Have you ever asked for advice from a dealer in a casino? These employees have been trained in the procedures of the games so they know what they are talking about. They can give you tips but don’t expect them to tell you what type of strategy to use for a certain game. You might find just the opposite of what they tell you to be correct.
Any gambler who takes a seat at a table game should already have a basic strategy in his head. With this, he should be able to lower the house edge to a minimum if he knows what he is doing. Never sit at a game relying on others to help you decide what to do next. They might tell you something that will benefit them and not your bankroll.
Gambling is putting your money at risk so reading and watching are two resources that will teach you something about the game. To better your odds, you must reduce the house edge so take time to educate yourself before you step into a casino. Keep in mind that old saying that says, free advice is only worth the money you paid for it, and this could not be more true.
Here have just won the jackpot from the pachinko, table games or the bingo at your favorite casino. Pooh, what a lucky one you are! Now, what next? How will you spend this money? I mean, they could be gone in a flip, but before they do, you should use the jackpot in a rational manner.
Financial management and lottery win go hand in hand. Here are a few tips on how best to make your money work for you as you watch your empires grow.
1. First things first, PAY YOUR DEBTS OFF.
For you to secure your future financially you first have to have financial freedom; this is the best way of spending your jackpot which implies that any economic ties are to be eliminated. Bank loans and any other loan especially those that earn interest ought to be removed. Do some evaluation; some loans can be better paid off after the investments you make generate income. Weigh between the interest rates and your investment potential. Please note that the promises you made to your friends and family are not strong ties, after all, they can always wait. After this, you will then have a clean slate on which to start the journey to your version of Disney World.
2. SEEK ADVICE
You now want to plunge your money into something useful. What exactly are you going to invest? Write down your ideas in detail, then weigh them and choose the best one. Consider all possible alternatives while putting into consideration the risks that you are willing and able to bear. Consider having a business plan. Evaluate them critically; you cannot afford to let your hard earned luck go to waste.
It would be a good idea to have a financial advisor. Do not do it alone, have expert opinion and advice from a trustworthy and experienced individual or company. Let them help you see beyond, this will broaden your scope, and you will be better informed and in a position to make a wise decision. How else will you best spend your jackpot?!
If you are to spend your prize well, this is not the time to throw money around, oh no. Be deliberate in every penny you use. Remember to budget for the games too. There is the temptation to possibly quit your job and live the high life, but sit a while and see the bigger picture. Maintain your living standards; budget for the daily needs then consider implementing the ideas you now have after seeking advice and considering all your options. It is better to build an empire then move into it than to make progress into an empty field in the hope of building an empire there.
Spend your money on income generating activity; this is the it’ thing in spending your jackpot. You can do this through the stock market, in a business or any other suitable endeavor. You may choose to save your money, that is a good idea, but the chances of it getting depleted before you do anything meaningful are high. Take a risk; it is better to try and fail than to not try at all.
5. PURCHASE ASSETS
I don’t mean you go buying the most advanced home theater! Buy something whose value increases over time or something that establishes you such as building a home. Real estate is an industry that grows fast especially with the rising population and sense of style; you may consider investing there. It guarantees your future and that of your dependants.
6. DONATIONS, DONATIONS
We live in a community, and there will always be the needy around us, give back to the society by making generous donations without depleting your finances. This is a win-win kind of act. Look at it this way, as you help someone you also build a name for yourself and expand your social ground. You will need the society if you are to succeed.
7. MANAGE YOUR WEALTH
Your sweat should never go down the drain. You work for your property so protect it. Whether you have to employ a manager, hire security guards or take an insurance cover, protect your babies; your wealth. Whatever you do, insurance is a must-do, and it will save you on a rainy day.
8. REMEMBER YOUR ROOTS
You won the lottery; you had the tricks, remember them skills and advance them now and then. If you don’t have the time, opt out of betting. It is better than losing. Whenever you game, spend sparingly and with calculated moves lest you lose it all in a moment. Never forget where you came from, even when you choose to walk out of it.
Do you have someone in your family, who enjoys a bit of gambling at times, and will be having a special occasion in the near future, and you just can't help feeling hopeless with your gift search? Then you definitely aren’t alone. People who enjoy gambling are one of the toughest ones to buy presents to! To overcome this annoyance, we have gathered together five of the most popular gifts for gamblers that will make their birthday or other celebration just perfect!
1) A poker set
In case this person you are buying the gift to is someone you have known for a long time, then the chances are that you have already bought them a online poker guide set as a present. But in case you haven’t, then you have definitely found an easy, yet absolutely perfect gift! Getting a poker set is basically a bulletproof plan, since most of those people who gamble enjoy playing some form of poker, and if they don’t, then there are many other card games with some sort of stake in them that can be played with a poker set.
2) Custom cards
When you buy custom cards as a gift, they are already cool, but if you give them to a gambler, it transforms automatically into a great gift! Remember to purchase good, quality playing cards and try to find some theme that your gift recipient will enjoy. There are also some companies that let you choose the images for the cards, so you should also explore that option. Overall, this is a great present since it shows how much effort and thought you have put into their gift.
3) A casino table layout
Whether the person you are planning the gift for enjoys blackjack or craps, there are many layouts that you can find online with some effort. These layouts are a great way for a gambler to practice their skills or test their luck at home, while they can also start having proper play nights, which feel like they are being held in a professional setting. When looking for a layout, try to look for a high-quality product - plastic sheets that are resembling casino table layouts will often just look like a poorly thought out gift.
4) Gambling related apparel
There are a ton of gambling related apparel online that will fit any gambler’s taste! There are poker related keychains, drinking games, special dice, pinup girl posters, and much more. And the best of all is that if you are looking for a cheap gift that doesn’t require too much effort, these kinds of small, handy gifts are often just the perfect choice!
5) A trip to a casino
If you are planning out something bigger for a very special occasion, like a 50th birthday or a wedding present, you should consider paying for a trip to a casino! It is the ultimate gift for a gambler - it shows that you understand what the recipient enjoys and you can show how much you care about them. It obviously won’t be cheap, but if you are ready to sacrifice some extra money for the best gift ever, then this is absolutely the best choice.