Scobe's Quick Tip #33
The house edges of some games are directly affected by the playing
decisions you make. The house edges of the other games are not.
Games such as blackjack, poker, video poker, Caribbean Stud, Let It
Ride, and Three Card Poker are affected by your decisions. Make the
right choices and you can maximize your winning potential on any given
hand.
Games such as craps, baccarat, roulette, the Big Wheel and slots are
not. In these games, you just have to bet the lowest house-edge bets or
machines and hope!
For more information on the above games, read Bold Card Play by Frank
Scoblete.
Scobe's Quick Tip #34
There are two concepts that are sometimes mistaken when it comes to slot
machines: payback percentage and hit frequency.
Payback percentage is the amount of money over time the machine is
programmed to return for every dollar wagered.
Hit frequency is the percentage of time you will get something back from
the machine.
You can have a low hit frequency but a high payback percentage machine
and vice versa. The two concepts are not related.
For more information on slots read Break the One-Armed Bandits! By Frank
Scoblete, The Slot Machine Answer Book by John Grochowski, and The Slot
Expert's Guide to Playing Slots by John Robison.