Your
ticket to three squares a day
Dear Mark,
I know the following question I'm about to ask is illegal,
but I'm still interested.
A small factory close to my home discards a circular coin-like
metal that is exactly the same size and weight as the silver
dollar coins used in a casino. If I were caught inserting
the coins into a machine, what would happen? Anonymous
This ditty written by Ian Lewis best illustrates what will
befall the ignorant found inserting slugs into a casino
slot machine.
"Bad
boys, bad boys, whatcha gonna do, whatcha gonna do when
they come for you?"
The
TV show "COPS" is filmed on location in the city
of Las Vegas.
Dear Mark,
Why don't nickel machines return the same percentages as
quarter machines? Sara R.
The main reason nickel machines have poorer payouts than
quarters, and why quarters less than dollars is because
the cost to maintain any machine-slot personnel, floor space,
maintenance, etc.,-is exactly the same. Each slot has to
yield a targeted number of dollars for the casino, so a
larger percentage must be kept from the lower denomination
machines to meet those goals.
Dear Mark,
Even when playing perfect basic strategy at blackjack where
the house edge is nil, I still occasionally go home losing.
Explanation please. Sheldon M.
Enter Pilarski's rule number seven of gaming: "The
odds are even money that the light at the end of the tunnel
is the headlight of an oncoming train."
It is called gambling, Sheldon.
Dear Mark,
Because you mentioned that slots operate using the same
computer chip as a video poker machine, why not stick with
slots as they are easier to play? Larry L.
True, Larry, the first part of your question is correct
in that most of today's video games (video poker, video
blackjack and video keno) are derivatives of slot machines
and actually use the same microprocessor technology and
random number sequences, but, video poker, blackjack and
keno machines provide players with real options and choices
that require an element of skill that regular slot machines
don't. With this skill, you can hack away at the high house
advantage that the average slot machine holds over you.
Dear Mark,
Why is it that you recommend learning and playing more than
one type of game in a casino? Robert B.
By diversifying your playing portfolio and learning different
games, when you do have a run of bad luck in blackjack,
you can always try craps or video poker.
Dear Mark,
What exactly is the house edge? Lefty O.
The house edge is a mathematical percentage-always in the
casino's favor-that the casino takes on each bet. This edge
is the casino's true income and why they can build those
high rises. For the house to pay for those construction
costs, winning bets are paid off at less than true odds.
Lefty,
consider it a payment for playing in their establishment,
or, an entertainment tax.
Dear Mark,
A dealer once told me that the only way to "soar like
an eagle" when playing baccarat is to bet ties after
they appear. He claimed they always repeat in streaks. Was
he correct? Bobby K.
Eagles may soar, but in this case it's better to gamble
like a chicken because they don't get sucked into jet engines.
By betting only on the bank or player hands, Bobby, you
will avoid being recycled at Foster Farms. That dealer-induced
tie bets hold a house advantage of 14.1%.
As
for streaks, Bobby, the remaining cards in the shoe have
no memory, hence, previous results have no bearing on what
happens in the future. |