jon
jon
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March 27th, 2013 at 6:04:35 PM permalink
Today I attended Eliot Jacobson's "Advanced Advantage Play" seminar (in my hometown of Philadelphia). The seminar was absolutely outstanding. I usually get bored easily at long lectures (my wife warned me not to fall asleep!) but Eliot is an outstanding speaker and the entire seminar was fascinating. I thought I knew most of what there was to know about advantage play, but I was amazed at how behind the times I really was. I had thought that card counting on standard blackjack games and hole carding three card poker were the best advantage plays out there, but Eliot showed how these plays are now passé as there are much stronger advantage plays out there.

Eliot is also giving the same seminar in Las Vegas in May: http://apheat.net/2013/03/22/advanced-advantage-play-seminar-comes-to-las-vegas/

I strongly recommend attending. The seminar is intended for casino professionals to help them eliminate AP threats, but I think it would also be interesting for game designers (to help you develop invulnerable games) and academics (like myself). If you are really an advantage player and want to attend, I suggest you contact Eliot before registering because I'm not sure if casino personnel would be comfortable with any of their nemeses sitting next to them (not to mention your appearance will be known to a roomful of casino professionals).
Zcore13
Zcore13
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March 27th, 2013 at 6:13:46 PM permalink
Elliot is very good at what he does. I had the privilege to listen to him speak and meet him at G2E. If he's speaking on gambling, it's probably a good idea to listen to what he's saying.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
MathExtremist
MathExtremist
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March 28th, 2013 at 4:30:25 PM permalink
Quote: jon

Today I attended Eliot Jacobson's "Advanced Advantage Play" seminar (in my hometown of Philadelphia). The seminar was absolutely outstanding. I usually get bored easily at long lectures (my wife warned me not to fall asleep!) but Eliot is an outstanding speaker and the entire seminar was fascinating. I thought I knew most of what there was to know about advantage play, but I was amazed at how behind the times I really was. I had thought that card counting on standard blackjack games and hole carding three card poker were the best advantage plays out there, but Eliot showed how these plays are now passé as there are much stronger advantage plays out there.

Eliot is also giving the same seminar in Las Vegas in May: http://apheat.net/2013/03/22/advanced-advantage-play-seminar-comes-to-las-vegas/

I strongly recommend attending. The seminar is intended for casino professionals to help them eliminate AP threats, but I think it would also be interesting for game designers (to help you develop invulnerable games) and academics (like myself). If you are really an advantage player and want to attend, I suggest you contact Eliot before registering because I'm not sure if casino personnel would be comfortable with any of their nemeses sitting next to them (not to mention your appearance will be known to a roomful of casino professionals).


I agree; Eliot is one of the better minds in the industry. I hope his Vegas session gets a good turnout. I was talking with an operator recently who had never heard of edge sorting, for example.

Without divulging specifics, what was the greatest potential edge an AP could achieve by using one of the exploits he discussed?
"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
Keyser
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March 28th, 2013 at 4:50:27 PM permalink
Sort play is huge. It's no secret as to why some casinos use the brushes on the front of some shoes. Even at BJ. I'm also not surprised to see the game protection in use at the Venetian/Pallazo.
teliot
teliot
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March 28th, 2013 at 5:41:14 PM permalink
Thanks for the plug Jon! It was great seeing you in Philadelphia, and it was fantastic to have your expertise in the room to help answer some questions about intellectual property issues.

Quote: MathExtremist

Without divulging specifics, what was the greatest potential edge an AP could achieve by using one of the exploits he discussed?


The highest % edge I discussed was Mississippi Stud hole-carding. The highest $ edge I discussed was probably a tie between edge sorting and loss rebate plays -- which tend to start in the six-figure range.
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jon
jon
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March 28th, 2013 at 11:19:17 PM permalink
Quote: teliot

The highest % edge I discussed was Mississippi Stud hole-carding.


I hope Mark Yoseloff doesn't read this blog or attend your lecture ;)
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