• "If you turn over a playing card, the chance it will be red is 0.5, or 50%. If the casino was fair, it would pay you $1 for a $1 bet. But if a casino pays you $0.90 instead, it has a 5% edge."

  • "The most confusing type of slot machine are the 'Buy-a-Pay' machines. On these, the payout for wins is based on how much you bet, where playing anything other than max coins doesn't make sense."

  • "Ideally, you want to bet big when you are winning, and small when you are not. This is harder to do than you think because you can never be sure when a streak is going to end."

  • "In the early 20th century, slots were made illegal. To get around this, slot machines were made to look like vending machines and players would actually get sticks of gum every time they played."

  • "Every casino game is based on strict mathematical and statistical principles. The casinos certainly don't try to play by instinct or feeling, and neither should you; know the mathematical strategy behind the game."