Allan Erlick

Knowing When to Fold: 5 Times You Should Walk Away from the Casino

Image by wirestock on FreepikKnowing When to Fold: 5 Times You Should Walk Away from the CasinoStepping into a casino can be an exhilarating experience, with the allure of bright lights, the sound of slot machines, and the promise of fortune. However, seasoned gamblers understand that success in the casino is not solely based on luck; it also involves strategic decision-making, including knowing when to walk away. In this article, we’ll explore five crucial moments when you should consider folding your cards and leaving the casino floor.

1) Hitting Your Loss Limit:

Before entering a casino, it’s essential to establish a budget and stick to it. Setting a loss limit is a responsible gambling practice that prevents you from chasing losses and falling into a downward spiral. Once you reach your predetermined loss limit, it’s time to walk away. Temptation may urge you to try to recoup your losses, but more often than not, this leads to further financial setbacks.

2) Emotional Distress:

Gambling can evoke a range of emotions, from excitement and joy to frustration and despair. If you find yourself becoming emotionally distressed, whether due to a series of losses or heated interactions, it’s a clear sign to leave. Emotional decision-making rarely leads to positive outcomes in the casino environment. Taking a step back allows you to regain composure and make rational choices when you decide to return.

3) Winning Streaks and Complacency:

While it may seem counterintuitive, a winning streak can also be a reason to walk away. Success in the casino is often fleeting, and complacency can lead to overconfidence. When you’ve had a series of wins, it’s crucial to assess your situation objectively. Continuing to play under the assumption that luck will persist indefinitely can result in significant losses. Set a winning goal, and once achieved, consider leaving on a high note.

4) Fatigue and Lack of Focus:

The casino environment is designed to be immersive and stimulating, but it can also be physically and mentally exhausting and reason why you need to look after your health and fitness. Extended periods of play can lead to fatigue, affecting your decision-making abilities and concentration. If you find yourself yawning, struggling to stay alert, or making careless mistakes, it’s time to take a break or call it a night. A fresh and focused mind is crucial for making informed decisions and enjoying the gambling experience responsibly.

5) External Pressures:

Life outside the casino should never be ignored. If external pressures, such as personal or financial issues, are weighing heavily on your mind, it’s advisable to walk away from the casino. Gambling is not a solution to life’s problems, and using it as an escape can exacerbate existing issues. Prioritize addressing external concerns before indulging in recreational activities like gambling.

Conclusion:

Walking away from the casino at the right moments is a skill that separates casual players from responsible gamblers. Recognizing the signs of when to fold – whether it’s reaching a loss limit, experiencing emotional distress, riding a winning streak, battling fatigue, or dealing with external pressures – is crucial for maintaining a healthy relationship with gambling. By making informed decisions about when to walk away, you can enjoy the casino experience responsibly and increase the likelihood of positive outcomes in the long run.

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5 Types of People You Don’t Want to Meet at the Casino

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5 Types of People You Don't Want to Meet at the CasinoA visit to the casino promises excitement, entertainment, and the thrill of chance. However, amidst the glittering lights and ringing slot machines, there are certain individuals you’d prefer not to encounter. These are the characters that can turn a night of fun into an unpleasant experience. From seasoned hustlers to reckless gamblers, here are five types of people you might want to steer clear of at the casino.

1) The Overly Aggressive Gambler:

This individual approaches the casino as if it were a battlefield. The overly aggressive gambler is quick to lose their temper, blame others for their losses, and create a hostile atmosphere. Whether they’re at the poker table or spinning the roulette wheel, their aggressive behavior can be both intimidating and disruptive. It’s best to avoid engaging with such players to maintain a positive and enjoyable gaming environment.

2) The Loan Seeker:

Casinos attract a diverse crowd, including those who may not have the best intentions. The loan seeker, sigma male, is someone who approaches strangers, claiming they are down on their luck and in desperate need of money to continue gambling. While empathy is a valuable trait, lending money to strangers at the casino is a risky proposition. It’s wise to be cautious and politely decline such requests to avoid potential conflicts or scams.

3) The Know-It-All:

The casino is a place where strategies and luck collide, but the know-it-all believes they have cracked the code to guaranteed success. Whether it’s blackjack, poker, or slots, they’ll gladly share their unsolicited advice and opinions on how to win big. While some experienced players may offer valuable insights, the know-it-all tends to be overconfident and unwilling to consider alternative perspectives. Politely nodding and moving on is often the best strategy when encountering this type of individual.

