Listeners to our podcast know I typically end with the line, \u201cGo out and hit a royal flush!\u201d Colin Jones, the owner of blackjackapprenticeship.com, one of the sponsors of our podcast, has numerous podcasts of his own in which he typically ends with, \u201cKeep generating EV!\u201d<\/p>\n\n\n\n
Not that I\u2019m planning on changing, but I like Colin\u2019s ending better than mine! It\u2019s far closer to what I believe intelligent gamblers should do.<\/p>\n\n\n\n\n\n\n\n
My phrase is the video poker equivalent of wishing you, \u201cGood luck today.\u201d If you\u2019re playing a single-line game, hitting a royal flush pretty much ensures you\u2019re going home a winner.\u00a0<\/p>\n\n\n\n
While wishing somebody good luck is a pleasant, sociable thing to do, it doesn\u2019t suggest that you have any input as to how or when this good luck comes about. Just sit back and maybe a royal flush will come knocking on your door!<\/p>\n\n\n\n
Colin\u2019s phrase is the equivalent of, \u201cKeep doing the right things, and over time good things will happen.\u201d\u00a0<\/p>\n\n\n\n
Generating EV in blackjack consists of game selection, knowing how to count cards accurately, and proper bet sizing. Other things are also important, but this is not an article attempting to teach you how to play blackjack well.\u00a0<\/p>\n\n\n\n
Generating EV in video poker consists of knowing the game, the slot club, and the various promotions, while only playing when you have the advantage.\u00a0<\/p>\n\n\n\n
There will always be \u201cresults-oriented\u201d people who are overly concerned with whether you win or lose in the short run. They will argue that you can\u2019t spend EV. And they\u2019re right, sort of, at least from their perspective. Not from mine.<\/p>\n\n\n\n
I\u2019d much rather be \u201cEV-oriented.\u201d I know hundreds of gamblers of every kind who have had profitable careers for years simply by grinding things out.\u00a0<\/p>\n\n\n\n
Using the title of Josh Axelrod\u2019s book, \u201cRepeat Until Rich,\u201d is another way to phrase it. Figure out where your edge is and keep doing it.\u00a0<\/p>\n\n\n\n
It works!<\/p>\n\n\n\n
What brought this to my mind was when I returned from a session at the South Point during early September. The promotion this month consists of two casino-wide jackpots. I\u2019ve never hit one of these at the South Point (although I have received numerous $25 consolidation prizes because I was playing when somebody else hit the jackpot). I have hit such a progressive elsewhere. And I have collected on other South Point \u201cfairly rare\u201d promotions.<\/p>\n\n\n\n
So, I played my usual amount, hoping to continue receiving mailers. I didn\u2019t collect on one of the jackpots this trip. But I believe it was still a better game to play this month than it would be if there was not a promotion going on.<\/p>\n\n\n\n
I was \u201cgenerating EV,\u201d so to speak. This time I didn\u2019t cash. No big deal. I usually don\u2019t on this promotion, but I will occasionally. While the rare time that I collect on this jackpot will be unpredictable and out of the blue, I think I will\u00a0 because I have time after time put myself in position to win.<\/p>\n\n\n\n
Often you can accurately predict your EV. This time I can\u2019t. I don\u2019t know enough about how frequently the jackpot hits and whether it matters, for example, if you\u2019re playing a nickel or a $5 machine. But the game I was playing was already a bit positive off the top. Add in the mailers and the casino-wide jackpots and I know I have an edge. I just don\u2019t know how big of an edge.<\/p>\n","protected":false},"excerpt":{"rendered":"
Listeners to our podcast know I typically end with the line, \u201cGo out and hit a royal flush!\u201d Colin Jones, the owner of blackjackapprenticeship.com, one of the sponsors of our podcast, has numerous podcasts of his own in which he typically ends with, \u201cKeep generating EV!\u201d Not that I\u2019m planning on changing, but I like […]<\/p>\n","protected":false},"author":15763,"featured_media":6498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"What\u2019s in a Phrase? by Bob Dancer","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[601,558,557],"tags":[561,618,868,585],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/121291"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/users\/15763"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/comments?post=121291"}],"version-history":[{"count":0,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/121291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media?parent=121291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/categories?post=121291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/tags?post=121291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}