If You’re Gambling, Do It Right – When You’re Well Enough Ahead, Take the Money and Run

If you want to become a responsible gambler, try to exercise some discipline when you’re winning so you can leave a winner. It takes self control but believe me, you’ll feel a lot better when your cash out ticket(s) and/or chips tally up to a larger sum than what you walked in with.

The late Frank Lefty Rosenthal, a sports handicapper whose real life character was portrayed by Robert DeNiro in the movie Casino, once said during an interview, “When you’re gambling, it’s not hard to win, it’s hard to quit.”

If you have a circle of friends who visit casinos, you probably heard these responses time and time again when you asked, “how did you make out at the casino?” And with some hesitation it’s usually, “Well, we did OK.” Or,” We’re about even.” And then there’s, “I had a good run in blackjack but I lost it all on the slots”. Sometimes you’ll hear, “My husband won a little but I lost a lot.” Then there’s the best one all, “Hey, what the heck, we didn’t expect to win, we were just out for a good time.”

Just because your entertainment dollars are part of your disposable income doesn’t mean that you have to dispose of it so quickly at the casino. Sure you’re going to lose occasionally, but there are times when you’re going to win.

We’ve all seen casino advertisements that brag about their loose machines and generous odds. They boast about paying millions in winnings to players.That may be true but that does not mean that all those winnings ever left the casino.

Here are a few tips for you when it may be time to ponder, should I Take the Money and Run?

Before Playing

  • Keep your gambling dollars separate from your other money.
  • Set a win goal and a loss limit such as:
  1. Win Goal – When your session buy-in amount is doubled
  2. Loss Limit – When your session buy-in amount is lost

When Playing

When your in the casino and ready to play, think about trying the following with your budget:

YOUR MACHINE BUDGET – Consider dividing it into separate sessions. For example, if you’re playing three credit quarter slots with a $100 budget, break it up into five $20 deposits instead of putting the entire hundred into the machine. If you hit a payout or payouts that double deposit amount, ($40) Cash out the ticket right away. Take a little break before you continue gaming.You’ll feel good with that extra $20 in your pocket or purse when you’re not playing.

YOUR TABLE BUDGET – Consider buying in for at least 20 times the table minimum for each session. For example, buy-in for $200 at a $10 minimum blackjack table. The same applies when playing other card games, roulette, or craps. While playing, try separating the chips that you won from the buy-in chips. Only bet with the original units. If you’re having a decent run and the winning stack is at least double the buy-in, tip your friendly dealer and say goodnight. If you lose the $200, just say bye bye!

Remember, the house edge always belongs to the casino over the long term. When there’s an opportunity to pick up winnings in the short run, take advantage of it. Remember, responsible gambling money management is to Take the Money and Run! Good Luck!

Bring Live Casino Gaming Home with Internet Gambling

If, for you, the worst part about going to online casinos is leaving then your sorrows are over. With online casinos you can bring the excitement of live casinos home with you! Online casino software emulates real casino games so well that you may even forget that you are in your own home and not in Las Vegas! Online casinos have everything that live casinos have to offer, so the next time that the urge strikes you to head to Caesar’s Palace all you have to do is turn on your computer.

An online casino is not so different from a live casino. When you play online you can choose from all of your favorite gambling games. Online casinos offer virtually any casino game you can think of including, but not limited to, slot machines, video poker, regular poker, blackjack, baccarat, keno, roulette, craps and even bingo! The games are played by the same rules as in live casinos and online gambling software is even designed to look just like real casino games! Some Internet casino websites even offer software in which you have a character that must walk around a three-dimensional casino space with other players and choose your games.

It is the belief of many gambling enthusiasts that online casino games are not as exciting as real live casinos because when you play online you are sitting by yourself at your computer and there is no interaction with other players. This is not the case at all! In fact, most Internet casino sites encourage interaction between players, especially in multiplayer games like blackjack, craps and poker.

There are also tournaments in which players compete against each other in all forms of casino games, including slot machines. Online casino tournaments can be a fantastic social experience! When you play in online casino tournaments you pay an entry fee. For this fee you receive a predetermined amount of chips. Each player receives the same number of chips and has a specific amount of time in which they may play slots machines or poker or roulette or whichever game is specified by the tournament. At the end of the allotted time the player who has the most chips is the winner. The prize pot is made up of player entry fees and can be quite large depending on the number of players. Additionally, interaction is encouraged during the tournament through chat software and can make online tournaments a fantastic social experience.

As you can see, gambling online can be just as fun and exciting as playing in live casinos. The best part is you don’t have to book a plane ticket or even leave the comfort of your own home! If you have a computer and Internet access you can participate in Internet gambling twenty-four hours a day, seven days a week! All you have to do is choose a casino online and start playing and you’ll never be sad about leaving the casino again!

