Notes

101 Gambling Tips For the Avid Gambler
Although many of the same tips for gambling you picked up in Las Vegas may be applicable to online gaming, it is important to be aware of important distinctions. Gambling online is a pleasurable and lucrative pastime if are familiar with the rules and tips from other players.

Critical Rules for Every Game

1. Never chase after your losses. Do not increase your bets simply in order to get even; only increase your bets as part of a planned strategy.
2. Do not bet on any game you don't know about. Make sure you understand it before you play.
3. Drinking and gambling shouldn't be combined. Gambling can be a challenging game, regardless of whether your senses are sharp.
Money Management - General Guidelines
4. You will lose more often than you win, and the longer you play the more likely it will be. This is the case regardless of whether you are talking about hands of blackjack or rolling the roulette wheel.
5. To win, you have to maximize your winnings and reduce your losses.
6. Learn and keep in mind the odds of winning at the game you are playing.
7. Never gamble with your "dear" money. Only bet with your "excessive" funds. Also, do not bet with money you will need, or may need to cover your daily living expenses.
8. This is doubly important if you're playing online with other players. It is not advisable to play with your "dear money". The other player will feel your anxiety and may play aggressively to take you out of a bet.
9. Make sure you stick to the amount of your stop loss. Divide your gambling bankroll into four separate amounts. Divide each of those amounts into four parts. If you lose one of the lower amounts, you can change the game or table or have a break. If you are unable to recover your entire first allocation, you should put aside your betting for the rest of the day.
10. Be calm and do not let your addiction to gambling cause you to gamble on your next allocation.
11. Make plans ahead. When you start a betting session determine the amount that you would like to take home (be realistic) when you get to this point, put your money away and walk.
12. When you are winning, draw some money occasionally from your casino bankroll and put it into a "do not touch" bankroll to safeguard this portion from any further risk.
13. The advantage of the house is permanent and cannot be overcome with any money management system. There will be losses more often than you make. The most important thing is that you must win more big bets and lose more small bets.

Money Management - Positive Progress Systems

14. Positive Progression Systems is one in which you increase the stakes you place when you win and decrease the bets when you are losing. The system is only available with a standard betting unit.
15. The "standard" unit of wagering should be equal to an amount of your bankroll to gamble for the particular session. If your session's bankroll totals $100, your standard betting unit might be $10.00. This way you would be able to participate in at least 10 betting events before running out of funds even if you lose all 10 events in succession.
16. These systems can help you make huge profits in hot streaks and reduce your losses during cold streaks.
17. An example of this strategy is to add half of the amount you win to the next bet. Blackjack is a good example of this strategy. If you are successful in winning a hand with your $10.00 normal betting unit, you would add $5.00 to the next hand to make it $15.00. If you bet $22.50 bet then you'd be adding $7.50 to your $15.00 winning hand. If you lose your hand, just return to the $10.00 standard betting unit and start over. Of course in practice the increases of 50% will be approximate.
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 for each event. Your bankroll will increase when you win more money, so your units will grow and you'll place larger amounts. Your betting units and bets diminish when you lose.
19. You can set up the system to draw a portion of the winnings you earn from your casino account on a regular basis and place it into your "do NOT touch" bankroll. For example, when you increase your bankroll by a third, you might take one-half of the winnings to add to the "do not touch" bankroll. It is possible to have a long winning streak with the Positive Progress System. Your winnings could increase drastically.

Money Management - Negative Progression Systems

20. A Negative progression system is one that will increase your losses and decreases your winnings. To use this method correctly, you need to create your "standard" betting unit.
21. Martingale System is the most known negative progression method. In this system, you double the amount of your bet if you lose and return to your "standard" betting amount when you win. For example, at blackjack betting $10.00 and lose you would place a bet of $20.00 for the following hand. The stake would be reduced to $10.00 if you win the hand. In all gambling, the Martingale method will not work in the long-term.
22. This strategy can be difficult because during a hot streak you are winning only the amount you have set as your "standard" betting unit. When you are in cold streaks, you're constantly losing more and greater amounts.
23. Remember that you have the option of drawing money from your winnings into a gambling bankroll and keep it in an "do not play with" account.

