The vast majority of gamblers in casinos are losers. It is not surprising. Multimillion-dollar monuments that offer pleasure and entertainment are an example of this. They exist for one purpose only: to separate unsuspecting casino patrons from their money.
Gambling generates a higher annual income than movies, ticket sports, cruise ships, theme parks, and the recorded industry. According to government statistics, gambling in casinos brings in an estimated $40 billion each year.
What amazes me the most is that you can win at casino gaming just as easily as you can lose. The house percentage for casino table games like blackjack, craps, and baccarat is the lowest in the world. They offer the best chance of winning.
To win money gambling, you first need to have the intention of winning. Doesn’t that sound a little too simple? People constantly tell me, “I went at Caesars Palace or The Sands yesterday and lost $50, $60. $100, $100 or $150.” Are you serious? It sounds as if they intended to lose. It seems like they had a predetermined amount of money they thought they would lose.
Simply the Facts
With the table games above, the “house%” in craps line bets (pass/don’t line) with no additional odds is only 1.41%. In Baccarat, it is 1.25% in “player” hands and 1.16 in “bank” hand. If you play blackjack with a multi-deck Basic Strategy, the house advantage will not be present. The casino has no advantage over the player.
My firm belief is that winning at casino gambling is just as easy for a skilled player as losing. It all boils down to intent.
3 Rules to Win at Casino Gambling
To be a successful player, there are only three rules. They are:
1. Place only bets that reduce “house percentage”, to the minimum amount.
2. Money management… You must set a minimum amount you will wager on each session. It should not exceed 3 to5% of your bankroll. If you lose that amount, stop betting.
3. When you are winning, don’t forget to leave the table. It is possible to win by walking away a winner. Always play for the win and not just the thrill of winning. Self-control is a key word.
When you play against a low house advantage, and use a money-management system that allows for sufficient resources, there will undoubtedly be times in any session when you will be in money.
Don’t worry about what you might have lost. You will not lift the chandeliers from the ceiling. Those are very unrealistic expectations. If you are a loser, you will always have another chance and more money to fight for your cause.
There are specific betting strategies and play options for each game that will give the player an advantage over the other in a relatively short period of time. Most people lose money gambling in casinos if they don’t follow this simple strategy.
It is much more enjoyable to leave a casino trip as a winner, rather than a loser. And if these sound principles are followed, you will be a winner ggplay.
Enjoy their fine dining and lounge areas, as well as the opportunity to see a show or take advantage. But be smart and play on their terms.