Tag: Bob Dancer

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Do Tariffs Affect Winning in the Casino?

Bob Dancer

I rarely write about politics. After all, whatever my political views are, it’s a safe bet that many of you have opposite views. Since part of my business model is to have some of you buy my beat-the-casinos literature, the fewer people I can alienate, the better for me.

Even though tariffs are about as political as it can get these days, what I have to say isn’t particularly political. My subject matter deals with how players take advantage of this situation.

Tariffs, basically, are a tax on imports — intended to protect the home country at the expense of foreign countries. My personal prejudice is that free trade, meaning no tariffs at all, is the better plan, but that’s neither here nor there. It is not my goal to try to convince you that my belief is best.

Consumers and business can adapt to relatively small tariffs if they’re predictable. The problem is uncertainty. If tariffs are announced, and then delayed, and then reinstated at a different rate, and then exceptions are announced, and then the courts make rulings changing the legality of tariffs — and then sometimes overturn those rulings — we have a whole lot of uncertainty. It’s hard for a small business to decide what to order for the Christmas season if that business can’t know what the prices are going to be. 

Casinos, especially the large ones with hotels, have to buy thousands of items of all sorts to supply their needs. Some of those items have been hit with tariffs, which increases their costs the same as any other business.

This is compounded with a shrinking player base. Their customers (including you and me) are facing higher costs due to the tariffs. Many of their bigger customers are small business owners, who are facing an uncertain financial environment. While there are some players who are going to continue to gamble come Hell or high water, many gamblers are cutting back for a while.

Casinos typically react to rising costs and a shrinking player base in one of two completely opposite ways. The first of these is bad for the players and should be avoided, and the second is good for the players and I, for one, am playing more at such casinos.

The first way — bad for the players — is for the casino to tighten everything. Good pay tables are eliminated, mailers cut, and promotions are reduced. The casino is attempting to ride out this economic situation by reducing costs. There are several such casinos in Las Vegas, and I’m reducing or eliminating my play at them.

The second way that casinos deal with this economic situation is to bribe players to come in and play. They do this by having better promotions than they usually do. They reason that they will benefit from extra play as many players are fleeing from the other casinos that are tightening up. There are a few casinos that are doing this. When I find them, I patronize them and attempt to take advantage of their promotions.

This requires more scouting than usual, but for me, so far, once I figured out what to look for, it has been a successful approach. At this point, I’m not identifying the casinos I’m playing at less and the ones I’m playing at more. Maybe later. But once your eyes have been opened to what to look for, it’s not that hard to figure out which casinos have which approach to dealing with this economic situation.

Note: Let’s keep the comments, if any, on ways to beat the casino and away from politics. Whether you are in favor or opposed to Trump and his policies, or believe the courts are helping or hurting the situation, if you post such opinions in this thread, I will delete your post. Whatever your political views, there are other forums where your comments on that are welcome. My blog is not such a forum. Additional note: Since I prepared this blog and before its release date, Congress passed a law greatly penalizing gamblers tax-wise. So greatly that I, for one, am strongly considering giving up gambling at the end of 2025. At the age of 78, I’ll have to figure out what I want to do when I grow up. Richard Munchkin and I are attempting to get our tax guru, Russell Fox, to do a special episode of Gambling with an Edge. Assuming Russell Fox comes on the show, after talking to him I may find a way to continue my profession. We’ll see. As in the previous note, if you comment on this, keep it away from political diatribes. Keep it on the theme of succeeding at gambling.

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A Couple of Advantage Plays

Bob Dancer

Not so long ago, Huntington Press published Michael Kaplan’s Advantage Players, and I was given a review copy so Richard Munchkin and I could interview Kaplan on one of our irregularly scheduled episodes of Gambling With an Edge.   

I took the book along to an out-of-town casino promotion to read during the plane rides and some other downtime. After reading about how many different gamblers and others use their wits to increase the odds in their favor, I came up with my own — on the spot.

We were on the right side of variance this weekend and were leaving our hotel room at 6:30 in the morning in order to catch a shuttle to the airport. I had just under six figures of cash and unredeemed slot tickets packed away. 

As it turned out, there was a body building competition in the same hotel that weekend, and approaching Bonnie and me were two huge guys — both well over six feet tall — possibly 280 pounds of ripped muscles stretching their form-fitting T shirts. I don’t know why, but these guys didn’t look happy.

I’m 78 years old, pushing a walker, with my right hand in a splint (actually a “spica”) due to recent thumb surgery. Bonnie is older than me by a few years, and time has bent her posture some. It was like we were wearing signs saying “Easy Targets,” or maybe “Easy Pickin’s,” and I was carrying way more money than I wished to part with.

I gave a grim smile at the guys and said, “Good morning. I hope the casino is nicer to you than it was to us.” The guys laughed and let us pass easily — apparently sizing us up as two losers who were down on our luck. Not worth messing with. Which was definitely some more positive variance from my point of view.

