Caesars Palace is an iconic Las Vegas casino, and it's known for its upscale atmosphere. This is a place with plenty of high limit games, so come prepared to spend some money. Poker players can enjoy a 16-table poker room that offers a daily tournament schedule. A race and sports book give players a vast array of games to watch and bet on, plus private booths with their own individual screens. You can also try out the newest in skill-based games with games like Cannonbeard's Treasure, a combination of cards, skill and naval warfare. Numerous restaurants, an A-list of entertainers and an upscale shopping mall are also on the grounds of the hotel, in case you decide to give Lady Luck a break for a while.

The casino was owned by whites and intended to compete with whites-only resorts what was the first casino in vegas on the Strip and downtown. Tommy Hull’s success brought many other business men to Las Vegas and many hotel casinos were built The oldest casino in Las Vegas, still open and operational, is the Golden Gate casino, downtown on Fremont St. Facebook page opens in new window. These machines are programmed to take money from you. If you really want to win (or at least try to win), play the games where casino has less advantage such as Blackjack (house edge is 1.5%) or Craps (house edge is 1.41%). Avoid Keno (house edge is 14%), Slots (house edge is 7-14% ), double zero roulette (house edge is 5.6%).

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Recommended for Casinos because: With a wide array of games, a race, sportsbook and their own sports betting app, Caesars gives players plenty of ways to win.

Terrisa's expert tip: New games from Gamblit Gaming offer interactive gaming, including a new take on poker. The two to four-person game starts with two cards and when the rest of the deck is shown, players have to grab the cards they need for a good hand.

The El Cortez in Downtown Las Vegas has been around for decades, long before mega-sized casinos and ATM machines. The property's history includes Ben 'Bugsy' Siegel, who was once a partial owner. Today the vintage casino attracts patrons who want a taste of Old Vegas. Gamblers will find a large selection of low-limits games, a casual atmosphere, and a large supply of colorful customers who keep the vibe authentic. Perhaps most notably, gamblers can also find single and double deck blackjack. Las Vegas got its start Downtown, thanks to places like the El Cortez. Today, it's still a reason to make the trip to Fremont Street.

Recommended for Casinos because: The El Cortez hasn't lost its vintage Vegas ambiance, offering coin-operated machines and single and double deck blackjack.

Terrisa's expert tip: For players who find the newer coin-less gaming machines a little odd, the El Cortez offers over 200 original coin machines, including penny and nickel machines.

South Point's location on the far end of Las Vegas Boulevard means it's not actually a part of the Strip, which is a bonus for visitors. The casino is one of those with aspects that appeal to both residents and tourists, giving its guests the benefits of both lower prices and plenty of amenities. The casino offers a wealth of machine play, with over 2,390 slot and poker machines. The casino floor holds over 60 table games, including all the standards as well as some newer games like Progressive Fortune Pai-Gow Poker, No Commission Baccarat and Three Card Poker. A poker room, bingo room and a race and sports book round out the gaming options here.

Recommended for Casinos because: With a massive number of slot and poker machines, South Point's casino is a great choice for players who prefer machine play.

Terrisa's expert tip: The South Point's Arena and Equestrian Center hosts events throughout the year. Check the website for coming events that feature horses of all kinds and rodeo-style performances.

This beautiful resort on the far west side of the city is one of those Vegas casinos that attracts both locals and tourists. Boasting thousands of slot/video poker machines and table games including blackjack, baccarat, craps, poker and roulette, the casino at Red Rock Resort is sure to have everyone's favorite game; there's even a 610-seat bingo hall (with a non-smoking section) and a keno lounge. Non-smokers can also enjoy a game of poker in Red Rock Resort's smoke-free poker room. A private high-limit room is available for high rollers, a mobile app is available for wagering and there's a 206-seat race and sportsbook with a 96-foot video wall for sports fans to watch and bet on all the latest games.

Recommended for Casinos because: Red Rock's casino has a solid variety of games available, including a few not commonly found at Strip casinos like bingo and keno.

Terrisa's expert tip: In addition to a casino, Red Rock also offers guests plenty of non-gaming activities, like bowling and movie theaters. Downtown Summerlin, with its shops, restaurants and attractions, is also nearby.

The Palms recently underwent a renovation and is proudly reclaiming its reputation as a hip and trendy hang-out. With a location just off the Strip, the casino enjoys a clientele that includes locals as well as visitors. For Vegas casinos, a strong local presence is thought to give the players slightly better odds (although it's worth noting that the house always has the advantage). The Palms claims to have the loosest slots in town, and with over 1,500 machines to choose from, you've got plenty of chances to find a winning one. A generously sized casino floor is filled with a variety of games like Baccarat, blackjack, poker, roulette, and craps. High-stakes games include no-limit Texas Hold'em.

