Online Gambling – How to Increase Your Chances of Winning

Gambling has been around for centuries. In fact, it is so prevalent in the society that it has been considered to be part of human culture. From ancient Romans, to ancient Chinese, to modern civilizations, gambling has indeed been a part of history. In fact, even some of the most famous monarchs are known to have gambled and some have also been addicted to it. Today, you will see that a lot of people from all over the world are now visiting the internet because of online gambling.

Online gambling is now one of the largest in the gambling industry. In fact, some online gambling websites are even larger than some of the major casinos in Las Vegas and Atlantic City. Because of the fact that online gambling is able to provide for all people from different parts of the world, online gambling became very popular.

With online gambling, you will be able to test out your luck right in the comforts of your own home.

When it comes to gambling, there is that age old question regarding gambling, which is how to win in it.

Basically, you have to remember that gambling is gambling. There is no guarantee that you will always win whenever you gamble. Whether it is online or offline, you will still experience losing. There may be theories on gambling, but you have to remember that even these theories will not claim to provide you with wins all the time. In fact, some theories even emphasize that you will experience losses.

You need to face the fact that whenever you gamble, you are always risking something in order to gain something. However, in gambling, you will see that there are strategies on how to increase your chances of winning and minimize losses.

By following these tips, you can be sure that you will be able to enjoy gambling more, and minimize risk of losing a lot of money.

First of all, you should never set an amount that you should win in a single day of gambling. Instead, you should set an amount of money that you should bet. And, it is very important that you should never ever set an amount of money to bet that you cannot afford to lose. Keep in mind that a lot of people have plunge deeper in to debt because of doing so. Some weren’t even addicted to gambling.

Treat gambling as a form of entertainment. In fact, gambling is a lot of fun and very exciting. However, you should never treat gambling as a way to earn money. Just gamble for fun and any wins you get, treat it as a bonus and buy something nice, such as getting a new shirt or getting a new pair of shoes. However, if you lose, then don’t take it seriously. You just lost something that you can afford to lose and can gain back later in your next salary.

These are the strategies that are very reliable when you go online gambling. Always remember that gambling is very entertaining and can provide you with a lot of thrill and excitement. However, never take gambling seriously. Just have fun with it and never treat it as a way for you to make some money. A good gambler is a person who always knows when to stop. Remember these tips and you can be sure that you will be able to increase your chances of winning and minimize losses.

Online Casino Strategy

Some people do not believe there is any strategy in playing online casino games. Other people believe there are strategies and that is how you win. Online gaming has become a big industry. People do not have to leave their house to have a little fun.

There is a plethora of gambling web sites to choose from. These sites are legitimate and approved by government. You can do the same gambling at home on the Internet that you do in a regular casino.

Online casino gambling is absolutely secure and sound. Your money is stored in an account. Some sites are free, others you have to put down a deposit.

To choose a web site to gamble on you need to do a little research. Find out what software the casino uses. Get familiar with the type of games and their payouts. You can obtain this info from the website.

Software included might be Microgaming, Cryptologic or Playtech to name a few. They all have all the different games. They are reliable and honest programs.

Check out how the casino site is rated before you pick one out. See if there have been any complaints about its payout system and how helpful their staff is.

There are different strategies for different games, particularly for poker games. There are plenty of ebooks online now about online games that you can purchase.

In poker strategy for instance, there are a lot of idea about knowing “when to hold them and when to fold them.” If you are going to play poker you have to be confident. Learn how to bluff and when to call. It does take skill and practice to become a good poker player.

Though many games in gambling have strategies to win, some part of winning comes for dumb luck. You can learn strategies on when to bluff, how to bluff and control your emotions for instance.

Keno is purely a game of chance as is the game of slots. Though some may disagree, a little gambling can be fun but it also can become addictive. Some people get “high” when they win and they want that feeling again.

How to Profit From Sports Gambling

The goal for sports punters is to earn a profit whilst enjoying our favourite sport. The sad truth is that for the majority of gamblers, this is an elusive dream. However by developing and carefully following a stratagem anyone can make this dream a reality.

There are two factors to consider to profit from sports gambling:

Bet Selection
Staking Plan
Bet Selection

The first, Bet Selection, is obvious – we need to back winners at least some of the time. Let’s consider Horse Racing, anecdotally there are many professional punters who earn a comfortable living from picking horses, but the key word here is professional. Research and analysis of each horse in the 59 racecourses across the UK takes a sizeable amount of time and experience. If you want to be successful then it’s a full time job! For the majority of us this means we have to use the advice of experts to do some of the legwork for us.

Horse Racing Tipsters

UK horse racing has no end of self-proclaimed “experts” on the Internet charging up to £100 per month. When selecting a horse racing tipster the most important factor we need to consider is long term results.

The Internet is awash with tipsters who have had one good month but then go on to post a loss for the next six – but you will only see this one month on their home page! Never follow any tips without first checking the tipster’s full result history. Choose a tipster who publishes all their horse racing tips history, ideally where the results of the tips are published the next day along with a complete history of all their tips.

Take a look at a Tipster Proofing site such as Racing-Index who grades the results for a number of tipsters. Consider which tipster gives you gave for money and fits with your own betting profile – can you actually place the 100s of tips each month some tipsters require?

Following tipsters alone is not likely to earn us riches – the best tipsters are locked out for new members or charge such high rates that any profits are lost immediately. The solution is to develop our own system using tips from expert sources combined with our own research. This is the strategy successfully used in greyhound racing by followers of the site. As with most things; the more you put into your system the more you will get out.

Staking Plan

Once we have a betting strategy in place it is time to look at a staking plan. The simplest is Fixed or Level Stakes where we simply bet the same amount, for instance 2% of our initial betting bank, each time on our selected horse, however we would want to increase our wagers as our betting bank grows. This leads to Percentage Staking where a percentage of the current betting bank is wagered each time. This means as we win our stakes are larger and conversely the stakes shrink when the betting bank decreases.

However, intuitively we know these staking plans to be overly naive as we would be putting the same amount of money on a horse with low odds compared to a horse with high odds. As we are looking to maximise our profits we should be putting a larger stake on a low odds bet as the return will be less.

To find the optimal staking plan we could take a correspondence course in statistics and dedicate several years into research. Fortunately we live in age where this research is at our fingertips. From probability theory we have the Kelly Strategy where the optimal percentage of our betting bank is calculated from the odds of the bet and our own estimate of the probability of the horse winning.

Using an online Kelly Strategy Calculator just feed in the values to get the percentage of the betting bank to put on each horse. Now the Kelly Strategy can give us some scary percentage stakes if we have an initial run of high odds horses so we could adapt it to a Half Kelly Staking Plan where we wager half the percentage advised by the Kelly Strategy. This would result in a slower accumulation of gambling profits but a less hair-raising ride.