“You’ve Already Hit the Royal”

Putting Bills Into a Machine


When I wrote recently about hitting a $120,000 royal flush at Dotty’s and explained when I planned to return to playing there (after a four-month hiatus, which I explained in the earlier articles), I received the following comment from a reader who calls himself/herself Hop Hoofer:

You have a very small edge. And playing with an edge is mainly for preparing for the worst. Since the best, the $120K royal, already happened to you, why would you still want to risk your money? Your score will be balanced out eventually and most likely your profit will be evened out if you continue to play. If you are already ahead a lot, I don’t see a point of chasing for the tiny edge and losing your profit back.

Good question, and frankly, easy to answer. Still, at least one other reader agreed with Hop Hoofer, so I figure it is worthy of discussion. My response is far more general than that casino, with those promotions and games.

My edge at that casino wasn’t so “very small.” There are a LOT of different promotions going on there, some of which I didn’t write about. I mentioned the bonus on W-2Gs and the basic slot club, and the cash-back coupons, but as you play, you also receive bonuses at the machine. They start off small, $1 at a time, for the first $20,000 coin-in per day or so, but then they start to increase dramatically. It’s much better to play $200,000 twice a month there than $100,000 four times a month.

They have small weekly drawings where you don’t have to be there but have a week to collect. Periodically they have additional promotions of several varieties, but what these promotions have in common is that the bigger players tend to receive bigger awards than the smaller players. The amounts I play put me into the “bigger player” category, so these prizes add up. But it’s a “little bit here — a little bit there” type of adding up and the mix varies over time

By far my biggest concern with Hop Hoofer’s comment is that, “You’ve already hit the $120,000 royal,” is a backward-looking statement. Smart gamblers look forward, not backward.

My decision to play a game is based on what I perceive will happen in the future. If I calculate that the odds are sufficiently in my favor, I’m going to jump in. Whether I’m ahead at this particular casino or game this week/month/year/lifetime or not is not a consideration. 

Another aspect to Hop Hoofer’s comment is an underlying belief that we have only so many royal flushes in us, that there is some sort of video poker score keeper in the sky, and that things will even out over time. I don’t believe any of this. Assuming my overall bankroll isn’t in severe jeopardy, whether I’m ahead or behind $100,000 at a particular game/casino has nothing to do with how the next hundred hours of gambling there will go.

When I was married to Shirley and I got ahead a lot at a casino, she wanted me to “quit while I was ahead.” When I got behind a lot at a casino, she wanted to “quit because I can’t win there.” I concluded that, bottom line, the stakes scared her. She didn’t really understand the math of gambling and had heard that in the long run all gamblers go broke. And she certainly didn’t want this to happen to us. So, she wanted to use stopping rules to protect us from the math.

Hop Hoofer’s comment of quitting because I’ve already hit a royal there reminds me very much of Shirley’s arguments. I suspect the size of the game is outside of his/her comfort zone and the comment is a knee jerk, well-being, “Save your bankroll at all costs,” type of reaction.

But I do believe I understand the math. I do believe I can handle the swings. And I do believe that I have the advantage. So, it’s full speed ahead.

And while I disagree with Hop Hoofer’s “advice” and, in fact, will do the opposite from what was recommended, I welcome the comment. In this instance, it provided fodder for another blogpost. 

And if Hop Hoofer or anybody else decides something on the order of, “That’s all well and good for Dancer but I would never do it,” that’s okay too. Each of us, including me, has to make the best decisions we can and live with the results. That’s part of gambling. That’s part of life.

twitteryoutubeinstagram





Source link

Podcast – Alex Kane of Sport Trade

Podcast - Buddy Frank & G2E 2022


Our guest this week is Alex Kane of Sport Trade.  Sport Trade is a betting exchange run very much like a financial market.  rather than betting with a bookmaker, players bet against each other.  Currently they are only available in New Jersey.

