The story from last week continues. If you didn’t catch last week’s blog, you need to read that one first for context. Last week was more about my decision process. This week is more about the actual results when I went to play at my local Dotty’s for $150 a hand. My first $3,000 was […]
Posts tagged jackpot
What Was Your Best Gambling Decision?
Pick your one or two best gambling decisions throughout your life. Pick them before reading on. Take however much time you need. This blogpost will be here when you get back. This post has been inspired by my recent reading of Annie Duke’s books, “Thinking in Bets” and “Quit.” I wrote about these books last […]
Promotion at Molly’s — Part I of II
I received the following email for the Gambling with an Edge mailbag show: Hi Bob, how do you calculate the edge on this video poker promotion? Molly’s in Vegas offers “lose $20, get $20” but I’m not sure how to calculate the advantage (if any). Also, if you have played this promotion before, do you […]
A Good Game Gone for About Five Years
Someone posted a picture of a $50,000 royal flush on wizardofvegas.com and that brought back memories. Although this particular jackpot was hit by someone else, I’ve had more than my share. The game was called “Deuces Plus” and was a 10/4/4 version of Deuces Bonus with a 1000-for-1 royal flush. They were available at fewer […]
Is it Guaranteed?
I recently published an article on quitting when you’re ahead which may be found here. The article referred to a particular $100,000 royal flush I hit at Dotty’s and why circumstances at that establishment led me to quit gambling there for a few months after the jackpot. Some of the follow-up comments about the article […]
Too Good to be True?
Casinos are in the business to make money. They don’t intentionally make mistakes. Still, sometimes mistakes happen that smart players can exploit. You don’t need to be a pro. You just have to be alert and savvy — and find one of these mistakes. It also helps if you have the requisite knowledge and bankroll […]
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.
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