Gambling

So what’s all the hype about casino gambling?  How do you decide which games to play?

I’m going to help you decide where to begin when you first step into a casino.

What’s First

As you make your way into a big casino, you will probably be in a little bit of awe. Just the lights and sounds can give you a jolt of adrenaline as you take in the excitement of people screaming and machines ringing.

Take a moment and just look around, slowly walk around and appreciate the atmosphere. Don’t run and plop down at the first open slot machine you see.

I suggest you make a loop around the casino and checkout the layout.  You want to know where the penny slots are, where the high dollar slots are, and where the different gaming tables like blackjack and roulette are, etc.  

Before You Start, Remember This:

• The house has the advantage in every single game.  The house will make money if you sit and play for any extended period of time. The house doesn’t need luck, and even if you hear the screams of winners, the house is always winning more!
• Being lucky is the biggest part of winning at gambling. You can reduce the house edge in some games by playing proper strategy, but luck is still the most relevant factor in winning.
• Come to play with a set amount of money you can afford to lose.  Gambling should be considered entertainment and not a way to earn money.  Remember, the odds of you winning money are literally stacked against you!  The house ALWAYS has the advantage!
• Hot streaks may happen, but they won’t last.  Recognize when a winning streak has ended and the losing starts. Be able to stop before you give back all your winnings.
• Go ahead and join the casino’s player reward program, sometimes the incentives are quite lucrative, with plenty of free deals.  They are usually free to join, so it will be worth the few minutes of your time.

Pick the Right Games to Play

The right games to play is going to depend on the type of experience you’re looking to have.  Hopefully you’re coming in to have fun and enjoy a few free cocktails.  In all reality, you shouldn’t be coming in expecting to win money. Do you want to experience flipping chips in your hands or look for the flash and ringing of machines?

If you’ve come for the fun and want games that require little skill, choose:

• Slots
• Keno
• Roulette

These games are easy to learn and winning is due more to luck, than the player’s ability to reduce the house edge.

Slots give you the chance to sit down and enjoy a free cocktail (tipping small change is custom, but not required).

Keno is another games that gives you the opportunity to sit and enjoy a drink, tv or just the sights and sounds of the casino. Pick some numbers and hope they pop up, like a mini lottery.  Depending on the casino, the speed of the game is generally slower than all others, so you can enjoy having your money a little longer.

Roulette is the easiest of table games to learn and play.  All you have to do is guess which number that little spinning ball is going to land on.  You can give yourself 50/50 odds by betting odds/evens or red/black.  Unfortunately, there are usually no chairs around a roulette table so it’s not as relaxing in my eyes.

If you’ve come looking to win some money, your choice of games should be those that can have the house edge reduced with a bit of knowledge or skill, such as:

• Blackjack
• Baccarat
• Craps
• Video Poker (Jacks or Better)

These are really not difficult to learn either, but if you take the time to learn basic strategies, you might actually enjoy playing and winning a bit more often than most.

Don’t be Afraid of the Table Games

As a casino newbie, you’ll probably fear the table games.  However, you really shouldn’t.  You can (and should) do your research beforehand and learn the basics of each game.

However, if you weren’t able to do the research, but sort of pushed by friends to play, start with small stake games, like $5 blackjack. Look for a table with no players. Don’t be afraid to tell the dealer you’re new to the game and he/she will gladly guide you on the rules of play.  They will be hoping you will tip them for their assistance, but you certainly don’t have to, even if they’re basically teaching you how to play the game.  Don’t sit at a table with several players if you’re new to the game, the other players won’t be nearly as friendly as the dealer!

Be Aware of Casino Etiquette

Despite winning or losing, you want to maintain a kind, courteous and polite demeanor.  If you can remain in a good mood when winning, as well as when losing, the entire casino will appreciate it.  Dealers will be nicer, waitresses will come back to you more often if you’re happy and tipping and the other casino patrons will appreciate it.  If you remember to treat everybody with the respect you would want yourself, your trip to the casino can be lots of fun. If you think losing money will put you a nasty mood, don’t go to a casino, because you will probably lose money.

There are basic casino rules of etiquette that should be followed:

• Don’t sit at a table if you don’t plan on playing – if you want to watch a buddy play, stand behind him
• Before sitting down, make sure the current hand is completed
• Don’t answer a phone call while sitting at a table
• Once you place a bet, don’t touch it
• Use only 1 hand to touch your cards, if any touching allowed
• Wait until dealer is clearly done with paying off a bet, before touching the chips
• If you’re at a table and want to leave a tip, always tip with chips, not cash
• If you’re at the slots and want to tip a waitress, you can tip with small change

These are just common courtesy suggestions.  You won’t win more if you do them, but it will make your time at the casino more enjoyable because you won’t likely be offending anybody.

