The Best, the Worst and the Between

 

In casino gambling there are good players and bad players and every type of player in between. Sadly, most players have no idea of the house edges on the games that they play and most don’t care to know these edges – such knowledge might diminish their fun. How fast is a game? Is it important to know how many decisions a game has per hour in order to understand the impact of the house edge on your bankroll? Not to them.

Knowledge to the unknowledgeable is a waste of their time.

Strange as it may seem, many casino players have actually bought a bill of goods that proclaims casino gambling to be an activity that is best engaged in with no knowledge whatsoever. Others have bought into the flawed concept that they are going to lose anyway so why play perfectly – it ultimately doesn’t help you win anything, does it? That’s a true but very limiting way to look at the casino gambling experience since the better you play the less you lose over time. The less you lose the more you can go to the casinos. The “you’re only going to lose anyway” philosophy results in greater losses and fewer possible trips to the casino.

Three criteria would have to be applied to casino gamblers to ascertain where they fit in the continuum of good to awful players – the games they play, the strategies they use at these games, and their emotional control while playing. Even the very best players can do foolish things if they lose control – just ask any card counter who over bets his bankroll and goes bust, despite his small edge.

So who are the best casino gamblers? And who are the worst casino gamblers?

The best casino gamblers are the “advantage players,” those players who have developed skills such as card counting at blackjack, dice control at craps, perfect strategies at video poker, and expert poker play. These players know how to beat the games they play by getting small edges, betting appropriately so losing streaks don’t cream them – yes, advantage players can have losing streaks, some of them quite long – and by always betting into their edge and not into their emotions. Of the 54 million American casino gamblers, maybe 4,000 are advantage players.

Just under the advantage player are those casino gamblers who play strong strategies at the games. They use basic strategy in blackjack, keeping the house edge around one-half percent; they only make the best bets at craps, generally the Pass, Don’t Pass, Come, Don’t Come, utilizing the odds bet to get their money on the table, and placing the 6 and 8. If our good players like roulette, they strictly bet outside “even-money” propositions at the roulette games where the 0 or 00 loses them only half their bet. In video poker they only play the strongest strategies at high return games such as 9/6 Jacks or Better. They never play slot machines. Based strictly on my observations of casino gamblers for the past 30 years I’d say the good players in this second category make up maybe two million casino players.

Thus, the two types of “best players” are in a distinct minority because they are overwhelmed by the legions of “worst” players. The worst players use their “instincts” at blackjack, giving the house edges of one to four percent. The worst players make all the ridiculously poor bets at craps, subscribing to idiot notions such as “see a horn, bet a horn,” which can lead to disastrous results. The worst players bet the inside numbers at roulette and play all the carnival games such as Let it Ride, Three Card Poker, Caribbean Stud, Four Card Poker – without even knowing the correct strategies for these games. They love the slot machines, especially the mega-jackpot machines that have house edges around 15 percent. Losing $15 for every $100 they wager doesn’t seem to have any impact on their gambling choices.

The poor players play with real money – that is to say, they don’t have a special gambling account but rather they use household money to fuel their usually ill-fated adventures. They play for too much, for too long, and too poorly to ever have a chance of coming out ahead – except on rare occasions where Lady Luck pities them and gives them a winning session. But this or that winning session can’t make up for the horrid fact that they are way behind in their casino gambling careers – so far behind that short of a mega-jackpot they have no chance to ever catch up.

I think the majority of casino players probably fit into this last category – and they account for the overwhelming amount of money made by the casino industry. Advantage players will sometimes say that all the poor players make it possible for them to keep winning because without the poor players the casinos wouldn’t exist. That is probably true.

However, why should that be true for you? Let the other players play foolishly. There’s plenty of room for you in the first two categories of players. The Captain of Craps once told me, “There’s always room at the top.” He was right. You should join that top tier.

Frank’s books are available on Amazon.com, Barnes and Noble, kindle, e-books and at book stores. His latest? Confessions of a Wayward Catholic!

Act It For Crying Out Loud!

 

There is something in the human heart that needs to be appreciated and liked and maybe even loved. Many men and women would love to be worshipped as well. Short of all that, most of us will take a pleasant friendliness in the people we must deal with, especially in our leisure time pursuits.

I remember one particularly horrid meal I had in New York City’s theatre district. My wife, the beautiful AP and I, along with gambling’s maverick author Walter Thomason and his wife, best-selling romance novelist Cynthia Thomason, were going to see the delightful hit The Music Man and we selected a restaurant near the theatre and we made an early reservation – 5:30PM – so we could make the 8PM curtain. This restaurant had come highly recommended by someone I will never talk to again!

The waiters were the nastiest people I have ever met. Poor Walter ordered a drink before dinner, then during dinner, then after dinner – the same drink, because they never brought it to the table. Yet the drink appeared three times on the check. The service was slow. The food was cold when it was brought to the table and when we left we told the maitre d’ that the service and the food left a lot to be desired.

He looked at us and said disdainfully, “This is New York if you haven’t noticed.” I have no idea what he meant since I have been living in New York for more than 60 years. Was he saying that nastiness is something we New Yorkers should be proud of? Most New York restaurants have very friendly waiters by the way. So did he think we were tourists who had to be mistreated to get his version of the New York flavor? Beats me.

