I had a win/loss record from a casino .They are not accurate at all. Can they omit certain months or details to make it look a certain way.Do they need to be up to the last month or Is it yearly ? Mine was yearly.
From my experience they can be wildly off, especially if you buy-in with chips. Do you play unrated...it makes your rated total incorrect, do you rathole, it makes your losses bigger, did you have to come in with some chips out of your pocket while someone else walks off with chips...it makes your win bigger. The IRS does not consider casino win/loss statements to be of very much value because they are not particularly accurate. Everything can be manipulated to your benefit if you know all of the tricks.
I know a guy who works in management at a casino. They came to him and said they were worried about some old lady that came in every day to play BJ. She bet like $10 a hand and was lifetime winner +60k. They wanted to bar her. He said, this is not possible. After some investigation he found that (for reasons I don't understand) all unaccounted for chips were being added to her lifetime win. So 2 or 3 months missing is no surprise.
BJA is quite correct. If they're busy, they don't even bother putting in your buyins after the first time. At least that has been my experience in AC. I've waited at tables for 1 hour even before they put in my initial buyin.Originally Posted by blackjack avenger
An acquaintance of mine received a won/loss statement showing a profit of 1.4 mil. Management took the position that their figures were correct. He eventually corrected the situation, but he had to retain professional assistance to resolve the matter. He never did receive an adequate explanation regarding the obviously faulty statistics. Strictly a slots player.
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