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Alan Krigman Gaming Guru - Page 17Why blackjacks are more significant than most bettors realize18 October 2010
Blackjack buffs all know the joy attending an ace-10 duo showing at their spot on the table. Ask bettors why blackjacks are important, though. You're almost sure to hear it's mainly because they can't lose -- they win, or they push against dealers' blackjacks unless you buy insurance and "take even money." Secondarily, it's because they pay a nice little bonus. ... (read more)
Is the theory of streaks valid despite what the gurus say?11 October 2010
Lots of solid citizens believe gambling runs in streaks and that talk about randomness is guru gobbledygook. The idea is that to win big on a small stake in a non-jackpot game, you have to amass larger and larger payoffs using "the house's money" to press your bets during hot streaks. Of course, to avoid ... (read more)
If the laws of probability can't guarantee you'll win, what good are they?4 October 2010
Typical casino gamblers strike out blindly – or, worse, follow superstitions or myths – mind-lessly or even deliberately flouting tools that can aid them in making sound decisions in their punting pursuits. A major reason for this phenomenon is that folks in general want plain-English instructions saying "do ... (read more)
Casinos let you win more often than you lose. But there's a catch.27 September 2010
It isn't the difference between the odds of the house or the player winning particular bets that fills a casino's coffers. Urban myth aside, bettors can win more often than they lose. The rest of the story is that payoffs upon success are less than losses upon failure. And the bosses make their dough on the ... (read more)
Are Don't Pass superior to Pass bets at craps, and by how much?20 September 2010
Most casino craps players bet on Pass when the shooter is coming out. A few begin with wagers on Don't Pass. These solid citizens aren't usually shy about touting the superiority of bets they typically claim are against the shooter and with the house.
Is Don't Pass indeed a better option? If so, why and ... (read more)
Are multi-line slot machines more than just extra boops and beeps?13 September 2010
Multi-line machines have become the devices of choice among many slot aficionados. In part, because solid citizens who bet on lots of lines get the impression they're winning all the time. Or, at least, until they notice their totals gradually fading.
One reason for the popularity is the high level of ... (read more)
Every gambler makes mistakes but why do many keep making them?6 September 2010
Every casino gambler makes mistakes. Most know it and repeat them anyway. Primarily because they don't really grasp the underlying nature of their errors or why they commit them. An article on "behavioral finance" in The Wall Street Journal, aimed at investors, gives insights into this enigma. (The Mistakes ... (read more)
How vulnerable are blackjack dealers with fives- or sixes-up?30 August 2010
Most blackjack buffs breathe a sigh of relief when the dealer pulls a five- or six-up. These are, indeed, the weakest dealer upcards. If nothing else, sophisticated solid citizens know that proper Basic Strategy is to stand against them on any non-paired hard total of 12 or above, waiting out the dealer's ... (read more)
How much do Buys at craps improve, paying the vig only on wins?23 August 2010
Buy bets on four through six and eight through 10 at craps are of two types. Most commonly by far, the house collects a "vigorish" or "vig" up-front, when players make their wagers. A few casinos, regularly or as special promotions, take the fee out of the payoff only if and when the wager wins. The nominal ... (read more)
Which numbers at craps are better to Buy than Place?16 August 2010
Some craps buffs wager directly on fours, fives, sixes, eights, nines, or 10s. They win if the dice show the selected values and lose on sevens. The makes odds against winning 6-to-3 (2-to-1) on fours or 10s, 6-to-4 (3-to-2) on fives or nines, and 6-to-5 on sixes or eights. The bets have two modes: Placing and Buying. ... (read more)
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