Do Online Gambling Strategies Work?
All casinos have a mathematical advantage and should always win over time. Individual players may win but the greater the overall volume of betting the better the chances for the online casino. People are always coming up with systems and strategies that they believe will give the edge that they are looking for. Over the long run no betting system will allow you to beat the casino. The house has too great an edge and compensates for weaknesses. If someone did come up with a true working system no one else would find out about it. There are some online gambling systems that are widely used and they do have some validity as far as extending your bankroll. This is true for both land based and online casinos. The most widely recognized of these strategies is the Martingale betting system.
The doubling strategy or Martingale system is a popular system. It is sometimes known as a reverse regression or loser’s strategy. This system is played in even money games such as roulette or blackjack where the player doubles his money when he wins. In these systems a gambler doubles his bet after each loss. With this strategy a win would erase the losses of all previous games plus win the gambler back Sarangdomino his original stake. Since a gambler with infinite money would eventually win this system is sometimes thought of as a sure thing. Over time this system will in fact bankrupt the gambler because no gambler possesses infinite wealth and the bets grow exponentially. Extended losing streaks will quickly wipe away all profits. After the sixth consecutive loss the gambler would need to bet 128 times his original stake or $640 in order to win back his previous bets on a five dollar original bet. It is thought that betting limits at tables are used to control this system. These limits are actually in place to protect the casino from large losses on a hot run.
Use roulette as an even money game. In roulette if you are betting only red or black, you will win 46% of the time. You will lose 54% of the time. The idea of the Martingale system is to overcome these odds. If you were betting just black or red you would eventually lose all of your money. Consistently doubling your bets will effectively wipe out several of these losses and move the odds into your favor. There is just a 10% chance of losing 3 rolls out of three. This would translate into losing three in a row. There is only a 1% chance of losing six out of six. This all makes sense as long as you don’t hit that long run of losses.
While gambling has been around for an incredibly long time, online gambling is a relatively new way to have a punt. There are many similarities between, online and ‘offline’ gambling but what is it about online gambling that you can use to your advantage? Here are some tips on how gambling online can make you a tidy profit…
One of the key aspects of poker is the ‘tell’. If you have watched any poker film of late you will know that the key to working out what your opponent is thinking is to work out something they do in their facial features or body language which lets you know what they are thinking. Bluffing or not usually. Once you have sussed this you should be able to beat them easily. However, if you have a really obvious ‘tell’ then you are in trouble. Online poker helps you avoid this entirely. You may have a great deal of skill but have been let down by your ‘tell’, until now. Online poker is like playing with a bag on your head. The only problem is you can’t see your opponents tell either.
A current trend is online gambling is to undertake a matched betting campaign. This involves utilising the many free bets offered by online gaming sites and working a relatively simple system to ensure that you only ever make tiny losses in return for guaranteed gains. This is a sports betting system which relies on your dedication and the making of lay bets against all your standard bets and working towards building your profits slowly. There are many sites which offer betting advice and free bets so this is by far the easiest and safest way to gamble online.