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Celebrate National Procrastination Week this week

By maxwell edison ·
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This is the week to celebrate National Procrastination Week.

What are you going to put off until later?

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My betting system - Or. . . . .

by maxwell edison In reply to On Gambling

.....as you suggested, playing the house against itself.

I've seen people double their bet when they lose, double it again and again, in hopes of recovering all that they lose. I've even seen betting systems published that suggested that very thing. How bogus is that? There's even a name for it -- the Martingale Method. I call it a sure way to lose method ..... make that the sure way to lose fast method.

My betting system is to always bet with ONLY one of MY chips ("my" is the key word, here), usually the $25 variety, occasionally $100. I'll buy into a game with a self-imposed limit for that particular session at that table, usually 20 chips, or 20 "units". The chip denomination doesn't matter, as the strategy is the same regardless. With the Martingale Method, that would only cover me for four consecutive losing hands before I could no longer double, and I could conceivably lose it all with five consecutive losses. My method of using only one of MY chips to start a hand, would cover me for playing at least twenty hands. (Double downs and splits would adjust the number, of course.) The first step in winning, after all, is to not lose your buy-in.

Instead of using the method of progressive betting on losing hands, I use my own "Maxwell Method" of progressive betting on winning hands. However, after only the third win in a row, or maybe even the second if it's a double-down or a split, I won't double the bet each and every time, but rather increase it by half of whatever I win. That way, my bet increases AND the stack of chips in front of me increases as well. So not only am I winning chips, but I'm playing against the house with theirs -- playing the house against itself.

After only three wins in a row, there's a stack of four chips in the wager circle. Four or five wins in a row, especially if any of them are blackjacks (pays 3-2) or splits or double-downs, then not only is my winning stack increasing very rapidly, but so is my bet. I usually don't let the betting stack get too high, however. I'll reach a point where I'll just let six to eight units, for example, stand pat until I lose a hand. And with my method of playing ONLY one of MY units to begin with, I have twenty chances to hit one of these streaks, instead of only four or five. With a winning streak of, say, ten hands out of twelve, or fourteen out of twenty, it can increase the winnings pretty nicely. And when implemented with the discipline to walk away with a certain amount of chips, I usually win more than I lose.

While it's easy to see how progressive betting on losing hands could result in a twenty unit loss in only five hands, progressive betting on winning hands (the way I do it) can result in a twenty unit profit in a similar span of hands, but twenty chances to do it instead of four. So if I buy-in for twenty units (either $25s or $100s), and win twenty more units, I set that as the minimum that I'll walk away from that session with. If I get a stack of forty, that's what I walk with. If a win a few more hands with the left-over chips, and can manage to get into another four or five hand winning streak, my minimum walk would be with fifty or sixty units, and so on. I don't get too greedy to lose what I've won, and I limit what I can lose.

And if I can get three or four of those streaks in one session, come home to papa! With such a betting strategy combined with my playing strategy, I seem to do pretty well. And it keeps me at the tables long enough to get my hotel room and meals comped as well.

Next message (maybe), a brief description of my card playing strategy. I always have a reason to play the way I do, never on a "feeling". Card playing strategy plus chip management strategy keeps me going back for more.

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Max

by maecuff In reply to On Gambling

My husband and I are planning to go to Vegas this year. Neither of us has ever been. We're not much into gambling, so that isn't overly important. Where do you suggest we stay?

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Mae - Where to stay in Las Vegas?

by maxwell edison In reply to On Gambling

As you leave the airport in your AAA discounted rental car, maybe even a brand new Mustang convertible for a very reasonable price, you'll be driving down Las Vegas Blvd (with the top down, of course, AND at night), commonly known as the strip. Everybody has their favorite place to stay in Las Vegas, on the strip or otherwise; and the more people you ask, the more suggestions you'll get. But since you asked me, here's mine (and even more).

A lot of people seem drawn to one of the mega-complexes on the strip, the ones with several thousand hotel rooms, arcades, and all that crap. The busiest corner of the strip seems to be at the intersection of Las Vegas Blvd. & Tropicana. On that corner are the Tropicana, MGM Grand, New York New York, Excalibur, and Luxor. Other than seeing the enormity of it all, and gawking at the throngs of people and interesting architectural designs, it's not of much interest to me. The lines to get a hotel room are always long, and when you do get one, not only will you pay out the a$$ for it, but navigating through the crowded casinos to find the elevator to your room (among the thousands and thousands of rooms) will test your patience and navigation skills. Some people might thrive on being part of such a huge crowd-scene, but I avoid it like a root canal. It's not a coincidence, I don't think, that this particular section of the strip is pretty close to the airport.