Were we ever in danger from these guys? Probably not. (Obviously, to me at least, I was giving up everything if they demanded. We had no relevant defense, and resisting could get us hurt – or worse.) Logically speaking, these guys had spent multiple years and thousands of hours of hard work to create their “perfect” bodies, and beating up old folks would be stupidly putting that at risk. But I couldn’t know that for sure until it was too late, and something was irritating them. So, I acted preemptively. And it worked.

Most AP plays work only some of the time. Most of them shift the odds a bit – say from 49-51 against you to 51-49 in your favor. Still, plenty of room to miss any particular time, but if you constantly work with such an edge, you very likely will prosper. (If you don’t go broke first. There are definitely bankroll issues here that we’re avoiding talking about at the moment.)

One of the parts of the book that reminded me of my own past was in a section about Phil Ivey — who is certainly in the conversation for being the greatest poker player of all time. Phil grew up in a lower-middle class neighborhood, and experienced going broke more than once when he had to sleep outside under bridges because he couldn’t afford anything better.

Paraphrasing, Ivey maintains he learned to play with an advantage because he had to win. He had no safe landing spot. In a sense it’s like being a cornered dog — hyper-alert and ready to pounce on any opportunity. While he is quite well-off financially these days, he remembers when that wasn’t true. While he doesn’t need that extra edge today for survival, he has those skills to fall back on — which takes him to the next level.

For me, it was similar, but not identical. My family wasn’t rich, but I did get help going through college (the undergraduate years, anyway), and so I had solid educational degrees and some job skills when I went broke playing backgammon in 1980. Had I not succeeded at the time, there was some family money I could access, probably. There would have been recriminations and a whole lot of being forced to eat humble pie — which I really wanted to avoid if I could, but that strikes me as a lot less onerous than being forced to live outside under bridges.

For me, it was the fear of going broke that drove me — not the actuality of being broke. I got very nervous when I didn’t have sufficient dollars in the bank, “in case.” I knew the machines gave and they took away and I didn’t have the knowledge or tools to properly calculate bankroll. I usually could figure out if I had the advantage, but I never knew if that advantage was enough.

So, when I moved to Vegas in 1993, I was obtaining and consuming $10-for-$5, $7-for-$5, and even $3-for-$2 table game coupons by the hundreds each month. They were a lot more plentiful back then and $200-$300 per month came from those. I would drive ten miles to pick up $10 in free play and thirty miles across town to pick up $25. I specialized in finding ways to double up on promotions — sometimes day of the week, sometimes time of day, sometimes two or more drawings, miles apart, in the same night. Sometimes partnering up with others — you pick up my free play at here and here and I’ll pick up yours at there and there.

One casino (the Sahara) had a “slot club” where if you bought so many red racks of dollar tokens you would get a free meal. So, I’d buy them from one change booth and sell them at another. (One poster a few weeks ago said he did a similar thing at about the same time with quarters at the Gold Coast. He said it struck him as a “Dancer” thing to do. He was right, although the Gold Coast wasn’t on my radar at the time. But the Sahara was.)

I specialized in examining the rules of most promotions. Often there were loopholes — sometimes pertaining to starting and ending times — where the alert player could gain an edge. Since I had at least some computer programming background, I was able to understand do-this-and-then-do-that versus do-this-only-if-that versus do-this-only-if-two-other-things-happen-first. Understanding that sort of logic was often very effective against marketing departments who would put out a new promotion this month while only tweaking slightly the rules from last month. It was a lot of work on my part, but I was scared of going broke, so I did it.

Gambling is applied math, and the design of promotions requires being good in left brain thinking. Many casinos, fewer than before, like to hire right brain “people people” to work in their marketing departments. For me, this has always been exploitable.

Today the fear of going broke doesn’t drive my actions, but I still read rules and look for loopholes. Age has diminished some of my smarts and skills (and I never was in Phil Ivey’s league smarts-wise), but the skills I learned years ago still seem to be working.

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Sunday Morning Coming Down

Bob Dancer

It will be easy to criticize my presumptuousness in this blog because I’m going to compare myself, in a way, to Kris Kristofferson, an actor/singer/songwriter we lost last year. Kristofferson won numerous Country Music Association awards and Grammys, along with a Golden Globe award and an Academy Award nomination. He also received several other “minor” awards that far outshone anything I’ve received. While I’ve had a relatively successful career, Kristofferson’s has dwarfed mine. Plus, most women found him gorgeous, and I haven’t been cursed with that affliction.

With that said, I recently came across on YouTube a four-part series on Kristofferson, hosted by Steve Earle in 2008, and found many similarities between Kris’s life and mine. So, forgive my presumptuousness if you can and hear me out.

Kris wrote hundreds of songs, but four of his biggest hits were recorded in a few months in the early 70s — “Sunday Morning Coming Down,” recorded by Johnny Cash, “For the Good Times,” recorded by Ray Price, “Me and Bobby McGee,” first recorded by Roger Miller but Janis Joplin posthumously made it a huge success, and “Help Me Make it Through the Night,” originally released by Sammi Smith and later by more than 400 other artists. While Kris lived more than a half-century more, having success in a variety of ways, that brief early-70s period gave him enough continued royalties that he didn’t have to work any longer if he didn’t want to.

