Ranking The Best Gambling Business

Ranking The Best Gambling Business

 

By: Jay Bauder

 

Ranking the Best Gambling Business

There are gamblers and there ARE the gamblers. For those who cannot control their gambling addiction and those who want to delve into the business of gambling, there are some areas to turn in a profit, day or night.

Knowledge of state laws is crucial in making your choice as well as other regulatory and statutes that you need to be knowledgeable of. Remember, the law does not exclude anyone.

As in any type of business, the most crucial aspect in establishing your business is where to locate it. Location, location, location is the key. Unless you want to jumpstart the economy of a certain locality, choosing the perfect location is by far the most difficult decision to make.

Another decision you need to make requires you to evaluate which type of gambling business you would like to get into.

There are a lot of options to choose from in going into the gambling business. One can choose to establish a casino, a lottery outlet, a wagering system, bingo social halls, sweepstakes and dice games.

Casinos

Establishing a casino at the right location can make an individual (who can afford to build one on his own) or a group of individuals rich. But the initial investment is also very steep as the place needs to be at par with world class standards to be considered as the in place to be.

Lotteries

Everybody plays the lottery. Who doesn’t want to get rich quick? So getting a franchise or a license to open a lottery outlet is also another way of making a fast buck.

Wagering and/or Race tracks

Some go for the higher stakes of taking a chance on the outcome of the game from a jockey or from someone else. Building a race track for horses, for dogs or for any other animal is also a lucrative business that can be looked into. Provided state laws allow these animals to be a part of the gaming industry.

Bingo

People just love to play bingo. And formalizing a bingo social hall is just the right business around that corner if your community is into it day and night. Aside from its entertainment value, most charity institutions use bingo socials to forward their causes and solicit funding for their activities.

Sweepstakes and dice games

These have fairly been in the community long before the more elaborate and higher stakes gambling activities available now. However, these do not lose their charms as they provide a high that most people just can handle in their daily lives.

Last word on any gambling business you would want to establish, know your state laws.

Raking It In With Video Poker

Raking It In With Video Poker

 

By: Jay Bauder

 

Raking it in at Video Poker

Fact, of all the hands dealt only 21% are winning hands. The rest, which is 79%, are losers. The difference between a winner and a loser is what he does with 79% of the hands dealt so that it becomes a winner.
To increase the chance of making money at video poker is to understand, embrace and promise loyalty to these video poker tips.

Find a machine that pays 9 for a full house win and six for a flush win.

If you want to play on a progressive machine that pays 8 for a full house win and 5 for a flush win, be sure that the nickel machine pays a jackpot of $250 or better, the quarter machine pays $2,500 or better or $10,000 on a dollar video poker machine
To collect on the royal flush bonus for a progressive machine, be sure to bet the maximum number of coins

Play on the machine with the lowest denomination if you are a new player. Wait until you get better before playing on the higher domination video poker.

Use slot card to get credit for playing, if the casino offers one. First ask the point equivalent for each dollar played. Then learn what those earned points are worth.

Take time to read every hand you get. Remember you’re not playing against another person, it will not intimidate you for playing too slowly.

Players don’t recognize that the jack is the most important card in the deck, not the Ace. A Jack gives you a lot more lucrative hands than an ace.

The variety of video poker you can play is almost endless, but all have their own payables that need specific strategies. The best way to start learning is to limit your choices to two.

Improve your game by playing on a computer or a portable video poker game. If you train this way, you get to test your skills with zero risk.

Here are playing tips:

1. Don’t ever hold a kicker with your pair. This reduces your payoff by 5%

2. Don’t draw four cards, if you can get a royal flush drawing three.

3. Always stay on a winning five-card hand except when drawing a royal flush with one card.

4. Never break a flush to draw a straight flush even with one draw.

5. Always break your flush to draw a royal flush.

6. Don’t break your straight to draw for a straight flush.

7. Don’t draw five, if you’re holding Jacks or better.

8. Never leave a ten on a four card draw.