Almost topping this dining disaster was one I had in Memphis, Tennessee at a restaurant everyone told me had the best barbequed ribs on the planet. I was staying at the delightful Peabody Hotel and I went nearby to enjoy this world famous barbeque. Aside from the fact that the ribs went down like bricks, the waiters at this restaurant were frothing cousins to their New York City counterparts. Even worse, I found the restaurant greasy, the plates smudgy, the drinking glasses smeared. I had a hard enough time starting my meal, much less finishing. I don’t care how famous a restaurant is – filth is filth. The surly waiters almost threw the plates on the table and when I ordered a glass of wine – the glass looked like those jelly glasses that Welch’s used to sell so when you finished your jelly you had a cheap glass. The wine at this dump did not taste as good as the Welch’s jelly either.

These two events brought home the fact that not everyone belongs in the “service industry.” When I was a young man I worked in a fancy restaurant where I wore a tuxedo and spoke with a slight French accent (this restaurant only hired people with foreign accents so all of us Americans pretended to be from somewhere else) and I know that many nights I had to act friendly even though I didn’t feel friendly. That’s the nature of the job – you must be professional and friendly if you want to be a good waiter or waitress. In a real sense you are the servant of those whom you are serving and no one wants a surly servant.

Now is it easy to be a servant? No, many times it is difficult because the people you are serving, over the course of a day, a night, a week, a career can sometimes be tough to deal with. That one nasty person can make an otherwise great day turn somewhat sour. But a professional is a professional. Actors in a bad mood must still show delight if the scene in the play calls for it. A waiter must show the same friendly face even if inside he is steaming because of this or that event or patron. If a servant can’t do that he or she should seriously consider another job.

The casino industry is no different than any other service industry. From the moment you drive onto a property you are meeting service people – valet parkers, bellhops, reservation clerks, dealers, pit personnel, waiters, waitresses, spa attendants and more – all of them working jobs where your satisfaction is the key to their performance. The casino-hotel has made a commitment to making your stay enjoyable.

Players who play at tables with surly dealers certainly have diminished pleasure. The dealers can’t make you win or lose, of course, but they can present you with a winning attitude, a friendly disposition, and a professional demeanor. So how come some dealers seem like fire-breathing dragons, ready to incinerate you for daring to talk to them? Because they haven’t learned the most important aspect of the service industry – acting.

I learned from being a waiter that it didn’t matter what I was actually feeling. The patrons at the restaurant weren’t interested in my internal state. They were there for a gourmet meal served by a professional waiter. So that is the role I played. I showed the same disposition whether my internal state was happy or glum.

Dealers, pit personnel and others you encounter in the casino environment must perform their roles regardless of their inner states. What’s inside is irrelevant to the job.

Let me close with a great moment from the lives of two of the world’s greatest actors, Laurence Olivier and Dustin Hoffman. They were filming Marathon Man and the scene to be shot was supposed to be about Hoffman’s character having stayed awake for 24 hours. Hoffman, being a method actor, wanted to do the scene for real – so he stayed up for 24 hours before the filming. Of course, he could not remember his lines and he was screwing up left and right. Olivier, to be helpful, said to him, “My dear boy, if you had learned how to act you wouldn’t have had to stay up all night!”

Great advice.

Enjoy Frank’s web site at www.frankscoblete.com. Frank’s latest books are Confessions of a Wayward Catholic!, I Am a Dice Controller! And I Am a Card Counter! Available at Amazon.com, Barnes and Noble, ebooks and at bookstores.

The Annoying Phone Call

 

I usually have my secretary answer the phones – or a pleasant answering service takes over in the “off” hours; a service that usually gets about 50 percent of the messages correct and the other 50 percent so completely botched up that I have no idea what the person calling wants. Who knows?

But every once in a while, I answer the phones. This is not a trial for me, except every once in a while the person on the other end is either a nut or a talker who tells you his long life story and how it relates to casino gambling — his long, incredibly boring life story.

The other day, however, I got a real nut who also told me his long and totally boring life story and then proceeded to badger me after the interminable thing ended. After the War and Peace version of his dull life, he then said. “You see, I want to get a way to beat the casino at craps when the other shooters are rolling. I don’t roll the dice. I don’t like to roll the dice.”

“You mean the regular random shooters?” I asked.

“Yes,” he said. “Do you have a system for that? So I can win when a regular shooter is rolling?”

“No,” I said, “there is no system to beat craps just by betting. You have to control the dice to have a chance to win at the game.”

“That’s not what I heard,” he said.

Then I heard the “click” which meant I had another call behind him. “I have a call behind you,” I started to say.

“There are many systems to beat the game of craps, “ he said. “You should know that. You can watch a table and discover what kind of trend is working at the table and bet that. Or you can bet against that if you think it is not going to last. What about those?”

Click!

“They don’t work. Random is random. There’s no predictability in random trends,” I said.

Click!

“Nah, nah,” he said, “I have seen trends last for quite awhile at the craps tables.”

“Okay, well, look, I have another call…”

Click!

“What about hedging your bets? You hedge your bets on the Pass Line with any craps so you reduce the impact of the seven. That’s a good system. Right?”

“No, no, it stinks,” I said. “Give me a second.” I pushed the button to see who was the other caller. He or she had hung up.

“The hedging is a good thing, all the great gambling people know that,” he said. “I am surprised you don’t understand it. I mean you’ve written a lot of books on craps. Aren’t you supposed to be an expert?”

“I understand hedging,” I said, “and I have written about it on my web site and in Casino Player magazine. Hedging doesn’t work. You lose more money by hedging your bets.”

“You don’t know what you are talking about,” he said. “You find a trend and bet with or against it by hedging your bets. That is a great way to bet.”

“Okay, fine, look, you bet any way you want to bet. It’s your money,” I said. At a certain point some conversations are just not worth pursuing and this one had gotten to that point.

“So you have no betting systems that can get me to win on the other shooters?” he asked.

