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Wizard
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April 18th, 2012 at 8:00:36 AM permalink
In the interests of full disclosure, I would like to say that I have closed my private consulting business to focus on just one client, the Sands, which is the parent company of the Venetian. The income to me should be about the same, but I anticipate that it will be more interesting and less stressful to concentrate on one client, than juggling dozens.

I would prefer that I didn't have to consult at all, but I have three kids in expensive private schools, and lost at least half a million dollars, including my bankroll, in the Vegas real estate meltdown.

Unlike some in the world of advantage play, I have no moral compunction about playing both sides. I see it as a game. Sometimes I use the white pieces and sometimes the black ones. To be honest, for the skills that I have, the money is a lot better with the black ones.

What does this mean to my readers? Not much. However, I do wish to disclose who puts rice on my table, to avoid any conflicts of interest.


The Dark Side has cookies
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Nareed
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April 18th, 2012 at 8:06:15 AM permalink
Congratulations!

I just hope you won't find yourself moving to Macau any time soon ;)
Donald Trump is a fucking criminal
MathExtremist
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April 18th, 2012 at 8:10:29 AM permalink
Quote: Wizard

but I anticipate that it will be more interesting and less stressful to concentrate on one client, than juggling dozens.


You are correct, at least about the stress part. :)

Quote:

Unlike some in the world of advantage play, I have no moral compunction about playing both sides. I see it as a game. Sometimes I use the white pieces and sometimes the black ones. To be honest, for the skills that I have, the money is a lot better with the black ones.


I'd alter that analogy a bit: sometimes you use the white pieces, sometimes the black .. but sometimes you're the chessboard. The chessboard isn't concerned with who wins -- it just handles the action.

Where'd you get the cookie? And is this why you needed the suit?

Congratulations, and I hope your new arrangement takes you to where you want to be.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
CrystalMath
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April 18th, 2012 at 8:11:09 AM permalink
Well, I'd like to thank you for all the work you've done. When I got started in the business, testing slot machines, I had a special affinity for math, so I would work on it any chance I got. When I wanted to verify something, or learn, I would usually visit your site - it was always satisfying to say "I got the same answer as the Wizard of Odds." You are definitely the gold standard.

Congratulations on a less stressful gig and I hope it works well for you.
I heart Crystal Math.
WongBo
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April 18th, 2012 at 8:14:34 AM permalink
As much as I hate to see an AP work for the casinos,
you have done far more than anyone in history to
educate the public on how to play the games offered by the casinos.
You deserve to be rewarded for that and if that means deciding to work for the LV Sands Corp, than so be it.
You are still doing far more for the players whether they know about it or choose to follow your advice.
I have to say on a side note that my two experiences with Sands Corp. Have been great.
1. The Venetian comped my boyfriend a room based on my play there even though they were not assured that I would be making the trip.
2. Sands Bethlehem, PA lowered a pai gow tiles table limit for me so I could play at a non-smoking table and at a lower limit.
Best wishes with your work for them. Be sure they know that getting stingy and greedy like Caesars is not the answer!
In a bet, there is a fool and a thief. - Proverb.
DJTeddyBear
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April 18th, 2012 at 8:24:48 AM permalink
Congrats.

I would ordinarily say "Best of luck in your new venture." Perhaps it is more appropriate to say, "I trust it's a good bet."



Quote: Wizard

I have closed my private consulting business ...

Hmmm....

Since the work you did for me on Poker For Roulette was one of the last consulting projects you did (dare I say the last?), I don't know if I should be very grateful for the fantastic work you did, or guilty for pushing you over the edge.

I hope it's the former!
Last edited by: DJTeddyBear on Mar 21, 2021
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
aluisio
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April 18th, 2012 at 8:27:55 AM permalink
Hey, Mike! Congratulations on this new 'era' of your carreer. I am really happy about you and want you to know that I have a feeling that most of your readers will be there supporting you.
One question: will you still be updating the Wizard of Odds / Wizard of Vegas? ;)
Best wishes!
No bounce, no play.
TIMSPEED
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April 18th, 2012 at 8:39:37 AM permalink
Congrats Mike!
So now when I say what you do..you're now an employee of the LV Sands Corp...NICE!
I think they're the highest grossing casino corp (Higher than CZR!)
Gambling calls to me...like this ~> http://www.youtube.com/watch?v=4Nap37mNSmQ
Juyemura
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April 18th, 2012 at 8:48:17 AM permalink
Congratulations! I say that the next WOV convention should be held in a massive suite at the Venetian!

