Nov 17

Shedding the Fear: Learn how to play Craps in 3 easy steps.

Learn How to Play Craps in 3 Easy StepsAre you one of those people who finds the Craps table entirely too intimidating to approach? Don’t worry, if that’s the case, you’re actually among the majority, especially when you consider most of today’s proficient craps players were once in the same boat.

I, myself, suffered from craps table anxiety. About 5 years ago, I took the advice of a very wise man. It’s the same advice I’m going to give you today. Because believe me, all it takes is a little knowledge and courage to become one of the exuberant participants you oft admire from afar.

How to Play Craps in 3 Easy Steps

I’m going to make the safe assumption that you know how to read. You’re reading this now, right? I’m also going to guess that you are familiar with the use of a website called Youtube. If I’m correct in both of these postulations, then congratulations—you can learn how to win craps the easy way.

Step 1: Read ‘Beat the Craps Out of the Casino

That’s right, I want you to get a book. I’m not going to sit and here and try to explain how to play Craps to you. Truth is, I’ve tried that before, but my teaching abilities are nowhere near that of legendary gambler Frank Scoblete, renowned author of Beat The Craps Out Of The Casino.

This is the book that taught me to play. It’s taught countless others, too, evident by the esteemed accolade of being the “#1 best-selling craps title of all time”. Frank knows the game inside and out, and he knows how to teach on a beginner level.

You can usually find Beat The Craps Out Of Casinos on Thriftbooks.com for $3-$4. If they’re out of stock, try Amazon, eBay, your local book store, even the library. Find it, get it, read it.

Step 2: Watch Michael Shackleford on Youtube

If you’re not familiar with the name Michael Shackleford, maybe you’ll know him by his online moniker, ‘The Wizard of Odds‘. No one knows game rules, odds, and etiquette better than the Wizard. Luckily for us, he’s made a series of Youtube videos to help spread his knowledge.

You’ll want to start with this one: Craps Part One – Approaching the Table

This video starts by removing the intimidating stigma around the game. It will teach you how to approach a table, when and how to buy chips, where to place them, how to bet them, and everything else newbies are too scared to ask in a live casino.

Step 3: Start Playing Craps

Now that you know how to play craps, it’s time to put all that knowledge to good use. Don’t get too eager, though. Craps is full of house bets, aka sucker bets. Start slow, only placing wagers with the lowest house edge.

I don’t recommend doing anything beyond the Pass Line, and a Place Bet on 6 or 8. Here’s why:

The Pass Line Bet is the base wager on a new shooters’ come out roll. If it’s a 7 or 11, you win. If it’s a 2, 3 or 12, you lose (“Crap Out”). But if it’s anything else, it establishes the roll as The Point. The bet then becomes a wager that The Point will roll again before a 7. If so, you win. If not, you lose (“Seven Out”).

A Place Bet on 6 or 8 is usually made after a Point is established. Place bets are said not to be “working” until after the come out roll. Once the Point is established, tell the dealer you want to bet on Place 6 and Place 8. These are two separate wagers, requiring two bets. Make your wagers in increments of $6 ($6, $12, $18, etc.) The 6 or 8 will pay out 7-to-6, and the dealer will round down to the nearest dollar on payouts. Fail to bet in 6s and you’re losing money.

Tip: Do not make the mistake of betting on Big 6 or Big 8. These are the exact same bets, but only pay even money, giving them a house edge of 9%. Stick to the Place 6 or 8, where the 7-to-6 pays deliver a much more affable 1.5% edge.

written by Grameister777 \\ tags: , , , , ,

Nov 13

Utilizing mindfulness to responsibly manage a casino gambling bankroll.

Utilizing Mindfulness to Responsibly Manage a Casino Gambling BankrollThroughout history, parents have been tasked with teaching their maturing children how to set and maintain a budget. Knowing what they have to spend, then assigning the proper amounts for bills and necessities, gives them an idea of what they have left over; the excess that serves as their miscellaneous and entertainment dollars.

