Friday, February 8, 2013

Nevada Gambler


Nevada gambler
by
Dale Candee
copyright 2013

Foreword

Most of us are exposed to gambling in its subtle forms, such as marbles, card games and other games of chance. Our school systems have worked extremely hard to eliminate these games of chance. Not just because of the gambling but because they do not wish to deal with the whiny kid who lost his Walkman in a game of craps. Don't get me wrong, unsupervised gambling does not belong in our schools. But in the process of trying to protect our kids from gambling, we have also removed a valuable tool for teaching. Aside from teaching math skills, we also remove the chance to teach kids the most important lesson of all. Risk taking; what is an acceptable risk and how to manage those risks. If you tell a child no, what are the odds of that child listening to you and never gambling again? On the other hand have him play tic-tac-toe for a while and he soon learns the futility of playing a game that can't be won. Luckily for me I was surrounded by business people, farmers and entrepreneurs when growing up. Business people are risk takers to begin with, but they manage their risk and do not depend solely on luck. Farmers plant their crops but have to manage the risk of a drought or other catastrophe, in order to offset any possible losses. If you want to produce a factory worker or McDonald's employee, send him to school. But if you want to help your child become something more, teach them how to manage risk and become an entrepreneur. Teach them how to start their own business and teach them how to take reasonable risks.
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My parents would frequent casinos only because they offered good food at a cheap price. My father was never one to pass up a bargain, but at the same time always lectured against gambling. That's not to say that he didn't gamble if he had one or two dollars he didn't mind losing. My father would say" If you're going to gamble you might as well say, goodbye to your money the minute you pull it out of your pocket. So whatever you pull out of your pocket should be no more than you can afford to lose.“ Once he lost his two dollars that was it, and if he won he immediately put it in his pocket and walked away." The longer you play, the more chances you give the casino to win their money back." He would say. He also said" if you want to gamble place a bet in a casino but if you want to make money bet on yourself and start a business."
My first exposure to real gambling was sitting in a restaurant and being given a Keno ticket to draw on, with a black color crayon. The drawing soon turned into picking numbers and learning how to write a Keno ticket. When I got older, my father would place a wager for me if I was willing to split the winnings. Like I said, my father was not one to pass up a bargain. As a kid growing up in Nevada, you can't help but notice all the casinos. The lights and sounds were very much like an amusement park. People would put money in the machine and then more money would come out than they put in. As my friends were getting 10 times the allowance I was, you can see how a slot machine would appeal to someone like me. Being told that I was not allowed to be around the machines, made it all the more alluring. As a matter of fact, it turned it into a challenge and by age 16 I was finding ways to break the rules. I would see young people get carded and asked to leave the casino. My father would say" They got caught because they looked and acted like teenagers." I thought to myself" If I cannot be 21 then I can at least look and act 21.“  I would dress in my Sunday best with a pocket protector and tie hoping to look as business like as possible. I avoided machines that paid large jackpots as I knew they would ask for ID with any hand pay. And played only during odd hours when the casino was short staffed or crowded. Larger casinos were more appealing as I had a larger selection of machines and I could move around and be unnoticed. And above all else I never played when my friends were around, as they were a dead giveaway. For six years I played without ever once being asked for my ID. The very day I turned 21 was the first and only time that I was ever asked for my ID. I was with several friends drinking, celebrating my birthday when I was carded, not because I was gambling but because I was drinking.
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As time went by, it became very clear that winning money in a casino, was not as simple as placing a bet. I began learning by watching other players and taking advice from those I thought had some insight into casinos. And reading anything that I could get my hands on, Gambling times magazine, books on card counting and math books on calculating odds. It is amazing what you can find in a public library.
 My great grandpa  Van was a truck driver and an avid Keno player. He would visit once a year, so he could gamble in Reno and visit with family. We would walk to town and back visiting stores and talking to people along the way. I always knew when he had been lucky, because he was generous with his money when we visited the stores. He told me," Never play a game you don't understand and don't know all the rules to." “If you're going to play, at least know what you're getting into.” My grandfather would later teach me a lesson I would never forget. While playing poker for money with some friends of mine, I hear my grandfather say" If you can cheat them, cheat them till they're broke." To my chagrin, I later learned my grandfather, was being quite amused by my friends cheating me out of my money.  I think he was trying to teach me a lesson about not gambling, but what I learned was, rules can be broken. I also learned that trust was not something that should be assumed.  That just because someone was a friend or an authority figure, did not mean I could blindly trust them.
