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Alan Krigman Gaming Guru - Page 62  Why Do Slot Players Win Big, When Table Games Have Lower Edge?26 April 2001
A factor contributing to the appeal of the slots is the chance to arrive at a casino by bus and depart by limo. Say, by parlaying $100 into $500,000. Traditional table games, with no bonuses or progressive side bets, don't seem to offer this opportunity. Yet, the old table standbys ... (read more)
Internet Casinos and the Invasion of the Androids16 April 2001
Say you could focus faultlessly on any task despite distracting influences, had infallible memory, and could accurately and rapidly do intricate calculations in your head. Would these robotic aptitudes make you a force to be feared in the casino? Certainly. At least at blackjack and in "live" stud poker. ... (read more)
The Experts Hedge on Wall Street, Why not at the Casino?10 April 2001
Hedges in gambling are means of "protecting" one bet with another -- akin to taking out an insurance policy. The idea is widely employed by sophisticated investors in the stock and bond markets. It can be applied in the casino as well. Casino gambling hedges are most common at craps. ... (read more)
Why Being Too Clever by a Half Doubles the Casino's Edge3 April 2001
Every so often -- too often, actually -- craps players "discover" how to beat the casinos by betting both Pass and Don't Pass then taking or laying odds on one or the other. Their theory is that the flat bets are self-canceling, except for the rare loss on the come-out when a 12 appears. ... (read more)
This Elegant Roulette Bet Has Good Prospects for Fun and Profit25 March 2001
Roulette has flocks of faithful fans in the ranks of casino regulars. It's also popular among conventioneers, vacationers, and other civilians who gamble on special occasions. The latter groups particularly like table games that seem elegant yet unintimidatingly straightforward. And it's ... (read more)
Do all the Good Hands You Remember Mean You Almost Won?21 March 2001
Video poker games have high "hit rates" compared to most other slot machines. Bells, whistles, and electronic renditions of tunes that would drive the average person bonkers if they didn't signal success are activated on over 46 percent of all rounds on jacks-or-better and deuces wild versions. ... (read more)
Why 10+2 Doesn't Equal 9+3 at the Blackjack Tables15 March 2001
Every experienced blackjack buff knows "the book" says to hit 12 versus a dealer's 2-up. Few solid citizens are sure why, because they seem to lose when they do. But that's another story. Suffice it to say for now that your soft underbelly is exposed in this situation no matter how you handle it, but expectation isn't quite as bad hitting as standing. ... (read more)
Do You Sweat the Odds in Shooting for Big Jackpots?7 March 2001
I recently discussed table games with jackpots. And, yes, it happens, I goofed in deriving the figures. I said, at "Pai Gow poker, the odds of forming a royal from five out of seven cards, irrespective of the other two, is one out of 30,939... Adding the condition that the two-card hand ... (read more)
Estimating How Often You Should Win Is Different than Doing It.28 February 2001
Casino gamblers have wide latitude in tailoring their chances of winning or losing specific sessions. Within bounds imposed by the edge inherent in a game, this is achieved chiefly by sizing bets relative to a bankroll, raising or lowering wagers randomly or according to prior results, and setting gain and loss levels at which to quit. ... (read more)
How Long Must You Play before the Edge Costs You One Bet?21 February 2001
House advantage on most casino bets is obscured in the fog between the chance of winning and the payoff. Confusion is compounded by the fact that chances and payoffs are commonly described in terms of "odds," which most solid citizens readily envision, while edge is usually stated as a "percentage," which folks frequently find flustering. ... (read more)
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