• "Turing a card over 10 times will statistically result in 5 reds and 5 blacks. If you bet $1 each time with this house edge, you would win $4.50 but lose $5. In the long run, you expect to lose $0.50, or 5% of your money."

  • "The minimum table limit at a roulette table is the same whether you make inside or outside bets. On the other hand, because you can win more, inside bets often have a lower maximum limit."

  • "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."

  • "When you enter a casino without a plan, you've already lost. Winning players know beforehand what games they are going to play, what stakes they will play, and how much they are willing to lose."

  • "Only gamble with money you can afford to lose. Casino games are designed so that the house usually wins. It's best to think of gambling as fun and any losses as the price of that fun."