Confessions of a Casino Pit Boss

From an article found on msn.com:

The House Edge:This advantage is called the house edge and ensures that the casinos stay in business. They aren’t cheating; they’ll lose their license if they rip you off. But there are plenty of legal ways they can get you to stop paying attention to your bet.

Skip the free vodka
In gambling jargon, a fish is an easy mark, and there’s a reason casinos try to make you drink like one. Also, be wary if a casino starts offering you other freebies, especially after you’ve won a lot. The casino owners are going to do whatever they can to keep you there so they can win their money back.

Time stands still
Casinos spend millions studying psychology and what motivates us to take risks. That’s why you see so much red, especially on slot machines — red supposedly attracts players and gets them to think of victory…

Chips vs. cash
The inventor of chips was a genius. Plopping down a stack of $100 chips isn’t nearly as painful as putting down a wad of $100 bills….

Know the rules
I’ll never forget the loser who ran up to one of my tables, lost $100, and then asked me, “What’s the name of this game again?”

Complete article available here

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