 [00:00]  Introduction of Alex Kane of Sporttrade

[00:44]  Alex’s educational and sports betting background

[03:12]  Betting exchanges versus bookmaker models

[06:47]  Sporttrade commissions, Betfair’s commission policy

[09:10]  Algorithmic betting

[10:42]  Can participants create their own market on Sporttrade?

[15:51]  What is the average hold on a recreational bettor on Sporttrade?

[17:18]  Prop bets

[19:39]  Liquidity providers

[23:10]  In-game odds, DeckPrism Sports

[26:41]  How are liquidity providers getting their data?

[29:22]  Commercials

[32:01]  What sports are covered?  What sports might be covered soon?

[34:21]  Entertainment and political event markets

[36:07]  Court-siding

[42:18]  Sport trade user base and growth

[46:33]  Technology, delays, connectivity

[50:27]  Price discovery

[52:58] Contacting Alex at Twitter.com/A_Kane47

[53:30]  Recommended:  George and Tammy on Showtime, wearing headphones while playing, Blink of an Eye

Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com

Recommended:

http://Sho.com/george-and-tammy

twitteryoutubeinstagram





Source link

Video Poker versus Live Poker

Video Poker versus Live Poker


This post is syndicated by the Las Vegas Advisor for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page.

A.C. says: Poker has been the basis for many new games, with video poker being, by far, the most successful of them. This article provides a good comparison of live and video poker, which boils down to the differences between playing against a human or a machine. I’d add as an illustrative example that in live-game draw poker, it can be strategic to hold a kicker to set up a bluff. You don’t hold kickers in video poker … you can’t bluff a machine. As pointed out in the article, becoming a winning player at live poker requires developing multiple skills and infusing judgment, while video poker is black and white — there’s always one best play. Players can calculate video poker returns and proper playing strategies, but they don’t have to. That’s already been done for them in the work of Bob Dancer, Jean Scott, and others. Study with the good video poker learning tools out there and you can achieve a near-computer-perfect return.

This article was written by Jerry Stich in association with 888casino.

Video Poker versus Live Poker

The Poker-matic machine introduced video poker to the casinos. Since then, video poker has grown and become hugely popular.

Video poker has been around for decades. Live poker (played with a 52-card deck) has been around for nearly two centuries. It, too, has become extremely popular, especially after the World Series of Poker began in 1970.

While video poker is based on live poker, the two games are drastically different.

Click to continue reading …

twitteryoutubeinstagram






Source link

A Not-Too-Disturbing Farewell – Gambling With An Edge

Putting Bills Into a Machine


In Las Vegas blackjack circles, the El Cortez in downtown Las Vegas is well-known for having a decent single-deck game — aside from the fact that they are extremely quick to pull the trigger on kicking players out. Several blackjack teams send their new players to play there, knowing they’ll be kicked out fairly quickly, just to get the first barring out of the way.

For a period of about two years, from approximately 2008 to 2010, I did some consulting for that casino. I attended their marketing meetings. I talked them into some looser video poker for a while. And even taught some classes there for a semester or two. It was an awkward match. They never really felt at home with me. I never felt at home with them.

Trying to get a feel for how their slot club worked, I played some on a dollar Kings or Better Joker Wild machine — which was worth 100.65% before the slot club on a Monday early in my tenure there. (This game is long gone now, as is most other decent video poker there.) As luck would have it, I hit a $4,000 royal flush after playing maybe 500 hands. The game has a royal cycle of 41,214 hands, so nobody was more surprised than I was. There were some bonuses with jackpots (maybe $10 free play and a Dove bar?), which I collected. Elsewhere at that time, I was playing mostly dollar multi-line, as well as $5 and $25 games, and was somewhat embarrassed to be seen hitting a royal on such a small machine. (Today, I’m not welcome to play the games I’d prefer to play, so you may well find me playing dollar single-line somewhere.)

