Dear Mark,
What are your thoughts on machines that are long overdue for a jackpot? Kali D.
You must be a new reader to the column, Kali, as this question has been answered
ample times over the past eight years.
A machine is never "overdue" in that it becomes more likely to hit.
Theories such as that a machine will get very tight right before a jackpot are
just hogwash. A jackpot is just as likely to hit right after the last one, or
a million pulls after the last jackpot hit.
Dear Mark,
Would advise using the scorecards the casino supplies at the baccarat table
to follow trends? Bill C.
Almost every baccarat table provides pencils and scorecards for the players
to track of the outcome of each hand. Scores of players faithfully analyze their
card for trends as winning hands switch back and forth between the player to
banker.
In my humble opinion, I believe you are wasting your time. As long as the shoe
and dealer are legit, which you should assume with confidence that they are,
the next hand is an independent, random event.
The strategy that I would recommend is that since house edge for the bank hand
is slightly lower than the player hand (1.06% vs. 1.24%), just keep betting
on the banker and pass on the scorecards.
Dear Mark,
When a sportsbook offers a promotion where you only have to lay $105 versus
$110 on a $100 wager, what does the casino advantage become? Gary H.
Like your question states, typically when you place a point-spread bet, you
lay $11 to win $10. This means that if you want to win $100, you have to wager
$110, regardless of which team you are betting on. If your bet wins by covering
the spread, you will collect $210; your $110 wager, plus the $100 you just won.
The additional $10 charged is the vigorish the casino requires as compensation
for taking your action on a sporting event.
When a casino offers a promotion in which players only needs to add 5% instead
of 10% to their point-spread wager, the casino advantage when laying $105 is
reduced to 2.38% versus 4.55% when your lay $110.
Dear Mark,
What is the house edge for that wheel like game called the Big 6? Also, is the
joker bet the sucker bet on the layout? Karen H.
Also known as the 'Wheel of Fortune, this game is played on a carnival like
vertical wheel. There are inlaid dollar bills of various denominations on the
layout where the player wagers on which denomination the pointer will stop at.
All six wagers on the Big 6 carry a steep house edge, especially on the casino
logo/joker bet. That casino advantage is as follows: 11.1 percent on the $1
spot, 16.6% on the $2, 22.2% on the $5, 18.5% on the $10, 22.2% on the $20,
and 24% on either the joker or casino logo.
Though I do not recommend the following wager, in some casinos the joker or
logo pays 45 to 1 opposed to 40 to one. This lowers the casino advantage on
those two bets to 14.81%.
Gambling quote of the week: "Just as a monkey could throw dice,
a barking seal could be trained to deal a baccarat shoe." Lyle Stuart,
Winning at Casino Gambling
