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Gaming Gurus: Strategy Expert Article Archive - Page 402
![]() Jest for Fun12 March 2011 I once knew a gambler who was a real loser. He lost his job,
home, and wife as a result of his gambling. He believed in
reincarnation. So one night he took an overdose of sleeping
pills. His bad luck still held. He came back as himself.
* * * * *
When it comes to giving casino comps, the pit boss stops at
nothing.
* * * * *
Some of the off-the-strip restaurants will do anything to get
business...read moreWhy card counting works11 March 2011 A reader sent me this e-mail:
If the remaining cards are rich in 10s and aces, doesn't the dealer have as much chance to get them as the players? So how does the player have the edge in this situation?
The reader was referring to the playing technique known as card counting where players can track the ratio of small (2 through 6) to big (10, J, Q, K, ace) cards from one round to the next so they would know if the remaining cards to be played are richer in big or small cards...read moreTwo problems at the same casino10 March 2011
Dear Frank:
In a nutshell, here is my dilemma. At the locals casino where I play, there is a very nice but very talkative floorwoman and a really nasty pit boss who just loves to scold and belittle the players. The woman can be a trial because sometimes players don't feel like talking and she will go on and on...read moreBe Prepared to Lose When You Gamble9 March 2011 Losing your money during a session of casino gambling can be maddening, especially when you didn't even get a run for your hard earned bucks. Thoughts about what you could have done with that money start entering your mind. You leave the casino disgusted, disappointed, and probably mad for dropping a good chunk of your change.
We've all been through it...read moreA shuffle through the gaming mailbag8 March 2011 Q. On slot machines, does the random principle change when you stop the spins yourself?
A. Nearly all games remain random when you stop the reels yourself. Game designers call it "illusion of skill." You feel like you have control of the game, but the random number generator has already determined your result immediately after you start the reels spinning...read moreTake slot credits or cash7 March 2011
A woman in Atlantic City recently won a drawing. She had her choice between taking $1 million in slot credits, or choosing one of three envelopes containing an amount from $200,000 to $275,000 in cash.
Do you think she should take her chances on the slot credits or take her chances on the cash envelopes?
Dollar paybacks are about 93 percent in Atlantic City...read moreTaking Advantage of an Advantage: Part 2 - How Not To6 March 2011 Last month I wrote an introduction that postulated a simple game with a probability p of winning and a probability q of losing where p was larger than q. Think of a biased coin. The expected return e for this game is e = p - q. If our stake after k bets is Sk, what should the size of our next bet be in order to best take advantage of our situation?
We let f be the fraction of our current stake that we are willing to risk; this is known as proportional betting...read more![]() Paying Uncle Sam4 March 2011 Gambling is a big business in America and the Federal Government knows it. When someone wins a big jackpot, Uncle Sam wants some of the winnings. The government has passed laws that require casinos to enforce current laws on individuals or face severe penalties themselves...read moreBlackjack tournaments 1014 March 2011 The information in this article is intended for blackjack players that have never had any experience playing in a blackjack tournament. Let's begin by comparing what you already know -- playing blackjack in a casino -- to what you might not know -- playing blackjack in a tournament...read moreDeep Blue and the slots3 March 2011 In 1997 something magical happened. Well, maybe not magical; maybe more like mechanical and scary. For the first time in history, a computing machine -- which went by the name of "Deep Blue" -- defeated a reigning world chess champion, Gary Kasparov, under standard tournament time controls...read more |
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