Mistakes. I’ve made quite a few!
26. August 2008
admin
So, here I am, playing video poker. My video poker strategy is down pat! You see, to my way of thinking, there’s no such thing as a random sequence. The probability of any one thing happening is set by what went before. So, if I got me a winning hand, the law of averages says the odds of that happening again is poorer for the hands that come just after it. An’ that’s true for the reverse as well. The longer I go without a winning hand, the more likely a big hand gets.
These folk live in a dream world. You ever watch a Video Poker Dealer wash and shuffle a deck of 52 cards fairly. Then the Dealer deals five cards to each player from that shuffled deck. The first card dealt comes with a 1 in 52 chance, the second with a 1 in 51 chance, and so on as the cards are dealt in turn. All the countries licensing video versions of card and dice games have laws. No country wants to kill the golden goose that’s laying all them tax eggs so they all want to see fair games. Players vote with their feet if they think a game’s crooked. That’s in no-one’s interest. So all casinos gotta match the odds of a real card game with a human dealer. You might be thinking these casinos’ll still be out to cheat you in some way - after all, wouldn’t nothing be easier than to tweak the software - and those countries’re probably corrupt, take a backhander and look the other way. But there’s no need to cheat. No matter how you cut it, the games make more’n enough money when played fairly. Even when serious professionals come out to play, the House has an edge.
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A slots tournament? What’s that all about?
18. August 2008
admin
When you walk up to a slot machine in a casino or log into an online casino and play the slots, it’s a battle between you and the machine to see who comes out the winner. Actually, even if you’re a professional, the machine will almost always come out ahead over the long term. That’s the way casinos make a profit. But for fun, you can sign up for a slots tournament where you’re playing against the other players. In the real world, one of the current tournaments is running at Cache Creek Casino in Brooks (Yolo County), for the next six weeks (it finishes at midnight on the 19th June).
Like most real-world tournaments, the casino has corralled a number of machines and members of the local slots club are rotated in every fifteen minutes to play for three minutes. The player who racks up the biggest score in those three minutes will be the winner. The total prize money fund is $200,000 with everyone in the top fifty winning at least $1,000.
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Hyland’s team
15. April 2008
admin
A New Jersey college student named Tommy Hyland, who had just turned twentyone, started going to Atlantic City in 1978 when he heard about the favorable blackjack game at Resorts. Within a year, he had organized about twenty of his college and golfing buddies into a team of blackjack players. Hyland’s team continues to this day as one of the most successful casino gambling operations in history.
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Big Boom on the Boardwalk
13. April 2008
admin
No one had anticipated the tidal wave of humanity which surged into Atlantic City after Resorts opened its doors in 1978. Gross profits at this one casino averaged over $600,000 per day, far higher than anyone of the larger las Vegas casinos.
e.R. Chambliss & T.e. Roginski, Playing Blackjack in Atlantic City.
The phenomenal growth in the casino industry that occurred in Nevada throughout the 1960s and ’70s as a direct result of the popularity of Ed Thorp’s Beat the Dealer, had the East Coast politicians and business leaders buzzing with plans to get casinos legalized in New York, New Jersey, and elsewhere on the East Coast. So much gambling money was flying west to Vegas and Reno every day, a plan had to be hatched to keep those dollars closer to home.
In 1974, a referendum to legalize gambling in New Jersey failed, but a similar referendum that would limit the casinos to Atlantic City passed in 1976. Atlantic City had been chosen as the first East Coast gambling venue because the politicos felt, and rightly so, that the public would accept it. It was well located and had once been a popular vacation resort town, but had long since fallen on hard times. The oncefamous boardwalk was in disrepair, and the surrounding residential neighborhoods had become slums of broken-windowed tenements.
No one in the state could make an argument that casinos might destroy the neighborhood. The neighborhood was a pit of poverty and despair. Instead, the hope was that casinos might revitalize the town.
