It is quite obvious that we like to gamble. Regardless of age, gender or class we all find gambling exciting and fun. Casino gambling can be a profitable and exciting experience but you must be aware of the risks.
Casino gambling is the purchase of a ticket or cards to be able to participate in a chance game. In casinos the game is played via a machine that has a closed box in the front that alerts you when it is your turn. You then pick up a card and can select your cards or number. You then proceed to match your numbers by pushing buttons. The entire process is repeated again for a chance to get a higher prize. You waste a lot of money by gambling away too much money on the prize. There are also so many other ways to win prizes aside from getting the right number.
The casinos would like to see you gamble away all your money because that helps them earn millions of dollars each day. The odds are in their favor and in order for you to win big they have a lot of odds in their favor.
When playing you have to be aware of the odds you face in the game. It could be in your favor to bet on one roll of a dice, a single number spin or even the combination of a whole row of numbers.
The odds based on the payouts on dice games are as such:
- 1 in 6 chance of rolling a 6 (6 is the most favorable)
- 1 in 40 chance of a 7 rolling (7 is the most favored)
- 1 in 64 chance of a 11 rolling (11 is the most favored)
- 1 in 128 chance of an ace rolling (ace is the most favored)
- 1 in 256 chance of a face card rolling (usually the least favored)
- 1 in 512 chance of a 10 rolling on a dice (10 is the most favored)
- 1 in 1024 chance of a 9 rolling on a dice (9 is the most favored)
- 1 in 512 chance of a 8 rolling on a dice (8 is the most favored)
- 1 in 40 chance of an ace rolling on a dice)
The payout ratio is the ratio of the amount of the odds you have of the payout in relation to the total amount you have to pay to participate in the game. This is usually expressed as a ratio of odds you have to pay vs. the payout you get back. (For example, a 30% chance or one third of a win means you get back 90% of the money you put in)
The casino will usually take a small amount of your money for the time you are there. This is known as a “Egp88“. The amount is usually around 5 cents on slot machines. You should ask if you have to pay this rake. In rare instances, you will get this rake taken out of your money by the casino.
Most people that play slots are either fans of the game or gamblers that play the game for a living. Professional gamblers make a very nice living out of playing slot machines and most of them have severalets going on at once. When you have a fewets going you can really make a nice chunk of change in a short amount of time.
Professional gamblers that make a living in playing slot machines are very skilled and have a lot of knowledge on the machines. They will know when the machine is fanning out or not and they can tell you if it is time to stop the game or not. A professional gambler does not play slot machines to lose; it is purely a game of probability and a mathematical game. Although a professional gambler does bet on time basis, they bet on time basis only.
If you look at the biggest names in professional gambling you will find that they are all over the media and are oftentimes on the media. If they are playing in the major casinos where the money is always on the table, why are they on the media? If it was a way to make money fast, sure they would be on the media seeking the big old fast payout.
Great gamblers such as the aforementioned authors make a very nice living out of playing slot machines. Most people that play slot machines will lose money, but not the professionals. These professionals know how to play the game and know when to stop the game when they are at the money and not fan the machine out.
Not only that, but the professionals will also know when to take a break. When playing slot machines you need to fully understand probability and know when to stop betting and take break. Don’t think that the next spin is going to be yours. Know when to stop and don’t forget that probability is the ultimate opponent of the gambler.
When playing slot machines be sure that you fully understand probability and that you can consistently bet on time. Otherwise you will just keep feeding the machine and you will just end up spinning keep going till you run out of money.