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Although many of the same gambling tips you learned at Las Vegas may be applicable to online gaming It is crucial to understand that there are significant differences. Online gambling can be a fun and rewarding hobby if you are familiar with the rules and suggestions from fellow players.
Very Important Rules for Every Game
1. Never chase after your losses. Do not increase your stakes just because you're losing.
2. Don't bet on any game you're not familiar with. Study it first.
3. Don't gamble and drink at the same. Gambling is a difficult game, even if your senses are alert.
General Guidelines for Money Management
4. It is more common to lose rather than win and the longer you gamble, the more likely that this will be. It's the same regardless of whether you're talking about hands of blackjack, rolls of the roulette wheel or throws of the dice.
5. To be successful, you need to maximize your wins and minimize your losses.
6. You can learn and remember the odds of winning at the game you're playing.
7. Don't gamble using your "dear" money. Only gamble with your "excessive" funds. Also, don't gamble with money you won't need or could require to cover your daily living expenses.
8. This is especially important when you are playing online against other players. It is not advisable to gamble using your "dear money". The other player will feel your stress and might play with a vengeance to get you out of betting.
9. Make sure you stick to the amount of your stop loss. Divide your bankroll for gambling into four equal portions. Each of these funds should be split into four smaller portions. If you fail to win one of the smaller amounts, change tables or games or just take a break. If you lose the whole amount.
10. Be disciplined and stay away from the gambler's demise of going to your next allotment just because you feel like your luck "just needs to change."
11. Make plans ahead. When you start a betting session determine the amount that you would like to bet (be real) and when you reach that point put the money away and walk away.
12. If you're winning and you are winning, take a small amount of money from your bankroll for gambling and deposit it into a "do not touch" account to shield the rest from risk.
13. No money management system will ever beat the advantage of the house in the long term. It is always more risky to lose than you make. The trick is to must win more big bets and lose more small bets.
Money Management - Positive Progress Systems
14. A positive progression system can allow players to boost their winnings as well as decrease your losses. In order to use this method correctly, you should set up a "standard" betting system.
15. Your "standard" betting unit should be a suitable percentage of the gambling bankroll you'll be working with during a particular session. For best play games , if your session's bankroll is $100, you might make your "standard" betting unit $10.00. This way you would be able to participate in at least 10 betting events without getting out of money, even if you failed to win the entire 10 events in succession.
16. These systems will help you win large amounts in hot streaks and reduce your losses during cold streaks.
17. An example of this strategy is to add one-half of the amounts you win to the next bet. Blackjack is a good illustration of this method. If you win a hand using the $10.00 standard betting unit, then you'll add $5.00 on the next hand, making it $15.00. If you bet $22.50 bet then you'd be adding $7.50 to your $15.00 winning hand. When you eventually lose a hand, return to your "standard" bet of $10.00 for the next hand, and then start the system all over. The increase of 50% is only estimates in real life.
18. A more complex method is to ensure that you divide your money into a set number of units, and then place one unit for each race. As you win, your total account grows, and each unit will grow and you'll be betting greater amounts. As you lose money, your units, and bets, decrease.
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 instance, you could taking a portion of your winnings to the "do not touch" bankroll if you have two bank accounts. If you have a long winning streak with a Positive Progression System, your gains can be astronomically increased.
Money Management - Negative Progression Systems
20. A Negative Progression System is a system where you increase the amount you bet in the event of losing and reduce the bets when you are successful. Again, to use this method properly, you must create your "standard" betting unit.
21. Martingale System is the most popular negative progression system. This system will double your stake if you lose and then returns you to your standard betting unit in the event that you succeed. For instance, when you play blackjack, when you place a bet of $10.00 and lose, you'd bet $20.00 on the following hand. The stake would be reduced to $10.00 in the event that you win the hand. In all forms of gambling, the Martingale method will fail in the long run.
22. This method can be frustrating as you only get the "standard" system during hot streaks. In cold streaks, you'll lose more and more.
23. Be aware that you have the option of drawing money from winnings to a gambling bankroll and keep it in an account that is a "do NOT touch" account.
Roulette Roulette
24. American roulette is among the most difficult casino games you can play since the house advantage in normal rules is 5.26 percent or more.
25. European roulette offers a lower house advantage according to the normal rules of 2.7 percentages due to the smaller number of slots that have only one "0" instead of the "0" and "00" in American roulette.
26. American Roulette bets provide the house 5.26 percentage advantage. The exception is the "0", 00" 1, 2, 3, combination bet, which gives the house a higher 7.89 percentage advantage.
