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DFW: 'I had a little beef with the Palms'

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11/19/12 5:18 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Jack_Bauer 22 Member Since: 4/13/11 Posts: 562	Maybe he just wants to hold his fights at a venue where he doesn't have to worry about the casino possibly cutting his celebrity guests' credit limit in half when they come to the casino to watch the fights? You have ignored this user.

11/19/12 5:26 PM

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MarcusRenatoBlackBelt

Member Since: 12/3/11
Posts: 1941

CindyO -
MarcusRenatoBlackBelt - Real professional from Dana White. Mixing the UFC's business with how he is treated on the Casino floor is not only pathetic but unethical as the President of The UFC. Can you imagine Bud Selig or Roger Goodall doing this? EmbarASSing

Can you imagine Bud Selig or Roger Goodall doing this? EmbarASSing

Can I see them tipping like DW does? No. In fact, I can't see either of them doing for the fans what DW does, can you?

Cindy

I'm pretty sure he tips those people FOR HIS OWN EGO and not out of care or for an understanding of the services provided. He over-tips because he has a massive ego and mental imbalance.

11/19/12 5:30 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
UGCTT_I Got Fitched Up Member Since: 5/13/11 Posts: 14721	^^^^ Dude you were just unfrozen. Why are you such a glutton for punishment? Clearly you should use your psychotherapist skills to look at yourself as you bash everything and everyone. Low self esteem much? You have ignored this user.

11/19/12 5:39 PM

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Goderson Silva

Member Since: 11/17/11
Posts: 3440

Leghound -
MarcusRenatoBlackBelt - Let me explain why cutting the credit line when someone is winning happens.... You bet small like $50 then but 75 then 100 and double the bet 200 400 800 1600 and keep doubling the bet .... they don't like to see that as it cuts down on the vig , or odds of the game.

You're saying the odds change as the bet size increases? What?

yes they do, you double up everytime and you're going to win once out of so many hands FACT. You just need a lot of money to do it.

It's called the "Martingale" strategy iirc.

11/19/12 5:44 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Goderson Silva Member Since: 11/17/11 Posts: 3441	I used to do it at my local casino but with black/red on the roulette then after a few big wins they changed the tables to $10 minimum on a color instead of $1. You have ignored this user.

11/19/12 5:51 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Bucephalus 537 Member Since: 10/22/12 Posts: 517	BaraoKix - Takes ball, goes home Damn straight... even if you can only understand it in terms of a child's mind. You have ignored this user.

11/19/12 5:52 PM

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GTFOOHWTBS 99 The total sum of your votes up and votes down

Member Since: 5/8/11
Posts: 540

crumbs -
MarcusRenatoBlackBelt - Real professional from Dana White. Mixing the UFC's business with how he is treated on the Casino floor is not only pathetic but unethical as the President of The UFC. Can you imagine Bud Selig or Roger Goodall doing this? EmbarASSing

well seeing as MLB/NFL dont use casino's as venues, no i dont see them doing this, however i do see them passing on a city/stadium for expansion if they are treated like shit.

Casino's have no problem with you loosing all your money to them, but throw a fit when you win, that is unethical.

i know people thinks its cool to bash everything Dana does, but i see nothing wrong with this move, if Dana isnt treated good, they why would he expect UFC fans to be treated good by the Palms. The Palms dont give a shit about being ethical, they wont stop the father of a family gambling his food money away, but will stop someone from winning money legit and fair.

Being a gmabler I agree with this completely. Respect goes both ways.

11/19/12 5:52 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Bucephalus 537 Edited: 11/19/12 5:52 PM Member Since: 10/22/12 Posts: 518	MarcusRenatoBlackBelt - I'm pretty sure he tips those people FOR HIS OWN EGO and not out of care or for an understanding of the services provided. He over-tips because he has a massive ego and mental imbalance. lol.. You are such a little cunt. You have ignored this user.

11/19/12 6:01 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
Goderson Silva Member Since: 11/17/11 Posts: 3442	Ya Mon - He spends close to 400k a month on steak at one restaurant? 4.8M a year on dinner? So depressing :-( And i bet every single penny of that came from the casino You have ignored this user.

