Tuesday, May 15, 2007

Tips for the Vacationing Las Vegas Gambler

This article is for the vacationer who comes to Las Vegas for fun with casino gambling. It is for the vacationer who wants to enjoy the glitzy, kitschy, glamorous, and downright outrageous things Las Vegas has to offer.

Casinos don't cheat, because they don't have to. Statistics are in favor of the house; it is not in favor of the player, because the longer a gambler plays, the more likely he/she is to lose.

Roulette has a 5.26% mathematical advantage. If a gambler plays 1,000 spins on roulette betting on red every time at $1.00 a spin, he/she can expect to win 475 times and he/she can expect to lose 525 times. He/she can expect to lose $50.00. Expected loss can be calculated by the amount a gambler wagering per hand times the hand played per hour times the amount of hand played times the house statistical edge for a particular game will equal his/her expected loss. (Amount waged per hand X Hands per hour X Hours played X House edge = Expected Loss).

To try to come out ahead, a gambler should play games with the smallest house edge like blackjack, craps, and baccarat that have lower house edges than roulette and slot machines. A few casinos offer free lessons how to play them. Slot machines have a high house edge that takes away a gambler's money with the blink of an eye.

A gambler should make a small number of bets. The more bets a gambler makes, the more he/she is exposed to the house's edge. Slots are the worst, because they are played so quickly; lots of bets in a short amount of time. To win, a gambler must quit while he/she is ahead. The odds are against a gambler the more he/she plays. Quitting while ahead is the only way to be a winner.

Even if the odds are against a gambler, he/she can still win in the short term. Even if a gambler is hoping to win in the short term, he/she should still look for games with the lowest house edge. The house constantly takes away a gambler's money. The higher the house edge, the less time a gambler's money will last. The longer a gambler's money lasts the more chance he/she has to win.

A vacationer should look at casino gambling as fun and budget just so much entertainment money for it, and quit when the budget is depleted. A gambler can always walk away a winner when he/she is ahead of his/her budget.

A person must be 21 to gamble. The casinos follow the law strictly. Recently, the papers carried a story of an eighteen year old who won a million dollar jackpot on a slot machine. The casino would not pay because he was not 21. He took the case to the Nevada Supreme Court and lost it. The United States Supreme Court refused to hear the case. Eighteen year olds may be legal adults in Nevada, but they still can't gamble.

A person must be 21 to gamble, but there is no reason to leave the kids home. There are lots for young people to do here. Some of the free exhibits and demonstrations that our kids like and keep wanting to go back to are the fishing demonstrations, the martial arts demonstrations, skydiving demonstrations, and the Treasury Island pirate battle shows. It is hard for a vacationing kid to become bored in Las Vegas

Las Vegas is not a cheap place for the vacationer. It is a downer when vacationers must leave Las Vegas earlier than planned because of high prices and not from losing their money from gambling A vacationer can avoid this mishap with some study and planning outlined by the locals who live and work here

The vacationer should have directories of pet friendly hotels, child friendly hotels, Las Vegas RV parks, and airline consolidators. The vacationer should know how to avoid paying cover charges at night clubs and getting ripped off by taxi drivers. To save money, the vacationer should know free hotel attractions, free tours, free exhibits, free demonstrations, free family entertainment, free museums, and free adult entertainment.

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