Roulette

24. American roulette is among the most dangerous casino games can be played because the house advantage under normal rules is 5.26 percent or greater.
25. European roulette has a 2.7 percent house edge because there are less numbers with one "0" as in American roulette.
26. Bets on all of the games in American roulette offer the house an advantage of 5.26 percent, with one difference that is the "0", "00" 1, 2 3 combination bet provides the house an even greater 7.89 percent edge.
27. Roulette betting systems rely on the incorrect assumption that past spins can be used to predict future outcomes. Every spin is identical regardless of the fact that the system was altered or is not working properly.
28. The most popular betting system in roulette is the negative progression system known as Martingale (see #17). As in all other gambling games, the Martingale utilized in roulette will always fail in the long run.
29. The house advantage is so strong that even if you're gambling to win money or for fun, you should consider taking the chance to win more bets.
30. Try an altered positive progression strategy for roulette. Divide the amount you are willing to lose in one roulette game into 35 "standard" betting units. Pick a number, and place one unit of betting on it. Keep playing the same unit until you win or lose your 35-unit bankroll. If you win, place two units on the same number and continue to bet two units on that number until you either get a win or you lose your bankroll. If you are a winner again, walk away!
31. Roulette is a relatively slow-moving game when compared to other games on the internet and, therefore, it could take you a longer time to lose your bankroll.
32. It is not advisable to play roulette to win money. The chances of winning are stacked in your favor. Play roulette only as a way to have fun and to pass the time without losing any money in a short time.

Gaming Baccarat

33. Baccarat is among the easiest games for casinos to play and offers a relatively low advantage to the house of only 1.06 percent.
34. It is possible to have between 12 and 14 players playing at a table, with the job of a dealer who moves around the table much as dice are scattered around a table of craps.
35. Each hand can be bet by all players. The bets may be placed on either the "player", the "dealer" or a tie. Except for the tie bet, baccarat is much like betting on the heads or tails of the flip of the coin.
36. The banker and player are not able to make any decisions regarding play. However, the rules of the game dictate what is expected of each hand. A house dealer supervises the game and direct the game accordingly.
37. Bets that win on the player or dealer both pay even money with an additional 5% commission. This is due at the time of the bet or after the player has left the table.
38. Tie bets usually pay 8-1, but with a discount of 5.
39. An 8-deck game offers a slightly lower house advantage "banker bets" than "tie betting" which is why it is sensible to bet on the banker.
40. Card counting is useless in online gambling since the decks are generally played out immediately following each game of Baccarat.

Blackjack

41. Blackjack offers one of the lowest house advantage at around .60 percent, but experienced players are able to create scenarios in which the player holds an advantage.
42. For the serious player there are a variety of complex strategies that require time and commitment to master.
43. Never just sit down cold at an table. Blackjack is often a game of streaks, so be sure to watch the table for a few games to see if it's an extremely hot or cold table for the players.
44. A "soft" hand refers to any hand that has an Ace and is classified as either a 1 or 11 in value, while still maintaining the total at 21 or lower.
45. A "hard" hand is one with an Ace that has to be counted as 1 in value in order to keep the hand's total at 21, or less.
46. A beginner or a social gambler should adhere to the commonly accepted rules of the standard blackjack strategy.
47. Do not be afraid to gamble with a card that can make you bust. Always be prepared to play the odds and don't let the fear of a bust prevent you from playing a game when you know it's the one with the greatest chance of success, no matter how small that chance might be.
48. If you're serious about blackjack and are willing to spend long hours working on your skills, you must go through one of the numerous books about counting cards. The practice of counting cards, just like other online gambling is useless because the decks are shuffled following every game. This could prove beneficial to play one hand of blackjack when there are many players.

Gaming Blackjack to Win - The Most Effective Moves

49. Always split Aces and 8s as the odds are good that the new hands will be much superior to either the soft 12 or hard 16.
50. Make sure you have a 12 or more when the dealer has either a 5, 4, or 6. If the dealer is showing 4, 5, or 6, chances are that the dealer will break on the next card.
51. Hit anything below a hard 17 in the event that the dealer shows a 7 through an Ace. Do not be afraid to hit
52. Always double your bet when you're dealt an 11.

Blackjack to lose: The worst move

53. Don't split 10s, as you might be trading one excellent hand for two weak or even bad hands.
54. It is not a wise idea because the odds favor the dealer. Even if you're holding a blackjack on the hand yourself you will be betting on a good chance of winning the 1.5 one payout to get an even-money payout that is guaranteed.
55. Never let a weaker hand hold you back.

Craps

56. Craps offers players some of the most exciting and fastest-paced dice games. Craps has an 1.41 percentage house edge and it is even lower for certain wagers.
57. Craps can be a very complex game, so if intend to become a serious player learn and master a great books on systems.
58. Establish an "standard" betting unit which is smaller than your "standard" betting unit used in most other casino games because in craps, it's simple to get a lot of money at the table quickly during a long game.