4) The Superstitious Player:

Casinos often attract individuals who hold steadfast beliefs in luck and superstition. From lucky charms to specific rituals before each spin or hand, the superstitious player may seem harmless at first. However, their unwavering dedication to rituals can lead to delays and disruptions at shared tables or machines. While it’s important to respect individual beliefs, being stuck in a superstitious player’s routine might hinder your own gaming experience.

5) The Silent High Roller:

While silent high rollers may not exhibit disruptive behavior, encountering them can be intimidating for the average casino-goer. These individuals often place massive bets without uttering a word, creating an air of mystery and exclusivity. While their presence might be intriguing, it’s best to avoid engaging in conversation or attempting to join their table unless explicitly invited. Silent high rollers prefer solitude and may not appreciate unwanted attention.

Conclusion:

The casino environment is diverse, attracting people from all walks of life with varying approaches to gambling. While most patrons are there for entertainment and relaxation, encountering certain individuals can detract from the overall experience. It’s essential to navigate the casino floor with a sense of awareness and discretion, avoiding confrontations with overly aggressive gamblers, loan seekers, know-it-alls, superstitious players, and silent high rollers. By steering clear of these characters, you can maximize your enjoyment and focus on the thrilling aspects of casino gaming.

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5 Pitfalls Even Professional Gamblers Should Avoid

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5 Pitfalls Even Professional Gamblers Should AvoidProfessional gamblers, often regarded as masters of their craft, possess a unique set of skills honed through experience and discipline. However, even the most seasoned players can fall prey to certain pitfalls that jeopardize their success. In this article, we’ll explore five things even professional gamblers shouldn’t do, emphasizing the importance of vigilance and strategic decision-making in the world of high-stakes gaming.

1) Neglecting Bankroll Management:

One cardinal rule for all gamblers, professional or amateur, is effective bankroll management. Despite their expertise, some professionals make the mistake of neglecting this fundamental principle, leading to financial instability. A well-structured bankroll ensures that losses are controlled, and wins are maximized over the long run. Professional gamblers should resist the temptation to deviate from their established bankroll strategies, regardless of the allure of a potentially lucrative opportunity.

2) Ignoring Emotional Control:

Even the most seasoned professionals can succumb to the emotional rollercoaster that comes with gambling. Whether experiencing a winning streak or a string of losses, emotions like greed, fear, and frustration can cloud judgment. Successful gamblers understand the importance of emotional control in making rational decisions. Ignoring this aspect can lead to impulsive bets, chasing losses, and ultimately, a detrimental impact on their overall performance.

3) Overlooking Research and Analysis:

Professional gamblers often reach the pinnacle of their success through a combination of skill, knowledge, and meticulous research. However, some may fall into the trap of complacency, thinking their experience alone is sufficient. Overlooking continuous research and analysis of the games they play can result in a loss of edge. Staying updated on industry trends, understanding the nuances of new games, and adapting strategies accordingly is crucial for long-term success.

4) Neglecting Health and Well-being:

The demanding nature of professional gambling can lead some individuals to neglect their physical and mental well-being. Irregular sleep patterns, unhealthy diet choices, and inadequate exercise can contribute to burnout and impaired decision-making. Successful professional gamblers recognize the symbiotic relationship between their well-being and their performance. Prioritizing health ensures sustained focus, mental sharpness, and the stamina needed to navigate the challenges of the gambling world.

5) Failing to Adapt to Changing Circumstances:

The gambling landscape is dynamic, with rules, strategies, and market conditions constantly evolving. Even professional gamblers can be caught off guard if they fail to adapt to these changes. Whether it’s shifts in regulations, advancements in technology, or emerging trends, staying ahead requires a proactive approach. Professionals who resist adapting may find themselves left behind, unable to capitalize on new opportunities or protect themselves from unforeseen challenges.

Conclusion:

Professional gamblers, despite their expertise, are not immune to pitfalls that can jeopardize their success. Neglecting fundamental principles like bankroll management, emotional control, ongoing research, and adaptation to changing circumstances can have significant consequences. By remaining vigilant and avoiding these common mistakes, even the most seasoned professionals can enhance their chances of sustained success in the competitive world of gambling.

