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Casino Gambling For Dummies - Kevin Blackwood

Casino Gambling For Dummies

(Autor)

Buch | Softcover
384 Seiten
2006 | 2nd edition
For Dummies (Verlag)
978-0-471-75286-8 (ISBN)
CHF 29,90 inkl. MwSt
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Half the states in the U.S. offer some form of casino gambling, and gamblers spent over $2 billion at American casinos in 2004. This hands-on guide shows would-be high rollers how to maximize winnings and minimize losses in the most popular casino games-poker, blackjack, keno, baccarat, craps, roulette, slot machines, and even sports wagering.
Earn comps and avoid big losses


Bet wisely, beat the house, and bring home the bucks!

Crazy about casinos, but worried about losing your shirt? Relax! This hands-on guide is filled with insider secrets and tips for maximizing winnings and minimizing losses in the most popular casino games --blackjack, poker, craps, roulette, slots, and more. You get the scoop on everything from game rules and jargon to making the best bets (and knowing when to quit).

Discover how to
* Understand the odds
* Develop winning strategies
* Avoid gimmicks and bad bets
* Manage your money effectively
* Gamble on the Internet
* Deal with the IRS

Growing up in a conservative small town along the Maine coast, Kevin Blackwood never anticipated visiting Sin City. With aspirations of becoming a college professor, he traveled the usual roads of academia, earning bachelor’s and master’s degrees in religious education and Biblical history. His journey took a sudden detour in 1984. While working on his doctorate at the University of Oregon, he learned how to count cards and started playing blackjack on weekends. His studies began to pale in comparison to the exciting world of gambling. And one day, after a futile effort to find a parking spot on the crowded campus, he bagged his plans to teach church history, quit school — and headed to Las Vegas. Since then, Blackwood has lived what many would consider the American dream, earning big bucks while working only part-time, winning consistently at blackjack tables all over the world. More recently, he has jumped on the Texas Hold’em bandwagon, with several poker tournament wins under his belt. His unusual life experiences inspired Blackwood to write a novel, The Counter (Wooden Pagoda Press). In addition, he is the author of Play Blackjack Like the Pros (HarperCollins), the most comprehensive guide to becoming a winning blackjack player. He has also written for magazines, including Casino Player, Midwest Gaming and Travel, Blackjack Insider, and Gambling.com. His TV appearances include the World Series of Blackjack (semifinalist 2005) and the Ultimate Blackjack Tour (finalist 2006).

