ChumpChange's Blog

Video Poker Results

I'm playing 5 credit 9/6 Jacks Or Better VP on the Wizard website.
After 100 hands, I'm down 115 credits. 500 credits bet, 385 credits won. 77% return. I haven't gotten more than 3 of a kind.
After 200 hands, I'm down 245 credits. 1000 credits bet, 755 credits won. 75.5% return. I got 2 full houses.
After 300 hands, I'm down 190 credits. 1500 credits bet, 1310 credits won, 87.33% return. I got 2 full houses & a flush.
After 400 hands, I'm down 45 credits. 2000 credits bet, 1955 credits won , 97.75% return. I got a 4 of a kind, a couple full houses and a couple flushes. I was up 15 credits.
After 500 hands, I'm down 100 credits. 2500 credits bet, 2400 credits won, 96.0% return.
After 600 hands, I'm down 145 credits. 3000 credits bet, 2855 credits won, 95.167% return. I got a couple straights.
After 700 hands, I'm down 75 credits. 3500 credits bet, 3425 credits won, 97.86% return. I got 4 to a Royal Flush.
After 800 hands, I'm down 150 credits. 4000 credits bet, 3850 credits won, 96.25% return.
After 900 hands, I'm down 280 credits, 4500 credits bet, 4220 credits won, 93.78% return. (Tied for worst 100 hands up til now.)
After 1000 hands, I'm down 255 credits. 5000 credits bet, 4745 credits won, 94.90% return. I got a 4 of a kind.
I'm gonna quit now. Down $63.75 on a quarter machine. There's been 2 EAS Alerts in 2.5 hours on TV. It's almost 4 am.

BJ Win on Hoyle Casino

I was at $18.5K on a new installation of Hoyle Casino 2012. The multi-millions I had before Windows 10 crashed again could not be rescued.
So I was betting a progression of $120, $120, $240, $240, $360, $480, $600, $900, $1200, $1800, $1800... where I'm only down one unit if I lose the 3rd hand, or I lose on double downs & splits on bets higher than $120. I won $7K+ and I'm at $25.5K.

With 6 wins I'd be up $1080
With 10 wins I'd be up $4380
With 13 wins I'd be up $9780

Of course winning 3:2 BJ's and other bets can change those amounts. May want to limit splits and double downs beyond the 4th win in a row. Pushes do not end the progression but surrenders do. Taking insurance with a Blackjack counts as a win.

I could use this progression on the Passline or the PB 6/8 on a craps table too. Divide by 10 to get back to a $12 original bet.
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Later: I doubled my money to $50K by raising my base bet a unit from $150 after finishing a progression 5 units ahead by balance. So I started with 20 unit sessions of $3,000 and used a $150, $150, $300, $300, $450, $600, $750, $1125, $1500, $2250, $2250 progression. If I got to $750 ahead I'd double the progression. If I got to $2250 ahead I'd triple the progression to start at $450. If I got to $4500 ahead, I'd quadruple the progression to start at $600. So I found myself jumping from $25K to $50K and Hoyle Casino opened up a credit line for me when I got to $50K. The statistics said I was losing on plus counts, but winning big on 0 or negative counts. I was winning a few 11 in-a-row hand sequences that moved me up.
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Next morning: I started with a 50 unit session with plans to raise my progressions when I was 50 units ahead instead of 5 units because "What goes up stays up." will be more likely to happen since a completed 11 in-a-row progression will typically win me 50+ units. I started with a $15K session with a $300 base bet. I couldn't get together more than 5 wins in-a-row and over the space of 90 minutes of very fast play I lost all 50 units of the session. So I'm down to $35K.
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Played a 25 minute session and was down to $30K then won back to $45K with an 11 in-a-row on a $300 base bet. Won another couple sequences that put me up over $50K when they ended.

Gambling With an Edge - blackjack player, "It's not a Fluke."

Gambling With an Edge - blackjack player, "It's not a Fluke." https://www.youtube.com/watch?v=hk9RYphCp-Q

Our guest this week uses the handle, "It's Not a Fluke." He is an advantage player that has also worked as a dealer, a supervisor, and in surveillance.

We welcome your questions - send them to us at gamblingwithanedge@gmail.com, or you can find me at @RWM21 on Twitter.

