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Best of John Marchel

Gaming Guru

 

How to improve your win rate

7 September 2019

I have a saying that I tell my friends and students: “When I win the lottery, I’m not going to play in a casino. I’m going to buy a casino.”

During my many visits to casinos around the country and the world, I can’t understand how so many players can make so many mistakes in the way they play, and then charge it up to bad luck.

If you want to play golf, tennis or bowling, you might start with a book about the game. Maybe you would take lessons from the club pro or find someone who you know is very good at it. Maybe join a bowling club or office team.

The same should be done when it comes to gambling. I don’t expect you to change your career and become a professional player just because you go to a casino four or five times a year. However, there are lots of things you can do without going overboard to improve your level of play.

Follow what's coming next:

BET YOU DIDN'T KNOW

  • You must play the right games: Blackjack, video poker, live poker, sports betting, and horse racing are the only five games where a knowledgeable player can move the odds away from house in favor of the player. It takes some work, like learning basic strategy for blackjack, or handicapping for sports betting and horse racing. But, it will pay off on your win-rate.

  • You must set win-loss goals: You can’t expect to win every hand or session, but you can lose every session. Set a 50% win or loss rate based on the amount you enter the session with. Don’t do like most players and play until you’re out of chips.

  • You must be at your best, physically and mentally. You got up early to get ready for a trip to the airport, for a 5- or 6-hour trip to Las Vegas. Two more hours of taxi ride to the hotel and check in. You finally get to casino area and you find yourself hungry and very tied. Now you are on the way of making 60-100 quick financial decisions for the next hour. Are you on top of your game right now? Maybe a quick nape and something light to eat will get you on your game. Pace yourself, there is always tomorrow.

  • You must establish a budget for each gambling trip. Let’s say you are going to Lake Tahoe for a three-day holiday. You budget is $500 for gambling for the trip. You divide by three (three days), you divide by three again, (morning, afternoon, and evening sessions) that gives you nine playing events. You have a maximum of $55 to play each session. You can’t expect to win all nine sessions. So, if you lose your total buy-in don’t use money to re-buy, quit for that period. If you start using additional session money, you won’t have enough chips to play all nine.

  • You must not be afraid to move to another game. In real-estate it’s called location, location, location. Occasionally, when gambling, it’s called: move, move, move. As a player, I’ve experienced times where I couldn’t win no matter how I played. Then it was time to move to another table or pit. Then I would win five and, lose one and win another five before a loss. If things are going bad and you can’t catch good throws of the dice or decent cards, then moving might help. Don’t stay were you are – move!

  • You must try to play at the right casinos. Today, with the aid of the Internet, you can look up sites that provide information about casino rules, what the minimal and maximum table rates are, what types of games are available, how many tables, and much more. Take advantage of information already out there.

  • You must understand how to handle your money. Besides knowing the rules and how to play each game, the second most important skill is managing your bankroll. With a $50 or $100 bankroll, you wouldn’t buy-in at a $25 blackjack game or craps table. Establish win-loss benchmarks. Don’t forget to separate traveling expenses from gambling expenses (you can’t expect to survive on all those “free drinks” the casino provides). Money management is an important item in your gaming education. Learn some basics, it will help you!
Recent Articles
Best of John Marchel
John Marchel
John Marchel is an author, speaker, teacher and player -- what John plays are casino games. He’s been a casino player for over 25 years and has played successfully in Europe, Panama, the Caribbean, Canada, Atlantic City, Las Vegas, on Indian reservations, cruise ships and in over 350 casinos throughout the US. He is also the author of six books about gambling, and has written numerous magazine articles and is currently a columnist for three gambling magazines and one internet magazine.

Since 1988 John has combined his experience as a manager, teacher and player to present seminars and lectures about gambling. In addition, John has had an Internet website since 1995 that offers books, special reports and tips about gambling. He also publishes a monthly Internet gambling newsletter. The newsletter keeps subscribers alert to trends, information and winning techniques that allows them to be more successful when visiting casinos.

John Marchel Websites:

johnmarchelgambling.com

Books by John Marchel:

101 Casino Gambling Tips: Affordable Strategies & Techniques for Maximizing Profits & Reducing Loses

> More Books By John Marchel

John Marchel
John Marchel is an author, speaker, teacher and player -- what John plays are casino games. He’s been a casino player for over 25 years and has played successfully in Europe, Panama, the Caribbean, Canada, Atlantic City, Las Vegas, on Indian reservations, cruise ships and in over 350 casinos throughout the US. He is also the author of six books about gambling, and has written numerous magazine articles and is currently a columnist for three gambling magazines and one internet magazine.

Since 1988 John has combined his experience as a manager, teacher and player to present seminars and lectures about gambling. In addition, John has had an Internet website since 1995 that offers books, special reports and tips about gambling. He also publishes a monthly Internet gambling newsletter. The newsletter keeps subscribers alert to trends, information and winning techniques that allows them to be more successful when visiting casinos.

John Marchel Websites:

johnmarchelgambling.com

Books by John Marchel:

101 Casino Gambling Tips: Affordable Strategies & Techniques for Maximizing Profits & Reducing Loses

> More Books By John Marchel