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While many of the gambling strategies you were taught in Las Vegas may be applicable to online gaming but it is essential to be aware of critical differences. With a thorough understanding of the specifics of the game you're playing, and armed with some betting tips and tricks from experienced online players, you will find online gambling not only an exciting and thrilling experience but also an opportunity to turn your gambling hobby into a profitable business.
Important Rules for Every Game
1. Never chase after your losses. Don't increase your bets since you're losing and wish to make amends; instead, increase your bets as part of a planned strategy.
2. Avoid betting on any game you don't know about. It is crucial to know it.
3. Drinking and gambling shouldn't be mixed together. Gambling is a difficult 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 is that the fact will be. And it's true whether you're talking about blackjack hands, rolls of roulette or throws of dice.
5. The key to winning is to increase your winnings and reduce your losses.
6. Learn and memorize the odds of the specific game you've decided to play, as well as the best strategies to use to maximize your winnings at that particular game.
7. Never gamble with "dear" money; only bet with "excess" cash. Don't bet with money you don't really need or might require to cover your everyday living expenses.
8. This is doubly important if you are playing online against other players. You should never gamble with your "dear money". The other player will feel your stress and may play aggressively to get you out of a bet.
9. Set a stop loss amount and stick to it. Divide your gambling account into equal amounts. Divide each one of them into four parts. If you fail to win one of the smaller amounts, switch tables or games or just have a break. If you are unable to recover your whole first amount, you must quit playing for the rest of the day.
10. Be calm and don't let your gambling addiction lead you to gamble with the next amount.
11. You can prepare ahead. Prepare ahead.
12. When you are winning and you are winning, take a small amount of money from your bankroll for gambling and place it in a "do not touch" bankroll to safeguard the rest from risk.
13. A money management system cannot ever be able to overcome the advantage of the house over the long term. You will always lose more than you win. The most important thing is that you must win more big bets while losing less bets.
Money Management - Positive Progression Systems
14. Positive Progression Systems are one that allows you to increase the amount you bet in the event of winning and decrease the amounts of your bets when you lose. This method is only available with a standard betting device.
15. The "standard" unit of betting should equal a certain percentage of your bankroll to gamble for that particular session. If the bankroll for your session is $100, your"standard" betting unit might be $10.00. In this way, you'll be able play at least 10 betting events without being unable to play even if you failed to win all of the events in a row.
16. These systems can allow you to gain a lot of money during hot streaks , while minimizing your losses during cold ones.
17. A common example of this strategy is to add one-half of the amounts you win to your next bet. Blackjack is an example of this strategy. If you are successful in winning a hand with the $10.00 normal betting unit, you would add $5.00 on the next hand to make it $15.00. If you are able to win, you would add $7.50 to $15.00 for a bet of $22.50 for the following hand. If you lose a hand, just return to the $10.00 standard betting unit and start over. The percentages of 50 percent are just an estimation in the real world.
18. A more complicated method is to keep your money divided into units, then put one unit in each occasion. When you win, your account grows, and each unit will increase and you'll be placing larger amounts. If you lose money, your units and bets, become smaller.
19. Create a plan for drawing some of the winnings from your gambling bankroll periodically to deposit it into your "do not touch" bankroll. You could, for instance, take half of your winnings to the "do NOT touch" account if you have two bank accounts. If you experience a long winning streak with the Positive Progression System, your gains can be astronomically increased.
Money Management - Systems for Negative Progression
20. A Negative Progression System (NPS) is a method in which you increase your stake when you lose , and reduce the amount of bets when you win. For you to make the most of this system you must establish your "standard" betting unit.
21. The most common negative progression system is the Martingale System. The Martingale System doubles your stake if you lose and then returns you to your standard betting unit when you are successful. If you fail to win a blackjack game, you'd place a bet of $10.00 to win the next one. The stake would be reduced to $10.00 in the event that you succeed in winning the hand. The Martingale system is a failure across all gambling forms.
22. This system can be frustrating because you can only get your "standard" unit in hot streaks. When you are in cold streaks, you're constantly losing more and greater sums.
23. Remember that you have the option of drawing money from winnings to an account that is a bankroll for gambling and store it in a "do NOT play with" account.
Roulette
24. American Roulette is the most risky casino game that you could ever play, with the house advantage of 5.26% or more .
25. European roulette comes with an 2.7 percent house edge because there are less numbers that have one "0" than in American roulette.
26. All bets on in American roulette give the house an advantage of 5.26 percent, with one exception that is the "0", "00" 1,2 3 combination bet provides the house an even greater 7.89 percent advantage.