11/19/12 6:04 PM

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MSH

Member Since: 2/5/06
Posts: 325

MarcusRenatoBlackBelt -
CindyO -
MarcusRenatoBlackBelt - Real professional from Dana White. Mixing the UFC's business with how he is treated on the Casino floor is not only pathetic but unethical as the President of The UFC. Can you imagine Bud Selig or Roger Goodall doing this? EmbarASSing

Can you imagine Bud Selig or Roger Goodall doing this? EmbarASSing

Can I see them tipping like DW does? No. In fact, I can't see either of them doing for the fans what DW does, can you?

Cindy

I'm pretty sure he tips those people FOR HIS OWN EGO and not out of care or for an understanding of the services provided. He over-tips because he has a massive ego and mental imbalance.

Who cares why he tips? WTF is wrong with you?

11/19/12 6:06 PM

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JetSetter

Member Since: 10/21/06
Posts: 559

Facts:

Dana did hit the Palms for a lot of money.

The Palms also had a bad run with a couple other Dana size players that put them in a bad spot financially.

Palms Casino is an independent. When high rollers hit them for big money it has a dramatic affect on their business. Unlike MGM properties that can lose $3 million to a whale one night and not blink an eye because they have 15 properties and there in NO WAY all 15 are losing at one time. The odds are in their favor in a BIG way. The Palms can get crippled by a couple big loses and they did.

Palms Casino did in fact cut Dana's credit and he told them to fuck off and took his business elsewhere. The main reason this happened is because George Maloof, the original President of the Palms has been reduced to an employee and has to answer to a new President since the MALOOF family only owns 2% of the Palms now. Had George still been in power there is no way Dana would have been mistreated. Phone Post

11/19/12 9:29 PM

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twizzle97 5 The total sum of your votes up and votes down

Member Since: 7/18/03
Posts: 2591

I used to work in surveillance at a casino, and counting cards was looked at as illegal on the property, even though it is not illegal.

If you are good at it, you increase your odds dramatically, so the casinos hate that. Known card counters are banned from many casinos.

More than likely, Dana got good at it. It isn't cheating, but is definitely not wanted by the casino for obvious reasons.

11/20/12 12:28 AM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
ortoPsy Member Since: 4/24/12 Posts: 153	plenty more casinos in the sea You have ignored this user.

11/20/12 12:31 AM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
The Cooler Member Since: 11/21/11 Posts: 404	DFW truly is a Renaissance man. From professional fighter with an incredible record and wins over some of the biggest names in Boston to unbeatable gambler. I know how he feels though...once in 'Nam I tried to hire a prostitute but she said my dick was just too god damn beau coup. It's hard being so fucking great. You have ignored this user.

11/20/12 4:21 AM

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crunchysavior 15 The total sum of your votes up and votes down

Member Since: 11/9/09
Posts: 1133

twizzle97 - I used to work in surveillance at a casino, and counting cards was looked at as illegal on the property, even though it is not illegal.

If you are good at it, you increase your odds dramatically, so the casinos hate that. Known card counters are banned from many casinos.

More than likely, Dana got good at it. It isn't cheating, but is definitely not wanted by the casino for obvious reasons.

If he likes BlackJack, I'm sure he knows some basic counting methods. That doesn't mean he always employs them, or even employs them properly.

Counting cards only increases your odds of winning to about 51-52% unless working in teams or being able to jump in mid deck with a favorable count. Statistically, you will most likely have to work thousands upon thousands of hands to finally realize your advantage and gain any sort of traction against the casino.

11/20/12 9:20 AM

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Goderson Silva

Member Since: 11/17/11
Posts: 3459

crunchysavior -
twizzle97 - I used to work in surveillance at a casino, and counting cards was looked at as illegal on the property, even though it is not illegal.

If you are good at it, you increase your odds dramatically, so the casinos hate that. Known card counters are banned from many casinos.

More than likely, Dana got good at it. It isn't cheating, but is definitely not wanted by the casino for obvious reasons.

If he likes BlackJack, I'm sure he knows some basic counting methods. That doesn't mean he always employs them, or even employs them properly.

