Rob Cheng’s Blog

Rob Cheng’s Blog

Formerly, My Stoned Thoughts

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How to Win in Las Vegas

I went to Las Vegas a few weeks ago and I won about $2000. It had been a long time since I had gambled but I got to thinking about it. After I left Gateway in 1999, I had a certain fascination for gambling and I went on an incredible run.

In fact, long before there was blogging, I made a list of all my winnings. Here they are:

Date Winnings Location
Feb 12, 1999 $1500 Las Vegas
Feb 13, 1999 $1500 Las Vegas
Feb 14, 1999 $1500 Las Vegas
Feb 20, 1999 $2500 Sioux City
Mar 6, 1999 $2000 Sioux City
Mar 20, 1999 $4000 Las Vegas
Mar 21, 1999 $2000 Las Vegas

So in the space of about six weeks, I made $15,000! I remember it well, because I was always walking around with a wallet full of one hundred dollar bills. When I think about this time, and all my times before, there is one simple rule that will allow you to consistently win money gambling. I mainly play blackjack but this simple rule most likely work for virtually any type of gambling.

Before I start, there is one prequisite. In the case of blackjack, you need to know what you are doing. There is a certain way to play the cards, and you have to always play the cards “according to the book”. If you play each hand according the book, your odds of winning each hand is right about 49% or maybe a little higher but less than 50%. You get the idea. More »

My Résumé

When I look back at when I was a teenager, I was always trying to figure out a way to make money. I wasn’t in love with money, nor was I materialistic, but I loved the independence of money. Back in the 1970′s, I burned almost all of my money on calculators and music. Find below, the work that I did, that really never found its way on to a résumé. I have accomplished a lot in my work life, but I am equally as proud of my pre-career as well.

One important note. Somehow, somewhere, something changed. When I was a boy, me and all of my friends wanted to work. We wanted to learn how to make money, become independent of our parents, and not have an allowance. Today, it is clear that not all teenagers work. It seems almost as if the ones that work are looked down upon, by the non workers. For me, that seems upside down. More »

Building a New House

I made a lot of mistakes on my first house in South Dakota although I paid a really good price for it. I wanted to share with everyone a few thoughts on other things I learned from building my second house in Myrtle Beach.

Things I did right:

  • Put the kitchen in the middle of the house. More »

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Books Read

A Death in Vienna
by Daniel Silva
Read in Jan 2012
Check it out at My Book List.
Steve Jobs
by William Isaacson
Read in Nov 2011
Check it out at My Book List.
The Litigators
by John Grisham
Read in Nov 2011
Check it out at My Book List.
Confidence Men
by Ron Suskind
Read in Nov 2011
Check it out at My Book List.
Boomerang
by Michael Lewis
Read in Nov 2011
Check it out at My Book List.
Die Trying
by Lee Child
Read in Oct 2011
Check it out at My Book List.
Money and Power
by William Cohan
Read in Sep 2011
Check it out at My Book List.
The Fifth Witness
by Michael Connelly
Read in Aug 2011
Check it out at My Book List.
Killing Floor
by Lee Child
Read in Aug 2011
Check it out at My Book List.
Endgame
by John Mauldin
Read in Jul 2011
Check it out at My Book List.

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