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The Challenges of Match Play
Match play has been around for years as a staple of marketing used to attract table game play. Nevertheless, there are still a number of misunderstandings and misconceptions about its value, its use,...
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Revel 100% Loss Rebate Promotion
No doubt you’ve been paying attention to the oddity that is the Revel casino in Atlantic City. In its brief casino-life, they have repeatedly re-branded themselves, making 180-degree turns in their...
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Loss Rebate Theorem Excel Spread Sheet
I created an Excel spread sheet that computes the optimal stopping point for a loss rebate advantage play opportunity using the Loss Rebate Theorem (LRT). You can download it free of charge (and at...
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The Second Loss Rebate Theorem
Loss rebate analysis has been a common topic in this blog. There’s a good reason: it is one of the top advantage play opportunities worldwide. Exploiting loss rebates is how Don Johnson crushed...
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The Third Loss Rebate Theorem
I thought I had completed my work on loss rebates when I published the First Loss Rebate Theorem (LRT1) in this post. Then my dog gave me a good idea on how to get a closed form for the quit-win …...
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Don Johnson: How He Did It
The “Holy Rollers” were a Church-based blackjack card counting team operating out of the Pacific Northwest. Recently, a documentary was released describing their remarkable success. A few weeks back,...
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The Mathematics of Baccarat Non-Negotiable Chip Programs
While much of the U.S. market shuns baccarat, it is the number one game internationally. The size of the wagers players make is stunning to watch. In Macau, for example, it is difficult to find a table...
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Announcing my new book: “Advanced Advantage Play”
You may have wondered why I haven’t posted on APHeat! since December of last year. The answer is that I’ve been writing a book. In fact, I’ve been writing that book for the last three years — in the...
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A Baccarat Promotion Designed for Advantage Players
Recently I became aware of a very unusual baccarat promotion when details about it were posted on the Wizard of Vegas website (see this thread). What was especially odd was that the post was made by a...
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Loss Rebate Theorem Spreadsheet with Risk of Ruin
The following spreadsheet extends the previous loss rebate theorem Excel spreadsheet (see this post) to include the risk of ruin (ROR): Loss_Rebate_Theorem_Full_Solution_ROR I’ve also added a table...
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