Wins And Losses Of Casino Gambling

Gambling is a form of entertainment that involves the extensive use of money as betting instruments. While it can be entertaining as well as enjoyable, indulging excessively in the game can be dangerous, especially when the money involved is already one’s lifetime savings after years of hard work. This is especially true when the form of gambling that one indulges in is that of casino gambling. Needless to say, casino gambling has some good and bad effects on a person.

In some countries, especially in those areas where Islam is the prevailing religion, casino gambling is strictly prohibited. Religious authorities in these countries generally frown upon this game of chance basically because of the perceived social costs that it inevitably brings.

However, in a number of countries, especially those which are highly-industrialized, casino gambling is a legal business venture, although certain regulations or limits are often set. This is because the game is a double-edged sword. It gives you the opportunity to double or even triple your money. At the same time, however, when you grab that opportunity, you unwittingly also give the game the chance to take away some,if not all, of your money.

The stakes easily become higher in the case of casino gambling. In this form of expensive entertainment, there are usually only two ways to go – either you get to double your money or you lose all of it. This is not just small money, the amount involved usually run in the thousands. Casinos operate on the basic premise that it allows you to have a crack at their money, but at the same time they get to have a shot at yours as well. Who gets to go home as the winner at the end of the game depends on how you will play the game which will have to include the amount of money that you will be willing to place on the betting floor.

This is not to say that casino gambling should be banned altogether. The game as well as its concept has been with us for decades. Perhaps the game has gone on even for centuries. Another thing, as a form of entertainment, it still has its own share of beneficial effects; relaxation being the prime consideration. The key to successfully playing the game is simply to handle it with the proper attitude.

Gambling to be an effective means of entertainment should be approached as simply a game and nothing more. Of course, the aim is to win if possible. But at the same time, a player should not totally discount the possibility that one could also lose. And losing means giving away only the amount of money that you can afford to lose. This is essentially a good strategy, especially when it comes to the issue of casino gambling, where the betting stakes are higher, in which case a planned betting method is recommended. This will include discipline, which basically means having the ability to control yourself, especially when losses start piling up and the winnings that were accumulated in the early games start dwindling because of your casino gambling.

Casino Gambling: When Fun Becomes Dangerous

Summer’s here! Probably, most people are all packed-up and ready for their holiday vacation. It may be a trip to an exotic Caribbean resort, a beautiful city somewhere in Europe or any wonderful place just to get over the summer heat. Yet to us, who are so hooked up to Casino Gambling, summer is a thrilling ride for another gaming fun and adventure. So, where to this time? Vegas, Atlanta or maybe somewhere international, huh? If you’re not into traveling this time, you can also have everything at your home PC. But anyway, before you start to indulge yourself into the many luxuries of Casino Gambling, you might want to think twice about firmly setting your limits this time. All right! Maybe, you already tried before and it didn’t work. But hey! Keep on trying.

A lot of people visit different casinos all year round. Whether it be in a gambling capital such as Las Vegas or simply at their home, many Americans simply cannot do without casino games. Well, this is not surprising. Casino gambling may mean you’re risking a pot of cash. Yet the betting game and tension, plus the thought of possibly winning the jackpot prize can also be your most exciting adventure ever. Of course, if you bag the gold, the experience becomes more immense.

If you’re too stressed out or bored with your work and daily routine, you definitely need to stretch out yourself and relax. Casino gambling is a great way to release all the tensions in your mind and body. When you visit a real casino, of course, the best part is your being able to enjoy the other facilities, comforts, luxuries, and entertainment offered by the gambling place.

Each time you are enticed by the thrills and fun of casino games, you need to remind yourself though about your limits. Remember the cardinal rule for gamblers? Control, control, and control! Otherwise, you’ll end up empty handed. Worse is that you can literally get hooked with casino gambling. There’s a thin line between moderate gamblers and addicts. Often, many people are too blinded by the excitement that they fail to realize they have already crossed the line. Well, not until their life starts to crumble. For, even a single night of fun can turn into a nightmare the next morning. If you haven’t been careful enough with your bets, then don’t get surprised when you’re confronted by debts the following day.

Casino games are definitely fun and relaxing, for that is their purpose – entertainment. Yet they can also be addictive especially when they are abused. Too often, it’s difficult to tell when you start to become a Casino Gambling addict. Of course, when family members or friends begin to remind you of your gambling, then it’s probably time to check yourself. Of course, do it soon before the addiction devours you and your life. Gambling addiction is also a root of many other problems in the society such as crimes and broken families. If you think you are one or if you know somebody addicted to gambling, do your responsibility of breaking the habit before it starts to break lives and families. Casino gambling is definitely relaxing and entertaining. It eases you from all tensions and pressures. Yet remember, you must always do it with great responsibility.

