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Alan Krigman Gaming Guru - Page 42

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When Should You Ignore the Maximum Coin Rule at the Slots?

6 April 2005
"Let me tell you about the very rich," wrote F Scott Fitzgerald in the short story, The Rich Boy. "They are different from you and me." Ernest Hemingway, in The Snows of Kilimanjaro, responded, "Yes, they have more money." Ponder this when next you read or hear a punting pundit pontificating that you should always play the maximum number of coins in a slot machine. ... (read more)
 

How to Use the Volatility Choices Offered by the New Slot Machines

30 March 2005
Everyone knows that casinos have an edge on every bet they book. Yet, this isn't the whole story of gambling. Players can win despite the edge. Or lose but get enough play making bets of moderate size, starting with affordable stakes, to deem their dough well spent. And when luck is bad, they can also ... (read more)
 

What If You Hit Rather than Doubled on Your 11s in Blackjack?

23 March 2005
Everyone more than casually familiar with casino blackjack knows "the book" says to double down on two-card totals of 11 versus anything but a dealer's ace. It's the strongest Basic Strategy double measured in terms of "expectation," the statistically projected profit, especially compared with simply ... (read more)
 

Can Gamblers Get Momentum?

16 March 2005
Momentum. Sports teams have it, can't seem to get it, are gaining it, or are losing it. At least, that's what commentators say in print and over the airwaves. Ditto for candidates during election campaigns. Momentum implies more than merely racking up a series of wins. It connotes progress being made ... (read more)
 

If Anything Can Happen in a Single Session, Why Sweat the Details?

9 March 2005
Place and buy bets at craps are wagers on one or more of the numbers four, five, six, eight, nine, or 10. The bets win if the dice show the indicated total; they lose if a seven appears. Chances of winning, payoffs, and house advantage differ among the choices. Buying the four or 10 for $29 and ... (read more)
 

Omission, Commission, and Soft Doubles at Blackjack

1 March 2005
Some so-called "soft" two-card blackjack hands, incorporating aces, offer players more "expected" profit by doubling down than by hitting or standing versus low dealer upcards. This is why the move is specified in those Basic Strategy charts. Doubling, if you're a neophyte, means matching your original ... (read more)
 

Playing Roulette so that One Winning Bet Gets You Back

22 February 2005
The records of gambling history are replete with sad stories of sorry solid citizens who think they've surmised the supreme secret the bosses don't want anyone to know. It's raising their bets after every loss until the inevitable win boosts them out of the hole and over the top. This strategy for ... (read more)
 

You Can Trust Your Intuition at Video Poker, but Just So far

15 February 2005
Suppose you got a starting hand of 3-H 7-H 8-H 9-H 10-D at video poker. Do you ditch the diamond and look for the heart flush. Or throw the three and hope for a straight? Most solid citizens would go for the flush, reasoning intuitively that it would pay better. The gurus would use more rigorous logic but, in this case, reach the same conclusion. ... (read more)
 

Insurance Is a Poor Bet at Blackjack, but not Uniformly So

8 February 2005
Anyone who's ever sidled up to a casino blackjack table knows "the book says you're not supposed to take insurance." If not before, a neophyte will surely hear it from the veterans when the opportunity to make the bet first arises. Some of the veterans, of course, will be rationalizing why they're ... (read more)
 

Should You Bother to Learn the Optimum Strategy for Video Poker?

1 February 2005
Many casino visitors think that, in games requiring decisions during the action, what the gurus call "optimum strategy" doesn't matter much. They're right in that someone can win with guesswork and lose with the laws of probability; further, while arithmetic occasionally yields conclusions ... (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.