7 GAMBLING TIPS for RESPONSIBLE GAMBLING (With “Catsino Cats.”)

Since MGM Springfield has opened, everything here at NETG has been SO serious!  Newport is closing  and August 28th, Tiverton Hotel/Casino is opening September 1st.  With all this casino action going on in New England, maybe it’s time for a light-hearted look at a serious topic – responsible gambling.  And what’s not to like about the “NETG Catsino Cats” to help remind us all about responsible recreational gambling.

I  have some simple tips to help being a responsible gambler.  While many have a fun, exciting gambling experience without them, take a look at the following tips so you can enjoy gambling without putting yourself at risk for problem gambling. So, I hope you enjoy these 7 tips.  Do YOU follow them?

TIPS to the RECREATIONAL GAMBLER – GAMBLING RESPONSIBLY

Just about everyone gambles in one form or another in their day to day lives.  Some gambling involves money, but many of us gamble in our every day activities, such as accelerating through that yellow light, or driving 20 MPH over the speed limit.  Each has its own degree of risk and consequences.

Cat Advantage Player

Cat Advantage Player (or AP)

Professional gamblers who have been able to gamble for a living and not fall into the dark side of addiction, know the importance of knowing how they personally react to the rush of winning and the down side of losing. Professionals also are able to detach a lot of the emotion – after all, to the pro, it’s a business.  For the recreational gambler, it can be difficult keep those fiery endorphins stable.

  1. Have the right attitude – gamble for fun and entertainment.  Cat playing pokerIf you are considering playing poker, video poker, blackjack (probably the only casino games you could make a living in), be well-practiced, well-funded, and strategically perfect – that’s all!  Otherwise, keep it as a leisurely activity.
  2. Set a limit on how much money and time you can afford to spend gambling. Try not to change this limit while you play.  If so, it must the next bankroll negatively or put off your next gambling trip.Credit card Cat
  3. Leave any extra cash at home, and think twice about taking your bank and credit cards with you. When you run out of money, don’t borrow from family, friends or others so you can keep gambling.
  4. Don’t gamble for comps.  Gambling for comps is a rabbit hole that will swallow up extra money you didn’t expect to spend.  Comps will accumulate.  Check rewards clubs for the best deals, and compare to the best games, or an experience you prefer.  Then, just let it happen.
  5. Plan for sessions by bankroll increments, not by time. Have a clear plan on what you will do if you spend all that money sooner than expected.  Eat, walk, people watch?  Something to lengthen the time between sessions.  Or, there’s another option – go home.cat at poker
  6. Know your reason for gambling and how much it costs to play per hour on the games you enjoy.  While you win sometimes, you also lose, so it is important to know the average cost per hour. Click HERE for your free chance to calculate your own cost of play, provided by the Addiction Foundation of Manitoba.Cat playing soccer
  7. Balance gambling with other leisure activities. Gambling shouldn’t be the only activity you do in your spare time.  Other activities can blur into other casino events, such as culinary interest, music performance, and sports.

Finally, if you gamble on a regular basis, keep track of the money you spend. Most people would never think to keep track.  It’s no fun to track your gambling, and lets face it, most of us are just TOO lazy.  Statistics don’t lie. Print out the NETG Gambling Log 3 to keep track – it will help you to keep a realistic record of your gambling expenses. Remember, a simple log is not to be used if you claim gambling losses for your taxes.  A much more specific log of your gambling is needed.  

We hope this helps.

Binbin

Casino Comps & Your “Average Daily Theoretical”

Ever wonder how the casino you visit decides on what comps to give you? When I first started, I thought that if I went to the local casino (or closest) and played a little more often, they (the casino) would see me as a loyal customer and raise my comps. How could they depend on that visitor that appears once a year instead of me – they had me for life if they played their cards right.

But, alas, my comps continued to be menial – “minion’s comps” I call them. Then I found out about Average Daily Theoretical – the average amount that a gambler losses per day for a certain gambling activity, usually expressed in absolute terms (such as dollars). It’s your value to the casino, based on your average daily play – NOT the numbers of appearances at the casino.

Your players card is how the casino tracks your play.

Back to Average Daily Theoretical, the amount (expressed in percent or real units) a casino assumes certain play is worth to them. A positive Theoretical is an assumed loss to the the player. A casino typically comps players based on their actual Theoretical. For example, a casino may assign a certain game a Theoretical of 5%. Assuming a player’s coin-in is $10,000, a casino would then limit total comps to some fraction (less then one) of the theo, $500. If the player had the same coin-in on a game with 1% Theoretical, the comps would have been limited to some fraction of $100.

To make it simple, basically it’s based on your play in one day. A long play in a casino’s day raises your “comp-ability” and playing a little lowers it. So, you can start to receive amazing offers if your play is fairly concentrated into small capsules of time (one or two trips a month) with longer play – basically more money through in a casino day. Now, if you spread out the same amount of money over more visits, less time each visit, the offers decrease.

One very important part to know is the “casino day” which may not be what you consider a day, or may differ from casino to casino. Some casino day’s start at 12:01AM, while others start at 6:00AM. Make sure you know which day your play falls on at, for example, 1:00AM.

Great Podcast fpr Craps, home poker games, and all sorts of gambling advice.

