Tag: Gambling

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Tales From Inside The Pit: A Dealer's Tips on Tipping The Dealer

May 22, 2015 at 12:52 PM | by | ()

Welcome to Tales from Inside The Pit. Because sharing (gambling tips) is caring (until you win really big, then you'll keep that stash for yourself), our pit insider has a few tricks (but no cards) up his sleeves that he'd like to show you. Pay close attention. Or if you're already at the table and too drunk to read this, well, just bet it all and pick up a free drink before you leave.

When it comes to tipping the dealer here are a few pointers. First, I must remind you that I myself am a table games dealer. I know that I might piss off a few dealers with this post but honestly, a few of them could use a dose of reality.

For those of you that don't know, the dealers usually pool their tips for a 24-hour period as only a couple of casinos allow dealers to keep their own tips.

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Tales From Inside The Pit: Let's Talk About Sucker Bets

May 15, 2015 at 2:54 PM | by | ()

Welcome to Tales from Inside The Pit. Because sharing (gambling tips) is caring (until you win really big, then you'll keep that stash for yourself), our pit insider has a few tricks (but no cards) up his sleeves that he'd like to show you. Pay close attention. Or if you're already at the table and too drunk to read this, well, just bet it all and pick up a free drink before you leave.

Let's talk a little bit about sucker bets. Just about every table game in the casino has a “bonus” bet attached to it. I know that I might catch heat from some of you, but you should be betting a few of these.

Experts will tell you to avoid these bets at all costs because they favor the casino with a high house advantage. These bonus bets do favor the house, but if you're just gambling for your own entertainment, you might as well try to win some big money out while you're at it.

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What are The Average Blackjack Dealer Bust Rates?

May 12, 2015 at 5:47 PM | by | ()

You probably know that blackjack is one of the most popular games in a casino. On the surface it’s a simple game--you take cards until you feel as though you’re as close to 21 as you’re going to get. The reality is that it’s not quite that simple when you look at the math behind the game.

Without getting too deep into blackjack strategy there are hands where you should stay where your brain may tell you to hit. Likewise there are times you think should hit but you should really stay.

Once you learn blackjack strategy, knowing when to hit and stay becomes second nature. But until then, you can expect players at the table to huff and puff when you stay on a 16 or hit on an 18. When you learn proper blackjack strategy, you’ll know what to do based on the cards you have and the cards the dealer has. Both are equally important factors in blackjack strategy.

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A Tale of Two Blackjack Payouts at Downtown Grand

May 7, 2015 at 3:56 PM | by | ()

Don't Get Too Excited

Downtown Grand has been off to an inauspicious start since opening in 2013. They’ve opened and closed restaurants, they’ve changed odds and moved tables around the casino and most recently they’ve renamed their pool from Picnic to The Deck.

It's easy to make a hot take and say that they're a failure but truth is Downtown Grand is still a new business still trying to find their niche in Downtown Vegas off Fremont Street where the majority of the action is.

But now, Downtown Grand is focused on fixing their casino. The only problem is that they’re kind of all over the place--a strategy that has hindered the property from the beginning. Case in point is their current blackjack offerings. Some blackjack tables pay 3:2 when you get blackjack, while others only pay 6:5.

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Check Out The Futures on The Kentucky Derby

May 1, 2015 at 11:28 AM | by | ()

With all the talk this week about Floyd Mayweather vs. Manny Pacquiao it's easy to have forgotten that the biggest horse race of the year also takes place on Saturday.

The 141st Kentucky Derby will happen most of the morning of and most of the afternoon before the big fight.

Since you can't wager on the race itself in Las Vegas until Saturday, let's take a look at how people have been wagering on futures for the Kentucky Derby like we did with fight odds and wagers earlier this week. Once again the information is courtesy of William Hill.

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Comps 101: Rating vs. Points

April 30, 2015 at 11:51 AM | by | ()

Some of you are veterans to this type of information, but we come across several people often that are not quite sure exactly how a players club card works in the table games pit. As you likely know, when you insert your players card into a slot machine or video poker machine, every dollar you spend will earn you points for your play. You can use these points for comps on rooms, meals, drinks, and at some casinos, cash back or freeplay. Now, with that being said, let's talk about how it works in the pit.

