Smart gambling in players must have knowledge to the numerous tips, tricks, and tactics developed over the years to assist players in winning more and, more importantly, losing less.
While many gamblers enjoy betting on sports and playing casino games for fun, the truth is that we all want to make money. We understand that it is not always likely, but the desire remains.
Most people sign up, deposit money, play their favorite games, or wager on their favorite team, and hope for the best. That is fine, but it’s not smart gambling. When you gamble in this manner, you put yourself at the mercy of pure chance.
Let’s jump right into the deep end and get to work. We’re here to make or keep money, and there are games to be played and bets to be made.
1. Utilize Manual Flushing
When we win big, we all get excited, and our minds play tricks on us. We begin to believe that Lady Luck has chosen us, and instead of rationally recognizing our good fortune and walking away, far too many of us gamble away our winnings and end up with nothing.
To combat this tendency and have a smart gambling, play at gambling sites that offer “manual flushing,” in which your withdrawals are moved from “pending” to “processing” at your request, and withdrawals cannot be reversed once requested. No matter how pleadingly you call the casino, your request to cancel a withdrawal will be denied.
This is especially useful on gambling sites with long “pending times,” because if you can cancel withdrawal requests, you’re more likely to gamble away all of your winnings. Manual flushing eliminates this possibility, which is why many responsible gambling advocates advocate for it.
2. Set Reality Checks
Of course, there are no clocks or windows at online casinos. You can, however, set alarms on your mobile phone or gaming device to interrupt your casino gaming and keep time. These will notify you that you’ve been playing for half an hour, an hour, or whatever amount of time you consider acceptable. Many game developers incorporate reality checks into their games. You’ll set a reminder before you begin playing to notify you when you’ve been playing for x number of minutes.
When playing casino games online and have a smart gambling, it’s all too easy to slip into a trance-like state. They’re colorful and engaging, and with all of the features available nowadays, you can become completely immersed in them. Reality checks can help you take a step back, assess whether you are winning or losing, potentially withdraw, and either continue playing rationally or call it a day. Give yourself a few minutes to calm down, and you may change your mind and decide that you’ve already won or lost enough.
3. Use Game-Specific Strategies
A strategy of smart gambling will not increase your chances of winning at every casino game. However, there are some games in which you can employ strategies of smart gambling. The first two that come to mind are blackjack and poker games. A perfect strategy for blackjack can reduce the house edge to less than 0.5%. The house still has an advantage, but it’s a small one compared to the 1.5% advantage it has on single-deck blackjack games. It is all about learning poker hand ranks and their probabilities in poker. Although you will be playing against the dealer rather than other players in casino poker, strategies can still be effective.
You can even devise strategies for playing slot machines to some extent. You can’t reduce the house edge in these games, but you can choose how to play based on the characteristics of the slot. For example, when playing a highly volatile slot game with large multipliers, I would bet more, and I would use low volatility games to try to wager free spins bonuses.
Don’t believe the myth that all casino games are purely based on chance. That’s what casinos want you to believe so you don’t think too hard about what you’re doing.
4. Do PROPER Research
When it comes to casino games, research entails learning the volatility and RTP of a video slot, the house edge of a card or table game, the odds and payouts of various bets within the game, and the rules of a specific variant of a game. These small details can make a big difference.
Did you know, for example, that Spanish Blackjack has the highest house edge of any blackjack game because the casino removes the tens from the deck, or that you have to pay to request a hit in Pontoon? Before you play, it’s critical to understand these factors and how they will affect your chances of winning.
Don’t just place bets because you like a particular team or fighter, and don’t choose a slot game because you like the theme or because it has a large jackpot. Before you bet or play, gather as much information as possible. While no battle plan is guaranteed to survive contact with the enemy, it would be foolish not to have one at all.
5. Manage Your Bankroll and Risk
This betting tip is applicable to both casino and sports bettors. Before you enter a casino, a betting shop, or a gambling website, you should have a bankroll management strategy in place. You may decide that no single bet should exceed 1% of your bankroll. Continuing with the previous example, this would give you 10x $1 hands of blackjack before switching games.
Bankroll management is not just for gamblers. It is also useful for sports betting. You can also decide not to risk more than 1% of your bankroll on any single bet, but there are other ways to manage your bankroll risk in sports betting. One common method is via arbitrage
The practice of taking advantage of differences in odds between bookmakers is known as arbitrage. If you do this correctly, you can make a guaranteed profit on some bets. At the very least, you can ensure that you come out even. Please keep in mind that this will not work for all bets. You must be alert for arbitrage opportunities.
The point is that you should always have a strategy for dividing your bankroll in place. Never put all of your money on a single bet, spin, hand, or roll of the dice. Once you’re in profit and playing with house money, you can increase your risk, but until then, play and bet conservatively to grind out a profit.
6. Back the Long-Shot
While the favorite is likely to win, the risk-reward scenario doesn’t make sense because the bookies are aware of this, and you’ll always have to wager more than you stand to gain. Most of the time, you’ll win these bets, and you’ll steadily accumulate small profits.
The correct way to gamble is to always make small bets on long-shot bets. I still bet on the favorites on occasion, but I’d rather lose $10 a few dozen times in a row and then win $500 to cancel out all those losses and put some money in my pocket.
It is especially effective when betting on horse racing, combat sports, or football. This has been the most profitable long-term betting strategy I’ve tried so far.
Conclusion
I hope you found this to be an interesting read and that you learned something from it. This article contains both general and specific advice for both sports bettors and casino players.
If you enjoyed and learned something from this article, you should try it and get a bonus to one of online casino sites. That is most likely the best gambling tip ever!
