Posted on Leave a comment

Five Hundred Dollars isn’t the same as Five Hundred Dollars

When Shirley and I finished a cruise recently, we scheduled separate flights back home from Orlando because she was planning on visiting a girlfriend there for a few days. Those plans got cancelled for some reason and Shirley was able to get on a flight a couple of hours after mine. Continue reading Five Hundred Dollars isn’t the same as Five Hundred Dollars

Posted on Leave a comment

Paying for Drawing Entries

Listeners to Gambling with an Edge may remember a guest named Sammy Katz, who is an advantage video poker from the Midwest. I got an interesting email from him, reading in part: “A local casino I play at in the Midwest is doing their drawing promotions in a new way. You earn 1 entry for every 250 points earned ($4=1 point). However, at certain times, you can BUY entries for all of the drawings that month at a rate of 100 points per entry (including points you have saved up). 200 points are worth $1 in free slot play otherwise. Is this somewhat common now for drawings? I am tempted to figure out whether it would be worth it for me to buy additional entries, but philosophically I am opposed to it, as if everyone did it, it would just be an arms race that only benefited the casino. It seems unfair that the casino is letting one person sell their points for something that costs the casino nothing, but essentially gets its value from devaluating my entries. Any thoughts on what you would do?” Continue reading Paying for Drawing Entries

Posted on Leave a comment

Two Advantage Plays on Norwegian Cruise Lines — And an end of a play

Shirley and I just returned from a week-long Caribbean cruise on the Norwegian Sun. The cruise was “free” from the Palms, meaning that we “only” had to pay $521 in port fees and taxes — per person. We’ve taken a large number of cruises to many destinations, and this particular one was the only one that came up on NCL when we Googled “2011 Square Dance Cruise.” It’s a minority priority, to be sure, but it’s ours. Continue reading Two Advantage Plays on Norwegian Cruise Lines — And an end of a play

Posted on Leave a comment

Time-Stamping Your Money

Assume you have more than $500 in your wallet. If it’s not true when you’re reading this, it has been true sometime before and you can do a “thought experiment” rather than a physical one. Reach into your wallet and pull out a $100 bill. Can you tell me when and where you got that particular bill? In most cases, the answer will be “no.” Yes we can imagine a scenario where one of the bills we got from the South Point had a ripped corner, and it just so happens that that was the bill you pulled out so you know where you got it, but that’s a pretty rare case. Continue reading Time-Stamping Your Money

Posted on Leave a comment

A Look at Wong on Dice

Stanford Wong is one of my heroes. He has written knowledgeably about many different casino games — from video poker to blackjack to Pai Gow poker to sports betting to casino tournaments to . . . He is a friend and has been a repeat visitor to Gambling with an Edge. He will be appearing again this Thursday night, 7-8 p.m. 1230AM in Las Vegas. Live streaming at www.klav1230am.com. And it will be archived the next day on www.bobdancer.com. Continue reading A Look at Wong on Dice