In Part I of this discussion I set down a list of the biggest mistakes each state has made so far on the path to legalizing sports wagering. The goal here is not to shame a state for being progressive enough to offer legal sports wagering. Instead, the goal is to encourage new states to […]
Posts tagged casino
Beware the Lottery
Before the great casino proliferation of the last 20 years, the state lottery was sometimes the only game in town. Lotteries, with their high hold percentages, have long been cash cows for many states. Now with other forms of gambling saturated into many state economies, lotteries have started to experience dwindling patronage. In some states, the […]
New Developments in MS, NJ, OH, CO, and NY
The sports wagering world is moving at a frenetic pace lately. It’s going to be hard to keep up. For instance, since my last blog post written four days ago, we’ve seen the following: New Jersey opened their fourth sports book – and knowledgeable players were none too happy with what they saw. Ohio introduced a bill to […]
Comparing Two “Super” Games
Super Double Bonus (SDB) and Super Aces Bonus (SAB) are both variations of Double Bonus. In “regular” Double Bonus, four aces get paid 160 for 1, four 2s-4s get paid 80 for 1, and four 5s-Ks get paid 50 for one. Each of the variations we’re looking at today keeps that basic structure for the […]
When 9/5 Was Better than 9/6
One of the very first lessons taught by virtually all video poker teachers, including me, involves the game Jacks or Better. We explain how the game pays 25-for-1 for all 4-of-a-kinds, 2-for-1 for two pair, and the difference between the good version and the bad version depends on how much you get for a full […]
When the Rules are Not the Rules
The M Casino Resort is located along I-15 at the southern edge of the Las Vegas valley. The location was picked expecting the Southern Highlands development to explode, but that didn’t happen. The 2007 housing bubble hurt that development big time — and this casino as well. I live about 8-10 miles from the casino, […]
There’s More to EV than Just EV
“EV” stands for expected value, which is a type of weighted average. The exact definition I’ll leave to the probability and statistics textbooks. As cut and dried as the definition is in the math books, there’s plenty of wiggle room in the way it’s applied to video poker. Before we discuss this wiggle room, let’s […]
Was She Talking Like a Woman or Talking Like a ...
Using stereotypes to say “women are this way and men are that way” in today’s political climate is a formula guaranteed to generate multiple negative comments. Rightfully so. There is very little interesting where you can say that every female (or every male) is a certain way. There are always exceptions. With that said, there […]
How Bad Is It to Be Greedy?
I assume you know what it means to be greedy. If I’m right about this assumption, then you’re ahead of me. I’m very confused by what the word means. I Googled “What is greed?” It came back with the Oxford Dictionary definition, “intense and selfish desire for something, especially wealth, power, or food.” It mentioned […]