Difference between revisions of "101 Gambling Tips for the Avid Gambler"

Revision as of 15:03, 28 July 2023

Although many of the same tips for gambling you picked up in Las Vegas may be applicable to online gambling, it is important to recognize the important differences. Online gambling can be an enjoyable and rewarding pastime if you have a good understanding of the rules and some helpful tips from other players.

Important Rules for Every Game

1. Never chase after your losses. Don't raise your stakes simply because you're losing.

2. Don't gamble at any game that you aren't sure about. It is essential to understand the game.

3. Gambling and drinking should not be combined. It's hard enough to make money gambling without dulled senses.

General Guidelines for Money Management

4. There are times when you lose more than you win, and the longer you play the more likely it is that the fact will be. It's the same regardless of whether you're talking about hands of blackjack, rolls of roulette or throwing the dice.

5. The most important thing to win is to maximize your wins and to minimize you losses.

6. Learn and memorize the odds of the specific game you've decided to play as well as the best strategies to employ to increase your chances of winning at the game.

7. Never bet using your "dear" money. Only bet on your "excessive" cash. In other words, never gamble with money that you'll require, or could require to cover your daily living expenses.

8. If you're playing against other players online this is even more crucial. The minute you start gambling using "dear" money the other player will be aware of your heightened stress and play accordingly - often bullying you out of a bet because they know you are more cautious when it comes to the "dear" money.

9. Create a stop loss limit and adhere to it. Divide your bankroll for gambling into equal amounts. Divide each one of them into four parts. If you lose one of the lower amounts, you can change the game or table or have a break. You should stop gambling if you lose the whole amount.

10. Keep your cool and do not let your addiction to gambling cause you to gamble with your next allocation.

11. Make plans ahead. When you start a gambling session determine the amount that you want to take home (be honest) and once you have reached that point put the money away and walk.

12. If you're winning and you are winning, take a small amount of money from your gambling bankroll and put it into an "do not touch" bankroll to safeguard the rest from risk.

13. The house advantage is eternal and cannot be overcome with any money management method. You will always lose more than you win. You must win more large bets and lose less on small bets.

Money Management - Positive Progression Systems

14. A positive progression system can allow players to boost their winnings and lessen your losses. To use this system properly you must create an "standard" betting system.

15. The "standard" unit of betting should equal a certain percentage of your bankroll in gambling for the particular session. If the bankroll for your session is $100, your"standard" betting unit might be $10.00. Then, you could participate in minimum 10 betting events without running out of cash even if you lose all of them.

16. fun games will help you win large amounts during hot streaks while minimizing your losses during cold ones.

17. A common example of this method is to add one-half of the amount you win to the next bet. Blackjack is a good example of this. If you are successful in winning a hand with the $10.00 normal betting unit, then you'll add $5.00 to the next hand to make it $15.00. If you place a $22.50 bet then you'd be adding $7.50 to your $15.00 winning hand. If you lose your hand, simply return to the $10.00 standard betting unit and start over. The percentages of 50 percent are just an estimation in the real world.

18. Another more complicated system is to ensure that you keep your bankroll split into a certain number of units and then bet one unit on each event. Your bankroll will increase when you win more money, so your units will grow and you'll be betting larger amounts. As you lose, your units, and bets, become smaller.

19. You can create an arrangement to pull a portion of the winnings you earn from your casino bank account regularly and then put it in your "do NOT touch" bankroll. For instance, you could taking a portion of your winnings to the "do not touch" account if you have a double bankroll. You can have a very long winning streak using the Positive Progress System. one player games could increase significantly.

Money Management - Negative Progression Systems

20. A Negative Progression System is one in which you increase the amount you bet when you lose and decrease the amounts of your bets when you are successful. To use this method correctly, you need to create your "standard" betting unit.

21. Martingale System is the most popular negative progression system. This method will double your stake if you lose and then returns you to the standard betting unit in the event that you win. For instance, in blackjack when you place a bet of $10.00 and lose you would bet $20.00 for the next hand. The stake would be reduced to $10.00 if you are successful. In all forms of gambling betting, the Martingale method will be ineffective over the long term.

22. This system can be very frustrating due to the fact that during a hot period you are winning only the amount you have set as your "standard" betting unit. And during cold streaks you're losing larger and greater sums.

23. Keep in mind that you should draw money occasionally from your gambling bankroll wins and place it into an "do not play with" account.

Roulette





24. American Roulette is one of the most hazardous casino game you can play, offering an average house edge of 5.26% or more.

25. European roulette has the benefit of a 2.7% house advantage because there are less numbers with a single "0" than in American roulette.

26. American Roulette bets offer the house 5.26 percentage advantage. The exception is the "0", 00", 1, 2 3, combo bet that provides the house with a greater 7.89% advantage.

