vendredi 29 janvier 2010

The Real Casino Royale: gangsters in a class of their own - Telegraph

The Real Casino Royale: gangsters in a class of their own - Telegraph: "'It was like robbing Fort Knox and the Bank of England at the same time – just a lot easier,' says Bobby McKew, a former gangster who was involved with one of the most outrageous scams ever perpetrated on London's high society. Over the course of two years in the Sixties, in an elegant Mayfair private members' club, some of the wealthiest people in Britain were swindled out of millions of pounds, thanks to a gambling con known as 'the Big Edge'. Presiding over this audacious scheme was the club's owner, John Aspinall, a social climber and charismatic man about town."

samedi 23 janvier 2010

Youths prefer Web betting

Youths prefer Web betting: "Young adults - a key growth sector for Canada's gambling industry - are very interested in such 'technology driven' options as online gambling, which is not yet legal in Canada, an industry conference heard yesterday."

mercredi 20 janvier 2010

Dealing With Card-Counters

"Casinos are the only businesses which make money by beating their own customers at games of chance. The operators of lotteries and parimutuel betting do not care who wins or loses. With casinos, however, the house cares very much who wins. The casino participates as a player covering the bets of the other players in every hand."

mardi 19 janvier 2010

Education: Applied Mathematics - TIME

Education: Applied Mathematics - TIME: "A sucker with a 'system' is always welcome in Reno, where gambling is legal. One day last month two young amateur gamblers strode confidently into Reno's gaudy Palace Club. They were armed with a bankroll of $120 and a 'scientific' theory cooked up between classes at the University of Chicago."

Holy Craps! How a Gambling Grandma Broke the Craps World Record - TIME

Holy Craps! How a Gambling Grandma Broke the Craps World Record - TIME: "It sounds like a homework problem out of a high school math book: What is the probability of rolling a pair of dice 154 times continuously at a craps table, without throwing a seven?

The answer is roughly 1 in 1.56 trillion, and on May 23, Patricia Demauro, a New Jersey grandmother, beat those odds at Atlantic City's Borgata Hotel Casino and Spa. Demauro's 154-roll lucky streak, which lasted four hours and 18 minutes, broke the world records for the longest craps roll and the most successive dice rolls without 'sevening out.' According to Stanford University statistics professor Thomas Cover, the chances of that happening are smaller than getting struck by lightning (one in a million), being hit by an errant ball at a baseball game (one in 1.5 million) or winning the lottery (one in 100 million, depending on the game)."

Gambling Study: How Winning at Poker Causes Greater Risk - TIME

Gambling Study: How Winning at Poker Causes Greater Risk - TIME: "You can learn a lot about gambling if you're willing to analyze 27 million hands of online poker. Don't have time for that? No worries; sociology doctoral student Kyle Siler of Cornell University has done it for you. His counterintuitive message: the more hands you win, the more money you're likely to lose — and this has implications that go well beyond a hand of cards."

dimanche 17 janvier 2010

Sexton’s Corner, Vol. 31: Archie Karas, ‘The World’s Biggest Gambler,’ Part 1 - Gambling Blog

Sexton’s Corner, Vol. 31: Archie Karas, ‘The World’s Biggest Gambler,’ Part 1 - Gambling Blog: "Can you imagine anyone driving to Las Vegas in 1992 with $50 in his pocket, then borrowing $10,000 to start playing $200/400 razz and seven-card stud, and in six months, running it up to a $17,000,000 fortune shooting pool, playing poker, and shooting dice? Then, instead of cashing out, he decides to gamble sky-high and runs his bankroll to over $40,000,000, before losing it all back by 1995? Meet the biggest gambler in the world, Archie Karas. You’re about to take a journey down memory lane to the most legendary high-roller story that ever happened in Las Vegas. Be sure and fasten your seat belts!"

dimanche 10 janvier 2010

Bookie refuses to pay out 7 million on snow bet - Yahoo! News UK

Bookie refuses to pay out 7 million on snow bet - Yahoo! News UK: "Bookmaker Ladbrokes is refusing to pay out more than 7 million pounds to a man who gambled on a white Christmas across the UK, as the bet was accepted by mistake."

Blackjack Insider Newsletter - articles, advice, and store

Blackjack Insider Newsletter - articles, advice, and store: "I’ve been going to casinos for nearly 40 years and I’m not broke. On the contrary, casinos have been very good to me. What I’m about to do is share with you what games I’ve played, what strategies I’ve used, where I play the games, and other tidbits from someone who has been around the block a few times when it comes to casino gambling."