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Frank Scoblete Net Worth

Different strokes for the same folks Casino City Times 3 days ago. Best-selling author Frank Scoblete explains why playing different games can be a fun way to spend time in a casino. FREE Background Report. Check Reputation Score for Frank Scoblete in Malverne, NY - View Criminal & Court Records Photos Address, Emails & Phone Number Personal Review $200 - $249,999 Income & Net Worth. Frank Scoblete is the #1 best-selling gaming author in AmericaFrank Scoblete is the #1 best selling gaming author in America. His newest books include Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Pai Gow Poker! Frank Scoblete Net Worth is $14 Million Mini Biography. Frank Scoblete is a article writer, known for Craps (1997), Slot machine games with Video Texas holdem (1997) and Blackjack (1997).

NEW DICE CONTROL BOOK BY SCOBLETE; OMAHA HI-LOW SPLIT WORK EXCELLENT

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Book reviews by Howard Schwartz (Manager of the Gambler's Book Shop in Las Vegas)

Frank Scoblete (who wrote Beat the Craps Out of the Casinos and Forever Craps among other books) has produced another solid work for those who wish to develop or perfect the concept of dice control (author Zeke Feinberg had the concept as Pre-Setting Dice— also the title of his book).

Scoblete’s new work is titled The Craps Underground:The Inside Story of How Dice Controllers Are Winning Millions From The Casino (316 pages, hardbound, $24.95) and contains 20 chapters, covering the physics of throwing the dice, with set, grip and delivery explained in detail. “The more I played craps, the more I became convinced that rhythmic rolling was a fact and not a superstition,” the author says, in the search for what he called the “optimum roll.”

How Scoblete made the transition from a top-notch counter in blackjack to craps is detailed in the book. The people--some authors or casino-hassled ex-counters, shared the frustrations of many players who attracted extreme “heat” from the house; while another diverse crew of people—colorful, talented but willing to listen and learn began to form up in a “team effort.”

How all this came about—their winning, losing, experimenting--makes for some interesting reading. If you read the classic Eudaemonic Pie by Thomas Bass and his team of Silicon Valley physics professors from the 70s (this team tackled the question of how to beat roulette using a computer to test the velocity of the wheel and ball and to try to locate a biased wheel), you’ll get a feeling for which direction Scoblete’s book is headed. It’s like a great experiment, challenging, fascinating, exciting—going where few crapshooters have gone before.

Along the way, Scoblete introduces you to dreamers, schemers, system players who sometimes reveal their frustrations and destructive ways. Scoblete’s Las Vegas Diary chapter focuses on his adventures at the tables. You’ll meet the kindly personnel, the nasty craps dealers and supervisors while gaining a feeling for what you can expect once you have mastered or believe you’ve mastered the art of dice control.

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This is not a book for the beginner—it’s for those looking for an alternative method of finding an edge at the table. It won’t make the house happy, knowing a new wave of players, with a new, puzzling, sometimes undetectable technique are about the descend on their tables. Ironically the house should be both hospitable and excited their tables will soon be jammed with fresh faces anxious to test the new methodology. Only time will tell how each side reacts to the other—hopefully it won’t take the fun out of the game and civility will dominate. Otherwise craps, like blackjack, with its constant countermeasures to blunt those using intelligence and memory will fade from popularity and existence.

In recent years, with the popularity of Omaha growing, there’s been a growing need for a new book on the game of Omaha High-Low Split. Seeing the need, authors Mark Tenner and Lou Krieger have penned Winning Omaha/8 Poker (251 pages, paperbound, $24.95).

(Ray Zee’s respected High-Low Split For Advanced Players remains one of the most important works ever on Omaha high-low split eight or better)

The game of Omaha is fairly new. Some say it originated in 1982. Others say it was played before that, but never on the level of popularity of the 21st Century. No matter. The public craves information on how to get better at the game—how to discipline their game and wait for the right spot. The game requires smart play—since it is a big pot-builder, it can also devastate a bankroll quickly.

Tenner and Krieger have their book at several levels and in many directions. There are sections on how to play Omaha for the beginner; followed by the Elements of Strategy (which includes controlling your emotions and why this is a game of patience, it also follows up with table etiquette and rules to remember.

Starting on page 57 the authors explain the mathematics and probability factors of the game; and outs, odds and percentages are shown in a key chart. Starting hand selections, playing the flop, playing the blinds; playing when they kill the pot; playing pairs on the flop; and a key section designed to explain different betting limits make for different style games are also included.

There are sections on chip management; money management; different playing styles and characteristics worth observing of opponents; playing poker online; ways of identifying “good games” vs. bad games and how to fight your way through emotions.

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This book should offer the beginner new ideas and fill in some gaps for the seasoned pro. Thanks to Tenner and the always-readable Krieger, this book should help create a new wave of Omaha players.