“I told you that there are no betting systems that can overcome the house edge. You have to control the dice in craps. In blackjack you have to count cards. Betting systems just can’t overcome negative expectations.”

“That’s not what I heard,” he said.

“Like I said, it’s your money, bet it any way you choose,” I said.

“But you sell books on craps and gambling and you don’t know any systems to beat the house when other shooters are rolling?”

“Is this a joke?” I asked.

“What?”

“Is this a joke? Are you someone who is pulling my leg?” I asked.

“I’m gambling for 40 years. I don’t joke. You should know the systems to beat the games.”

“Look, I can talk about any system you want but none of them works. I’ve written about, well, just about all of them and they don’t work. Random is random. There are trends but they are not predictive – they are random. You hedge and you’ll lose more money. You can use the 5-Count to reduce your action but against random rollers you still can’t get the edge.”

“What about the idea if you see a horn you bet a horn?” he asked.

“Stupid, it’s stupid,” I said.

“Why is it stupid?”

“Because the game is random and that horn number is no more likely to come up next than it was likely to come up the time before. The house edge is about twelve and a half percent. You’re going to lose twelve dollars and fifty cents for every hundred you bet on that.”

“I’ve been gambling for forty years,” he said, but I cut him off.

“Look, why do you need a new system?” I asked.

“What?”

“Why do you need a system? If you know all these systems and have been gambling for forty years haven’t these systems won you money all those years?”

“Huh?”

“You must be a billionaire by now. You must have seen and bet a lot of horns in forty years. You must have been on or off a lot of trends in forty years. You must be so rich with all that hedging that you could own a casino now.”

He hung up. He must have heard the sarcasm in my voice. Guys like him can make you go crazy. Then the phone rang again. I picked it up, “Look, you idiot, I told you, there are no betting systems that can beat a negative expectation game! You’re an idiot for thinking there are!”

“Frank?”

“Go away, go away. Go away! ” I shouted.

“It’s me, Margaret,” said my mother-in-law.

“Ah,” I said. “Oh…Hi, how are you?”

And she told me, for the next hour, how she was.

Frank’s latest books are Confessions of a Wayward Catholic; I Am a Dice Controller: Inside the World of Advantage-Play Craps, and I Am a Card Counter: Inside the World of Advantage-Play Blackjack. Available from Amazon.com, Kindle, Barnes and Noble, e-books and at bookstores.

Act It If You Don’t Feel It

 

There is something in the human heart that needs to be appreciated and liked and maybe even loved. Many men and women would love to be worshipped as well. Short of all that, most of us will take a pleasant friendliness in the people we must deal with, especially in our leisure time pursuits.

I remember one particularly horrid meal I had in New York City’s theatre district. My wife, the beautiful AP and I, along with gambling’s maverick author Walter Thomason and his wife, best-selling romance novelist Cynthia Thomason, were going to see the delightful hit The Music Man and we selected a restaurant near the theatre and we made an early reservation – 5:30PM – so we could make the 8PM curtain. This restaurant had come highly recommended by someone I will never talk to again!

The waiters were the nastiest people I have ever met. Poor Walter ordered a drink before dinner, then during dinner, then after dinner – the same drink, because they never brought it to the table. Yet the drink appeared three times on the check. The service was slow. The food was cold when it was brought to the table and when we left we told the maitre d’ that the service and the food left a lot to be desired.

He looked at us and said disdainfully, “This is New York if you haven’t noticed.” I have no idea what he meant since I have been living in New York for more than half a century. Was he saying that nastiness is something we New Yorkers should be proud of? Most New York restaurants have very friendly waiters by the way. So did he think we were tourists who had to be mistreated to get his version of the New York flavor? Beats me.

Almost topping this dining disaster was one I had in Memphis, Tennessee at a restaurant everyone told me had the best barbequed ribs on the planet. I was staying at the delightful Peabody Hotel and I went nearby to enjoy this world famous barbeque. Aside from the fact that the ribs went down like bricks, the waiters at this restaurant were frothing cousins to their New York City counterparts. Even worse, I found the restaurant greasy, the plates smudgy, the drinking glasses smeared. I had a hard enough time starting my meal, much less finishing. I don’t care how famous a restaurant is – filth is filth. The surly waiters almost threw the plates on the table and when I ordered a glass of wine – the glass looked like those jelly glasses that Welch’s used to sell so when you finished your jelly you had a cheap glass. The wine at this dump did not taste as good as the Welch’s jelly either.

These two events brought home the fact that not everyone belongs in the “service industry.” When I was a young man I worked in a fancy restaurant where I wore a tuxedo and spoke with a slight French accent (this restaurant only hired people with foreign accents so all of us Americans pretended to be from somewhere else) and I know that many nights I had to act friendly even though I didn’t feel friendly. That’s the nature of the job – you must be professional and friendly if you want to be a good waiter or waitress. In a real sense you are the servant of those whom you are serving and no one wants a surly servant.

Now is it easy to be a servant? No, many times it is difficult because the people you are serving, over the course of a day, a night, a week, a career can sometimes be tough to deal with. That one nasty person can make an otherwise great day turn somewhat sour. But a professional is a professional. Actors in a bad mood must still show delight if the scene in the play calls for it. A waiter must show the same friendly face even if inside he is steaming because of this or that event or patron. If a servant can’t do that he or she should seriously consider another job.

The casino industry is no different than any other service industry. From the moment you drive onto a property you are meeting service people – valet parkers, bellhops, reservation clerks, dealers, pit personnel, waiters, waitresses, spa attendants and more – all of them working jobs where your satisfaction is the key to their performance. The casino-hotel has made a commitment to making your stay enjoyable.

