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Alan Krigman Gaming Guru - Page 93  Doubling Down in Blackjack Can Give the Player an Edge5 December 1994
ou're the underdog almost every time you bet in a casino. Almost. A few wagers give you the advantage. The casino gets its edge on most bets by paying less than what's dictated by your chances of winning. Place $5 on the four at craps, for instance. You're fighting 2-to-1 odds so a "fair" bet would pay $10. ... (read more)
The Time to Ask "What-If" is Before You Leave Home28 November 1994
st week I was playing blackjack when, I'll call him Jerry, sat down next to me. Jerry at a blackjack table is like rain at a parade. I wouldn't have bought-in had he been there first. Don't get me wrong. I like Jerry. Away from the tables, he's fine company, a good conversationalist, thoughtful, a gentleman. ... (read more)
Are You Crazy Enough to Win Big, Sane Enough to Keep It?14 November 1994
asionally, casino gamblers strike it rich. Not merely mucho dinero. Large multiples of their starting stakes and base bets. At the machines, probability prevails. Odds against giant jackpots are in the millions, but sooner or later the internal computer generates the random digits that align the stars or bars and whistle Dixie. ... (read more)
Combine Bets in Craps, But You Can't Cancel the House's Edge17 October 1994
he charisma of craps hinges heavily on the hodgepodge of bets resolved by rolling the dice. Players can back different ways the dice will land, and also select wagers with wide ranges of returns for equal equity at risk. These factors have seduced certain statistically-unschooled solid citizens into concocting combination bets they perceive pave the path to profits. ... (read more)
Hedging Can Be a Costly Way to Protect Your Bets10 October 1994
Someone throws two dice and everyone bets on how they'll land. Sounds simple. And boring. So why is craps a gambling classic? Much of the mystique emanates from the provisions to bet on multiple outcomes simultaneously, and in the varying amounts the same size bets pay on results with differing probabilities of occurrence. ... (read more)
What's to Thank When You Win, Blame When You Lose?3 October 1994
An old Ruritanian proverb says "triumph hath many mothers; failure is a foundling." The old Ruritanians must have been bettors because these bywords seem never more canny than in a casino. Winners credit themselves for being shrewd, sophisticated, endowed with a superior sense of time and place, and able to control conditions that mystify mere mortals. ... (read more)
Casino Credit: Worthwhile for the Wary, Ruinous for the Reckless5 September 1994
Casino credit players can write "markers" to borrow gambling money free of interest or other charges. This avoids carrying wads of bills. And it beats credit card cash advance and teller machines, which levy fees and may limit withdrawals to inadequate bankrolls. Credit is also convenient since table players never have to leave the game while slot fans do it all at the cashier's cage. ... (read more)
Judgement and Discipline, Not Rules, Tell You When to Quit22 August 1994
Leaving a gambling machine or table is easy under three conditions. And oh so difficult under all others. You already know when quitting's a snap. Your spouse, friend, bus, or other ride home is pulling out and you have no alternate transportation. Your bankroll went bye-bye, leaving no more bucks to bet. ... (read more)
Choose Slot Machines to Go for Broke or for a Modest Return15 August 1994
Serious slot players usually have one of two goals. Some venture their whole stakes on the chance to strike it rich, viewing small profits as more grist for the greenback mill. The rest seek modest returns on money at risk, quitting when they can pocket a day's pay. Random numbers Certain machines are more appropriate for one type of player or the other. ... (read more)
Should You Work Craps Bets on the Come-Out Roll?1 August 1994
After a craps shooter "sevens out," all bets are wiped from the table... win or lose. The dice then progress to the next player for a come-out roll. When a new shooter is coming-out, players typically bet on pass, don't pass, and/or various one-roll propositions such as any craps or yo. The outcome of the come-out yields a decision in each case. ... (read more)
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