Is it really possible to beat the casino? We’ve all heard the cliche knowledge is power, well no where is that more apparent than gambling. However, in gambling knowledge doesn’t equal power it equals money. There
are many reasons why people gamble, but the bottom line is everyone who
places a bet wants to win. If you truly want to win then you need to
educate yourself and get the facts.
We all know that luck can play a major role in short-term gambling success, but for those who gamble quite frequently luck doesn’t really have anything to do with it. Sure you may get lucky one day, one week, or even one month, but if you continue to gamble the math will soon override any luck involved. Gamblers that beat the casino over long periods of time, don’t rely on luck.
“Casinos rely on Math, Gamblers rely on luck”
This statement is true, and if you want to become a winning gambler you must try to take as much luck as possible out of the equation. Your goal is to reduce the “house edge” to as low as possible. “House edge” refers to the statistical advantage the casino has over the player. For many games that is a fixed rate that cannot be changed, but some bets have a lower fixed rate than others.
Lowering the House Edge in Roulette:
Let’s take roulette for example. If you play roulette on an US wheel, which has both 0 and 00, the house advantage is 5.26%. How is that figured out? If you place a bet on any single number you are paid 35 for every dollar bet. That means if you bet $10 you would win $350. Sounds great, but the problem is the probability of you picking the right number is 1 in 38 which is referred to as the “true odds.” If the casino was going to make it even odds, it would pay you 38 for every $1 bet, or $380 on the $10 bet. This is how casinos make money.
What can we as gamblers do about it? Our job as a winning gambler is to reduce that statistical advantage to as close to 0 as possible, and preferably put the advantage in our favor. Let’s just focus on reducing the house advantage for right now.
Let’s go back to roulette for a minute. Some people in the United States may not know that there is another European version of roulette that only has a single 0 on the wheel instead of both 0 and 00. Doesn’t sound like a big difference, but it cuts the casinos advantage in half to 2.7%. Now a player has a 1 in 37 chance vs. a 1 in 38, while still being paid the same rate of 35 to 1. If you put the two wheels side by side in the same casino, most people would not realize the difference. They may notice one has a 00 and one doesn’t, but most people wouldn’t know the repercussions of that. This is a prime example that demonstrates in gambling knowledge equals money.
Lowering the House Edge in Craps:
This can be applied to all games in the casino. If we take a look at craps it all seems very complex and complicated, but realistically there are only two bets a player should ever think of betting. The pass or don’t pass line (Come/Don’t Come) and take full odds on each bet. If a player does not know what that means they need to educate themselves before ever playing for money. Craps has a multitude of bets a player can make, but as I explained those two give the player the best chance of success while reducing the house edge to around 1%.
What this Blog will Provide for Readers:
If a gambler wants to have any chance at all to beat the casino, they need to educate themselves before ever placing a bet in any game. Most games have a built-in house advantage, but there are ways to reduce that advantage. By doing that a player at least has a chance of beating the casino. Casinos make a lot of money from gamblers that simply don’t know the facts of the game. The intention of this blog is to educate as many gamblers as possible to show them that there are ways to improve your chances of success. Ultimately, luck will have a say in whether or not a gambler wins on any particular day, but overall there are a lot of ways to make your own luck and that’s exactly what we intend to teach you how to do.
Brought to you from your friends at JacksVegas Casino. Click here to login to https://www.jacksvegas.com.
Jacksvegas - play anywhere! a true mobile casino, Video Slots, Table Games, Roulette, Blackjack
If you want making money at home in your mobile device So Please CLICK HERE for making money.
We all know that luck can play a major role in short-term gambling success, but for those who gamble quite frequently luck doesn’t really have anything to do with it. Sure you may get lucky one day, one week, or even one month, but if you continue to gamble the math will soon override any luck involved. Gamblers that beat the casino over long periods of time, don’t rely on luck.
“Casinos rely on Math, Gamblers rely on luck”
This statement is true, and if you want to become a winning gambler you must try to take as much luck as possible out of the equation. Your goal is to reduce the “house edge” to as low as possible. “House edge” refers to the statistical advantage the casino has over the player. For many games that is a fixed rate that cannot be changed, but some bets have a lower fixed rate than others.
Lowering the House Edge in Roulette:
Let’s take roulette for example. If you play roulette on an US wheel, which has both 0 and 00, the house advantage is 5.26%. How is that figured out? If you place a bet on any single number you are paid 35 for every dollar bet. That means if you bet $10 you would win $350. Sounds great, but the problem is the probability of you picking the right number is 1 in 38 which is referred to as the “true odds.” If the casino was going to make it even odds, it would pay you 38 for every $1 bet, or $380 on the $10 bet. This is how casinos make money.
What can we as gamblers do about it? Our job as a winning gambler is to reduce that statistical advantage to as close to 0 as possible, and preferably put the advantage in our favor. Let’s just focus on reducing the house advantage for right now.
Let’s go back to roulette for a minute. Some people in the United States may not know that there is another European version of roulette that only has a single 0 on the wheel instead of both 0 and 00. Doesn’t sound like a big difference, but it cuts the casinos advantage in half to 2.7%. Now a player has a 1 in 37 chance vs. a 1 in 38, while still being paid the same rate of 35 to 1. If you put the two wheels side by side in the same casino, most people would not realize the difference. They may notice one has a 00 and one doesn’t, but most people wouldn’t know the repercussions of that. This is a prime example that demonstrates in gambling knowledge equals money.
Lowering the House Edge in Craps:
This can be applied to all games in the casino. If we take a look at craps it all seems very complex and complicated, but realistically there are only two bets a player should ever think of betting. The pass or don’t pass line (Come/Don’t Come) and take full odds on each bet. If a player does not know what that means they need to educate themselves before ever playing for money. Craps has a multitude of bets a player can make, but as I explained those two give the player the best chance of success while reducing the house edge to around 1%.
What this Blog will Provide for Readers:
If a gambler wants to have any chance at all to beat the casino, they need to educate themselves before ever placing a bet in any game. Most games have a built-in house advantage, but there are ways to reduce that advantage. By doing that a player at least has a chance of beating the casino. Casinos make a lot of money from gamblers that simply don’t know the facts of the game. The intention of this blog is to educate as many gamblers as possible to show them that there are ways to improve your chances of success. Ultimately, luck will have a say in whether or not a gambler wins on any particular day, but overall there are a lot of ways to make your own luck and that’s exactly what we intend to teach you how to do.
Brought to you from your friends at JacksVegas Casino. Click here to login to https://www.jacksvegas.com.
Jacksvegas - play anywhere! a true mobile casino, Video Slots, Table Games, Roulette, Blackjack
If you want making money at home in your mobile device So Please CLICK HERE for making money.
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন