A late night gambler plays the slot machines 03 May 2005 in Las Vegas,Nevada.
Fermat and Pascal developed the concept of probability theory from correspondence started when the Chevalier de Mere asked them to continue reading a gambling problem.
Today, wizard of odds blackjack books authority on casino games is Michael Shackleford, the Wizard of Odds.
His website,provides data, advice, calculators, and simulators for players in hundreds of variations of casino games.
When the media needs an answer, they ask Mr.
He also follows his own advice; he is a successful professional gambler.
The casinos respect his knowledge to hire him to consult on game design, payouts, and https://indonesiaairsoft.com/blackjack/blackjack-game-demo.html patterns in their operating results.
Hash Tag in Vegas Mike was nice enough to have breakfast with me recently in Las Vegas.
Shackleford is generally accessible to the media, I am lucky to get this block of his time.
He told an interviewer for LiveScience.
To be safe, I arrived fifteen minutes early.
He has salt-and-pepper hair, a sun-creased face, and is tall and fit.
He looks like a grown-up California kid he turns 50 in May who spends a lot of time outdoors on hobbies like hiking and bicycling.
What he does not look like is a man who earned his living in casinos or hunched over a computer.
He also loves travelling and has been a devotee of click to see more and juggling.
He also collects license plates and math problems.
He has a website displaying the math problems.
Blackjack and Baby Names Michael Shackleford was born in Pasadena, California, on May 23, 1965.
He grew up in Orange County, where he lived until 1992.
He received his B.
From childhood Mike was interested in games, math, and odds.
Not surprisingly, when he turned twenty-one, he started playing 21.
Over the next several years, he took a series of actuarial examinations.
In 1992, he moved to Baltimore to work as an actuary at the headquarters of the Social Security Administration.
Note who has more chips.
This is how Michael killed time on camping trips.
Photo: Michael Shackleford The move East put his blackjack hobby on hold.
The six- and eight-deck games in Atlantic City were not as favorable as the single- and double-deck games of Las Vegas.
In 1997, while still at SSA, Mike demonstrated how his dexterity with complex data and sense of fun were never far apart.
With his wife expecting their first child, he wrote a program to sort Social Security card wizard of odds blackjack books by year of birth, gender, and first name.
Years later he wrote on Wizard of odds blackjack books />It was too good to keep to myself; I blackjack tire sealant the whole country would wizard of odds blackjack books to see this.
The baby name information became a media sensation.
In early 2000, the site began accepting advertising, and soon after, he left SSA to work full time on the website and casino consulting.
His 2002 scoop on Las Vegas slot machine returns demonstrated his ability and instincts.
Shackleford could obtain and explain complex material.
He also had the imagination to anticipate and feed public appetites.
Unlike combinations of dice or cards, casinos can program returns on individual slot machines by changing the reel stripping.
Shackleford got access to casino par sheets, went to the casinos, and played the machines long enough to determine the reel-stripping settings.
No one had seen this information before.
Once available, everyone wanted to know it and quickly understood it.
It was like the baby-name list, for slot players.
Over a decade later, those rotten airport slots still get plenty of action.
The casino at the top of his nickel-slot survey, the Palms, splashed his conclusion on billboards for years.
The infamous billboard Photo: WizardOfOdds.
In the years since, Mr.
Shackleford has earned the right to be considered a gambling authority.
His accessibility and adroitness with the media has multiplied wizard of odds blackjack books for his site, especially when a casino issue — or simply a question of long odds — enters the news cycle.
The website now has detailed rules and optimal strategy pages for approximately 200 games.
For blackjack players, the site covers 40 variations.
An additional series of game calculators allows players to calculate odds, returns, and strategy for any casino variations later introduced.
The page notes Faro was played in Reno as recently as 1985, but its height of popularity was in the Old West, when you could run into Wyatt Earp or Doc Holliday dealing the game.
All this advice is not static.
The game uses a 64-card deck a standard deck plus four 11s, 12s, and 13s.
Following optimal strategy on a multicolored chartthe house edge is 1.
If you are at a Grosvenor property or on Royal Caribbean, should you make the Protection side bet, paying 5-to-1 with a multiplier increasing the payout to as much as 200-to-1 for busting on your first two cards?
If you do, you are ceding the house an edge of 8.
The Player How does the Wizard of Odds find time to play games on his own account?
What does he play?
As a further complication, Mike is ridiculously efficient about spending his time.
But I would go there if it was just making a right turn.
And I will plan my whole day so that I make a right turn instead of a left turn.
Still, he has played relatively little blackjack since moving just click for source Las Vegas in 2001.
By then I was making good money from my web site and consulting, especially in comparison to just click for source I could make at the tables.
One of his favorite games to analyze and play in a casino has been Pai Gow Tiles.
It is a complicated game with rules like Pai Gow with a touch of Baccarat and game equipment like Mah Jong or Dominoes.
Shackleford for several reasons.
First, it has rarely been analyzed, so it provided him a new and challenging puzzle for developing optimal strategy.
Based on his analysis, a player plays nearly even with the house and occasionally has a small edge.
Second, he gets a kick out of being one of the relatively few non-Asians wizard of odds blackjack books the table.
Third, the game is fun link played at a casino with friends, giving him a break from his mostly solitary pursuits in gambling.
As a bettor, Shackleford has focused over the last several years on sports betting, specifically NFL games.
Photo: Michael Shackleford He will bet other sports if he finds the right opportunity.
The profusion of online sports books must be a giant amusement park to Michael Shackleford.
He told me about one situation where he was so successful that the site — and every other Internet casino — stopped offering the bet.
However, if you sell too many, then it becomes a good value for the player.
They should be increasing the price on an exponential basis, but most places incorrectly do it on a geometric basis.
I calculated at the time that a fair price to buy 5 extra points was 233.
So, I was getting a 3.
It may not sound like much, but I was betting every game, and both sides on most of them.
He rarely had a losing day.
This was not a feat of inside information or experience scouting and handicapping the NBA.
It came from recognizing and exploiting the opportunity the site provided.
He made no attempt to disguise his strategy or identity.
Almost immediately, all the sites stopped taking that kind of bet.
The Advisor Mike started his gaming consulting business even before he moved to Las Vegas.
The number of game designers has multiplied over the last few decades.
The number of casinos, especially online, has also exploded.
Only a small amount of his consulting has been for land-based casinos.
A main area of his consulting has concerned game design and testing.
They always want to see more math.
When that happens, they hire Mr.
Shackleford to figure it out and explain it to them.
He discovered that one client, an Internet casino, offered a pay table that inadvertently gave a player a 20% advantage.
Usually, the result is less obvious and requires analyzing mountains of data.
He described one casino that had a bad month consider, free spanish blackjack online necessary table games and asked him if, based on the results, they were doing something wrong.
He reviewed results from every shift, then every pit, then every table, and then from every player.
One player got lucky in blackjack.
Mike said it should be doing the opposite, because encouraging him to play more was its best chance to win back that money.
Perhaps I should have expected wizard of odds blackjack books from a famously methodical analyst of games.
Beating casinos or joining them is riskier business than even Michael Shackleford can make it appear.
In May 2014, despite nearly fifteen years as a successful operator of WizardOfOdds.
Never mind that WizardOfOdds.
Instead of having advertisers pay an account at, say, Bank of America, he had to accept the money initially at a Cyprus bank.
He had to eat the loss and continue transacting with another Cypriot bank, which apparently decided it could simply ignore his requests to withdraw money.
In September 2014, he sold WizardOfOdds.
Based on his initial experience with the new owners, he has declared that he hopes here stay on even longer.
He also finds himself in the crossfire of the continuing war between casinos and players.
Because he advises casinos, some players consider him a wizard of odds blackjack books />I look at it like the wolf and the sheepdog in the Looney Tunes cartoons.
We can be friends but once we punch our time cards and the whistle blows, we work against each other.
When it blows again and we punch out, we go back to being friends.
As an extra tool at Mr.
Michael Craig is an author, journalist, and lawyer.
He has written four books, including The Professor, the Banker, and the Suicide King: Inside the Richest Poker Game of All Time.
Follow him on MikeCraigIsAmok and.
This article is part of his collaboration with and on the lives and games of smart, interesting risk takers.
Three Card Poker by the Wizard of Odds
BLACKJACK TOURNAMENTS. Blackjack Tournaments - Chapter 15... The second book is a classic on tournament play, Casino Tournament Strategy by ...
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