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The Commandments of Gambling
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Thou Shall do:
- Before you start play set your budget limit and stick to it. Set also your profit target amount and make it reasonable.
- Watch how your bet is placed by dealers, they do make mistakes.
- Leave while ahead. The feeling is great and you are likely to win again next time.
- If you lose your set limit and cannot bear to watch others gamble, leave.
- Never borrow money to gamble and don't lend either. Lending money to a friend who is losing badly is a sure way of losing him - and probably the lent money too.
- Always keep a low profile, whether you are winning or losing.
- Do your homework before you gamble online, not after. Read the rules, check the terms on bonuses and cashing out, in particular.
- Check the customer service response before you sign up with an online casino. Make a phonecall or send them an email with a question and see how long it takes them to reply.
- Check if the online casino is a member of a known association. This won't be a guarantee, but it surely reduces the risk of being let down.
- Be suspicious of anything that sounds too good to be true. It probably is.
- Learn money management, it is more important than the game itself.
- If you suspect you have a gambling problem, contact Gamblers Anonymous.
- Always bet part rows of chips, maintain whole rows. eg the initial row (kitty row stacked in stacks of 10 chips), winnings are stacked in front of this, as each winning row is completed it is "safe" and can't be touched. You bet only with the next partial row. Once gone, cash up and leave. Take a break and start again for a new session with another kitty. Envelope your profits and don't touch.
- When playing Poker, take a break of at least three hands after a bad beat to avoid tilting.
- Your bankroll should be between 10 and 20 times your average bet.
- Over a period of several weeks, average out your wins and set a reasonable goal for how much you can win and leave when you achieve that goal.
- Learn to play poker. Poker is really skill and experience, and a little bit of luck. You can bet as you like just remember you can only lose what's in the pot.
- Tipping dealers; don't wait till it's time to go, they appreciate the try. You might get better attention in your favor for a comp, mistake, or just a bad hand. They don't get rich unless you do. Dealers are pretty darn honest, if they say it's going bad then don't play.
- Be sure to tip servers, slot techs and cashiers, providing the service is good. These people work hard in a stressful environment and don't make high wages.
- Watch Teller Cages for line ups. This is a good indication whether slots are loose or tight.
- Apply the common 'three strike' rule: if you lose three hands in a row, find a new table. This doesn't apply to slots or dice games.
- When tipping dealers in most games, there is usually a place on the table to bet a hand for them. If your hand wins, their tip multiplies; if it doesn't they appreciate the gesture much more than a buck or two as you leave.
Thou Shalt NOT!:
- Don't be afraid to bet. If you are not up to it, don't gamble.
- Don’t try to impress people by betting more than you can afford.
- Don't drink and gamble.
- Don't gamble if you feel tired.
- Don't increase your bets to try to recover losses.
- Don't take your check book, ATM card, credit or debit card to the casino.
- Don't be greedy; if you lose what you have just won, you are.
- Don't gamble more than your set limit.
- Don't stay beyond what you have set out to do.
- Never quit after a win.
- When you win a lot, don't think it's easy. It may feel that way but it never is.
- Don't bet more than you can afford especially on a new game or a game that you don't know all the rules of.
- Don't lose your winnings. Leave when you are up. For example; if up $50, leave. There is a $100 difference if you then lost and were down $50.
- Don't always go for the home run...remember...the tortoise always wins the race.
- Don't play scared. If your bankroll has gotten too low for your approach, walk away with what's left.
- Just be smart. Let common sense take over, don't think with your money, think with your mind.
- In horse racing, don't bet in every race. You can't beat the system. Pick and choose your bets for the day after careful reasoning and stick to your bets.
- Don't play without a system, any system! Unless you play for fun.
- As a beginner, don't try to master all the games at first, learn how to play well 1 or 2 games...
- Don't ask casino employees for the "Hot Slot." They dont know any more than you which machine is the best. If you happen to ask the Cocktail waitress for advice and, by chance, she puts you on a hot machine don't forget to tip her.
- Don't go into a game without a set goal. Do what it takes to achieve your goal and quit when you have achieved it.
- If you are really serious about making an effort to "beat the odds" or gamble at races, casino games, or OTB betting:
a) Do not take your husband/wife or friends with you; they will only distract you from your concentration and target goal(s).
b) Drink AFTER winning when you are done gambling, NOT BEFORE.
c) Take limited cash only with you. No cards, no checkbook; no extra temptation to go on beyond your means at hand. - Don't go to the casino with a bad feeling, or with a person who belives that they have bad luck! Your attitude can affect your results immensly.
- You will not get rich from gambling, so just do it for fun, NEVER to make money.
- Don't compile your gambling sessions; if you get beat up real bad today don't be intimidated to sit down at the table tomorrow, or take the time to clear the sting from your mind. On the same note just cause you slayed the mighty casino dragon today, don't think that when you come back next time you're still on a hot streak. Basically EVERY time you sit down start fresh in your head.
- In all in Hold 'em Poker don't get frustrated by slow plodding players - stay with them and wait for your chance, otherwise they'll whittle you down mentally making you go for the big (and wrong) call!
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