Tag: Gambling

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100x Craps Odds Returns To Casino Royale

January 29, 2015 at 4:18 PM | by | Comment (1)

Last year, Casino Royale stopped offering 100x odds on their craps game and went to only offering 20x odds (which was still the best on the Vegas Strip). Well, happy days are here again as the much-loved 100x odds returned earlier this year.

Why the excitement? When playing full 100x odds in craps, you’re basically eliminating the house advantage the casino has in the game. When you combine your pass line wager with the full 100x odds, the overall house edge is 0.021%, according to Wizard of Vegas.

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What's Up With Keno, Brah?

January 27, 2015 at 5:32 PM | by | Comments (8)

Memories...

Keno isn’t one of the more popular games in the casino, but you’ll see it in different varieties here and there. Keno is a simple lottery-like game where players pick numbers a la bingo. Correctly pick a certain amount of numbers drawn at random by a machine or person to win varying amounts of money. Pay tables differ and may vary by how many numbers you match up correctly.

All the variations involved with keno mean there's not just one exact way to win. There may be a game where you win if you match a minimum of three numbers correctly and there may be a game where you don’t win unless you match five. The more numbers you match, the more money you’ll win.

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Searching For Anything But Hold 'Em

January 23, 2015 at 5:44 PM | by | Comments (4)

Ever since the start of the "poker boom" back in 2003, when an unknown accountant from Tenessee with the unlikely name of Chris Moneymaker won the World Series of Poker, no-limit Texas Hold 'Em has been the game of choice among poker players everywhere.

It's easy to forget that, in the grand scheme of things, no-limit hold 'em is a relatively new game. If you were in Las Vegas back in the 90's or earlier, you would be much more likely to be playing a game like 7 card stud or even a variation of draw poker. While most poker players today are content playing no-limit, there are many who long for the days when this variation of the game didn't have the near monopoly it seems to have on the poker world today. The good news is, if you look hard enough, there are still places in Las Vegas where you can find some alternatives. Here's a look at some poker rooms around town that offer up a bit of variety for those looking to mix things up:

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Big Game Prop Bets Are Live At Westgate

January 23, 2015 at 12:12 PM | by | Comments (2)

Prop bets on the Big Game have become big business for sportsbooks in Las Vegas over the years. When the Las Vegas Hilton (now Westgate) first started releasing Super Bowl prop bets, they were seen as a nice addition to the wagering menu, but not much more. Today, the amount of money wagered on prop bets for the Big Game are almost equal to the amount wagered on traditional side and total options. Westgate's SuperBook is traditionally the first sportsbook in Las Vegas to release prop bets on the Big Game and to boast the most and they did so again last night.

As we mentioned a couple weeks ago prop bets are, generally, wagers made on specific actions during a game that don’t necessarily affect the outcome. There are more prop bets offered on the Big Game than any football game all year, but you’ll only see game-related and quantifiable prop bets in Las Vegas casinos. Prop bets in Nevada must confirmed through official league statistics. You won’t see “what will Katy Perry wear?” or “how long will it take to sing the national anthem?” here. Those novelty bets are only available in overseas sportsbooks.

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Dice Control: Real, Fake Or Other?

January 22, 2015 at 3:39 PM | by | Comments (21)

Dice control in craps is the theory you can influence the outcome through your throw. Controlling dice is no easy task since not all craps tables and rolls are exactly the same. The bounce in the felt on tables can be different even in the same casino. Likewise, the back wall of craps tables may offer a different bounce by their pyramid placement. Dice control goes beyond simply setting the dice in a certain manner. It's the entire process of rolling the dice.

In theory, dice must be rolled at the exact same velocity and angle every time while hitting the same spot on the back wall to achieve the same result over and over. It would take a lot of practice to come up with the muscle memory to roll the dice exactly the same all the time.

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Tales From The Party Pit

January 21, 2015 at 4:29 PM | by | Comments (10)

Casino party pits aren’t for everyone. These parts of the casino are often marked with scantily clad go-go dancers and dealers, even louder music and less-friendly blackjack payouts. There are people that enjoy the atmosphere and don’t mind playing a game that pays 6:5 as long as they’re having a good time.

