Our guest this week is Michael Shackleford aka The Wizard of Odds. We discuss the updated version of his book “Gambling 102”.
We welcome your questions – send them to us at [email protected], or you can find me at @RWM21 on Twitter.
Click to listen – Alt click to download
Show Notes
[00:00] Introduction of Michael Shackleford, The Wizard of Odds
[00:37] New content in Mike’s new book, Gambling 102
[03:11] Updated sports betting information
[04:47] Updated video poker information[05:46] Keno
[08:08] Pai Gow Tiles
[12:53] Video Poker in New York
[17:22] Powerball and Mega Millions Advantage Play
[18:48] Predictit.org bridge jumpers
[20:34] Setting fair lottery odds
[22:23] Harley Davidson slot machines
[25:35] South Point Casino January Promotions – $500k Spin to Win, free VP classes start on 1/14
[27:24] BlackjackApprenticeship.com
[28:26] VideoPoker.com/gwae – Gold membership offers correction on most games
[29:28] Predictit.org/promo/edge – political betting market with a $20 deposit match for GWAE listeners
[29:58] Strategies for the South Point “Hot Seat” promotion
[31:17] Vegas Three Poker field trial at Harrah’s
[35:20] Prosperity Three Pictures field trial at the Venetian
[36:49] Jackpot Hold’em field trial at SLS
[38:30] Paris Poker field trial at Paris
[40:36] Recommended – Wescliff Airport Express, DuoLingo, avoid Run at Luxor, The Magic of Jen Kramer at the Westgate, The Mac King Comedy Magic Show
SouthPointCasino.com
BlackjackApprenticeship.com
VideoPoker.com/GWAE
Predictit.org/promo/edge
BobDancer.com/seminars
WizardofOdds.comWizardofVegas.com
Gambling 102 by Michael Shackleford https://amzn.to/2QvZvyb
Sharp Sports Betting by Stanford Wong https://amzn.to/2rrRuSh
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Airport Bus to downtown Rtcws.rtcsnv.com/routepdf/1219/wax.pdf
DuoLingo.com
Westgateresort.com/hotels/nevada/las-vegas/westgate-las-vegas-resort-casino/entertainment/the-magic-of-jen-kramer/
Caesars.com/harrahs-las-vegas/shows/mac-king-comedy-magic-show
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In Regards to RWNY:
1) The closest racino to Manhattan is actually Empire City, which was recently purchased by MGM.
2) I’ve walked the VP selection in RW and Empire city multiple times, there are no VP machines that do not have the “No skill” placard on them. That includes the high limit areas.
3) I believe Mr. Dancer is correct about that 94% because the pay tables for the machines and play are not reflective of my actual experiences at places like AC or Delaware where there are “real” VP machines. So, for example, in both JoB(9/6) and BP (8/5) the straight flushes pay far more than expected (300 and 400 respectively 5 coin play). However; it is a myth (thus far in my experience) that the machine will “make sure you win” if you throw away a “winning” hand. What it does do is pop up a little genie that will “randomly” appear and change various cards to make, for example, a high pair into a flush.
This genie appears more often on high variance games and/or if a player plays VERY badly. If you play “perfectly” you will see the genie IF and ONLY IF you’re having extremely negative variance (which will happen because 94% return). Hence by turning losing hands into winning hands and some winning hands into higher paying hands, the player’s return is seen over the long run.
I listened to this show this morning. For what it’s worth I purchased from Barnes and Noble and read the Sex Lies and Video Poker last year. I would certainly commit to purchasing a sequel in the unlikely event that one gets written.
I enjoy gambling stories and I thought they were worth reading. I’d recommend others to read them.
Want Michael to call me..
Mark Valenti 702-510-1108
We work together on a couple things and was introduced by Mike Fields a long time ago…