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Author: Bill Zender Publisher: Anthony Curtis ISBN: 9780929712277 Category : Games & Activities Languages : en Pages : 313
Book Description
Is casino management an art? It is for the best casino managers! And Bill Zender knows the art of casino management. In addition to having worked in, managed, and owned casinos for decades, Zender has also been an enforcement agent for the Nevada Gaming Control Board, as well as spent time as an advantage player, exploiting the vulnerabilities of casinos from the civilian side of the tables. Today, he travels the globe consulting for the international casino industry. InCasino-ology, Zender argues against excessive card-counter and shuffle-tracker countermeasures in favor of hand production to increase profits, and concludes that rhythmic dice rollers aren't the threat they're made out to be. He details the dangers of customer-service breaches; ill-conceived non-negotiable-chip programs; and past-posting, marked-card, and false-shuffle scams. He addresses player tracking systems, 6-5 payouts for blackjacks, the subtleties of marketing to Asian customers, nuances of thederivative pit games, even the science of turning around a distressed casino. By challenging long-cherished conventions,Casino-ology provides contrarian and radical, but proven, solutions to common gaming issues, all in the service of refining the art of casino management.
Author: Catalin Barboianu Publisher: INFAROM Publishing ISBN: 9738752035 Category : Games & Activities Languages : en Pages : 340
Book Description
Over the past two decades, gamblers have begun taking mathematics into account more seriously than ever before. While probability theory is the only rigorous theory modeling the uncertainty, even though in idealized conditions, numerical probabilities are viewed not only as mere mathematical information, but also as a decision-making criterion, especially in gambling. This book presents the mathematics underlying the major games of chance and provides a precise account of the odds associated with all gaming events. It begins by explaining in simple terms the meaning of the concept of probability for the layman and goes on to become an enlightening journey through the mathematics of chance, randomness and risk. It then continues with the basics of discrete probability (definitions, properties, theorems and calculus formulas), combinatorics and counting arguments for those interested in the supporting mathematics. These mathematic sections may be skipped by readers who do not have a minimal background in mathematics; these readers can skip directly to the "Guide to Numerical Results" to pick the odds and recommendations they need for the desired gaming situation. Doing so is possible due to the organization of that chapter, in which the results are listed at the end of each section, mostly in the form of tables. The chapter titled "The Mathematics of Games of Chance" presents these games not only as a good application field for probability theory, but also in terms of human actions where probability-based strategies can be tried to achieve favorable results. Through suggestive examples, the reader can see what are the experiments, events and probability fields in games of chance and how probability calculus works there. The main portion of this work is a collection of probability results for each type of game. Each game's section is packed with formulas and tables. Each section also contains a description of the game, a classification of the gaming events and the applicable probability calculations. The primary goal of this work is to allow the reader to quickly find the odds for a specific gaming situation, in order to improve his or her betting/gaming decisions. Every type of gaming event is tabulated in a logical, consistent and comprehensive manner. The complete methodology and complete or partial calculations are shown to teach players how to calculate probability for any situation, for every stage of the game for any game. Here, readers can find the real odds, returned by precise mathematical formulas and not by partial simulations that most software uses. Collections of odds are presented, as well as strategic recommendations based on those odds, where necessary, for each type of gaming situation. The book contains much new and original material that has not been published previously and provides great coverage of probabilities for the following games of chance: Dice, Slots, Roulette, Baccarat, Blackjack, Texas Hold'em Poker, Lottery and Sport Bets. Most of games of chance are predisposed to probability-based decisions. This is why the approach is not an exclusively statistical one (like many other titles published on this subject), but analytical: every gaming event is taken as an individual applied probability problem to solve. A special chapter defines the probability-based strategy and mathematically shows why such strategy is theoretically optimal.
Author: Douglas M. Walker Publisher: Springer Science & Business Media ISBN: 3540351043 Category : Business & Economics Languages : en Pages : 210
Book Description
Casino gambling has spread throughout the world, and continues to spread. As governments try to cope with fiscal pressures, legalized casinos offer a possible source of additional tax revenue. But casino gambling is often controversial, as some people have moral objections to gambling. In addition, a small percentage of the population may become pathological gamblers who may create significant social costs. The Economics of Casino Gambling is a comprehensive discussion of the social and economic costs and benefits of legalized gambling. It is the first comprehensive discussion of these issues available on the market.
Author: Mark Bollman Publisher: CRC Press ISBN: 1482208946 Category : Mathematics Languages : en Pages : 278
Book Description
Understand the Math Underlying Some of Your Favorite Gambling Games Basic Gambling Mathematics: The Numbers Behind the Neon explains the mathematics involved in analyzing games of chance, including casino games, horse racing, and lotteries. The book helps readers understand the mathematical reasons why some gambling games are better for the player
Author: Bill Burton Publisher: Sourcebooks, Inc. ISBN: 1402231423 Category : Games & Activities Languages : en Pages : 216
Book Description
Beat the casinos at their own game! Casino gambling expert Bill Burton will teach you: The truth about the most popular casino bets How to find the best slot machines to play What games you should avoid at all costs The ten smartest bets in the casino The ten worst bets in the casino How to get the most bang for your buck—in the pit and all over the casino The basics of card counting, dice setting and other tricks of the trade How to make your money last When to play—and when to pack up and go home Master the winning game strategies the pros use
Author: Edwin Sieberstang Publisher: Signet Book ISBN: 9780451165534 Category : Games & Activities Languages : en Pages : 434
Book Description
No matter which game you play, this is the only guide you need to maximize your odds in the casino. The Winner's Guide to Casino Gambling, long recognized as the definitive guide to the best strategies at the gaming table, is now completely revised and expanded to include new rules and strategies for every major game, including several popular new ones. This entirely updated fourth edition remains the most authoritative and comprehensive book in the field, bringing gambling expert Edwin Silberstang's professional secrets and expertise to the twenty-first-century casino.
Author: Frank Scoblete Publisher: Triumph Books ISBN: 1623680050 Category : Games & Activities Languages : en Pages : 315
Book Description
Penned by a reputable authority on casinos, this guide provides the tools of the trade in order to perform a successful climb to the top of the gaming mountain. A step-by-step instructional approach is presented, going beyond the standard handbooks on blackjack, craps, and slots to include tips and tricks on baccarat, roulette, and more. A must-have for both casual and professional gamblers throughout the nation, this invaluable companion is guaranteed to provide the winning edge to beat the house.
Author: J. Edward Crowder Publisher: James Crowder ISBN: 9781598005196 Category : Self-Help Languages : en Pages : 246
Book Description
SURVIVE THE CASINO AND HAVE FUN! Casino gambling is the fastest growth industry in the U.S. As more and more states enact legalized gambling regulations in the pursuit of tax revenue, so there are more and more gamblers that are lured to casinos for entertainment and the chance to win big bucks. About 99 percent of gamblers lose money in the long run, unfortunately, and some become so addicted to gambling that they lose their homes, cars, friends and sometimes families. Dr. Crowder takes a look at the casino milieu, dangers and temptations lurking there, personality and emotional differences that impact gambling behavior, the effects of alcohol and prescribed and street drugs on gambling, how slot machines work, and the odds of winning and losing at available games. This is primarily a "How To" book: How to keep from losing your shirt, How to avoid crime and cheating, How to get your share of the billion or so dollars casinos give to gamblers each year, and How to play the most generous casino games.