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Alan Krigman Gaming Guru - Page 32

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Playing it smart - There's more than one honest way to leave a casino in a limo

7 May 2007
It's easy to make big bucks at a casino if you're a high roller. Go to a baccarat table with $50,00d. Bet it all at once on Player. The chance is about 49.3 percent, slightly under half, you'll win $50,000 and leave with $100,000. Of course, the flip side is a 50.7 percent chance, just over half, you'll bust out. ... (read more)
 

Playing it smart - How do you decide between keeping a sure thing and taking a shot?

30 April 2007
How close are you to joy beginning a round of jacks-or-better video poker with four cards to a Royal? The answer depends on the four cards you hold as well as on the one you throw away. Say you start with 10-J-Q-K of diamonds and something irrelevant such as a six of clubs. You dump the six. Five of the 52 cards in the deck are gone, leaving 47. ... (read more)
 

Playing it smart -Splits at blackjack are advantage bets even if they don't yield an edge

23 April 2007
When you start a round at any casino game, you're the underdog. The house has an edge on your action. In blackjack, for instance, say you bet $10 and follow Basic Strategy at a table with more or less standard rules. At the getgo, your $10 has an expected value of $9.95 with that figure reflecting probabilities and payoffs. ... (read more)
 

Playing it smart - Avoiding risk on advantage bets without conceding all the gains

16 April 2007
Avoiding risk on advantage bets without conceding all the gains Whew! Try to write that an advantage on a bet isn't the same as a guaranteed win. And that the laws of probability aren't the only factors gamblers might weigh, especially if the agony of defeat isn't worth the risk associated with the ecstasy of victory. ... (read more)
 

Playing it smart - A betting strategy can't bring you luck

9 April 2007
How does betting $12 on the six differ from dropping $6 each on the six and eight at craps? Either way, you lose $12 if the dice show a seven, a fate you figure will befall on the average of six times in every 36 throws. With the whole amount on the six, you expect to pick up $14 on the average of five times in every 36 throws. ... (read more)
 

Playing it smart -Should you take down craps bets on which you have an edge?

2 April 2007
Craps players who wager on Pass and Come can increase or decrease the amount they "take" as Odds during the point phase of a roll. But they must leave the initial "flat" part of the bet as-is. Solid citizens who wager on Don't Pass and Don't Come can change what they "lay" as Odds and also lower or remove their flat bets. ... (read more)
 

Single-deck 6-to-5 blackjack isn't always hazardous to your wealth

26 March 2007
Say you play the usual version of blackjack offered in casinos these days. You'll be able to split any pair, double down on any two cards including hands formed by splits, and will be paid 3-to-2 for a winning blackjack. Unless you're a high roller, the game will be dealt from an eight-deck shoe. If you ... (read more)
 

Take another look at Come bets in craps

19 March 2007
Seasoned craps aficionados often elect to have several numbers working for them simultaneously during a shooter's hand. By far, the most common way to achieve this is to start with a bet on Pass. Then, after the come-out roll has established a point, to make Place bets on one or more of the five remaining ... (read more)
 

What's good about multi-hand poker machines, and what's dangerous

12 March 2007
Picture a nothing-wild (jacks-or-better) video poker game, in which you start by receiving a low pair. Assuming you're not so wet behind the ears as to hold some kind of "kicker," you'll keep the pair and draw three new cards. Your chances of improving to a winning hand, and the returns you'll receive at a ... (read more)
 

Doubling in blackjack when basic strategy says "no"

5 March 2007
Doubling down in blackjack is a powerful tool for players. Solid citizens can make second bets up to the amounts of their first, after seeing their initial two cards. The second bet is an option for use under favorable conditions. A limitation is that players get one and only one card, which isn't always to their liking. ... (read more)

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Alan Krigman
Alan Krigman was a weekly syndicated newspaper gaming columnist and Editor & Publisher of Winning Ways, a monthly newsletter for casino aficionados. His columns focused on gambling probability and statistics. He passed away in October, 2013.
Alan Krigman
Alan Krigman was a weekly syndicated newspaper gaming columnist and Editor & Publisher of Winning Ways, a monthly newsletter for casino aficionados. His columns focused on gambling probability and statistics. He passed away in October, 2013.