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GAMING GURUS: LATEST FROM OUR STRATEGY EXPERTS
17 April 2017LAS VEGAS – It's a relatively quiet Monday afternoon at South Point Hotel Casino and Spa, and Jimmy Vaccaro is down, but far from out.At 71 years old, the celebrated Las Vegas bookmaker looks trim and fit as he parks himself on a comfy chair in the sportsbook, dressed in his signature white top and blue jeans...read more
15 April 2017If your friends think they know the ins and outs of blackjack, here is a little quiz to (hopefully) stump them.QUESTION: For every 100 hands that you play, using proper basic strategy, how many will you bust?ANSWER: You will bust about 16 hands on average out of every 100 hands played, using proper basic strategy.QUESTION: What is the more profitable hand for a blackjack player, a two-card hand that totals 11 or a pair of aces?ANSWER: The 11 is more profitable...read more
13 April 2017QUESTION: How is payback percentage on a slot machine calculated? I know I’m not really getting zero percent when I lose all my money, but I sure doesn’t feel like 90, either.ANSWER: Payback percentage is all money paid out divided by all wagers, with the result multiplied by 100 to convert to percent.For example, if players make $1 million worth of wagers in a machine, and it pays out $900,000, then you’d divide $900,000 by $1 million to get 0.90...read more
12 April 2017Question: I hate penny slots, and that’s all I can find anymore here in Oklahoma. I’d love to go back to Vegas but I’m pretty sure the situation is the same there. I used to sit for hours enjoying huge banks of quarter and sometimes dollar machines, while waitresses occasionally brought me free drinks...read more
11 April 2017FROM CLIFF: I loved the idea you have when playing slots. If I decide to play slots I look for the jackpot payouts being the same per coin, like: 1,500, 3,000 and 6,000. I have hit many a time 1,500 and very happy with the hit!I have two stories where I hit right away and went home.First was sitting down to play Three Card Poker...read more
9 April 2017A couple of months ago, I shared a few stories from readers about player vs. player tension at the tables. That brought several responses, with the most unusual coming from Elaine, who describes herself as a longtime low-budget player.“You won’t believe this, but I actually saw a big argument over a payoff at an automated table,” she said.With that, she had my full attention...read more
8 April 2017Over the last few decades, casinos have consistently chipped away at the returns for video poker. In the golden days of video poker it was very common to see video poker games that returned very close to – if not more than – 100%. Now it seems that the best games available in many casinos return less than 99%...read more
6 April 2017QUESTION: OK, I’ll admit it. I sometimes make the craps bets you and others think are nuts. I only do it when I’m winning and the shooter is on a roll. Then I try to spice up a nice session with some long shots. Hit a couple of 12s and a nice win becomes a big one.What I want to know is about payoffs...read more
5 April 2017Question: I am a junior student of math from China. I have a term project to do statistical computation of a slot game when a paytable and reel strip are given. I learned some computations from books and your website. But I got stuck when tried to compute the volatility of a slot game...read more