| March 10, 2010, |
Your Guide to Casino Gambling Keep your winnings, cut your losses Before you set off for a casino, always establish a budget or bankroll. You should do this before spinning a wheel or throwing dice to help make your casino experience enjoyable, rather than frustrating. Setting a budget is easy. Choose an amount of money you would feel comfortable risking, whether it be $10, $100 or $1,000. If you feel scared about risking a particular dollar figure, you obviously are setting your bankroll too high. This anxiety is nothing to get embarrassed about - it's good sense to know your limits - just set your bankroll at an amount that would be worthwhile if you won with it, and not hurt if you lost all of it. To put the matter simply: Never gamble with money you cannot afford to lose casinos Once you have established a fixed amount to gamble with (let's say $100), decide how long you would like this money to last at the casino, then divide your bankroll by the number of hours you would like it to last. With $100, if you had two hours to gamble, you would have $50 dollars to gamble with each hour. Before you rush to the blackjack tables
or the slot machines, you must understand where to take this money and
where not to take this money, Basically, you should always have at least
25 times the amount of your initial bet before playing at table games.
What this means is simple - if the minimum bet at a blackjack table is
$5, you should have at least $125 in your pocket to play for an hour.
With $100, you would need to keep bets at the blackjack table at around
$1 or $2, so you'd need to find a lower-stakes game.
For slots, you should allow at least 100 times your initial bet to play. So with $100, you would be restricted to the quarter slot machines (and have to resist the temptation of the dollar slots). The whole point of this exercise is to limit your expenditures at a casino to a reasonable and affordable amount. You want your money to keep you entertained for the longest possible time. And you don't want to lose your entire bankroll in the first 15 minutes and thus be tempted to throw even more cash into an evening's entertainment. Feeling Lucky? Try out
Remember that gambling is only a means of entertainment and not a source of income. You're at the casino to have fun, not to pay off your mortgage. So always establish a bankroll prior to setting foot in a casino, going to a racetrack or even playing slots at a tavern in those provinces which allow this. Smart players do not increase this initial amount. Now that you have established a bankroll, take a look at the odds of the various games. Knowledge of the games is vital to any success in a casino. Each chapter in this book will tell you the odds - and how to improve them by applying winning strategies. In general, these three games have reasonable odds for a serious gambler: * blackjack
These next games have poor odds - so the house is likely to keep more of your money: * roulette (double zero)
The game of poker can have good odds or poor, depending on your skill at the game. One way to anticipate
the odds of a given game is to apply the general "rule of skill." With
slots, keno and roulette, there virtually no skill involved. As a
result, your odds are not all that favorable. On the other hand,
games involving considerable decision making and calculating of odds,
such as blackjack, craps and poker are much more likely to pay off for
you if you can play them well.
THE 50-PERCENT RULE FOR SUCCESS It is important to keep firmly in mind the point at which you will leave the casino regardless of whether you are winning or losing. To establish that point, we suggest the 50-percent rule. if you go into a casino with $100 and reach a point where you are ahead 50-percent, which is $50, you should either leave or start gambling at a lighter pace. Similarly, if you drop to $50, it's time to go home. This is true even the time you initially intended to gamble isn't over yet. You can always come back another day. Hardly anyone at a casino manages money properly. This is one reason why there are so many losers. People just don't know when to quit. They feel unsatisfied winning small amounts rather than big jackpots. Unfortunately, this frustration causes too many people to remain at games until their bankroll is completely depleted. True winners know that there will be days when you win and days when you lose - but never should there be a day when you lose everything! To keep you from getting wiped out, always quit when your bankroll is depleted half its original size. The biggest danger when
you are winning is that you will not want to call it quits. This
is understandable because the best time to make money gambling is when
the tables or slots are hot for you.
If you wish to remain
at the casino, here is the key to success: Put away the money you started
with as your bankroll (in our example, $I00). put this money in a place
where you will not touch it until you have left the casino. Now do
the same with half of your winnings. So in our example, you have $125 in
your pocket that you vow not to touch - and $25 with which to keep gambling.
No matter what happens from here, you will still end up ahead by $25 and
be able to walk away from the casino a winner.
SOME BASICS OF CASINO GAMBLING After setting a budget, you are ready to hit the games. When you first sit down at a particular game, keep three things in mind: * Play for the sole purpose of entertainment.
Remember that you are in a casino for pleasure and entertainment, nothing else. In the movies, miraculous fortunes are made by desperate people gambling their last dollar in Monte Carlo; in real life desperate gamblers invariably lose. if you need to win, you won't. if you gamble for fun, sometimes you'll go home richer than when you came in. Always abstain from serious liquor consumption while playing games of skill, such as blackjack or poker, because it will impair your judgement, hurt you financially and thereby cut short your entertainment. Try to remember, as well, that you are not a machine. you will get tired, and this will hinder your performance and ability to make decisions. Getting too tired - and continuing to gamble could put a large hole in your wallet. Now that all is in order, You are ready to have some serious fun at a casino. The games are all simple to learn. They might seem to proceed quickly or be a little intimidating in the beginning but none are difficult to play. Before the games begin, however, there is one final point of preparation to consider: how to act in a casino. CASINO ETIQUETTE Before entering a casino
you must know how to dress, act, talk
To begin, find out if the casino you wish to visit has a dress code in effect. Few North American casinos have dress codes, but there are some in Europe that expect formal wear and a few in Canada which will not allow you to gamble in a pair of jeans. Ensure that you are comfortable in your clothes. You really don't want to be gambling in uncomfortable clothing that hinders your play. The first immediate issue at a casino is obtaining chips. Ordinarily you can convert money to chips at any table where gambling is taking place. Wait until a hand has been completed or the game is temporarily halted (the dealer may be collectmg cards or shuffling) to obtain chips. Then simply tell the dealer you would like a certain amount of chips and place that amount of money on the table in front of you. Never hand the money directly to the dealer. A dealer is not allowed to receive money from a player's hand - the money must be on the table for him to collect it. When you're ready to leave, you can cash in your chips at the designated areas in the casino. There is usually a "cage" at the entrance of most casinos and this is where chips are converted into cash again. As well, there are other locations throughout the casinos where you can convert chips. But never ask a dealer at a table to convert your chips back into money - again, this is poor etiquette. In almost every casino, drinking and smoking are permitted at the gambling tables. (Some of the larger casinos provide non-smoking floors or areas of play.) Before lighting up a smoke, simply ask if it is permitted at the table. If you desire to watch a game in action, by all means do so. However, make sure that you don't interfere in any way with people playing the game. Some casinos have VIP lounges or areas where tournaments are being played, and often watching the game in action in these mstances is encouraged. While gambling, it's important not to interfere with other people playing alongside you. Conversation is generally a good thing so don't hesitate to be friendly to others, even the dealer, while playing. But some players won't enjoy your friendly chatter. These people, too, have to be respected. Needless to say, never touch another person's chips. In the days of the Wild West, such an action might have gotten you shot. TodaY, it's just poor form and will get you a nasty look. If, at any time, you feel frustrated or are in doubt about anything, simply ask one of the casino personnel on the floor for help. These people are usually dressed in dark suits and have name tags. You can sometimes ask dealers and croupiers as well, but not during the actual play of a game (between hands or rolls is the best time for questions). Finally, pay attention to your own manners. All you really have to do is behave like a mature person. Don't get drunk or be rude. Avoid cursing when luck is not running in your favor, and screaming for joy when you win. Both of these are considered bad manners. Feel free to refer to any page while playing at your favourite online casino. Play for REAL money at
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