More Gambling Quotes

September 7, 2020 at 3:46 am

“Gambling is not about how well you play the games, it’s really about how well you handle your money.” – V. P. Pappy.

“Once you start thinking you have nothing left to learn, you have everything to learn.” – Steve Badger

“Nobody has ever bet enough on a winning horse.”

“Money won is twice as sweet as money earned.” – Fast Eddie Felson (Paul Newman)

“Quit while you’re ahead. All the best gamblers do.” – Baltasar Gracián y Morales

Martingale Madness

August 7, 2020 at 2:37 am

The martingale system more than most condenses the wild highs and lows of the casinos. You can go from feeling that you’ve cracked the code, Alan Turing style one minute, to suddenly being in a state of dread the next. For the uninitiated the martingale system, when applied to roulette involves doubling down each time you lose (on say red or black), with the view what when your colour eventually comes up you’ll double your initial stake. That’s all find and dandy in principle of course and there’s no denying that when approached in methodical fashion it can lead to significant gains over a short to medium length of time.

There is of course though, no such thing as a free lunch. The problem comes due to the dizzying amounts you may need to end up placing on an outcome for the sake of winning a paltry sum. The average persons view I’m sure if that there are rarely significant runs of a single colour over time, but that’s simply not true. And even where it is in the short term, eventually probability will claw it all back when you do end up on a run from hell.  I’m not even a regular casino goer compared to the average diehard, but even I’ve seen runs of 10 reds or blacks in a row on occasion. That would give the average martingale enthusiast cold sweats, or as a worst case scenario a fast emptying bank account.

There’s a certainly logic if you’re in it for the fun, in say doubling up once or twice when you lose to see if you can claw your money back, but be aware that every spin is entirely separate and so nothing that has come before somehow magically persuades the ball to go into a different colour. As obvious as that is, it can be hard for people to get their heads around!

 

The Covid-19 Casino

August 4, 2020 at 3:04 am

Here in the UK and likely in a tonne of other countries, casinos are not yet open. Their enclosed nature, shoulder to shoulder play, and long stints that patrons put in, make them ideal breeding grounds for covid-19. However, they may/will soon open, and one redditer I spotted a comment from, was at pains to state how well prepared they are:

Actually we’re probably a lot safer than most places. I’ve just had to spend 3 days straight getting used to the new rules inside a casino.

We will be having contactless at the table so keep cash to a minimum. (no idea how gambling commission let this one slide lol but oh well)

4 people per table, if you arent playing, you’re not standing around watching, and no sharing chips – not even with your partner even if you live with them. 100 chips per each colour, with a clean 100 ready to go, as soon as a player leaves, their colour is immediately removed from play and washed.

On blackjack each player gets their own float of chips so they arent mixed around during payouts, and again, these are immediately removed from play when a customer leaves the table. Each dealer change will require the dealer to go an clean all 312 cards they used and the new dealer will bring their own clean set of cards.

3 card poker and texas hold ’em poker is closed.

We will stop the games every 1 hour to clean around the tables and perspex glass separators.

The bar is closed so only table service.

Every touch point in the casino will have sanitiser next to it.

Everytime someone leaves a slot/auto roulette machine it will be cleaned before the next person.

This is certainly well thought out and commendable, though I can’t help but thinking that the fundamentals (an enclosed environment where people stay for hours, possibly in the presence of an airborne virus) haven’t changed. So the jury is still out really. At least we still have online casinos, right?

Casino Guinness World Records

July 17, 2020 at 3:08 am

I certainly haven’t been breaking any records in terms of casino winnings, and so, tired to hearing of endless million dollar wins what way to forget about all of that, than to look at the quirky side of world records. So, without further ado, I bring you a collection of zany and pointless casino based Guinness world records:

Most casinos visited

The record for the most casinos visited belongs to Edwin Wheeler (USA) who, between September 1955 and September 2002, visited a total of 358 different casinos.

He has made 372 visits but to some casinos more than once.

Largest collection of casino chips

Largest collection of casino chips and tokens is 802 pieces, and was achieved by Paul Schaffer (USA) in Las Vegas, Nevada, USA, on 22 June 2019.

Paul has been collecting casino chips since 2004, and hopes to build interest in casino chip collecting as a hobby.

Most casinos visited in 24 hours

The most casinos gambled in 24 hours is 74, and was achieved by Kimo Ah Yun and Gary Meyer (both USA) in Las Vegas, Nevada, USA, on 19-20 October 2017.

Gary and Kimo decided to attempt this record again to better their previous attempt from 2015. This time, they gambled at an additional 5 casinos within the 24 hour time frame.

Most people playing a casino virtual racing game

The most people playing a casino virtual racing game was 4,230, achieved by Bally Technologies (USA) at Mohegan Sun in Uncasville, Connecticut, USA, on 11 May 2013.
Most valuable casino chip – The most valuable casino chip is valued at Canadian $450,000 (£292,677) and was designed by Gerald N. Lewy (Canada). The value was certified on 30 May 2013.