Players who play at tables with surly dealers certainly have diminished pleasure. The dealers can’t make you win or lose, of course, but they can present you with a winning attitude, a friendly disposition, and a professional demeanor. So how come some dealers seem like fire-breathing dragons, ready to incinerate you for daring to talk to them? Because they haven’t learned the most important aspect of the service industry – acting.

I learned from being a waiter that it didn’t matter what I was actually feeling. The patrons at the restaurant weren’t interested in my internal state. They were there for a gourmet meal served by a professional waiter. So that is the role I played. I showed the same disposition whether my internal state was happy or glum.

Dealers, pit personnel and others you encounter in the casino environment must perform their roles regardless of their inner states. What’s inside is irrelevant to the job.

Let me close with a great moment from the lives of two of the world’s greatest actors, Laurence Olivier and Dustin Hoffman. They were filming Marathon Man and the scene to be shot was supposed to be about Hoffman’s character having stayed awake for 24 hours. Hoffman, being a method actor, wanted to do the scene for real – so he stayed up for 24 hours before the filming. Of course, he could not remember his lines and he was screwing up left and right. Olivier, to be helpful, said to him, “My dear boy, if you had learned how to act you wouldn’t have had to stay up all night!”

Great advice.

I Hate These Commercials

 

 

I am not a big fan of television commercials. I don’t like seeing car companies selling speed with whooshing automobiles and sexy women salivating over the vehicle which only leads idiots to conclude that driving fast is a good thing and will get them plenty of sex too. I don’t like those drug commercials that sell you on something that has so many side effects it’s amazing anyone lives who takes these drugs. I certainly don’t like those male erection commercials that warn if you have an erection for several days after taking their powerful drug you’d better head for the emergency room. Even as a teenager I didn’t want an erection that lasted several days!

But in my business as a professional gambling busybody, the commercials that have driven me over the edge are coming not from auto manufacturers, or from the chemistry industry, or from the erector set, but from the casinos and casino venues.

Here are a few:

In Tunica, Mississippi, Fitzgeralds had a radio commercial that promoted itself as the luckiest casino in the area. How do you measure that? How can you say you are the luckiest casino? What is the precise definition of luck and how does a casino have more or less of it than some other casino? Had the casino said it pays back more on its slot machines and proved that, well, that is a statement of fact – but to say your casino contains more luck is a statement of fantasy to be nice, or falsehood to be precise.

The bizarre thing is that another Tunica casino, The (now defunct)Grand, was also billing itself in radio commercials as the luckiest casino too. It even had radio commercials where “players” claim that they have the best luck at the Grand. So which casino is the luckiest? Can there be two luckiest casinos?

The Vegas promotion of “what happens here stays here” has generated a tremendous positive buzz around the country – it’s more popular than any quote from Shakespeare. It’s also as false as a “dicer’s oath.”

These commercials are designed to make people think that they can do anything they want in Vegas and no one will ever know. Speak to former education secretary Bill Bennett and you learn his multi-million-dollar slot-play losses didn’t stay in Vegas but made front-page news all over the world when “secret” casino files were released. These “what happens here stays here” commercials are recommending that people lie and cheat on their spouses and fiancées. They recommend giving fake names to people you meet so you can have “carefree” pickups. In short, they recommend the type of behavior you were taught from childhood to avoid – the type that is ultimately not healthy for your mind, body or spirit. Germs don’t stay in Vegas.

Now the massive Foxwoods, Connecticut casino came up with a truly nauseating commercial. It was a takeoff of The Wizard of Oz and had several weird looking people cavorting on the grounds of and in the casino. “Dorothy” looked as if she was seriously strung out. The others looked worse. What is the point of the commercial? That people who look like crack addicts have fun at Foxwoods?

Foxwoods competitor, Mohegan Sun, had its own strange television commercials. One highlighted a middle aged woman using her “psychic powers” to find a hot machine – as if such mysticism actually was the way to winning slot play. It isn’t of course. But it fuels the poor deluded slot players into thinking they too can find a fabulous machine just by using their psychic powers.

Perhaps the commercial that drives me to yelling at the television was Mohegan Sun’s “Nick Felder: I Am An Idiot!” commercial. Yes, I have named it that based on its content.

The commercial opens with a crowded craps table where everyone is madly cheering. A somewhat disheveled young man who has been shooting the dice turns and then walks towards the camera: “I don’t even know how to play this game,” he laughs. “But I’ve got them all fooled. It’s all in the game face, something I call ‘attack force delta.’ So tonight Nick Felder is the deadly green felt ninja. And tonight I’m faking it until I’m making it and no one is going to know the difference.” He then turns and goes back to the table where he shoots the dice and everybody cheers like maniacs even before the dice stop moving.

This commercial was not subtle in getting its points across. It explained that the casino prefers its players to be complete dolts at the tables. Certainly if an idiot such as Nick Felder, the green felt ninja, can play craps than you certainly can too. You don’t have to know anything. Just throw the dice and win! This commercial recommends stupidity as a primary criterion for playing its games, not knowledge of the odds, not knowing which are the best bets.

You have no idea of whether the craps game being shown in this commercial is a good one or a bad one or one in between. Because none of that matters. The casino isn’t selling a good game – it’s selling a mind set for the player or a mindless set to be exact. Just pretend, that’s all you have to do, and you can have “them” all fooled too.

Now to be fair, there are many good casino commercials – showing people enjoying the games, the restaurants, the shows and athletic events, the spas – none of them attempting to promote a mindset that is seriously absent the mind part.

In truth, casino games are tough enough to beat when you know what you are doing. “Faking it until you are making it,” is a sure way to economic disaster.

