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The Greats: A Look at Some of Gambling’s Best

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.

AC says:

Here’s an interesting list of “gambling’s best,” though not one on which I concur. I didn’t know these players, so I certainly can’t argue definitively against their skills, but I’ve also never been persuaded to believe in dice control. At least not to the extent that it can be a consistent winning strategy. With that position stated, I’ll say that I like reading about some of the colorful characters of the past. That Maxim blackjack game did indeed deal through the entire deck, and Paul Keen (I believe that’s the correct spelling), would certainly talk to you for as long as you had time to engage during a visit to the awesome Gambler’s Book Club. We all have our opinions. We all have our lists. They’re just made up of different names.

This article was written by Frank Scoblete in association with 888Casino.

The Greats: A Look at Some of Gambling’s Best

People have a tendency to catalog other people, places, and things as greats or not-so greats. This must be a part of our emotional constitution to define everything and everyone. 

Fighting? Muhammad Ali versus Joe Louis? Who would win? Ali versus Marciano? Ali versus any name you want to put here. Ali versus Tyson; the young Tyson? Sometimes these debates can turn, well, brutal. I rarely take part in them. But I am certainly aware of them.

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If you can’t beat ’em, become ’em

Having failed to either buy out or litigate the Dotty’s chain of slot parlors from the face of the earth, Station Casinos is going into the tavern business itself. This week it rolled out a new brand, Seventy Six. It’s considerably more upscale than Dotty’s and we’ll get to that in a minute. The first location is slated to be a the junction of Centennial and Lamb boulevards, at the very northern fringe of North Las Vegas, opening this fall. It’s just empty scrub at present, so Seventy Six will be by definition an upgrade. Two additional locations are planned for next year, including one just across the street from the former Aliante Station (a notorious white elephant). Station execs seem obsessed with that area, hence the Boyd Gaming grudge match that is coming.

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A Creature of Habit, until It Changes

Bobby Vegas: Friends Don’t Let Friends Play Triple-Zero Roulette

I had a buddy, Downtown Victor Brown, who once said to me, “If it works, wear it out.”

That’s me, a creature of habit. When I like something, I do it again and again. Generally, this is a good thing.

I’ve been in business since 1986, was married 30 years, traveled to Brazil 12 times, Berlin five, Vegas 60.

I find my tribe and keep dancing until the music stops. Or in Vegas parlance, until “your action isn’t welcome here anymore.” Not that I’m a high enough player to be 86’d or read the trespass act, which in my opinion is a good thing. I don’t want that level of attention. What happens is after a year or two, the offers stop coming. “You’re not playing long enough” means I’m not losing enough. Fine by me. I move on to the next casino.

I’m seeing my time at the Downtown Grand possibly coming to a close in the near future. They’ve stripped out the good video poker games and now the whole joint is up for sale. It’s been a great ride. But there are plenty of other casinos and offers. Let’s look at a few.

Circa is offering me their standard two-day deal for two nights, including $100 in food credits, $100 in drink credits, and Stadium Swim access. Problem is, the place is so loud even with earplugs (I wear them in all casinos), it kicks in my tinnitus, so no thanks. Also, there’s no good VP. And I’m still irked that after spending $10K at the Super Bowl Stadium Swim party for 15, my offers haven’t reflected that. I’m still working on that.

Then there’s the Plaza. Old school meets new school. I really love everything that CEO Jonathan Jossel is doing there. The Plaza just keeps getting better and better. They have plenty full-play (or close) video poker, plus 10X craps, single-zero roulette, matchplays. The food scene is always improving; try to order just one or two donuts at PinkBox—not happening. And fireworks in the summer. Life Is Beautiful will be there in September as well. EDM festivals aren’t my gig, but it’s still “lit” for the Plaza.

The offer they just sent is really nice. For $120 a day, you get room, unlimited drinks, two meals at Plaza restaurants, and no resort or parking fee. Throw in LVA matchplays and the new-sign-up gambling coupons and, well, I’m liking the Plaza more and more.