It was not a small machine insofar as the El Cortez management was concerned. A $4,000 jackpot was something to sweat! The next day at the marketing meeting, they were discussing kicking me out — not knowing that the guy who hit that royal (under my real name) was actually Bob Dancer and sitting at the table. The fact that this was a brand-new member of the slot club, from a zip code more than 15 miles away, who found the loosest machine from the start and had the nerve to hit a royal flush, all added up to a “kick the SOB out!” decision. To me, this was a case of over-reacting to one royal flush. But that was the way they did things at the time.

I calmly explained that I was the one who hit it, just to try things out there. Kenny Epstein, who is now the owner but was one of several co-owners then, asked me, “Couldn’t you try things out for quarters rather than dollars?” Perhaps. I already thought I was slumming playing for dollars. They didn’t kick me out, but I was asked to refrain from playing dollar machines anymore. 

I had no more play there until earlier this year. In passing, I had seen a television news show scanning that casino, and I noticed two Ultimate X Gold machines in the scan. I’ve been studying that game a little and I thought I’d go in and look at them.

There were only the two machines I saw on television. They came in 1¢, 2¢, 5¢, 10¢, and 25¢ denominations — and each of these in Triple Play, Five Play, and Ten Play. Each of these offered eight different games, Jacks or Better, Double Bonus, Deuces Wild, etc. It takes ten coins per line to play.

I never looked at the penny or two-penny games. For the nickel games, I’d look at the Ten Play version ($5 per play). I’d look at all of those, plus all the ones for dimes and quarters. Quarter Ten Play in this game is $25 per play. I was actually using these machines to practice my UXG skills so I could play bigger-denomination games elsewhere.

All UX games involve multipliers, and UXG is a game where multipliers build up and remain until they are hit. Without going into explicit detail, a competent player looks for games where there are enough multipliers that are high enough. If a game doesn’t meet your criteria, you skip it and go on to the next one. As these machines were configured, I had 56 different individual games to check on each of the two machines. This takes some time.

There were usually a few plays on each of the machines. I assume if I looked at the penny and two-penny games I’d find a lot more plays because there’s a better chance that players at those denominations have less of an understanding of how the game should be played and hence leave juicy multipliers all the time. But playing games for such miniscule stakes is of no interest to me.

I played once every two or three weeks. I have other plays downtown so I’m “in the area” fairly frequently. Remembering how trigger-happy they were a decade previously, I figured if I became known as a “regular” on those machines, especially if I managed to win, I’d be toast there once I became recognized. I assume management there was generally aware that these games were exploitable, even if they couldn’t personally do it. The casino has some exploitable slots as well, so I’d check them out while I was there.

I’m not sure how much it takes to earn a slot club point on these machines, but if you earn 300 points in a day you get a wheel spin at the kiosk. Sometimes it is $10 in free play. Sometimes it is $10 food. Usually, it is 100 free drawing tickets — which are absolutely worthless to me. They have regular small drawings that aren’t worth the effort to go down there, in my opinion.

On maybe my 15th visit, the general manager came up to me while I was playing UXG and told me I wasn’t welcome to play there anymore. I hadn’t hit any W-2Gs or had big wins. He didn’t recognize me as Bob Dancer. He just didn’t want players coming in and checking multipliers on the UXG machines. 

It was civil enough. No security officers were involved, I was paid for my accumulated slot club points, and I left without incident. I wasn’t officially trespassed, and I assume that if I want to go into their restaurant and pay retail for food that I can do so. 

Insofar as barrings go, this one made me smile more than anything else. It was never going to be a major stop for me and the games were marginally profitable to me at best. 

I would have preferred not to have been barred, of course, but in no way was this a traumatic experience.

twitteryoutubeinstagram





Source link

Podcast – Bob Nersesian 12/22/2022

Podcast - Buddy Frank & G2E 2022


Our guest this week is attorney Bob Nersesian. We had so many questions last time from our listeners that we had to ask Bob back for another round.

