How To Win The Most Money At A Casino

How To Win The Most Money At A Casino Online
How To Win At The Casino
How To Win The Most Money At A Casino Real Money
How To Win The Most Money At A Casino No Deposit

With the return rate to the player being 98.7%, you will lose money playing these over the long term (although that can be said about any casino game frankly, in GTA or real life). Casinos make the games with the lousiest odds the most attractive by amping them up with flashing lights and bright colors. At craps, for instance, the craziest bets—“the Field,” “Any 7.

Introduction to Foxwoods Casino Connecticut

I recently met fellow slots enthusiasts and gambling podcasters at Foxwoods Casino, a tribal casino located in southern Connecticut, in part to create this Easily Win a Little at Slots at Foxwoods Casino Connecticut article. Other goals included promoting my Professor Slots brand and, last but not least, figure out how to win at slots there.

Vito from Cousin Vito’s Casino Podcast organized this “Gamblepalooza” meetup. He did a great job with what we all hope will become a regular annual event. Also, a special thanks to the staff at Foxwoods casino, especially to our Casino Sales Executive, John, for his professionalism, dedication, and attention to details. Thanks, Vito and John!

In this Easily Win a Little at Slots at Foxwoods Casino article, I’ll primarily go over what I learned about how to win at slots there. As I’ve come to understand, and hope you have too, my winning strategies for slot machines isn’t about how to be luckier.

Instead, it’s about understanding, or at least using, how casinos have deliberately set up their slot machines for slots enthusiasts to take advantage of as an opportunity to win.

What I found at Foxwoods Casino was such a winning opportunity. As I’ll explain, a few slot machines have been set up in such a way as to be taken advantage of quickly. That’s good news. The bad news (spoiler alert!) is that all such winnings are rather small.

However, easily winning a little at slots is probably very useful to far more people, when most slots enthusiasts are low rollers.

This article has the following sections:

Introduction
My Online Assessment of Foxwoods Casino Connecticut
My On-Site Physical Assessment of Foxwoods Casino Connecticut
Assessing Foxwoods Casino by Talking with Slots Players
Assessing Foxwoods Casino by Questioning Casino Staff
How to Win at Slots at Foxwoods Casino Connecticut
Optimizing How to Win at Foxwoods Casino Connecticut
Summary

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My Online Assessment of Foxwoods Casino Connecticut

My first evaluation of Foxwoods Casino Connecticut was done online when preparing to publish my article Connecticut Slot Machine Casino Gambling back in July of last year.

I learned that Foxwoods Casino Connecticut had grown, partly due to competition with nearby Mohegan Sun Casino, to become one of the largest casinos anywhere. Depending on how casino “largeness” is measured, it is currently reported to be the third or fourth largest casino in the world, although it has ranked as high as second largest in the past.

Other items of interest I learned then was that Foxwoods Casino Connecticut is an American Indian tribal casino owned and operated by the Mashantucket Pequot Tribe. Since Foxwoods is a tribal casino, it is not subject to state gaming regulations but rather regulated through a negotiated state-tribal gaming compact approved by the U.S. Department of Interior.

For those interested, this state-tribal compact is available at Connecticut State’s Department of Consumer Protection on their Tribal-State Compacts and Agreements webpage along with the state-tribal compact for the Mohegan Tribe for Connecticut’s Mohegan Sun casino.

The final item of interest to slots enthusiasts regarding gaming regulations is monthly actual payout return statistics available on the State of Connecticut’s Gaming Revenue and Statistics webpage.

For the most recent month, March 2018, the actual payout return percentage was reported to be 91.56%, the lowest payout return since Foxwoods fiscal year begins on July 1.

As it happens, these statistics show that consistently highest payout returns were at the beginning of Foxwoods fiscal year. From July through October of 2017, the average payout return was 92.05%, with the highest monthly payout return being 92.16% in October 2017.

At the time of this writing, Fiscal Year 2017/2018 is incomplete. Now, however, the average annual payout returns for the last five years going back Fiscal Year 2011/2012 has shown a remarkably steady increase. For Fiscal Year 2011/2012, the yearly payout return was 91.59%, followed by a steady rise to 92.19% for the most recently completed Fiscal Year of 2016/2017.

