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Alan Krigman Gaming Guru - Page 84What Causes Streaks in Gambling?28 January 1997
Gamblers believe in streaks. A machine or table or dealer is hot or cold. Not "has been" hot or cold, "is" hot or cold. Meaning the past should continue into the future. Implying a cause - an inexplicable force, a mystical power, someone in the back room pushing the right buttons, that kind of thing. ... (read more)
What Money Management Can and Can't Do21 January 1997
Everyone who knows the way to a casino wants badly to believe in the magic of money management. Why the elevation to an element of faith? It's common knowledge that the house has an edge at every machine or table. Folks who willfully wager with negative expectation need an escape hatch. To balance the scales. ... (read more)
Taking Odds in Craps Goes Beyond Cutting House Edge14 January 1997
raps players with money on pass, come, don't pass, or don't come can augment their wagers after the shooter has established a point for the primary bet. The auxiliary bet is known as "free odds" or, more simply, "odds." Most dice devotees bet the odds because they've been told it's the correct thing to do... ... (read more)
In Blackjack, Splitting Is Good and Resplitting Is Better7 January 1997
Splitting pairs is among the most powerful tools available to blackjack buffs. This option applies when the initial two cards are a pair. A player can place a second bet - equal to the first - then work each of the cards as the start of a separate hand. Multiple spots formed by splitting are subject to some restrictions. ... (read more)
Why a Video Poker Bonus May Be No Bargain24 December 1996
It seems like whenever you check out the video poker machines in a casino, you find a new twist. Often it's a bonus for particular hands. You're supposed to think you're getting some kind of bargain. And, sometimes you are. But not usually. One hitch is that most bonus machines have the same payout rates as their plain-Jane cousins. ... (read more)
What's the Advantage of Card Counting in Blackjack?17 December 1996
Blackjack card counting! Words that panic the pits and exasperate the executive suite. Cautious casinos even have count teams. Members, fronting as friendly floorpeople, monitor blackjack tables and thwart suspected counters - usually by shuffling after half or fewer of the cards have been dealt. ... (read more)
What's the Best Time to Change Machines or Tables?10 December 1996
You've been playing for what seems like an eternity. Other than the odd up-blip, staged as a teaser by greedy gambling gods, it's been a disaster. You could take a break, maybe call it a day. But, say you want to keep on trucking. You're emotionally prepared for downswings. You have the time and bankroll to tough it out. ... (read more)
In Poker, Take Odds on the Pot; Don't Marry It3 December 1996
Pablo sketches what he says are children dancing around a dove. If Pablo's surname is Picasso, Southeby's sells it for millions. If Pablo's last name is something else, his mom hangs it on the refrigerator with a magnet next to the Joe's Funeral Home calendar. To most folks, the pictures seem interchangeable. ... (read more)
What Are Your Chances of a Profitable Match at Keno?26 November 1996
It's tough to deny the appeal of propositions proffering big bucks for itty-bitty bets. Slot machines and jackpot side-bets in Caribbean Stud are like that. But most such games aren't designed for taking a quick shot and walking away. They're meant to be played for extended sessions. So, chump change nobody will lament losing can quickly become major money mournfully missed. ... (read more)
You Can Raise Your Chances of a Long Series of Winning Sessions19 November 1996
I'm forever hearing about players who "must" have foolproof systems because they always - well, almost always - win. There are no such systems. Even card counting in blackjack and progressive jackpots so high they give players a slight edge don't guarantee a win... let alone a long queue of casino conquests. ... (read more)
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