| March
2008 |
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American Casino Guide
Newsletter
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Greetings!
Tax is season is here and for
this month's podcast I interview Jean Scott whose
book "Tax Help For Gamblers" tackles a variety of
tax issues for gamblers.
We also have the final
details on our upcoming "Meet & Greet" event in
Las Vegas on March 9. It should be a lot of fun and we
look forward to meeting you there.
Our "Casino Profile"
feature takes a look at the Palace
Station Hotel and Casino in Las Vegas, which will
be the site of our "Meet & Greet" event, plus we
have two new gambling articles.
The first, by slot expert,
John Robison, gives advice for when you should play
maximum coins on slots. The other article, by
about.com's gaming writer, Bill Burton, discusses how a
gambler's "emotional bankroll" should be used
to determine a player's betting limits.
Don't forget that as a subscriber to our
newsletter you are eligible to enter a private poker
tournament each month with over $1,200 in prize money.
It's absolutely FREE with no money required to enter.
Look in the column on the left side for more
info.
And finally, be sure to vote for your
favorite casinos for your chance to win one of 10
autographed copies of next year's American Casino Guide.
Details are below.
We hope you enjoy these
articles and we thank you for your interest in the
American Casino Guide!
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| March Podcast - Gambling and
Taxes with Jean Scott.
The American Casino Guide has a new podcast show
each month. Hosted by American Casino Guide author,
Steve Bourie, each podcast runs about 20 minutes and
features Steve interviewing a knowledgeable guest from
the world of casino gambling.
For this month's show Steve interviews Jean
Scott, author of Tax Help for Gamblers, about the tax
implications for gamblers.
They discuss what ID is needed to claim winnings;
which forms you receive from the casinos, how to keep a
gambling diary; how to declare wins and losses on your
tax forms; state tax liabilities; and
more.
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Our First "Meet
& Greet" in Las Vegas
is scheduled for 1 p.m. on Sunday
March 9th at
Palace Station
in the Sound
Trax Lounge
Meet "American
Casino Guide" author, Steve Bourie; "Vegas Values"
writer, Scot Krause; "Frugal Gambler" author, Jean
Scott; and "Blackjack Take the Money and Run" author,
Henry Tamburin.
Last minute addition: Mystery book
writer Donna Foley Mabry will also be attending to
meet fans of her Las Vegas-based mystery book
series
We will be there
from 1 p.m. until 2:30 to
meet
you and we will
also be hosting a 30-to-45 minute question and answer
session.
Drawings
for Door Prizes!
FREE Coupon Specials!
FREE
Giveaways!
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Vote For Your Favorite
Casino!
2008 America's Favorite Casino
Awards
It's time for our annual casino
awards poll and we want to know your favorite casinos in
the U.S.!
Please take a moment to fill out
our survey and you
will be entered into a drawing to
receive a FREE autographed copy of the 2009 edition of
the American Casino Guide. 10 winners will be chosen and
announced in the May newsletter.
You can only take this survey one time
and it's not necessary to answer all questions. The
last day to enter is April 30, 2008. Good
luck!
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The Truth About
Playing Full-Coin
on Slot
Machines
By John Robison
Almost every casino has
its own gaming guide, and every casino gaming guide I've
ever read recommends playing full coin at all times on
all slot machines. Many slot books make this same
recommendation.
The reason the books and
guides give for always playing full coin is that you get
the maximum long-term payback possible from a machine
only when you play full coin. This statement is true for
some machines. For others, it isn't. Moreover
concentrating only on long-term payback completely
ignores the fact that you are putting more money at risk
when you play full coin than when you play short coin.
Is the extra risk always balanced out by the increase in
payback?
Are you really better off
playing full coin at all times on all machines? I
analyzed the programming on over 1,000 slot machines to
formulate Robison's Rules for Playing Full Coin, which
follow.
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Determine Your Emotional
Bankroll
by Bill
Burton
Your gambling
"Bankroll" is the money that you set aside for playing
when you visit the casino. Players who visit the casino
only for entertainment usually have a bankroll
consisting of the money they have on hand to take to the
casino with them. A player planning on spending a few
days at the casino during vacation may save up a little
each week to form a bankroll that will last them for a
few days. These are temporary bankrolls.
Serious players maintain their
gambling bankroll in a separate fund or bank account
that is used for nothing except playing their game of
choice. Any winnings go back into the fund and losses
are taken out it. They never use any other funds for
gambling purposes or use their gambling funds for any
other expenses. One player I know refers to his gambling
bankroll as his 401-G.
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Casino Profile
Palace Station
Hotel & Casino
Las Vegas,
Nevada
In this month's casino profile we
take a look at the Palace Station Hotel &
Casino in Las Vegas.
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| Want to
read past editions of the American Casino Guide's
monthly newsletter?
Visit the archive page on our web site
to read past editions of our monthly
newsletter.
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See you next month!
Sincerely,
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Steve Bourie
American
Casino Guide |
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