Bossman Austin Curtis Peterson / BossmanJack / AustinGambles / Austin_07 / irondollah - Gambling addict, convicted felon, scammer, and raging manchild that hates his fucking life, FAKE MONEY

[YugeMike]

Martingale strategy only works if you already have bankroll to eat away your chances of failure. For example, if you only have $1 and you want to make $1, you have a 50% chance of success. If you want to increase your chances of success to 75%, you need $3, for an 87.5% chance, $7, 93.75% chance, $15, 96.87% chance, $31, 98.4% chance, $63. In other words, he could already have $7 million, and he wants to make another million, he still has upwards of a 10% chance of losing it all. Even if he has $63 million, the casino still has a chance to win it big. Also the Martingale strategy is about doubling up on your losses, so even when you're betting millions of dollars in Martingale you're still only profiting your original bet amount when you finally win.

As far as chucking goes I don't think its reasonable to expect him to use his $8000 all at once, based on $2000 start just straight chucking it he would need to win 9 consecutive games, which is a 0.195% chance. With 4 chances a week, 52 weeks per year, (208 total chances) he would have about a 35% chance of hitting it each year assuming he used every $2000 reload towards this goal for a straight year.

Fucking nrerd

 

[BPD Gunt Rider]

Martingale strategy only works if you already have bankroll to eat away your chances of failure. For example, if you only have $1 and you want to make $1, you have a 50% chance of success. If you want to increase your chances of success to 75%, you need $3, for an 87.5% chance, $7, 93.75% chance, $15, 96.87% chance, $31, 98.4% chance, $63. In other words, he could already have $7 million, and he wants to make another million, he still has upwards of a 10% chance of losing it all. Even if he has $63 million, the casino still has a chance to win it big. Also the Martingale strategy is about doubling up on your losses, so even when you're betting millions of dollars in Martingale you're still only profiting your original bet amount when you finally win.

Extreme autistic patience treating gambling like a job is really the only way to win with gambling outside of dumb luck.

In sports gambling, the way to do it is take advantage of bonuses, promos, free picks, etc... never stray from them, never make big bets, and you'll probably make small profits that wasn't worth the time putting into them.

 

[rel=alternate]

I think it's more the latter. Even though I struggle to understand why anyone would loan this guy money.

It's part of the system. Bums will help each others out or hang out and be nice and help for a few hand outs with bigger players. And in the case of games where players play against each others, the house may back you just because you being there means more people to show up.

Gamblers will however also gamble on the money they lend you. Where you agree on a share on the profit.

Even though they are gamblers, most still expect some type of return on the money they lend. It's just complicated. Even if you know it will probably go wrong. Because most of the time, shutting up is the best strategy to actually get your money back and more.

If you out them, they won't be able to borrow anymore but won't pay you. You win nothing.

If you let them some time, they will be able to borrow money from someone else to pay you with interest.

And if you feel extra frisky, and you think you can flip it, you can even buy the debt back for % on the dollar from that other person once they realize they are not getting paid.

Everybody has a piece of each other and is paying back a debt of some kind.

Revisiting this thread, and going a bit off topic, but in poker this is a plague in tournaments.

People who owe money are basically getting debt forgiven to chip dump in almost every tournament running where I am.

It has nothing to do with Bossman though, the man is losing it all on his own.

When you look at cows like Cyrax who have "managers', you think it's horrible. But honestly, I think Austin could benefit from such thing. This dude is out of control, and yet, it would not take much for him to actually start making money as a business instead of just gambling for free.

If you think about it, it's kind of sad. The drugs make him so parano, he can flip on you from one second to the next. Yet, he desperately need exterior help.

Bossman won't ever be an upstanding member of society, but there is a path for him to be successful. He just won't take it.

Quite a rare occurrence for any gambler. Old school was hustlers, now it's just poly addicts.

I sincerely wish he wakes up, unfortunately I don't see happening.

 

[DOORSTUCK]

misery loves company lol

If you have nothing to contribute, please refrain from posting.

As we settle to the bottom of the bossman-cycle, I wager against the grain, he will never be lucky enough to catch the 200k dragon again. Civicbros bear the heaviest cross, and whale-juicers are in the past since his current deal cannot allow for such heavy loans. Then again, a fool is quickly separated from their money, and I'm not talking about bossman.

 

[lol cow supreme]

The most redeeming thing about Austin is that he treats his jannies and paypigs exactly how they deserve to be treated.

And by how they deserve to be treated he will be paying his jannies weekly, living wages, to sweep it up.

 

[likeacrackado]

So the guy who can't even install a door did the taxes for hundreds of thousands of dollars from several sources of income. What could possibly go wrong?

iirc his dad white collar career (insurance?) before they found natural gas, so he'd be better set up to do taxes than handyman tasks. I'd bet they didn't bother to track down Austin's retarded gambling "income" and just took his 1099s from Twitch and Kick. And I wouldn't put it past his parents to cover the money he should've been putting aside for tax time.

 

[Wodanaz]

It's because the "lost it all" moment is actually what he wants. He didn't do this before. He would wait until it was literally $0.00, holding out hope even with fucking pennies. Then the margins got bigger and bigger until it's sometimes hundreds of dollars. The "lost it all" before actually losing is a genuinely worrying sign to me of mental deterioration.