For me, my most successful moment was a six-month period in 2000-2001 when I was able to net more than $1 million. I chronicled this run in my “Million Dollar Video Poker” autobiography. While the money was enough for me to retire, if I wanted, it gave my career the boost of credibility. I was essentially the same player before and after the million-dollar experience, but many players took winning that much as a sign I was very knowledgeable. And they bought my products.

While Kris’s run was a lot more lucrative than mine, probably the biggest difference between the runs was the percentage of luck versus the percentage of skill. While both of us had a healthy dose of both skill and luck, luck is a much bigger factor in gambling success than it is in writing four critically acclaimed and commercially successful songs back-to-back-to-back-to-back.
During and after Kris’s success in the 70s, drinking, drugs, and womanizing cost him his marriage to Rita Coolidge. My closest parallel to that also happened in the 70s — which was well before I moved to Vegas and experienced gambling success. While I was never a heavy drinker, and dabbling with marijuana was never a major hobby, there was a period of almost ten years when I couldn’t be trusted to be a faithful boyfriend/husband. I probably would have been a worse philanderer had it been easier. I never had groupies. I was okay looking, but women didn’t fall over themselves vying for my attentions. I’ve heard it said that a man is only as faithful as his opportunities. While there is some truth to that, strength of character can overcome these opportunities. For about a decade, I didn’t have that strength.

Kris seemed to overcome many of his demons with a religious conversion and an eye-opening movie role. In the 1976 version of “A Star is Born,” Kristofferson played opposite Barbra Streisand as an alcoholic self-destructive rock and roll star and songwriter. Over the course of the movie, Kristofferson gets more and more destructive and eventually kills himself while driving a car recklessly. Kris must have seen the movie as semi-autobiographical and become aware that if he didn’t change his ways, he too would likely face an early demise. At about the same time, Kris converted to Christianity and wrote the song “Why me?” (Sometimes called “Why Me, Lord?” when sung by other artists.) This song was his only number one record as a solo artist.

For me, I never starred in a movie, nor did I have a religious experience to straighten me out. I took the Erhard Seminars Training (EST) in 1980 — with positive results. The training is loosely based on Zen principles. It has generated substantial criticism, but for me it was the single-most important event on my journey towards being a responsible human being. I have had no contact with the organization for more than 40 years, which has morphed a few times but still exists, but it remains an important part of who I am.

When Kristofferson’s musical career was floundering in the mid-1980s, he teamed up with Willie Nelson, Waylon Jennings, and Johnny Cash and formed “The Highwayman.” These four artists, called outlaws by some, were as big as you get in country music. At the time, being less aware of Kristofferson’s achievements than I am now, I was surprised when he was included in the group, rather than, perhaps, Merle Haggard. While the group sang hits from each of them, about 40% of those songs were written by Kris. That’s why he was in the group. 

For me, my late-in-life partnership was the “Gambling with an Edge” podcast, especially when my co-host was Richard Munchkin. Prior to that show, I’d been a magnet for Internet criticism. People who did not know me regularly posted negative things, often untrue, about me. When the show became a hit because of the people we interviewed, much of that criticism stopped. For that, I am grateful.

Finally, both Kris and I eventually got marriage right. His third wife, Lisa, bore him five children and stuck by him 40 years until his death in 2024. By all accounts, they were happy. For me, I’ve had more than three wives. Bonnie came to me late in life. We recently celebrated our 11th anniversary — and both of us expect it to last for the duration.

So many of the good-and-bad events of my life parallel those of Kris — and I find that I personally respond to his lyrics. Maybe you can’t relate to “Well I woke up Sunday morning with no way to hold my head that didn’t hurt,” but I can. My favorite Kristofferson song, “Jody and the Kid,” was never a commercial success. But look it up on YouTube. You’ll be glad you did.

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Should I Say Anything?

Bob Dancer

The details of today’s incident caused me to wonder whether I should say anything to casino management. If they chose to “fix” the inconsistency it could either go in a way that would slightly benefit or slightly hurt other players. I’ve kept quiet, but I am writing about it. Maybe one or more of you will speak up about it. I’m sure this happens in more places than I know about.

The One Club is the slot club system used by Circa, Golden Gate, and The D, in downtown Las Vegas — all of which are casinos owned by Derek Stevens.  Among other benefits, Bonnie and I each receive $100 in food and beverage twice a month from the One Club. We redeem these comps at 8 East and Saginaw’s Delicatessen inside Circa and Joe Vicari’s Andiamo’s Steakhouse  inside The D. There are other eligible food outlets and numerous bars, but these are the places we frequent.

The idiosyncrasy that prompted this blog post is that the two restaurants at Circa include sales tax of 8.5% or so against our comp balance when we eat there and the one at the D doesn’t. So, we get $100 retail worth of food at The D and only about $92 worth at Circa. And both casinos belong to the same organization.

In many casino restaurants, sales tax disappears when you use a comp or pay with points. Things can vary when the restaurants are not owned by the casino but just rent the space. Some of these don’t accept comps at all, but others, like Ruth’s Chris Steakhouses in various Harrah’s casinos, charge extra if you are using comps.

