Easiest Way To Win At Casino

In this article, we discuss which online casino game is the easiest to win. We review online slots, Blackjack, Roulette and Poker and give the final verdict. Explore the list of the top casino games which offer the most easiest opportunities to maximize your real money rewards. Unfortunately, there isn't. There is no sure-fire way on how to win online slots every time. However, we do have the next best thing. So, sit back and relax, grab yourself a cuppa, because today we're going to be showing you some online casino tips and tricks that may increase your winning chances. The Easiest Way to Win on Roulette The roulette betting table has several fields with an almost 50:50 chance of winning. These are the best gambling odds at a casino. The casino is willing to pay up to the full amount of your bet if you win. It's an even money match up, and that is really what makes blackjack so profitable for a casino. They risk less per round than they do with, say, roulette or a slot game.

1. Easiest Way To Win At Casino Buffet
2. Easiest Casino Game To Win
3. Easiest Way To Win At Casino Atlantic City
4. Ways To Win At Casino
5. Easiest Way To Win At Casino

For as many ways that there are to win at casino gambling there are exponentially more ways to lose. I believe that when a player takes a less than serious approach to gambling or if they are just in it for the fun of the moment, they will pile up considerably more losses than the more prepared.

Fortunately, there are many games to choose from where the player create and develop a strategy that works to their advantage. Having an advantage is what we are all looking for when exploring different games at a casino.

Through the years I have played many different casino games–both table games and non-table games alike. There's a casino game for everyone and anyone, and there is a strategy to deploy in almost every one of them, even if you're the only one that believes in it. We all have the games that we like to play and I encourage you to find games that you enjoy, as well as games that you want to develop a strategy for winning.

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Table Games

If I am to be found in a casino, your chances increase dramatically if you search the table games. Chances are even greater if you troll the blackjack tables. Blackjack happens to be my favorite of all casino table games. One of the reasons I enjoy table games over the other style of games is the interaction with other players, as well as the strategy behind the game. I have played nearly every type of game the casino has to offer, but I always find myself returning to the blackjack tables

When playing any game, especially the table games, I encourage you to develop a strategy and practice it. How to share system sound on skype for mac. All casino games are considered games of chance, but it is helpful if you take a strategic approach to your gaming. Over time players have developed strategies combined with the percentage chance of winning and have done quite well, myself included.

1. Baccarat. This is a card game where cards are valued as follows:
   • Ace = 1, 2-9 are their numerical value
   • 10 and face cards = 0

   At the start of the game the dealer will turn over one card that will determine how many cards the dealer will burn before dealing (a 10 or a face card will result in 10 cards being burned). Play will begin when the players place a bet on either the 'player', 'bank' or a tie. After all bets are down, the dealer gives two cards to all players including the banker/dealer. The goal is to have the closest hand to 9. The score of the cards is always the right digit of the total cards. So if you are dealt a 5 and a 7 your total is 12 and your game hand is the right digit, a 2. There is an option where the players can take a third card. If the player or the dealer has an 8 or 9, the play stands and a third card is not dealt. If the player has 5 or less, then the player takes another card, otherwise the player stands. If the player stands, then the dealer will hit on 5 or less. The score of the cards are compared and the player with the total closest to 9 wins. In the event of a tie, both dealer and player push. The chances of winning at baccarat vary but the calculations trend towards players winning approximately 44% of the time.

