Vegas: Cheap Gambling

January 5, 2008 at 6:03 pm 1 comment

The first time I went to Vegas (spring break 2004), we spent a good bit of time at a roulette table at Boardwalk.  With the $2 minimum, we were able to verrrry slowly win almost all of our “colors” with the pit boss hanging over us (hilarious!).  We ended up covering most of our trip with our winnings using the Martingale method.  We were sad when Boardwalk closed in January 2006.

On that first trip, we also found Casino Royale.  The tables usually ran about the same as Boardwalk, but it was a lot smokier.  Nowadays they usually have $3-5 minimums.

One of my bffs moved to Vegas in the fall of 2004, so I’ve been back a bunch of times to visit her over the past few years.  Although she isn’t a big gambler, she has learned of a few locals casinos.  I was excited and scared when she told me about and took me to Klondike for the first time.  She had a coupon – buy a drink, get a meal for free.  During several visits, we used those coupons to eat for less than $2/person at both the Vegas and Henderson locations.  I loved gambling there.  They had “$.10” roulette (it was actually $1 inside/outside minimum, but you could split it down to $.10).  Blackjack was cheap too – $1-2 I think.  Unfortunately, the Vegas location closed in 2006.  That’s okay – it’s better for my health not to go there.  They place was NASTY!  (I’m allergic to smoke.)  I think the Henderson location is still open, but…

Bff’s dh told us about El Dorado & Jokers Wild.  Her dh called for us and found out both of them had $2 minimum tables on New Year’s Eve!  Unfortunately, El Dorado didn’t mention that they weren’t opening the tables until 2 pm.  The group headed for Jokers Wild and settled in at the $2 craps.  If I hadn’t been so distracted, I would’ve walked away with about $20 in winnings (I left with $10 instead).

Our group stumbled into O’Sheas on the Strip.  Although not nearly as nice as the other places on the Strip, they had $5 minimums (hard to find on a holiday weekend).  It also wasn’t as smoky or gross as Casino Royale (probably because it was renovated in 2006).  O’Sheas was also part of a group of hotels offering poker tournaments.  Their tournaments had $45 buy-ins – totally affordable and worth it to play for an hour or so.  Jason made it to 8th place at the 5 pm tournament on NYE!  I was very proud of him. 

Overall, we left Vegas with $10 in winnings (I won $5 on quarter slots at the airport).  Very impressive.  Next time I visit and have time to gamble, I’d love to spend some more time figuring out craps at Jokers Wild.

The Martingale system: Place your first bet on something that’s almost even odds (roulette: red/black/even/odd/low/high).  If you win, take your winnings and leave the first bet for the next spin.  If you lose, put down double the bet.  If you don’t chicken out or hit the table max, you’ll eventually win all back all you lost plus whatever your first bet was.  This is a good trick if you don’t get easily bored and won’t be tempted to bet elsewhere.  You also have to have some luck with this one.  For example, if you start at $5 and lose 11 times, you’ll be up to $10,240 on one spin!

Image from Wiki.

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Entry filed under: TheStates.

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