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New Slots To Play and Have Fun

This post is syndicated by the Las Vegas Advisor for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page.

A.C. says: Despite the fact that slots are the most-played gambling game in American casinos, we don’t talk a lot about them. The reason is simple: With few exceptions, slots aren’t beatable and at LVA, we concentrate on the beatable games. But because slot revenues are such a big portion of the casino-revenue pie, the competition to create new games is fierce and lots of intriguing themes and innovative pay components hit the market every year. In this article, one of the top gambling writers out there, John Grochowski, describes five of this year’s new offerings. The article was written fresh off the most recent G2E conference, so these games are just making their way onto casino floors. Return percentages and related mathematical considerations aren’t addressed – again, keep in mind that these are negative-expectation games – but the descriptions provide insight into the experience that each game offers and, more important, give prospective players a head start on understanding what they’re rooting for once the wheels start spinning (the learning curve on the more complicated slots can be steep). Speaking of the competition among game developers, note that a different manufacturer is behind each of the five slots featured.

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Louisiana plummets; Cool front disrupts summer gaming

A “cruel, cruel summer” for regional casinos was predicted by Truist Securities analyst Barry Jonas and it’s already arrived in Louisiana, where gambling revenues fell 10% last month. It’s not even keeping pace with go-go 2019 any longer. The statewide gross was $200 million, as visitation fell 8% and spending dipped 2%. Sports betting revenue was a miserable $11 million on handle of $132.5 million. Not much pent-up demand there. Hobbled by renovations, Harrah’s New Orleans fell 14.5% but still easily let its market with $21 million. Also revenue-negative in the Big Easy were Boomtown New Orleans ($11 million, -7.5%) and Treasure Chest ($8 million, -4.5%), while Fair Grounds racino was up 5% to $4 million. Up the river in Baton Rouge, new ownership at Belle of Baton Rouge inherited a property that Caesars Entertainment left at rock bottom ($1 million, -11%), while Hollywood Baton Rouge slid 18% to $5 million. L’Auberge Baton Rouge posted $16 million (-2.5%).

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A Look at Robert Wachtel’s The Backgammon Chronicles: A Pro’s Adventures on Tour

Robert Wachtel is a world-class backgammon player — Richard Munchkin and I have each known him for more than forty years. He recently self-published a two-volume set of Chronicles which I read and enjoyed. While Bob will be a guest in the near future on Gambling with an Edge, I thought I’d give readers a preview of the books.

The essays in each volume are mostly previously published stories from backgammon periodicals — updated for the book. I haven’t kept up with the backgammon literature since I left the game in 1993, so it was all new to me (other than a remembrance piece written when Paul Magriel passed away). Color photographs enhance the experience.

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Where I Grew Up

Someone pointed me to an article in a West Hollywood publication about the Cavendish West. I was surprised to find that I was quoted in the article as the author never spoke to me. He did, however, paraphrase some things I’ve said on the radio show.

The Cavendish West is the place where I learned many lessons about gambling — from about 1975 – 1991. Although I did play a bit of contract bridge there for money, I was never a winning player at that game. My game of choice was backgammon, where I was successful — for a time.

In the mid-1970s, when backgammon was a sexy game, was played in discos, and was written about in popular magazines, I was sufficiently above average that I did quite well financially. Eventually the game passed out of favor and the Cavendish was left with only the good pros beating up on the not-so-good pros. I fell into the higher end of the lower category — and eventually, around 1980, I had to go out and get a job to support myself. It was awful.

I wrote a “Lessons from the Cavendish West” chapter in my Million Dollar Video Poker autobiography, but today I want to primarily address other things.

At the Cavendish, there were a LOT of good players. You could sit and watch them play, and so long as you were quiet you were generally allowed to look on. As Yogi Berra said, “You can observe a lot just by watching.” You could take notes and see how the big boys did things.

Sometimes they’d take three or so minutes to make a play and you could see what they finally did, but you had no idea of what their thought process was. For me, just watching was pretty boring. Playing was a lot more fun than watching. Still is. I basically had a free backgammon university education available to me, but instead chose to go and play backgammon against somebody over whom I had little or no edge. That led to a form of gambler’s ruin.

Today I hope I’m smarter than that. Video poker opportunities are less plentiful and less lucrative than they used to be. Studying, scouting, and waiting for the good ones are all part of succeeding these days. It’s easy to predict a day will come that I’ll be playing two hours a week or less. I’m preparing for that day. Perhaps you should too. Those who continue to play even though they are not the favorite will continue to lose.

Other factors that were drummed into me concerned sleep management and substance abuse. During certain periods in the 1980s, I worked 50+ hours a week in IT departments and then tried playing and/or studying 40 hours a week of backgammon. Both careers suffered — as did my social life. Today I can’t stay alert and play more than 6-8 hours at a time, although if I get a good four hours of sleep I can put in another session of that length. However much EV I calculate a play is worth, that calculation presumes an insignificant number of errors. If I play long enough, I make many more errors than I calculated and lose all my edge.