It would be nice if your new official Sands business cards could say, "Wizard of the Venetian!"
Lottery:  A tax on people who are bad at math.
rainman
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April 18th, 2012 at 8:55:46 AM permalink
Everybody has to put food on the table. Hey could you make the first consultation about all sands corp properties paying 3/2. :)
slyther
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April 18th, 2012 at 9:04:05 AM permalink
I have a couple small V DeepStack Extravaganza cashes under my belt. Love playing poker there. Congrats on the new post.
teliot
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April 18th, 2012 at 9:06:38 AM permalink
Mike,

I support you on this 100%, and welcome to the dark side, we have cookies.

BTW, some may not get the cult reference you are making with that cookie metaphor, so here are a few links for your readers:

Think Geek
Amazon
Noisebot

I think you should get one of those t-shirts and wear it to WoVCon.

Best wishes for your success with your new professional direction. I know it's going to be exciting for you to dive into the industry from a new direction. And say "hi" to Sheldon for me, and tell him to give Newt another $500 for that bounced check.
Climate Casino: https://climatecasino.net/climate-casino/
teddys
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April 18th, 2012 at 9:13:49 AM permalink
Congrats on the gig. I'm sure you'd like to remain a player advocate exclusively, but beans is beans. We can all relate to that. You've done a fantastic job with WoV and WoO so let me join the chorus by saying you are entitled to step to the "Dark Side" for a while.

For what it's worth, I have tremendous respect for the LVS corporation. Say what you will about Shel Adelson; he knows how to run a profitable gaming empire.

Too bad we won't be seeing the Palazzo review from you any time soon.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
bigfoot66
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April 18th, 2012 at 9:21:05 AM permalink
Wonderful News. Very excited for you! I just hope that Mr. Adelson doesn't make you support that terrible Newt Gingrich ;)
Vote for Nobody 2020!
MrCasinoGames
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April 18th, 2012 at 9:21:54 AM permalink
Congratulation Mike.
Stephen Au-Yeung (Legend of New Table Games®) NewTableGames.com
Nareed
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April 18th, 2012 at 9:23:24 AM permalink
Quote: teliot

BTW, some may not get the cult reference you are making with that cookie metaphor, so here are a few links for your readers:



I thought it was Star Wars related. I mean, the Empire ahs the Death Star and the Star destroyers. The Rebels have the X-Wing fighter.

Anyway, a couple of observations:

1) Good thing the Wizard reviewed the venetian before taking this job.

2) Mike, we'll have to play the don't on craps together when I'm in Vegas :)
Donald Trump is a fucking criminal
rdw4potus
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April 18th, 2012 at 9:31:22 AM permalink
Stream of consciousness:

OOH, that's awesome!
Wait, no client diversification?
Well, like LV Sands is going anywhere...
OOH, that's awesome!
MMM...cookie...
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
WongBo
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April 18th, 2012 at 9:39:31 AM permalink
LV Sands is the strongest casino stock at the moment.
It's up about 35+% for the year so far.
Earnings report next month.
In a bet, there is a fool and a thief. - Proverb.
s2dbaker
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April 18th, 2012 at 9:40:42 AM permalink
I would take back all of the bad things that I've said about Shelly Adelson except that I meant them. Good luck on the new gig.
Someday, joor goin' to see the name of Googie Gomez in lights and joor goin' to say to joorself, "Was that her?" and then joor goin' to answer to joorself, "That was her!" But you know somethin' mister? I was always her yuss nobody knows it! - Googie Gomez
Ibeatyouraces
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April 18th, 2012 at 9:43:05 AM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
odiousgambit
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April 18th, 2012 at 9:51:11 AM permalink
As long as you don't start saying, "gee, I find myself agreeing with PaigowDan all the time now" [g]

[sorry, Dan, but a poke at you seems necessary so I can have my little joke]

good luck in your new business!
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
WongBo
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April 18th, 2012 at 9:52:56 AM permalink
Quote: s2dbaker

I would take back all of the bad things that I've said about Shelly Adelson except that I meant them. Good luck on the new gig.



