February 19, 2007

But What If You Win?

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We all dream of hitting it big in the casino or lottery, but what happens if we actually do? Would we be prepared for the tidal wave of decisions and risks that would accompany a big payout? A little site by Bob Sanford, Certified Financial Planner has some excellent hints for the would-be-winner.

Take a peek:


RULE 1:
Be Prudent.

A $1 million jackpot is not a $1 million prize: You're a thousandaire -- not a millionaire.

Many people are surprised to learn that lottery jackpots are paid over 20 to 25 years and the IRS withholds 28 percent federal income tax from each check. You've won! If, for example, you win $1 million, most states pay you $50,000 a year for 20 years less 28 percent federal withholding tax, leaving you with $36,000 a year. You may also have to pay additional income taxes when you file your retum, depending on your overall financial situation. The problem is that the $36,000 you receive today will only buy an $11,225 lifestyle 20 years from now, when the checks stop. There are no cost-of-living increase provisions for lottery payouts.

A better option for many is to take one lump-sum payment -- if you can get it. Only Arizona, Colorado, Ohio, and Oregon currently offer lump-sum options to new winners, and none to former winners. How much do they pay out? Forty to 50 percent of the jackpot amount. Still, over half of the eligible winners opt for the lump sum -- as well they should.

If you average a 10% return on investment, you can double your money every 7.2 years. In consecutive sets of seven years, $1 becomes $2, $2 becomes $4, and $4 becomes $8. At about the same time that the serial lottery payments would stop forever, you have increased your lump sum by a factor of 8 ($1 becomes $8). By taking a net lump sum today of $300,000 ($500,000 less 40% in taxes) and investing wisely instead of taking the $1 million jackpot in 20 payments (at $50,000 a year), you can have $2.4 million in the bank after 20 years and live off the interest forever. The wisdom of accelerating jackpot payouts is so compelling that our investment group has already helped over 44 lottery winners trade-in all or a portion of their lottery payments for cash-in-hand.


Those are some wise words, and there are plenty more to be had at Bob's little corner of the web.

Russell Miner at Permalink | Comments (0) | social bookmarking

February 14, 2007

Love Dice

For the craps lover, who's also your lover, here's a Valentine's Day gift that will keep them from being upset when they lose a roll.

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Leave it to us to bring gambling into a night of romance, these Love Dice are a fun little game you can bring with you anywhere. Extra points if you can play a round while in the elevator at your favorite casino!

From all of us here at Casino Snob, enjoy the company of your loved ones, and have a lovely Valentine's Day!

Russell Miner at Permalink | Comments (0) | social bookmarking

December 8, 2006

Easy Gift: Chip Tricks and Card Stunts

Chip Tricks

Boy have we got something special for you today! For that poker fan in your life that has EVERYTHING, here's something they will LOVE. Its a DVD of chip tricks that you can learn yourself, all explained and performed by Rich Ferguson.
Here's the Blurb:

"This DVD is packed with 20 of the hottest stunts and tricks you have seen on television or at a poker game - all explained in detail by Rich! You'll see tricks like Chip Shuffling, Pull Over, Sweep and more!! Also included are bonus tricks never been revealed to the public until now!"

Ok.. maybe it sounds a little over the top, but c'mon, how could it NOT rule!

And while you're at it, you can pick up the Card Stunts trainer too!

Card Stunts

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November 21, 2006

Easy Gift: Chip Set

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There are plenty of gifts out there for the poker player in your life. We'll be attempting to bring you a selection during the holidays that provide you with some ideas while you search around. Remember that we also have our Holiday Buying Guide that you can check out for more ideas.

First up, we have this nice little chip set. Its got a wide array of accessories, and the chips themselves are the composites we've seen all over at 11.5g. They feel good in the hand, and they plunk nicely on your felt top. What sets this nice little set apart are all the extras thrown in there. You have a dealer button, missed blind chits, and even a reserved chit. We've never seen a home game that needs a reserved chit, but hey, if you're holding a tourney, you could deffinitely see some use with it. New, you're looking at At $179, but if you can snag the used ones at just under $40, this could be quite the steal.

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November 11, 2006

Casino Snob Holiday Buying Guide

The holidays are fast approaching, and that means is a chance for us to bring the world of Casinos into a loved one's life! We've got a handle on the holidays and some great ideas for gifts you can get even the most difficult to buy for on your list. So grab that holiday list, and prepare to shop till you drop as we present to you the Casino Snob Holiday Buying Guide!

Theres one thing a casino snob loves, and thats playing anytime, anywhere. Check out these home-casino items that would look great jammed in an oversize stocking, or wrapped up for giving!

