Posted on Leave a comment

It Depends

I was helping Bonnie learn an advanced square dancing move called “Cast a Shadow.” (I know this is my hobby and not yours, but bear with me. We’ll get to video poker very shortly.) This is a move that starts out with two parallel lines composed of four dancers in each line.

Without describing the move in detail, I was asking her in which direction the dancers on the ends of the lines turned first. First she guessed “right,” (which I told her was wrong), and so then she guessed “left” (which I told her was also wrong.) This frustrated her. She (correctly) knew the only ways to turn were left and right and now I was telling her neither was correct. Continue reading It Depends

Posted on 37 Comments

The Best Gambling Movie of All Time–Not!

A friend recently forced me to watch the movie “Casino” for the first time. You may be shocked that a professional gambler wouldn’t have already seen “Casino” twenty times, but Hollywoodizations of what we do for a living aren’t always so appealing. Besides, we be werkin’ all the time! It turns out that “Casino” is not a gambling movie; it’s “Goodfellas” in a casino (with the same movie director, screen writer, and cast!). So, it didn’t come close to unseating our #1 gambling movie (guess what that is!), but “Casino” still contained some valuable lessons for the modern casino AP:

Continue reading The Best Gambling Movie of All Time–Not!

Posted on Leave a comment

Some More Fine Points of 8/5 Bonus Poker

In last week’s column, I addressed hands which contained both a Q of one suit and JT7, J97, or J87 of another suit — where the correct play depended on the fifth card in the hand. In today’s column, I will discuss some additional hands in that same game.

Consider a K of one suit and a JT7, J97, or a J87 of another. We know that KJ is considerably less valuable than QJ (because of the number of potential straights), so after last week’s exercise it shouldn’t surprise us that we usually prefer the J-high 3-card straight flush to the KJ. Continue reading Some More Fine Points of 8/5 Bonus Poker

Posted on Leave a comment

An Interesting Hand in Bonus Poker

A woman recently hired me to teach her the idiosyncrasies of 8/5 Bonus Poker. She knew 9/6 Jacks or Better cold and wanted to know how the games differed — down to the smallest degree. I quoted her two prices — the lesser one was if I could write an article or two about what I was teaching her; the more expensive one was if I couldn’t. Cheaper won out.

There are a lot of players who use 9/6 JoB strategy for 8/5 Bonus. This isn’t a terrible approach. It takes a 99.166% game and reduces it to 99.158%. If you play for dollars at 800 hands per hour (i.e. $4,000 coin-in), the difference between using 9/6 JoB strategy and perfect 8/5 Bonus strategy is 32¢ each and every hour. Some players argue that life is too short to worry about earning an extra 32¢ an hour in exchange for additional study. Continue reading An Interesting Hand in Bonus Poker

Posted on 22 Comments

The Club Calling the Spade Black

On a blackjack Website, I read a thread about a card counter doing a “great drunk act” (that’ll be another blog entry later). The post read:

The count goes up a bit, the drunk stops play with, “Can I change my bet?” The pit says sure. The drunk then takes the two greens he had bet and replaces them with two different greens from his stack. It totally cracked me up.

Then another card counter posted the reply: “Hilarious.” Continue reading The Club Calling the Spade Black

Posted on Leave a comment

One Ball Hits the Ground

Several years ago, I wrote an article which stated that successful video poker playing required a juggling act of sorts. Pretend that one ball is getting the right pay schedule; another ball is knowing how to play each hand; another ball is understanding the slot club and promotions in effect and not playing unless the combination is high enough; another ball is playing while rested and sober enough so that you’re at your best; etc. Continue reading One Ball Hits the Ground

Posted on Leave a comment

A Different Sort of Shopping Trip

Most of my articles have more to do with gambling than this one does. This one is primarily about an adventure that Bonnie and I had in which we accidentally ended up in a red light district–of sorts.

We were aboard the Norwegian Cruise Lines Epic sailing from Miami to the eastern Caribbean. After two days at sea, our first port of call was Philipsburg, Sint Maarten, the Dutch capital city of a small island which is 2/3 French (and considered part of Europe) and 1/3 Dutch (and is considered part of the Netherlands Antilles.) We decided we needed to go shopping. Continue reading A Different Sort of Shopping Trip

Posted on Leave a comment

Sharing a Bankroll

It’s been more than a year since Shirley and I parted ways, and this past April I began seeing a lady named Bonnie. That relationship is going very well and we plan to marry this coming May. Prior to our wedding, Bonnie and I have had to arrive at a financial understanding regarding my gambling profession. I’m certain that other couples have had to deal with similar situations.

In financial terms, both Bonnie and I are reasonably comfortable. Although her relatives like me well enough, it scares them to death that she could actually be sharing her estate with a professional gambler who might need her to bail him out from bankruptcy. Although I feel that I’m at the top of my craft and believe that there is essentially a zero chance of me ever losing all of my assets, her relatives don’t understand that. In their mind ‘gambler’ means ‘loser in the long run.’ Continue reading Sharing a Bankroll

Posted on 12 Comments

The Denominator—Where “Due” Happens

After a weekend of listening to football broadcasters, I need to detox. I still feel this zinger from a few weeks ago during the Sunday Night Football broadcast:  the commentator noted that Adam Vinatieri, the kicker for the Indianapolis Colts, had a career record of 18 of 36 when attempting field goals over 50 yards, and a season record of 2 of 4 at that distance.  No matter how you look at it, he said, it’s a 50-50 proposition.  Then Vinatieri kicked the field goal, upping his record on the season to 3 out of 5 from long range.  Then the commentator quipped, “So I bet he misses the next one.”

Continue reading The Denominator—Where “Due” Happens