The Cavendish was housed in an office building and one flight up was a small roof that covered a portion of the building. Players frequently smoked marijuana or other substances on the roof and getting an invitation to join them was fairly easy. I didn’t do that very often, but when I did, my results suffered greatly. I am not someone who can smoke a joint and then concentrate on playing the way I need to in order to succeed.

Because of our last election, recreational marijuana is about to be legalized in Nevada. That’s fine for those of you who want that, but for me it’s poison. I’ll stay away. It’s possible that someday I’ll be in sufficient pain that I will take marijuana to help deal with it, but I’ll give up gambling for as long as I’m consuming.

The end of the article tells of the last days of the Cavendish, when voters of the then recently incorporated West Hollywood decided they didn’t want the club in their city. Previously, West Hollywood was a part of the City of Los Angeles. It was said around the club in the 70s and 80s that the mother of the DA (or was it the chief of police?) regularly played gin rummy at the Cavendish, so the club was safe from being raided. That was probably true, but I don’t know which public official, which mother, or even which jurisdiction this applied to. I was just happy that I could play there.

The Cavendish died a couple of years before I moved to Las Vegas. I was sad to see it go, although by that time it was just a time-killer for me. There were relatively few backgammon players at the end and, although I could get into a game where I was a slight favorite (I was a MUCH better player at that time than I was back in 1980 when I had to leave and go get a job), the house rake absorbed most of my edge. Still, it was a pleasant diversion one or two nights a week and I liked that.

When I got to Vegas, there was a backgammon club here. I briefly considered staying active in the backgammon scene, but I already knew I couldn’t support myself playing backgammon in Los Angeles and had heard it was tougher in Las Vegas. No thanks. I decided to stick to games I thought I could beat.

If you read the article, you’ll see a picture of a backgammon board at the top. This is a folding board, sold at toy stores with toy store dice. This is NOT what we used at the Cavendish. In a reply that I sent in response to the article, I explained what the differences are.

The picture is also missing the most important part of the game — i.e. the doubling cube. Without a doubling cube, backgammon is just a game. With a doubling cube, backgammon is a great gambling game.

I suspect my many thousands of hours at the Cavendish helped make me a better gambler today. After you’ve been through many many dozens of winning streaks and losing streaks, it’s easier to keep your balance when you’re in another one.

At the time, especially when I was losing and had to go and get a job, I thought I had “wasted” several years of my life. Today I believe I couldn’t have gotten to where I am today without going through that first. Among other things, the Cavendish introduced me to Richard Munchkin and for that I’m very grateful.

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Lessons from Chip Reese

I was reading Mike Sexton’s new book, Life’s a Gamble, in preparation for interviewing Sexton on the radio. The Sexton interview will be taped before you read this and will be posted here (that link is to the filtered podcast archives) on Thursday, July 28. The book is autobiographical, with lots of anecdotes about Sexton himself and various other players. I already knew many of the stories (I read a LOT about gambling and have interviewed many players over the years), but many more were new to me. All in all, it’s a good read and of interest to any gambler, not just poker players. Continue reading Lessons from Chip Reese

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Identifying a Pattern

I planned on playing for six hours at the Palms from shortly after midnight until about 6:00 a.m. on the early morning of Wednesday, April 27. It was a double point day— I also earned points for gift cards, a small amount of value for the weekly drawing, plus my play kept the mailers and other benefits coming. There were only two machines that I wanted to play, both containing $1 Ten Play Deuces Wild Ultimate X, and I expected other players to want the same machines on that day. So I went at hours when other players preferred to sleep. And this time, at least, one machine was available. Continue reading Identifying a Pattern

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I Think My Card Might be Poisoned: What Now?

After getting heat hitting a repeat target, my teammate Bullet sometimes says, “I’ve gotta go in there and find out if my player’s card is good.” Why? Why?? Why???

No! No!! No!!! First of all, do you really even need to know the answer to the question? Continue reading I Think My Card Might be Poisoned: What Now?

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The Boss Just Sat at Our Table with Game On: What Now?

A handful of times in my career, a boss has sat down at our table while my BP and I were playing a target game. Many players have never experienced that scenario, and completely panic when it happens for the first time. They’re not even sure what to make of it, but I’ll tell you. Continue reading The Boss Just Sat at Our Table with Game On: What Now?

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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 — but that’s not necessary. If someone brought the following to me and nobody else knew about it, I might well have paid a $1,000 finder’s fee. Continue reading Too Good to be True?

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More Dogs Than Bones

The following story is fictional, but based on real events.

The Gold Mine in Las Vegas was one of many casinos where Jack played. There were two, and only two, “good” machines. These were $5 single line Bonus Deuces machines that returned 99.45%. With the slot club, mailers, and promotions, these machines were playable, in Jack’s opinion. Continue reading More Dogs Than Bones