I completely agree that the world will be better place when he kicks the bucket...
In a bet, there is a fool and a thief. - Proverb.
Woldus
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April 18th, 2012 at 10:01:12 AM permalink
Congrats! Sounds like a nice gig....

Does this mean you won't be selling an CC's or Fresh Dumps anymore?
WongBo
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April 18th, 2012 at 10:03:38 AM permalink
I imagine it was getting tough for the Wizard to find a casino where he could play high limit blackjack!
As my father told me when i told him i was going to start hanging out in casinos..

"A paycheck is always better than a crap check"
In a bet, there is a fool and a thief. - Proverb.
Wizard
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April 18th, 2012 at 10:07:33 AM permalink
Thanks for all the comments and questions. Let me try to catch up.

As mentioned, I'm working at the corporate level, and as I understand it, will be working on issues with Macau and Singapore just as much as Vegas. Actually, the Venetian in Macau spells it Macao. That will be a hard habit to get into, as most people, including me, spell it with a U. So, I'm hoping to spend more time in Macau, but don't see moving there.

Good comment about the chessboard. I view my sites like that, as a source of information for everybody about the game itself.

That is a black and white cookie from the Venetian. There is a small fast food area and I think it was a sandwich shop that sells them. It was quite good.

Yes, Poker for Roulette is one of the last games I will have helped develop. Just when I thought I got it off my desk DJTB put it back on, but I promise I'll get it back to you shortly. That is one thing about the gaming consulting, it seems once you start a game you never truly have a sense of closure with it. It happens all the time that a client will ask a question about a game I did ten years ago, and expect me to have an answer off the top of my head. Meanwhile, everybody wants a fixed quote, which makes it hard to price anything.

Yes, I plan to spend just as much time on my sites as I ever did. I will be hiring somebody to help with some of the more mundane tasks, and do some writing, but my readers should not notice much of a difference. If anything, I'm hoping the quality of my sites will actually be better as a result.

I'm pretty sure the number of 6-5 blackjack tables with any Sands casino is zero. Correct me if I'm wrong. As I said on my radio show, the only Strip casinos with no 6-5 blackjack are the Venetian, Palazzo, Aria, and Bellagio.

If I must work for anybody in Vegas, I'm proud to be on the Venetian's team. They are a classy place, and have always treated me right when I played there. Say what you will, but it is hard to knock success.

By the way, this will be the second time the Sands offered me a job. The first time was when I was in the shopping area at the Venetian in Macau. There were two jugglers doing their act. Between tricks I asked to pass pins with one of them, which he kindly agreed to. Actually, he didn't speak English, but I managed to communicate my request in mime. Then a crowd gathered and lots of pictures were taken. Afterward somebody dressed in a suit with a Venetian badge said "How would you like job here?"

"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Ayecarumba
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April 18th, 2012 at 10:09:53 AM permalink
Congratulations on the new gig Mike!

I am curious how they feel about your Bovada connection. Are you still considered an independent contractor, or are you able to get dental benefits from Sands?
Simplicity is the ultimate sophistication - Leonardo da Vinci
Paigowdan
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April 18th, 2012 at 10:34:39 AM permalink
Quote: odiousgambit

As long as you don't start saying, "gee, I find myself agreeing with PaigowDan all the time now" [g]

[sorry, Dan, but a poke at you seems necessary so I can have my little joke]

good luck in your new business!



I love it. Poke away, my ass never gets too sore in this business, try as they may.

I'm glad for Mike; good for him, he did what is best for his needs and his life, and in support of gaming.
I've always viewed the Operators and distributors who work diligently to provide us with our fine gambling outlets as the good guys who should be supported. I've viewed casino cheats, shot-takers, and grinders as the bad guys, - as opposed to the knowledgeable and finely-behaved gamblers who play by the rules as the good guys, too.

Good for Mike. And if he finds himself not so such agreeing with me, but seeing this side of the matter, no shame here. Old AP's never die, some just grow up. [My little poke here, yuk-yuk.]
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
MrRalph
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April 18th, 2012 at 10:55:55 AM permalink
Congrats!!

