The premier casino gaming consulting firm for two generations.
What is Gambatria?
It is a combination of Gambling and Gematria, which is a system whereby numerical values are assigned to letters and/or words. Gematria usually provides two meanings – the ‘revealed’ form which is the straight numerical equivalent of the word and the ‘mystical’ form generally associated with Kaballah (the mystical branch of Judaism that so engrossed Madonna!) This applies to gambling too. Parts of the math are quickly and easily revealed like the payback. Then there are the parts like the strategy and what to expect that take on a more ‘mystical’ flavor.
The company was founded by Lenny Frome, who revolutionized the casino by developing the first analyses and strategies for video poker. He also had a hand in developing many of the table games you see on the casino floor. Working hand in hand with inventors by refining the math and strategy, Lenny assisted in the creation of Three Card Poker, Let It Ride, Spanish 21 and Caribbean Stud Poker.
Since 1998 when Lenny passed away, the company has been run by his son, Elliot Frome. Elliot has made his own marks in the industry by helping to launch Ultimate Texas Hold’em Poker, Mississippi Stud, House Money, Boston 7 Stud, Six Card Pai Gow and Imperial Pai Gow.
I'm going to skip over what was supposed to be my topic for this week (continuation of Free Bet Blackjack), because there is another compelling and timely topic that simply requires, well, debunking. For those of you who are sports fans, there is little doubt that you heard that the Cleveland Cavaliers won the top pick in the NBA draft - AGAIN. This time, despite relatively long odds (1.7%) of doing so. This has led a large number of people to declare that the NBA Draft Lottery is rigged so that a particular team wins the lottery for some nefarious purpose that serves the NBA. The media's desire to be as sensationalist as possible has led to some very shoddy math work in an attempt to keep the discussion going. Ironically, earlier in the day on Tuesday (the day of the draft), I read a parody column that declared the draft rigged BEFORE the draft even took place and showed how that no matter which team won, why people would say that it was rigged.
There may be a new sheriff in town. No, I'm not talking about the upcoming primary elections here in Las Vegas. I'm talking about a game called Free Bet Blackjack. Free Bet Blackjack is owned by Bally Technologies and invented by Geoff Hall, who also gave us Blackjack Switch. Geoff's key patent covers the concept of the Dealer pushing on a 22. This means that any Player hands that have not busted (and were not a Natural Blackjack) will PUSH if the Dealer busts with a final count of 22.
Last week, I alluded to the notion that Players play Ultimate Texas Hold'em more timidly than they should. While a portion of this is probably based in the relatively complex strategy of the game, I believe the larger portion is in the decision itself. It takes nerves of steel to put down 4 times your initial Ante wager. Give me a High Pair or a suited A-J and I'm willing to risk it. But what about offsuit A-8 or suited K-10. How good are these hands? Even if the strategy says to Play 4x, UTH allows the Player to wait for more information and then either Play 2x or wait longer. So, why rush my decision?