Best Ways To Not Lose Money At The Casino
Best Ways To Not Lose Money At The Casino Games
Best Ways To Not Lose Money At The Casino Without

Not all people lose money in casino games. There are people that actually make a living playing casino games, even in online casinos, not just in brick and mortar live casino games. Why are they successful while the others simply lose money? The main reasons why this is the case will be presented below by highlighting why people lose in the first place.

House Edge

The idea that the casino only rakes in a 1-10% of all player wagers makes it sound like you are going to keep at least 90% of your money. But the truth is that most people lose on a wager. The low house edge doesn’t mean the dealer won’t get a natural in blackjack, that the roulette wheel will land on your number, or that the slot game will. So, use your reward card only when spending a decent wedge of money, with those trusty slot machines the best way to get bang for your buck when it comes to comp points. Managing your bankroll is the most important thing you can do at the casino. We all want to bet big on the games. After all, the bigger the bet, the bigger the win. The problem is you can’t guarantee a win every time. The Labouchere strategy is based on the numerical sequence 1-2-3-4-5. We start by using the sum of the first and last numbers of the sequence as the first bet. Put false € on Red, Black, Odd. This is one of the easiest ways to spend less money, which – in theory – should mean that you’re not spending it on a machine, and thus not losing it to the casino. Which, in a roundabout way, improves your chances in the casino. That’s it for game related tips. These tips alone can increase your chances in the casino.

All casino games have a house edge. This is why casino games are making so much money. What house edge means is that there is a percentage of the bets put into a game that will eventually become profit for the casino. The problem with house edge is that some games have a much higher percentage going to the casino than others. This is why it is so important to know exactly what house edge exists. For instance, if you play a game that has a 5% house edge, you play games worth $100 and you use the optimum strategy, you can expect to lose 5$. The only casino game that does not have a house edge is regular poker but even there you will find a rake that has to be considered.

Not Knowing How To Play The Game

Let’s say that you play Blackjack. In theory, you know the rules but when you actually play the game you can end up doing many different things that do not work well since you do not know the optimum strategy to use as you play this casino game.

It is vital that you know everything about the game that you are about to play, including what strategy you should use in order to maximize earnings. Do not think that there is no strategy involved in chance based games. This is completely incorrect. By using probabilities you can always come up with the best possible way to play any chance based game. How much you know is going to drastically impact how much money you are going to lose and how much you are going to win on the long run.

Not Taking Advantage Of Casino Bonuses

There is definitely no shortage of casinos out there, both online and in the real world. Because of the competition between them they do all that they can to get as many gamblers as possible. Loyalty programs and money back programs are going to offer you so much money that you can put in your pockets or that you can simply use to play more. There are also free spins available and cross promotion offers you could take advantage of.

At the very least, in brick and mortar casinos you are offered complementary drinks and food. All this basically translates into money. If you go to a casino and you lose $10 but you are offered a meal and drinks, you are actually winning money.

Always be sure you keep your cool when you play casino games of any kind. This is vital for potential profits. Also, never bet or gamble more than you can afford to lose.

How to gamble at a casino without losing a lot of money

I love to gamble. It might seem strange for a guy that writes two articles a week about how frugal I am to visit a casino, because it really isn’t a very wise investment, but it isn’t as strange as it seems. Most gambling games are nothing but math and statistics, so I am attracted to it. Even if you aren’t as into stats as I am, the occasional win is very exciting, and it is fun to fantasize about what you would do if you won big.

Best ways to not lose money at the casino

Now we all know that you are probably going to lose, but if you play smart you should be able to spend less money gambling than you would on a show, and have more fun for that money. Here’s how:

Pick the right game

The key statistic to determine how much you are likely to lose is called the payback percentage. Blackjack has a payback percentage of 98.5% whenyou play with the basic strategy, which means if you bet $100 over many hands you are likely to win $98.50 back and only lose about $1.50. That’s not horribly expensive entertainment, is it? Here are some other good choices:

Game	Payback percentage
Blackjack	99.25%
Craps (basic bet)	98.6%
Pai Gow Poker	97.5%
Roulette (red or black)	94.7%
Video poker	varies machine to machine

Play pokerstars with real money on a vpn. All of these games have payback percentages much higher than slot machines which are as low as 80%. The worst gamble you can make by the way is the lottery which is usually less than 50%. That is why it is illegal for anybody except the government to run a lottery.

Play low limits

Since you know you are probably going to lose more than you win, it’s a good idea to gamble as little as possible to reduce the size of those losses. To do that look for table games that have the lowest minimum bet, and make sure you don’t bet more than that minimum.

On many table games you will have an option to bet on some kind of bonus that pays extra if certain conditions are met. Never play these bonuses, they are for suckers and have lousy payback percentages. You will probably find that sooner or later you hit whatever combination it takes to get paid the bonus. When this happens people sitting at the table who are bad at math will point out that you made a mistake by not playing the bonus because you could have won a lot of money. Ignore these people and remind yourself that you would lose a lot more than you would win in the long run.

So where do you find the lowest table minimums? The short answer is Downtown. The long answer is that they vary from casino to casino. You can search on cheapovegas.com to find the lowest minimums.

So what do you do if you don’t know how to play table games but want to gamble? You play really low limit slot machines. If you are playing for a nickel per pull you will know you are likely to lose a good percentage of the nickels you put into a machine, but it takes a lot of nickels for it to add up enough to matter.

Know the game

For heavens sake, don’t bet real money on a game that you don’t know how to play. The last time I played black jack I found myself sitting next to a very nice couple who were making very bad decisions that lead to them losing many hands they should have been winning. I don’t normally like to bother people, but I was horrified that these nice people were losing money they shouldn’t have been, so I finally asked if they wanted some advice. They welcomed my advice, so I spent a few minutes teaching them basic strategy, and before long they were winning almost as much as they were losing.

So before you play a game for money, at least know how to play it. All you have to do is a google search along the lines of ” How do I play __________”

So how much does gambling cost?

If you follow these 3 basic rules: Pick games with low house advantages, bet small amounts of money, and know how to play the games you can limit your losses. So how much does it really cost to gamble on average? Less than you might think. The table below show

Best Ways To Not Lose Money At The Casino