27. All roulette betting systems rely on the erroneous assumption that the outcome of previous spins will be used to predict the future outcomes. Every spin is exactly the same regardless of the degree to which the system has been altered or is defective.
28. Martingale A negative progression system that is extremely well-known for roulette betting (see #17). Martingale is a system that is utilized in roulette, as any other game, will always be unsuccessful.
29. Due to the house's heavy advantage if you are playing not just for amusement but also to earn money, it is a good idea to take a shot at betting on higher payout bets and pray that you are lucky.
30. Try a modified positive progression system at roulette. Divide the amount you are willing to lose in one roulette game into 35 "standard" betting units. Select a number and then place one unit of bet on it. Continue to play this same number until you either win or lose your 35-unit bankroll. You could win by placing two units on the same number. If you do win, continue to bet on the same number for two additional units until you've exhausted your bankroll. If you win another time, walk away!
31. Roulette is more slow than other games on the internet. This means that it can take longer for you to lose your money.
32. Don't play roulette in order to win money. The chances are too high for the house. Play roulette only as a way to have fun and to pass the time without losing any money quickly.
Gaming Baccarat
33. Baccarat is among the simplest casino games with a low house advantage of only 1.06%.
34. There may be as many as 12 to 14 players playing at a table, with the position of the dealer being passed around the table in the same way as the dice are scattered around a table of craps.
35. Every player is able to bet on every hand, and bets can be placed on the "player" or on the "dealer" or on a tie. Baccarat, with the exception of the tie wager is just like betting heads on the flipping of the coin.
36. The banker and player cannot make decisions about play. But the rules of the game dictate what should be done with each hand. A dealer from the house will oversee the game and guide the game accordingly.
37. Winning bets on either the player or dealer pay both even money, minus a 5% commission paid either at the time of placing the bet or when the player has left the table.
38. Tie bets are usually 8-1, with 5% discount.
39. A game of 8 decks has a lower house advantage for "banker bets" than for "tie betting", so it makes sense to only bet on the banker.
40. The concept of counting cards is not applicable to online gambling since the decks are generally played out immediately following each game of baccarat.
Playing Blackjack
41. Blackjack offers one of the lowest house advantage at around .60 percent, but experienced players are able to create situations that give the player an advantage.
42. There are a variety of strategies that are difficult to master for serious players.
43. Don't just sit and relax at an table. Blackjack tends to be a game of streaks, so watch a table for a few games to see if it's an icy or hot table for the players.
44. A "soft" hand refers to the hand that is an Ace and can be classified as either one or eleven in value, but maintaining the total at 21 or less.
45. A "hard" hand one with an Ace that has to be counted as a 1 value to keep the hand's total at 21, or less.
46. Social and novice players must be aware of the basic rules of blackjack basics.
47. Don't be afraid to gamble with a card that can make you bust. Don't be afraid to use a card that might make you bust.
48. Check out one of the good books on counting cards if you are serious about blackjack and willing to invest a significant amount of time practicing and perfecting your game. As in all online gambling counting cards is of minimal value as the deck(s) are usually played out after every hand. It could be beneficial to play one hand of blackjack when there are many players.
The game of Blackjack to win - The best strategies
49. Split Aces and Eights is a good strategy. Chances of having two new hands are better than the soft 12 or the hard 16.
50. If the dealer shows 5-6 or 4, you must bet on at least 12. If the dealer shows a 4 6, 5, or, chances are that they will break on the next card.
51. If the dealer has an Ace through a 7, take a hit on any lower than a hard 17. Don't be afraid of busting!
52. Always double your bet when you're dealt an 11.
Blackjack to Lose: The Most Risky Move
53. Don't split 10s as you may be trading one hand for another.
54. Never take insurance since the odds favor the dealer. You could trade a higher chance of winning a 1.5-to-1 payout for an even money payout regardless of whether you have blackjack.
55. Never let a weaker hand stop you from achieving your goals.
Craps
56. Craps provides players with some of the most thrilling and exciting dice games. It has an 1.41 percentage house edge and it is even lower for certain wagers.
57. Craps is a complex game, so if are going to be a serious player read and absorb a good books on systems.
58. It is recommended to establish a standard betting unit that is lower than other games at casinos. Because of craps, it is easy to make huge amounts of cash during an extended roll.
Craps to Win - The Best Bets
59. If you're looking to enjoy the game however, you must play with the confidence of knowing how to play, then try a very simple strategy beginning with a new ball.
60. The Don't Pass line has fairly decent odds, with only a 1.40 percentage house advantage.
61. With a house edge of just 1.41 percent with a house advantage of just 1.41%, the Pass Line offers good odds.
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 rest of the unit to "take all" once the point is established. This gives you real chances of winning the second bet with no advantage for the house.
