Wizard on LiveStream
May 27th, 2021 at 3:55:44 PM
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Quote: Mission146Quote: smoothgrhFour Queens Casino is closing its keno lounge in a few days.
Despite keno's terrible odds, do you lament the slow end to this old-school casino fixture?
"Lament," is a strong word.
There are still a few places with live Keno, for now. I'd wonder if The D is one and if their returns are still comparatively good by Live Keno standards.
The D's live keno was located right near the sportsbook at the time I was there. I believe there was a draw every three minutes, the minimum card cost was $0.40 and minimum card (total) purchase was $4.00. Just as I recall (I included this in my D Review, I think.)
The return was over 80%.
So, you have an expected loss of under one dollar per thirty minutes and get free drinks. You can/could just watch sports on all of the TV's between draws. That's honestly an amazingly good value, if you really think about it.
Wow, I am shocked the return would be that high.
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 27th, 2021 at 3:59:16 PM
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Quote: DRich
Wow, I am shocked the return would be that high.
It might not be that way anymore. Here's my review:
https://wizardofvegas.com/hotels/d/
One Spot was the best at 87.5%, and obviously, would have the lowest variance of the Keno games.
I played the 80.0% fourteen-spot. I also only did it for one half hour because there were no games I cared about (on TV) at the time. I mainly just did it so I could report if I would be still served multiple free drinks doing it that way.
...and I might also like Keno.
EDIT TO ADD: My review says 14-spot, so it must have been that. I think I played one other time and did the seven-spot, but that was the next time I stayed there. This post originally said Seven-Spot instead of fourteen. Seven-Spot was 84.7%.
I trust my two-day memory more than my 7.5 year memory. I also had a notebook.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
May 27th, 2021 at 4:41:12 PM
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Quote: Mission146
"Lament," is a strong word.
I actually looked up the definition to consider whether "lament" was the appropriate word, then decided you gotta evoke passion (in a good way) to put on a good show.
May 27th, 2021 at 5:24:33 PM
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Losing a live keno lounge is like closing an old ride at Disneyland. It's sad to see it go. You were comforted knowing it was there. You hadn't done it for decades.
Have you tried 22 tonight? I said 22.
May 28th, 2021 at 3:15:22 PM
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Episode #57
Stream Date: 05-27-2021
Length: 00:58:25
Topic: Ask Me Anything
Subjects
Area 51 vs Area 15
Baccarat: Can you beat it?
Defining carnival games
Game Show: Card Sharks
Pai Gow Tiles: High hands
Heather's favorite game to deal
Playing to make better comps
Distributing tips amongst dealers
Spanish 21: Favorite hands
High volatility and a low house edge
Best Vegas information websites
Buffet status in Vegas
The Martingale betting system
Favorite defunct table games
Craps: Hedge bets
Craps: Best Vegas tables
Are dealers allowed to parlay tips?
Texas Station vs Eastside Cannery
Blackjack: Players affecting your hand
Favorite casinos
Pizza toppings
Wizard's blackjack calculator
Legalizing online gambling
Table game minimums
Casino War: Do you like it?
Casino dealing around the world
If I owned a casino...
Craps: Tipping meathods
-------------------------------------------
Next LiveStream: 06-17-21
Stream Date: 05-27-2021
Length: 00:58:25
Topic: Ask Me Anything
Subjects
Area 51 vs Area 15
Baccarat: Can you beat it?
Defining carnival games
Game Show: Card Sharks
Pai Gow Tiles: High hands
Heather's favorite game to deal
Playing to make better comps
Distributing tips amongst dealers
Spanish 21: Favorite hands
High volatility and a low house edge
Best Vegas information websites
Buffet status in Vegas
The Martingale betting system
Favorite defunct table games
Craps: Hedge bets
Craps: Best Vegas tables
Are dealers allowed to parlay tips?
Texas Station vs Eastside Cannery
Blackjack: Players affecting your hand
Favorite casinos
Pizza toppings
Wizard's blackjack calculator
Legalizing online gambling
Table game minimums
Casino War: Do you like it?
Casino dealing around the world
If I owned a casino...
Craps: Tipping meathods
-------------------------------------------
Next LiveStream: 06-17-21
Have you tried 22 tonight? I said 22.
June 1st, 2021 at 11:59:39 AM
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What time will the live stream start on 17th?
June 1st, 2021 at 8:09:14 PM
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3:00 PM Pacific Time, i.e. Las Vegas time.
Have you tried 22 tonight? I said 22.
June 16th, 2021 at 3:51:13 AM
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At BetMGM online sports betting, they really like to promote parlay betting, and will constantly offer bonuses they call "tokens". No question but what there is a constant offer on this, perhaps several to pick from. Parlays on the NBA games most often.
As an example, on a particular 3 leg parlay I set up, the boost changed the odds from +411 to +463. You can still make the minimum bet [50 cents] so it doesn't seem to be about having you bet more.
QUESTIONS: Should a bettor consider this a better bet than instead making the bets without parlaying with the 'boost' tokens? Why are they so keen on promoting parlay betting?
As an example, on a particular 3 leg parlay I set up, the boost changed the odds from +411 to +463. You can still make the minimum bet [50 cents] so it doesn't seem to be about having you bet more.
QUESTIONS: Should a bettor consider this a better bet than instead making the bets without parlaying with the 'boost' tokens? Why are they so keen on promoting parlay betting?
Quote: from help sectionBetMGM automatically calculates parlay odds; you don’t need to worry about the math. However, here’s a breakdown if you’d like to know:
1. First, using a betting odds converter, you must convert American odds into decimal odds. The Tigers (+110) are 2.1 in decimal odds, and the Braves-Nationals (-115) are 1.87.
2. Multiply the decimal odds (2.1 x 1.87) to get your multiplier (3.927).
3. Multiply the multiplier (3.927) by your wager amount ($84) for the payout ($329.87)
Quote: pertinent T&CHOW TO CLAIM THIS SPORTS PROMOTION:
4. To claim this Sports Promotion, log in to your online BetMGM Sports account via the mobile app or website. Upon first login today, you will receive an NBA 10% Parlay Boost Token.
5.Token can only be used on parlay wagers with minimum of 3 legs and made entirely of NBA wagers. Token must be used within 3 days of receiving it. Maximum stake to use token is $100.
6. Extra winnings from winning a parlay using the token will be awarded as cash.
7. Maximum token that can received from this promotion is one (1) 10% parlay boost token today.
8. Parlay Boost Tokens cannot be used on Single or One-Game Parlay bets.
Last edited by: odiousgambit on Jun 16, 2021
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
June 16th, 2021 at 8:57:42 AM
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Question: With Covid restrictions receding, will future LiveStreams go back to you both appearing together at Heather"s blackjack table or, do you now prefer the "stay at home" split-screen format?
Have you tried 22 tonight? I said 22.
June 18th, 2021 at 5:18:31 AM
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Thanks for using my question.Quote: odiousgambitAt BetMGM online sports betting, they really like to promote parlay betting, and will constantly offer bonuses they call "tokens"....
I guess it was almost a 'given' that the boost tokens are worth using if you are going to bet anyway, unless you would have said they cheat you the way they set up the parlay odds. So that goes to the second part of my question, which is "why are they keen on it?" I think there are two possibilities [tho what I think doesn't mean as much as what you would, but here it is anyway]
They insist, usually, on a 3-leg parlay, and by that they mean for you to use 3 separate games as well as 3 bets generally. So the thinking is, the longer the string of bets, the better for them.
* That may mean they aren't smart about what increasing variance means to the house
* or that they're quite intelligently [thank you very much] found that it decreases the effect of a bettor stumbling across their odds-makers making a mistake on some single bet, by combining it with other bets.
I'm learning quite a bit about sports gambling messing around with the online variety and will blog about it.
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
June 20th, 2021 at 6:09:42 PM
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Episode #58
Stream Date: 06-17-2021
Length: 01:02:02
Topic: Ask Me Anything
Subjects
Wizard's hair
Boating on Lake Powell
Father's Day trivia (throughout show)
Blackjack: Jack Jack
Slots: Tracking progressives
Correcting other player's play
Slots: Reel mapping
Should designers add a jackpot?
Where to cool off in Vegas
Craps: Dice control
Using promo chips
Favorite video games
"Weird Al" Yankovic
Heather's hair
Flag Day
Gambling math concepts
Advantage play for a living
Chess: Human vs computer
Juneteenth holiday & working
Favorite board games
Gambling math & programming
Slots: Bonus round math
IQ, Mensa, and puzzles
Blackjack: Card counting
Blackjack: Math or simulations?
Craps: Horn numbers
Sports: Parlay boost
Future livestream formats
The Wizard in casinos
-------------------------------------------
-------------------------------------------
Next LiveStream: 07-01-21
Stream Date: 06-17-2021
Length: 01:02:02
Topic: Ask Me Anything
Subjects
Wizard's hair
Boating on Lake Powell
Father's Day trivia (throughout show)
Blackjack: Jack Jack
Slots: Tracking progressives
Correcting other player's play
Slots: Reel mapping
Should designers add a jackpot?
Where to cool off in Vegas
Craps: Dice control
Using promo chips
Favorite video games
"Weird Al" Yankovic
Heather's hair
Flag Day
Gambling math concepts
Advantage play for a living
Chess: Human vs computer
Juneteenth holiday & working
Favorite board games
Gambling math & programming
Slots: Bonus round math
IQ, Mensa, and puzzles
Blackjack: Card counting
Blackjack: Math or simulations?
Craps: Horn numbers
Sports: Parlay boost
Future livestream formats
The Wizard in casinos
-------------------------------------------
-------------------------------------------
Next LiveStream: 07-01-21
Have you tried 22 tonight? I said 22.