27. Roulette betting systems rely on the false assumption that past results can predict future results. Every spin is identical, regardless of whether the system has been modified or defective.

28. The most well-known system of betting in roulette is the negative progression system known as Martingale (see #17). Martingale is a system that is employed in roulette, just like any other game, will always be ineffective.

29. The house advantage is so great that even if you're gambling to win money or for fun take a a chance at higher payout bets.

30. Try an improved positive progression strategy for roulette. Divide the amount you are willing to lose in one session of roulette into 35 "standard" betting units. Select a number and place one unit of bet on it. Keep playing the same unit until you either win or lose your bankroll of 35 units. If you win, bet two units on the same number and continue betting two units on the number until you get a win or you lose your money. If you are a winner again, walk away!

31. Roulette is more slow than other online games. This means that it will take longer for you to lose your bankroll.

32. Don't play roulette as a way to win money; the odds are too heavy to be favored by the house. Use roulette as an enjoyable way to enjoy yourself and pass the time without losing a lot of cash quickly.

Baccarat

33. Baccarat is one the most simple casino games and has a low house advantage of just 1.06%.

34. It is possible to have up to 12 or 14 players at tables, playing the role as dealer passed around the table in the same way as dice are passed around a craps table.

35. All players may place bets on any hand and bets are placed on the "player", on the "dealer" or on the tie. Except for the tie bet, Baccarat is much like betting on the heads or tails of the flip of an e-coin.

36. The player and the banker are not able to make any decisions regarding play. However, the rules of the game determine what is expected of every hand. The house dealer will oversee the game and guide play accordingly.

37. The winning bets placed on either the player or dealer will both pay the same amount less an additional 5% commission. This is due at the time of placing the bet or when the player has left the table.

38. Tie bets are usually 8-1, but with a 5percent discount.

39. A game of 8 decks offers a slightly lower house advantage "banker bets" than "tie betting" and it therefore makes sense to only bet on the banker.

40. Like all gambling online the concept of counting cards is useless because the deck(s) are usually shuffled after each game in Baccarat.

Blackjack

41. Blackjack is among the lowest rates of house advantage at around.60 percent. However, expert players can make situations give the player an advantage.

42. For the professional player, there are a variety of complex strategies that require patience and effort to master.

43. Do not just sit at the table. Blackjack is often an unpredictability game. Watch the table for a couple of hands and you'll be able to determine which table is hot or cold.

44. "Soft" hand is a "soft" hand is a hand that has an Ace that can be considered one or 11 in value and still keep the hand's total to 21, or less.

45. "Hard" hand refers to a "hard" hand is the hand that is an Ace and has to be counted at 1 value to maintain the hand's total value of 21 or less.

46. A beginning or social player should stick to the commonly accepted rules of the standard blackjack strategy.

47. Don't be scared to be a gambler who can make you bust. Don't be afraid to use any card that could make you bust.

48. If you're serious about playing blackjack and are willing to put in hours playing, you should go through one of the numerous books on counting cards. Like all gambling online, card counting is of little value because the deck(s) is typically moved around after each game. This could prove beneficial to play one hand of blackjack, especially when there are a lot of players.

Blackjack to Win - The Best Moves

49. Always split Aces and 8s because the odds are high that the new hands will be significantly superior to either the soft 12 or hard 16.

50. If the dealer shows the dealer with a 5, 6 or 4, you should bet on at least 12. If the dealer shows a 4 5 or 6, chances are that they will bust on the next card.

51. Do not take a shot on anything below a hard 17 in the event that the dealer shows 7 through Ace. Don't be afraid of busting!

52. When you are dealt an 11. Always double your wager.

Gambling Blackjack to Lose - The most Stupidest Strategy

53. Never split 10s because you may very well be trading one good hand for two weak or even bad hands.

54. Insurance is not a good idea because the odds favor the dealer. You can trade a high chance of winning an 1.5-to-1 payout for an even-money payout regardless of whether you have a blackjack.

55. Never hold a hand that is less than a soft 17.

Craps Playing

56. Craps offers players some of the most thrilling and fastest-paced dice games. Craps has an 1.41 percentage house edge and even lower for some bets.

57. Craps is a complex game, so if intend to become serious about playing, read and absorb a good books on systems.

58. free to play pc games should establish a standard betting system that is less than other games at casinos. Because of craps, it is easy to make massive amounts of money over an extended period.

Craps to Win - The Best Bets

59. If you just want to have fun however, you must play with the confidence of knowing how to play, then consider a simple approach beginning with a brand new roller.