FINAL THOUGHTS

Casino gambling can be great fun, but it can also be dangerously addictive.  Know when to stop.  That refers to the free drinking and the gaming.  There’s a reason the casino gives you free liquor, to loosen up your thinking and your wallet.

If it’s your first time, remember just that…you can come another time, don’t try to win everything or lose everything in this one visit. If you come with a set amount of money (which you should) stop when you’ve gone through that.  Learn to play the games wisely so you don’t lose all your money in 15 minutes.

It can be fun to make the goal of a casino visit to be, last 15 minutes or longer.  You can easily lose a couple hundred bucks in 15 minutes or win a couple hundred bucks in 15 minutes.  The challenge is, can you leave after either circumstance.  Know when to quit if things are going bad, and learn to quit while you’re ahead, while learning to enjoy yourself in either situation.

Don’t be afraid to go to a casino.  It’s great adult entertainment and everybody should experience it at least once. Have fun and good luck!

Have you ever thought about entering a slot tournament at a casino?  With the winning prizes getting bigger and bigger, it’s definitely worth a try. 

Those people that have entered seem to be having a lot of fun. Unfortunately, there is no real strategy to guarantee a win in a slot tournament.  There is nothing you can do to change the results of a slot machine spin, they are totally random.

Slot tournaments are run either based on a certain time limit or a certain number of credits.  The time limit format is the most common and what I will discuss here.

To improve your chance to win, you want to get in the most spins within that time period.  That’s why you see the experienced players just continually pressing the spin button.  You don’t want to wait for credits to add up, the machine will catch up with you.

You also shouldn’t get caught watching the results of a big winning spin, or a near miss, just keep pressing.  You have to keep your focus and concentration on pressing the spin button.

Keeping your focus and concentration also means not watching other players or any other distraction.  Your goal is to get as many spins in as you can.  Checking out the competition while you’re playing, is a waste of time and money!  You can find out what they did when you’re done!

Strategy in a Nutshell:

• Get to the tournament a little bit early to relax and adjust to the atmosphere
• If you have a lucky charm, bring it!
• Once it starts, just keep spinning as fast as you can
• Stay focused, keep your eyes on your machine, don’t look around
• Have fun because it’s just a matter of luck anyway!

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While roulette is not a hard game to understand, the problem is learning how to bet properly. As in any game of chance, there is no fool-proof method to winning consistently.

How to Play

There is an American version and a European version, the difference being the “double zero” slot found in the American version. Players place their bets on the roulette table and watch as the croupier spins the roulette wheel in one direction and rolls the roulette ball in the opposite direction.  Once the ball stops and lands in a numbered slot, if you placed a bet on the number that the ball landed in, you’re a winner!  Once all bets are paid off for that spin, it starts all over again, a very simple process.

How to Bet on Roulette

Each player is given a different color chip, so the croupier knows which player to pay on different bets.  He can also guess the player jumping up and down is probably the one who won his bet. There will also be a table minimum bet.

There are two basic areas for betting in roulette, the inside and the outside. The minimum bet for the table is usually the same for inside and outside, however, the inside bet can cover multiple bets, whereas the outside bet covers one spot and must be that minimum.  For example, a $5 minimum inside bet can be $1 on 5 different numbers, and an outside $5 minimum bet is a $5 bet on one option.

Types of Inside Bets

• Single Number – Straight bet – pays 35:1, the riskiest, but most rewarding
• Two Numbers – Split bet – pays 17:1, your chips are placed on the line splitting 2 numbers
• Three Numbers – Street bet – pays 11:1, your chips are placed on the line that separates the inside and outside of the table
• Four Numbers – Corner or Square bet – pays 8:1, your chips are placed on the line intersecting all four numbers
• Six Numbers – Double Street bet – pays 5:1, your chips are placed on the line between two rows of numbers, between the inside and outside of the table
• In American roulette, there is a five number bet that pays 6:1, your chips are placed on the line beside the zero, double zero and numbers 1-3

Keep in mind that the inside bets have the best payouts, because they have the highest house edge and you have to assess the risks vs. the rewards.

Types of Outside Bets

• Red or Black – pays 1:1, chips are placed on the red or black diamond
• Odd or Even – pays 1:1, chips are placed on the odd or even rectangle
• Field Bets – pays 1:1, chips are placed in the rectangles marked 1-18, or 19-36
• Dozen Bet – pays 2:1, chips are placed in the rectangles marked 1^st 12, 2^nd 12 or 3^rd 12
• Column Bet – pays 2:1, also a 12 number bet, chips are placed in the squares at the end of the number columns

Outside bets are safer bets and therefore have lower payouts.

