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# The Slot Expert's Guide to Winning at Slots and Video Poker

3 January 2001

You can hear me give my slot and video poker tips live on The Good Times Show, hosted by Rudi Schiffer with Frank Scoblete, which is broadcast live from Memphis on WHBQ over the air on 560AM and over the Internet on Yahoo! Broadcast on Saturday morning from 8-10 CT.

The expected loss formula tells how much you will lose, on the average, playing a game in a casino. If you look at this formula from the other side of the fence, that is, from the casino's point of view, it's called the expected win formula and it's how casinos pay for lights and air conditioning.

The expected loss formula is simply this: Your expected loss playing a game is the number of decisions per hour times the number of hours you play times your bet per decision times the house edge.

This series of tips deals with stretching your bankroll, that is, limiting your losses, by changing the variables in the formula.

You probably realized that we can simplify the formula a little. The product of the first three variables is your total action. The number of decisions per hour times the number of hours you play (which is equal to the total number of bets you make) times how much you bet is the amount of money you expose to the house edge, your total action. Put more simply, the expected loss equation is: Action times House Edge.

Players don't have much control over the house edge against them, but they have complete control of the amount of action they give. And limiting action is one of the best ways to limit losses.

There's a saying in dieting. If you want to lose weight, there are only two things you can do. You can either do more, get more exercise, or you can eat less. And of the two, eating less is the most effective way to lose weight.

To sum up in casino terms, the easiest and most effective way to cut down your losses is to give less action.

Send your slot and video poker questions to John Robison, Slot Expert, at slotexpert@home.com.

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John Robison

John Robison is an expert on slot machines and how to play them. John is a slot and video poker columnist and has written for many of gaming’s leading publications. He holds a master's degree in computer science from the prestigious Stevens Institute of Technology.

You may hear John give his slot and video poker tips live on The Good Times Show, hosted by Rudi Schiffer and Mike Schiffer, which is broadcast from Memphis on KXIQ 1180AM Friday afternoon from from 2PM to 5PM Central Time. John is on the show from 4:30 to 5. You can listen to archives of the show on the web anytime.

#### Books by John Robison:

The Slot Expert's Guide to Playing Slots
John Robison
John Robison is an expert on slot machines and how to play them. John is a slot and video poker columnist and has written for many of gaming’s leading publications. He holds a master's degree in computer science from the prestigious Stevens Institute of Technology.

You may hear John give his slot and video poker tips live on The Good Times Show, hosted by Rudi Schiffer and Mike Schiffer, which is broadcast from Memphis on KXIQ 1180AM Friday afternoon from from 2PM to 5PM Central Time. John is on the show from 4:30 to 5. You can listen to archives of the show on the web anytime.

#### Books by John Robison:

The Slot Expert's Guide to Playing Slots