Has anyone out there noticed that there’s been a giant increase in the amount of casinos that we see in our neighborhoods over the last 10 years? Well there has been and they are there for a reason.
All of the casinos that I see here in Florida are owned and operated by Native American Tribes. Let’s not confuse a casino with a paramutual location like a dog track. I’m referring to casinos with Vegas table games and real gambling. Some States finally got wise realizing that even though these casinos were open on sovereign Indian ground they’re still subject to taxing and state approval to maintain operation. It was all about getting a piece of the pie and each individual state ended up cutting deals with the Native Americans and everybody makes money that way. That’s a lead in to quite a few interesting subplots. For instance, I think my last sentence probably should have read instead of everybody makes money that way, “that way the state and the tribe make money”. Obviously there’s one missing component in that sentence. If you’ve been reading this article and don’t understand where I’m going with it my suggestion would be to save your time and go read the previous three. I typed that with a smile and I meant no ill intent. It’s just that you’re probably not the type of person who frequents a casino and the rest of this article will probably be boring at the least and certainly not apply to you.
For those of you who stayed and are still reading I can just about definitively assume that you know where I’m going. The missing component, or the one who doesn’t make money is you. So that’s why I’m writing about this today in a Payday Loan Debt Consolidation blog. I’m going to put it out there. Gambling breeds debt. Gambling causes debt and can push people into a position where they might just may well need a payday loan to pay a bill because they “blackjacked” the electric bill away.
There are many reasons that people are attracted to casinos.. The really pretty girls who work there. The implied glamour and status of being a winning player. The thrill of victory, but we all know with the thrill of victory comes the agony of defeat! Or perhaps you’re a fan of the television show Jeopardy. If you are you saw James Holzhauer’s incredible run last year where he made 2.5 million dollars on the show. James is a professional gambler. Lives and works in Vegas and sports betting is his thing. If you watch those shows he used basic poker principles to create situations that were favorable for him to gamble on the questions that he was answering. In addition, he’s a genius and filled with genuine knowledge. You can know all the math in the world but if you can’t answer the questions you can throw all that math out the window. Actual odds, implied odds and his odds on knowing the answer in any one particular category. Some of those numbers are objective and some of them are subjective. Bottom line is if you know the numbers and the math you win more times than not, and when you lose it’s usually the variance, AKA bad luck that get you. I bring James up because he epitomizes the glamour of making his living, and supporting his family in casino. I’m sure if you asked him he would say to him it’s just work. Just a normal guy, who’s actually quite like-able living the dream. A lot of people who sit in casinos today do so because they want to be like James. If you’re one of those people stop it. He’s one in a million. Gambling is a disease. It’s an addiction. and it’s extremely self-destructive. 99.9% of the time it will put you deeply into debt and threaten the the life you have built for yourself. The last thing you want to do is to come home and have to tell your family you need relief from your debt.
There was a movie from back in the early 80s called War Games. It starred Matthew Broderick, Ally Sheedy, and Dabney Coleman. I’m guessing that we’ve all seen it. At the very end of the film the supercomputer in the movie tries to beat itself at tic-tac-toe. It finally comes to the conclusion that it can’t win and the best It could do is tie. It also reasoned, why play if you can’t win. That’s always been my question to people who put themselves deeply in debt and are in need of debt relief. “Why play if you can’t win?” And so I bring you some really interesting statistics. Table games: When you play blackjack you are a 1/2 point underdog to the house. It doesn’t sound like a lot but play a thousand hands and do the math. Besides being a half of a point behind before you start that .5 is a number that only applies to the most skilled players. A more realistic number would be about 2%. That means the house has a 51 to 49% advantage against you. It doesn’t matter how many times you play. Eventually you have to lose. And if you play enough hands over a year’s time you will lose. That’s a fact. If you work hard during the day and live from paycheck to paycheck this will put you deeply into debt. Table games: Baccarat. If you are a skillful player you will win an average of 45% of the time. If your a skillful player you will lose 45% of the time. You will tie approximately 10% of the time. Why would anybody play a game when they can only win 45% of the time? it’s a recipe for losing money and going deeply into debt. Debt equals loans. Loans add up to extra bills. Credit cards, personal loans or in some people’s cases payday loans. We see them all. If you specifically have payday loans we are the most reputable payday loan consolidation company in the country. Give us a call!!
