Gambling is a thrilling, action-packed experience. It can feel like psychological mortal combat at times. There would be no need for gambling tips if that's all there was to it. But human psychology is such that the intensity of game-playing emotion is proportional to risk.
How much a player could lose in the quest for gain quickly throws one from the pan into the fire. Strange as it may sound, there's something irresistible about rescuing oneself from dangling over the precipice of disaster. You want to reign victorious over dragons and demons that would rob and pillage. You want to beat the odds!
But here's the rub. You do have an opponent, and they're drooling over that shirt on your back. Never forget that it's more than just entertainment to them. Unless you're a Zen master skilled in nonattachment to your hard-earned money, you must pay close attention to the wisdom of those who've gone before you.
The online gambling experts at OnlineGambling.com have done the math and homework for you. Use our top tips to repeatedly establish an intelligent gaming environment and practice your gambling art with less chance of avoidable error. Doing so will maximize your enjoyment and give you every opportunity to succeed.
Play At Only the Top Sites
Treat casino selection as you would an investment, starting with credibility and reputation. Verify a casino offers your favorite games, and that their games work well with your devices and Internet connection speed. Look for the fastest payouts. Always begin your search with the well-researched online casino recommendations
Play Games With a Good House Edge
Educate yourself on which games and bets within them offer you the lowest house edge per bet. House edge
is a measure of how much the casino pays relative to what true odds would pay.
Take craps, for example. The simple one-roll "proposition bets" in the middle of the table are known to have a significantly higher house edge than the pass line bet. "Hopping the hard 10" (i.e. betting that the next roll is a five and a five, which is harder to roll than a six and a four) pays 30:1. However, the true chance of a hard 10 occurring is 1/36. That means the casino is paying out less than what the bet is actually worth. That's how they make their money.
The house edge of a pass line bet is a more mathematically involved because there are several ways for it to win. But it's considerably lower than for any of the proposition bets. The house edge for specific bets of specific casino games are well documented at sites such as "The Wizard of Odds".
Don't Chase Losses
Nobody wins all the time. Sometimes you find yourself in a downward spiral from the very beginning of a session. It's important to remember that it's statistically normal for this to happen on occasion.
Don't lose your head and attempt to gain it all back quickly through bigger wagers, or higher risk bets whose house edge is poor. Accept such losses with grace and humility, and stay within your session bankroll.
Don't Drink and Gamble
If you're playing to win real money, avoid drinking while gambling. Remain alert and ready to make the best choices. Intoxication is a fast path to an online gambling train wreck. Keep all your wheels in contact with both rails at all times.
Learn Game Strategy
Games of strategy like poker pit players against each other. Grant it, it's better to be lucky than good. But matters of luck being equal, it's better to be better. Smarter players who know how to manage their bankroll and what moves to make at key betting opportunities beat less informed players. You can never have too much information when playing a game of strategy for real money.
Also keep in mind that not all games lend themselves to strategies. "Random" essentially means "no patterns". Strategies only make sense when there are patterns or known statistical advantages.
For example, no matter how "due" you think a black win is because of a string of red wins on a roulette table, the odds of a black win are the same each spin. Believing otherwise is known as the gambler's fallacy.
Similarly, keeping track of dice rolls and imagining you're seeing patterns in them is pure wishful thinking. It's better to stick to low house edge bets and hope for atypical periods where outcomes are temporarily in your favor. Then wisely quit when you hit your goal.
Casinos are delighted to accumulate a lot of small wins, and you should be too. Discipline yourself into a healthy "win and walk" rhythm and habit.
Play Within Your Limits
Set winning and losing limits per session, and stick to them. They'll keep you in your comfort zone, and keep your mind in a state where gambling can be seen for what it is instead of something disproportionately important.
Don't Play Tired
Playing tired isn't much better than playing intoxicated. This is especially true in games of skill. Think of your precious bankroll as heavy equipment that you shouldn't operate when drowsy.
Collect the Best Bonuses
Don't miss out on free real money. Pay attention to all the bonuses casinos offer. Online casinos offer them as incentive to gamble at their site instead of others. There are a slew of different bonuses available these days:
- Sign-up bonus
- Welcome bonus
- Deposit bonus
- No deposit bonus
- Free bonuses
- Refer-a-friend bonuses
- Loyalty bonuses
The combination of welcome, sign-up, and no deposit bonuses can have you off and running with enough bankroll to give you a good feel for a site. Free bankroll is also an opportunity to try new games and perfect your strategies. Best of all, you might even win on the casino's dime!
But pay close attention to any rules attached to the bonuses so you don't waste your time playing in ways that don't qualify you to collect.
Leverage Free Play
Speaking of playing for free, the best online gambling casinos offer a wide range of games you can play purely for fun
. The games play the same as for real money
, except you win points instead of money. But they're still a great break from the intensity of real money wagering, and fun way to hone your skills.
Know When To Quit
Losing money you can afford to lose is merely no fun. But losing money you can't afford to lose invites gambling into areas of your life where it doesn't belong.
Don't inadvertently place gambling on par with genuinely important matters like family, friends, workplace relationship, and basic economic survival. Establish a quitting target in line with what you can afford to lose in advance, and always quit if you hit that level.