There are other Joe Vicari restaurants around the country, so I’m guessing Andiamo’s isn’t actually owned by The D. And that’s the place that waives sales tax for compees. I can find no other Saginaw’s Delicatessens or 8 East restaurants on Google, so I’m guessing these are owned by Circa. 

I’ve not met Derek Stevens, the owner of the other casinos involved here, but he has the reputation of being approachable. I believe I could find a way to ask him about his sales tax on comps policy if I tried hard enough. 

But what would happen if I did? One possibility is that he would remove this internal inconsistency by starting to charge sales tax on comped dinners at Andiamo’s — which is a solution that players certainly don’t want.

So, I’ll let things be and remain curious about why things are the way they are. There are a whole lot of situations where I don’t understand things, but I don’t have a mission in life to get to the bottom of everything.

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I Don’t Have Enough Time to Eat!

Bob Dancer

On Wednesday April 30, I ate the breakfast buffet at South Point. I had a $15 coupon which expired that day, so it was ‘use it or lose it.’ The breakfast buffet costs $15.95 if you have a player card, so the meal basically cost a dollar, plus a two-dollar tip. The meal was easily worth more than that.

The April promotion at the South Point was, on Mondays, Wednesdays, and Fridays, play $3,000 coin-in on video poker and spin the wheel. Most of my wheel spins were for $50, $75, or $100 free play — which is an excellent return for a $3,000 investment on an even game. You could get some food offers, which expired May 4 or so, but I didn’t receive any of those. I was planning on playing $3,000+ on both my card and Bonnie’s after breakfast.

On my way towards the exit of the buffet, I noticed two men I’ve been friendly with for 20 years or so, “Al” and “Bo.” They were in the middle of their meal and, after receiving indications that I’d be welcome to join them for a bit, I pulled out a chair and sat down. We chatted for a while about this and that, as old men are wont to do, and then Al told me he wasn’t sure he was going to play the promotion that day.

“Why,” I asked. “It’s a nice promo plus you’re already here. Unless you are on a really tight schedule, it makes sense to play.”

Al told me that he already had two remaining breakfast or lunch coupons from this drawing, and they are only good Monday through Friday. If he got another one, he wouldn’t have the chance to use it.

Among the three of us, about 75% of the prizes had been for cash, averaging about $75.

I asked him if he’d play if he knew he’d get $50?

“Of course.”

Well, if 75% of the time you’re getting $75, that’s worth more than $50 in EV. He was used to such calculations, but not when there was food involved. He conceded that he couldn’t fault my logic.

“Plus,” I added, “if you do get another two buffets, you can use more than two in a day. You could invite Bonnie and me on Friday, and I’ll leave the tip! That’s got to be worth something to you, isn’t it?”

I left soon thereafter. I didn’t hear about his score that day, nor what he got with the wheel spin. I do know that Bonnie and I ate breakfast at home that Friday.

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A Closer Look at the NSU Puzzler

Bob Dancer

Last week my blog consisted of five mini-blogs. Each of these was about something I wanted to say but none was worth an entire column.

The last of these, changing notation slightly, was that you were playing NSU Deuces Wild and were dealt W45K as your first four cards, where the W represents a deuce and bold italics represent the cards that are suited with each other. Last week I called them all spades. It doesn’t really matter, but I’ll keep that true this week because it will simplify the answer. The question was: Of the possible 48 cards remaining in the deck, how many of them make the proper hold for the hand be exactly W45?

After I prepared that blog, but before it was published, I asked the same question to a couple of player-friends. They each had several answers/guesses and didn’t get the correct answer until I suggested they look it up on computer software. Before going on, I’ll be talking about relatively advanced concepts today. If you’re a beginning player, trying to learn advanced concepts before you have mastered the basics can mess up your learning process. You’ve been warned!

First let me give you how to play each of the 48 possible hands, and then I’ll tell you why. The dollar figures on each line tell you how much of an error it would be if you played W45 and you were playing for dollars, five coins at a time.

9 cards — any spade gives you a five-card flush. $10.31

3 cards — any deuce makes the correct play WW45. $15.65

9 cards — any 4, 5, or K gives you 3-of-a-kind. $4.78

15 cards — any non-spade A, 3, 6, 7, or 8 gives you a hand where the solitary deuce is the correct hold because these cards provide a straight penalty and the original K penalty . Between 9 cents and 20 cents, depending on which card we’re talking about

9 cards — any non-spade 9, J, or Q also gives you a correct hold of the deuce by itself because of “Power of the Pack” reasons and the possibility of a wild royal flush. Between 0.6 cents and 1.5 cents, depending on which card we’re talking about.

3 cards — any non-spade T makes the correct hold W45. Better than the solitary deuce by 0.9 cents. So, the correct answer was 3 out of 48 cards.

Now let’s talk about it. For the first three categories: the flush, 3-of-a-kind, and WW45, I’m not going to discuss any further. They should be obvious to all readers of a video poker column.

