The Podcasts of Casinos USA

Episode # 133 Spring Break Report Part 2

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Show Notes:

The South Point Casino Resort, the video poker casino of choice, is reviewed by a local via a call in to the show and by Janie. This resort has more than 1300 rooms and is the home of a variety of events that attracts thousands of visitors. Coach Fav explains why a famous gambler plays so much video poker at the South Point. Love horses? Then the South Point is a must…. so many reasons for making South Point part of your Las Vegas vacation.

Next Janie and Coach Fav give a detailed review of the Mob Museum in downtown Las Vegas. This is a very popular stop for hundreds of people daily. After hearing this glowing review you may become one of those. Don’t forget to enjoy the Speak Easy at the end of the tour.

In Craps Talk Coach Fav explains why his amazing Craps Winning Streak (9 straight winning sessions) finally came to an end on Kentucky Derby Day at the Hollywood at the Meadows in Washington, Pennsylvania, a Penn National property about 25 minutes from the Pittsburgh Airport. In his honest presentation regarding losing at Craps, he presents a clash of traits that many craps advocates must tame –  A competitive personality vs the establishment of a firm “loss limit.” Following his losing session, Coach Fav explains what his major mistake in play was and vows it will not happen again. He hopes, of course.

Finally Coach Fav thought his losses at Craps would be made up by his pick in the Kentucky Derby, EpiCenter. It looked that way until out of nowhere from the back came Rich Strike. Get the details.

Casinos USA is a Place Where Every Day is Saturday!

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Episode # 132 Spring Break Report Part 1

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Show Notes:

Janie opens the podcast today. We stayed at the M Resort in Henderson, Nevada, the official hotel of the Las Vegas Raiders three nights, two nights at the palace size South Point Casino, a very popular locals casino, and the final two nights at Bally’s on the Las Vegas Strip. Today’s podcast focuses on M Resort and Bally’s. Janie reviews several areas of concern and grades M Resort very high with the one exception of the Sports Book. Otherwise, it is perfect.  Food Costs were so reasonable at the M Resort and the pool is HEATED. The hotel coffee in the M Resort  24 hour Bakery/Coffee Shop is the very best coffee she has ever had including Starbucks. So many other important details of our stay at the M Resort are mentioned.

Bally’s is in transition and is behind the 8 ball as their first floor restaurants are gone with the exception of Nosh, which is only open a couple of days a week. 

Craps Talk:

Coach Fav talks about the effect that electronic craps tables and bubble craps machines will have on the regular craps tables.  Jeremy Elerick of Color Up, perhaps the best producer of Craps Videos on YouTube, believes that these types of tables will bring more players to the regular craps tables eventually.  Coach Fav hopes Jeremy is correct, but feels strongly that casinos will ultimately embrace an electronic table which requires just one dealer, which dozens of people can play from their seats surrounding the table or bubble craps machines that do not have any dealers – instead of staffing his beloved regular felt covered table with four dealers a box man, two dealers, and a stick man. Finally Coach presents a Martingale style betting scheme for electronic or bubble craps that offer a very low minimum bet – as low as $1 for line bets.  He has had success with this approach, using Come Bets, but Coach Fav does not guarantee that it will always work…. nothing ever does in a negative expectation game. Still we love CRAPS!

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Every Day is Saturday at Casinos USA

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Episode # 131 SPRING HAS SPRUNG!

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Show Notes:

Coach Fav welcomes the season of Spring, which symbolizes many positive things but in the commonplace means the roads to area casinos are free and clear of ice. Immediately the topic turns to what he calls the “Duke Aftermath” and the end of March Madness for both women and men. Spring means travel. Coach and Janie talk about some of the travel mistakes they once made, mistakes listed by Travel and Leisure Writer Alex Schecter in a recent online article on 12 major travel mistakes tourists make coming to and staying in Las Vegas. Janie and Coach give their own tips about how to avoid some of the most common travel mistakes. One of the danger areas is taking videos and photos in casinos without securing permission from security. Don’t risk a casino ban.

 In Craps Talk Coach Fav gives an honest account of  “Table Game Expectation Value,” both Negative and Positive in casino table games, including his favorite game, Craps. So often players refer to themselves as “Advantage Players” without regard to the true meaning of the term. There is no fail safe betting system possible in a negative expectation game so let’s stop pretending that there is. He does show that true and legitimate Advantage Players master lowering the house edge although they cannot gain a true mathematical advantage on the casino itself. Betting systems often raise the house edge while providing more risk and more money if they succeed. They do and do not. That’s the truth of it. 

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Episode # 130 Basketball-Craps-Casinos

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Show Notes

Part 1

Coach Fav gives his early picks in the NCAA Men’s Basketball Tournament. He gives his betting strategy on Gonzaga, the team that he anticipates will be the National Champion. In his presentation, he makes the case for teams that are good bets in the early rounds. His beloved Notre Dame won the preliminary game with a double overtime win against Rutgers making Coach Fav a winner betting on an underdog.

