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A Look at Maria Konnikova’s The Biggest Bluff

One of the good news/bad news parts of my job as a podcast co-host is that I’m regularly offered manuscripts to read by authors hoping to land an invitation to the show. In the case of Maria Konnikova, it’s all good news. She’s an excellent writer and the first time we had her on the air was a really fun interview.

She came to Richard Munchkin’s and my attention two years ago when she won a poker tournament in Monte Carlo after picking up the game only one year previously. She was offered a PokerStars sponsorship and a number of publications, including Poker News, ran features on her. So we invited her to be a guest on GWAE for May 31, 2018.

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Coronavirus III: Eyes Wide Shut

Fifteen years ago, when most of the AP discussion was consolidated on Stanford Wong’s Green Chip page, there was a recurring conjecture, posed by naïvely optimistic card counters: When a butterfly flaps its wings in China, penetration increases in Vegas. For example, one person would make a post saying that the US had just signed a treaty banning military research on biological weapons, and the next poster would say, “So penetration is going to increase!” The Rube Goldbergian logic would go something like this: If we ban bio research in the US, the virus labs will move to foreign countries, especially China; without proper ethical and safety regulations, a virus will escape a Chinese lab; the ensuing worldwide pandemic will shut down casinos throughout the US; after two months without revenue, the US casinos will be desperate for cash when they re-open; to entice Americans to travel to the petri dish that is the Strip, Vegas will have to offer something that locals casinos throughout the US cannot; previously, Vegas casinos would offer fabulous shows, nightclubs, restaurants, roller coasters, strippers, and delirious nights spent shoulder-to-shoulder at the crap table with other like-minded tourists; with social-distancing guidelines shutting down nightclubs, spas, restaurants, and debauchery, Vegas will have to find some other way to make the game attractive; ergo, they’ll increase the penetration!

You had me till “ergo”! The conjecture requires three assumptions: that casino executives know what penetration is, that gamblers care what penetration is, and that casinos will compete with each other using penetration. In my decades as a pro, I still haven’t figured out which of those three assumptions is the most ridiculous. For a few inexperienced players to share their daydreams online was less annoying than the silence of the experienced majority. By failing to call out misinformation online, knowledgeable players allow idiocy to fester online. Of course, sometimes that is our goal.

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Since You Asked—The Neon Museum

Ever since Betty Willis designed the historic “Welcome to Fabulous Las Vegas” sign for Western Neon in 1959, Las Vegas has had a love affair with neon signs. It’s hard to believe, but for many years, no effort was made to preserve this rich area of local history. When old hotels were torn down or rebranded, their signs were simply discarded.

Somewhere around the mid-1990s, the nonprofit group behind the Neon Museum started storing signs haphazardly in an empty lot north of downtown, with the hope of someday providing them with a proper home. In the meantime, small tours were available by appointment on an informal basis, if you happened to know about it and were able to reach someone when you called.

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Kipling Said It Best

In the middle of his famous poem “If,” Rudyard Kipling poses the condition, “If you can meet with Triumph and Disaster and treat those two impostors just the same.” At the end of the poem filled with twenty or so other conditions, comes the conclusion, “you’ll be a Man, my son.” 

Although addressed to his son, this applies equally to daughters. The phrase is etched over the players’ entrance at Wimbledon’s Centre Court. I read it recently in a book by Maria Konnikova which I will review next week. This phrase was a very small part of the book, but it speaks to me as a video poker player as surely as it does to tennis players. 

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The Green Chip War

In a Gambling with an Edge podcast, two card counters—“Joe” and “Semi-Pro”—tell the story of a chop disagreement. I am only a listener to the podcast, with no inside knowledge, so my comments will undoubtedly misstate their positions. Pretend this discussion is based on a fictional incident. My points still apply. Part of the difficulty in running an AP team or real-world relationship is disagreements over money. To recap the fictional scenario: During her play, Semi-Pro had gone to a table where a gambler asked her to wait a few hands before joining. When the gambler’s lucky streak ended, he thanked Semi-Pro by toking her $25. The senior teammate Joe, a grizzled veteran of the EV wars, thinks that the green chip should be part of the team chop. [At that point Marlo Stanfield called in to the show to relate his experience as a rookie counter on Joe’s team: “I wanted it to be one way, but Joe told me it’s the other way.”]

Now comes Semi-Pro, giddy at $25 of UV (unexpected value) derived from her unique skills (the skills that cause gamblers—especially older males—to say, “So you’re telling me there’s a chance”), outside the scope of the team mandate to count cards. By her position, it was only incidental that the $25 even came in a casino, and the profit should accrue to her the same as if a flirtatious barista had given her a free latte at the coffee shop earlier in the day. That chip has nothing to do with the team chop.

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Applying What I Know

I’ve been publishing and giving gambling advice for decades. Sometimes thinking like a gambler helps in areas far removed from gambling itself. Today I want to share such a case. (If you only want discussion of video poker, perhaps you should skip this week.)

Among other interests, I participate in Toastmasters, a group dedicated to helping you speak better. My reasons for this include being a better teacher, being a better interviewer on my podcast, practicing stories that I present in various locations, and even performing better in my Improv troupe. Insofar as following the “Pathways” programs and being awarded various designations by Toastmasters, I have no interest at all in that. 

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A Lesson from Daniel Negreanu

Masterclass.com is a marvelous collection of world authorities talking about what they know best. I am very impressed with their teachers.  I had heard about a 2-for-1 sale they were offering in early April, so I signed up. Usually it’s $180 per year for full access to thousands of hours of instruction, but the recent sale allowed two people to sign up for the same $180. The combination of the sale and lots of extra time due to the stay-at-home rules was enough to seal the deal for me. I sent an email out to a number of people I thought might be interested in partnering with me on this, and several responded with interest. The ones I couldn’t use, I hooked up with each other.

My primary interests are writing, comedy, and games of skill — and they have several courses in each of those categories. I’ll eventually get to classes further down my list of interests, but the courses on cooking and interior decorating will probably never make the cut for me. 

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Since You Asked — Big Bus Tours

[Editor’s Note: As Las Vegas reopens, many visitors will be looking for ways to get outside more than usual. The open-air upper deck of the Big Bus Tour is a great way to do that. The tour is currently not running, but is expected to reopen as the casinos and the rest of the city do. Here, Dapper Dave Kamsler provides a first-hand account of the joys of the Big Bus Tour.]

One of my favorite ways to explore a new city is on the Big Bus Tours.

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A Look at 9-5 Triple Bonus Poker Plus — Part 3 of 3

Today I want to look at the advanced strategy features of 9/5 TBPP. Unlike the previous two weeks, I’m not comparing this game to another. I’m just listing exceptions to the intermediate rules.

I assume you’re generally familiar with penalty cards and the difference between ‘when’ and ‘with’ inside parenthesized exceptions. These are common for all the Dancer/Daily Winner’s Guides and strategy cards. If you’re not familiar with our notation, this might be tough going. It would take several thousand words to explain all the features of the notation, and that’s kind of tough for 800-word columns.

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A Look at 9-5 Triple Bonus Poker Plus — Part 2 of 3

Today I want to look at some of the interesting features of 9/5 TBPP at the intermediate level. If you’re not comfortable at this level, you probably should review last week’s column before you dig into this one.

I’m not going to print a strategy here. If you have Video Poker for Winners software, you can get a strategy there. If not, www.wizardofodds.com/games/video-poker/strategy/calculator/ provides an accurate strategy free of charge. I’m not crazy about the format of the WOO strategy, but when you start with free and accurate, it’s probably unfair to be too nitpicky. 

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