June 29th, 2021 at 12:04:57 PM
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QUESTION: Do have any recommendations on where to play Pai Gow Tiles in Vegas or, perhaps, where not to play?
Have you tried 22 tonight? I said 22.
June 29th, 2021 at 6:13:09 PM
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QUESTION: BetMGM online sports betting again
They sometimes offer what they call "risk free bets", which actually have some risk. If you win, you get the winnings plus your wager back, as normal. If you lose, you get a free-bet back for the same amount that, however, does not allow you to keep the wagered amount, only the winnings. You can bet on anything sports.
I figure if it was flipping a fair coin, 50% of the time you win, 25% of the time you break even, 25% of the time you lose. Seems like player advantage to take the bet even if it is not a fair coin. I crunched some numbers against a 10% edge and probably did it wrong, but still seems advantage to player.
Is this a good offer to take?
They sometimes offer what they call "risk free bets", which actually have some risk. If you win, you get the winnings plus your wager back, as normal. If you lose, you get a free-bet back for the same amount that, however, does not allow you to keep the wagered amount, only the winnings. You can bet on anything sports.
I figure if it was flipping a fair coin, 50% of the time you win, 25% of the time you break even, 25% of the time you lose. Seems like player advantage to take the bet even if it is not a fair coin. I crunched some numbers against a 10% edge and probably did it wrong, but still seems advantage to player.
Is this a good offer to take?
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
June 30th, 2021 at 5:18:11 AM
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Quote: odiousgambitQUESTION: BetMGM online sports betting again
They sometimes offer what they call "risk free bets", which actually have some risk. If you win, you get the winnings plus your wager back, as normal. If you lose, you get a free-bet back for the same amount that, however, does not allow you to keep the wagered amount, only the winnings. You can bet on anything sports.
I figure if it was flipping a fair coin, 50% of the time you win, 25% of the time you break even, 25% of the time you lose. Seems like player advantage to take the bet even if it is not a fair coin. I crunched some numbers against a 10% edge and probably did it wrong, but still seems advantage to player.
Is this a good offer to take?
It is and you should just have someone offset your bet who is simultaneously doing the free bet promotion. There might be better ways, but that's just the one that popped into my head instantly. You will want to create your accounts at different times, not be related and not be in close physical proximity (geotracking) when you do it.
Basically, each player could select opposing sides of a -110 half point run line. One of you would win the bet (and get the money) whilst the other would lose and get the rebate. At that point, you'd just have to make enough to cover the juice on the winning side of the bet and anything over that would be profit.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
June 30th, 2021 at 5:53:56 AM
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so far I've noticed they pay no attention to off-setting votes bets, so I could just do it myselfQuote: Mission146It is and you should just have someone offset your bet who is simultaneously doing the free bet promotion. There might be better ways, but that's just the one that popped into my head instantly. You will want to create your accounts at different times, not be related and not be in close physical proximity (geotracking) when you do it.
Basically, each player could select opposing sides of a -110 half point run line. One of you would win the bet (and get the money) whilst the other would lose and get the rebate. At that point, you'd just have to make enough to cover the juice on the winning side of the bet and anything over that would be profit.
'votes' ... lol.... was just commenting at DT
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
June 30th, 2021 at 5:58:03 AM
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if you mean both of us need to be in on the promotion, is this a matter of controlling variance?
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
June 30th, 2021 at 6:35:52 AM
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Quote: odiousgambitif you mean both of us need to be in on the promotion, is this a matter of controlling variance?
Guaranteed profit, depending on the playthrough requirement of the rebate...which is often only 1x anyway.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
July 1st, 2021 at 1:53:50 PM
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Quote: odiousgambitQUESTION: BetMGM online sports betting again
They sometimes offer what they call "risk free bets", which actually have some risk. If you win, you get the winnings plus your wager back, as normal. If you lose, you get a free-bet back for the same amount that, however, does not allow you to keep the wagered amount, only the winnings. You can bet on anything sports.
I figure if it was flipping a fair coin, 50% of the time you win, 25% of the time you break even, 25% of the time you lose. Seems like player advantage to take the bet even if it is not a fair coin. I crunched some numbers against a 10% edge and probably did it wrong, but still seems advantage to player.
Is this a good offer to take?
Good question. I assume you can also use the "risk free bet" on anything as well as the "free bet."
My advice would be to bet on a big longshot on the money line with both bets.
Let's take the Alabama/Miami (FL) college football game on 9/4/21, for example:
Alabama -1000
Miami (FL) +575
If we assume the same house edge either way, the probability of Miami winning is 14.01%. If they lose, then bet a similar game with the Free Bet.
The following table shows the three possible outcomes after both games.
| Event | Pays | Probability | 0.00% |
|---|---|---|---|
| Win first game | 5.75 | 14.01% | 80.57% |
| Win second game | 4.75 | 12.05% | 57.23% |
| Lose both | -1 | 73.94% | -73.94% |
| Total | 100.00% | 63.87% |
The bottom right cell shows this Risk Free bet is worth 63.87% of face value, based on this game. It would be worth more on a bigger longshot.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
July 1st, 2021 at 4:46:45 PM
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wow, thanks, that is shocking
there is something being promoted all the time. Much of it clearly is not to get excited about at all, while this type you have to check around for and wait and hope for
I doubt it is only betMGM doing it but I want to bet using my laptop; many of these outfits are set up expecting you to use your smartphone. Don't have or want one.
PS i note that losing both in your example is around 74% probability. So there's that too to ponder
there is something being promoted all the time. Much of it clearly is not to get excited about at all, while this type you have to check around for and wait and hope for
I doubt it is only betMGM doing it but I want to bet using my laptop; many of these outfits are set up expecting you to use your smartphone. Don't have or want one.
PS i note that losing both in your example is around 74% probability. So there's that too to ponder
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
July 1st, 2021 at 5:51:49 PM
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Just have seen it on youtube too, thanks
I should add 2 things about it. There is generally a limit , last one I saw was $25 being the max to bet, if remembered right
the other thing is that the initial bet was restricted to which event they wanted to promote. This last one was to bet on the first game of the stanley cup. No restriction as to odds on first bet, can't remember if it had to be on the moneyline.
If you lose and you make your second bet with their money, the only restriction is that it can't be more than -200 odds. I said that right, they don't want you to go for the sure thing it seems. So if it was -210 or something, can't do that. That's ironic considering what you said, and also if you win you get peanuts and they keep their portion . They have it backwards
But on this second bet, you can bet on 'any sports'
I should add 2 things about it. There is generally a limit , last one I saw was $25 being the max to bet, if remembered right
the other thing is that the initial bet was restricted to which event they wanted to promote. This last one was to bet on the first game of the stanley cup. No restriction as to odds on first bet, can't remember if it had to be on the moneyline.
If you lose and you make your second bet with their money, the only restriction is that it can't be more than -200 odds. I said that right, they don't want you to go for the sure thing it seems. So if it was -210 or something, can't do that. That's ironic considering what you said, and also if you win you get peanuts and they keep their portion . They have it backwards
But on this second bet, you can bet on 'any sports'
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
July 2nd, 2021 at 4:07:45 AM
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Quote: odiousgambitwow, thanks, that is shocking
there is something being promoted all the time. Much of it clearly is not to get excited about at all, while this type you have to check around for and wait and hope for
I doubt it is only betMGM doing it but I want to bet using my laptop; many of these outfits are set up expecting you to use your smartphone. Don't have or want one.
PS i note that losing both in your example is around 74% probability. So there's that too to ponder
I understand that Wizard is approaching it from an expected value standpoint, but I like my way because you cannot fail to profit. For $1,000 invested (say the rebate is $500), 1x playthrough and conservative betting on the rebate, a player should profit $400-$450 almost without fail if VP is available.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
July 2nd, 2021 at 4:35:00 AM
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Quote: Mission146I understand that Wizard is approaching it from an expected value standpoint, but I like my way because you cannot fail to profit. For $1,000 invested (say the rebate is $500), 1x playthrough and conservative betting on the rebate, a player should profit $400-$450 almost without fail if VP is available.
The potentially disagreeable variance of the Wizard's strategy is something to think about. I took the offer and wound up losing both bets, to which you have to say "what's the big deal? that is the most likely outcome". When it happens, though, it's hard to be philosophical about it.
Still, if you had your druthers, you'd wish for as many of these as you can get.
I have limitations on how much I can take advantage, that is in the blogposts. A#1 is the threat to report your activity to the IRS if you win big at all. Ain't happening.
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
July 2nd, 2021 at 5:07:18 AM
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You will also have no chance of, “Winning big at all,” my way.
Get in, get the free money, get out.
Get in, get the free money, get out.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
July 3rd, 2021 at 3:43:55 PM
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Episode #59
Stream Date: 07-01-2021
Length: 01:03:26
Topic: Ask Me Anything
Subjects
Back together in the studio
Pai Gow Tiles: Where to play
Alaska Trivia (throughout show)
Spanish 21: Basic strategy
"The Book"
Sports: Wizard's favorite bet
Minus5° Ice Bar
Baccarat: Systems & shoes
Advantage play games
Gambling in southeast Asia
Video Poker: Double up option
Sports: MGM risk free bets
Online casinos
Lottery: Sweet spots & scratchers
Craps: Dark side minimums
Creating your own game simulator
Wizard's favorite gambling game
Blackjack: Hitting a 16
Craps: Max odds
The World Series of Poker
Craps: Odds bets left working
Craps: Dice setting
Heather's hair & Pip
Next LiveStream: 07-15-21
------------------------------------
Stream Date: 07-01-2021
Length: 01:03:26
Topic: Ask Me Anything
Subjects
Back together in the studio
Pai Gow Tiles: Where to play
Alaska Trivia (throughout show)
Spanish 21: Basic strategy
"The Book"
Sports: Wizard's favorite bet
Minus5° Ice Bar
Baccarat: Systems & shoes
Advantage play games
Gambling in southeast Asia
Video Poker: Double up option
Sports: MGM risk free bets
Online casinos
Lottery: Sweet spots & scratchers
Craps: Dark side minimums
Creating your own game simulator
Wizard's favorite gambling game
Blackjack: Hitting a 16
Craps: Max odds
The World Series of Poker
Craps: Odds bets left working
Craps: Dice setting
Heather's hair & Pip
Next LiveStream: 07-15-21
------------------------------------
Have you tried 22 tonight? I said 22.
