Wins And Losses Of Casino Gambling

Gambling is a form of entertainment that involves the extensive use of money as betting instruments. While it can be entertaining as well as enjoyable, indulging excessively in the game can be dangerous, especially when the money involved is already one’s lifetime savings after years of hard work. This is especially true when the form of gambling that one indulges in is that of casino gambling. Needless to say, casino gambling has some good and bad effects on a person.

In some countries, especially in those areas where Islam is the prevailing religion, casino gambling is strictly prohibited. Religious authorities in these countries generally frown upon this game of chance basically because of the perceived social costs that it inevitably brings.

However, in a number of countries, especially those which are highly-industrialized, casino gambling is a legal business venture, although certain regulations or limits are often set. This is because the game is a double-edged sword. It gives you the opportunity to double or even triple your money. At the same time, however, when you grab that opportunity, you unwittingly also give the game the chance to take away some,if not all, of your money.

The stakes easily become higher in the case of casino gambling. In this form of expensive entertainment, there are usually only two ways to go – either you get to double your money or you lose all of it. This is not just small money, the amount involved usually run in the thousands. Casinos operate on the basic premise that it allows you to have a crack at their money, but at the same time they get to have a shot at yours as well. Who gets to go home as the winner at the end of the game depends on how you will play the game which will have to include the amount of money that you will be willing to place on the betting floor.

This is not to say that casino gambling should be banned altogether. The game as well as its concept has been with us for decades. Perhaps the game has gone on even for centuries. Another thing, as a form of entertainment, it still has its own share of beneficial effects; relaxation being the prime consideration. The key to successfully playing the game is simply to handle it with the proper attitude.

Gambling to be an effective means of entertainment should be approached as simply a game and nothing more. Of course, the aim is to win if possible. But at the same time, a player should not totally discount the possibility that one could also lose. And losing means giving away only the amount of money that you can afford to lose. This is essentially a good strategy, especially when it comes to the issue of casino gambling, where the betting stakes are higher, in which case a planned betting method is recommended. This will include discipline, which basically means having the ability to control yourself, especially when losses start piling up and the winnings that were accumulated in the early games start dwindling because of your casino gambling.

Casino Is The Temple Of Games.

An individual plays only when he is human in the full sense of the word, and he can be wholly human only when he is playing”. Friedrich Schiller

The history tells us that in 49 B.C. the famous ancient Roman commander Julius Caesar, having won brilliant victories over barbarian galls, wanted to seize supreme power in the Eternal City. Then the frightened senators forbade him and his troops to return to Italy.

Without hesitations, the commander announced about his decision regarding the senate ban by saying “Alea jacta est” (“The die has been cast”) and crossed the border river Rubicon. This led to lingering civil wars in Rome, which became one of the most significant events in ancient history.

The words of the ferocious dictator became proverbial, however, today there is hardly a person who thinks about its real meaning. As it turned out, the Great Caesar actually cast the dice. So great was his passion to gambling, that he deeply believed in the magic ability of the dice to predict the future.

The public opinion hardly favors gamble and everything connected with it. Conversely, in those times the word “player” was nearly a swearword – so huge was the contempt of the majority of people to those who gave the game its due.

But at the same time ancient people understood perfectly well that the thirst for gambling could not be eradicated. The Greeks with their characteristic rich imagination invented a myth about the goddess of the fate Tyche (the Romans called her Fortune”), who gave birth to Zeus’ daughter, and this girl was endowed with the gift of inventing various dangerous amusements, which caused the people to lose a lot of money, cheat, scuffle and committed suicides.

Tyche loved her daughter and thus winked at her cruel pranks. She even presented her with a large beautiful house, to which her daughter allured the most credulous players to make them miserable.
More than two thousand years passed since those times, and today hardly anyone believes in fortune-telling by throwing lot and myths about the goddess Tyche, but there is one thing that has not changed. It is the human need for the game. This unquenchable desire stipulated for the fact that in the course of time special premises were built for gambling as if the ancient Greek legend came true.

In these establishments visitors played with each other in these and paid a part of their winnings to the owner – or played with owner and then, if they lost, they were to pay the whole amount of the bet to the casino owner. Approximately in the 16th century such establishments came to be called by the Italian word “casino”, which has not changed its meaning up to now.

Gambling houses irrepressibly attracted people with different characters, different talents and varying financial possibilities. The list of famous casino frequenters, compiled by the largest casinos in Europe, includes such celebrities as chancellor Bismarck, composers Berlioz and Brahms, the writer Dostoyevskiy, the poet Mayakovsky and the automobile king Citroen.

Reverberating fame, however, did not prevent these people from insidious tricks of Fortune. Admittedly, some celebrities were often lucky and they won a lot. For example, Citroen was such a lucky player. He loved to play for high stakes, in order to impress other rich men. Journalists never grew tired of writing that the automobile king is as lucky on the green cloth, as in business.

Others mostly lost. For instance, Mayakovskiy was such an unlucky fellow. He loved billiards, cards and particularly the roulette. During his trips abroad the poet run into unprecedented debts, because he was lucky only at billiard table, but by no means in the roulette.