Frank’s latest books are Confessions of a Wayward Catholic!; I Am a Dice Controller: Inside the World of Advantage-Play Craps, and I Am a Card Counter: Inside the World of Advantage-Play Blackjack. Available from Amazon.com, Kindle, Barnes and Noble, ebooks and at bookstores.

 

Men, Women and Slots

 

According to a survey by Harrah’s a while ago, about 81 percent of all women casino gamblers played the slot machines, while only 66 percent of the men did so. The table games are dominated by men with craps having about a 90 percent male majority and blackjack and roulette seeing smaller male majorities, but majorities nevertheless.

The slots are still a woman’s world as they have been since the casinos started placing them on their floors.

Obviously women like playing the machines and many of the machines are geared to this female enjoyment. Note the number of new machines each year that have movie titles, television titles, or star titles as their branding. Most of these machines are clearly aimed at women – although the Clint Eastwood and comic book machines are obviously geared to men.

Why women prefer slots to table games in such a huge majority is not truly known with certainty. Maybe the tables seem more competitive, combative and judgmental. After all, no one tells you how to play the slots but many blackjack “experts” have no hesitation telling other blackjack players how to play their hands or scolding them that they just played a hand incorrectly. Whether the blackjack “expert” actually knows how to play is irrelevant – he thinks he knows how to play and that is enough for him to lambaste anyone who plays differently.

You will not get this kind of game interference at the slot machines. Other slot players don’t care whether you play one coin, two coins, or three coins or whether you are superstitious or happy or depressed or clinically insane. Most slot players exist in a world of their own, only occasionally interrupted by the screams of some other slot player who has just won a big one and can’t keep from yelling her good fortune to the world. Slot players rejoice when other slot players win and then they quickly go back to doing what they love to do – playing those machines.

While slot play is overwhelmingly the game of choice for both women and men, savvy slot aficionados recognize an interesting peculiarity in their slot-playing brethren. Slot players lose interest in all types of machines relatively quickly. They will play a given machine for a period of time and then abandon it. One slot player said, “I love the Elvis machines but I never won on them so I quit playing them and moved on to Betty Boop.” And what happened? “I didn’t have much better luck on Betty so I dumped her too.”

Like bad marriages, slot players and slot machines divorce rather often. Slot players are the Elizabeth Taylors of casino gamers – always looking for the perfect match and never finding it. This is probably due to the fact that most slot players lose most of the time on all of the machines. By switching machines so frequently, they hope to switch their luck. Unfortunately, the machines are not programmed to increase your luck. They are programmed to increase the casino profits.

Casino executives know of the brittle relationship of slot player to slot machine and that’s why each and every year you will note how many new machines make their way onto the casino floors. All casino gaming shows such as G2E (Global Gaming Expo) are dominated by new machines. There may be no difference in payouts between Betty Boop machines and Shirley Temple machines but they look different and sound different and the slot player will jump from one to the other hoping they are actually different.

The first law of slot machines is “keep them coming” because new machines will be tried by players. You will not see this same jumping around at table games. Craps players don’t abandon their favorite game because, win or lose, they love the game. Blackjack players are loyal as well. You will not see many new table games at gaming shows and while some new table games have gotten a foothold in the casinos but compared to the number of new machines out there, the number of new table games is infinitesimal.

The paybacks on slot machines make them tough sells. Most have edges over 5 percent and many have edges over 10 percent. These are big edges and in league with the high speeds with which slot players attack the machines, they add up to frequent and often large losses. Very few people will stay in a marriage where they are abused and slot players don’t want to stay at machines that have been cuffing them around for any period of time. So onto the new machines with hope burning in their hearts. Slot players are like a country and western song, “I Keep Losing My Love but I Never Give Up!”

Of course, if slot payouts were really generous, say 99.5 percent (the casino having a half percent edge in that case – an edge similar to a blackjack basic strategy player), then the chance is fairly good that the slot player will stick with such a machine come hell, high water, or new slot inventories. Getting some kind of return on a gambling investment is the best way for casinos to keep their players playing. The second best way is to offer new machines. The casinos prefer to offer new machines.

There is really no end in sight to the slot revolution that has taken place in the casinos. In 1984, in both Atlantic City and Las Vegas, the slots made more money than the table games for the first time ever and their growth since then has been nothing short of phenomenal. While 50 percent of all marriages end in divorce, most divorced people still want to get remarried. And slot players still want to play the machines even after they have divorced numerous previous machines. It’s the way of the slot world.

All the best in and out of the casinos!

Visit Frank’s web site at www.frankscoblete.com . Frank’s latest books are Confessions of a Wayward Catholic!; I Am a Dice Controller: Inside the World of Advantage-Play Craps, and I Am a Card Counter: Inside the World of Advantage-Play Blackjack. Available from Amazon.com, Kindle, Barnes and Noble, and at bookstores.

Streaking into 2018

 

Let’s talk about streaks. Every casino gambler, from the best of them to the worst of them, knows that all casino contests are streaky. You win some, you lose some; you win a few in a row; you lose a few in a row. You have good days; you have bad days.

Streaks and gambling go together like a horse and a carriage, love and marriage, Belvedere and a martini. We all know this for a fact.

However, some gambling pundits pontificate that the good and bad streaks even out in the games – which is not the case in almost all casino games. Indeed, if you are a betting man or woman wager your money on the fact that the casino will have more “good” streaks for them (good meaning they win more decisions or take a tax out of your winnings) than “bad” streaks against them. The players will face just the opposite situation. They will have more bad streaks and fewer good streaks.