Recommended for Casinos because: The Palms offers players a trendy atmosphere and plenty of places to play in its large casino.

Terrisa's expert tip: If you're looking for low limit games, casinos off the Strip like the Palms are a good bet. With a stronger locals presence, players will find more low-limits tables and many believe the odds are better for properties off the Strip.

Just as you'd expect from a classic Las Vegas casino, The Mirage has the full array of expected games: blackjack, baccarat, craps, roulette, a variety of poker and casino war. Guests can even enjoy non-smoking tables, once an unusual feature in Las Vegas but something more people are requesting. Slots range from a penny per play to $1,000. A full-service race and sports book will let you watch and wager on all the games, which are broadcast on huge 85' HD projection screens. The Mirage's poker room is consistently acknowledged as one of the preferred places to try your hand with Lady Luck, with Hold'em (limit and no-limit), Omaha and 7 card stud available. Buy-ins range from single digits to $1,000+. Tournaments happen throughout the day with buy-ins starting at $65.

Recommended for Casinos because: The Mirage casino offers a wide range of games appealing to both novice and experienced players, non-smoking tables and a mobile app.

Terrisa's expert tip: Along with other MGM properties, the Mirage offers mobile gaming apps. The sports betting app allows guess to place bets no matter where they are on the property.

The D in Downtown Las Vegas has been around for a while. Originally opened as the Sundance, later changed to Fitzgeralds, and now in its latest incarnation as The D, this long-time Fremont Street casino hotel is going stronger than ever. On the first floor, players will find a standard array of table games, slots and video gaming. On the second floor, the vibe is vintage with coin-operated machines. The D's Dancing Dealers® will spice up your game, and when you're in need of a break, LONGBAR offers over a thousand feet of counter, flair bartenders and video poker machines. On the second floor, Vue Bar gives you a great view of Fremont Street perfect for watching the Viva Vision light show.

Recommended for Casinos because: The D's assortment of modern and vintage games ensures players they'll find a table or video game that's just right for them.

Terrisa's expert tip: The D is home to the city's only remaining Sigma Derby machine, a mechanized horse racing game. Located on the second floor with the other vintage games, Sigma Derby continues to be a popular attraction at The D.

The sleek and sophisticated casino at ARIA features more than 150,000 square feet of gaming space, including 1,940 slot machines and 145 table games. Gamblers can test their luck at blackjack, craps, baccarat, roulette, Let it Ride, Pai Gow and Ultimate Texas Hold'em, among other games. A popular spot with poker players, the casino at ARIA has a luxurious 24-table poker room. ARIA also boasts an intimate (and non-smoking) race and sportsbook that can show up to 200 live events at once and displays big events on at least one of its 220-inch TVs, so bettors are never in danger of missing any of the action. You can also use your mobile device for sports betting from anywhere in the state of Nevada when you use the playMGM app offered at ARIA and other MGM properties. Just sign up, fund your account and start placing bets.

Recommended for Casinos because: ARIA is known for its popular poker room, but the casino is home to a wide range of games and a sportsbook.

Terrisa's expert tip: ARIA offers a high-limit slots room called SPIN, which has a separate cage, restrooms and dining area. Players who want to go big on slots will find plenty of options here.

The Golden Nugget has been around since the 1940s, and like a lot of Downtown hotels, it's kept an Old Vegas ambiance. The Golden Nugget is one of the larger, more upscale properties along Fremont Street, and so its casino isn't the cheapest in the area, but it is consistently high-energy. In addition to all the regular table games, you'll find slots, keno, a poker room and a race and sportsbook. A wide array of minimums should give every gambler a price point they can be pleased with. It's not unusual to see crowds around the hot tables on the floor, and it can get crowded at various points. It's a smaller sized casino in comparison to the mega-casinos on the Strip, but it's also easier to navigate and has a more down-to-earth feel.

Recommended for Casinos because: With a lively casino floor and an array of games, the Golden Nugget offers players a wide range of opportunities to test their luck.

Terrisa's expert tip: Sign up for a player's card to get the best value from your play. The Golden Nugget 24K Select card earns points that can be redeemed for free play, food and other purchases.

