Instead of playing with money, gamblers use coloured plastic or metal discs, called chips. This enables the games to run quickly and smoothly, as the chips can be piled up into stacks and easily counted. Players can purchase chips at the cash point (in any currency), or on the gaming tables (in the local currency). Read the rest of this entry »
Players are expected to abide by a number of conventions in order to facilitate the smooth running of the games. These can be summed up as follows:
Although all dealers are trained to be friendly and welcoming, they must also pay attention to the game and be alert for cheats. If you try to engage a dealer in casual conversation he or she may ignore you, as distracting dealers is a trick frequently used by cheats. If you need assistance, the best person to approach is one of the floor managers, as their duties include socializing with players. If you have a query about a game, ask the dealer to call an inspector. Read the rest of this entry »
American roulette, which is played with two zeros, is derived from the original French version, played with only one zero. Casinos particularly like the American version because it is cheaper to run than French roulette and only needs one dealer to operate the game. American roulette is also more profitable as the bets come flooding in at a faster rate. Read the rest of this entry »
Players have a wide range of bets to choose from. The highest paying bet is to predict which number the ball will land in. Since there are 33 numbers on the wheel, this is also the most risky type of bet. The bets with the least risk (and the lowest return) are the even chances: bets on whether the ball will land on red or black, or on an odd or even, high or low number.
Although the betting layout looks complicated, placing bets is quite simple. To bet on individual numbers the chip is placed directly on top of the number. For two adjacent numbers on the layout, placing a chip on the middle of the line that divides them makes the bet. A bet on red or black, high or low, even or odd is made by placing a chip in the corresponding box on the betting layout. Read the rest of this entry »
Before starting to play roulette, players first need to buy table chips. These can be purchased with money, cash chips or, in some casinos, with a personal cheque (check). Although bets may be placed using cash chips or money, it is advisable to always take a colour so that your bets are not confused with another player’s bets.
The value of the colour chips will be marked on the table. The chips are stacked in piles of 20. Each set of colour comprises 200 chips. To prove that there are 20 chips in each stack, the dealer will cut the chips down into four piles of five chips and spread out one of the piles. The dealer will push the chips across the table and leave them in front of you. Read the rest of this entry »
The object of baccara is to use a minimum of two and a maximum of three cards to try to make a score as close as possible to nine. The highest score is nine and the lowest is zero. Players aim to win the money in the bank by beating the banker’s hand.
After the dealer has shuffled the cards, a player is invited to cut them by placing a blank card into the pack. A second blank card is inserted about 15 cards from the end before the cards are placed in the shoe (sabot) and passed to the player acting as the banker, who deals. When the blank card is reached the shoe is returned to the dealer for the cards to be reshuffled. Read the rest of this entry »
The rowdiest game in the casino is dice, also called craps, a fast and exciting game with a language of its own. Players shout, cheer, scream, curse and gesticulate. The shooters elaborately shake the dice, blow on them for luck and yell for them to fall on the desired score, while the stickman commentates incessantly. For novices, dice appears complicated due to the arrangement of the layout and the terminology used, but it is actually quite simple once the basic aim of the game is understood. Craps is extremely popular everywhere, not only because it is fun to play, but also because it is the best value game in the casino. The house advantage on some bets is less than one per cent. Read the rest of this entry »
Poker conjures up images of saloons in the old West where hustlers and gun fighters did battle. It seems that no Hollywood Western is complete without a gunfight over a poker game, but this way of life was often the reality for professional gamblers in the Wild West. In 1876 one of the west’s most famous lawmen, James Butler ‘Wild Bill’ Hickok, lost his life in a poker game in Deadwood, South Dakota. To this day his last hand — a pair of aces over eights — is known as the ‘dead man’s hand‘. Read the rest of this entry »
Each player receives two cards face down. Five cards are placed face up in the centre of the table. These cards are called community cards and are used by all the players. Each player uses a combination of the two cards in his or her hand and the five community cards to make the best possible five-card hand. Read the rest of this entry »
Roulette is one of the most popular casino games in the world due mainly to the large odds that it pays. A winning number on roulette pays 35 to 1, which means that a small stake can potentially turn into a fortune if a player has a winning streak. By reinvesting winnings, a player with a $1 initial stake could accumulate $46,000 in just three spins of the wheel. Read the rest of this entry »
Casinos use a variety of subliminal practices to ensure they get the maximum amount of money from visitors before they get anywhere near a gaming table.
