Nicholas Colon

Nicholas Colon

Nicholas is a 17 year veteran of the casino gaming industry. He is former player manager with the infamous MIT Blackjack teams and is a regular attendee of the Blackjack Ball, a gathering of the world’s top professional gamblers.

He is the Managing Director of the Alea Consulting Group, a leading gaming consultant company with a focus on gaming economics and, is a frequent contributor to world class business publications like Forbes and Entrepreneur magazines’ and over 15 gaming trade publications. He is also the founder of Casino Exploits a player centric casino gaming site.

Nicholas has lectured at major US universities like Clemson University, Michigan State University and Duke University. His vast business and gaming  expertise, is supplemented by post graduate degrees in Medicine, Business Administration and Applied Physics.
 

Winning at Keno and Lottery

On October 23rd 2018 a Lotto drawing in the US yielded a series of numbers that would cause those that match the numbers to gain the largest single win in the history of the Lottery. There was a single winner for the drawing that won a staggering $1.53 Billion dollars. A lottery is a form of gambling; and, in fact, it is merely a variation and scaled up version of the casino staple game Keno.

By
Nicholas Colon
January 8, 2019

Everything You Need to Know on American Roulette Prediction

This exploration deals specifically with American roulette, which has a 0 and 00 space. This really doesn't make much of a difference for the purposes of this discussion except when we talk about the exact number the ball will land in if it rolls N number of spaces. European wheel players have a lower house edge at roulette approx 2.7 instead of 5.2 as well as a better roulette culture. The American wheel derivations presented here can easily be translated to the European wheel with just a little effort.

By
Nicholas Colon
May 9, 2018

Professional Gambler Answers: How to Become a Casino Pro?

So, what exactly is a professional gambler? A professional gambler is a person who lives from gambling and spends most of his time at the casinos. Professional gamblers are actually earning their paychecks by making the right bets when they play at the live casino tables. In this article, I will go over some general misconceptions about casino gaming as well as go over a few real-world examples, gathered from several friends of mine who are professional Advantage Players.

By
Nicholas Colon
April 9, 2018

The Best & Worst Starting Hands in Blackjack

Blackjack is a dynamic game. It is a game shifting percentages, where each card that is played either adds too or, takes away from the initial advantage the casino has over the player. It is also the most mathematical orientated game offered by gaming companies, but it's also a great experience for online players.

By
Nicholas Colon
February 27, 2018

Chaos Theory: Can It Become a Strategy at Blackjack & Roulette?

The law of independent trials is fundamental principle that allows the casino gaming industry to accumulate mass amounts of wealth from unsuspecting customers. Every game in the casino has the perception of being completely random in nature. This means there is no predictability of the outcome of an upcoming event. What the casinos rely on is the overall advantage that their games have that favor the casino. This reliance assumes a static wager by the player as well as all of the variables remains constant.

By
Nicholas Colon
January 1, 2018