1. Thou shalt expect to lose.
The Las Vegas Strip was not built by
winners. Even with good rules and strategies the odds are
still usually in the casino's favor. So don't get mad if
you lose. Think of it as the price you pay for
entertainment.
2. Thou shalt trust the
odds, not hunches.
If you want to maximize your odds then
believe in mathematically proven strategies, not hunches.
If hunches are so great why are there so many psychics
working the Boardwalk in Atlantic City as opposed to
playing?
3. Thou shalt not over-bet
thy bankroll.
Before you gamble determine what you can safely afford
to gamble with as entertainment money. Stick to your
limits and don't gamble with money you need for
necessities.
4. Thou shalt not believe in
betting systems.
For every one legitimate gambling writer there are a
hundred charlatans trying to sell worthless betting
systems promising an easy way to beat the casinos. I know
sounds like a cliché but if it sounds too good to be true
it probably is.
5. Thou shalt not hedge thy
bets.
Hedge bets invariable carry a high house edge. For
example never take insurance in blackjack and never bet
the any craps or any seven in craps.
6. Thou shalt covet good
rules.
Rules vary from casino to casino. To improve your odds
know good rules from bad and then seek out the best rules
possible.
7. Thou shalt not make side
bets.
Side bets are sucker bets. Period.
8. Thou shalt have good
gambling etiquette.
Gambling is a lot more fun when people are polite and
respect each other.
9. Thou shalt honor thy
gambling debts.
A true gentleman (and lady) honors their debts,
especially gambling debts. When making a bet with another
person you are putting your honor on the line to pay if
you lose. No excuses!
10. Thou shalt tip.
Dealers generally only make minimum wage and count on
tips to make a decent living. Although the amount to tip
is subject to much debate the reason for tipping should be
based on good service, not how much you win or lose.