60. The Don't Pass Line offers good odds with a house edge of only 1.40%.

61. The Pass Line also offers relatively excellent odds and only 1.41 percent house edge.

62. Place a minimum amount of your "standard" unit bet on either the Pass Line or the Don't Pass Line and save the majority of the unit to "take the odds" once the point is established. This way you'll have the best odds on your backup bet with no house advantage at all.

63. Make a bet on six or eight dollar amounts which are greater than six. The house advantage for this bet is only 1.52 per cent. If the numbers are rolled, you'll be rewarded with $7.00 for each $6.00 you wager.

Playing Craps to Lose - The Worst Bets

64. mobile games listed above all provide high winnings, however they do not compensate for the large house edge.

65. The "Any 7" wager, in which you bet that the next roll will result in 7 is the one with the lowest chance of winning and has an 17% house advantage.

66. You can also bet on "Any Craps" which is betting on the probability that the next roll is a 2, or 3 or 12. This bet has poor odds and a house edge of just above 11 percent.

67. The "Hardway" bets, as well as the "Big 6" and "Big 8" bets have also low odds, with a house edge between 9% and 11 percent.

Playing Texas Hold-'Em Poker

68. There are play board games online that at least one player has a solid hand in the pocket, which is why it is crucial to be aware when betting pre-flop.

69. If you don't have an excellent kicker, be careful about betting big on preflop cards.

70. Decide early on the type of players at your table - aggressive or cautious and then remember to adjust your determinations throughout the game.

71. At games where notes are permitted, make note of any player whose tendencies you identify. They could be at another table.

72. Make a bet or raise using a good hand; don't allow other players to get free cards that could turn their weak hand into a powerful one.

73. Do not be prescriptive. Vary your play to confuse opponents about whether you are an aggressive player or a cautious one.

74. Don't bluff often and try to establish a cautious reputation at the table so that if you do, your opponents will believe you must have a good hand and will be less likely to challenge your Bluff.

Gaming Slots - The Facts

75. The payback rates for online slots are usually higher than those for payback percentages in live casinos.

76. If you spin the slot machine's wheels, numbers do not appear in a specific order. The numbers are selected continuously, not only when the handle is pulled. Randomly the numbers shown on the wheels are chosen as soon as the handle is pulled, or the button is pushed.

77. It is difficult to know when a machine might strike.

78. It is possible for a machine to go on for long periods without winning a large jackpot, or be able to win a large amount of money at once. It is random selection.

79. The amount of coins you select to play affects only the amount you bet and does not affect the number of coins you choose to play.

80. You can set up different payback percentages as well as hit percentages for slots.

81. Payback is the amount of the money bet that the machine returns to the gamblers over the long term. It usually ranges from 75% to up to 99%..

82. The hit percentage is the percent of times that the machine pays cash on each spin. This can vary widely, from under 10% to 90%.

83. Machines that pay out frequently are likely to pay less frequently and have lower jackpots.

84. Machines with a high hit percentage (those which are designed to pay out frequently) are often known as "loose" slot machines.

85. Machines that have the lowest hit rate (those which are unlikely to pay back) will often have larger jackpots, but less payouts.

86. Machines that have an extremely low percentage of hits (those which are set to pay back very seldom) are usually described as "tight" slot machines.

87. There is no single "good" type of slot machine. It all depends on the player.

Strategies to play slots - Playing Slots

88. Slot machines are random and no strategy can be used to make long-term winnings.

89. Before beginning a session on the slot machines, you must determine the amount you want to win. Then, you must decide to withdraw your cash at the time you've reached your goal.

90. Select an online website which does not have a wagering requirement that must be met before you can withdraw your funds.

91. If all other aspects are the same, you must pick a casino online that offers the greatest bonus for players who are new to the game.

92. Playing with small bets over lengthy durations of time is an easy loss since the house has a greater edge in slot machines.

93. Knowing which kind of machine you should be playing is crucial to increase your odds of winning.

94. When selecting a slot to play, steer clear of machines with huge jackpots; the highest odds of winning lies in the machines with small jackpots, as their most frequently payouts are of a medium size.

95. Make sure you only play for smaller jackpots with as many bonus features as you can.

96. To increase your chances of winning, look for machines with multipliers as well as wild symbols.

97. To increase your chances of winning, try games that feature bonuses or free spins.

98. Find slots that offer what's commonly referred to as the "gamble" feature, where your wins can be gambled at double-or-nothing as many as five times.

99. Once you have reached the winnings you have set for yourself, STOP and cash in your chips.

There are two fundamental guidelines that every gambler, even online, must adhere to. These rules are worth repeating.

100. Never gamble with your "dear" money. Only gamble with "excessive" cash. That is, you should only play with money that you'll require, or could require to cover your daily living expenses.

101. You can set a limit on the amount of money you'll lose as well as what you are able to afford and stick to it.