Welcome to Las Vegas, Nevada- the Gambling Capital of US and the City that never sleeps! So, what has this city have to do with this site. The answer is none. I just love the photo, I took during our vacation to this city a couple of years ago. In this site, you will find articles from my autobiography, global warming, senior citizens issues, tourism, politics in PI, music appreciation and articles about our current experiences as retirees enjoying the "snow bird" lifestyle between US and the Philippines. Your comments will be highly appreciated. Please do not forget to read the latest national and international news. Some of the photos and videos on this site, I do not own. However, I have no intention on infringement of your copyrights. Cheers!

Wednesday, August 19, 2009

Tips on Minimizing Gambling Losses

Image from Asiaplate.com
Last month, my wife and I spent one week at the Las Vegas Strip for our summer vacation. My wife loves to play the slot machines and I love to play Pai Gow (PG) poker. We visited several casinos in the Strip but decided to play at Planet Hollywood (PH) for the following reasons.

1.The Casino is walking distance at our Condo-Hotel, the Polo Towers.

2.The Casino has good promos for new players, free slot play up to $20, free buffet after earning 100 points, coupon discounts on food and shops in the Casino and dinner shows. Daily free one slot play for a chance to win gifts, dinner shows and cash prizes.

3.The Casino has several newer slots machines with better videos and music.

4.The Casino is adjacent to the Miracle Mile Shopping Center.

5.Lastly, I was hoping to play Mini Pai Gow. To my disappointment, PH do not offer the Mini PG, just the regular 7 card PG poker.

To minimize your losses, you must adhere to a reasonable daily budget. In our case, we decided that $200 per day per person is a good budget. We played from 12:00 noon up to 7:00PM for six days with a 30 minute "merienda" break at 3:00PM. Note that this "$200 a day budget" we set aside, is the same weekly budget we allocate when we play at Thunder Valley Casino or Red Hawk Casino near our residence here in Sacramento. I also observed that the newer slot machines are programmed to give you slightly better odds on winning. This may not be true in other Casinos, but I believe my observation is correct in the Indian Casinos here in Northern California.
Let me know if I am correct or wrong on this observation. Another point is by 7:00 PM or an appointed time, win or loss you must stopped gambling. Once your budget has been consumed, then it time to quit for that day. However, if you are a gamboholic, no strategy will work for you. Gambling addiction is a disease just like alcohol, or sex addiction. You must consult a professional to cure your addiction.
photo from cbc.ca/news
Now let me talk about Pai Gow. I like it because it is a slow game. About 41.5% of the hands result in a tie. According to the odds specialists, the chance of the player to win is 28.6% and the dealer (banker) is 29.9%. I played for two hours at Planet Hollywood with only $100 capital. At the end of three hours, I lost only $25. The game required a minimum bet of $15 and an optional side bet of $1 for the bonus. In one of the hands, I had “ four of a kind “, which gave me $25 for my $1 bet. The last time, I had four of a kind was three years ago at the Sahara Casino also in Las Vegas. PG is played with a 53-card deck, including a joker. The players and the dealer receives seven cards. Each player has to arrange his seven cards into a five-card hand and a two-card hand. The five card hand is ranked as in regular poker. The two-card hand is scored by pairs beating two singletons, then by individual ranks. The highest two-card hand is a pair of aces, and the lowest is a 3-2. The five card hand is ranked just like regular poker. The highest 5-card hand would be 4 Aces and a joker, followed by Royal flush, straight flush, four of a kind, full house, flush, straight, three of a kind, two pairs and a pair. The joker can only be used as an ace in a pair or any card for a straight or flush. The 2-card hand must be lower in rank than the 5-card hand. You have to beat the dealer in both hands to win the bet and you must lost in both hands to the dealer to loss your bet.
In mini pai gow, you are only dealt with six cards, So the low hand consist of only one card. In mini PG, you do not pay the standard 5% commission to the banker, every time you win. That is also one reason, I love mini PG compared to the regular 7-card PG. Anyway, if you want to learn how to play PG, go to Googles or Wikipedia for details and strategy. Good Luck and Have Fun!

If you know of someone with gambling problems, call 1-877-718-5543.


Sidney said...

Heheheh...I prefer sex addiction than gambling addiction ;-)

David B Katague said...

Hi Sydney, thanks for dropping by. I thought you were not only an internet addict but also a sex addict.( biro lang). I heard you have a new baby recently. Is this true? What is the latest posting on your sari-sari store?

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