Roselli Brothers

The History of Past Posting: From Horse Racing to Casinos

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The History of Past Posting: From Horse Racing to CasinosPast posting, a term that has become synonymous with a variety of gambling scams, has its roots in the world of horse racing and has since evolved to infiltrate casinos worldwide. The practice involves placing a bet after the outcome is already known or after the event has started, exploiting timing gaps and loopholes in the betting system. This scam has a long and colorful history, from the racetracks to the modern-day gaming floors of casinos, impacting everything from blackjack to roulette.

The Origins: Horse Racing:

The concept of past posting began in the early 20th century with horse racing. Before the advent of modern communication and technology, race results were often delayed in transmission. Cunning bettors would use this delay to their advantage, placing bets on races they already knew the outcome of. This exploitative practice was made possible due to the slower communication systems, where results from remote racetracks took minutes or even longer to reach betting parlors. Bettors who had connections or inside information could leverage this time lag to make bets on races that had already concluded, often walking away with significant winnings.

One of the most famous names associated with past posting in horse racing is Arnold Rothstein, the infamous gangster and gambler. Rothstein is widely believed to have orchestrated the 1919 World Series fix, but his influence extended into horse racing and betting scams, including past posting.

Evolution into Casinos:

As technology improved and horse racing authorities tightened their controls, past posting found a new home in casinos. The basic principle remained the same: exploiting timing discrepancies to place bets after an outcome was known. In casinos, this scam took on various forms, particularly in games like blackjack, roulette, and craps.

One notorious example of past posting in a casino setting occurred in the 1970s in Las Vegas. A group of gamblers, later known as the “MIT Blackjack Team,” used sophisticated techniques to manipulate the timing of their bets in blackjack, ensuring they placed higher wagers when the odds were in their favor. Although not technically past posting in the traditional sense, their methods relied on similar principles of exploiting gaps in the system.

In roulette, past posting often involves slipping an extra chip onto the winning number after the ball has landed. Dealers are trained to watch for this, but skilled past posters can be incredibly difficult to catch in the act.

Is Past Posting Still Used Today?

Despite advancements in security and surveillance technology, past posting is still attempted in modern casinos. However, the risk of getting caught has significantly increased, with severe consequences for those who are caught. Casinos employ a variety of measures to prevent this scam, including advanced surveillance systems, RFID-chipped betting tokens, and highly trained staff.

The Costs for Those Caught:

The repercussions of getting caught past posting are severe. In the best-case scenario, the cheater is banned from the casino and has their winnings confiscated. However, in many jurisdictions, past posting is considered fraud, a criminal offense that can lead to arrests, hefty fines, and even prison sentences. Casinos also share information about known past posters with other establishments, making it nearly impossible for offenders to continue their schemes elsewhere.

Conclusion:

Past posting has evolved from a simple racetrack scam into a sophisticated method of cheating in casinos. While its success has diminished due to enhanced security, it remains a cautionary tale about the lengths some will go to in the pursuit of easy money. For those considering it, the risks far outweigh the potential rewards, making it a high-stakes gamble in itself.

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Past Posting at Casinos: A Risky Game of Timing and Deception

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Past Posting at Casinos: A Risky Game of Timing and DeceptionPast posting is one of the oldest and most daring forms of casino cheating. This technique involves placing or altering a bet after the outcome of a game is known but before it is officially closed. The practice, which dates back to the early days of horse racing and gambling, has been employed by numerous individuals who sought to exploit the timing and distractions inherent in casino operations.

The Origins of Past Posting:

The concept of past posting originated in the world of horse racing, where it was used to describe the act of placing a bet after a race had already begun or even after it had ended. In the early 20th century, when communication systems were slower and less reliable, it was easier for a savvy bettor to place a wager at a betting window that had not yet received the latest race results. As gambling evolved and spread to casinos, the technique was adapted to various games, including roulette, blackjack, and poker.

The term “past posting” itself comes from the practice of “posting” or marking bets on a betting board. When a bet is “posted,” it is recorded and official. To “past post” is to change or place a bet after the fact, hoping that the change will go unnoticed by the dealer or pit boss.

Techniques Used in Past Posting:

Past posting requires precise timing, coordination, and often the assistance of accomplices. Here are some of the common techniques employed:

Roulette Switching: One of the most popular past-posting methods involves roulette. A player or accomplice watches the ball closely, and as soon as it lands on a number, they attempt to switch chips on the table, placing higher-value chips on the winning number. This technique is typically executed during the brief moments of confusion or distraction before the dealer calls “no more bets.”

Blackjack Bet Adjustments: In blackjack, past posting can occur when a player adjusts their bet after seeing the outcome of a hand. This might involve subtly adding chips to a winning hand or reducing the bet on a losing hand, often while the dealer is distracted or during a dealer change.

Chip Manipulation: In some cases, players have been known to palm chips and then place them on the table after the outcome is known. This method requires sleight of hand and is often performed by skilled magicians or trained con artists.

