Posts tagged Betting
How To Use Roulette Betting Strategies
May 19th
In order to minimize the losses and make the maximum profits out of a game of roulette, you should look into roulette betting strategies which are made for precisely this purpose. However, the casino and only the casino is the one which has a sure fire betting strategy.
Instructions
When playing, you should try to put your money on red or black, even or odd or high or low since this will give you a nearly 50 percent chance of winning. Given that the pay from these bets is low, the fact that your chances of winning are better makes this better for the long run.
The safest of all roulette strategies is to make even money bets. The drawback of this strategy though is that it doesn’t give you a lot of time on the table and once you start winning; it becomes quite hard to leave.
The roulette wheel is a place where betting strategies based on probability will seldom be of use. This is because each spin of the roulette wheel makes for an independent event and the result of a single spin is not based on the spin before it or any of the other spins. Hence, the probability of each of the numbers or the colours coming up is pretty much the same and this makes probability betting a drawback in roulette betting strategies.
If you have heard of the Martingale roulette betting strategy then you can try to use it. While the strategy is amongst the most popular of the roulette betting strategies, one should use it at their own risk. The strategy is quite simple in itself and just needs a person to double their bets progressively with the hope that it overcomes the casino’s advantage at some point. The logic behind this though is quite flawed, because you can hit the roulette table maximum’s, before you get the chance to cash out. The anti martingale strategy is a better bet, which is the opposite of the martingale system. You reduce instead of increasing your bets
Roulette strategies should be used in order to reduce the losses by betting lesser money and also by betting on the better odds such as even money bets.
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Casino Betting Strategies – The Roulette Ball Has No Memory
May 10th
Most gamblers try to develop various strategies when playing online casino games or at live casinos. Such strategies can seem to be very effective short-term; players win their bets back with a nice profit, and on a good day the chosen strategy can create an incredible winning run. This is all fine as long as casino strategies are used with a sensible money management and with the knowledge of what this article is all about. Problems arise when the player starts feeling confident that his or her strategy always will work in any given setting.
So what exactly is a casino betting strategy? Known betting strategies go back as far as the 18th century, with the Martingale system being one of the most famous ones. The Martingale system simply suggests that the player should double his or her bet after a loss in an even money game such as roulette. If the player had an unlimited bankroll and there were no other limiting conditions, this casino betting strategy would in theory work. However, there is no such thing as an unlimited bankroll, and even if there was, there are other limitations set by the casino itself to prevent this. The most obvious limitation would of course be that all casino tables have a maximum bet size rule. Despite this fact, players constantly develop new and more complex strategies in hope to gain an advantage over the casino. These strategies may involve anything from number sequencing to progressive and negative betting. However, all of these strategies or systems are bound to fail.
The reason for this is the misconception of many players that a particular event in the casino game must occur sooner or later. For example, if a player keeps betting on black in a roulette game, and red wins many times in a row, surely black will turn up sooner or later? By applying a betting strategy that covers the losses up until that point, the player can walk away with profit. This is known as the “gamblers fallacy” which means that the player believes that a likely event that has not happened recently becomes “overdue” and is more likely to occur. However, the roulette ball has no memory! Each time it spins the odds are exactly the same for it to land on black, red or a particular number.
In regards to casino betting, one could make a comparison with playing on the lotto. Many people like to play the very same numbers in every single draw, like birthday numbers for example. Players often do this with the belief that this number sequence is more likely to turn up since it has lost so many times in a row before. As in the case of the roulette ball – lotto balls have no memory either. The chances for a particular number to appear is always the same in every draw.
Having said all this, I do not wish to discourage betting with a casino strategy as long as its being done with a healthy money management. Walk away when you win and cut your losses when you lose. Mathematical models have in fact shown that flat betting performs better than progressive betting systems, but true, it could be a lot more fun to play with a gentle loss recoup strategy in any given casino game session. Just know the facts, have fun playing casino games, and know that there is no such thing as a holy grail.
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Betting Strategies in Roulette
Mar 3rd
Are betting strategies in roulette effective? Firstly, lets look at the history of the game which has some considerable bearing on the answer to that question.
Roulette is a game that dates back to 1655. It was created by Blaise Pascal and means ’small wheel’ in French. To begin with it was only played in monasteries for entertainment but was soon adopted by French casinos where it soon caught on as a popular game of chance. There are many legends about roulette, the most widely quoted one being that if you add up all the numbers on a roulette wheel you get the number 666 – the sign of the beast. It wasn’t until the late 1800s that the game was played in America and they introduced a slightly different version. So does it make a difference to the players which one they play? You bet it does!
