"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."

"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."

"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."

"The minimum bet at a roulette table is per bet, not per player. Therefore, if the table minimum is $10, every bet made must be $10 or more. Combined bets don't count towards the minimum."

"The simplest, yet worst way to leave a casino is when you've lost all your money. It's hard to walk away when you are up, but the best gamblers learn how to maintain discipline and keep their winnings."