Royal Panda roulette

Author Topic: I am playing with this idea  (Read 8424 times)

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DrTalos

I am playing with this idea
« on: March 26, 2018, 10:16:25 PM »
I talked with a couple of guys (and my attorney) about a project that can become reality, if everything goes smooth and I could collect enough datas.
  My idea is to open a company and sell shares of it, and use those resources and some partners to move my "business" a little forward.
  As a public company, I will be protected on the 2 most important aspects (for my point of view): the possible retaliation from Casino and the protection of my Bertrand.
  My attorney told me that a system cannot be considered illegal in any way, not like devices or tools often uses to detect biases or defects on the wheel, or even to merely calculate odds, so if a casino get upset for taking out some of their money we have enough to at least counteract that.
  I need to register my way of playing, so to make anyone playing with it to sign a non disclosure agreement, a non infringement copyright whatever (sorry, the legal term is not on my hands yet).
  My idea is to hit a casino in 2/3 people, hit hard with 20/25 dollars chips, and bring home 10/15 thousand dollars a day. With people getting confident with it I plan a lot more. This means I have to pay taxes on those winning, and after that all shareholders will get their slice accordingly.
 
As you can see I am at the very first stage of this idea, so every advise, warning, suggestion is very welcome. I am sure I will receive also some harsh words for this, and sarcasm, but I am ready for this.
 
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Reyth

Re: I am playing with this idea
« Reply #1 on: March 26, 2018, 10:24:42 PM »
As much as I would like to be a 2/3 people, it just isn't practical for me to play on an American wheel at a casino that is 20-30 miles away and still work a full-time job.

So my role will have to be as a shareholder and I am looking forward to learning the share price. :)
 

Scarface

Re: I am playing with this idea
« Reply #2 on: March 26, 2018, 10:47:27 PM »
Personally, I would not bother with a company so you don't have to return money to shareholders.  Not to mention the legal expenses.  $10,000 in startup money can turn into over a million with only a 10% return in just 50 visits  :)
 

DrTalos

Re: I am playing with this idea
« Reply #3 on: March 26, 2018, 11:03:49 PM »
Well Reyth, I am way far to that point, if I will ever reach it.
 
 
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GIAJJENNO

Re: I am playing with this idea
« Reply #4 on: March 27, 2018, 12:10:55 AM »
What is the concept of the whole thing? Wherewith you want generate a daily thousands of dollars in casino with people? With your system?
 

cht

Re: I am playing with this idea
« Reply #5 on: March 27, 2018, 01:13:15 AM »
How will you know how much your players win or lose at the casino if you are not there while they play ? They can report to you fictitious numbers.

Even with nda,  how can you prove this particular member violated to share it with someone else ?
 

kav

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Re: I am playing with this idea
« Reply #6 on: March 27, 2018, 01:19:40 AM »
I believe it's a good idea.
In fact, many financial companies and hedge funds do not much more than gambling.
 

DrTalos

Re: I am playing with this idea
« Reply #7 on: March 27, 2018, 01:55:03 AM »
Cht, I know exactly how many units per hour my system gains. And I will always present.
  Sure, there is risk to find a cheater, but I do not thnk they will risk a legal cause putting at risk what they gain inside the "company". This is meant to profit way more than what a single player can get by itself.

 

scepticus

Re: I am playing with this idea
« Reply #8 on: March 27, 2018, 02:39:51 AM »
I'm with scarface on this .
 I think an aim of 10 / 15 thousand dollars A DAY is fanciful.  Casinos would soon detect such an amount --even spread over 3 locations.  Casinos can bar anyone - right reason or none - legal or not  and I am surprised that neither you or your are aware of this.

Sorry to pour cold water over the idea. Perhaps you could consult  our  resident casino employee about this - Real   ;D
 

cht

Re: I am playing with this idea
« Reply #9 on: March 27, 2018, 02:56:06 AM »
You can win 10-15 thousand and more everyday if you play baccarat manual tables.
 

