Gambling Newsletter Hot News and Winning Strategies for Gamblers Issue 3, 16 Mar 2000 |
IN THIS ISSUE |
NEWS: Three Tenors perform at Mandalay Bay VEGAS: New Aladdin opens August 17 STRATEGY: Blackjack myths and facts SPORTS: Choosing a Bookmaker - Part 2 ASK MAX: Are Slots more lucrative than Video Poker? TRAVEL DEALS: This week's Vegas hotel specials TIP OF THE WEEK: Advice from professional gamblers EDITOR: A word from our Editor |
TOP NEWS Three Tenors Perform at Mandalay Bay On March 2, 1999, Mandalay Bay Resort & Casino in Las Vegas opened its doors to the public. On April 22, 2000, the resort celebrates its one-year anniversary with a very special performance by the legendary Three Tenors. This intimate performance marks the Three Tenors only 2000 West Coast appearance as well as their first-ever performance in Nevada. At only 10,700 seats, the anniversary concert earns the distinction as the Tenors' smallest public performance ever. The Mandalay Bay Events Center, inaugurated last year with a performance by Luciano Pavarotti, has also been the site of blockbuster concerts including Ricky Martin, The Eagles and Bette Midler. |
VEGAS New Aladdin Opens August 17 By Melanie Banks, Gambling Newsletter After 22 years, the legendary Aladdin casino was imploded on April 27, 1998. Soon a new Aladdin will take its place, bigger and better than ever. Opening August 17, 2000, the Aladdin will feature the city's largest collection of shops, restaurants, sights and entertainment. Inspired by the mystical tales of the 1,001 Arabian Nights, the multi-level casino will feature a towering 50-foot golden lamp with a dramatic sculpture of giant, winged horses gracing the entrance to the sports book facility. The Aladdin's shopping complex, called the Desert Passage, will house more than 130 of the world's most extraordinary shops. Visitors will follow ancient trade routes stretching from the coast of Spain across Northern Africa on to the Arabian Sea. Along the way, they'll be able to browse in intriguing marketplaces like the Lost City, which is tucked into a towering mountainside, or enjoy street performances in lively gathering places like the North African Harbor. On top of that, the Aladdin will offer more dining options than any other resort in Las Vegas -- 21 great restaurants. See artists' sketches of the Aladdin at http://www.aladdincasino.com |
STRATEGY Blackjack Myths By Ralph "The Silver Fox" Stricker, http://www.silverfoxbj.com Myth #1: The object of the game is to get to a total of 21, or as close as possible, and not exceeding 21. Myth #2: Third base is more favorable than the other seats. Myth #3: You can't count more than two decks. Myth #4: Bad players cause us to lose. Myth #5: Always take Insurance if you have a Blackjack. Click to read the rest of the Silver Fox's article |
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SPORTS Choosing a Bookmaker - Part 2 By Carl-William Tovås, http://www.gamblersdomain.com Two weeks ago we looked at the issue of credibility and how it factors in when choosing a bookmaker. Now let's look at a few betting considerations. First, what is the bookmaker's average deduction (tax)? A normal tax is 10-20%. The more experienced the bookmaker, the lower the tax they can work with. The tax can be estimated as follows, using Manchester United-Arsenal as an example. Say the bookmaker offers the odds, 2.00-2.00-3.00. If you bet so that you get the same amount back whatever outcome of the game you will be able to calculate the tax. In the match above, let's say we bet $300 on Manchester, $300 on a draw, and $200 on Arsenal to win. Whatever the outcome we will get $600 back. However we have made a total bet of $800 meaning we lost $200 on a $800 bet. 200/800 is 25%. This is the average deduction, or tax as we call it. All company's tax rates are presented on gamblersdomain.com. Next, determine whether you can bet singles or are forced to bet doubles or trebles. If you can't bet on singles the tax is higher. If they have 10% tax and you have to bet doubles you will get only 81% back instead of 90%. This is because you have to multiply the average revenues. 0.90 * 0.90 = 0.81. Finally, look for how much they let you win. A low win limit is not good. In summary, the bookmaker you choose should:
Visit Carl-William's Web site for lots more sportsbetting info |
ASK MAX Slots Versus Video Poker By Max Drayman, http://www.winneronline.com Q. What tips can you give me on playing the video poker machines? Are you more likely to win if you play the dollar machine? Are slots more lucrative than video poker machines? A. In general, video poker machines give better payouts than slots if you play correct strategy. The following pages have good info on video poker: http://members.aol.com/lotsie/poker.html |
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TIP OF THE WEEK
"...the larger the casino, the more expert the cheating dealers are." -- Lance Humble, The World's Greatest Blackjack Book |
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A Note From The Editor
Thanks for reading! We'll be back next week with new, informative articles by some of gambling's top names. If you have a question or comment, contact me, Steve Johnson, at . See you next week! |
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