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Gaming Gurus: Strategy Expert Article Archive - Page 261
Why wild streaks happen in gambling16 June 2015 You are at the craps table and the 12 rolls four times in a row. The odds of that happening are immense. At blackjack, two people come to the table at the same time and both get blackjacks — back to back. After that you watch their play and they are not advantage players...read moreTribal slot machines14 June 2015 QUESTION: A person I know goes to the Hard Rock Seminole casino in Tampa; she plays the $10-a-pull Wheel of Fortune slot machine. She claims she can tell when the machine is going to hit. I disagree; I say that the random number generator has already determined the outcome, so nobody knows when a machine is going to hit.I know the machines at the Indian casinos are different, but how are they different from the Las Vegas machines? I don't know what a bingo-type machine is...read more![]() Power of aces in blackjack13 June 2015 Many counting systems don’t keep track of aces in the card count. The reason is they don’t have much effect on basic strategy. However, there are still changes that should be made depending on how many aces have been played. Some players use external things such as chips, fingers or feet to keep track of how many aces have been played.Aces are normally valued at “zero” because we don’t use them to influence our True Count...read moreDeal Me In: Guaranteed jackpot not related to random number generator12 June 2015 Dear Mark: How does a casino promise that a specific jackpot will be hit within a certain time frame? For instance, say a machine starts with a jackpot of $25,000 and it is guaranteed to be won by the time it reaches $100,000. If all spins are random, how is this possible? Jim D.Guaranteeing that the jackpot will be hit within a specific timeframe or sum total doesn’t mean that the random number generator is being manipulated...read moreThe 'split-flip' slot display11 June 2015 Here’s a term you’ll not often hear applied to slot machines: “split-flip display.”In the reel symbols on its hit game Money Rain, Incredible Technologies uses a video representation of a split-flip display. The reels don’t spin. Instead, on each new play, each of the 15 symbols on the video reel display split and flip.It’s a fun, eye-catching effect on a game with loads of differences from more conventional video slots.Why split-flip? Because as a boy, Incredible Technologies co-founder and executive vice president Richard Ditton was fascinated to watch the numbers flip on clocks at Chicago’s Union Station...read moreAsk the Slot Expert: Lowering the W-2G threshold10 June 2015
I appreciate your letter to the IRS advocating against the lowering of the amount of reportable wins. You succinctly put the facts together above and beyond when it comes to how the IRS's forms make it dammed if you do and the same if you do not!
One thing I didn't see mentioned was any suggestion for correction for inflation in the $1,200 figure...read moreGambling message board gunfights9 June 2015 Anyone reading gambling message boards knows that some battles are being fought by the same people from message board to message board. There are posters who just don't like each other and their posts go into heated attack mode. If message boards were old-time western towns almost every day would be OK Corral Day.I guess it's not too hard to see why these battles occur...read moreTaxes, game creation and penny machines7 June 2015 QUESTION: I was playing on an electronic roulette table game machine. On one spin I made three outside bets totaling $745 and winning $1,240. After state and federal tax I got $821.11, a $76.11 profit. What's up with that!ANSWER: The federal government requires casinos to have you sign tax form W-2G on any win of $1,200 or more on electronic games...read moreThe truth about slot clubs6 June 2015 Once upon a time the casinos were filled with all kinds of video poker games that returned over 100 percent with proper play. A knowledgeable player using the proper playing strategy could expect to make money from his play. Sadly, the incidence of these positive payback machines has been dramatically reduced — almost to the point of extinction.So how is a savvy player supposed to make money on machines that pay back less than 100 percent? How can you be a winner if you are always playing games returning less than 100 percent? Well — you can’t — that is, unless you have something to increase your return to more than 100 percent...read moreMultiple games play4 June 2015 A few months ago, I did a little informal, totally unscientific survey among table-playing friends, acquaintances and readers who e-mail me frequently. I wanted to know how often they throw a change-up, trying new games or going to a backup game.Most stuck with one prime game, but had one or two other games they played for variety or for a break when things were tough on their main game...read more |
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