We welcome your questions – send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge.

podcast – https://www.spreaker.com/user/7418966/ners12222022

Show Notes

[00:00]  Blackjack Hall of Fame

[01:15]  Resetting progressive jackpots

[08:30]  Scanning ID without consent while cashing out

[11:37]  Technicalities of trespassing in PA

[15:10]  Banking laws, right to refuse customers

[24:47]  Casinos using wifi to access phone data

[29:19]  Lying about the location of ID, elements of fraud

[31:16]  Inspecting state agents

[35:37]  Native American casino denying jackpot for vulturing UX

[36:18]  Surveillance audio

[39:36]  Delaying cash outs, patron redemptions

[44:00]  Commercials

[46:24]  Using a calculator to determine the edge on a progressive

[49:58]  Bad beat jackpot being held after poker room closure

[51:14]  Selling comped tickets

[54:41]  Recommended:  Versailles, Suspect by Scot Turowk, Kenny Rogers “Kentucky Homemade Christmas”

Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com

Recommended:

Versailles on Netflix – http://Netflix.com/title/80099753

Suspect by Scot Turow – https://amzn.to/3jpJTOt

twitteryoutubeinstagram





Source link

The Old Man – Gambling With An Edge

Putting Bills Into a Machine


Today’s column is less technical and more about “how I do things” that aren’t specifically related to video poker.

Most of you have heard of Adele, one of the premier singers of our time. She is performing a series of concerts at Caesars Palace in Las Vegas, and I was invited to receive two tickets. Bonnie’s daughter, Joyce, is a huge fan, so we arranged for Bonnie and Joyce to attend the concert on December 3, while I played enough in the casino to “keep those offers coming.”

The concert began at 8 p.m. and we arranged to eat at the Bacchanal Buffet beforehand. This buffet costs $80 apiece — and is worth it (and don’t even think about getting in without a reservation on a busy weekend night). Bonnie and I each had $100 celebration dinners that expire January 31, we each get daily $10 food vouchers when we visit any Las Vegas Caesars property (along with four drink vouchers worth up to a $25 drink apiece.) These are called “Laurel Awards” and are basically a replacement for Diamond Lounges, which are not open. Although sometimes I will have a glass of wine with dinner, on this day I still had a lot of play to do. At the end of our evening, we’ll get Fiji water for as many of our drink coupons as we have left. It’s a “waste” to use the vouchers for this, but better than letting them expire unused. (Math majors may notice that two $100 vouchers and two $10 vouchers don’t add up to the $240 the buffet costs. I had plenty of Reward Credits (RCs) to pay for the rest.)

It takes a lot of play to keep the offers coming, especially since I’m playing slots there, not video poker. They do have 9/6 Jacks or Better (earning one RC per $25 coin-in) for $5, $10, and $25 denominations, which definitely isn’t terrible, but when you can find slots in a positive situation (where previous, unknowledgeable, players have left them in such a state), this earns one RC per $5 coin-in and can be better than the 99.54% of this Jacks or Better game. There are some Ultimate X and Ultimate X Bonus Streak games, but those are short plays only and you can’t dependably find enough good ones.

The downside of playing slots is you never know what you’re going to find today and there are other “slot hustlers” who know approximately what you do. And some of the plays are for 60¢, 75¢, or 80¢, so even when it’s a good deal percentagewise, it can take a long time to earn sufficient points. Sometimes, of course, I can find a positive game at $20 or more per play, and at that rate I can earn a sizeable number of RCs per hour. But mostly it’s a mixture of games requiring $4.00 and less.

Playing such games involves a lot of moving around. While sometimes you can find a play that lasts a considerable period of time, often plays are done in five minutes or less. Sometimes much less. So then you have to move along to the next machine to see if it is playable. And then an hour or more later, return to the same machine to see if somebody else has played it enough to make it profitable. On a weekend night, it doesn’t take long for the games to “recycle.”

Back to Bonnie: She is close to 80 years old and uses a walker some of the time. She doesn’t need it for short walks, but there’s enough walking in a large casino that it’s a good idea for her to bring it. Plus, at Caesars we park at Seven Stars valet, so she stops by Seven Stars check-in, shows her card, and asks for four, six, or eight bottles of water. Her walker has a storage area under the seat, so this water is easy to transport. We both drink a lot of water in casinos, and on this night, Joyce was along too.

