You’ve heard the expression, “The operation was a success but the patient died.” What does it mean? Could it relate to the concept of: “Gamble Perfectly But Still Lose?”
In casinos, their basic program is that the players lose. I don’t like that program. Going along with that program isn’t a way to come out ahead. So I regularly look for exceptions and sometimes find them. And when I do find them, and I think the exceptions are to my benefit,
Last year I read Michael Craig’s “The Professor, the Banker, and the Suicide King,” which was about a banker from
Video poker coaching isn’t just about odds and techniques, but also about the person who’s playing. Everyone has their own style, games & knowledge..
Risk of Ruin is a concept you should consider if you want to continue casino play on a regular basis. You can usually manage a fair gamble against the casinos if you study the games and play at optimal times but that just makes it more probable that you will break even or better over the long run.
Every month I get at least three emails with some variation of the following: “I’ll be in Las Vegas next month and I want to know the best place to play video poker.”
In video poker, things are very much opposite from the situation described above. You can learn everything you need to know about a game by looking at the pay schedule, denomination, slot club, and current promotions — assuming you know how to read the “code”. There is no additional information available by tasting — for me anyway. Your score over five minutes or five hours tells you absolutely nothing relevant about whether or not you should keep playing.
Many people have a tough time accepting this concept. After all, in most things in life, you learn as you go. But not here.
To me, the $500 loss at this casino isn’t a real loss. I know there are swings up and down. I STRONGLY BELIEVE I’m going to come out ahead at gambling over the course of a year.
The way the class operates is that I go around the class and ask everyone in turn a question. I was coming up to Tom, Dick, and Harry — likely not their real names.
If you lack basic intelligence, video poker study probably isn’t going to help you very much. You might learn enough to lose less over time, but you’ll never be very good. Anyone who claims that everybody can be successful at video poker is mistaken.
Advertisement - Privacy and Cookie Policy Disclosure