Michael Shackleford
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Michael Shackleford, (May 23, 1965 in
Pasadena Pasadena ( ) is a city in Los Angeles County, California, northeast of downtown Los Angeles. It is the most populous city and the primary cultural center of the San Gabriel Valley. Old Pasadena is the city's original commercial district. ...
,
California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the m ...
, United States), also known as "The Wizard of Odds" (a title taken from
Donald Angelini Donald Angelini (September 30, 1926 – December 6, 2000) was a mobster nicknamed "The Wizard of Odds" with the Chicago Outfit, a criminal organization that specialized in gambling operations. Career After years in the Outfit, Angelini became t ...
), is an American
mathematician A mathematician is someone who uses an extensive knowledge of mathematics in their work, typically to solve mathematical problems. Mathematicians are concerned with numbers, data, quantity, structure, space, models, and change. History On ...
and an actuary. He is best known for his professional analysis of the mathematics of the casino games. He is also an adjunct professor of actuarial science and mathematics at the
University of Nevada, Las Vegas The University of Nevada, Las Vegas (UNLV) is a public land-grant research university in Paradise, Nevada. The campus is about east of the Las Vegas Strip. It was formerly part of the University of Nevada from 1957 to 1969. It includes th ...
. He became interested in the mathematics of gambling at a young age after reading ''
John Scarne John Scarne (; March 4, 1903 – July 7, 1985) was an American magician and author who was particularly adept at playing card manipulation. He became known as an expert on cards and other games, and authored a number of popular books on cards, ...
's Guide to Casino Gambling''. Shackleford discovered his affinity for mathematics when he began to study algebra in school at approximately 11 years old. He described how math had become something new and interesting. Before launching his websites, he was a government actuary in Baltimore. It took him approximately one year to convince his wife that going into business for himself within the gambling industry was the right thing to do. He then left his job as an actuary to work on his websites. Today Shackleford is best known for his websites, The Wizard of Odds and The Wizard of Vegas, which contain analyses and strategies for casino games. In 2002, after moving to Las Vegas, he published a paper with rankings of
slot machine A slot machine (American English), fruit machine (British English) or poker machine (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. Slot machines are also known pejoratively a ...
payout percentages that were previously considered unavailable. The Time Out Las Vegas referred to the survey as ''groundbreaking''. This paper was referenced by
Palms Casino Resort Palms Casino Resort is a hotel and casino located near the Las Vegas Strip in Paradise, Nevada, United States. It is owned and operated by the San Manuel Band of Mission Indians. It includes 703 rooms and a casino. It was originally owned by th ...
to advertise their competitive payouts. Shackleford sold his sites on September 19, 2014 for $2.35 million to LCB Network. Shackleford also analyzes new games for game developers and casinos. Clients include Hilton, Realtime Gaming,
Playtech Playtech plc is a gambling software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile gaming, live dealer games and fixed ...
, and
Shuffle Master SHFL entertainment, Inc. (previously named Shuffle Master) was a manufacturer of shuffling machines, table games, slot machines, and other casino products, based in Paradise, Nevada. Founded in 1983, it was acquired by Bally Technologies in 2013 ...
. He is the author of ''Gambling 102: The Best Strategies for All Casino Games'' (Huntington Press, 2005). Previously, he was an Adjunct Professor of Casino Math at the
University of Nevada, Las Vegas The University of Nevada, Las Vegas (UNLV) is a public land-grant research university in Paradise, Nevada. The campus is about east of the Las Vegas Strip. It was formerly part of the University of Nevada from 1957 to 1969. It includes th ...
and a contributing editor to ''Casino Player'' magazine. Shackleford is periodically consulted on gambling issues outside of Nevada. In 2010, Pittsburgh Live requested a consult on whether the gaming companies in Pennsylvania would tighten their blackjack rules. Every year, professional gambler,
Max Rubin Max Rubin is a gambling expert and author best known for his book ''Comp City: A Guide to Free Gambling Vacations''. The book teaches players how to maximize casino perks with little actual wagering. Rubin is also a gambling analyst for televisio ...
hosts the Blackjack Ball, an invitation-only event where a winner is given the title of β€œThe Best Gambler in the World.” To win this title, participants are quizzed with gambling trivia and mathematical questions. They also face a second series of tests where their skills are put to the test (card counting, signaling, etc.). The 2011 winner was Michael Shackleford where he beat Anthony Curtis to take the title. Before changing careers, Shackleford worked as a
claims adjuster A claims adjuster, desk adjuster, field adjuster, or general adjuster (claim adjuster, claims handler, claim handler or loss adjuster in the United Kingdom, Ireland, Australia, South Africa, the Caribbean and New Zealand) investigates insurance cla ...
and later as an actuary for the United States
Social Security Administration The United States Social Security Administration (SSA) is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability and survivor benefits. To qualify ...
from 1992 until 2000. His main responsibility there was estimating short-term costs and benefits of Social Security law changes. But he was best known for researching the most popular baby names for each year since 1880. The results of this research have been published in many books, newspapers, and magazines, and the Social Security Administration now officially publishes a new list every year of the previous year's most popular names, along with all the previous years' names. Shackleford lives in
Las Vegas Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas ...
,
Nevada Nevada ( ; ) is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, ...
with his wife and three children.


References


External links


Bio on the Wizard of oddsGambling 102 at Huntington Press
{{DEFAULTSORT:Shackleford, Michael 1965 births Living people American gambling writers American male non-fiction writers University of Nevada, Las Vegas faculty People from Pasadena, California People from the Las Vegas Valley American actuaries 20th-century American mathematicians 21st-century American mathematicians