27. Roulette betting systems all rely on the incorrect assumption that past spins can be used to predict future outcomes. If the system is not defective or has been fixed, every spin carries the same odds as any other spin.
28. Martingale is a negative progression system that's highly well-known in roulette betting (see #17). As in all other gambling games, the Martingale utilized in roulette is guaranteed to fail in the long run.
29. The house advantage is so strong that even if you're gambling for entertainment or money it is worth taking a chances with higher-paying bets.
30. Try an altered positive progression system at roulette. Divide the amount you are willing to risk in one roulette session into 35 "standard" betting units. Choose a number and place one unit on that number (must be at minimum the minimum bet on the table). Continue to play this same number until you win or lose your 35-unit bankroll. You could win by placing two units on the same number. If you win, you can continue to bet on that number for two more units until you've exhausted your bankroll. If you are a winner again take a break!
31. Roulette is a slow-moving game when compared to other online games, so it should take you longer to lose your bankroll.
32. Don't play roulette in order to win money; the odds are too stacked for the house. Roulette is a game for enjoyment and to have fun without risking any of your hard-earned cash.
Baccarat
33. Baccarat is among the most basic casino games and has an extremely low house edge of only 1.06 percent.
34. A table could have anywhere from 12 to 14 players. The dealer's job is passed around as the dice are scattered around at a Craps table.
35. Every hand is bet by any player. Bets can be placed on the "player", the "dealer" or a tie. Baccarat except for the tie wager, is much like betting on heads when flipping of the coin.
36. The player and the banker cannot make decisions about play. However, the rules of the game determine what is expected of every hand. The house dealer will oversee the game and guide the game accordingly.
37. Winning bets on either the player or the dealer pay both even money, minus an additional 5% commission. This is due either during the bet or after the player leaves the table.
38. Tie bets are usually 8-1, but with a 5% discount.
39. In an 8-deck game, the house edge is slightly lower for a "banker bet" and significantly higher for an "tie bet" which is why it's the most sensible to place your bets on the banker.
40. Card counting is useless in online gambling because the decks are usually shuffled immediately after each hand of baccarat.
Playing Blackjack
41. Blackjack offers one of the lowest house advantages at about .60 percent, but experienced players can actually create situations that give the player an advantage.
42. For the serious player there are a variety of complex strategies that require time and effort to master.
43. Don't simply sit at an uninviting table. Blackjack is often a game of streaks so be sure to watch the table for a few hands to determine if it is an icy or hot table for the players.
44. "Soft" hand is a "soft" hand one with an Ace that can be counted as an 11 or a 1 in value, but still keeping the hand's total at 21 or less.
45. A "hard" hand is a hand that has an Ace and must be counted at a single value in order to keep the hand's total of 21 or less.
46. An amateur or social player should stick to the generally accepted guidelines of the standard blackjack strategy.
47. Don't be afraid to play the risk of a card that could hurt you. Never be afraid to take any card that could bust you.
48. Check out one of the excellent books on counting cards if are serious about blackjack and willing to put in a lot of time learning and perfecting your game. As in all online gambling counting cards is of no value since the deck(s) is usually shuffled after each hand. This could prove beneficial for a single hand in blackjack when there are numerous players.
Blackjack for a Win The Best Ways to Win
49. Always divide Aces and 8s, because the odds are high that the new hands will be dramatically better than either the soft 12 or hard 16.
50. If the dealer shows a 5, 6, or 4, you must stand with at least 12. The odds are good that the dealer might break with the next card or you'll bust if you take another card.
51. If the dealer has an Ace through a 7 then take a stab at any lower than a hard 17. Don't be afraid of busting!
52. If you're dealt an 11. Always double your wager.
Blackjack to Lose: The Most Risky Move
53. Never split 10s because you may very well be trading one excellent hand for two mediocre or worse hands.
54. Never take insurance since the odds are heavily in favor of the dealer. You could trade a higher chance of getting a 1.5-to-1 payout for an even money payout regardless of whether you have a blackjack.
55. Never stand with a soft hand that's less than a soft 17.
Craps is a game to play
56. Craps provides players with some of the most exciting and exciting dice games. There is a 1.41% house edge and even less for some bets.
57. Craps is a complex game, so make sure you read a good guidebook if your aim is to be a professional.
58. You must establish a common betting system that is less in all other casino games. Because of craps, it's simple to earn massive amounts of money over a long roll.
Craps for Win - The Best Bets
59. If you're just looking to enjoy the game but you play as if you know the rules, you can try a very simple strategy starting with a new roller.
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 could place a minimal amount on your standard unit bets on the Pass Line or Don't Pass Line, and then save the remainder of your unit to "take all" after the point has been established. This will give you true chances of winning the back bet, without house edge.
