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Best of Frank Scoblete

Gaming Guru

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Scobe's Quick Tips: #89 and #90: Gambling Systems, Bets with Fancy Names

20 February 2004

Scobe's Quick Tip #89

Gambling systems that are based on whether you won or lost the last bet cannot overcome the house edge on games of chance.

Betting more when you win a hand or betting more when you lose a hand only changes the patterns of your monetary wins and losses but not the long-term probabilities. If the casino has a five percent edge, in the long run, no matter what betting system you use, you will lose five percent of all the money you played.

But not everyone agrees with this idea. To read a contrarian's view, see Walter Thomason's Twenty-First Century Blackjack.

Scobe's Quick Tip #90

A fancy name doesn't mean a bet is worth making.

Take the Big Red or Any Seven bet at craps. It sounds cool to throw out a chip and say: "Big Red!" The bet, however, is awful as the casino has a 16.67 percent edge. You will lose $16.67 for every $100 bet this way at craps. Avoid this bet.

How about snake eyes or box cars - sound good? They come in with high edges, too.

Stick to the dullest-sounding bets such as Pass and Come, because they have low house edges.

For more information on craps, read Forever Craps by Frank Scoblete and Get the Edge at Craps by Sharpshooter.

Articles in this Series
Best of Frank Scoblete
Frank Scoblete

Frank Scoblete is the #1 best selling gaming author in America. His newest books are Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Pai Gow Poker!; Beat Blackjack Now: The Easiest Way to Get the Edge; Casino Craps: Shoot to Win!; Cutting Edge Craps: Advanced Strategies for Serious Players; Casino Conquest: Beat the Casinos at Their Own Games! and The Virgin Kiss.

Frank and Casino City Times columnist Jerry "Stickman" teach private lessons in dice control. Frank's books are available at Amazon.com, in bookstores or by mail order. Call 1-800-944-0406 or write to Frank Scoblete Enterprises, PO Box 446, Malverne, NY 11565. Frank can also be reached by email at fscobe@optonline.net.

Frank Scoblete Websites:

www.goldentouchcraps.com
www.goldentouchblackjack.com

Books by Frank Scoblete:

Craps Underground: The Inside Story of How Dice Controllers are Winning Millions from the Casinos!

> More Books By Frank Scoblete

Frank Scoblete
Frank Scoblete is the #1 best selling gaming author in America. His newest books are Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Pai Gow Poker!; Beat Blackjack Now: The Easiest Way to Get the Edge; Casino Craps: Shoot to Win!; Cutting Edge Craps: Advanced Strategies for Serious Players; Casino Conquest: Beat the Casinos at Their Own Games! and The Virgin Kiss.

Frank and Casino City Times columnist Jerry "Stickman" teach private lessons in dice control. Frank's books are available at Amazon.com, in bookstores or by mail order. Call 1-800-944-0406 or write to Frank Scoblete Enterprises, PO Box 446, Malverne, NY 11565. Frank can also be reached by email at fscobe@optonline.net.

Frank Scoblete Websites:

www.goldentouchcraps.com
www.goldentouchblackjack.com

Books by Frank Scoblete:

> More Books By Frank Scoblete