Casino design is no accident. Almost every feature is built in with profit in mind. Exteriors are lavish and use every marketing trick to get players to walk through the door. This is taken to the extreme in Las Vegas, where shows put on outside the casinos get people to stop and watch, and, hopefully, go inside. Read the rest of this entry »
At one point Ungar raised seven hands in a row. No one called. Was he bluffing? Of course he was — some of the time. Everyone knew that. But no one knew when. Every contestant hoped one of his opponents would be eliminated first. It didn’t matter which one. Every time someone was knocked out, the surviving players climbed another rung on the pay ladder. Ungar knew that.
Ungar’s mastery of the table seemed palpable. He was a shark among a school of fish, and he sensed blood in the water. Bao, short on chips the entire day, was the first to fall — eliminated by Judah. By 1:30 p.m. Ungar had more chips than his remaining four opponents combined. Read the rest of this entry »
One of Las Vegas’s last true patriarchs, Benny Binion started out by running illegal bootlegging and gambling rackets in Dallas during the 1930s. Binion arrived in Las Vegas in 1946 (some insist to evade murder charges back in Texas) and bought the dilapidated Eldorado Casino. He renamed it Binion’s Horseshoe, and it soon became the epicenter of gambling activity. The Horseshoe wasn’t really built for common tourists; it was a place for real gamblers.
For more than four decades, Binion had a standing public offer: He would accept a wager of any size, from anyone who walked into his casino. More than a few eccentrics were entranced by Binion’s willingness to take the ultimate gamble, and there are many stories in Binion’s folklore (all true) of high- rollers with suitcases full of money riding on a single roll at the craps table. But Binion’s first love was poker. Read the rest of this entry »
Poker is the only popular game of skillful human interaction where it’s possible on any given day to play against the world’s best players. At any of the hundreds of major poker tournaments held in the United States or Europe every year, you could find yourself face-to-face against former world champions such as Scotty Nguyen, Phil Hellmuth, Jr., or Huck Seed. Ever heard of them? How about T. A. Preston? Name sound familiar? He’s better known as “Amarillo Slim.” If No-Limit Texas Hold’em is your game, you might get raised by none other than Johnny Chan, who appeared in the film, Rounders. Chan won two World Series of Poker titles back to back! Read the rest of this entry »
If you think you can beat the games you intend to play in for a living but aren’t certain, you can use statistics to help you assess what you might expect to win over the long haul. This involves calculating your standard deviation and using it to assess the kind of results you might achieve.
Let’s say that after 900 hours of playing $20—$40 Hold’em, your standard deviation is 20 small bets per hour, which is equivalent to $400. Everyone’s standard deviation is different. Yours will depend on a number of factors, including your playing style, your opponents’, and how aggressive or passive the game is. Read the rest of this entry »
No matter how many hands you play at the table, using software like Wilson Software’s Turbo Texas Hold’em to practice against lifelike opponents and run simulations that will test your own theories will help you make rapid progress in your development as a poker player.
Computers can do things humans don’t have the time to accomplish. We’ve run experiments that simulated a lifetime of poker. We could have tested that same hypothesis by playing eight hours a day, five days a week, for 30 years, but what could we accomplish with that knowledge once we finished our research? It might be helpful if poker is played in the afterlife, but we’re more concerned with earthly uses for our know-how. Read the rest of this entry »
Ali offered little resistance. Outside of a few seemingly futile jabs, he looked as if he wasn’t even trying to fight back.
But that was Ali‘s strategy. After a few rounds, the heavily muscled Foreman grew tired. He had punched himself out and was spent. Ali, by comparison, was fresh. He was also unhurt. Ali then began a counterattack. He came off the ropes and danced in the center of the ring. Ali, who was faster, peppered Foreman with jabs and stinging overhand right hands. Now it was Foreman who had nothing to offer. “What’s the matter, George,” Ali said as Foreman launched a slow, tepid punch in his direction, “Is that all you got?” Read the rest of this entry »
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