casino.
Gambling and society[edit]
The casino industry is viewed by some as harmful to society. A high crime rate was one of the biggest problems that Macau's colonial Portuguese government had to face. Since Macau's return to China's rule in 1999, the public security situation has markedly improved. With the growth of the casino industry, a business called 'bate-ficha' was developed and it is usually run by different triad societies. The bate-ficha business is an element of triad involvement in Macau's gambling industry. Bate-ficha involves selling customers 'dead chips' that cannot be exchanged for cash in the casinos, but only by bate-ficha men or women, who are officially known as 'gaming promoters' or 'middlemen' for a commission.
Triad involvement in Macau casinos makes a serious social impact on the local area. It attracts the attention of Chinese gangsters, whose deadly battles over the fortunes to be made from racketeering and extortion in the territory are a continuing problem. As different triad societies compete for controlled territory in the casinos and on the streets, disputes between societies occur from time to time. These are often settled in violent ways. Even worse, triad societies have grown so powerful in Macau that there was a trend that people tried to seek help from these societies rather than from the police. Although the situation has improved since the 1999 handover to China, the problem is still entrenched in the local area.
Gaming law[edit]
No one under the age of 21 is allowed to gamble.
Detailed law is enforced in Macau to ensure 'qualified operation of gambling' in Macau. The details are listed in Law 16/2001 (regime jurÃdico da exploração de jogos de fortuna ou azar em casino), and other laws regulating the activity of gaming promoters and credit for gaming.
The Gaming Inspection and Coordination Bureau (known as DICJ) is the main government unit that oversees the operation of different gaming activities.
Under Macau law, it stated that a permit issued by the Gaming Inspection and Coordination Bureau is required for the operation of lotteries sales, lucky draw or similar activities, and the initial procedure in the application on the operation of lotteries sales, lucky draw, or similar activities is to submit a notification to the relevant government department ten days prior to the application.
In the Macau legal system, gaming law is not considered as a branch of law in the traditional sense. Instead, it may be considered as a transversal gathering of a range of legal topics more or less directly related to gaming, including constitutional law, administrative law, tax law, company law, contract law, and criminal law. In this manner, issues of public law as well as private law are of relevance for gaming.
Tax law issues[edit]
The taxation of casino sub/concessionaires is made of a fixed part and a variable part. The variable part falls on the gross gaming revenue. The tax rate is currently of 35%, plus two contributions of up to 2% and 3% for social and economic purposes. The maximum tax is therefore 40%. In addition, a fixed premium is also payable, plus a premium per VIP table, other table, and slot machine. Gaming promoters pay taxes on commissions received.
Contract law issues[edit]
From the perspective of contract law, gaming and betting are contracts which may or may not generate civil or natural obligations for the parties. The matter is regulated in the Civil Code 1999 (art. 1171), which states, drawing from Roman law, that gaming and betting generate natural obligations except in sports competitions and where the law provides otherwise. The problem is that gaming legislation currently does not provide to this effect.
Regarding credit for gaming, Macau law states since 2004 that the granting of credit for casino games of fortune generates civil obligations, which are fully enforceable in Macau courts. Credit for casino games of fortune is defined as any case where chips are passed on to a player without immediate cash payment of such chips; this is an intentionally broad concept. Credit for gaming is regulated by Law no. 5/2004, of 14 June.
Aug 15, 2012 Said another way - if you are playing a machine that allows you to pick the denomination, say quarter / dollar - will the machine payout 91.9% if playing set to a quarter and 93.5% if playing set. Cruise ship casinos offer some of the poorest payouts of any casino youâll find. As the only game in town, you canât just head off to another casino with better payouts. Donât get us wrong. Weâre big fans of casino gambling. Weâve placed bets, thrown dice, and pulled slot handles everywhere from Las Vegas to. Cruise ship slot machine payouts.
Criminal law issues[edit]
From the perspective of criminal law, there are specific criminal offences related to gaming; see Law 8/96/M, of 22 July, and Law 9/96/M, of 22 July. Other criminal law matters are covered by broader laws: the Penal Code and the law on Organized crime. Game cheating is mentioned in art. 6 of Law 8/96/M, of 22 July. In addition, general laws on the prevention and repression of money laundering and the financing of terrorism through casinos apply.