63. Bet on the six or the eight in dollar amounts that are a multiple of six. This bet comes with a 1.52 house edge and you will be rewarded $7.00 if the number gets roll.
Gambling Craps to lose the most risky bet
64. These bets all offer high payouts, but they do not compensate for the large house edge.
65. The "Any 7" wager, in which you bet that the next roll will produce 7 has the lowest odds of winning, with an approximate 17% house advantage.
66. You can also bet on "Any Craps" which is betting on the probability that the next roll is a 2,, 3 or 12. This bet comes with poor odds, and has a house advantage of just above 11 percentage.
67. The "Hardway" bets and the "Big 6" and "Big 8" bets are also poor odds with a house advantage between 9% and 11%.
Texas Hold-'Em Poker
68. The more players there are at the table, the greater chances are that at the very least one player is playing a strong pocket hand. Therefore, be cautious about your pre-flop bets.
69. Be cautious when betting on a high pre-flop card unless you have a good kicker too.
70. You should determine early which kind of players you would like at your table: aggressive or cautious. Be aware of this and make adjustments during the course of play.
71. Notes are allowed during games. You are able to make notes on players with tendencies you recognize. You may see them in the future at a different table.
72. You can bet or raise with an established hand. Beware of other players to get cards that can weaken your marginal hand.
73. Be flexible and don't be prescriptive. Vary your play to confuse opponents about whether you're an more aggressive or a prudent one.
74. Avoid bluffing best site . Do your best to establish a reputation for being prudent at the table, so that when you do bluff , others are likely to think that you are a savvy player and are less likely to challenge your Bluff.
What is the best way to play Slots What You Need to Know: Facts
75. The payback percentages for online slot machines are generally superior to the payback rates in live casinos.
76. If you spin the slot machine's wheels, the numbers do not appear in a specific order. The numbers are chosen continuously and not just when the handle is pulled. Randomly the numbers shown on the wheels will be chosen when the handle is pulled or when the button is press.
77. It's difficult to know when a machine is about to be struck.
78. It's possible for machines to operate for lengthy periods of time without a huge jackpot, or it can win several large jackpots simultaneously. It's all random.
79. The amount you bet on the number of coins that you choose can only influence the outcome of the game. It will not affect the number of coins you choose to play.
80. Slot machines can be set with different payback percentages and also different hit percentages.
81. Payback is the amount of the bet the machine returns to the players in the long-term. It typically ranges between 75% and as much as 99%.
82. The hit percentage is the percentage of times the machine makes money after an initial spin. This can vary widely, from less than 10% to over 90%.
83. Machines that pay out frequently tend to have lower payouts and lower jackpots.
84. Machines that have a high hit percentage (those which are designed to pay out frequently) are normally called "loose" slots.
85. Machines with the lowest hit rate (those which are unlikely to pay off) will often have larger jackpots but smaller payout amounts.
86. Machines that have a lower percentage of hits (those that are set to pay back frequently) are normally called "tight" slot machines.
87. There is no one "good" type of machine. It is all dependent on the player.
Strategies to play slots
88. Because of the random nature of each individual machine , there is no way to determine which strategy can be successful in the long haul on slots.
89. Before you start a gambling session on the slot machines, you must decide on the amount you wish to win and resolve to withdraw your cash at the time you've reached your goal.
90. It is recommended to select a casino online that doesn't require wagering before you are able to withdraw funds.
91. All other things being equally, select the site that offers the biggest bonus for new players.
92. Because the house has an advantage in slots, playing with low bets over long time is a sure-fire strategy to lose.
93. The best way to increase your odds of winning lies in knowing what type of machine you should bet on.
94. Avoid large jackpot slots when selecting a machine to play. The best chances of winning are in machines with smaller jackpots, because they pay more often.
95. Make sure you only play for small jackpots that have the most bonus features you can.
96. To increase your chances of winning, you should look for machines that have multipliers as well as wild symbols.
97. To boost your odds of winning, try slot machines that have bonus features or free spins.
98. Be on the lookout for machines with the "gamble" feature, which means you can gamble for nothing or double for up to 5 times.
99. If you hit the winnings you have set for yourself, stop and cash out your winnings.
There are two crucial guidelines that every gambler, even online, must follow. These rules should be reiterated.
100. Don't gamble with your "dear" money. Only gamble with "excessive" money. Also, don't gamble with money you don't really need or might need to pay for your everyday living expenses.
101. You can decide on the amount of money you'll lose and how much you're able to manage to lose and then stick to the limit.
Homepage: http://www.goldenarchpartners.com/make-money-on-the-internet/
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