Gambling Tips For Tourists
Before even leaving for Las Vegas or any other gambling destination, decide how much money you are going to risk gambling for the entire trip and whether you’re going for only one day, three days or longer. In other words, this would be the amount of money you could afford to lose if you weren’t winning.
Then . . . again ahead of your trip . . . divide the total you decided to risk by the number of days you expect to gamble. That way, you won’t lose all your risk money in only one day if fortune doesn’t shine on you.
Example: You have decided to risk $500 gambling during a three-day trip to Las Vegas. Dividing the risk by three equals $166. If you’re unlucky, that’s the most you should allow yourself to lose in any one day gambling. By adopting this simple “money management” strategy you can never lose the gambling money you allocated for the entire trip in any one day. In this example, since you decided ahead of time you would not lose more than $500 during the trip, if you lost it all in one day you would have to go two days without gambling.
Of course, there are many things to do other than gamble in casinos, especially in Las Vegas. You could blow even more money . . . but not gambling money. . . with shopping, shows, dining, etc., etc.
Then again, you could win during your trip, no matter what game or machine you are playing. But to walk away with your winnings requires strong discipline.
Here’s a good rule of thumb: If you get ahead one-half of what you are risking for the day, keep playing to win more but quit after losing two bets. So, using the above example of risking $166 for the day, if you find yourself ahead by approximately $83, keep playing but quit whenever you lose two bets in a row. By walking away with a profit, you could still come back later in the day if you want and once again risk your original $166.
By the way, I’m assuming in this little article that you are strictly a recreational player with either no real system for winning or are using a system that often fails.
Getting back to tourist gambling tips. . . . If you get somewhat lucky or even really lucky and win several hundred dollars or more on the first or second day of your trip, certainly go home with some of that profit by risking only a small portion of it on your last day if you feel you must play.
I’ve seen tourists who are ahead even thousands of dollars in their first day or two out, then blow it all and end up going home losers. Please don’t let that happen to you.
Before you leave a table game, be sure to ask the pit boss if you are entitled to any “comps,” which of course are free stuff like food, shows and even rooms. Be careful, however, not to fall into the trap of playing more than you should (according to the recommendations in this article) simply because the pit boss says you have to play more to get comps. Just don’t do it!
Preserve your winnings and keep any daily losses low. This will allow you to more fully enjoy your trip.