Part 2

In Craps Talk  Coach Fav receives a phone call on a craps betting system from a caller from Georgia who presents his “No Soft 4 Strategy.”  Coach agrees this strategy is a solid one and offers a variety of ways to make betting the “Inside Numbers” or the “Iron Cross” plays profitable with this approach.  Too many craps players just have no idea of how to use lay bets to hedge. This segment might encourage a try at making lay bets. Use creative betting, such as lay bets, to make the game yours. 

Part 3

Janie joins the podcast to discuss the great fun Sports Books offer during March Madness. Drawing from the American Gaming Association data, Janie and Coach Fav present the amazing amount of money (in the Billions) that will be wagered this month on college basketball. She talks about the casinos with impressing sports books that she has enjoyed. She loves stadium seating which is unusual – so she loves Bally’s Sports Book.

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Episode # 129 Nevada Blackjack, What Went Wrong for Players?

    

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Show Notes:

Part 1: Players who are very good using the Basic Strategy while playing Blackjack generally face about a 2% house edge. Those players who have mastered Basic Strategy reduce the house edge or advantage to under 1%. From those perspectives it’s difficult to understand how the 400 plus casinos in Nevada earned over 14% of all the money wagered while playing Blackjack in the year 2021. This win percentage is from the factual report of the Nevada Gaming Commission. In this podcast, Coach Fav discusses why this high casino advantage happened to a game, which should have a much lower house edge. In fact, slot machines were easier to beat than Blackjack in Nevada during 2021 as they only kept 9% of the money wagered. So Coach Fav offers an explanation for the high profits for casinos are raking it in from the Blackjack tables.

Part 2: Janie talks about the advantages of gaming companies that have properties in several states and offer a rewards program that can be used on any property. This results in some interesting and attractive offers, which is all part of the joy of recreational gambling. She also explains a safety tip for those who win in a casino.

Part 3: Responding to a call to Casinos USA’s Voicemail, Coach Fav takes on the controversial subject of Dice Control in Craps.  

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Episode # 128 2021 Best Year Ever

                    

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Part I:  Coach Fav reviews the amazing winning year of 2021 enjoyed by America’s casinos. This information is factual and comes from the Annual Report of National Trade Group for Casinos: American Gaming Association. He also gives the take on the Nevada’s Sports Books on Super Bowl wagers. Finally he considers both the negative and the positive results due to the great financial success of the casinos in 2021. Yes, there is a major negative that will affect many of us. There are many positives as well.

Part II: Coach Fav shares his Super Bowl LVI betting strategy that earned him $384, which will be split with Janie, of course.

Part III. In “Craps Talk” Coach Fav explains that too many craps betting system do not use the actual “best bet” in craps in their strategy.   He finds that rather silly. He gives all the options when playing odds behind the pass line or on come bets. 

 He concludes the segment by reviewing a strategy for playing from the Don’t Pass Line. He calls it “25-6.”

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Casinos USA is Still a Place Where Everyday is Saturday!

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Episode # 127 Trading Questions and Answers

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Enjoy a 30 minute conversation with a well-known gambler and author from the Mohegan Sun Casino, Charlie Frair. Charlie, Janie, and Coach Fav discuss gambling in terms of slots, craps, table games, and casinos in general. Charlie has a lifetime of gambling wisdom. “His explanation of the mathematical term VARIANCE as applied to betting streaks and trends in table games is absolutely the best description of variance that I have come across in my life,” says Coach Fav. Honestly, there is much specific gambling information to unpack here including Janie’s slot tips and warnings, Coach Fav’s gambling principles applied to craps, and Charlie’s detailed explanations on how to beat the casinos by establishing a betting strategy along with a playing style strategy, which he prepares BEFORE he goes to a casino. 

Charlie, author of Casino Fun, 101 tells how to prepare to gamble in the casino and how to win more times than not based on a specific list of 25 questions that one must answer before entering a casino so to ensure that victory will come much more often than not.  It’s an amazing list.  He also provides his website where these questions can be downloaded for free.     

Casinos USA is still a Place 

Where

Every Day is Saturday!

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Episode # 126 Make a Living Gambling?

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Show Notes:

Coach Fav explains how difficult it is to make $100,000 yearly gambling and not have any other income backup. In fact, the IRS notes that the number of strictly career gamblers who do not declare any income outside of gambling is very small. Poker and Sports Betting are the areas of casinos where most of these career gamblers work. Outside of Blackjack card counters, few career gamblers make a living from gambling alone. Year by year the number is from 200 to under 1,000 taxpayers. It is almost always closer to 200 than 1,000.

Coach Fav lists how many gambling decisions per hour occur in the main table games and the House Edge a player faces in several popular games. He then gives examples of mistakes most of us make in gambling at casino table games.  He warns that betting systems that describe gambling with “house money” – “casino money” neglect to state that betting “house money” really means gambling with your profits. Coach recommends the John Marchel’s “Guide to Gambling” book, which goes  deeper into this topic.

