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Category: Money Management

DEAR AMERICAN GAMBLER

How to enjoy responsible gambling when you’re being responsible and staying home. By Roger Gros   YOU LOVE GOING TO CASINOS. You enjoy the planning and anticipation of a trip to the casino. You know how to budget your money to get the most bang for your buck. Choose your poison! Slots? Blackjack? Video poker? […]

JUST RUN AWAY

Sometimes you just have to leave the casino before it’s too late By Frank Scoblete   There are times to “run” in a casino and, perhaps, to do other things in addition to that. Let’s take a look at some scenarios and see what should be done.   SCENARIO 1: I am getting hammered. I […]

CASINO FANTASY

Escaping reality can be a costly mistake   If you are an average gambler on a multiple day trip to a place like Las Vegas, you arrive at your hotel, drop your bags off in your room and immediately head to the casino.  You then plop yourself down at the first open machine and start […]

DON’T BELIEVE THE HYPE

When a “winning system” sounds too good to be true, odds are it is.   Some self-proclaimed casino experts will tell you about “betting systems” that will give you an advantage over the house. One of the most infamous systems is the Martingale, which has been around for many years—and has wound up crushing a […]

THOSE UPS AND DOWNS

Protect your bankroll like a pro By Frank Scoblete   You are a $10 blackjack player and you buy in for $300 and go about your business trying to beat the house. You know the computer derived basic strategy and you use it exclusively. You do not have an edge over the game but it […]

THAT TILTED TIME

Losing control in the casino can cost you big By Frank Scoblete   Please note: Going on tilt can have various meanings but generally it means losing control of some type. Could mean betting for too long; bet- ting much too much; or just acting foolishly. It can happen to the best of players and […]

JUDGEMENT CALL

Tough decisions with a short bankroll By John Grochowski   It’s easy to tell others there’s a right way and a wrong way to play video poker hands when it’s not their money at risk and not yours. I’m happy enough to tell 9-6 Double Double Bonus Poker players the average return is higher when […]

PENNY PINCHING SLOT SYSTEMS

Stay in control and protect your money By Frank Scoblete   Unless a slot player wins a monstrous million or multi-million-dollar slot jackpot, he or she is destined for long-term losses. The machines are not programmed to create long-term winners; if they did the casinos couldn’t survive. You know that and I know that. Still, […]

WINNING & LOSING IN THE LONG RUN

How Much Do Payback Percentages Really Matter?   How many players nowadays feel that they’re winning fewer jackpots. They blame the casinos for “tightening up” their games and lowering payback percentages (even if they have no evidence of this). While some casinos may be ordering new machines with lower payout percentages, this is not the […]

IS YOUR BANKROLL BIG ENOUGH?

Win more by using these tactics for managing money   It is the march of defeat, the walk of pain. Almost everyone has done it at least once, but some people do it more than others. It is the awful trudge to the money machine after a wipeout at the tables or slots, when a […]

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