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Category: Money Management

PENNY PINCHING SLOT SYSTEMS

Stay in control and protect your money By Frank Scoblete   Unless a slot player wins a monstrous million or multi-million-dollar slot jackpot, he or she is destined for long-term losses. The machines are not programmed to create long-term winners; if they did the casinos couldn’t survive. You know that and I know that. Still, […]

WINNING & LOSING IN THE LONG RUN

How Much Do Payback Percentages Really Matter?   How many players nowadays feel that they’re winning fewer jackpots. They blame the casinos for “tightening up” their games and lowering payback percentages (even if they have no evidence of this). While some casinos may be ordering new machines with lower payout percentages, this is not the […]

IS YOUR BANKROLL BIG ENOUGH?

Win more by using these tactics for managing money   It is the march of defeat, the walk of pain. Almost everyone has done it at least once, but some people do it more than others. It is the awful trudge to the money machine after a wipeout at the tables or slots, when a […]

BREAKING BAD

Ways to battle the house edge By Frank Scoblete   The outstanding television series Breaking Bad had some horrifying things to tell us about being addicted to methamphetamine – popularly known as speed. In the show speed certainly isn’t good for the poor souls using it. Speed – to put it bluntly – kills a […]

LONGER OR SHORTER

The more you play, the more you risk By Frank Scoblete   One of the opening scenes of the 1995 movie Casino has Robert De Niro as Sam “Ace” Rothstein explaining how the casino makes money. A mega-high roller has just won millions from his casino and Rothstein and company want to get that money […]

WHEN DO YOU QUIT?

Most players say they’ll leave when they’re ahead. But how much is enough? By Frank Scoblete   Many gambling writers will say that players should quit a session when they are ahead. On the face of it the advice sounds profound but when looked at logically it makes no sense. If you win your first […]

THE RIGHT MACHINE

How important is it to bet the max? By John Grochowski   The question is as old as multi-coin slot machines: Should you bet the max? For decades, players were told they should al-ways bet the max to get the best payback percentage. That’s still the case on most three-reel stepper slots, and on a […]

ME BAD

Saving Money For Slot Play By Frank Scoblete   Don’t you hate it when you think something similar to the following thoughts? “I really used up little Timmy’s college fund at the machines. Me bad.” “I just got carried away at the machines and kept taking out lines of credit until I ran out of […]

GREAT GAMBLES & SUCKER BETS

The 10 best and worst wagers you can make at the casino By Frank Scoblete   This should be a snap, I thought. I can write this in my sleep. I immediately thought of the worst game, keno, where the house edge is about 25 percent—which means you lose about 25 cents for every dollar […]

TAKING CHARGE OF YOUR BANKROLL

Top 10 Tips For Maximum Money Management BEFORE YOU PLAY 1. SET A BUDGET: Gambling is a form of entertainment that does not have a set price. The money you spend gambling should be considered an entertainment expense, and you should never take money to the casino that you can’t aord to lose. If you […]

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