Casino Rate

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Casino Rate

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Casino Rate

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Slightly intimidating at first, the Craps table gives you the opportunity to sail close to the wind. One lucky number can get you the moon. Trusting your instinct is the only way to handle this.

However, beware of the extra green 0 and 00 positions that can be found on all American roulette wheels. You are walking on eggs here. Although, penny slots do have the lowest odds.

Gaining the upper hand can be done only by practising a lot: during each game, you have 46 unseen cards.

Therefore, you are 4 times more likely to lose than to win the game. A roulette player will be rated based on his total bet for each spin.

If you play the European wheel that has only one zero then the house edge is reduced to 2. In addition, if you play in games where the outside propositions only lose half when a 0 or 00 is the decision, the house edge is reduced by half at both the American and the European wheels.

All Other Table Games: The basic rating system for all other table games follows the same pattern as for blackjack.

Three-Card Poker and Mini-Baccarat are very fast games, often coming in with over decisions per hour. Caribbean Stud is a slower game, more like roulette, while Pai Gow Poker is the slowest of all the table games.

Many casinos only rate you as betting one-half your bet at Pai Gow Poker for comping purposes. Some Rating Tricks for Some Treats Casinos want players who play, win or lose, and come back and play again.

The more they play, the better the chance the players will be behind. Was his bet a once in a lifetime moment?

Or is it a harbinger of things to come? Who knows? He left too fast to make a judgment. Casinos, like restaurants, theatres, movies and your local barbershop and airlines want repeat customers.

Do not place a bet until the floorperson has taken your card and recorded your name. You want every bet to be rated by the casino.

Always tip on top of your bets and not in front or alongside your bets. If you tip on top of your bets, the tip counts as a part of your bet.

When you tip on top let the dealers know that the money on top is theirs. If you put the tip in front or alongside your bet that is not a part of your bet but a tip for the dealers and it is usually not counted in the ratings.

In the ratings game, just about everyone gets the rating they truly deserve from the casino. You can do this in several ways.

Every time the floorperson comes over to rate your bet, double the size of it. Yes, it will cost you more in losses, but the comps for being rated twice as high will more than offset any losses that you have on the few hands that you have doubled.

When the dealer starts to deal, take the bet down and put up your regular bet. If the big bet is recorded, you have gotten some ratings value from it without any risk whatsoever.

Another way to save money at blackjack is to sit out a hand every now and then when the floorperson is occupied somewhere else.

If you can sit out 10 percent of the hands, you have decreased your losses without decreasing your rating. In craps, if you are a Place bettor, then place your bets while the shooter is on the come-out roll when those bets are off.

You will get credit for the bets but they will not be at risk. Here too you can make a bigger Place bet than normal. Once the shooter has established his or her point, you can take the bet down to its normal size.

For some players this could be true. However, for those who play what they are going to play and such ratings have no influence over them, then getting a little extra for those hours playing the games is icing on the cake.

Frank Scoblete is the 1 best-selling gaming author in America. He is executive director of the Golden Touch advantage-play seminars in craps and blackjack.

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House edge is five percent. Action player: Makes the high house edge bets in center of table. House edge is 10 percent. Craps also has a strange decision matrix.

The Field and the Crazy Crapper bets at the center of the layout of the 2, 3, 7, 11, and 12 are one-roll bets and are determined with each and every roll of the dice.

However, all other bets are only determined a given percentage of the time. For example, the 6 has 11 ways to be decided in 36 possible combinations of the dice.

It will win when it is thrown five chances and lose when a 7 is thrown six chances ; all other rolls will have no effect on the 6. So the raters at craps also take into consideration if the player is betting many numbers or merely one or a few numbers.

Most casinos do not give any rating to the odds bets as such bets have no house edge. Now once the theoretical loss is established for the craps player, the formula is the same as for blackjack.

The player will get back between 30 and 50 percent of his theoretical loss in the form of comps. Roulette: Roulette is an easy game to rate as all but one bet at the American double-zero wheel i.

The single multiple bet of the 0, 00, 1, 2, 3 is the exception and has an edge of over seven percent for the house. While roulette has a high house edge on all of its bets, the number of decisions per hour is usually in the vicinity of about 50, sometimes much less at crowded tables.

A roulette player will be rated based on his total bet for each spin. If you play the European wheel that has only one zero then the house edge is reduced to 2.

In addition, if you play in games where the outside propositions only lose half when a 0 or 00 is the decision, the house edge is reduced by half at both the American and the European wheels.

All Other Table Games: The basic rating system for all other table games follows the same pattern as for blackjack. Three-Card Poker and Mini-Baccarat are very fast games, often coming in with over decisions per hour.

Caribbean Stud is a slower game, more like roulette, while Pai Gow Poker is the slowest of all the table games. Many casinos only rate you as betting one-half your bet at Pai Gow Poker for comping purposes.

Some Rating Tricks for Some Treats Casinos want players who play, win or lose, and come back and play again. The more they play, the better the chance the players will be behind.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations. Market forecasts show the long term industry outlook and future growth trends.

Market Forecast Market forecasts show the long term industry outlook and future growth trends. Financial Ratio Analysis Financial ratio information can be used to benchmark how a Casino Hotels company compares to its peers.

Accounting statistics are calculated from the industry-average for income statements and balance sheets. These metrics show how the average company in the Casino Hotels industry is performing.

Show company earnings relative to revenues. Shareholders' Equity is defined as the company's total assets minus total liabilities.

ROE shows how much profits a company generates with the money shareholders invested or with retained earnings.

The market research on Casino Hotels measures how efficiently the company leverages its assets to generate profit.

Liquidity Ratios Industry Average Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.

Works under the close direction of senior personnel in the functional area. View Shuttle Driver - Casino Salary. Category : Hotel, Gaming, Leisure, and Travel.

Patrols casino property and ensures the safety of employees and guests. Responds to emergencies as needed.

Notifies local police department when backup is necessary. View Security Guard - Casino Salary. Facilitates operations of the casino cage.

Duties include assisting with credit checks, verifying credit references, and aiding customers with safe deposit boxes.

Requires a high school diploma or its equivalent. View Cage Clerk - Casino Salary. Oversees the casino activities during an assigned shift.

Coordinates with departments to ensure total customer satisfaction and operational efficiency. Ensures compliance with federal and state gaming regulations.

Maintains visual presence on casino floor. Enforces corrective action against individuals caught cheating. Manages subordinate staff in the day-to-day performance of their jobs.

True first level manager. Has full authority for personnel actions. Extensive knowledge of department processes. Typically requires 5 years experience in the related area as an individual contributor.

View Casino Shift Manager Salary. Directs and oversees the casino's security function. Responsible for the overall safety of guests, customers, and employees.

May recruit, interview, and select employees to fill vacant positions. May require a bachelor's degree in area of specialty.

Typically reports to a top management. Typically manages through subordinate managers and professionals in larger groups of moderate complexity.

Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget.

Capable of resolving escalated issues arising from operations and requiring coordination with other departments. View Security Director - Casino Salary.

Manages all operations of the casino cage. Ensures proper staffing, customer satisfaction, and accurate accounting of transactions. Requires an associate degree.

View Cage Manager - Casino Salary.

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