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4 Main Protagonists in Louis Theroux’s Gambling In Las Vegas (Including ‘The Mattress King’)

Image by Freepik4 Main Protagonists in Louis Theroux's Gambling In Las Vegas (Including 'The Mattress King')One of my favourite gambling documentaries has to be Louis Theroux’s Gambling In Las Vegas which aired back in 2007 on BBC 2. After all these years later (17 years), I can still remember this crazy cast of gamblers and their stories. Presented by Theroux he heads to the Las Vegas Hilton to reveal the world behind the myths of casino culture. Directed by Stuart Cabb, it also stars Richard Wilk, the ‘Whale Hunter who had clients commit suicide over gambling losses’ tempting The Mattress King to gamble hell-and-all cash.

This episode had a run time of 60 minutes and well received by viewers and critics alike.

Let’s reminisce about a few of these infamous gamblers which include:

1) Allan Erlick ‘The Mattress King’:

Allan ‘The Mattress King‘ is a high-roller gambler (a whale) who enjoys a gamble at Las Vegas. He’s seen sitting at the roulette table winning $50,000. Louis asked: ‘You’re winning money, why not stop now?’ Allan replies with a smile: ‘Gamblers never stop.’ You just knew it was going to take a downward trajectory from there. Allan, from Toronto, Canada is a high-roller on a mission to bet big. He gets the best suite in the Hilton free of charge (the most expensive room he ever stayed). As his friend Richard Wilk’s says: ‘This is your home for three days!’ He has his own butler, too. Allan says: ‘I could go to any hotel but I go where Rich goes. We’re friends first, business later. We’ve had one argument in 10 years! He works for the casino but he’s rooting for me to win.’ Louis says: Vegas, they didn’t build this place on winners!’  The next morning Allan was ready to roll to the sound track of Elvis Presley ‘It’s Now or Never’. Playing roulette, Allan couldn’t find a winner. he was risking $4K a spin. Louis asks: ‘Is there any technique to where you are putting the chips?’ Allan says: ‘I’m just picking what I feel. I’ve been gambling since I was 16. My wife doesn’t like me gambling. It’s not a good thing.’  On the second day Allan was losing heavily after losing $80K on the slots.  Alan says: ‘Who is counting? It’s a gambler’s problem, knowing when to quit!’

2) Martha ‘Gambling Her Son’s Inheritance’:

Martha, a heavy smoker in her 80s, has been a regular at the casino for over 7 years and lost over $4M. The casino even paid for the memorial service of her late husband (Sam). ‘It was so beautiful. It  didn’t cost me one penny!’ She sits at the slots playing with a smile on her face and without a care in the world. However, he long-suffering son (Seth) (clearly in a no-win situation) says he doesn’t mind his mother gambling away his inheritance.  She says: ‘Whatever is left he can have.’  I’m sure Sigmund Freud would be able to explain this family dynamic. Casino man Tommy Brown looks after Martha Ogman, a retired doctor, who plays high-limit slots. Tommy said: She’s our number one guest, a beautiful woman.’ Martha says: ‘This is my second home!’ What’s more surprising (or not) is that she’s been going to the casino for the last 10 year, every day.  Tommy say: ‘We value her! It’s a place of enjoyment. We don’t want you to lose your house.’  The next day Louis joins Martha to play the slots. He asks: ‘Is there any skill involved?’  She answers: ‘No!’ Louis asks if Martha is addicted to gambling. She says: ‘I’ve never been addicted to anything in my life. Why would I stop, I’m enjoying myself?’ Louis asks: ‘Are you going to run out of money? ‘ She replies: ‘No.’ Martha said: ‘My husband and son never tell me what to do. I do what I think is right.’ ‘If there’s nothing left, there’s nothing left.’

3) Richard Wilk: ‘Whale Hunter!’:

The man who brings the biggest gamblers into the casino and make sure they keep gambling. Supposedly, one of his closest friends Allan Erlick ‘The Mattress Man’ is in his sights. Wilk’s calls him ‘The Mattress King’ because he owns one of the biggest mattress businesses in Canada. Wilk’s says: He’s a friend, high-roller and the godfather to my little girl!’ (I wonder what he does to his enemies!).  Allan truly is a lamb to the slaughter. When talking about Allan losing an estimated $160K he says: ‘Who am I to tell people what to do with their money?’

