Tag: gambling

Tempting, if I knew how

~ dannyhong ~ Leave a comment

I don’t really know shit about stocks.  I know the general basic concept of buying shares when you can afford to purchase them, and then it’s a waiting game of hoping they rise and not fall, and if they do fall, sitting on them until they can hopefully rise back up.  And then you sell them, hopefully for more than what you paid for them.

Regardless of my general lack of knowledge, I’m absolutely fascinated with stories about the stock market, whether they’re films like Boiler Room or The Wolf of Wall Street, or numerous books written by Michael Lewis who seems to have a niche writing about stock market stories and/or gambling, but I guess in a way the stock market is basically like gambling, and gambling is something that I do enjoy doing myself, which probably explains why I’m so easily fascinated by stories about the stock market.

The thing is, despite my general fascination of the stock market, I don’t even have the slightest clue to dipping even a toe into the pool.  Supposedly, I could get on apps like Robin Hood or set up an account with like eTrade or some other service, but like I said, I have no idea.  Furthermore, I often ask myself if this is the kind of rabbit hole I even want to explore going down the first place, because as I said, it’s basically gambling outside of a casino, and I’ve most certainly done my share of losing money in a casino, so it might not be such a great idea to put myself in a situation where I can lose it outside of one.

If I were single and without children, the circumstances would probably be different to where I might feel inclined to try, but my life in general these days is more than just myself and I always have to consider that, so in spite of my temptation and curiosity, the likelihood of me actually partaking in it is pretty minimal.

Regardless, it’s hard to not be fascinated, curious and of course tempted, when hearing of the wacky hijinks of the internet where from what I understand, Reddit has basically colluded in a manner, to seemingly artificially inflate the price of GameStop stock, to where it start off at worthless, but has ballooned up like 140%, and people are literally making large returns on investment in quick in-and-outs. 

There are numerous people that I know that are buzzing about it, and have put some skin into the game, and I’d definitely love to be among them, but like I said, I don’t feel like I’m really in the position to be as flippant with my money, and that’s coming from someone who spends hundreds of dollars on replica wrestling blets, but more importantly, I don’t want to create a habit or become addicted to it, because I love winning, I hate losing, and I’m not saying that I’ve ever had any inkling of a gambling problem, but I’m also not able to access Las Vegas every day.

But damned am I fascinated by it all, and tempted if the circumstances were different, because it literally seems like a really easy way to make some real quick and thrilling scratch if I just ponied up a little start-up capital and pulled out quickly.

Sounds like a Clemson grad

~ dannyhong ~ Leave a comment

The importance of an education: unknown man wagers $8,600 on #1 ranked Clemson vs. negative-ranked Syracuse . . . on Clemson to win.  And at -100,000 odds, the payout on Clemson’s inevitable victory would be an $8.60 payout

Either this person is a Clemson homer/grad, and/or they really don’t understand how sports betting works.  And/or they are just dumb.  Most likely all of the above.

Honestly, before I clown too much on this guy, I’ve kind of been there before.  Betting on sports isn’t as cut and dry as it is amongst casual friends, where everything is a pretty straight up bet.  But to do it on a book, it’s vastly more complicated, and usually involves match-ups that aren’t so overwhelmingingly favored in one direction as it was between Clemson and Syracuse.

In 2005, I felt really good about the Washington Redskins’ chances against the Seattle Seachickens in the playoffs, as the Redskins were riding momentum, and the Seahawks were going to be without Shaun Alexander when he was still good.  I actually called up a sports book that I’d been hearing advertised on television, and whereas I thought it would be as simple to just say I wanted to put $50 on the Redskins, I quickly learned that it’s vastly more complicated.  Such as money lines, spreads and partial games, but ultimately I went with the straight money bet, since that’s all I wanted, and I stood to make like $75 if the Redskins were to pull off the upset.

Naturally, I lost, because , because the Redskins are the Redskins and I’ve literally never won a sports bet in my life, but I learned a little something about sports betting that evening.  Mostly, that it doesn’t really have any meaning unless the matchup is remotely competitive, which is something that pretty much any college football game featuring Clemson is not, to the point where lots of books won’t even offer straight money bets on Clemson, because they win every game by like 40 points, and they don’t want to pay $8.60 to the 400 oafs who take the sure-lock bet, because that’s still $3,400 they lose, even if it would have netted them $3.4 million if the upset were to occur.

