Here goes nothing.
The customer has the ability to walk out of the casino at any time. He can walk out a winner or a loser. The thing with winning or losing at specific points in time is that the state of winning or losing is transient and can change from moment to moment.
One could leave the casino after losing a dollar or winning a dollar. How do you decide when you have won enough or lost enough.
In my opinion there are two types of casino players.
The long term player does not worry about transient results. He looks at all playing as one long continuous session. If he has the edge he keeps playing until he is ready to quit, usually at some predetermined point, such as I want to earn x points today or I am leaving at a specific time. Winning or losing is not really relevant. This player looks strictly at the long term.
The short term or casual player is different. He looks at gambling merely as another form of entertainment and does not spend as much time in a casino.
If you are the kind of player that goes into the casino rarely and with a fixed budget, then if you get lucky and make a big score, it is reasonable to say to yourself I am going to lock up some profit and walk out of here as a winner.
So it comes down to what type of player you are. The hosts of this radio program come into the first category, and they sometimes have a difficulty understanding those in the second category.
The point about how do you expect to come out ahead is answered by the standard response of find the best games, learn them as well as you can, and don't play in any situation where you don't have the edge.
To the above standard answer I would add the following point. When determining what kind of a situation you have to play in, you should evaluate all things.
In other words I don't believe that for the non-professional gambler that you should
only look at the money (picture me being bitch slapped by the radio hosts).
Look at the whole package being given to you by the casino and evaluate everything to decide if you have a good situation.Look at food comps, entertainment, rooms, treatment,
and all the other extras. Assign them all a value and add that to your game return, plus cash back and bounce back cash to ascertain the real value of the situation.
Regards
A.P.
--- On Sun, 5/15/11, Frank <frank@progressivevp.com> wrote:
From: Frank <frank@progressivevp.com>
Subject: [vpFREE] Need Polite Reply-contest
To: vpFREE@yahoogroups.com
Date: Sunday, May 15, 2011, 11:50 PM
I have Bob Marley tickets for next Saturday at the Playboy Comedy Club for the first person that can help me with this Listener question. I don't know how to answer it politely.
I have cleaned up the grammar and spelling.
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From anonymous: I think one of the biggest advantages we have over casinos is the ability to walk out when we are losing. If you don't leave when you are losing, how can you expect to come out ahead?
Yata yata yata...(about a paragraph truncated...don't worry you're not missing anything)
I think you should only stay in a casino when you are winning.
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First person with a usable on-air reply wins the tickets and more importantly my thanks. I afraid to touch this with a ten foot pole. Please be kind.
~FK
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