Actual Value vs. Expected Value

One of the fundamental principles of casino game math (and really, of all gambling strategy) is the concept of expected value (EV). It’s the mathematical average you can expect to win or lose per bet, hand, or session over time. For example, if you play a well-structured game of blackjack or a full-pay video poker […]
Gambling Taxes After the One Big Beautiful Bill Act

Why records matter more than ever. Earlier this month, while I was presenting at ZorkFest, several attendees asked me about the One Big Beautiful Bill Act (H.R. 1, 119th Congress) and how it might change gambling taxes. My answer at the time was honest. I was cautiously optimistic that a legislative fix would undo the […]