Was that the one guy who they had to toss off the team?Originally Posted by mrw464
The "Crappy counter" also thought he was suppose to hit hard 13 vs. 3 . so it's a double whammy / triple if he was skimming
“It seemed to me ... that any civilization that had so far lost its head as to need to include a set of detailed instructions for use in a package of toothpicks, was no longer a civilization in which I could live and stay sane.”
Contrary to posted commentary, the entire dialogue comes through splendidly;
irrespective of my extremely limited respect for Colin & Ben. [understatement.]
I was surprised to hear two statements that made no sense to me:
Colin claims that they played "500 casinos" at a cost to the industry of "$3 a day"
They played at every casino in existence? They made millions at that $3 rate ?
Just speculating, but...
They said that they won around 4M. If you take the 500 casinos at $3/day, you arrive at $1500/day, so if they played 2666 days, they'd get to 4M.
Sounds like a good sales pitch when convincing casinos that they were no threat. Kind of like a jet salesman claiming that a new 787 only burns 3 cents of fuel per passenger mile.
I'm sure that their wins were not evenly distributed, but 4M/500 gets us a not too shabby 8k/casino average. Still, 8k over several years is peanuts to even the smallest joints.
One thing that I don't think they clarified is if the 4M was net win after expenses, and if so, what was the gross win? From a casino's perspective, the gross win would be more meaningful.
If the 4M is the gross win, then I wonder what their net profit was.
Well, according to the website, they were active from 2005-2011, so anywhere from 6 to 7 years.
With enough active players, I can see someone getting table time most of the time, but I can see some of the math being fuzzy.
If they won closer to 3M then the numbers fit with ~70% or so playing rate.
My partner and I have put in table time in 25 of the past 30 days, and there are only 2 of us, so 85+% of days played for a team of 10+ dedicated people doesn't seem too far out of whack.
According to the website:
http://www.thechurchteam.com/
One of their players was "Tarzan". Didn't realize there were 2 of them
Last edited by Marvin; 03-18-2014 at 02:12 PM. Reason: correcting basic math mistakes
Perhaps I am too gullible, but nothing they claim seems highly unreasonable.
With which of their claims do you have the most problem?
If anything, I'm shocked at how little they won.
They were active for around 7 years, and lets assume they had, on average, 10 players active at any given time.
If they won 3.5M then that's an average of 50k/year/team member.
50k/year/person is decent for someone with a 100k bank, but very low for a 7 figure bank.
Granted, they claim that they only had a 7 figure bank for part of the time, but still.
I'd be curious to know how many total hours of play their team put in during its existence.
I've played in 75 different casinos in the US in the past 18 months, and 90% of that play was within 50 miles of the coasts and Nevada.
Sure, one of the places called 'Green Action' and the cage called to verify a $75 cash out, and the history stuff in Deadwood was more interesting than the casinos, but 70+ of the places were fine with chunky green action and most had no problem with 2x300 or 2x400. There are hundreds more casinos in the states and thousands more internationally. They claim that they had 100k confiscated by border agents (money was later returned), so at least some of their play was international.
500 different casinos in 7 years by 10 different people is not out of whack.
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