Shutdown Ends Tonight

[TomGshotput]

Nevada casinos open in a few hours, effectively ending coronavirus related shutdown in the state. There were people in here shouting the pandemic would cause lots of doom and gloom, and there were others saying it wasn't a big deal at all. Anyone care to analyze the effects it had on them personally?

For myself, with the casinos closed I lost almost a full 2.5 months of income. Did get to bet esports, Belarus soccer, NFL draft, UFC, and Korean baseball, but that's such a tiny fraction of the normal amount of action I could normally get. But doing stuff other than playing casino games is really no big deal. It means I got to exercise more and spend more time on the computer, so that's cool. I would guess missing a couple months of income isn't that much of a big deal for most people here either. And I know most people kept working anyway. For young people who haven't yet had years of earnings, or anyone who had already spent most all of their money, I can see how that would have been a big deal and caused a lot of doom and gloom. Stock market investments are down overall this year, but most of that happened before the shutdown. During the shutdown, they went up.

No serious health effects for myself or anyone I know.

 

[bigbet1234]

Nevada casinos open in a few hours, effectively ending coronavirus related shutdown in the state. There were people in here shouting the pandemic would cause lots of doom and gloom, and there were others saying it wasn't a big deal at all. Anyone care to analyze the effects it had on them personally?

For myself, with the casinos closed I lost almost a full 2.5 months of income. Did get to bet esports, Belarus soccer, NFL draft, UFC, and Korean baseball, but that's such a tiny fraction of the normal amount of action I could normally get. But doing stuff other than playing casino games is really no big deal. It means I got to exercise more and spend more time on the computer, so that's cool. I would guess missing a couple months of income isn't that much of a big deal for most people here either. And I know most people kept working anyway. For young people who haven't yet had years of earnings, or anyone who had already spent most all of their money, I can see how that would have been a big deal and caused a lot of doom and gloom. Stock market investments are down overall this year, but most of that happened before the shutdown. During the shutdown, they went up.

No serious health effects for myself or anyone I know.

No one is feeling much right now other than small businesses. The pain is coming, it’s right around the corner.

Don’t you think it’s odd the market bounced back so quickly even though businesses are closing left and right and 1/4 people are unemployed and the numbers are worse than the Great Depression? You don’t think we have a shit storm ahead?

Feds can’t print money forever and keep investing in Junk Bonds. Definitely isn’t a buy and hold market like some want to believe. It will take some 20+ years to recover when shot finally hits the fan and many won’t.

 

[TomGshotput]

Don’t you think it’s odd the market bounced back so quickly even though businesses are closing left and right and 1/4 people are unemployed and the numbers are worse than the Great Depression? You don’t think we have a shit storm ahead?

I think it makes perfect sense, because stuff like Amazon, Google, Apple, Wal-Mart, represent such a huge chunk of the "market", and those guys will be fine. Most all of my ETFs are up for the year. Some of my individual stocks got crushed and some are way up. The high unemployment doesn't seem like a big deal, because we can all still take care of ourselves. Again, young people who haven't spent much time earning money might get screwed, hopefully they have some resiliency. Anyone older who is screwed by a couple months off work probably brought it upon themselves. In Las Vegas, I'm pretty sure Amazon and Wal-Mart are still hiring most anyone who applies.

 

[Enfuego]

Nevada casinos open in a few hours, effectively ending coronavirus related shutdown in the state. There were people in here shouting the pandemic would cause lots of doom and gloom, and there were others saying it wasn't a big deal at all. Anyone care to analyze the effects it had on them personally?

For myself, with the casinos closed I lost almost a full 2.5 months of income. Did get to bet esports, Belarus soccer, NFL draft, UFC, and Korean baseball, but that's such a tiny fraction of the normal amount of action I could normally get. But doing stuff other than playing casino games is really no big deal. It means I got to exercise more and spend more time on the computer, so that's cool. I would guess missing a couple months of income isn't that much of a big deal for most people here either. And I know most people kept working anyway. For young people who haven't yet had years of earnings, or anyone who had already spent most all of their money, I can see how that would have been a big deal and caused a lot of doom and gloom. Stock market investments are down overall this year, but most of that happened before the shutdown. During the shutdown, they went up.

No serious health effects for myself or anyone I know.

What do you do at the casinos?

 

[TomGshotput]

What do you do at the casinos?

Mostly machines. William Hill account was closed, so have to bet them over the counter, along with some football bets. Some blackjack.