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North Valley Today
September Edition 2003
A division of the
Daily
News
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Chatsworth |
Porter
Ranch |
Northridge |
Granada
Hills |
The
Business of Gambling
Story
by Ryon Harms, staff writer
Casinos across the globe don’t
grow to Vegas-esque proportions by losing.
The house always has the odds
in their favor, as they have an unquenchable cash flow,
a luxury most of
us can dream about. Actually, it is that dream that casinos sell
to the
millions of gamblers who visit places like “Lost Wages” annually.
If you have ever gambled, you have undoubtedly come across
“professional gamblers,”
otherwise known as drunken-quacks, who
bumptiously share their “fool proof” plan
on how to beat the house,
digging into their pockets for “one last” $20.
On the other hand,
some stick to their guns when describing their system
of evening the
odds with the house, and even manage to provide
the only true evidence,
turning a profit.
Woodland Hills resident and
self-proclaimed “Craps Coach” Meyer Bendavid
has been rolling the
dice for over 30 years and claims to have surmounted
a winning record of
about 83 percent, while most pros only come out even.
The difference,
Bendavid claims, is that he looks at craps not as entertainment,
but as
a business. After all, there is cash involved
as well as percentages and
trends to consider.
Bendavid pointed out that the
casinos use the obstreperous slot machines
as distractions, along with
the scanty, colorful outfits worn by the
pleasing cocktail waitresses to
lower your edge (a welcome distraction for most!).
It is important,
according to Bendavid, to clear your mind of these duplicities
and
concentrate on the business at hand,
keeping your eyes peeled to the
dice and your own rack.
For $18, Bendavid provides
graphs, charts and precise calculations
to up your potential for
increased flow. His work room is in Van Nuys.
The basic odds to keep in
mind are the probability of a certain number being rolled:
There is only
one way that a 12 or a two can be rolled;
two ways for a three or an 11
to be rolled; three ways for a four or 10 to come up;
four ways for a
five or nine; five ways for a six or eight.
Finally, “Big Red,” as
it is known to craps enthusiast,
a seven can be rolled six ways, giving
it the highest chance
to come up over all other combinations.
“The thing you want to do is to
keep greed down, when you keep greed down
your chances of winning
dramatically increase,” said Bendavid.
Bendavid’s system, the “Hit
‘N Git,” relies on conservatively place bets,
strictly based on the
odds.
The first rule of “Hit ‘N Git”
is to chart the table conditions to
“determine the action of the dice
hitting the table.
It is important to determine the throwing method used
by different players,”
wrote Bendavid in an e-published article.
Once the dice have been charted,
using one of his home-made charts,
the player should use place betting
only after the point is established.
If the dominant number is say six,
then one should bet on six and eight,
as the numbers are diametrically
opposed
and share the same probability of being thrown.
Other rules of “Hit ‘N Git”
include: “if you get a hit within three rolls,
remove all bets and
wait for the seven out. If the shooter goes beyond six rolls,
cautiously
start placing bets again, but only on the dominant number.
Bendavid
points out that the seven should come out about every six throws,
but
typically comes up every 3.6 rolls.
“The question is, ‘How much
down can you take before you walk away
because it has been a losing
proposition?’
What’s different about teaching the game verses
following
what everyone else does, is following some common sense rules.
No. 1 is teaching people how to use place betting,
where they can place
cash and remove money.
“All the bets against the
casino are negative, in every game,” says Bendavid.
It seems as if the
house has a hopeless advantage over players,
but if you understand the
nature of the dice and their probabilities,
you may just even up the
odds and stack your rack.
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