New England Casinos on a $250 Bankroll

New England States

New England Casinos on a $250 Bankroll  “If you had a limited budget/bankroll of $250, which New England casino would you choose and what games would you play and why?”
Someone asked me this question a few months ago and I keep revisiting it in my mind. But I couldn’t take that question for face value….. oh, noooooh……I needed more info, some criteria to base my opinion on.

Criteria – 2 Players, $250 Bankroll

So, I came up with two different players, both variations of myself: 
  1. Player 1 (we’ll call him Rob) is inexperienced, has no particular affiliation to any New England Casino, but has a players card from all of them.
  2. Player 2 (we’ll call him Bin) favors a few, has been playing for years and also has played at the all with a players card from them all, but favors two.
  3. Both players, amazingly, know how to play table games, video poker and like playing slots in the same way.  Favorite table games include Pai Gow Poker, Craps & Blackjack in that order.
  4. Both players are looking to play in New England Casinos on a $250 Bankroll
Here are a few personal notes about Rob & Bin:
  • They like to play for long periods of time.
  • They also enjoy short daily bursts (which is not good for their Average  Daily Theoretical ).
  • Both enjoy relaxing individual play, but at times  prefer the camaraderie Craps & Pai Gow Poker.
  • The goal is to play as long as possible on a bankroll of $250
  • Finally, the most important criteria is kinda right out of the Sci-Fi channel. Each one owns a worm hole to transport themselves to any of the eight casinos instantly. (Pretty cool, huh?)
So let’s begin.

Rob (Player 1)

Rob doesn’t favor one New England Casino over another. Rob believes each has its advantages and disadvantages. But where to play…….hmmmmmm…..

With no loyalty to any casino Rewards Clubs playing long and a chance of winning big is the priority. Food options or playing for comps is secondary. Rob prefers to play at:

#1 (preferred) – Foxwoods.

The wonder of it all

The wonder of it all

“The Wonder of It All” –  Rob enjoys starting in the Asian Gaming area in the Rainmaker Casino for $15 Pai Gow Poker. Another great option is $5 craps in the Cedars Casino (beware, odds bets now have a 5X limit instead of 10X).  If that didn’t work out, two possible plans with what was left – play bar top machines with Double Super Times Pay with decent pay tables at $.05 for Triple-Play & Five-play at Play Bar in the Cedars Casino or the Racebook with a good bar with great service.  Cedars Casino also has stadium gaming.
When a break was needed, the dining options at Foxwoods run the gamut from casual to classy.

#2 (Runner-up) MGM Springfield

MGM Springfield from I-91

MGM Springfield from I-91

This property can be  a lot of fun. The slots are new and plentiful. Rob prefers to visit the craps table first.  Midweek, you can find $10 craps tables, not the best for a $250 bankroll, but playable. Also, MGM Springfield offers the “The Morning Deal”. Every Monday-Friday from 6am – 9am $5 minimums are available on Black Jack, Three Card Poker, Four Card Poker, Ultimate Texas Hold’Em, Let it Ride Poker.
Plan B would be slots, slots, and more slots. Rob would not bother with video poker, unless it was at the bar for socializing and free drinks. The video poker pay tables are terrible. The fact that all Massachusetts casinos are non-smoking is a plus. In addition, the fact that the rewards club, MLife, is connected to many other properties across the country is a perk Rob enjoys as one of his casino players cards.

Bin (Player 2)

Only one choice for Bin –

Mohegan Sun. 

