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Alan Krigman Gaming Guru - Page 89

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How to Avoid Three Common Disputes at Craps

31 December 1995
Considering the number and variety of bets spread around the layout in the excitement of a craps game, payoff disagreements are bound to happen once in a while. If you understand a few subtleties of the game, you can avert many arguments - skirting lots of grief and preventing loss of money due to careless error. ... (read more)
 

Casino Buffs Aren't Alone; Everyone Looks for Patterns

11 December 1995
mblers often look for patterns in outcomes of casino games. Things such as cycles, results following series, or events presaging one another. We find them as byproducts of our ability to discriminate signals flooding our six senses. Unfortunately, the notion of patterns in casino games is meaningless. ... (read more)
 

Patterns Exist in Gambling, But They're Meaningless

4 December 1995
fellow sat at a blackjack table where I was playing, bought in for $75, and started with a $25 bet. He was astonishingly lucky and soon had $300 in front of him. He then bet $150 and lost. Resolute, he bet the remaining $150 and lost again. The fellow rose to leave, broke, muttering mantras reserved for XXX web sites. ... (read more)
 

Numbers Can Fool You, in or out of the Casino

27 November 1995
Statistics can be misleading. Often inadvertently, sometimes deliberately. Casino gambling, based as it is on numbers, is especially vulnerable. But errors in statistical reasoning also plague the "real world" where their impact is far more serious. Casino hoopla giving totals paid by slot machines during some period are an example. ... (read more)
 

Consistency Means Never Having to Say "I Should'a"

20 November 1995
ntrary to common casino canon, consistency doesn't affect chance. Play consistently well, for instance bet where house edge at craps is lowest, and improve your prospects; the key word is "well," not "consistently." Play consistently poorly, say hold three low cards for inside straights at video poker, and ... (read more)
 

You Can Bet Below the Table Minimum, for a Price

13 November 1995
inimum bets at tables are too costly for some casino patrons. One result is that many casual players avoid serious games. Another is that bettors wager too high for their bankrolls and get knocked out of action during normal cold spells. A third is that little boys and girls are swept up in the excitement and risk more than the recess money momma stuffed in their fanny packs. ... (read more)
 

Blackjack Players Don't Glorify Sweet Sixteen

6 November 1995
veryone dreads pulling a "hard" 16 at blackjack when the dealer shows nine, 10, or ace. With good reason. They're among the worst hands you can draw, the stiffs with the least chances of winning. But, if you play them correctly, you can trim the expected losses. Here are the options: Draw a card. ... (read more)
 

In and Out of the Casino, a Dollar is a Dollar

30 October 1995
acky ideas take root and flourish on the casino floor. The wackiest involve money. Cynics assume casino bosses nurture dollar dementia to help ensure, as George Buchanan said, "a fool and his money are soon parted." Boosters believe fiscal frivolity is inherent in the appeal of casino gambling to folks who want to rebut F Scott Fitzgerald's statement that "the very rich... ... (read more)
 

Doubling Down Cuts House Edge in Blackjack

23 October 1995
EM>Doubling down in blackjack involves making an extra bet, equal to or less than the original wager, after seeing the dealt hand and the dealer up-card. The player then draws one and only one card. The move is beneficial when the three player and dealer cards give the bettor an edge and expected return exceeds that of hitting or standing. ... (read more)
 

Consider Bankroll, Win Goals, and House Edge in Your Playing Strategy

9 October 1995
xpert casino gambling advice falls into three main categories. House advantage covers the gamut from choosing the most liberal machines to taking maximum odds at craps. Money management includes everything from bankrolling enough to outride normal downswings to quitting at propitious points. ... (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.