Bonnie asked me to keep her walker while she went into the concert because there wouldn’t be room at her seat for it. While I’m sure the venue has the capability to store the walker during the performance, we thought it would be easier if I kept it. So I did, as I went from machine to machine checking for opportunities. Caesars is a fairly large property and I made five or so laps around it while the concert was happening.

I had never used Bonnie’s walker before — and it changed my world! I regularly go to the gym, run several miles a week, and can walk pretty fast through a casino, but when I used her walker, I gave off a different vibe totally. 

Bonnie is shorter than me, so I had to bend over a bit to use the walker. (The handle-height is adjustable, but it’s finicky to do and fits better in the car when it’s at her height.) People see this bent-over, gray-haired old man using a walker and take it at face value. I didn’t set out to use it as a disguise or a prop, but it quickly became one. People smiled at me and moved over to let me pass. (Caesars Palace on a Saturday night can be a very crowded place — especially between rows of slots or near entrances of restaurants, clubs, or the ballroom.)

You often see people sitting at an unoccupied machine but not playing. They might be waiting for somebody else. They might be charging their cell phone. They might be resting before resuming their night. If I see the game is playable, I politely ask such a person if I can play the machine. Normally I succeed perhaps 60% of the time when I do this. With the walker, I succeeded 90% of the time. (Often, I don’t know whether the machine is playable or not when I ask if I can play. Each machine may have four denominations and five “number of coins” games per denomination. Often the games for one of the denominations are displayed on the front, so I can check those without actually sitting down, but the other denominations are hidden. Fortunately, even when I sit down, spend 30 seconds checking to see if anything is playable, and then leave, nobody has said words to the effect, “Hey! You said you wanted to play, and you didn’t play! Why did you make me stand up!”)

Plus, while I had the walker next to me, in 2½ hours, nine people came over and gave me small TITO tickets. The change machines do not cash out the “cents” part of a ticket and standing in line at the cashier for 42¢ is arguably a waste of time, so people frequently give small tickets away — or leave them on the top of their machine. They would rather a random player receive the money than the “greedy” casino. This particular “greedy” player is always happy to receive such donations and I put it into the machine immediately where it basically disappears into the total number of credits.

One lady apologized for it being only 65¢ (which was actually larger than average for the tickets I was given), never mind that I had more than $800 in credits in the machine when it happened, but I thanked her and told her I was such a good player that with some luck, I was pretty sure I could turn it into 67¢! That response made her day.

I couldn’t depend on getting enough play during the concert (Caesars uses an average daily theoretical calculated by which games you play and how much you play, and the size of your offers are based on that. If your play drops too much, so do your offers.)

So I started my day at Harrah’s, which is part of the Caesars system, and play there counts just as much as play at Caesars itself. I traveled a few laps between Harrah’s, Linq, and Flamingo for about four hours before I drove over to Caesars. Joyce brought Bonnie to Caesars in time for the Bacchanal buffet dinner. While Caesars and Harrah’s are within 15 minutes walking distance, (and almost the same driving time given walking to the car, dealing with traffic, and checking into valet parking at the second hotel), I definitely wanted the car at Caesars at the end of the evening. Bonnie and I would both be tired from the day, it would be a 25-minute walk for Bonnie, and the weather would be in the 40s. She was raised in Montana, but has lived in Vegas for 30 years and doesn’t like walking around in weather that cold.

I could have parked at Paris and played there and at Planet Hollywood (plus at Bally’s which as you read this has been renamed Horseshoe Las Vegas). At the time this happened, the Horseshoe was being remodeled and there were a lot of “Pardon our dust” signs about. They may now have a selection of slots I find more attractive than those they had previously, but with the games they used to have, I liked the mix at Harrah’s/Linq/Flamingo more than the ones at Bally’s/Paris/Planet Hollywood. You can bet, though, that in the near future I’ll check out the Horseshoe and re-evaluate the situation.