The reason for this is in the nature of the games, which usually means the math of the games. Let’s take a look at the casino players’ favorite table game, blackjack. It is no secret that blackjack is a very close contest between the player and the casino – if (and this is a big IF) the player knows the correct basic strategy, the computer derived best play of each player hand against every dealer’s upcard.

In most traditional blackjack games, the player using correct basic strategy will face an approximately one-half percent house edge, which means a loss of approximately 50 cents for every $100 the player wagers. That’s a good game, pretty close.

However, blackjack is not the equivalent of flipping a coin where the player and the casino win half the hands and lose half the hands respectively. Absolutely not. The house will win approximately 48 percent of the hands; the player will win approximately 44 percent of the hands; and approximately 8 percent of the hands will be pushes (ties).

Clearly the house will have longer winning streaks and shorter losing streaks than the player because of these percentages. If there were no other betting options in a blackjack game, the player would lose $4 for every $100 he bet. Yet, the player does not lose this much; in fact, the player loses much less because blackjack has certain playing options that allow the player to get more money on the table in certain hands – he can double down on two cards; he can split; he can sometimes double down on his split hands; he might even be able to surrender his poor hands. A big benefit for the blackjack player is getting that 3 to 2 payout for a blackjack – with blackjacks appearing in about 5 percent of the hands.

These playing options bring the monetary edge of the casino down to that approximate one-half percent. Casinos that have instituted the 6 to 5 payout for blackjacks have therefore seriously hurt the players’ chances of winning at the game by drastically increasing the house edge.

At roulette the house is a solid favorite to have more winning streaks than losing streaks on the outside even-money proposition bets. On the red/black, odd/even, high/low propositions the house will win 20 decisions and lose 18 decisions. That translates into a 53 percent win rate for the house and a 47 percent win rate for the player. The house therefore is the favorite to have winning streaks, while the player is the favorite to have losing streaks.

On the center “straight up” wagers, the house wins 37 times and loses one time in 38 spins on average. Of course, no one would play the straight up wagers if the payout were one-to-one so the house pays 35 to one on these wagers. That brings the house edge down to 5.26 percent, which is fairly hefty. The only way the player can bring the winning and losing streaks even at roulette is to bet half of the numbers.

Unfortunately, while betting 19 numbers at roulette is a 50-50 game in terms of streaks, the house still wins more money since the payoffs are shortened by that 5.26 percent.

Craps puts the house in a favorable streaking situation on its most popular bet, the Pass Line. The house wins 251 decisions, while the player wins 244 decisions on this wager. While this makes it a very close contest you can see the house will have slightly longer winning streaks than losing streaks.

As with roulette’s straight up wagers, the proposition bets at craps are all long shots that pay less than their true odds. Take a bet such as the 12, known as boxcars, which has a one in 36 chance of appearing. Obviously, the player who bets the 12 each and every roll will find himself in enormous negative monetary streaks. However when he hits this number, the house doesn’t pay the win off at one-to-one as only the truly insane would then make such a bet. Instead, the house usually pays off at 30 to one – much less than the true odds of 35 to one, but far better than one-to-one. The house edge on this bet comes in at almost 14 percent, a huge edge nevertheless. You only have to be somewhat insane to make this particular bet.

All the carnival games such as Caribbean Stud, Three-Card Poker, Four-Card Poker, and Let it Ride also give the house a much better chance of having longer winning streaks than losing streaks against the player.

Let’s take Let It Ride as an example. While this game has a loyal following, that following plays a game where the house wins approximately 75 percent of the decisions and the players win approximately 25 percent of the decisions. The player will have much longer losing streaks; the house will have much longer winning streaks. However, to make up for this inadequacy, many winning hands at Let it Ride pay a premium bonus, bringing the house edge down to around three percent.

Information about the casino-favorable nature of streaks is not some arcane but useless knowledge. Knowing this tells you a very important thing – gambling systems based on the erroneous idea that the house and the player will experience the same types of streaks are wrong. Using them to win money at the games is a sure way to disaster.

Now you can streak into 2018 properly.

Read Frank’s Confessions of a Wayward Catholic!

Five Incorrect Craps Beliefs

Craps is a wonderful game where the player has a great chance to beat the house.  Craps is simultaneously a horrible game where monstrous house edges eat away at a player’s bankroll until it exists no more.

How can the same game be both glorious and forbidding? Because craps has so many different bets, some few which are good but most which are bad, that many craps players, not understanding or appreciating the math of the game and its impact on their bankrolls, will jump into the deep end of Lady Luck’s pool without a life jacket. None of the following are advantage bets:

Stupid Craps Strategy # 1: See a Number bet that Number!

Unfortunately unwary craps players, sadly adhering to foolish schemes such as numbers predictably getting hot promulgated by craps know-nothings, will go up against edges in the double figures. Such Everest-like edges are as great as or greater than slot-machine edges!

So why do craps players, many of whom are bright in their non-casino lives, make such foolish bets as the one-roll Horn bet (the numbers 2, 3, 11, and 12) after seeing a Horn number appear? One answer has to do with how the house edge actually works. In the short run play of the game certain streaks will happen that can blind the player. One or several Horn numbers might have just hit and the player thinks, “This is a streak that will continue!”

The player in this case is absolutely wrong. The streak might continue or it might not continue. In a random game there is no predictability, only probability. The Horn numbers have six ways of being made, which is about 17 percent of the time. In the long run that 17 percent give or take a fraction will be how often that Horn appears. And the house will take a nice fat cut when the Horn actually does appear. How much of a cut? Well, 12.5 percent. So if you bet $100 on the Horn every time a Horn number has just appeared you can expect to lose $12.50.

