Winning Tips

Blackjack Strategy: Numbers Don’t Lie

BlackjackPicI’m a firm believer that if know some of the more important statistics about the game of blackjack, it can help you better understand the fundamentals of winning blackjack strategies.
However, I also understand that most folks find statistics boring; therefore, I prepared the following fun quiz, which I hope you will find entertaining as well as informative.

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$1 Million TournEvent of Champions is Ready to Roll

Everi TOC 1On its own, a slot tournament is an incomparable experience, wonderfully capturing the excitement and anticipation that the casino environment can create for people. But when you take that slot tournament, structure it as a national competition, invite participation among properties and players across the nation, and hang up a $1 million championship prize, you have the ingredients for a “can’t miss” thrill of a lifetime. That’s what makes the TournEvent of Champions® 2016, coming soon to a casino near you, so special.

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Banking on Side Bets in Blackjack

To encourage more players to visit the blackjack tables and also to improve their margins, many casinos have added side bets.

These innocent-sounding gambles usually require a rather small wager (typically a dollar) and generally return better than the customary even-money blackjack payoffs.

It’s a competitive market for side bets. Each year at Global Gaming Expo, the casino industry’s premier trade show (Global Gaming Expo), you will find a countless number of enthusiastic vendors pitching their side bets to casino officials.The reality, however, is many of them never make it to the casino floor, and the few that do die quickly because of lack of player interest.

 

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Craps: True Truth’s and System’s

CrapsQuestion: What do the following sayings have in common?

“An apple a day keeps the doctor away.”
“Better late than never.”
“High fences make good neighbors.”
“Always play the Pass
Come and take full odds.”

Answer: They are all true.

Playing the Pass/Come with odds, although even the mathematically best overall strategy cannot guarantee that you will win at craps in the long run, such advice can only guarantee that you’ll lose the least amount in the long run based on your total amount wagered.

So, the above are “true truths.”

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Playing the Ponies: Much-About Post Position

Any time a turf player opens up the Daily Racing Form to handicap a Thoroughbred horserace, they are bombarded with well, an infinite amount of pertinent tidbits. From Beyer Speed Figures to pedigrees, the list goes on and on, yet that portion of data known as “post position(s)” (or which numeric gate said racers will break from) more often than not also factors into the decision making process. There are many things to consider when playing the ponies.

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Caddyshack : Big Screen Slot Sensation

Slot players have long been able to count on games from WMS Gaming and Bally Technologies for fun, innovative ways to play.

From WMS, we’ve seen great iconic brands like Monopoly, Jackpot Party, Reel ’Em In and the Wizard of Oz. Bally has given us Blazing 7s, Hot Shot Progressives, Michael Jackson and the recent Wonder Woman.

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Blackjack : The Martingale Misconception

Blackjack coverMany players try to use the famous Martingale betting system to beat the game of blackjack. Recently, with the help of Blackjack Hall of Famer Don Schlesinger (author of “Blackjack Attack: Playing the Pros’ Way”), we analyzed the Martingale betting system and this is what we came up with.

The way the Martingale works is you double your bet after every loss until you finally win, at which point you will be ahead by one betting unit. For example, suppose you wager $10 and the results of the next three hands are loss, loss, and win (L-L-W). Using the Martingale system, you lost $10 on the first hand, $20 on the second hand, and won $40 on the third hand. You wind up with a net win of $10, which is the goal of the progression, to win an amount equal to your starting wager.

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Craps: Back to the Basics

Craps is one of the more intense and therefore more fun games in a casino. But it’s also among the more difficult to understand. With this column, I’m beginning a series on the basics of Craps to perhaps help even more people learn how to roll the dice.

 

Craps Table - Copy

 

To begin, it helps to understand the roles of the casino personnel attending the game. There are usually three dealers working the game and a box person who supervises. One dealer, called the stickman, stands on the side of the table with the players. He has a long stick that he uses to move the dice. He gives the dice to the shooter, takes the dice to the middle of the table between rolls and announces the payoffs of the winning bets in the middle of the table.

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Q&A with Jonathon Kinchen: Horseplayer Eligible for $2 Million Bonus

KinchenJonathon Kinchen, a 33-year-old University of Texas graduate in real estate in Austin, is gunning for a record $2.8 million payday for a horseplayer if he wins the Daily Racing Form/NTRA National Handicapping Championship Presented by Racetrack Television Network and Treasure Island Las Vegas, set to kick off Thursday at Treasure Island. As winner of the season-long NHC Tour, Kinchen is now eligible for a $2 million bonus if he also wins the NHC finale, which carries an $800,000 first-place prize.

He will have the maximum two of more than 600 entries for the Jan. 28-30 championship.

As a rookie last year, Kinchen finished seventh and 11th in the championship, which Daily Racing Form contests editor Peter Fornatale called “one of the most impressive feats in the history of the event.”

