Wizard of Vegas forums

Bankroll comment/question

MathExtremist — Sun, 05 Feb 2012 05:13:03 +0000

If you lose 70% of your buy-in, when you're done you color up, maybe throw in a toke, get the "better luck next time" from the dealers, and then leave the table. If you completely bust out, you just turn around and leave. The latter is usually harder on one's ego even if the financial loss is the same.

Pai gow and prepaid commission

Tiltpoul — Sun, 05 Feb 2012 00:49:51 +0000

Back to the prepaid commission issue, I have a question for the Vegas-ites.

Do places like MGM Grand that don't use quarters on the tables allow you to prepay commission? Also, do they allow you to prepay commission on banking hands? I'd think the latter would be no, but I'm not sure about the first question.

Online Poker

SOOPOO — Sat, 04 Feb 2012 14:34:47 +0000

Quote: kaubojWhat is a good playing strategy for online poker play. You cant really play a tight game because even if you play the AQ(s) AJ(s) A10(s) and AK you have so many players playing any 2 cards that tight play still does not put you and better advantage. I find alot of players raising and going all in on marginal hands that almost always burn the best starting hands.

Its kinda frustrating. you get AK(s) and call or even raise preflop and you get an all in behind you and if i call the all in i find the all in was made on a 9h4d and low and behold that player get 2 pair or gets trips and bam out...

Alot of times i am finding this in live play too.. you get a decent starting hand only to have someone behind you make a ridiculus preflop raise that you wind of folding out to find their hand was marginal. and its not like you atleast have the flop to make a reasonable decision. and if you fold every hand that way you will be wittled out... if you make calls based on the better starting hand.. and get hammered by the marginal hand your no better off.

It sounds like people are easily able to bluff you off of a hand which is better than theirs. I guess they are looking to play with someone like you.... Seriously, if you find a player is consistently calling or raising with crap, of course they may get lucky every now and then, but you should be able to easily take advantage of that player in the long run.

Power Baccarat 98

98Clubs — Sat, 04 Feb 2012 15:02:13 +0000

Outside of the Player/bank bets, I see no reason to accept the monsterous HA's of the other bets. Especially Nat 8, pair, and Tie.

QUESTION--Playing Don't Four Set-Ups in Craps!

bigfoot66 — Sun, 05 Feb 2012 00:57:41 +0000

Quote: emenkeDear forum members:

Here is my question to the distinguished members.

While playing the "Dont"--

If I wait for two fours to come up before a seven, is it true that the odds of a third Four coming up before a seven is only 3.7% (1/3 to the power of 3 = 1/27)?

If so, wouldnt I just wait for that set-up to occur and then go large with a "Dont Four" bet given these low odds of another four coming up before a seven?

Thank you in advance for your reply!

Eric

Makes sense to me. I am gonna put a lot of money on this system next time I am in Las Vegas.

Winning at Video Keno

dmhinman — Sat, 04 Feb 2012 01:18:49 +0000

There is a method to winning at <a href="www.videokeno.webs.com">video keno.</a> You will learn the patterns and number combinations.

Would a casino ban you for winning? I think not?

EvenBob — Sat, 04 Feb 2012 22:54:49 +0000

Quote: SanchoPanzaThat's too easy. It is simply that today's generation, exemplified even by some of the posters here, are brighter, more talented

Thats actually true. A few of the pro's that
Munchkin interviewed in his book said that
what took them 10 years to learn 30 years
ago, can now be learned on a computer in
about 6 months. The skill level has gone up
in players, but the casino detection level has
gone up too.

Caesars should be a Palace

FinsRule — Sat, 04 Feb 2012 00:54:12 +0000

That's why I haven't stayed there yet. I want a guarantee of quality rooms, and the MGM properties seem to do a better job of that.

Minimum bankroll...

rebelaccountant — Sun, 05 Feb 2012 03:28:18 +0000

I tend to agree that the 100x odds are a gimmick to make you lose your money faster. Sure they're free odds, but just like the double up on Video Poker, if you keep pressing sooner or later your luck is going to run out and free odds don't amount to anything if you don't have money.

I couldn't count the number of times I've seen $500 be gone in 15 minutes at a "cold" 20x odds table.

Expected Return/ Player edge on Charitable Lotteries

pacomartin — Fri, 03 Feb 2012 19:30:21 +0000

Quote: EvanRozMy question is in regards to the value of purchasing a ticket for a lottery such as the Mega Millions Choices charitable lottery for St. Boniface hospital. Although it is clear that the odds of winning any prize in a smaller charitable lottery are greater than winniepg the grand prize Lotto 6/49 or Lotto Max (two national lotteries), I would like to know what the expected return and player edge are when purchasing tickets for this charitable lottery.

55K tickets @ $100 apiece is $5.5 million, with cash prizes worth $2,705,796.28 is a player return of 49.20%.
The actual return will be slightly higher percentage because you can purchase multiple tickets at a discount.

Theoretically the charity could sell all 55K tickets for only $3,928,571 if people bought them all 7 tickets for $500, but in reality it is certain to be over $5 million.

The odds are probably only slightly lower than Lotto 6/49 or Lotto Max except that with the charity you are not getting cash, but you are taking their word for it about the cash value of the prizes. The charity has most of these prizes donated to them, but they label them at retail price. In some cases the prize has a retail value of $12K, but you can accept $8K cash instead.

It seems like a worthy charity.