Winning Tips

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!

 

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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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Tailgating Tips: A Talk with the Commish…Joe Cahn

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The football season is upon us which means tailgating in in full swing too. Whether you are a tailgating aficionado or someone who simply shows up and throws some cash in a bucket, without a doubt, the time before a sporting event is sacred to all sporting fans no matter how big or small.
Southern Gaming and Destinations caught up with Joe Cahn, The Commissioner of Tailgating, (yes…there is such a person!) to talk about everything from fun foods to best tailgates. Cahn is the real deal and you can take what he says seriously.

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Poker: Unusual Streaks

Player Strategy

Poker: Unusual Streaks

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Of all the poker-based games that have carved out niches in table pits, Three Card Poker pays out its top jackpot the most often. That makes some unusual streaks not only possible, but inevitable given enough play.

Take the reader who once emailed to tell of being dealt straight flushes on four consecutive hands, each worth a 40-1 payoff on the Pair Plus portion of the game. That may pale in comparison to the 1,000-1 bonanza for a royal in Let It Ride or a progressive jackpot that can run into hundreds of thousands of dollars in Caribbean Stud. But any frequent player of Three Card Poker will experience straight flushes, with 1-in-460 odds. For most, royals in Caribbean Stud and Let It Ride are a none-in-a-lifetime occurrence, a 1-in-649,740 super long shot. (more…)

Video Poker: A Method to Your Madness

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I like to focus on promos where there are lots of opportunities to win prizes of moderate levels. I would prefer twenty or more possibilities of winning desirable awards of say, $500 or more as opposed to just one grand prize of a car. As I’ve said in the past, you should always make sure the objects are something you really want or not waste your time. If you are really motivated by the potential for a much-wanted prize you can do several things to increase your equity in the drawing. Here are some tips to increase your odds:

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Blackjack: How to Avoid the Casino’s Psychological Traps

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Player Strategy

Blackjack: How to Avoid the Casino’s Psychological Traps

No matter how good a blackjack player you think you are, you will eventually experience a losing session. How you manage yourself when this happens is just as important as knowing when to double down and split.

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Player Strategy No Limit Hold’em: Judgement is Everything

“It’s not who wins the battle; it’s who wins the war.”

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In NLH all manner of plays are possible. You can fold K-K before the flop or move all-in with 2-7 off suit, bluffing before the flop, if your judgement is good enough. By the way, I’ve folded K-K before the flop only a few times in my life, and every time I did, I was right, because my opponent did indeed have A-A! One thing you’ll learn as you play more poke is that when someone has the best possible hand, he is often easily readable.

Quiz show hosts like to say, when the pauses are too protracted, “Go with your first gut instinct. That first instinct is always right.” You’ll find yourself in a lot of interesting situation in NLH where your judgement and your guts will be severely tested. Whether or not you make the right decisions will go far toward determining whether or not you’ll win for the day (it helps to have good cards too). You think that you’re under pressure at work? I’ve seen players who have all their money in the world on the table call other players’ bluffs for all their money. It other words, if they’re wrong, the they’re busted!

One excellent rule for NLH is this: if you can’t allow yourself to fold the best hand, then you can’t win. In many of the tournaments that I’ve won I’ve had occasion to fold the winning hand. In the World Championships in 1989, when just four players were left, I folded pocket tens before the flop against Johnny Chan’s pockets nines in a big pot, but I still went on to win the tournament! It’s not who wins the battle; it’s who wins the war. Don’t be afraid to fold your hand in NLH if you think that it’s beaten. If it was the winner, so what? You made your decision, and you’re still at the table with chips. Stay focused on winning, not on looking back at your untimely fold.

Phil’s NLH Strategy:

I like to take pieces of every different strategy I’ll be laying out below and keep them in my arsenal for eventual use. I like to stick to a very tight beginner-type overall strategy, one involving playing very few hands for the most part. In this way, there isn’t too much pressure on me to make tough decisions all the time. So most of the time in NLH I like to play only the “NLH fifteen” hands.

When someone behind me is playing too tightly, in NLH, I like to raise the pot to try to steal the blinds from him, whenever it’s his big blind.

