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Cousin Vito's Casino Podcast

This is a show by gamblers for gamblers. Listen to learn helpful hints, tips, and tricks to maximizing your fun when wagering at the casino! Hear advice from gambling authors, casino staff, and fellow listeners!
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Cousin Vito's Casino Podcast
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Now displaying: July, 2016
Jul 28, 2016

E:9 25 Gambling Tips from a 30 Year Gambler

  • Visit www.cousinvitoscasino.com
  • Call the show! 1 (747)Casino-1 - 1 747-227-4661
  • Contact the show at CousinVito@gmail.com
  • Please Subscribe, Rate, Review on iTunes and Stitcher! It really helps! 
  • Check out the New CVCP T-shirt available for purchase at the website 

Opening Monologue

  • Britney Spears in Atlantic City! Nope @ACWeekly tricked me. “Starting Saturday, Britney Spears will be at @harrahsresport…or at least her look alike.” 
  • My Twitter Photoshop falls flat. @realkidpoker @texdolly @themouthmatusow
  • Trouble at the Taj Mahal Update! Local congressional member are joining the strike! 

Guilty Pleasures - KENO

  • I wanted to do name the episode after KENO, but the odds are go bad that there really isn’t much to talk about. 
  • Quick terminology rundown; 
  • “The probability of a player hitting all 20 numbers on a 20 spot ticket is approximately 1 in 3.5 quintillion - WIKI
  • Racehorse Keno - “Keno was introduced into the United States in the mid-1800s by Chinese immigrants who came over to work on the railway lines. In order to attract more US players to the game, the Chinese characters were replaced by numbers. Draws in keno are often referred to as “races” in reference to the fact that keno became known as “racehorse keno” and was considered to be a lottery at a time when gambling games were outlawed in the US.” - onlinebetting.com and kenodo.net
  • Why would I play such a horrible game? 
  • Use the Keno odds calculator @ wizardofodds.com

25 Tips from a 30 year Gambler!

  • 25 Tips from John Gollehon’s book WHAT CASINOS DON’T WANT YOU TO KNOW. 
Jul 22, 2016

E:8 Understanding House Edge 101

  • Visit www.cousinvitoscasino.com
  • Contact the show at CousinVito@gmail.com
  • Please Subscribe, Rate, Review on iTunes and Stitcher! It really helps! 

Opening Monologue

  • Trump Taj Mahal inAtlantic City update!
  • Presidential Election Betting - “Other” Dropped from +2500 to +1200 in a month! Gary Johnson is polling at 13%, if he reaches 15% he can make it on the televised Presidential Debates. Cousin Vito’s Twitter discourse with Poker player Daniel Negreanu
  • Summer Trip Planning Talk - Cousin Vito decided on staying in Baltimore and choose the Horseshoe Casino (100x odds in Craps!)over Maryland Live, thanks to viewer input. Also, Cousin Vito may NOT visit the Big M Casino in Myrtle Beach after reading reviews! 
  • Vegas Bright Podcast Shout out! www.vegasbright.com  A frequently updated blog and great podcast!
  • neonvacation.com Shout out! An interesting site in the making! 

Podcasters Talking Podcasting

  • The Edge with Mark Thompson - Secrets of a Casino SuperHost
  • http://www.edge-show.com
  • Whale Hunting In The Desert: The Secret of a Las Vegas Super Host Steve Cyr (Sear)
  • Average Whales these days is 100-250k. Asian customers still come with 500k-1M and they expect huge discount losses and higher limits. Lots of negotiating very Jerry Maguire style. 
  • Average players used to be over 60, now they are under 45.
  • Great stories about being Larry Flynt from Hustler host. 
  • Born in a barn in Kansas to Vegas SuperHost!
  • If there is one suite left who gets it? The foolish reckless roulette player or the blackjack strategist?
  • This interview contains many great stories from starting out by raiding the Caesars Palace dumpsters for tips to enticing people with sky villas! 
  • Slot Whales??? $500 Video Poker? 400k Royal! 
  • So, much more in the interview itself! Seek out this podcast! 
  • Click the link on CousinVitosCasino.com to buy the book on Amazon for under $2!

Understanding House Edge 101

  • In short, what is the House Edge. How do I find it? What does it mean? 
  • House edge is accomplished different ways for different games. 
  • “The house edge is the percentage of money that the player can expect to lose on each bet, averaged over the long term. The payback is the percentage of money the player can expect to get back from each bet, averaged over the long term. If the payback rate is less then 100%, as it is in all commercial gambling, it means that on average the player will lose money. The house edge and the payback add up to 100%. In American roulette the payback percentage is 94.7% and the house edge is 5.3% (94.7 + 5.3 = 100%).” *
  • Comparisons on Hands per Hour v. House Edge for Casino Comp Purposes **
  • Frequent Players v. Infrequent Players ***
  • How does betting progression effect your bankroll and volatility ****
  • Here are some great links on the subject…
  • * https://www.problemgambling.ca/EN/ResourcesForProfessionals/Pages/GamblingandtheHouseAdvantage.aspx
  • ** http://wizardsofodds.com/gambling/house-edge/
  • *** http://crapspoopshoot.blogspot.com/2016/06/straight-talk-about-house-edge.html
  • **** http://www.americancasinoguide.com/general-casino-gambling/volatility-in-casino-games.html
Jul 14, 2016