One of our go-to resources for casino gaming information, Michael Shackleford (a.k.a. Wizard of Odds), recently interviewed Angela Wyman, a former party pit dealer, who revealed some interesting information about what it’s like. The interview (embedded below is 15 minutes long, but here are some highlights if you don’t have the time to devote to it.

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Early Look At The Big Game Point Spread

January 19, 2015 at 4:21 PM | by | Comments (8)

One of the most exciting days in the football season was yesterday. For some football fans, watching two Conference Championship games in one day is more fun than watching one Super Bowl.

We now know that, in two weeks, the New England Patriots will take on the Seattle Seahawks in the Big Game. The Super Bowl is big business in Las Vegas as you’ve seen by the ever growing list of parties that we continously update. Watch parties are secondary for people like this gambler. Betting on the game is the real focus.

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Caesars Entertainment Wants You To Stop By, Bring Money

January 17, 2015 at 12:39 PM | by | Comments (10)

Now that it's filed for bankruptcy, Caesars Entertainment is doing its best to assure everyone that everything is okay and no freak out is needed regarding upcoming stays or services.

The company is seeking help with some $20 billion in debt, but executives want you to know you don't have to seek out a new gaming home. Friday, Total Rewards members received an email from Caesars pledging that its players club will continue as is. And, that if you dropped in soon(ish) and threw some money around, they'd make it worth your while:

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Perspective On 'Looser Slots' In Downtown Vegas

January 15, 2015 at 7:15 PM | by | Comments (10)

Visitors doing Vegas on a budget often head downtown to get more for their money. There’s no denying that when compared to the Strip, downtown is full of bargains. Average room rates are about half of what you’ll find ($66 vs. $126 in 2014). Dining downtown is easier on the wallet as well, with the priciest downtown buffet coming in at just over $20. That’s a deal when compared to the more than $50 you would spend on The Strip. A commonly repeated piece of advice suggests that in addition to these savings, downtown offers better returns than the Strip when gambling, especially at slots. That seems to makes sense, given that everything else downtown is cheaper, but is it true?

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VegasChatter Questions: Can A Casino Turn Off A Slot Machine While In Play?

January 14, 2015 at 2:32 PM | by | Comments (14)

When I stayed at SLS Las Vegas in December, I sat down to play video poker on my way back to the room. The session lasted longer than I expected for a $20 buy in. While playing, I noticed that the machines next to me were turned off. While stretching and taking a breath of fresh casino air, I noticed that all of the machines within eyesight were turned off. After about 20-30 minutes, I noticed that the area had been roped off and that there was a sign posted for a tournament in that section.

Tournament areas are usually roped off well in advance of special events. Perhaps, the casino at SLS isn’t large enough to close off so many multi-game machines for so long. But, this leads to a reader question from Dan P.:

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Four Ways To Be A Better Gambler This Year

January 8, 2015 at 2:59 PM | by | Comments (11)

Many of us like to go back to the basics to become a better person in a new year. Soul searching can sometimes do the body and the mind good. We’re not going to get that deep. We will, however, look at four basic concepts that will help you become a better gambler in 2015, and beyond.

1. Don’t chase: It's instinctual to chase losses when gambling. Nobody likes to lose. Unfortunately, chasing losses often ends up extending a cold streak and sees your money going in the wrong direction. Casino games all have a house advantage. Sometimes you’re going to win and sometimes you’re going to lose. Losing stinks, but it’s going to happen. Just take the loss to your allotted budget and move on.

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How Much Money Do You Need In Vegas?

January 8, 2015 at 2:03 PM | by | Comments (18)

We recently asked one of the most popular questions that comes up when planning any trip to Las Vegas, “how long should I stay” Now, we take on budgeting, a subject that, while not quite as exciting, is just as important. In a city full of temptation, sticking to a budget might be harder than anywhere else. Going bust halfway through your trip can prove disastrous and spoil an otherwise great vacation. A little planning and discipline can help make any trip a success.

“How much money do I need each day in Vegas?” We get the question all the time. Budgeting for a Vegas trip starts just like any other. You’ve got the essentials like meals and a place to stay. You plan for local transportation costs, entertainment, and souvenirs if you want to take something home with you. Those are simple enough, but Vegas requires adding a few more variables.

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