Do you feel safe in the casino? If so, there are things you can do to feel safe in the casino. Today we offer this great article by Frank Scoblete, author and owner of Casino City Times concerning Casino Visit Security Tips.
NETG ran a series last year on Mondays to bring you a Gambling Post from someone else. Generally speaking, it was to peak your interest casino and gambling topics. Some of posts included information on Cruise Casinos, Federal Tax reform and even“US Presidents Who Played Poker” We called it, what else but “The Monday Link.”
Here’s a link to a Frank Scoblete post on GamblingTeachers.com. At GT, you can discover success secrets from professional gamblers. Gambling Teachers’ Mission is to remain a free online learning Center, teach Learn to Win programs and lessons of value and retain our GT team of top gambling professionals. King Scobe as he is called, is all about casino gambling. His books include Beat the Craps out of the Casinos, Golden Touch Blackjack Revolution, and Beat the One-Armed Bandits and are staples for your gambling library. He has written and appeared in television documentaries as well as written numerous columns for gambling magazines and websites. Equally important are Frank’s series of videotapes and DVDs, with most of his work being about craps and blackjack.
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)
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
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.
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.