Secret Formula Of Black Jack Winners

When someone plays a game, they play to win. One of the many simple games at the casino is Blackjack. For those who don’t know how to play the game, it’s always best to start by learning the basics.

When playing Blackjack the most important feature to remember is that there are four times as many cards that have a value of 10 (10, J,Q,K) as any other value. With this information, one must always assume that the next card to be drawn from the deck has a value of 10.

By keeping this in mind, one may realize that if one has any hand that has a value over 12 one will likely lose or in blackjack terms bust (go over 21). Likewise if the dealer’s card is a 2-6 it is likely to draw a 10 card which means he will have to draw again, likely causing him to bust.

Another way to make the odds more favorable to the player than the dealer is by counting cards. This of course requires many pages and charts that must be memorized. Having a professionally written guide is very helpful and there are many different authors that have different styles and different counting systems. It’s always best to get more than one opinion to find out which style works best.

Practice makes perfect. By investing time and money with online training software learning the game, it will eventually pay off at the casino.

Upon entering the casino, one must choose the right table to play at. When one observes that the players at a table seem to be winning a lot, it is a good time to join in the action. Likewise, if you notice the dealer has a lot of chips and the players seem to be doing more losing than winning, then look for a better table.

Reward the dealer by tipping when one is winning. If the dealer knows he will be tipped when the players wins, he may begin rooting and actually do subtle things to help such as performing less thorough shuffles and penetrating deeper into the shoe before he re-shuffles thus allowing the player to get a more accurate count of the cards.

Though if the dealer starts losing too much money for the casino the pit boss will likely change dealers.

Although it may be impossible to find the perfect game, one should be familiar with how certain house rules affect the player.

Keep in mind that as a rule of thumb, the fewer decks the casino uses the more advantageous it is for the player.

Slot Machines For Casino Gambling People

There’s a lot of available games to play inside a casino whenever somebody wants to go Casino Gambling. A gambler could pick to play card games, roulettes, and other games that have evolved over time. But among these, slot machines remain to be one of the favorites of people who love Casino Gambling.

Slot machines have been around almost instantaneously as casinos. The very first machine was created in 1887. It featured the commonly known configuration of the machine. This one-armed bandit” was also able to feature an automated system that enabled it to simplify the payout mechanism of the machine. This became popular and soon found its way into every local bar or saloon at that time. Thus, possibly initiating the beginning of Casino Gambling.

Today, variations in the popular machine have become an act of creativity for its developers. Different machines come up with very different themes. The variations could go as creative as using pirate themes, geometric shapes, just to name a few. This is probably the reason why in Britain, slot machines are more commonly called as the fruit machines”. But whatever theme developers might come up with, the basic principle behind it still remains. The characters and the number of lines might change, but nevertheless, they still follow the original game structuring of its origin. It adds to the flavor of course, that Casino Gambling people are able to enjoy the machines they are betting on, given that they have evolved to become more fun.

The development of the slot machine did not come without myths surrounding it. Some Casino Gambling people believe that certain machines become either hot” or cold”, depending on the number hits or wins a particular machine has given. Although myths such as this have crept its way throughout different places, the odds of winning on a standard slot machine is determined by an RNG or Random Number Generator. This means that on standardized machines, the odds of winning is always the same.

There are however, some machines that are specifically programmed to increase the probability of winning. Depending on the state laws that govern a particular casino, Casino Gambling on slot machines are required to give out what is called a payout percentage. Usually, the payout percentage is somewhere between 82 to 98 percent. But in the case of Nevada where state laws are not the same as others, the baseline payout percentage of machines is set to 75. This means that supposing one spin costs $1, after 1,000,000 spins have been played, the machine should have at least returned an average of $750,000 to the players. And so goes for other machines that have a different payout percentage set.

Other machines that are commonly seen when going Casino Gambling are those that give out huge jackpot prizes. The machines that could give out as much as $7,000,000, are linked in a network of different machines. The network could also extend to other casinos, enabling a link between one casino’s slot machines and the other’s. However, because of the large jackpot prize being allotted by these systems, the usual case is that the payout percentage is smaller than the one from a single machine.

Casino Gambling is still predominantly based on probability. Although this is sometimes preset by programs that are usually required by state laws, the odds of winning on a slot machine and any other Casino Gambling endeavor still requires a certain amount of luck to pull off.

