Know the proper betting strategies to win in gambling
With the advent of the Internet and the Smartphone, the concept of playing online games started becoming more popular. Earlier, people used to go to the land based casinos for gambling and also playing games. When Internet reached to most of the homes of the world, people find comfort in playing casino games and doing gambling from the comfort of their home. The concept became popular further with the advent of the Smartphone in the market. As Smartphone started becoming very popular all over the world, the concept of playing online games or doing gambling through the Smartphone started increasing.
As a result of this, many land based casinos opened their website so that their existing players can gamble from their home comfort. The basic point is that no casino is willing to lose their customer base. In addition to this, many online casinos came into the market and they started opening their website and offer various discount offers to attract more customers. But if you are planning to start gambling from home through your Smartphone, first you will have to choose a reliable casino. Not all online casinos are good and many run away by duping the money deposited by the players.
Hence the first step as a casino or online gambler will be to choose a reliable casino which is trustworthy and will not run away with your money. In addition to that, if it is a reliable casino like online-casino-thailand.com then you may get some advice on how to win tips from them. Since the number of online players is increasing by leaps and bounds, it is very much necessary to know the basic strategies of winning in online gambling.
In this article, let us throw some light on some of the well-known betting strategies of winning in gambling.
Fallacy of the gamblers
This is considered to be one of the most commonly used theories in the history of gambling. As per this theory, if chance of occurring any expected event fails to occur, gamblers expect that it will happen more frequently in the future. For example, while flipping the coin many times, it lands on head, the general belief is that it will fall on tail in the next flips. But in reality, this theory is considered to be totally false.
This theory is found to be applied in games like craps and roulette. One must understand that each roll of the dice in the game of craps and each spin in the game of roulette is an action independent by itself. The result of one turn has absolutely no influence over another’s result. This concept of Gamblers Fallacy was made famous in an event in the casino of Monte Carlo in the year 1913, where a roulette wheel showed 26 black spins in a row. This event was considered to be a very rare occurrence and the surprising fact is that the 27th spin can have the same chance of landing in red as the first spin.
This strategy is considered to be a particular betting system but not at all a theory in gambling. In this betting strategy, you are supposed to double your betting amount until and unless you win in the game. The basic idea behind this system is that you will definitely win at the end and while doing the same, you will be able to recover all the losses and in addition will help to add a profit to the initial bet made by the gambler.
Just to start with an example, if you are able to start with an initial bet of $5 and lose the game, then you will be betting an amount of $10 in the next game. You will have to continue with this system, till you win at the end of the game. Henceforth, your next betting amount will be $20 and then $40 and so on. If you win after placing a bet of $40 and the payout is 1:1, then you are going to win $80 after making a total bet of $75.
The problem with this betting strategy is that you may not be able to win for a long period of time. It may also so happen that you may not be able to win at the end of the day, thus losing your entire money in the process. If the odd of winning the game is 1/10, then you will have to shell out a huge amount of money to see the win at the end of the process. So, until and unless, if you have a huge bankroll to support you and there is no limit on the table for a single bet, your chance of a devastating loss will increase in this system.
This betting system is very old and is approximately 900 years old. The betting system followed in this betting strategy is same as that of Martingale, but is not exactly the same. It is considered to be a more gradual approach. Instead of doubling the amount in each consequential bet, this system uses the following process –
Hence you can see that each bet becomes equal to the sum of two bets made previously. In this betting system, players continue to move through the progression after each and every loss. But the interesting fact is that they jump back just two spaces after each and every win. If you win $13, your next bet is going to be $5. In this betting strategy, it has been found that the gambler can reclaim the losses two at one time. The system is found to be ended if the player has been found to be returned to the original sum invested and won the game. Like the previous strategy, this strategy is full of losses, but since it is a gradual one, the losses of the player are found to be minimum and less that the Martingale one.
Hence choosing a right betting strategy is very important to win a game or gamble properly without making huge losses.