4) John Rominelli & Tim Nordahl: ‘Salesmen On A 3-Day Blitz’:

I’m not sure which is John or Tim, but the one with the beard looks quite smug telling Louis he is up ’10G’, while detailing that his friend over the year is down $160,000. Which he says, smiling: ‘It’s not true! He’s full of it! I’m not in the hole at all.’ I must admit I love these two gamblers. You just know something is going to go tragically wrong after the ’10G’ man says: I try to play as consistently as possible.’   I can’t help smile at the two friends who keep laughing at each other and almost insisting each is a big-time loser. Louis asks: ‘Will you be doing any gambling tonight?’ The smug bearded man replied: ‘Absolutely.’ Laughing, he says: ‘Isn’t that why people come to Vegas?’   Later that evening Louis met up with the pair who had been on The Strip. It had been 24-hours since he last talked to them. Louis asks: ‘What happened?’ The bearded bloke, looking half stressed if not nervous said: ‘I’m down 14 or 15K, plush the ’10G’ I won!’ Louis says: ‘So, you’re down $24k.’ The bloke replies: ‘It sucks!’ He smiles as Louis asks: ‘Have you been having a wonderful time?’  He carries on gambling, with his friend smiling in the background, saying he is going to teach Louis how to win. (You can tell this is1n’t going to end well). Chewing gum, John an extrovert gambler says: ‘I’m not a quitter.’  Playing roulette with Louis (who was winning) John continued to lose. He says: ‘This is unbelievable. I haven’t won a hand in half an hour.’  John walks away from the table a dejected figure clearly stressed out. Tim bets $400 on a hand and wins. ‘That’s how you do it, man.’ We see the camera zoom to John at another table shaking his head after losing more cash. He comes back to the table to see how Louis is doing. Louis asks: ‘How you doing?’ John replies: ‘Forget about me.’ John’s losing streak continued. To be fair, I felt sorry for John. Tim says: ‘Don’t be negative.’ In the background we hear the familiar sound of Elvis It’s Now or Never. With John chasing his losses Louis finished the evening with one last big bet. He won! Tim said he lost $4K. ‘Only bet what you can afford to lose.’ He points to John in the distance laughing, he says: ‘That’s what you don’t want to do!’ Louis asks John: ‘How you doing?’ He replies: ‘Horribly.’ Tim starts sing: ‘You gotta know when to hold’em, you gotta know when to fold’em, know when to walk away, know when to run.’ It’s truly a scene of desperation.

Excellent TV.

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Can You Remember Allan Erlick Gambling In Las Vegas? (The Mattress Man)

Image by FreepikThe Mattress Man Allan Erlick on Louis Theroux Gambling In Las VegasWhatever happened to Allan Erlick AKA ‘The Mattress King’ who was a high-roller gambler in Las Vegas in Louis Theroux’s Gambling In Las Vegas? I’m pretty sure it was originally broadcast in 2007 on BBC 2. With a run time of 60 minutes, we saw a selection of gamblers in a TV programme that captured the fascination of many viewers which at times seemed surreal.

Allan Erlick was a Canadian businessman who sold mattresses for a living and fondly known on the show as ‘The Mattress Man’. He was known as a whale, a term given to gamblers who seemingly have no limits on the money they spend. The Mattress Man was given a executive penthouse for free by the casino, everything complimentary. However, there was a price to be paid and that was his commitment to splash the cash and gamble like money (his money) was going out of fashion.

At one point we saw Allan playing two slot machine at once. Some of these machines cost $5,000 a spin. He couldn’t find a winner for love nor money. Later, he played blackjack and was losing money hand over fist. To make it worse, Louis Theroux couldn’t stop winning. The only difference was that he was betting small stakes compare to The Mattress Man who said he didn’t mind losing $250,000 a day. I hate to imagine what he lost by the end of his ‘vacation’. He left the way he had come in a free limousine but looking like he’d had the stuffing kicked out of him. Not quite as plump as one of his mattresses.

It was said that The Mattress King went on to sell his company. Some suggested this may be down to gambling losses. Other comments online said they had seen him as an Uber driver. Whether this is true or not we can only imagine. However, the story of all main characters on Gambling In Las Vegas was one of loss. Each and every player, bar Louis Theroux, lost their shirt (or blouse).

Most didn’t look that worried about their losses.

I guess that’s what happens when you get used to losing cash.

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*That isn’t a photo of Allan on this mattress