I get it though, kinda.  This loser with $8,600 to blow wanted to boast about how much they gamble, and conveniently leave out the fine details, like how they’re betting on the best college football team of the last decade, against a school that’s more known for basketball than football.  They brag to their friends and over social media about how much money they’re risking, and when they inevitably win, they’ll brag about winning, but fail to mention the odds or how minuscule risk there actually was.  If it’s not stupidity, then it’s all a really excessive effort dog and pony show for the internets; which still makes it stupid.

The only true justice is if and when one day, Clemson actually gets upset by an actual scrub.  And in all fairness, one of the last times that actually happened was against Syracuse a few years ago, but that was also before Trevor Lawrence.  But hopefully, one of these days, this particular guy, or anyone like him, when it occurs, the internet is ready to identify, ridicule and meme-ify them to the rest of the world.

Greatest or not, Jeopardy James changed the game

~ dannyhong ~ Leave a comment

Man, that was some good Jeopardy! last night.  I felt like a black guy watching the NBA slam dunk contest at certain points of the consecutive matches, like whenever any contestant went all-in on a daily double or Final Jeopardy and got the question right.  And to think there are several more nights of this, I think it’s safe to say that there are at least two more solid nights of some solid Jeopardy! entertainment to be had.

Ken Jennings may have taken the first win of Jeopardy! GOAT tournament, and could very well  win it all; but I think it’s safe to say that when the smoke settles “Jeopardy James” Holzhauer is still the one who really changed the game.

It didn’t take a lot of time to see that from the very start, the contestants started with the high-dollar answers, a staple of the Holzhauer tactic, with the ultimate objective being finding the Daily Double(s), and then going all-in to either run away with the game, or crash and burn trying.  This was definitely not something that either Ken Jennings or Brad Rutter did in their previous runs, but by virtue of Holzhauer standing at the podium next to them, forced them to adapt.

Basically what it boils down to is that if you don’t play like Jeopardy James, there’s little way to actually beat Jeopardy James.  Contestants are forced to clear the Daily Doubles and wipe out all of the high dollar answers so that he can’t build any bank, because he’s so good at the game that he can win any game where he’s capable of remaining in striking distance.

Both Jennings and Rutter played a Holzhauer game where they sniffed out all the high dollar questions first, and unfortunately for Jeopardy James, between the two of them, they basically found every single Daily Double in the two matches of the night.  Rutter, who was there solely on his legacy from 19 years ago, found 3-4 of them, and blew it and zeroed out each time, and it’s painfully evident that in spite of his imprssive lifetime earnings through Jeopardy, he really has no place being in this tournament today.

It was a clear two-horse race between Holzhauer and Jennings; I think most assumed that would be the case from the start.  But even Jennings admit to being out of his comfort zone when he bet his entire 3,800 on a Daily Double, and you could see the immense relief in his face when he happened to get it correct.  But it no more clear the importance of playing like Jeopardy James than in the first match’s Final Jeopardy where all three contestants going all-in on their wagers, with Jennings getting the win solely based on him building a strong lead in the first two rounds.

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Not surprising, but still sad

~ dannyhong ~ Leave a comment

I found out recently that the Hooters Casino & Hotel in Las Vegas is going under, and I can’t help but feel a little melancholy at the thought of that.  It was definitely not the most glitzy and must-see destination of all of the Las Vegas casinos, but it was still one of the casinos that seemed like it might actually have some staying power, based on its fairly decent location at the south end of the Strip and just the general fact that they were Hooters, a company powered primarily on one of the staples of Las Vegas’s commerce: boobs.

Then again, the south end of the Strip hasn’t always been that advantageous, especially looking at the sad state of properties like the Tropicana, Excalibur, and the revolving door of identities that Hooters was before it was Hooters, and it shouldn’t be that big of a surprise that even the mighty titty-centric Hooters is even failing.  Especially considering that in comparison to the many casinos that employ go-go dancers and lingerie dealers, Hooters’ signature uniforms have become somewhat tame and daresay conservative, and their business model has grown stale in a city that’s always changing, in the name of making money.

