"If you turn over a playing card, the chance it will be red is 0.5, or 50%. If the casino was fair, it would pay you $1 for a $1 bet. But if a casino pays you $0.90 instead, it has a 5% edge."

"Never take a cash advance from your credit card in a casino. The fees charged by the casino are outrageous, and don't include the additional fee that your credit card company will charge you."

"Betting on the banker in baccarat has a mere 1.06% casino edge, but the casino charges a 5% commission on it. The casino has a 1.26% edge on player bets and a huge 14.36% edge on tie bets."

"It's far too common for players who win to keep playing, reasoning that they are playing with the house's money. But it's not the house's money, it's yours. Always remember that."

"Casinos typically put their wheel of fortune tables right at the entrance to the casino, hoping that suckers will plop some money down as soon as they walk in. You should just keep on walking."