Today, no one likes to hear the term “budget”. That word, to most young adults, is a bad word that loosely translates to “going without”. That’s never what it was meant to be. In fact, the whole purpose of budgeting is to segregate funds carefully so that one doesn’t have to go without. But regardless, the Millennial generation now has its own word for it. They prefer the new-age clinical term, “money mindfulness”.

Personally, I don’t care what you call it, so long as you’re practicing it. Being mindful of the money you have, and being able to make it last, with all bills paid, until the next pay day comes along, is the goal. And as successful as money mindfulness has been in teaching today’s latest generation of bill-payers to get the job done right, I do believe the same concept can be applied to cultivating responsibility in live and online casino gambling.

Applying Mindfulness to a Casino Gambling Bankroll

It is no secret that some people tend to lose sight of their finances when gambling at a casino. It’s so common that society has labels for these people. We call them ‘gambling addicts‘, ‘compulsive gamblers‘ or ‘problem gamblers‘. Once a person reaches this stage, they are considered unmitigable without extensive, long-term care.

I believe that teaching young gamblers about money mindfulness is not only a perfect preventative measure, but can also be effective in treating mild to moderate cases of compulsive gambling. You see, money mindfulness isn’t just about being mindful of your money. It’s about knowing how much one can safely spend, and meditating on the desire to properly manage that spending. It’s about training your brain to know when to stop, and to set off a mental alarm when that amount is reached; an alarm that’s so ingrained in the psyche, its toll supersedes any other compulsory brain functions.

Why Does Money Mindfulness Work?

Multiple scientific studies have documented the positive relationship between mindfulness and psychological health. The purpose of mindfulness and meditation, in any capacity or application, can be narrowed down to a single objective—to achieve freedom from mental anguish. Spending more than one can afford will certainly cause some mental anguish. Over-spending to a gross proportion, as problem gamblers often do, can result a complete mental breakdown.

Applying money mindfulness to a live or online casino gambling experience can be as simple as closing one’s eyes and taking a deep breath each time the stress of a loss or diminishing bankroll comes into play.

Being mindful helps players to recognize these moments, while that brief moment of meditation helps the moment to pass without resulting in a financially harmful decision. It can be the difference between walking out the door, or walking to the ATM machine; between closing an online casino app, or making another deposit.

Proven Applications of Money Mindfulness

Money mindfulness isn’t just a proven application for responsibly managing a casino gambling bankroll. It’s already helping countless people—especially younger generations—counter the effects of another syndrome. This one also goes by new-age clinical term, FOMO, an acronym for the “fear of missing out”.

Often propagated by social media, FOMO occurs when one sees what another has or does, and feels they must have or do it too; that they might otherwise miss out on some satisfying event. It can include things like purchasing a material object, going out to eat, to a club, or to see a movie.

Some of you older readers out there may recognize FOMO under another name, popularized prior to the advent of internet and social media. We called it “Keeping up with the Joneses”. Whatever you call it, suffers of this stressful disorder will find that it can debilitate their finances.

Clinical studies have shown success in treating FOMO with money mindfulness. Researchers have also seen success, albeit limited, in preventing/treating problem gambling through educating players as to their true odds of winning. I’d like to see a new study combines the two, harnessing the knowledge of odds, with the power of mindfulness and meditation.

written by Grameister777 \\ tags: , , , , , , , ,

Sep 26

False Gambling Strategies: Don’t fast play slot machines, it won’t help you win.

Fast Play Slot MachinesOver the weekend, I took a trip to the local casino to see if the slot machines would shine a little fortune upon me. They did not. Nor did they light up the purse of the lady next to me, who was drawing a lot more attention to herself than she probably realized. But I doubt she would have cared had she noticed. She was a woman on a mission!

