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While many of the gambling facts you may have picked up in Las Vegas may be useful in online gambling it’s important that you realize you can find some critical differences. But with a familiarity with the truth surrounding your chosen game, and armed with some gambling tips from experienced online players, you shall find online gambling not only a fascinating and exciting adventure bit also the opportunity to turn your gambling hobby in to a profitable venture.
Never chase after your losses. Do not enhance your bets because you’re losing and want to get even; only enhance your bets as part of a pre-determined strategy.
Don’t gamble at any game that you don’t understand. Learn it first.
Don’t gamble and drink at the exact same. It’s hard enough to win at gambling even without dulled senses.
You will lose more frequently than you win and the longer you play the greater likely that fact is. And it is true whether you are discussing hands of blackjack, rolls of the roulette wheel or throws of the dice.
The key to winning is to maximize your wins and to minimize you losses.
Learn and memorize the odds at the particular game you have chosen to play and also the most effective strategies to use within an effort to maximize your winnings at that particular game.
Never gamble with “dear” money; only gamble with “excess” money. To paraphrase, never gamble with money that you’re going to need, or may need, to pay your daily bills.
For anyone who is playing against other players online this really is doubly important. The minute you start gambling with “dear” money the additional player will sense your heightened stress and play accordingly – often bullying you out of a bet because they know you are more tentative with your “dear” money.
Set a stop loss amount and stick to it. Divide your total gambling bankroll into four separate amounts. Divide each of those amounts into four smaller amounts. If you lose among the smaller amounts, change tables or games or simply take a break. If you lose your entire first allotment, stop gambling for the day.
Be disciplined and avoid the gambler’s demise of going into your next allotment because you feel like your luck “just must turn around.”
Plan ahead. Whenever you start a gambling session determine the amount that you want to win (be realistic) and written by Ggather when you reach that point put the cash away and walk.
When you are winning, draw some money occasionally through your gambling bankroll and put it into a “do not touch” bankroll to protect that portion from further risk.
No money management system will ever overcome the home advantage over the long term. You will lose more often than you win. The key is the fact that you need to win more big bets and lose more small bets.