Gambling Jargon: Know the Lingo to Do the Deeds! Here’s the Jargon for Popular Table Games

Don’t be left out when playing games in the casino! Learn gambling vocabulary as you learn the games. It’s important to understand this so you won’t feel like a novice when playing table games.To get you started, here is the meaning of some of the terminology used in popular gambling games:

BLACKJACK

Basic Strategy – Plays you should make to maximize your advantage

Burn Cards – Removed cards after the shuffle

Bust/Break – Exceeding a hand total of 21

Card Counting – Memorizing played cards with an assigned value

Color Up – Cashing in your chips

Double Down – To double your initial bet following the initial 2 card deal

Even Money – Cashing in your bet for a 1/1 payout when you have a blackjack against a dealer ace

Face Cards – Jacks, Queens, Kings (AKA picture cards)

First Base – First seat to the dealer’s left

Hit/Draw – Calling for another card to add to your hand

Hole Card – The dealer’s face down card

Insurance – A side bet for the player when the dealer has an ace showing

Pat Hand – A had worth at least 17 points

Push/Tie – Player and dealer with the same hand total

Shoe – A device used for holding and dispensing cards

Soft Hand- A hand with an ace counted as 11 or 1

Stiff Hand – A hand with little chance of winning if hit

Surrender – Giving u your hand to lose one half of your bet

Third base – Last seat to the dealer’s right

Up Card – Dealer’s first dealt card face up

CRAPS

Any Craps – A dice total of 2, 3, or 12

Big Red – a bet in the Any Seven box

Boxcars – When the dice total 12

Capped Dice – Crooked dice

Cold Table – When most shooters are not winning

Come Bet – A bet made after the point is established

Come Out Roll – First roll of the dice in a round

Don’t Come Bet – A bet made after the point is established (Outcome is opposite of the Come Bet)

Don’t Pass Bet – Betting against the shooter before the Come Out Roll

Free Odds – An additional bet behind the Pass Line Bet taken at true odds

George – A good tipper

Hardway – A 4,6,8,10 thrown as pairs

Place Bet- Betting that a place number (4-6, 8-10) will be thrown before a 7

Point Number – One of the numbers 4-6, 8-10 made on the come out roll

Press A Bet – To double your bet amount

Proposition Bets – (AKA Prop Bets) one roll and Hardway bets

Right Bettor – Betting that the shooter will win

Seven Out – When a 7 is rolled before the point number

Shooter – Player currently rolling the dice

Snake Eyes – When the dice total 2

Stiff – A poor tipper

Toke – A tip given to the dealer

Vigorish – ( AKA Vig) commission taken by the house

Wrong Bettor – Betting that the shooter will lose

Yo – The number 11 (AKA Yo-Leven)

POKER (TEXAS HOLD’EM STYLE)

Aces Up – A pair of Aces with another pair

All In – Betting all your remaining chips

Ante – The opening bet before dealing begins

Belly Buster – An inside straight draw

Big Slick – An Ace and a King

Blinds – 2 forced bets before any cards are dealt (small blind & big blind)

Boat – Slang for a Full House

Broadway – The highest straight possible with mixed suits, 10, J, Q, K, A

Button – A disk placed in front of a player acting as the dealer

Bullets – A pair of Aces

Call – To match the current bet

Check – To defer making a bet until another player does

Cowboys – Slang for a pair of Kings

Dead Hand – A hand with no chance of winning

Donkey/Fish – A bad player

Drawing Dead – A hand that will lose even if it improves

Flop – The first 3 community cards

Flush – 5 cards of the same suit

Full House – (AKA Boat ) 3 of one kind and 2 of another

Kicker – The highest unpaired card in a hand

Ladies – Slang for a pair of Queens

Muck – Face down discarded hands

Nuts – The highest possible hand

Overcard – A card that is higher than another

Quads- 4 of a kind

Rag(s) – Cards that add no value to your hand

Rainbow – Cards with different suits

River – The 5th and final community card

Rounder – One who makes a living at playing cards

Royal Flush – The highest hand possible, a suited 10, J, Q, K, A

Set/Trips – 3 of a kind

Short Stack – Having the fewest chips at the table

Straight Flush – 5 suited cards in sequential order

Tells – Behavior that gives other players information about how you might play your hand

Tight – Someone who only plays premium hands

Tilt – Desperate to re-coup losses, causing bad decisions

Turn – The 4th community card

Under the Gun – First player to bet after the big blind

Wheel – The lowest straight possible with mixed suits A, 2, 3, 4,5

Wired – A pair dealt in the first 2 cards

So there you have it. Learning this jargon will assist you on your path to becoming a seasoned responsible gambler. Good Luck!