Exploding Buffalo Surprise

news about Vegas & gambling
from
VegasReference.com

July 6, 2004

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Welcome to the first newsletter!

I was waiting until I got 100 subscribers before I put out the first newsletter, which is why some of you have been waiting for months. So welcome! I'll try to put out the newsletter monthly from now on.

Our 100th subscriber is passcare who wins, oh, I don't know, how about five bucks? Passcare, write to me to claim your prize. Now, I counted myself as the first subscriber, but some of you might think that I shouldn't count myself and that I should count only other people as real subscribers. If I did it that way then passcare would be our 99th subscriber and the 100th would be writezap. Oh, I can just see writezap pulling his/hair out right now! Well, tell you what writezap, if passcare doesn't claim his/her prize within one week, then it goes to you.

Oh, I guess I should also give a five-dollar prize to the first subscriber. That would be you, felipeii! Just write to me to claim your prize. The runner-up for this one is texasblondie.

So why is the newsletter called Exploding Buffalo Surprise? I dunno, can you think of a better name? Send me your ideas. If I like your idea and use it then maybe you'll win a prize.

Contest: Win $50 in free chips

So now the other 95 of you are probably steaming because you didn't win nothin'. Okay, okay, keep your pants on. Here's a contest that everyone can enter. Every month I'll pick a random winner who will get $50 in free chips at Casino.net. There's no catch at all -- this isn't a match bonus where you have to make a deposit, you get the free chips even if there's zero dollars in your account before you win. And with just over 100 subscribers to this newsletter your chances of winning are better than just about any other contest. Can you name another contest that gives you a better chance of winning? Didn't think so. Best of all, it's free to enter.

Here's how to enter:

  1. Sign up for a free account at Casino.net if you don't already have one.
  2. Go to the blackjack table and take a picture of the screen.
  3. Send me the picture.

That's it! When I put out the next newsletter I'll pick someone to get the $50 in chips. It could be you.

Now you might be thinking, "Hey! I don't have a digital camera! How the heck do I take a picture of the screen?" Not to worry, Windows lets you take a picture of the screen just by pressing the Print Screen key on the keyboard. Bet you didn't know that, huh? From there just paste the picture into the Paint program, save as Monochrome, and email me the file. Here are detailed instructions if that went too fast for you.

Some quick rules: This contest is open to current newsletter subscribers only! That's a reward to all of you for being the first people to sign up -- the general public doesn't get a chance to win. One entry per person, void where prohibited, you must be old enough to gamble legally in your jurisdiction, contest may be discontinued without notice, you disavow us of any liability, no purchase necessary, batteries not included.

What's new on the website: Exposing the Gambler's Fallacy

Let's say you're watching a roulette game, and red has just come up nine times in a row! Should you bet on red or black? The answer is that it doesn't matter -- each is equally likely. Many people think that black is more likely because it's "due", but it's not. No event is ever due. Read our new article to see why: Exposing the Gambler's Fallacy

Online Casino News: NetGaming cheats in free-play mode

Most online casinos have a free-play mode where you can try their games to see if you like them. At reputable casinos the free-play games work just like the pay-to-play games. But sleazy casinos let you win in free-play mode to sucker you into playing for real money. One such casino is NetGaming which was recently busted by the Wizard of Odds for rigging its free-play games. NetGaming uses Elka System / Oyster Gaming software so the Wizard (and we) recommend you avoid those casinos as well.

Not to beat a dead horse, but this is why we've recommended Casino.net for years -- they're reputable and 100% scandal-free. I'll be honest, I don't have time to personally evaluate each of the hundreds of casinos on the net and determine whether they're decent and fair. Instead I just spent some time finding a really excellent, honest casino, and that's the one I recommend.

Gambling News: Jennifer Lopez' mom wins jackpot in Las Vegas

Is there anything more annoying than an already-rich person winning a jackpot? That's what happened in April, when Jennifer Lopez' mom hit a $2.4 million jackpot on a Wheel of Fortune slot machine at the Borgata in Atlantic City. (more from EOnline)

In other gambling news, I was $62 at Casino.net today.

Vegas News: Brit bets life savings on one roulette spin

In April a Brit bet his $135,000 life savings on one roulette spin at the Plaza in downtown Las Vegas. This bet has a 47.4% chance of winning and a 52.6% chance of losing. Fortunately for him, he won. But it's still too bad he didn't seek better odds elsewhere. Single-zero roulette is available at the Bellagio, Mirage, Aladdin, and Paris, which makes the chances 48.6% to 51.4%. What's more, on those wheels you get half your bet back on even-money bets if the ball lands in zero, so he could have walked away with $67,500 even if he lost on zero. Or he could have played Baccarat which would have given him a 50.7% chance of winning, though he would have won only $128,000 after paying the 5% commission on winning banker bets. He also could have used our half-bankroll system and made two bets instead of one, cutting his risk in half. But whatever, he won, and everyone's happy for him. (more from MSNBC)

Fun site of the month: Send Brian to Vegas

Some guy named Brian started a website where people could send him donations so he can go to Vegas. Why? Because he wants to go to Vegas. Nothing special, he just figures that it can't hurt to ask. We have to admire his chutzpah, which is a Yiddish word meaning "website design skills". His thermometer bar shows various options for him depending on how much money he makes, with the pinnacle being "The Ultimate Trip -- Paris Las Vegas, fine dining, awesome clubs, lots of gambling!", and the lowest tier being "Crappy downtown motel, probably get murdered." So far he's raised $65.70. We sent a dollar. SendBrianToVegas.com

Advertiser of the month: LottoLuck

Let me get something out of the way first: I don't make any more money whether you play at LottoLuck or not. They pay me by the month rather than giving me a commission, so you can consider this review fairly unbiased. (Now, Casino.net is another story, since I get a commission from them. You should play there as much as possible.)