July 7th, 2021 at 11:21:02 AM
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Hi Wizard,
DraftKings recently had a small promotion on a game called Slingo Classic. You don't happen to have a basic strategy for it?
With the joker selections I'm assuming you are going to always complete a line if possible, but not 100% certain (maybe times when a center or corner could be more valuable?). Or less obvious with a joker do you add a 3rd pick to a line or is it better to grab a corner even if only 0 or 1 positions already claimed on that line?
DraftKings recently had a small promotion on a game called Slingo Classic. You don't happen to have a basic strategy for it?
With the joker selections I'm assuming you are going to always complete a line if possible, but not 100% certain (maybe times when a center or corner could be more valuable?). Or less obvious with a joker do you add a 3rd pick to a line or is it better to grab a corner even if only 0 or 1 positions already claimed on that line?
July 13th, 2021 at 7:49:57 AM
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Question: What is your favorite James Bond casino scene?
Have you tried 22 tonight? I said 22.
July 15th, 2021 at 11:50:54 AM
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I'm afraid the Live Stream today is postponed until August 5. I apologize for the inconvenience.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
August 5th, 2021 at 12:23:20 PM
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Quote: ETSHi Wizard,
DraftKings recently had a small promotion on a game called Slingo Classic. You don't happen to have a basic strategy for it?
With the joker selections I'm assuming you are going to always complete a line if possible, but not 100% certain (maybe times when a center or corner could be more valuable?). Or less obvious with a joker do you add a 3rd pick to a line or is it better to grab a corner even if only 0 or 1 positions already claimed on that line?
I'm afraid I don't understand the question. I don't have a Draft Kings account, so you'll need to be specific about the rules.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
August 5th, 2021 at 12:24:09 PM
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Live Stream reminder today at 3:00. As always, please don't leave if we're a little late due to technical difficulties.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
August 5th, 2021 at 1:00:51 PM
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Quote: WizardI'm afraid I don't understand the question. I don't have a Draft Kings account, so you'll need to be specific about the rules.
Thanks Wizard, I could screen shot everything, but it looks like a demo of the game is available here:
[the message board software doesn't allow me leave a link, but the first link returned by a google search for "slingo classic" will have a demo and help file for the game]
As a follow up question would it every be valuable to buy more spins?
August 6th, 2021 at 3:16:26 PM
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Episode #60
Stream Date: 08-05-2021
Length: 00:50:48
Topic: Ask Me Anything
Subjects
Alaska & the Pacific Northwest
James Bond casino scenes
Video Poker: Can you get trespassed?
Current Vegas crowd conditions
Roulette: Cheating countermeasures
Roulette: Betting systems
Video Poker: 9/7 Bonus Poker?
Elaborate casino schemes
Three Card Poker: Pair Plus
Three Card Poker: Ante Bonus
Video Poker: Resorts World casino
Poker: Has AI surpassed humans?
Video Poker: Wizard's thoughts
Sports: Betting the underdogs
Blackjack: Tournament tips
The definition of "luck"
Video Poker: Tracking skill levels
Working at The Venetian
Blackjack: Is 6/5 a growing trend?
Blackjack: Lucky Ladies
Roulette: A fluke occurrence
Streaming on Twitch
Gambling games around the world
The Wizard's Twitter brain teasers
The Wizard's favorite casino games
Next LiveStream: 09-02-21
--------------------------------------------
UNLV vs Wisconsin power-outage game story at the LA Times
A retrospective of the game at Las Vegas Review-Journal
Stream Date: 08-05-2021
Length: 00:50:48
Topic: Ask Me Anything
Subjects
Alaska & the Pacific Northwest
James Bond casino scenes
Video Poker: Can you get trespassed?
Current Vegas crowd conditions
Roulette: Cheating countermeasures
Roulette: Betting systems
Video Poker: 9/7 Bonus Poker?
Elaborate casino schemes
Three Card Poker: Pair Plus
Three Card Poker: Ante Bonus
Video Poker: Resorts World casino
Poker: Has AI surpassed humans?
Video Poker: Wizard's thoughts
Sports: Betting the underdogs
Blackjack: Tournament tips
The definition of "luck"
Video Poker: Tracking skill levels
Working at The Venetian
Blackjack: Is 6/5 a growing trend?
Blackjack: Lucky Ladies
Roulette: A fluke occurrence
Streaming on Twitch
Gambling games around the world
The Wizard's Twitter brain teasers
The Wizard's favorite casino games
Next LiveStream: 09-02-21
--------------------------------------------
UNLV vs Wisconsin power-outage game story at the LA Times
A retrospective of the game at Las Vegas Review-Journal
Have you tried 22 tonight? I said 22.
August 17th, 2021 at 6:28:21 AM
permalink
Quote: ETSAs a follow up question would it every be valuable to buy more spins?
The help page for the online Slingo classic version says that the base game and each extra spin have an RTP of 95%. It isn't hard to calculate the RTP of an extra spin if you have even a crude idea of the frequencies of jokers. I did this with a data set I collected at low stakes. The ratio of fair value to extra game cost that I am offered agrees with the 95% RTP over almost three orders of magnitude in cost (free games costing between $0.02 and $13.31 in my data set). This means my rough estimate of the frequencies must be close to correct. The standard deviation of the ratio from 0.95 diverges if I change my joker frequencies.
It is pretty clear that the game designers did the free-game cost calculation properly. You would never increase your EV by buying a free game versus starting over on a new Slingo game. You just buy yourself more Slingos at a premium to fair value and increase your variance.
Note that the 95% RTP for the base game assumes you are playing basic strategy well. Slingo would be very difficult to play well. The extra game is easier to play well compared to the base game -- just make the most slingos. Therefore, if you still want to play Slingo, your overall EV will probably not be as far below 95% if you are paying for the maximum number of extra games. Personally, I would never pay for an extra game.
Gambling is a math contest where the score is tracked in dollars. Try not to get a negative score.
August 17th, 2021 at 6:41:04 AM
permalink
Question for Wizard, Is "hit and run" the only gambling slang that can be both legit and non-legit or are there others? (I'd say legit in BJ heat where one might feel one is being noticed.)
Sanitized for Your Protection
August 21st, 2021 at 2:46:59 PM
permalink
Wizard of Odds Livestream Episodes 1-20
Wizard of Odds Livestream Episodes 21-40
------------------------------------------------------------
Wizard of Odds Livestream Episodes 41-60
Stream Date: 09-17-2020
Length: 00:56:58
Topic: Ask Me Anything
Subjects
Yosemite vacation
Warning: 5Dimes closing to US players
National Park trivia (throughout show)
A Vegas zeppelin?
Would the Wizard pose naked?
Blackjack: Calculating a dealer busting
Hot and cold weather
Sports betting: Betting lines
Who's the real Wizard?
Brain eating bacteria
Slots: Who wins the jackpot?
Vegas casinos reopening status
Pai Gow Tiles
Frank, Dino or Sammy?
Blackjack: A luck calculation
The "Welcome to Las Vegas" sign
Video Poker: 4 to a royal probability
Hiring the Wizard for casino math
Masks and smoking
Winter in Baltimore
Blackjack: 6/5 and the casino hold
Tournament play strategy
High value casino chips and plaques
---------------------------
Wizard Shirt: University of Vermont
---------------------------
The Wizard got lucky with his vacation as Yosemite is now closed by the fires (00:15).
---------------------------
Hell freezes over as the Wizard has nice things to say about 6/5 blackjack (45:51).
---------------------------
From 14:10...
Stream Date: 09-24-2020
Length: 00:55:48
Topic: Ask Me Anything
Subjects
Math jokes (throughout show)
Baccarat: Can you make a living at it?
Blackjack: Counting methods
When will Vegas get back to normal?
Is this a good time to visit Vegas?
Baccarat: Playing hit and run
Riding a motorcycle
Stock market investing
Slots: Paying jackpot taxes
Sports betting: Is it affecting games?
Checking out new Vegas hotels
Abolishing dog and horse racing
Free Bet Blackjack
Getting kicked out of a casino
Blackjack: Effects of bad play
Pete Rose and the Hall of Fame
Video Poker: Best games
Casino celebrity sightings
Horse Racing: Is it beatable?
Baccarat: Getting barred
Card counting
Blackjack: House advantage vs hold
Dealer mistakes
Craps: Good and bad bets
Is dice control real?
Has the Wizard been trespassed?
Pretty girls distracting dealers
Craps: Betting the odds
Casino markers
Wizard math consulting
Stream Date: 10-01-2020
Length: 00:55:36
Topic: Ask Me Anything
Subjects
5Dimes and trailer news
Rock trivia
Craps: Card craps advantage play
The Wizard's biggest win
Joe Biden trivia (throughout show)
Will covid re-close casinos?
Las Vegas weather
Elvis has left the building
Has a casino banned the Wizard?
Macau: Pai Gow and blackjack offerings
Daylight savings time
Blackjack: High true counts
Vegas outdoor tourist spots
Magic tricks
Casino virus protection measures
Pickle poking
Moving to another state
Winter cold in Vegas
Magic shows in Vegas
Long-time fans
UTH: Seeing other player's cards
The Wizard and mathematics
The Vegas housing market
Is the Wizard sports betting?