Craps Talk: Here’s an inexpensive Regression Craps betting system.  REGRESS-PLACE-PRESS. As with any system there is not a guarantee to make money, but Coach Fav believes using this $36 initial bet regression, one has a very good chance of being successful. The decision to press and how many hits before you come off or down, comes down to  your own judgement and risk tolerance.  Remember it is the TAKE HOME MONEY that’s most important.

Odds and Ends: Janie presents a variety of important tips. She explains that the loss of the American Casino Guide make the Las Vegas Advisor REWARDS BOOK by Anthony Curtis all the more valuable, Janie makes the case that the dark days of winter are a good time to plan future casino resort trips. For example, she already has booked a casino hotel for the October college football game at Allegiant Stadium between Notre Dame and BYU. She is working on booking beach casino hotel locations for NASCAR, and shopping for antiques. It’s the Belterra in Southern Indiana.  She lists other possible casino resorts that offer such nearby attractions. Janie closes by talking about advantages of having an MLife Credit card. She encourages our listeners to check to see if your hotel choice in Vegas has an adequate sized pool with “Complimentary” pool chairs – important for the family that does not want to pay from $20 to $100 a day for pool chairs. Janie always wants a large pool to swim in because she is a power swimmer and likes to really swim.

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Episode # 125 The Danger of Deep Play

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Podcast Notes: 

In the opening segment Coach Fav works toward a definition of “Deep Play” by presenting listener phone calls to Casinos USA Podcasts that are not about Deep Play at all. The two callers are recreational gamblers or want to be recreational gamblers. Both callers enjoyed Casino Fun – 101, a new casino book that we reviewed by interviewing the author (Charlie Frair) in our last podcast. Coach Fav then goes on to define Deep Play.

Deep Play is a term from the sciences of Anthropology and Sociology. Deep Play is a characteristic of individuals who make bets that are so high that they are irrational. More than for financial gain, this Deep Play impulse is about betting for attention, to be a casino celebrity, to be the center of attention, to define your worth by the size of your bets. Such bets stand in the face of the math of nearly all casino table games – deliberately designed as negative expectation games so that the longer one plays, the more likely it is that the casino will win. The math of the game is on the house side.  Despite possible short term Deep Play success by the player; eventually, Deep Play bets will destroy all but the very rich. In addition, the stress of losing thousands of dollars may destroy marriages, families, and employment. The Deep Play impulse is such a powerful impulse for many addicted gamblers that they commit crimes such as embezzlement to continue making these irrational bets. At the very least, Deep Play will most often steal the joy out of the casino experience and add stress to one’s life. To quote Casino Fun 101, “The money you don’t lose is often more important than the money you win.”  Yes, that’s so often the case.

Janie and Coach Fav talk about many reasons why people are attracted to casinos that have nothing to do with dangerous Deep Play impulses.  Janie gives her reasons for visiting casinos. 

Finally in the popular “Craps Talk Segment,” Coach Fav reviews a craps betting strategy from a recent Casino Quest YouTube Video that suggests a player should make this opening bet for $640 across the point numbers, placing $100 on the 4-5-9 and 10 and $120 on the 6 and 8. If the player gets one hit on these place bets, they are to regress to $96 across. An opening 7 costs the bettor a $640 loss – in an attempt to win a little more than the $96, thus, playing on “Casino Money.” Ouch! That’s silly.

Coach explains that this first bet strategy makes no sense to him. Why not just bet the $96?  He also challenges the notion of Long Play in a negative exception game, such as craps. One casino visit has nothing to do with future visits.  Just because you are down $4,000 after two visits doesn’t mean that you are going to win it all and more on your third. You could be losing for months. Adding to the Long Play issue, he also challenges the idea that one can gamble with the Casinos Money if they win that $640 across.  MONEY THAT YOU WIN IS YOUR MONEY! Coach believes that the term  “Casino Money” is a misnomer. The term is misleading. Bet the way that you want to, but consider what your motivation is in making large bets. If you think one large bet to open a craps game will lead to eventual success, tread carefully.  If it is a Deep Play impulse to do it, stop immediately.

Risking $640 so to win enough to place the point numbers for $96 is not logical. Two opening 7’s by the dice, puts this bettor down $1280. I bet $96 each time, so it puts me down $192. Big Difference.  Actually, I don’t like risking $96 to start a game, but it’s a more reasonable risk than $640. I do start many games with $76 across – $10 on the 4-5-9-10 and $18 on the 6 and 8.  

Casinos USA is a Place where Every Day is Saturday!       

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Episode # 124 More Casino Group Therapy

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Merry Christmas from all of us at Casinos USA Podcasts

Chp. 1 Extended Interview with author of Casino Fun 101 – Charlie Frair

Chp. 2 Craps Talk: Playing both the Pass Line and the Don’t Pass at the same time? Yes, there is one major advantage. Coach Fav explains this unusual play.

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Casinos USA is Still a Place Where

Every Day is Saturday!

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