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We begin with a selection of Felt Tops. These are sure to warm the heart of any home gamer. And if you're a regular reader of the site, you may even be able to win a few from the house when they host their first game. And what could be nicer in the holidays than taking it from the house.
Here we have a Caribbean Stud Poker felt top. The opposite side also has a Texas Hold'Em trainer, though we've never had use for that side.

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For those who prefer the Blackjack world, we can reccommend this Black Jack Felt Top. Its got all you need to hit or stay from the comfort of your parlor. Does anyone even have a parlor anymore?

Baccarat At Home!
As we've discussed before, Baccarat is so easy, even a drunken monkey can play it. And the best part is, folks think its sophisticated, so help them look like the coolest gamers around, and get them this Baccarat Mat.


Craps Layout
And of course, what home casino would be complete without a sweet craps setup. You're loved one can shoot the bones all night, and if you're extra nice, you can play the stick person.

So, you get the felt tops all right, but what about the other accessories they'll need? No problem. Here is a set of essentials that every home gamer will want.


Kem
First and foremost, any card game will need cards. And the best cards around are Kem cards. A solid set of Kem Cards will last you for a very very long time. They are more expensive than regular cards, and thats because of the quality of them. We've raved about these cards before, and we stick by 'em.


blackjackShoe
Now that you have picked up the cards, you may want to also pick up an 6 deck shoe. This will help you deal those cards in the slickest way possible. Its ideal for blackjack dealing, but its also handy for any card-dealing game your loved one may want to play. The kids even like to play go fish with it.

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That may take care of the card players, but what about those craps accessories? Not to worry!
First off, we have the dice themselves. Now sure, any dice will do in a craps game. But if you want to let your casino snob show their casino style, then you have no choice but to get some profesional craps dice. You can grab a small set of five, or if you have a whole army of snobs (or one really forgetful one), you can pony up and get the brick of 400!

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And now that you have all those dice, you'l want to get your snob the wooden bowl to hold them in! This bowl looks attractive on the table, and helps keep the spare dice separate from the dice that are in play.


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Finally for that craps lovin' casino snob, the best of all craps accessories, the stick. They can run around and beat things like its a riding crop, or they can just handle the dice like a pro, and keep their home game cooking into the wee hours. And because size DOES matter (the size of the table silly!) you can choose from a selection of sticks including 24, 30, 36, 42, and 48. For the record, we reccommend the 42, but only because its the answer to life, the universe and everything.

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But what if your snob's thing is slots? No worries! You can start with a sweet selection of slot machines. They range in price, and style. Included in this group are the Welcome to Las Vegas Skill Stop SLOT Machine, the Fru Full Skill Stop SLOT Machine, and the God Game Skill Stop SLOT Machine. You can even get a personalized version of the Welcome to Las Vegas model! Throw in a pack of tokens for your skill slot machine, and your slot lovin snob is as happy as a pig in mud!


Video Poker Machine
If they are someone you REALLY like. And if they do have just everything, then why not give them the real deal. This is a multi game video poker and slot machine. Just imagine your snob and their pals huddled around this baby cheering on as the bings abd boops whail on. Hmm.. Now that we think about it.You may want to get a set of earmuffs while you're at it, so you can sleep at night.


If you still need more ideas, why not check out the following articles. They have some books that may interest your casino snob, and help them improve their game when they head to the casino for fun.

All About Blackjack
All About Baccarat
All About Craps
How to Win at Hold'Em
Discoveries in Blackjack


We hope we've set you on the right track for your holiday gift giving extravaganza. If you are looking for other gift ideas, you can always browse the rest of the blogpire, listen to our podcast, and see what other ideas spring to mind!

Russell Miner at Permalink | Comments (0) | social bookmarking

November 8, 2006

Our Favorite Free Online Casino Gaming

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Are you bored right now?

If so, then why not do what we do... play casino games! But you can't get to a casino just now? No Problem! We have found a site that has very fun and very well done casino games, all for fun! This casino has a fun play area that has some of the best gaming we've seen online.

Click the link below. Choose "Fun Play". Sign in as a guest (or register), and you can play:

Slingo
Baccarat
Blackjack
Craps
Hi-Lo
Pai Gow Poker
Red Dog
Roulette
Slots
Video Poker
Texas Hold 'Em
A series of "Quick Play" games
and Puzzles!

WOW! What more can you need to pas your time!

Now.. if you need us, we'll be rollin' the bones and prayin' for hard ways!

Santa Ana Star Casino Fun Play

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November 7, 2006

October Wrap Up

Lean back in your easy chair and buckle that safety belt. Its time for the Casino Snob October Wrap up!

Blogpire News
We had more podcasts this past month. If you havent heard them yet, you can listen to yours truly, and Jay Brewer wax rhapsodic about all the blogpire has to offer.