While I realize that using a walker on a regular basis would provide me with benefits, I’m not planning on doing it. I’m almost 76 years old and needing to use a walker may well be in my not-too-distant future. I’m still spry enough to not need a walker, so I’ll give up those “benefits.” I believe that most people who use walkers need to do so, have life tougher than I do at the current time, and I don’t want to make their life any tougher. The more people who use walkers who don’t actually need to do so, the more it clogs up the system.

So that’s how I did it on that particular day. Maybe there’s something here that will help you understand how the winning process is done. It’s certainly not just one secret. And if you didn’t learn something new, you can safely bet that next week’s blogpost will be entirely different.

twitteryoutubeinstagram





Source link

Concientización Sobre Juguetes y Regalos Seguros

Preventing the Link Between Crime & Problem Gambling


Como adultos, entendemos que el “motivo de la temporada” es celebrar junto a nuestros seres queridos. Pero, para los niños y adolescentes, otra parte de las fiestas juega un papel mucho más emocionante: recibir regalos. El Florida Council on Compulsive Gambling (FCCG) alienta a los padres, familiares y otras personas a dejar los juegos de lotería y raspar boletos de las listas de regalos de sus hijos mientras celebramos el Mes Nacional de Concientización sobre Juguetes y Regalos Seguros. El FCCG vuelve a unir fuerzas con la Regalar con Responsabilidad del Consejo Nacional sobre Problemas de Apuestas (NCPG) para educar a las comunidades sobre los riesgos del juego juvenil.

Riesgos de las apuestas para los jóvenes

La prevención del problema de las apuestas comienza con nuestros jóvenes. Los juegos de azar son ilegales en Florida para personas menores de 18 años y, aunque muchos adultos creen que los juegos de lotería y los raspaditos son inofensivos, pueden ser una puerta de entrada al juego para los menores que no pueden comprender completamente los riesgos asociados.

Sin embargo, los rasca y gana, o un puñado de boletos de lotería para “probar tu suerte”, pueden ser una puerta de entrada a las apuestas para niños y adolescentes que no pueden comprender completamente los riesgos asociados con las apuestas excesivas. Las investigaciones muestran que cuanto antes una persona se expone o participa en juegos de azar durante la infancia, es más probable que desarrolle un problema de juego más adelante en la vida. Dado que la exposición al juego a menudo ocurre durante la adolescencia, varios estudios revelan tasas de prevalencia de juego problemático en adolescentes de 3 a 10 veces más altas que en los adultos.

De acuerdo con el NCPG [1]

  • 10-14% de los adolescentes están en riesgo de desarrollar un problema con las apuestas
  • 4-6% de los adolescentes actualmente tienen un problema grave con las apuestas
  • Muchos jóvenes reportan su primera experiencia de apuestas entre las edades de 9 y 11 años
  • Aproximadamente el 60% de los adolescentes en edad de escuela secundaria informan haber apostado dinero en el último año[1]

Mercadotecnia de apuestas dirigida a los jóvenes

Los padres y otras personas no son los únicos responsables de confundir los juegos de lotería con regalos apropiados para menores. La comercialización de productos de juegos de apuestas ha superado durante mucho tiempo el límite de dirigirse explícitamente a los menores con el uso de personajes infantiles coloridos, “bonitos” o conocidos en las campañas. Este año, los raspaditos de la familia Addams llegaron a las tiendas en varios estados para atraer compradores [2].

Fuera de la industria de las apuestas, muchos videojuegos también presentan actividades de apuestas que pueden no reflejarse en sus calificaciones ESRB. Las clasificaciones ESRB brindan información esencial a los padres y otras personas, lo que les permite realizar compras informadas. Hoy en día, los adultos necesitan estar atentos a los juegos que juegan los niños y el tiempo que pasan en las computadoras, teléfonos celulares y otros dispositivos.

