Casino - How Do You Guys Play?

[Kenji4861]

I'm going to Vegas soon and strategizing on how to win. I know I know.. we all expect to lose and the point is to have fun, but I still want to win.

So far, I'm planning to go play Craps.
Bet $10, if lose bet $20, if lose bet $40, .. all the way up to betting $160. As soon as I lose the $160 bet, I quit. So the most I will lose is $310 and soon as I win, go back to betting 10.

How or what do you all play at Vegas?

 

[TCPpacket]

that negative exponential betting will turn ugly real fast. i'm assuming you will only be putting $10 on the pass line, which is only an even money return when the point hits. instead, might want to consider betting the pass, as well as the odds for a more advantageous return. honestly, if you have $310 that you are willing to gamble with, try blackjack at the $5 or $10 tables following strict basic strategy. the money will most likely last longer than it did at craps and the casino advantage is very low when following basic strategy.

 

[Blastomyces]

Ive always wondered how Vegas countered that strategy. Theoretically, by doubling your bet everytime you lose, you would have to win eventually and come out ahead. I suppose there are maximum bets, but if you say started at the $1 table, youd have to lose like 10 hands in a row ($1, $2, $4, $8, $16, $32, $64, $128, $256, $512, $1024) before you maxed out at the high dollar table. And while its possible to lose ten hands in a row, its rather unlikely, you would need to make sure you had enough capital to cover though, in this case ~$2000.

 

[nageov3t]

solution: don't play to win

 

[LS20]

not play. i think casinos are boring. craps tables are casino arent Exactly 50/50... so with that strtegy you will not win...mathematically.. id rather save money for the bar and get drunk

 

[NikPreviousAcct]

The only true way to win is not to bet any money to begin with.

 

[sundev]

Originally posted by: Blastomyces
Ive always wondered how Vegas countered that strategy.

They don't have to counter it. If you win, you only win a little bit. If you lose, you lose a lot.

e.g. you lose $1, then $2, 4, 8, 16. So you've lost $30. Then you bet $32 and win. You've only net $2. But if you give up at that point (or lose the $32 bet), you are down a hell of a lot more.

In the OP's case, he is basically playing to win $10 or lose $310. Not too good of a risk/reward ratio if you ask me.

EDIT: Added quote.

 

[z0mb13]

go learn poker.. play the low limit and ur money will last much longer

 

[Baked]

I'm the slot machine snipper, I piss other slot machine snippers off.

 

[Raincity]

Originally posted by: TCPpacket
that negative exponential betting will turn ugly real fast. i'm assuming you will only be putting $10 on the pass line, which is only an even money return when the point hits. instead, might want to consider betting the pass, as well as the odds for a more advantageous return. honestly, if you have $310 that you are willing to gamble with, try blackjack at the $5 or $10 tables following strict basic strategy. the money will most likely last longer than it did at craps and the casino advantage is very low when following basic strategy.

Its the psychological advantage that the house has on you that keeps the coffers full.

 

[Conky]

I was in Vegas about a month ago. Blackjack is the only game I can consistently win money at. Craps is good too but you can get bled dry too quick if you start losing.

Thanks to my luck at blackjack I picked up around a grand over 3 days and it made for a very nice trip for me and my grrl. $280 tab at Emerils's! :shocked:

 

[summit]

blackjack is another way to go the key is that in blackjack you want to 1.5 your bet everytime to win any substantial amount... always consider dealer's down card is 10 so work your way to beat his hand you can find tips online... craps is almost a crap shoot but i would 1.5 my bet so that you can be more successful also if your having bad luck in either game take your time you dont have to play every roll

 

[chrisms]

Drunk + poker

 

[PeeluckyDuckee]

If you have luck all you need is to win two hands consecutively and walk away. Double up after your first win. If you don't have luck you can play as many hands that day and you'll walk out empty handed.

This fella I see has a bad streak going for him. He played the $100 table. He walked in with about $10000 with him. Played $400/hand. Then progressed to playing two, three, four, and five hands. The dealer always had 10/face or a low 2 card. He'd get 18/19/20s and still lose to the dealer. He was down $4500 in a matter of about 15 minutes. Then he went crazy and cashed in more money.