Gambling houses are known not only by their frequenters, but also by various legends that surround these establishments. The most enduring is the story how a certain Frenchman monsieur Blanchard won twice in “Casino Monte-Carlo”. When he intended to enter this casino for the first time, his hat was spoilt by the dove. Blanchard interpreted this as a good sign and was right. The player managed to win several thousands. Then he intended to go to casino once again, but on condition that a bird would spoil his hat for one more time.

He had to wait for the new dove for several days, but his expectations paid for themselves. The Frenchman was lucky that time and he won even more than before. After this, the doves displayed no interest in Blanchard and he could not win. However, all inveterate players believe that if the bird marks you before the visit to the gambling house is a true sign of good luck.

Choosing The Right Casino In Albuquerque For Gambling

Today, there are a number of casinos that are in or near Albuquerque that gamblers can play at. With so many local choices, there is little need for gamblers to go to Las Vegas in order to get exciting gambling action. Because there are so many choices in the state of New Mexico for casino gambling, it is helpful for players to figure out which casino to patronize. Choosing the right casino can make playing a lot more fun. And it can make gambling more rewarding as well. That is why it is important to choose well when looking for the right casino in Albuquerque to play at.

First of all, the casino in Albuquerque should have the games that the player wants to play. For example, a video poker player will want to make sure that the casino has a good selection of video poker machines. Those who want to play with slot machines should choose a casino with many different choices. Table players will want to make sure that their favorite games are offered. Most casinos will offer blackjack, roulette, and poker at a minimum for table players. Many also offer craps for those who like that game.

Secondly, the casino in Albuquerque should have a decent player’s reward program. A good rewards program will make it more fun to gamble at a particular casino. Although a rewards program will help enhance a gambler’s return on playing, players should also concentrate on the fun aspects of the rewards program as well. Many programs offer free show tickets, free meals, and free tournaments in order to entice players to return. High rollers often great special treatment with most casino rewards programs. Being treated like a VIP can be a great way to enhance the experience of gambling at a casino. Of course, it is also important to evaluate the cash bonuses that are offered by the program as well. Some casinos will offer more generous cash bonuses than others.

Another important criteria when choosing a casino in Albuquerque is look at the returns of the games being played. Most gamblers know that the house has an advantage at most or all of the games. However, a gambler will have more enjoyment when the house edge is lower. On a slot machine, it is usually impossible to figure out what the return is. However, it is possible to calculate the house edge on games such as craps, blackjack, poker, roulette, and video poker by looking at the payouts. Going to a casino with better payouts means the gambler’s money will last longer. That means more enjoyment. And that also means a higher chance of hitting the royal flush jackpot for video poker players.

When choosing a casino, many people prefer to stay at the casino’s hotel. That makes it easy to access the gaming over multiple days. Many gamblers prefer to stay at hotels that have higher quality rooms such as suites. In many cases, the casino’s reward program may offer free rooms to frequent gamblers and high rollers. It would be better to choose a casino with nicer hotel rooms if the casino is giving away free rooms. Other hotel amenities such as a spa and restaurant options may be important to some gamblers as well. Many gamblers find that they need a break from the gaming from time to time. Choosing a hotel casino with extra amenities can be well worth it.

There is a lot to think about when gamblers are choosing a casino to play at. If gamblers concentrate their play at a single casino, they can often get better rewards from the casino’s frequent gambler program. That is why it is beneficial to choose a single best casino at the beginning. And the best part is that there are a lot of great casino choices that are in or near the Albuquerque area.

Casino Gambling

Casino gambling can be fun and exciting. At the same time expensive. Dependent on how much you are willing to gamble. It is important to keep in mind your specified budget. As it is very easy to get carried away when you are in the casino, you have to take care that the next thing you know, you haven’t gambled everything away and now you are down to your last penny. Before you get to this scenario, stop, think and walk away or quit casino gambling.

The first rule in casino gambling is to know the game. Casino gambling can be difficult if you are not sure about the rules of a game. For instance, if you want to play baccarat but don’t know exactly what baccarat means it is better to stand back, watch and learn the game first before you try your luck. Another golden rule that you should observe in casino gambling is to not gamble more than you can afford. Always know how much you can spend before you step foot in a casino and don’t risk any more than that.

Do not indulge in casino gambling with the aim to get rich. If you do, you will only be disappointed. And you may lose more money than you care to. Casino gambling should be for fun and entertainment. In casino gambling you should not hand a dealer the loose change. Willingly you place it in the table. If you find that your dealer is rude, then leave the table and play elsewhere. You should not put up with bad service. You can avail yourself of free casino gambling lessons. You could try casino gambling in the morning when there are less people in the casino. You could try casino gambling in the morning when there are lesser people in the casino. This way the dealer could offer you assistance when you are new to the game. In casino gambling you should not up your stakes to cover your losses. You may lose big time if you do. You can up your stakes when you are winning so you use the casino’s money instead of your own.