The Venetian's stunning architecture provides bettors with one of the more memorable gambling environments on the Vegas Strip. Combined with its sister property, The Palazzo, The Venetian offers hundreds of table games in separate areas covering a huge area. Gaming options include blackjack, baccarat, roulette, craps, Pai Gow poker and various novelty games. For guests who prefer playing the one-armed bandit, there are more than 1,000 slot machines to choose from at the Venetian alone. Even when the casino is busy, it's large enough that you never feel crowded. There's also poolside gaming available at The Palazzo, and the Venetian offers mobile gaming for race and sportsbook betting no matter where you are.

Recommended for Casinos because: The Venetian's strikingly designed, large casino is home to a long list of table games, slots and other games of chance.

Terrisa's expert tip: The Venetian's poker room holds two daily tournaments at 12:10 and 6:10 p.m. with buy-ins from $125 to $340. The casino also hosts other poker tournaments; check the website for details on the current offerings.

Learning how to win money in a Las Vegas casino isn’t the hardest thing in the world to do. People win money in Vegas casinos every day, in fact.

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But the odds are against you.

That’s why the casinos are still in business and make so much money. They’ve designed the games and payouts so that you can’t win in the long run. They even have a word for the mathematical disadvantage the games offer you—it’s called “the house edge.”

The good news is that the house edge is a long-term phenomenon. Anyone can win money gambling in the short term. In fact, if they couldn’t, the casinos would go out of business because no one would play there.

Some gamblers do a better job of winning money at Vegas casinos than others, though. This post looks at what they do differently so that you can do it, too.

1- Build a Gambling Bankroll

The first step to winning money in a Las Vegas casino is having a gambling bankroll. This is money that you’ve set aside for the purpose of gambling with. It should be money you don’t need for other purposes.

The reason you need a gambling bankroll is because you can’t win money without first risking money. That’s how gambling works. And if you don’t set aside money for this purpose, you’re liable to bet money you can’t afford to lose just to get into and/or stay in action.

How big a bankroll do you need?

If your goal is to stay in action forever at a negative expectation game, you need an infinitely large bankroll. Luckily, that’s not the goal for most thinking people.

You should base the size of your bankroll on your goals. Which games do you want to play? How much are you planning to bet at that game? How much time do you want to spend gambling?

If you want to play blackjack for $100/hand, you need more than $200 to get in any time at the table. Lose 2 bets in a row, and you’re out of action almost immediately. That’s no fun. Most people want to spend more than 5 minutes at the gambling table.

With a blackjack bankroll of $200, though, you might be able to play for an hour or 2 at the $5 tables.

Frank Scoblete offers interesting bankroll management advice for gamblers who play casino games. These are usually based on what it takes to make a quick win. Some of his money management techniques are misleading, as they don’t increase your probability of winning. But his bankroll management advice can help you avoid going broke before getting your fill of fun at the table.

Scoblete suggests having a bankroll of 1000 units for a casino visit, and dividing it up as follows:

• 800 units for blackjack
• 130 units for craps
• 10 units for roulette
• 10 units for baccarat
• 40 units for poker
• 1 unit for video poker
• 9 units for sports betting

According to Scoblete, this works out to this much gambling on your gaming activities:

• 4 hours a day for blackjack
• 2 hours a day for craps
• 1 hour for all the other games

Obviously, you can see that blackjack and craps are far and away his recommended games. In this respect, at least, Scoblete is on the money. These are probably the best 2 casino games you can play, especially if you can avoid the sucker bets at the craps table.

More about those in the next section…

2- Stay Away from the Sucker Bets

Some casino games offer nothing but sucker bets.

But what’s that mean?

A sucker bet is a bet that only suckers make because the house edge is so much higher than it needs to be. An example of a sucker bet is the game of keno, which usually has a house edge of 15% or higher. (And I’m being generous with that number—most keno games have a house edge of 25% or more, making it marginally better than the lottery, but not by much.)

Some gamblers think American roulette is a sucker bet because of its house edge of 5.26%. If you’re playing in a casino that offers both American roulette and European roulette (which has a house edge of 2.70% or 1.35% depending on the rules), American roulette is certainly a sucker bet. But if American roulette is the only option available, and if you really enjoy the game, it’s not really a sucker bet.

Other casino games, though, have multiple betting options. Some of them have a low house edge, while others have a ridiculously high edge. Craps is the best example of this kind of game. The basic bet in craps is the pass line bet, which has a house edge of 1.41%.

But the proposition bets at the craps table have house edge figures well in excess of 10%. You’d have to be a sucker to place a bet at a table that will result in 7X or 8X the losses in the same time.

How do you know which games and which bets are the sucker bets?

Just spend some time researching the house edge for various games. Baccarat, blackjack, craps, and video poker traditionally offer the best odds. Slot machines and keno are on the other end of the spectrum, offering the worst odds in the casino.

