Posts tagged Gambling

First off, I want to thank you for viewing this article and reading my ideas. Secondly if you don’t have $500 to $1,000 extra that you won’t miss, STAY OUT OF THE CASINO!!! I cannot stress that enough. Too many people rush in the casino and play on sacred money and what I mean by that is money that pays for their rent, utilities, child care, food, gas, and other necessities. If you can’t feed your kids on your paycheck seek assistance and open a savings account rather than being selfish and blowing your money on your gambling addiction. They rush in to play hoping they’ll hit something that will change their life and ultimately most will walk away disappointed and the few that actually do jackpot big usually do so because probability works and not because of some mystical, supernatural stuff, or systems. If God really wanted you to have more money I think he’d do so by getting you a better job and leading you to become a smart investor rather than getting you addicted to the hope of one big pay off.

I really am not a fan of those people who have websites out there that say things like “buy my system for $49.95″ and you’ll win big on your next visit to the casino or the ones that want to sell you insider secrets. I find it interesting that they never make it easy for you to contact the people on their testimonial section. If your “system” was as good as you claim it is then why charge for it? I’m putting myself on the line and not charging for my ideas and strategies and I’m giving it back to the world free of charge.

Ok now that that’s out of the way and you have $500 to $1,000 dollars extra to spend how can you maximize your bankroll? I have been playing for about 4 years now and never won anything impressive until I started playing the high denomination machines. I’m talking about the big boys that are anywhere from $2 a bet up to $25, $50, and even $100 per bet. Simply put if you play the higher stakes you will win more. This should be obvious but most people who go into a casino never do this. You’ll find your average player playing quarter, nickel, and penny slots. I can personally tell you that unless you hit a jackpot on a progressive machine on a max bet, don’t expect to walk out with more than a few hundred dollars at best. Most quarter machines on a jackpot on max bet pay out between $600 and $2500 dollars. That would be nice if you hit that on a max bet but the odds are not in your favor and they are literally astronomical. The only way you’ll walk out with a few thousand dollars is to play the high stakes and keep in mind that yes you could lose your money it is certainly possible. I’ve walked in with my $500 bank roll only to lose it all.

So here’s the guts of my strategy. I play $5 and $10 machines and I put in $100 and bet one until I’m over $100. Once I’m over $100 I max bet. If I get below $100 I bet one. It’s that simple. One thing that I noticed is that combinations like bar bar bar, bar bar game symbol, and game symbol 3bar 3bar, come up pretty often and you’re more likely to hit those combinations than you are a jackpot. Now let’s say you’re playing a quarter machine and you’re max betting and you hit bar bar game symbol and that pays 60. You have just won $15. Now if you were playing a $5 machine and max betting and hit the same combination 60 x $5 gives you a win of $300. On a $10 machine that would be $600. Now at this point you can walk with your winnings or keep playing but I recommend that if you’re not winning anymore walk away when you’ve lost half of what you’ve won. So if you won $300 and you lost $150 play another machine or go home. It should be obvious which machines you should be playing at this point. My best day was where I hit on three different machines, two $5 and a $2, and won $3800, $1200, and $1600. That’s $6600. Who walked out of the casino feeling more confident that day, the guy who won $80 on the quarter machine or the guy who made a nice profit off $200 on the $5 and $2 machines. Keep in mind that I walked in with $500 and only spent $200 to get there. But I’d be lying if I told you to expect that or that it happens all the time. It simply doesn’t. However you stand a better chance of making more money if you’re playing the high stakes. And if you check with most casinos payout records, you’ll find that a large portion of the payouts came from the high denomination machines which should be no surprise.

Now walking in and playing quarter machines or penny machines is awesome if that’s what you want to do with your $500. But if you’re looking to make some cash don’t be scared to take the risk and play the high stakes. Most people in the casino that I talk to complain about how they never win anything big and when I ask them if they play $5 or $10 machines they say “oh that’s too much money for me.” To quote Master Yoda “that is why you fail.” Now it does bother me that some people will read this and ignore the first thing I said and go out and play on money they can’t afford to lose. This is strictly for those who have the extra cash to spend and not for someone broke with their last $20 hoping to make their dreams come true. So once again if you don’t have and extra $500 to $1,000 that you won’t miss STAY OUT OF THE CASINO!!! Don’t be a selfish jackass and blow your paycheck or your child’s college fund trying to get rich quick. The odds are not in your favor and if you look at people who have won big jackpots, they didn’t manage the money well and eventually lost it all or spent it all. I think they call it the lottery curse or something like that. I could go on about money management but that’s another article. Good luck on your next casino trip and remember play on money that you won’t miss.