News of Gambling

Monday, January 11, 2021

Casinos – What Do They Offer?

Casinos often offer much more than gambling. In Las Vegas, casinos are famous for their live entertainment, free buffets and much more. At Caesar’s Palace, there are regular shows by all types of famous celebrities including singers, comedians and magicians. Caesar’s Palace also offers a wide range of eating venues from fine dining restaurants, to casual dining cafes and plenty of bars and lounges. In addition to all of this, there is a large shopping area, and at the famous Venetian you can go gambling to your heart’s content, then take a gondola ride to wind down the evening. If you are not interested in gambling, entertainment, dining or shopping, maybe you can wind down with a full body massage in Caesar's Palace spa and fitness center.

Of course, all the free food, live shows and other features are really there to help diversify your gambling experience. The real reason the casinos exist is to provide you with quality entertainment with games of chance. Those games have come a long way since the old James Bond movies where hero and villain sit across the casino’s roulette wheel or the poker table matching wits.

Today there is video poker, progressive slot machine gambling, video blackjack and much more. The high-tech games are just as enticing as their older counterparts, and when you hear the jackpot sirens ringing on these machines, there’s no question who won, or where. Casinos today are bigger, more sophisticated and more dazzling than ever before.

To get more people into the casino, many establishments are offering incentive packages including books of coupons for discounted drinks, and some even offer a ‘bet matching’ incentive coupon that doubles your winnings on certain games. The casino scene offers many enticements and incentives, but the main attraction is always fun. Take a casino trip with a spending limit, good moderation habits and you’ll have just as much fun as any other night spot in town.

Bet on Sports Like a Pro

Sports betting is a challenging form of betting and despite its seeming lack of strategy and complete reliance on knowledge of the event, good sports betting actually relies on a great deal of strategy which must be used in order to win. The most important tactics involve a close analysis of the information upon which a sound judgment must be based and thereafter the bet must be placed. A winning strategy takes a few salient factors into account which are:

1. The amount of the bid

2. The kind of bet

3. The odds on offer

Sportsbooks in the US and Bookmakers in UK are entities that accept sports bets. The bets can be placed predicting the outcome of several sporting events like Baseball, Snooker, Basketball, Hockey, Soccer, Football, Tennis and hundreds of other sports and atheletic activities. Just to cover some basic definitions: a sportsbook is the one that accepts the sports bet. An oddsmaker is the one who sets the odds of betting.

Betting the Odds

In order to place a bet, you must first select the type of bet and the amount you will wager. This naturally will depend upon the odds that are being offered. Before you go ahead and place the bet, carefully scrutinize the range of available odds.

The odds must be in the ratio of at least 2:1 for the bet to be worthwhile. Another factor that must be taken into account is the amount being given by way of commission to the sports-book. This ideally should be a minimal percentage of the total value of the odds.

Given below is a list of some common kinds of bets:

1. Single or Straight Bet: This is betting in its most basic form and allows you to bet at given odds, upon a winner.

2. Point Spread: Under this bet one can bet on one of two selections that have been equated through the allocation of suitable points. In the Point Spread the number of allocated points are shown with a + sign for the favorable side and a – sign for the underdog. In order that the better wins, the favored team must win by more than the Point Spread. On the flip side, if a bet has been placed on the underdog, that team has to lose by less than the Point Spread for the better to win.

3. Buy Points: This involves moving the Point Spread positively, by paying a price.

4. The Moneyline: This type of bet is simply on who will win. It establishes the odds for each side but is the reverse of the Point Spread, with a – sign standing for the favorite and the + sign for the underdog.

5. Total Bet: This is similar to point spread bets, only in that the better bets on the total points scored.

6. Over/ Under: This is a bet as per which the number of points scored by the teams in any game will be beyond/ over OR below/ under the total set by the oddsmaker.

7. Parlay of Accumulator: This is a way of betting on multiple sporting events in the hope that a big payoff will be made if all win. The picks made are in relation to the point spread. Even if one event does not win or draw, the better loses the entire bet. Huge amounts can be made through parlay betting, in the event of a win.

8. Teaser: A teaser is similar to a parlay, however it has the option of adding or taking off points from one or more than one Spread bets. The odds depend upon the number of points the spread is moved as well as upon the number of teams that are combined to form the teaser.

