The Always, Nevers, and Sometimes of Casino Gamblng - Part 4

LET IT RIDE

People love Let It Ride. It just might be the second most popular card game in the casinos, after blackjack. Unfortunately, it's a tough game to beat because it has a somewhat imposing 2.8 percent edge -- if you use the correct strategy. Obviously then, always use the correct strategy -- the simplest expression of which is twofold: let your first bet ride on a pair of 10s or better, and on a possible royal or straight flush. On the second round, if you have improved on the latter hands, let them ride again; but always let that pair of 10s ride -- they're an automatic winner. Never deviate from that strategy and you'll keep the house edge hovering at around three percent. Add a few refinements in strategy, such as can be found in my book Bold Card Play, and you'll lower the house edge still more.

Always remember that you must be mentally prepared for long losing streaks at Let It Ride because it has a win percentage of approximately one in four hands. That's right, you lose just about three out of every four hands. Of course, the hands you do win can sometimes be for substantial sums, and that's why people like to play it.

Never bet the jackpot side bet. Even though it costs a mere dollar, it is a waste of money. Also, never bet more than the casino is willing to pay out should you win the bet. Note the small print on the Let It Ride signs and you'll see something to the effect that thus-and-such a casino will not pay out more than "X" amount on premium hands. So if your bet is high enough that should you win it the payout amounts to a sum over "X" -- you get an unwelcomed partner in your win as the casino will keep some of the profits of your luck for itself! And you never want that to happen.

OTHER GAMES

The casinos are always introducing new games or variations of old games with some new slants. These are never introduced to help the player win more or get an edge. They are always introduced to make more money for the casino, either because the games have very high house edges or, more likely, are rather fast-paced with many decisions per hour. But sometimes when approached properly, new games can also be good games.

For example, Spanish 21 has gained something of a niche in the casino table-game hierarchy in some parts of the country. But many players, in fact most players, have no idea how to play it. They make a common error of playing a new game using an old strategy. Never use the Basic Strategy for traditional blackjack at Spanish 21 or you'll be giving the house much too large an edge. Always use the Armada Strategy from my book Armada Strategies for Spanish 21, which was especially created for this new game and cuts the edge to a rather low 0.82 percent.

If you are not skilled in Pai Gow poker, always set your hands based on how the house sets its hands. This is one of the few times when mimicking what the house does is good for you. The other time is Three Card Poker -- always mimic what the house does and make the "play" bet when you have a queen high or better.

Next time: The always, nevers, and sometimes of slot machines.