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25 April 2024

CINDY: We tend to give our advice for the average, mostly close to low-rolling players. There’s little reason not to do this since the overwhelming majority of players are in the lower-rolling categories.

ABBY: How to play the table games is basically cut and dried. There are good strategies and bad strategies and it doesn’t really matter whether you are betting \$10-\$25 per decision or whether you are betting \$100 to \$1000 or more per decision. You must use the best strategies to give yourself a chance over any sane period of time in order to come out ahead.

CINDY: In blackjack, you must play the basic strategy; in craps you must make the best bets. That’s that. Every game has a preferred way to play it and that “preferred” way is the most mathematically best way to play that game. If you argue with that you are arguing to lose more money than you have to over whatever time you lose that money.

ABBY: Too many players seem to be almost asking to lose more money than they should – why that is could be a combination of arrogance or a lack of knowledge, not truly understanding what actually goes on in the games they like or love to play. Why does the casino win over most lengths or time and the players lose? What causes that?

CINDY: We know roulette players who have no idea how roulette gets the mathematical edge over them. I first found that amazing when I started playing that game. “Sir, you don’t know why the casino has an edge over you in roulette? Seriously? Sir, it is very simple; the casino doesn’t pay back the true odds of the bet.” Sir’s response was usually “huh?”

ABBY: If you bet a number at roulette, you have 38 possible choices: numbers 1-36 and the green 0 or green 00.

CINDY: This is on the American double-zero roulette wheel.

ABBY: You therefore have 37 possible losses if you bet a single number and one possible win. The true odds of that bet are 37 to 1. You will lose 37 times and win once. The true payout on a win should be \$37 for every dollar wagered. The player and the casino come out even over time – however much time that takes.

CINDY: The casino can’t win money if it pays off the true odds of a bet in this case. Instead, the casino pays off at \$35 to a one-dollar wager. It keeps two of the true odds win for itself. That generates a house edge of 5.26 percent – the percentage that a roulette player will pay on every bet he or she makes.

ABBY: Every game is structured in that way, not paying a win correctly, or the casino simply wins more decisions over the player, like the pass-line and come bets at craps. Those are the two ways the casino wins the players’ money.

CINDY: You can’t escape the house edge. That’s a fact. Low-rollers, high rollers, and every roller in-between, is rowing in the same boat no matter how much they bet. The house edge hovers over them.

ABBY: But high rollers have some things that set them apart from the rest of us. Yes, they bet substantially more money but their comps can be in the amazingly large range, a larger range than Cindy and me, that’s for sure.

CINDY: Next week, what do those really high rollers get?

ABBY: Stay tuned.
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Best of Royal Flushes
Royal Flushes

Abby Royal is a lawyer and Cindy Royal is a school administrator. Together, they are the Royal Flushes. The sisters play weekly or bi-weekly in such venues as Atlantic City, Las Vegas, Pennsylvania and Indian casinos throughout the country. They also enjoy the casinos on cruise ships. They know their stuff and have some great stories about their exploits.
Royal Flushes
Abby Royal is a lawyer and Cindy Royal is a school administrator. Together, they are the Royal Flushes. The sisters play weekly or bi-weekly in such venues as Atlantic City, Las Vegas, Pennsylvania and Indian casinos throughout the country. They also enjoy the casinos on cruise ships. They know their stuff and have some great stories about their exploits.