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.