Blogpire Podcast - Liquor Snob - All The News that's Fit to Drink 10.24.06

BlogPire Podcast - Autumnal Festival Episode - Fun Fall Products 10.09.06


Casino Snob Book Club
We kicked off a new category with a look at the perennial casino book: Bringing Down The House. Its a fine read, and you should deffinitely check it out.


Casino Style
There were a couple of Casino Cocktail Fridays. We sipped on a Tequila with Let it Ride and we had a frothy cold one while we played the slots.

We had some smart advice from Jack Colton to never wear sunglasses in those night clubs.

And finally in style, we took a great look at Old Blue Eyes himself, Frank Sinatra, and took an overview of the best of the Vegas Music CDs of that classic crooner.


Casinos
The Battle of Connecticut began, with our look at the two big casinos in CT, Foxwoods and Mohegan Sun. The battle still rages on, and we're excited to see round 2, but for now you can check out the Tale of the Tape.

We found out about the Casino And Gaming Fund and how you can bet on the house.

And finally we learned a little about Kevin Costner's Casino Adventures, and why Nevada may be getting a little more smoke free.


Entertainment
THe big news was of course our look at all the stuff going on for Halloween in Vegas. We are thinking that next year we will have to schedule a trip there for just the week of Halloween, as nowhere else can we slide on our Marilyn Manson costume and potentially win twenty thousand dollars.


News

Playboy made a big swing early in the month by opening up its new playboy club at the Palms.

We also covered a funny and crazy bank heist that looked like Ocean's Eleven.

But all that sex, crime, and rock and roll could not outshine the big bomb of October, the online gambling ban within the US. We are still dealing with the reprocussions, which have included places freezing accounts, buyouts, and mergers galore.

Yes, it was a wild October, and we're excited to see what happens next as we head into the Holidays.

Russell Miner at Permalink | Comments (0) | social bookmarking

October 27, 2006

Strictly Slots: Controlling your Cash

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We were browsing the net recently trying to find more interesting nuggets to bring to you all, when we found a magazine called Strictly Slots. Its a player magazine made for those gamers who are into slots more than other kinds of gaming. If you are the magazine type, we encourage you to pick up a subscription. If however, its the web you crave, then happily they have their archives online, so you can read some of their articles.

One we came across was from the May '06 issue called "Controlling Your Cash Chill Out, It’s Only A Game
Casino visit should be a relaxing experience by Bill Burton
". The title is a mouthful, but the article good stuff, and it outlines a few ways that you can learn to keep an eye on your money and not blow it all in your first ten minutes at the slots. We really felt that the article was in synch with our own take on slot gaming. Namely that its a form of enjoyment, and you should never rush a thing like that.

Here's a snip:

Don’t play more than one machine at a time: Playing more than one machine just exposes you more to the house edge. In the long run you will just lose your money faster. Playing two machines involves standing or leaning out of your chair to reach over to the adjacent machine. Like the lady caught up in the slot frenzy, this is not very relaxing. Sit down in the chair in front of your machine and relax.

Head on over to the Stricly Slots archive,
and read the whole thing for more tips on how to take it easy at the slots. And while you're there, you can fix yourself a Beer and enjoy the article as much as the slots!

Russell Miner at Permalink | Comments (0) | social bookmarking

October 21, 2006

All About Caribbean Stud Poker

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Its that time again folks! Time for another "All About" entry. This time we are taking a look at one of the most fun ways to pass time in the casino, Caribbean Stud Poker. This game is based on simple stud poker, but it has a nice tempo to it, that same relaxed tempo you find in the Caribbean.

If you enjoy that relaxed and pleasant lifestyle, that easy-going pace, or if you just like learning about a new table game, stop on in and learn All About Caribbean Stud Poker.

ArrowContinue reading: "All About Caribbean Stud Poker"

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October 19, 2006

World Tavern Poker

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So lets say your into the whole poker scene, and you want to try your hand at playing in a big tournament, but you can't seem to get yourself to a venue where gambling is legal. No Problem. We have come across the perfect solution for you, World Tavern Poker. Its all the fun, excitement, and competition of poker, but in your local Tavern, and without that pesky gambling.

The World Tavern Poker Tour is a Nationwide Poker League where you will be competing during the season in Tournament Style Poker Events at your local tavern. The top 20 players in each tournament receive points, and are ranked at the Tavern, Regional and National Levels.

At the end of the season, the top players at each tavern qualify for the Tavern Championship, and the top players from each Tavern Championship qualify for the City (area) Championship.

Read on to find out more about this amazing new craze in bar-room entertainment!

ArrowContinue reading: "World Tavern Poker"

Russell Miner at Permalink | Comments (0) | social bookmarking

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