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Too Good to be True?

Casinos are in the business to make money. They don’t intentionally make mistakes. Still, sometimes mistakes happen that smart players can exploit. You don’t need to be a pro. You just have to be alert and savvy — and find one of these mistakes. It also helps if you have the requisite knowledge and bankroll — but that’s not necessary. If someone brought the following to me and nobody else knew about it, I might well have paid a $1,000 finder’s fee. Continue reading Too Good to be True?

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Picking Up Free Play

Richard Munchkin received a note from a Gambling with an Edge listener about a subject to talk about. The note referred to a casino where the formerly 8/5 Bonus machines were recently downgraded to 7/5. Part of the note said: Continue reading Picking Up Free Play

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Life as a Master

The title of this article is somewhat tongue in cheek. A few years ago, someone called me a master because of something I’ll explain shortly. It occurred to me that many players don’t understand the day-to-day activities of a successful professional player — whether that player deserves to be called a master or not. Striving to be a master of video poker is one of my goals. Actually becoming a master is likely unobtainable. Mastery is about something you do, not something you are. Continue reading Life as a Master

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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

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“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

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When to Show ID

Another excellent post by James Grosjean in his Las Vegas Advisor blog called “Beyond Numbers” occurred in mid August. Continue reading When to Show ID