9. Futures: These are bets on who will win the championship in the event that there are more than two possible teams to bet on. Substantial variations between sportbooks exist in house edge on futures.

10. Buying Half a Point: In this, the straight bet player gets the option of moving the point spread half point to his advantage. The most appropriate time to buy a half point is when one team is favored by 2.5, 3, 6.5 or 7 in football. This is primarily due to the fact that several games end in a 3 or 7 point difference. The extra half point may end up turning a loss to a draw or a draw to a win.

Of all these types of bets, three types of bets are prominent and must be used for the simple reason that they are simple themselves, are easy to win and have a good chance of winning. These are the Straight bet, the Doubles and the Future.

Here are a few Betting tips that will help you to place the Best Bets and push you towards a big win, they are:

1. Always make an intelligent analysis of the odds and the offer of the bet.

2. For a simple bet, stick to the Straight bet as it is non-complicated and has good winning prospects.

3. Bet wisely by keeping your selections limited. Also try to limit the influence of bias in your betting. If you are a fan of a team try to limit the effect of that favoritism when betting.

4. One of the most rewarding bets is the ‘Future’ bet but only if you know a lot about the sport being played and about the players.

5. By betting regularly though systematically and in an analytical manner, one can improve your judgmental ability.

6. Contain the urge to bet with you winnings immediately. If you do not follow the standard rule of 50%, at least put some of your winnings back into your pocket.

7. Make sure your sportsbook is a member of a known Gambling Association, makes a quick payment and is easily accessible. Read in between the lines, about matters pertaining to disputes.

8. Train yourself to look for value odds – you will master this art soon, with time and practice.

9. If deciding between two seemingly equivalent choices, trust your judgment and not that of those who have bet before you. In so doing, choose a selection with a little higher risk so as to hike up the winnings.

10. Bet on games and leagues where the sportsbook’s commission is the least. This is often in the sport or sports with which that sportsbook does most of its business, as it is likely the most efficient in that area.

Atlantic City Casino Resort

If you want great casino experiences without going to Las Vegas, considering Atlantic City Casino Resort might be the place for you. Here you'll get high class gambling entertainment as you elevate your game with the best table action around. This casino resort offers some of the highest limits in town, and very few - if any - can match their personalized service.

This casino entertainment hotel has a brand new poker room, where you can play your favorites - Texas Hold 'Em and 7-Card stud. You can also play baccarat, a really elegant game that's easy to play. If you want it really simple, nothing is more fun to play than the Big Six Wheel. Your only task is bet on the number or symbol of your choice, then the dealer will spin the wheel and the number it stops on is the number that wins. Can it get any easier?

Blackjack-fans can entertain themselves with "21", one of America's most popular casino games. Spanish 21 is the ultimate blackjack variation, where the blackjack game is combined with the multiple payoffs of a slot machine. This casino resort even has five spot tables exclusive to Resorts! And of course you can play poker in many variants like 5 card poker (Caribbean Stud Poker, Let It Ride), Three Card Poker, Pai Gow Poker and Texas Hold 'Em. It goes without saying that Craps and Roulette are amongst these exhilirating gambling games, not only of chance but which take knowledge of reasoning included in this, as within every great casino.

Another interesting and entertaining game this Casino hotel has included is Pai Gow. This dominoe game originated in ancient China and is played with 32 dominoes, 11 of which are identical pairs. The purpose is to make two ranking hands using 4 dominoes, a high hand and a low hand. If your rankings for both hands are higher than the dealer's, you win!

This casino resort gave me a comfortable, classy and entertaining experience and I highly recommend that you try it for a weekend. Always remember though, this excellent advice from the resort's staff: "Bet with your head, not over it."

Texas Holdem Player Categories

A useful thought process or tool you should familiarize yourself with is placing opponents into categories, both for your current playing session as well as any future sessions against the same player. There are four broad categories of playing styles. By playing against an opponent and learning his or her tendencies, you can place them in a category and adjust your style when contesting a pot with them. I find that by putting names with categories it helps me remember how each opponent plays. Here is a list of different playing styles followed by a suggested name for each. Feel free to use your own names if they are easier for you to remember. One note of caution, just because a player has been included in one category in the past does not mean that he or she cannot be in a different one today. Players play differently at different times for many reasons. Some tight/aggressive players change to loose/aggressive when drinking while others will tighten up after a bad beat. Always take a little time to reevaluate players you have experience with to make sure they haven’t changed their style.