Stream Date: 10-15-2020
Length: 01:00:58
Topic: Ask Me Anything
Subjects
Space tourism and the vomit comet
Skydiving and cliff jumping
Ultimate X Poker
Is Christopher Mitchell genuine?
The Wizard's favorite Vegas bars
Twitter ignorant
The 4-8-24 solar eclipse
The Wizard under the sea
"Real" haunted houses
Slots and UTH downtown
Caesars Diamond Elite vs Mlife Platinum
The dancing Wizard
Halloween costumes
Getting a casino host
Craps: How the house rounds the vig
Craps: Pulling a Don't Pass bet
Silly poker game videos
Spanish 21: Match the dealer
Name That Tune
Craps: Table minimum bets
A brief Wizard history
Police Trivia (throughout show)
Craps: Can you add to a Don't Pass?
Sports Betting: Parlay maximums
3 Card Poker vs Crazy 4 Poker
Crapless Craps: Betting the 2 or 12
Caribbean Stud: Vegas availability
The unicycling Wizard
Becoming a dealer
Pai Gow Poker: i-Verify machines
Slots: Are play styles analyzed?
Where is James Grosjean?
----------------------------------------------
Missing this episode...
Donald Trump trivia was promised
Pickle (perhaps he nips too much)
Reminder
The Wizard will offer an opinion of Christopher Mitchell (although Father Michael is guest hosting next episode).
Videos
Mentioned in this episode are underwater cemeteries. Your cremated remains are mixed in cement and shaped by a mold into (for example) a hollow sphere with holes for fish to swim in and out of. The molds are then submerged to form a man-made reef. The one the wizard mentions, however, is probably Neptune's Reef whose design is inspired by Atlantis. Here, the remains are molded into animal shapes (like sea shells, fish and sea turtles) and attached to the submerged structure...
Since it's the Halloween season and we're already flirting with submechanophobia, also mentioned is Nelson's Landing near Vegas. In an earlier livestream, it was revealed that the bay has an underwater statue of a giant octopus...
Stream Date: 10-29-2020
Length: 01:08:14
Topic: Ask Me Anything (Halloween Edition)
Subjects
Redshirt confession
The Circa resort opens
Sports Betting: Expired tickets
Poker: Playing the offsuit 7-2
Bible Trivia (throughout show)
Blackjack: When to stop playing
Benford's Law
Favorite bands
Horror Films
TV Show: The Queen's Gambit
Movie: The Cube
Craps: Dice landing off the table
Presidential election handicapping
Online Betting: PayPal vs Bitcoin
Mo Howard's grave
Sports Betting: Unders and home teams
Heads/tales vs black/red
Texas Hold'em: Seeing flashing cards
The Wizard's Halloween plans
Blackjack: Hitting 15 or 16
Death of a redshirt
Stream Date: 11-12-2020
Length: 01:01:14
Topic: Ask Me Anything
Subjects
2020 election betting
Bigger than poker?
Bitcoin conversions
Alex Trebek
Jeopardy hosts and nude beaches
Will Vegas shut down again?
Favorite board games?
Calculating theoretical losses for comps
Electronic games replacing live ones
Slots: Psychological tricks
Slots: Advantage play
Benford's law and the 2020 election
Betty White and Neil deGrasse Tyson
Steam video games
Blackjack: 16 vs dealer A-7
Stadium Gaming
Gambling addiction
The Three Stooges
Not so crazy casino stories
Tracking money with pen and paper
Gambling and religion
Slots: Downloading free play
Sports Betting: League opinions
Blackjack: Double Exposure
Teaching kids about gambling
Sports Betting: Futures house edge
Blackjack: Automatic shufflers
Slots: Wizard's math prices
Blackjack: Removing the high cards
RED LIGHT!
Wizard pastimes
Gambling songs
Online IQ tests
Survivor: Winners at War
Gambling movies
Favorite book genres?
Comps after mergers
Stream Date: 12-03-2020
Length: 01:00:10
Topic: Ask Me Anything
Subjects
What's the Wizard doing?
Red Rock and Calico Basin
Wonder Woman
Lottery: Sequential numbers
Silly Poker Games
Winning a long shot bet
Smash rooms
New table game problems
Online casino certifications
Vegas casino theming
Rolls/spins/hands per hour
Father Michael confessions
Craps: Quick reference stats
The US national debt
Star Trek: Q
Tipping for a room upgrade
Slots: Skill based games
Moon Pi
Sports Betting: Touts
Las Vegas Raiders
Is the Wizard a pro gambler?
The McNugget challenge
Craps: Wizard's side bets
Silverton and Circa
Craps: Hedging bets
A bankroll based on taxes
Casino card shuffler cheating
A whammy
Craps: High minimums
Stream Date: 12-17-2020
Length: 01:03:46
Topic: Ask Me Anything
Subjects
Pet birds & Pickle poop
Hanukkah trivia (throughout show)
Promotional wagers
Blackjack: Single deck games
Circa resort: Adults only
Game show: Card Sharks
What would you ask from Santa?
Crazy Time: The wheel game
Ole Peters' coin flip problem
Video Keno vs Video Poker
Leaving the table a loser
The best designed casino card game
Jackpots & taxes (part 1)
Baccarat: What's the appeal?
Good Guys Bad Guys & drinking
Are casinos honoring pre-Covid comps?
A small money wager
Fishing probability & water sports
Come on down!
The Wizard and magic
Slots: Skill based games
Jackpots & taxes (part 2)
Casino dealer incomes
Craps: Buy bets vs Place bets
Wizard the vagrant
Hitting on Heather
Millennium Prize Problems
-------------------------------
Stream Date: 01-07-2021
Length: 00:59:36
Topic: Ask Me Anything
Subjects
The Monty Hall Problem
Marilyn vos Savant was right!
Dawn Wells R.I.P
Gilligan's Island trivia (throughout show)
Casino host vs independent host
Craps: Put bets
Sympathy or empathy?
Are comps based on losses only?
Gilligan's Island video game
Long shot payouts vs parlay betting
The Mid-Atlantic accent
Gilligan's Island original pilot
Casino War: Where can you play?
Star Trek, calculus, and 9-year olds
Pai Gow Tiles: Macau superstitions
An angry bird
------------------------------
Stream Date: 01-21-2021
Length: 00:50:05
Topic: Ask Me Anything
Subjects
A porn star mustache
Kayaking to Lake Mohave
Palindrome dates
$50 vs 50$
Ultimate Texas Hold'em: Trips bet
Biden and online gambling
Craps: How the Wizard plays
The Wizard Seal of Approval
Arcade advantage plays
Status of Vegas comps
Wills and Inheritance
Craps: All, Tall & Small bets
Hedging bets
Being an adjunct professor
Three Card Poker: Pair Plus bet
Burning Man: A bleak future?
Your last meal in Vegas
Using an aiding device
Thoughts on Bitcoin
Casino power outage protocol
Lottery: Mega Millions odds
Slots: Video recording
Free Bet Blackjack: House edge
Stream Date: 02-04-2021
Length: 01:00:36
Topic: Ask Me Anything
Subjects
Super Bowl LV wagering
Facial hair & glasses
The Majestic Hotel
Card Counting: The Knockout system
Blackjack: The Insurance bet
Low risk comp earning
Coin toss wagering
Heads vs tails psychology
Karen Puzzles & celebrity crushes
Craps: The Don't Come bet
Low limit Vegas casinos
Video Keno: Is it rigged?
Dice Influence: Is it real?
The Wizard's Super Bowl bets
Hand vs automatic shuffling
A coin toss game
Craps: All, Tall & Small bets
Ultimate Texas Hold'em: HE vs EoR
Can auto shufflers be manipulated?
Craps: The Iron Cross bet
Video Poker: Is 9/6 JoB still available?
New Game: Flushed
Casino Covid vaccinations
Cashless casinos
"Fair" and the house edge
Video Poker: Return tables
The Martingale betting system
------------------------------------
Addendum
Karen Puzzles on YouTube
As metioned, the game "Flushed" has begun a field trial at the Strat. This game appeared at the 2019 Cutting Edge conference. The WOO website did not make a video of it but Heather made the one below (in which the Wizard makes a cameo) for her Vegas Aces website...
Note that the above is the roulette-style, big-table version where players have their own color chips.
The next video is a tutorial and shows the blackjack-style table with individual betting areas...
Note that the video shows 6 player positions. The version now on trial at the Strat, however, has only 4 player positions.
Stream Date: 02-25-2021
Length: 01:03:09
Topic: Ask Me Anything
Subjects
Chag Purim Sameach!
Super Bowl wagering postmortem
Zion National Park
Sports Betting: Touts
Hot and cold streaks
Purim trivia (throughout show)
Sarah the Slotlady
Video Poker: 4 to a royal
Jeopardy! guest hosts
Edge sorting prevention
Sabotage in the land of Oz
The legal gambling age
The state of Asian gambling
Loose video poker = loose slots
Video Keno returns
Clue characters
LA to Vegas bullet train
Slots: High limit returns
Video Poker: Bad luck
Mustaches, mullets & Tiny Tim
Maximum aggregate payouts
Stream Date: 03-11-2021
Length: 01:04:28
Topic: Ask Me Anything
Subjects
Covid, kayaking & climbing
Gambling trivia (throughout show)
Blackjack: Splitting strategy
Slots: Bonus round randomness
Blackjack: Spreading hands
YouTube deletions & eggnog
Little Professor calculator
Roulette: Who will lose more money?
