Difference between your win goal and casino`s

The difference between the casino and the player is that the casino can easily have a much lower win goal because their doors are open 24/7/365. Their games make money all the time. Every hour, every day, every week, every month, every year, without ever needing a rest or a break. Human players can’t play like that single pay-line
. While the casino can easily offer a game where it can reasonably expect less than 1 percent profit, it will get this all the time, always, over the short term as well as the long haul. You, the player, can’t play like that. Therefore, whenever gamblers say to me that they expect a 2 percent return and consider this good, I politely tell them that’s great, and quietly chuckle. These “gamblers” are trying to play like the casino, trying to beat the casino at their own game of survival. Trying to “outlast” the overall game percentages. This will result in nothing more than the gambler’s eventual ruin.

Gamblers in general, and slot players in particular, must have win goals not only commensurate with their bankroll, session stakes, and so on, as listed earlier, but also with the realization that their exposure to the games will only be a very short slice of the game’s overall event reality. Therefore, such win goals cannot and should not be measured in percentages relative to the way the casinos figure their own odds and win goals. Rather, these win goals should be measured in terms of what the game can yield, especially if played correctly, and if selected in accordance with the various selection criteria I listed earlier. It is also important at this point to introduce a derivative of the wingoal criterion, called the win expectation.

The win goal is what you have set as your desired objective blackjack beats, realistically based on the various principles already amply demonstrated. The win expectation, however, is based within the reality of the game itself and, most specifically, in that very short-term slice of that one specific game’s event experience.

This entry was posted on Wednesday, February 13th, 2008 at 4:09 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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