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Casino strategies that work |
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If anyone ever tries to tell
you about a casino strategy that works and that strategy is based on games of
pure chance please ignore them. Any such strategy is fundamentally
flawed, yet its surprising how many of them still do the rounds,
particularly in the Internet age. The most common strategy postulated
is the martingale
one. This basically involves doubling up after each losing bet to the point
where you have doubled your original stake. The theory has it that you are
bound to double your dosh using this strategy if you play on long
enough. Sadly this is nonsense. This is mainly because none of us has
infinite wealth so if you face a particularly bad run, youd simply end up
bankrupt. But when it comes to games of pure chance in a casino, its
fundamentally flawed due to the house edge.
Even in games like roulette where the chances of winning do come
close to even money there is always the house edge courtesy of the zero
slot and double zero slot in US roulette table versions. This small difference
is sufficient over time to put the odds marginally in the houses favour
and this is all that is necessary for the house to win out over sufficient time
with a big enough number of players. And rather like water dripping on a rock
face, the house edge - however small will make a big hole in your
finances over time if you only play games of chance like roulette. There is no
strategy that works as long as the roulette table is true. Of course, with
online casino versions of roulette,
there is no chance of the table not being true because it only exists in
virtual reality.
But there was one famous case from history where
Yorkshireman
Joseph
Jagger doubted the random nature of roulette wheels and profited from it.
In 1873, Joseph paid people to covertly watch the spins in a casino in Monte
Carlo. He found out eventually that one wheel favoured certain numbers. He
placed his best accordingly and won a fortune. It is said that the song "The
Man Who Broke the Bank in Monte Carlo" was written about him. Now that really
is a system!
Otherwise, no system exists when playing long enough at
games of random chance. But there are a couple of exceptions to this
rule
Firstly, theres the stoozing
of bonuses method. The world of online gambling of all kinds and particularly
online casinos and bingo etc., is highly competitive. The reason is because
its potentially extremely lucrative and is, ultimately, a simple numbers
game as weve explained here. Ergo, lots of people on the house side of
the fence want your business. This is because they know that youre likely
to lose eventually because of the house edge. And this is fine; the games are
great fun to play, after all, and many people do win very large and
life-changing amounts.
The fundamental principle is essentially the
same as any state lottery. With state lotteries, usually somewhere around 50
per cent of money staked comes back in prize money. So for every pound you
gamble, you get 50p back in prizes. So as a hypothesis, if the total amount of
tickets was 60 million and theyre £2 each and someone said you
could buy the lot youd get £60 million back which
wouldnt be the best deal youve ever made!
In other words,
lotteries make no statistical sense for punters but we all keep coming back on
a what if? type of basis. We all like to dream and the same is true
of having a punt on an individual number on a roulette wheel for example,
except here, the odds are far and away more favourable than they are on the
National
Lottery.
So with the competitive nature of the industry come lots of
bonus offers which are well worth taking up if you have the perseverance.
Otherwise, you have to specialise in games of strategy such as poker
tournaments, to stand a chance of winning. Here, if youre good enough,
you may win out. But as for games of chance sorry, there simply are no
winning systems..
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