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Thread: Can anyone explain this to me?

  1. #105


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    Quote Originally Posted by Ryemo View Post
    You mentioned you thought $400 or $500 would be a fair price point... Ha! I can tell you that I've seen a small glimpse of what Colin goes through to prepare these boot camps. I would never waste my time for a measly $500/head. This is simple economics, no? Demand has to meet Supply.

    Here's what you may not know: Colin does not live in Vegas, so he has to fly into town and travel with many supplies for the boot camp. On top of that, he rents a large house for about a 5 day period, and the rent on that house is very expensive. Roughly about 2.5 to 3x more expensive than what someone might pay for a small apartment in Las Vegas for an entire month! Further more, Colin employs help. Yes, he employs people to help train. Colin cannot train 12+ people on his own! I'm sure he could, but it couldn't be done efficiently. There's 4 or 5 people who are ALWAYS at the boot camp to help train, and their labor IS NOT FREE. And only one of those guys live in Vegas and the rest live out of state. I imagine Colin would covers their travel expenses too. On top of that, Colin provides all of the boot campers with food on Day 1 and takes everyone out to eat on Day 2 after boot camp has concluded. So if you thought Colin is charging 3K per head and only teaching people +1 and -1 and that's it... then you are clearly not seeing the entire picture.
    Reymo, you never answered my question. I thought it was a good one. I’ll give you that my initial assessment of $400 to $500 was probably wrong, but this was all I was willing to pay for a class like this. I’ve said this many times. Colin has EVERY right to charge as much as he wants. It’s up to the consumer if he/she wants to pay his price. I choose not to. That is my right. Others have chosen to pay that price. That is their right.

    Now back to my question. At what price do you think Colin will be charging too much? Or do you believe it will be okay for him to charge $25,000 for a two day bootcamp? From a free market standpoint, I believe he should be able to charge as much as he can get away with. But from a business standpoint, I believe there will come a point where his price looks like he’s gouging people. Charging too much can backfire on him. It could be a windfall in the short term, but it could hurt his business long term. That’s why this thread was started...some were shocked at the price. I’m sure this is not the type of publicity Colin wanted for his bootcamp.

    As far as this bootcamp, I personally don’t know think it would bring me any value. I know their philosophy when it comes to AP blackjack. It’s 100% different than mine, and what is taught in most books. Have you listened to the Joe GWAE podcast? Have you been on their forum? THEY BELIEVE IN PLAYING AND BETTING WITH NO COVER. Their motto is “don’t fear the backoff”. It’s actually one of their Ten Commandments. They believe in blasting away until you get backed off...that there is always another casino down the road. They believe in a lot of travel, which is a must with this type of playing strategy. They don’t teach you “how to get away with it”, which is really the most important thing in card counting. Learning to card count is simple...learning to “get away with it” is hard.

    Personally, I don’t know why the course is two days since they don’t teach cover or playing strategies. I would think it should only last about 2 hours since it mostly involves networking and meeting Tommy Hyland. Most people who go to it already know Hilo anyway. People could just stop by and pay their $3K, get each other’s phone numbers, shake Tommy’s hand and be on their way. What am I missing?

    Btw, buying meals and supplying food doesn’t justify a $3,000 price tag. All that food might come to an extra $100/head. It surely doesn’t justify raising the price from $2,000 to $3,000.
    Last edited by Dbs6582; 01-12-2019 at 10:59 AM.

  2. #106


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    The amount you believe to be "too much" obviously varies person by person. For someone like me, paying even $500 would be too much, but that's because by the time I met Colin, I was already an established counter with a pretty big network. So for me, I would be just be experiencing the law of diminishing returns by attending his camp. But if I was a new counter with a decent size roll, no network and very little to no skills... then the 3K doesn't seem unreasonable anymore. In that case, it might be a pretty wise investment. So you can't slap a one-size-fits-all sticker on his product.

    "Have you listened to the Joe GWAE podcast? Have you been on their forum?"

    Yes and yes. Joe is a personal friend of mine and I am on their forum. I was well aware of Joe's story before his GWAE interview. My style aligns pretty similarly with theirs. Yours doesn't. Cool. End of story then. Boot camp would have very little value for you. Nothing wrong with that. Now let's move on.


    P.S. Your assessment about what their boot camp can offer you is still very misguided and wrong in my opinion. I'm not going to post an itinerary here, but I can say I think you're wrong. Unless you've attended or know somebody who has, then maybe you should keep your assumptions to yourself? Many posters (or ex posters) here love to deliver such strong opinions on matters they don't have the slightest clue about. It's kind of annoying and one of the reasons I don't post much here anymore.

    Anyway, I'm moving on. I've said what I felt needed to be said.

  3. #107


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    The charge for private instruction is $5,000 for 2 days. Just think this poor instructor doesn't need a college degree or even be a high school graduate to teach. However, the demand is so great he can work for 2 days a week for 50 weeks and make $250,000 a year. Sounds like a great job to me. Okay maybe I exaggerated a little. No matter how you look at it, it is expensive.

    I decided to see if others are also charging outrageous prices. It appears others are lower. One guy would travel to where you live which was included in the price. Here is a link to an article that mentions some pricing.
    http://tech.mit.edu/V124/N42/42blackjack.42n.html

    https://www.blackjackscience.com/ser...ls.php?id=9920
    Last edited by Midwest Player; 01-12-2019 at 11:55 AM.

  4. #108


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    Out of all the hundreds of stupid threads on here, this may take the cake. Peace out all.

  5. #109


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    I would think it would depend upon the person. Some people need a teacher because they aren't good at learning from a book or a video. Also, they must have some money unless they are total idiots and are trying to play blackjack with little or no money. If the AP shares some experience, how much is that worth? I would compare it to any kind of college level learning. How much do the colleges charge? Perhaps the $3000.00 they spend will illustrate to them that trying to play blackjack is not for them, so they will save perhaps tens of thousands in the long run.

  6. #110


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    What some of us do is look for reviews before we decide to buy stuff. Have any of you googled, found reviews?

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