It was one of the craziest things I’ve ever seen at a casino—and believe me, I’ve seen some crazy stuff. I was two seats over from her, with no one between us, so I had a clear view of the spectacle. This woman was smashing the spin button like there was no tomorrow. She was in a complete frenzy. For a moment, I wondered if they were filming another sequel to Speed, and there was a bomb set to go off if her spin-speed dropped below this insane level!

After this went on for a while, she stopped to catch her breath. Knowing my window of opportunity would be short, I leaned her way and asked if playing so quickly was doing her any good.

She said, “Oh yes! I always play like this. It helps me win.”

I told her that’s great, and asked how much she was up. Turns out she was down $45, but wholly confident she’d win it back as she rubbed her hands together just before hammering the button once more. I don’t know how much she lost, but she didn’t collect a ticket from the machine before she left about 20 minutes later.

I didn’t have the heart to tell her that she was committing one of the worst false gambling strategies.

Don’t Fast Play Slot Machines, it Won’t Help you Win

I’m assuming that, like other victims of this false strategy, she thought that she would be more likely to hit a big win if she stopped the game’s random number generator (RNG) as rapidly as possible. Unfortunately, that’s not how RNGs work.

The truth is in the name. They are “random”. They may produce a winning number algorithm, or a losing one, any time the button is pressed. How quickly you press it is irrelevant. It makes no difference whatsoever.

Winnings are determined by the game’s RTP, or return to player. Over the long term, the machine will pay its intended RTP, no matter what. Looking at it this way, you have to expect that you’re going to lose. If a game’s RTP is 88%, you should expect to lose 12% of your bets, and win back the other 88%.

Based on this mathematical theory of probability, playing fast is only working against you. Someone who plays the slots for $0.50 per play, spinning the reels 600 times per hour, will put $300 at risk every hour. A player who slows down and takes their time, playing the same $0.50 at 150 spins per hour, is only risking $75.

Fast play slot machines, and you’re only putting more of your bankroll in jeopardy. At 12%, the difference is a probable loss of $36/hr for the fast player, and just $9/hr for the player who takes their time and enjoys the experience.

written by Grameister777 \\ tags: , , , , ,

Sep 24

How many coins should I bet in multi-line / multi-coin slot machines?

How Many Coins Should I Bet in Multi-Line / Multi-Coin Slot Machines?We’ve all seen the slot machine banks in the casinos, sectioned off by bet size. Penny slots over here, nickel slots over there, $1 machines in the next area. So many people flock to the penny slots because they don’t want to spend too much. But when they get there, the games have 40 paylines and encourage you to bet 20 coins per line. Suddenly, that $0.01 slot machine turned into a potential $8/spin investment.

What do you do? Activating all lines at $0.01 will cost you $0.40 per spin. That’s the minimum for full line pays, and isn’t too bad. But doesn’t everyone say you have to ‘Bet Max‘ to get the best odds? Is the highest bet the right choice? Let’s take a closer look at how slot machine work, particularly where multi-line, multi-coin machines are involved.

Types of Multi-Line, Multi-Coin Slot Machines

There are two common types of slot machines that accept multiple coins per line. One type is called a Straight Multiplier, or ‘Equal Distribution‘ game. The other is commonly known as a Bonus Multiplier, or ‘Progressive Distribution‘ game.

Straight Multiplier Slots

These games will pay an amount equal to the 1-coin payout, multiplied by the number of coins wagered. Let’s say you line up a win worth a 10-coin payout. If you wagered 1 coin on that line, it would pay 10 coins. The chart below depicts how much you would win for betting a higher amount of coins. We’ll assume the max is 5 coins per line.

Coins Bet

Payout

Multiplier

1

10

10x

2

20

10x

3

30

10x

4

40

10x

5

50

10x

For these machines, there is absolutely no advantage to betting a higher amount of coins. The multiplier does not change, therefore the odds do not change.