MickyP

Re: I am playing with this idea
« Reply #10 on: March 27, 2018, 04:37:27 AM »
I like the idea. Do some AP not do this already (the illegal way)?
RIGHT OF ADMISSION RESERVED is an open ended clause for any company to restrict or refuse entry to patrons but why give up before you start?
I would suggest building the company by starting with smaller win goals and not playing every day at specific times. Play should be random with a weekly set goal. Play should also occur at several different casinos owned by different companies and location should be changed periodically. By spreading casino losses you may not be seen as a threat to the industry. It could or may appear normal to them.
A great challenge. I wouldn't mind being part of history in the making.

 

DrTalos

Re: I am playing with this idea
« Reply #11 on: March 27, 2018, 12:09:55 PM »
MickyP, this is exactly the reason of this idea. I want some people with me because the only way this could work is to go like two weeks in Vegas, work few hours in a casino, grab some thousands, and move to the next. Will be way more fun and profitable. The next month will be in AC, or in Connecticut.
  All this travels and stays are on the company, so the taxes. The rest is for shareholders, and because I will have a big slice of it, I will have enough money to be happy if some money goes to others, especially people with me in the trip.
  Yes, they can close doors to people, but you need to provide them a reason. Winning, if not made with illegal tools, is not enough. They can sure accept few thousands out of their daily profit, I am sure. If not, there are hundreds casinos out there.
  Consider that my Bertrand can be played with all calculation made in your head, if you are trained enough.

Playing in three or four can also have the side effect to play with 100$ chips without crossing the table limit. When the game becomes tough, you have three player playing the game sharing the bet.
  And the hourly gain with 100$ is huge.

 
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scepticus

Re: I am playing with this idea
« Reply #12 on: March 27, 2018, 12:36:28 PM »
What do you mean, Dr Talos, by " I will have a big slice of it  ?
In real life gambling at roulette variance determines whether or not you will win so it is not possible to claim that you will ALWAYS have profitable sessions . Reality intrudes as any experienced Bettor -in any gambling field -knows.
Betting big ENSURES that casino staff- and other Bettors - can see bets being made. Talk of $100 bets making big bucks is obvious IF you bet the winning number/s. But individuals can do the same by themselves.
Who controls the company ? You. So you are asking others to trust you to be fair and yet you say you will have a big slice of it . How much of your own money  is being put into this venture ? Are you merely asking a slice of the profits for organising  it  - and OWNING the business ?
Investors beware !
 
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Fyodor

Re: I am playing with this idea
« Reply #13 on: March 27, 2018, 12:43:32 PM »
All of these expectations and commitments, by both the Author and the recipients (shareholders?), seems to overlook the most crucial aspect of such an enterprise.
There are no guarantees possible, regarding roulette, especially the 0-00 (38 pocket) American variety.
Irrespective of the size of the starting bank, the projected discipline required by a hands-on betting "team", and the (hoped-for) reliability of a "Bertrand" nothing can be written in stone.
I have never seen any convincing argument/debate on this subject, in any forum, ever!
The principle of "attacking" the Casino business model, with a players business model, has some merit, but there are so many conflicting operational hurdles, and independent personalities in the arena, that no workable consensus could ever be reached.
But, good luck with it all, and I hope you create a legendary precedent.

 

MickyP

Re: I am playing with this idea
« Reply #14 on: March 27, 2018, 01:30:29 PM »
Scepticus, maybe your 9 blocks (advantage included) will do the trick for your own business...lol...If anyone can understand a vague business plan.
Team up with Jesper and play the no zero games (double advantage).

On a more serious note;

DrTalos, what is your time frame to launch the business? How are you going to go about selecting your team? Team selection could make or break the project so your selection process has to be sound. Regardless of legal agreements you still have to be able to trust the members of your team. Can you place a worldwide restriction of trade clause on playing roulette in your contracts? I'm thinking along these lines because no legal document will stop a team member from selling your method and moving to a country with no extradition agreements in place. Much to consider.
I still like the concept.