One of my favorite authors and gaming guru, John Grochowski, three years ago wrote one of my favorite article concerning Gamblers New Year’s Resolutions. It’s still good for today!
As tradition at NETG, I re-post this every year. For your pleasure, I’ve added pictures this year.
Thank you John for all your insight and inspiration.
Before you play, take stock of how much you’re willing to spend on your entertainment for the day. If you have a winning session, great! If not, stick to your limit. If losses approach the amount you’re willing to spend, slow down. Take a timeout, get a snack, watch the roulette wheel for a while. If you hit your limit, quit. Period.
A little homework goes a long way in helping to cut the odds against you at casino games. Learn basic strategy in blackjack and for each video poker game you play. Know the rules and best bets in craps. No matter your game of choice, buy a good book and read about the best methods of play.
Your winnings aren’t “their money.” As soon as you’ve won it, it’s yours, and you don’t have to give it back. On any sizable win, put at least half of it away. You can buy yourself a treat, go out for an evening on the town, put a little away for the kids’ or grandkids’ educations, pay bills — whatever you want.
When the losses come, make sure you don’t have money earmarked for food, clothing, school, the rent or mortgage on the line. Play with money budgeted for entertainment, not for life’s necessities.
What’s worse than losing money? Losing even more in a desperate attempt to win it back. You’re never “due” to win, and wins and losses don’t have to even out in the time we play. A losing streak means it’s time to ease back or quit, not bet more.
Think the house edge is high on some games? Try comparing it to credit card interest rates. The house edge added to interest on borrowed money and ATM fees — that’s a tough combination to overcome.
Resolve to go easy on the alcohol:
If you want to have a drink while you play, that’s your business. You don’t want your judgment impaired with money on the line. Have a good time, but keep a clear head, too.
Resolve to keep perspective and play for fun. Gambling in a casino is not a get-rich-quick scheme. Only a handful of blackjack and video poker players have the skill, discipline and bankroll to enable them to make money in the long run. Most of us will lose more than we win at any game.
John Grochowski is the best-selling author of The Craps Answer Book, The Slot Machine Answer Book and The Video Poker Answer Book. His weekly column is syndicated to newspapers and Web sites, and he contributes to many of the major magazines and newspapers in the gaming field, including Midwest Gaming and Travel, Slot Manager, Casino Journal, Strictly Slots and Casino Player. Look for John Grochowski on Facebook (tinyurl.com/7lzdt44) and Twitter (@GrochowskiJ).
John Grochowski Websites: www.casinoanswerman.com
That’s all for now. Let’s start 2015 right!