Finally, it is well worth noting there has been a steady and significant drop, currently nearly halved, in the total number of slot machines available at Foxwoods Casino Connecticut from Fiscal Year 2008/2009 to present.

In Fiscal Year 2008/2009, coinciding with the last year of the relatively recent 17-month-long Great Recession, Foxwoods Casino Connecticut had 8,108 slot machines. This number of slots has dropped each year steadily since, with the total number of slot machines currently being 4,106.

So, what does all this mean in terms of winning at slots at Foxwoods Casino Connecticut? Well, it’s hard to say. Initial assessments are fact-finding missions, with little in the way of conclusions as much as it might be helpful to do so. Nevertheless, it sure is interesting seeing such data-supported trends.

In all seriousness, it is indeed hard to say what is going on at Foxwoods. However, something dramatic and dynamic is happening. Staying focused on winning at slots and setting aside all other considerations, I wonder how we might use this rather interesting information to win more at slots at Foxwoods.

But, before drawing any more conclusions just yet, let’s continue this article with whatever information can gleaned from visiting Foxwoods Casino Connecticut.

My On-Site Physical Assessment of Foxwoods Casino Connecticut

Frankly, Foxwoods Casino is huge. Upon checking in at 2 p.m. on a Thursday, I went for a walk for a few hours. I didn’t have or want a map. While walking, I counted six separate sub-casinos within the overall casino. I could talk about my feet getting sore for walking for the next 5 hours, despite wearing comfortable shoes. Instead, let’s talk about what I saw.

By far, the most important thing I noticed was what I didn’t see. I wandered everywhere without doing any gambling. I was looking around, letting my feet go wherever they wanted while I soaked in whatever there was to do so.

I went to every sub-casino and visited every high limit area in every sub-casino. And do you know what I didn’t see, not once during that 5-hour walk? I didn’t see a single hand pay being given out by a slot attendant.

Everywhere I went, there were no hand pays. No one was winning jackpots. Now, again, I tried not to draw any discernible conclusions just yet. Why? Because it was only late afternoon on a Thursday. I didn’t want to bias my observations by drawing the conclusion begging to be made without looking for hand pays when the casino was a little busier.

So, to avoid jumping to a conclusion too soon, I decided to look for slot machine hand pays deliberately until Friday evening. But, tentatively, I held in my mind this possible conclusion: Foxwoods Casino Connecticut gives out a relatively low number of hand-pays to slots players. If confirmed, only small non-taxable jackpots would be potentially possible.

While my personal slots play is high limits, this was personally quite upsetting. However, for the sake of my lower roller readers and listeners, I realized this might be just what they most would like. They might most like to spend a little bit of money to win a slightly larger bit of money.

Of course, this would depend on finding a way to win jackpots less than the taxable limit of $1,200 to generate the hand pays I wasn’t seeing. I decided that, if a few hand pays were confirmed, then I needed to focus on looking for ways to make small wins with small bankrolls. So, I did. And I did.

Assessing Foxwoods Casino Connecticut by Talking with Slots Players

After my wandering around on Thursday, I met up with Vito and other early arrivals to Vito’s “Gamblepalooza” event. I also had an opportunity to talk and question John, the Foxwoods’ Casino Sales Executive effectively acting as our event host.

And, what was the first thing Vito said to me? That his wife Amanda was over on a Buffalo slot machine after having won a bunch of free spins. I asked where, and he pointed to where she was. Maybe 20 minutes later, Amanda joined our group – at which point I asked her specifically which machine she was playing.

She told me where there was a row of identical-looking slot machines near the walkway between the casino lobby and the hotel elevators. I asked which slot machine in this row had she played, and she said the slot machine on the far left.

When everyone split up to go gamble, I headed over to those Buffalo slot machines. They were penny machines. They were also all were being used, which can sometimes be a good sign. So, I sat and watched for a little while. Again, there were no hand pays. But, there were small wins.

There were not a lot of small wins, but some. I had to consider if there would be enough to make any level of profit, somehow, with the right playing technique. When a machine opened up, I sat down and played to try and get a feel for its odds of winning.

My conclusion was that each slot machine was providing a taste in the first few bets placed, and then no wins other than usual entirely luck-based wins. This result was based on a slight but noticeable pattern I seemed to be detecting with my pattern recognition abilities.