My uncle Ed on the other hand was quite the avid inventor, creating automatic gates, wind generators for air compressors, building and living in an underground house. He was ahead of his time but unfortunately his inventions did not always work out. He had won a couple of large jackpots in his younger days and bought a cabin in Lake Tahoe with his winnings. As time went by he lost everything he owned including the cabin in Lake Tahoe. He was last seen living in his car and thus became a prime example of how not to gamble. As a kid I was always impressed with his creativeness and willingness to share his ideas. When it came to gambling, my uncle had more ideas than you could shake a stick at. One such idea for beating the machines was by watching the symbols on the reels. (This was when slot machines were still mostly mechanical, no computers) Unfortunately he thought that simply watching for certain symbols to show up was the answer. He did not use a math formula which would have been more accurate. What he didn't know was that the speed of each reel changed with each pull of the handle. This made it impossible to predict when a machine would pay out. I was later to learn that his advice, although it be creative was far from the best advice. His last invention of putting a wind turbine on top of an electric car should have been a clue. As a result, I learned from him two things. One, take your advice only from those who can prove their results. And two, a lucky streak does not make you an expert on gambling.
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From books I learned about all the so-called systems for winning at gambling and I learned the history of how it all began. I learned about those who were successful in beating the odds and how they did it. And I learned about those who tried to cheat the system and the price they paid. One such system was card counting. This is a system that uses algebra to keep track of cards being played and when it is best to increase your bets. It is one of those systems that to this day is debated as to whether it is legal or illegal. I spent weeks studying and practicing the game of 21. Learning the basic strategy and the system was quite easy; it just took a lot of practice. Unfortunately I never had the guts to bet the big-money in order to make the system really work. And even though I can walk in and sit at a table and play for an hour and walk away with $40, it is still a risk. I found the system to be almost foolproof but when it came to actual play I found I had other lessons to learn. The first lesson I learned, was that casinos don't like to lose. On one such occasion the cocktail waitress came up from behind. This made me turn away from the table in the middle of the hand being played. While my back was turned the dealer played out the hand and took my chips. On another occasion the cocktail waitress spilled drinks on me. This is not an uncommon occurrence and I've had it played out even when I wasn't counting cards. Frequently changing the card decks, shuffling a four deck shoe after only a couple hands and many other tricks are not uncommon. Even to this day I find it amusing to sit and watch at a distance, as a casino does everything he can to make sure someone loses. Some of the methods used are very blatant, while still others use subtle psychological and subliminal methods. The casinos best weapon is free drinks, as an intoxicated player will always play more than he intends to and will make far more mistakes while playing.  A typical casino will not have Windows or clocks anywhere. The idea is if you lose track of time, you will play longer and if you win you're more likely to play it back. The color red or green will be used in various areas of the casino. Red is a common color found in the restaurants and is known to increase people's appetite. The color dark green denotes trust worthy, reliable and of course money and prosperity. Casinos spend millions of dollars on research and how to convince people to give up their money. Casinos play out a psychological battle with its customers every day convincing them that if they play, they will win. Inexpensive meals, means you have no reason to leave the casino. In larger casinos inexpensive hotel rooms and every imaginable amenity is offered in order to keep the customer playing. Large jackpots are advertised everywhere even though the odds of hitting one are one in millions. And if you hit a large jackpot in the millions, it will be paid out to you over 20 years. This means that you will essentially be paid the interest and the casino keeps the original jackpot. A well-managed casino never loses money and is as much about how it is set up as it is how good their accountants are. Some of the best run casinos in Nevada, are owned and run by accountants or former accountants. So when you walk into a casino, you should realize that the casino and everything in it is designed to take your money. Cocktail waitresses in their skimpy costumes are there to distract you. Cabaret shows and other attractions are there to get you in the door and distracted. An unfocused gambler is more likely to lose than one that is paying attention.
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One of the best gambling systems is nothing more than a money management system. You start with a set amount of money, such as $10. You limit your time in the casino to no more than one hour. It does not matter how you play what you play, but once you've lost the $10 you leave. If you win $10 on top of what you started with, you then put the first $10 in your pocket and do not touch it. If you lose the $10 you won, then you quit playing until another day. If you win another $10 then you put that $10 in your pocket with the first $10. You keep doing this so long as you do not lose your $10 investment. You can continue to play so long as it's not more than one hour. At the end of one hour you're done. As you can see this is simply a money management system. The hardest part about this system is convincing your ego that you're not on a winning streak and that you should break the rules. If you cannot follow this simple system, I would not recommend that you gamble at all.
