Ask the Wizard: |
Questions about the Wizard himself (and the website) |
I'm a long-time fan. Thanks for keeping it fresh. I just watched a show on CGTV (Canadian Gaming TV) called "Casino Life" that dealt with Caribbean Stud Poker. The host of the show gave kudos to you and your site and your strategy for this game was presented on the show. Later, I saw that you were credited. Does this generate income for you or is it just good press? – Peter from Ottawa, Canada
Thanks for the kind words. Yes, I gave Casino Life permission to use my material. I’m happy they gave me a good plug. No, they didn’t pay me. I also have never been paid for my appearances on the Travel Channel here in the United States. I do it for the fun and the publicity.
August 24, 2006
I am continued to be amazed at the number of personal relationship questions your readers ask. Your answers are spot-on, as far as I am concerned, but does it surprise you that you have become a modern-day "Dear Abby"? Maybe there is a correlation between solving complicated math problems and solving complicated matters of the heart?? In any case, keep up the good work. - Scott from Pittsburgh
Thanks for your vote of confidence. According to my count I only received four such questions in the first 134 columns. However starting in August 2005 they flooded in, partly because my webmaster, Michael Bluejay got us the #1 rank in Google for a search on "Is my boyfriend cheating on me". We have since dropped to #2. To answer your question, yes, there is a connection. I take a cold calculating look at both casino games and life. When I give advice in either venue it is based on what I think will make the asker happier in the long run.
March 27, 2006
You have made it known that you use card counting in casinos. Why do casinos let you still play in their casinos? - Jason from Boston
I was recognized in Reno when counting once. Although, it may have been the dealer who knew me personally and tattled. It is a long and bizarre story. Aside from that, I don't play often, nor for high stakes, so the threat I pose is fairly small and not worth the fuss of memorizing another face.
Dec. 26, 2005
I read about how your Ties Win Blackjack is on field
trial in Laughlin, Nevada. What kind of permit is required
and how much did it cost?
A new game trial period permit was required.
This is opposed to a "variation" permit, which is less
expensive. For a new game the cost is $3,000, I had to
fill out lots of forms, including an employment and
residence history going back 20 years. The waiting time
was six months, which was shorter than what I was
expecting. March 10,
2005
Thank you for the education! I appreciate it. One
thing you must get asked a lot, but is absent from your site
is... How much have you made from gambling? With such a
life's dedication, has it paid off? Or is there still an
edge to the house, even with your experience and knowledge?
Or do you make money but your winnings are still not enough
to produce a significant cash flow (i.e. enough to happily
live on)? Further, if you had all the money you desired,
would you still teach, consult and educate? Thank you! -
Kelly B.
I spend a lot of time analyzing bets and do okay
at it but it isn't enough to live on. Last year for
example, bets I made won $26,843.14. However, I lost
$9,491.50 backing other gamblers where I thought I had an
advantage. I'm working on increasing my bankroll and conducting more
research in profitable areas in the hopes of making gambling
a greater portion of my income in years to come. It
should be emphasized that gaining an edge over the casino
is possible but requires a lot of hard work for fairly
small advantages. Assuming I do reach the day where I can
live off of gambling, I still plan to keep the website
going and teach my casino math class at UNLV.
However, I'm trying to phase out of consulting and hope to
give that up completely as soon as other income replaces
it. Jan. 23, 2005
Love your site, thanks for all the work you put into
it. I try to click some ads every now and then though I
don't gamble online.
(I'm going to let my ad-man, Michael Bluejay
answer this one.)
Thanks for trying to help us out but save your
clicking, because it just wastes your time and doesn't
help us any. Our advertisers pay us a
flat rate per month so we get the same amount of
money whether you click or not. But even if we did get
paid on a per-click basis, we still wouldn't ask you to
click on ads gratuitously, because that wouldn't be fair
to the advertisers. Advertisers who pay for clicks are
expecting to get business from those clicks, and it hurts
them when people click with no intention of buying.
Wherever you are on the Internet, if you know the
advertiser is paying by the click, then it's kind of mean
to click their ad if you know you're not really
interested in checking out what they have to offer.
We're unusual in that we charge advertisers by the
month. On most other websites the site owners are part of
affiliate programs, where the site owner gets a
percentage (35% or so) of what the players lose, after
they click over and open an account. It's actually of
questionable legality for U.S. webmasters to run ads as
an affiliate, which is one reason we don't. Another
reason is that our players tend to be a little more
educated and less likely to lose, which would cut into
our affiliate commissions. So the main reason we don't do
affiliate programs is that we don't have to -- as one of
the premier gambling sites on the net, we're able to sell
ads on our own terms because so many online casinos fall
all over themselves trying to pay us for some of our
limited adspace. It's good to be on top. :)
Oct. 17, 2004
In one of your old columns, you mention a manuscript
for a book that you wrote, that you were unable to publish.
What was the book about? Is the manuscript available
anywhere? I'm curious because about 20 years ago, I wrote a
draft of my own book about odds and gambling, a sort of
condensed and simplified version of Allan Wilson's book. I
wrote to Stanford Wong, asking him if he would look at my
manuscript. He replied yes, but he would have recommend that
I not bother to write the book in the first place. There
were already too many gambling books. So I gave up on the
idea of trying to publish my book.