2. Blackjack. Like baccarat, this is a two card game. The values of the cards in blackjack are not similar though. An Ace is worth 1 or 11, face cards are equal to 10 and 2-9 are equal to their numeric value. Once bets are placed the dealer deals 2 cards to each player (usually face up) and two cards to the dealer (one face up and one face down). The player then has a number of options. If the dealer has blackjack then the play is over and the players lose their bets. Aside from blackjack, players play out their hands by either taking additional cards, splitting or doubling down. If a player busts then their bet is surrendered and the game continues for the other players at the table. The goal of blackjack is not to try and get 21 or even try to be the closest to 21. The goal of blackjack is simply to beat the dealer. When using a basic strategy, a player has good odds at winning with blackjack. It has been calculated that a player can expect to win about 42% of the time.
3. Blackjack Switch. Here is a game that takes everything that we know and love about blackjack and adds a twist. In this game you will place two bets and be dealt two hands. During play you will be able to switch cards from one hand to the other. For instance, if you have an ace and 9 in one hand and a 10 and 2 in the second the player can switch into blackjack with one hand and a 9-2 hand in the second. The player can then double down in the 9-2 hand. In blackjack switch the dealer will bust after 22. A player with 21 will push with the dealer if dealer has 22. Otherwise, blackjack switch follows the same rules as blackjack. Since there are more chances to win, blackjack switch has enabled players to win over 44% of the time.
4. Craps. When this table is hot it is typically the noisiest table in the casino. Craps is played on a partially enclosed table with the same series of numbers on either end for players to be able to play their chosen numbers on the end closest to where they may be standing. The middle of the table has an assortment of bets that players can play independently of the rest of the table bets. In the game of craps, it is played with a pair of dice that rotates throughout the various players over the course of the game. The dice doesn't change hands to another player until the shooter 'craps out'. The general object of the game is to 'make a number' with the 'come out roll' of the dice. Once a number has been 'made' the goal is to continue to roll until the shooter 'craps out' which means to roll a 7. During the shooters roll of the dice there are a number of ways that players can win. The dealers at the table are there to help with not only the betting and placement of chips on the table but to also help you to understand and play the game. Craps may be one of the hardest games to learn on the go but it can certainly be one of the most fun to participate in while gambling. Once you learn how to play, craps has one of the most favorable player odds in the entire casino. The chances of winning at craps is approximately 49% and serves as a huge draw, not to mention the excitement that the table tends to generate.
5. Poker, Pai Gow. This is the classic western poker game that is blended with the ancient oriental game of Pai Gow. In the oriental version the game is played with tiles. The classic western version is played with a standard 52 card deck with a single Joker added. The Joker is only used as an Ace or to complete a straight, a flush, or a straight flush. When playing the game, the players have an opportunity to bet against the house and bank their bets. This is a progressive version of the game and it creates an option for the player to progressively bet that five of their seven cards will be a high enough poker rank to receive a progressive payout. This is a separate form of betting that wins or loses regardless of the Pai Gow poker bet. Winning this bet and you also have a pair in your two-card hand, you will win an even higher payoff. Pai Gow is a fun, active game that has a decent percentage of winning among players. On average players experience winning about 29% of the time.
6. Poker, Texas Hold'em. A game that has been popularized by television and movies can be played in almost every casino in their Poker Rooms. The game is played with a standard 52-card deck. Players at the table will three buttons displayed: Dealer, Big Blind and Small Blind. The buttons help to direct the flow of play and manage the opening bets. None of the players actually deal any cards. The dealer button serves as an indicator to the casino dealer where to begin play. In Texas Hold'em you are playing against other players at the table, not against the house. At the beginning of play the dealer will deal each player to 'hole cards'. Only the player is to look at their cards. After dealing all the cards to the players a betting will begin and continue as a series of five total community cards are dealt for the table. The player will use their two cards and any combination of the five cards to create the best five card hand. After the round of betting is complete and there are at least two players remaining they show their 'hole cards' and a winner is revealed. Since there are so many variables when playing Texas Hold'em it is very difficult to calculate the winning odds. So many of the variables come down to the player's observation of the cards played and working out probabilities. The estimate is that an average player only wins approximately 17% of the hands dealt.
7. Poker, Three Card. With the same basic understanding of poker, three card poker is played with the dealer dealing three cards to the player and three to the dealer. Prior to the deal a player has betting options. First there is the ante and/or the 'pair or better' option. Once cards are dealt, if the player played the ante, the player must fold or raise. If the player folds, then they lose their ante bet. If the player plays, then they must make a play bet which is twice their ante bet. When play begins the dealer must have a queen or higher to open. When both the player and the dealer are in play the best poker hand wins. When the player wins the ante is all bets are paid 1:1 and the 'pair or better' poker hands are paid based on a casino specific table chart. The chances of winning are considered here if the player has a hand worth playing. Players fold their hands on an average of 31% of the time. Once playing, the percentage varies from 6% to 46%.
8. Roulette. This is the original casino glamour game. Roulette was originally played exclusively in Monte Carlo until 1933. Although the game today is not surrounded by players wearing tuxedoes and evening gowns, it still draws a crowd. The game is played at a table with a large wheel and small ball. The wheel is spun in one direction and the ball is spun in the opposite. Eventually the ball lands inside the wheel where there are a series of numbers. The series of numbers ranging from 1 – 36 are presented in alternate colors, typically red and black. Two additional spaces, represented usually by the color green, are marked as 0 and 00. All of the numbers are represented on the table. Simply enough, the ball spins and lands inside the wheel on a number represented on the table. Bets are placed on the table either as 'inside' bets or 'outside' bets. The bets on the inside of the table are each of the numbers corresponding to the wheel. The outside bets vary from playing a complete row of numbers, one-third of the numbers or simply selecting red or black. Since there are so many variations of how to play the game of roulette there are varying chances to win the game too. The chances of winning tend to vary from a low of 2.63% all the way up to 46.37%.