Show Notes

[00:00] Introduction of ItsNotAFluke, a current AP who previously worked in surveillance
[00:37] Fluke's early casino career and experience in dealer training
[07:19] Sycuan and the Tran Organization
[15:25] High stakes shuffle trackers
[19:44] Employee theft, day to day operations and monitoring AP
[27:13] Reno pit boss experience with a card counter
[34:55] South Point Casino June Promotion: Half Price Gas and Goods
[35:38] VideoPoker.com: Gold membership offers correction on most games
[36:31] Working during a grand opening of a casino in northern California
[39:47] Fluke gets fired after a bet capping incident
[44:08] Fluke's transition into AP
[49:05] How does Fluke's wife handle his AP life?

SouthPointCasino.com
VideoPoker.com

Gambling With an Edge is a weekly radio show dedicated to making you a better gambler tomorrow than you were yesterday. The hosts, Bob Dancer, and Richard Munchkin are both authors and professional gamblers. You can learn more about them at gamblingwithanedge.com

All, Tall, Small Winners - Live Craps game

All wins: $1 on each bet pays 210 to 1; $5 on each pays $1050.

Live Craps Game #30 - AWESOME 30+ ROLLS! - The Cosmopolitan, Las Vegas, NV - Inside the Casino - YouTube https://www.youtube.com/watch?v=9cCdxKnP0zc


https://wizardofodds.com/games/craps/appendix/5/
Small and Tall

The Small bet wins if the shooter rolls every total from 2 to 6 before a 7. The Tall bet requires the shooter to roll every total from 8 to 12 before a 7. Both have a probability of winning of 0.026354, or about 1 in 38. There are two known payoffs, as follows:

If wins pay 34 to 1 (or 35 for 1), then the house edge is 7.76%.
If wins pay 30 to 1 (or 31 for 1), then the house edge is 18.30%.

All
The All bet wins if the shooter rolls every total except a 7 before a 7. It is always offered along with the Small and Tall bets explained above. The probability of winning of 0.005258, or about 1 in 190. There are two known payoffs, as follows:

If wins pay 175 to 1 (or 176 for 1), then the house edge is 7.47%.
If wins pay 150 to 1 (or 151 for 1), then the house edge is 20.61%.

MS Stud - 4 of a Kind to $50K

I was just playing Mississippi Stud for the first time last night on the web and had only 2 good hands: a Full House, and a 4 of a Kind. If I expect my high hand to be 4 of a Kind with no Straight Flushes or Royal Flushes anywhere in sight, I came up with this betting table under the assumption that there will be a $50,000 Maximum Aggregate Payout (so I want to hit those more often than a Royal Flush!)
If I win a Full House that could get me to the next betting level above a certain balance, and so could a few smaller wins in a row. I'd reduce my Ante bet if I fell below the balance listed, or raise it if I went above the balance listed. I went through 3 Full House levels down just waiting for one, so that's why I start with 4 at $2,000.

I'll have to have a CTR filled out on cash-outs of $10,000+, not sure if they'd fill one out at the table while I continue to play for more. W-2G's only apply to Royal Flushes. Some Straight Flushes you never bet on because they were weak cards to begin with, but a max bet of $500 x 100 will pay $50,000 on a Straight Flush. A max bet of $100 will get $50,000 on a Royal Flush, unless there's a different pay table involved, like 800 to 1, instead of 500 to 1.

If playing the web version of the game where I can start out with $50,000, just multiply all values in the table by ten.

Here in Nevada, an aggregate payout rule must be in plain view, and it cannot apply to wins less than 50 to 1 (Nevada Revised Statute 5.190)
https://wizardofodds.com/ask-the-wizard/let-it-ride/

Playing Mississippi Stud in Las Vegas 2018 https://www.onlineunitedstatescasinos.com/las-vegas/games/mississippi-stud/
Table limits at Bally's are $5 to $200 while at The Venetian it's $10 to $2000; but I'm more likely to see Golden Nugget at $5 to $50 limits outside of Vegas, with an up to $50K Straight Flush payout. It's unclear whether The Venetian would pay up to $10 million on a Royal Flush at maximum bets, or if they'd say you can only win $100K on the Royal, but you can win up to $800K on a 4 of a Kind.

Balance	Ante Bet	Max Bet	Full House win	4 of a Kind win
$2,000	$5	$50	$500	$2,000
$2,500	$10	$100	$1,000	$4,000
$3,500	$15	$150	$1,500	$6,000
$5,000	$20	$200	$2,000	$8,000
$7,000	$25	$250	$2,500	$10,000
$9,500	$30	$300	$3,000	$12,000
$12,500	$40	$400	$4,000	$16,000
$16,500	$60	$600	$6,000	$24,000
$22,500	$80	$800	$8,000	$32,000
$28,500	$100	$1,000	$10,000	$40,000
$38,500	$125	$1,250	$12,500	$50,000
$50,000				OVER THE TOP