101 Gambling Tips For the Avid Gambler

While many of the gambling facts you may have picked up in Las Vegas can be useful in online gambling it’s important that you realize there are some critical differences. But with a knowledge of the facts surrounding your chosen game, and armed with some gambling tips from experienced online players, you will find online gambling not only a fascinating and exciting adventure bit also an opportunity to turn your gambling hobby into a profitable venture.

Critical Rules for Every Game

1. Never chase after your losses. Don’t increase your bets because you’re losing and want to get even; only increase your bets as part of a pre-determined strategy.
2. Don’t gamble at any game that you don’t understand. Learn it first.
3. Don’t gamble and drink at the same. It’s hard enough to win at gambling even without dulled senses.
Money Management – General Guidelines
4. You will lose more often than you win and the longer you play the more likely that fact is. And it’s true whether you’re talking about hands of blackjack, rolls of the roulette wheel or throws of the dice.
5. The key to winning is to maximize your wins and to minimize you losses.
6. Learn and memorize the odds at the particular game you have chosen to play as well as the best strategies to use in an effort to maximize your winnings at that particular game.
7. Never gamble with “dear” money; only gamble with “excess” money. In other words, never gamble with money that you will need, or may need, to pay your everyday living expenses.
8. If you’re playing against other players online this is doubly important. The minute you start gambling with “dear” money the other player will sense your heightened stress and play accordingly – often bullying you out of a bet because they know you are more tentative with your “dear” money.
9. Set a stop loss amount and stick to it. Divide your total gambling bankroll into four separate amounts. Divide each of those amounts into four smaller amounts. If you lose one of the smaller amounts, change tables or games or just take a break. If you lose your entire first allotment, stop gambling for the day.
10. Be disciplined and avoid the gambler’s demise of going into your next allotment because you feel like your luck “just has to turn around.”
11. Plan ahead. When you start a gambling session determine the amount that you want to win (be realistic) and when you reach that point put the money away and walk.
12. When you are winning, draw some money occasionally from your gambling bankroll and put it into a “do not touch” bankroll to protect that portion from further risk.
13. No money management system will ever overcome the house advantage over the long term. You will always lose more often than you win. The key is that you must win more big bets and lose more small bets.

Money Management – Positive Progression Systems

14. A Positive Progression System is one in which you increase the amount of your bets when you win and decrease the amounts of your bets when you lose. To use this system properly you must establish a “standard” betting unit.
15. Your “standard” betting unit should be a comfortable percentage of the gambling bankroll that you will be working with for a particular gambling session. For example, if your session’s bankroll is $100, you might make your “standard” betting unit $10.00. This way you would be able to play at least 10 betting events before running out of funds even if you lost all 10 events in a row.
16. These systems allow you to win relatively large amounts during a hot streak while helping to minimize your losses during cold streaks.
17. A common example of this strategy is to add one-half of the amounts you win to your next bet. For example, at blackjack if you win a hand with your “standard” betting unit of $10.00 you would add $5.00 to the bet on the next hand for a total bet of $15.00. If you win that hand you would add $7.50 to the $15.00 for a bet of $22.50 on the next hand. When you eventually lose a hand, return to your “standard” betting unit of $10.00 on the next hand and start the system all over. Of course in practice these increases of 50% will be approximate.
18. Another more complicated system is to always keep your bankroll divided into a certain number of units and then bet one unit on each event. As you win, your total bankroll becomes bigger so each unit will grow and you’ll be betting larger amounts. As you lose, your units, and bets, become smaller.
19. Establish a system for drawing some of the winnings from your gambling bankroll occasionally to put it into your “do not touch” bankroll. For example, when you double your bankroll you might take one-half of the winnings to put into the “do not touch” bankroll. If you experience a long winning streak using a Positive Progression System the winnings can grow dramatically.

