Soliciting gambling questions
You may submit your questions here or by PM. I also welcome questions that are not gambling related. Try to channel your inner Barbara Walters and ask me the tough questions everyone is afraid to ask but wants to know the answer to.
A) Hit a big casino hard with a few max bets, then leave for a few weeks before hitting another big casino. Keep going until they fix the hole or back you off.
B) Intersperse medium sized winning bets with small losers all over town and milk the cows for hopefully a longer period of time.
C) Form a team and do (A).
D) Form a team and do (B).
E) Contact the manufacturer and offer it to them for a finders fee + a residual.
F.) Other?
Quote: AyecarumbaIf I was able to figure out a hole in the code of a certain VP machine, which exploit will make me the most money?:
A) Hit a big casino hard with a few max bets, then leave for a few weeks before hitting another big casino. Keep going until they fix the hole or back you off.
B) Intersperse medium sized winning bets with small losers all over town and milk the cows for hopefully a longer period of time.
C) Form a team and do (A).
D) Form a team and do (B).
E) Contact the manufacturer and offer it to them for a finders fee + a residual.
F.) Other?
Ah, yes, I get asked this one all the time ;-).
(What were you expecting me to ask..."when will RTC get a bus line to The M"?)
Meanwhile, can I take a crack at this one:
Quote: AyecarumbaIf I was able to figure out a hole in the code of a certain VP machine, which exploit will make me the most money?:
A) Hit a big casino hard with a few max bets, then leave for a few weeks before hitting another big casino. Keep going until they fix the hole or back you off.
B) Intersperse medium sized winning bets with small losers all over town and milk the cows for hopefully a longer period of time.
C) Form a team and do (A).
D) Form a team and do (B).
E) Contact the manufacturer and offer it to them for a finders fee + a residual.
F.) Other?
It seems to me (C) is your best shot, especially if your team hits hard, fast, and simultaneously. Once one casino notices the problem, I seriously doubt the game manufacturer won't warn the others. (B) and (D) run the risk of the flaw being detected by someone else before you can make any worthwhile gains out of it.
The e-craps bug was hit hard and fast for $100 k in a day at resorts world May 2013. It was discovered the very next day
Both cases all casinos were notified and then problem fixed.
So not sure. Probably could make more keeping it low
So... Dollar wise, which of these three countries average citizen's lives are the most valuable to the United States?
North Korea - We spend millions on humanitarian aid. We also spend billions on military support of the South Koreans rather than taking military action to eliminate the running costs.
Iran - Americans and other westerners died at the hands of groups supported by the Iranian theocracy, but we did not take military action to avoid civilian casualties. We spent millions to evacuate civilians when the Shah fell. We give them millions to not develop nuclear weapons. Their oil is still valuable to the global economy.
Mexico - There are millions of citizens of Mexico in the United States "illegally", but they are actively not pursued by many local governments. We force illegal immigrants to risk death crossing the desert or employing "Coyotes" to bring them across, and spend billions employing a small army to police the border rather than provide safe passage or employ a system of visas and immigration that meets our economic needs. The cheap labor is valuable to us though.
1. PG tiles?
2. PG poker?
Assuming you play optimally and the house and other players use house way. Standard rules, 5% commission, no rounded commission and no pre-paying commission.
Quote: AyecarumbaIf I was able to figure out a hole in the code of a certain VP machine, which exploit will make me the most money?:
A) Hit a big casino hard with a few max bets, then leave for a few weeks before hitting another big casino. Keep going until they fix the hole or back you off.
B) Intersperse medium sized winning bets with small losers all over town and milk the cows for hopefully a longer period of time.
C) Form a team and do (A).
D) Form a team and do (B).
E) Contact the manufacturer and offer it to them for a finders fee + a residual.
F.) Other?
Contact RS and say you'll sell the information for $100 and won't tell anyone else. This will maximize my value.
*who is the woman in the picture you posted from your "Baltimore days"?
*for your hiking/climbing, do you find the following to be accurate? "for day hiking figure you can do 3 miles per hour, + 1 hour for every 1000 feet of elevation climb."
A) +EV
B) -EV to research for your writing
C) -EV for entertainment
Without sidetracking the thread, I just want to point something out to a previous poster. The money we spend defending South Korea would be a drop in a bucket compared to what defending a unified Korea would be. How do you think China and Russia would react to having US troops on their border?