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Craps Tips: Q & A with the Pro

Learn top Craps tips from the best with these Q & A’s from your fellow gamers!

FROM MARK: My first bet is $220 inside. After three hits I make a $15 come and go down with full 75 odds.  I play at a casino where I can go 5x odds.  Am I better off just pressing to $75 or continue to make the come bets? I have read from some writers that the Pass Line and Come bets are not really that good; that the casino is tricking people to make those bets. I’d also like to know about systems that call for betting those bets that come in with high house edges in order to balance out expectations based on probability. What say you?

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Sports Odds: The Future Is Now

Sports odds are determined by a variety of factors. Ultimately, the goal by the sportsbook is to have the same amount wagered on both side so they can collect their 10% vig. By predicting the outcomes of sporting events far in advance of the actual outcome, it is hard to predict what side will be the favorite and  you will find that sometimes the favorites get far higher odds than closer to the event.

Below are the future odds for the 2016 Masters, Kentucky Derby, NBA Championship and World Series. Take it for what its worth…write down your pick now and see if you would have cashed in if you played it right at your favorite Vegas Sportsbook!

 

OddsBoard - Copy

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Henry Tamburin Publishes Ultimate Guide to Blackjack

Blackjack insideGaming and Destination’s contributing writer Henry Tamburin, Ph.D., in partnership with 888casino, has written an extensive and comprehensive introduction to the casino game of blackjack.

The online “Ultimate Guide to Blackjack” consists of 18 chapters containing authoritative strategies, tips, and skills for both novice and experienced players, written in an informal and practical tone. It begins with the history of blackjack and then incrementally introduces topics that give the reader the knowledge to play blackjack skillfully.

The guide consists of short paragraphs with bullet points to catch the reader’s attention. Facts and figures stated in words and numbers are also illustrated to make it easier for the reader to comprehend the information. Color-coded strategy charts, chapter objectives, takeaways, and a “test yourself” quiz, make for an enjoyable learning experience. To ensure that the guide was technically and stylistically accurate, each chapter was reviewed and edited by Blackjack Hall of Famer Don Schlesinger. You can read the “Ultimate Guide to Blackjack” at: http://blog.888casino.com/casino-guides/blackjack. (Note: This site has no links to online gambling.)

Tips: How to Wager on Horseraces at Smaller Tracks

Eric Floyd is a turf writer for various gaming publications as well as a Triple Crown pari-mutuel consultant for several national media outlets. Excerpts from his gambling memoir, “My First Decade Playing the Game,” can be found at LuLu.com.

Horseplayers who labor when the sun is shining often miss the opportunity to play major “daytime” racetracks like Churchill Downs, Santa Anita Park, Saratoga Race Course, Gulfstream Park and Belmont Park. Instead, they typically help fund the handle at intermediate “night time” ovals like Evangeline, Prairie Meadows, Canterbury, Mountaineer, Charles Town, Delta, Penn National, Remington, Fairmount and Assiniboia.

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Video Poker Strategy: Are You Playing the Odds?

Writer_Boyd_Linda-bw_insideWe’ve all heard them—I’m talking about stories describing players or their friends getting two royals on the same machine minutes apart or some other unlikely gambling events. But can these possibly be true? Absolutely! But they’re anomalies, not realistic expectations, and should never be used to guide your play in video poker or any other casino game. Instead, you should use mathematical tenants based on the best possible odds. Here are some video poker strategy tips for maximizing outcomes based on statistics rather than hunches.

Game selection. You should look at the ER (expected return) percentage on either tutorial software (Dean Zamzow’s WinPoker is a good one) or pay tables with numerical data (there are free and removable tables in my book “The Video Poker Edge”) before choosing a game. Too often I hear players selecting a game by pointing to an isolated and infrequent hand payout as the reason for playing. For example, choosing 8/5 Double-Double Bonus (8/5 DDB) because you’re salivating over the payout for 4 Aces with a kicker (2,3 or 4) of 2,000 coins in addition to the 4,000 coin royal payout is misleading. The ER is just a paltry 96.7861% while it has a whopping variance of 41.99487, a major risk to your bankroll. Instead, base you decision on the numbers for the ER, variance and your knowledge of the game’s strategy.

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Poo-Bach’s Hot-Hand Gambling Strategy

Writer_Scoblete_Frank-bwThere seems to be almost as many gambling systems as gamblers. There are advantage play methods at blackjack, craps, video poker, casino poker, Pai Gow Poker and, yes, even slots. These can actually work to get the players a relatively small edge. Few players, extremely few, learn advantage-play methods, preferring instead to adopt various betting schemes that don’t work to get the player an edge, which they can’t actually get over the house.

Thus, on the losing end of the spectrum (where just about every player plants himself) you have money management systems, trend betting systems in all their almost infinite variety, (flawed) mathematical systems such as the Martingale, various cancellation systems and on it goes into the light-years equivalent of wrongness.

 

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