Now, I generally don’t need the two meals a day, as I roam a lot and of course their goal is to keep you on the property. But it’s still a strong perk.

And you can’t beat the location. At one end of Fremont, I can walk over to Four Queens or the California for some good VP. Or maybe a free glass of Champagne at Circa’s 60th floor rooftop Legacy Club using my LVA coupon. Great view!

BTW, Rainbow Casino and Emerald Island are giving away four sets of tickets to the Eagles at Sphere this month.

I’ll keep exploring for gold. There’s plenty out there.

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Wynn takes expansionist approach

Bullish on its international prospects, Wynn Resorts revealed yesterday that, for $200 million, it has bought another 155 acres on Al-Marjan Island in the United Arab Emirates, site of an in-progress casino megaresort. Wynn CEO Craig Billings called it “a sizable land bank for potential future development opportunities for Wynn Resorts or for selected third parties complementary to Wynn Al Marjan.” Billings is keeping his powder dry as to what the company will do with the additional acreage but needn’t be in any hurry either. He added, “the UAE is the most exciting new market for our industry in decades and are confident in the demand and EBITDA potential of Wynn Al Marjan as it continues to grow.” Since casinos in Macao are so 2003, Billings isn’t slighting that mega-market with his “in decades” comment. Besides, you’ll never get that much land, nor nowhere near so cheaply, in Sin City.

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More About Slots

Bob Dancer

When I write about slots, it appears that I frustrate some of my readers. A typical response I get lists several demands. Following is one of those responses simplified:

  1. Where exactly did your “adventure” happen? I’m not interested in telling you that. The games I write about are found in many casinos. Slot club promotions are not irrelevant, but they are not as important as they are in video poker. In video poker, most of the games return less than 100% and you need the slot club benefits to make the game playable. The slot machines I play are typically in the 105% – 120% range, so getting double points for an extra 0.05% doesn’t mean too much.
  2. There are several hundreds of different slot machine titles around. Exactly what game are you talking about?

    I’m not interested in telling you that either. If I told you the game, some readers would want to know all the ins and outs of playing that game profitably — such as when to get on and when to get off, and how does that vary by denomination and, occasionally, slot club details. However much I share, there will always be players wanting more information.

  3. How can a slot machine pay 120%? We’ve always heard that slot machines return less than video poker, and no video poker game (other than a very occasional super-high progressive or a huge casino mistake) pays anywhere near that much. This I can talk about, and is indeed the subject of today’s blog.
  4. Where can I get more information about advantage slots? Michael Shackleford wrote a decent introductory section on advantage slots in the recent update to Gambling 102. There are several places on X, formerly Twitter, and YouTube.com where this is discussed. Look and you will find what you want to know, but I’m not going to give you an easy-to-follow roadmap. There are already many, many slot professionals out there. If you do decide to go this route, know that there will be lots of competition for the best games. 

In the past I’ve written about the hypothetical “Red Bob” slot machine and how it is played. Today I’m going to write about the equally hypothetical “Green Bob” machine — which is played differently than the “Red Bob” machine. Neither machine is an exact clone of a real machine, but slot players will recognize similarities between these games and games that do exist.

Assume the following about Green Bob: The game has three meters, Mini, Minor, and Major. Randomly the meters grow. Randomly the meters “go off,” and when that happens, the player gets as many free spins as are on the meter that just went off.

Assume further that the reset value of each meter is 6 (meaning if you hit the Mini meter immediately after just hitting the Mini meter, the second time you hit it, you would get six spins.)

If you don’t count the meters going off, the game returns 60%. You get some pays from three or more identical symbols in a row. The game gives occasional wild cards, both in and out of the bonus rounds, which help. If the meters don’t go off for a long while, you will be losing at a pretty rapid pace.