It was a few years ago in which I went to Hooters last, when mythical wife was still mythical gf and it was her first trip out to Las Vegas ever.  We were staying at the neighboring MGM Grand, so we wandered over to Hooters, just so she could get the full gamut of casinos, seeing as how the night prior, we had wandered around through bougie joints like the Cosmopolitan, Aria and City Center, so now it was an opportunity to see some of the more tired and less-than-glamorous joints.  And walking into Hooters, it was the very definition of tired and defeated, with carpets that looked like they haven’t been changed since 2000, the odor of stale cigarettes, defeat and desperation, and barely any dealers working the floor.  Granted, it was a little earlier in the day, but it was still kind of a reminder of the harsh reality that not everything in Las Vegas is glitz and glamour.

Ultimately, it’s of no consequence to me that Hooters Casino & Hotel is getting shut down, because I’ve only ever stayed there once, and I don’t always go there whenever I go out to Vegas.  When the day is over, the emotion I feel is mostly based on the simple fact that it’s a change to something that I’d grown accustomed to, and there’s no secret that change itself is one of the chief evokers of emotion these days.

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Honestly, this fight is probably going to suck

~ dannyhong ~ Leave a comment

Anyone who likes sports in general would had to have been living under a rock if they didn’t hear about the year-plus of build-up that has finally culminated in an official set date for the next fight of the century, pitting MMA superstar Conor McGregor against Floyd “Money” Mayweather.

Let’s be real here though, the buildup was everything, will continue to be everything as we’ve still got nearly three full months until the match itself, and said match itself will be the most disappointing part of this entire saga.  Basically, this is kind of like a slightly watered down version of Mayweather vs. Pacquiao all over again, except McGregor is a way more entertaining shit-talker and as colorful and flamboyantly outspoken personality as Mayweather himself.

But the result is going to be the same, and that, I would actually wager money on: Mayweather will win via decision after 12 rounds.

As much trash Mayweather spouts, it’s kind of laughable that his boxing style revolves almost entirely around defense, dancing around for 36 minutes and occasionally landing a jab only after he’s 100% certain it will hit after endless time spent observing and circling, instead of actually boxing.  He spends 36 months talking shit, and when it comes time to throw down, he always turtles up and waits for his opponents to make the first moves before methodically playing the counter attack game all the time.

I mean really, the guy is 49-0 where 23 of them came via decision. 

“I’m gonna defend myself against you to death!” 

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Photos: A tiny Vegas trip

~ dannyhong ~ Leave a comment

Literally, two weeks ago, a close friend of mine messaged me out of the blue to tell me that she was getting married in Vegas.  Initially, she assumed I was already going to be in Vegas because of Otakon Ve(r)gas, but pffh I don’t don’t really go to conventions anymore, much less the ones run by friends.  I had no intention of going out to Vegas for OV, but to be there for a good friend’s wedding?

Not to mention an Elvis wedding?  Totally worth it.

Thankfully, I was able to find some reasonable travel and lodging accommodations, and was able to make it out to Vegas this past weekend, in spite of the last-minute nature.  The wedding itself was everything I thought it would be; short, succinct and to no real surprise, the Elvis impersonator himself was really mediocre.  He didn’t do the voice, barely any mannerisms, and nary was there more than like two lip curls.

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For once, I agree with the Mayor

~ dannyhong ~ Leave a comment

In short: the idea of an Atlanta casino has been planted, but Atlanta Mayor Kasim Reed is reluctant about it, in spite of differing, majority opinion.

I’ve already said that I am on the side of the fence that is against the idea of an MGM casino in Atlanta. I’m actually kind of surprised that that opinion is kind of echoed by what the mayor feels about it:

“I’m not there on gaming at all. I believe Las Vegas is in Las Vegas for a reason,” the mayor said. “I just have real issues setting a facility in Atlanta where working folks get off work and walk into a gaming casino.”

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