12 New Year Resolutions for All Gamblers

new-years-resolutionDo people really make resolutions and stick to them? C’mon now – really?

We make resolutions on January 1st with all good intentions. We really do! They represent hope – change for the better – improvement. Whether we follow them or not, they represent what we think are important changes to make as individuals and as a society.

So resolutions are good, right? But making too many is fodder for disaster!  Suggestion: better to pick one or two that are best for you, then, work on them for the year.

Here are twelve gambling resolutions for the new year, courtesy of the Casino Answer Man, – John Grochowski. Please note John’s acknowledgements at the end of his article.

Thank you again, John.

GAMBLING NEW YEAR RESOLUTIONS:

Bankroll1) I will stay within my Bankroll!

Know what you can spend.  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 – people watch! If you hit your limit, it’s time to stop

2) I won’t bother people near me – I will respect other players space and focus.

Instead of bothering others, I will do my own homework and learn the games myself. This includes not being a pain in the #$% to the dealer and wait staff. Remember to keep your advice to yourself, unless someone asks.

3) I will learn the games before I play:

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.  If you have to ask a stranger about the game or machine, chances are you shouldn’t be gambling.

4) I will keep part of my winnings:

Your winnings are just that YOUR WINNINGS. It isn’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 grand-kids’ educations, pay bills — whatever you want. Even better, keep part of your winnings for your next session.

They Represent Real money! Treat these chips as such.

They Represent Real money! Treat chips as such.

5) I will keep track of my gambling.

Keeping track of stats such as time spent, casinos visited, promotions used, money won/lost, etc…will force you to look at your gaming experiences. Patterns of losing play, or machines played, may indicate that changes are needed.

6) I will play only with money I can afford to lose:

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.

Does money just seem to be floating away?

7) I will never chase losses:

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.

8) I will never use credit card cash advances for gambling money:

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.  Bring your cash, or if your a big player, get your marker from the casino.  Either way, hide those credit cards and ATM card in your car, or don’t bring them (locals.)

alcohol-gambling9) I will 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.

10) I will keep perspective and play for fun:

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. Most players are best off to treat losses as the price of admission for a day’s entertainment. Casino gambling is a form of entertainment, a way to have a good time. On those days when we take a little extra cash home, so much the better. But even a losing day can be fun if you keep your expectations realistic. Remember, it’s not about luck, or casino conspiracies – it’s all about math + science = house edge.

11) I will pay attention to my TITO Tickets and my belongings in the casino.

 Be careful with your money. There are people out there who look to take other players money, TITO vouchers (TITO = Ticket In, Ticket Out) purses and more. That’s their job! Be careful out there and be aware of those around you.

Players Club

12) I will be more aware of my Rewards Account. 

Remember, all rewards clubs have different rules. 1 point in one club equals $1, but other clubs have 100 points equaling $1. Take advantage of Players Club promotions – especially 2X & 3X (or more) points days. Be aware of when your points expire.

I’m sure there are more. Whatever your resolutions may be, I hope you keep them as long as possible. I hope your New year is a prosperous one – make 2017 the best gaming experience yet. Get that royal!


That’s all for now.

Binbin

POWERBALL Mania – Truths and Real Chances

 

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Tis the season to start dreaming. But don’t quit your day job just yet. You’ve Heard it Said Before  – “You Can’t Win If You Don’t Play”  

How about some other similar sayings, like:

“You Can’t Win If You Don’t Enter” (Still waiting for the balloons & GIGANTIC Check!)

“You Can’t Sit If You Want to be Fit” (True! I found that saying sitting in my recliner!)

“(If) You Can’t Say Something Nice, Don’t say ANYTHING AT ALL”

“You Can’t Complain If You Don’t Vote” (Just think – If we had a $1 National Complaint Jar, We’d turn that deficit around in no time!)

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“You Can’t Make Your Bed If You’re a Tyrannosaurus Rex”(Ok, that’s kinda off track, but pretty funny)

Here are some truths about Powerball:images (1)

  • 75% of Jackpot winners used Quick Picks for their numbers.
  • The four winning-est Powerball Numbers are 26, 41, 22, 16
  • The odds are so large that even buying every number combination at $2 a ticket would cost you $584 million.  Sounds like a profit, right.  After taxes, you’ll still owe millions.
  • Lottery results are completely random, so no one can control the outcome. It is impossible to predict a number beyond its overall probability of appearing among the winning numbers. A random guess has just as much chance at winning as playing birthdays, anniversary dates, or any personal system. Players can’t control lottery outcomes by using various methods to forecast winning numbers – if so, would it be over $800,000,000?
  • The rules were changed on October 7, 2015 to make the jackpot harder to hit, and thus grow larger jackpots. The previous jackpot probability was 1 in 175.2 million. It is now 1 in 292.2 million.
  • Buying more tickets does not increase your chances.  Each ticket should be considered like one play on a slot machine – one event. THE ODDS DON’T CHANGE! YOU DON’T HAVE A BETTER CHANCE IF MORE OR LESS PEOPLE BUY TICKETS, OR WHATEVER THE JACKPOT IS!Losers-e1443618224855

WHAT ARE YOUR CHANCES – REALLY?

While it is true – “You Can’t Win If You Don’t Play,” what chances do you have to win? You have a better chance of the following instead of winning Powerball:

1. Dying from an asteroid strike: 1 in 74,817,414

2. Getting killed by a terrorist act in the United States: 1 in 10,000,000

3. Getting murdered during a trip to the Grand Canyon: 1 in 8,156,000

4. Dying from chronic constipation: 1 in 2,215,900

5. Becoming a movie star: 1 in 1,505,000

6. Getting struck by lightning: 1 in 1,101,000

7. Birthing identical quadruplets – Odds: 13,000,000 to 1

8. Becoming an astronaut – Odds: 12,100,000 to 1

9. Getting a royal flush in a first hand of poker – Odds: 649,740 to 1

10. Finding a four leaf clover – Odds: 10,000 to 1

So, it’s true – You Can’t Win If You Don’t Play. Have fun with it, since, you’re likelier to die getting struck by lightning than winning the Powerball jackpot: 1 in 134,906.

That’s all for now. I have to rush down to Lotto Mart to buy “a” ticket.

Binbin