Gambling Away from the Tables

There are so many other games in the casino that are not table games. You can be entertained by playing Bingo, Keno, Slot Machines or Wheel of Fortune (The Big Six). Each of these games have varying degrees of chance and the odds of winning can vary from how many players are playing, like bingo.

With the non-table games there appears to be less conversation around strategies but don't tell that to a seasoned Slots player or the blue haired lady that has been working a bingo card longer than you have been alive.

1. Bingo. Casino bingo is the same game as the game you played as a kid in school or in church. Bingo is played with a caller that announces the letter and a corresponding number like B-2 or O-56. Players typically, on a purchased bingo playing card, dab each of the squares that match what the caller calls out. Players win when, based on the game that they have chosen to play, fill the entire card or fill a complete row. The casinos have several variations from the basic game that allow you to raise the stakes by playing on game cards that are harder to complete. Winning at bingo can come in several forms depending on the varying game that you choose to play. The only way to know what your odds are at winning is if you know the total number of bingo player cards in play. Since there is only one card winning per session you would have a calculation of 1:100 if there are 100 cards in play.
2. Keno. In most casinos keno can be played either as a video gambling game or by filling out a keno card and submitting it manually to a caller. Playing this game is very similar to playing bingo, in principle. Players select 15 numbers at random based on the available numbers to select from on a keno playing card or video board. The game, either by the caller or on the video board, is played when 20 numbers are called for that session. The 15 numbers that a player plays have varying degrees of payouts based on how many of the winning numbers are matched. Additionally, there are side bets and side games that are played alongside the basic game. Much like playing bingo, there is a varying degree which a player can win. It depends on how many players are actively playing the game to determine the odds of winning a game. The average player chances are around 4.68%.
3. Slot Machines. As I mentioned before, I prefer table games for the interaction with the other players at the table. For me that is a personal preference. Some players prefer to play alone and not be bothered by others at the tables. Slots machines are the perfect game in a casino that allows a player to enjoy their gaming coupled with some isolation. When you walk into a casino there are no shortages of slot machines for players to choose from. Regardless of which particular set of blinking lights you chose there is a similar return, for the most part. Chances of winning when you walk up to a slot machine are approximately 3%. However, if you understand how slot machines work you won't just walk up to a machine and play once or twice and walk away. Slot machines, like the tables, require a system and an element of patience. Players that are committed to their strategy and play slots often have yielded winnings in to 40% range.
4. Video, Rock Paper Scissors. When I saw this video game I could not pass it up. Having played this game while growing up and using it to decide who goes first in a game to the settling of disputes. It is played, on a computer, the same way it is played between two people. The player selects the option that it wants to choose and the game selects. Player either wins or loses. A tie is a loss. Chances of winning in this game should not even be considered. This game is a game for fun only.
5. Wheel of Fortune (The Big Six). This is the original Wheel of Fortune and has been a casino regular for decades. The odds of winning on this game are terrible and it usually serves as a place many players just throw away a couple of dollars. There are 54 numbers on the wheel and players lay down their bets on the corresponding numbers at a table near the wheel. Depending on the casino there are a variety of cash payouts and often times there are large prizes such as cruises and cars given away. The chances of winning on this game is less than 10%.

Conclusion

First and foremost, remember that the chances to win at any game are often (if not always) in favor of the casino. So if you are about to embark on your first ever trip to a casino it might be wise to look at the games that you can play online in advance of your trip.

Gambling can be more of an acquired skill where you are deploying strategies that you have honed over several years and multiple trial runs. Now that we have access to online sites and apps for our smart phones we have a greater opportunity to practice our strategies. More often than not we can practice without the cost associated with playing in a casino.