Continuing down the strip, you'll next see the Bellagio, famous for its water fountain shows; and they are pretty neat. It's real nice inside as well, but more crowds and more $$$. Paris is right across the street, which is a casino-hotel with a big Eiffel Tower on top. They're all neat to look at, but I continue on down the strip, nonetheless. You'll then get to the places that were really part of the original strip. Caesars Palace, Mirage, Flamingo, Stardust, and a little bit further you'll find the Sahara and the Rivera. The Las Vegas Hilton and Circus Circus are in that same neighborhood.

Caesars Palace and the Las Vegas Hilton, by the way, are the best casinos to place sports bets, as the choices are many, and the odds are usually the best. If you have a favorite football team to win the next Super Bowl, those would be the ones where you should place your odds-bet. But pick a team with long enough odds (and somewhat of a chance to win) to make it worth your while to fly back to collect your winnings. Putting $50 on a 20-1 team would win $1,000, more than enough to pay for a return trip to collect your $$$. But I digress.

Moving on down the strip you'll come to the famous Stratosphere. That's one of the favorite destinations of many people so they can ride the roller coaster on the top. It's also one of the biggest rip-offs. I've been inside the Stratosphere only one time, but that was one time too many if you ask me. Of course, scattered among all the places I mentioned are other places I didn't mention, but they're all part of the same crowded strip scene, not exactly my cup of tea. I'll go to the strip to see a show or just look around, but I don't like the way a lot of them run their table games, I don't care for the huge crowds, and so on. If you have the time and enjoy a walk - a long walk - walking the strip can be an interesting experience. But wear some good walking shoes. What I just described is probably 5 miles long.

So you could stay at any of those places, and as I said, different people will have different preferences. If I wanted to stay on the strip, however, I'd pick Caesars Palace, Stardust, Mirage, or one of the older ones. My real preference, however, is to continue on, off the strip, to downtown Las Vegas -- the very original casino hotels. The strip, as the saying goes, is a nice place to visit, but I wouldn't want to live (or stay) there.

I stay downtown, usually at Binion's (formerly called Binion's Horseshoe - sob sob, what a sad story). It's one of the original, built in circa 1951. I like it there because it's the best Blackjack in town (there IS a difference). It's big, but not huge; and it just has an old and original Las Vegas feel to it. The best steak dinner in Las Vegas, at least in my opinion, is at Binion's Ranch Steakhouse, which is on the top floor (24th floor) of the hotel. A great dinner and a great view of the Las Vegas skyline. That's the place to take your husband for dinner. (Or for him to take you?)

Across Freemont Street from Binion's is the Golden Nugget. That's where I'm staying this upcoming weekend. It's a lot nicer than Binion's, and it has a lot of class. Binion's has character, but the Golden Nugget has class. If you go to their Web site, you'll see some promotional deals they run from time to time. They've transformed that entire downtown area, and have what they call the Freemont Street Experience. They closed the street to automobile traffic for quite a number of blocks, and turned it into a covered pedestrian mall, complete with regularly scheduled light shows and street performers.

So that's my recommendation. Stay downtown at the Golden Nugget, have dinner at Binion's Ranch Steakhouse (reservations might be required), experience Freemont Street, and visit the strip. And it might sound corny, but if he's in town, go see Wayne Newton at the Stardust. That's always a fun "traditional" Las Vegas show, and not too expensive. If you like something more modern, go see Blue Man Group at the Luxor (the pyramid casino) or the Venetian; they play at both. (Blue Man Group is not really a group, per se, but rather an act. There are several Blue Man Group shows that travel around the country.)

There ya' go. Have fun.

http://www.vegas.com/map.html

http://www.vegas.com/map.html#fremontstreet

P.S. If you're there long enough, drive your Mustang convertible out of town, and go visit Hoover Dam. It is absolutely incredible. And if you have a chance to view the DVD/Video that's been around (A&E or PBS or History Channel), watch that before you go.

Addendum: Mr. Las Vegas, Wayne Newton, no longer appears in the theater that bears his name. His last show at that theater (located at the Stardust) was last year. Oh well, there's always Don Rickles and Steve and Eydie.

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Hoover Dam

by Oz_Media In reply to On Gambling

I went on a walking tour of it in the mid 90's, they take you all through the inside of the dam and show you the turbines, gates etc. MASSIVE, IMMENSE and HUMBLING, would not be the right words.

When I was a scout we visited Grand Coulie (sp?) dam in Idaho (on our way to the World Jamboree in Kananaskis, Alberta)and it seemed just as big (though it isn't) because I was much smaller.

They are pretty cool from a distance and simply stunning when you are inside one.


Betting, I have good handicapping skills so my SKILLED bets come with horse, and you can make some pretty sound and well educated bets that way.
Blackjack, I LOVE seeing house get stuck with the forced bet/hold hands, it's always fun to win by standing on 12. :)

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Max/Oz

by maecuff In reply to On Gambling

Thank you so much! I appreciate the help. I don't really care too much about the gambling. My husband just doesn't like it. And I was raised by a compulsive gambler that kept us a step from abject poverty when I was a kid. I've gambled a little bit and have found that I like it WAY too much, so I just don't do it.