Counting cards only increases your odds of winning to about 51-52% unless working in teams or being able to jump in mid deck with a favorable count. Statistically, you will most likely have to work thousands upon thousands of hands to finally realize your advantage and gain any sort of traction against the casino.

He does the martingale strategy which is why they put a limit on how much he can bet Phone Post

11/20/12 1:03 PM

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crunchysavior 15 The total sum of your votes up and votes down

Member Since: 11/9/09
Posts: 1135

Goderson Silva -
crunchysavior -
twizzle97 - I used to work in surveillance at a casino, and counting cards was looked at as illegal on the property, even though it is not illegal.

If you are good at it, you increase your odds dramatically, so the casinos hate that. Known card counters are banned from many casinos.

More than likely, Dana got good at it. It isn't cheating, but is definitely not wanted by the casino for obvious reasons.

If he likes BlackJack, I'm sure he knows some basic counting methods. That doesn't mean he always employs them, or even employs them properly.

Counting cards only increases your odds of winning to about 51-52% unless working in teams or being able to jump in mid deck with a favorable count. Statistically, you will most likely have to work thousands upon thousands of hands to finally realize your advantage and gain any sort of traction against the casino.
He does the martingale strategy which is why they put a limit on how much he can bet

You could be right, but I sincerely doubt that he's employing the martingale strategy unless his maximum table limits were removed or are very high for some reason.

I know that casinos will raise maximum table limits for high rollers, but I would think that the casino would notice if one of their high rollers was using martingale and not grant them that permission.

I'm thinking that what one of the previous owners said is more likely. The Palms new backers (TPG Capital, Leonard Green) probably either put a dumbass in charge over there, or a mandate to cut down their financial exposure or operating costs. Hence, we get whale's credit lines cut down. It seems pretty retarded to me, as the casino will eventually recuperate at least most of it's money from the whale, and most likely all his money too.

11/20/12 11:19 PM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
benkordus 15 Member Since: 9/20/12 Posts: 9	Blue names, a little help if you will. I think this should be the cover to this story: [img]http://i.imgur.com/KrdfL.jpg[/img] You have ignored this user.

11/21/12 12:06 AM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
WoodenPupa 62 Member Since: 7/24/02 Posts: 7211	I'm told that the name will be changed to the Qualms in order to really rub it in. You have ignored this user.

11/21/12 2:12 AM

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rbl 48 The total sum of your votes up and votes down

Member Since: 1/1/01
Posts: 4098

6ULDV8 -
They're crazy.

The odds state pretty clearly that hot streaks end and if they waited him out they'd have kept his business and gotten all their money back with change.

It was their decision to make, so whatever.

I was thinking about this... If he was playing blackjack it would make sense, if the deck's hot the player will raise his bets a lot, and if he's a good enough player and the limit is high enough he can get an edge. If it's possible to count the minimum and maximum are a big deal. Phone Post

11/21/12 3:55 AM

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rbl 48 The total sum of your votes up and votes down

Member Since: 1/1/01
Posts: 4099

Glovegate -
BKViper - Idiots. Got what they deserve.
Whales always win big and eventually lose big, and keep playing no matter which side they are on at a given moment.
Combine that with his generosity and the business connection, they were down right retarded to do this to him.

Sorry not to be rude but you think they don't know this?

It's more likely that the reason Dana gave simply isn't true and he made it up to save face. "Oh yeah, I kicked their asses blah blah." Sounds like something a teenager tells his buddies later after he gets punked out by someone.

Some people are so deluded, they think there's such a thing as a good gambler. It's all luck and it's all stacked in the casino's favour. The house always wins, that's how they're still in business.

Not true if you can negotiate to play with certain modifications to the game, like huge bet limits and limited decks. In trying to lure in big players the house will give up parts of it's edge. Phone Post

11/21/12 4:11 AM	Ignore \| Quote \| Edit \| Warn Admin \| Vote Down \| Vote Up \| Delete Post
dannyapodaca Member Since: 1/31/07 Posts: 1313	Geez I can't believe the shit that comes out of Dana's mouth. Convenient that he knows there's only going to be his side to the story. I was winning to much haha!! You have ignored this user.

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