Money Management – Negative Progression Systems

20. A Negative Progression System is one in which you increase the amount of your bets when you lose and decrease the amounts of your bets when you win. Again, to use this system properly you must establish your “standard” betting unit.
21. The most common negative progression system is the Martingale System. Here you double the amount of your bet if you lose and return to your “standard” betting unit when you win. For example, at blackjack if you bet $10.00 and lose you would bet $20.00 on the next hand. If you win that hand you would then reduce your bet to the “standard” $10.00 bet for the following hand. In all gambling, the Martingale system will always fail in the long run.
22. This system can be very frustrating because during a hot streak you are winning only your “standard” betting unit. And during cold streaks you are continually losing bigger and bigger amounts.
23. Remember, draw some money occasionally from your gambling bankroll winnings and put it into a “do not touch” bankroll.

Playing Roulette

24. American roulette is one of the worst casino games that you can play because the house advantage under standard rules is 5.26% or higher.
25. European roulette offers a lower house advantage under standard rules of 2.7% because there are fewer slots with only one “0” as opposed to the “0” and “00” in American roulette.
26. All bets on in American roulette give the house an advantage of 5.26% with one exception: the “0”, “00”, 1, 2, 3 combination bet gives the house a much larger 7.89% advantage.
27. All roulette betting systems rely on the inaccurate assumption that the result of previous spins can predict future results. Unless the system is defective or fixed, each spin carries the same odds as every other spin.
28. The most popular betting system at roulette is the negative progression system known as Martingale (see #17). As in all other games, the Martingale used in roulette will always fail in the long run.
29. Because of the heavy house advantage if you are playing not just for amusement but to win money you might as well take a shot at the higher payoff bets and hope that you get lucky.
30. Try a modified positive progression system at roulette. Divide the amount you are willing to lose at one roulette session into 35 “standard” betting units. Pick one number and bet one unit on that number (must be at least equal to the table minimum bet). Continue playing one unit on that same number until you either win or run out of your 35 unit bankroll. If you win, bet two units on the same number and continue betting two units on that number until you either win or lose your bankroll. If you win again, walk away!
31. Roulette is a relatively slow moving game compared to other online games, so it should take you a longer time to lose your bankroll.
32. Do not play roulette as a way to win money; the odds are too heavy in favor of the house. Play roulette only as a way to have fun and pass the time without losing a lot of money quickly.

Playing Baccarat

33. Baccarat is one of the easiest casino games to play and offers a relatively low advantage to the house of just 1.06%.
34. There may be as many as 12 to 14 players at a table, with the role as dealer passed around the table much as the dice are passed around a craps table.
35. All players may bet on each hand and the bets are either on the “player”, on the “dealer” or on a tie. With the exception of the tie bet, baccarat is much like betting heads or tails on the flip of a coin.
36. Neither banker nor player can make any decisions regarding play; the rules of the game stipulate what must be done with every hand and a house “dealer” supervising the game will direct the play accordingly.
37. Winning bets on the player or the dealer both pay even money, minus a 5% commission paid either at the time of the bet or when the player leaves the table.
38. Winning bets on a tie usually pay 8 to 1, again minus a 5% commission.
39. In an 8-deck game, the house advantage is slightly less for a “banker bet” and dramatically higher for a “tie bet”, so it seems most logical to bet only on the banker.
40. As in all online gambling, card counting is meaningless because the deck(s) is usually shuffled after each hand in baccarat.

