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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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The big gamble, risking it all.
All hypothetical, yet answers should be realistic.
We were talking here and the story of the FedEx guy that put the companies payroll on Black (or was it red) in a go or blow effort to save his company came up (according to lore he won and the company survived). Anyway, if you had a couple hundred grand and maybe a month or two to "go or blow" what would you do? (assume you need to double it or so to "go", just like the FedEx story) My vote was take it and move to South America, but I avoided to spirit of the question 
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Cornpoppin' Pony Soldier |
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12-22-2006, 07:41 AM
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Join Date: Jun 2002
Location: PNW
Posts: 2,753
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illicit drugs
big risk - big return
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gary |
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12-22-2006, 08:33 AM
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Seldom Seen Member
Join Date: Jan 2003
Location: California
Posts: 3,584
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Bet (big) on college basketball
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Why do things that happen to white trash always happen to me? Got nachos? |
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12-22-2006, 08:37 AM
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Join Date: Jan 2002
Location: I'm out there.
Posts: 13,084
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Years ago a fellow from LA embezzled half a million cash from his employers safe. It represented a three day weekends gross reciepts. He bought a plane ticket in a different name to some country in Central America. He went to Vegas, made two big bets. He won both. He quietly returned the half million before it was missed and kept 1.5 million for himself. He never used the plane ticket, but resigned from his job after the quarterly accounting was all safely squared away.
He wrote a book about his adventure but I forget the title.
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My work here is nearly finished.
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12-22-2006, 08:58 AM
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moses, please send me a signed first edition of your book.
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chance favors the prepared mind 1987 944 n/a 5spd. who remembers dial phones?. 'STOP FIXING THINGS ONE STEP BEFORE YOU BREAK SOMETHING ELSE" |
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12-22-2006, 09:46 AM
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Quote:
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Cornpoppin' Pony Soldier |
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12-22-2006, 09:56 AM
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Registered
Join Date: Jan 2002
Location: I'm out there.
Posts: 13,084
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Quote:
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My work here is nearly finished.
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12-22-2006, 10:05 AM
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100,000 Scratchers, a few cases of really expensive Champagne, and a bunch of your best friends with quarters.
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Ken Justice 1985 Carrera (Ruby II) 1973.5 911T CIS (Ruby, gone but not forgotten) 2004 Buell Lightning (aka Elbow-Crusher, crashed) |
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12-22-2006, 10:31 AM
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Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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If you have to double the money in one day, and you are willing to lose it all, Vegas does seem to be the best way to go.
It eliminates a lot of the problems of other schemes: 1) If you win, you WILL be paid. 2) Your odds aren't too bad. Play a hand of blackjack, and you have what, a 48 or 49% chance of winning? Not bad. 3) It's legal! What's the limit in Vegas at which they start to get your identification and tax information? Obviously, if you win $100, they just pay you, no questions asked. But $1,000? $100,000? |
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12-22-2006, 10:37 AM
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Registered
Join Date: Jan 2002
Location: I'm out there.
Posts: 13,084
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I was just in Vegas and the casino got tax ID info from my friend when he won $5000 in a $100 slot machine.
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My work here is nearly finished.
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12-22-2006, 10:49 AM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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HE HE HE HE....U go to the Table and buy chips and if U win cash em in at the cage and so long as it is under 10K no problem.
I play Poker...I use a Casino Card, so they can Comp me..but the rest is CASH...
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Copyright "Some Observer" |
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12-22-2006, 11:34 AM
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Banned
Join Date: Feb 2002
Posts: 6,930
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This is a really good question.
I think it would have to like a bet it all win or loose type of thing. |
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12-22-2006, 11:39 AM
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Yep, for some reason slot winnings get taxed at $1k I think. But table winnings......$10k+ and you can cash some now...some later and stay under the radar. They don't know what you have.
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Cornpoppin' Pony Soldier |
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12-23-2006, 03:32 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,512
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Quote:
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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12-23-2006, 03:54 PM
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1987 Porsche 944 2.5
