If you ask me, there
are no such things. Only one thing is a 100% certain
when you walk into a casino: regardless of what you do,
what ultimate, super-duper system you’ve just bought off
the net for $22, and what ideas you have in your mind
about the world of live (or online) gambling, you’ll be
playing with a negative mathematical expectation called
the “house edge”. Contrary to what logic and mathematics
tell you though, it is possible to win money in a
casino, and lots of it sometimes. The negative
mathematical expectation means that if you were to play
on forever, or at least for a very-very long time, you’d
be certain to lose a little money. How much of it you’d
lose, depends on the individual house edge which is
different for every game, or even for different types of
bets made at the same table.
Playing on forever is only hypothetically possible
though. Not only will you not play forever, but you’ll
probably only put in a small session at a time, which
means the variance can hit you anytime and make you
rich. The variance can be a positive one or a negative
one, depending on your luck, thus you can win or lose
money indeed.
There is no mathematical system that will guarantee you
consistent wins at any of the casino games in existence,
regardless of what some website owners try to hammer
into your head. There is one system though that will
almost certainly help you make more money. Rather then
telling you what you should do, this system is about
what you should avoid in the casino. It consists of a
set of common sense recommendations that will help you
filter out bad habits you may have exhibited in the past
in regards to casino gambling, and thus boost your
bankroll by limiting your losses.
Fist thing’s first: never bet more money than you can
afford to lose. This should be the main theorem around
which you should build all your gambling undertakings.
Never borrow more “scared money” from friends, relatives
or - in the worst case – lone sharks, to recover your
previous losses. Chances are you’ll only dig yourself
into an even deeper hole, and experience shows this is
the fastest way to “relieve” yourself of all your
friends too. About borrowing from lone-sharks: there’s a
saying about many people having gone missing in the
desert outside Las Vegas over the years. You wouldn’t
want your name to be added to that list, would you?
If you’re on a losing streak (negative variance), do not
push your luck. Lady luck won’t be intimidated by the
pitiful attempts of a mere mortal. Try to minimize the
time you spend on losing streaks and play as much as you
can when you’re winning. Bear in mind though, that there
are no clearly defined losing or winning streaks in
gambling. The tide can always turn at a moment’s notice.
Do not play casino games on which there is a bigger than
2% house edge (like Keno). Do yourself a favor and don’t
make it all too easy for the casino to take your money
away.
Gambling and drinking are just like drinking and
driving. They don’t mix, and if you do force them
together, you’ll end up hurt. In live casinos, cocktails
are usually free. Make sure you do not drink too much
just because they are free, as this is one free thing
that can prove extremely expensive.
Pay keen attention to money management. Experts say
casinos make much more money on players with poor money
management skills than they do off the house edge. Now
that is scary if you think about it…
Whenever you have a question about something, do not
hesitate to ask for assistance, after all, it’s your
money that you’re playing on.
Take full advantage of all types of comp point systems
and frequent player rewards that the casino offers.
Whether it’s called loyalty bonus, sign-up bonus,
rakeback, rake return or whatever, this reward is
your friend. Use it wisely and it’ll make your
gambling more lucrative, and enjoyable in the
long-run.
