The difference between odds to win and house advantage is odds to win is the chance of you winning a particular bet, for example, in roulette if you play one number the odds of you winning are 1 in 38 spins (there are 38 possibilities 1-36 plus 0 and 00) or 2.63% of the time.
House [...]
CHIPS AT THE ROULETTE TABLE
Dec 11
In most casino table games when you buy in you are given chips (technically called checks) that have cash value, they generally come in color and denominations of; White $1, Red $5, Green $25, and Black $100, depending on the amount you buy in for the dealer will give you chips accordingly.
However, unlike the other [...]
THE GAME OF ROULETTE
Dec 10
The game of Roulette is fairly simple, there are 36 numbers (1-36) 18 of them are red and 18 of them are black, there are also two green numbers 0 and 00.
The dealer spins the wheel in one direction and the ball in another, whichever slot the ball lands in indicates the winning number and [...]
I recently got into a rather lengthy discussion with a friend of mine over a system he was playing at roulette.
He had come off two relatively good weekends playing some combination of black and odd after the red even numbers had come up two or three times in a row.
And try as I may, I [...]
THE GAMBLERS FALLACY
Nov 19
I have heard a lot of talk lately about the age old “Martingale Betting System”, mostly used in roulette, but designed for any bet that is close to a 50/50 proposition.
This is the one that says if you lose double your bet, and keep doubling it until you win…in theory and on the surface this [...]
CHARACTER
Nov 5
“The only difference between a winner and a loser is character”
-Nick “the Greek” Dandalos
New World College Dictionary defines character as: the pattern of behavior or personality found in an individual; moral strength; self-discipline, fortitude, etc.
Successful casino gambling definitely takes self discipline and fortitude.
I have seen many a loser in my day and they all have [...]
STYLES OF PLAY
Oct 29
Every gambler is a risk taker, if you didn’t take a risk it wouldn’t be gambling!
Webster’s New World College Dictionary defines gambling as: To play games of chance for money or some other stake; to take a risk in order to gain some advantage. They also define risk as: The chance of loss.
I mention this because [...]