But players see a “winning hit or a winning streak” and have no idea that the house is grinding them down slowly but surely. The best way to think of gambling edges is to realize that every time you make that Horn bet you are losing 12.5 percent of your bet – whether you win the bet or lose the bet! The house edge works on the total amount wagered, not this or that win or loss.

So a player buying into this stupid strategy will lose. If he bets a Horn every time he sees a Horn, given a craps game with 120 decisions per hour, our bettor will see a Horn number appear 20 times and then bet on half of them. If our bettor dumps $10 on those 10 Horns his expected loss is $12.50 per hour. That’s too heavy a loss indeed.

Stupid Strategy # 2: Place Bets are Better Than Come Bets!

After the shooter has established his point and the player wishes to get up on other numbers, there are two ways to do this – he can make Come bets, where he puts his wager in the Come box and waits for the number to be established by the shooter’s subsequent throw or he can simply Place the number directly.

Many wacky gaming “authorities” believe that Place bets are better than Come bets because you can go up on whatever numbers you like, whereas the Come bet’s destination is solely in the hands of the shooter. Unfortunately the Place bets have such high house edges that selective betting does not overcome the low house edge of the Come bets.

Let’s see how this works.

A Come bet has a house edge of 1.41 percent. The Placing of the 6 or 8 has a house edge of 1.52 percent. The Come bet will lose a $10 player 14 cents each and every time he makes it. However, the player who places the 6 or 8 must place these numbers in multiples of six dollars. Thus, a $12 Place bet will lose the player 18 cents.

From there it gets worse. The placement of the 5 and 9 comes in with a four percent house edge. Our $10 Place bettor will lose 40 cents on each of these numbers. The placement of the 4 and 10 comes in with a whopping house edge of 6.67 percent so our player now loses about 67 cents for such placements.

Would you rather lose 14 cents or would you rather lose 18 cents, or 40 cents, or 67 cents?

In a random game, Place betting is far worse than Come betting; which is the end of the story.

What about the idea that you can take down your Place bets and that makes them superior? Sounds good but I have never seen a player take down his or her bets enough times to make Place betting superior to Pass and Come betting.

Stupid Strategy #3: Bet with the House and Beat the Game!

 There are some misguided players who believe that they can actually beat a random game of craps by betting the “don’t” or Darkside of the game. Here a player is betting that the shooter won’t make his point or number and will seven out – in which case the Darkside player wins.

Unfortunately, you cannot beat craps by betting the Darkside either. The very first placement of the Don’t Pass or Don’t Come brings the house edge hammering on your head because you will lose this first placement eight times and win it only three times. While the Don’t Pass and Don’t Come are actually good bets, the stupid notion is that somehow these bets are making you play on the casino’s side, guaranteeing a win.

Not so – the casino doesn’t need you as a partner, doesn’t want you as a partner, but prefers to take your Darkside money too.

Stupid Strategy #4: Increase Bets When the Table Gets Hot!

 Let me put this in flaming terms: The table never gets hot. Now in icy terms: The table also never gets cold. The table is just a table. Random shooters who have just hit 100 numbers without the appearance of a 7 have a 17 percent chance of hitting that 7 on the very next roll. They also had a 17 percent chance of hitting that 7 on the first roll, the second roll, the 40th roll, and the 73rd roll and with every other number up and down the line.

Every time you increase your bet because of what you just saw a random shooter do is simply losing you more money. If you had a Place bet of the 6 for $12 and you increased that bet to $24 because a 6 just hit a couple of times, the casino is going to extract 36 cents from that $24.

One more time: It is the total amount you bet that the house edge works on – whether you win or lose the bet is irrelevant! Therefore, increasing your bets into a random shooter will just lose you more money in the long run.

Stupid Strategy #5: In the Short Run All Bets are the Same!

 No, they aren’t. The following bets will give you a much lower chance of winning on any given session: the Any 7 (16.67 percent house edge), the 2 or 12 (13.89 percent), the Horn (12.5 percent), the 3 or 11 (11.11 percent house edge), Hard 10 or Hard 4 (11.11 percent), Any Craps (11.11 percent), Hard 6 and Hard 8 (9.09 percent) and on down the line it goes.

If you want to be a smart craps player then limit yourself to the good house edge bets like the Pass and Come or Don’t Pass and Don’t Come. Take the maximum in odds behind these bets and you will be giving the house a tough game – and giving yourself a decent chance of coming home a winner.

Even in the short run, bad is bad and good is good. Keep that in mind the next time you think of making a stupid craps bet.

Frank’s latest books are Confessions of a Wayward Catholic; I Am a Dice Controller: Inside the World of Advantage-Play Craps, and I Am a Card Counter: Inside the World of Advantage-Play Blackjack. Available from Amazon.com, Kindle, Barnes and Noble, e-books and at bookstores.

 

 

 

 

This Man Needs Advice

 

FROM NOT-KING-COLE: Do you have any wild ideas about gambling? I’m looking for a real escape. I mean it, I don’t mean just following the math of the games as you do but something really weird and wacky that is perfect for a night at the casino. Drinks, flirting with waitresses and just going wild; that’s what I am talking about.

I am sure you have heard of wild ways to play. Give me an example.

I have a boring job, a boss I hate, I mean I really hate this guy, and an overall dull day-to-day life. I’m miserable. Help me! Help me! I’m looking at the casino as my escape route. Come on, help a guy out. Give me the best advice you got for me to have some fun in order to put all the other BS in the back for a while.

Maybe with some fun in the casinos I can forget about things for a while.

Sign me Not-King-Cole!

