On You Tube if you look into the Gambling section you can watch videos of how to be a better gambler, but one way to lose less is learn what is a sucker bet and try to avoid them. In Las Vegas or any gambling house, the house has an advantage from 1% 10 18%. If all you do when you go into the casino is have fun and willing to lose some amount of money, then it does not matter what the house rules are. However, if you would like to stretch your dollars there are 3 rules:

1. Learn the game you wish to play. How do you win? How do you lose?
2. Do not lose more money than you can afford to.
3. Avoid the sucker bets or where the house has all the advantage

When you go to a casino if you are a regular person, you want to win something which means you aspire to the possibilities of the game. You could win the lottery size money by playing a game. People for generations have considered the possibilities.

The casino is run to make a profit and it plays attention to the probabilities something will win or lose. Probabilities are math linked for example a 30% house advantage means rather than gambling with a dollar, you are really gambling with 70 cents.

In most games, as much as those who believe in possibilities want it to, the past does not matter for future outcomes. What does matter are the signs in the casino which should be read if the sign says a 99% payout, that means you have a better chance of winning something. In slot games that have maximum payout that means playing 3 coins rather than one coin. The games have some rules, ask the employees how the game works and decide. In slot machines, penny games have a very low payout, although they seem inexpensive. The house advantage is lower at the $1.00 game. In terms of the casino 1% advantage – try craps, blackjack and baccarat.

Linking to dividend paying stocks, while some consider the stock market a casino and there are sucker bets, there are also very conservative bets which make money over time. The trick is to ensure more of your money is in the better companies and for the average person if they pay a dividend, then there is less risk for your money. Over time the capital gains and dividends will help you in your life.

There are more questions than answers, till the next time – to raising questions.