Problem gambling[edit]
As of November 2011, exclusion of players from gambling establishments is voluntary. If the person realises that their gambling activities begin to cause trouble, they can turn to the Gaming Inspection and Coordination Bureau to ban them from entering the casino. The government of Macau is seeking the opinions of the citizens on the possibility of establishing a programme that will allow excluding problem gamblers from all casinos without their consent. The Legislative Assembly is currently[when?] analyzing the new draft law, which also deals with the problem of exclusion from gambling houses. The law suggests that the person can be excluded from the casino if they submit their own request or approve the request submitted by their relatives.[15]
Other matters[edit]
Competition law matters, and advertising law, as well as the impact of WTO law on gaming, may also be pointed out as part of gaming law. Regarding online gaming, the Macau SAR does not currently grant concessions for online casinos. The current casino concessions only cover land-based gaming, not online gaming.
Academic research and teaching[edit]
The teaching of Macau gaming law started in 2005 the Faculty of Business Administration of the University of Macau, in the undergraduate program of gaming management.Since 2007 it is also included in the master program of international business law offered by the Faculty of Law of the University of Macau [1], in which various theses have already been defended in topics of gaming law.
See also[edit]References[edit]
Goldman Sachs Backs Macau Casino Bets TodayFurther reading[edit]
External links[edit]
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Gambling_in_Macau&oldid=932177757#Gaming_law'
Thread Rating:
billryan
House On The Rock. They put something in the water.
Can't wait until The Rock is featured on American Gods.
speedycrap
I will give 4 to 1 that he isn't in Vegas this weekend as he had said he would.
Shit, competition is finally here.
Hunterhill
Hold up, people voluntarily go to Wisconsim more than once? Amazing.
I spent a week in Wisconsin one night.
Don't teach an alligator how to swim.
AnGurman12
this is great. thanks for sharing..
MrV
I wish more people would post their stores of traveling cross country and not getting pulled over. This thread has made me overly paranoid and that my bankroll has a 99% chance of being stolen by cops before I get to Vegas The only trouble I had with cops during my months-long cross country jaunt happened at Hoover Dam. I was following a couple of 'long hairs' I'd met at Grand Canyon Village, en route to see Las Vegas for the first time. We stopped and parked on the road over the dam, took the tour, then cooked our dinner (Dinty Moore stew) in the back of their van, using Sterno. After dinner we used our jugged water to clean the cook pot and our plates, and the greasy water ran off into the gutter. That's when the Dam Cop showed up; he didn't like it one bit. Said he'd arrest us if we didn't take the shirts off our backs and mop up our soiled water in the roadside gutter. When we finished he warned us never to come back. What a douche.
'What, me worry?'
billryan
Having a female dog that's in heat in the car will defeat any drug sniffing dog. mamat
Helpful hint #6H.
Thanks for this post from:
My 2 cents:
(1) If traveling by car with a lot of money. Hide it in about 5-10 different places in the car. (2) With a bankroll over $2K, I would never have all of it in the same place (Think - car accident & fire). If you get over $100K, I would never have more than 1/3 in one bank/location. Multiple banks, stock accounts, safe deposit boxes, etc.. (3) Open a bank account. DO NOT put more than $5K cash in it..unless you put cash in slowly. Don't do a lot of cash deposits & withdrawals. That got one of my bank accounts (and credit cards) closed (and happened to a friend also). (4) Once in Vegas, open a bank safe deposit box. Sometimes with enough money in an account, the safe deposit box is free (Mine at Chase is free with $15K.) Of course the 15K could be earning 1-1.5% annual interest at GoldMan Sachs or in a CD (or 10-15%/yr in the stock market). (5) Romes has good chip buying suggestions. When first buying in, go to roulette or baccarat or some ploppy game, get chips there. Come back a later trip to play BJ. Maybe even take a few trips to buy up chips. Bacarrat is nice because people often buy chips & then just watch the game for 15-30 min waiting for the right time to play .. and move between