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Category: Money Management

New Year’s Resolutions

Tips for playing  smarter, and winning more often, in 2013 By Bill Burton   This year, you could make a New Year’s resolution to “have more fun in the casino.” That sounds simple enough, but if you’re like me, the real fun in the casino comes from winning. I remember hearing one of my older […]

Minding Your Money

The smart way to deal with your casino winnings By Bill Burton   Many players feel that when they’re up, they’re playing with the “casino’s money.” They tend to look at the money they won differently than the money they brought with them. I can’t count the number of people who have told me they […]

Your Silent Video Poker Partner

How to keep your records straight for the taxman By Henry Tamburin   I bet you didn’t know that you’ve got a silent partner when you play video poker. His name is Uncle Sam. When you hit a jackpot that is $1,200 or more on a video poker machine (usually this means a royal flush), […]

Money Management 101

How to handle and protect your precious casino bankroll By Bill Burton   The term “money management” can take on a multitude of meanings for different people. When I was a kid, for instance, my parents wanted to instill the value of money and teach me to be responsible by giving me a weekly allowance.  […]

Are You Going Overboard on casino?

10 Signs you may be gambling too much in Casino by Frank Scoblete   Drinking, eating, running and gambling all have one thing in common:  You can get so hooked on them that they become obsessive negative endeavors instead of positively fun ones. Obviously, a glass or two of wine at dinner and a cocktail […]

How Does It Pay? Payback percentage

Understanding payback percentages By Frank Legato   “Payback percentage” is one of the most misunderstood terms in the casino industry. Many players think it means how much of the money they put in a game that will come back to them in jackpots. Others think that the casino has a switch somewhere that officials can […]

The Tax Man Cometh

Strategies to help you keep more of what you win by Basil Nestor   Gambling income is taxed like regular income, so you may owe substantial money unless you can prove that your gambling activities generated an offsetting loss. It’s spring…which means get ready to pay gambling taxes! Gambling taxes, you say? Yes, you must […]

Risk Of Ruin – Blackjack

What are the chances of you doubling your blackjack bankroll vs. busting out? by Henry Tamburin   Do you think the probability of doubling your bankroll would increase or decrease if you decreased your starting bankroll, say, from $200 to $100? Or what if you started with a bigger bankroll? Do you think that would […]

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