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Knowing
The
Odds
Knowing the odds
associated with
any casino game is extremely important. This
simple rule will help the
smart player limit their play to the games with
the best player odds.
Also within the game, like shooting dice, the
player should know the
odds that come into play on each type of bet.
Some craps bets are
weighted toward the house, while others are
barely in the houses favor.
Dice, Blackjack and Baccarat have the best
player odds of any game in
the casino. For this reason, these games get the
bulk of smart
gambler's play at any casino. Some gaming
vehicles are so bad for the
player; they should be avoided at all times. The
Wheel of Fortune is an
excellent example. Learning to play a chosen
game is well worth the
effort as a player who plays the game well cuts
the odds even further
from the house edge. An example would be hitting
a breaking hand when
the dealer shows a bust card when playing
Blackjack. Letting the dealer
take the chance of busting is the best play
possible most of the time.
Keno is another popular bet in casinos, but it
has a very high house
edge. Limit the play to a few games at dinner or
breakfast. Chalk up
the Keno play as an added cost for the meal.
Slots are the most popular
game in the casino by far, but the smart gambler
sets a tight limit on
losses for each session of play. The longer the
player stays and plays,
the more likely the bigger loss for the session.
Casinos set their odds
based on the amount of play they get. Short
sessions of play do two
things for the player. A short session will keep
losses down and if the
player is lucky, they will quit while they are
ahead in the game. Every
gambler has seen a nice win turn into a loss by
playing to long at a
game.
An even money bet versus a high odds bet is a
constant dilemma for the
gambler. Every one wants to hit a bet on a
single number at roulette
and collect 35 to one. One way to do this and
cut the odds of hitting a
number is keep track of how long it has been
before it comes up. If the
number you want to play has missed 15 or 20
times in a row, it may be
worth a small wager for four or five bets. The
theory behind this
scheme is the player has missed a long series of
what could have been
losing bets. It the player hits the number, then
the counting starts
again. Also a long dry spell of a single number
can mean that it will
repeat several times when it does show up again.
The theory is to play
for this situation.
A player should set hourly session limits, for
continuous play at a
casino or online. Four-hour stretches are
reasonable and will confine
losses to shorter periods of play. Treat each
session as a separate
entity and do not assume that bad or good luck
will follow into the
next session. When on a rush of winning bets,
increase the size of the
bets. When on a losing cycle, decrease the size
of the bets. Many
players do it completely the other way and play
right into the hands of
the casino. When losing change games or tables
or quit. Do not fight a
hot dealer or a cold game. Take a small shot at
the large progressive
slot games, but do not play to long or let the
losses get out of hand.
Insurance bets when playing Blackjack is a bad
bet for the player. The
odds are too high and the payoff is way to low.
The suggestion is let
the dealer play the hand and the player should
pass on taking the bet.
Pai Gow poker is a great game if you have the
nerve and the money to
take the bank side when you are on a rush. Add
up the other players
common bets to determine what the loss would be
if you lose every hand.
If you can afford the risk then make the play.
Quit playing if you are angry or drunk. Anger
clouds the judgment and
drinking may make a player reckless. The latter
is more of an
individual result than a cut and dried idea.
Some people can swim in
booze and it does not seem to affect their play
in the slightest.
When playing Baccarat follow the shoe if the
shoe is throwing out small
runs on either side of the shoe. This means,
play the bank or the
player when they won the last hand. The theory
is that a few hands on
the same side will follow. Never fight a strong
trend in Baccarat. It
will only cost a lot of money to discover that a
trend can last far
longer than the player thought possible.
Conclusions
Gambling is a game of feelings, hunches and
odds. Players who can feel
the trend early are lucky and are very likely to
make money at the
game. Those players that are slow on the take
are not likely to be big
winners unless they happen into a monstrous run.
Pick the games you
play with some logic and not because it is the
open game you can see on
the floor or on the site.
Courage and being foolhardy are not the same.
Increasing your bet size
when the flow is your way takes courage, but is
not foolhardy.
Foolhardy is increasing your bet to try and get
even when you are
losing.
Play games with a low house edge and stay away
from sucker bets or
propositions. Many of the proposition bets are
very poor bets to make.
If the house edge were small they would not be
offered.
About the Author:
Adel Awwad is the webmaster of Firecasinos.com
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