Cómo puede ayudar a prevenir el problema de las apuestas juveniles

Esta temporada navideña y más allá, ayude a la FCCG a continuar creando sobre los peligros asociados con el juego juvenil. Más allá de comprender que los productos de lotería no son apropiados para niños, aquí hay varias pautas sugeridas que pueden ayudar cuando se habla con menores.

 Recuerde: los productos de lotería nunca son regalos apropiados para los niños. Además, esté atento a las señales de que un ser querido tiene un problema con las apuestas, entre las cuales tenemos:

  • Explicar qué es el juego y cómo funciona.
  • Proporcione una idea de que el juego no es una forma de ganar dinero porque la mayoría de las veces la gente pierde
  • Aconsejar cómo la adicción al juego, como el abuso de alcohol/drogas, afecta a personas de todas las edades.
  • Establezca/respete las reglas familiares sobre el tiempo frente a la pantalla/teléfono celular y el uso de Internet.
  • Educar sobre las señales de advertencia de la adicción al juego.
  • Preste atención a los cambios de comportamiento/emocionales/estilo de vida.

Para obtener más información sobre el juego juvenil o para obtener ayuda con un problema de juego, comuníquese con Your One Sure Thing, 888-ADMIT-IT, para obtener asistencia gratuita, confidencial y multilingüe las 24 horas del día, los 7 días de la semana.

  1. “Campaña Regalar con Responsabilidad”. Consejo Nacional sobre Problemas de Apuestas, http://www.ncpgambling.org/
  2. Edelstein Jeff, USBETS, ‘Addams Family’ Cartoon Scratch-offs Are Way Too Kid Friendly. publicado 27 de Octubre 2022.



Source link

National Safe Toys and Gifts Awareness Month

Preventing the Link Between Crime & Problem Gambling


As adults, we understand the holidays are to be celebrated alongside loved ones and others. But for young children and adolescents, there’s another part of the holiday excitement – receiving gifts. The Florida Council on Compulsive Gambling (FCCG) encourages parents, family members and others to leave lottery games and scratch off tickets off their children’s gift lists as we celebrate National Safe Toys and Gifts Awareness Month. The FCCG is again joining forces with the National Council on Problem Gambling’s Gift Responsibly initiative to educate communities on the risks of youth gambling. 

Youth Gambling Risks 

Problem gambling prevention starts with children. Gambling is illegal in Florida for persons under age 18 and while many adults believe lottery games and scratch offs are harmless, they can be a gateway to gambling for minors unable to fully grasp associated risks. Research shows the earlier a person is exposed to or participates in gambling during childhood, the likelier they are to develop a gambling problem later in life. As exposure to gambling often occurs during adolescence, several studies reveal adolescent problem gambling prevalence rates 3 to 10 times higher than adults. 

According to the NCPG [1]

  • 10-14% of adolescents are at risk for developing a gambling problem.
  • 4-6% of adolescents presently have a serious gambling problem.
  • Many young people report their first gambling experience between ages 9 and 11.
  • Almost 60% of high-school-aged adolescents report having gambled for money in the last year.

Youth-Targeted Gambling Marketing

Parents and others are not solely responsible for mistaking lottery games as appropriate gifts for minors. The marketing of gambling products has long pushed the boundary of explicitly targeting minors with the use of colorful, “cute” or well-known children’s characters in campaigns. This year, Addams Family scratch-offs hit stores in several states to draw in buyers [2]. 

Beyond the gambling industry, many video games feature gambling activities not reflected by their Entertainment Software Ratings Board (ESRB) ratings. ESRB ratings provide essential information to parents and others, enabling them to make informed purchases. Today, adults need to be attentive to the games children play and the time they spend on computers, cell phones and other devices.

You Can Help Prevent Youth Problem Gambling 

This holiday season and beyond, help the FCCG continue raising awareness of the associated dangers of youth gambling. Beyond understanding that lottery products are not child appropriate, here are several suggested guidelines that can help when speaking with minors:

  • Explain what gambling is and how it works.
  • Provide insight that gambling is not a way to make money because most times people lose
  • Advise how gambling addiction, like alcohol/drug abuse, impacts upon persons of all ages.
  • Set/stick to family rules about screen time/cell phone and web use.
  • Educate about warning signs of gambling addiction. 
  • Pay attention to behavioral/emotional/lifestyle changes.

