- If you want some tips on how to win more money while gambling, consider EZ Baccarat.
- Blackjack is another great game to make money, thanks to a very low house edge.
- Sports betting is one of the most profitable gambling activities'Â if you have good knowledge of the sport.
Everyone wants to know how to win more money when gambling. No matter if you’re playing at the world’s best land-based casinos or the .
The truth is that —no matter how much you know about gambling—you can always increase your profits by playing certain games in specific ways.
What I mean is that not all gambling games are equal. Some offer players a better chance at winning than others, so it’s no brainer that smart gamblers stick to the former if they want to make money.
This post will cover my top 10 suggestions on how to make money gambling, so be sure to give it a read if you are serious about becoming much more profitable at casinos both online and in Vegas.
1. Avoid Gambling Myths
Before getting into specific tips on how to win more money gambling, I’d like to take a moment to talk to you about common fallacies related to this topic.
People have been gambling for centuries, so it shouldn’t come as a surprise that myths and wrong beliefs about this activity have spread all over the place. Today, most of them don’t hold any water, but lots of people still believe in them.
For instance, many gamblers think that the house advantage is the same for all gambling games, so they focus on winning the “wrong” games. Others believe that wearing lucky colors or underwear will help them hit a jackpot, so they always dress up in shade of orange when going to casinos.
The truth is that there are many factors that come into play when it comes to winning (or losing) at casinos, and luck is just one of them.
Gambling is a business, and every gambling game has a built-in house advantage that ensures the casino makes a profit over the long term.
Some games have a much lower edge than others, though, which means you are likely to lose your money faster when playing the less profitable ones.
For instance, most slot machines have a house edge between 3% and 10%, which means you are probably not going to win big if you play them.
On the other hand, some table games such as blackjack and video poker can offer you an edge of up to 5%, meaning you are likely to win more money if you play them maximizing your chances of course.
In short, if you want to learn how to win money gambling, you need to avoid the common myths and focus on the opportunities with the best odds of paying off.
2. Stop Gambling Unless You Have Money to Spend
One of the biggest mistakes made by gamblers is that they start playing with money they cannot afford to lose.
Even if you are confident about your skills and you are almost sure you are going to win, there is no such thing as a guaranteed profit in gambling, so do not bet money you need for other expenses.
If you want to learn how to win money gambling, you must be willing to spend some cash. simple because they run out of funds to keep playing, which forces them to look for ways to get more money to continue betting.
Whether they borrow cash from unscrupulous people known as loan sharks or steal the money they need to keep gambling, going further into debt is never a good idea. Things can get ugly really fast, so only gamble what you can afford to lose.
According to , one of the golden rules of gambling is to establish the maximum amount of money you are willing to lose before starting to play, and not exceed it no matter what happens. Known as the “gambling bankroll,” this max-loss amount should be small in comparison to your net worth.
So, how much should you bring to a gambling session? There isn’t a clear answer, and things depend on your financial situation and gambling goals, among other factors.
If you are going to a casino to enjoy a night out with some friends and have some fun, then you should bring the amount of money you’d normally spend in food and beverices at a regular night out. If you are going to a poker tournament, then you should bring whatever you’ve set aside for the event.
But what if you are going to a casino to make money gambling? Should you bring as much cash as you can to invest in gambling games? The answer is no, and for several reasons.
First of all, there are no guarantees when it comes to gambling, so you could end up losing every penny you bring to the casino. And if that happens, youw ill be in a tough spot, especially if you used money you couldn’t afford to lose in the first place.
Second, taking too much money to the casino could backfire if you have a winning streak and lose control of your bankroll. Even though this shouldn’t happen according to most , it’s a reality that many gamblers face, so they go from being up to being broke in the blink of an eye.
And finally, carrying large sums of cash can be risky, as you may become a target for robbers and cheaters. No casino will ever force you to use ATMs and avoid carrying large sums of cash, but we strongly recommend you against carrying big amounts of money – even if you really need the cash for other things.
Once you take the cash to the casino, you can redeem it with chips or vouchers at the Cage or at the gaming tables themselves. Remember to retrieve your cash/chips before leaving the casino, and don’t let anyone convince you to invest your money in scammy propositions.