Inside Help: In more sophisticated operations, past posters may enlist the help of casino employees. A dealer or pit boss might be bribed to look the other way or to manipulate the game in favor of the cheater, ensuring that the past posting goes undetected.

Repercussions for Casinos and Individuals:

Past posting, while potentially lucrative, is illegal and carries severe penalties for those caught. Casinos invest heavily in security measures, including surveillance cameras, trained security staff, and advanced software designed to detect irregularities in betting patterns. If a player is caught past posting, they face immediate ejection from the casino, forfeiture of any winnings, and potential criminal charges, including fraud and theft.

For casinos, the financial repercussions of successful past posting can be significant. A single successful past-posting operation can result in the loss of tens or even hundreds of thousands of dollars. Beyond the financial impact, casinos also risk damage to their reputation if they are perceived as vulnerable to cheating.

5 Key Points:

Historical Roots: Past posting originated in horse racing and was later adapted to casino games, showcasing the adaptability of this technique across different gambling formats.

High-Stakes Targets: Past posters often target high-stakes games, where the potential rewards are greater, making the risks seem worthwhile.

The Role of Accomplices: Successful past posting often involves a team effort, with one or more accomplices distracting dealers or manipulating chips.

Casino Countermeasures: Modern casinos use advanced surveillance technology and employ expert security teams to detect and prevent past posting, making it increasingly difficult for cheaters to succeed.

Legal Consequences: Individuals caught past posting face serious legal repercussions, including criminal charges, fines, and potential imprisonment, as well as lifetime bans from casinos.

In conclusion, while past posting is a clever and tempting tactic for those looking to outsmart the system, the risks far outweigh the rewards. Casinos are well-equipped to detect and punish such behavior, ensuring that the odds always favor the house.

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The Roselli Brothers: Masters of Casino Scams

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The Roselli Brothers: Masters of Casino ScamsThe Roselli Brothers, known as Dominick and Vincent Roselli, became infamous in the world of gambling for their audacious and sophisticated scams that targeted casinos across the United States. These two New Yorkers, born into a working-class Italian-American family, turned their affinity for card games and an understanding of human psychology into a lucrative yet dangerous career in the 1990s and early 2000s.

The Story of the Roselli Brothers:

Dominick and Vincent grew up in the Bronx, where they were introduced to gambling at a young age. Fascinated by the art of deception, they began to experiment with various cheating techniques at local card games. Over time, they perfected their skills, eventually graduating from small-time hustles to targeting some of the most prestigious casinos in the country.

The brothers developed a method known as “past-posting,” a technique where a bet is placed after the outcome is known but before it is declared. Using inside help and their own sleight-of-hand skills, the Rosellis managed to exploit vulnerabilities in casino operations, particularly in roulette and blackjack games. They would often employ accomplices to distract dealers or work with corrupt casino employees to ensure their schemes went undetected.

Their scams were highly profitable, allowing the brothers to live a lavish lifestyle. They spent their ill-gotten gains on expensive cars, luxury homes, and extravagant vacations. For years, the Roselli Brothers managed to evade law enforcement, becoming legends in the underground world of gambling cheats. However, their luck eventually ran out when a disgruntled former associate tipped off authorities. In 2002, the FBI launched an investigation that culminated in the brothers’ arrest. They were charged with multiple counts of fraud and conspiracy and sentenced to several years in federal prison.

Five Points of Interest:

Masterminds of Past-Posting: The Roselli Brothers’ primary method of scamming casinos was past-posting, a technique that requires impeccable timing and coordination. This method is considered one of the most difficult and daring forms of casino cheating, as it involves manipulating bets after the outcome is known, often right under the noses of casino staff.

Lavish Lifestyle: The brothers’ success in scamming casinos allowed them to live in luxury. They were known for their love of fast cars, high-end fashion, and exotic vacations. Their opulent lifestyle was funded entirely by their illegal activities, making them a modern-day Bonnie and Clyde in the world of gambling.

High-Stakes Targets: Unlike many small-time cheats, the Roselli Brothers didn’t shy away from high-stakes targets. They often targeted some of the most prestigious casinos in Las Vegas and Atlantic City, making off with hundreds of thousands of dollars in a single night. Their boldness and ability to pull off scams in such high-profile venues only added to their notoriety.

Downfall and Arrest: The brothers’ downfall came when a former associate, feeling cheated out of his share of the profits, turned informant. His cooperation with the FBI led to a sting operation that resulted in the brothers’ arrest. The case against them was solid, and they were ultimately convicted and sentenced to prison.

Legacy in the Gambling World: Despite their criminal activities, the Roselli Brothers have become legendary figures in the gambling world. Their story has been featured in documentaries and books, serving as both a cautionary tale and a fascinating account of the lengths to which some will go to beat the house.

The Roselli Brothers’ tale is a reminder of the allure of easy money and the consequences of living a life of crime. Their ability to deceive some of the most secure establishments in the world made them infamous, but in the end, it also led to their undoing.

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