I am looking forward to seeing some shows and all the lights.

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ooh! Mae! ooh!

by gadgetgirl In reply to On Gambling

You picked on the only place I've been in the US - unfortunately it was for work, though!

Stayed at the Vegas Hilton - ground floor ok, but rooms need a revamp. If either of you are into Star Trek, it's definitely worth a visit - if you do, have a Romulan Ale for me, please, it was deee-lish!

Bellagio is absolutely fantastic. Caught the midnight fountains twice, and loved it.

Best of the lot has to be the Voodoo Lounge, here....

http://las-vegas.travelnice.com/voodoo-lounge-las-vegas-nightclub.html

Now, I have vertigo. Nobody told me that the elevator I was going into had glass sides. The guy I was standing next to couldn't understand where this quivering jelly had come from, and how she had enough strength in her hand to just about break his arm from holding on so bloody tight....

But it was worth it - view absolutely terrific. Take at least two cameras! You get views from there that you can't get anywhere else, and believe me it's more than well worth the $10 entrance fee.

Great food, booze a bit pricey (unless you stick to something like Bud) fantastic live band. We managed to get on to the outside part when the DJ failed to show, but they had music on the internal part piped outside, so there was still a good atmosphere.

I actually felt safe on the 51st floor - there were so many safety features to stop people from falling/jumping/getting pushed, I actually didn't mind it.

As for getting down.....one of our party had the sense to ask if they had a none-glass sided elevator.....and they did. But just in case, I had just a little dutch courage before entering it.....

Have a wonderful time, Mae, I wish I'd been able to see more of the place instead of working most of the time!

GG

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MAx, free drinks

by Oz_Media In reply to On Gambling

A tip for free drinks. If you ae nt a high roller, the comp drinks are usually few and watered down. If you drop a fistfull, they will start giving you the premium brands and a good bet. But thats only if you drop some serious change.

In teh racing lounges, they have no idea hwo much you have bet or how much you have won. That is controlled by a different gaming coproration than the casino itself.

So you always get comp'd good quality booze and stronger drinks in the racing lounges.

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Oz - On free drinks

by maxwell edison In reply to On Gambling

I initially buy into a blackjack game with either $500 or $1,000. If I have several winning sessions and I find myself up a few thousand, I'll buy into a game with $2,000 and play with $100 chips, looking for that $5,000 to $10,000 winning streak instead of the $1,000 to $2,000 streak.

I'm not "a whale" (I wish), by any stretch of the imigination, since they have a lot more zeros in their play. Some people, I suppose, might consider me a high-roller, but I sure don't. It's all relative anyway.

Buying into a game with $500 or $1,000, and playing (win, lose, or draw) for several hours will get me just about anything I want for free, whether it be a room for the weekend, a steak dinner, or a glass (or glasses) of their best scotch. And if they had their way, they'd feed me all the best scotch they could pour.

Unfortunately (for them), however, I don't drink when I gamble, not even a little bit -- except I will take that free bottle of water. I'll save the scotch for when I'm finished gambling, even if I do have to pay for it myself. And if I win, I don't really pay for it myself, do I?

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Mae - You can have fun in Vegas without gambling

by sleepin'dawg In reply to On Gambling

http://www.lasvegasadvisor.com/

You don't have to be a high roller to have fun in Vegas. Vegas is the entertainment capital of the world.

Check this link out for places to stay and deals on shows and whatever else might interest you.

Ask about fun books. These are books of coupons that will give you dicounts on food, drink and accomodation in a lot of different places. They're usually free without obligation.

As for gambling, take a little mad money along and play the slots. Who knows you might get lucky. The trouble with hitting the tables is, if you don't know what you are doing or you are the least bit unsure of yourself you are going to feel pressured by more experienced players and that might end up costing you big time because you will feel pressured.

Most casinos attached to a hotel will offer lessons on how to play the games. Note: these are not lessons on how to gamble. These lessons are usually daily and start at 9 or 10 AM. This is also a good time to try whatever gambling skills you have as the action in the casinos doesn't really start to pick up until a bit before noon.

As for my personal preferences in gaming I like black jack and craps and if I do well there move up to baccarat. If you like poker, you can buy a seat for (usually or used to be) $30/ 1/2hr and thats for stud or draw. Texas hold 'em is popular but not with me.

Having fun should be your main objective.

Good luck :^0

Dawg ]:)

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Well done, Max

by Oz_Media In reply to On Gambling

Perhaps its your charisma or charm, but I can buy in with double that and still get **** in a glass.

Maybe it's because I'm Canadian, and we all know what Americans think of Canadians!

(Had to throw that in for good measure, as I am always saying how unwelcome Americans are around the world) :)

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