Tuesday, February 14, 2017

Breaking Even and Having fun doing it.

How to Really Break Even in Vegas

If you're thinking about a Vegas Vacation you are probably thinking about casinos. Most people who have ever gambled harbor no fantasies of striking it rich when going and playing in casinos. Most of us know the ultimate goal is to go in, play a while, have some fun, get some comps, and go home with about what you walked in with.

Many who gamble on a regular basis no to only bring in a certain amount of money and to not mix gambling money with money that is earmarked for other things. There are a few things that those who are new to the world of gambling can do in order to avoid spending more than you intended. Anyone who has spent much time in a casino will tell you that it is easy to get your money mixed up and end up spending every dime you walked in with thinking you had more money hidden elsewhere.

That being said there is a profound difference in a casual gambler and someone that is willing and expecting to come in and make a hefty investment in the casino. These investments sometimes pay off big time for those who can afford to lose the money. They also can end up costing them big time and taking a while to recover. I recommend starting light.

Hopefully these tips will help you go home with a little money in your pocket.

 1) Set a spending limit for each day and night of your stay. This sounds simple enough but it you'd be surprised at how difficult this bargain you've made with yourself can be to keep.

2) Bring only that amount of money into the casino with you and bring it in cash.

3) Lock all other ATM, Debit, and credit cards in your room safe along with any traveler's checks and other cash that you have. This prevents the temptation to get one more twenty or fifty until they are all gone. This sounds like a little bit of overkill and people often think they have plenty of self control but there is something about a casino, I swear you sometimes loose every bit of common sense you had when you walk in the door. This prevents you from getting in over your head and taking desperate measures.

4) Set a time limit for your casino fun and when that time limit is up for the evening/day get up from the table and leave the casino whether you are on the hottest winning streak of your life or not. Winning streak ultimately end at some point it is better to leave on a high note and have a little extra money to play with the next night (or better yet to take home with you). Leaving at a set time prevents you from getting over tired and making poor decisions based on the altered state of being sleep deprived.

5) Win and lose graciously. It will earn you a lot more respect from staff and the other players and you may find them wishing you luck because of your graciousness. In Vegas you can never have too much luck but woe to those whose luck has run out.

Believe it or not, these five things can save your more money and win you more friends than almost anything other than a super hot winning streak.
Roulette table etiquette
There's so much time between rolls of the ball in roulette that you should never be caught unaware with your betting, but some people do like to wait until the last split-second. They like to watch the ball roll -- thinking maybe they can get an idea of which part of the wheel it'll settle on -- then put their chips on the table. This is perfectly OK, but at some point the dealer will wave their arm gently over the table -- sort of like Obi-Wan Kenobi when he psyched out the stormtroopers -- and that gesture means "no more bets allowed."

Once the ball has settled into a slot on the wheel the dealer will place a marker on top of the winning number. They'll then remove all losing bets. You should wait until the dealer picks up the marker again before reaching out to collect your winnings.

The very basics of blackjack
The most frequently used instructions -- stand or hit -- must be given to the dealer with physical gestures. Just saying "hit me" isn't enough. To indicate "hit," tap the table in front of you with your fingers. To indicate "stand," hold your hand parallel to the table with your palm down and wave it back and forth.

At table where you are allowed to hold your cards, gently scrape the table with the cards to indicate "hit." If you want to stand, just slide the cards face down beneath your bet. If you have a blackjack, or wish to split or double, place your cards face up on the table just to the side of your bet. And if you bust, just turn your cards face up on the on the table and let lip curl in that disgusted look that will come so naturally.

Hand gestures instead of verbal commands are used to that, in case of any disputes, tapes from the overhead cameras can be reviewed to confirm what instructions the player gave the dealer.

The exception to the "show, don't tell" rule is when splitting or doubling down. After placing the additional bet on the table it is usually clear what your intentions are, but if your hand is such that the dealer is uncertain whether you are splitting or doubling -- if you had a pair of 5s, for example -- they will ask you. In this case a verbal response is required.

The very basics of craps
Craps is likely the most intimidating game for new gamblers, and even to people who have played online but never in a real casino. There are so many possible bets to make, people are wedged tightly around the crowded table, the dealers speak in lingo specific to the game and the area gets LOUD. It all seems so confusing that most first-time visitors don't even attempt to play the dice.
That's a shame, because craps can be the funnest game in the entire casino. If you're lucky enough to take part in a hot roll of the dice, you're almost certain to come away with a great story to tell.

In truth, the game isn't that complicated. There are more than 30 possible bets a player could choose to make, but there are only a handful that are worth making. The great majority of available wagers carry a huge house advantage. We can ignore these sucker bets and make the game of craps a lot easier to understand. In fact, for our purposes we're going to keep thing even more simple and look at how to make the two most basic craps bets there are. Learn how these work and you'll be able to join the crowd at the dice table without feeling hopelessly lost.

Stay away from these
All casino games are slanted in the house's favor, but the best ones are within a few percentage points of being even. Blackjack, craps, slots and video poker are the ones that give the house the lowest edge. (Another game called baccarat belongs on this list too, but it's a game few Westerners play.)

If those few games offer players the best shot, why are all those other games on the floor? Because they're extremely efficient at parting suckers from their cash, that's why. They have giant house advantages.

A good rule of thumb is to ask yourself if the game is a traditional one, or sounds like something a casino invented in order to break out something new. If the game seems like something you wouldn't expect to find in a casino, stay away from it. There are few things you can count on in life, but one of them is that anything a casino invents has NOT been created to give you a good chance at winning.

This means games like Caribbean Stud, Let It Ride and -- we're not kidding about this -- War should be avoided, or played only with small budgets for fun
Sucker tables in disguise
Over the last few years more and more 21 tables have been cropping up that feature a 6:5 payoff on blackjacks instead of the traditional 3:2. Since it doesn't seem like much of a difference, and because the 6:5 tables are often low-limit, many people play them.

Don't do it. That one little change gives the house almost 1.5 percent more of an edge

Sucker tables in disguise
Walk away from 6:5 blackjack tables. Do the same thing for games with names like "SuperFun 21" and "Spanish 21" while you're at it. Playing these games is just one step away from Chevy Chase in "Vegas Vacation" gambling on "Guess What Number I'm Thinking Of."

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