I trust my instincts when I’m deciding whether or not a player is bluffing. My poker instincts have been very, very good to me. I hone these instincts by practicing reading my opponents when I’m out of the hand being played, to try to get a better read on them for when I need it later. (In mentioning my own play I’m trying only to show you what’s possible if you practice and develop your instincts.)

If someone has raised in front of me and I feel that he is weak, I usually fold anyway. But at the end of the hand I’ll watch to see if he exposes his hole cards, so that I can confirm that he was weak or see that I was wrong. If I have confirmation that I was right, then I wait for him to do it again. Anyone who makes one weak raise can be expected to make more than one. When that player makes another raise and I feel it is weak, I go ahead and reraise him, to force him to fold his weak hand. This reraise wins many more chips than a mere blind steal would win, but you’re also risking a lot more chips to win the pot when you reraise on a bluff.

 

Phil Hellmuth Jr is  a 13-time World Series of Poker Champion, leading all other poker players in the world. He is the author of two New York Times bestsellers, and his latest book, “Deal me in,” is also widely popular. Visit philhellmuth.com to check out his clothing line, blog and exclusive gaming tips.

Three Card Poker: Strategy and Game Variations

THE ANTE-BET STRATEGY

Optimal strategy for Three Card Poker is about as easy as it gets. Make the extra bet to stay in the game if your hand is Queen-6-4 or better. Fold if you have a lesser hand.

 

That means you also bet on all pairs, flushes, straights, three of a kinds and straight flushes – those all outrank high-card hands. Note that in Three Card Poker, straights outrank flushes. That’s because you see flushes more often than straights in three-card games. In five-card games, you get straights about twice as often as flushes, but in three-card games there are 1.5 times as many possible flushes as straights.

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Three Card Poker: On the Felt with Roger Snow

Roger Snow is the senior vice president at Bally Technologies and also a renowned table games inventor. We recently caught up with him to talk about the popular game of Three Card Poker, a game that inspired him in his career and one that resonates with players around the world.

 

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John Grochowski: Why do players love Three Card Poker?

Roger Snow: A, I think Three Card Poker really hits the fat part of the bell curve with players. First of all, it’s simple, which always helps. It’s not the only thing a game needs, but it’s really easy to understand. Secondly, the math is just magical. You hear about athletes that are genetically gifted. Well Three Card Poker is mathematically gifted, especially if you look at something like Pair Plus. Just the way the math works out, it’s any pair, not a pair of 7s, not a pair of 8s or better. It’s any pair. Hit frequency is about 25 percent, so that’s great. On a full table, you’ll almost always see somebody hit it. The other hands are relatively easy to make. Flushes, straights, even the top hand of a straight flush. You compare that to five-card games, you almost never will see the top two or three hands, but in Three Card Poker you do. They pay a little bit less, but they still pay 30-1, 40-1. Those are high quality payouts, they’re going to happen, and they’re very achievable.

 

JG: How is it different from other proprietary games?

RS: You have to put yourself back in 1995, 1996 when it came out. It really changed the way people thought about table games. Before that, the only two successful games were Caribbean Stud and Let It Ride, and they have a lot of bells and whistles on them. Caribbean Stud of course had the progressive and Let It Ride had the tournament, but they all had electronics, and they were really selling a life-changing award. Three Card Poker comes along and says, hey, I’m just colored circles on a felt, and my top award is 40-1, and it came in and just blew everything off the map.

 

From a game developer’s standpoint, that’s the one that I looked at. I don’t look at Let It Ride and Caribbean Stud, and that’s why the games that I’ve done aren’t really bell and whistle games. They’re just, “Hey, I’m going to try to put together a game with a mathematical formula that people like.”

 

JG: What should someone playing for the first time know about Three Card Poker?

RS:  First of all, the environment tends to be very social. It’s not combative, like blackjack can be, where people think if they don’t play right, people will yell at them – which is true. In Three Card Poker, with the dealer and the other players, it’s very social. The second thing is that people, when they play a game and risk their own money, they want to know the optimal way to play the game, if possible. Three Card Poker is very simple. If you have Queen-6-4 or better you play, if you don’t you fold. It’s a very easy strategy. I tell people to enjoy the side bets as well, Pair Plus, which is on every Three Card Poker table, and 6 Card Bonus, is on about half the Three Card Poker tables now, that’s only about three years old. That’s a great bet. The game didn’t need revitalizing, but it 6 Card Bonus really amped up the popularity of it.

