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Alan Krigman Gaming Guru - Page 65

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Opinion and Fact in Gambling: Room for Both, but Keep 'Em Separate

2 October 2000
My friend, Philo, joined me at a blackjack table and promptly announced "You gurus all say to hit 16s against sevens and up. But I always stand on 16. It busts most of the time when I hit, and this way I'm still alive to win if the dealer breaks." "It's your money," I replied, "so risk it however you want. ... (read more)
 

Multiple Place Bets at Craps Are Lay Bets in Disguise

2 October 2000
"Lay" bets at craps are gambles that the shooter will throw a seven rather than the number behind which the money is riding. Relatively few contemporary craps players make these wagers. The reasons are fourfold. 1) Many players think lays are bad form because they're "against" the shooter and "with" the house. ... (read more)
 

How Betting Progressions Affect Bankroll Swings

2 October 2000
Many table game players believe betting progressions are magical secrets of gambling success. While innumerable progressions are possible, all fall into four categories. 1) Raise bets randomly when you have a hunch you're going to win the next round, drop back when your extrasensory perception draws a blank. ... (read more)
 

Gambling Answers Only Help if You're Prepared to Use Them

2 October 2000
Slot players often quit at the low or high points of their sessions, reflecting a widespread motivation to risk everything on a shot at a major score. Table players, who are typically inclined toward moderation in risk and reward, more frequently call it a day after recovering a bit from low points or dropping somewhat from profit peaks. ... (read more)
 

How Often Can You Expect to Win

5 September 2000
Flat bets on Pass, Come, Don't Pass, and Don't Come at craps are expected to win as close to half the time as any even-money wagers in the casino. In terms of house advantage, they're improved by taking or laying odds after a point is established. Still, embellishments aside, they're ... (read more)
 

Staying in the Game Helps Get that Shot at a Hot Streak

29 August 2000
Winning in a casino often seems to boil down to being in the right place at the right time. Is it all a matter of luck, or are skill, knowledge, and a knack for the numbers somehow involved? Solid citizens who are serious about gambling, who assimilate experience and respect arithmetic, will be happy to learn that expertise is indeed a factor. ... (read more)
 

What if They Let you Choose Your Own Slot Jackpot?

29 August 2000
How would you like it if they let you pick the amount of the jackpot on your favorite slot machine? For example, any time during a session, you could push a special button that put the machine in a personalization mode. This would let you punch in whatever amount you wanted to win, ... (read more)
 

Gambling Involves More, and Less, than Meets the Eye

22 August 2000
There's more to casino gambling than meets the eye. And, at the same time, there's less. More than meets the eye, when options during the action affect chances of various results. More, when choices of single and combined bets yield different chances to win and payoffs for success. ... (read more)
 

In the Casino, Seeing Shouldn't Always Be Believing

22 August 2000
Theories abound as to what makes cards, dice, and pictures on slot machine reels and screens exhibit the trends and patterns many bettors know they see and believe occur. Gamblers reinforce their beliefs by watching for supporting instances, taking these events as evidence and ignoring ... (read more)
 

Bankroll Helps at High-Jackpot Slots…But Doesn't Help Much

18 August 2000
To certain solid citizens, the whole idea of a casino is a shot at a giant slot jackpot. They jump on machines with set-for-life top lines. They rarely stop with mere respectable earnings, or when a few good spins lift them from loss to profit. They keep pumping until they either hit it big or run out of time or money. ... (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.