Now back to the betting strategies and what to do. Firstly, the two variations of roulette. European is the most popular one, mainly due to it’s lower house edge at 2.63%. The other, more modern variation, is American roulette which has an extra slot numbered 00. It was introduced by the US casino owners who liked the profit generated by the original version, but wanted to increase their return, and by adding the 00 they lifted the house edge to 5.26%. So the first way to improve your chances of winning at roulette is to simply avoid American Roulette tables like the plague!
Now lets looks at the actual bets and odds (all figures are for European Roulette). A Straight Up bet (betting on just 1 number) offers a 35-to-1 payout but the actual odds of the ball landing on the number you pick are 1 in 37. The gap is where the casino makes it’s profit. Whilst a return of 35/1 looks good on paper it is a risky bet to place so use it sparingly. Other bets are available and they range from betting on two numbers (called a Split Bet) to betting on red/black, even/odd or low/high and these last three options offer the shortest odds of Evens (1-to-1). So if you concentrate on these three, along with Column Bets (covering 12 numbers) or Dozen Bets (also 12 numbers but in different blocks) you will be increasing your chances of getting a return. This doesn’t mean you should completely ignore the longer-odds bets though, just adopt a strategy that will see you get a small return often, rather than a big return but infrequently. The latter route is sure to send you broke!
One thing to remember with roulette is that it is a random game. Therefore the results of one spin have no bearing on future spins. Just because the last 5 spins have landed Red, doesn’t change the odds of the next one being Red too. The roulette wheel has no memory!
If you place most of your bets on the short-odds ones, with just a small percentage of your cash on the long odds bets, you will see a steady return, but not much of a profit. You do need to mix in a few of the Straight Up, Split and Street (3 numbers) bets to try and get a profit boost, but not too many. And remember, only play on tables with one 0 – avoid the 00 at all costs! So there are betting strategies in roulette that work, just remember to use them next time you play at a casino.
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The 5 Best Betting Strategies
Feb 10th
When playing online roulette simulators and betting cash on the internet, it is important that you hold a strategy close to your chest. A betting system is a way of managing your own pockets, in other words protecting them from the casino or the betting shop. So what are the five top betting strategies to use against casinos and roulette machines on the internet.
1. Learn how to bankroll – a bankrolling professional is a player who uses percentages to control the amount of money placed down within a game. It is a way of splitting the main value into smaller bets that can allow for the winning and losing swing.
2. Experience – The first and most important strategy is experience, knowing your game is crucial in becoming good at what you play. Most online casinos and betting sites offer bonus money, with some roulette credits given out at over a thousand dollars. This money can be used to experiment and to diagnose potential mistakes that will save you money in the long run.
3. Write it down – results are very powerful pieces of information, which most online players and casino enthusiasts fail to consider. It’s amazing to see that by holding a diary, you can uncover pitfalls and events from your past experiences. This information can help spot mistakes, it can also provide a way of reducing the odds further by way of repetition.
4. Learn the odds – Most players go into the casino and their game of choice with very little knowledge of the odds. Once you know your chances, you can begin to work at improving them. In fact most casino strategies and betting methods are designed by people who understand the odds considerably.
5. Discipline – The strategy of the winning player is discipline. It is the ultimate tool for any betting player and something that takes time to master. Gambling is the nature of a desperate mind, in using something small to get something bigger we run the risk of losing. The moment you can walk away with a small profit of just ten dollars, then the moment you can do that a thousand times comes with it. Discipline for roulette players and online gamblers, is the most powerful gambling betting strategy known to mankind.
James Covert writes for http://www.covertcasino.co.uk a website dedicated to online casino players, offering tips, strategies, bankroll advice and free casinos bonuses worth thousands of dollars.
Sports Betting Strategies – Soccer Betting Advice
Dec 26th
One of the most popular sports in the world is soccer and it is watched by millions of fans worldwide. With such high exposure to a huge amount of people, businessmen also try to tap into the game for more lucrative profits. While we might not have the capital to buy over a club, we can always turn to gambling on the matches to also earn extra cash for ourselves. However, be prepared to put in effort if you are in for serious profits.
While you may be a big soccer fan and thinks that you know everything about the game, you should empty your cup before venturing into soccer betting. You need to know more than just the game alone. Of course, the basic rules of the game is a must know and more importantly, understand how you can win your bets.
Internet will be your great friend in providing you with a vital information and in some cases offer great betting systems which you can rely on. However, do test them out before raising your stakes.
Instead of betting on matches involving your favorite teams, do the otherwise! Specialize in a few teams and only bet when the game involves them. This is because it might be difficult for you to bet against your loved team and by concentrating on other team, you are able to niche the areas.
After that, formulate your own strategy or learn from other experts to help you win the wager consistently. What is most important is to practice responsible betting. Remember soccer betting is addictive and know when to stop especially when you are on a winning streak.
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