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Casinos in the United States
24. February 2008
admin
In the United States, try Atlantic City, Northern Connecticut, Gulfport/Biloxi, Reno/Lake Tahoe, Chicagoland, Minnesota, Michigan, St. Louis, New Orleans, Niagara Falls - the list goes on and on, and includes hundreds of riverboats and Indian casinos all over the United States. By the way, unless you’re from the Upper Midwest, I’ll bet you didn’t know that the state of Minnesota alone has about nineteen operating casinos.
On the international front, casinos for blackjack
can be found in many countries all over the world. They’re just a little more low-key than those in America. Don’t expect mega-structures with 6,000-room hotels over-looking a volcano. In fact, in some European countries it’s very possible to pass a casino on the street and not even know of its existence behind the glass doors of what could easily be mistaken as a private club or office. Serious players find out where the games are and what rules apply - without the aid of blinking lights or garish advertisement. It’s a whole different kind of interface - you’ll know what I mean if you ever
can play blackjack
in other countries.
Some better-known international destinations offering casino gambling include the Caribbean, Canada, London, Amsterdam, Monte Carlo, and all over the Pacific Rim, including the major cities in Australia.
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Sin City
23. February 2008
admin
What city is home to more casinos per square mile than anywhere in the world, and also happens to be mecca for the modernday card counter? If your answer was "Las Vegas," you’re right. Sin City has turned up the volume yet again. And that was a good business decision, because with the popularity of casino gambling exploding across the United States, some place had to emerge as the creme de la creme of gambling towns. And that somewhere remains, indisputably, Las Vegas, Nevada.
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Blackjack common rules
21. February 2008
admin
Let’s touch on some common rules and the corresponding effects on player advantage to start playing blackjack. Keep in mind that a player using perfect Basic Strategy in a game with a typical set of rules plays at only a very slight disadvantage. And a proficient card counter, under those same circumstances, garners about a 1.5 percent advantage. As mentioned earlier, it’s imperative for the serious player to find a game of online blackjack
with rules that don’t negate too much edge. Otherwise, all that is really happening is the passage of time. And why go through the effort of counting, proper bet sizing, and all the other facets of professional-level play if the rules of the game reduce your advantage to a level on which playing becomes an exercise in futility? Thankfully, in more instances than not, card counting can overcome the negative effects of rules that are unfavorable to the player. But regardless, the first order of business should be an assessment of the game and what rules apply.
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Possible outcomes in blackjack
19. February 2008
admin
Let’s again summarize the three possible outcomes, keeping in mind two very important points, the first of which we’ve covered earlier:
- The dealer must draw with a total of 16 or less, and stand with any total of 17 and above. These are the rules of the game and Blackjack tournaments. Whereas a player can decide on whether or not to draw additional cards, the rules of the game force the dealer to draw or stand based on the total of his cards.
- The dealer goes last. By the time the dealer completes his hand, all players are either content with their totals, or have previously won with a blackjack or lost by going over 21.
WINNING: A player’s hand totals higher than the dealer’s, or he has a blackjack and the dealer does not, or he remains in the game with any total and the dealer subsequentiy goes on to bust.
LOSING: A player loses when he busts, or when the dealer’s hand ultimately totals higher if the player has remained in the game.
TYING: A player ties, or pushes, when his hand and the dealer’s hand total the same amount.
Remember that a player loses immediately upon busting. So if a player busts and the dealer subsequently goes on to bust as well, the player loses.
Along about now you might be asking yourself why anybody would ever take another card if the possibility of going over 21 exists? The reason for doing so in some situations is that reliable computer-tested best blackjack strategy
has proven that it is to the player’s advantage to sometimes risk the possibility of busting in an attempt to improve a relatively poor hand. Not risking the possibility of busting in some situations is by far the single most common "beginner" error.
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Casinos come
18. February 2008
admin
Casinos are businesses like any other, and whether big or small, the bottom line for any operating business is to make a profit in casino games.
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