Author Archives: ChipCat
How to Calculate Probabilities at the Roulette Table
Roulette Probabilities and the Maths behind them
Although the rules for roulette tables are designed in such a way that the bank makes money in the long run, it must be said that roulette is a pretty fair game. If you play with only small amounts...
Blackjack – An Introduction to Card Counting
Blackjack, also called ‘21’, is certainly the most popular casino game next to roulette. Blackjack has always attracted mathematicians and gamblers because it was or still is, actually possible to beat the house.
Image: mik38 (Shutterstock)
In...
Online Gamers Find Entertainment in Betting and Gambling
Most people use ‘betting’ and ‘gambling’ as synonyms, but they are not interchangeable. Online gambling sites capitalize from both types of risk-taking. Similarly, hard-core gamers are being entertained whether they choose...
One Man doesn’t make an Army – Wizard of Odds sells for $2.35 Mio
Following the September 2014 sale of his business, Wizard of Odds, for a cool $2.35 Mio, there is no doubt that Michael Shackleford has talent in spades. However, a particularly unique skills set doesn’t necessarily guarantee success.
Before...
Using Poker Odds Calculators and Moving Beyond Psychology
Being a success at the poker table takes a dash of luck, a smattering of psychology and a solid understanding of statistics.
Since the growth of online poker caused the average IQ of poker players to increase dramatically it has become even...