63. Make a bet on either the number 6 or 8 in dollars which are multiples of 6. This bet comes with an 1.52 house edge and you will win $7.00 when the number is rolling.
The Craps game is a losing bet The Most Risky Bet
64. All of these bets offer amazing payouts, but those high payouts are not enough to cover the massive house advantage.
65. The "Any 7" bet, where you bet that the next roll will produce 7 has the lowest odds of winning, with an approximate 17% house advantage.
66. It is also possible to bet on "Any Craps", where you bet on the possibility that the next round will be a 2, three or a 12. This bet has poor odds and a house advantage around 11 percent.
67. The "Hardway" bets as well as the "Big 6" and "Big 8" bets are also poor odds and have a house advantage of from 9% to 11 percent.
Texas Hold-'Em Poker
68. The more players at the table the higher chances are that at the very least one other player has a strong pocket hand. Therefore, be extra cautious when you betting on the flop prior to your bet.
69. If you don't have a great kicker, be careful about betting on high-preflop cards.
70. It is important to determine in advance what kind of players you'd like to play with: aggressive or cautious. Keep this in mind and adjust your strategy throughout the game.
71. In games where notes are permitted, take note of any player who has tendencies that you recognize. They could be at a different table.
72. Make a bet or raise using an impressive hand. Don't allow other players to get free cards that could turn their marginal hand into a strong one.
73. Be be unpredictable. Vary your play to make it clear to your opponents that you are an active or cautious one.
74. Avoid bluffing too often. Try to build an image of being cautious at the table, so when you do bluff , others may think that you are a savvy player and are less likely to call your call.
Playing Slots - The Facts
75. Online slot machines generally cost more than live casinos.
76. If you spin the machine's wheels, numbers do not appear in a specific order. The numbers are selected continuously, not only when the handle is pulled. The numbers displayed on the wheels are randomly selected at the instant that the handle is pulled or when the spin button is pushed.
77. It is difficult to know the moment a machine is likely to strike.
78. It is possible for machines to operate for lengthy periods of time without winning a big jackpot, or be able to win a large amount of money in a single go. It's all random.
79. The amount of coins you select to play only affects the amount of money you wager; it does not influence the selection of the numbers.
80. Slot machines can be set with different payback percentages, as well as various hit percentages.
81. Payback is the percentage of money the machine will return over the long-term to the players. It could range from 75% to as high as 99%.
82. The hit percentage is the amount of times the machine pays out money following an initial spin. It can vary from under 10% to more than 90 percent.
83. Machines that are set to pay out frequently are likely to be smaller in payouts and less large jackpots.
84. Machines with a high hit rate (those that pay off often) are often referred to as "loose" slot machines.
85. Machines that have the lowest hit rate (those which are unlikely to pay back) will often have larger jackpots but smaller payout amounts.
86. Machines that have a lower hit percentage (those that are set to pay back frequently) are often referred to as "tight" slots.
87. There isn't a universally recognized "good" slot machine, it all depends on the particular player, and whether they'd prefer small, small payouts or the chance to win a huge jackpot.
Strategies for Playing Slots and Gaming
88. Slot machines are random and there is no strategy that can be employed to be successful long-term.
89. Before you begin a session of gambling on slots decide on the amount you'd like to take home. Decide when you'll cash out your winnings.
90. You must select a casino online which doesn't have wagering requirements before you can withdraw money.
91. All other things being equal, choose the online site that offers the biggest incentive to new players.
92. Making small bets for prolonged periods of time is a certain chance to lose, as the house has a greater edge when it comes to slot machines.
93. The key to improving your chances of winning lies in knowing which kind of machine to bet on.
94. Beware of slots with huge jackpots when selecting a slot machine to play. The highest chances of winning are found in machines with smaller jackpots as they will pay out more frequently.
95. Play only on small jackpot machines with the most beneficial bonus features as you can.
96. To improve your odds of winning, you should look for machines that have multipliers and wild symbols.
97. Look for slots offering second-screen bonuses or free spins that increase the odds of winning.
98. Find slots that offer what is known as the "gamble" feature. This means that the winnings can be redeemed at double-or-nothing up to five times.
99. If you hit the winnings you have set for yourself, Stop and cash in your winnings.
There are two crucial rules that all gamblers, even online, must follow. These rules should be reiterated.
100. Never bet with your "dear" money. Only gamble with "excessive" money. Also, do not gamble with money that you'll require, or might need to cover your daily living expenses.
101. Limit the amount of money you're willing to risk and have the money to lose. Then stick to it.
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