I read an article in a poker publication some time ago. It was about a live poker player who recently spent a half-hour run “in the zone.” Apparently there were six major pots, and that writer won five. Then the writer was beaten two hands in a row, determined his streak was over, and left the game up $900. Continue reading Knowing When to Quit
Tag: Bob Dancer
Quitting When I’m Ahead
You’ve heard the expression “Quit when you’re ahead,” applied to gambling. You’ve also heard, “When you’re on a hot streak, keep firing away!” These two bromides give opposite advice on what you should do when you actually hit a big jackpot. The first says go home. The second says stay and keep playing. Continue reading Quitting When I’m Ahead
“Always Do Your Best” is Questionable Advice
How many times growing up were you told to always do your best? How many times have you told it to your own kids or grandkids?
While it has a catchy ring to it, it is basically terrible, short-sighted advice that’s impossible to follow. Continue reading “Always Do Your Best” is Questionable Advice
Opportunity versus Circumstance
I recently was reminded of a quote by George Bernard Shaw. “People are always blaming their circumstances for what they are. I don’t believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want and if they can’t find them, make them.” Continue reading Opportunity versus Circumstance
Bankroll Concern
I ran into a man, “Paul,” who had taken several of my classes. I remember Paul as a better-than-average student. I believe he makes good “what game to play” decisions and will have a strategy card with him. When we met in early January, I recommended that he play the South Point promotion because I thought it was a good one for him. Continue reading Bankroll Concern
Teaching Advanced 8/5 Bonus
The new semester of free video poker classes at the South Point will begin on Wednesday, January 27, at noon, in the Grandview Lounge — which is eight days after this article is originally published. Everyone at least 21 years of age is welcome. Continue reading Teaching Advanced 8/5 Bonus
Attending the 2015 Blackjack Ball — Part II of II
This is the second part of a story about this year’s Blackjack Ball. If you didn’t read last week’s installment, check it out here
The game of 21 Questions as devised by Max Rubin is very difficult. Success requires some specific knowledge, often some mathematical ability, and a lot of fortuitous guessing. In 2013, I won this part of the competition (only to blow out quickly in the skills contest). In 2014, my guessing hat must have been on backwards and I didn’t do well at all. In 2015, I barely missed qualifying for the finals. In fact, if I had only correctly answered the question that I had submitted, I would have advanced to the skills contest. I’ll soon describe how this happened. Continue reading Attending the 2015 Blackjack Ball — Part II of II
Seeking Out Unfair Games
Many times I’ve written about video poker games that I consider fair. And what I mean by “fair” is that every unseen card has an equal chance of appearing next.
Most people seem to accept my definition — or at least understand what I am talking about.
However, I recently received an email at [email protected] from someone who calls himself “Reno Master.” The email read as follows: Continue reading Seeking Out Unfair Games
A Look at Wong on Dice
Stanford Wong is one of my heroes. He has written knowledgeably about many different casino games — from video poker to blackjack to Pai Gow poker to sports betting to casino tournaments to . . . He is a friend and has been a repeat visitor to Gambling with an Edge. He will be appearing again this Thursday night, 7-8 p.m. 1230AM in Las Vegas. Live streaming at www.klav1230am.com. And it will be archived the next day on www.bobdancer.com. Continue reading A Look at Wong on Dice