Jul
30
2019

Losing At Gambling – When Losing Predominates Winning

Gambling is a game that involves a lot of luck. No one will be sure of the outcome of a gamble.

The fact that still remains is that in gamble, there always will be a loser. Many people are under the notion that a game isn’t a gamble if there are not any losers. This shows that when gambling is done by people, many people have to lose and some of them are indeed bound to win.

Nowadays, many people are hooking themselves up with gambling. Gambling is looked upon as an activity to let out their frustrations and they look upon it as a place in which they can relax themselves after a full day’s work. Many people, however, do not know that when they involve themselves in gambling, they will have to lose great things, later.

How will it feel like to lose in a gamble? Does the game indeed involve losing as a mandatory thing? Many questions like these are present; however, the answers are not available. This is because the probability that someone wins the game is very low and is unpredictable.

Some gambling facts and the characteristic losing of a gamble is as discussed:

1. If the amount of gambling done by people is more, it is sure that they will be the ones who will lose a lot more in the end.

2. Gambling is a process that involves loads of money. Hence, many people are under the notion that gambling is just a game about winning, nothing more. They fail to realise the fact that the probability of losing in a gamble is more than the probability of winning in it.

3. Some people have never won ion gambles.

The statistics indicate that among all those who gamble, very few people can win because the chance of winning is very low in it.

For instance, consider a pack of 52 cards containing four suits, each of thirteen cards. The probability that a person draws the card that can make them win is just 1/52 and the probability that the perfect card is there in the hand is 013, 653, 599, and 599.

Another very good example is the usage of dice. Each die has six sides and every 6th attempt a die is thrown, only one chance of getting the required number will be obtained. If three dice are used, then, the chance that the person will win is just 1/216.

Gambling is indeed a game that involves a lot of luck. Though people contend it, it actually uses skills of people and also, many people have to lose because of gambling.

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Jul
22
2019

Las Vegas Gambling Tips!

GAMBLING TIP#1: Know the game before you play!

One of the biggest mistakes that people make is walking into a casino and playing a game that they have no clue about. It is the easiest way to ‘lose’ your money. Quite a few casinos offer some table game lessons. You can learn some tips on how to play a great hand at blackjack, or what is best to bet on in roulette. When you understand the game and want to play, try to find a table that doesn’t have many people. If you get lost at some point, you can possibly ask the dealer for some direction. The dealers are not against you and would rather you understand the game and enjoy your experience. It is usually appreciated and common to give a tip if the dealer assists you in any way.

GAMBLING TIP#2: Managing your Money

Good money management is so important and will end up being your saviour in the casino. The best thing to do is stick to the rules you walked in with. Your rules! The best way to devise a money management plan is to find out how much money you can afford to lose during your vacation and then divide it by the number of days you are staying in Las Vegas. Take that number and divide the amount of gambling sessions you will have on your vacation and then you will know how much you have to play with on each casino visit, without losing your house! Make sure you take this money (and only this money!) with you and leave the credit cards at home. This way you will only be risking your play money and can walk away knowing you are still in a financially stable position. Stick to your own game plan!

GAMBLING TIP #3: What is a Player’s Card?

A player’s card resembles a credit card because it stores and tracks information about the person that it is assigned to. The card tracks certain information, such as what games you have played and how long, as well as what your average bet has been during those games. You will be required to submit your personal information such as address and phone number when registering for a player’s card. This is so the casino can contact you with comps, gifts and special offers which often include invitations to slot tournaments, room discounts and upgrades.

Take advantage of these comps as they are ‘FREE’ and reduce your costs for shows, drinks and meals while you are at the casino. The average amount you have wagered and the time you have spent on the tables will reflect on the comps the casino gives you. When you arrive, go to the registration desk and ask about the casino comp program. Usually, the time limit for using any comps is 6 months, so it is best to use them while you are in this energized neon city. The most important thing to remember when using the player’s card is to keep to your regular playing pattern. If you attempt to stay longer or spend more at a table just to gain comps, you might end up spending more than the comp itself.

GAMBLING TIP#4: Ask for a Fun Book

When you register for a player’s card, most casinos will give you a fun book with coupons for discounts in their casino lounges, restaurants, bars and shops. Some of these fun books also contain match play coupons which may be used to increase your bet at some of the table games, use them!

GAMBLING TIP#5: Know when to cash in!

If you find yourself sitting at a $5 blackjack table and every hand you get seems to be a winner, the logical thing to do is to increase your bet. If your minimum bet is $5, you then can increase your bet by the same amount, win the hand and maybe increase a bit more, but remain playing at a level that you are comfortable with. It’s best not to jump the gun and bet 5 times the minimum bet if you feel like you are on a roll. If you are a risk taker and lose the hand, then drop your bet back down to your original minimum bet and repeat the process slower this time. You will find that your gambling session lasts longer and you will be able to enjoy the tables for a longer period of time. If the dealer is hot and wins over four hands in a row, it is time to move to another table. Luck is something that comes and goes, even for dealers, but there is no point in waiting around for the dealer to lose their luck. Play smart!

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