Foreword xxi

Introduction 1

About This Book 2

Conventions Used in This Book 2

What You’re Not to Read 3

Foolish Assumptions 3

How This Book Is Organized 3

Part I: Casino Gambling Basics: Everything You Need to Know to Start 4

Part II: Conquering the Table Games 4

Part III: Beyond the Tables: Slots, Video Poker, Sports Betting, and More 4

Part IV: Taking Casino Gambling to a Different Level 4

Part V: The Part of Tens 5

Part VI: Appendixes 5

Icons Used in This Book 5

Where to Go from Here 6

Part I: Casino Gambling Basics: Everything You Need to Know to Start 7

Chapter 1: Casino Gambling 101: The Inside Scoop 9

Entering the Casino: What You’re Up Against 10

Marketing their way to your wallet 10

Accepting the odds: The house rules 10

Protecting your money with a plan 11

Identifying the colors of the rainbow 12

Playing the Games: What’s Your Poison? 12

Touring the table games 13

Turning to machine games 15

Betting on ball games and fast horses 16

Gambling Near and Far: Where to Find Casinos 17

Nevada: Viva the gambling state! 17

Atlantic City: Vegas of the east 18

Diving into on-the-water gambling 19

Indian gaming: Cashing in on less glitz 19

Beyond the borders: Gambling abroad 20

Betting on the Internet 20

Measuring Your Gambling IQ 21

Chapter 2: Taking a Quick Stroll Through the Casino 25

(Casino) Knowledge Is Power 26

Navigating the Casino Maze 26

Getting in is the easy part 27

Slot machines: Place them and they will come 28

Table games: Penetrating the inner circle 28

The bar: Quiet escape — or not? 29

Cashing out: Heading to the cashier’s cage 30

Meeting the Casino’s Cast of Characters 31

In the pits: Serving the table players 32

Slot employees: The reel dealers 33

Management: Running the tables 34

Maintaining a Safe and Secure Environment 36

Security personnel: The human touch 36

Surveillance: The eye in the sky 37

Taking safety into your own hands 38

Chapter 3: Probability, Odds, and a Bit of Luck: What You Need to Succeed 39

Defining Luck: A Temporary Fluctuation 39

Understanding the Role of Probability 40

Identifying independent events 41

Recognizing dependent events 41

Factoring in the odds 42

Examining How Casinos Operate and Make Money: House Edge 42

Charging a fee 43

Paying less than the true odds 44

Muddying the odds 44

Calculating the Odds in Casino Games 45

Identifying payoff odds 46

Getting an edge on the house edge 47

Avoiding Myths, Magic, and Other Superstitions 47

Going with your hunches 48

Playing a lucky machine 49

Breaking the law of probability 49

Forecasting the trends 49

Succumbing to selective memory 51

Relying on betting systems 50

Quitting early 51

Chasing rainbows 52

Chapter 4: Managing Your Money in a Casino 53

Setting a Budget and Sticking to It 54

Playing within your means 54

Determining your daily limits 55

Sizing up your bets 56

Keeping your bets consistent 56

Limiting your losses 56

Looking at Casino Credit and Its Risks 58

Grasping casino credit 58

Crediting yourself with an account 59

Using markers against casino credit 60

Knowing When Enough Is Enough 61

Knowing the odds of failure 62

Knowing thyself 62

Resisting the urge to chase losses 63

Sipping, not sinking 64

Recognizing a gambling addiction 64

Understanding Taxes and the Law 65

Deducting your losses and taxing your wins 65

Unreported winnings: Don’t fool the IRS 66

Counting comps for tax purposes 66

Lowering your gambling tax 67

Keeping a gambling log 67

Sharing with Uncle Sam upfront 68

Wagering with a group: Who pays the tax? 68

Chapter 5: Minding Your Gambling Manners 69

Dressing (And Acting) the Part 70

Getting comfortable 70

Dressing up for evenings 71

Smoking permitted (sometimes) 71

Drinking encouraged 72

Playing Well with Others: Minding Your Table Manners 73

Knowing your limits 73

Joining a game 74

Thou shall not touch and other table commandments 74

Giving Gratuities to Dealers and Others 75

Tipping your dealer 76

Tipping other casino employees 78

Avoiding the Appearance of Cheating 80

Part II: Conquering the Table Games 83

Chapter 6: Will Bluff for Food: Poker 85

Uncovering the ABCs of Casino Poker 86

Paying homage to hand hierarchy 87

Knowing the dealer 90

Following basic poker etiquette 90

Betting the Farm (Or Other Parcels of Real Estate) 91

Grasping the betting basics 92

Following betting limits 92

Knowing when to check or fold 93

Upping your knowledge of raising 93

Bluffing: When deception pays 94

Betting when you’re low on chips 94

Checking Out the Most Popular Versions 95

Playing Seven-Card Stud 95

Holding your own at Texas Hold’em 99

Flirting with Omaha/8 102

Avoiding Poker Pitfalls 103

Chapter 7: The Easiest Game to Beat: Blackjack 109

Dealing Out Blackjack Basics 110

Setting the scene 110

Valuing your cards 111

Preparing to Play 111

Finding a table: Strategic seating 112

Purchasing chips 113

Homing in on house rules 114

Dealing what’s in the cards 115