My conclusion, and again it was based on a slight but noticeable pattern I seemed to be getting from my pattern recognition abilities, was that each slot machine was providing a taste in the first few bets placed, and then no wins other than usual entirely luck-based wins.

It was slight, but there. Combined with the location of these slot machines near a busy walkway, I had a working theory to try out. The next step was to create experiments or make further observations which would either prove or disprove the hypothesis. So, I did just that.

Assessing Foxwoods Casino Connecticut by Questioning Casino Staff

Assessing a casino isn’t entirely a linear process. I look for clues everywhere, mostly focused on looking for winning patterns I’ve seen elsewhere while also keeping an eye out for any new trends. Because, once I find an economic model put in place by the casino, then all I need to do is figure out how to take advantage of it.

So, between wandering around and then playing those Buffalo machines, I talked with our Casino Sales Executive. And, I asked him questions which would help me continue to look for a clue to winning patterns that I’d seen elsewhere. And, he gave me such a hint.

Upon questioned about Foxwoods Casino Connecticut having six sub-casinos, John told me which of these sub-casinos was newest and how new it was. He told me that the Great Cedar Casino was six months old.

That was important to know because it would have the latest and greatest in server-based operating software. And, I knew several ways to test those operating systems for winning patterns.

Being years newer than the other sub-casinos, the Great Cedar Casino would have the latest casinos operating software choices for casinos to “tinker” with the winning odds of their slot machines.

This bit of information resolved my most significant concern about visiting one of the largest casinos in the world. Some of the sub-casinos would be old, with few winning strategies due to likely having a central computer.

Other sub-casinos would be a bit more modern, and a few sub-casinos would be the newest. But, this was my first time at Foxwoods. How would I know which sub-casino was oldest, old, modern, and cutting-edge modern to apply the appropriate winning strategy?

Well, John told me which one was the newest casino. This was my next good hint for figuring out how to win at slots at Foxwoods Casino Connecticut. Now, let’s bring together everything learned, so far.

How to Win at Slots at Foxwoods Casino Connecticut

For those keeping track, here’s what we have learned so far:

Slot machine hand pays are relatively few, possibly even non-existent
Slot machines near a busy walkway provided an initial win, a taste
The newest sub-casino was the Great Cedar Casino

How To Win The Most Money At A Casino Online

These three things are what I learned about winning at slots in Foxwoods Casino Connecticut after being there for about 6 hours. I’d have preferred it would only have taken half that time but, well, it was one of the largest casinos in the world.

The next morning, on my way back from breakfast, I kept an eye on slot machines facing the main walkway, the most extensive walkway I’d yet seen, for the Great Cedar Casino. And do you know what I saw? I saw a winning slot machine at 8 a.m.

It was a penny machine automatically playing off free spins. The current jackpot was about $500, and continuing to close with only 20 or so free spins out of 85 completed.

Francis, the slots player on that machine, was happy to tell those gathered that he’d only put a $20 bill into the penny slot machine. On his first bet, the first push of the button, he won those 85 free spins.

And, he hadn’t played maximum credits. Maximum credits was 600, and his bet was for 150 credits. So, for a single $1.50 bet, he was already up to $500 and continuing to climb.

About 10 minutes later, we all congratulated him when the rising jackpot went over the taxable limit of $1,200. Another 5 minutes later, the last free spin was over, and his taxable jackpot on this penny machine stood at $1,474.27.

This slot machine matched all the winning criteria I had observed, plus one more that I’d already known was possible from a casino Ohio. This fourth criterion was simply this: Most likely, with it being a weekday morning, that slot machine hadn’t been played for a while before this jackpot.

Again, all of this is simply a working theory of a specific casino slot machine setup built step-by-step with careful observation and unbiased deductive reasoning and critical thinking. The point is, I had a working hypothesis to test. So, I did.

Over the next few mornings, I won small jackpots on the slot machines facing that walkway, trying only to play slot machines not played for a while.

Within a few bets, I won $315.45 on Saturday at 4:30 a.m. and, at more normal times, $89.25, $87.60, $135.60, and $105.60. On several other attempts, I won about as much as I had bet. Three times, I didn’t win anything.

Since each bet was between $1.50 and $6.00 on these penny machines. According to my gambling records, I spent about $40 in bets and won a total of $745.50. My profit was just over $700 when using this winning strategy only, not including what I spent learning to win.

