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John G. Brokopp Gaming Guru  Be Prepared to Lose When You Gamble9 March 2011
By John G. Brokopp Losing your money during a session of casino gambling can be maddening, especially when you didn't even get a run for your hard earned bucks. Thoughts about what you could have done with that money start entering your mind. You leave the casino disgusted, disappointed, and probably mad for dropping a good chunk of your change. We've all been through it. But to be perfectly realistic about the entire situation, that's the price you pay for gambling. The old saying goes "you bets your money and you takes your chances". There is nothing guaranteed when you take a chance with your money, be it casino gambling, the horses, or even the stock market, mutual funds, or commodities. There's a price to be paid every time you put your money at risk in quest of financial gain. Sometimes you win, sometimes you lose, sometimes you break even. If you're willing to put the money up, you have to be willing to accept the consequences. That's the nature of gambling, no matter what form it may take. When you get right down to it, the only sure thing is to put your money in a piggy bank. It's not going to depreciate in value (unless inflation sets in), and it's not going to be lost unless someone steals it. On the other hand, it never has an opportunity to appreciate in value, be that in a savings account, the stock market, or to some degree, the casino. Gambling in a casino is just that, gambling. You have to be prepared to lose. The most important thing is that you have to be prepared to lose and not allow that loss to affect your financial stability. In other words, you can't go to a casino with "scared money." You can't go gambling with money that should be put towards groceries or bills and hope to double or triple it. Money you bring to a casino should be money you have allocated toward entertainment. Your entertainment dollars can take many forms: Dining out, the theater, the movies, a concert, sporting events, or however you chose to have fun with your expendable income. The value you place on that money should be returned to you in the enjoyment that you derived from it. If losing money during a session of casino gambling makes you mad, that's normal. Nobody likes to lose. But if losing money gambling hurts you financially or gives you feelings of guilt, then maybe you shouldn't be gambling in the first place. If you chose to gamble it should be for purposes of entertainment. If you break even, great. If you win, even better. If you lose, that's the chance you took. The one great thing about casino gambling is that you have a chance of a positive financial return in exchange for having a great time. You can derive tremendous fun and entertainment from a baseball game or a night at the theater, but the money you spent is gone for good. The exchange has been made. A casino gives you the opportunity to have a good time and get your money back or more. My advice is simple. To avoid disappointment and feelings of anger, only bet what you can afford to lose for an evening out. Don't lose 'till it hurts. On the contrary, win 'till it feels good. But if winning doesn't happen, consider that's the price you paid for taking your chances. You're not gambling to make a living. You're gambling to have a little fun. 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. Study up on Spanish 21 Before Playing2 March 2011
Spanish 21, or Spanish Blackjack, is a variation of traditional blackjack that is offered in many gaming jurisdictions around the country, including Las Vegas.
I've never had the inclination to sit down and play, thinking the game was just another gimmick used by casinos to relieve us of our gaming ... (read more)
Players Pay for Slot Machine Bonus Rounds23 February 2011
We all know what we're up against when we play the slots: A computer program that guarantees a profit for the casino. Players as a collective group are guaranteed to be returned a vast majority of the money the machine takes in. Only a select few share in the wealth. Remember, there are thousands of people who play the machine over the course of a year. ... (read more)
Table Games Give Casino Goers Welcome Relief16 February 2011
Visit any casino in the Chicago-area and the evidence is clear: Slot machines, both the traditional reel variety and the new wave of multi-line video version, dominate the gaming inventory.
Slot machines are the "cash cows" of the casino industry. All of the marketing energy, direct mail solicitations, ... (read more)
Video Poker for Thrifty GamblersThere’s no doubt video poker is one of the best casino games to play. Pay tables make some games better than others, but overall video poker is among your best gambling options. Unfortunately, the limited floor space at Chicago-area casino destinations (and in the ... (read more)Gambling Statistics Don't LieWhereas gambling enthusiasts may sometimes have to view casino advertising claims and marketing spins with a jaundiced eye, the statistics from the nine Illinois riverboat casino destinations that the Illinois Gaming Board publishes each month are straightforward. The most profitable table game in the state just happens to be blackjack. ... (read more)Confessions of a Craps PlayerI'll admit it right off the bat: I've never, ever made a "Don't" wager during all my years of playing craps. Not even once. But that situation will change in the near future. First, allow me to digress for the sake of explanation. Players may wager from two ... (read more)Craps Is Not As Intimidating As It LooksWhenever I have an opportunity to speak with people about gaming and the subject of craps comes up, somebody will invariably say: "I've always wanted to play the game, but I really know so little about it that I'm afraid to step up to the table." ... (read more)Learning about the Job of a Casino HostQuestion: What member of a casino's management team is a gambler most likely to come in contact with? Answer: A Casino Host. Outside of the dealers, casino hosts are perhaps the most visible and accessible of all casino employees. Casino hosts cultivate relationships with every level of player, from a ... (read more)John G. Brokopp |
John G. Brokopp |