Betting systems vs house edge
The Vegas-Aces website
Craps: Dice control
Jeopardy! guest hosts
The stock market
APing the Longhorn casino
The sneakiest casino thing
Do casino chips expire?
Three Card Poker: House edge
A $1000 bankroll
Blackjack: 6-5 tables
Can you trust online casinos?
Bubble craps
-------------------------
Addendum
Vegas-Aces Website
Stream Date: 04-08-2021
Length: 00:58:44
Topic: Ask Me Anything
Subjects
A trip to Sedona
Variance on electronic table games
Blackjack: Stadium games
Craps: Muggsy's Corner side bet
Roulette: 2G'$ side bet
Structuring & Social Security numbers
Princess Leia hair
Freeplay at the Longhorn casino
Slots: YouTube slot channels
Are carnival games disappearing?
Online betting system scammers
Bigger bets = better rules
Roulette: Comp Killer system
The "Ask the Wizard" column
Binge watching TV shows
Can players only make side bets?
YouTube video editing
Online Casinos: Terms & Conditions
Random number generators
Do dealers prefer cash tips or bets?
Star Wars: TV, film, and baby Yoda
The best games for comps
Slots: Progressive odds
Ramadan Trivia (throughout show)
Sports Betting: Vegas sportsbooks
Does the Wizard still enjoy gambling?
Slots: Do machines offer a "taste"?
Respect for the money
Stream Date: 04-22-2021
Length: 01:02:11
Topic: Ask Me Anything
Subjects
The 52 Peak Club
Gambling simulation software
Video Poker in Downtown Vegas
Video Poker: Multi-Hand
Video Poker: 4 to an inside straight
Regulating tribal casinos
Craps: Don't Pass house edges
Ethical & responsible gambling
Shuffle variance & probability
The Wizard vs Wixiplay
Roulette: A winning strategy?
Casinos & Social Security numbers
Pai Gow Tiles in Macau
Gambling book titles
When will Vegas be wide open?
Video Poker: Wizard AP stories
Keno: Do number patterns work?
Blackjack: 6/5 vs 3/2
Automatic shuffler vs hand shuffle
Becoming a Vegas casino dealer
Craps: Suspicious variance
EZ Baccarat: Counting the dragon
Baccarat: Vegas rules
Player card bonuses
Live craps vs bubble craps
What should first time players play?
What the heck is Pickleball?
Favorite Vegas area hikes
A brain eating ameba tangent
------------------------------------------------------
Stream Date: 05-13-2021
Length: 01:08:59
Topic: Ask Me Anything
Subjects
Climb every mountain
Climbing the walls
Sports: Arbitrage betting
Keno: Probability regulation
Betting Systems: Simulations
Will casinos allow marijuana use?
Slots: Mapping the reels
Game Show: Card Sharks
Player money management
The Wizard's favorite casino games
Tipping on a hand pay
Tipping at a table game
Free drinks at the video poker bar
Ticket machines & counterfeit bills
Random number generators
Pickleball
4x4 to Bridge Mountain Trail
High value casino chips
Sports: Using a free bet
Craps: Sucker bets
Spanish 21: Is it underappreciated?
Slots: Does bet size affect returns?
Blackjack: 3-2 vs 6-5
The Golden Ratio
Russian casinos & the mob
Are casino mask mandates ending?
The Vegas area water supply
Funny names & daylight savings
------------------------------------------------------
The bridge on Bridge Mountain
Stream Date: 05-27-2021
Length: 00:58:25
Topic: Ask Me Anything
Subjects
Area 51 vs Area 15
Baccarat: Can you beat it?
Defining carnival games
Game Show: Card Sharks
Pai Gow Tiles: High hands
Heather's favorite game to deal
Playing to make better comps
Distributing tips amongst dealers
Spanish 21: Favorite hands
High volatility and a low house edge
Best Vegas information websites
Buffet status in Vegas
The Martingale betting system
Favorite defunct table games
Craps: Hedge bets
Craps: Best Vegas tables
Are dealers allowed to parlay tips?
Texas Station vs Eastside Cannery
Blackjack: Players affecting your hand
Favorite casinos
Pizza toppings
Wizard's blackjack calculator
Legalizing online gambling
Table game minimums
Casino War: Do you like it?
Casino dealing around the world
If I owned a casino...
Craps: Tipping meathods
Stream Date: 06-17-2021
Length: 01:02:02
Topic: Ask Me Anything
Subjects
Wizard's hair
Boating on Lake Powell
Father's Day trivia (throughout show)
Blackjack: Jack Jack
Slots: Tracking progressives
Correcting other player's play
Slots: Reel mapping
Should designers add a jackpot?
Where to cool off in Vegas
Craps: Dice control
Using promo chips
Favorite video games
"Weird Al" Yankovic
Heather's hair
Flag Day
Gambling math concepts
Advantage play for a living
Chess: Human vs computer
Juneteenth holiday & working
Favorite board games
Gambling math & programming
Slots: Bonus round math
IQ, Mensa, and puzzles
Blackjack: Card counting
Blackjack: Math or simulations?
Craps: Horn numbers
Sports: Parlay boost
Future livestream formats
The Wizard in casinos
-------------------------------------------
Stream Date: 07-01-2021
Length: 01:03:26
Topic: Ask Me Anything
Subjects
Back together in the studio
Pai Gow Tiles: Where to play
Alaska Trivia (throughout show)
Spanish 21: Basic strategy
"The Book"
Sports: Wizard's favorite bet
Minus5° Ice Bar
Baccarat: Systems & shoes
Advantage play games
Gambling in southeast Asia
Video Poker: Double up option
Sports: MGM risk free bets
Online casinos
Lottery: Sweet spots & scratchers
Craps: Dark side minimums
Creating your own game simulator
Wizard's favorite gambling game
Blackjack: Hitting a 16
Craps: Max odds
The World Series of Poker
Craps: Odds bets left working
Craps: Dice setting
Heather's hair & Pip
------------------------------------
Stream Date: 08-05-2021
Length: 00:50:48
Topic: Ask Me Anything
Subjects
Alaska & the Pacific Northwest
James Bond casino scenes
Video Poker: Can you get trespassed?
Current Vegas crowd conditions
Roulette: Cheating countermeasures
Roulette: Betting systems
Video Poker: 9/7 Bonus Poker?
Elaborate casino schemes
Three Card Poker: Pair Plus
Three Card Poker: Ante Bonus
Video Poker: Resorts World casino
Poker: Has AI surpassed humans?
Video Poker: Wizard's thoughts
Sports: Betting the underdogs
Blackjack: Tournament tips
The definition of "luck"
Video Poker: Tracking skill levels
Working at The Venetian
Blackjack: Is 6/5 a growing trend?
Blackjack: Lucky Ladies
Roulette: A fluke occurrence
Streaming on Twitch
Gambling games around the world
The Wizard's Twitter brain teasers
The Wizard's favorite casino games
--------------------------------------------
UNLV vs Wisconsin power-outage game story at the LA Times
A retrospective of the game at Las Vegas Review-Journal
------------------------------------------------------------
Episodes 41-60
Most Discussed Casino Games
1) Craps
2) Blackjack
3) Sports Betting
4) Video Poker
5) Slot Machines
Most Discussed Topics
1) Casinos ... Questions in this category fall into general casino discussion such as comps, hosts, dealer methods, funny stories, gaming trends, getting trespassed etc.
2) Math ... Although general math concepts are discussed, most math questions are gambling oriented such as game analysis, probability, random number generators etc.
3) The Wizard ... Questions asking about the Wizard's taste in casinos, games, food, films etc.
4) Las Vegas ... Discussion involving non casino activities in Vegas such as shows, restaurants, outdoor activities, amusement parks etc.
5) Online Issues ... These questions deal with online topics such as good/bad casinos, gambling games, game cheating, Bitcoin, Vegas websites etc.
Wizard of Odds Livestream Episodes 21-40
------------------------------------------------------------
Wizard of Odds Livestream Episodes 41-60
Stream Date: 09-17-2020
Length: 00:56:58
Topic: Ask Me Anything
Subjects
Yosemite vacation
Warning: 5Dimes closing to US players
National Park trivia (throughout show)
A Vegas zeppelin?
Would the Wizard pose naked?
Blackjack: Calculating a dealer busting
Hot and cold weather
Sports betting: Betting lines
Who's the real Wizard?
Brain eating bacteria
Slots: Who wins the jackpot?
Vegas casinos reopening status
Pai Gow Tiles
Frank, Dino or Sammy?
Blackjack: A luck calculation
The "Welcome to Las Vegas" sign
Video Poker: 4 to a royal probability
Hiring the Wizard for casino math
Masks and smoking
Winter in Baltimore
Blackjack: 6/5 and the casino hold
Tournament play strategy
High value casino chips and plaques
---------------------------
Wizard Shirt: University of Vermont
---------------------------
The Wizard got lucky with his vacation as Yosemite is now closed by the fires (00:15).
---------------------------
Hell freezes over as the Wizard has nice things to say about 6/5 blackjack (45:51).
---------------------------
From 14:10...
Stream Date: 09-24-2020
Length: 00:55:48
Topic: Ask Me Anything
Subjects
Math jokes (throughout show)
Baccarat: Can you make a living at it?
Blackjack: Counting methods
When will Vegas get back to normal?
Is this a good time to visit Vegas?
Baccarat: Playing hit and run
Riding a motorcycle
Stock market investing
Slots: Paying jackpot taxes
Sports betting: Is it affecting games?
Checking out new Vegas hotels
Abolishing dog and horse racing
Free Bet Blackjack
Getting kicked out of a casino
Blackjack: Effects of bad play
Pete Rose and the Hall of Fame
Video Poker: Best games
Casino celebrity sightings
Horse Racing: Is it beatable?
