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Michael Shackleford (born May 23, 1965, in Pasadena, California, United States), also known as "The Wizard of Odds" (a title taken from Donald Angelini), [1] is an American mathematician and an actuary. He is best known for his professional analysis of the mathematics of the casino games.
Wizard of Odds may refer to: Michael Shackleford (born 1965), expert on the math behind casino games; Donald Angelini (1926–2000), Chicago gambling mobster;
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The Wizard of Odds is an American television game show hosted by Alex Trebek that aired on NBC from July 17,1973, to June 28, 1974, in which people from the studio audience vied in a number of rounds, primarily games revolving around statistical questions. [2]
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In the United States, 'table game' is the term used for games of chance such as blackjack, craps, roulette, and baccarat that are played against the casino and operated by one or more live croupiers, as opposed to those played on a mechanical device like a slot machine or against other players instead of the casino, such as standard poker.
In crapless craps, 2 and 12 have odds of 11:2 and have a house edge of 7.143% while 3 and 11 have odds of 11:4 with a house edge of 6.25%. [31] New York Craps is one of the variations of craps played mostly in the Eastern coast of the US, true to its name.
The concept of "controlled shooting" goes beyond simply "setting the dice" prior to shooting.It purports to limit the rotation of the dice during the roll. The theory is that if the dice are properly gripped and tossed at the correct angle they will land just before the back wall of the craps table, then gently touch the wall, greatly increasing the probability of their remaining on the same axis.