Bonus Multiplier Slots

The paytable on these machines works a bit differently. Most bonus multiplier slots will only take a maximum of 3 or 5 coins per line. Betting the max coins will grant a higher payout ratio than any lesser number of coins. Using the same example as above…

Coins Bet

Payout

Multiplier

1

10

10x

2

20

10x

3

30

10x

4

40

10x

5

75

15x

This time, we see that the payout for betting the max 5 coins is elevated to 15x, awarding 75 coins instead of 50. In this case, you’re getting better odds for betting max coins.

Check Info for Progression in Slot Machine RTP

There is one other type of multi-line, multi-coin slot machine you may come across. They are less common, but can be found scattered throughout the game menus of online casinos. These games appear to offer equal distribution, but within their paytable information, you’ll find that the more coins you wager the higher the RTP rises.

The RTP is the theoretical return to player. Look at it as the opposite of the house edge. If the RTP is 96%, the house edge is 4%. This means the casino, over the long term, will keep 4% of all bets on the game, while players will (collectively) win back 96%.

If the RTP rises with bet size, the payout ratio will still be equal per coin bet. However, the actual odds of hitting those winning combinations can rise, giving the player an RTP of perhaps 97% or 98%. Therefore, it’s critical for players read the paytable information—all the way to the final page—before playing any multi-line, multi-coins slot machines.

written by Grameister777 \\ tags: , , , , , , ,

Aug 28

Online Casino Wagering Requirements: Calculating Bonus Playthrough

Online Casino Wagering RequirementsOnline casino bonuses are one of the primary attractions for players seeking out a new gaming site. Any player with a dash of experience understands that bonus credits aren’t exactly free. You can play the games with them, but in order to cash out any winnings, there are certain requirements that must be met.

Casinos call them “wagering requirements” or “playthrough”. Once these terms are met, most online gambling sites allow players to withdraw any remaining winnings from the bonus credits.

Online Casino Wagering Requirements

Every operator has its own policy on wagering requirements, or WR. You’ll find them in the bonus terms—a piece of fine print that every player must read, without exception. Knowing the rules of the bonus and WR will help you to clear it faster; preferably before those extra funds expire. The terms will also reveal the maximum amount of winnings you can withdraw from bonus play, if any.

Wagering requirements refer to the amount of money you must wager before you can withdraw the bonus. Average WR is 35x-40x the bonus, plus deposit you made to claim it.

For example, a $50 deposit with a 100% match bonus of $50 more comes to $100. At 35x WR, you would need to wager $3,500 (100 x 35 = 3500) to clear the bonus. If you have any winnings left after that, they’re yours to keep, wager with, or cash out as you please.

That’s the easy part…

Calculating Bonus Playthrough

This is where things can get tricky. Not all games count towards WR, and some will only count towards a certain percentage of WR. This information can also be found in the bonus terms and conditions, so make sure to look for the section on eligible games and WR contribution.

You should find that slot machines count 100% towards WR. In this case—using the same $50+$50 w/ 35x WR example above—you would need to bet $3,500 on the slot machines to clear the bonus. $100 x 35 = 3500. Simple enough to understand, right? But what if you want to play other games?

Some games might only count 10%, or just 2% towards WR. How much do you have to wager if you play those? I’m going to use the eligible games table from Royal Vegas Online Casino to explain how this works. Don’t worry, it’s not that hard. And every desktop or mobile device comes with a calculator, so make use of it.

Royal Vegas WR Contribution by Game

  • 100% All Slots, Keno & Scratch Card games

  • 8% All table pokers, all roulettes, all video/power Pokers (excluding All Aces and Jacks or Better video pokers), all blackjacks (excluding Classic Blackjack) and Casino War

  • 2% Classic Blackjacks, All Aces video pokers, all Jacks or Better video pokers

  • 0% all baccarats, all craps, Red Dog, Sic Bo

  • 0% All game play on MPV (Multiplayer Tournaments)

Here we see that slot machines, keno and scratch cards contribute 100% to WR. Good—that’s the easy one. But let’s say you want to play a blackjack game that counts 8%. Here’s how you’ll calculate that:

First, convert the percentage to a decimal.

