How to Be a More Profitable Gambler
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Some poker players hate tipping. Bob Dancer explains why tipping is profitable in the casino. He explains how to be a more profitable gambler.
To get an advantage in a casino, you have to find a game where you're getting a positive expected return on every bet instead of a negative expected returns. This is all but impossible at most casinos and at the games. The only exceptions are in blackjack and video poker.
The formula for calculating your hourly expected win rate isn't complicated. It's a step-by-step process. The first step is to calculate what kind of edge you have over the casino. Then, you determine how much action you're bringing the casinos per hour. This is the average bet you’re making multiplied by the number of bets you make per minute.
The casino is running a video poker promotion. Every time you hit a four of a kind or a straight flush on video Poker, the change person stamps one of your squares.
The casino pays you $200 for a completed ticket. The average player plays 600 hands per hour and gets one of their squares stamped 1.5 times per minute. This is $15.80 per day in free promotional money.
The value of tipping is clear when it comes to gambling. It makes you feel good to be polite. Tipping reduces the amount you're winning by $3 per hour. However, it increases the value by about $21.06 per card. It's a trade worth making repeatedly. For example, you could earn $12.80 per day. You could get two to three stamps on your card for every $1 you earn.
Bob Dancer won a million dollars in three years.
How to Be a More Profitable Gambler is a book written by a professional gambler.
How to be a more profitable gambler is a book written by a professional gamblar.
You're encouraged to tip the casino staff. It's just savvy gambling. If you were offering to bribe them to stamp your card endlessly, that would be different.
Tipping is polite and it's profitable. The post How to Be a More Profitable Gambler explains how to be a more profitable gambler.
