How to pace yourself gambling?

> Any suggestions would be welcome on spending three full days in
Vegas and not blowing all my cash in one hour, err day.

stick with the new penny machines and play a dollar only in each
casino. I'm serious.

Ignore all that nonsense you read here about video poker being
winnable. It isn't. I tried a ":full pay" deuces wild machine and
it was good bye 40 bucks.


>Is it better to have a limit per day and or time limit during parts
of the day that I gamble.

a time limit is useless.



>This is my first trip and I am not a serious gambler, although I can
imagine things can get out of hand pretty fast.

chuck claims to be a "serious" gambler, whatever that means, and I
don't think you want to end up like him. as far as getting out of
hand, that's known as the heat of losing, and yes, everyone is
susceptible. that's why I stick with the matchplay coupons. I stay
out of trouble that way.

You're mileage will NOT vary.

--
billb

> Ignore all that nonsense you read here about video poker being
> winnable. It isn't. I tried a ":full pay" deuces wild machine and
> it was good bye 40 bucks.

Please forgive me if I believe thousands of mathematicians and frequent VP
players over your one losing session.

--MCS

>
> Please forgive me if I believe thousands of mathematicians and
frequent VP
> players over your one losing session.
>


I forgive you. you believe because you want to believe. that's
fine. btw, name just one mathematician that says video poker is
winnable.

--
billb

> btw, name just one mathematician that says video poker is
> winnable.
>

First off, my main point was that one losing session (or one winning
session, for that matter) *proves* nothing.

I guess I concede that I can't meet your challenge exactly, because I used
the word "mathematician" where I meant "people who understand math" and I
don't know any famous mathematicians per se who have spoken on the subject.
However, many people with math degrees HAVE. For example, Michael
Shackleford of wizardofodds.com is a former actuary and member of the
American Statistical Association, and he will tell you it's beatable.

You don't need to be a mathematician to successfully argue that VP is
beatable, you just need to have certain (fairly basic) probability skills.
This is not a difficult problem. It's a simple expected value calculation.
People with mathematical ability will tell you VP is winnable, and this is
not hard to demonstrate.

If you don't think the casino is cheating, it's not really that debatable.
The math is there. It works.

If you think the casino IS cheating, then that's a different issue
altogether.

Best,

--MCS

> For example, Michael
> Shackleford of wizardofodds.com is a former actuary and member of the
> American Statistical Association, and he will tell you it's beatable.

In the interest of full disclosure...I was thinking about this, and I
realized his title "ASA" probably means he was in the Society of Actuaries
rather than in the stats group. He still knows math.

--MCS

In article
<3196186.1082385801151.JavaMail.root@homer.liberat ionmedia.com>,
Stephen Grady <VegasMessageBoard.com User> wrote:

> Any suggestions would be welcome on spending three full days in Vegas and not
> blowing all my cash in one hour, err day. Is it better to have a limit per
> day and or time limit during parts of the day that I gamble. This is my
> first trip and I am not a serious gambler, although I can imagine things can
> get out of hand pretty fast.

This depends on you. I divide up the total amount of cash I want to use
for gambling by the number of days I intend to spend in Vegas and I do
not exceed it. At least that's what works best for me.

I like to have a casino limit and move on when I have lost or doubled that
amount. I don't like a daily limit because I could lose that in the first
hour of the first casino. If I wanted to stay in one casino all day I might
as well not come to Vegas.

"Shawn Hearn" <srhi@> wrote in message
news:srhi-2783AC.14285422042004@news-60.giganews.com...
> In article
> <3196186.1082385801151.JavaMail.root@homer.liberat ionmedia.com>,
> Stephen Grady <VegasMessageBoard.com User> wrote:
>
> > Any suggestions would be welcome on spending three full days in Vegas
and not
> > blowing all my cash in one hour, err day. Is it better to have a limit
per
> > day and or time limit during parts of the day that I gamble. This is my
> > first trip and I am not a serious gambler, although I can imagine things
can
> > get out of hand pretty fast.
>
> This depends on you. I divide up the total amount of cash I want to use
> for gambling by the number of days I intend to spend in Vegas and I do
> not exceed it. At least that's what works best for me.