Yes, I wrote a gambling book manuscript four
years ago. I shopped it around and only Huntington Press
agreed to publish it. However, after three years and four
revisions it still isn't out. There is already
a glut of gambling books on the market so I agree with
Stanford to not waste your time. Since I wrote my
original manuscript I have learned that the name of the
author is much more important to selling books than the
content of the book itself. A no-name has almost no hope
of publish a book on gambling, or anything. If you want
to publish a book you should do something else to become
famous first. Oct. 9,
2004
[Update: The Wizard's book Gambling
102 was published in Spring 2005.]
I would like to know if you put your real name,
address, phone number, date of birth when you sign up in
online casinos.
Yes, to all of those things. If some of the
shadier casinos find you provided false information, they
will use it as an excuse not to pay you. Besides, these
pieces of information are not that hard to come by for
someone looking to abuse or steal your identity. Recently,
Crazy Vegas casino asked for my Social Security number,
which I thought was going too far. I gave them a phony
one. When asked for my mother's maiden name, by anyone, I
give the name of my cat.
September 7, 2004
Since you seem to be driven by house advantage, do you
actually play for fun anywhere (whether floor games,
machines or poker), or do you only do blackjack counting
and/or video poker with progressives over a target amount?
Or do you not actually play at all? I think a lot of your
readers would be interested in that, but you may not want
your hosts to know!
The only time I might play for fun is if I am
entertaining somebody visiting Vegas and am just out
gambling with them. Otherwise I always look for an edge.
I also play new games sometimes just to ensure that I
understand the rules correctly. I don't want to give away
all my secrets but card counting and positive expectation
video poker are definitely two games in my bag of tricks.
July 28, 2004
In general, how much time do you actually spend in
casinos? Of that, watching/observing (as in your recently
disclosed craps
experiment) versus playing?
It varies a lot but not very much, to be honest
with you. Some weeks I spend a lot of time and others weeks I spend none at
all. However, if forced to give an average, I'll say 2
hours a week. About 90% of that is actually playing.
Rarely do I just observe. In fact, for the dice setting
experiment I was betting too, hoping the dice setters
would win me some money. July
28, 2004
Do you have any new TV appearances soon? I seem to
recall something about a blackjack team, so I'm wondering if
it is next week's show. (As an aside, American Casino on TLC
is much much better than The Casino on Fox! Gambling and
T&A don't mix, in my book).
Yes, I'm going to be on an upcoming episode of
The Casino. I do not know the air date. In the show I
serve as an advisor to some college students on how to
parlay $1,000 into $5,000. About American Casino, I agree,
it is a better show. July 28,
2004
Boxers or briefs?
Briefs. March 6,
2004
Many senior managers in casinos today have an
educational background similar to yourself rather than
coming up through the gaming floor. I was just wondering if,
with your interest in gaming you had ever considered going
to the dark side and making a move into casino
management.
I'm tired of professional gamblers referring to
those who work in or for casinos as the "dark side."
Casinos provide thousands of jobs across the country,
revenue to government, and a source of entertainment to
millions. I don't remember the source, but I read that
something like 90% of visitors to Las Vegas leave with a
gambling loss, yet 95% leave happy. The other side is
quick to argue that casinos contribute to the problem of
compulsive gambling. Yes, there are some compulsive
gamblers who abuse what should be done in moderation.
However, I believe that the majority should not be denied
the opportunity to place a bet because of the problems of
a minority. In other words, I believe that the benefits
that come from legalized gambling far exceed the costs.
I fully admit I consult for casinos and gaming
businesses. I have to because this site doesn't make
enough money to support my family. My bankroll is not
large enough to make a living as a professional gambler.
However, I make no apologies for what I do. To answer your
question, yes, if the right offer came along I would
consider employment in casino management.
Feb. 13, 2004
I enjoy your site a great deal. This morning I was
reading your reviews of online
casinos and your experiences with them and it
seemed you inevitably lost everything on your deposits. I
found this discouraging. Then I saw that you requested
donations and now understand why you do so!
Since I started gambling on the Internet four
years ago I am up about $20,000, about half of which is
thanks to the Golden Palace. What you're seeing in my
reviews is just my most recent experiences, and like
everyone else, sometimes I lose for a month or two.
However, I just won $786 at Casino.net
and $2,317 at Casino Kingdom. So I don't ask for donations
to subsidize a losing gambling habit. Donations simply
help me to keep offering this site to the public for
free. In fact, I receive the donations via
PayPal which I then usually use to buy things on eBay.
[Update: Nov. 2003: The site now brings in enough
advertising revenue that I've taken the donation link
down.] Oct. 15,
2003
What was the most money you ever won after walking
away from a blackjack game? - Joseph from Shelton,
Connecticut
I think about $800. I'm not a very big bettor. I
once lost more than that chasing a 2 to 1 blackjack
promotion at an Internet casino.
Nov. 28, 2002
Do you sell t-shirts? - Dennis
No. I have thought about it but I'm afraid that
if I ordered a large quantity I would get stuck with most
of them. Mar. 24,
2002
Are you going to tell us when you will be on the
travel channel? - Gil from Saint Petersburg
I plan to tell my newsletter readers. However,
since you ask, it should air sometime in April or May in a
show titled something like "The Top Ten Ways to Win."
I've been interviewed on radio and television before and
I can never stand to watch or listen to myself afterward.
I always feel I could have done better. So I don't plan
to make a big fuss over it. Dec.
4, 2001
Very interesting site. Do you produce your income as a
gambler? Have you looked at the probabilities in stock index
futures trading? - Randy of Aurora,
Illinois
I am tempted to learn more about futures trading
but for now I simply don't have the time. My income comes
from both advertising revenue on this site and consulting
fees on the analysis of new casino games.
Nov. 4, 2000
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