Slashdot Mirror
Domain: pittsburghlive.com
Stories and comments across the archive that link to pittsburghlive.com.
Stories · 6
-
Blackjack Player Breaks the Bank At Atlantic City
Hugh Pickens writes with a link to Atlantic writer Mark Bowden's account of how one gambler has cleaned up against casinos: "[B]lackjack player Don Johnson won nearly $6 million playing blackjack in one night, single-handedly decimating the monthly revenue of Atlantic City's Tropicana casino after previously taking the Borgata for $5 million and Caesars for $4 million. How did Johnson do it? For one thing, Johnson is an extraordinarily skilled blackjack player. 'He plays perfect cards,' says Tony Rodio. But that's not enough to beat the house edge. As good as Johnson is at playing cards, his advantage is that he's even better at playing the casinos. When revenues slump as they have for the last five years at Atlantic City, casinos must rely more heavily on their most prized customers, the high rollers who wager huge amounts and are willing to lessen its edge for them primarily by offering discounts, or 'loss rebates.' When a casino offers a discount of, say, 10 percent, that means if the player loses $100,000 at the blackjack table, he has to pay only $90,000." Pickens continues: "Two years ago the casinos started getting desperate and offered Johnson a 20 per cent discount. They also offered playing with a hand-shuffled six-deck shoe; the right to split and double down on up to four hands at once; and a 'soft 17,' whittling the house edge down to one-fourth of 1 percent. In effect, Johnson was playing a 50-50 game against the house, and with the discount, he was risking only 80 cents of every dollar he played. Johnson had to pony up $1 million of his own money to start, but, as he would say later: 'You'd never lose the million. If you got to [$500,000 in losses], you would stop and take your 20 percent discount. You'd owe them only $400,000.'" -
eJuror Will Lead To New List of Jury Duty Excuses
coondoggie writes "Now you can say your jury duty request got lost in the cloud, or that the network was down, or the Internet ate it. That's because the US District Court system is close to completing a rollout of its national eJuror system that lets prospective jurors have the option of responding to their jury questionnaire or summons online. About 80 of the 94 US district courts have had the eJuror software installed and more than half of those courts are already live on the system." -
'Iceman' Gets 13 Years For 2nd Hacking Offense
Hugh Pickens writes "Computerworld reports that Max Ray Butler, who used the hacker pseudonym Iceman, has been sentenced to 13 years in federal prison for hacking into financial institutions and stealing credit card account numbers, the longest known sentence ever handed down for hacking charges. This isn't Butler's first time facing a federal hacking sentence. After a promising start as a security consultant who did volunteer work for the FBI, Butler was arrested for writing malicious software that installed a back-door program on computers — including some on federal government networks — that were susceptible to a security hole. Butler served an 18-month prison term for the crime and fell on hard times after his 2002 release. In desperation, he turned again to cybercrime and by the time of his arrest in September 2007, he had built the largest marketplace for stolen credit and debit card information in the world." -
Pittsburgh To Tax Students
societyofrobots writes "Pittsburgh Mayor Luke Ravenstahl has proposed taxing college and professional students for the privilege of receiving an education in the city. The proposed tax will charge students in the city at a rate of 1% of their yearly tuition — which, at Carnegie Mellon, would mean roughly a $400 tax (PDF) on most students. As the tax proposal hit local media outlets this week, the mayor repeatedly emphasized the burden that college students have placed on city services, and the need for students to pay their 'fair share.'" -
DARPA Semifinalists Selected
An anonymous reader writes "DARPA has selected thirty-six teams as Urban Challenge semifinalists to participate in the National Qualification Event. Both the webcast and press release can be found on the official site. Dr. Tony Tether reports that only 1 of the top 5 previous teams was rated in the top 5 of teams this year and 3 of the top 5 were not in the challenge finals last year. 'The semifinalists will compete in a final qualifying round at the site on October 26th and be whittled down to 20 teams. Those teams' vehicles will have to perform like cars with drivers to safely conduct a simulated battlefield supply mission on a 60-mile urban course, obeying California traffic laws while merging into traffic, navigating traffic circles and avoiding obstacles -- all in fewer than six hours. The team to successfully complete the mission with the fastest time wins.'" -
Can Your Mouth Become Multilingual?
Roland Piquepaille writes "During a videoconference last week between Karlsruhe, Germany, and Carnegie Mellon University (CMU), Pittsburgh, USA, the talk of Alex Waibel, from CMU, was automatically translated in German and Spanish. Both the Pittsburgh Post-Gazette (PPG) and the Pittsburgh Tribune-Review (PTR) attended the conference, took pictures and were impressed by this new 'open domain' speech-to-speech translation. This new computer technology is based on artificial intelligence (AI) and statistical methods. During the demonstration, the speaker had electrodes attached to his face and his neck, but the researchers think that these electrodes could be implanted into your mouth and your throat in a decade from now -- if you agree of course."
