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*** Gambling Newsletter ***
Hot News and Winning Strategies for Gamblers
Volume 4 Issue 47 - 16 June 2006
IN THIS ISSUE
TOP NEWS: Bonus Offers
STRATEGY: Wins and Woes
POKER: Sit and Go Introduction
SPORTS: Sports Betting
EDITOR: New Online Payment Method?
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TOP NEWS
Bonus Offers
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STRATEGY
Wins and Woes
Mark Pilarski
Counting’s wins and woes
Dear Mark,
Can a casino shuffle-up early, even on a multi-deck game, before the cut
card appears? Are they trying to stop card counters? I’ve had this done
to me on different occasions and was wondering if it is legal. Pat P.
Ordinarily a dealer inserts the cut card anywhere from the halfway point
to 75% from the top of the deck(s). Because counters gain their
advantage the deeper they can penetrate into the deck(s), casinos will
thwart a counter’s profit potential by inserting the cut card closer to
the front.
Since counter profits dwindle when the cut card is inserted closer to
the front, which by the way is legal, consistent winning for the card
counter becomes much more difficult since counters can capitalize on
higher plus and minus counts when they were allowed to access the deck
deeper.
Casinos everywhere may also legally shuffle the deck(s) before the cut
or burn card presents itself. If management suspects a player of card
counting, they may “shuffle-up” on him without warning, even after just
a few rounds have been dealt on a multi-deck game, or even after the
first round on a single deck.
Premature shuffling destroys the advantageous situation counters
typically enjoy. The successful card counter avoids the early shuffling
countermeasure by camouflaging his play and remaining undetected by pit
personal.
Dear Mark,
It has been well established, even by you in this column, that you can
gain a mathematical edge counting cards in blackjack. Do you believe the
same holds true for baccarat? Danny R.
Baccarat is a card game with one major similarity to blackjack, Danny.
Once the cards are dealt, they are then placed in a discard rack and do
not reappear until the shuffle. In theory, knowledge of the remaining
cards can be used for an applicable counting system. Because counting
does works in blackjack, some believe a card-counting system can/should
work for baccarat, being that the effect of removing any given card from
the game favors either the player or the house.
That said, personally I’m not willing to expend my already depleted
brain cells and count down eight decks of randomly shuffled cards for a
hypothetical, minuscule off-balance in my favor, especially when playing
baccarat either drunk or stupid the house only holds a 1.17 or 1.36
percent house advantage on the bank or player bet.
Even two leading authorities on counting systems, Peter Griffin and
Edward Thorp, believe baccarat is not a countable game. As a matter of
fact, Griffin’s analysis showed that a card-counter could earn less than
ten cents per day by using the strongest possible count system. Talk
about minimum wage!
Likewise, I’ll band with Thorp and Griffin, even though I once learned a
supposedly simple counting method that an old-time pit boss named Dennis
taught me when I first learned to deal mini-baccarat. I’m sure it was
for my amusement and not to protect the casino’s war chest, since we
seldom saw a wager over five bucks, but he told me to count the 4s and
6s as they left the shoe. He said when 4s exit the deck, statistically
the player should be betting on the banker, and when 6s come out, the
player wager is the smarter bet.
Is this count method practical? Hell if I know, but one thing Denny was
always good for was free after shift drinks at the casino bar.
------
POKER
Sit and Go Introduction
Sit and Go tournaments, also known as SNG, are an extremely popular
choice for the online poker society and for good reason. For beginners,
SNG is a good choice since it offers players a chance to train in many
areas of the game for a limited amount of money. It is fun, exciting and
plays a lot like a final table of a tournament. If you’ve ever watched
any poker shows on TV, you know what I mean.
Full story at:
http://www.pokerforum.com/content/PokerForum/article4023.html
------
SPORTS
Sports Betting
Karl Yu
[http://www.winneronline.com/articles/june2006/worstsportsbetscandals-I.htm]
Worst Sports Bet Scandals: Part I
Sports and betting are two things that seem to go hand-in-hand. Bettors
in the countries of England and the United States love football—albeit
different versions—and wager huge amounts of money on it. Bettors in
Canada always like to make a trip to their local corner grocery store so
that they can bet on hockey through the many sports lotteries. When the
NCAA college basketball tournament comes around people scramble to get
their brackets filled out. If one is not a gambling addict, betting on a
sporting event can be good fun.
Full story at:
http://www.winneronline.com/articles/june2006/worstsportsbetscandals-I.htm
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EDITOR
New Online Payment Method?
Steve Johnson, Gambling Newsletter
Online gamers were horrified when Ebay and online payment service PayPal
threw their support in favor of Rep. Bob Goodlatte’s and stopped
accepting payments from poker sites and online sportsbooks.
With the U.S. trying to crackdown on the online gaming industry and an
outright ban a distinct possibility, it is becoming increasingly harder
to play poker and place bets in the meantime and in between time.
Payment services like Neteller and FireOne have been quick to capitalize
on jilted poker players and bettors alike.
FireOne has processed approximately $300 billion in transactions for
online gamers, while Neteller processed $7.3 billion in 2005.
But both companies are about to get some big competition as search
engine Google is looking to enter the payment service fight.
Despite all of Washington D.C.’s anti-gaming rhetoric, word has it that
Google is looking to introduce its payment service, christened GBuy, and
is already being tested by several retailers. Essentially a GBuy pop up
like icon appears next to selected words or AdWords.
Officials at Google are saying that the new system is not like PayPal.
*See you in couple of weeks!*
Steve Johnson, Editor
editor@gamblingnewsletter.com
********************
This week's Gambling Newsletter sponsored by
Music Hall Casino
$500 Free at Music Hall Casino!
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********************
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