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During your Vegas vacation, nothing is worse than going broke the first day. Sadly, that’s what happens to many visitors, especially those who don’t plan and properly budget their trip. As a result, they either spend half of their gambling vacation doing things other than gambling or they make so many trips to the ATM machine that they effectively double …
No one can control the outcome of a craps dice roll (assuming legal dice are used). No one! And that includes all the dice-control hustlers on the Internet trying to convince you that their “proven” methods can give you a leg up on the casino (refer to our other lesson on dice control for all you need to know about …
ew things make you feel as lousy as when you’re playing the Pass Line at a cold craps table. The distribution variance has turned against you and nothing goes your way as you lose every bet you make. You begin thinking that the casino made some kind of deal with the devil to make the dice land every which way …
Let’s be clear from the start. “Dice control” or “dice setting” is pure nonsense. Anyone who says or writes otherwise is either too stupid to know better or trying to dupe you into transferring your money from your pocket to their pocket. Think with a clear head. Stop letting your burning desire to make a quick and easy buck cloud …
Most so-called gambling “experts” agree that we should always set win/loss limits and have the discipline to stick to them. I don’t agree with the word “always,” particularly with win limits. I believe it’s important to evaluate your circumstances and make a reasoned judgment call on whether to quit while you’re ahead. I do believe loss limits are important so …
Don’t ever let yourself get sucked in by idea behind the “gambler’s fallacy,” whether it’s online craps, roulette, or any casino game of chance. If you do, you’ll fall right into the casino’s trap. People who don’t understand statistics generally don’t understand the concept. If that’s you, then you must accept the facts as presented in this article, even if …
Most craps dealers are good in terms of skill, speed, accuracy, and personality; however, they’re human and even the best ones make mistakes. Get in the habit of paying attention to your chips on the table. This article applies only when playing at a live table, which means the material presented in this article describes yet another advantage of playing …
Just as you’ll experience hot rolls at the table where you can win gobs of money, you’ll also experience cold streaks where you might lose a big chunk of your buy-in. Don’t let those cold streaks discourage you. The key is to minimize your losses during the cold streaks and maximize your winnings during the hot ones, which is the …
“Hedging” is when a player makes one bet with the false belief that it can “protect” another bet. The player’s naive logic is that it’s like diversifying his investment portfolio when he buys bonds to “protect” against losses he might experience with stocks (i.e., if his stocks go down and his bonds go up, then the net effect is no …
Nowadays, as long as you play at a reputable casino, you don’t have to worry about crooked dice that favor the casino. Generally, casinos are strictly controlled by government regulatory agencies and it’s not worth it to the casino to risk getting caught cheating its customers. Depending on the severity of the infraction, the casino could lose its operating license, …
