Wins And Losses Of Casino Gambling

Gambling is a form of entertainment that involves the extensive use of money as betting instruments. While it can be entertaining as well as enjoyable, indulging excessively in the game can be dangerous, especially when the money involved is already one’s lifetime savings after years of hard work. This is especially true when the form of gambling that one indulges in is that of casino gambling. Needless to say, casino gambling has some good and bad effects on a person.

In some countries, especially in those areas where Islam is the prevailing religion, casino gambling is strictly prohibited. Religious authorities in these countries generally frown upon this game of chance basically because of the perceived social costs that it inevitably brings.

However, in a number of countries, especially those which are highly-industrialized, casino gambling is a legal business venture, although certain regulations or limits are often set. This is because the game is a double-edged sword. It gives you the opportunity to double or even triple your money. At the same time, however, when you grab that opportunity, you unwittingly also give the game the chance to take away some,if not all, of your money.

The stakes easily become higher in the case of casino gambling. In this form of expensive entertainment, there are usually only two ways to go – either you get to double your money or you lose all of it. This is not just small money, the amount involved usually run in the thousands. Casinos operate on the basic premise that it allows you to have a crack at their money, but at the same time they get to have a shot at yours as well. Who gets to go home as the winner at the end of the game depends on how you will play the game which will have to include the amount of money that you will be willing to place on the betting floor.

This is not to say that casino gambling should be banned altogether. The game as well as its concept has been with us for decades. Perhaps the game has gone on even for centuries. Another thing, as a form of entertainment, it still has its own share of beneficial effects; relaxation being the prime consideration. The key to successfully playing the game is simply to handle it with the proper attitude.

Gambling to be an effective means of entertainment should be approached as simply a game and nothing more. Of course, the aim is to win if possible. But at the same time, a player should not totally discount the possibility that one could also lose. And losing means giving away only the amount of money that you can afford to lose. This is essentially a good strategy, especially when it comes to the issue of casino gambling, where the betting stakes are higher, in which case a planned betting method is recommended. This will include discipline, which basically means having the ability to control yourself, especially when losses start piling up and the winnings that were accumulated in the early games start dwindling because of your casino gambling.

Casino Games And Mathematics. Part 3.

After one more year Thorp published a book (I mentioned it at the beginning of the article) in which he rather in details, in the form comprehensible to any even a slightly literate and sensible person, set the rules of formation of a winning strategy. But the publication of the book did not only cause a quick growth of those willing to enrich themselves at the cost of gambling houses’ owners, as well as allowed the latter ones to understand the main reason of effectiveness of the developed by Thorp strategy.

First of all, casinos’ owners understood at last that it was necessary to introduce the following obligatory point into the rules of the game: cards are to be thoroughly shuffled after each game! If this rule is rigorously observed, then a winning strategy of Thorp cannot be applied, since the calculation of probabilities of extracting one or another card from a pack was based on the knowledge of the fact that some cards would already not appear in the game!

But what does it mean to have thoroughly shuffled” cards? Usually in gambling houses the process of thoroughly shuffling” presupposes the process when a croupier, one of the gamblers or, that is still oftener seen of late, a special automatic device makes a certain number of more or less monotonous movements with a pack (the number of which varies from 10 to 20-25, as a rule). Each of these movements changes the arrangement of cards in a pack. As mathematicians say, as a result of each movement with cards a kind of substitution” is made. But is it really so that as a result of such 10-25 movements a pack is thoroughly shuffled, and in particular, if there are 52 cards in a pack then a probability of the fact that, for instance, an upper card will appear to be a queen will be equal to 1/13? In other words, if we will, thus, for example, shuffle cards 130 times, then the quality of our shuffling will turn out to be more thorough” if the number of times of the queen’s appearance on top out of these 130 times will be closer to 10.

Strictly mathematically it is possible to prove that in case our movements appear to be exactly similar (monotonous) then such a method of shuffling cards is not satisfactory. At this it is still worse if the so called “order of substitution” is less, i.e. less is the number of these movements (substitutions) after which the cards are located in the same order they were from the start of a pack shuffling. In fact, if this number equals to t, then repeating exactly similar movements any number of times we, for all our wish, can not get more t different positioning of cards in a pack, or, using mathematical terms, not more t different combinations of cards.