LottoLuck has two games: Megabucks, which is like a traditional lotto, and PickIt, which is like roulette on steroids. There's no software to download, the games play right in your browser, and load really fast. Megabucks even works with Mac browsers, but PickIt is Windows only. I made a deposit with NETeller and the process couldn't have been easier: I just clicked My Account, then Deposit, then entered in my NETeller ID's and the amount I wanted to deposit. That's it. Although LottoLuck accepts credit cards your bank almost certainly won't authorize the transaction, so don't waste your time trying.

Megabucks is like a traditional lottery. You pick six numbers and a bonus ball from 1-49. Each ticket can have 1-10 rows, and each row costs $1 to play. The balls are drawn every Friday. Match all six balls and you win $2 million. Match the bonus ball as well and you win another $3 million, for a total of $5 million. The odds of matching the six are 1 in 14 million and the odds of matching the six and the bonus ball are 1 in 600 million.

There are a couple of smaller jackpots, too. Match five numbers plus the bonus ball and win a portion of all the entries (currently a $42,477 prize), or match five balls without the bonus ball, which currently pays $1262.

PickIt is like roulette on speed. Or you can consider it a cross between roulette and keno. There's a grid of 30 numbers (1-30) arranged in 3 columns by 10 rows. Of these 30 numbers 10 are red, 10 are yellow, and 10 are blue. Six balls are drawn for every game, and new games happen every 60 seconds like clockwork. And check this out: everyone all over the world plays against the same set of balls, so you know the game is fair. (I got on the phone with a friend in a completely different time zone and we verified that we were both seeing the same exact balls being picked.)

You can bet on even/odd, colors, individual numbers, a range for the total of the numbers, and some other special bets. The minimum bet is a bank-breaking ten cents! Most of the bets return less than American roulette (which pays out 94.74%), but there are a few that pay better. For gambling newbies, return is the ratio of money won to money wagered. For example, in a game where the odds are that you'll win 90 cents for every $1.00 you bet on average, the return is 90%. Here's a summary of the best bets:

  • Color Bets. These bets return 90 to 93%, with the best one being Three of the Same Color.
  • Totals Bets. The totals bets return 90 to 95.24% with the best being 21-91 or 95-165. These are also very low risk bets since they're even-money bets, and your chances of winning are 1 in 2.1, so you'll win almost every other round. The biggest jackpot is 156-165 which pays out 6000x the bet, though it the return is only 90.94%.
  • Pick X Numbers. The best of these is Pick 1 at 95%, though Pick 2 and Pick 3 aren't far behind at 94.25 and 94.92% respectively.
  • Lotto. This play is for the progressive jackpot so the return depends on how high the meter is. At its current level ($989) the return is only 90.54%. At $1129 the return is 95%, and at $1285 the return is 100%. (That ought to happen within about two weeks.) But there's a trick to get better odds, by using European currency.

The Euro Connection. By betting in Euros you can get much better odds on the PickIt Lotto. Here's how it works: When you open a LottoLuck account you've actually opened two different accounts, one in U.S. dollars and one in Euros. Let's say you deposit $50, which goes into your U.S. account. Now you just go to My Account > Transfer Funds and you can transfer any portion of that $50 to your Euro account. (LottoLuck does the currency conversion for you automatically, of course.)

So why would you want to play on your Euro account? Because there are lots more players on the Euro side, and they push the jackpot up faster. Remember that $989 jackpot for the PickIt Lotto? On the Euro side it's EUR $1283. And at that level the return is 99.95%! That's a better return than blackjack, or any casino game for that matter. By the time you read this the return will likely be over 100%, if someone doesn't hit it first. And while it typically takes a few weeks for the jackpot to exceed 100% on the U.S. side, on the Euro side it happens every few days.

Summary. With the low minimums, the decent payouts, and the fact that there's a 60-second break between each game, it's possible to make your money last a really long time. In fact, if you had a $103 bankroll and wanted to use the Martingale betting system on 21-91 starting at a $0.10 bet, your chances of being ahead after one hour of play would be more than 94%. At most casinos you can't play the Martingale no matter how big your bankroll is because of low table limits, but Lotto Luck lets you bet between ten cents to $1000 a round. We've never seen a range this large at any other wagering site. Plus, PickIt is a lot of fun, and the graphics and user interface are outstanding.

LottoLuck at a glance

Popup windows

NO

Spam

NO

Games play in browser

YES

Biggest Jackpot

PickIt: $6000
MegaBucks: $5,000,000

Minimum Bet

PickIt: $0.10
Megabucks: $1.00

Maximum Bet

PickIt: $1000
Megabucks: $1.00

Minimum Deposit

$25.00

Games available

PickIt (cross between keno and roulette)
Megabucks (traditional lotto)

Mac compatible

Megabucks - Yes
PickIt - No

Fairness

Excellent. Easily verified with PickIt since everyone on the planet plays for the same set of balls.

How they could improve

PickIt: Use secure server for logins, increase payouts, have more midrange jackpots, allow auto-cancellation of series bet if jackpot is hit, show the total of all balls somewhere on the screen, allow player to repeat previous bets for a new game (rather than having to commit to playing X games into the future), add Macintosh compatibility. Megabucks: Add paytable to the "How to Play" section of the website.

Our grade

A-

Visit LottoLuck

 

That's it! See you next time.

 


We believe everything printed in this newsletter to be accurate but sometimes mistakes happen. We're not responsible for any errors or omissions. Any play you make is at your own risk -- that's why they call it gambling. :)

 

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