Tight/Aggressive – Being this type of player should be your goal. This player doesn’t play many hands, but when they do, they play very aggressively. The tight/aggressive player will often enter the pot with a raise and bet and raise until they win or are clearly beaten. Every time that a player bets or raises, it forces other players to make decisions and whenever a player must make a decision, he/she may make a mistake. The tight/aggressive player capitalizes on this by providing opportunities for his/her opponents to make these mistakes. The name I assign to these players is Solid. You must respect their bets and raises because they seldom enter a pot with a poor hand. Solid players maximize their intake with winning hands and minimize it with second best hands. When choosing a game, if I see too many solid players in it, I will usually find another game if one is available.

Loose/Aggressive – The loose/aggressive player plays too many hands, usually raises and is very hard to bluff. When playing against them it is important to keep your starting hand requirements tight so that you are often in the hand with better cards than them. Most loose/aggressive players are trying to play the correct way, which is tight/aggressive, but simply play too many hands. In the long run, loose/aggressive players tend to be losing players because they play too many hands. The name I assign to the loose/aggressive player is Semi-Maniac. A player that is at the very outer edge of loose/aggressive is the Maniac. The Maniac plays many hands and always raises if they are in a hand. If you find yourself against a maniac, just sit back and wait for your very best starting hands. The maniac will pay you a very high price when you do have a great hand so you can afford to pass up the marginal ones.

Tight/Weak – A tight/weak player has a solid understanding of starting hand requirements and follows them, but doesn’t play well after the flop. This player doesn’t raise to protect their best hands, which often lets drawing hands catch-up without paying a high price. A tight/weak player much prefers checking and calling to see what is coming next. The tight/weak player may show a small profit in games full of poor players because of the proper starting hand selection, but will be eaten alive by solid players. I call the tight/weak players Sandstone, in reference to a weak rock.

Loose/Weak – The loose/weak player plays too many hands, calls when he or she should raise or fold and almost always will pay you off on the river with second, third and often worse hands. I call these players Calling Stations. These are the players that many poker players call Fish. I know that the loose/weak player will always pay off my good hands and I often try to isolate him/her to take advantage of this.

Poker Bankroll Requirements

Your bankroll is the amount of money you have set aside to play poker with. Some players can easily add to their bankroll from outside sources while others have no way to add if they lose theirs. If you fall into the latter category, it is very important to not play at limits that exceed your bankroll. One very important point you should know is that until you become a consistent winner it doesn’t matter how big your bankroll is. The only thing that will matter is how much you have to lose. For this reason, the information below is written for you assuming you are a winning player overall.

The first rule is to not confuse bankroll and buy-in. A buy-in is the amount you sit down in a game with or the entry fee in a tournament, not the entire amount you have available to play poker with over a period of time. For example, you may have a bankroll of $10,000 to play 15/30-limit holdem. If this were the case you would probably buy-in for between $500 and $1,000.

I have seen bankroll size suggestions ranging from 200 times the big bet at the level you are playing at ($800 at 2/4) to 300 times the big bet ($1200 at 2/4). My recommendation, particularly for holdem, is to start with 300 times the big bet. I play much better when I have this cushion. I have played at levels that I had much less than 300 times the big bet in bankroll and it sometimes hurts my play. This is a psychological hurdle but when reduced to facts it makes sense. 50 times the big bet is a common downswing, even for professional players, and nothing to become too concerned about if you are still playing well. However, if you start with only 100 times the big bet, if you are down 50 big bets you have lost 50% of your bankroll. If you had started with 300 big bets and are down 50, you have only lost roughly 17% of your bankroll.

If you are a very sound Omaha/8 player, you can play with a 200 big bet bankroll. This is because Omaha/8 is a much more mathematically direct game than holdem, or in other words there is less short-term variance or luck. Because of the short-term variance in holdem, even professional players may see a 200 big bet downswing at times. For this reason, that extra 100 big bets may keep you from being forced to drop down a level before the cards turn in your favor.