September 17, 2019

GAMBLING FOR STARTUPS: All Casino Virgins should Know

GAMBLING FOR STARTUPS: All Casino Virgins should Know

It’s not like the movies.

Boy, don’t we just love watching Casino Royale? We were mesmerized by the flashy lights, the miraculous wins, the happy endings – all glitz and glamour that comes with it.  But when you exclude the hype and entertainment factor AND get inside a real casino, you’d realize that everything’s different.

If you are reading this, consider yourself smart since you made research even before casinos got a shot at your bank account.

KNOW THAT THE HOUSE ALWAYS WINS

A seasoned gambler loses once in a while whilst a first-timer may bag the jackpot. There is no absolute pattern. Luck or skills may help you increase your odds of winning but, as you know, casinos have the edge on every game. You may win, but in the long run, the house will still prevail. This is what we called the house edge. Don’t be surprised if you get whipped.

 Sometimes it’s a fair-weather day and it seems that everything is going your way, oftentimes you’re going to have a losing streak. That’s casino life – you win, you also lose. Don’t fool yourself thinking that you can defeat the house. And oh! If you lose, go home, it’s over.

KNOW THE RULES

Before you hit the casino, please do your research. Clueless idiots can’t win a war. Besides, some dealers aren’t good at communicating the game rules and give worse strategy hints – probably because they don’t know any better. The most prudent thing to do is to read informative articles regarding smart betting and wise gameplays. This way, the next time you hit the casino, you don’t only play confidently but also intelligently. Skills, knowledge, and a pixy dust of luck, is a lethal combination.                

Casinos have rules too, aside from the gameplay itself. The house may appear to be a breeding ground for all different sorts of crowd and activities, but the rule of law is still enforceable inside. As a good rule of thumb, don’t do stupid things that will likely land you to jail. It maybe is a no-brainer. But believe it or not, casinos have its way in blurring out entertainment and recklessness.

KNOW THE RIGHT GAMES TO PLAY

“You gotta play your cards well, honey.” A line from a famous old movie. Indeed, movies may hold a germ of truth sometimes.

You have to pick the right games to play. Assess your purpose, skills, and strategies. Do you want to sport your skill in a table game and win a considerable amount of money? Do you want to sit around, spin the reel, and pray to all the gods and demons you’d win the jackpot prize? Or would you rather just have guiltless and pressure-less fun? You deicide. But first, you have to know which game suits your purpose and your heart’s desire.

KNOW THE INSIDE-JOB

In most casinos, they give free drinks as long as you continue to play. And people as we are, we are enticed to grab our piece of ration because, hey, beggars can’t be choosers right? While it feels good to drink cocktails and beverages for free, still you have to drink in moderation. Casinos give free drinks in order to blunt and impair your better judgment. The equation is simple:  the more drink you have, the more you make stupid bets – more money to the house.

Casino games have a house edge. When you play against the house, you will lose money in the long run. Sporting your skills and strategies may sometimes be an exercise in futility. The house wins nonetheless. Losing is part and parcel of gambling. All you could do is reduce and minimize your losses through research and experience.

Ever wonder why there’s no window or clock in casinos? Casinos are skilfully designed to keep you lost in a trance – something like a beehive of infinite possibilities. It is no surprise why some people lose themselves in the act of wagering. Some people may feel powerless and may experience an uncontrollable need to wager. This phenomenon isn’t entirely known, especially for frequent casino gamblers. 

KNOW THAT CASINO IS A FORM OF ENTERTAINMENT

If you are not having fun, you are doing it wrong.

Exactly why do people go to casinos? I will not discount the fact that people go to casinos for a plethora of reasons. Gambling or occasional betting may sometimes fulfill some emotional or physical need in most people. Some are just looking for a place to wind down with no interest in shelling out money.  Some, just trying out their luck. Some visits a casino just for the fun of it – harmless fun!

However, when gambling behaviours permeate a person’s life and has become destructive, compromising his relationships with his family, friends, and co-workers – that’s no longer fun. A common mantra posted in some casinos: STOP, WHEN THE FUN STOPS.

KNOW YOUR LIMITATIONS

Casinos are known for its notorious name – The Sin City. It sounds both exciting and scary. It’s no surprise why a lot of people call it “The Adult World of Disney.” By those names, they give us the notions of decadence – all heal breaks lose. Hence, it is of paramount importance to exude control by knowing your limitations, before one faces tons of regrets.

This begs the question: how do you know your limitations? Foremost, I didn’t say that you’re not allowed to have fun. It is absolutely possible to combine fun and limitations. This is where an honest and careful assessment of yourself is needed.

You need to know what exactly tempts you. Does the clang of bells make your hands scratch? Does the weight of chips in your hands give you a sudden wave of rush? Whatever it is, turn your back against those things that may lead you to do reckless decisions.

Know how much alcohol you could drink without getting tipsy or irrational. Better yet, avoid drinking alcohol since it warps and impairs your judgment. You may find it difficult to handle your frustrations or anger that comes with losing your bet,

Know how much money you are willing to spend without hurting your cash needs. Limit how much you are going to spend. Have fun without breaking the bank.

There you have it! Follow these simple guides so you can make the most out of your casino experience. Remember, “By failing to prepare, you are preparing to fail.” Thank you, Mr. Franklin.

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