So find the games that you enjoy and play as much and as often as you like. If you chose to take a less caviler approach begin reading and studying how best to craft a strategy and begin practicing and practice often.often.

Gambling is taking a risk of losing something of value on an unpredictable outcome. When you gamble at either an online or land based casino both you and the casino take a risk in losing something of value. The risk is greater for you because the casino only offers games that provide a statistical advantage to the casino.

However, much statutory and some case law has been devoted to ensuring that casinos and players don't cheat each other by subtly altering the conditions of gambling games without each other's knowledge and permission. You can, though, change the terms of the game. The casino often provides a way for you to do this.

But should you take the offer?

There are two things you need to understand before you can start improving your chances of winning when you gamble. First, you can change the outcome of a gambling game. Second, you will almost always confuse yourself if you try to do the math. These two most common of gambling mistakes help the casinos earn tens of billions of dollars every year.

How You Change the Outcome in a Gambling Game

Many casino gambling games allow and even encourage players to change the stakes, the odds, and even the percentage chances of winning. Here are a few examples of how you can change the outcome of a gambling game (almost always for the worst).

Say you are playing a slot machine game and you win a prize on a spin. A special 'Gamble' button lights up. You are now prompted to play a secondary game, maybe betting on the outcome of a virtual coin toss, using the prize you just won as the stake in your new bet. This is an exciting feature. It also means you are risking the loss of what you just won on a game with a better 'edge' for the casino.

Most slot games have a theoretical return to player above 75%. Games developed after 2010 usually have better than a 90% theoretical return. The RTP is an estimate of how much money would be retained by a hypothetical player who spun the reels continually for a period of several years. It's not a realistic estimate of how much money you will win, lose, or hold on to. It's a statistical measurement used to gauge how friendly the game is to the gambler.

In a coin toss the theoretical return to player is 50% or 1 in 2. So let's assume you just gambled $5 on a spin in the basic slot game and that you won $10. You have doubled your money. Now the 'Gamble' light activates and you are invited to take your $10 and bet it on the outcome of a coin toss. And suppose the 'Gamble' feature allows you to wager on the outcome of two concurrent coin tosses. Now you have a choice: bet on 1 coin toss for a chance to double your $10 to $20 or bet on 2 concurrent coin tosses for a chance to quadruple your money.

Your chances of winning the double concurrent coin toss are 25% or 1 in 4.

You would have a better chance to keep your $10 prize and just spin again on the basic game. By taking the 'Gamble' challenge you improve the casino's chances of winning your next bet. It's like paying $5 for a quarter of pie at one restaurant and then paying another $10 for an eighth of a pie at a different restaurant. Are you really getting a better piece of pie at the second restaurant?

In the game of blackjack if the dealer offers you insurance most experts tell you not to take it. Why? Because you are betting that you will lose your basic wager. The chances of being correct (that the dealer has a blackjack) on your insurance bet are worse than the chances that you can beat the dealer's hand (your original wager).

The bottom line here is that casinos will sometimes offer you ways to change your stakes and your chances of winning to their own benefit. If you want to win at gambling, don't take the deal behind door number 2. Stick to your original game and be consistent. Let someone else win the goat.

How to Confuse Yourself at Any Gambling Game

There is a certain idea among gambling experts that comparing the 'house edge' in various gambling games helps you to make informed choices. The edge is a theoretical return to the casino, the complementary percentage for the theoretical return to player. Free games to play no downloads. In other words, in every form of gambling, there is only a 100% allocation of money. Gambling does not generate new wealth; all gambling does is pool wealth between the bettors and redistribute that wealth between the bettors (and sometimes also a middle man).

In the 1-on-1 game of blackjack there are only 2 bettors in your game: you and the casino. The casino is willing to pay up to the full amount of your bet if you win. It's an even money match up, and that is really what makes blackjack so profitable for a casino. They risk less per round than they do with, say, roulette or a slot game. But if you have been reading blackjack tutorials you should know by now that the house edge is lower in blackjack than in other games, and therefore you have the best chance of winning in blackjack.

In fact, the dealer has a better chance of coming out ahead because at a busy table the dealer is playing multiple hands at once by the most conservative of rules. In other words, the casino is taking less risk per round in blackjack than the players while at the same time multiplying its chances of winning.

