Pass Casino, Henderson, Nevada

Trusted casino chip connoisseur Gregg Fisher has been out and about again. It must be nice to have a passion that means that points of interest are all around you – and of course Nevada is the right place to be if those interests pertain to casinos and the all important chips that form the currency of the establishment.

Pass Casino, Henderson, Nevada Pass Casino, Henderson, Nevada Pass Casino, Henderson, Nevada

Above are images of the $.50, $1 and $5 chips (taken by Gregg) from the recently opened Pass Casino, which was formerly the Eldorado Casino.  With a sportbooks, 6 table games (four blackjack tables, a roulette table and a craps table) and an impressive 350 slot machines there’s something for casino and sports fans alike.

DeSimone Gaming have made changes aplenty including a 24/7 sports bar and Emilia’s Café, as well as a new lounge, The Silver Bar.

With a rich history over the decades, opening first as the Wheel Casino in 1961,  all the way through to the $7 million renovation that led to its latest incarnation, it will be interesting to see what the general public think of The Pass Casino. It opened on April 1st 2021.

Harry Kakavas

Harry Kakavas Once described by the High Court of Australia as the ‘highest of high rollers’, Harry Kavakas was, in his heyday, an eminently successful property salesman. He accrued a multi-million fortune selling houses on the Gold Coast in Queensland, in northeastern Australia, but frittered away everthing he had, and more, at the Crown Casino in Melbourne. In a 14-month spell between June 2005 and August 2006, Kakavas staked an eye-watering A$1.5 billion on baccarat, betting up to A$300,000 a hand, and lost A$30 million, including $A2.3 million in less than half an hour on once occasion.

Kavakas later made legal history when, in 2007, he sued Crown Casino for ‘unconscionable conduct’. Kavakas’ laywers argued that Crown Casino has exploited his ‘pathological urge to gamble’ by providing him with complimentary accommodation, food and drink and travel, plus so-called ‘lucky money’, at up to A$50,000 a time, to a total value of nearly A$10 million. Crown Casino, on the other hand, argued that Kavakas presented himself not as a problem gambler – which, by his own admission, he was – but rather as an affluent businessman, who could afford to gamble the astronomical sums involved.

Kavakas’ claim for A$20.5 million in damages for his net losses, heard in the Supreme Court of Victoria, was dismissed on the grounds that Crown Casino was legimately competing for his business and Kavakas had, in fact, demonstrated that he found it possible to refrain from gambling. Kavakas subsequently appealed to the Court of Appeal in Victoria and, finally, to the High Court of Australia but, in both cases, his appeal was unanimously dismissed.

He’s Got a Bit(Coin) of a Problem!

He's Got a Bit(Coin) of a Problem! As many of you will no doubt know, bitcoin is sometimes used as a payment method in online casinos. Such avenues to spend (and of course win!) are only natural for an online currency, and arguably contribute to its place and relevance for society. That said, I don’t actually own bitcoins myself even thought I’ve often talked about them over the years. Really I’m kicking myself because if I’d ‘had a punt’ clearly right about now I’d be sitting pretty.

For the longest time I didn’t actually check the value of them on account that I knew I’d messed up and didn’t want to see how badly. The sense of dread that sets in when you realise that a virtual currency you pondered buying at $4000 a few months prior is now at the $30,000 mark. Still, however bad I feel it pales into insignificance when compared to the Bitcoin experience of Newport, Wales man James Howells.

Howells had the foresight to obtain a substantial 7500 bitcoins in 2009 for almost nothing, but unfortunately also had the misfortune to accidentally throw out his hard-drive in 2013, when the coins were worth a cool £4,000,000.

“I had a clearout of my old IT equipment – I hadn’t used this drive for over three years, I believed I’d taken everything off it… so it got thrown in the bin.

I had been hearing a few stories of a chap from Norway who had bought a number of coins for a very low price and had sold them for a high price and that’s when I got back into checking the price and seeing what I’d done.

When I found out what the price was, the penny dropped and I realised the coins I have ‘mined’ were on the drive I had thrown away. There was not a lot I could do.”

Without backups and with no joy getting the local tip to search on the local landfill site all hope was lost. To make matters worse the coins would now be worth an astonishing £210m. Howells has again recently pleaded with the council to let him search the tip, and has had interest in helping him. He’s even volunteered to donate a very substantial portion of the money if he’s allowed to do so, but so far hasn’t received a positive response.

