Couponomy
SlotSlayers
Our new book Breaking the Slot Code (BTSC) is finally out and by now in the hands of pre-pub buyers. The book is getting a lot of attention, not just from the players, but from the casino industry, as this is a subject that has them in a quandary. Why? Author Ben Rosenthal explains in this comment from the book.
Here’s the dilemma for the casinos. They’re still getting their generous payouts from the advantage machines over a large sample, but their regular customers are playing them at the bottom of their builds—which is where they’re often left after a grinder is through with them—and they’re getting steamrolled. If they lose every time, why would they come back and lose some more?
Players of all ilk love these games and as Ben states, the casinos make a lot of money from them, but they hate the slot “vultures.” Hence, the quandary. How will the casinos react?
That’s discussed in the book, but for now, the beatable slots are everywhere and that’s a good thing. However, some words of caution are in order. Most importantly, BTSC isn’t a magic pill; it doesn’t tell you how to walk up to a machine and beat it out of the gate and it doesn’t show you how to pick a favorite game and play it anytime you want. The strategies work on “variable-state” games, which means they’re beatable only under proper conditions, and different machines become playable at different times. Even then, there’s competition, so you’ll need to put in the time to carve out +EV opportunities. That includes sometimes opting for out-of-the-way casinos and stand-alone bars. In fact, if you visit bars in Las Vegas and other gambling towns often, a single chapter will pay for the cost of the book: the one chapter on Ultimate X video poker. Profitable UX situations show up constantly in bars and BTSC is the first book to provide the proper strategy for playing them.
Back to the casino dilemma, it remains to be seen how the situation will play out, but in the meantime, we’re taking things to a much higher level with SlotSlayers.com. This is a new website for players of all levels and bankrolls who intend to play these games for ongoing profit. Whereas BTSC covers 25 games and explains concepts so you can identify other AP slots that aren’t in the book, SlotSlayers identifies more than 200 different games and shows you how to play them through videos with voiceover explanations. New videos are added as new games are discovered. You’ll also find condensed strategies for all the games, which facilitate instant recognition of profitable opportunities. The SlotSlayer message boards give you direct access to Ben Rosenthal for questions and discussions, not to mention input from other members. These boards are already active and we envision building a vibrant community of like-minded contributors.
The value of this information is such that this is a fee-based website. Monthly access is a recurring $30 per. If you opt for a year’s membership, it’s $270, which equates to three months free, and it comes with a copy of the book. There’s also a $100 option that doesn’t include the videos.
Of course, they’re not for everyone, but AP slots represent the easiest point of entry to advantage gambling that I’ve seen in decades. Get more information and watch some sample videos here.
Poker Books
It’s poker time in Las Vegas. Not just poker time, but tournament-poker time. I can say without hesitation that Huntington Press has published the best books on the beatable gambling games, with the exception of two: horse racing and poker.
Explaining why horse racing is easy—it’s extremely specialized, the house edge is large so it’s difficult to overcome, and the market for the information is small. The APs who’ve conquered horse racing have made fortunes, but they do it on a scale that the everyday player could never compete with. Hence, we’ve left horse racing alone.
The other is poker, and the reason for that is even easier to explain—there was a better poker publisher out there in Two Plus Two Publishing, created by Mason Malmuth and David Sklansky. Talk about timing—2+2 popped up just as the poker wave hit, and those guys rode that wave all the way to their own private islands. They published a lot of good titles, but the Dan Harrington series really blew it open for them. They deserved it. If you play poker, especially tournaments, you have to read Harrington.
We thought 2+2 had poker wrapped up, including the best tournament book on the market, so we stayed out of the space. But poker tournaments got so popular so fast, they became big-money vehicles for the best players and the strategies evolved. That was when we jumped in.
We saw an opening in providing even better tournament strategies and kicked it off with Lee Nelson and Blair Rodman teaming up to write Kill Phil, which put forth a potent strategy for beginners in poker tournaments of any kind. Malmuth himself gave the book a 10 in his review, the only time he ever bestowed that rating on a non-Two Plus Two book. Blair stepped back from poker, as we know, and moved into sports betting (see gambling), but Lee wasn’t done. He went on to recruit some of the best of the new breed to write three more game-theory/equilibrium-based tournament books for HP. Here’s the list:
Kill Phil—The Fast Track to Success in No-Limit Hold ’em Poker Tournaments
Kill Everyone—Advanced Strategies for No-Limit Hold ’em Poker Tournaments
The Raiser’s Edge—Tournament-Poker Strategies for Today’s Aggressive Game
Flop, Turn, River—A Hand-By-Hand Analysis of No-Limit Hold ’em Tournament Poker Strategies
If following the WSOP this month gets you itchin’ to get in the tournament game, you can find all of these books with explanations of what they cover in the LVA store and Amazon.com.
Sklansky
Gambling luminary David Sklansky passed away in March at the age of 78. I knew David. Brilliant guy (he’s often called the “father of mathematical poker theory”). Strange guy. But boy, his stuff was great. I still maintain that the two books you should read if you’re serious about playing poker are his The Theory of Poker and our Decide to Play Great Poker. And if you pick just one, it’s Theory hands down. David wrote other excellent poker books, but my second favorite is his catch-all gambling book, Getting the Best of it. Aspiring APs, find it and read it.
CET and MGM
Caesars Entertainment and MGM Resorts International are being bought out? Well, not yet, but breaking news as we go to press makes the Caesars deal look highly likely (see news) and an offer has just been put on the table for MGM. As you might expect, these developments are intriguing to me, as these two companies are the primary instigators of the Vegas Gouge, of which LVA has been highly critical. It’s gonna take some time to sort out what’s happening, if anything winds up happening at all, but count me as being all for new regimes coming in on both fronts. I expect I’ll have more to say on this subject next month.