8% = 0.08

Then calculate that by a $1 wager.

1 x .08 = $0.08

So, we know that every $1 wagered on blackjack counts as $0.08 towards WR. The necessary WR is $3,500, so if we divide 3,500 by $0.08…

3500 / .08 = 43,750

To complete 3,500 WR on blackjack games that count 8%, you will have to wager $43,750.

Maybe you enjoy video poker or classic blackjack. When played with perfect strategy, these have the highest theoretical return to player (RTP) of all casino games; hence the mere 2% contribution to WR.

Again, convert the percentage to a decimal.

2% = 0.02

Then, multiply for a $1 wager.

1 x .02 = 0.02

Every $1 wagered will contribute just $0.02 to WR. To complete 3,500 WR, divide…

3500 / .02 = 175,000

Don’t clean your glasses or adjust your screen. You read that correctly. You’ll need to place a whopping $175,000 in bets on video poker and/or classic blackjack to clear the online casino wagering requirements. Calculating bonus playthrough isn’t all that hard, and is a necessary skill when determining which games are worth playing, and which are not.

written by Grameister777 \\ tags: , , , , , , , , , , , ,

Aug 08

Games where online casino odds are better than land-based RTPs.

Games where Online Casino Odds are Better than Land-Based RTPsIt’s been said time and again; the odds at online casinos are better than those presented by land-based gambling establishments. This is a true statement. However, it doesn’t apply to all games. In fact, it only applies to a select few.

Today we’ll show you which casino games offer better odds online, and which ones don’t. We’ll also explain some other areas in which online casinos are better for players, and their bankrolls, despite having the exact same odds of actually winning (and losing).

Games where Online Casino Odds are Better

This category is surprisingly small. In fact, it only includes two types of games; slot machines and roulette tables.

Since the majority of casino goers play slot machines, this one is a big deal. Online slots really do pay out at a higher average RTP than their terrestrial counterparts.

In a land-based casino, you can expect the theoretical return to player, or RTP, to be set anywhere from 85% to 92%. In Nevada, the law only requires slot machines to pay a minimum 75%. However, with Las Vegas being such a competitive market, most casinos will install slots with at least an 85% payout rate. It’s rare to see anything higher than 92%, although it does happen on occasion.

Casino Games offer Better Odds OnlineOnline casinos, on the other hand, can afford to pay a lot more in winnings. They don’t have massive utility bills and payrolls to cover. The extra savings is passed on to customers by way of higher slots RTPs, averaging 96%-97%. However, progressive online slots—just like land-based progressives—are usually set with a lower RTP, for obvious reasons.

Roulette also falls into this category, simply because players have access to a wider variety of roulette variations. If your local casino only offers American roulette, you’re getting the worst odds available.

American roulette’s double zero (00) results in the highest possible RTP of 94.7% on even-money wagers. European roulette, featuring only a single zero (0), has a max RTP of 97.3% on the same bets. Players who dig deep enough to find an online roulette game featuring the La Partage rule can get the best online roulette odds of 98.65%.

All other common casino games present the exact same odds as their land-based twins. This goes for video poker, blackjack, baccarat, craps, and other table games.

Other Reasons Casino Games offer Better Odds Online

Sometimes it’s not just about how much you win or lose, but how much you spend in the process. It’s nearly impossible to visit a land-based casino without doling out additional expenses. You’ll have to fuel up your car to get there, if not pay for an expensive airline ticket. The food isn’t cheap, and even if you don’t pay travel expenses or get hungry/thirsty, you’ll still be subject to paying tips.

Online casinos have no added expenses. There’s no tipping the dealers, waitresses or valet attendants. Every dollar you have set aside for your gambling venture can go straight into your bankroll, ensuring a longer session with more chances to hit that lucky win, whether the online casino odds are higher for your favorite games or not.

written by Grameister777 \\ tags: , , , , , , , , , , , , , , ,

Aug 01

Casino Etiquette Rules: Asking the dealer for casino advice.

