Page 6 - February 2009 • Southern California Gaming Guide
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Page 6
SOUTHERN CALIFORNIA GAMING GUIDE
February 2009
Bill Burton: About Gambling
7Money Management Tips for Casino Players oney management cannot change the house edge of any casino game, but it can help you have a more enjoyable casino visit. Money management is how you handle your money in the casino to make sure you have enough to last for your entire casino visit. A good bankroll management system will help you control the amount of money that you put at
risk. Managing your money in the casino will enable you to play longer. Here are seven simple money management tips.
If You Lose...
Don’t Borrow Money
Don’t ever borrow money or take cash advances on your credit cards to use for gambling. e fees imposed when you use your credit card for a cash advance in the casino are huge. And these fees are on top of the fee charged by your credit card company for a cash advance. Taking a cash advance to play a negative expectation game is very costly and you will lose more money than you planned.
When You Win...
Lock Up a Profit
If you do win during your playing session, don’t forget to lock up a profit. Take some of your winnings and set it aside. There is nothing worse than winning money at the casino and then giving it all back. Some players feel that when they win they are playing with the casino’s money. However, once you win, it becomes your money that you are playing with. Many players win and then get greedy and end up losing all of their winnings. The one advantage the player has over the casino is that he or she can quit playing anytime. Winners know enough to quit and take a profit after winning.
Until next time, remember: “Luck comes and goes.. Knowledge Stays Forever.”
Bill Burton is the Casino Gambling Guide and columnist for the Internet portal About.com, located at http://casinogambling.about.com. He is the author of 1000 Best Casino Gambling Secrets and Get the Edge at Low Limit Texas Hold’em available online at www.billburton.com. He is also an instructor for Golden Touch Craps, http://www.thecrapsclub.com.
Before You Play...
Set a Budget
Gambling is a form of entertainment that does not have a set price. e money you spend gambling should be considered an entertainment expense and you should never take money to the casino that you can’t a ord to lose. If you do come home a winner, of course, you will be happy. But the reality is that many players will lose money when they play at the casino. You know this up front and take your chances. at’s why the money you use to gamble should be money that you budget for entertainment. Before you go to the casino, determine the amount that you want to use for gambling and stick with it.
Set Your Playing Limits
Before you play, you need to decide on the limits of the games you will be playing. e size of your bankroll will be a determining factor in the limits you play. If your bankroll consists of $50, you would be foolish to sit down at dollar slot machines. Stick with quarters or nickel slot machines. Your bankroll is not big enough for the higher limit games.
When You Play...
Use Smaller Denomination Bills
When you go into the casino take only the money you allocated for that gambling session. Feed small
denomination bills into the machine. If you have $100 for your playing session, you should not put a $100 bill into the machine. Instead, it is better to get change— ve $20 bills—and use them one at a time. If you don’t have any luck with your rst $20, take a break or switch machines.
Don’t Play Multiple Machines
Playing more than one slot machine just exposes you more to the house edge. In the long run, you will just lose your money faster. Playing two machines involves standing or leaning out of your chair to reach over to the adjacent machine. This is not very relaxing. Sit down in the chair in front of your machine and relax. Focus on playing one machine at a time.
Don’t Play Off Credits
The ticket-out system was designed so you will be more inclined to play off a few credits rather than walking to the change booth to collect a small amount of money. Keep in mind that playing off a dollar here and there adds up to a lot of money over the course of your casino visits. Most new slot machines allow you to put vouchers from one machine into another. Or take advantage of the change machines that many casinos have, where you insert your ticket and receive cash.
February 2009 Table Game and Slot Tournaments
BARONA VALLEY RANCH RESORT AND CASINO TUESDAY, February 17th through THURSDAY, February 19th Birthday Slot Tournament
Any Club Barona member with a birthday in February can participate in a free slot tournament held February 17th through February 19th from 10 a.m. to 7 p.m. The top-scoring daily player wins $1,000, with $500 for second and third place. Just present your id and Club Barona card to play. Winners will have one week to claim prizes.
Barona’s Three Card Poker Progressive Jackpot
Barona’s ree Card Poker progressive jackpot keeps growing. When you place a small side bet of $1 on each hand, you are automatically quali ed to win all— or part—of the progressive jackpot.
Win a Share of $25,000 Cash!
From January 26th through February 9th, earn drawing entries with qualifying hands at select table games. Join Barona on February 9th at 8 p.m. for the
Grand Finale drawing and take home your share of $25,000.
SANTA YSABEL CASINO
THURSDAYS at 7 p.m. and SUNDAYS at 1 p.m. Blackjack Tournament
Enter to win up to $500 in cash.
TUESDAYS in FEBRUARY
Sweetheart Slot Tournament
Eagle’s Nest Club members that rst earn a total of
50 points with their teammate can participate in the Sweetheart Slot Tournament. At the end of each round, the scores of each team will be combined, and the team with the highest total combined score will participate in the nale tournament for a chance to win $200 cash.
MONDAY through FRIDAY in FEBRUARY Suited Sweet Hearts
Win instant free play with suited King and Queen of Hearts.
MONDAY through FRIDAY from 2 p.m. to 3 p.m.
Happy Hour in the Pit
From 2 p.m. to 3 p.m. the minimum for table games will be lowered to $1.
VALLEY VIEW CASINO
SUNDAY, February 22nd at 12 p.m.
The Kings and Queens of Blackjack Tournament
$40 buy in, $20 re-buys, $5,000 guaranteed prize pool. Check-in begins at 11 a.m. All tournament participants receive $20 in Match Play if they are Players Club members. Entries may be purchased at the casino cashier. Tournament space is limited, so buying entries early is recommended. For more information, please call 1-866-view-win.
VIEJAS CASINO
New Lower Limit Blackjack
Play $1 Blackjack with a maximum bet of $9 and $2 Blackjack with a maximum bet of $100. Cheaper to learn and you can play longer. Get in the action today!
Tournaments
About Gambling with Bill Burton