Playing Blackjack

41. Blackjack offers one of the lowest house advantages at around .60%, but expert players can actually create situations where the player has an advantage.
42. For the serious player there are many complex strategies that require time and dedication to master.
43. Never just sit down cold at a table. Blackjack tends to be a game of streaks, so watch a table for a few hands to determine if it is a hot or cold table for the players.
44. A “soft” hand is a hand with an Ace that can be counted as either a 1 or an 11 in value and still keep the hand’s total at 21 or less.
45. A “hard” hand is a hand with an Ace that must be counted as 1 in value in order to keep the hand’s total at 21 or less.
46. A beginning or social player should stick to the generally accepted rules of the basic blackjack strategy.
47. Never be afraid to take a card that might bust you. Always play the odds; don’t let the fear of a bust stop you from taking a card when you know it’s the option with the highest probability of success no matter how small that probability may be.
48. Read one of the many excellent books on counting cards if you are serious about blackjack and willing to spend a lot of time practicing and perfecting your play. As in all online gambling, card counting is of little value because the deck(s) is usually shuffled after each hand. In blackjack, however, with many players at a table it may be beneficial for that one hand.

Playing Blackjack to Win – The Best Moves

49. Always split Aces and 8s as the odds are good that the two new hands will be dramatically better than either the soft 12 or hard 16.
50. Stand with a hard 12 or higher when the dealer is showing a 4, 5 or 6. The odds are good that the dealer may bust on the next card or that you will bust if you take another card.
51. Take a hit on anything below a hard 17 when the dealer is showing a 7 through an Ace. Don’t be afraid to bust!
52. Always double your bet when you’re dealt an 11.

Playing Blackjack to Lose – The Worst Moves

53. Never split 10s because you may very well be trading one excellent hand for two mediocre or bad hands.
54. Never take insurance since the odds significantly favor the dealer. Even if you’re holding a blackjack on the hand yourself you will be trading a high probability of winning a 1.5 to 1 payout in exchange for a guaranteed even money payout.
55. Never stand with a soft hand that totals less than a soft 17.

Playing Craps

56. Craps is an entertaining and fast paced dice game that offers some of the best odds for players, as low as a 1.41% house advantage and even lower for some bets.
57. Craps can be a very complicated game so if you are going to be a serious player read and absorb a good systems book.
58. Establish a “standard” betting unit that is lower than your “standard” betting unit in most other casino games because in craps it’s easy to get a lot of money on the table quickly during a long roll.

Playing Craps to Win – The Best Bets

59. If you just want to enjoy the game but play like you know what you’re doing, try a very simple strategy starting with a new roller.
60. The Don’t Pass line offers relatively good odds with just a 1.40% house advantage.
61. The Pass Line also offers relatively good odds with just a 1.41% house advantage.
62. Place a minimum amount of your “standard” unit bet on either the Pass Line or the Don’t Pass Line and save the majority of the unit to “take the odds” after the point is established. In doing this you will get true odds on that backup bet with no house advantage at all.
63. Place a bet on the six or the eight in dollar amounts that are a multiple of six. The house advantage on this bet is only 1.52% and if the number is rolled you’ll win $7.00 for every $6.00 you bet.

Playing Craps to Lose – The Worst Bets

64. All of these bets offer impressive payouts but even those high payouts are not enough to offset the big house advantage.
65. The “Any 7” bet, where you bet that the next roll will be a 7, provides the worst odds on the table with a house advantage of almost 17%.
66. The “Any Craps” bet, where you bet that the next roll will be a 2, 3 or 12, also offers bad odds with a house advantage of just over 11%.
67. The “Hardway” bets and the “Big 6” and “Big 8” bets are also poor odds with a house advantage of from 9% to 11%.

Playing Texas Hold-‘Em Poker

68. The more players there are at the table the higher the odds that at least one other player has a strong pocket hand, so be more cautious with your pre-flop betting.
69. Be careful betting a high pre-flop card unless you have a good kicker as well.
70. Determine early the types of players at your table – aggressive or cautious – and remember and adjust your determinations throughout the game.
71. At games where notes are allowed make a note on any player whose tendencies you identify. You may see them later at another table.
72. Bet or raise with a good hand; don’t let other players get free cards that might make their marginal hand into a strong one.
73. Don’t be predictable. Vary your play to confuse your opponents as to whether you are an aggressive or cautious player.
74. Don’t bluff often and try to establish a cautious reputation at the table so that when you do bluff your opponents will think you must have a good hand and be more reluctant to call your bluff.

