The Casino World

“Diligence is the mother of good luck” – Benjamin Franklin

Gambling has been around since the beginning of man. We humans love to take risks. We enjoy the adrenaline, the rush, and of course the winnings…

What makes a gambler bet?

What motivates us to all play lotto?

Is it the thrill of winning or the agony of defeat?

Is it the attraction to risk we humans love to take?

Gambling seems to fall into some special category of human behavior that escapes the normal rules we usually live by. People change their behavior dramatically in casinos. Consummate misers can’t wait to throw their money away in casinos. People who clip coupons every week to save ten Euros on groceries think nothing of dropping a hundred, five hundred or even a thousand in a casino. Discipline is all about the ability to develop a winning plan. Control is about being able to follow it.

There are many common denominators that underlie the casino business…Casino gambling, Lotto and other new games that are here to stay and are proliferating at exponential rate, especially through the internet. Online casinos are popping up everywhere on your Hi5.com & Facebook.com pages to your myspace.com page.

During a crisis like we are in now, we humans become more desperate. And that little that we have, we may end up losing it in a casino, be it virtual or your traditional casino. There is so much temptation out there to gamble and play.

I myself have been both a lotto player and casino player over the years. I also worked for 8 years as marketing director for one of the major Portuguese casinos. I have had my share of gambling and have both won and lost and over the years, have probably broken out even. However, most people lose, but as I have broken out even, I guess I can be considered lucky. I have won in Lotto, a 5 being my best win, which 15 years ago was about a 500€ win.

What is the objective of this book? It is about trying to give you, the reader, an advantage, or some sort of a head start; hence, to better prepare you and maybe even help you win, or avoid steep losses. Most people I know that enter a casino are naïve to what goes on in there and they lay their hard earned money on the tables making it themselves easy prey for the casinos to gobble it up.

TO WIN, YOU MUST LEARN THE GAME

In gambling, we want to play, which will give us the greatest probability of beating the game on a fairly reliable and predictable basis.

We will want to use betting strategies which will win a high percentage of the time and will keep our losses as small as possible.

If you are going to gamble, you had better know what you are doing. You can’t expect to win if you don’t understand the game.

The first step to becoming a winner is learning how to play the game.

You can’t hope to win at something that you haven’t mastered. For instance, the rules for Roulette are straight forward, but it will take an investment in time to learn them. There is no substitute for learning the rules thoroughly and practicing them before risking any money in a casino. An essential element of learning and practicing these rules is to not only learn how to use a strategy, but to gain a level of confidence that your strategy will work for you.

Some work and advance preparation are essential to becoming a consistent winner at roulette or any other casino game. By practicing you will gain a greater understanding of the system than you ever will by just reading about it.

The scarcity of reliable published information on effective betting strategies for these games probably is the result of the blind acceptance of most gambling experts that in the long run no system can ever overcome a game where the casino has an advantage. The crux of this issue is how we define “long term.” Any system will fail at some point if it is followed blindly to the bitter end regardless of the cost. However, if we break the “long run” into a series of many short runs, over which we have substantial control, then I believe the premise is false.

In a contest between the casino and a player using a really good system, I am convinced that the player can gain a definite edge, especially if the house edge is less than 2 percent.

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