Casino Gambling For The Winner - Lyle Stuart (Long)...
This is my favorite non-advantage gambling book. The guy was a very good writer and knew many celebrities. One of the best tidbits is how he had run into Sidney Poitier at Caesar's one night and Poitier told him he had given up gambling. He was seated at a blackjack table (not gambling) with Diana Ross who was currently headlining the show there, but when he saw Lyle Stuart he jumped up and greeted him enthusiastically. He explained that he gave it up when he realized a "gambler is just spitting on his family when he gives money to the casino" etc.,(there is much more in the book).
Anyway, I still like Stuart's "nine commandments of gambling" at the very end of the book. I believe most of this advice still applies to the advantage player of poker and/or blackjack.
1. Never gamble when you are tired or unhappy.
2. Never gamble for more money than you can comfortably afford to lose.
3. Never forget that the longer you stay at any casino table, the larger the odds are that you will walk a loser (today, for different reasons than Stuart believes... Think barring, trespassing with BJ, or poker regulars ganging up on you, implicit collusion, etc.)
4. Never begin to play unless you know at exactly what loss point and/or win point you will quit.
5. Always place at least 3/4 of your winnings in a casino or hotel-provided safe deposit box. Refuse to gamble if you lose the remaining 25%. (Disagree, just an elaborate stop-loss, but I guess it helped him).
6. If you feel "negative" stop. Do other things until your mood changes. Depressed gamblers rarely win. And the tables are always there for when your attitude changes.
7. Avoid playing when you feel insecure or lonely or don't have a clear sense of discipline about a plan of action and a schedule of goals.
8. When on a losing streak, don't try to recoup by increasing the size of your wagers. On the contrary, cut them...(more of this in the book)
9. Always keep in mind that the real struggle isn't between you and the casino. IT'S BETWEEN YOU AND YOURSELF (my caps).
Sorry about this being so long-winded, but I think his psychology is strong.
Pokie