|The Lounge | Champions | The Wire | Schedule | Audio | Arcade | The Top Ten | Historical | Email | Video|
The Secret of Grinding Out a Profit
Pssst...Wanna know a secret?
How about the secrets of grinding out a profit?
The term "grinding" means making a small amount of money on a consistent basis. Many dealers look at grinders with derision because they make bets and then take them down after each one hits, which means constant work for the poor dealers. These dealers can spot a grinder right away because they never press bets and are satisfied with one small profit on each shooter. But can you really make a consistent profit with grinding?
Let's find out!
One way to grind out profits is to bet don't-come and make a corresponding place bet on the same number. If you have a $10 don't-come that goes to the six or eight, you can place the same number for $6. If the seven rolls (which is favored) you'll win $10 (and lose $6), but if the six rolls you'll only lose $3 instead of $10.
If the point is four or ten, you can place either number for $5 to balance out your $10 don't-come. If the seven rolls now you'll win $5 ($10 - $5), but if the four/ten rolls you only lose $1 ($9 - $10) instead of $10.
Finally, with a five or nine point, you can also place either number for $5 to balance out your $10 don't come. If the seven rolls you'll win $5 ($10 -$5), but if the 5/9 rolls you only lose $3 ($7 - $10) instead of $10.
If you bet at a higher level, you can make bets that will win if either the point or the seven rolls. For example, if you have a $25 don't-come that goes to the six or eight, you can place either number for $24. If the seven rolls you win $25 and lose $24, giving you a $1 profit. And, if the 6/8 rolls, you win $28 and lose $25, which still gives you a profit of $3.
You can use the same $25 don't-come on a 5/9 point, and place either number for $20. If the seven rolls you win $25 and lose $20, giving you $5. If the 5/9 rolls, you win $28 and lose $25, which gives you a $3 profit.
Finally, with a $25 don't-come on a 4/10 point, you can place either number for $15. If the seven rolls you win $25 and lose $15, giving you a $10 profit. If the 4/10 roll, you win $27 and lose $25, which still puts you $2 ahead.
Of course, the main disadvantage to all of these don't bets is that you're vulnerable to the seven or eleven while you're in the don't-come box. You can protect this don't-come bet in a number of ways. The most common is by laying the four and/or ten and then removing them when the bet is placed. See my articles on don't betting for other methods of protecting your don't-come bet.
Some people do not like "grinding" as they say it is a boring method of playing and does not provide enough monetary reward. But it is a way to make a nice, consistent profit, as well as gather up a lot of good comps, which could even be worth more than your winnings! Give it a try the next time you play!
Pssst...! Now you know the secrets of grinding out a profit!
© 2005 by Larry Edell
Larry Edell is the editor of The Crapshooter Newsletter, the only newsletter devoted exclusively to craps. You can get a FREE sample issue by sending two first class stamps to The Crapshooter, Dept EZA, PO Box 421440, San Diego CA 92142, or you can subscribe at http://www.TheCrapShooter.com
David Ralston 'open' to debate on casino gambling, but won't endorse it - Atlanta Journal Constitution (blog)
Texas Holdem Poker - Today
The Texas Holdem poker phenomenon has taken the country by storm. There are reportedly over 100 million active poker players worldwide.
Insider Tips For Finding A Great Online Poker Room
Even though they look pretty much the same and they're all selling essentially the same few games, all Online Poker Rooms are NOT created equal! The differences can go far beyond the look and feel of the software. After you've played at several different rooms, you'll start to see the tell-tale signs of a quality room as opposed to the "back alley" type.
You Can Make Poker Less Painful (or--A Pain in the Arse can be Removed ...without Surgery)
As you will read in this article, the removal of a pain in the arse, from the poker table, can be accomplished without going under the knife, if you are diligent and persistent.At the 2005 WSOP, there were couple of players who acted objectionably and (See our 2005 WSOP Views) they received penalties due to this objectionable behavior.
Hitting the Jackpot with Progressive Slot Machines
Going For the Million plus PaybackProgressive slot machines offer jackpots that are larger than flat top machines. In some cases, these jackpots are huge and the payback can change a player's life.