I’d like to talk about a couple more games before I finish up this article. First the slot machines. People actually win money one in a thousand times they play .I think I need to explain that because people say they win all the time but they really don’t. Winning is walking away with more money than you started with. It’s that simple. So I can pose this question. If you play slots 200 times how many times do you walk away with more money than you started with?
The answer to that question is more than likely 0. The penny slots can be fun if that’s your thing but when you start getting into the more expensive machines the habit becomes expensive. Stay away!!! We don’t want people to create unnecessary debt and have to use our services. There are enough serious reasons in this world to create debt that are unavoidable. That’s where our payday loan consolidation programs come in, and offer you debt relief. Let’s not create debt where there isn’t any.
So now we’ve spent the afternoon at the casino and I want to talk about one more game. Poker! It is very unique given the fact that it’s the only game you play at a casino where the house is not your opponent. Your play against the other people you’re sitting with. Your table mates are your competition. The house just takes a rake, or their commission before each pot.
Alternatively, If the whole table agrees they can pay the casino every half hour for the time that they are using the table. The casino doesn’t make much. The average rate is $7 a half hour or $14 an hour which would be $126.00. That’s not a lot of money for them to take. Your money is there for your opponents to take. My advice to anybody who walks past the poker room in a casino is to keep walking. Unless you’ve been playing for years and have an immense amount of experience you don’t have any business being at a poker table that’s a no limit game. This is actually something I know a little bit about first hand. I’ve played a few hands in my life. In 2003 a poker Renaissance took place. An accountant from Pennsylvania, Chris Moneymaker, and that’s his real name went on to win the World Series of Poker main event. He won 2.5 million dollars. All of a sudden everybody in the country wanted to play. With the Advent of online poker the players got really good. Being a skillful player involves patience, an even temperament, extraordinary intuition and people reading skills. Did I leave out an extremely advanced knowledge of mathematics? That’s what goes into being good. In addition, as poker has evolved throughout the years the players have gotten better and better. Poker uses something that’s very similar to the analytics that baseball uses. Poker labs around the world are consistently running hand simulations over and over again using different situations that the computer creates, and if you don’t keep up on those statistics you cannot win in a live game at a casino. I’m not talking about a straight two limit game. I’m talking about poker starting with 5/10 games and up. Great players will win over 65% of the time. When they lose they loose to the variance. Poker is a long term plus game. Good and great players WILL make money! Notwithstanding all that, I have seen people sit down at a poker table and lose tens of thousands of dollars in an hour. It just looks so easy. It’s really so damn hard!
So here’s the thing. Life isn’t easy. Sometimes it deals you a pair of kings at the same time it deals your opponent across the table Aces. In other words you’re an 80% underdog at that moment in time with that particular hand and that’s how life works too. People get bad breaks and get into debt. People fall into debt due to health emergencies. People fall into debt for a myriad of reasons. Auto repairs, new air conditioning, kids going back to school. Sometimes their car just dies. Debt is dangerous. It can destroy families. My point here is why tempt fate. I know many people who frequent casinos and have gambling problems.These are people that borrow like crazy because they always think they can make it back. Actually we can help them. We can offer them debt relief through payday loan debt consolidation, along with credit card consolidation too. Consolidating your debt along with understanding that you might have a problem can you keep you out of debt for the rest of your life. I know many people who have signed themselves out of casinos in essence banning themselves from entering the property. Once the camera sees them they are escorted out. Don’t fall into that loan trap, especially the payday loan disaster. Don’t pay 600 or 700% interest while paying your bills. That’s what those payday lenders can and will charge you. We wouldn’t walk in front of a moving car because we can’t survive. That’s a battle we will lose to the car every time. It’s the same thing with gambling. You cannot Gamble and win. You cannot take payday loans and pay the exorbitant interest rates without creating an immense amount of pressure in your life. If you’ve already done that and need payday loan relief give us a call. Our payday loan debt consolidation program has been saving lives and families for 23 years. We are A+ rated with the BBB and have an exceptional track record of service. We are an old staid company that cares.