Are you currently welcome to gamble anywhere in Vegas or are there certain places that don't allow you entry?
I look forward to your answers!!
Would you consider it jyst part of the playing the game or would you feel guilty about it?
Q: For the Las Vegas Strip, I've seen it reported that the Average $1 slot pay-back is 93.03%. What do you suppose the +/- range on that is for 95 % of the machines on the Strip ?
But for other personal or non-gambling related questions, I think the video would be more interesting if you had to come up with the answer on the spot.
Quote: camaplIn Blackjack, I had never heard of surrender until reading your sites. Is inquiring about this rule in a casino going to tip my hat as a player in the know, and is the potential increase in return worth the risk? Thank you!
If you're going to play anyway, just wait until you have a situation where you should surrender, then ask the dealer if you can surrender.
Quote: billryanJust surrender and act surprised if you aren't allowed to. Same with DAs and any other oddity. Or simply ask the rules when you sit down.
I don't know why it's so hard for casinos to just post all of the rules on signage. Soaring Eagle and Little River do. That's how I found out about the "double on split aces" rule.
Quote: IbeatyouracesI don't know why it's so hard for casinos to just post all of the rules on signage. Soaring Eagle and Little River do. That's how I found out about the "double on split aces" rule.
++
Thanks all for your valued input!
a) Have you been using your Caesars Diamond Show tickets ?
- If not, why not ?
b) When you go to a casino in Vegas, do you get recognized a lot ?
- Is that a hassle ?
c) How often are you actually in a Strip Casino ?
- In any casino ?
d) Are you still doing much with Wizard of Odds ?
- How are you keeping yourself busy these days ?
e) What is your favorite locals casino ?
- Why ?
Quote: IbeatyouracesI don't know why it's so hard for casinos to just post all of the rules on signage. Soaring Eagle and Little River do. That's how I found out about the "double on split aces" rule.
I was playing at a place on the strip a number of years ago and they evidently had a rule where you could show your twenty and collect an automatic half win. No signs about it, and the dealer couldn't coherently explain the rule. Needed a suit to explain it to the table. Suddenly everyone is surrendering their 20s, making the house mo money.
Quote: billryanI was playing at a place on the strip a number of years ago and they evidently had a rule where you could show your twenty and collect an automatic half win. No signs about it, and the dealer couldn't coherently explain the rule. Needed a suit to explain it to the table. Suddenly everyone is surrendering their 20s, making the house mo money.
Casino Surrender. I thought it was on the Odds site. I couldn't find it but I know it's been discussed before.
P.S. After the snail joke, my GF said comedy-related stuff is probably out.
Where do broads like Angela play? How much do casinos charge to sit beside them?
Who dragged whom how many times around the what of where?
Can one make don't bets that will be active on someone's come out roll?
If the table limits are 25.00 to 500.00 at a craps table how high can I do the hard six and how high can I hop the hard six? Please don't say ask the box man, I want to seem as if I know what I'm doing and not have to walk up to a craps table and ask What is Trump? I don't want to do that even more so since the election results were announced to those who care about such things.
Where can I find a slot machine that I can understand? No zillions of lines, only three reels, etc.
What is the determination of which base dealer is FIRST base?
When I say chek change only why does the base dealer crack wise and say what else would I do with it?
2) The three best things ?
3) If you were in charge of the Nevada Gaming Commission, what changes would you implement, if any ?
Quote: odiousgambit*who is the woman in the picture you posted from your "Baltimore days"?
Which picture are you referring to?
Quote: JohnnyQBut for other personal or non-gambling related questions, I think the video would be more interesting if you had to come up with the answer on the spot.
I tend to agree. For the next one, I may ask questions to be sent privately to a third party.
Quote: BTLWIDid you profit or lose money on WizCoin? Does anyone still have any?
I lost a little. Both buyers cashed out already at a profit. One much more than the other.
Ate there other applications for combinatorial math that you find intellectually intriguing?
Quote: gordonm888What is the typical price in today's marketplace that mathematicians can charge for a math report on a new casino game? Does anyone really make a full-time living doing that or do game mathematicians always have a "day job."? (not counting you and the WOO site which is a very unusual achievement in the industry.)