Betting Your Bottom Dollar 115

Playing Your Hand 116

Exercising your options 116

Going beyond Lady Luck 117

Strategizing in the computer age 120

Making a side bet 121

Drawing the dealer’s curtain 122

Looking at payouts 123

Blackjack protocol: How to avoid trouble 123

Identifying Common Mistakes 124

Chapter 8: Rolling the Dice: Craps 127

Setting the Craps Stage 127

Casting the dice 128

Surveying the lay of the table 129

Getting to know the craps crew 131

Shooting for the whole table 132

Minding Mr. Manners at a craps table 132

Walking through Craps, Step by Step 133

Buying in 133

Coming out (no, not of the closet): The first roll in craps 134

Making a point 134

Relying on Strategy to Place the Best Bets 135

The pass-line bet 136

The come bet 136

The don’t-pass line bet 137

The don’t-come bet 139

The odds bet 139

Avoiding “Sucker” Bets 142

Resisting the lure of Big 6 and Big 8 142

Swearing off the place bets 142

Steering clear of buy bets 143

Laying off lay bets 143

Passing up field bets 144

Saying no to proposition bets 144

Finding out the hard way 146

Chapter 9: Spinning Wheel Goes Round n’ Round: Roulette 147

Getting the Spin on Roulette Basics 148

Starting with the wheel 148

Taking in the table layout 149

Betting with chips of a different color 151

Dealing with the croupier 152

Betting: The Inside (and Outside) Scoop 153

Knowing your (table) limits 153

Making inside bets: Long shots and big payouts 154

Making outside bets: Better odds but lower payouts 155

Reciting Roulette Etiquette 156

Improving Your Odds 157

Starting with the basics 157

Playing a European wheel 158

Avoiding Strategies That Don’t Work 159

Basing your plays on history 159

Blaming wheel bias 159

Buying into betting systems 160

Chapter 10: Not Just For High Rollers: Baccarat 161

Counting Down the Baccarat Basics 162

Formal baccarat: High stakes, high rollers 164

Minibaccarat: Less glitz, lower stakes 166

Stepping into Baccarat 167

Positioning yourself to play 167

Betting the banker (or the player) 168

Dealing the hand 168

Drawing for another card 169

Avoiding Baccarat Time Wasters 172

Wagering on ties 172

Note taking and keeping score 172

Counting cards 172

Relying on instinct 172

Chapter 11: Tackling the “Riskier” Table Games 173

Cruising for Caribbean Stud Poker 174

Playing the game: An overview 174

Assessing your odds 176

Betting in Circles with Let It Ride 177

Playing the game: An overview 177

Understanding the payout 179

Implementing some simplified strategy 180

Avoiding a side bet 181

Picking Up on Pai Gow Poker 181

Playing the game: An overview 182

Calculating your odds 184

Implementing some strategy 184

Tripling Your Fun with Three Card Poker 184

Playing the game: An overview 185

Reckoning your odds 187

Avoiding the Riskiest Table Games 187

Part III: Beyond the Tables: Slots, Video Poker, Sports Betting, and More 191

Chapter 12: Mastering the Machines: Slots 193

Understanding How to Play the Slots 194

Playing the game: Easy as pushing a button 195

Dissecting the innards: How slots work 196

Getting wise to virtual reel-ality 196

Entering the coinless age: Cashout tickets 197

Identifying Differences in Slot Machines 198

Increasing wagers with multipliers 198

Zigzagging for multiple paylines 199

Tuning in to theme machines 200

Working the progressive slots 200

Engaging in interactive machines 200

Getting a Handle on Slots Odds 202

Stretching Your Money at the Slots 203

Reading the paytable 203

Choosing the type of machine 204

Choosing the denomination you bet 204

Hitting an empty casino 205

Playing full credits on progressive games 206

Maximizing your fun 206

Honing Your Slot Etiquette 207

Saving a machine 207

Playing two machines at once: Double trouble 208

Minding your manners 208

Playing for Comps 208

Taking advantage of the comps 209

Signing up for a slot club 210

Cashing in on cash rebates 210

Chapter 13: Scoring Big in Video Poker 211

Poker? Slots? Characterizing Video Poker 211

Contrasting video poker and slots 212

Distinguishing between video and traditional poker 212

Understanding the allure 213

Playing the Game 214

Making your bet 214

Stretching your bankroll 214

Making your best hand in one draw 215

Collecting your winnings 215

Putting Your Money on the Best Machines 216

Holding out for the highest payout 216

Comparing short-pay and full-pay machines 217

Advancing to progressive machines 218

Playing Jacks or Better: The Best Bet for Beginners 218

Analyzing the payout 219

Adding strategy to the equation 220

Sticking to the system no matter what 223

Investigating Other Video Poker Machines 224

Walking on the wild side 224

Multitasking with Multi-Game Play 226

Exploring other machines 227

Chapter 14: Striking the Mother Lode: Keno and Bingo 229

Catching On to Keno Basics 230

Playing the game 230

Filling out your ticket: X marks the spot 231

Winning and collecting 234