Asking the Dealer for Casino AdviceCasino etiquette is extremely important in the land-based gambling realm. No one wants to act like a fool, or make a dumb-ass move in public. Those who do usually suffer from nothing more than a sheer lack of experience. They just don’t know any better.

Today, we’ll be discussing one of the most common mistakes made by novicere players, especially at the blackjack tables. This isn’t just a land-based casino mistake. Many players have done this at live casino blackjack; a version played online via live-streaming video and audio.

I’m talking about knowing when it is and isn’t okay to ask the casino dealer for advice.

Asking the Dealer for Casino Advice

Time and again, I’ve seen this tip posted in beginner guides to gambling. They tell you that, if you’re not sure what the right move is, just ask the dealer. Blackjack dealers know the odds, and are fully capable of delivering sound advice. That’s 100% true. But is it good etiquette?

Unfortunately, it’s not. Asking the dealer whether you should hit, stand, split, double, or take insurance is not considered good casino etiquette. It’s not that they’re going to steer you in the wrong direction. Like I said, an experienced dealer knows the probabilities of the game, and they aren’t gunning for players to lose. In fact, they love to see players win. It creates a positive atmosphere, and often leads to good tips in their pockets. But it can also lead to a high-stress environment when probabilities don’t pan out.

If you ask the dealer whether you should hit 12 against their 5, they’re going to say, “No”. That’s a bad move. You should definitely stand. But if the dealer takes a card, gets another 5, and beats you with 20, what’s your reaction going to be?

Most people would just snap their fingers and move on, but not everyone. Some players may get angry, even belligerent, accusing the dealer of causing their loss. “If I’d hit, I would have gotten that 5 and stood on 17. This is your fault!”

I’m certainly not saying you would do this, but a dealer doesn’t know you from Adam. They don’t know how any player will react, and the last thing they want to do is deal with a hostile customer. Thus, it’s not fair of you, or anyone else, to put them in such a position.

When it’s Okay to Ask Casino Dealers for Advice

There is one particular situation where it is perfectly acceptable to ask for gambling advice. It’s not just acceptable, but expected from novitiates to the game. I’m referring to the game of Pai Gow Poker. In Pai Gow, player’s must set 7 cards into two hands, and each hand abide by specific rules (the 5-card hand must beat the 2-card hand).

In this game, there are even deeper rules to hand setting known as the ‘House Way‘. The dealer is required to abide by these rules, but players are not. If a player wants to comply with house way rules, they are welcome to do so. However, if they aren’t certain what the dealer would do in any given situation, they are perfectly welcome to ask. The dealer will oblige, and have your cards all set within a matter of seconds.

In this way, asking the dealer for casino advice is perfectly acceptable. If the player loses, it’s no harm, no foul. The dealer gave them the best odds of winning, for better or worse. As for any other game, it’s bad casino etiquette, so don’t do it. Learn the rules, build your own strategies, and figure it out for yourself.

written by Grameister777 \\ tags: , , , , , , , , , , , ,

Jul 17

The Market Marauders Approach to Gambling: Online casino games, sports books, or poker? Pick your digital poison.

Online Casino games, sports books or poker? Pick your digital poison.This may be the digital age—an age where the upcoming generation knows nothing of touch-tone phones, hard-cover dictionaries, or mechanized musical apparatus—but gambling existed long before the internet, or anything close to touch-screen technology. And yet, the forms of gambling enjoyed today are the same types our long-lost ancestors enjoyed centuries ago. We just enjoy them a bit differently, and with much greater ease of access. 

Online gambling opened a vast door of opportunities. The three most popular types of online gambling align closely with the most famous gambling amusements of old. Wagering on sporting events, or any competition of athletic prowess, was the first among them. Card games, much like the poker games played today, came after. Then, just a few short centuries ago, gambling was commercialized by way of casinos, with game variety evolving and expanding throughout the decades. 

