Casinos are rarely as lavish or exciting as the movies make them out to be.
Movies like Ocean's 11, Casino, Rounders, and James Bond make it seem like an exhilarating experience. Growing up on such movies tainted my first experience gambling in a casino. I walked in thinking I was about to have hours of fun on my $100 budget.
Instead, I lost it all on the slots in about 10 minutes. Ouch!
We've put together some best practices and tips to give you a better understanding and increased chances to win while making the most of your first casino experience. Whether you're in Vegas, playing video poker in a bar, or online gambling via an online casino, we've got you covered.
Before you go
Set your budget for the amount of money you can spend before you go, and stick to it. If you cannot afford to lose the money you bring, then you shouldn't be gambling. We recommend you leave your credit and debit cards at home, if possible, so as not to be tempted to play more money.
The most important thing to understand before you even set foot inside the casino is this: The house always has the advantage.
Your chances of walking out richer are very low. But, by playing smart and doing your homework beforehand, you can raise your chances of getting ahead.
While it's best you learn how to play the games at home before going to the casino, it's possible to walk in and play any game without having any prior knowledge of how it works. You can approach tables and let the dealer know you want to play but don't know how, and they will instruct you on the basics to play.
However, as proper etiquette, it is best to try this at the least crowded table so as not to disrupt current players.
It's no fun getting yelled at by a pit boss or dealer for doing something wrong. And because of cheating, the rules in casinos can be strict.
Never take your phone out when playing a table.
Never sit at a table unless you are playing.
When it comes to your chips, never touch them once they are on the tablet; and likewise, don't touch your chip earnings until the dealer is done handing them all to you.
When tipping, always do so in chips, never cash.
It's customary to tip on each win and then again when you leave the table.
Many casinos have incentive/rewards programs you can join and are often free. They offer things such as bonus chips, free plays, vouchers for dining or hotels, and so on. It's always best practice to check out the website of the casino you plan to visit beforehand to see if they offer any incentives.
Although the slot machines are the easiest and most popular games to play at casinos, they have the highest house edge (the casino's advantage to each game).
Slot machines usually have a typical house edge of anywhere as low as 2% and as high as 15%.
The good news for beginners: everyone has the same chance of winning, so there's zero skill required to play. However, having a better understanding of the types of slots and strategies used may help you walk away happy.
It can be overwhelming walking into a casino and seeing hundreds of different brightly lit flashing slot machines all around you. Which one do you choose? Is one better than the other?
To start, it's good to know the different types of slot machines found in a casino. They are the classic three-line slots, five real slots with multiple pay lines, and progressive slots. With progressive slots, the jackpot continuously grows until someone hits it, similar to the lottery. An important takeaway from progressive slots is to make sure you are betting enough to hit the jackpot, as some of them may have minimum bets that can never win the jackpot.
Each slot type has its advantages. If you are simply looking for the highest payout chance, progressive slots are best; however, they have a higher house edge. You're more likely to lose your bankroll (budgeted gambling money) quickly on a progressive slot. If you're looking to sit and enjoy your time at the slots, a three-line or five-line is best.
If you're short on cash or want to play without risking high loses, try out the penny slots (meaning you only need to spend $0.01 to spin each time) at casinos. Some casinos even offer free spins.
Table games are the livelihood of any casino. Although many table game options can be found within casinos, roulette, blackjack, craps, and baccarat are considered the best starter games because of their low house edge. This is where experienced gamblers hunt for big winnings.
Roulette is one of the oldest and most popular casino games that is quick to learn and requires no skill. Understanding odds and probabilities are vital to playing well at the roulette wheel. There are two types of bets to place in roulette: inside bets and outside bets.
Inside bets are wagers on specific numbers on the table. The odds of winning on an inside bet single number are only 2.7%. To increase your chances, you can split your bet anywhere up to six corresponding numbers on the board.
Outside bets include betting on even/odd numbers, red/black, high/low, dozens, and columns. The lowest risk comes with betting either even/odd or red/black, but this type of bet comes with a lower payout.
Other than understanding odds and probabilities, casino experts always advise playing at a European roulette table over an American roulette table, if possible.
Your chances of winning on a European table are higher than at its American counterpart, because American roulette has an extra slot number.
Blackjack is widely considered a good starting point for beginners at card games. It's important to understand when you should hit, stand, split, or double down to get the most out of the game. To start, you should always play tables that have 3:2 payouts over the 6:5 payout tables. It's never wise to take the insurance side bet, split tens, or hit on or after 17. Doubling down, which is doubling your bet in the middle of the hand, can be a wise move if your cards total 11 and the dealer has a 6 or less when you have a soft (card plus an ace) 16,17, or 18, or a hard (no ace) 9 or 10. It's not recommended to double down, however, if the dealer is holding an ace.
Craps is a popular dice game played at the casino that is also easy to learn. The best strategies for beginners are the pass/don't pass and come/don't come strategy. The pass or come will give you the lowest risk.
Baccarat is mainly a game of luck with a little strategy, but it has a fairly low house edge. One aspect that makes this game a good starting point for beginners is that you only have three betting options.
You can bet on the banker winning, the player winning, or a tie.
The house edge is highest on tie bets, so it's recommended never to bet this way.
Statistics show that the banker has the higher odds of winning, so even though a bet on the banker takes a small commission of your winnings, it's still best to bet on the banker.
Poker games can often intimidate first-timers at the casino, but in all probability, you're not going to be playing against poker stars like you would see on ESPN. You are more likely to be playing against beginners just like yourself. With some understanding of the different poker games and basic tips, you can better your chances of winning at poker games.
Look for tables with stakes/buy-ins that correspond to your bankroll. It wouldn't make much sense to enter a table with high stakes and buy-ins if you don't have a high budget.
A great betting strategy is to start conservative and not to bluff. That way you play it safe at first, and if you make it far, you can start being riskier and have better chances at bluffing. It's also important to study your opponents and learn their betting tendencies.
The Bottom Line
It's most important to understand one key aspect to gamble at any casino: The house always has the advantage. If you can manage your budget and understand your odds of winning at each game, then you have a better chance of walking away with cash. But more importantly, it's vital to know that hot streaks don't last.
In the words of Kenny Rogers, "You've got to know when to hold'em, know when to fold'em, know when to talk away, know when to run."
- How to Win in a Casino: 15 Steps (with Pictures) - wikiHow ›
- How to Win in a Casino - GUARANTEED! - Even if You Know Nothing! ›
- 10 Tips to Beat the Odds at the Casino | Mental Floss ›
- Why Does the House Always Win? A Look at Casino Profitability ›
- I Visited More Than 100 Casinos. Here Are the 7 Things You Need ... ›
- How Casinos Use Math To Make Money When You Play The Slots ›
- Before you go gambling: The best and worst casino game odds ›
- How to Pick a Winning Slot Machine and Win (Almost) Every Time ... ›
Airbnb offers an affordable option for people looking to be more comfortable as they travel.
However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.
And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.
If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.
Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."
just setting up my twttr— jack (@jack)1142974214.0
The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?
Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.
The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.
Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.
Stick To a Specific Strategy or Niche
Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.
First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.
Be Vigilant About Viable Financing Options
While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.
Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.
Master the Art of Finding Good Deals
There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.