There are strategies you can use that can reduce the house’s edge but you can never beat the house. Another to watch out in casino gambling is the game called keno. This may be a simple game but the odds are always in favor of the house. If you are new to casino gambling, you should look for a casino that lets you play with lower stakes. This way if you commit mistakes, your losses will be smaller. The posh hotel-casinos located on the Strip in Las Vegas generally have higher minimums compared to those in the downtown area.

Casino gambling is a good way to add some exitement and break the monotony of your life. Casino gambling gives you an opportunity to engage your senses including your mental abilities to focus on the game. Casino gambling can be a good source of entertainment. You should not view casino gambling as a get-rich-quick scheme. But just like any endeavor, it should be taken in moderation. Anything that is done in extremes could be detrimental to the purpose casino gambling is aimed for- which is to provide release of stress and pleasure. Gambling, done in the extreme can become an addiction, so play in moderation and have some fun.

Casino Games And Mathematics. Part 3.

After one more year Thorp published a book (I mentioned it at the beginning of the article) in which he rather in details, in the form comprehensible to any even a slightly literate and sensible person, set the rules of formation of a winning strategy. But the publication of the book did not only cause a quick growth of those willing to enrich themselves at the cost of gambling houses’ owners, as well as allowed the latter ones to understand the main reason of effectiveness of the developed by Thorp strategy.

First of all, casinos’ owners understood at last that it was necessary to introduce the following obligatory point into the rules of the game: cards are to be thoroughly shuffled after each game! If this rule is rigorously observed, then a winning strategy of Thorp cannot be applied, since the calculation of probabilities of extracting one or another card from a pack was based on the knowledge of the fact that some cards would already not appear in the game!

But what does it mean to have thoroughly shuffled” cards? Usually in gambling houses the process of thoroughly shuffling” presupposes the process when a croupier, one of the gamblers or, that is still oftener seen of late, a special automatic device makes a certain number of more or less monotonous movements with a pack (the number of which varies from 10 to 20-25, as a rule). Each of these movements changes the arrangement of cards in a pack. As mathematicians say, as a result of each movement with cards a kind of substitution” is made. But is it really so that as a result of such 10-25 movements a pack is thoroughly shuffled, and in particular, if there are 52 cards in a pack then a probability of the fact that, for instance, an upper card will appear to be a queen will be equal to 1/13? In other words, if we will, thus, for example, shuffle cards 130 times, then the quality of our shuffling will turn out to be more thorough” if the number of times of the queen’s appearance on top out of these 130 times will be closer to 10.

Strictly mathematically it is possible to prove that in case our movements appear to be exactly similar (monotonous) then such a method of shuffling cards is not satisfactory. At this it is still worse if the so called “order of substitution” is less, i.e. less is the number of these movements (substitutions) after which the cards are located in the same order they were from the start of a pack shuffling. In fact, if this number equals to t, then repeating exactly similar movements any number of times we, for all our wish, can not get more t different positioning of cards in a pack, or, using mathematical terms, not more t different combinations of cards.

Certainly, in reality, shuffling of cards does not come down to recurrence of the same movements. But even if we assume that a shuffling person (or an automatic device) makes casual movements at which there can appear with a certain probability all possible arrangements of cards in a pack at each single movement, the question of “quality” of such mixing turns out to be far from simple. This question is especially interesting from the practical point of view that the majority of notorious crooked gamblers achieve phenomenal success using the circumstance, that seemingly “careful shuffling” of cards actually is not such!

Mathematics helps to clear a situation with regard to this issue as well. In the work Gambling and Probability Theory” A.Reni presents mathematical calculations allowing him to draw the following practical conclusion: ” If all movements of a shuffling person are casual, so, basically, while shuffling a pack there can be any substitution of cards, and if the number of such movements is large enough, reasonably it is possible to consider a pack “carefully reshuffled”. Analyzing these words, it is possible to notice, that, firstly, the conclusion about “quality” of shuffling has an essentially likelihood character (“reasonably”), and, secondly, that the number of movements should be rather large (A.Reni prefers not to consider a question of what is understood as “rather a large number”). It is clear, however, that the necessary number at least a sequence higher than those 10-25 movements usually applied in a real game situation. Besides, it is not that simple “to test” movements of a shuffling person (let alone the automatic device) for “accidence”!

Summing it all up, let’s come back to a question which has been the headline of the article. Certainly, it would be reckless to think that knowledge of maths can help a gambler work out a winning strategy even in such an easy game like twenty-one. Thorp succeeded in doing it only by using imperfection (temporary!) of the then used rules. We can also point out that one shouldn’t expect that maths will be able to provide a gambler at least with a nonlosing strategy. But on the other hand, understanding of mathematical aspects connected with gambling games will undoubtedly help a gambler to avoid the most unprofitable situations, in particular, not to become a victim of fraud as it takes place with the problem of cards shuffling”, for example. Apart from that, an impossibility of creation of a winning strategy for all “cases” not in the least prevents a mathematically advanced” gambler to choose whenever possible the best” decision in each particular game situation and within the bounds allowed by “Dame Fortune” not only to enjoy the very process of the Game, as well as its result.