3. Look For the Games With the Best Odds
As we mentioned earlier, all casino games come with a built-in house edge that ranges from less than 1% to 30% or more. Slot machines are known for having a middling house edge of around 5%, roulette is right around there as well, while games like blackjack and baccarat can be found with a house edge below 1%.
You’ll also want to look at the return on your investment, otherwise known as RTP. This is the opposite of the house edge, so the higher the RTP, the better. For example, slots typically have an RTP of 95%, which means you get 95 cents back for every $1 wagered on average.
Pai Gow and Pai Gow Poker are two other options to consider, as they feature a very low house edge (less than 2%) when played with the optimal strategy.
Of course, not everyone enjoys playing at the tables, and there’s nothing wrong with that.
Some of the best games to play at a casino, besides traditional gambling options, include Strip Poker (not at a casino), shuffle alliance video poker machines, and hot drop jackpots. Hot drops, in particular, reset to insane levels, sometimes upwards of a million dollars for local progressives. If their is hit, everyone who is playing that jackpot game is guaranteed a million dollar prize or more.
I’d also put sports betting towards the top of the list as well, provided you actually know a good amount about whatever sport you plan on betting on.
For example, if you could pick apart the like nobody’s business, you’re going to win a lot of money in the long run. Of course actual results may vary, but the point remains the same – find games or betting situations where you have a huge advantage, and exploit said advantage.
Additionally, specialty games such as Three Card Poker, Pai Gow, and War can offer excellent odds for players, especially if they learn how to play them efficiently.
Another idea is to look for special promotions offered by the casino. For instance, some casinos offer 21+3, a side bet based on the first three cards of the player and the dealer.
This side bet uses a special die that has eight different outcomes and offers a payout of 100:1. The house edge for this bet is just 2.78%, which is much lower than most other side bets or bonus bets, so you are more likely to win more money if you play it.
Other examples of games with a low house edge and interesting side bets include and Dragon Bonus.
No Deposit Promo Codes (2023) - Casinos That Require No Deposit4. Play Longer When You Gamble
An effective way of how to win money gambling is to lower the gallery and, therefore, your hourly losses.
But since the house edge is embedded in the payouts, you cannot increase your winnings simply by raising your bets whenever you feel lucky.
If you bet $5 and usually lose $2.50 per bet, you’ll lose $125 in 25 bets; but if you bet $10, you’ll lose $5 per bet, for a total of $125 in 25 wagers as well.
However, you can increase your time on device by enjoying smaller wins more often. And although these small victories will not allow you to get rich quickly, they will keep you excited and entertained for longer.
Great Online Casinos - Top Online Casino Reviews MakatiUnfortunately, scoring big wins is not under our control, but finding the games that offer smaller payouts (and fewer losers too!) is.
As we said above, some games are better than others in this regard, but there’s more than one way to skin a cat. For example, sports betting is one of the best activities to earn money gambling, especially if you follow a certain sport closely.
We’ve mentioned numerous times how important knowing the sport is when placing wagers, and now I’ll show you why.
Let’s say that you love football and have followed a certain team’s performance throughout the entire season. You know about their injuries, whether their star players are in form, and how they matchup against their opponent for the week. Your friend, on the other hand, does not follow football much at all.
Which one of you would be more likely to win money gambling on the sport? That’s right, it’d be the super fan, assuming they have a solid understanding of how to sports bet.
When it comes to actually placing wagers, you always want to look for the best . This could mean shopping lines at various sportsbooks, or it could mean taking price consisionately if you think a team is going to win a game by, say, a touchdown or more.
There are plenty of other forms of gambling besides sports betting that offer multiple wins in a single session, so feel free to try as many options as you can until you find the ones you enjoy the most.
5. Practice Beforehand
A good way to improve your chances of making a profit at casinos is to practice as much as possible beforehand. Most gambling games are based on easy rules, but they can be difficult to master, so you may want to understand how they work and how other players behave before risking your own cash.
Fortunately, there are many places where you can practice without having to pay anything. For example, you can find many free online versions of most casino games, including slots, blackjack, roulette, craps, and more.
These demos will allow you to practice as much as you want and as many different strategies as you like without having to worry about losing any money.
Another option is to play casino games against other players in training modes or free tournaments. Popular video games such as FIFA, NBA 2K, and PES include different modes in which players can pit their skills against each other with no stakes involved.
