Gambling 101 – How to Avoid Going Broke at the Casino


After the success of Goodfellas, Martin Scorsese decided to try his hand at another mafia movie based on nonfiction. Casino, his eighth collaboration with star Robert De Niro, based on the book by Nicholas Pileggi. The film was a massive gamble, but it paid off: the film grossed over $100 million and became a cultural touchstone for a generation of viewers.

A casino is a place where gambling is the primary activity. While musical shows, lighted fountains and lavish hotels may help draw people in, casinos would not exist without games of chance: Slot machines, blackjack, roulette and other table games provide the billions in profits that U.S. casinos rake in every year.

Casinos make their money by encouraging people to gamble longer and more often. They do this by creating an experience that is fun and enjoyable, even if people lose their money. Guests are rewarded with free drinks, meals and hotel rooms in exchange for their loyalty and spending habits. The more a person gambles, the more likely they are to win big.

Casinos are a great place to have fun and meet new friends, but it is important to know how much you can afford to spend. The best way to avoid going broke is by deciding before you enter the casino how much money you can afford to lose and only betting what you are comfortable with losing. It is also helpful to know when to stop and set limits on how long you play.