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Alan Krigman Gaming Guru - Page 88

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Winning Is Like Coming Out of the Rain

19 March 1996
t rains an average of 14 hours per day in far-away Soggyland. Occasionally, the rain is steady and persistent. Frequently, it's on and off. There are sprinkles; there are torrents. Unique local land, sea, and air conditions make the rain in Soggyland a nearly random process. Even short-term projections are unreliable. ... (read more)
 

Chance to Win Depends on Fluctuation as well as Edge

12 March 1996
Casino bets have only two inherent variables: the probabilities and amounts players can win or lose on each decision. It should therefore be easy to examine every game, analyze these two factors for all bets and decision strategies, and deduce what and how to play to get the greatest chance of making money. ... (read more)
 

Don't Let Winning and Losing Affect Your Self-Esteem

5 March 1996
asinos seem to bring out the best and the worst in people. Sure, winning is pleasure and losing is pain, the civility with which patrons are treated goes to the hearts of some and the heads of others, and money's involved. But the phenomenon is so strong, something deeper must drive the demeanor dichotomy. ... (read more)
 

Slowly but Surely Wins at the Tables as in the Fables

26 February 1996
ig casino winners fall into three groups: 1) folks who play and happen to hit longshots -- like slot jackpots or individual roulette numbers -- which pay high multiples of what's bet but rarely materialize; 2) players who raise their bets at what turns out to be early in a winning run; 3) individuals who start high and are astonishingly lucky. ... (read more)
 

When the Odds Say It's Best to Breach Basic Strategy

5 February 1996
Bona fide blackjack believers sometimes backslide. They deviate from, or at least deeply doubt, the dogma of basic strategy. Maybe they can't get themselves to split eights when the dealer has nine-up. Or are uneasy surrendering 15 to a dealer's 10. Or hesitate to hit 12 versus a dealer's two or three. ... (read more)
 

When You Quit, You Wonder What Would've Happened

29 January 1996
How do you make a profit in a casino? Quit when you're ahead. Almost everybody can remember moments during a game they had some of the house's money. Why don't more players keep it? Some say greed. Players aren't happy with a day's pay. They want the whole shebang, and blow it trying for a big score. ... (read more)
 

Basic Strategy in Blackjack Accounts for All Unseen Cards

22 January 1996
The influence bettors exert by deciding how to play their hands heightens the mystique of blackjack. Players who go "by the book" take pleasure in mastery of a sophisticated game. Those who covet splits and doubles, even when they're longshots, relish opportunities to raise bets after seeing their initial hands and the dealer's up-cards. ... (read more)
 

Aggressive Pressing Pits Big Wins against Wipe-Outs

15 January 1996
Players who've logged time at the likes of blackjack, craps, roulette, or baccarat know how to make big bucks at even-money table games. This doesn't mean they can, but they know how. The key? Pressing -- civilians call it "raising" -- at what turns out to be early in a winning streak, then backing-off when the run fizzles. ... (read more)
 

Slot Payback Percentages Do Affect Your Chances

8 January 1996
ou may have heard that slot machines in some casinos have higher "payback percentages" than in others. In New Jersey, where the mandatory minimum is 85 percent, casinos can't advertise payback rates but results for various size machines in each establishment are reported to and made public by the State every month. ... (read more)
 

Casino Math Isn't Always What You Learned in School

1 January 1996
ere I writing science fiction, I might depict a Class-M planet where a cosmic anomaly reversed certain familiar laws of math or physics. Maybe, no way to create light but methods of beaming out darkness. Or machines that speed up, not stop, when unplugged because energy accumulates rather than dissipates. ... (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.