You have done as much or more for the player side as any of the gaming authors ( since most of them at one time or another refer to your work). You should get compensated for the education you have given us. I hope this venture helps you get where you want to be. Good Luck
DJTeddyBear
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April 18th, 2012 at 10:55:58 AM permalink
Quote: DJTeddyBear

Since the work you did for me on Poker For Roulette was one of the last consulting projects you did (dare I say the last?), I don't know if I should be very grateful for the fantastic work you did, or guilty for pushing you over the edge.

Quote: Wizard

Yes, Poker for Roulette is one of the last games I will have helped develop. Just when I thought I got it off my desk DJTB put it back on, but I promise I'll get it back to you shortly. That is one thing about the gaming consulting, it seems once you start a game you never truly have a sense of closure with it. It happens all the time that a client will ask a question about a game I did ten years ago, and expect me to have an answer off the top of my head. Meanwhile, everybody wants a fixed quote, which makes it hard to price anything.


Oy.

You confirmed that I was among the last, but completely skipped the part about pushing you over the edge. Should I feel guilty? Maybe you shouldn't answer. But, it makes me happy that I put a payment in the mail ... yesterday ...
Last edited by: DJTeddyBear on Mar 21, 2021
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
boymimbo
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April 18th, 2012 at 10:58:05 AM permalink
Congratulation, oh great wizard. Like you said, you gotta put rice on the table. There was a time in my life where I worked for one primary person and then had 4 - 5 consulting gigs on the side. I never was happy with the consulting results as I never had enough time to truly make them happy. And my full time work suffered as well. Hopefully, you will have less stress now, and hopefully operating WoV and WoO will won't put you over the edge in terms of stress.

You are truly great at what you do, and I wish you the best of success in your new ventures.
----- You want the truth! You can't handle the truth!
midwestgb
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April 18th, 2012 at 11:25:02 AM permalink
Congratulations, Wizard.

Find us a table at the Venetian or Palazzo. My offer stands... ;-) :-)
thecesspit
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April 18th, 2012 at 11:38:42 AM permalink
Nice work, sir. Enjoy the new company, and investigate the relationship between hold and the air-con perfume they use in LV :)
"Then you can admire the real gambler, who has neither eaten, slept, thought nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire for a coup at trente-et-quarante" - Honore de Balzac, 1829
hook3670
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April 18th, 2012 at 12:02:27 PM permalink
Mike Congrats on the new gig, it sounds exciting and like a great oppertunity.
mantic59
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April 18th, 2012 at 12:07:27 PM permalink
Congrats oh mighty Wizard (even though I still haven't figured out exactly what you'll be doing for them...). Perhaps I will see you next month when my wife and I visit The Big V for our 10th wedding anniversary (we were married in a gondola on the canal).
teddys
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April 18th, 2012 at 12:11:12 PM permalink
Quote: mantic59

Congrats oh mighty Wizard (even though I still haven't figured out exactly what you'll be doing for them...).

As far as I can tell, "consulting" is something you do when you get really, really good at something and no longer need to be beholden to an employer, but instead can hire yourself out to multiple companies and clients in an exclusive working relationship. It typically does not include benefits, stock options and the like, but it could. Typically, it pays very well. It is a cyclical profession that grows when a particular industry is doing well.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
NicksGamingStuff
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April 18th, 2012 at 12:21:42 PM permalink
If you ever find yourself needing an assistant there....
FleaStiff
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April 18th, 2012 at 12:24:10 PM permalink
Congratulations and best wishes for the future.
EvenBob
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April 18th, 2012 at 1:31:25 PM permalink
After looking up 'gaming consultant', I see the term covers
a wide variety of topics and jobs. What will you mainly
concentrate on at the Sands properties. New game development,
player reward analysis, current game analysis, etc. There
are so many topics under the umbrella of gaming consultant
that its really quite daunting.


"It's not called gambling if the math is on your side."
MathExtremist
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April 18th, 2012 at 1:38:37 PM permalink
Quote: EvenBob

There
are so many topics under the umbrella of gaming consultant
that its really quite daunting.