Playing Slots – The Facts

75. The payback percentages for online slot machines are generally better than the payback percentages in live casinos.
76. The numbers revealed on a spin of the wheels on a slot machine do not show up in any order. The numbers are being selected constantly, not just when the handle is pulled. The numbers to be displayed on the wheels are randomly selected at the instant that the handle is pulled or the spin button is pushed.
77. It’s impossible to tell when a machine is about to hit.
78. A machine can go for very long periods of time without a significant jackpot or it could register several large jackpots in a row. It’s all random selection.
79. The number of coins you choose to play affects only the amount of your bet; it does not influence the selection of the numbers.
80. Slot machines can be set with different payback percentages as well as different hit percentages.
81. Payback is the percentage of the money bet that the machine will return to the players over the long term. It usually ranges from 75% to as much as 99%.
82. The hit percentage is the percent of the time that the machine will payout some money on a spin. This can vary widely, from under 10% to over 90%.
83. Machines that are set to pay off frequently will usually have more small payout amounts and fewer large jackpots.
84. Machines with a high hit percentage (those that are set to pay off frequently) are normally referred to as “loose” slots.
85. Machines with a low hit percentage (those that are set to seldom pay off) will usually have more large jackpots and few small payout amounts.
86. Machines with a low hit percentage (those that are set to pay off infrequently) are normally referred to as “tight” slots.
87. There is no universally accepted “good” slot machine; it depends on the individual player and whether he would prefer many small payouts or a chance for one large jackpot.

Playing Slots – Strategies

88. Because of the random nature of each individual machine no gaming strategy will work over the long run on slots.
89. Before you start a gambling session on slots determine the amount you want to win and resolve to withdraw your cash when you reach that goal.
90. Choose an online site that does not have a wagering requirement that must be met before you can withdraw your money.
91. With all other factors being equal, choose the online site that offers the biggest bonus to new players.
92. Because the house has an advantage in slots, playing with small bets for long periods is a sure-fire strategy to lose.
93. The key to improving your odds of winning lies in knowing which type of slot machine to play.
94. When selecting a slot to play, avoid those with huge jackpots; the best odds of winning lie in the machines with small jackpots because their most frequent payoffs will be of medium size.
95. Play only on small jackpot machines that offer as many beneficial bonus features as possible.
96. Look for machines that offer wild symbols as well as multipliers to improve your odds of winning.
97. Look for slots offering second-screen bonuses or free spins to improve your chances of winning.
98. Look for slots offering what is known as the “gamble” feature where your wins can be gambled for double-or-nothing for as many as five times.
99. When you reach your pre-determined target for winnings STOP and cash in your chips.

Finally, there are two critical rules to all gambling, including online gambling, that you must follow and these rules bear repeating:

100. Never gamble with “dear” money; only gamble with “excess” money. In other words, never gamble with money that you will need, or may need, to pay your everyday living expenses.
101. Set a limit to the amount of money you are willing to lose, and can afford to lose, and stick to it.

Looking For Gambling Tips and Advice? Try These Starter Strategies

A quick look at the world of gambling tips reveals at least two general categories for guidelines and hints to help you win money online. Long-time writer and casino expert Gayle Mitchell offers a list of single-sentence tips that leave the thinking to the player. This sort of tip is self-explanatory and easy to follow.

For example, Mitchell’s workshops and seminars advise casino players to change $1, $5, $10 and $20 bills into coins, then carry the coins in a bucket so that you can judge your bankroll based on the contents of the bucket. This might be great advice for someone who finds it much too easy to snap that folding money off the roll.

If you’re an online player, there are similar gambling tips, such as setting specific limits for each session at the computer. For example, a player might have 1,000 points or dollars in the account and set a limit of losing 100, or 200. (The idea of when to quit is the subject of numerous articles, seminars and blogs.)