A Closer Look At Positive Expectation

What do I mean when I refer to an over 100% machine?” An over 100% machine simply means a machine that pays back more than you put in. Fantastic, except for one thing: this is factored over a long period of time. It does not mean over 100% in every session.” In fact, an over 100% machine isn’t guaranteed to earn you a profit even over what most would consider a long period of time. And it’s certainly not graphed by a steady upward curve. The only sure thing I’ve ever found in casino gambling is streakiness, and video poker results can be as streaky as it gets.
Also, and this is a very important concept to grasp: whether or not you achieve that over 100% return depends on the number of royals you hit. A royal contributes approximately 1.7%-2% (depending on the game) to the total payback percentage, and you only hit a royal about once every 35,000- 45,000 handssome 80 hours of play. So during those other 79 hours, even if you’re playing a deuces wild machine with a 100.76% payback percentage and accruing .5% slot club cash back for your play, that 1.8% you lose for not hitting the royal pretty much wipes out your advantage during the periods in between the big jackpot. During these periods, you will most likely lose money (positive expectation is sweet, but it usually doesn’t come easily). That’s why it’s necessary to analyze situations in terms of what mathematicians call expected value” or expected return,” which assumes an infinite period of play.
Okay, with that groundwork laid, here are a couple of examples of positive expectation readily available in any number of casinos in Las Vegas at any given time.
Playing full-pay” deuces wild with computerperfect (optimal”) strategy, the return percentage is 100.76%. Another way to say this is: for every $100
you put into a full-pay deuces wild video poker machine, you’ll get back $100.76. It may look skinny,” but that’s a pretty good edge. Unfortunately, only a computer can play computer-perfect strategy. Humans make mistakes. They get tired of sitting and staring at a screen. They get a little fuzzy from the free drinks. The guys get distracted by short skirts on cocktail waitresses. I figure skilled human strategy on a full-pay deuces wild machine is more like 100.5%. In these examples, my numbers are based on that one-half-percentage-point advantage.
Playing 25 full-pay deuces, you’re making $1.25 bets (five quarters). If you play slowly (say 320 hands per hour), you’ll put about $400 through the deuces wild machine in 60 minutes. At our skilled human capability of 100.5%, over that hour your expected return is $402 (1.005 X $400 = $402). Thus, your expected return (or win) is $2 per hour. Don’t quit your day job!
Example 2. This time you’re playing $1 deuces wild with skilled human strategy, but you’re playing fast (600 hands per hour). Betting $5 per hand, you’re putting $3,000 through the machine per hour. Now your .5% positive expected return produces $3,015; over the long term you’ll take in $15 per hour. That’s like a $30,000-a-year paycheck.

A Closer Look at Negative Expectation

The flip side of positive expectation is, logically enough, negative expectation. An under 100% machine” is a machine that pays back less than you put in. Let’s say you find a 25 deuces wild machine that has only one change in the pay table from the full- pay deuces schedule. A key changeit pays only four coins for four-of-a-kind instead of five. That’s just one tiny alteration, but it gives the house a whopping 5.7% edge. This means that you’re playing a game that returns only 94.3%. Now if you play a slow 320 hands per hour, you’re losing $22.80 per hour (.057 X $400)and that’s on a 25 machine.
Does the $2-per-hour profit from full-pay deuces look better to you now? And does the $22.80-per- hour loss convince you to read pay tables carefully? The main reason for all the new video poker variations is that casino know there are a lot of players with a little bit of video poker knowledge. Many people now know that full-pay jacks or better and deuces wild are good games, but they’re not real careful about reading the pay tables to make sure that full-pay is what they’re playing. Point them toward any jacks or better or deuces machine and they assume it pays liberally. The casinos, of course, make sure that they aren’t: Play this game. It’s almost like the other one that pays a lot more.”
This occasionally backfires on a casino when it monkeys with a pay schedule of a well-known machine and the changes result in a larger payback percentage. If you become a true student of the game, you’ll be able to spot these situations, know what changes to make in the strategy, and take advantage to make a lot of money on these machines, until the casino wises up and fixes the schedule or removes the machines entirely.

Jacks or Better

Jacks or better is the basic video poker game. One of the first to come out, it’s considered something of a video poker standard. The full-pay version is known as 9/6 jacks or better, meaning the payback (with one coin in) for a full house is 9 coins and for a flush is 6 coins. Sad to say, there are not a lot of them outside of Las Vegas. Full-pay jacks or better has a return percentage of 99.5%. It’s not a positive game; as we’ve seen, the casino has a .5% advantage. But because it’s readily available in Vegas and a lot of other video poker variations are derived from it, I also consider it the standard. Often you get enough cash back from the slot club or a promotion to make jacks or better an over 100% game.The first chart is what the pay table for a 9/6 jacks or better video poker machine looks like. The second is also a jacks or better pay table, but with a crib- cal difference: it’s an 8/5 machine. Note the difference in the payouts for full house and flush; this lowers the return to 97.3%.
As I mentioned earlier, I’m not going to provide you with the strategies, which are readily available in any number of books and computer software programs. See the Appendix for recommendations.