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Gaming Guru

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You Can Bet On It!

1 November 2001

I've been writing this column for twelve years for What's On magazine and in that time there have been many changes here in Las Vegas. One thing that hasn't changed is the odds for the house and against the player. Certain games afford the gambler a greater degree of success than others. Blackjack, poker, sports betting are the big three of games that can be beaten over the long haul.

Any game can be beaten over the short haul. Even Megabucks gets hit every once in a while. To help you in your gambling venture you have to determine for yourself what you realistically want to accomplish.

Sure, everyone wants to win, that's more than obvious. Every one wants to be a millionaire, but there aren't that many that have the skill, tenacity, knowledge, or the other intangibles that are necessary to be a success.

I know many of the guys that have won the World Championship of Poker and although they are a multi cultured and have varied backgrounds, they all share a keen sense of perception and intelligence that helps to make them successful.

Also they work at what they do, and have the guts and foresight to maximize their winnings and minimize their losses. Like the song goes they "know when to hold'em and know when to fold'em".

How many times have you been gambling at a table and losing and just keep chasing your losses. In order to win, you have to accept your losses from time to time, and not get in too deep.

I have a friend that plays a lot of poker and is a better than average player. He is by no means on the level of a world champion, but does better than most. He looks at his playing poker as a lifetime game. The game began for him about twenty years ago and will continue until he literally is incapable of playing anymore. When he goes to eat or sleep or work at his regular job, it's just a break in the game for him. With this in mind he never goes on tilt. He never chases his losses in any single session of play. He figures that if he doesn't lapse and lose more than he should in any one session, it will vastly improve his chances overall in the extended game that he is involved in. The reason that I'm relaying this story of my friend is to illustrate the need for keeping control of one's perspective when you gamble.

Take responsibility for your own bad luck, it just might be due to your own bad play! Mike Sexton (professional poker player)

We must believe in luck, for how else can we explain the success of people that we don't like? Jean Cocteau

Poker is like sex: We all have a certain natural ability, but it takes practice to get good! John Vorhaus

Keep in mind that poker is a war fought over the course of your life, not a battle to be won or lost today. Roy Cooke

Quotes courtesy of "The Wacky Side of Poker" by Ralph E. Wheeler

As Always…Good Luck!

Larry Grossman

Larry Grossman is host and producer of Las Vegas' most popular gaming and handicapping radio show, "You Can Bet On It." Since 1989 he has interviewed World Champion poker players that include Amarillo Slim, Puggy Pearson, and Tom McEvoy. Regular guests during the football season include Lem Banker, Mike Lee, Mort Olshan, and Andy Iskoe.

During the 1997 and 1998 season, Grossman hosted a nationally televised show that featured many of the nations' top handicappers.

Larry Grossman is the author of two books, "You Can Bet On It" Volume 1 - Casino Games and Volume 2 - Sports Betting. He is a regular columnist for many gaming publications. Larry has hosted and produced handicapping seminars in Las Vegas. Visit AudioVegas.com to listen to archives of his "You Can Bet On it" radio show.

Larry Grossman Websites:

www.AudioVegas.com

Books by Larry Grossman:

You Can Bet On It! -- Volume 1: Casino Games
Larry Grossman
Larry Grossman is host and producer of Las Vegas' most popular gaming and handicapping radio show, "You Can Bet On It." Since 1989 he has interviewed World Champion poker players that include Amarillo Slim, Puggy Pearson, and Tom McEvoy. Regular guests during the football season include Lem Banker, Mike Lee, Mort Olshan, and Andy Iskoe.

During the 1997 and 1998 season, Grossman hosted a nationally televised show that featured many of the nations' top handicappers.

Larry Grossman is the author of two books, "You Can Bet On It" Volume 1 - Casino Games and Volume 2 - Sports Betting. He is a regular columnist for many gaming publications. Larry has hosted and produced handicapping seminars in Las Vegas. Visit AudioVegas.com to listen to archives of his "You Can Bet On it" radio show.

Larry Grossman Websites:

www.AudioVegas.com

Books by Larry Grossman:

You Can Bet On It! -- Volume 1: Casino Games