Category: Betting

Betting

Why do you lose more

Why do you lose more

Casinos offer gamblers the opportunity to take risk of their money and in case of luck to leave the casino with a considerably large sum of money.  But it is not the exception that, while playing games you can both win and lose. However it can seem to an experienced player that he or she loses more, than wins. In reality it is difficult to meet people who assume that they run a surplus after a long session of games at casinos. Why does it happen so? Why are so many people unlucky, while playing at online casino? Maybe, are there any secrets in the world of gambling we don’t know?

Remember that there is nothing bad in any casino and luck has nothing to do with your losses or winnings. The reason for that each casino beats the player is that the majority of casinos has the house edge. In its nature the house edge means that the casino has a little bit more chances to win, than a usual player. For example, when you are playing Blackjack, the probability of dealer’s winning is slightly higher, than the player’s. Even if you play according to the basic strategy, the dealer will have an advantage in any situation. The same can be told about other games of Online Casino – Craps, Roulette, Keno, Slots and so on.

If you can think logically, then it is quite pertinent to make a conclusion that there is no sense for the casino to offer games where the playing organization loses during the long period of time. That’s why if there was any drain of money from the playing organization, the casino would make some corrections into rules of games to get the advantage again, otherwise this game would be immediately removed from the turnover.

Betting

Review Of Gaming Software

Review Of Gaming Software

What are other reasons why you should play at online casinos? Well simply, Online gambling sites give you must better odds of winning at their games then land based casinos. This is because online casinos only have a fraction of the expenses that their land based counterparts have . Internet casinos do not have a huge building to pay the mortgage for as they are in cyberspace and they just need larger enough dedicated servers to handle the influx of traffic coming their way. Plus they do not have a huge electricty bill or machine repaires to pay for. The employee count is also much lower. All of this translates into higher profits for the online casinos which they will pass unto you by giving you a much higher payout on all of their games. There is no comparison in any way between the 2 and that is why online casinos are growing at a double digit clip and places like Las Vegas are experiencing a downturn in business.

Review Of Gaming Software

Gaming software is a critical component of any casino gaming system, without comprehensive and reliable gaming software there can in fact be no online casino industry at all. Gaming software is also important for a number of other reasons and these reasons relate to among other things fair play and online security. As far as fair play and casino fairness is concerned online casino gaming software plays a pivotal role in determining just how fair an online casino actually is, for example, the use of independently audited random number generating software is essential and any reputable casino should be able to display established software fairness credentials on their website.

Independent auditing is a complicated and thorough process, a given casino will be audited for fair play via random number generator software applications, pay out percentages based on a monthly average, pay out minimums, back end operating systems as well as other key casino operating factors. There are a number of different independent auditing firms which the online casino industry uses in general, these include TST or Technical Systems Testing, Price Waterhouse Coopers, eCOGRA, Certified Fair Gambling or CFG among others. Another trusted website is Player Casino, which has been accepting players fromSouth Africa for over 10 years.Any reputable casino should be displaying the logo or acronym of at least one of these independent auditing firms. It is a good idea if you are considering playing at a casino to ensure that their gaming software is powered or provided by a reputable and large gaming Software Company and also displaying one of the above mentioned independent auditing firms.

Online casino gaming software also plays a very critical role in the look and feel of any particular online casino game, choosing a casino with a reputable and well known online casino gaming software provider will guarantee that your online casino experience is the best it can be, online gaming providers are responsible not only for the audio and visual quality of a game but also the fairness of the game as well as online security aspects.

Betting

Kelly’s criterion

Kelly’s criterion

In this strategy the bank interest is not fixed and it depends on the correct determination of the event probability. Kelly’s criterion doesn’t permit bankruptcy, because it determines sizes of bets, depending on your cash. There is no risk of getting full bankruptcy. But the criterion demands proper evaluation of your chances for each event. According to this condition we get the optimal size of the bet, while using the next formula:

(Coefficient * prediction) – 1 / (coefficient -1)

For example, your bankroll is $10000, and the sum of event coefficient is 5.00, then your prediction will amount to 0.25 (25%). The result is 5.00 * 0.25 – 1) / (5.00 – 1) = 0.0625. This means that we should make a bet of $625 (0.0625 * $10000).

The main advantage of this strategy is that by decrease of the bankroll, less money is lost i.e. by your average bet of 10% from the bank, having lost 6 times in succession, you will have 48% from your initial bankroll.

But Kelly’s criterion cannot lead you to large profits. Your bankroll will grow only per 5% from your proper determination of the probability. If you set a goal, finish the game after you have achieved this goal. Only in such a way you can understand that your money has been earned. Many gamblers use the Kelly’s formula, but they consider it to be rather risky as it demands the proper evaluation of events chances. If you overestimate your chances, there is risk of losing your money, because the size of the bet, calculated according to the formula, will be rather large. You can use Kelly’s formula only for calculation of that how much you should bet on the game 2 in comparison with the game 1.

Betting

Flexibility in gambling

Flexibility in gambling

Key to the successful game is generally to manage this with right mindset. The effectual gambling needs approaching it as the game & nothing else. The objective is getting the win in case, you can. In the same way, one must not totally eliminate aspect to lose. It means risking just amount you are very keen to lose.

Casinos online give flexible time in the gambling

The casino players will enjoy online gambling at own pace. Also, there is not any need to hurry and make the hand decision in the blackjack as there is not any waiting dealer & other blackjack players over to put little pressure on the game. Read our best online casino reviewsto find out the best places to play.Playing at casinos online will encourage the gamblers to contemplate on the games without need to hurry. As time is friend while gambling in casino online, gamblers online can appreciate the games better & will learn at own pace.

Betting

Progressive slot machines

Progressive slot machines

Adhere to the main rule, while playing progressive slot machines, and the success will be definitely on your side: Always play by the maximum bet i.e. having armed with a maximum number and maximum face value of coins in a progressive slot machine, only then press the button “spin”. Otherwise it will be a great pity for you when you realize that saving on bets hasn’t given you a maximum progressive jackpot at online casino, because you know, this winning is the most attractive target, while playing in progressive slot machines. Is it worth spinning barrels, if you don’t struggle for your goal?

For beginners it is necessary to explain, how it is possible to make a maximum bet in a progressive slot machine. The formula is rather simple:

Maximum bet = maximum number of coins + maximum face value of coins.

The first thing you should do, while playing in progressive slot machines, is that you should activate all lines in a slot machine and insert a maximum number of coins there. In classical slot machines you can find one, three (sometimes five) active lines and the maximum number of coins in a game is up to five coins.

The next your step is to choose the maximum face value of a coin in a slot machine. More often game producers make the fixed face value in their slot machines and in such a situation you will not have a choice. Press the button “max bet” and it is a sure thing. But there are progressive slot machines that offer several coin face values. Among them try to choose the biggest one according to the value. And only then press the button “spin”. Good game!