The guys from “You Can Bet on That” give a good example. Let’s say you are staying at a casino for two nights with $400 as your bankroll. If you play the $400 through on the first day, your ADT is better than if you split your bankroll over two days. And what if you get up to check out and put in one more $20 before you leave? Well, your ADT is now figured over three casino days, thus lowering your ADT.

So, if you visit often and put through $50 each time, don’t expect great offers. Make fewer visits putting though the same amount in a month and you will find your your offers increase.

But please remember – play for fun, play for recreation with the bankroll you can spend. DO NOT PLAY MORE THAN YOU CAN SPEND JUST TO GET BETTER COMPS. Always spend up to your allowable bankroll.

16 Casino Do’s & Don’ts

Casino Entrance sign

So, your friend or family member offers to take you to a casino for your very first time.  But, never having been before, you haven’t a clue about what to do when you get there.  So, here are some quick suggestions for you newbies out there, or maybe a refresher course for the rest of you.

1) Know how much money you can wager and lose.  Yes, that’s right, lose.  Know your Bankroll. Approach it as entertainment first. Remember, if you’re not an Advantage Player looking to make a living, it’s recreation.th (33)

2) Know the rules of the games you might play.  If you can, get a free app on your smart phone or tablet and play a little before you go.

3) Decide if your trip is for gambling only, or it’s to enjoy all that the casino experience can  offer. You can spend sometime dining, shopping or watching live entertainment. These are good activities too. Just don’t gamble in casinos to make your trip productive.

4) Sign up for a rewards card.  You may get a free slot play bonus, or get freebies for eats later on. You could get free tickets to a concert, and if you play enough to raise your level of card, you could get additional things from a special parking area for your card level, to entrance into a VIP lounge.  th (26)

5) Be contented with small casino wins. First timers usually lose more in casinos. Breaking even in casinos is generally considered a win.

6) Check the local newspaper for advertisements, or check the web on the best deals in casinos.  netime-logo NECANETimeGambling often lists promotions and New England casino news on Twitter and Facebook.  Sign-up bonuses, double points, giveaways, dining deals – they’re all for the taking.  Go where the whole experience will be great, not just the gambling.

Don't be a Griswold

Don’t be a Griswold

7) Don’t believe in superstitions like “hot machines” or “it must be time my luck changed’ or, “surely it can’t be red again” because each bet is an event of it’s own, with no connection to the previous event.  As soon as you realize this, the easier it will be for you to understand the gambling experience.  Repeat after me – “The House has the advantage.”  Good! Now go out there and enjoy it, win or lose. Be prepared ahead of time and be knowledgeable.

8) Don’t drink a lot of alcohol when gambling.  Excessive alcohol will inevitably cause you to accept losing beyond a “healthy situation.”

9) Bring a watch and your cell phone.  There are usually no clocks or windows in most casinos, and if you get separated from your party, you might need to contact them. Wrist devices like FitBit or Apple Watches can signal you with incoming messages by vibrations or sounds that you can feel or hear above the caucophony of  noise in the casino and prove invaluable.

10) Casinos convert your cash into chips at the tables. Simply said, this is so you lose the sense that this is really money. Remember chips ARE money.
11) Don’t be afraid to ask staff for help.  Remember, the casino is built on getting you there (or should be) and so there are many people who are there simply to help you as a hospitality service.th (1)  Don’t be shy.  If you are new (or not) to the game, please ask the dealer for advice. They want you to win! The more you win, the more likely you are to tip, however tip for their helpfullness and entertaining personality – they have nothing to do with your winning.  Don’t worry about taking a little longer. Everyone starts as a beginner, and most will appreciate your attempt to make the correct play.
12) Don’t hand dealers chips or cash – they are not allowed to handle it directly.  The “Eye in the Sky” is watching your play and their work. Put the chips or cash on the table. They will not accept it any other way.
13) If you smoke, be aware of those around you. If you are a non-smoker in a smoking part of the casino, be flexible.  Reach a common ground that you both can be comfortable with.th (16)
14) Take a walk around when you arrive.  In this day and age, make sure you know your nearest exits if new to that property. Get acquainted with your surroundings. Casinos can be difficult to navigate through.  That’s the way they want it. You get lost because you’re supposed to, then you grab a seat at a slot machine or blackjack, and voila! You drop some cash gambling.  If you’re new stay with your party.
th (2)

Tip your waitstaff, especially if you request specific items.

15) Carry dollar bills for tips. In most casinos, complimentary beverages are served, but the wait staff is usually expecting a small tip.

16) Be aware of the casino’s rules concerning using your phone for taking pics.  Each casino has different rules and it is important for player to be aware of them.  Hey, SELFIE-ADDICTS – Taking pictures in a casino or talking on a cell phone can get you into big trouble if it breaks the rules.  Some casinos allow some picture taking, like when a jackpot is hit. But don’t be surprised when you asked to put your phone away. SELFIE STICKS aren’t tolerated by both the casino staff and the patrons.  Remember, many visitors would prefer not to be in anyone’s picture – especially those Advantage Players that make a living in anonymity.
Finally, have fun.  It’s social, it’s entertainment.  Let’s just leave it as that.
That’s all for now.
Binbin