Did anyone here play casino? How lucky were you?

Discussion in 'USMB Lounge' started by Lateralus, Jan 24, 2018.

  1. Lateralus
    Offline

    Lateralus BANNED

    Joined:
    Jun 14, 2017
    Messages:
    15
    Thanks Received:
    0
    Trophy Points:
    1
    Ratings:
    +2
    I'm just really curious about how high your chances are to win there. Or are casinos mostly a specifc type of scam?
     
  2. westwall
    Offline

    westwall Diamond Member Gold Supporting Member Supporting Member

    Joined:
    Apr 21, 2010
    Messages:
    56,268
    Thanks Received:
    12,116
    Trophy Points:
    2,180
    Location:
    Nevada
    Ratings:
    +41,033





    Unless you're a card counter, for every dollar you bet, you will get back about 95 cents.
     
  3. MarathonMike
    Offline

    MarathonMike Platinum Member

    Joined:
    Dec 30, 2014
    Messages:
    9,992
    Thanks Received:
    3,089
    Trophy Points:
    390
    Location:
    The Southwestern Desert
    Ratings:
    +18,047
    Every game in a casino favors the casino by a few percent. So the more you play the more you lose usually. Of course you can always beat the odds and lots of people do.
     
    • Agree Agree x 1
  4. ABikerSailor
    Offline

    ABikerSailor Diamond Member

    Joined:
    Aug 26, 2008
    Messages:
    42,217
    Thanks Received:
    7,058
    Trophy Points:
    1,840
    Location:
    Amarillo TX
    Ratings:
    +17,558
    Good question. Yes, casinos ARE a scam, but not quite for the reason you think. They do have the odds in their favor, but that isn't how they get you. When you win a small amount, your brain is flooded with reward chemicals, giving you a "high" and making you feel good. You then think that you can win, so you start spending more money in the hopes of getting that good feeling again, and in so doing, you give back to the casino more money than you won.

    However...........................there is a way around it and you can still have a good time. Figure out a budget of how much money you are willing to lose, and don't go past that amount. Also, when you win something, you put the money you just won back into the amount you are willing to lose. If you have won more than you are willing to lose, take the excess and put it aside and DON'T TOUCH IT UNTIL YOU LEAVE. When you have lost the amount of money you budgeted for, LEAVE THE CASINO AND GO HOME.

    That is how you visit a casino, and also the thing to watch out for. Did you know that many casinos pump extra oxygen in the air to keep you sitting at the tables gambling?
     
    • Agree Agree x 2
  5. Darkwind
    Offline

    Darkwind Gold Member

    Joined:
    Jun 18, 2009
    Messages:
    21,866
    Thanks Received:
    4,154
    Trophy Points:
    290
    Ratings:
    +11,793
    My dad had a similar system.

    He'd play a set amount. If he won, he would put HIS money back in his pocket and play for as long as THEIR money held out.

    He'd then go home. Takes discipline, but he usually managed to get a good evening out of it 3 of the 7 times he played.
     
    • Agree Agree x 1
  6. theDoctorisIn
    Offline

    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

    Joined:
    Aug 12, 2009
    Messages:
    37,810
    Thanks Received:
    7,272
    Trophy Points:
    1,140
    Location:
    In the center of it all
    Ratings:
    +18,366
    I find gambling to be fun, but I know I'm never going to get rich from it. Maybe twice a year I'll go to the casinos. I set a limit to how much I'm going to gamble (usually $100-$200 bucks) before I get there, and see how long it'll last me.

    The last time I went gambling, I ended up leaving Atlantic City with about $200 more than I arrived with - basically won back what I paid for the hotel room.

    The time before that, I lost my gambling "allowance" within 2 hours, and spent the rest of the night in my hotel room eating room service and watching TV.
     
  7. fncceo
    Offline

    fncceo Gold Member

    Joined:
    Nov 29, 2016
    Messages:
    12,277
    Thanks Received:
    1,845
    Trophy Points:
    290
    Ratings:
    +16,992
    Gambling is a tax on people who suck at math.
     
    • Agree Agree x 1
    • Funny Funny x 1
  8. theDoctorisIn
    Offline

    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

    Joined:
    Aug 12, 2009
    Messages:
    37,810
    Thanks Received:
    7,272
    Trophy Points:
    1,140
    Location:
    In the center of it all
    Ratings:
    +18,366
    Only in the sense that movies are a "tax" on people without imaginations.
     
    • Funny and Agree!! Funny and Agree!! x 1
  9. fncceo
    Offline

    fncceo Gold Member

    Joined:
    Nov 29, 2016
    Messages:
    12,277
    Thanks Received:
    1,845
    Trophy Points:
    290
    Ratings:
    +16,992
    I’m not sure how many people watch ‘Star Wars’ and believe they’ll end up in space.
     
  10. Manonthestreet
    Offline

    Manonthestreet Platinum Member Supporting Member

    Joined:
    May 20, 2014
    Messages:
    19,290
    Thanks Received:
    6,798
    Trophy Points:
    430
    Ratings:
    +16,914
    I go on occassion to watch others win,,, wife wins...I never do
     

Share This Page