Effective Bankroll Management for Slot Players
There are many myths and misconceptions about holding a casino party. This article will address seven of the most common ones.
Myth # 1 – Casino Parties are Illegal
While gambling is not legal in most states, casino parties are legal in every state, although some may have restrictions if the purpose is for fund raising. Gambling consists of an exchange of real money for chips or other considerations. Casino fun parties utilize play money and chips given to participants without an equal exchange. Therefore it’s not really gambling, because you’re not really losing any money.
Myth # 2 – Casino Parties are Expensive
Compared to other forms of live entertainment, a casino party is a bargain. Even movie tickets can run more than $10 each. Concert tickets are often over a hundred bucks each, not including the outrageous 20% “Convenience Charge” that Ticketmaster imposes on each ticket. Broadway plays or shows in Las Vegas are often exorbitant as well. Most casino parties typically cost twenty to thirty dollars a person. Pretty reasonable, if you ask me.
Myth # 3 – Casino Parties are Difficult to Manage and Organize
Nothing could be further from the truth. Most times the casino rental company will provide a Pit Boss who will run your event, manage the casino dealers, and facilitate prize giveaways. The casino company needs three things for you to provide:
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Myth # 4 – It’s Challenging to Find an Ideal Location
Finding a good location for your casino party will help to ensure your success. But it doesn’t have to be elegant or expensive. We’ve managed casino theme parties inside and outside, in garages, warehouses, hotels, empty office buildings, private homes, clubhouses, veteran’s halls, basements, community centers, and even under a pole barn in the middle of a farmer’s cow pasture. Location doesn’t seem to matter for the people attending the event.
Myth # 5 – I Don’t Have Enough Guests for a Casino Party
Yes, we’ve done quite a number of casino events for over a thousand attendees, but we’ve also done a lot for just 20 attendees. You’re able to adjust the number of tables needed to the amount of attendees expected. It’s not unusual for small casino nights to have just two or three tables.
Myth # 6 – We Don’t Know How to Play the Casino Games
Most casino fun party dealers will explain how to play the game. Some might even teach a simple system for betting. Casino parties always have attendees that have never been in a casino or have gambled. The only thing the casino dealer can’t guarantee is that you’ll win when you go to a real casino.
Myth # 7 – Casino Parties are Not Good Fund Raisers
Casino Party Fundraisers are actually one of the most profitable fund raisers available. In a three hour event, your group can literally make thousands of dollars, even the first time. Casino Fund Raisers often have multiple avenues of income.