Newspaper article St Louis Post-Dispatch (MO)

Vicarious Bettor

Newspaper article St Louis Post-Dispatch (MO)

Vicarious Bettor

Article excerpt

Stick to Your Strategy

The Vicarious Bettor plays off a $100 stake provided by his employer. Each week, he wagers a portion of that amount and reports the results here.

The game: 25-cent video poker

The session: 1 p.m. Thursday at the Casino St. Charles dockside.

The biggest flaw that most bettors have is that they refuse to accept a win. Gamblers have a hard time quitting when they're ahead. They play a little looser, and the next thing you know, their winnings have turned into losses.

Let me demonstrate what I mean.

I set out to play the bonus video poker with a basic strategy. I would spend $10, and after every winning hand, I would play the double-or-nothing bonus round, (in which you have one shot to beat a card selected at random.) If I won that, I would do the double-or-nothing one more time. I would continue to play until I doubled my initial stake or went broke. …

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