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Old 04-19-2018, 10:06 AM   #51
Grid
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Quote:
Originally Posted by bojesphob View Post
Is it odd that I've NEVER gone into a casino and dropped more than 20 bucks in my life (I'll be 40 next year), yet I spend a BUNCH of money on breaks and retail boxes? LOL
To me, it is odd. Much like how hawkeyecards can often leverage his group breaks into a positive expectation, after figuring in his credit card points and ebay bucks, I too turn my gambling addiction into a positive one.

I'm much more widely known in the gambling world than I am in the sports card one. I run a gambling blog that gets a few hundred thousand hits.

Here is my last trip report, if anyone wants to read about Vegas.

https://sites.google.com/site/lvgrid...nter-the-night

I lose more then I win. No doubt. That is the math of the machines. If I go bust each day I'm staying on a comp, I'd lose $500 a day x 4 nights stay = -$2,000.

BUT, if I'm going on vacation any way, that $2K in expected losses nets me (based on my last trip above, but my averages stay true) 4 nights in a suite and more.

This trip I stayed in a 2 bedroom, 2 living room, full kitchen, bar & 4 bathroom wraparound balcony suite at the Cosmopolitan for free. That's a $650 per night room to the average person.

4 nights between 2 properties netted me nearly $1,800 in suites + a total of $1,175 in Free Play and $300 in meal credits.

I use that free play to offset my expected losses ($2,000 - $1,175 = -$825 out of pocket) all of our meals are free and obviously the room doesn't cost me anything. After flights, my family of 4 can stay a week for free in town, in the finest rooms, shows and experiences are free and the entire trip might be $1K out of my pocket.

And sometimes I win. Making all that truly free. And since future comps are based on past ADT, my next vacation is free as well!

If we went to Disney world instead, I'm dropping $3K easy for the same. In Vegas it is never more than $1K

So yes, breaking is a gamble and obviously gambling is a gamble. But when you hedge the system, both can work out well. But like most everything in life, nothing is ever a guaranteed ROI. But if you are doing something anyway (like gambling or busting wax) you can flip the returns to your advantage.
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Old 04-19-2018, 04:54 PM   #52
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Jesus—I remember when this was a hoppy—waiting for the cartel to muscle in pretty soon
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Old 04-19-2018, 06:22 PM   #53
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Rule #1 when entering a casino:

Do not whine if you lose.

Don't want to gamble your money? Buy singles. Everything else is gambling.
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Old 04-19-2018, 06:43 PM   #54
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Great story, Love Vegas! Out there every couple of months with the wife and kids. Usually at the Aria but still love it since my first trip in 2001.
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Old 04-20-2018, 07:56 AM   #55
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Great write up grid!
Love Vegas and trip reports.
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Old 04-20-2018, 11:10 AM   #56
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The breakers do....killing the wax part of the hobby for the average collector
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Old 04-20-2018, 11:32 AM   #57
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To answer the original question, the breaker always comes out ahead if they price everything correctly. As for the breakers, it depends, it is obviously a gamble, but paying for a specific PC team adds value in my opinion as opposed to getting a random team or paying for an expensive team hoping for the big hit. Personally I loved paying cheap prices for the Ravens this past year - I could be involved in many more breaks which increased my odds. For example, I bought into approx. 20 breaks of Flawless (so at $24 per, I'm spending $480 which is much less 1/2 the price of one suitcase - I was shut out entirely on 14 of those breaks, but the others landed me 2 Ed Reed autos /5 & /15, 2 Flacco patch autos /5 & /10, an Alex Collins ruby /15, and Ray Lewis 1/1 triple gems card - too me it was fun watching the breaks and I came out OK with value - even more so with a lesser priced products like Prizm & Select - just the numbered cards and rookies - I keep some for my PC and sell the rest to the local flea market guy to recoup a few bucks) It depends on how you do it - if you are looking to make money by breaking, good luck, it hardly happens whether its a group break or any other type break. But you get to meet other people and can see much more of whats out there and make trades/purchases for what you may or may not hit.
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Old 04-20-2018, 11:48 AM   #58
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Quote:
Originally Posted by iwinsnatch View Post
Great story, Love Vegas! Out there every couple of months with the wife and kids. Usually at the Aria but still love it since my first trip in 2001.
Same here! When we do Aria, and I have my kids, we usually end up taking the free monorail down to Monte Carlo (Now Park MGM) and we pretty much camp out at New York New York & Excalibur. The kids love it there, but Dad wouldnt want to actually stay there LOL

Quote:
Originally Posted by iwinsnatch View Post
Great story, Love Vegas! Out there every couple of months with the wife and kids. Usually at the Aria but still love it since my first trip in 2001.
Thanks! By now they are time capsules for my vacations. Its fun to read the older ones and see just how much Vegas has changed over the years.
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Old 04-20-2018, 05:33 PM   #59
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Quote:
Originally Posted by Grid View Post
Same here! When we do Aria, and I have my kids, we usually end up taking the free monorail down to Monte Carlo (Now Park MGM) and we pretty much camp out at New York New York & Excalibur. The kids love it there, but Dad wouldnt want to actually stay there LOL



Thanks! By now they are time capsules for my vacations. Its fun to read the older ones and see just how much Vegas has changed over the years.
And it's fun seeing how many points/tier credits you can accumulate and the way you can go about it. If you haven't stayed at the Sky Suites at Aria I highly recommend it... Used my brothers bachelor party as an excuse to push my mLife account to Platinum and haven't looked back. The free play/meals/rooms are all a bonus, I'm going to gamble anyway.
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