Posted on 18th Jun, 2009
The name Stanford Wong is synonymous with winning blackjack — literally. The term “wonging” refers to a point count technique that is crucial to the success of many blackjack teams and that Wong himself popularized. Wong is famous in blackjack circles for his books on winning blackjack techniques.Stanford Wong’s true name is John Ferguson. Wong is a nom de plume created for his series of blackjack books that still sell today. The name is taken from the school where he got his degree and a desire to capitalize on the common perception that Asians are highly experienced with cards and gambling. Stanford Wong is known for creating one of the first “Blackjack.Wonging refers to Stanford Wong’s technique of country without actually sitting in the game. Wong would stand nearby, observing the count, then step in when the count was high without having had to risk any of his own money. Blackjack card counting squads like the MIT blackjack team built on this concept by designating certain players to sit and play at low stakes to generate a high count, then surreptitiously signaling a confederate who would step in and start wagering large amounts when the deck was favorable.
The Gambler’s Fallacy simply states that the outcome of each individual trial of an event is independent of previous outcomes. For example the odds of flipping a coin so that it comes up heads 20 times in a row, assuming the coin is fair, are extremely long, longer than one in a million. Therefore, if you have flipped a coin and it has come up 19 times in a row, you may be eager to lay very high odds against the next flip coming up heads.
However, to do so would be a mistake. Once the 19 heads have already been flipped, the odds of the next flip coming up heads is one in two, just like every flip before it. The coin has no memory of what has gone before. Believing a certain outcome is “due” because it has not appeared in a statistically unlikely amount of time is the Gambler’s Fallacy.
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Posted on 7th Jun, 2009
When you play online casino games, it’s important to be aware of the online bonus. An online bonus is a casino promotion that allows you to earn extra cash in your casino account. You can get bonuses in a number of different ways, provided you have the right bonus code. You can find bonus codes in casino magazines and on gaming websites.The most well known type of bonus is the sign-up bonus, which you earn by inputting a bonus code with your first deposit on a new casino site. These bonuses are generally match bonuses, in which some percentage of your initial deposit is added to your account.
For continuing to play on a particular site, you may receive a loyalty bonus. These also tend to be match bonuses, but usually for less than the sign-up bonus. You may also get a referral bonus for getting someone else to sign up. These are usually flat amounts, rather than amounts based on a deposit.To get your bonus, you will have to clear it by putting a certain amount of money in play. One structure for clearing bonus may be deposit multiple. This means you will have to play a certain multiple of your deposit, usually at least 10x, before your bonus clears. You don’t have to lose that much, just put that much in play.
Another structure may be a bonus multiple. This is the same idea except bonus determines the wagering requirement, rather than the deposit. You may also be facing a combination in which you must wager a multiple of the bonus plus the deposit.If you play online poker, your bonus-clearing requirement will be based on how many raked hands or tournaments you play. This is how the online casino makes money from poker. Again, the number of raked hands will represent some multiple of your deposit.
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Posted on 6th Jun, 2009
Casinos that have a number of different gaming avenues tend to be safer. Having multiple revenue streams, giving them more incentive to stay honest and making it more likely that they will stay profitable. For example, BodogLife.com has BodogPoker, BodogCasino and Bodog Sportsbook.
If you’re not sure about how safe a casino is, try doing some online research to see what others say. Be careful of casinos that have outrageously high bonus offers or that have only been around a few weeks. In the end, if you’re not comfortable with a certain casino, don’t use it. There are plenty of other options out there.Casinos on the Internet are a tempting option, but some people may be reluctant to entrust their money to such an online entity. While transmitting money online can have its dangers, there are ways to verify to some extent that you are dealing with a safe casino.There are some groups dedicated to making sure online casinos are safe. If a casino is verified by such a group there will be a link to them on the website of the safe Casino. Such groups include the Kahnawake Gaming Commission and the Interactive Gaming Council.Because Zender worked as a casino operations director, a gaming control agent and a casino consultant, he is able to present strategies and ideas for blackjack and Pai Gow players from the casino’s perspective. This offers players an insight they would not normally get from an expert outsider. Zender also offers insight to casino personnel regarding how to spot cheat in their casinos.
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