Certainly, in reality, shuffling of cards does not come down to recurrence of the same movements. But even if we assume that a shuffling person (or an automatic device) makes casual movements at which there can appear with a certain probability all possible arrangements of cards in a pack at each single movement, the question of “quality” of such mixing turns out to be far from simple. This question is especially interesting from the practical point of view that the majority of notorious crooked gamblers achieve phenomenal success using the circumstance, that seemingly “careful shuffling” of cards actually is not such!

Mathematics helps to clear a situation with regard to this issue as well. In the work Gambling and Probability Theory” A.Reni presents mathematical calculations allowing him to draw the following practical conclusion: ” If all movements of a shuffling person are casual, so, basically, while shuffling a pack there can be any substitution of cards, and if the number of such movements is large enough, reasonably it is possible to consider a pack “carefully reshuffled”. Analyzing these words, it is possible to notice, that, firstly, the conclusion about “quality” of shuffling has an essentially likelihood character (“reasonably”), and, secondly, that the number of movements should be rather large (A.Reni prefers not to consider a question of what is understood as “rather a large number”). It is clear, however, that the necessary number at least a sequence higher than those 10-25 movements usually applied in a real game situation. Besides, it is not that simple “to test” movements of a shuffling person (let alone the automatic device) for “accidence”!

Summing it all up, let’s come back to a question which has been the headline of the article. Certainly, it would be reckless to think that knowledge of maths can help a gambler work out a winning strategy even in such an easy game like twenty-one. Thorp succeeded in doing it only by using imperfection (temporary!) of the then used rules. We can also point out that one shouldn’t expect that maths will be able to provide a gambler at least with a nonlosing strategy. But on the other hand, understanding of mathematical aspects connected with gambling games will undoubtedly help a gambler to avoid the most unprofitable situations, in particular, not to become a victim of fraud as it takes place with the problem of cards shuffling”, for example. Apart from that, an impossibility of creation of a winning strategy for all “cases” not in the least prevents a mathematically advanced” gambler to choose whenever possible the best” decision in each particular game situation and within the bounds allowed by “Dame Fortune” not only to enjoy the very process of the Game, as well as its result.

Casino Gambling

Casino gambling can be fun and exciting. At the same time expensive. Dependent on how much you are willing to gamble. It is important to keep in mind your specified budget. As it is very easy to get carried away when you are in the casino, you have to take care that the next thing you know, you haven’t gambled everything away and now you are down to your last penny. Before you get to this scenario, stop, think and walk away or quit casino gambling.

The first rule in casino gambling is to know the game. Casino gambling can be difficult if you are not sure about the rules of a game. For instance, if you want to play baccarat but don’t know exactly what baccarat means it is better to stand back, watch and learn the game first before you try your luck. Another golden rule that you should observe in casino gambling is to not gamble more than you can afford. Always know how much you can spend before you step foot in a casino and don’t risk any more than that.

Do not indulge in casino gambling with the aim to get rich. If you do, you will only be disappointed. And you may lose more money than you care to. Casino gambling should be for fun and entertainment. In casino gambling you should not hand a dealer the loose change. Willingly you place it in the table. If you find that your dealer is rude, then leave the table and play elsewhere. You should not put up with bad service. You can avail yourself of free casino gambling lessons. You could try casino gambling in the morning when there are less people in the casino. You could try casino gambling in the morning when there are lesser people in the casino. This way the dealer could offer you assistance when you are new to the game. In casino gambling you should not up your stakes to cover your losses. You may lose big time if you do. You can up your stakes when you are winning so you use the casino’s money instead of your own.

There are strategies you can use that can reduce the house’s edge but you can never beat the house. Another to watch out in casino gambling is the game called keno. This may be a simple game but the odds are always in favor of the house. If you are new to casino gambling, you should look for a casino that lets you play with lower stakes. This way if you commit mistakes, your losses will be smaller. The posh hotel-casinos located on the Strip in Las Vegas generally have higher minimums compared to those in the downtown area.

Casino gambling is a good way to add some exitement and break the monotony of your life. Casino gambling gives you an opportunity to engage your senses including your mental abilities to focus on the game. Casino gambling can be a good source of entertainment. You should not view casino gambling as a get-rich-quick scheme. But just like any endeavor, it should be taken in moderation. Anything that is done in extremes could be detrimental to the purpose casino gambling is aimed for- which is to provide release of stress and pleasure. Gambling, done in the extreme can become an addiction, so play in moderation and have some fun.