Best Roulette Tips and Strategy

1. Beware of the house edge – Understand that the house edge in American Roulette is 5.26% (it’s 2.7% in the European game) which is big compared to the .5% house edge in blackjack. There are better ways than roulette, to make money in a casino.
2. Manage your bankroll wisely – as in most casino games, give yourself a loss limit before you step to the table
3. Control your emotions – if you keep calm while having fun, the smarter bets you’ll make and hopefully win more money
4. Stick to the outside bets – While they have the lowest payouts, they are the safest bets, with more consistent payouts over the long run.
5. Stay away from betting systems – There are popular betting systems, such as The Martingale System, associated with roulette, but for the most part, you’ll lose your bankroll quick if you run into a bad streak. As a beginner, don’t try to use any roulette betting system, just play for the fun and the experience.

FINAL THOUGHTS

In a casino, the roulette table can produce some of the loudest cheers. It’s a fun game that can have huge payouts for the players. There is no absolute strategy with this game of chance.  Each roll is a separate occurrence and you must remember the old adage “the wheel has no memory.”  Give it a chance, just for the fun of it!

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Is it really possible to be a smart gambler?  In terms of casino games, where you’re more than likely to lose your bet, it doesn’t seem that anybody could be a smart gambler.  You just have to realize that to be a smart gambler doesn’t mean you’ll always win.  I think you can consider yourself a smart gambler if you can become a better gambler.

SET A LOSS LIMIT – Stick to it!

You’ve probably heard the old adage, don’t play with money you can’t afford to lose.  Well that’s a very good place to start.  To be smart, give yourself a loss limit before even stepping into a casino.

While that is an easy thing to say, what gets most people in trouble is that they go into a casino with more than their loss limit. The typical gambler will enter a casino with $400 and tell themselves that they’ll stop if they lose $200. 

Many casino games play at a very fast pace and that $200 will be gone in 20 minutes!  You’ll be shocked and telling yourself “I just got here, I want to play a little more.”  There’s the hook the casino threw and you grabbed it! You’ll play with that extra $200, but hopefully at a slower pace, but then it’s gone in another 30 minutes. Wow, $400 dollars gone in about 1 hour! But was it fun?  The first $200 was fun because you knew you could afford to lose that, but the 2^nd $200 probably hurt a bit.  Give yourself a limit and stick to it!

DON’T GET GREEDY

Just like a loss limit, you should also have in mind a win amount you would be happy with.  While I’m not saying stop playing when the dice are rolling your way, or the cards a coming your way, but stop when it starts to go bad.

Of course you want to keep playing when it’s going well and you’re winning every other hand or so, but recognize when the winning stops and pull yourself away.

Let’s say you go in thinking I’ll be happy winning $150 and a winning streak has you up $500.  At that point, the cards turn and the next thing you know, you’re back down to up $100.  Now you’re mad at yourself because you were up more the 2.5 times what you wanted, but have backed it down to less than you wanted.  Teach yourself to walk away when the winning streak has come to an end and take the winnings you’re given!  Don’t be greedy!

You have to remember, the longer you play any casino game, the more you’re apt to lose! Stay long, play wrong! In the long run, the casino always wins.

KNOW THE ODDS

All casino games have a house edge, so the idea is to play those with the lowest house edge.

Ranking of casino games by house edge:

• Blackjack: .5%
• Video Poker: .5% – 3%
• Craps: .6% – 1.4%
• Baccarat: 1.2%
• Poker: 2.5% – 5.2%
• Roulette: 5.3%
• Slots: 5% – 10%
• Keno: 27%

You should know not to play slots expecting a profit.  The only thing worse than slots is Keno, which explains why you never see too many people playing Keno. (at least I don’t see many Keno players) But then again, how do you explain slots players? Slots are fun!  The thrill of hitting a jackpot just can’t be overstated!

You can have fun at all the games in a casino.  To be smart though, try to stick with Blackjack, Craps or Baccarat.  You will have the best chance to win with those games.  Understanding the odds, will allow you to better manage your winnings. What is more fun than winning?

PLAY WITH PROPER STRATEGY

While the games have rules that give the house the edge, there are perfect strategies that can be played to cut down the house edge and give you a better chance to win. 

There are often side bets in many table games, but you have to understand they are usually sucker bets.  You will never find a strategy book that will tell you any side bet is proper strategy. 

If you make bad plays, you don’t play smart.  If you don’t play smart, you don’t gamble smart.