(The books mentioned here are available from Gambler's Book Shop, 630 South 11th Street, Las Vegas, NV 89101. Call l-800-522-1777 from 9 to 5 Monday through Saturday Pacific time to order, using only MasterCard, VISA or Discover card (no Amex accepted). You may order through the store web site at www.gamblersbook.com and view the store's 1,000 books, videos and computer software. You may also call or write and ask for the free 80-page catalog to be sent to you. The store, founded in 1964, is located about two miles from Downtown Las Vegas, and the same distance from where the Strip begins, a block west of Maryland Parkway, just off Charleston Boulevard.)

The Sublime Systems

Some gaming experts who write books and articles are convinced that there is a mathematical way to overcome the house edge at craps. They believe that by hedging this bet with that bet they can overcome the edge on both bets and beat the game.

We usually see this with 'right' bettors as they place a Pass Line bet and an Any Craps bet in order to 'protect' their Pass Line bet from the 2, 3 or 12 being rolled -- all losers on the Come-Out part of the game for a right bettor. So what actually happens? Are the bets really protected? Have the hedgers found a magical way to beat the math of the game in doing this?

Net

On the contrary, they lose more!

If we look at a $25 Pass Line bettor who 'protects' his bet by hedging it with a $5 Any Craps, here’s what happens. On the Come-Out roll, the 7 or 11 will win the $25 Pass Line player $25, but he will lose $5 on the Any Craps. How often will he win on the Pass Line? Eight times in 36 rolls for a win of $200 minus $40 for the losses on Any Craps. Now, he is up $160.

However, what if he hits the Any Craps? He wins seven times his $5 bet for a win of $35! He’ll do this four times every 36 Come-Out rolls for a total of $140. But he lost $25 on each of those four rolls, so his net profit was only $40. Still, he’s ahead of the game at this point because he won $160 on the Come-Out 7s and 11s, and he won $40 on the Any Craps. He’s ahead an impressive $200.

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What if he had not protected his bet? Why he would have won $200 but lost $100 when the 2, 3, and 12 rolled. He’d have only been up $100. But by hedging, he is up $200, not $100. Great!

If the game stopped there, it would be great indeed.

But craps doesn’t stop there. You see, every time the shooter establishes his point -- the numbers 4, 5, 6, 8, 9, 10 -- our hedger loses his $5. And the shooter will establish his point 24 times. That’s a loss of $120 for the point numbers. Our player who hedges on the Come-Out roll -- where he has a two-to-one edge over the house, and where he would be up $100 after the 36 Come-Out rolls on average -- is now up only $80. And that is $20 less than he would have won had he not 'protected' his Pass Line bet and just let it stand out there alone.

So hedging on the 'Do' side of the board is a don’t, and you can use the same kind of analysis for all possible hedges at craps, and the result will be the same -- you’ll actually lose more by trying to protect otherwise good bets with otherwise bad bets.

The Any Craps is a bad bet because it has a house edge of 11.11 percent, whereas the Pass Line bet only faces a small 1.41 percent house edge. A bad bet cannot protect a good bet.

The Exception

There are exceptions to most rules. That’s what makes life interesting. In craps, the only exception to the above rules (those rules being it is always best to bet the Pass/Come with full odds or as much in odds as you can afford) is an area of craps play I have been exploring for some dozen years now. This area has nothing to do with 'betting or hedging systems' overcoming the math, but it does have to do with shooters who are changing the nature of the game due to some physical control of the dice. These shooters are dubbed 'rhythmic rollers' (also known as dice controllers) since they seem to have a set pattern to their rolls consisting of a careful setting of the dice and a consistent, soft delivery that allows the dice to die when they reach and 'touch' the back wall.

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To be sure, most players who set the dice are emphatically not rhythmic rollers. I’ve seen players who take extraordinary care setting their numbers just so -- before winging the dice down the table where they bang the back wall and bounce all over the place. That kind of throw is strictly random and cannot affect the house edge one bit.

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I have covered the ins and outs, pros and cons, of such 'advantage-play' craps in my book Forever Craps: The Five-Step Advantage Play Method! I also teach dice control in my Golden Touch™ Craps dice control classes. It is a method that physically overcomes the house vig by influencing the outcome of your roll. It’s a tough skill to learn and takes a lot of practice, something most craps players are not interested in. Most craps players are looking for magic bullets and quick fixes; dice control is just too much work for them. After all, dice control is a skill, not a system.

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Still, for just about every player in just about any craps game, the tried (Pass/Come with odds) is the true. It’s the high fence and the apple a day that can keep that horrible house edge at bay. If you have been playing the wrong way all these years, switch right now because -- better late than never!