Posted on 1 Comment

What Makes Ultimate X So Volatile?

I’ve been playing $1 Ten Play 9/6 Double Double Bonus Ultimate X (DDB UX) for about two years at the Palms. It’s supposed to be a 99.87% game when played perfectly. The perfect strategy is very complicated. The simplified strategy I use is worth a bit less. With the 0.25% slot club, mailer, drawings, etc., it’s a decent enough play.

In 2013, I lost more than $100,000 on this “decent enough” play. In 2014 I’m ahead. But still, how I can run so bad on such a good play? Continue reading What Makes Ultimate X So Volatile?

Posted on Leave a comment

How Would I Go About It?

The following is a hypothetical problem set at an unidentified casino: Assume the games are single line, for dollars, and I play $20,000 coin-in a month. Assume the slot club pays 0.25% and the mailer gives me $160 a month (i.e. $40 a week times four weeks) as long as I play $20,000 or more coin-in.

One month, however, my mailer includes a coupon that will pay me double for four 4s with a maximum bonus of $500. If I’m playing a deuces wild variation, it has to be four natural 4s, and if I get five 4s with exactly one deuce, I get paid double for that as well. I get to cash the coupon once only and it expires at the end of the month. Continue reading How Would I Go About It?

Posted on Leave a comment

The Principles are the Same

I periodically attend a dinner hosted by Tommy and Debby Hyland. Tommy has run a large blackjack team for decades and is a member of the Blackjack Hall of Fame. A number of gamblers of various stripes are invited to these dinners and the conversation is often stimulating. Tommy is also a very good golfer and plays several times a week.

The dinner was winding down when Tommy and a few others excused themselves from the table to catch the end of a Sunday night football game. Tommy likes to bet on football and I suspect he had a wager down on this particular game as well. I was lingering at the dinner table, enjoying the conversation and finishing my coffee. Continue reading The Principles are the Same

Posted on Leave a comment

Checking out the Downtown Grand

I don’t read a newspaper. I pay attention to the news, but get it online. Bonnie has subscribed to the Las Vegas Review-Journal for 20 years and reads it daily.

She is not particularly savvy about gambling offers, but she cuts out many of them and places them in my office. Mostly I either already know about the offers and/or am not interested. Occasionally, however, she comes across something I didn’t know about. One of those times was an ad for the Downtown Grand. Continue reading Checking out the Downtown Grand

Posted on Leave a comment

My Adventure at the SLS — Part 2 of 2

In last week’s article, available here, I explained how I happened to be playing for large stakes at the newly-opened SLS Casino on its opening weekend. I was down $34,000 after four hours of play. The story continues:

Shortly thereafter I hit $20,000 aces. While I was “in for” $56,000 at this point ($40,000 in markers plus $16,000 of cash I had fed into the machines), I had about $20,000 worth of tickets in my pocket and credits on both machines, so I “bought back” one of the markers. Continue reading My Adventure at the SLS — Part 2 of 2

Posted on 9 Comments

How Casinos Cheat, Part II: Heads I Win, Tails You Lose

In the previous post, I made the point that sleight-of-hand wizards working in bust-out joints are largely a thing of the past, and that the casino industry has found a much more efficient way to extract money: on a mass scale, offer lousy games that make it easy for degenerates to give their money to the casino. This solution is more lucrative, and requires no creativity, skill, or hard work. So it is the perfect solution for the casino industry. Continue reading How Casinos Cheat, Part II: Heads I Win, Tails You Lose

Posted on Leave a comment

My Adventure at the SLS — Part 1 of 2

The SLS Casino opened up at midnight on a Friday the week before Labor Day, 2014. Half a day later, Saturday afternoon, I visited to check it out. I wanted to see if there were any games worth playing.

In the High Limit room I ran into Scott McDermott. Scott had been some sort of slot department manager or shift boss at the Palms for perhaps 10 years. He knew me well. He had seen me hammer $5 Five Play or $25 single line games for hours and he knew I was “Bob Dancer.” I went up to him, shook his hand, and found out that he was in charge of slots at the SLS. Continue reading My Adventure at the SLS — Part 1 of 2

Posted on 1 Comment

Nevada’s Prop 3: A Bad Bet for Gamblers

This is a rare but timely guest-blogger contribution, penned by renowned Las Vegas attorney Robert Nersesian, the top counsel representing players who run into legal problems involving casinos including (famously and on many occasions) James Grosjean. (For more of this, check James’ own guest contribution to Arnold Snyder’s now-defunct Blackjack Forum publication.)

Continue reading Nevada’s Prop 3: A Bad Bet for Gamblers