Playing Craps to Win The Best Bets

59. There is no need to be an expert in playing if you're looking to have fun.
60. The Don't Pass Line is a good bet and a house advantage of just 1.40%.
61. The Pass Line also offers relatively good odds with just a 1.41 percent house edge.
62. You can put a minimum amount on your regular unit bets on the Pass Line or Don't Pass Line and then reserve the rest of the unit to "take all" once the point has been determined. This way you'll get true odds on that back bet, with no house advantage whatsoever.
63. Bet on numbers of eight or six dollars which are greater than six. The house advantage for this bet is only 1.52 percent. If the odds are in your favor, you'll get $7.00 for each $6.00 you wager.

Gambling Craps to lose The Most Risky Bet

64. Each of them offers impressive payouts but even those high payouts are not enough to offset the big house edge.
65. The "Any 7" bet, which allows you to bet that the next roll will result in a seven, offers the lowest odds at the table, with a house advantage of almost 17 percent.
66. The "Any Craps" bet, in which you bet that the next roll will be a 2, 3 or 12, 3 or 12, also offers bad odds with a house advantage of just more than 11 percent.
67. The odds for poor odds are also offered by bets such as the "Hardway", "Big 6" or "Big 8" bets. The house edge is between 9 and 11 percent.

Texas Hold-'Em Poker

68. There are higher odds that at least one person will have a good pocket, therefore it is important to be cautious when betting prior to the flip.
69. If cool games to play do not have an excellent kicker, be careful about betting big on preflop cards.
70. You must decide early on what kind of players you would like to play with: confident or aggressive. Remember this and make adjustments during the course of play.
71. In games where notes are permitted, make note of any player with a tendency you can identify. They could be at a different table.
72. You are able to raise or bet with a strong hand. Don't allow other players to collect cards that can weaken your marginal hand.
73. Be be unpredictable. Vary your play to make your opponents think whether you are an aggressive or cautious player.
74. Be careful not to bluff too often. Make sure you establish a reputation of caution at the tableso that when you do bluff others are likely to think you have a strong hand and are less likely to call your call.

Gaming Slots The Facts

75. The payback percentages for online slot machines are generally better than the payback percentages in live casinos.
76. The numbers that are revealed during a spin of the wheels of a slot machine do not appear in any order. The numbers are being selected continuously, not only when the handle is pulled. The numbers that are displayed on the wheels are randomly selected when the handle is pulled or when the spin button is hit.
77. It is impossible to determine when a machine might strike.
78. It is possible for machines to operate for long periods without winning a big jackpot, or hit multiple jackpots in a single go. It's a random selection.
79. The number of coins you select to play only affects the amount of money you wager and does not affect the number of coins you choose to play.
80. You can set up various payback percentages and hit percentages for slot machines.
81. Payback is the amount of the staked money that the machine returns to the player in the long-term. It can range between 75% and as much as 99%.

82. The hit percentage is the percent of times the machine will payout some cash on each spin. This percentage can vary between just 10% to more than 90%.
83. Machines that are set to pay out frequently are likely to be smaller in payouts and smaller jackpots.
84. Machines that have a higher hit rate (those that pay off often) are often called "loose" slot machines.
85. Machines that have a low hit percentage (those which are set to seldom pay off) typically have large jackpots and few small pay-out amounts.
86. Machines that have a lower hit percentage (those which are designed to pay off infrequently) are often known as "tight" slot machines.
87. There is no one "good" type of machine. It is all dependent on the player.

Strategies for Playing Slots and Gaming

88. Slots are random and no strategy can be used to win long-term.
89. Before you begin your session of playing slots, determine how much you'd like to win. You must decide when you will withdraw your winnings.
90. Choose an online site which does not have the requirement of a wagering requirement, which must be fulfilled before you are able to take your money out.
91. With all other factors being equal, choose the online site that offers the biggest bonus to new players.
92. Since the house has an advantage in slot machines, betting with low bets over long time is a sure-fire strategy to lose.
93. The best way to increase your chances of winning is in knowing the type of machine you should play.
94. Avoid slots with large jackpots when selecting a machine to play. The best chances of winning are with machines with smaller jackpots because they pay more often.
95. You can only play on tiny jackpot machines with as many beneficial bonus features as possible.
96. To improve your odds of winning, search for machines with multipliers and wild symbols.
97. Seek out slots with second-screen bonuses or free spins to increase your odds of winning.
98. Be on the lookout for machines that have the "gamble" feature, in which you can bet at a double or even nothing for up to 5 times.
99. If you hit the winnings you have set for yourself, STOP and cash in your winnings.

In the end, there are two fundamental rules for every form of gambling, including online gambling that you should be aware of and that are worth being reiterated:

100. Never bet using "dear" money. Only play using "excess" cash. In other words, never play with money that you'll require, or may need to cover your daily living expenses.
101. You can set a limit on the amount you will lose and what you are able to afford and then adhere to it.


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