Nothing beats the thrill of visiting a casino, especially if it’s your first-time experience, and the entire venture can be incredibly exciting!
Apart from potentially winning money and getting free drinks (bonus), the casino themselves aim to sell an experience, with all the bells and whistles included.
Yet, have you ever taken the time to notice that everything in the casino is made to appear like tons of fun simply to hide the fact that many people are actually losing money…? We wouldn’t want sombre attitudes all round now would we…
The point of gambling is to make cash, right? So if you’re looking to actually earn some money, or if you want to try not to spend all of your earnings whilst you’re at it, then there are a few aspects to understand about the gambling realm. Or if all this reading is too much, and you would like to jump into the action with the best bonuses available, check out this site here.
Here are three things that every man should know before going to the casino – you’re welcome.
Not every game is equal
It’s not an uncommon practice for many people to walk into a casino and take a seat at the first game they spot, under the premise that each game in the house is in fact, equal, with a fair chance at winning when choosing any one of them. You’ll find you’re sorely mistaken.
Many don’t realise they’re under a false misconception and indeed, every single game has its own set of different odds and advantages to the house that comes with it.
We’ve all heard the term House Edge, referring to how good or bad the odds are when placing bets and these vary per differing game. The casino will calculate how much the average user should lose, and they gain, per bet placed for each specific game.
Taking the favoured Blackjack as an example, it’s probably one of the easiest table games to win with a really low House Edge. Slot machines also offer one of the lowest payback percentages out of all casino games – now you know why they’re always so popular and the House Edge can go up to as high as 17%.
Other games with a low House Edge include Baccarat and Three-Card Poker.
There are no betting strategies
New to the gambling world or looking to up your gambling strategy? Guess what?! They don’t work, myth busted.
Yes, there are many guides out there to recommend betting strategies, such as the Martingale Strategy where you start off by making a small bet, followed by a bet that is double the size as the original to recoup the money lost in the event of you winning.
But, this doesn’t work, even for a game that has 50/50 odds attached to it, because the real odds, or rather, fact, is that you can realistically lose more than once in a row.
If you’re continuously doubling your odds, even if placing minor bets, they begin to add up and fast at that, and if you suddenly lose, well, you can work out the maths.
Another prime example is the “humble” slot machine and many try various strategies when it comes to playing the slots. One common strategy involves making several small bets and then one very large one, but again, this is just placing things on luck if you ask me. Every spin of the reel on a slot game is a completely random and isolated incident.
Quit when you’re ahead
No one wants to fall privy to the ‘gambler’s fallacy’ whereby you place all faith in your upcoming bets based on the outcome of your past playing. This could mean that all your earnings could disappear at the drop of a hat.
It’s pivotal to your success to have a winning or losing limit that you set for yourself, even if you feel positively ecstatic at the time having won.
Remember that chasing losses is a dangerous ballgame in gambling because you probably will end up losing even more money, honey.
Imploring a winning limit such as a soft win limit ensures you know when to stop. Basically, this simple mind set strategy consists of setting yourself a limit to stop when you win more than twice your budget or bet that you’ve decided on prior.
Another handy one is the hard win limit in which you limit your gambling time to stop when you win a certain amount of predetermined money.
It’s always important to listen to that voice of wisdom that tells you when to stop.