The next category, any A, 3, 6, 7, or 8 which are all straight penalties to W45, plus the king of spades which is a flush penalty. In Level 4 strategy on both the Dancer Daily strategy card and the Winner’s Guide, it says hold the deuce itself when there is both a flush and straight penalty. 

The next category, any 9, J, or Q, has Power of the Pack considerations. In the Winner’s Guides, we used the term “Pack” to indicate the remaining cards after the first five have been dealt. Here I’m slightly modifying that to indicate the remaining cards after the first four have been dealt.

When you are considering one or more deuces by themselves, the more cards that are already dealt at the extremes of the A3456789TJQKA continuum, the more likely you are to end up with a straight or straight flush with the cards remaining in the pack.

The king itself is the critical card here. For this rule to apply the cards must specifically be KQ, KJ, or K9, with one of them suited with the W45.

The reason why W45K T has a different play than W45K 9 is that the T interferes with wild royal flushes when you hold the deuce by itself. Out of the 178,365 possible draws from that deuce, 192 of them form a wild royal when you are dealt a T and throw it away compared to 236 of them form a wild royal when you are dealt a 9 and throw it away.

As we already mentioned, the flush and straight penalty cards lead to an error of between 9 cents and 20 cents. For some players, that is too small to worry about. I understand. For recreational players, going through the trouble to learn, memorize, and recall this penalty card situation is more trouble than it’s worth. Especially since it’s a relatively rare hand. Still, to me this a MAJOR ERROR, far larger than I’m willing to voluntarily put up with.

The Power of the Pack considerations at the end are all worth less than two cents. Which is why these corrections were listed in the appendix to the Winner’s Guide while the rule including flush and straight penalties was listed in our Level 4 Advanced strategy. 

Even though it’s not always worth a whole lot, I have all of these rules memorized and apply them whenever they arise. Part of this is because I play for larger stakes than $1, five coins at a time. Part of it is because, in spring 2025, coin-in on this game is probably more than 50% of all my gambling activity. And part of it is just my outlook on gambling — if I’m going to do it, I look for every legal edge I can get.

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An Interesting Slot Club Plus Other Thoughts

Bob Dancer

I received a strange email from a reader. I’m not 100% positive what I’m telling him is correct, but it’s what makes sense to me. Here it is:

I play slots and get weekly free play from MGM Grand and related properties in Las Vegas. If I redeem the free play at the MGM itself, it’s $100. If I redeem it at Park MGM, Aria, or any other MGM property on the west side of Las Vegas Boulevard, it’s $125. What gives?

The most likely explanation for this, in my opinion, is that the MGM Grand itself has looser slots than the other MGM properties. Assuming you’re going to play $20,000 or so through the machine when you come in (in order to keep getting the mailer), they’d rather you do it at the casinos with the tighter slots — so they reward you for doing so.

If you know about beating slots, shade your strike numbers depending on which side of the street you’re playing on. That is, if there was a game where you normally look for the minor being at least 17 before you play, use that number at the MGM Grand and 18 or 19 across the street.

Depending on how much you value your time, it’s probably best if you cash your free play on the west side of the Strip and do the vast majority of your playing at the MGM Grand itself. Even though the properties are right across the street from each other, the casinos are so large it can be a 10- or 15-minute walk to get from one to the other.

So Long to an Old Friend

At the South Point, I’ve played 9/6 Jacks or Better on the Five Play Multi Strike machines for years. Denominated in quarters, it was a 100-coin game, so it took $25 to fully load. It was a 99.8% game. In early April they downgraded these machines to 9/5 Jacks or Better, which makes them too tight to be interesting to me.

Even when they had the good pay schedules, they had nickel and dime games on the same boxes that were much tighter, and even the quarter games other than Jacks or Better were pretty tight. 

There are plenty of other games to play at South Point, but I’m sorry to see these particular ones go.

So Long to Another Old Friend

At the Four Queens in downtown Las Vegas, the dollar 10-7 Double Bonus machines are now gone. They’ve been a fixture at this casino for at least 30 years. Playing 50 cent 9/6 Jacks single line may be the best video poker alternative. It’s still slightly positive with the slot club, mailers, and promotions.

A Seven Stars Perk

One of the benefits of being Seven Stars in the Caesars/Harrah’s/Eldorado system, at least if you’re in Nevada, is that you get a monthly $150 free bet from Caesars Sports Book when you bet $100 or more. You used to be able to use Reward Credits to qualify for this free bet, but no longer.

The free bet is set up so regardless if you win or lose, you do not get the initial wager back. That is, if you bet at -200, which means you should win two-thirds of the time (not counting for the vig), you’ll collect a total of $75 for that $150 free bet. If you only collect that bet two-thirds of the time, that means your free bet is worth $50.

If you bet at +200, which means you should win one-third of the time (not counting for the vig), you’ll collect $300. Collecting $300 one-third of the time means your free bet is worth $100. Much better! And it’s easy to conclude that betting underdogs using free bets is better than betting favorites. I generally find a bet between +250 and +350 for my free bet.