The same applies to video poker and other similar games. By practicing as much as possible, you will get used to the little details that can make the difference between winning and losing, and this will translate into bigger profits once you switch to real-money mode.
Once you consider yourself ready to start gambling with real money, we suggest doing so at a . Why’s that? Well, these sites usually offer heaps of free or low-stakes games that allow you to ease your way into things, plus tons of welcome bonuses and ongoing promos that you can take advantage of to boost your profitability.
6. Learn How to Play Each Casino Game Efficiently
As we said earlier, most casino games have easy-to-understand rules, but they also require plenty of practice to be played efficiently. The good news is that there are only a few gambling tactics you need to learn in order to reduce the gallery at many games.
For instance, virtually every book detailing how to win at blackjack advises players to use basic strategy, which tells them exactly which move they should make in accordance with the dealer’s face-up card.
By following basic strategy, players can lower the house edge from about 2% (when they guess randomly) to less than 0.5%, regardless of the number of decks used.
EZ Baccarat® is another game in which players can easily lower the house edge to less than 1% using the BEO (Baccarat Efficiency Overlay) System. This strategy encourages players to bet on the banker field most of the time and switch to the player field only when the banker hand has six cards (unless the player hand is 3, 4, 5, or 7).
Using the BEO System reduces the house edge compared to betting blindly on the banker, plus it helps players win ties 8% more times. A teaches players everything they need to know about this simple and extremely effective system, so they can start winning right away.
Likewise, there are many resources available online to help players learn how to win at craps without just throwing dice carelessly. These resources explain the proper way to make the different bets, as well as several strategies that could lower the house edge in some occasions.
Many players wonder how to win at roulette, but the truth is that this game is not among the most profitable ones. Although it is true that some versions of the game (known as French Roulette or Roulette Europeenne) have a very low house edge (about 1.35%) on specific bets, those opportunities are not enough to make up for the many losing sessions.
In fact, many experts consider roulette as a negative-expectation game, which means players are likely to lose money in the long term, no matter how skilled they are at playing it. If you want to know , we encourage you to read this post by Robert Dix.
7. Do Not Believe Any “Winning Strategies”
Contrary to popular belief, there is no such thing as a strategy that allows you to win every time at casinos. If such a method existed, wouldn’t you think that all gamblers would be using it?
However, there are some systems that can help you lower your house edge and increase your odds of winning, provided you at the forefront.
One of the most popular gambling tactics is the Martingale strategy, which was developed in the 18th century by a British gambler known as Henry Martingale. According to this system, players are supposed to double the size of their bets after suffering a loss.
Assuming you are betting $5 on red in roulette, and you lose your first bet, you would increase your second bet to $10. If you lose again, you would wager $20 on the next round, $40 on the one after that, and so forth. Then, whenever you win a bet (even if it’s a small win), you go back to betting $5 on red.
In theory, this strategy will make up for all your losses with a single win, providing you with a small profit. The main problem with the Martingale is that players need a large banking roll to ensure they can afford doubling their bets after several consecutive losses.
What should you do if you begin a Martingale with a $5 bet in roulette and you need to increase your wager to $1,024? It is highly unlikely that any player can afford placing such a large bet most casinos also have table limits, which prevent players from using this strategy effectively.
Although the Martingale may sound appealing, its long-term expected value (EV) is negative, which means it’s a losing proposition in the long run, despite the occasional small wins. For more information, check out this by WikiHow.
8. Set a Goal for Yourself
Should you gamble to get rich quick? Definitely not, as very few players manage to win fortunes at casinos. In fact, chasing large profits can lead to bad decisions that will cost you your initial bankroll in no time.
Must-Play Casino Games in New Jersey - Plus the Best AppsA better approach is to set a goal for yourself at the beginning of your gambling session. Instead of trying to make thousands of dollars in a single night, you could aim to increase your balance by 10%, 20%, or 50%; and that’s perfectly fine.
Setting a goal will help you stay focused on your performance instead of worrying about your overall profitability. Plus, achieving a small goal will make you feel satisfied and motivated to continue playing, thus increasing your chances to obtain bigger rewards in the future.