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How Wagers Are Coming In For Mayweather vs. Pacquiao

April 29, 2015 at 1:15 PM | by | ()

Shortly after Floyd Mayweather vs. Manny Pacquiao was announced, we let you know about some of the betting options available with sportsbook operator Station Casinos. Today, we're going to look at the opening and current odds offered by William Hill. This will give a glimpse into how people have been wagering on the fight as it approaches. Here's a look at how things have changed:

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The Loosest Slots In Vegas Aren't Where The Tourists Are

April 22, 2015 at 12:06 PM | by | ()

This is the 22nd year Casino Player magazine has released national results for loosest slots in America. They gather public slot information from various local gaming commissions for a 12-month period and report where the casinos with the loosest slots can be found.

Without going too deep into the definition of "loose slots", a term created by Casino Player, the looser the slot machine, the more money it returns to players. Loose slots doesn't mean the player has an advantage. The casino still has a house edge, but looser slots offer better returns. While there isn’t public information on which specific machines offer the best returns, this research is still helpful by pointing players in the right direction.

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Before You Hit The Vegas Tables For Your 21st

April 17, 2015 at 7:11 PM | by | ()

So you or someone you know has just turned 21 and you want to get out there and have some fun gambling in Vegas. Every year, thousands of people come to Vegas for their 21st birthday to drink, party and, of course, gamble legally for the first time. But, a good question is where do you take a first-time player to ensure they get the most bang for their buck?

I have been a casino dealer for about five years and, when I gamble, I look for the best odds with the best limits. When friends and family hit the big 21, they always ask me to take them out for a night of lucky chance. I love to gamble! Some might think, “wow, this guy has a problem!” Not at all, actually; I play smart and never put myself in financial harm. So, with that in mind, here's my personal guide to how to go all in for the big 2-1:

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Plenty Of Unique Chips To Be Found In Poker Rooms

April 17, 2015 at 1:38 PM | by | ()

VegasChatter reader Jim L. recently asked a question about which casinos in Las Vegas use different chips in their poker rooms than in the rest of the casino. The question stemmed from his discovery of the cream-colored $1 chip (seen below) during a visit to The Mirage poker room. This chip differs from the blue $1 chip which is found elsewhere in the casino.

When it comes to $1 chips, to the best of our knowledge, The Mirage is the only casino in Vegas that uses a specific chip set just for the poker room. If you were to play blackjack or other table games at The Mirage, you would see the blue chips. In the $3-$6 limit game that regularly runs in the poker room, you would see the cream-colored chip.

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Total Rewards Has A VIP Inflation Problem

April 16, 2015 at 3:04 PM | by | ()

Caesars Entertainment, still navigating its way through a bankruptcy years in the making, is gambling with one of the most valuable assets in the casino industry. You probably know that we don’t mean the year old, $550 million dollar Ferris wheel. You might have guessed we’re talking about one of the mega resorts that line The Strip, but that’s not it. It’s the Total Rewards loyalty program, valued at more than a billion dollars, that is where all the action is.

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26 Casinos With Video Poker Returning More Than 100%

April 9, 2015 at 12:02 PM | by | ()

Good gambling is getting harder to find every day. Thankfully, it’s not gone altogether. While some casino operators are looking at new ways to generate revenue (i.e., bottle service) there are still some operators who still look to the casino to earn their revenue. These casinos often offer better odds in blackjack, craps and, in this case, video poker.

Better odds aren’t all we’re searching for when it comes to video poker. We’re looking for the best odds. Specifically, we're looking at games that return at least 100%. Playing video poker games with 100%+ returns and perfect strategy will allow for a rare positive when gambling, expected value. That represents the average amount you can expect to win per bet if the bets each have identical odds (like these games) and are repeated many times. When you have a game with positive expected value, you’re repeating a wager that will return more than you play over time.

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