Best Casino Gambling Pay-outs

Nobody comes to a casino simply because they want to have fun. Underneath this vague reason is the desire to bring home cash, and lots of it. Indeed, casino gambling is a way to get your hands on lots of cash in a short time. However, it can also be the way to lose cash in an even shorter time. The thing with casino gambling is that the games have different pay-out rates. For example, spending half an hour in the slots will not help you reach the hundred dollar mark unless you win the jackpot. But if you go and spend time at the roulette table, you can reach the 200-dollar mark without waiting for 30 minutes. Likewise, you could lose all your casino gambling money at the roulette table in a shorter time than it will take you to lose $10 at the slots.

The trick to maximize casino gambling profits is to choose the right games to play. High pay-out games usually give you more money for limited funds. However, skill is highly needed in playing these games. Being a novice and attempting this game with the more experienced players only make you lose your funds. The rules may vary in different casinos, but still the most favored high-paying games are blackjack and video poker.

Depending on your casino’s blackjack rules, blackjack is a game wherein a player can expect high returns providing he plays wisely. There are many variations in blackjack rules like the number of card decks, splitting and doubling bets, and other rule variations. Years back, most casino gambling websites offer great odds. If played strategically, the player even gets valuable advantage. However, rules change and now, the odds are in the casino’s side regardless of the player’s strategy. So to ensure good pay-outs in playing blackjacks, it is to your favor to seriously consider being an advance blackjack player.

Of course, not everyone is born with jacks and aces in their hands. But learning good blackjack strategy is easy. There are many free and downloadable blackjack software tools that you can download and practice on. Also, blackjack books are available at most bookstores. These books are usually authored by top blackjack players who have gained fame and fortune in playing the game. Don’t frown because nothing is easy these days. Being a winner requires effort, so that at least you can enjoy yourself doing it. With regular blackjack practice, you could soon be the next casino gambling blackjack king.

Video poker is another casino gambling game that has a reputation for high pay-outs. However, like blackjacks, video poker rules and pay-out schemes vary among casinos. Examining the casino’s pay tables is important before starting video poker, or any game for that matter. Usually, there are different video poker machines at a given casino. Be sure to choose the one with best pay tables, otherwise, you’re just giving the casino your money without a fight. Good pay tables are assurance that the game you’re playing actually favors you.

Good video poker machines usually allow over a hundred percent return the longer you play the game. Also, despite being similar to slot machines, video poker is not a game of chance. This means that you have an actual advantage depending on your skills. Consequently, you cannot play the game and expect a high pay-out without understanding the basic rules and arming yourself with useful techniques. Casino gambling is fun, but it does entail some work.

Most casino gambling websites and traditional casinos offer both games. Betting experience and game skills improve your chances of winning the games and getting high pay-outs. Though playing requires effort in learning the games and mastering the skills, it does have its rewards. Besides, casino gambling is more fun if you go home laden with cash than big debts.

Secret Formula Of Black Jack Winners

When someone plays a game, they play to win. One of the many simple games at the casino is Blackjack. For those who don’t know how to play the game, it’s always best to start by learning the basics.

When playing Blackjack the most important feature to remember is that there are four times as many cards that have a value of 10 (10, J,Q,K) as any other value. With this information, one must always assume that the next card to be drawn from the deck has a value of 10.

By keeping this in mind, one may realize that if one has any hand that has a value over 12 one will likely lose or in blackjack terms bust (go over 21). Likewise if the dealer’s card is a 2-6 it is likely to draw a 10 card which means he will have to draw again, likely causing him to bust.

Another way to make the odds more favorable to the player than the dealer is by counting cards. This of course requires many pages and charts that must be memorized. Having a professionally written guide is very helpful and there are many different authors that have different styles and different counting systems. It’s always best to get more than one opinion to find out which style works best.

Practice makes perfect. By investing time and money with online training software learning the game, it will eventually pay off at the casino.

Upon entering the casino, one must choose the right table to play at. When one observes that the players at a table seem to be winning a lot, it is a good time to join in the action. Likewise, if you notice the dealer has a lot of chips and the players seem to be doing more losing than winning, then look for a better table.

Reward the dealer by tipping when one is winning. If the dealer knows he will be tipped when the players wins, he may begin rooting and actually do subtle things to help such as performing less thorough shuffles and penetrating deeper into the shoe before he re-shuffles thus allowing the player to get a more accurate count of the cards.

Though if the dealer starts losing too much money for the casino the pit boss will likely change dealers.

Although it may be impossible to find the perfect game, one should be familiar with how certain house rules affect the player.

Keep in mind that as a rule of thumb, the fewer decks the casino uses the more advantageous it is for the player.