Players make mistakes when playing blackjack. Blackjack dealers don't have to make hard decisions. In fact, by always going last the dealer often doesn't have to make any choices at all. The players make most of the decisions in blackjack. And yet blackjack remains profitable for the casinos. The casinos are profiting from player mistakes.

Players make several types of gambling mistakes. One of the most common mistakes is to confuse the probability of winning with the theoretical return to player. The probability of winning is limited to the next round of play. The theoretical return to player is an estimate of what all the players of a game will collectively receive over the life of a specific game (or an arbitrarily large number of rounds in the game).

The rule of thumb is that the more rounds played for a given game the more the actual results of that game will average out close to the theoretical return to player (or the house edge).

But what are the chances of your drawing a natural blackjack on the next deal? What are the chances that the dealer will not win against you on the next deal? These are probabilities that can be computed on the basis of how many cards are left in the shoe, less the cards that have already been played. Those probabilities change as more cards are played but they rarely if ever line up with the theoretical return to player.

The mistake players make is assuming that the house only has a 2.5% chance of winning the next round. The dealer's chance of winning that next hand can be as high as 100% and as low as 0%. The house edge is always irrelevant with respect to any individual round played on any gambling game from keno to slots to blackjack to baccarat.

When you gamble, it's nice to know how much money the house is expected to retain over the next 30 days but that won't help you predict how much you win or lose in any of the next 10 rounds of play.

Expert gamblers like to calculate probabilities but probabilities do not predict the next round's outcome. The roulette wheel always has a 1 in 37 or 1 in 38 chance of landing on any given number. The chance that the ball will land on number '7' 100 times in a row remains 1 in 37 or 1 in 38. That never changes (allowing for truly random spins, although the laws of physics mandate that the spins won't be completely random).

On the other hand, what is the expected probability of a random spin of the roulette wheel producing '7' 100 times in a row? This is where you multiply your individual spin probability (1/3x) by itself the number of times in a row (100 in this case). The expected probability of the wheel hitting '7' 100 times in a row is 1.51296e-157 (a very, very small number). But that low probability has no bearing on the probability of the next spin.

This is the dichotomy of probability theory, where you are dealing with large sequences of independent events. The expected probability does not mean you cannot or will not see the unlikely outcome. In this hypothetical example, we are simply computing how many possible outcomes there are and assuming the chances of producing the same result 100 times in a row are equivalent to a certain percentage of those possible outcomes.

Unfortunately (even semi-) random events have a way of defying the probabilities. But if someone offers you 100-to-1 odds that a roulette wheel will land on '7' 100 times in a row, verify their ability to pay and take the wager. They lose as soon as a different result turns up before the 100^TH spin.

The bottom line here is simple: don't try to do the math like an expert. Random chance will always eventually prove the experts wrong. One chat pro 4 9 2 download free.

What You Must Do to Improve Your Chances of Winning

Here are a few basic rules for improving your chances of winning when you gamble.

1. Stop second-guessing yourself.

Every casino game offers you a fair chance of winning. The games, when played fairly and legally, pay prizes that correspond to the expected probabilities of given outcomes, although casinos will hold back a little bit extra in most games to ensure they make some money. Hence, in roulette, the most you can win is 36-to-1 instead of 37-to-1 or 38-to-1.

The odds are always stacked against you. But random chance favors the fool, as the old saying goes. You just cannot guarantee you are the fool upon whom random chance showers its favors.

1. Take the least possible risk.

In a hypothetical game where you win 100 rounds out of 100 rounds, you will kick yourself if you only wager $5 on each round for the chance to win $5 instead of wagering $100 on each round for the chance to win $10,000 on each round.

In reality, positive thinking doesn't work when you gamble. The more you assume you could win the more you are likely to lose when you do lose.

Risking less does mean you win less per round but that's okay. Cisco softphone for mac.

1. Manage your money so that you play as many rounds as possible.

You are more likely to win back $100 in wagers if you divide them into twenty $5 wagers than if you divide them into five $20 wagers.

Instead of playing numbers games (which is second guessing yourself) or assuming you will win a certain number of times (which is taking more than the least possible risk) you should assume you are going to lose more rounds than you win. When you play slots or even a modest keno game (like a 5-pick) you can still come out ahead when you play more rounds with small wagers than fewer rounds with large wagers.

