🤑 Michael Shackleford "Wizard of Odds" Interview

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Bobby Florence, a dealer at the Palms casino hired you analyze his Royal 20's, a blackjack game that offers a couple of side bets. Can you tell us the steps he and​.


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It has an ev of (You will lose an average of $ per $ bet.) More info on this and other sidebets at The Wizard of Odds.


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Michael Shackleford My other sites: Wizard of Odds, Wizard of Macau​, Las Apuestas. Back Top. Wizard of Vegas uses cookies, this enables us to.


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Michael Shackleford, aka The Wizard of Odds — August 29, Don's Domain Chat: Kevin Blackwood Don's Domain Chat Michael.


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Bobby Florence, a dealer at the Palms casino hired you analyze his Royal 20's, a blackjack game that offers a couple of side bets. Can you tell us the steps he and​.


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The Wizard of Odds teaches his simplified blackjack strategy. For more information, please visit my web site at rating.talyaclub55.ru​/ Wiz.


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Ironically here in my own backyard of Las Vegas few have had much success. It depends partially on how long a player sits at the table and grinds through his buy in. You have it as Thank you for the compliment. Internet gambling is a multi-billion dollar industry — and growing — Has it become so large that it may difficult to successfully prohibit? In my opinion all games have a limited life expectancy and will eventually go the way of the dodo bird. You are thinking about the ratio of the payoff odds to the true odds. The hold percentage is the ratio of money a table makes to the amount that players buy in chips the drop. As players get better the casinos only tighten their odds, which is exactly what happened with video poker over the last decade. Your site is very player friendly. The hold will be higher because as the same money circulates back and forth and the casino keeps chipping away at it. Plus, we need some bad gamblers to subsidize the good ones. All I can do is lead a horse to water and hope that he drinks. LC: Dealer Kansas City. You are a gambling consultant specializing in solving math-based problems related to casino games. No, not really. I have no way of knowing that in any market. One way of computing the house edge would be to multiply the difference between the true odds and payoff odds by the probability of winning. Have you ever been to Barona and if so what do you think of our BJ rules compared to Vegas casinos on the strip? Do you feel you have achieved a balance of acceptance by both the gaming industry and gamblers alike? As I stated in an earlier question the hold is the ratio of chips that leave the table to the drop. Would you agree that if every gambler would take the time to view your website that guys like me would be out of work? Would I need a trial period permit if I only add a side bet to an existing game? The house advantage is the ratio of profit the casino can expect to maker per dollar bet. Can you please explain how to compute a house advantage in percent? There is currently no fee to apply for a variation and the application waits in a different pile than more complicated games. I love your site, as do many of the dealers and floor supervisors who visit mine. Overall new game marketing is a very risky venture.

Click here for more interviews and about the persons who created them! The industry has already been hurt by credit cards and then Paypal voluntarily blocking transactions.

If players are foolish enough to play then it is their own damn fault. ZZ: Dealer Las Vegas. Hello wizard, what are the odds of rolling back to back one way numbers on a pair of dice? However after reading my site some people remark that gambling seems so hopeless that why bother.

I also work with many of the Internet gaming business on software development and slot machine design. Would you agree this was a mistake? There may be some loopholes but electronic money transfers always leave a trace and few will want to risk the F.

It used to be that variations were faster to be approved but there is such a backlog now that both variations and new games take about a year. Then it is back to selling the game to the casinos. Then you will have to get a trial period permit from the Gaming Control Board.

How do you figure what the hold percentages on blackjack should be when the game is introduced to a new market? Then the hard part is read article a casino to be the guinea pig for your game by conducting the field trial.

Scott, Please ask Wizard of Odds when analyzing table games in land-based casinos U. First I think the game through and decide my plan of attack for the analysis.

What basic steps do you use to analyze casino games? Are you hired as a consultant mostly by online casinos or land based? Can you tell us the steps he and his wife Celsa went through to get this on?

This would make good conversation on the game. I tried seeking this answer on your site but ended up reading other stuff. Once the player has rolled a one-way number the probability of rolling it again on the next wiz of odds blackjack is 1 in However the probability that the next roll is any one-way number and the following role is the same is 1 in The probability the next three rolls will be the same one-way number is 1 in Would it be fair to assume that an unfavorable review by The wizard of Odds could be damaging to anyone who is trying to sell an idea or develop a new game of chance?

Aside from running my web site, Wizardofodds. If we disagree we go through a trial and error process wiz of odds blackjack find the point of departure. Royal twenties for example does not affect strategy so would be considered a variation.

Although it certainly does teach players to play better it seems to be well respected by all, if I may toot my own horn.

Wiz of odds blackjack you think a table game idea may have a wiz of odds blackjack at success, are your services available to assist in getting it through the field trial and licensing?

Craps is the best. If Internet gaming does become prohibited I believe the government will chock it off at the remaining methods of transferring money, like You monte carlo casino blackjack rules consider, Western Union, and bank wires.

For example on the place 4 bet that would be I hope this helps. Linda: Dealer Reno, NV. Thank you Michael for this opportunity. The vast majority of games I do never even see the field trial stage.

Funny you should ask. Of those that do get a field trial they may get a few placements after that but eventually get pulled for lack of play.

I see it as a one-way relationship, the casinos giving and the counters taking. One of the goals on my site is to make the life of dealers easier by telling players to follow proper etiquette at the tables and to tip the dealers.

Steve: Dealer San Diego. I just say what it is and if the player is wiz of odds blackjack he will know not to play it. I hope that answers your question. Those are the kinds of players that would be lost if more read my site.

I suggested that they play craps, trying to win as quickly as possible on the pass and taking the odds. Just curious. What about marketing assistance? You have assembled a very interesting wiz of odds blackjack sir.

If the field trial goes well you can apply for a full license from the Gaming Control Board. Later at a gaming show I ran across the game owner and he was furious with me. There is also an article about it in the August issue of Playboy.

It may be a huge industry but there are only a handful of ways to get money wiz of odds blackjack the Internet casinos. One way I could help would be to carefully analyze play of a whale to determine his exact expected loss, which would help the casino know how much to comp and know who to try hardest to lure back.

I strive to just state the facts and keep my personal opinions to a minimum. We have had a few arguments here as to the reason why craps is in demise. Do you feel that there is a symbiotic relationship between card counters and casinos? Wrong answer Michael……. If so, why? Some games I did the math for were field trialed here but never went further. Once I finish I usually get one of my assistants to analyze the exact same game to ensure that two minds come up with the same answer. I differ from other gaming writers about this question. My question is this; In craps you have the house edge on a place bet 4 or 10 at 6. Maybe some of you might lose a job but most are safe. Hell, most of the dealers tell players to bet less flat and more odds thus causing reductions in the average flat bet wager. If you had a desire to double your money in a land based casino what game would it be and how would you play it? The house edge is the theoretical advantage the casino has on each bet. Sam: dealer — LV:. Both will answer your question about what you have to go through to get a new game into the casinos. Often with poker and blackjack variants I can copy and paste functions from old jobs. Blackjack: The change in odds Do you feel that some casinos have been misleading in the way they promote the game; and that if the game continues to proliferate, it could cause tourists to view Las Vegas casinos as unnecessarily greedy?