Optimizing How to Win at Foxwoods Casino Connecticut

Optimizing this strategy centers around the fourth winning criterion, Specifically, it centered around the hypothesis that slot machines not played for a while tended to give our higher jackpots.

With the weekend approaching at one of the largest casinos in the world, the slot machines I wanted to play were getting a lot of use, probably played at least once every hour for 24 a day.

But, optimizing this strategy during a busy weekend at the casino is entirely possible. I suggest picking your candidate slot machine as soon as whoever is using it finishes playing, then proceed to read a book for a while.

How long should you read the book? I have no idea. I’d suggest waiting between 20 minutes and two hours before playing the slot machine. Wouldn’t this be boring, you ask? Well, that would entirely depend on the book, now wouldn’t it.

I do have to wonder what the casino’s reaction would be to someone reading a book at an idle slot machine? Would a random casino employee know that it has been set up to provide a taste? As taste that would cause observers to run and play on another slot machine, thereby recouping the cost to the casino?

Or, other slots players may complain that, if you don’t want to play it, they will. So, as usual, there is always more to learn. If you try reading at a slot machine, and you get a reaction from the casino, I’d be very interested in knowing. Thanks.

I did share this winning strategy with other gamblers attending the Gamblepalooza event, with a bit more details offered to a few in thanks. They all came back later saying how much I had helped them win at slots.

One even showed me a voucher for a little over $1,100, shown below, which I reasonably assumed was from winning several non-taxable jackpots via the winning strategy I have also described here.

They seemed quite happy with it, which made me happy. But, again, for me as a high roller…. Well, let’s just say it was missing a few zeros. But, that’s how it is for me.

Summary of Easily Win a Little at Slots at Foxwoods Casino Connecticut

From Thursday, April 19, through Sunday, April 22, in 2018, I visited Foxwoods Casino in southern New England to generate this blog article for you.

My goals for this casino trip were to provide another casino trip report, and also to meet members of my audience as well as other visiting gambling podcasters.

My third goal was to figure out if there was any way to systematically win at slots at this tribal casino, one of the largest casinos in the world and indeed the most significant tribal casino. I successfully accomplished all three goals.

Through using my pattern recognition abilities, deductive reasoning, and critical thinking, I developed the following working theory of how to win at slots at Foxwoods from making the following observations:

Slot machine hand pays are relatively few, possibly even non-existent.
Slot machines near a busy walkway provided an initial win, a taste.
The newest sub-casino was the Great Cedar Casino.
Initial wins, or tastes, were larger on idle slot machines.

I then used this working theory myself, as well as shared it with several of my fans and fellow gambling podcasters, to win small jackpots on slot machines at Foxwoods Casino Connecticut.

How To Win At The Casino

And yet most casinos are profitable, which means the players are losing more money than the casinos.

That means your biggest challenge is to stay in the game long enough to become one of the 1 in 4 players who comes out ahead.

If that sounds like a paradox to you then you are correct. The Gambler’s Paradox is that the longer you play the game the more likely you will both win and lose.

How can that be so?

In an honest gambling game neither you nor the casino knows the outcome of the next wager. The chances the casino wins are better than the chances you win, but there is still a chance you can win. They cannot take that away from you, and that is what makes gambling so appealing and so risky.

If you’re going to gamble, the best way to enjoy the games you play and improve your chances of winning is to manage the risks you take. Here are 15 ways you can manage risk across a variety of games. There are no betting systems that ensure you will win. You just have to make shrewd choices about where, when, and how you risk losing your money.

1. Only Make Small Stakes Wagers

The number 1 mistake gamblers make is to increase their wagers above the minimum requirement for the maximum payout. Whether you are playing slot games or table games, you always lose money faster by playing for high stakes. If there is no improvement in your chances of winning the next round when you bet more money than the minimum, then you should not bet more money than the minimum.

In most cases, casino games pay the same odds regardless of how much you wager. There are some slot games that do offer better payback percentages and sometimes better odds if you increase your bets, but unless the game rules explicitly state this is the case, you should assume you have as much chance of winning or losing with a $5 bet as with a $50 bet.

