"The mathematical probability of something happening is its true odds. Casinos maintain their advantage by paying players less than the true odds of their wins."

"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."

"The most confusing type of slot machine are the 'Buy-a-Pay' machines. On these, the payout for wins is based on how much you bet, where playing anything other than max coins doesn't make sense."

"One of the reasons casinos use chips on the tables is that they seem less like money and more like toys. But remember, they are worth exactly the same as real cash, and should be treated accordingly."

"Make sure you know what the betting limits are before you sit down at a blackjack table. Each table has a small placard telling you the minimum and maximum bets for that table."