 

So the next time you regret not buying bitcoins back when they were giving them out like candy, at least be glad you’re you didn’t buy and then lose them, like this unfortunate soul and many like him!

 

Beginner’s Guide To Gambling With Bitcoin

Beginner's Guide To Gambling With Bitcoin Bitcoin has morphed from a little known payment tool to an asset the organizations stove to own because of its innate feature as a means of storage. In this beginner’s guide to gambling with Bitcoin, we shall see how to utilize this payment tool in gambling.

What is Bitcoin?

This is a peer-to peer payment instrument that practically eliminates the need for third-party services. It is easy to transfer from one person to another, it is also divisible and can be used as a store of value as well as a payment tool. These are all the features of money. The implication is that Bitcoin (BTC) can be used as money to transfer value.

Features Desirable for Gambling

Bitcoin Casinos  have some features that have endeared it to the gambling industry. This is why many online casinos now support the use of the cryptocurrency to play games.

Anonymity

Bitcoin transactions are nearly anonymous. In fact, you would need an active blockchain analysis to track the origin and history of a coin. If such has not been linked to an individual through an exchange, it would be an even tougher job tracking the owner.

There are many gamblers that are not eager to reveal their identities, especially by using the more obvious conventional payment methods. This makes BTC an ideal form of payment for such players.

Low Fees

Everyone wants to save money. This is even more apparent when they make regular transactions that demand commissions and fees. We all know that these fees add up. Bitcoin eliminates the need for third-party payment processing platforms. This saves the users more money. For the casino and the player, this is a win-win situation.

Transparency

Transactions made on the Bitcoin network are transparent. This means that with the transaction ids it is possible for anyone to check the authenticity of any claims of payment.

The technology behind Bitcoin which is the distributed ledger technology (DLT) can also be used in tracking the fairness of the games available in a casino.

This is a confidence-building feature that gives the players the assurance that the games they’re playing have not been intentionally rigged to favor the house.

Speed

Bitcoin transactions are fast and easy to track. When a transaction is made, the receiving party can receive the coins instantly. When there is a transaction delay, the receiving party can easily check on the blockchain to know if the fund has been sent.

What Games Can You Play With Bitcoin?

There are many online casinos that support the use of BTC for gambling. These casinos would let you play available games if you have bitcoins. Some of the games that you can play with BTC are:

Bitcoin Crash

This game enables you to guess how high the multiplier goes. Guess correctly and win.

Bitcoin Baccarat

You can bet on the player, the banker or a tie in this card game.

Bitcoin Craps

This classic dice game gives you a lot of betting options and opportunities to exploit a low house edge.

Bitcoin Poker

Strive for a higher hand in BTC poker and win some good rewards.

Bitcoin Video Poker

Take the frustrations off poker by playing the BTC video poker version, which effectively is a more relaxing version of poker.

Bitcoin Sports Betting

Bet on your favorite teams in different leagues using Bitcoin.

Bitcoin Keno

This is one of the most exciting games. The same keno is available to be played with bitcoins.

Bitcoin Scratch Cards

This game enables you to reveal concealed prizes and win what you scratched.

Bitcoin Lottery

Everyone likes the lottery, even though few win. This allows you to play it with BTC.

Bitcoin Sic Bo

This dice game is strictly for you if you’re feeling lucky.

Bitcoin Rummy

Not ringing a bell, but Rummy is another exciting game to be played with BTC. Just know the right card to discard.

Bitcoin Bingo

Bitcoin also brings its excitement to the bingo game you already know. You could play the various versions of the game in BTC casinos.

Bitcoin Table Games

These are collections of the games you play on the table in the casino, now available with Bitcoin.

Bitcoin Live Dealer Games

Feel the connection with real people instead of playing with a machine. Live dealers give you the sociable feeling and still isolate you from the one-on-one contact.

Bitcoin Hilo

Predict that the outcome is either high or low and win on Hi-Lo with BTC.

Bitcoin Minesweeper

Navigate through the minefield safely while clearing them. Minesweeper has been monetized and available to be played with BTC.

Bitcoin Plinko

This ball game enables you to cascade and get the best of scores based on the slot your exit from at the base of the pyramid.

Bitcoin Slots

The one-armed bandit is well-known. You can even win the jackpot on it.

Bitcoin Dice

With 1% house edge, you can try your luck predicting the outcome of rolled dice.

Bitcoin Blackjack

Compare your card value with the dealer’s and win if you’re closer to 21 that they.