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Gambling Tactics – Strategies To Improve Your Winning Chances

It's only natural that as a regular gambler, you're going to be looking at any means that'll allow you to win more often. We all start our gambling journey knowing that the casino has a built-in edge. This means that even with so-called 50/50 bets, the house still maintains an advantage. In order to mitigate this, and pull the odds back into our favour, we need to examine all strategies and gambling tactics. By carefully utilizing these, we can only hope to see more winnings as we progress.

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Gambling Tactics That Might Double Your Winnings

Of all the things that many gamblers aim for, doubling their bankroll is up near the top of the list. Of course, this is going to mean different things to different players. If one player has a bankroll of $500, and another $15,000, then in order to double their money, they would need to look at completely different games and gaming strategies. Today, we thought we would have a look at some of the more unorthodox gambling tactics and jackpot winning strategies that can be used by gamblers in order to double their winnings. Some of these may not be to your liking. But that’s probably just because they’re not as exciting as other gambling methods.

Be As Bold As You Dare

When it comes to gambling tactics, being bold simply refers to the amount of money you put on any single wager. For example, taking $10,000 and putting it on the number 16 on the roulette wheel is going to be a pretty bold move. And if it turned out that the $10,000 was your whole bankroll, then it’s probably the boldest (or reckless) move you can make at the casino. As you are probably aware here at Jackpotfinder.com we don’t recommend betting in this manner. There’s nothing smart about being reckless. Always approach casino games with a preset budget. Both for your gambling session and for individual bets.

Gambling Tactics: Watch For The House Edge

One of the absolutes about casino gambling that you should always keep in mind is that the house has a built-in advantage over every casino game. There’s a slight mathematical edge. This is why they say, “the House always wins.” Because of this house edge, your only real possibility of doubling up is by playing boldly. Yes, there’s a rather large possibility that you will lose your whole bankroll very quickly. Even if you are playing more passively your bankroll would still be slowly depleted because of the casino’s edge.

In truth, the maximum boldness strategy appears to be counterintuitive. Yet, on the other hand, there are those who claim that it makes the most sense. So let’s have a look at it in greater detail

Roulette Even-Money Bets

Whether you’re playing in a land-based casino or online at Bodog Casino, you’ll find that roulette has a huge house advantage over the player. If you’re playing on an American roulette wheel, then there are 38 numbers. That means by placing an even-money bet, you have 18 chances to win. But that also means 20 possibilities for you to lose. Even money bets in roulette are as follows:

Odd/Even
High/Low
Black/Red

The probability of winning any of the above even-money bets is simply 18 / 38. This gives you a 47.37% chance of winning. You can see this is pretty close to having a 50% shot of winning. Yet, in reality, having a 47.37% chance of being able to win the jackpot online isn’t such a bad thing. When compared to other casino games, it’s still a pretty good wager to make.

Bodog isn’t just super-safe but also super-fun

Don’t Divvy Up Your Bankroll

Some more cautious players think that a better option is to divide their bankroll into two parts and make two separate bets. In this case, the odds only increase, as you have to win both bets. And the likelihood of taking home winning from two consecutive bets is around 1 in 5. As you can see, that’s not nearly as good as the 1 in 2 in play for a single shot. The truth of the matter is that if you place two even-money bets on roulette, then it’s necessary to win both of them in order to show a profit. There’s a probability of 28% that you lose both of these bets. By design, the probability of losing is always going to be slightly greater in these situations. So, not the best gambling tactics.

Double Your Winnings With One Crazy Bet

Though doubling your bankroll is a great goal for many casino players, there are many others who’re looking to gamble for their enjoyment. You may even see some professional gamblers who claim to make a career at the jackpot games tables. These are “Advantage Players.” Essentially, they are professional poker players, sharp sports gamblers, and card counters.

Gambling Tactics: Look For Even The Tiniest Edge

Advantage players all have a measurable advantage over their opponents. This can be in the form of an edge. It all depends on the game of choice. It’s important to understand that by taking one big shot, you’re going to turn the randomness of any individual results in your favour. By being able to work out even the smallest advantage against the house, then your gambling tactics and objectives should immediately shift to playing a long game.

All statistics to do with RTP and house edges only function by taking into account a very long period of time. If you are able to be successful in the long run then you’re able to suppress the house edge. Whatever method you are using, you’d better stick with it, and utilise it every time you play.

Advantage Bettors Play A Longer Game

OK, we’re not suggesting that you should lose your shirt before making your big move. If for example, you’re counting cards, it’s possible to get close to a 1% edge over the house. This doesn’t change the fact that your chances of winning any individual bet are still below 50%. The only way you gain a real advantage is because, with a 3 to 2 payout, you’re increasing the probability. If you decide to go all in with just one hand and use up your entire bankroll in one mad blaze of glory, then the chance of going broke is massive.

If you watch how advantage bettors play, notice that they start their betting with just 1% to 2% of their total bankroll. Over the whole session, they continue betting the same percentage. This means that, as they add winnings to their bankroll, they can steadily increase the betting amounts. And thereby their related winnings.

Gambling Tactics Making Hard Choices

So you’re thinking about how to double your winnings. Then it’s fundamental that you look for the casino bet which gives you the largest probability of winning. As we have previously seen, the idea of doubling up means that you need to get in and out as quickly as possible. For a start, any bet that pays off more than even odds needs to be ignored completely. Keep in mind, that the potential of a huge payout comes with a very low chance of winning. For example, you probably already know that there’s a 47% chance of winning even-money bets in roulette. On the other hand, it’s perfectly feasible that you may find a European wheel though. By having only a single zero instead of the double found on US wheels, you can go from 18/38 to 18/37 on even-money bets. This will help to increase your jackpot winning chances.

What About Blackjack Gambling Tactics?

On paper, this may not seem a great deal of difference. But keep in mind that you’ve been bumped up to a nearly 49% chance to win. Let’s be frank, but finding a 50/50 bet in the casino is going to be a very popular choice with all gamblers. This is because, without a doubt, it’s going to be the best deal you can possibly find. There are some players who claim that real money blackjack is a better choice. They say that, with the right gambling tactics, the house edge is diminished over time. But in truth, the odds of winning a single hand in blackjack is around 42%

Conclusion: Obscure Gambling Tactics

Although it goes against all the advice we normally preach, it’s obvious that the easiest way to double your winnings when gambling at the casino, both land-based and online, is simply to play with maximum boldness. Though we don’t recommend it, we will say that if you bet your whole bankroll on one even-money bet, then you’re certainly being bold. If you’re looking for the best bet to make, then we recommend that you pick one from the roulette table. We suggest that you head over to Bodog Casino, as they have a huge selection of roulette bets, especially with their live dealer games.

At the end of the day, gambling is really just for entertainment purposes. If you do decide to play a bolder strategy, by placing your entire bankroll on one single bet, then you should expect to lose it. However, you choose to gamble, whether you’re better slowly, boldly, or recklessly, always be prepared to step away from the gaming table and call it a day. This is all part and parcel of responsible gambling.