The other category that fits under the gambling tips umbrella would be gambling strategy. This advice may require more than few words to really be useful. But strategy tips are also crucial to success in a live casino or online.

An example: You can’t make a straight in poker without a 5 or a 10. That may seem to be simple enough as it is, but when you are looking at two hole cards and the three-card flop in Hold ‘Em this small tidbit becomes part of your overall strategy. This is also true when you are playing video poker and have to decide which cards to hold onto.

Of course, these two categories may not cover all the descriptions of casino tips, but they should be enough to start any player on the road to a little more success. Any assistance is welcome when you’re trying to win money online, right?

A Few Good Tips

On this subject, thousands of pages have been written, and thousands of words have been spoken. It’s impossible to cover even half of the great gambling tips and casino tips in one sitting. However, we’ll list a few of the best bits of gambling strategy in the interested of getting started.

In the video poker world, Mitchell suggests asking the moneychangers where casino employees play video poker. This could lead you to the best two or three machines in the building. She also urges video-poker enthusiasts to know about full pay and short pay. Full-pay machines offer maximum payback for the type of game – $99 out of each $100 that is bet, for example. Look at the payout tables and see if you are at a full-pay machine (nine coins for a full house and six for a flush.)

In video poker, you can throw away all five cards. Some experts gambling strategy say that a player will, over time, toss out all five cards once in every five or six hands.

Key gambling tips: Among the best bets in any casino, according to Mitchell, are a select number of slots and the full-pay video poker games. The best bet for blackjack is a table where the dealer has to stand on 17. According to this expert, keno, big wheel and double-zero roulette should be at the bottom of everyone’s play list. The bottom line for every player: Be an educated casino visitor. Check out the Frugal Gambling books by Jean Scott.

When it comes to true gambling strategy, the thinking cap has to go one and the player must devote a little more time to each issue. Let’s look at a great example from John Robison about slot play and the issue of playing full coins.

Key gambling tips: Robison and many have asked whether the additional risk of full-coin slots is rewarded with higher payback. Since this guy has a master’s degree in computer science and analysis, his study of more than 1,000 slot machines might be a good indicator of what to expect.

In the interest of keeping things simple for now, here are a few of his recommendations.

o With a straight multiplier machine, you are wasting time if you put more than one coin in at a time. Same goes for bonus multiplier.

o Play full coin on buy-a-pay machines, multi-line and on hybrid machines.

o Play full coin an progressives.

Among gambling tips, dozens of systems have been developed and tried as part of gambling strategy. For instance, the Martingale system included the advice to double the bet after every loss, so that with the first win the player would recover what was lost previously. This could work, but since each gambling event stands alone, it might take a minute or a lifetime to hit that first win.

Of course there are probabilities and expected value and so on, but if your chances are 1 in 10,000, you might have to wager 9,999 times to hit that one win. You may also lose 100,000 times before hitting ten in a row. The best advice among gambling tips would probably be: do what the winners do and hope for the best.

Online Gambling Tips – How to Win More

Online gambling has been allowed in some states and other parts of the world, and in fact, it has been one of the ‘other’ ways that you can make extra cash online. However, it is important that if you want to engage in online gambling, you have to take note that this involves a lot of risks and you have to be prepared financially and psychologically and learn some online gambling tips to help you have fun as well.

Indeed, gambling is full of risks and uncertainties and you must expect to face some these risks if you want to have some fun and at the same time make money in online gambling.

– Know the rules. Of course, your money is at stake if you engage in gambling and even if you are just in it for fun, losing everything at once may not be fun at all. Make sure also that you are not putting all your finances on the line and make sure that you enter a gambling site prepared. Preparation is important as well. Know the rules of the game and also know the gaming website.

– Only allot an amount that you can afford to lose. One golden rule in gambling and in other ventures that are too risky is to allot only a certain amount that you can afford to lose. With this, you will never deplete all your finances and you will enjoy the game. Indeed, this is one of the online gambling tips that you have to keep in mind always if you want your gambling experience a fun and exciting experience and not something that you will forever regret.

