Casino Insider Tells (Almost) All About Security 232
An anonymous reader writes "ComputerWorld has up a story on casino security technology, exploring the world of facial recognition technology and various other systems in casinos such as the Bellagio, Treasure Island, and Beau Rivage. Industry veteran Jeff Jonas reveals some of the secret scams he learned from the casino industry such as the infinite hundred dollar bill, the hollowed out chip cup, the palm (trading cards), the specialty code (inserted by rogue programmer into video poker machine) and the cameraman, as well as detailing how casinos strike back against fraudsters and cheats.'"
3rd page (Score:5, Informative)
http://www.computerworld.com.au/index.php/id;270726757;pp;1;fp;4194304;fpid;1 [computerworld.com.au]
Non /.'ed copy (Score:4, Informative)
Link (Score:2, Informative)
Re:3rd page (Score:5, Informative)
Link [networkworld.com]
Re:Untrue (Score:5, Informative)
For reference: http://wizardofodds.com/blackjack/house-edge-calculator.html [wizardofodds.com]
That calculates the house's odds. Even if you give every advantage to the player, the house still has the advantage if they are using more than one deck (which is almost always). So even in perfect player conditions, the house still has to be using only one deck for the player to have any advantage.
minimal risk, really... (Score:4, Informative)
Actually, if you RTFA, you'll see that the "infinite $100 bill trick" works by hitting a sequence, and then asking for your $100 bill back. So presuming one of the buttons in the sequence isn't the "play this bet" button, you're not really risking anything. You either get your $100 back and have zero credit on the machine, or you get your $100 bill back and have $100 credit on the machine.
Though I certainly don't have the patience to run around a casino with a $100 bill and try different sequences to try to trip that feature...
Re:Untrue (Score:3, Informative)
Re:Untrue (Score:5, Informative)
Positive odds is only true if you are counting cards and are good at it. Even if you play blackjack perfectly the casino still has the odds favor. See here [wizardofodds.com].
People who understand odds aren't playing blackjack, but craps. Properly played craps has the lowest house advantage than any other game in the casino. Plus it's actually fun! Every time I go to LV I play craps at Casino Royale. It's a crappy casino, but they have the lowest house advantage that I've found. In fact this chart [wizardofodds.com] shows I'm at the right place
Re:waiting for the MIT movie (Score:5, Informative)
There is a romantic view of card counting. People assume it's a magical skill you pick up, then can just roll into a casino and use it as a personal ATM overnight.
The truth is, it gives you about a 1% edge over the house. That means that for every $10 you bet, you'll "earn" $0.10. You can get, maybe, 100 hands of Blackjack per hour on a good day.
And the "margin of error" (standard deviation) means that your long-term swings won't balance out until after about 12,000 hands. 120 hours of Blackjack, just to statistically be guaranteed to at least break even.
And all that is assuming you count perfectly, and play perfectly.
So after card counting gets hyped, you'll get a whole ton of people who want the quick win. They'll learn a quick hi/lo system. They won't practice. They won't learn basic strategy perfectly (quick, what's the proper move when you have 44 vs. a dealer's upcard of 5?). And they'll go into the casino. Maybe they'll double up quickly and walk away. More likely they'll just keep playing, have a few drinks, and either make a bit of money, or get frustrated and lose everything, or just play for a while and have fun. But in every case, they'll be playing with a disadvantage. Making a couple mistakes or missing a couple counts, maybe they're playing an even money game, or just 0.5% house edge. If they start steaming and making the big errors, they'll be giving the house 4-5% of their money on every hand.
And for the one in a thousand counter who does a good job and earns 1-2% on her money, they'll be 999 players who give it all back.
If card counting had the ability to destroy the casinos, they'd have been out of business a long time ago. Blackjack is profitable for the casino.
Re:3rd page (Score:3, Informative)
One page. (Score:3, Informative)
Re:waiting for the MIT movie (Score:4, Informative)
Re:Untrue (Score:4, Informative)
http://www.google.com/search?q=100x+odds [google.com]
That said, most odds are moving to what they call 3-4-5x odds, which allow you to place 3x odds on the 4 and 10, 4x odds on the 5 and 9, and only 3x odds on the 6 and 8. This (a) allows the players to place reasonable odds bets, (b) minimizes the casinos exposure, and (c) most importantly, makes the game easier for the dealers as a full odds bet will always pay 6 times the pass bet. The easier for the dealers, the FASTER the game plays, and the more the casino makes.
If you're not seeing 3-4-5x odds at your favorite casino, it may be coming.
http://www.google.com/search?q=3-4-5x+odd [google.com]
Re:Video example of a few of the scams. (Score:5, Informative)
Hollowed out chip scam: http://www.youtube.com/watch?v=0dDOMyzmkaA [youtube.com]
Blackjack scams: http://www.youtube.com/watch?v=Phnkp4R0iJI [youtube.com]
Brass balls blackjack scam: http://www.youtube.com/watch?v=Mu9uAaQs-LQ [youtube.com]
There are hundreds more on youtube if you search
Re:waiting for the MIT movie (Score:5, Informative)
The MIT scam was not card counting. Card counting tracks probabilities of cards based on what's been dealt. The technique in the book was knowing exactly what a card in a shuffle would be. If the dealer lets you see the tail card and you get to cut the cards alone and you are skilled enough to cut the cards to count to card you saw and you can track the card count through all the cards and deals and the card is a 'big' card (face or ace) that can affect a hand wildly for better or worse, then you can adjust your bet for that one hand based on you knowing that one card. Most advantageous is when you have tracked a face card and you know you will bust the dealer. It also works better with a team, at least where you can control all nodes at the table. You and the other person can then use the count to force the card to either one of the hands, or the dealer.
This is harder to track than card counting, because you play normally most hands, just bet big (and somewhat out of character, which helped lead to their downfall) every once in a while and win big.
The one thing that struck me most in reading the book is that they really never understood human nature, specifically humans working for the casino. They kept on saying "well, we're not cheating" and expected there to be no problems. You're taking massive amounts of money from casinos - they don't like that. They seemed totally unaware of the dangers they faced, physically.
Re:Untrue (Score:5, Informative)
That is the right way to look at it.
It's the people who say they made $200 "in profit" that drive me nuts. Spending 20 hours to make $200 (which is really $120 after taxes) means you're making less than minimum wage. I guess they don't teach about "opportunity cost" in high school economics any more.
Re:Casino security is neat. (Score:5, Informative)
So I made some nice coin on the deal of being a "dork". I need to be a "dork" more often
BTW: notice how casinos only really use Panasonic Commercial Plasmas? it's because the digital signage module plugs into the set's backplane. It's a all in one solution without any additional "crap" run a cat5, plug the set into the network, and it's all done... I can even do a video wall with 12-16 sets without buying a controller as the set's will do it all for me.
Re:waiting for the MIT movie (Score:5, Informative)