Most of the other games are somewhere in between.

Of course, unless you’re an advantage player (like a card counter), all casino games have a negative expectation. This means if you play long enough, you’ll eventually lose all your money. From the perspective of an advantage gambler, who only bets when he has an edge, all these casino games offer sucker bets.

But for the recreational gambler, your goal should be to get maximum game fun for the least amount of money. Your goal should also be to walk away a winner if you can.

Your best chance of doing so is to stick with the games with the best odds.

Poker games are another thing, entirely. That’s a game of skill, and I encourage you to learn to play poker and play it well. Since you’re competing with other poker players for their money, you don’t have to worry about a house edge. You just need to be more skilled than most of the other players at the table.

Sports betting is another thing, too. The bookmakers set up the odds so that they’re going to make a profit, so it’s hard to get an edge, but they’re not perfect. If you’re better at picking winners than they are, you can get an edge over the books, too. In fact, if you’re really good at handicapping, your best chance of leaving the casino with a lot of money is by putting money into action in the sports book.

3- Stick with a Strategy for the Game You’re Playing

Most games have no strategy other than avoiding the worst bets at the table. Some games require you to make decisions about how to play your hand, though. The latter are the games with the best odds.

No matter which kind of game you play, you should go into it with a strategy and stick with that strategy. Ignore your hunches and psychic insights about what’s going to happen next. Just make the best possible bets you can.

Roulette is a game with a simple strategy. Most casinos in Las Vegas offer what’s called “American” roulette. Every bet on that roulette game but one offers a house edge of 5.26%.

There’s one exception:

The 5-number bet has a house edge of 7.89%. Since that’s significantly more than all the other bets at the table, the best strategy is to never make that bet.

You can then decide how you want to bet on the other roulette numbers based on your tolerance for risk and your desire for a big payout. If you like frequent small wins, stick with the even-money bets. The probability of winning those bets is close to 50% (47.37%), but you only win even money.

On the other hand, if you don’t mind losing for a while, you can place a single number bet. That pays off at 35 to 1, but the probability of winning that bet is only 1/38, or 2.63%.

You can also place a plethora of bets with payouts and probabilities between those 2 options.

With a game like blackjack, though, the house edge varies based on how well you play your hands. In blackjack, there’s a mathematically correct move to make in every possible situation. This is called “basic strategy.”

A player using basic strategy in blackjack only faces a house edge of 0.5% to 1%. If you ignore basic strategy and just play your hunches, you’re probably giving the house an extra 3% to 4%.

That’s a huge difference. If you’re going to play blackjack, you should at least learn a simplified version of basic strategy to keep the house edge as low as possible

Also, even if you use perfect basic strategy in blackjack, the house still has an edge. Play long enough, and you’ll lose all your money.

But when you reduce the house edge as much as possible, you increase the probability of walking away from a Las Vegas casino as a winner.

You can find detailed articles about every casino game you can imagine on this site. Those articles all cover the appropriate strategies to use for these games.

4- Quit While You’re Ahead

No one can win money in a Las Vegas casino if they continue to play. Since the casino games have an edge, you’re likelier to lose than win, and every bet you make brings you that much closer to the long run. The Law of Large Numbers suggests that the more trials you get involved in, the closer your actual results will mirror the mathematically expected results.

This means that if you hit a big win early in your casino visit, it’s a good idea to set aside at least some of those winnings rather than gambling them all. I once won $6000 on a slot machine on my 6th spin of the reels. I immediately cashed out and set $3000 aside to make sure I could go home with a profit. (My bankroll for the entire trip was $1000, so I still had about $4000 to play with for the rest of my stay in Vegas.)

You’ll find some writers talking about money management and the importance of setting win goals and loss limits. An example of a win goal is someone with a $1000 bankroll who decides he’ll quit once he’s ahead by $200. That’s a win goal of 20%.

A stop loss limit, on the other hand, is an amount of money you’re willing to lose before quitting. With a $1000 bankroll and a 20% stop loss limit, a gambler would quit when his bankroll got down to $800.

Here’s the thing about win goals, stop loss limits, and money management:

None of these techniques change the house edge. No matter when you walk away from the tables, unless you walk away permanently, the house edge will eventually come into play in your casino game hobby.

Yes, you should quit when you get ahead.

Or at least set aside enough winnings that you can go home a winner.

Just realize that this concept doesn’t increase your chances of winning money in a Las Vegas casino in the long run. It just makes sure that you sometimes go home a winner. You’ll go home a loser more often, but not as often if you occasionally quit while you’re ahead.