It's secretly something he enjoys. In a gambling addict's brain, losing emits the same kind of response that winning does. It's literally an addiction to losing, not games of chance. The run-up to the loss is just edging basically. The $180K run-up is just a big goon sesh, the violent tantrum at the very end is what he's waiting for.

I am once again posting an excerpt from American Gods by Neil Gaiman, but this time in the Bossman thread.

Entering the casino, one is beset at every side by invitation—invitations such that it would take a man of stone, heartless, mindless, and curiously devoid of avarice, to decline them.
Listen: a machine-gun rattle of silver coins as they tumble and spurt down into a slot machine tray and overflow onto monogrammed carpets is replaced by the siren clangor of the slots, the jangling, blippeting chorus swallowed by the huge room, muted to a comforting background chatter by the time one reaches the card tables, the distant sounds only loud enough to keep the adrenaline flowing through the gamblers veins.
There is a secret that the casinos possess, a secret they hold and guard and prize, the holiest of their mysteries. For most people do not gamble to win money, after all, although that is what is advertised, sold, claimed, and dreamed. But that is merely the easy lie that gets them through the enormous, ever-open, welcoming doors.
The secret is this: people gamble to lose money. They come to the casinos for the moment in which they feel alive, to ride the spinning wheel and turn with the cards and lose themselves, with the coins, in the slots. They may brag about the nights they won, the money they took from the casino, but they treasure, secretly treasure, the times they lost. It's a sacrifice, of sorts.

 

[traditiontaiga]

Martingale strategy only works if you already have bankroll to eat away your chances of failure.

Yeah and he has four $2,000 reloads a week.
His odds of running those up to a million over the course of a year with Martingale is 41.184%.
His odds with chucking it all at once four times a week on Limbo 500x are 41.184%.
His odds with however you would describe his current strategy of attempting to psych out the betting button and clicking 2x and 1/2x bet size based on his feeble attempts to predict the future are 41.184%.

My point was that Bossman has way higher chances to run it up to a million then others were letting on, not that any specific strategy would give him a better chance at doing so. Bossman running it up to $200k should be expected to happen, on average, slightly more than once a year with his current deal and how he funnels every cent into the casino.

Obviously these odds are based entirely on him only playing originals (Fair assumption to make), not withdrawing anything to pay Derrick (Dumb assumption to make), and stopping at exactly $1,000,000 to step away from gambling, set 25% aside for taxes, fund his IRA, and to ride off into the sunset in a brand new Civic to live out his days avoiding all the vices that currently consume him (Never going to happen).

 

[Null]

"Over a long enough timeline, the payout rate of every sesh drops to zero." t. Eddie Craven

 

[Sicko Hunter]

 

[Ghostse]

also: why him using that 2k actually matters
him doing his own give-aways is fine and all. but the 2k was SUPPOSED to be shuffle give-aways. As in, bossman chooses some winners, when the winners receive their money they post on their social media something like, "I just won peepeepoopoo dollars by watching bossman jack on shuffle!" its a loss-leader advertisement, not money for him to fuck around with

"Wait Crackaddict, we gave you that crack to give away! but he's just smoking! How could this have happened"

yes. but he made a lot of friends along the way and has a great story to tell

The Bike Cuck comic, except its money and you see the casino stealing it being just straight handed fat sacks of cash with a "The casino wanted the money more me, so average happiness in the world has increased" as he's standing in his room with the punched-in wall.

 

[DOORSTUCK]

His odds of running those up to a million over the course of a year with Martingale is 41.184%.
His odds with chucking it all at once four times a week on Limbo 500x are 41.184%.
His odds with however you would describe his current strategy of attempting to psych out the betting button and clicking 2x and 1/2x bet size based on his feeble attempts to predict the future are 41.184%

I apologize, can you crunch the numbers that bossman will hit 1M from his reloads? He bets so erratically it's difficult to keep track. I'm positive it'll be enough to retire right?

 

[moocow]

If the IRS is being their usual lazy self, they may just assume he owes based on a $200K win or whatever and demand he provide proof otherwise or receive a tax bill. Knowing how incompetent government documentation and verification is, they may fuck him by not accepting crypto wallet transactions showing it went straight back into thin air.

This gets re-run every hundred pages or so, but he's never going to attract the IRS' attention because he never keeps any profits and has nothing they could take from him even if they did pursue him. It's fantasy to think there's going to be a tax man arc in Bossman's story.

 

[Polentic]

Rat felted
Screenshots from @dumb cunt sperg

 

[Ravier Xavenblood]

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Rat felted
Screenshots from @dumb cunt sperg

Shrekt and felted.

 

[GeldKampf]

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If you have nothing to contribute, please refrain from posting.

misery loves company lol

 

[draggs]

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Rat felted
Screenshots from @dumb cunt sperg

"fanny"?

It's even worse

Felted by a Br*toid

 

[Flaming Dumpster]

Little bossquake after another Dice sesh

 

[W00K #17]

I hope he hasn't run out of rocks and still has enough energy to stream again tonight.

 

[Cane Skretteburg]

Also the Martingale strategy is about doubling up on your losses, so even when you're betting millions of dollars in Martingale you're still only profiting your original bet amount when you finally win.

I wish I could rate this both autistic and dumb.