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A Lesson Relearned

Today we’ll have a personal anecdote about what happened to me recently. I’m not sure how widespread my situation is, but perhaps some of my readers will relate to it.

I’ve been gambling at video poker since 1994. For the right promotion, I’ll go any time of the day or night. To make this work, I also need to be able to sleep any time of the day or night so I can be at my best when I play. Sometimes I’ll play daytime for one promotion, sleep four to six hours, and then go play graveyard at some other promotion. At age 74, it’s more difficult to do this than it was when I was younger.

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Using One Strategy for Two Games

The mathematical analysis in this blog was done by Rick Percy. I do not have the tools to do that analysis myself. Thank you, Rick!

My personal goal is to learn the best strategy for every game I play. Not everybody shares that goal. Some people want to minimize their work, or don’t have the time, or have trouble keeping the differences between strategies straight.

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Killing the Golden Goose

There are some excellent video poker opportunities to be found from time to time in Las Vegas. When these are found, good players rush in to take advantage of them. After a few days or weeks of getting pounded, casino slot directors decide that they are tired of this, so they remove the promotions, the machines, or sometimes, the offending players.

For a promotion to work, good and bad players need to play. If the casinos do not make money, the promotion will not last. When good players hog all of the machines, the casino cannot make money, and so the casino makes adjustments. 

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It All Adds Up

A friend, Jake Jacobs, posted in passing on a Facebook page recently that he’d been active in car rallyes in the Chicago area way back when. Some of them were time-speed-distance events where you were timed and crossing a checkpoint 30 seconds early was as bad as 30 seconds late — but both were better than 40 seconds either way.

The other type of rallye was called a gimmick rallye, where time was not a factor, although you had to finish by such-and-such a time because that’s when awards were passed out. You were scored on the basis of your answers to questions, such as, “What is the name of the first street you pass on the right?” or, “How many streetlights do you pass between xxx and yyy?” There was always some sort of trick in the rules leading many participants to get the wrong answer.

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Response to a Blog Comment

For the past two weeks, I’ve been posting about using different software in order to learn to play. A comment on the first such post read (lightly edited):

“Just some of plays worth two cents or less if you make the wrong one are sometimes on the rare side and some are somewhat common. So, for me personally, I wouldn’t sweat making this mistake once an hour or so. I’d compare this article to a card counter learning every single playing index for blackjack. While there is an index for splitting 10’s vs 2 and then doubling if one of them receives an ace, is it really worth learning?”

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Which One is Worth More?

I’ve written about this subject a few times in the past, but not recently. If you’ve seen it before, check to see if you remember the correct answer. If you haven’t seen it before, now is the time to test yourself. All of us need to review from time to time to keep our skills sharp.

Assume you’re playing any version of Deuces Wild, where W represents a deuce, and we’re comparing the following two hands:  W 6♦ 7♦ 9♦ T♣ and W 6♦ 7♦ 9♦ 8♣.

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When Do You Quit?

At  www.gamblingwithanedge.com , in the comments section for a recent blog post of mine, a poker player said he had two stop limits–one for being ahead and on for being behind. (It’s possible he uses the same amount for each. He didn’t say.) He wanted to know if winning video poker players use this system as well.

In all gambling, money management is important. One of the key elements is being able to stay in the game. If you go broke, you’re out of the action.

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A Sexy Correlation

Author’s note: I ran this originally in December 2009, while I was teaching classes at the Eastside Cannery.

After this was published, Andy and Sharon became good friends with Shirley and me, and later Bonnie and me. Recently Sharon, real name Phillis, died after dealing with a brain tumor for years. Reprinting this article is one way to say, “Rest in Peace, Phillis.”

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You Can’t Do That!

I have played for more than ten years at Dotty’s, a chain of 15-machine (mostly) establishments located throughout Nevada. 

While the promotions at Dotty’s vary periodically, one constant has been their Jackpot Bonus promotion where 10% of all W2gs receive a 10% bonus. That is, if you hit a $4,000 jackpot, 10% of the time you’ll receive an extra $400 in cash.

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