Baccarat: Getting barred
Card counting
Blackjack: House advantage vs hold
Dealer mistakes
Craps: Good and bad bets
Is dice control real?
Has the Wizard been trespassed?
Pretty girls distracting dealers
Craps: Betting the odds
Casino markers
Wizard math consulting
Stream Date: 10-01-2020
Length: 00:55:36
Topic: Ask Me Anything
Subjects
5Dimes and trailer news
Rock trivia
Craps: Card craps advantage play
The Wizard's biggest win
Joe Biden trivia (throughout show)
Will covid re-close casinos?
Las Vegas weather
Elvis has left the building
Has a casino banned the Wizard?
Macau: Pai Gow and blackjack offerings
Daylight savings time
Blackjack: High true counts
Vegas outdoor tourist spots
Magic tricks
Casino virus protection measures
Pickle poking
Moving to another state
Winter cold in Vegas
Magic shows in Vegas
Long-time fans
UTH: Seeing other player's cards
The Wizard and mathematics
The Vegas housing market
Is the Wizard sports betting?
Stream Date: 10-15-2020
Length: 01:00:58
Topic: Ask Me Anything
Subjects
Space tourism and the vomit comet
Skydiving and cliff jumping
Ultimate X Poker
Is Christopher Mitchell genuine?
The Wizard's favorite Vegas bars
Twitter ignorant
The 4-8-24 solar eclipse
The Wizard under the sea
"Real" haunted houses
Slots and UTH downtown
Caesars Diamond Elite vs Mlife Platinum
The dancing Wizard
Halloween costumes
Getting a casino host
Craps: How the house rounds the vig
Craps: Pulling a Don't Pass bet
Silly poker game videos
Spanish 21: Match the dealer
Name That Tune
Craps: Table minimum bets
A brief Wizard history
Police Trivia (throughout show)
Craps: Can you add to a Don't Pass?
Sports Betting: Parlay maximums
3 Card Poker vs Crazy 4 Poker
Crapless Craps: Betting the 2 or 12
Caribbean Stud: Vegas availability
The unicycling Wizard
Becoming a dealer
Pai Gow Poker: i-Verify machines
Slots: Are play styles analyzed?
Where is James Grosjean?
----------------------------------------------
Missing this episode...
Donald Trump trivia was promised
Pickle (perhaps he nips too much)
Reminder
The Wizard will offer an opinion of Christopher Mitchell (although Father Michael is guest hosting next episode).
Videos
Mentioned in this episode are underwater cemeteries. Your cremated remains are mixed in cement and shaped by a mold into (for example) a hollow sphere with holes for fish to swim in and out of. The molds are then submerged to form a man-made reef. The one the wizard mentions, however, is probably Neptune's Reef whose design is inspired by Atlantis. Here, the remains are molded into animal shapes (like sea shells, fish and sea turtles) and attached to the submerged structure...
Since it's the Halloween season and we're already flirting with submechanophobia, also mentioned is Nelson's Landing near Vegas. In an earlier livestream, it was revealed that the bay has an underwater statue of a giant octopus...
Stream Date: 10-29-2020
Length: 01:08:14
Topic: Ask Me Anything (Halloween Edition)
Subjects
Redshirt confession
The Circa resort opens
Sports Betting: Expired tickets
Poker: Playing the offsuit 7-2
Bible Trivia (throughout show)
Blackjack: When to stop playing
Benford's Law
Favorite bands
Horror Films
TV Show: The Queen's Gambit
Movie: The Cube
Craps: Dice landing off the table
Presidential election handicapping
Online Betting: PayPal vs Bitcoin
Mo Howard's grave
Sports Betting: Unders and home teams
Heads/tales vs black/red
Texas Hold'em: Seeing flashing cards
The Wizard's Halloween plans
Blackjack: Hitting 15 or 16
Death of a redshirt
Stream Date: 11-12-2020
Length: 01:01:14
Topic: Ask Me Anything
Subjects
2020 election betting
Bigger than poker?
Bitcoin conversions
Alex Trebek
Jeopardy hosts and nude beaches
Will Vegas shut down again?
Favorite board games?
Calculating theoretical losses for comps
Electronic games replacing live ones
Slots: Psychological tricks
Slots: Advantage play
Benford's law and the 2020 election
Betty White and Neil deGrasse Tyson
Steam video games
Blackjack: 16 vs dealer A-7
Stadium Gaming
Gambling addiction
The Three Stooges
Not so crazy casino stories
Tracking money with pen and paper
Gambling and religion
Slots: Downloading free play
Sports Betting: League opinions
Blackjack: Double Exposure
Teaching kids about gambling
Sports Betting: Futures house edge
Blackjack: Automatic shufflers
Slots: Wizard's math prices
Blackjack: Removing the high cards
RED LIGHT!
Wizard pastimes
Gambling songs
Online IQ tests
Survivor: Winners at War
Gambling movies
Favorite book genres?
Comps after mergers
Stream Date: 12-03-2020
Length: 01:00:10
Topic: Ask Me Anything
Subjects
What's the Wizard doing?
Red Rock and Calico Basin
Wonder Woman
Lottery: Sequential numbers
Silly Poker Games
Winning a long shot bet
Smash rooms
New table game problems
Online casino certifications
Vegas casino theming
Rolls/spins/hands per hour
Father Michael confessions
Craps: Quick reference stats
The US national debt
Star Trek: Q
Tipping for a room upgrade
Slots: Skill based games
Moon Pi
Sports Betting: Touts
Las Vegas Raiders
Is the Wizard a pro gambler?
The McNugget challenge
Craps: Wizard's side bets
Silverton and Circa
Craps: Hedging bets
A bankroll based on taxes
Casino card shuffler cheating
A whammy
Craps: High minimums
Stream Date: 12-17-2020
Length: 01:03:46
Topic: Ask Me Anything
Subjects
Pet birds & Pickle poop
Hanukkah trivia (throughout show)
Promotional wagers
Blackjack: Single deck games
Circa resort: Adults only
Game show: Card Sharks
What would you ask from Santa?
Crazy Time: The wheel game
Ole Peters' coin flip problem
Video Keno vs Video Poker
Leaving the table a loser
The best designed casino card game
Jackpots & taxes (part 1)
Baccarat: What's the appeal?
Good Guys Bad Guys & drinking
Are casinos honoring pre-Covid comps?
A small money wager
Fishing probability & water sports
Come on down!
The Wizard and magic
Slots: Skill based games
Jackpots & taxes (part 2)
Casino dealer incomes
Craps: Buy bets vs Place bets
Wizard the vagrant
Hitting on Heather
Millennium Prize Problems
-------------------------------
Stream Date: 01-07-2021
Length: 00:59:36
Topic: Ask Me Anything
Subjects
The Monty Hall Problem
Marilyn vos Savant was right!
Dawn Wells R.I.P
Gilligan's Island trivia (throughout show)
Casino host vs independent host
Craps: Put bets
Sympathy or empathy?
Are comps based on losses only?
Gilligan's Island video game
Long shot payouts vs parlay betting
The Mid-Atlantic accent
Gilligan's Island original pilot
Casino War: Where can you play?
Star Trek, calculus, and 9-year olds
Pai Gow Tiles: Macau superstitions
An angry bird
------------------------------
Stream Date: 01-21-2021
Length: 00:50:05
Topic: Ask Me Anything
Subjects
A porn star mustache
Kayaking to Lake Mohave
Palindrome dates
$50 vs 50$
Ultimate Texas Hold'em: Trips bet
Biden and online gambling
Craps: How the Wizard plays
The Wizard Seal of Approval
Arcade advantage plays
Status of Vegas comps
Wills and Inheritance
Craps: All, Tall & Small bets
Hedging bets
Being an adjunct professor
Three Card Poker: Pair Plus bet
Burning Man: A bleak future?
Your last meal in Vegas
Using an aiding device
Thoughts on Bitcoin
Casino power outage protocol
Lottery: Mega Millions odds
Slots: Video recording
Free Bet Blackjack: House edge
Stream Date: 02-04-2021
Length: 01:00:36
Topic: Ask Me Anything
Subjects
Super Bowl LV wagering
Facial hair & glasses
The Majestic Hotel
Card Counting: The Knockout system
Blackjack: The Insurance bet
Low risk comp earning
Coin toss wagering
Heads vs tails psychology
Karen Puzzles & celebrity crushes
Craps: The Don't Come bet
Low limit Vegas casinos
Video Keno: Is it rigged?
Dice Influence: Is it real?
The Wizard's Super Bowl bets
Hand vs automatic shuffling
A coin toss game
Craps: All, Tall & Small bets
Ultimate Texas Hold'em: HE vs EoR
Can auto shufflers be manipulated?
Craps: The Iron Cross bet
Video Poker: Is 9/6 JoB still available?
New Game: Flushed
Casino Covid vaccinations
Cashless casinos
"Fair" and the house edge
Video Poker: Return tables
The Martingale betting system
------------------------------------
Addendum
Karen Puzzles on YouTube
As metioned, the game "Flushed" has begun a field trial at the Strat. This game appeared at the 2019 Cutting Edge conference. The WOO website did not make a video of it but Heather made the one below (in which the Wizard makes a cameo) for her Vegas Aces website...
Note that the above is the roulette-style, big-table version where players have their own color chips.
The next video is a tutorial and shows the blackjack-style table with individual betting areas...
Note that the video shows 6 player positions. The version now on trial at the Strat, however, has only 4 player positions.
Stream Date: 02-25-2021
Length: 01:03:09
Topic: Ask Me Anything
Subjects
Chag Purim Sameach!
