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IN THIS ISSUE |
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TOP NEWS |
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Bonus Offers
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Golden Tiger Casino is offering a match bonus of up to $250! All you have to do is download the software, register as a real user, and make a deposit of up to $500 and your account will be credited with a 50% bonus of your deposit of up to $250 Free! |
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STRATEGY |
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Slots
Maximum Coins In = Maximum Advantage Out
Dear Mr. Pilarski,
Time and again, even from such esteemed sources as Visiting Vegas type shows on The Travel Channel, and perhaps even your feature (I don’t recall), I continually hear the advice to play the maximum coins (usually five) in the slot machines. Why is that? My question is prompted because everyone seems to push playing maximum coins. E. W.
For almost all multiple-pay and multiple-play machines, the maximum coin line tends to yield a better percentage payback. Note on the paytable the proportional difference in the size of your payoff. Example: One coin inserted pays 500 coins; two coins: 1000 coins; three coins: 4000 returned. You clean up when that third coin is played. Play fewer coins, E. W., and the casino advantage rockets north. That is why esteemed sources, and myself in the past, (love that! Good company...) suggest playing the maximum coins allowed to yield a better payback percentage. If playing the maximum amount happens to be a budget buster, those same esteemed sources and Yours Truly will also recommend switching to a lower denomination machine. Can’t hack playing $3 a yank? ...play 75¢ instead.
There are, however, a few machines that do return 500 for one coin inserted, 1,000 for two coins, and 1,500 for three coins. If you happen to come across this sort of proportional paytable, you wouldn’t need to play the maximum amount of coins to get full value from this machine.
Dear Mark,
Everything I’ve seen about the vigorish on video poker includes maximum coin play with a royal flush. If the royal is excluded from the computation, what is the vigorish on a 9/6 machine? Mike H.
For inquiring minds, what Mike meant by a “9/6 machine” is that it’s a Jacks or Better machine paying 9 for a full house, 6 for a flush, with one coin inserted.
Jacks or Better video poker with maximum coin play has a house edge of 0.5%. Excluding the royal flush, the casino’s advantage would be approximately 2.5%. Here’s a barnyard math way of viewing it. If, for instance, you were to play 600 hands per hour on a $1 Jacks or Better 9/6 machine, you can expect to lose about $75 per hour, on average, for each hour you play without hitting that phantom royal flush.
Dear Mark,
I need an alternative to my recent losing ways in the casino. I have recently discovered mini-baccarat. Is there any secret to this game, such as, betting on the tie? Sally D.
The secret to baccarat, Sally, is that there is no secret, so long as you stick to the Banker or Player wagers. You will not break your “lose everything, win nothing” track record by betting on a high vigorish proposition bet such as the tie wager, when the two other, far less punishing, alternatives are available.
As for that tie bet, it is the only proposition wager on the table, and a lousy one to boot.
Statistically, a tie appears every 10.5 hands, but the casino is willing to pay you only 8:1, which gives the house a 14.4 % edge on a tie wager.
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POKER |
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Celebrity Poker
The Fascination With Celebrity High Rollers
The elusive world of poker has come a long way from its seedy roots of shady, Mafioso-type characters playing No Limit Hold’em in dingy, underground gambling dens. Today, it is very much a part of everyday life, sexed up with a peppering of celebrity and television coverage. Thanks to the internet, this old game has also managed to reinvent itself and appeal to a younger generation, with the likes of Ben Affleck, Toby Maguire and Leonardo DiCaprio all helping to propel poker’s profile into the stratosphere. Quite literally, the face of poker has now been replaced by college kids in their dorm rooms or women in their pyjamas playing poker, all influenced by the glamorous image poker now has.
Full Story
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POKER |
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The Top 3
Poker Today: The Top 3
The world of professional-level poker is not one world but several. There's the world of the old-school career professionals who made not only their living in the pursuit of the game but defined the game itself. Then there are the current pros, those at the top of their game who's names fill the "Who's Who" lists around the world. And finally the new names, the big tournament winners who have seemingly come from nowhere to stand center stage in the spotlight now focused on professional tournament poker.
If we accept for the time being that the old school pros are more about the history of poker than the face of poker today let's turn our attention to the others and see who we might consider to be the "Top 3" in the game today.
Full Story
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SPORTS |
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CFL
Can Ricky Carry The Argos To A Title?
When Ricky Williams signed with the Toronto Argonauts, they instantly became one of the favorites for the Grey Cup. But should the betting public place all their faith in one player?
Full Story
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EDITOR |
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World Series of Poker Odds
Steve Johnson, Gambling Newsletter
The grand daddy of poker events, or World Series of Poker, is set to start at the Rio All Suites Hotel and Casino on July 29 and Phil Ivey has been installed as the early favorite listed at +3000 while Joseph Hachem who won last year’s event is currently listed at +6000. Other notables such as Johnny Chan, Daniel Negreanu, and Phil Hellmuth Jr. are listed at +10,000, +8,000, and +10,000 respectively.
The event will start on July 29 and last ‘til August 10th. At the final table, players will begin with $10,000 worth of tournament chips with a break every round. A winner will be crowned at the end of all that.
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See you in couple of weeks!
Steve Johnson, Editor
editor@gamblingnewsletter.com
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