Virtual Casino Games
Looking to find out what kind of games can be found at a virtual casino? Look no further because here we give you an overview of virtual casino games as most commonly played on the internet today.There is an endless list of games available, and we'll take you through some of the more popular and common games played by virtual gamblers.
Online Casinos Give You The Gambling Without the Travel Costs
Although the majority of gamblers would appreciate a trip to Vegas, we don't all have the time or money in which to do it. However, that doesn't mean that we can't have the same fun as those who have hopped on the next flight.
Online Casino Black Jack
Online casino black jack is said to have originated in France in the early 1700's and has since spread across the world. With the emergence of the internet, virtual blackjack has become one of the most popular casino games played online.
Short Hand Texas Holdem Poker
Short Hand Texas Poker refers poker games that have less than 4 or 5 players at the table. Being a good short hand player is vital if you're interested in either moving up to higher level games or playing in poker tournaments where the rewards are much higher.
Four Tips for Online Poker - Tells, Mixing it Up, Preflop Rasies and Changing Gears
Tip One: Mix Up Your Play: Once you have mastered the fundamentals of a particular game (for the purpose of this article we'll use No Limit Texas Hold'em) it's very easy to lapse into predictable play. This is particularly true when playing online.
John Ascuaga's Nugget Casino Reviewed by Thehooks
The Club Cal Neva sports book is located on the bottom floor of the Nugget Casino. Down stairs there is a nice bar, bingo parlor, horse bet racing section, a deli, and many big screens to watch the games.
Online Poker Tournaments -- Time to get aboard
Online poker tournaments are skyrocketing in popularity due to reasons ranging from low buyins into major tournaments for a fraction of their usual cost to those who do not live within driving distance of a land based poker room. (And of course another factor is the money that can be won.
Freeroll Poker Tournaments - The Greatest Deal Of All!
Freeroll poker tournaments are daily events that happen on a lot of the best online poker websites. Freerolls are much loved by the poker playing community as they offer the poker players the chance to win some real money without losing any.
Megabucks Slot Machine
"Deposit, click, pull, spin, bells, lights, wait, patience, one, two, three?repeat? again?"The humming song of the one-arm bandit - the slot machine. How far gambling has come (and not!) Some things have changed dramatically with on-line gambling and even virtual slot machines, now almost as comfortable, accessible and acceptable as watching television, flooding search engines and alive and well through pop-ups and other electronic marketing media - other gambling icons have stayed hauntingly the same, or at least so it appears, including the presence of slot machines on the traditional gambling scene.
Lotto System: Interview With The Creator Of Lotto System That ROCK The Market!!!
Lotto System: How you can win lotto easily and automaticallyIn this article, we will discuss on "A personal interview with theHonest Lotto System's creator, Ken Silver."Q: Hi Ken, thanks for joining us in this interview.
Has the Party Poker Fish Pool Dried Up?
Party Poker has long been known as the place to go to catch unsuspecting poker "fish". What are fish? Well they are the players who are just starting to learn to play poker or who have been around for a while but just aren't very good.
Maximizing Your Blackjack Earnings Without Counting Cards
Blackjack has some of the best odds in the casino. The house's advantage is about ½ of 1%.
The History of Poker Chips
Gaming chips have been made from a wide range of materials in an almost infinite variety of styles since the birth of gambling and the need to keep track of winnings. The most common material types used today in the manufacture of modern poker chips are plastic, clay composite, and acrylic composite.
The New Face of Poker - Internet Poker
There are several online poker rooms that offer Poker games against real people for real money. Millions of people from all over the globe play Poker on the web.
Asian Handicaps Explained
The most common way to bet on football in the UK is with 3 way betting (sometimes called 1X2). The three options are home win, draw and away win.
Horse Racing Betting, The Risk Free Way
You may or may not of heard of all this talk about been a change to horse racing betting where you can bet on horse races risk free.Yes that's right, Risk Free!Now this isn't some bogus system that gives you one horse that is guaranteed to win, it isn't even like normal gambling.
Section Site Map - Submit News - Feedback - Comments - Advertise with Us
Copyright © 2006 Luminati Inc. All rights reserved.