Thomas Jefferson said in 1802: "I believe that banking institutions are more dangerous to our liberties than standing armies."

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."-- Thomas Jefferson

"When in danger or in doubt, run in circles, scream and shout." .... jbd

"When once a job you have begun, do no stop till it is done. Whether the task be great or small, do it well, or not at all." .... Anon

Insanity: doing the same thing over and over again and expecting different results. - Albert Einstein

Television is one daylong commercial interrupted periodically by inept attempts to fill the airspace in between them.

If you can't start a fire, perhaps your wood is wet ....

When you elect clowns, expect a circus ..............




Saturday, April 12, 2014

Borgata casino lawsuit: Gambler cheated, won $9.6M

ATLANTIC CITY, N.J. (AP) — An Atlantic City casino is suing a big-time gambler, claiming he won $9.6 million in a card-cheating scheme in baccarat.

The Borgata Hotel Casino & Spa filed a federal lawsuit Tuesday against Phillip Ivey Jr., considered one of the best poker players in the world.

The lawsuit alleges Ivey and an associate exploited a defect in cards made by a Kansas City manufacturer that enabled them to sort and arrange good cards in baccarat. The technique gave him an unfair advantage on four occasions between April and October 2012, the casino asserted in its lawsuit.

The casino claims the technique, called edge sorting, violates New Jersey casino gambling regulations. Its senior vice president, Joe Lupo, declined to comment on the lawsuit. Ivey's lawyer declined to comment on Friday.

The lawsuit claims the cards, manufactured by Gemaco Inc., were defective in that the pattern on the back of them was not uniform. The cards have rows of small white circles designed to look like the tops of cut diamonds, but the Borgata claims some of them were only a half diamond or a quarter of one.

The company is also fighting a lawsuit from another Atlantic City casino, the Golden Nugget, claiming the firm provided unshuffled cards that led to gamblers beating the casino for $1.5 million. Gemaco did not respond to a request for comment.

The lawsuit claims that Ivey and his companion instructed a dealer to flip cards in particular ways, depending on whether it was a desirable card in baccarat. The numbers 6, 7, 8 and 9 are considered good cards. Bad cards would be flipped in different directions, so that after several hands of cards, the good ones were arranged in a certain manner — with the irregular side of the card facing in a specific direction — that Ivey could spot when they came out of the dealer chute.

The lawsuit claims Ivey wanted the cards shuffled by an automatic shuffling machine, which would not alter the way each card was aligned.

A lawsuit filed in Britain's High Court by the Malaysia-based Genting Group, a major casino operator, makes a similar claim against Ivey. It alleges Ivey and an accomplice amassed almost $12 million by cheating at baccarat. In that case, Ivey has denied any misconduct. Ivey has won nine World Series of Poker bracelets. 

I do not condone what Ivey did, but I can appreciate, finding a "flaw" in the system and not feeling the urge to capitalize on it. I was in Battle Mountain, Nevada on one occasions, with a "crossroader," .. by the name of West. We were eating in the hotel, could see a 21 table and dealer, and she was obviously, new, Wesley could not resist, he had to give it a shot, did, and as he won, I would take the chips and cash in. Eventually the owner arrived, saw what was happening, all hell broke loose, Wesley used .... "tear gas pens" .... directed to our "accosters," and we ducked out the door, got in the car, and drove, very fast, headed to Reno. Wesley could not resist the temptation of a new, not too intelligent dealer .... "when the opportunity arises, you take a shot." That is what Ivey did .... it's a ...... "thing" that happens, to gamblers.