He played $1000 a hand playing all 6 hands. He was fighting against dealer's Ace. He lost one of the 5 hands and amazingly he won against the dealer's busting Ace. The crowd cheered and rooted for him. In a matter of next 5 minutes he netted $7000 and walked. Walking away was the best strategy for him.

Tip: DON'T go back to the ATM for the 2nd/3rd/4th time. WALK. NEVER chase your losses. Otherwise your second time lose would be quicker and your hole will be many more times what you've originally tried to chase.

Unfortunately, this is speaking from experience. Too bad I don't listen to my own advice though.

You're a winner if you don't play at all.

 

[Chronoshock]

That is known as the martingale system and its the one most commonly thought up by amateurs. On firs glance it seems appealing but in reality its impossible and extremely poor in terms of net profit. This is countered by casinos through minimum and maximum bets such that you cannot get more than a few losses after the initial bet before you've hit your max. For more info on the martingale system see here: http://www.ildado.com/martingale_system.html

 

[Ns1]

Originally posted by: Chronoshock
That is known as the martingale system and its the one most commonly thought up by amateurs. On firs glance it seems appealing but in reality its impossible and extremely poor in terms of net profit. This is countered by casinos through minimum and maximum bets such that you cannot get more than a few losses after the initial bet before you've hit your max. For more info on the martingale system see here: http://www.ildado.com/martingale_system.html

winnAr

simplified, as soon as you lose like 4-5 times in a row (which will happen) you've gone past the maximum bet, and you're done


the ONLY GAME YOU HAVE ANY MATHEMATICAL SHOT AT WINNING IS POKER

vegas wasn't built on winners

 

[chuckywang]

Originally posted by: sundevb

Originally posted by: Blastomyces
Ive always wondered how Vegas countered that strategy.

They don't have to counter it. If you win, you only win a little bit. If you lose, you lose a lot.

e.g. you lose $1, then $2, 4, 8, 16. So you've lost $30. Then you bet $32 and win. You've only net $2. But if you give up at that point (or lose the $32 bet), you are down a hell of a lot more.

In the OP's case, he is basically playing to win $10 or lose $310. Not too good of a risk/reward ratio if you ask me.

EDIT: Added quote.

there is a limit.

 

[chuckywang]

Originally posted by: summit
blackjack is another way to go the key is that in blackjack you want to 1.5 your bet everytime to win any substantial amount... always consider dealer's down card is 10 so work your way to beat his hand you can find tips online... craps is almost a crap shoot but i would 1.5 my bet so that you can be more successful also if your having bad luck in either game take your time you dont have to play every roll

sentences are useful, mmmkay.

 

[summit]

sorry i fob from mainland

 

[necine]

they counter it by having more money then you... negative exponential betting is the way a lot of idiots are parted with there money

 

[pepo]

play for the fun. if you go there with the idea to win chances that you gonna lose big time are huge

 

[DrumminBoy]

Coming from a dealer who sees people trying to win 8 hours a day.......don't even try. Beyond basic game strategy, it's all luck. If I had any suggestions, it would be blackjack. If you can master perfect strategy, the house will have a much smaller advantage. Don't play the carnival games (4 card poker, 3 card poker, pai gow, spanish 21) as they have the highest house odds. If you're at a table thats cold, get up and go to another; I see so many players that sit and try to weather the storm but end up going broke. Have fun with it, dont play high limits and try not think about how much money you "could be making" if you bet more; that's where they get you. You'll be much happier going home up $1 than down $500.

 

[chuckywang]

What's a good blackjack strategy site?

 

[NuclearNed]

Originally posted by: chuckywang
What's a good blackjack strategy site?

www.wizardofodds.com is the answer to this and all gambling related questions.

 

[RagingBITCH]

Aren't you the genius who wanted to invest $450K in a one bedroom condo in CA? Stop pretending like you know what to do with money.