Three Card Poker: No Bluffing Needed

threeCardpokerBannerIf any modern table game could be said to be an adopted son of the South, it’s Three Card Poker. Success in Mississippi eventually convinced casinos throughout the United States to give the game a try and today, it stands as a casino standard that every operator must have.

It is fun, easy to learn and gives players a decent chance to win.

 

HOW TO PLAY
Start by making an ante for player vs. the dealer and/or a bet on Pair Plus. At most casinos, you do not have to make both wagers. The ante and the Pair Plus wager can be of different sizes. They are separate bets, and are decided independently, so they don’t have to match.

 

After all players have made their wagers, each player gets three cards face down, and the dealer also gets three cards face down. Play continues after players have a chance to pick up their cards and look at them.

 

ANTE-BET PLAY VS. THE DEALER
After you’ve seen your cards, you may either make a bet equal to your ante, or you may fold and forfeit the hand. If you’ve anted $5, then your bet must also be $5 for you to stay in the game.

 

The dealer then turns his cards face up. If the dealer hand is at least a Queen or better, it is a qualifying hand. For you to win, your hand must outrank the dealer’s. If you win, both your ante and your bet are paid at even money, and if you lose, the dealer takes both your ante and bet.

 

If the dealer hand does not qualify and you’ve made the bet to stay in the game, then you win even money on the ante, but the bet is returned to you with no additional payoff.

 

In addition, there is a bonus for strong hands regardless of whether you beat the dealer or not. Most casinos pay a 5-1 bonus if you have a straight flush, 4-1 if you have three of a kind and even money if you have a straight.

 

For example, let’s say you ante $5, see you have a straight flush and follow with a $5 bet. Assuming you win the hand, you then collect winnings of $5 on the ante, $5 on the bet and $25 on the straight flush. On other wins that don’t include one of the big three hands, you’d collect $5 on the ante and another $5 on the bet.

 

THE ANTE-BET STRATEGY
Optimal strategy for Three Card Poker is about as easy as it gets. Make the extra bet to stay in the game if your hand is Queen-6-4 or better. Fold if you have a lesser hand.

 

That means you also bet on all pairs, flushes, straights, three of a kinds and straight flushes – those all outrank high-card hands. Note that in Three Card Poker, straights outrank flushes. That’s because you see flushes more often than straights in three-card games. In five-card games, you get straights about twice as often as flushes, but in three-card games there are 1.5 times as many possible flushes as straights.

 

If you don’t have any of those higher-ranking hands, then hands are ranked by highest card first, then second highest. If you have Jack-10-7, the proper strategy is to fold. It is not Queen-6-4 or better since the highest card is lower than the Queen.

 

If your hand is King-3-2, then you should make the bet. The King outranks the Queen, making this a better hand than Queen-6-4 even though the second and third cards are lower than the 6 and 4.

 

With that strategy, the house edge on the ante-pay combo is 3.4 percent of the ante, or 2.0 percent when both the ante and bet are considered.

 

PAIR PLUS
If you think ante-bet is easy, then Pair Plus is a real snap. You don’t have to beat the dealer, and there is no strategy to learn. All you need is to match a hand on the pay table – a concept video poker players can identify with. You win on any hand that contains a pair or better, and lose if you don’t have at least a pair.

 

There are several pay tables available, but the most common pays 40-1 for a straight flush, 30-1 for three of a kind, 6-1 for straights, 3-1 for flushes and even money for pairs. At that pay table, the house edge is 7.3 percent.

 

The payoffs aren’t as huge as you see on five-card games, but they are attainable. Anyone who plays very often will see the occasional straight flush or three of a kind. You’ll see the top hand, a straight flush, about once per 460 hands. Compare that to a five-card royal on a game such as Caribbean Stud. That occurs an average of once per 649,740-1. Caribbean Stud pays a lifestyle-changing progressive, but you may never see one in your lifetime. Three Card Poker pays a more modest sum, but $200 for a $5 bet is a nice win, and you’ll see straight flushes a lot more often with three cards. Good luck!

 

 

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