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What’s new in the casino world?

The world never stands still too long. If it does, this may mean it’s dying and has nowhere else to go. The eternal question for every business lucky enough to hit a winning formula is whether to change it and, if so, by how much and how quickly. In one shape or form, casinos have been around for centuries. They were gambling in Ancient China and Rome long before anyone thought of building in the Nevada desert. Yet, the basic idea has remained the same. If your luck is in, a small bet will win you a fortune. It’s a remarkably seductive temptation. Just think. All you need is for the dice to fall just so, or the next card to be the 8. The games may change their appearance, but the principle of betting on the outcome of random events remains the same. To that extent, gambling never changes and probably never will change significantly. If there is change, it’s superficial. Say, from the one-armed bandit invented by Charles Fey to the video slots version you start by the press of a button. This makes the arrival of online casinos the first real revolution for at least a century. People have always gathered together to gamble. It could be in a friend’s home, a private club or a place with public access (often condemned as a “den”). The internet does away with the requirement for a “place”. Now people can stay home and still enjoy the pure experience of gambling. It avoids the inconvenience and expense of travel, buying food and drinks in more impressive surroundings and, in many cases, finding somewhere to stay overnight. All you have to tolerate is the quality of the animation and the annoying soundtrack of “live” players and the games. Over the last decade, real world casinos have come under real competitive pressure. They are not doing too well. But, before you all celebrate, this means the states take less in revenue and, as their deficits rise, tax hikes may have to fill in the gap.

This article brings two “back-to-basics” gambits by the competing forms. Let’s start in Atlantic City. There has been a significant drop in the number of players in all venues and for all games. The recession is biting hard. So, albeit only on a trial basis, the management has gone back to the $2 game at two blackjack tables. The thinking is easy to explain. High table minimums frighten away the learners and the more conservative gamblers. People want the maximum gambling experience for the least possible outlay. The casino assures us that, if the trial is a success, more tables will go back to the $2 minimum. Except there’s a twist. If you only bet in the range $2 to $5, you pay a fee of 25 cents per hand as a “contribution toward the operating costs”. It seems casino managements cannot resist biting gamblers in the ass.

Going to blackjack online, Microgaming is introducing a live dealer version. You will be able to interact with the no doubt sexy dealer through the wonder of streamed video. Better still, it makes the online experience more obviously “fair”. Although we have all come to trust the RNG, it’s always more reassuring to see someone deal real cards. Others can also Bet Behind on the seated players and you can book a seat with your favorite dealer. It will be interesting to see whether live dealers represent a new nail in the real world casinos’ coffin.

Best Gambling Tips List

To minimize losses on gambling, it is important that players should have a set of gambling guidelines to follow.

Here are some of the best gambling tips that players should know:

Understand the game: This one is pretty obvious, but still there are some people place bets on games they don’t fully understand. Generally, it is more advantageous for a player to fully understand the rules of a game before betting on it.

Budget your money: Place a limit on the money that you can afford to gamble with and lose. Never exceed that amount or gamble with money that you can’t afford to lose. Leaving your ATM cards and credit cards at home may be a good way to ensure that you won’t be tempted to exceed your budget limit.

Pace yourself: Avoid betting all your money in one go. Remember, the objective is to have fun and enjoy yourself.

Know when to quit: The best time to quit is when you are ahead of the casino. Many players make the mistake of thinking that their streak of luck will last forever and continue to gamble until they eventually lose it all.

Chasing losses: “Chasing a loss” is a term used to describe the act of trying to win back money that was lost during a previous bet. The problem with this is that the player stands to lose even more money. In this case, it is better to just accept the loss and quit or continue playing for the sole purpose of just having fun.

Emotional states: Never gamble when you are angry or depressed. Emotional states such as anger and depression usually cloud a person’s judgment and impair his/her ability to play the games properly. A person who is experiencing an intense emotional state usually lacks the ability to think as clearly as someone who is not.

Take frequent breaks: As in any other activity be it reading, writing or playing computer games, one should always take frequent breaks to feel refreshed and alert. Although this may not apply to a person who places a few bets before leaving the casino floor, it does apply to gambler who intends on spending a considerable amount of time betting in a casino.

Have fun: Gambling should be viewed as a fun and exciting recreational activity as opposed to a means of making money. Even though most of us have heard of, or read about the occasional gambler who won the big jackpot that changed his/her life, this is usually not the case for the majority of players. Let’s face it. The glitz and glamour of casinos were not built on the good fortune of winners. Therefore always play for fun and never for the sole purpose of making money.

By following these basic set of guidelines, one can enjoy a visit to a casino or at online casino and have plenty of fun while minimizing the risk of falling into any financial difficulties.