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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.
Three Card Poker is played as heads-up between the player's hand and the dealer's hand. After all ante wagers are placed, three cards are dealt to each player and the dealer. Players have a choice to either fold or continue in the game by placing a "play" wager equal to their ante.
Acey Deucey, [2] also known as In-Between, Sheets, Between the Sheets or Maverick, is a simple betting card game.Two cards are dealt to a player, who then bets on whether the rank of a third card will fall between those of the first two.
The Odds are defined as the ratio of the number of ways not to draw the hand, to the number of ways to draw it. In statistics, this is called odds against. For instance, with a royal flush, there are 4 ways to draw one, and 2,598,956 ways to draw something else, so the odds against drawing a royal flush are 2,598,956 : 4, or 649,739 : 1.
Wizard of Odds may refer to: Michael Shackleford (born 1965), expert on the math behind casino games; Donald Angelini (1926–2000), Chicago gambling mobster;
Pai gow poker (also called double-hand poker) is a version of pai gow that is played with playing cards, instead of traditional pai gow's Chinese dominoes. The game of pai gow poker was created in 1985 in the United States by Sam Torosian, owner of the Bell Card Club. [1] The game is played with a standard 52-card deck, plus a single joker.
One way to make money on the exchanges is "trading" - in the above example, the Jets might be a favorite decimal odds of 1.90 to defeat the Bills. If a "trader" thinks these odds too long he may bet $1000 on the Jets, and should he prove correct and the odds on the Jets get shorter, "lay off" by laying, say, a $1016 bet against the Jets at 1.87.
In 1973, Trebek moved to the United States and worked for NBC as host of a new game show, The Wizard of Odds. [23] A year later Trebek hosted the popular Merrill Heatter-Bob Quigley game show High Rollers, which had two incarnations on NBC (1974–76 and 1978–80) and an accompanying syndicated season (1975–76). [24]