Don’t ‘blow’ your money in casinos!
President Obama got a lot of bad press last week for referring to Las Vegas in a recent speech. Apparently he suggested that people should prioritize their spending and not "blow" money in Las Vegas that they should be spending on college tuition.
I don’t think that President Obama was suggesting that people should not visit Las Vegas and spend their vacation dollars in this wonderful city. What he is against is people ‘blowing’ their money in Las Vegas.
I can only take this to mean that President Obama has fully embraced our concepts of Expert Strategy and he clearly is asking everyone to BREAK the slot habit!
Playing a href=http://www.gamingtoday.com/gamingtutorial/story.bv?storyid=18178>slots or playing improper strategy is most assuredly the easiest way to blow money in Las Vegas (and everywhere else you find a casino). It is just my opinion that the President wasn’t attacking Las Vegas, but rather imploring everyone to play smarter. After all, what better way to help the economy?
Let’s look at two scenarios. In the first case, you show up in Las Vegas with $500 to spend and you lose it all in one day because you chose to play a slot machine at which you have no idea when you win or lose and it only pays you 87% (which you had NO way of knowing). Your money is gone, so you go home. Okay, the casino has your $500, but that doesn’t really help the economy much.
In the second scenario, you show up with $500 and sit down to play full-pay video poker, paying 99.5%. At the end of the day, you may find that you still have $480. Instead of driving home, you decide to get a room for the night and get a nice dinner. Now, you’ve spread your money around to multiple places. The restaurant has to hire chefs and waiters. The hotel has to hire cleaning staff and people to work the check-in desk.
The next day, rather than ‘blowing’ the rest of your money playing slots, you decide to sit at a blackjack table. You don’t just play by gut, but instead, you’ve bought a $10 book to teach you the right way to play. You play all day at this 99.5% game and at the end of the day, with a little luck; you find that you’re up $100.
You’ve been in Las Vegas for two days and you’ve got almost as much money as you started with. So, you decide to stay a second night. In fact, you’re feeling so good you decide to go see a show after a nice dinner. Again, more chefs, waiters, hostesses, ushers get paid, all because you decided to come to Las Vegas and not "blow" your money in a slot machine!
So, I’m asking everyone to listen to our President and not "blow" their money in Las Vegas. That doesn’t mean to avoid Las Vegas, it just means come to Las Vegas the Expert Strategy way: Know which games to play, know how to play them and know what to expect.
Senator Reid, if you read this column, please contact me and I’ll be happy to send both you and our President a full set of our Expert Strategy books for free!
For the rest of you, I’ll offer a terrific President’s Day discount. Check out my ad here in GamingToday and get any of our Expert Strategy books for a special price.
Question? Comment? E-mail me at: Elliot Frome
You can try out your strategy by playing our video poker game.