And while it’s tempting to tell yourself you’ll win more money with higher stakes wagers, the truth is that on average you lose your money faster with higher stakes wagers. Casinos only limit the size of your bets for two reasons:

They have to make sure they can cover any extraordinary player wins
They want you to have a good time while you play so that you return repeatedly

The casino will retain a percentage of the money you wager but that percentage increases rapidly as you make higher stakes wagers.

2. Only Gamble with Bonus Money

With over 2,000 licensed and regulated online casinos to choose from, you can almost always find a casino offering a few dollars for free. You either go with a low balance “no deposit” bonus or you deposit some money for a matching bonus. Either way you have to meet a playthrough requirement before you can keep any money you win.

If you join only one casino a week you could play with 50 deposit bonuses a year, giving yourself a couple of weeks off without playing. Unless you are reckless and foolish, you should win some money during those 50 weeks. By playing conservatively with the minimum bets, you’ll extend the life expectancy of your welcome bonuses.

How does play through usually work?

You will be asked to gamble anywhere from 10 times to 50 times the amount of your welcome bonus or your deposit plus welcome bonus. You might be tempted to cut that requirement short by making larger wagers, but remember that you are less likely to come out ahead when you bet more than the minimum that the game requires.

Be patient and fulfill the gambling requirement with smaller wagers. Your chances of keeping some of the welcome bonus money are better, and your chances of winning some money are better.

3. Only Use Betting Systems that Conserve Your Money

The idea that you can “get back” money you have lost is the doom of many a gambler. The Gambler’s Fallacy is assuming that any streak of bad luck will be balanced by a streak of good luck. Too many betting systems assume that if you increase your bets by some percentage or multiple after each loss you increase your chances of winning back money you just lost.

In reality the less money you risk on each wager the more wagers you can make and the more likely you will recover some losses before your money runs out. There are no guarantees in life or gambling, but you do improve your chances of winning by playing more often and the least expensive way to play more often is to not throw your money away on big stakes wagers.

But everyone likes to make a big bet once in a while. There are ways you can enjoy taking a larger risk without losing all your money. Set some ground rules for yourself so you know when it is safe to make a higher stake wager.

For example, you could arbitrarily decide to double your wagers every four to six rounds of play. This is a random process that makes no promises about the future.

Another way you can give yourself free rein to play higher stakes wagers is to decide on a percentage of your available money that you will play with on each wager. Say you choose to make 5% wagers. If you start with $200 your first wager will be $10. If you lose your $10 you continue to make $10 bets until the basic rules of rounding tell you that $5 is required to stay close to your 5% bet.

If you have a streak of good luck and start winning then sticking to the 5% rule allows you to increase your wagers without risking most of your money at any time.

There are other systems that allow you to gradually or randomly increase your bets while conserving most of your money.

4. Only Play Games with Reasonable Payback Percentages

Everyone will immediately tell you to play blackjack or baccarat and to stay away from roulette and slot machines. But the truth is that blackjack requires some skill. If you don’t know when to hit and when to stand, your chances of hanging on to your money are just as poor with blackjack as with many slot games. You can lose your money quickly at the games with the lowest house edge if you don’t know what you are doing.

The house edge is the percent of player wagers that the casino expects to keep over time. This is by no means a reliable predictor of how much you will win or lose. Regardless of what the game is, if you don’t know how to play it well then you should assume that the payback percentage for you is somewhere between 60% and 80%. That leaves you enough statistical room to do well on a random basis but nowhere near as well as a skilled player should do.

One advantage of a slot machine game over blackjack is that if the game declares the payback percentage is above 95%, you have a better chance of winning more money on the slots than at a game of skill where you don’t know the rules very well.

Play to your level of skill or else find a game that randomly pays better than others.

5. Play a Simplified Blackjack Strategy While You Learn the Game

Everyone asks for advice when they learn to play blackjack. But when it is your money on the table you will be more overwhelmed by watching other players as you try to understand the rules of the game.

Blackjack strategy is based on knowledge of the probabilities of how the cards can be played. The casinos require their dealers to play by the simplest strategy possible because they are counting on the players to make mistakes. Because the dealer only draws cards after the players the casino is more likely to win on a weak hand than the players.

So here are three simple rules that beginning blackjack players can use to stay in the game without having to worry about counting cards and knowing all the probabilities.