For my initial bet, I find a bet around -200. I’m not sure why, but a sports bettor I respect told me I give up the least vig that way. 

Since these bets are a relatively small part of my monthly betting budget, I can use these quick rules of thumb without knowing a lot about successful sports betting. These markets are efficient enough that, so long as I get the bonus bet, it’s basically a certainty that I’ll profit over time. While I did learn a little about successful sports betting from co-hosting the podcast where we interviewed a number of successful sports bettors, my “expertise” is limited and the rules of thumb presented here are satisfactory enough for me.

If they stop giving away the bonus bet, I’ll continue using RCs to bet. Since I get to bet the RCs at face value, even if I’m only playing a 94% game at the sports book, that’s much better than playing a 50% game by redeeming the RCs for free play. 

When I stay at a Caesars property, which I do when I’m out of town, the hosts must use my accumulated RCs before they are allowed to comp anything. Since I play enough to merit being comped, I zero out my RCs at the sports book before I leave because the RCs would disappear if I didn’t. Some of the bets will win, so I’m virtually guaranteed to profit over time if I do this.

An NSU Puzzler

You’re playing NSU Deuces Wild, and the first four cards dealt on a hand are a deuce, a four, a five, and a king —- all spades. Of the 48 equally likely cards that could be dealt as the fifth card, how many are there where the correct hold is deuce, four, five? 

Rather than give you the answer immediately, I’ll spend an entire column on this puzzler soon.

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Something I Had Forgotten

Bob Dancer

In downtown Las Vegas there are three related casinos — Circa, D, and Golden Gate. These properties share the same slot club. Weekly free play from the mailers may be redeemed at any of the properties.

There are shared mixed-game mixed-denomination video poker progressives, mostly at bars, at all three properties — probably more that 200 individual machines. There are separate progressives for 25 cents, 50 cents, $1, $2, and $5 — although the 25-cent denomination is capped at $1,199, which is considerably less than being positive.

Although you have your choice of several games, in terms of return to the player, the best one to play is 8/6 Bonus Poker Deluxe. At reset it is worth 98.5% or so. In early April, I noticed the $2 game at $14,000, which makes it worth 100.2% — plus mailers and other slot club benefits. I decided to go home, practice at the level of $14,500 and come back the next day and start firing.

I knew that last year the LVA Members Reward Coupon Book had coupons for at least two of the three properties where if you play 1,000 points in one 24-hour period, you get $100 in free play. I decided to check to see whether this year’s book had the same. It turns out they did for both Golden Gate and D, but not for Circa. But still, since I was planning to play many hours at this game, I figured that I could redeem both of these coupons. If the progressive went off before I reached the entire $100 in free play, I’d find something else to play.

The next day, the progressive was only at $14,080. I guess nobody figured it was a play yet. But I was there and prepared, so I went to the booth at D and redeemed my coupon. It only took an hour or so to play the 1,000 points, so I went back to the booth and received the free play. This free play was only good at the D rather than all the properties. So, I played off the free play and walked the two blocks to the Golden Gate and repeated the process.

After several hours, I needed to end for the day. The progressive was now at $14,200, but I had to let it go. The next day I was back and the progressive was still live. So, I sat down and started hammering away again. After six or so hours I again had to leave, so I did.

Same thing the next day. Eventually somebody else hit the royal at $15,800 and I was down a couple of thousand dollars — which is what happens when you play progressives and you’re not the one who hits it. No regrets.

When I was reviewing the strategy, I paid most attention to the hands with royal possibilities. Hands where you can’t get a royal, such as 99443, are played the same at all levels of the progressive, but hands like KQJ4 K, where the cards in bold italics are suited with each other, definitely change. At low levels of the progressive, you hold KK. At higher levels you hold KQJ.

Since I knew the 9/6 version of the game perfectly, I just used that strategy most of the time. I knew, for example, that in 9/6, on a hand like an unsuited KQJTT, you hold KQJT but on QJT99 you hold 99. My 8/6 strategy sheet, however, said with QJT99 you should hold QJT9. I wondered if this was an error on my strategy sheet or if this was actually a real difference between the 9/6 and 8/6 versions.

It turned out that my written 8/6 strategy was correct, and with that hand you hold 99 with 9/6 and QJT9 at 8/6. It’s a close play but the extra bit you receive from a 45-coin full house compared to a 40-coin full house is enough to make a difference on the 1-in-98 times you end up with a full house starting from 99.

I’ve played this progressive three or four times in the past, and this strategy change from 9/6 to 8/6 feels like one I would remember. But I didn’t. When I saw it on my 8/6 strategy sheet it seemed completely new to me. Since last time I played it on the $1 machine at $7,600, I just sat down and started to play when I found it. If the QJT99 hand came up that time, I probably misplayed it.

Oh well. My memory isn’t what it used to be, which is why I review before playing. While I am a pretty confident player, I think I’m fortunate that I can recognize my limitations and compensate for them. I know other players who can’t be bothered reviewing strategy because they figure they know everything. 

It sounds almost self-contradictory that I’m proud that I’m humble enough to get help when I need it, but that’s the way it is for me.

