Translate

How To Count Cards In Blackjack and Win at Blackjack

In this video, we will teach you how to count cards in Blackjack, and how to win at Blackjack! Here are some Blackjack tips and Blackjack 1...

Friday, October 17, 2014

Pick 3 Combinations Chart (Singles, Doubles, Triples)

In any Pick 3 game, there are 3 digit positions, with each position containing a digit from 0 to 9.  If one were to list all of the possible combinations of digits in each of the three positions, there would be a total of 1,000 different number combinations.  Each of these 1,000 possibilities is called a straight combination.  Thus, if you were to place one straight Pick 3 wager, your odds of winning would be 1 in 1,000.
However, another way to wager in Pick 3 is called a box wager, in which you can win if your combination matches the 3 digits drawn in any order.  If you wager on 123 boxed, you would win if any of the following combinations were drawn: 123, 132, 213, 312, 231, or 321.  If one were to list all of the unique box combinations in the Pick 3 game, there would be a total of 220 different number combinations.
The odds of winning a box wager are not a simple calculation like it is for a straight wager.  The odds depend on the number of unique digits in the combination, because that affects how many possible combinations can be matched.  In the Pick 3 game, there are three different types of box combinations:
  • Single (6-way): Each of the three positions has a different digit.  For example, 123.  Each combination of this type has 6 different box combinations, so your odds of winning by playing one "single" box combination would be approximately 1 in 167.
  • Double (3-way): Two of the three positions have the same digit, and the third digit is different.  For example, 112.  Each combination of this type has 3 different box combinations, so your odds of winning by playing one "double" box combination would be approximately 1 in 333.
  • Triple: Each of the three positions has the same digit.  For example, 111.  Because each triple is unique, your odds of winning by playing one "triple" combination would be 1 in 1,000 — the same odds as playing a straight.  (A triple is also known as a straight, in fact.)
Below you can find a listing of all the single, double, and triple combinations presented in two ways:  first, as a listing of all straight combinations, and second, as a listing of the unique box combinations.  The triples are only presented once, since they are all unique to start with.

Money Management Advice

I get asked a lot about Money Management in gambling. It is not a topic I address often, because money management is just mathematical voodoo. What you can expect to lose gambling is the product of the total amount you bet and the house edge. It does not make any difference how you break up your total amount bet. Given the same game, the expected loss is the same making a million bets of $1 and one bet of $1,000,000.
While money management does not change expected loss, given the same game and total amount bet, it can affect variance. Here are some money management strategies, according to what your goal is.
Player 1 plays for the social aspect of gambling, not so much to win. He prefers to bet conservatively, minimizing his risk of losing, while at the lost of likely not winning either. This player should flat bet. In other words, his wagers should be the same every bet, or close to it.
Player 2 is a risk seeker who wishes to either win a lot or lose a little. Of course, with a high winning marker, and low losing marker, it is more likely to achieve the losing one. The appropriate strategy for player 2 is to press his luck after wins, letting them ride. Most of the time the player will hit a loss before reaching his winning goal, but sometimes hit a good run and parlay his wins to whatever makes him happy.
Player 3 is a small win seeker, at the expense of the chance of a large loss. There are many betting systems that cater to this goal, but they all press bets after losing, until there is a win. Often this player will leave the casino happy for reaching his modest winning goal, but the occasional large losses will take back all the small wins, and more.
Judging by the ratio of expected loss to total amount bet, all betting strategies and money management systems are equally worthless. How much you bet and why should depend on the reason you are playing in the first place. Whatever form of money management you choose, once a bet is made you should always follow the best mathematical play. Finally, never pay for a betting strategy. As mentioned, they are all equally worthless, so you may as well use one of the free ones easily found on the Internet.

Tuesday, October 14, 2014

S.C. Lottery to honor 2 sets of Pick 3 numbers


Oct 12, 2014

COLUMBIA, S.C. — The South Carolina Lottery says it will honor two sets of Evening Pick 3 numbers for Tuesday night's drawing.
One set of numbers (3-6-4) was certified by an independent auditor, while another set (3-6-7) was drawn during the evening Pick 3 drawing.
Players holding Pick 3 tickets bearing the numbers 3-6-7 for the Tuesday, October 7 evening draw must take or mail their tickets to the Columbia Claims Center for processing and prize payment. Sign the ticket back and complete the required information if mailing a ticket. Lottery retailers will not be able to pay on Pick 3 tickets bearing the number 3-6-7.
Payouts for 3-6-4 may be claimed as a player would do for any winning ticket.
"The Lottery is a transparent organization. These are our loyal players, and we honor our mistakes," the Lottery's Executive Director Paula Harper Bethea said. "Our players expect nothing less, and we are going to pay both sets of numbers.