gambling

Gambling: Knowledge is Power

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When it comes to gambling, one would think that everything has already been studied thoroughly and that all you need to know is on the internet. However, that’s a common misconception as there is so much more to gaming than just knowing how to play a game or what is the most prolific betting strategy you could use. 

What separates the best gamblers from the mediocre ones is their ability to make sensible decisions at the spur of the moment and in the spirit of fair play. 

Although some believe gambling is not a pleasant pastime under any circumstances, we believe gambling, when seen as a form of entertainment, can bring plenty of thrills, especially when it includes walking away with some cash. In any case, both winning and losing are indelible parts of gambling and should never be disregarded. 

The following is a quick overview of what every gambler should know when playing, so read on to learn how to enhance your gambling prowess.

It’s Always About Luck 

Some casino games like poker, roulette, and blackjack require a certain dose of skill, but even the best players can’t consistently win without the right cards. 

Most gambling articles and books are filled with advice on how to play, how to maximize your chances, and what kinds of moves and plays to avoid, among other tips. However, no matter how great your skill becomes, no one can guarantee you the best hand.

In games of chance, you should do well to remember that fortune does not owe you anything and that every good hand dealt is a gift from above. 

It is good fortune and luck that makes gambling special. Chance causes that rush of emotions when you get an Ace to form a natural blackjack. Skill can take you to a certain level, but luck takes you to the top. 

Always Play With Money You Can Afford to Lose

Only professional gamblers and poker players who have sponsors backing their play can afford to play in high-roller games without any fear as these sponsors are supporting their bankrolls and paying their gambling fees. 

All other players should only play with the money set aside for gambling and that they can afford to lose. The general rule says that playing with your rent money or money set aside for mortgage payments is a serious no-no and should be avoided – it’s much better to stick to lower deposit casinos such as $5 casinos or R75 deposit casinos. No matter the circumstances, spending money on gambling should be a planned activity. The money you use for daily expenses should never be included in your gambling escapades. 

Moreover, you shouldn’t borrow money for gambling. Instead, set aside some money to use as seed money and initial bankroll. With some luck, you might be able to play with that initial bankroll. However, it would be best if you never overlooked the fact that casinos make billions from their players’ losses, so it is always better to gamble with money you can afford to lose. 

Control Your Expectations 

There probably isn’t a person out there who gambles to lose and thus support their local casino, right? All people hope to win, and the essence of gambling lies in winning, not losing. 

You should take after professional sportsmen and women who nurture a winning attitude and never go into “battle” believing they will lose. Real gamblers, like sports champions, always believe they can turn the things around and win the game, even if the odds are not in their favor.

If you stick to the belief that you are just playing to have fun and enjoy yourself, well, ask yourself this — isn’t winning and taking home the bacon the best way to enjoy gambling? 

Having a realistic picture of your level of skill is a sound basis and should be nurtured, but only as long as you understand that you will wind up on the losing end of things most of the time. 

Casinos Want You to Win (Occasionally)

Contrary to what players might think, casinos do want some of you to win. Otherwise, it’s all for nothing, right? No one would want to play if there were no chance of winning, and casinos would go bust. 

Casinos conduct their business under some governing principles that say they should award big prizes to players and reward them for their good fortune and skill. This is what makes gambling so entertaining and appealing. 

Casinos might operate the games and hold all the leverage, but their entire future and financial success depend on the players’ satisfaction, and to stay satisfied, the players must win every now and then. 

Don’t Be Afraid to Bet Big 

Games might have their volatility, betting limits, payouts, and other features that you can mix with skills, but knowing all this won’t guarantee you a big win. The only way to win big is to bet big. 

Playing the games such as blackjack and baccarat, where house odds are lowest, won’t bring you a lot of money unless you raise your stakes over time. Of course, skill plays a significant role in these games and can influence every hand played, but if you don’t bet big, all your skill will ultimately go to waste.

In roulette, you think you can increase your odds by betting on fewer numbers in each round. But that will only increase the house edge. 

So, even if you play the game with the highest RTP and lowest house edge, the only way to win big is to place considerable wagers. There’s no other strategy. 

When You Are Feeling Down – Don’t Gamble

When gambling, you need to face a sobering fact – you will lose and probably lose regularly. If you can’t handle that kind of pressure and feel bad about losing, you should stop playing and try doing something else.

It is a well-known fact that losing streaks can cause us to feel negative and frustrated. Some players might want to continue playing, believing their luck will turn around for the better. However, you should know that if you’re not having fun, you may need to take a break from gambling. 

Maybe you can grab a quick bite to eat and pull yourself together. When you are feeling down, you can’t focus, and you might be prone to making bad choices. 

Instead, get rested, and when you feel like playing again and when you are in a good mood, hit the tables again, and the results will most likely be better. 

Knowing the Odds Won’t Make You a Better Player 

Knowing the odds and probabilities will help you understand why winning a royal flush is unlikely or why you should split your eights in blackjack and not tens. However, memorizing probabilities takes considerable time and might be overwhelming. 

It’s sufficient to know that something is unlikely. If you want to remember something, remember strategies. Learn when to hit and when to fold and when to raise a bet. It will help you more than knowing the odds of getting an Ace of spades next. 

Conclusion

Building your skill as a gambler is essential, but you should never forget that luck plays a major factor in the outcome of the games you play. Make sure to employ the tips and tricks we laid out here next time you play and always have fun playing. If you are not having fun, then you probably shouldn’t be doing it.

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