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  • On GWAE this week – listener email

On GWAE this week – listener email

December 27, 2016 6 Comments Written by Richard Munchkin

Bob and I are answering listener email this week on Gambling With an Edge.  Post your questions here, or send them to us at [email protected].

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6 Comments

  1. alpax alpax
    December 28, 2016    

    I have two questions if there is time to discuss over the air.

    1. If a player gets restricted or no-mailed from a casino, and then he/she goes and plays anyways, do you know if the person get back on the mailing list with a significant loss or is the person permanently restricted?

    2. Do you guys know if there is such a thing as an advantage slot machine player? If so, is there a person within an inner circle that is willing to be a guest?

    I will look forward to this week’s podcast.

  2. Mirkon Strout Mirkon Strout
    December 28, 2016    

    Years ago, I purchased a blackjack course called The Bobby Singer Method. In the early 1990s, with the help of a friend, I studied and mastered it in a few months. The course is structured in three parts: Basic Strategy, Card Counting, and Money Management. The basic strategy and card counting (high-low) is the same as I’ve seen elsewhere and still see and hear about today; however, the money-management as far as I know is where it differs from conventional standards in one simple way. There is no conversion to a true count but instead a dollar amount is assigned to the count for each of three locations of the deck (early, middle, late). The assigned dollar amounts are based on the player’s bankroll.

    Players must multiply the plus count by the assigned number at each deck location. For instance, with a $1,000 BR, the assigned numbers are $1 early, $2 middle, and $3 late. Therefore, for a +9 count mid-deck, the player bets $18. I had no problem implementing this system many years ago and am thinking of getting back into card counting and would like to revisit the system.

    My question is, does this system seem viable to you or should I not waste my time re-studying it and stick to a more conventional one? Also, have you ever heard of Bobby Singer and, if so, is he well-respected within the blackjack community?

    Some possibly pertinent information:

    My friend and I become partners and started with a $1500 bankroll. We traveled to Atlantic City five days a week and played five 45-minute sessions. After about 2 months, we lost roughly 30% of our bankroll. At that point, my friend suggested we postpone our endeavor since, as he explained, summer was coming and Atlantic City would be “too crowded.” I knew he was not being honest and was simply looking for an excuse to dissolve the partnership. Mainly, I believe, he was bored as he did most of the driving (an hour each way from Philadelphia) and then just stood around watching me play. He also might have needed his share of the BR for his other gambling activities. I didn’t blame him but was disappointed as I really wanted to see this through. I also never formed a negative opinion of Mr. Singer’s method since we did not give it enough time to prove or disprove itself.

    The Bobby Singer Method was sold on television through infomercials during the mid-1980’s. I bought mine in 1985 for I believe $150.

  3. LC Larry LC Larry
    December 28, 2016    

    Mirkon, I learned using his “system” as well back in the very early 2000’s after seeing him hawking it on one of the cable shopping networks. Obviously it was geared toward a beginner. For me, the “betting strategy” (I won’t call it Money Management) worked just fine. This was long before I knew of any software programs and the like. I’d suggest looking at better stuff.

  4. Mirkon Strout Mirkon Strout
    December 29, 2016    

    Thanks for responding, Larry. I didn’t know he was still around as late as the 2000’s. If you have any suggestions of what other systems to look at, I’d appreciate it.

  5. Richard Munchkin Richard Munchkin
    December 29, 2016    

    Bob & I will discuss handle email on today’s show so I’ll answer.

  6. Giovanni Giovanni
    December 29, 2016    

    Question for Bob: The edge for AP video poker is a fraction of what it was during your heyday. I know that mailers will make up most of your edge in AP VP, but how do you determine what exactly you have to play to receive the optimal amount of mailers? I’ve heard that if you stick to only the highest return VP, your mailers will often be limited regardless of your coin-in. Is AP VP all about trial and error, and if so, how do you determine your overall EV?

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