– Preparation is the key. If you plan to venture into online gambling, always familiarize yourself with the online gaming website. Also check their rules and the payouts and check as well if the site is secured and is legitimate. Also prepare your strategy in playing. If you play with big bets and you end up losing more than winning, your bankroll may end up depleted sooner than you have expected and it might not be as fun as you want it to be.

– Plan your playing speed and learn to control it. If you want to enjoy gambling, you have to control your playing speed so that you will make the most out of your time and your money. As mentioned, gambling is full of risks, so will never know if you will win or not in the next round of betting.

– Have fun. Online gambling should be fun aside from being making extra cash that you can enjoy. Sometimes you might be too engrossed of conceptualizing a strategy to win every game that you end up frustrated, and may not be fun at all. Although you need to have your own gaming strategy, you should not also forget to have some fun.

Keep in mind too that gambling is addictive, thus you may want to make sure that you have control over yourself when it comes to when to stop to avoid more losses. Learn a lot of online gambling tips from experts and you will eventually master making money in online gambling.

5 Gambling Tips You Cannot Miss!

The next time you decide to go to Las Vegas or to wherever your favorite casino maybe, make sure you follow these Five Gambling Tips You Cannot Miss. There are a few very simple things that you can do that will stretch your gambling bankroll and get the casino to reward you for your play. The five gambling tips you cannot miss are to sign up for the players club, know the rules of the game you are playing, know how much you are going to gamble, know when you will quit, and making sure you get comped for your table game play.

One of the biggest mistakes people make when they come to Las Vegas is not signing up for the casino players club when they gamble. Sometimes people simply don’t know it exists or they think they have to pay a fee to join. But signing up for a casino players club is completely free and is required in casinos if you want to be rewarded for your slot and video poker play. Another benefit to players clubs is often the casinos will send you promotions in the mail for free or discounted rooms that you can use the next time you come to Las Vegas!

The next tip you cannot miss for gambling in Las Vegas is to know the rules of the game you are playing. While this isn’t that important if you are just playing reel slots it is absolutely required if you are playing a game that requires you to make a decision. A good example is when you are playing video poker, if you don’t know the proper drawing strategy you will reduce the payback percentage of the machine. Most table games also fall into this example such as blackjack, requiring a player to decide when to hit, stand or take insurance. Not knowing the rules when you are playing a game in the casino can cost you a significant amount of money over the course of you vacation!

Another important tip when you are planning to go to a casino is knowing how much you are going to risk before you go. For example before you even walk into a casino, you should plan how much money you will lose and not go a penny over. A good way to plan this before going on vacation is to split your gambling bankroll up for each day you will be at the casino.

The next gambling tip is to plan when you are going to quit and walk away from the tables. Similar to knowing how much you are willing to risk, having a plan for when you will stop gambling when you are ahead is a must. There are few feelings worse when you are playing then being up and then losing it all back. For example if bought into a blackjack game for $500 and manage to win a little and get it up to $1000 or more, you will be quite devastated if you leave with nothing. A good tip is to plan to quit gambling after you have doubled up. The higher you set this goal the less likely you will actually reach it.

The last gambling tip that is super important is to make sure you get comped for your play. Quite similar to the first tip in this article, but this cannot be stressed enough. The casinos in Las Vegas absolutely love when you gamble and they are more than willing to give you complimentary gifts for your play. For example most casinos will comp you a free buffet for playing table games for an hour or two. One thing some people don’t realize with comps is it does not matter if you win or lose, casinos will comp you for the money you have been risking.

If you follow these five gambling tips that you cannot miss you are sure to have a much more enjoyable time the next time you go to a casino. These tips will not only make your bankroll last longer, but may help you to increase the likelihood of leaving the casino a winner, which is one of the most amazing feelings in the world!