Not too many people ask me this question.
Most family members and friends understand that I am not too tempted by gambling. Oh, sure, once in a while I will play $21 in Megabucks. And I have driven a handful of times to Prim or even to Arizona to purchase a Power-ball ticket.
Yes, those, in retrospect have been such a waste of time and money.
But since the most money that I have ever won at gambling is $150 dollars, I quickly cashed out and put that ticket in my pocket. (I guess I'm cheap like that.)
Anyway, since it isn't a well-known fact, that the average Las Vegas resident gambles +/-$2,000 per month while living here, I like being the one that doesn't gamble at all -- or truthfully anywhere near that amount.
When I first moved here and was searching for a Real Estate firm to hang my Nevada Real Estate License, I had one meeting with a broker at the time who knew just what to do when the subject about real estate commissions came up"
He asked me: 'How do you make money in Las Vegas?'
Stumped, I gave the standard response of: work hard, be persistent, etc.
He said, in his experience, he has seen way too many real estate agents take a hard earned commission check down to a local casino, cash it, and by the time they leave (usually several hours later) they have nothing left.
He took a piece of paper (like below) and wrote the word Casino in the middle, he circled the word for emphasis.
Then, looking at me with earnest intent, he said, "Stay out of the casinos!'
Well, I took that as probably the best advice I had ever heard. For one thing, I don't like the 'Strip' casinos because they are well, you know, greedy. And, the noise and crowd isn't something I am attracted to.
Besides, once I moved to Las Vegas I found out for the first time that a casino would be willing to cash a pay check -- without taking the usual 15% that check cashing places take.
I told the broker, that I have a young family and cashing a real estate commission check at a casino wasn't something I was going to do.
I remember him saying something like, 'I hope not.'
It was apparent, that this broker knew too many agents that did that.
Eventually, I hung my license at a firm closer to where I was living at the time, and through the years, I have learned that agents do -- for whatever reason -- gamble away their commission checks.
To me that is probably the dumbest thing you can do. The reason I know this to be true is: only one person makes money in a casino -- the owner.
To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!
Most family members and friends understand that I am not too tempted by gambling. Oh, sure, once in a while I will play $21 in Megabucks. And I have driven a handful of times to Prim or even to Arizona to purchase a Power-ball ticket.
Yes, those, in retrospect have been such a waste of time and money.
But since the most money that I have ever won at gambling is $150 dollars, I quickly cashed out and put that ticket in my pocket. (I guess I'm cheap like that.)
Anyway, since it isn't a well-known fact, that the average Las Vegas resident gambles +/-$2,000 per month while living here, I like being the one that doesn't gamble at all -- or truthfully anywhere near that amount.
When I first moved here and was searching for a Real Estate firm to hang my Nevada Real Estate License, I had one meeting with a broker at the time who knew just what to do when the subject about real estate commissions came up"
He asked me: 'How do you make money in Las Vegas?'
Stumped, I gave the standard response of: work hard, be persistent, etc.
He said, in his experience, he has seen way too many real estate agents take a hard earned commission check down to a local casino, cash it, and by the time they leave (usually several hours later) they have nothing left.
He took a piece of paper (like below) and wrote the word Casino in the middle, he circled the word for emphasis.
Then, looking at me with earnest intent, he said, "Stay out of the casinos!'
Well, I took that as probably the best advice I had ever heard. For one thing, I don't like the 'Strip' casinos because they are well, you know, greedy. And, the noise and crowd isn't something I am attracted to.
Besides, once I moved to Las Vegas I found out for the first time that a casino would be willing to cash a pay check -- without taking the usual 15% that check cashing places take.
I told the broker, that I have a young family and cashing a real estate commission check at a casino wasn't something I was going to do.
I remember him saying something like, 'I hope not.'
It was apparent, that this broker knew too many agents that did that.
Eventually, I hung my license at a firm closer to where I was living at the time, and through the years, I have learned that agents do -- for whatever reason -- gamble away their commission checks.
To me that is probably the dumbest thing you can do. The reason I know this to be true is: only one person makes money in a casino -- the owner.
To Contact David Howes try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!
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