Simple Casino Gambling Strategies That Work
That's why it's essential to learn a few betting strategies to reduce the house edge and increase your chances of winning. Here are several gambling strategies that you can use at casino sites for Canadian players online.
Wager 2% (or less) of your Bankroll
Most casual gamblers hardly think about bankroll when betting, as most of them expect to win. Theoretically, that might seem harmless when betting with an expandable income, but you're likely to run out of money when betting this way. That's why it's best to risk only 2% of your bankroll on any particular bet.
Professional and casual gamblers use this strategy to minimize the short-term risks, but you can still use it with other casino games. The biggest advantage to this strategy is that you don't risk huge chunks of money on a single bet. However, the strategy might not be lucrative if you have a small bankroll, mostly under $1000.
Learn How to Predict Losses
After learning how to manage your bankroll, you need to learn how to predict the amount of cash you might lose in any casino game by looking at the house edge or player percentage. You also need to consider the size of your wagers and the number of bets you're planning to make.
If you return to the player percentage, deduct it from 100% to see the house-edge. For instance, if the player percentage is 98%, then the house edge will be 1%. After knowing the house edge percentage, you should multiply it with the number of wagers you're planning to make and the average size of every wager to get the expected loss.
For instance, if you're playing blackjack with a 99% return to player percentage, the house edge will be 1%. That means that if you're planning to wager $20 and want to play 50 hands, then your expected loss will be $10 (1% x 20 x 50 = $10).
Bet on the Banker's Hand when Playing Baccarat
With baccarat, the player only gets three betting options – the banker's hand, the player's hand, and a tie bet. The top system for betting on baccarat involves getting the banker to wager every time. That's because the banker's hand has a 1.06% house edge, while the player's hand has 1.24%, and a tie bet has 14.36%.
Because all you need to do is to wager on the banker's hand, baccarat is a great game for casual players who don't want to develop an in-depth strategy. The advantage of doing that is because only a few games have a house edge than 1.06%. However, choosing the banker's hand doesn't always guarantee a win.
Value Betting
Value betting involves getting the maximum value from every situation with a long-term advantage. The term is quite common in poker, but it's also used in reference to how blackjack card counters work. However, you must learn how to spot and exploit favorable situations.
A good example of value betting in poker is when a player believes he has the best hand and proceeds to wager in a way that maximizes the winnings. In such a case, the player's wager needs to be big enough to maximize the value from the opponents but small enough to make sure the opponents don't fold.
Delay For 17 Seconds In Between
Slowing down when playing slots isn't easy, but there's valid mathematical reason to do that besides the fact that you'll lose cash at a slower rate. However, this betting system doesn't promise you'll win more often, but it's a system that increases your game's volatility.
The system is based on how random number generators work. These RNG algorithms are the power behind every modern slot machine game, determining where the reels will stop spinning. The mathematical algorithms generate the numbers from a huge pool of possible outcomes, making the numbers as random as possible. That's why most casinos regulate the number of chips by one gamer to avoid problem gambling and remain aligned with regulations imposed by different gambling regulators worldwide.
This great strategy is best suited for slot players who believe RNG algorithms generate numbers in a particular pattern. That's because the likelihood of that happening is very minimal, although there's no mathematical algorithm that can make that can generate the numbers to be truly random.
Bottom Line
While these casino betting strategies might not help you win regularly, they'll help you shake things a little without increasing your risks or losses. These strategies work well for casual gamblers playing casino games and experienced players looking to minimize their risk and make a profit in the long run.
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