Super Bowl wagering postmortem
Zion National Park
Sports Betting: Touts
Hot and cold streaks
Purim trivia (throughout show)
Sarah the Slotlady
Video Poker: 4 to a royal
Jeopardy! guest hosts
Edge sorting prevention
Sabotage in the land of Oz
The legal gambling age
The state of Asian gambling
Loose video poker = loose slots
Video Keno returns
Clue characters
LA to Vegas bullet train
Slots: High limit returns
Video Poker: Bad luck
Mustaches, mullets & Tiny Tim
Maximum aggregate payouts
Stream Date: 03-11-2021
Length: 01:04:28
Topic: Ask Me Anything
Subjects
Covid, kayaking & climbing
Gambling trivia (throughout show)
Blackjack: Splitting strategy
Slots: Bonus round randomness
Blackjack: Spreading hands
YouTube deletions & eggnog
Little Professor calculator
Roulette: Who will lose more money?
Betting systems vs house edge
The Vegas-Aces website
Craps: Dice control
Jeopardy! guest hosts
The stock market
APing the Longhorn casino
The sneakiest casino thing
Do casino chips expire?
Three Card Poker: House edge
A $1000 bankroll
Blackjack: 6-5 tables
Can you trust online casinos?
Bubble craps
-------------------------
Addendum
Vegas-Aces Website
Stream Date: 04-08-2021
Length: 00:58:44
Topic: Ask Me Anything
Subjects
A trip to Sedona
Variance on electronic table games
Blackjack: Stadium games
Craps: Muggsy's Corner side bet
Roulette: 2G'$ side bet
Structuring & Social Security numbers
Princess Leia hair
Freeplay at the Longhorn casino
Slots: YouTube slot channels
Are carnival games disappearing?
Online betting system scammers
Bigger bets = better rules
Roulette: Comp Killer system
The "Ask the Wizard" column
Binge watching TV shows
Can players only make side bets?
YouTube video editing
Online Casinos: Terms & Conditions
Random number generators
Do dealers prefer cash tips or bets?
Star Wars: TV, film, and baby Yoda
The best games for comps
Slots: Progressive odds
Ramadan Trivia (throughout show)
Sports Betting: Vegas sportsbooks
Does the Wizard still enjoy gambling?
Slots: Do machines offer a "taste"?
Respect for the money
Stream Date: 04-22-2021
Length: 01:02:11
Topic: Ask Me Anything
Subjects
The 52 Peak Club
Gambling simulation software
Video Poker in Downtown Vegas
Video Poker: Multi-Hand
Video Poker: 4 to an inside straight
Regulating tribal casinos
Craps: Don't Pass house edges
Ethical & responsible gambling
Shuffle variance & probability
The Wizard vs Wixiplay
Roulette: A winning strategy?
Casinos & Social Security numbers
Pai Gow Tiles in Macau
Gambling book titles
When will Vegas be wide open?
Video Poker: Wizard AP stories
Keno: Do number patterns work?
Blackjack: 6/5 vs 3/2
Automatic shuffler vs hand shuffle
Becoming a Vegas casino dealer
Craps: Suspicious variance
EZ Baccarat: Counting the dragon
Baccarat: Vegas rules
Player card bonuses
Live craps vs bubble craps
What should first time players play?
What the heck is Pickleball?
Favorite Vegas area hikes
A brain eating ameba tangent
------------------------------------------------------
Stream Date: 05-13-2021
Length: 01:08:59
Topic: Ask Me Anything
Subjects
Climb every mountain
Climbing the walls
Sports: Arbitrage betting
Keno: Probability regulation
Betting Systems: Simulations
Will casinos allow marijuana use?
Slots: Mapping the reels
Game Show: Card Sharks
Player money management
The Wizard's favorite casino games
Tipping on a hand pay
Tipping at a table game
Free drinks at the video poker bar
Ticket machines & counterfeit bills
Random number generators
Pickleball
4x4 to Bridge Mountain Trail
High value casino chips
Sports: Using a free bet
Craps: Sucker bets
Spanish 21: Is it underappreciated?
Slots: Does bet size affect returns?
Blackjack: 3-2 vs 6-5
The Golden Ratio
Russian casinos & the mob
Are casino mask mandates ending?
The Vegas area water supply
Funny names & daylight savings
------------------------------------------------------
The bridge on Bridge Mountain
Stream Date: 05-27-2021
Length: 00:58:25
Topic: Ask Me Anything
Subjects
Area 51 vs Area 15
Baccarat: Can you beat it?
Defining carnival games
Game Show: Card Sharks
Pai Gow Tiles: High hands
Heather's favorite game to deal
Playing to make better comps
Distributing tips amongst dealers
Spanish 21: Favorite hands
High volatility and a low house edge
Best Vegas information websites
Buffet status in Vegas
The Martingale betting system
Favorite defunct table games
Craps: Hedge bets
Craps: Best Vegas tables
Are dealers allowed to parlay tips?
Texas Station vs Eastside Cannery
Blackjack: Players affecting your hand
Favorite casinos
Pizza toppings
Wizard's blackjack calculator
Legalizing online gambling
Table game minimums
Casino War: Do you like it?
Casino dealing around the world
If I owned a casino...
Craps: Tipping meathods
Stream Date: 06-17-2021
Length: 01:02:02
Topic: Ask Me Anything
Subjects
Wizard's hair
Boating on Lake Powell
Father's Day trivia (throughout show)
Blackjack: Jack Jack
Slots: Tracking progressives
Correcting other player's play
Slots: Reel mapping
Should designers add a jackpot?
Where to cool off in Vegas
Craps: Dice control
Using promo chips
Favorite video games
"Weird Al" Yankovic
Heather's hair
Flag Day
Gambling math concepts
Advantage play for a living
Chess: Human vs computer
Juneteenth holiday & working
Favorite board games
Gambling math & programming
Slots: Bonus round math
IQ, Mensa, and puzzles
Blackjack: Card counting
Blackjack: Math or simulations?
Craps: Horn numbers
Sports: Parlay boost
Future livestream formats
The Wizard in casinos
-------------------------------------------
Stream Date: 07-01-2021
Length: 01:03:26
Topic: Ask Me Anything
Subjects
Back together in the studio
Pai Gow Tiles: Where to play
Alaska Trivia (throughout show)
Spanish 21: Basic strategy
"The Book"
Sports: Wizard's favorite bet
Minus5° Ice Bar
Baccarat: Systems & shoes
Advantage play games
Gambling in southeast Asia
Video Poker: Double up option
Sports: MGM risk free bets
Online casinos
Lottery: Sweet spots & scratchers
Craps: Dark side minimums
Creating your own game simulator
Wizard's favorite gambling game
Blackjack: Hitting a 16
Craps: Max odds
The World Series of Poker
Craps: Odds bets left working
Craps: Dice setting
Heather's hair & Pip
------------------------------------
Stream Date: 08-05-2021
Length: 00:50:48
Topic: Ask Me Anything
Subjects
Alaska & the Pacific Northwest
James Bond casino scenes
Video Poker: Can you get trespassed?
Current Vegas crowd conditions
Roulette: Cheating countermeasures
Roulette: Betting systems
Video Poker: 9/7 Bonus Poker?
Elaborate casino schemes
Three Card Poker: Pair Plus
Three Card Poker: Ante Bonus
Video Poker: Resorts World casino
Poker: Has AI surpassed humans?
Video Poker: Wizard's thoughts
Sports: Betting the underdogs
Blackjack: Tournament tips
The definition of "luck"
Video Poker: Tracking skill levels
Working at The Venetian
Blackjack: Is 6/5 a growing trend?
Blackjack: Lucky Ladies
Roulette: A fluke occurrence
Streaming on Twitch
Gambling games around the world
The Wizard's Twitter brain teasers
The Wizard's favorite casino games
--------------------------------------------
UNLV vs Wisconsin power-outage game story at the LA Times
A retrospective of the game at Las Vegas Review-Journal
------------------------------------------------------------
Episodes 41-60
Most Discussed Casino Games
1) Craps
2) Blackjack
3) Sports Betting
4) Video Poker
5) Slot Machines
Most Discussed Topics
1) Casinos ... Questions in this category fall into general casino discussion such as comps, hosts, dealer methods, funny stories, gaming trends, getting trespassed etc.
2) Math ... Although general math concepts are discussed, most math questions are gambling oriented such as game analysis, probability, random number generators etc.
3) The Wizard ... Questions asking about the Wizard's taste in casinos, games, food, films etc.
4) Las Vegas ... Discussion involving non casino activities in Vegas such as shows, restaurants, outdoor activities, amusement parks etc.
5) Online Issues ... These questions deal with online topics such as good/bad casinos, gambling games, game cheating, Bitcoin, Vegas websites etc.
Have you tried 22 tonight? I said 22.
August 24th, 2021 at 3:59:14 AM
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In Pai Gow Tiles and Poker both, Player Banking is allowed.
However, with Pai Gow Poker, I found what other players expect makes banking undesirable to pursue [for me anyway]. A dealer finally explained "the way the Asians play, they make an agreement to give the money they won from each other back to each other. That way the effect is only how you did against the dealer. They mostly bank to just change their luck. " Non-Asians also have odd reactions.
Is this also true of Tiles?
However, with Pai Gow Poker, I found what other players expect makes banking undesirable to pursue [for me anyway]. A dealer finally explained "the way the Asians play, they make an agreement to give the money they won from each other back to each other. That way the effect is only how you did against the dealer. They mostly bank to just change their luck. " Non-Asians also have odd reactions.
Is this also true of Tiles?
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
September 1st, 2021 at 7:43:48 AM
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Questions
1) What are your thoughts on the "Jeopardy!" host situation?
2) What are your thoughts on Matt Amodio's play style?
1) What are your thoughts on the "Jeopardy!" host situation?
2) What are your thoughts on Matt Amodio's play style?
Have you tried 22 tonight? I said 22.
