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Alan Krigman Gaming Guru - Page 73  To Some Craps Players, the Value of Hedges Is Worth their Price15 March 1999
Craps offers numerous ways to hedge bets -- to "protect" one wager with another. And dexterous dice devotees often cherish the chance to do so, frequently following the philosophy that hedges can never get too elaborate and the most baroque are the best. The laws of probability decree ... (read more)
How Often Can You Expect to Split or Double in Blackjack8 March 1999
House advantage in blackjack results because the player's hand is decided after the dealer's. Players therefore lose by going over 21, even if the dealer later busts. The standard casino rule, hit below 17 and stand thereafter, leads to about 28 percent chance of breaking. If players also adhered ... (read more)
When You Set Your Goals, You Define Your Risks1 March 1999
The first decision gamblers make, consciously or by default, is whether to invest their stakes in a strong chance at a modest profit or a weak shot at a huge payday. Other than in dreams of gliding up to a machine or table on a moonbeam, at what turns into the onset of a hall-of-fame hot streak, you can't have it both ways. ... (read more)
Not by Edge Alone: Ranking Bets by Risk of Ruin22 February 1999
Casino bets are usually evaluated in terms of house advantage or edge. By this standard, baccarat is superior to roulette; the former has bets with edge as low as 1.17 percent, while the best you can do in the latter is about 2.6 percent. Likewise, place bets on six or eight in craps are preferred over those on four or 10 -- the house getting 1.5 and 6.66 percent, respectively. ... (read more)
Can You Spin Your Way to a Giant Slot Jackpot?15 February 1999
The newest craze at your friendly neighborhood casino is the spin-a-winner giant jackpot slot machine. First you "qualify" by hitting a jackpot combination on the regular reels. Then you go into adrenaline mode where the electronic equivalent of a whirling wheel determines how much you're paid. ... (read more)
You Can Improve Your Chances without Reducing the Edge8 February 1999
You've probably read or heard about betting schemes, quitting strategies, profit-pocketing procedures, and other ways insiders improve their odds of success. Such money management methods are among the most deeply deliberated aspects of casino gambling -- after how to get a "comp" for the buffet, of course. ... (read more)
A Blackjack Bonus May Be No Bonanza1 February 1999
Casinos sometimes offer bonuses for certain blackjack hands. I don't mean giant jackpots awarded for extra money wagered on side bets. Rather, premiums such as automatic 2-to-1 payoffs for 7-7-7 or non-breaking six-card hands -- even if they push or lose. Naturally, if you earn a bonus because of a lucky draw, you won't turn it down. ... (read more)
How Many Boxes Should You Cover with Place Bets at Craps?25 January 1999
Craps players often build strategies around "place" bets. These are wagers made directly on one or more of the numbers four, five, six, eight, nine, or 10. Experienced bettors recognize the symmetries in, and progression of, these options. 6 & 8: Odds are 6-to-5, payout is 7-to-6, edge is 1.5 percent. ... (read more)
How Betting Systems Affect Your Session Chances18 January 1999
Betting systems abound for casino games that pay even money -- 1-to-1 -- or close to it. While particulars vary greatly, the systems fall into three general categories. Flat: keep bets constant, waiting for a streak of successes. Negative progressions: raise bets after losses, trying to recover on an eventual win. ... (read more)
Use the Payout Tables when Choosing Slot Machines11 January 1999
A big trouble with slot machines is there's no way to know when one of the little bandits is about to unleash that elusive avalanche of cash. Even the devils who make the devices and the casinos who operate and maintain them can't ascertain this. Still, which slot you decide to play is by no means irrelevant. ... (read more)
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