Mohegan Sun Resort Casino

Mohegan Sun, CT

Why?
A. Best gambling odds.
Full-Pay JOB Video Poker, with 9/6 Double Double Bonus available also.
$15 Pai Gow Poker tables
$5 Craps tables
One of the largest assortment of slots in the East Coast.
B.Amenities
Best New England Player lounges.
Great Spas
Point Promotions – 2X (Momentum & Status), 3X (Status), Status Mayhem of 2X-5X
Special parking for upper tier status levels, starting at Leap, 3rd level out of 5)
Entertainment options and offers are beyond special and plentiful, with new entertainment venues opening all the time.  Comix Roadhouse, Nouvelle, and Game On! are examples of special entertainment options.  The Mohegan Sun Arena has been voted best concert venue 5 out of the last 8 years.
C. Dining options – especially best at the low to mid dining cost.
D. Mohegan Sun Players Rewards – while the Rewards Club  is not easy to work with for low and mid rollers, Mohegan Sun is connected to other casinos such as Mohegan Sun Poconos,  Resorts in Atlantic City and soon the new Virgin Hotel and Casino in Las Vegas. (Formerly the Hard Rock.)
E. The Property – Mohegan Sun’s two casinos’ design incorporates tribal decor with an enjoyable spaciousness.  It’s comfy, besides beautiful, unique, and awesome.
So, those are the New England Casinos that Bin & Rob would visit with a bankroll of  a $250.  It might be different if the bankrolls were $100 or $1000.  But, that’s for another post.
Remember, when gambling,” Embrace the Math, Not the Myth.”
Binbin, Bin, & Rob

Your Casino Bankroll Requires Planning – Questions and Answers

$100 Funny Toilet Paper

 

Your Casino bankroll requires planning. How much money to bring to the casino depends three questions:

  • what games will you be playing?
  • what denomination will you be playing at?
  • how long do you expect to stay?

I am often asked, “How much money should I bring to the casino?”  In other words, what should your bankroll be? Think of it this way – “Retirement is like a long vacation in Las Vegas. The goal is to enjoy it the fullest, but not so fully that you run out of money.” — Jonathan Clements. If you think about it, every time you visit the casino, that’s the goal. To enjoy it the fullest, but not so fully that you deplete your bankroll.

Consider these before your next visit 

1)  “How long am I going to stay?”  Decide before you go.
2)  If using bus transportation, “Do I have plans on how to spend my free time?”  (Time without bankroll)
3)  “If I get ahead on a slot or video poker machine, how will I establish a stop value to cash out?”
4)  If it’s a longer visit that spans over a meal time, “Do I have a plan for dividing your sessions?”  and “Am I taking enough money to include downtime, tips, and meals?”
5)  MOST IMPORTANT – “Does my allotted bankroll equal the allotted time for my visit?”  In other words, will your time expectations match the $$ you brought?  (If not, be careful not to make that ATM your friend)

Related Post – Your Bankroll is $250 – What New England Casino Would You Visit?

Bankroll Suggestions

Keep in mind that the following are suggestions.  While a suggested bankroll might give you the best run at a certain percentage of lasting, the opposite is also true. The house edge might not change in your session, but your success can get crazy bad or crazy good in a short session – after all, it is casino gambling. Remember, your casino bankroll requires planning.

SLOTS – John Grochowski says, “….as a general rule of thumb, to have a 90% chance of staying in action for three hours on the slots, your bankroll should cover 250 bets. If you’re betting 40 cents a spin on penny slots, a $100 bankroll gives you that 90% chance. If you’re betting 75 cents on quarter slots, the bankroll need rises to about $187.50, and when you bet $3 per spin on dollar slots, it’s $750.”

Ticket In, Ticket Out! TITO

Ticket In, Ticket Out! TITO

BLACKJACK – according to CountingEdge.com, “….always buy-in with at least 50 times the minimum bet. No exceptions. In other words, to play at a $5 minimum bet table you need to buy-in with $250. At a $10 table you need $500, and so on.

CRAPS – Its my understanding to bring to the table 7 to 10 times the amount you are betting. So a $5 table with 3-4-5x odds pass line w/ odds only ave betting $25.00, so $175 to $250.

VIDEO POKER – 150 bets to cover 400 decisions per hour (average player with perfect strategy).  In other words, playing quarter VP and five coins per single line, $1.25 X 150 = $187.50 (round up to $200).  Of course, the lower the pay table pay out, the more you will need.  Also, higher the volatility (Triple Double Bonus Poker as compared to Jacks or Better) would me a higher bankroll.

Related Post – Playing Video Poker is More Than Video Poker Pay Tables

They Represent Real money! Treat these chips as real money.

OTHER TABLE GAMES – Casino Player writer Basil Nestor, from “Casino Player” writes “…Blackjack and other table games are best played with a minimum of 50 bets. The only exception to this rule is Let It Ride, which requires 150 bets. For table poker, it’s 100 bets.”

Remember, my fellow recreational gamblers, it’s great to win.  But if you lose, only lose the bankroll you bring and the money you can spend for fun.

That’s all for now.

Binbin