The Dumbest Casino Players Ever sold

Not long ago i bought an apartment for the summers in the Reno, Nevada area. I still cannot accept the dampness of the south Florida summers. For anybody that don’t know Reno is nothing like Nevada, which is found in a bowl in the middle of the desert. Reno is in the high desert about 5, 000 feet above sea level.

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I have been planning a trip to Nevada for years and cannot help realizing a very strange decline in the complexity of the average casino player. I can remember a time when the table games, roulette, blackjack and the crap tables earned 80%-90% of a casino’s income and the slot machines earned 메이저사이트 the other 10%-20%. Today the whole process has been reversed. The video poker machines are earning 80%-90% of the casino’s income and the tables are earning whatever is left.

The ramifications of this transformation are huge if you understand the odds of casino games. Every casino table game has predictable chances that are set legally and custom. In short, it is possible to know the correct chances for every play at a casino table. The correct chances for a slot machine game are merely known to casino management and can be changed at will. There is only one limitation. By state law, the house edge in Nevada casinos cannot exceed 25%. As a practical matter, most casinos set the house edge in the high teens, 16%-18% being typical.

Contrast this horrific house edge with the house edge in the casino tables.

In blackjack the common player will be giving the house an edge of somewhere between 5%-10%. A genuine crackerjack card counter in a one-deck game, which is hard to find today, could have a 2%-3% edge contrary to the house. Just try pulling this off in real life. As soon as the casino sees that you are winning you will be escorted out of the casino. In a multiple deck game which is standard our crackerjack card counter is probably playing about dead even with the house.

For pretty much every bet on the roulette wheel, the house edge is a reasonable 5. 26%.

Back many years ago when casino players actually knew what these were doing the unchallenged king of the casino tables were the crap tables. This is where the term high-roller originated in. If you knew what you were, doing this is where you put out. A astute better can reduce the house edge to just 1. 41% and to below 1% depending on the house’s chances policy.

Since i was now spending some of my summers in Reno I decided that the smart money move was to patronize the so-called local casinos that cater to the local population rather than the tourist casinos on the deprive. The theory here being that the astute locals were receiving superior reward cards and a better over all deal than the stupid tourists who patronized the deprive.

Boy was I wrong!

As i patronized the local casinos, I was amazed to see the same stupid behavior that we was seeing in the tourist casinos on the deprive. The table games that gave which you fighting opportunity to win were almost empty and the stupid slot machines were getting plenty of action.

What on earth was going on?

I minted up a conversation with a position player who informed me that she had been living in Reno the past 30 years. I asked this proven loser the $64, 000 question. Why we hadn’t he graduated to the table games where he previously a fighting opportunity to win? He laughed and said that she really didn’t understand the table games and it was too complicated to learn. I could not believe it. I know for a fact that there are least a half few more sound books on casino playing. I have read them.

Since i could not believe what I was hearing, I kept asking the locals the same question and kept getting the same answer.

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