After turning 21, I made the next logical step; I went to work as a slot technician to learn what I could from the inside. As you enter casino as an employee, you enter a whole other world. As a slot technician part of my job was to pay out jackpots and to act as additional security. In those days the slot machines had to be rebuilt every six months. The coins moving around inside the machine would literally wear the machine out. Although the biggest problem we had was not with the machines but with the customers. People would try everything they could to cheat the machine and the casino. They would try everything from tying nylon string on to coins, to making out right false claims the machine did not pay. I don't know how many times people would offer a bribe for me to fix the machine payout. They never understood why I always turned them down because I never knew who was working for the casino and who was not. Today's machines would be nearly impossible to rig or tamper with unless you were a programmer and had access to the machine. In one case a lady tried to use Mexican pesos in the dollar slot machines. Unfortunately for her she was caught and charged with one count of fraud for each coin that she tried to use. That's a possible 10 year sentence for each coin and in her case a possible life sentence for trying to cheat a slot machine. When it comes to the Nevada Gaming Commission they do not pull any punches for someone trying to cheat the casino out of its money. On one occasion the Nevada Gaming Commission came in and gave us a lecture on how to spot gaming cheats. It was the most informative lecture on gaming that I had ever seen. But afterward I wondered if I had just been given a lecture on how to spot gaming cheats or an elaborate lesson on how to cheat? At the time that I was a slot technician, the industry was going through a radical change. Slot machines were being converted from electromechanical devices, to computerized slot machines. The first electronic touchscreens were being introduced for games like Keno that require the use of a stylus pen. Casinos that once had to change out reels in order to change the odds, could now simply push a button to increase or decrease pays. It was a once-in-a-lifetime opportunity to watch an industry transform itself from the mechanical age, to the computer age. At the time we still had to collect coins twice a week from the slot machines. This required several people from the casino to go around and collect coins. As a slot technician, I was one of those people. This afforded me a unique opportunity to see what the machines were actually paying out and what they were collecting. A machine that had coins overflowing the bucket underneath the machine was a machine that was not paying out anything or was getting a lot of play. And a machine that had hardly anything in the drop bucket was a machine that was paying out a great deal of money or was not being played at all. This gave me a unique insight into the machines and how they paid out jackpots. This told me that if the machine was not paying out after the first two dollars I played, odds were that it was not going to anytime soon. The second thing that it told me was that if the machine was paying out money periodically, I had better odds of it paying out a jackpot. This is one of the things that I learned to be true even to this day. One of the other things that I learned was that a machine that had a lot of pay lines usually made more money than a machine that only had five or eight lines. The psychology that the casino tries to play here is that the more bets you make the more likely you are to win. The fact is that it is the opposite and you're more likely to lose more money than you are to win. The advent of the penny computer slot machine allowed casinos to take this to the extreme. It is not uncommon to find machines that have 50 to 100 pay lines. Over the years of playing these machines, I have found that a machine that has 15 lines can and will pay as much or more than a machine that has more lines of pay. With the addition of bonus jackpots and progressive jackpots it has become just as important to take note of which group of machines you play. Most progressive jackpots do not pay out until they get close to the max payout.
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In these competitive times casinos are desperate to keep the customers they have and to entice new ones by offering additional bonuses, raffles and games. Many casinos now offer club memberships that offer bonuses based on how much they play. The player is issued a card that they insert in the machine, which then tracks how much the player plays. It is usually very beneficial to sign up for these clubs as the casinos will offer discounts in their restaurants and hotels, in addition to cash payouts. Larger casinos also offer specials packages, such as dinner and a show at a special price. They also will send out invitations to special events, such as slot tournaments and special parties. In addition casinos will offer bonus games such as bingo, random drawings and other games at special times. Most require a minimum bet to participate in the additional games. It is also important to ask the casino what amenities they offer, as many of them are not advertised. Many offer self-serve coffee, soda and snacks for players. Casinos also offer basic instruction on how to play many of the games, such as roulette, blackjack and craps. Keep in mind that the instructions the casino will offer will not necessarily be to the benefit of the player.
 Another benefit that may be offered is the casino keeping track of your losses. This allows you to get a print out at the end of the year so you can write off some of your losses on your taxes. Be sure and asked the casino before signing up if this is one of the services they offer. If the casino does not offer this service, it is still a good idea to keep a log of where you play, date, time and how much you win or lose. You should talk with a tax expert or accountant to find out how much if any of your losses may be written off. A gambling log will also help you keep track of what you're actually winning or losing. I've had many players tell me they won a $1000 only later to admit that over the year they probably lost three times that.
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Over the years I have learned that my father was right, casinos are good for discount meals, free drinks and cheap entertainment, but only if you learn how to play them, before they play you.