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For the gambling fiends...

 
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is so delicious



Joined: 28 Apr 2009

PostPosted: Tue Dec 07, 2010 10:55 pm    Post subject: For the gambling fiends... Reply with quote

I have two coupons for roulette at Lucky 7 Casino. They are for 50,000W each. The way it works, apparently, is you bet 50,000 on roulette and the coupon is good for matching it. So your pay out is twice as much.

I'll sell them for 25,000W each or best offer. Even to me it sounds a little fishy and I'd be glad to sign something saying I will reimburse you if the coupons are not accepted. I post on here fairly often and am not a scam artist. They were given me by a regular at that casino who says he has used them before.

I figure if you're going to the casino anyway and plan on playing at least 50,000W on roulette, maybe this will work for both of us.
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samd



Joined: 03 Jan 2007

PostPosted: Wed Dec 08, 2010 5:27 pm    Post subject: Reply with quote

I think they work as a free bet. If you lose, you lose the coupon, if you win, you win 50,000.

Seeing as the odds on the outside bets on roulette are slightly under 50/50, 25,000won would be a losing price. Around 24,000 would be a break even price, and any less would be win/win for you both.
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is so delicious



Joined: 28 Apr 2009

PostPosted: Wed Dec 08, 2010 6:37 pm    Post subject: Reply with quote

samd wrote:
I think they work as a free bet. If you lose, you lose the coupon, if you win, you win 50,000.

Seeing as the odds on the outside bets on roulette are slightly under 50/50, 25,000won would be a losing price. Around 24,000 would be a break even price, and any less would be win/win for you both.


On the back it says: Place the same amount bet of the coupon value or more on 1-18, 19-36, even, odd, blak and red. If you win, payout is 1-1.

So my understanding is you have to bet 50,000 of your own cash on the roulette game... if you lose you lose your own cash, but if you win you win 150,000 instead of 50,000.

Oh, and I think I got the casino named wrong. There's a 7 in there... it's the one by Coex.
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Alphabet_Stew



Joined: 13 Jun 2010
Location: Earth

PostPosted: Fri Dec 10, 2010 4:06 am    Post subject: Reply with quote

I don't get it (being a roulette player myself).

You want someone to pay 25,000won for a coupon.

Then that person has to place 50,000won on a 1-18, 19-36, even, odd, blak and red. If the person wins, payout is 1-1

TOTAL = 75,000won (cash + cost of coupon).

If lose - LOST 75,000won
IF WIN win = 150,000won.


If the person wins - wouldn't they have won the 150,000won anyway if they had just placed 75,000 won on the square, without purchasing a coupon from you.

It seems the only person winning, is the person selling the coupons.
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is so delicious



Joined: 28 Apr 2009

PostPosted: Fri Dec 10, 2010 5:00 am    Post subject: Reply with quote

Yeah, I don't know. I don't know much about gambling. I saw it as basically doubling your bet with the casino's money/coupon value.

If it's a gyp, you'll get your money back. They were given to me and I don't really gamble. Maybe I'll go suck down some free drinks and see just what their dilly is.
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