Always split pairs of Aces, 6s, 7s, and 8s.
After deciding whether to split, always hit on any hand of 12 or less.
Always stand on any hand of 13 or higher.

Experienced players will weigh their chances based on the cards showing on the table, particularly the dealer’s cards. Beginning players are more likely to make mistakes if they try to do all the math in their heads, and it will be obvious to everyone else you don’t know much about the game if you sit there staring at the cards and trying to do calculations.

These rules are designed to prevent you from busting. All that does is keep you in the game until the dealer’s turn to draw cards comes around. At that point the dealer will either bust or end his hand with 17 to 21. You have 0% chance of beating the dealer if you go bust by drawing one card too many. Your best bet as a beginner is to force the dealer to draw cards, if you can.

6. Only Gamble when You Feel Fresh and Relaxed

Casinos will do everything they can to help you lose track of time and make poor decisions. They will fetch alcoholic drinks for you. They set up games to make a lot of noise so it sounds like people are winning all around you. They keep the light bright, the windows far removed from view, and don’t show you any clocks.

You should take a break every few minutes. Wear a watch so that you don’t lose track of time. Set alarms on your smartphone so that you stop gambling every 20-45 minutes. You need to fight that somnolent state of mind that keeps you drawing cards or spinning reels or laying down new bets on the table over and over again.

It’s okay to get up and walk around. If you play the slots don’t fall in love with one machine. Allowing yourself to believe you have to stay at any given machine is a poor decision. When you need a break it’s better to change games than to sit there and worry about how you’re going to keep other people from playing the machine.

7. Keep at Least Five $20 Bills in Your Wallet

When you have a good run at a casino you may accept high denomination bills from the cashier. Regardless of how much you win, always ask for the last $100 to be paid to you in $20 bills. Here is why:

When you walk away from the cashier’s window you’ll see some game you are tempted to play. You risk less by putting $20 into that game than by putting $50 or $100 into it. It’s just easier to live with a $20 loss than with a $100 loss, and you are more likely to want to get your money back if you lose $100 than if you lose $20.

Also, as you play different games around the casino it’s always a good idea to run up your winnings on several different tickets. Keeping 3 to 5 tickets in play assures that when you lose all the money on one ticket you can move on quickly without regret. If you don’t like filling out the tax forms then cashing in a ticket when it hits $800 to $900 is easy enough to do, and you still have other tickets to play with. Don’t just cash everything in at the same time.

8. Ask for a Check When You Win a Large Jackpot

Casinos may be willing to pay you by check if you win thousands of dollars (or more) on one of their games. Sure, they want you to keep playing so that they win some of that money back but you have the right to leave with all your winnings.

In a land based casino if you take most or all your prize money in check format then you cannot fritter it away. On the other hand, cashing a check from an online casino may be problematic.

Make it as hard on yourself to gamble away your winnings as possible.

How to win the most money at a casino winnings

9. Comparison Shop between Casinos

Whether you are playing at land based casinos or online casinos, draw up a list of their table minimums, special rules, theoretical returns to players, and more. Make an informed choice about where you gamble. In Las Vegas, for example, many card players prefer to play at off-strip casinos where the table minimums tend to be lower than at the main strip casinos.

You may not have to change venues to get the best betting limits. Some casinos lower their limits during off-peak hours.

10. Place Odds Bets in Craps

If you know enough to limit your table bets to Pass or Don’t Pass, go ahead and place bets on the Odds when they are available. The house has no edge on Odds bets and this reduces their advantage on the Pass and Don’t Pass bets.

11. Avoid Playing against Local Poker Players

If there are players at a poker table who know each other or the dealer you should pass on playing at that table. These could be yokels who lose their paychecks every week but experienced players often prefer to play with strangers. Local players may be regulars who are very good at poker compared to casual card players.

However if you like a challenge and want to learn poker from people who are better than you then getting to know the local players may be the best way to study the game. Just remember that they will take your money and may not be the best potential friends you can make.

And some of those local guys may work for the casino as well. They keep the tables more full and the games more interesting but they are not playing with their own money. Their interest in the game will be different from yours.

12. Play in Tournaments with a Fixed Buy-in

You can still win prizes when you don’t gamble your own money. Paying a flat fee to participate in a slot, blackjack, or poker tournament gives you a way to manage your money. If you only play tournaments you can literally plan your gambling budget by the calendar.

