Posted on 10/06/2015 12:15:01 PM PDT by DUMBGRUNT
Theodore Whiting, the vice president of surveillance for MGM Resorts, told a grand jury that the chance of the group winning as much as they did amounted to roughly one in 452 billion.
Each of the men were indicted on dozens of counts of cheating at gambling and theft, according to Chief Deputy District Attorney J. P. Raman. But Cooper is expected to plead guilty to one count of felony theft.
Between July 2012 and July 2014, when the timing was right, Branco and Cooper conspired with Granito and Martin to pay off bets that never transpired,
(Excerpt) Read more at reviewjournal.com ...
Odds on craps are some of the best in a casino. There are some bad bets with 20% holds, but most craps bets are 2 or 3% with some odds bets paying even money.
Winning big, that is. Winning a little wont perk their interest.
“Odds on craps are some of the best in a casino.”
Sure, but they are still (with a few rare situational exceptions) under 50% odds.
Even with blackjack, if you bend the rules and count cards, you can only get slightly over 50% odds, and that is almost impossible to do nowadays.
The only thing I would play in a casino is maybe poker, because then you are playing against the other chumps, and the casino just takes a set portion of the pot. That’s about the only way you are going to get decent odds.
The House doesn’t cheat.
It doesn’t need to.
The House makes The Rules.
And The Rules always favor The House.
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