• 14Mar

    In fact there are numerous opponents of casinos as well as a fair amount of evidence to show that they do in fact cause economic harm to communities and to individuals as well. Casino money can often act as a magnet for corruption, and for many years “casino owner” was synonymous with “mafia boss.” While the casino business was expanding in Nevada in the 1950’s owners looked to borrow funds to finance expansions and renovations in the hopes of drawing more Americans to the strip. Legitimate business men were understandably reluctant to get involved with casinos, since they were illegal in every other state.

    However, organized crime figures had plenty of money from their drug dealings, extortion and other illegal acts and had no problems with the “seamy” image gambling had. Mafia money began flowing steadily into Reno and Las Vegas, but the mobsters weren’t content to simply provide the money, they wanted to be personally involved. Some took part or sole ownership of some of the casinos and even influenced the outcomes of some of the games with the threat of violence to casino personnel. Real estate investors and hotel chains had even more money than the gangsters though and soon realized how much money they could be making with the casinos.

  • 02Mar

    To have the best chance at winning, and to limit your losses, a player needs to understand the games before they start to play. For instance, a blackjack player who does not even know the rules of the game, the totals on which the dealer is required to hit or stand, or a basic strategy for play might as well just write the casino a cheque before they even begin to play. Similarly a craps player who does not understand the options available might make bets giving the house a 16.67 percent edge, when there are bets available at that same table that limit the house advantage to .6 percent.

     

    It is important to learn the best bets and to stay away from the worst ones, and you will win more often. But you have to understand that regardless of how well you play, sometimes (in fact, the majority of times) the house edge is going to chip away at your bankroll. But there IS a reason they call it gambling, you can’t expect to walk away a winner every time, but it is possible sometimes, so if you think you’re ready for both the risk and excitement then feel free to pop into a casino and spend a little money.