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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.
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 2012 SHFL obtained the license to distribute Geoff Hall's blackjack variant, Free Bet Blackjack, worldwide excluding the UK and Nevada. [12] At the Global Gaming Expo conference in October 2012, SHFL debuted Mulligan Poker, a game developed by Michael Shackleford and currently only offered online by casinos using IGT software. The game was ...
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Wizard of Odds may refer to: Michael Shackleford (born 1965), expert on the math behind casino games; Donald Angelini (1926–2000), Chicago gambling mobster;
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.
Wizard of Odds - Casino War Strategy and Odds This page was last edited on 4 March 2025, at 03:53 (UTC). Text is available under the Creative ...
A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit.To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [1]