5- Don’t Be Afraid to Go Big or Go Home

The last time I visited the Winstar, I had a small bankroll of just $200.

But I also had a plan.

I was going to bet $100 on odd. We chose that because my traveling companions and I decide that we were all odd people, so that might be lucky for us. (I didn’t have the heart to tell them that the odds of winning were 47.37% regardless of whether we bet on odd or even.)

That was half my total bankroll for the trip on a single bet. I wanted to go big or go home. I was going to use the other $100 to bet on craps, actually, but I was just going to stick with the $5 bets.

But it was a Saturday night at the Winstar, and they only recently started offering real roulette and real craps. Prior to this change, they generated results using playing cards instead of wheels and dice.

As a result, the tables were so crowded I couldn’t get anywhere near them. I wound up playing Lightning Sevens and The Big Lebowski slot machines, instead.

I still broke even for the night, but that was all luck.

Still, there’s much to be said for making one big bet instead of making lots of small bets. I’ve written about something called “maximum boldness” in gambling before. The idea is that making a single big bet on a negative expectation game offers you a better probability of doubling your money than making any combination of multiple, smaller bets.

This is because of the Law of Large Numbers, which I think I’ve already mentioned.

Here’s the easiest way to understand it, though:

You goal is to make $1000 on a single bet in roulette. You choose black (or any other even number.) You have 2 possible outcomes:

1. You could win $1000.
2. You could lose $1000.

Possibility #2 is more likely, but those are still the only 2 possibilities.

Now suppose you make 2 bets of $500 each. Here are the possible outcomes:

1. You could win both bets, for a $1000 profit.
2. You could win bet #1 and lose bet #2, which results in you breaking even.
3. You could win bet #2 and lose bet #1, which also results in you breaking even.
4. You could lose both bets, for a $1000 loss.

The likelihood of these events varies, but you’re more likely to lose both bets than you are to win both bets. That’s obvious. But you also have 2 other possibilities which are also pretty likely.

And obviously, the more bets you make, the more possibilities are out there. Suppose you make 4 bets of $250 each:

1. You could win all 4, doubling your money.
2. You could win 3 and lose 1, which would result in a profit.
3. You could win 1 and lose 3, which would result in a loss.
4. You could win 2 bets and lose 2 bets, which could happen in multiple ways, and you’d break even.
5. You could lose all 4 bets.

The reason casinos make money is because they’re in it for the long run.

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Wanna beat the casinos?

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Decide to get happy with wins in the short run.

6- Spend Some Time Doing Other Things in Las Vegas, Too

It’s hard to win money on any kind of gambling if you’re tired or bored. Gambling is supposed to be fun. If you’re gambling compulsively to the point where you’re uninterested in any other activity, you’re in trouble.

Luckily, in Las Vegas, you can find lots of things to do. Heck, just walking around Downtown or the Las Vegas Strip can be loads of fun. There are free shows right on The Strip, too—the water fountains at the Bellagio and the pirate show at the Mirage cost you nothing. You can even go see circus acts at Circus Circus.

Spend some of your entertainment money on other forms of entertainment. Think about hitting a couple of the cool museums in town. Whether you like organized crime or nuclear experiments, Las Vegas has a museum to help educate you about it.

And you won’t find a better selection of shows anywhere on the planet.

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The number and variety of bars and nightclubs is staggering. So is the number of restaurants.

Don’t just gamble.

Enjoy some of what else Vegas has to offer.

7- Learn How to Play Poker, Please

If I could convince you of one thing, it’s this:

If you want to win money in a Las Vegas casino, stay away from the “casino games” entirely and play poker.

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Not all Vegas casinos have cardrooms, but find one that does. Learn how to play poker and learn how to play the game well.

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The skill element is what sets poker apart from the other games. The casinos take a 5% cut of every pot, which means you can’t just sit down and break even.

But it takes less study and effort than you might think to become a break-even poker player. With a little effort, you can make a long-term profit at the Texas holdem tables.

90% of poker players don’t profit, but that means 10% of the players do. That’s a bigger percentage of Vegas winners than you’ll find playing slot machines, I promise you.

Conclusion

Anyone can come home after winning some money in Las Vegas. People do it every day. It’s easier to pull off if you stick with the games offering better bets.

Of course, learning the right strategies for the games you’re playing helps, too. Being able to distinguish between good and bad bets is one critical skill. But in games like blackjack and video poker, you must be able to make the decisions offering the best expected value, too.

Finally, if you really want to win money in Las Vegas casinos in the long run, become a solid poker player.