Tag: Las Vegas (Page 3 of 4)

No Need to Reinvent the Wheel with Blackjack

One of the great dynamics regarding online blackjack is that many of the newer players to the game get caught up in its speed and begin to make bets with strategies that simply defy the laws of mathematics. Many new players get cleaned out fast with blackjack and it is important to remember that blackjack, whether it be online or in person at a Las Vegas Strip casino, has the same odds and mathematical physics that will never change. The fact that playing blackjack online is a much faster pace makes respecting the odds and math even more critical in importance.

For the smart player, blackjack is an open invitation to the best and fairest odds that can be found in a casino. In fact many players admit that if the casino businesses were starting from scratch today, blackjack would not be offered because sharp players can whittle the odds down to near virtually even with the house, taking away almost all of the edge.

Where casinos make money on blackjack is with the ignorant, the sloppy, and the players that play with wild intuition rather than with respect for the odds and math. To make matters even better for the casinos and worse for such players, these action addicts that seem to be ramped up on an overdose of caffeine, go wild and binge on blackjack by playing multiple hands at the same time. So not only do you have a virtually insane group of action addicts that are playing multiple hands and multiple tables, you have a group of wild players that are not playing smart. And the casinos know there are far more of these types of players than the smart ones, thus their willingness to offer up blackjack despite the fair odds.

For the smart player, online blackjack remains a game of “three yards and a cloud of dust.” It is a basic game that should be played with a basic strategy rather than with grand designs that do not overcome the math of the game. Superstitions, feelings, and intuition have no place at the blackjack table. Solid math, great money management skills, and respect for the game and odds are what will make for the most successful blackjack players.

There has never been a better time to get involved in online blackjack as sign up and play bonuses are higher than ever and the games themselves have never had more appeal.

Real estate opportunities in Las Vegas for high rollers

High rollers who visit Las Vegas have it pretty good at the casinos. They get huge suites and tons of comps, and casino hosts cater to their every need. For that reason, it would be crazy for most high rollers to consider buying real estate in Las Vegas.

That said, the carnage in the Las Vegas real estate market is now starting to hit expensive homes as well.

In Las Vegas, which has the highest foreclosure rate among large U.S. cities, the wave of defaults that began with subprime borrowers and the unemployed has spread to upscale homeowners who see no point in staying, even if they can afford to. “You feel like a sucker if you’re paying a $5 million mortgage on a house that’s worth $2 million,” says broker Zar Zanganeh.

In the first quarter, 30 homes in Clark County, which encompasses the Las Vegas Strip and surrounding residential areas, with mortgages exceeding $1 million were repossessed by banks or bought by third parties in foreclosure sales. That’s up from 20 homes a year earlier, according to ForeclosureRadar, a company that tracks defaults. Short sales, in which the bank agrees to accept less than the loan balance, and bank-owned properties accounted for about three-quarters of all home sales in the period, according to the Greater Las Vegas Association of Realtors.

For some high rollers, having huge home in Vegas can have additional perks. You can stay in the city for a long time and get away from the casinos when you need a break. You can also have a spot for some serious parties with all the sugar babies you meet in the casinos! So if you have the resources, it might be time to take advantage of the incredible deals in Las Vegas and pick up a party house.

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