But how does playing conservatively work in blackjack, when the average prize is an even money bet? If you lose only 49% of the rounds in blackjack you lose. Okay, smart guy, you know you need to double down a few times. Instead of playing numbers games and assuming you can lose X number of hands and double down on Y hands, just accept that once in a while you'll have to double down to improve your chances in blackjack.

When should you double down? The experts agree that if the dealer is showing a 5 or 6 and you have an ace and anything less than a 7.

You don't need to double a lot as long as you can double enough to come out ahead.

1. Don't try to win big.

That's the real fun in gambling, though, isn't it? You want to win the jackpot, hit the long odds, and outwit the dealer at every hand.

Going for the big win is the worst possible way to gamble. You may not be playing all-or-nothing but you are playing too much.

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Still, you can adjust the amount of your wagers upward if you are doing well. Just keep them proportionate to your bankroll.

1. Use a consistent percentage ceiling in your wager to bankroll ratio.

Although it is prudent to limit your initial wagers to 5% of your original bankroll, at some point you may double or triple your money. Does it make sense to continue playing by the original 5% measure?

Most gamblers will feel confident enough to increase their wagers. But while it's usually good advice to ignore all betting systems when you gamble (because each has its flaws), you can set a limit of '5% of your current bankroll down to half', meaning you gamble with $5 bets until you lose half the money you came in with.

If you double your money then you can double your wagers as long as you don't go above 5%.

Five percent is not a magic number. You can set the percentage at 1%, 5%, 15%, or even 20%. You should be consistent about not going above your percentage. You still have the flexibility of making larger wagers if you roll up your money.

1. Divide Your Bankroll At Certain Split Points.

This technique works best in land-based casinos, especially when you can put your money into tickets that are easy to carry around. A split point is a multiple of your bankroll. Say you begin gambling with $200 and you roll that up to $400 at the craps table. Now take half your money and put $200 of it into a ticket.

You can continue playing craps with the remaining $200 or you can try another game. When you roll up your second $200 to $400 again you split the money into another ticket plus money to play with.

After you have 3 or 4 tickets you can rotate them. Never play a ticket all the way down. Leave at least a few dollars on it so you can leave the casino with some money (and a little dignity).

When you gamble online it makes some sense to shift money from the game balance back to your main account. As long as you have money in your game account you should be good. It helps you to stay focused on conservative betting if you take money out of the game when you get ahead of your original bankroll.

1. Play with Casino Bonus Money Whenever Possible

Land-based casinos may not offer you signup bonuses but many online casinos do. Play conservatively with the casino bonus money to increase your chances of fulfilling your wagering requirement with just the bonus money. While that won't always happen the longer you can delay putting your own money into the game the better the chances you'll start winning.

You can try this strategy with the 'no deposit' welcome bonuses some casinos offer but they do limit how much credit they extend to you. You have more bonus money to work with when you accept a deposit match bonus.

1. Stick to the Basic Game.

Whether you play slots, craps, roulette, or blackjack the less complicated you make your game the less likely you'll place dumb bets.

The casino is counting you to make dumb bets. You should count on the casino to be less than generous with its odds on the best most likely to pay off.

There are few progressive wagers that are worth the money. The more you throw into a round the harder it will be to recover from a loss.

World strictest parents pizza parlor youtube. In craps bet on Pass or Don't Pass and play the odds but keep it simple.

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In blackjack bide your time and don't split every time you get a pair of cards of the same value. Should you really split two 5 cards when you're showing 10 on the table? Should you split two tens? Two nines? You have three options: play the basic game, double down, or split. On some tables you may be able to surrender if you don't like the dealer's cards but look at the strength of your cards first and your options for splitting second.

1. Assume the free games are more generous than the paid games.

When you have a chance to 'try before you buy' at an online casino the free game just may be slightly more generous than the paid version. There are several reasons why this might happen. If you can check the theoretical return to player for a free game and the paid version, look for differences.

Does the free game run on a different server? The different server may be using a different random number generator, a different random seed number, or a different estimated percentage for the theoretical return to player. Variations in all these things can affect the randomness of the outcome of the game.

1. Play low variance games.

Sad to say, but the less volatility there is in the prize to wager ratio of a game the more likely it will pay you prizes. Volatility is an important measure for a casino because it needs to know how much cash to keep on hand. But you need to know how long you may have to play a game before you win a nice prize. That is where the variance comes into play.

