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More Dogs Than Bones

The following story is fictional, but based on real events.

The Gold Mine in Las Vegas was one of many casinos where Jack played. There were two, and only two, “good” machines. These were $5 single line Bonus Deuces machines that returned 99.45%. With the slot club, mailers, and promotions, these machines were playable, in Jack’s opinion. Continue reading More Dogs Than Bones

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Recent Questions I Have Received

In the video poker world, I am somewhat of a public figure. Between the classes, articles, and radio show, lots of people ask me questions all the time. Some of them are in the “none of your damned business” category. And some aren’t. I thought I’d answer a few of them publicly that I haven’t addressed recently. Continue reading Recent Questions I Have Received

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Being Good at Everything

I have two good friends, “Thelma” and “Louise,” who are married to each other. I’ve been friends with Thelma for more than a decade, Louise about half that long, and Bonnie and I happily attended their wedding last year.

Thelma is very bright and has been successful at a number of things. She’s also very well-off financially. She’s a pretty strong video poker player, but doesn’t concentrate on learning all of the smallest details. “Why spend hours memorizing rare hands that will save me a tenth of a penny once every two years?” she asks. “I don’t need the money and life’s too short to spend my time on shit like that.” (If you don’t like that language, take it up with Thelma — not me.) Continue reading Being Good at Everything

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How Good Do You Want to Be?

Bonnie and I traveled to Los Angeles several months ago and, among other things, spent an afternoon visiting Margo, a platonic friend of mine going on 35 years. The ladies got along great and the visit reminded me of a story I wrote about Margo several years ago. Continue reading How Good Do You Want to Be?

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Breakeven Point Analysis Leads to Some Strange Conclusions

A version of this article first appeared in 1999, but I haven’t written about it for a long time and many of my readers are newer to the game than that and didn’t see it the first time.
Continue reading Breakeven Point Analysis Leads to Some Strange Conclusions

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Knowing When to Quit

I read an article in a poker publication some time ago. It was about a live poker player who recently spent a half-hour run “in the zone.” Apparently there were six major pots, and that writer won five. Then the writer was beaten two hands in a row, determined his streak was over, and left the game up $900. Continue reading Knowing When to Quit

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Quitting When I’m Ahead

You’ve heard the expression “Quit when you’re ahead,” applied to gambling. You’ve also heard, “When you’re on a hot streak, keep firing away!” These two bromides give opposite advice on what you should do when you actually hit a big jackpot. The first says go home. The second says stay and keep playing. Continue reading Quitting When I’m Ahead

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“Always Do Your Best” is Questionable Advice

How many times growing up were you told to always do your best? How many times have you told it to your own kids or grandkids?

While it has a catchy ring to it, it is basically terrible, short-sighted advice that’s impossible to follow. Continue reading “Always Do Your Best” is Questionable Advice

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Drivers, Pilots, Artists, and Perfectionists

Perhaps twenty years ago, I attended a series of motivational lectures by Dr. William Kerley. Near the end of the last lecture, he spoke of the time when he was hired by Continental Airlines to give classes to their non-pilots on how to deal with pilots. To properly understand what pilots went through, he spent many hours in flight simulators for a variety of airplanes. (This happened before 9/11). Continue reading Drivers, Pilots, Artists, and Perfectionists