Some tournaments may require you to gamble with your own money. Avoid these tournaments.

13. If You Play Keno Then Do It This Way

In every form of gambling the greater the potential payoff the more people who have to lose in order to cover that payoff. Among lottery games keno is the most well-known and also the most put down. All the experts tell you not to play keno because the chances of winning are so bad. And yet people still play keno. If you’re determined to play the game then you should understand a few things.

First: Although it has been said that playing keno is a low budget form of gambling that is not entirely true. While each ticket may be relatively inexpensive you can still buy as many tickets as you wish and some keno players may lay down $20 to $50 on the game for every drawing. To keep this a truly low budget form of gambling you must limit how many tickets you buy per drawing.

Second: Your best chance of winning on any drawing is to play the smallest picks possible. Some variations of the game require you play at least a Pick 2 (two numbers). The more numbers you pick the worse the probabilities get.

Third: The best spread on potential return is on the Pick 4. The combined potential return for Pick 4 is rated at 74%. That means you have enough ways to win combined with enough pays to nearly match the return for a Pick 1 (which is rated at 75%). The next three best picks in order of preference are Pick 3 and Pick 2 (both rated at 72%) and Pick 5 (rated at 71.6%).

Fourth: No matter how many numbers you pick in keno, the highest probability always falls on a combination that pays you nothing.

Fifth: The theoretical return to player on most slot machine games is better than on keno. And yet the probability of winning the highest combination in keno improves over slot machine games as you pick fewer numbers in keno versus playing more reels in slots. The probabilities in keno are more predictable as well because you know all the numbers used in keno whereas you don’t know how many slots are assigned to each reel or how the symbols are allocated across the reels.

The key takeaway here is to keep your expectations low by gambling on fewer numbers in keno. If your casino doesn’t allow you to play the Pick 1 option then go for Pick 4 and don’t buy more than a few tickets per drawing. The less money you spend on keno the longer it will take you to lose your money.

14. Never Play a Progressive Game with Your Beginning Stake

If you have to bet extra money to win a progressive jackpot pass on playing for the jackpot. If you are eligible for a progressive jackpot without betting extra money and you enjoy the game go ahead and play it but remember that the money for the jackpot comes from the players not the casino.

The rule of thumb with progressive jackpots is to assume that they lower the theoretical return to player by a small percentage. It is better to ignore the progressive option on table games and to play slot games that don’t offer progressives.

Although it’s great to win a progressive jackpot if you’re going to take on this increased risk then wait until you are ahead, set back at least the amount of money you started gambling with, and only gamble with “won” money when you play progressive games.

Always remember you lose your money faster by betting on progressive jackpots.

15. Treat Gambling as Part of Your Entertainment Experience

How much entertainment can you get for $200? If the casino offers perks such as discounts or rebates toward meals and shows, or even free drinks, food, and shows, then count those perks against the losses you incur as you play your favorite casino games. The evening’s experience should be fun and you should definitely seek the most bang for your buck.

While some gambling advice articles say you should ask for comps from casinos, remember that casinos use comps to keep players playing. They may comp you if you lose money and they may comp you if you win money; either way the purpose of the comp is to keep you spending money in the casino. Don’t play for comps, play for fun.

The membership rewards you earn by playing are not the kinds of comps you read about. If the casino offers you a free room in their hotel you should take that as a sign that they see potential profit in the exchange.

Conclusion

Much of what makes gambling fun is based on psychology. The casino uses bright lights, loud noises, and colorful displays to keep you mentally engaged in the games and the overall experience. Online casinos have fewer advantages in this area compared to land based casinos but the online casinos are always looking for ways to keep players engaged.

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Casinos don’t mind if you win at their games. They know that over time more people will lose than win and yet big winners are great advertising for a casino. You don’t have to treat every casino as the enemy, although you should always evaluate casinos on how greedy they are. Among both land based and online casinos you will always be able to find some who configure the percentages in their favor well above industry averages. Learn to make good choices about where and when you gamble.

Always remember that the prizes you win are being paid by other players. All you have to do is focus on paying fewer prizes to other players. Whether than means gambling less often, betting less per wager, or only playing a small number of games where you can expect to do well it all really comes down to how well you manage your expectations and your money.

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