Think of variance as 'how much any random outcome of a game varies from the average expected outcome'. There is a relationship between variance and volatility (in fact, some gambling writers use these terms interchangeably). The casino cares more about the volatility and the player cares more about the variance.

How do you judge variance? It comes down to how long you can play the game with your initial bankroll. A low variance game has a tendency to take less of your money.

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Hence, as noted above, you can affect the variance of the game in a limited way by playing conservatively and ignoring the extra bets the house offers.

Conclusion

Think of gambling as an endurance race between the bettors. Whoever can go more rounds wins the most money, unless random chance steps in and hands a big win to the individual gambler. Then gambling is more about who has the most self-discipline. The casino is playing a numbers game and just has to be there with enough cash on hand to keep the games going. The player has to have the wisdom and the self-discipline to walk away with the cash.

Harvard Medical School published a trove of data about online gamblers that was collected from 2005 to 2007 by an online casino (Bwin). Researchers who studied the data concluded that about 11% of gamblers were likely to win and that winners were more likely to play less frequently. Subsequently, researchers from the University of Michigan and the University of Connecticut compared that analysis to their own analysis of data from a Native American casino's database. The second study found that about 13.5% of the land-based gamblers were winners.

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In blackjack bide your time and don't split every time you get a pair of cards of the same value. Should you really split two 5 cards when you're showing 10 on the table? Should you split two tens? Two nines? You have three options: play the basic game, double down, or split. On some tables you may be able to surrender if you don't like the dealer's cards but look at the strength of your cards first and your options for splitting second.

1. Assume the free games are more generous than the paid games.

When you have a chance to 'try before you buy' at an online casino the free game just may be slightly more generous than the paid version. There are several reasons why this might happen. If you can check the theoretical return to player for a free game and the paid version, look for differences.

Does the free game run on a different server? The different server may be using a different random number generator, a different random seed number, or a different estimated percentage for the theoretical return to player. Variations in all these things can affect the randomness of the outcome of the game.

1. Play low variance games.

Sad to say, but the less volatility there is in the prize to wager ratio of a game the more likely it will pay you prizes. Volatility is an important measure for a casino because it needs to know how much cash to keep on hand. But you need to know how long you may have to play a game before you win a nice prize. That is where the variance comes into play.

Think of variance as 'how much any random outcome of a game varies from the average expected outcome'. There is a relationship between variance and volatility (in fact, some gambling writers use these terms interchangeably). The casino cares more about the volatility and the player cares more about the variance.

How do you judge variance? It comes down to how long you can play the game with your initial bankroll. A low variance game has a tendency to take less of your money.

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Hence, as noted above, you can affect the variance of the game in a limited way by playing conservatively and ignoring the extra bets the house offers.

Conclusion

Think of gambling as an endurance race between the bettors. Whoever can go more rounds wins the most money, unless random chance steps in and hands a big win to the individual gambler. Then gambling is more about who has the most self-discipline. The casino is playing a numbers game and just has to be there with enough cash on hand to keep the games going. The player has to have the wisdom and the self-discipline to walk away with the cash.

Harvard Medical School published a trove of data about online gamblers that was collected from 2005 to 2007 by an online casino (Bwin). Researchers who studied the data concluded that about 11% of gamblers were likely to win and that winners were more likely to play less frequently. Subsequently, researchers from the University of Michigan and the University of Connecticut compared that analysis to their own analysis of data from a Native American casino's database. The second study found that about 13.5% of the land-based gamblers were winners.

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The good news for most gamblers is that fewer than 5% of them contribute about 50% of the casino's net revenue, and about 10% contribute 80% of the casino's revenue, so most gamblers are not big losers. That means approximately 80% of gamblers share the burden of about 20% of the casino's net revenue between themselves. Given that most people cannot lose enough money (for lack of wealth) to drop into the lower 10% (the Big Losers) changing how one gambles increases an individual's chances of moving into the upper 10%.

Gamblers with little wealth to lose should still learn to make better choices. You cannot guarantee you will win but you can always cut your losses short or take fewer risks. Gambling is more fun when it is just entertainment. If your losses amount to no more than what you would spend on other types of entertainment such as concerts and travel, then have fun.