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Evaluating a Promotion

Bob Dancer

I received an email from a player who told me of a promotion at a Caesars/Harrah’s/Eldorado property. He wanted to know if it was worth playing, although he didn’t say which exact property it was or even in which state it was located, although the player lived in the southeastern part of the United States so that narrows it down somewhat. It seems like for a particular day, the property was offering 5x Next Day Bounceback (NDB) cash.

More than one property in the Caesars Rewards system has daily NDB. Let’s say you’re playing that promotion on a Monday. At the casino where I’ve played it, if you play at least 100 Tier Credits between 6 a.m. Monday and 5:59 a.m. Tuesday, you’ll receive free play at noon on Tuesday. The free play is generally good for 90 days. These parameters do not have to be the same for other properties.

At most of these casinos, it takes $5 coin-in to earn one Tier Credit (TC) for slots and $10 coin-in to earn one TC at video poker. I’ve been at other properties where, for the loosest video poker, it can take $20, $25, or even $50 to earn one TC. Just staying with the standard $10 per TC at video poker, it’s obvious to those with at least a little bit of mathematical facility that it takes twice as much coin-in at video poker to earn the same number of TCs as it does at slots. Therefore, the percentage return of NDB for video poker is half as much for video poker as it is for slots.

If you would earn, say, $200 in a “normal” NDB day, at the casino where I’ve played, playing on a 2x NDB day gives you that $200, and then when you’ve played that off, gives you another $200. The second $200 expires in seven days, not 90.

Any of these parameters can be different at other properties, but at least this gives you a template of what to look for. If I were considering playing at this 5x NDB day, I would do the following:

  1. I would find out how much “regular” NDB is worth. You can do this by actually playing, keeping track of how many TCs you earn, and then see how much NDB you receive the next day. If you know some other player who has played at that casino when NDB was in effect, perhaps they’ll be willing to share the information with you.
  1. Let’s assume at this casino that the daily NDB returns 0.25% for video poker. A 5x NDB day would then be worth 1.25%. Games like 9/6 DDB and 15-9-4-4-3 Deuces Wild now become slightly positive for competent players. If the regular NDB is 0.50% for video poker, then 5x NDB would be worth 2.50% and several additional games now are worth more than 100% if you play them correctly.
  1. Normal Caesars Rewards benefits remain in effect. That is, Reward Credits (RCs) (generally earned 1-1 along with TCs) may be redeemed for comps, free play, or sports bets. Play enough and you can earn Platinum, Diamond, or Seven Stars status — each with benefit packages. Playing 500 TCs in one day earns you a 500 TC bonus. There are a number of steps topping out at a 10,000 TC bonus for 5,000 or more TCs earned in a day. If you play enough, you may well get offers in the mail with incentives to come back.
  1. I would check to see how long the NDB free play is good. If this is not a casino that I knew I’d be back to before the free play expired, I would stay at least until noon the next day and play off what I’ve earned. Although this will reduce my daily theoretical by 50% for this trip (assuming it will become a two-day trip instead of a one-day trip), generally speaking collecting the NDB I’ve earned is worth more than the reduced theoretical.
  1. I would check the entire floor to see what games are available. If there are only a few “good” machines, I might be there at 4 a.m. for a promotion that starts at 6 a.m. If I had a friend or two who were interested in playing the same machine during the same promo, I might agree on a schedule where all of us got to play our hours over the 24-hour period. I would look for friends who could be depended on to play the hours they agreed to. I would not want someone who, say, would leave early if they got down $1,000 or so. If that happened, whoever had a “shift” after that might well not have a seat available.
  1. If the best game isn’t one I knew how to play, I would learn it. I sell strategy cards and Winner’s Guides for a number of games and the Wizard of Odds website has a video poker strategy calculator that works for several games. Videopoker.com has, for a fee, an online “Pro” game where you can practice and get corrections until you have a game mastered. You can get a monthly subscription or an annual one. The more time you have between knowing which games are available and the day the 5x NDB is in effect, the more time you have to perfect your skills. There will always be players who show up on the day of the promotion and “wing it” without preparation, but that’s not the practice I recommend.
  1. If I were a big player (say, $25 machines or maybe $5 Ten Play) I’d definitely check with Caesars Rewards if there’s a limit on how much I can earn in a day. If the 5x NDB were worth 2%, for example, playing 9/6 Double Double Bonus perfectly is worth about 101% until I reach the daily limit but only about 99% thereafter. That would certainly affect how many hours I wanted to attack the machines.
  1. Assuming profit maximization is my goal, with the NDB, with or without a multiplier, it can be better to play a lesser game EV-wise at higher stakes than a higher game EV-wise at lower stakes. For example, let’s assume for $1 stakes you can play 8-5 Bonus worth 99.17% and for $5 stakes 9/6 DDB, worth 98.98% is available. If you can play $4,000 coin-in per hour on the dollar game and $20,000 coin-in per hour on the $5 game, with most NDB amounts the DDB game has a higher dollar EV. Keep in mind that even though playing DDB has a higher dollar EV, the variance is much higher than that of BP and it’s possible to lose MUCH more than what you’ll get back from NDB. If you have the financial and psychological bankroll for this, go for it! But it’s not my fault if it doesn’t turn out well for you this particular time. As in all gambling, if you can’t stand the heat, stay out of the kitchen!
  1. There are properties where even with 2% bounce back, there are no games I would consider playing. Since I don’t know which casino we’re talking about, I can’t give a definite recommendation to play. But if I lived relatively close and was going to be available on the day of the 5x event, I’d definitely check it out.
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Musings About Being an AP