Based on how often each meter increases and how much each bonus spin is worth when the meter goes off, assume you’ve calculated the meters this way:

Each increment over 6 for the Mini meter adds 1% to the return on the game. The Mini bonus round is played on a 5×3 matrix with 243 ways to win. (All pay lines go left to right on this game. There are some games where pay lines go both ways, but this is not one of them.)

Each increment above 6 for the Minor meter adds 2% to the return on the game. The Minor bonus round is played on a 5×4 matrix with 1024 ways to win.

Each increment in excess of 6 for the Major meter adds 3% to the return on the game. The Major bonus round is played on a 5×5 matrix with 3125 ways to win.

With modern slot machines, it is very common for differently sized displays to happen at different points in the game.

Let’s assume that you see a machine with all three meters at 15. It’s being played, but the player is down to only a few credits. If that player leaves, you want to sit down and play that game. If the player pulls out another $100 bill and inserts it, you can read body language to get an idea whether or not to wait.

That is, you can sometimes tell if that’s the last $100 bill the player has just by the way he pulls it out. If it’s a $1 per spin game, $100 is going to last for a while. If it’s a $30 per spin game, $100 probably won’t last very long at all. Of course, if it’s a $30 per spin game and you don’t have several thousand dollars of cash on you, you run a very good chance of running out of money before one or more of the meters goes off.

Since the Mini meter is 9 units above the reset value of 6, it adds 9% to the 60% base level of the game. The Minor meter is also 9 units above reset, so it adds 18% to the 60% base level of the game. The Major meter too is 9 units above the 60% base level of the game, adding 27% to the value of the game. Adding these numbers together, you’ll get 60% + 9% + 18% + 27% = 114%. This is definitely worth playing — if you can be the player who gets the machine when the current player leaves. This is not a time for sauntering. If that player stands up, move in immediately.

If you get on the machine and the Mini meter goes off first (and the other two meters haven’t risen), the game will still be at 105% and well worth playing. If the Minor hits, the play is over. If the Minor hits, the play is “only” 96% (assuming the other two meters haven’t risen), but the typical case will be that one or both of the other two meters will have risen and so the most likely scenario when you sit down is you’ll play until either the Major goes or both the Mini and the Minor go off.

So far, we’re assuming a lot of information. Next week, I’ll discuss how to figure out the numbers we assumed this week.

Over time, the game will return 88% or whatever it’s set at. Sometimes it’s at 60% and sometimes it’s at 120% or higher. Perhaps you can understand now how if you get on and off at the right times, this game that returns 88% overall can be well worth playing.

This is a case of looking forward, not looking backwards. When the Major goes off, you’ll probably collect a W-2G. This is NOT a time to keep playing because you’re running hot. When the Major is only 6, it’s not a play. Similarly, if you’ve already lost $3,000 on the play, assuming you have the bankroll, so long as the numbers are high enough, keep going!

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DraftKings stiffs you; Caesars unloads WSOP

Like the whiny bitches that they are, DraftKings is taking out its ire at a recent tax increase in Illinois … on the customers. Yup, CEO Jason Robins has found a new way to chisel honest players: surcharges for the privilege of placing a bet with his company. This is vile on the face of it. It’s also DraftKings’ characteristic response to a tax hike that initially had them threatening to leave the Land of Lincoln altogether. We never believed they would. We even double-dared them to do it. No, Robins has found a way to have his cake and eat it too, at bettors’ expense.

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Ready for Action: Avoiding the Blackjack Fatigue Factor

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.

AC says:

When someone asks what determines how long I play or when I decide to stop, they’re usually expecting a hard-stop time limit or, more likely, a stop-loss or take-profits point. My answer is, I play as long as I have an edge in the game or until I get tired and am no longer playing optimally. This article addresses the latter. Author John Grochowski addresses my point, but also brings up another important consideration: the heightened chance that you’ll make bad decisions with regard to chasing losses, described as “going on tilt.” The advice is valid: Don’t play when tired. Follow it. And be sure to take note of the lesson within the lesson in the article. That is, a bad player at the table doesn’t affect your expected result over time. Bad plays by other players will help you as often as they hurt.