Exploring keno variations 236

Improving Your Odds at Keno 237

Figuring Out the ABCs of B-I-N-G-O 238

Setting the scene: The cast, crew, and props 238

Playing B-I-N-G-O down the line 240

Spicing up cover patterns 241

Uncovering bigger prizes with coverall 242

Calling Forth Winning Bingo Strategies 242

Seeking the ideal bingo venue 242

Winning at bingo: Odds aren’t all that bad (sometimes) 243

Chapter 15: From the Cubs to the Bears: Sports Betting 245

Defining Sports Betting: The Legal Kind, That Is 246

Betting on a wide world of sports 247

Making money for the house 248

Leveling the Betting Field with Lines and Point Spreads 248

Setting the money line 249

Defining point spread 249

Being a total winner 250

Moving the line 251

Eyeing the exotics (bets, not dancers) 252

Placing Your Bet in a Sports Book 254

Reading the board 255

Redeeming your winnings 257

Rounding Up Sports Betting Differences 257

Tackling football wagers 257

Slam-dunking basketball bets 258

Taking a swing at baseball betting 258

Knocking around some boxing bets 259

Lining up hockey wagers 259

Understanding Handicapping Basics 259

Relying on Strategic Handicapping 260

Chapter 16: More than Just the Derby: Betting on Horse Racing 263

Identifying Different Racing Formats 263

Betting in a Casino: Inside the Race Book 265

Understanding and Reading the Sheets 266

Placing Bets in the Race Book 267

Understanding the system: The feeling is mutuel 268

Sticking to straight bets 269

Experimenting with exotic bets 270

Placing your bet at the window 270

Winning strategies for your wagers 271

Getting a Hand on Horse Racing: Handicapping Basics 271

Digesting the race data: The Daily Racing Form 272

Assessing the speed factor 273

Contemplating pace 274

Showing a bit of class 274

Rounding into form 276

Considering other factors 276

Trip handicapping 277

Part IV: Taking Casino Gambling to a Different Level 279

Chapter 17: Casino Gambling: Online and in the Comfort of Home 281

Mapping the Legal Landscape 281

Understanding How Online Casinos Work 282

Connecting with cyberspace 283

Getting up to speed with practice games 283

Setting up an account 284

Paying to play 284

Accessing your winnings 285

Locating the Best (and Safest) Online Casino Games 286

Taking the first step: Online watchdogs 286

Sticking to reputable software suppliers 287

Checking out license origin 288

Identifying other signs of a good site 288

Selecting the best games for Internet play 289

Taking Advantage of Promos and Giveaways 291

Chapter 18: The Wild World of Tournaments 293

Sizing Up Tournaments: Which One Is Right for You? 294

Betting on the Most Lucrative Tournaments 295

Taking advantage of overlays 296

Finding a freeroll (Who says you can’t get a free lunch?) 296

Entering a Tournament (And Knowing What to Expect) 297

Eyeing the competition over cocktails 298

Playing with fixed chips 298

Seating yourself in the tournament section 299

Strategizing to Eliminate the Competition 299

Incorporating basic strategy for tournament success 299

Soaring over the poker crowd 300

Tabling a win with table tournaments 303

Maneuvering through slot and video-poker tournaments 304

Part V: The Part of Tens 307

Chapter 19: Ten Cool Places to Gamble 309

Living Large in Las Vegas 310

Landing on Boardwalk: Atlantic City 310

Touring Tahoe and Reno 311

Cruising the High Seas 311

Rolling on the River (or Lake) 312

Exploring Native American Casinos 313

Collecting Chips in Connecticut 313

Striking Gold in California 314

Finding Hidden Treasures in the Caribbean 315

Joining the Jet Set 315

Chapter 20: Ten (Or So) Common Casino Gambling Mistakes to Avoid 317

Gambling at All 317

Failing to Keep Records 318

Bouncing Around Like a Pinball 318

Looking for Luck in All the Wrong Places 318

Giving Up Too Easily 319

Breaking the Law (Of Averages) 319

Relying on Betting Systems 320

Being Seduced 320

Losing It Online 320

Taking It to the Limit, One Too Many Times 321

Overindulging 321

Blaming Others 322

Chapter 21: Ten Ways to Score Comps 323

Ask and Ye Shall Receive 324

Impressing the Boss with Club Card Mileage 324

Finding the Weakest Link 325

Betting More When the Boss Is Looking 325

Betting Less When the Boss Isn’t Looking 326

Making the Bathroom Your Second Home 326

Looking Like You’re Losing 326

Greasing the Wheels 326

Never Looking a Gift Horse in the Mouth 327

Behaving with Courtesy and Respect 327

Part VI: Appendixes 329

Appendix A: Glossary 331

Appendix B: Important Resources 339

Books 339

Magazines 340

Web Sites 340

Gamblers Anonymous 342

Index 343

Erscheint lt. Verlag 1.8.2006
Vorwort Max Rubin
Sprache englisch
Maße 185 x 231 mm
Gewicht 499 g
Themenwelt Sachbuch/Ratgeber Freizeit / Hobby Spielen / Raten
ISBN-10 0-471-75286-X / 047175286X
ISBN-13 978-0-471-75286-8 / 9780471752868
Zustand Neuware
Informationen gemäß Produktsicherheitsverordnung (GPSR)
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