Gambling is one of the most addictive yet rewarding hobbies. Players also have the privilege of traveling worldwide to unique casinos and meeting interesting people. Here are the 9 Ways to Improve Your Gambling Strategy.
In some instances, the average gambler even spends the house money. That’s the true motivation for the overwhelming majority of gamblers.
However, most players lose money trip after trip. That introduces the downside of gambling, the losses.
You don’t have to lose money gambling if you use these 9 ways to improve your strategy, and you’ll become a professional.
9 Ways to Improve Gambling Strategy
1 – Be a Smarter Gambler
One of the easiest methods for improving your gambling strategy is to become more informed. That means seeking the games with the lowest house edge and looking for opportunities to diminish the advantage further.
That will require minimal research on your part and a bit of discipline.
Another way to become a more intelligent gambler is to focus on the fundamentals employed by successful gamblers.
Sharp bettors, poker professionals, and card counters operate in various areas of a casino. Still, their formula for success remains largely unaltered.
Setting limits on your time, making a strict budget, and following basic money management – are the keys to success. Before you dive into the deep end of the gamblings pool, be confident that your basics are in check.
2 – Gamble Only When You Have the Advantage
Players lose in the casino because the house has an advantage. You can get that advantage by using the correct strategy and playing good games.
A prominent example of this is the card counters. Blackjack has a mathematical edge of between 2-4% for the casino.
Yet, there are ways to diminish that number tremendously. The blackjack basic strategy will reduce the house edge to below 1% in the fair games.
Unfortunately, a 0.5% edge means the players still lose.
Card counters track the number of high-value cards in the shoe to gain an edge. When the count is high, players raise their average bets significantly.
Because of the higher payouts for a natural, the wins offset losses at a lower stake.
For sharp sports bettors, gaining the advantage boils down to finding the value. When a sports bettor can develop a system for picking the games where they have value, a profit is within reach.
Sports betting is the most lucrative avenue for advantage gamblers. The top punters on the planet make hundreds of millions in the sportsbook.
Video poker is another game where the proper strategy will give you long-term profitability. You need to pair the approach to the best variant to establish an edge.
The video poker machines that allow long-term profit is phasing out of casinos, but they exist.
The poker room is a popular area for players looking to gain an advantage. I’m going to take a close look at how the average poker player can make money playing poker in a moment.
It would be best to keep in mind that having the advantage won’t mean you win money every session. There will be the same variance that slows players sometimes to win.
In the long run, having an advantage will make you a winner.
3 – Use Sponsors to Stake You
If you’re a good enough gambler or salesperson, you may not have to stake a single dollar of your own money.
There are plenty of gamblers who leverage sponsors to stake their casino sessions. The most notable examples of this can be seen in the poker rooms, but it’s not uncommon for other advantage gamblers to be staked.
Players can hold onto their own money during losing sessions by having someone to front the cash. But don’t assume that you can keep all of your winnings when things go well.
Even at the top of the poker world, you’ll see this arrangement. Sometimes other pros will stake a buddy merely because they want a piece of the action.
Playing with someone else’s cash will eliminate any money siphoning from your bankroll.
4 – Rediscover the Way You Look at Losing
Occasionally, a shift in perspective is enough to cut the thought of losing out.
Spending money is not the same as losing money. So, your gambling money could be seen as entertainment money.
For example, it’s quite logical to spend $100 on concert tickets. That’s typically a 3-hour show, which breaks down to around $33 per hour.
A casino gambler can be entertained for far less than $33 per hour. The house advantage on the baccarat banker bet is 1.06%.
Imagine you’re wagering $1,000 per hour at the baccarat table. That will cost you $10 per hour.
There are not many viable entertainment venues that offer such value. Rethink how you look at the money you spend in the casino to stop “losing.”
5 – Change Sides and Become the House
A very common approach for the individual looking to take on the role of a casino is the bookie.
You need to understand the gaming laws in your area carefully. You should not break the law.
6 – Play With Novice Players
For poker players, not losing money is simple. Find weaker players and dominate them.
That’s easier said than done because poker rooms are full of sharp players looking for their next victim. Yet, the potential to find an advantage remains plentiful.
Poker is a skill-based endeavor. That means any players less skilled than you will be easier to beat.
When all else fails, host a poker night, and beat up on friends and family. The practice will translate to the more significant cash games.
7 – Practice Without Losing Your Bankroll
This is one of the best pieces of advice for losing gamblers – practice online. There’s no game that you won’t get better at from practice.
Playing online is the perfect way to practice because of its convenience. You can play from home, at work, or on your mobile device.
Best of all, the games are free, so you don’t have to expose your bankroll while you improve.
8 – Get The Best of Online Casino Bonuses
Online casino bonuses can be a tremendous ally for recreational gamblers. The online casinos hand out deposit bonuses to attract new gamblers to the site.
When gamblers leverage these bonuses, they don’t have the stress of watching their deposit vanish overnight.
When you get on a heater utilizing an online bonus, you may be able to cash out before you dip into your cash. That provides an excellent opportunity for gamblers.
Try spending some of the casino’s money to beat them at their own game.
9 – Stop Feeding Money to the Pokies Machines
If you play pokie machines, you are going to lose money. That’s a fact of life, like death or taxes. You can’t find an edge on the games no matter how hard you look.
The pace of pokie machines also works to defeat gamblers. The typical pokies player will spin the reels close to 600 times per hour.
So, even if you’re only playing for $1 per spin, you’ll lose $60 per hour. Leave the pokies machines for the jackpot chasers, and you’ll lose much less in casinos.
It is a simple calculation that you don’t have to lose money gambling. The 9 ways to improve your gambling strategy will have you on the path to winning.
Unfortunately, the variance will always be a factor due to the random nature of the games. Yet, you can enjoy a long-term profit by making the best choices.