Bob Dancer

I was having dinner with two winning slot/video poker players when one of them, “Al,” asked, “What was the first AP movie you watched?” I knew he said AP to mean “Advantage Player,” but I wasn’t exactly sure what kind of movie he meant? “Do you mean like ‘Rounders?’” This 1998 movie starred Matt Damon and Edward Norton.

That was exactly what Al was talking about, and that particular movie was the first AP movie he saw. I’m almost 35 years older than he is and remember the 1965 Steve McQueen, Edgar G. Robinson movie, “The Cincinnati Kid,” which Al had never heard about. The third player, “Bo,” played pool in his youth and remembered seeing “The Hustler,” the Paul Newman, Jackie Gleason movie that came out in 1961. 

A number of other movies were mentioned, and eventually I mentioned “The Sting,” the 1973 movie starring Paul Newman and Robert Redford. “Absolutely not!” declared Al. “That movie centers around a con, and there are a number of dishonest activities portrayed. Being an AP means you win by your wits without cheating!” 

I wasn’t particularly surprised by Al’s point of view. Al is a deeply religious man who lives his life with integrity. If he thinks an action is even a little bit sketchy, he’ll avoid it. While I don’t agree with all of his decisions, I highly respect them. 

For me, I consider myself an honorable person, but I do take some “shortcuts” along the way. One of the problems with the idea of avoiding cheating is that the definition of cheating is vague. It’s a bit like what Supreme Court Justice Potter wrote in 1964 about a very dissimilar situation, “I can’t define it, but I know it when I see it.” Except what you conclude and I conclude can be different. Some matters haven’t been decided by the courts. Sometimes good lawyers can convince the courts that something is legal while the casinos wish it had been decided the other way.

For example: I play many games. While I have most of them mastered, I have many of the “semi-memorized.” On my cell phone, I have a Word document that lists the correct strategies for these games. I sometimes look at this strategy during play. Officially, in Nevada, this just may break the device law, while looking at the same strategy written on a piece of paper does not. This doesn’t make sense to me, but it might be the law. I use the argument, “Casinos aren’t likely to prosecute this,” to give me license to do it. Is this cheating? Not to me, but others disagree. Bob Nersesian, the best-known attorney for player-casino disputes has said if I did this and the casino took action against me, he would refuse to defend me. “The law is clear about this,” he has said. 

Assume a casino allowed its players in the top tier to have one day a month of 5x points, where the player got to choose which day was most convenient for her. Also assume a husband-and-wife team were both members of this tier. On one day a month they’d both play on his card, and on another day that month they’d both play on her card. To me, this is a smart, AP move. It certainly isn’t what the casino intended. Is it actually cheating? Al would probably think so, but I’m not sure. He is an unmarried 40-year-old (he can’t find a woman he likes who is as spiritual as himself, and this is his number one criterion). He’s played right next to me when I’ve hit a jackpot on Bonnie’s card, and he heard me explain the situation to the slot attendant. (Usually it’s no problem, but if a casino tells me not to do that in the future, I obey.) Al has never said a reproving word to me about this and he still considers me a good friend.

Now look at the players who have cards from 30 different players and basically live in that casino, playing with 5x points on a different card every day. To me this is clearly cheating. What’s the exact line between doing it on a spouse’s card and doing it on cards from “business partners?” I can’t tell you, but it’s something I feel strongly about.

Let’s say I have $1,000 in free play to pick up at a casino, but I won’t be in town during the time period the free play is active. I have a trusted friend who would be happy to play quarter video poker for an hour to redeem this in exchange for a $100 fee. Even if the casino has no better than 6/5 Bonus Poker (worth about 96.9%), the cost of playing $1,000 through is only a little more than $30 in expected value which is dwarfed by the size of the bonus. Before discussing whether I would do this or not, also consider a second case where it’s the same situation but this time I have $5 in free play to pick up. Also assume the casino would not be happy if it discovered somebody else was playing on my card.

Morally speaking, it makes no difference whether it’s $1,000 or $5 we’re talking about. It’s breaking the casino’s rules. Al would avoid this in both cases. For $5, though, I’d give that up without a qualm and for $1,000 I’d at least think about it pretty hard. Historically I have sometimes hired people to collect free play for me. Not always, but more than once.

My thoughts on this general subject have evolved over the years. Since I’ve been publishing my thoughts for close to 30 years, someone interested in proving that what I’m saying now conflicts with something I said a number of years ago could find evidence to support his view. I’m more interested in telling it like it is for me now than worrying about always being consistent with every thought I’ve had in the past.