Tell me about it...
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
CrapsForever
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April 18th, 2012 at 1:59:27 PM permalink
Congrats Wizard!

Now...PLEASE get the Sands to build a Casino that offers Craps in South Florida and I will be indebted to you forever...
Craps is the most "Jekyll and Hyde" casino game ever invented!
EvenBob
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April 18th, 2012 at 2:09:14 PM permalink
Quote: Wizard

Unlike some in the world of advantage play, I have no moral compunction about playing both sides. I see it as a game. Sometimes I use the white pieces and sometimes the black ones. To be honest, for the skills that I have, the money is a lot better with the black ones.



OK, I read this statement half a dozen times and
don't know which side the 'black ones' represent.
Could be the 'dark side', could be the AP side.
"It's not called gambling if the math is on your side."
aluisio
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April 18th, 2012 at 2:22:56 PM permalink
Quote: EvenBob

OK, I read this statement half a dozen times and
don't know which side the 'black ones' represent.
Could be the 'dark side', could be the AP side.



I think that by black you recall dark side, which is the "casino's side".
No bounce, no play.
mantic59
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April 18th, 2012 at 2:29:33 PM permalink
Quote: aluisio

I think that by black you recall dark side, which is the "casino's side".


Maybe it was just the cookie he ate? :)
aluisio
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April 18th, 2012 at 2:30:56 PM permalink
Quote: mantic59

Maybe it was just the cookie he ate? :)



I really don't know, but it looks like that anything can become tricky after reading it a dozen times...
No bounce, no play.
Wizard
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April 18th, 2012 at 2:47:29 PM permalink
Thanks for the continued kind words. A couple people asked if I could keep my sites. Yes, absolutely.

I'd rather not get into the details of what I'm doing and on what basis, as that is between me and them. However, it should be safe to say that my title will be "director of gaming mathematics."

About the chess pieces, or the cookie, the colors don't matter. My point was that while both sides are trying to win, neither color is morally superior.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
mantic59
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April 18th, 2012 at 2:51:53 PM permalink
Quote: Wizard

I'd rather not get into the details of what I'm doing and on what basis, as that is between me and them. However, it should be safe to say that my title will be "director of gaming mathematics."


OK, *that* makes sense.
FinsRule
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April 18th, 2012 at 2:57:22 PM permalink
Congratulations, well deserved!
Nareed
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April 18th, 2012 at 2:58:56 PM permalink
Quote: Wizard

About the chess pieces, or the cookie, the colors don't matter. My point was that while both sides are trying to win, neither color is morally superior.



Well, not morally. But in pastries chocolate fondant bears some ressemblance in taste to chocolate, while vanilla might as well be plain sugar fondant ;)

BTW There's a sort of similar pastry in mexico called "espejo." It's also about as big as the palm of a hand, but the icing or fondant is all one flavor, typically chocolate, "vanilla" or strawberry. Sometimes it has sprinkles. The cookie itself is hard but crumbly.
Donald Trump is a fucking criminal
EvenBob
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April 18th, 2012 at 3:06:07 PM permalink
Quote: Wizard

My point was that while both sides are trying to win, neither color is morally superior.



I started reading WoO in early 2006. I remember in
one of your Ask the Wizard answers prior to 2006,
you said you would willing to consider a job as a
casino consultant if approached by a casino. When
I came here you said you were a player advocate,
and I asked if that didn't conflict with wanting to
work full time for a casino. Do you believe its
possible to still be a player advocate now that
you're employed by a huge casino operation? We
sometimes have some pretty heavy conversations
here about our opinions of how casinos operate,
is that going to be a conflict of interest for your
new position?
"It's not called gambling if the math is on your side."
Paigowdan
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April 18th, 2012 at 3:09:11 PM permalink
Quote: EvenBob

OK, I read this statement half a dozen times and
don't know which side the 'black ones' represent.
Could be the 'dark side', could be the AP side.


Ask Dan - he'll tell ya....

If you believe in fair gaming, then players and house dealers who are playing by the same set of rules indicates that anyone playing by the rules and not trying to skirt them are all wearing white hats. Jesus, it is not an "us against them" type of thing, it is a "we are all playing here, and the result of the cards and dice decide."
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
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