BE CAREFUL WITH BETTING SYSTEMS

Betting systems give you a specific way to make your wagers.  There are a lot of different systems out there and they profess to be the best way to manage your bankroll.

While most of them will help you win big if things are running favorably, but they can’t change the house edge.  Remember, in the long run, the house edge wins out and the systems won’t help you when things go sour.

FINAL THOUGHTS

To be a smart gambler, you have to learn how maximize your winnings and limit your losses. The best way to do that is to know which games to play, play them with perfect strategy and recognize when things are not going your way.

The only sure thing with gambling is that you will probably lose in the long run. Unless your goal is to be a professional gambler, do it just for fun and you will be a smart casino gambler.

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As you walk into any casino and figure you’ll head to where all the noise is coming from, you’ll probably find yourself at a craps table.  If you thought you could never understand how to play the game, you’re wrong and I’m going to show you how easy it is to play the game.

Game Objectives

First, keep in mind that casino games can’t be too difficult to play, or people wouldn’t play.  The first thought for making a casino game is that it should be easy to play.

I think what scares people with craps is that at first glance, the craps table looks very confusing.  There are a lot of sections, with all kinds of images of dice combinations, words and numbers.

The goal of the game is to bet on the outcome of the roll of two dice.  The fun of the game is that there are several different bets you can make.  Understanding all the bets is the complicated part, but fortunately you can still have fun, and win, just playing a couple of the simple bets.

Game Setup

The craps table is specially designed and features a betting layout where players place their bets. The players stand all around the table, as many as can fit comfortably. It can also be uncomfortable if it’s crowded!

One player is designated as the shooter and rolls the dice.  Everybody at the table will have a chance to become the shooter if they want to, though you can choose not to roll.  Some casinos require the shooter to place a bet as well.

Anybody at the table can place a wager, even the shooter, by placing their chips on their chosen bet spot.

There are usually at least 4 casino employees controlling the game.  They are the Boxman, the Stickman, and the Base dealers.

The boxman is in charge of the chips at the table. He/she will exchange cash for chips, supervise the dealers and basically make sure the game runs smoothly.

The stickman is in charge of the dice, moving them around to pass to the shooter, with a stick(ergo the name) and announces the outcome of the dice roll.

The base dealers, usually 2, stand at the ends of the table to payout winners and collect losing bets. They can also help place bets for players who can’t reach the correct spot.

Play of the Game

A round of play starts with what is called the come out roll, made after all bets have been placed.  This is the first roll of the shooter.

If this roll is a 2, 3, or 12 it’s considered “crapping out” and the round is over. Players will win don’t pass bets and players will lose pass line bets.  If this first roll is 7 or 11, players will lose don’t pass bets and players will win pass line bets, and the round is over.

If any other number is rolled, it establishes a “point.” Once a point is established, the shooter continues to roll until the point number is rolled again or a 7 is rolled. 

As additional rolls are made, bets are being placed on the outcome of those rolls.

A round is complete if the point is rolled or a 7 is rolled.  The shooter remains the same if the point is hit, however, if 7 is rolled, the dice are passed to the next shooter.

Types of Bets

The list of available bets in craps is:

• Pass line
• Don’t Pass
• Come
• Don’t Come
• Pass Line Odds
• Don’t Pass Odds
• Come Odds
• Don’t Come Odds
• Place Win
• Place Lose
• Buy
• Lay
• Big 6
• Big 8
• Hardways
• Field
• Any 7
• Any 11
• Any Craps
• Ace Duece
• Aces
• Boxcars

With this long list of possible wagers, it is totally conceivable how play of the game can be considered confusing.  They really aren’t that hard to understand (click here for bet details) and you don’t even have to understand them all to enjoy the game.

Beginners Strategy

Best bets to make:

• Pass line bets with free odds
• Come bets with free odds
• Place bets on 6 or 8
• Go with the streak if you’re winning
• Copy the bets the player with the most money is making
• Don’t make the high odds bets
• Don’t listen to the dealer’s appeals for high odds bets
• Backup your Pass/Don’t Pass bets and Come/Don’t Come bets with the allowed Odds bets
• Remember to pick up your winnings between rolls or they will be considered a bet.  Sometimes all the cheering makes people forget they won!

The first 3 bets have the lowest house edge, which is why they’re the safest bets.  They’re easy bets to make and you can actually make a decent profit if a shooter gets on a roll.  You don’t need to understand any other bet.

FINAL THOUGHTS

I hope I’ve given you enough information to not be afraid of trying craps.  The basics of the game are not difficult to grasp. Everything in a casino is a gamble, but it can also be fun. Craps can become quite the party if a player gets hot with the dice.  Play with money you can afford to lose and have fun!

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