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Alan Krigman Gaming Guru - Page 58  Don't Make Gambling More Complex, or Simple, than It Has to Be15 March 2002
The 14th Century philosopher, William of Occam, is credited for the maxim, "Simpler is better." The quote isn't exact. He really said, "Pluralitas non est ponenda sine neccesitate" (plurality should not be posited without necessity). But my way is simpler, so Occam would probably agree it's better. ... (read more)
The New Nickel Slots Give You Some Strategic Options6 March 2002
Nickel slot machines are the hottest new wrinkles in the casinos. If your friendly neighborhood gambling joint hasn't already refurbished a whole gallery for these li'l devils, it presumably has construction underway or blueprints on the drawing boards. And, not a musky corner with tattered carpets where they squeeze the last ounce of blood from the great unwashed and other low rollers. ... (read more)
Before Taking Advice, Consider What's in it for the Advisor26 February 2002
A month or so ago, two gents joined me at a blackjack table. One bought in from a thick stash of cash. The other didn't play. He seemed to be there to help his comrade. For instance, saying whether to hit or stand on close calls such as A-7 versus 10-up or 4-8 versus 2-up. Or suggesting when and how much to vary the bet. ... (read more)
Here's a Simple Worksheet to Estimate Bankroll Needs19 February 2002
Nothing crimps a gambler's style as badly as depleting a bankroll and lacking the wherewithal to scamper out of a hole. Sometimes, it can't be avoided. A player does right but a cold streak pushes the envelope of what ought to be the normal downswings. Far more often, premature ruin results from inadequately staking a betting strategy. ... (read more)
Whether Betting Progressions Work Depends on how "Work" Works13 February 2002
Strategies for varying bet size during a game are part of the gambling mystique. Not because, as some solid citizens believe, they're loopholes in the laws of chance. Rather, owing to the trade-offs they introduce between probabilities and amounts of wins and losses during sessions of reasonable duration. ... (read more)
After You Quit, You Can't Tell How You Would Have Done5 February 2002
Isn't it annoying? You abandon a casino machine or table disgusted at (or broke from) the game being colder than Fido's nose on a rainy midnight. Then you watch someone take your seat, play no differently than you did, and rake in the dough. Or, you stroll by subsequently and some smug never-say-die ... (read more)
Playing Multiple Spots Reduces Blackjack Bankroll Fluctuations28 January 2002
Betting buffs are often befuddled because they never learned the real lesson of Goldilocks. They gorge greedily on games and playing strategies too hot or too cold for their tastes, when out in plain sight is a bowl of porridge that would be just right. To an extent, the size and speed of bankroll ups ... (read more)
Know What You Can and Can't Control in the Casino23 January 2002
Other than "live" poker, casinos tender tests of chance, not skill. Good gamblers, of course, master the optimum decisions in card games such as blackjack and video poker. They also show cunning in other situations. For example, at craps they take or lay maximum odds on Pass, Come, Don't Pass, or Don't Come, they make Come rather than Place or Buy bets, and they avoid hedges. ... (read more)
Witless Winners May Need Advice but Prefer Applause16 January 2002
Here's the gist of Lesson 36 at the Hardnox Academy of Punting Pedagogy and Yogism (HAPPY): gambling gurus should take breaks occasionally from practicing what they preach, and stroll around the casino floor. The idea is to a) monitor the action; b) note the sublime, the ridiculous, and the range in ... (read more)
The Percentages Underlying the Games Are Fact, not Opinion12 January 2002
Many casino buffs wonder where the gambling gurus get the house advantages they blithely bandy about. And, since the authorities don't always seem to concur, how much of the information is hard fact as opposed to opinion or inference from cursory observation. The figures espoused by ethical experts are obtained using the laws of probability. ... (read more)
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