This article was written by John Grochowski in association with 888Casino.

Ready for Action: Avoiding the Blackjack Fatigue Factor

Players know the feeling, regardless of whether they’re playing online blackjack or in live casinos. From the first hand, they’re engaged, interested, thinking strategy on every card. It’s a fun game, especially, when winning streaks are coming often enough to keep bankrolls full.

But when players start to make mistakes, it’s time to watch out. The “Fatigue Factor” can undermine even the best players.

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Las Vegas was hot in June

We’re not referring to the weather (although that too). Las Vegas Strip casinos were up 4% in June and 23% hotter than they were in the early summer of 2019. They grossed $758.5 million, fueled in part by tight baccarat hold (wagering was 4% down, though). Casinos played luckily at table games, winning 19% more than last year (for $335 million) on 10% higher betting. Their luck ran out at the slots, down 3% to $382 million despite 42% greater coin-in. A 2% uptick in visitation helped drive the numbers as well.

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Scotch 80 Prime Happy Hour (Palms)

Scotch 80 Prime is high-end steakhouse at the Palms (formerly N9NE). The food is big and so are the prices. So a happy hour with several of its best dishes—appetizers and entrées—for 50%-off sounds ridiculous. An 8-ounce ribeye cap for $31? Yes, it’s good, but you need to know a few things going in.

Best HH in Vegas?

There are two happy hours Mon.-Thurs. from 5 to 6:30 pm and 8:30 to 10 pm. The number of HH items is amazing: oysters (6/$12.50), jumbo shrimp cocktail ($13.50), soups and salads ($8.50-$9), ribeye cap ($31), 8-ounce filet (32.50), New Zealand king salmon ($26), Chilean sea bass ($27), sides ($6-$7.50). Crazy. Beer is $5, wine $12, and cocktails $12. We went with appetizers: steak tartare, wedge salad, Caesar salad, brie fondue, grilled asparagus, and the snow beef burger. That’s a lot of food for a tab of $79 before tax. It sounds good, right? Heck, yeah. This HH was immediately anointed one of the best in Vegas. But we ran into some problems.

No Oysters

Our first choice was a couple orders of oysters on the half shell. At $12.50 for 6, that’s a pretty wallet-friendly $2.08-per in a fancy joint like this. Nope.

“Sorry, we’re out of oysters.”

“Really? Is that normal?”

“Yes. Everyone orders them. We run out every day.”

OK, we were at the late happy hour, so lesson learned, go to the early one.

No Sharing Entrees

Our food was delivered. That is, all except for the Scotch 80 Burger. This thing is $50 retail, so we had to try it for $25, but it never came. When we finished, we requested the check and asked the waiter to make sure we weren’t charged for the no-show item. “But it’s ready now” he said. We’d been there for 45 minutes and were ready to leave, but shrugged and told him to bring it with a couple of extra plates so we could split it between the three of us, since no one was in the mood to eat a big burger at that point. He did. We ate it. He brought the check. The price hawk in our party looked it over and saw that we’d been charged the full $50 for the late-arriving burger. When we brought it up to the waiter, he pointed out a clause on the menu indicating that entrées would not be given the discount if shared. Given the circumstances, we eventually got the discount, but that rule is brutal. What constitutes “sharing”? A bite? Several bites? Be aware of this one and make sure that if you order an entrée you can eat it all yourself.

The Verdict

So you need to come early for oysters and understand the sharing rule. Aside from that, this HH is a bargain on the high end, and we didn’t even do the big bangers on the menu. The restaurant is beautiful and, as pointed out, there are lots of discounted options. Of the items we sampled the winners were the fondue and the Caesar salad. We were disappointed in the tartare and that burger was too fancy for us (squid ink on the bun isn’t really our thing). We’re gonna try it again, going early for the oysters and one of those steaks.