FRANK RESPONDS: Not-King-Cole, you need more than just “wild” gambling advice. You need to fix your life and I don’t mean your betting life. Thinking about gambling is the last thing to do.

I know most workers are not in love with their bosses and some hate them as you do. You can look for another job or you can just accept the fact that your boss is your boss and you hate him but he is not in charge of your inner life. That life is yours and yours alone. Make good use of that. Don’t be the drunken guy at the end of the bar whining and moaning until he passes out. I’ve seen too many of those – lost lives often ranting and raving over things they have no real knowledge of.

So you have a dull life? Read books; watch some good documentaries; take yourself out of yourself for a while. Join a club or society that does some good things. You make your life dull or not dull. No one else does.

You have more free time at home than at work. So that time is precious. Make use of it. Gambling is not a savior for anything; not for anything at all. It is just entertainment, hopefully in a life that has more meaning than just letting it all hang out drinking and flirting with waitresses who will be annoyed at guys who leer at them.

I am not going to give you any gambling advice. You seem to be – based on your short letter – someone who could use gambling in the worst possible way.

Please take care of what really needs to be taken care of. And I wish you the best.

Frank Scoblete’s latest books are I Am a Dice Controller: Inside the World of Advantage-Play Craps, Confessions of a Wayward Catholic and I Am a Card Counter: Inside the World of Advantage-Play Blackjack. Available from Amazon.com, Kindle, Barnes and Noble, and at bookstores.

Dealer Signatures in Roulette

 

Casino dealers often get into the same easy rhythm when they deal and this is true of roulette dealers as well. They pick up the ball and spin it the same way every time, and they also give that ball the same “oomph” as well. The ball will tend to spin around the roulette wheel the same number of spins as it did the previous spins and it should therefore land approximately the same number of pockets from where the dealer picked up the ball.

If the dealer can actually achieve what I just wrote it is called a dealer signature; the dealers own particular fingerprint on the game. Obviously no two dealers would be alike in how they do this and thus no two fingerprints would be the same.

Is this really possible? Can dealers actually have such signatures? Or is this kind of thinking just wishful thinking; the same kind of thinking that leads players to believe in trend betting and the like? The opinion of experts is divided. A few say it is possible; more say it isn’t possible and the pains-in-the-neck experts say it is theoretically possible but probably not actually possible at a real roulette wheel.

I tend to lean more towards those who believe this is possible with strong reservations. However, if a dealer has such a signature I would think it is somewhat ephemeral and would not necessarily be manifested as often as players looking for it would like.

If a dealer’s signature were unconscious; that is, the dealer is really not aware of what he or she is doing, then it would take thousands of rolls of the ball with each of perhaps hundreds of experienced dealers to ascertain if the concept had any merit. There has never been a study such as this (as far as I know) because it would take the patience of Job to do it.

If the dealer’s signature were conscious then that would be a totally different story. Such a dealer would have the ability to make his friends, his family and himself a bundle of money over time – and if he were caught he’d be playing the uncomfortable game of prison roulette. So such a conscious talent might be used subtly to nail players the dealer didn’t like; help those the dealer did like; and maybe make some money on the side for an occasional friend or family member.

Roulette dealers disagree as to whether such a thing as a signature is possible. In fact, they doubt whether the unconscious or conscious creation of signatures exists at all. Very few dealers of the dozens of dealers I have spoken to believe signatures actually exist. They are more skeptical than the experts – actually, the dealers are the true experts here and they should probably be listened to.

However, if a signature study were done, could it successfully determine once and for all if the signature exists on the part of some dealers? Don’t be so quick to say yes because there are several factors that might make the study invalid or impossible to do.

Thinks of this: How could a person, notebook in hand, stand by a dealer’s table, then follow that same dealer from table to table, day after day, recording her spins without the dealer becoming uncomfortably aware of such a person? Maybe the dealer might at first think that the wheel was being observed for flaws, but this still might cause him to alter his spin to stop the player from determining what that wheel’s flaw is.

Anything that is dealer-dependent could be immediately changed when the dealer becomes aware of being watched. As in quantum physics, the observer interferes with the observed by the mere fact that he is observing. In such a case you can probably forget about ascertaining a dealer signature. I think the discovery of a dealer signature in real casino play is probably impossible if one wishes to have dealers followed for any prolonged period of time. Therefore, the dealer signature might exist but might not be able to be proven beyond a shadow of a doubt.

There is also another problem in proving dealer signatures. Roulette wheels do slow down over time, so the movement of the wheel from time “A” to time “B” could be different enough to affect how many pockets pass the ball by as the ball spins around the wheel. The dealer might do everything the same exact way but with each ball-spin she is playing into a fractionally different wheel speed and dealer signatures would end differently around the wheel as the wheel slowed somewhat. A researcher would then be required to analyze the pattern of the signature over different wheel spins – an impossible task in my estimation.

If dealer signatures truly existed, they would be exploitable in short-term play, as the gradual slowing of the wheel’s speed would not affect the signature quite so drastically.

So what should you do?

If the dealer signature exists, then it will help you to win if you could actually figure it out. And if it doesn’t exist, you won’t hurt yourself anymore playing that way than you would hurt yourself playing any other way. You would face the same house edge we would have faced had you played any other kind of layout strategy. So have some fun and go ahead and see if you can figure out a dealer’s signature. It might be like searching for Bigfoot but it’s worth a try.

Frank’s latest books are I Am a Dice Controller: Inside the World of Advantage-Play Craps, Confessions of a Wayward Catholic and I Am a Card Counter: Inside the World of Advantage-Play Blackjack. Available from Amazon.com, Kindle, Barnes and Noble, and at bookstores.