crowded baccarat tables. People at baccarat often buy in for more money too. I like to stick to blacks (some smaller casinos - only greens, IMO 2x200 is too strong for El Cortez & Four Queens). I saw one guy attempt to play 3x75 on his first hand at the El Cortez, and the pit boss came running over like bat out of hell, pushed all the chips out of the betting circles, and said 'you can't play here' (wasn't a known player, pretty stupid for an AP also, if he was one, argued with the pit boss a lot). No purples or yellows (god forbid, browns or larger), so I like to avoid color-ups. I often say that 'I'm going to play at another table.' if they try to color-me up. Sometimes they refuse to let me leave the table..so I just color-up, and break-down at another table. However, I don't do $20K buy-ins, where walking with yellows and purples makes more sense. (6) Leave a reserve 'bankroll' which you don't touch (say $10K) in a interest-earning (at least 1%) savings account. Better yet, after you figure out expenses, save a 6-month to 12-month worst-case scenario in the 'never gamble, like ever, ever, ever bankroll' (7) In Budgets, add a 10% unexpected expenses category. (8) If you ever plan to play high-stakes slots, DO NOT get a players card. When you get a players card, you want to look like you drop $10K-100K/day. Helps you get $5K-15K/month FP. (9) Casinos may Google you. Make a convincing cover story on Social Media (aka Cook just moved to Vegas)..and DON'T blab about this on WoV. Invisible does not look good. Probably you want to look like a normal person with a job, or a rich kid (who can afford to play $20K/day). See how rich kids dress (e.g. they often don't tuck in their shirts). Watch the kids with the $20K-200K watches, see how they dress, and how they act. Not like card counter nerds who grew up working class. (10) I like Laundromat just east of Harrah's (forget the name, maybe 0.5 mile east). (11) Weeklies definitely have fees. Two I hear about last year were $185-200, about $200-$230 after fees. Never did run into the spa attendant who told me about the $200-400-600/month studios last year. Sorry. He works at the Bally's Spa (Free for Diamonds), but in my last few visits I never saw him (didn't write his name down or get contact info). In his 20s. Clean-cut caucasian. He lives at a $400/month studio in the mid-range neighborhoods ($200 was N Las Vegas rough neighborhoods, $600 was in better places). ----- Disaster strikes: There are ways to survive on less than $100 bankroll. (1) Food - the Harrahs Diamond lounges (have different hours and better/worse food - see other threads). I usually tip at least a dollar, depending on service. (2) Food - Six High-end lounges open 24 hrs (if you have proper high-level card, or **ahem** use other methods). Bellagio, Caesars Palace, Venetian, MGM Grand (if still open), Wynn (if still open), Cosmopolitan (heard about it, but haven't checked it out yet). Mirage is now closed. Caesars Palace cut back the food service to really lame stuff. In the beginning, maybe have a friend take you in as a guest. Learn how people behave there. Tip waiters well & get to know them. Many ages ago, I had a 'big player' friend take me into one area. He said don't worry about not having a card. If they don't know who you are, they don't know how BIG a player you could be, so they won't tend to bother you if you know how to act. (3) Making money - Lots of low-roller strategies (in & out of casinos). Which you don't need to learn with $61K bankroll. (4) You are welcome to PM me if you get in trouble. I don't live in Vegas anymore, but visit there a few times a year.
JohnnyQ
You know, I'm starting to get sick of all the sarcastic comments.
OK, perfectly understandable.
Quote: ZenKinG
I'm not a huge fan of banks and rather have cash on hand to play although I do use both and deposit and withdraw from time to time.
I'm not a huge fan of banks either. Fees, crappy customer service, etc. BUT, when they offer you a service that you need, and it is free, USE IT. I am simply talking about having a bank account in PODUNK and withdrawing money at a branch in VEGAS.Good luck to ya. It will be quite an adventure, and best not to have regrets on I coulda/shoulda later in life, right ?
You know the type always acting cool, Pretender;Take the risk or give up your cards, Pretender, Oh, Oh. - Iris/Avsec
Mooseton
I'll take that for $100. How to prove he made it on time though? Edit: Start packing ZK! Speedycrap: You have 24 more hours to respond or the bets off.