Online Casino Games, Sports Books or Poker? Pick your Digital Poison

The internet made access to these games so invariably convenient. As a result, the number of casual gamblers has exploded. For so many, the idea of whether to place a wager is no longer the question, but rather on what to place a wager? 

Online Casino Games 

Casino games are perfect for those who have no exceptional passion, particularly for sports or mentally-extraneous poker games. The variety of gaming options is immense. They range from the easiest of games, like slot machines, to more complex titles with a multitude of betting options, such as craps and roulette. Card gaming enthusiasts will find no shortage of table games; things like blackjack, baccarat, pai gow poker, Caribbean stud, let ‘em ride, red dog, war, ultimate Texas holdem, the list goes on and on. And that doesn’t even include the array of single-player video poker variants on the market. 

If having a wide selection of entertainment suits your fancy, online casino games are a perfect choice. And another fascinating corollary of the internet is access limitless to tips, tricks and strategies to increase your odds of actually winning these games. You won’t sway the edge into your favor, but there’s nothing wrong with raising the odds. 

Online Sports Books 

The oldest gambling form in history, betting on sports contests has always been popular. It’s no surprise that more and more people are using their computers and smartphones to place bets than ever before. Where betting on the locally televised events was once fancied, the internet gave us access to wagers on every possible contest played around the globe. 

If you enjoy athletics in general, whether it be a particular sport or league, or anything worthy of ESPN coverage, sports books present the perfect opportunity to increase the action. If you happen to closely follow the sports and leagues you wager on, you’re already a step ahead of the game in making the best statistical picks. 

Online Poker Rooms

Unlike online casino games and sports betting, the popularity of poker is clearly a product of the world wide web. Before the internet came along, the World Series of Poker—the most prestigious poker event in the world—never once saw 400 players in the field. 

Then in 2000, when online poker was in its absolute infancy, interest began to rise, if ever so slightly, attracting a record field of 512. The next year, 613. And in 2003, when the first WSOP satellites were offered online, the crowd rose to 839. That was the same year Chris Moneymaker took a satellite entry all the way to the WSOP Championship bank for $2.5 million. His success encouraged a much larger field of over 2,500 players the following year. Since 2006, entries have fluctuated anywhere from 6,300, up to the current record of 8,773. 

But alas, poker is not a game for the faint of heart. One must master the skill of mathematics, or psychological warfare, to have any hope of survival. Those who master both… they are the freakishly successful pros we love (fear) and admire today. 

Of course, the choice is yours to make. Online casinos, sports books or poker? Only you can decide which is right for you. The best advice I can offer is to choose your gambling sites wisely, know the games you play, start small, and always be mindful of your budget. 

written by Grameister777 \\ tags: , , , , , , , , , , , , , , , ,

Jun 02

Cheap online casino games and why so many players love ’em!Cheap Online Casino Games

There are plenty of advantages to playing casino games online. They’re more convenient, they’re accessible anytime, anywhere, and they even pay better. Another reason so many players love them is because they’re so much cheaper.

Land-based casinos can be extremely expensive. Even before you walk in the door, your wallet is probably going to be lighter for having tipped the valet guy. If you get hungry, that’ll cost you, too. They may advertise free drinks, but they’re watered down, and they’ll cost you another tip every time you get one. And of course, the games themselves are more costly, especially if you like the tables. (Oh yeah, and there’s another tip, too!)

How Cheap are Online Casinos?

Unless you hit the Vegas Strip at happy hour, you’re going to be paying a minimum of $5 per hand at the blackjack tables or roulette wheel. Some casinos increase the lowest stakes to $10 or $15. And even at casinos that offer more budget-friendly stakes, chances are those tables will be full, forcing you to skip the action or play at higher limits.

Online casinos don’t work this way. They don’t have limited seating. They don’t care how much you’re betting, so long as a lot of people are betting. And the cheaper it is, the players they’ll attract. They know very well they’ll make their money—probably more than their bricks-and-mortar cousins.