Keep in mind that your goal should be realistic and achievable within a reasonable period of time. For instance, if you have a $500 bankroll, setting a goal to score a $10,000 profit is unrealistic, unless you are planning to turn $500 into $10,500 before leaving the casino.
It’s also important to establish your goal based on your skills and the gambling games you are playing, rather than focusing on the potential rewards. For instance, if you are familiar with EZ Baccarat, you could set a goal to win 80% of your hands (including ties), as this will boost your profits and lower the house advantage to less than 1%.
Follow up on your performance while playing, and adjust your tactics if you realize you are not making progress towards your objective.
9. Enjoy Your Gambling Experience
Learning how to win money gambling is important, but you also need to remember that gambling is all about having fun. Don’t take the games too seriously, and don’t forget to enjoy yourself at the tables or the slots.
If you begin a gambling session with the intention of making a quick buck, you may become anxious if your plans do not work out. Feeling stressed out will affect your concentration and your decisions, thus increasing the likelihood of suffering larger losses.
Instead of worrying constantly about your profits, you should focus on playing efficiently and having a good time with your friends or by yourself. By remaining calm and concentrated, you will be able to take full advantage of your skills and enjoy smaller wins along the way.
Feeling relaxed will also allow you to handle your losses in a positive way. Losing is part of the game, and there is no shame in suffering a few defeats during an gambling session. In fact, if you are using optimal strategies, you should expect to lose the majority of your bets if you want to win more money in the long run.
Best Casino Bonuses in Connecticut for 2023Handling your failures properly is key, as explained in a by Todd Grossman for Psychology Today. According to the author, successful poker players acknowledge their mistakes instead of blaming external factors or other players for their losses. They also use their defeats as learning experiences, trying to identify their weaknesses and improving their strategies accordingly.
Next time you suffer a loss, ask yourself what went wrong and how you could have made better decisions in that specific situation. Do not let a single defeat ruin your whole day or your gambling session, and keep moving forward.
Finally, remember to celebrate your victories, no matter how small they might be. A good way to reward yourself is to withdraw your winnings from the casino and spend them on something you really enjoy.
10. Be Realistic About Your Skill Level
If you are new to gambling, you should be realistic about your skill level and avoid games that are difficult tomaster at the beginning. For instance, it makes no sense to sit down at a table with experienced players if you have never studied basic strategy. You will not be able to follow the action, and you are likely to lose your money really fast.
Take your time to learn the basics and practice as much as possible before hitting the casino floor. Reading books, watching videos, and playing free demos are great ways to understand the mechanics of each game and develop efficient strategies to increase your profits.
Blackjack is a great choice for beginners, as it features really easy rules and several excellent strategies that can reduce the gallery significantly. Besides, it offers more possibilities to influence the outcome of the game than other traditional games such as roulette and craps. , we explain in depth why BJ is a simple casino game that’s easy to learn and even easier to love.
Bingo and keno are two other examples of simple gambling games that are perfect for players who are just starting their careers. Both games are based on random numbers, so there is no need to follow the action closely, and players only need to buy cards or tickets and wait for the results.
Slots are also considered easy to play, but they tend to favor the houses due to their high house edges. Still, there are some exceptions such as EZ Baccarat and certain variations of video poker that can offer high payouts and interesting features.
When you are ready to face games like poker or craps against other players, you will already have a solid base to build upon. Understanding the basics of gambling is essential, and practicing as much as possible is definitely recommended, but the most important factor when it comes to winning money at casinos is experience. The more hands you play, the sharper you will become.
Of course, you won’t become a pro overnight, and you will keep suffering losses along the way. But if you keep practicing, following the best strategies, and staying humble, you will get there sooner than you think.
Footnotes:
- provided details on the psychological effects of winning and losing.
- Information used in the section about Sam “Ace” Torrence was pulled from the .
Jim Allen is a freelance writer and expert on all things gambling. He provides tips and insight in regards to the casino industry, publications, and websites. He also provides an expert view on all things mobile casino, participating regularly at https://bestcasinosites.net/mobile-casino/
ComoPlay Casino Review NZ 2023 | Bonuses, Win Rate & Games - Indivisible GamingGabriella is one of the authors for DoveReviews.com, our sister site about all things casino. She's previously bypassed travel destinations for visiting casino resorts, and has been featured in London publications for her expertise in casino games (before she could legally enter one).