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Gaming Guru  Protecting Slot Cash13 April 2021
By Frank Scoblete No one wants to see their bankrolls hammered but unfortunately many aggressive slot players face such a prospect. Players need to exercise two aspects to their slot play to survive without taking regular beatings. The first is to have the proper strategy and know which machines to play and the second is to practice a serious form of money management. There are many players who think that money management principles constitute an advantage form of play at slot machines and even at table games. This is not so. Money management concerns how one attempts to preserve one’s bankroll in the face of the house’s edge over the player. In short, how do you lose less? Proper strategies and strong machine selection principles, while not advantage techniques at slot machines (except for the small percentage of banking machines that might still exist here and there – see my book Slots Conquest), can go a long way in reducing the overall hit on your money. Interestingly enough, the ideas I am going to present to you will combine in one smooth way both money management and proper slot play and prediction – something rarely done in slot advice. What machines should you pick to play? I am going to go against the grain in my first principle of machine selection. Most published advice tells players to play maximum coin in the machines to get the benefit of the major jackpot payouts. Except for progressive machines and huge mega-money machines, full coin really doesn’t get you much more money than one coin. It just costs you a lot more. That’s correct; one coin at a time saves you a lot of money over a lifetime of play. Just take something simple such as the traditional three-coin machine. If you play one coin you are sparing yourself almost three times the expected losses. Yes, the jackpot might not be as big on such a win but who cares? By reducing the hit on your bankroll by almost two-thirds, you have saved yourself a possible bundle of money. By playing one coin you can still play for the length of time you desire but not spend such a large amount of money. That is a very good thing if you ask me. Next, try to select machines that do not give you a bigger than normal jackpot. So if the jackpot on one coin in a traditional machine is 200 units and on two coins is 400 units and on three coins it is 600 units, the machine is not even giving you a small increase in the big jackpot hit. So that machine is totally perfect for the one-coin type of play. Which machines not to play If you take a look at the paybacks for the various denomination machines, you will note that various denominations have average paybacks of between 88 percent on the five cent and ten cent machines, all the way up to about 95 percent on $5 and more machines. Now just wait on that. Would a progressive machine such as Megabucks give back as much as an in-house non-progressive machine when such large progressives have to withhold quite a bit of money to generate such a huge jackpot? The answer is no. Progressives are at the low end of machine paybacks in their given denominations. If a given denomination is returning let us say 92 percent, the progressives may be returning only 86 to 88 percent. If you play the non-progressives you would then be getting better than its average payback of 92 percent. So that means no progressives for us. Take your time when playing What’s your rush? You might note that you have a tendency to play faster the longer you’ve been at the machines. That is a danger many slot players face. Why such a rush? Slow down. The casino isn’t going anywhere so take a deep breath every now and then and don’t rush your speed. Leisurely and relaxed is the style of proper play. Handling your cash Each session give yourself a certain amount with which to play in the machines. If you are staying at a casino for two days and your bankroll is $2,000, divide that in half. Each day you now have $1,000 with which to play. On the day of play decide how many sessions you wish to play. If you decide on four then divide your $1,000 into $250 segments. If you are playing quarters (which you should be) then you have 250 decisions if you play 25 cents on each decision. By playing eight decisions a minute, you will spend two dollars a minute. You can play almost two hours by just putting your $250 through the machine one time. Once each coin has been played once, take a break and give yourself some time before your next session. Whatever money you have won or have left over after a session is to be put aside and not be used again on this trip. And that’s it. Good machine selection and proper handling of money is the best way to go against those machines. All the best in and out of the casinos! Visit Frank Scoblete’s web site at www.frankscoblete.com. His books are available on smile.Amazon.com, Barnes and Noble, kindle, e-books and at bookstores. This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. I Misspoke6 April 2021
Most of the time when you go to the casinos you have fun. You have ups, you have downs, you have great meals, you see some fun shows, and in short, you experience the works. You go home and soon look forward to your next trip to the temple of Lady Luck. I have been going to casinos for over three decades, ... (read more)
Regressive Betting30 March 2021
Last week I wrote about positive progressive betting; that is, increasing one’s bet when things have been positive for you up till that time. Today I write about regressive betting – which could be a positive experience or a negative experience or a horrendously negative experience. Let’s start with the possible good for this type of wagering. ... (read more)
Positive Progressions23 March 2021
How many times have you heard players say that they just can’t seem to take advantage of their good luck while other players are raking it in? I got plenty of emails over the years wanting to know when they should “jump on it.” Usually these questions have to do with when to increase one’s wager since a hot streak has been occurring. ... (read more)
Ask Frank: Spanish 21 StrategyHello there, Living in Canada, I find that the rules are more liberal here than at other casino locales, such as the dealer standing on all 17s for Spanish Blackjack. In your book, Armada Strategies for Spanish 21, there is only a strategy for when the dealer hits soft 17... (read more)Ask Frank (Playing Winning Craps)Dear Mr. Scoblete: In your book Forever Craps, you recommend to play one Don't Come bet per shooter without odds in order to reduce your exposure to the house. I usually play at casinos that count the spread and odds. If I play one ... (read more)Bad Ways to Play Good Casino GamesYou've met this guy before. He's cantankerous, witless, and loud. He knows everything about everything when it comes to casino games. He's a self-made expert who knows more than all writers and mathematicians combined, and as he doubles on his thirteen against the dealer's ... (read more)The Craps to English DictionaryCraps is another country, a kingdom with its own mores, legends, myths, rites, rituals, superstitions and government. It also has its own language, much of it easily misunderstood as sexual or scatological references. For those of you interested in journeying to this other ... (read more)Craps Crap and Craps Gold - Part 1What do the following sayings have in common? "An apple a day keeps the doctor away." "Better late than never." "High fences make good neighbors." "Always play the Pass/Come and take full odds." Answer: The above statements are true. Yes, some people might quibble and say that you can eat as ... (read more)Frank Scoblete |
Frank Scoblete |