September 2nd, 2021 at 2:15:16 PM
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The next live stream is postponed until Sept 9. I apologize for the inconvenience.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
September 9th, 2021 at 12:31:34 PM
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Reminder -- live stream today at 3:00 Pacific time.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
September 9th, 2021 at 2:22:12 PM
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Quote: WizardReminder -- live stream today at 3:00 Pacific time.
link to original post
You probably should post a link when you post these reminders. Some of us are too lazy too look back through the thread.
At my age, a "Life In Prison" sentence is not much of a deterrent.
September 10th, 2021 at 7:49:33 PM
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Episode #61
Stream Date: 09-09-2021
Length: 01:01:33
Topic: Ask Me Anything
Subjects
Half Dome rant
Slots: Showing the RTP
UTH: Royal's % of RTP
Dealers promoting side bets
Video Poker: Continuous shuffle
Wonder Woman art
Blackjack: Counting in Jersey
Has the Wizard cheated?
Video Poker: Variants
Street performer shakedown rant
Probability vs simulation
Slots: Go Go Claw machine
Craps vs video poker
Gas prices in Vegas
Roulette: Is "0" odd or even?
Jeopardy! hosts & play-styles
Pai Gow: Banking superstitions
Pai Gow Tiles: Availability
Parlaying dealer tips
When should you tip a dealer?
UTH: Pointing out dealer errors
Solving the Ghost Cube
Slots: Bonus choices
Casinos in Oz & Kiwi
Covid restriction in Vegas
Blackjack: Forgetting the count
Next LiveStream: 09-23-21
--------------------------------------------
Stream Date: 09-09-2021
Length: 01:01:33
Topic: Ask Me Anything
Subjects
Half Dome rant
Slots: Showing the RTP
UTH: Royal's % of RTP
Dealers promoting side bets
Video Poker: Continuous shuffle
Wonder Woman art
Blackjack: Counting in Jersey
Has the Wizard cheated?
Video Poker: Variants
Street performer shakedown rant
Probability vs simulation
Slots: Go Go Claw machine
Craps vs video poker
Gas prices in Vegas
Roulette: Is "0" odd or even?
Jeopardy! hosts & play-styles
Pai Gow: Banking superstitions
Pai Gow Tiles: Availability
Parlaying dealer tips
When should you tip a dealer?
UTH: Pointing out dealer errors
Solving the Ghost Cube
Slots: Bonus choices
Casinos in Oz & Kiwi
Covid restriction in Vegas
Blackjack: Forgetting the count
Next LiveStream: 09-23-21
--------------------------------------------
Have you tried 22 tonight? I said 22.
September 17th, 2021 at 4:38:10 PM
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this is the new wrinkle with BetMGM, what I am encountering anyway.
It's the same way they have been giving you a freebet, that is, they've had a lot of offers to cover your entire bet if you lose a bet, and they always say if you lose the "freebet" you lose again of course, and when you win, you however only get the winnings, not the value of the amount bet... "please note" as it says. But in this new thing I am seeing, you only get half the original bet in the bet you get to make when you lose.
Now they are favoring this new way, see below. *But there is a new twist*, in that you *get* this half-bet whether you win or lose. I can confirm this is the case. In this offer, you bet $10 and immediately get $5 to bet with with the usual not quite as good as it sounds freebet, in that you only get the winnings.
Nonetheless I am thinking this is maybe just as good, still something that is +EV, do you agree?
It's the same way they have been giving you a freebet, that is, they've had a lot of offers to cover your entire bet if you lose a bet, and they always say if you lose the "freebet" you lose again of course, and when you win, you however only get the winnings, not the value of the amount bet... "please note" as it says. But in this new thing I am seeing, you only get half the original bet in the bet you get to make when you lose.
Now they are favoring this new way, see below. *But there is a new twist*, in that you *get* this half-bet whether you win or lose. I can confirm this is the case. In this offer, you bet $10 and immediately get $5 to bet with with the usual not quite as good as it sounds freebet, in that you only get the winnings.
Nonetheless I am thinking this is maybe just as good, still something that is +EV, do you agree?
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
September 21st, 2021 at 6:55:27 PM
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Question: What are your thoughts on blockchain technology and how it applies to online gaming?
Have you tried 22 tonight? I said 22.
September 22nd, 2021 at 10:50:33 AM
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Thanks, Michael, you have been great with this online sports wagering, which is new to me.
here's another one that has been once a week
To receive the $25 in a betMGM-type freebet, you bet $25 and lose, to receive $1 you bet $1 and lose. But again you will receive any winnings on this type freebet, but not the wagered amount. Original bet as specified, freebet on any sport.
My problem is that this for a prop bet. For all I know the house edge is 40%. There is no "won't score the first TD" bet to compare it with. If we knew it was maybe a 10% house edge this would be +EV. Would you still go for it?
here's another one that has been once a week
Quote:Place a prop bet on a player to score the first touchdown of any NFL game and you’ll receive up to $25 in Free Bets if your wager loses
To receive the $25 in a betMGM-type freebet, you bet $25 and lose, to receive $1 you bet $1 and lose. But again you will receive any winnings on this type freebet, but not the wagered amount. Original bet as specified, freebet on any sport.
My problem is that this for a prop bet. For all I know the house edge is 40%. There is no "won't score the first TD" bet to compare it with. If we knew it was maybe a 10% house edge this would be +EV. Would you still go for it?
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
September 24th, 2021 at 5:51:36 PM
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Episode #62
Stream Date: 09-23-2021
Length: 01:00:29
Topic: Ask Me Anything
Subjects
Paddleboarding in Long Beach
The Wizard's puzzle collection
Slots: Variable state machines
Russian Poker
UTH: 4x raise with negative EV
Video Poker: Coin in for comps
Fish game arcades
Blackjack: Bullied players
3 Card Poker vs blackjack
Blackjack: Card counting volatility
Baccarat: Money management
Keno Redraw
Getting around in Vegas
Blackjack: 16 vs 10
Roulette: Is there a strategy?
Roulette: La Partage rules
Sports: 1st player scoring a TD
Online: Blockchain technology
Sports: Free bets
Roulette: La Partage in Vegas
Next LiveStream: 10-14-21
---------------------------------------------------
Are they legal?
Manufacturer demo...
Stream Date: 09-23-2021
Length: 01:00:29
Topic: Ask Me Anything
Subjects
Paddleboarding in Long Beach
The Wizard's puzzle collection
Slots: Variable state machines
Russian Poker
UTH: 4x raise with negative EV
Video Poker: Coin in for comps
Fish game arcades
Blackjack: Bullied players
3 Card Poker vs blackjack
Blackjack: Card counting volatility
Baccarat: Money management
Keno Redraw
Getting around in Vegas
Blackjack: 16 vs 10
Roulette: Is there a strategy?
Roulette: La Partage rules
Sports: 1st player scoring a TD
Online: Blockchain technology
Sports: Free bets
Roulette: La Partage in Vegas
Next LiveStream: 10-14-21
---------------------------------------------------
Are they legal?
Manufacturer demo...
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Have you tried 22 tonight? I said 22.
September 29th, 2021 at 9:20:26 AM
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The next live stream has been rescheduled from Oct 14 to Oct 21. I apologize for the inconvenience.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
October 20th, 2021 at 3:40:25 AM
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OK, so how many pushups do I have to do? Er, well, how many does just about every gambler I know have to do?
In your advice* about second-chance bets you indicated that the best strategy is to take longshots both in the initial bet and the second chance bet as well. I confess I quickly lost heart with this**. But other gamblers, I have long observed, may be willing to follow orders on the first bet when using any similar offer; however when they lose, they go to the lowest variance game they can use to try to get their money back, pushups be damned.
What's the real cure for this problem?
Sorry, I have trouble making this a nice short question but I'd love it if you addressed it.
* you also put it in an Ask-the-W, thanks! ... which can be seen in this link for a refresher https://wizardofodds.com/ask-the-wizard/347/
** I blogged about why, if anyone wants to be bored
In your advice* about second-chance bets you indicated that the best strategy is to take longshots both in the initial bet and the second chance bet as well. I confess I quickly lost heart with this**. But other gamblers, I have long observed, may be willing to follow orders on the first bet when using any similar offer; however when they lose, they go to the lowest variance game they can use to try to get their money back, pushups be damned.
What's the real cure for this problem?
Sorry, I have trouble making this a nice short question but I'd love it if you addressed it.
* you also put it in an Ask-the-W, thanks! ... which can be seen in this link for a refresher https://wizardofodds.com/ask-the-wizard/347/
** I blogged about why, if anyone wants to be bored
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
October 20th, 2021 at 8:20:44 AM
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Question
Are there any casino or downtown Halloween events worth seeing?
Are there any casino or downtown Halloween events worth seeing?
Have you tried 22 tonight? I said 22.
October 21st, 2021 at 7:08:45 AM
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Reminder about today's live stream!
Today, in honor of Halloween, Father Michael will be stepping in for the Wizard. Be prepared for some bible trivia! Fr. Michael also welcomes your confessions and will be offering his sage advice on any moral dilemmas you care to share.
Today, in honor of Halloween, Father Michael will be stepping in for the Wizard. Be prepared for some bible trivia! Fr. Michael also welcomes your confessions and will be offering his sage advice on any moral dilemmas you care to share.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
October 21st, 2021 at 11:53:31 AM
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I don't know how you guys usually find me, but here is a link to today's live stream.
Direct: https://www.youtube.com/watch?v=jHLi3aawV0M.
Heather can't make it today, so please be patient with me. I have never done one of these by myself before.
Direct: https://www.youtube.com/watch?v=jHLi3aawV0M.
Heather can't make it today, so please be patient with me. I have never done one of these by myself before.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