Ate there other applications for combinatorial math that you find intellectually intriguing?
I don't plan to have Angela ask me that, so I'll answer it here.
Yes, one can make a living analyzing casino games on a freelance basis. To analyze a game like Three Card Poker, for example, one would charge anywhere from $1,000 to $5,000 I'd say. I think everyone would say that doing the math is the fun part, it is dealing with the clients that is the aggravating part.
After 2 rounds of this, I think a lot of the good questions would have already been asked.Quote: WizardI tend to agree. For the next one, I may ask questions to be sent privately to a third party.
I probably should let the Wizard respond to this but I can't resist interjecting my response to this question. Its not so much "to save the gambler money" but to educate the gambler where he makes informed decisions.Quote: onenickelmiracleDo you really save gamblers money?
Quote: onenickelmiracleDo you really save gamblers money? I'm not being disrespectful, just have noticed the more people know, the more they gamble and the more often they're gambling. They might be better off splitting tens and being so fed up, they never go into a casino.
the gambler needs to take the information he has learned further. so he learned that he can cut into the house edge at craps by only making bets with the smallest diaadvantage - pass and don't pass and then free odds. he needs to then go further and calculate what his expected loss is if he makes $25 bets and plays for 4 hours. and then he needs to go further still and calculate what his expected loss would be if he goes 3 standard deviations to the negative. and he needs to know that free odds does not yield a positive expectation, it only increases variance. when he knows all of these things then he can gamble intelligently if he has discipline. he can know that for example if he plays for four hours making an estimated no. of bets per hour and bets a certain amount that he is very unlikely to lose more than $500. but if he cannot maintain discipline in his gambling activities then all of this knowledge is largely wasted.
Quote: WizardI don't plan to have Angela ask me that, so I'll answer it here.
Yes, one can make a living analyzing casino games on a freelance basis. To analyze a game like Three Card Poker, for example, one would charge anywhere from $1,000 to $5,000 I'd say. I think everyone would say that doing the math is the fun part, it is dealing with the clients that is the aggravating part.
A follow up to this,if you or other Gambling mathematicians do a game analysis and a mistake is made would you be liable for damages if the game had a player edge,and casinos lost money on it?
Quote: HunterhillA follow up to this,if you or other Gambling mathematicians do a game analysis and a mistake is made would you be liable for damages if the game had a player edge,and casinos lost money on it?
As far as I know, this has not happened yet. I thought the casinos in Colorado that put in Magic 21, which had a big player advantage, would be mad, but from what I hear, they are being good sports about it.
Quote: HunterhillA follow up to this,if you or other Gambling mathematicians do a game analysis and a mistake is made would you be liable for damages if the game had a player edge,and casinos lost money on it?
That would be a great question for Bob Nersesian, so you might want to PM it to BobDancer for the next time that Bob N. is going to be on GWAE.
I will tell you, I am not a lawyer AND I am guessing, but I would suggest that the casinos would ultimately be responsible for anything they put on the floor absent some specific contractual guarantee as to the House Edge of a game. I think it would be built in to slot machines, but the slots all come from major companies, so you don't have casinos leasing/buying slot machines off of an individual developer or smaller company, in most cases.
However, and hopefully Wizard will correct me if I'm wrong, but I believe that was part of his job at the Venetian relative to his responsibility over the tables. I mean, really the casino should be able to themselves verify and understand what they are putting out there.
As far as I thought, it would only give you the wrong card if you had a hand like 4, 5, 8, T, in a bonus type game (like Bonus Poker, DB, DDB, etc.). The optimal card would be another 4, but it would always give you something else.
In a similar case, where the low card isn't a 4 but a 2 or 3, then it correctly gives you the pair of 2's or 3's, but never 4's.
Quote: RSWhat's the deal with Dream Card not giving you the best card in certain situations?
As far as I thought, it would only give you the wrong card if you had a hand like 4, 5, 8, T, in a bonus type game (like Bonus Poker, DB, DDB, etc.). The optimal card would be another 4, but it would always give you something else.
In a similar case, where the low card isn't a 4 but a 2 or 3, then it correctly gives you the pair of 2's or 3's, but never 4's.
It's always a 4 too, for some weird reason. I'm interested in this myself since it comes up often.
