Gaming Gurus: Strategy Expert Article Archive - Page 607

Casino Comps Are Rebates

Dear Frank: Regarding comped and discounted rooms and income taxes: When a casino gives you a free room, or a discounted room, or even free meals and show tickets -- this is not considered to be taxable income. Rather, these should be considered rebates...read more

Record-keeping Books Arrive To Help Hoops Bettors Track Streaks

Basketball bettors who do their homework, who find soft spots and/or mistakes in the line and who take advantage of streaks usually have a better bottom line in the long run. The ability to see a pattern--fatigue, a long road trip, a change in altitude or the loss of a key player--can often mean the difference between a winning or losing season...read more

Blue Chip Casino deals in poker players

Northwest Indiana's reputation as the leader in live poker in the Greater Chicago area gaming market is about to become even more formidable. The Blue Chip Casino Hotel in Michigan City gets in the game starting next Monday (Oct...read more

Hit Rate and the Popularity of Multi-Line Slot Machines

Multi-line slot machines have captured the fancy of the gambling public. In most cases, they offer solid citizens essentially the same chance of fulfilling their fantasies or going down the tubes as do traditional slots with comparable payout structures when bet at equivalent levels...read more

Bits and Pieces from Indian Country - October 2006

Indian gaming fared better than the Internet in Congress. A bill to limit a tribe's ability to establish a casino off of its traditional reservation failed to gain the number of votes necessary for approval. The story is much like that of the Internet bill: it is more about Washington politics and less about the bill...read more

Quicktakes: The month's trends in a glance - October 2006

The stock market is up to record highs and the price of oil is down; consumers are confident and except for home sales it feels just like the go-go days of yesteryear. And all of the good news applies to gaming revenue across the country as well, except of course Mississippi; however, beginning in September, even Mississippi is guaranteed increases over the previous hurricane devastated year...read more

John Grochowski Reviews, Part 2

Continuing to clear off my gambling book shelf --- a task I started last week --- let's browse through another couple of worthy new titles: Frugal Video Poker by Jean Scott and Viktor Nacht ($19.95, Huntington Press): I remember the first time I met Jean Scott...read more

Have the machines in Vegas gotten tighter?

Thank you for again acknowledging my letter regarding hot and cold casino rooms. With regard to hot/cold machines, looseness and such, it is precisely this mentality that has made the penny and nickel machines so endearing. They hit often and frequently and may even have multiple bonus games to excite us...read more

Buying the 4 and 10

Dear Frank, I am craps player. I fell in love with the game several years ago after reading your book about the Captain's success and your enthusiasm for it. Thank you. I do have a craps-related disorder in that I LOVE to buy BOTH the 4 and the 10...read more

Are retirees the source of casino profits?

I am 71 years old and retired. I am able to visit casinos in Atlantic City, Las Vegas, Western New York, and West Virginia. My visits are usually during the week. It seems that if it were not for retired folks visiting casino during the week, the casinos would have to close...read more