Last month, many togel hongkong hari ini fans were pleased to hear that Pennsylvania Governor Ed Rendell had signed a bill into law that would allow table games in the state. Since then, the move to allow blackjack, poker and other table games in state casinos has been put on the fast track. The Chairman of the Pennsylvania Gaming Control Board, Greg Fajt, says that table games could be in operation in the casinos by the Fourth of July.
To gambling enthusiasts, that date makes perfect sense. On America’s Independence Day, when freedom is celebrated more than any other time, gamblers will be given the freedom to challenge a dealer at blackjack, something that inexplicably had not been allowed before.
Yesterday, the gaming board issued temporary regulations for casinos that are adding table games. By issuing the temporary regulations, the process of getting the games up and running is sped up. Those regulations include the required training for dealers and which rules are accepted for poker, among other things. The temporary regulations are effective immediately and last for two years. By the end of that two-year period, the gaming board will have had time to sit down with the casinos, unions, and everyone else involved, and come up with more permanent regulations.
Prior to this table game legislation being signed into law, only slot machines have been allowed in Pennsylvania casinos. By adding table games, the slot casinos should be able to attract more customers and make a lot more money, which in turn will benefit the state of Pennsylvania due to the tax revenue and other costs. Each casino that wants to add table games must pay a $16.5 million license fee up front. In addition, in the first two years, table games will be taxed at 16%, with it dropping slightly to 14% after that time. Larger casinos will be allowed to add up to 250 table games each, while small resort casinos will be allowed 50 table games.
The legalization of table games is thought to be a great help for Pennsylvania’s economy, but not everyone is happy. Take the state of New Jersey, for example. That state has its own gambling market and isn’t pleased at the thought of more competition. Many in the state fear that Atlantic City casinos will lose a lot of business to the Pennsylvania casinos, particularly the New York City market.
Budgeting for Blackjack
The story sounds familiar. You hit the blackjack table full of confidence, placing $10 bets on each hand, but early on are losing. Knowing that your luck is about to turn around, you decide to double your bet in order to make your money back. By the time you realize this is a mistake, you’re out of money and the night is still young.
Or maybe this story rings a little more true to you. You’re doing well at the blackjack table and have made lots of money. In order to increase your winnings, you start placing larger bets. At first, that strategy works and your pile of chips is getting larger and larger, but then you start losing and the pile begins shrinking. Determined to make that money back, you increase the wager again and soon enough are out of chips. After a quick stop at the cashier, you have more money, eager to get back on that winning streak. Before you realize what you’ve done wrong, you are calling your wife to explain why you have to cancel your anniversary trip.
There are countless other scenarios I could bring up, but they all amount to the same thing: poor budgeting leading to you losing money you never intended to spend. Anytime you go out for a night on the town, a vacation, or any other trip that isn’t free (and what trips are?), you should always make a budget ahead of time.
Before you ever sit down at a blackjack table (or log onto one if you’re playing online blackjack), you should decide how much money you want to spend at the casino. Think of it as an outing like any other and one that requires money to have a good time. How much money are you willing to spend? Always consider that any money you wager you might lose. In fact, statistically you are more likely to lose than win each bet. Therefore, you should never wager money that you can’t afford to lose.
A good idea is to determine a specific dollar amount that you are willing to spend, cash in that amount for chips (or deposit it in an online casino) and do not spend anything else, no matter what happens at the blackjack table. In addition, any winnings should be kept separate. Put that money aside instead of adding it to the money for you to wager. That way, you can’t lose any of your winnings and you are guaranteed of having at least something to show for your time at the table, even if you still had a net loss.
Once you decide how much you’re willing to spend at the blackjack table, you need to decide how much you’re willing to bet on each hand. Obviously, those two amounts are related. To come up with the amount you want to wager, you need to take into account the total amount you are willing to spend and the amount of hands you plan to play. The easiest way to do that is to first decide how long you plan to play blackjack at the casino. Though the speed differs for each table, as a general rule at a full blackjack table you can play approximately 55 hands in one hour.
Using simple math then, you can decide how much money you are willing to spend on each hand. You should then bet that amount (or less) and bet the same on each hand. There are a lot of betting strategies out there, such as the martingale strategy, that claim to give you better odds, but statistics show that you are better off with flat betting. Once you decide on an amount per bet and the total amount that you are willing to spend, you are ready to have a good time playing blackjack at the casino. Best of all, you don’t have to come up with any excuses for how you lost money that you needed.