For this reason, you can expect to find table minimums as low as $0.50, or maybe $1 at most. This goes for blackjack, roulette, craps, baccarat, etc. I’ve even seen a few that offer $0.10 blackjack games.

It’s not just the tables that are cheaper, either. You’ll have access to cheap slot machines and video poker machines, too. Land-based casinos do offer penny-slots, but their payouts are the worst.

Why Players Love Cheap Online Casino Games

Imagine how long a $20 bankroll will last playing blackjack at $0.10 per hand. Phenomenally longer than a $5 minimum at the local gambling hall! You could be wiped out in four hands flat. Even at $0.50 per bet, online blackjack games guarantee a minimum of 40 hands on a $20 bankroll. And that’s assuming you go on a horrible streak of bad luck and lose them all, which would take some really terrible decision making on your part.

As for the slot machines, would you rather spend a few cents to play a cheap slot with a theoretical return to player (RTP) of 85-88%, or one with an RTP of 96-98%? Only online casinos can offer cheap slots with such high payouts. It doesn’t cost them an arm and a leg to pay their utilities bills or payroll, and those savings are passed on to you, the player.

Another reason so many people love playing online is that it’s not just the cheap online casino games preserving their bankroll. There is no additional cost. No valets, cocktail waitresses or dealers to tip. No extra cost for food—open your refrigerator and indulge at will. Every dollar you have to spend on gambling can actually be spent on playing the games, meaning more chances to become one of the casino’s lucky winners.

written by Grameister777 \\ tags: , , , , , , , , , , , , ,

May 26

The trials and tribulations of online casino multi-accounting.

Online Casino Multi-Accounting IllegalSince the dawn of the internet, players have tried to find ways to cheat online casinos. One of the most common ways is to open multiple accounts. Doing so will, theoretically, give players access to more than one new player welcome bonus—historically the most generous bonus offer any online casino will present.

Offering to double, triple, even quadruple a new member’s first deposit is a very attractive promotion. Many player’s hope to hit a big win on that bonus, completing the wagering requirements and cashing out for a tidy sum. Unfortunately, the odds are rarely in the player’s favor. And when things don’t work out, some are tempted to sign up another account, and take another shot at it.

No ifs, ands, or buts about it—account cloning at online casinos is a bad idea!

Why Online Casino Multi-Accounting is a No-No

There’s one very simple answer… multi-accounting is illegal. There’s no real money casino site on the face of the planet that allows players to sign up more than one account. Those who are caught doing it could get in quite a bit of trouble, depending on how serious the operator takes it.

Within the terms and conditions of every online casino website is a clause that states a player may only have one account. In fact, in order to better detect and prevent multi-account violations, only one account per house-hold (physical address) may be opened. And, only one person is eligible to use the account.

So if your spouse or roommate wants to do some online gambling of their own, they’ll need to find some other casino website to do it at. If two people with the same address sign up to the same casino, the second account will probably be denied registration. If the registration succeeds, both accounts risk closure.

Consequences for Account Cloning at Online Casinos

The consequences for violating this rule can be anything from a slap on the wrist, to time behind bars. Yes, jail is an option, if the casino wants to pursue charges.

A slap on the wrist would be nothing more than immediate account closure, with the player’s funds returned to them. It’s up to the operator whether they want to return those funds, though. If they have any reason to believe you opened multiple account for the purpose of bonus abuse (claiming multiple welcome bonuses), they won’t likely return your balance. If they believe it was an innocent mistake (two people in the same house), you might get off easy.

Most gaming regulators provide operators with the right to press charges in serious cases. If a player is suspected of bonus abuse, the penalty could be a substantial fine and/or jail time.

So believe me when I tell you, online casino multi-accounting is not something you want to be accused of, or worse, convicted of. Online or on land, gambling is big business, and they take their services seriously. They won’t look kindly upon anyone attempting to cheat them out of money.

written by Grameister777 \\ tags: , , , , , , , , , ,