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Hi, This is Wayne. This is my site, my stuff, my blog, blahblahblah. The site itself is powered by WordPress and the Scary Little theme. I thought it was cool, and I still do.

I found two strategies to doing better in a gambling place like Vegas or Reno.

Find a place that actually closes

I learned this in Puerto Rico in 1999.  It’s much harder to gamble away your winnings when they throw you out at closing time.  Of course, this kind of place is very rare as most casinos are 24×7.    One might also equate this to “bring a spouse along” but that’s not the case for me.

Track your winnings and losses

Gambling can play tricks on your mind.  You might buy in for some amount and try to mentally keep track of “I’m up this much or that much” but once you dig in your pocket again, or forget how much you bought in for, you can get lost in how much you’re actually up or down.

For my Reno trip, I decided I was going to track every gambling session by how much I bought in for and how much I walked away with.  I’d type into my blackberry the casino name when I got there, the game, the  buy-in and the walk-away.

Did it help?  Maybe.  I think so.

Much like when you track exercising or food intake, the simple act of accountability forced a different behavior.  Knowing that I was recording my walk-away-money made me think about leaving ahead more often.

I will now share some of my stats with you, by time, game, and hotel.  Since giving specifics on dollar amounts may cause unwanted tangents (“you only bet THAT MUCH?!?!? what a marooon!” or “how could you bet THAT MUCH when there are children starving in Africa??!?!?”) I decided to give my stats in percentages of my actual budgeted gambling amount.  The amount is mostly irrelevant to the stats, the budgeted bankroll may have been $10 or it might have been $100,000.

The first day was incredible.  I more than doubled my money!  I wasn’t down until the 2nd half of the last day, and just as I was down 50% of my bankroll, a fortuitous win brought me back into the positive side.

Thank you, Star Wars Slot Machine.

These other graphs show how I did per game and per hotel:

One can infer from these statistics that next time I go gambling, I should go straight from the Airport to Siena hotel and just play craps.  When done, go directly back to the airport and only play Star Wars slot machines.

All in all, the trip ended up being close to “free” because winnings and comps took care of most of cab fare, food and tips.  The flight and hotel were free already.  That’s about as good as a vacation as you can realistically hope for.

In case you’re sick of hearing about gambling stats, here’s something for you so you can hear about gambling funnies.


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