Episode #7 Trouble at the Taj and Super Caesars Palace

Opening Monologue

  • Shout out to my 100th follower @tabbernak
  • An answer to @Tabbernak’s Twitter question of “Playing the don't side in craps has a lower house edge, but is it worth it to be a jerk that bets against the team?”
  • Summer Trip Planning Talk - Which Maryland/Delaware Casino? Starting in Myrtle Beach @ Big M Casino. Let’s try and find out where to stay next! 
  • Tales of an interesting Scratch Ticket Lottery battle! 
  • Possible Audio Blog Special early next week about the show and other housekeeping topics. 

Trouble at the Trump Taj Mahal!

 - Trump Taj Mahal Casino Resort issued a strongly-worded ultimatum to Unite Here Local 54 on Wednesday as striking workers took their fight to Carl Icahn’s Manhattan office.“We want to be clear - once this offer expires, it’s gone,” reads the two-page letter telling the union it has until Monday at 5 p.m. to accept an offer on the table. Nearly 1,000 Local 54 members at Trump Taj Mahal have been on strike since July 1. The union represents bartenders, servers, porters and other hospitality workers.

  • Union’s Take -Restoring health benefits has been a sticking point for Taj Mahal workers for nearly two years, after a federal judge allowed the casino to end health and pension payments in bankruptcy. “These workers want to know why it is okay for Trop workers to be able to go to the doctor, but not them,” union President Bob McDevitt said in a statement.
  • Management’s Take - In the letter Tony Rodio, Tropicana's president and CEO and manager at the Taj Mahal blamed the union leadership for their handling of the negotiations. “You are striking because your leadership is intent on squeezing blood from a stone,” Rodio wrote. “Although the Taj loses millions and millions of dollars, your leadership expects it to provide the same type of benefits provided to a profitable properties such as the Borgata. It makes no sense.”
  • That DIDN’T Stop Erendira Wallenda from breaking the work record for longest ariel stunt. That basically meant she would hang from a helicopter for more than 10 miles. She did it! Tonight live at the Tag Mahal in Atlantic City everyone can feast their eyes on the world record helicopter hanger and her husband Nik Wallenda as they put on a show called Zurkus! 
  • Credit to Press of Atlantic City - http://www.pressofatlanticcity.com/news/taj-ownership-local-has-until-monday-to-accept-offer/article_5f9f8f9a-4932-11e6-b0de-8fca3e68aca4.html

Super Caesars Palace

 - “The object is to win lots of money starting with $2000 that the player takes to the casino. After playing, the player leaves in either a limo, a Greyhound bus or in a taxi. The game even informs the player of his or her slow play. A warning pops up on the screen and if it is unheeded, then the player is forced to do a certain action against his or her will. When the player finally leaves the casino using the transportation offer to him or her, the credits appear as road signs along the desert highway and the player has to restart his or her game. Games include blackjack, slot machines, roulette, horse racing, Keno, video poker, and Red Dog.” - WIKIPEDIA

  • Play for FREE at http://www.playretrogames.com/2070-super-caesars-palace
  • Cousin Vito looked up reviews and he was SHOCKED at how much people hated one of his favorite games! 
  • The real object of the game was to get into the High Rollers areas. While anti climactic and unfulfilling it was onto something
  • Released on the Sega Genesis and Super Nintendo

SHOUT OUTS! Roman philosopher Seneca has a few words…

Jul 8, 2016

Episode #6 Craps Talk - 3 Point Molly Trials

Opening Monologue

 - Fourth of July

 - Atlantic City Update

Podcasters talking Podcasts

 - Food Non-Fiction #35 - The Business of Casino Food

 - “This is the story of how Las Vegas became a destination market for gambling. How the nature of destination markets created competition amongst the many casinos. How casino food amenities were used as a competitive tool, and how casino restaurants have changed overtime from Buffet to gourmet

 - Gambling Legalization, Resorts of the 40’s, Originally Cheap/Free food as a draw to gamble or loss leaders, Food keeps people gambling longer so the house can keep its edge, Buckaroo Buffet was $1, Several good quick interviews that are farmed nicely. Great information for anybody curious about how/why casino dining is the way it is today. 

What is the 3 Point Molly in Craps 

 -How do I play this system?

 -How much does it cost?

 -Exclusive Results from Cousin Vito’s 3 Point Molly trials from his future book

 -Download to get the details on original craps betting trials and book Cousin Vito has been working on! 

Golden States Warriors or The Field?

 - With Kevin Durant are they unbeatable?

 - Warriors -125 or ANYBODY ELSE +225

Thanks to VegasFanBoy.com youcanbetonthat.com and FacesandacesLV.com for that awesome shout! 

Luck is what Happens when preparation meets opportunity. Roman Philosopher Seneca

 

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