$1700, 18, 19, 1920, 40, 60,.. :/ Thx 'Do it again'. I'll try
beachbumbabsAdministrator
Thanks for this post from:
My 2 cents: (1) If traveling by car with a lot of money. Hide it in about 5-10 different places in the car. (2) With a bankroll over $2K, I would never have all of it in the same place (Think - car accident & fire). If you get over $100K, I would never have more than 1/3 in one bank/location. Multiple banks, stock accounts, safe deposit boxes, etc.. (3) Open a bank account. DO NOT put more than $5K cash in it..unless you put cash in slowly. Don't do a lot of cash deposits & withdrawals. That got one of my bank accounts (and credit cards) closed (and happened to a friend also). (4) Once in Vegas, open a bank safe deposit box. Sometimes with enough money in an account, the safe deposit box is free (Mine at Chase is free with $15K.) Of course the 15K could be earning 1-1.5% annual interest at GoldMan Sachs or in a CD (or 10-15%/yr in the stock market). (5) Romes has good chip buying suggestions. When first buying in, go to roulette or baccarat or some ploppy game, get chips there. Come back a later trip to play BJ. Maybe even take a few trips to buy up chips. Bacarrat is nice because people often buy chips & then just watch the game for 15-30 min waiting for the right time to play .. and move between crowded baccarat tables. People at baccarat often buy in for more money too. I like to stick to blacks (some smaller casinos - only greens, IMO 2x200 is too strong for El Cortez & Four Queens). I saw one guy attempt to play 3x75 on his first hand at the El Cortez, and the pit boss came running over like bat out of hell, pushed all the chips out of the betting circles, and said 'you can't play here' (wasn't a known player, pretty stupid for an AP also, if he was one, argued with the pit boss a lot). No purples or yellows (god forbid, browns or larger), so I like to avoid color-ups. I often say that 'I'm going to play at another table.' if they try to color-me up. Sometimes they refuse to let me leave the table..so I just color-up, and break-down at another table. However, I don't do $20K buy-ins, where walking with yellows and purples makes more sense. (6) Leave a reserve 'bankroll' which you don't touch (say $10K) in a interest-earning (at least 1%) savings account. Better yet, after you figure out expenses, save a 6-month to 12-month worst-case scenario in the 'never gamble, like ever, ever, ever bankroll' (7) In Budgets, add a 10% unexpected expenses category. (8) If you ever plan to play high-stakes slots, DO NOT get a players card. When you get a players card, you want to look like you drop $10K-100K/day. Helps you get $5K-15K/month FP. (9) Casinos may Google you. Make a convincing cover story on Social Media (aka Cook just moved to Vegas)..and DON'T blab about this on WoV. Invisible does not look good. Probably you want to look like a normal person with a job, or a rich kid (who can afford to play $20K/day). See how rich kids dress (e.g. they often don't tuck in their shirts). Watch the kids with the $20K-200K watches, see how they dress, and how they act. Not like card counter nerds who grew up working class. (10) I like Laundromat just east of Harrah's (forget the name, maybe 0.5 mile east). (11) Weeklies definitely have fees. Two I hear about last year were $185-200, about $200-$230 after fees. Never did run into the spa attendant who told me about the $200-400-600/month studios last year. Sorry. He works at the Bally's Spa (Free for Diamonds), but in my last few visits I never saw him (didn't write his name down or get contact info). In his 20s. Clean-cut caucasian. He lives at a $400/month studio in the mid-range neighborhoods ($200 was N Las Vegas rough neighborhoods, $600 was in better places). ----- Disaster strikes: There are ways to survive on less than $100 bankroll. (1) Food - the Harrahs Diamond lounges (have different hours and better/worse food - see other threads). I usually tip at least a dollar, depending on service. (2) Food - Six High-end lounges open 24 hrs (if you have proper high-level card, or **ahem** use other methods). Bellagio, Caesars Palace, Venetian, MGM Grand (if still open), Wynn (if still open), Cosmopolitan (heard about it, but haven't checked it out yet). Mirage is now closed. Caesars Palace cut back the food service to really lame stuff. In the beginning, maybe have a friend take you in as a guest. Learn how people behave there. Tip waiters well & get to know them. Many ages ago, I had a 'big player' friend take me into one area. He said don't worry about not having a card. If they don't know who you are, they don't know how BIG a player you could be, so they won't tend to bother you if you know how to act. (3) Making money - Lots of low-roller strategies (in & out of casinos). Which you don't need to learn with $61K bankroll. (4) You are welcome to PM me if you get in trouble. I don't live in Vegas anymore, but visit there a few times a year. This post should be printed out and framed by anyone learning AP (which is why i quoted it). Very generous of you to give such useful advice, mamat!
If the House lost every hand, they wouldn't deal the game.
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