Gambling Strategy – Myths and Facts You Need to Know
Gambling has existed for millennia. Ever since the first gambling games, gambling enthusiasts have tried to develop the most effective strategies for ensuring stable and consistent results.
But, as it happens in such an industry, myths and facts can quickly get mixed. So much so, in fact, that it’s sometimes challenging to tell them apart.
In this gambling guide, we’ll take a look at some of the essential gambling strategy facts you should know and debunk a few of the biggest gambling myths.
Gambling Strategy Facts You Should Know
It’s a well-known fact that the casino always has the edge over you. No matter how good of a strategy you have, there’s no foolproof way of guaranteeing a win when gambling.
That said, some gambling strategy facts are based on reality and could enhance your chances of success.
Everyone Needs a Proper Bankroll Management Strategy
No matter if you’re a pro gambler or a casual casino fan, you need proper bankroll management. This is 100% a fact and one that can make a world of difference in your overall experience.
When you develop a bankroll management plan, you’ll know exactly how much you spend and how much you win over time.
Equally as important, you should also set a loss limit. That way, if you get on a bad streak or lose a particular amount of money, you’ll know you need to stop before you spend more than you can afford.
Progressive Betting Strategies Are Mostly Ineffective
Self-proclaimed casino online experts often advertise how progressive betting strategies can help you win huge amounts of money. However, this is far from the truth.
Although progressive strategies like the Martingale and D’Alembert systems can win you small amounts short-term, they’ll almost always end up setting you on a losing track long-term.
Slow Slots Strategy is Better Than a Fast-Paced One
This gambling strategy applies across all slot games, no matter which type you prefer to play. The reason for this is simple – slot games come with a very high house edge compared to most other casino games.
Not only that, but they are very simple and streamlined, so you can rack up hundreds of spins in just one hour.
When you combine these two facts, you’ll essentially be putting yourself in a situation in which you can burn your money at a very fast rate. Because of this, simply slowing down your rate of spinning can be a very effective strategy to win more playing slots.
If you keep the number of spins per hour at around a few hundred, you’ll be getting much more playing time out of your total bankroll.
Biggest Myths About Gambling Strategy
There are countless gambling strategy myths circulating in the industry. Some of them are simply silly and outrageous. Others could actually hurt your success if you follow them when playing your favorite casino games.
With that in mind, let’s discuss a few of the biggest gambling strategy myths and help you avoid some of these pitfalls.
It’s Better to Play in a Busy Casino
The basic premise of this myth is that it’s better to play in a crowded casino because you stand a chance of landing a big win. This is technically true, as when you’re playing in a busy casino, the prize pools will be more rewarding.
But, there are a couple of reasons why this is, in fact, a myth and not based in reality.
From an individual player’s perspective, your winning chances will still be the same. The slot machines aren’t more likely to hit because they’ll get hot, and you won’t be getting closer to any big wins just by putting in time at the specific games. This is a poor strategy to follow and will only end up costing you the money you could’ve otherwise saved.
Keep Pushing Through the Loses – A Win is Inevitable!
So, you’ve been playing for some time, and your session has been abysmal. But, you have the feeling that the best strategy is to continue betting as the next big win is just around the corner! However, we have to nip this dangerous myth right in the bud.
Many casino players swear by this myth justifying it by talking about how luck-based games operate in the long run. But, they fail to consider that the long run doesn’t apply to several sessions or a few thousand rounds. The payout numbers are theoretical percentages across billions and trillions of games.
The truth is that slots, roulette, and all other luck-based games are entirely random and that there’s no possible way to predict the outcome or say when the next win will come.
Chasing a win thinking that it’s inevitable will only lead to one thing – even more losses. There is no such thing as “being due” when gambling, so when you hit your limit, just stop. You might have better luck on your next session.