For more information about youth gambling or for assistance with a gambling problem, contact Your One Sure Thing, 888-ADMIT-IT, for free, confidential, and multilingual 24/7 supports.

  1. National Council on Problem Gambling. “Gift Responsibly Campaign”, https://www.ncpgambling.org/programs-resources/gift-responsibly-campaign/.
  2. Edelstein Jeff, USBETS, ‘Addams Family’ Cartoon Scratch-offs Are Way Too Kid Friendly. Published October 27, 2022.



Source link

Casino Hosts — Concierges for Gamblers

Casino Hosts — Concierges for Gamblers


This post is syndicated by the Las Vegas Advisor for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page.

A.C. says: The author references Steve Cyr’s interview in Cigar Aficionado. For those who don’t know, Cyr is the subject of our book Whale Hunt in the Desert, written by LVA’s Deke Castleman. This article discusses a host’s duties in broad terms and hints at how wild life as a host can get. Hints. For the holy-shit particulars, read the book.

The article was written by Sean Chaffin in association with 888Casino.

What Are Casino Hosts?

For many gamblers, a casino trip simply means booking a flight and hotel or even driving to their nearest gaming spot. They might stroll in with their bankroll and take a seat at their favorite slot machine or head to a blackjack or crap table.

Perhaps a gambler working up an appetite heads to the buffet, then grabs a drink at the bar for a cocktail. A few comps may roll their way, but generally, these gamblers are playing their own bankrolls, hopefully using money that they’d already earmarked for entertainment.

Bigger-money players, however, often avail themselves of VIP treatment via a casino host. These casino representatives generally act as a complete concierge for a gambler, catering to almost every need for a gambler looking to gamble large sums at a casino.

Click to continue reading

twitteryoutubeinstagram






Source link

Podcast – Sports Bettor Amber Gamble

Podcast - Buddy Frank & G2E 2022


Our guest this week is a sports bettor named Amber Gamble.  Amber has a stats background and started her sports betting journey just a couple years ago.

[00:00]  Introduction of sports bettor, Amber Gamble

[00:40]  How did Amber get into the gamblng world?

[02:05]  Did dealing blackjack pique her interest in playing?

[03:53]  Moving to Lake Tahoe, pooling tips

[06:04]  Harvey’s in the 1990s, the casino’s attitude towards card counting

[07:48]  Moving to Las Vegas, card counting, data science, and sports betting

[09:51]  How did Amber start sports betting?

[11:55]  MMA data, handicapping MMA

[15:51]  Casinos in Mexico, ID requirements, taxes

[22:20]  Finding an edge, scaling it

[25:05]  Betting offshore

[26:25]  Has Amber expanded into betting other sports?

[32:18]  Commercials

[35:02]  Analytics.bet

[40:52]  Real World Risk Institute

[45:20]  Vegas travel tips

[54:17]  Twitter.com/ambergambling

[55:15]  Recommended:  Chili Caliente, Lady Chatterly’s Lover, The Logic of Sports Betting by Ed Miller and Matthew Davidow, Shaper by PokerJoe

Sponsored Links:

http://SouthPointCasino.com

http://BlackjackApprenticeship.com

http://VideoPoker.com/gwae

http://Unabated.com

Links Referenced:

http://Analytics.bet

http://Twitter.com/PlusEVAnalytics

http://Realworldrisk.com

http://LasVegasAdvisor.com

Recommended:

http://Chilecalientetym.com

http://Netflix.com/title/81476441

The Logic of Sports Betting by Ed Miller and Matthew Davidow – https://amzn.to/3V2nR1m

Shaper by PokerJoe – https://amzn.to/3HEYUWR

twitteryoutubeinstagram





Source link

Tag

Random Posts