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Gaming Gurus: Strategy Expert Article Archive - Page 463

  • Latest Articles     4621 - 4630

 
Articles by Donald  Catlin
Articles by Donald Catlin

Take Down the Eight on the Comeout?

14 August 2009
I recently received the following letter from one of my readers. I'm very interested in the effect on the house edge calculation for a placed 6 or 8 when one is left up on the comeout with a pass line bet. If, say, a $6 place bet on the 8 is left up with a $5 pass line bet, the total amount at risk is $1 and the payoff for a win is $7...read more
 
Articles by Howard  Schwartz

College football spread analysis; pot limit Omaha split book instructive

13 August 2009
Andy Iskoe's newest football statistical study is packed with all kinds of statistical revelations, his latest focusing on colleges (147 pages, 8x11 plastic spiralbound, $29.95). This book, along with Dan Deppen's Pot Limit Omaha 8 Revealed (186 pages, paperbound, $29.95), should keep sports bettors and poker players busy during the waning days of summer.Iskoe's Pointspread Encyclopedia — Vol...read more
 
Articles by Frank  Scoblete
Articles by Frank Scoblete

Good betting choices for advantage-play craps players

13 August 2009
Many players in the dice control community attempt to formulate and then justify odd betting choices, thinking that they are prescribing excellent wagering schemes when, in fact, they advocate idiocy. One such formulation is called the "see a horn, bet a horn" principle that advocates betting the horn with its 12.5% house edge should you see a streak of such horn numbers, those being 2, 3, 11, and 12...read more
 
Articles by John G. Brokopp
Articles by John G. Brokopp

Gaming Industry Takes Responsible Playing Seriously

12 August 2009
The vast majority of people who go to casinos participate in gaming as a form of recreation and entertainment. For some, however, it is a vice that can ruin relationships and create financial hardship from which many cannot escape. Even though the casino industry profits from the money that people lose playing games of chance, the majority of funding for the National Center for Responsible Gaming (NCRG) is provided by commercial and Native American gaming companies and slot machine manufacturers. Surprised? Start up money for the organization was donated in 1996 with a 10-year pledge of $875,000 by Boyd Gaming Corporation, owner of Par-A-Dice Casino Hotel in East Peoria, Illinois, and Blue Chip Casino, Hotel & Spa in Michigan City, Indiana. Harrah's Entertainment, Inc., which owns Harrah's Joliet Casino & Hotel and Horseshoe Casino Hammond, contributed $400,000 in 2008. Last month the NCRG took a bold step forward in the study of gambling disorders by announcing the creation of the nation's first Centers of Excellence in Gambling Research at Yale University and the University of Minnesota...read more
 
Articles by John  Grochowski
Articles by John Grochowski

The math of match play

11 August 2009
All casino games are math problems at heart, even if you can't see the arithmetic going on or use it to your advantage. Slot machine industry professionals, including manufacturers and the casino slot directors who decide which games you see on casino floors, talk about games having the right math model...read more
 
Articles by John  Robison
Articles by John Robison

Are the balls chosen on a Slotto machine random?

10 August 2009
Love your columns. My question is: When I'm playing Slotto and I get the bonus, are the popcorn balls (numbers) programmed to have a certain one drop or is it random? Thanks, Colleen Dear Colleen, Thanks for the kind words about my columns. The ball or balls that drop are chosen randomly by the ball tumbler in the machine...read more
 
Articles by Frank  Scoblete
Articles by Frank Scoblete

Betting the don't

9 August 2009
Dear Frank: The don't has slightly better odds. The pass line is 1.414% HA (with no odds) while the don't pass is 1.414 PA — 2.778% (for the 12) for a HA of 1.364%. What I don't like about don't pass is that it is against the flavor of the table (everyone wants the point) and that you generally have to put out more money (for odds) to win less...read more
 
Articles by John  Robison
Articles by John Robison

The odds of winning Megabucks

8 August 2009
Mr. Robison: I have seen various estimates as to the odds of winning Megabucks. I e-mailed IGT asking what the odds were and they did not respond. I believe your estimate is around 1 in 50 million. Someone else used this thinking, "Assuming one number out of 256 (reels) were mapped to each jackpot symbol the odds of hitting the jackpot would be in 1 in 256^3 or 1 in 16,777,216.)" Why would this reasoning be flawed? Is there a greater chance of winning the Megabucks progressive jackpot on the $1-$3 machines as opposed to the computerized penny machines? I was thinking that since the overall payouts on the penny machines would be greater, so the chance of hitting the progressive jackpot on those machines would be lower. KS Dear KS, The reasoning is not flawed...read more
 
Articles by Henry  Tamburin
Articles by Henry Tamburin

Sometimes it pays to discard a winning hand in video poker

7 August 2009
This is a true story that happened to my father-in-law, Pete. I've written about him before and his love of video poker. At age 90 he is, in fact, one tough player. Quarter Jacks or Better is his game, and he learned how to play correctly by practicing on video poker training software on my computer (he practices often)...read more
 
Articles by Frank  Scoblete
Articles by Frank Scoblete

The rightside versus the darkside

6 August 2009
I know the math of craps, enough to know that there isn't much of a difference in betting the pass line or the don't pass line. The casino wins about 1.4%, give or take, against both types of bettors. The darkside (don't) players get hammered on the very first placement of their don't pass or don't come bet when they lose on the 7 and 11 (eight ways to hit the deck) and only win on the 2 and 3 (three ways to come out ahead)...read more

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