Tag Archive: coin flip

With just two possible outcomes, a coin toss is one of the best ways of resolving any dispute. Not only that, but everyone has some small change handy. This means a result can be decided within seconds. It doesn't matter if the thrower catches the coins or lets it fall to the floor, the result still stands. The ancient Romans used this. And today, all football matches have the referee tossing a coin to decide which team kicks off the game. It's the same story in cricket with who starts to bat.

As they say, "wherever there's a chance, then there's a chancer." Gambling is no different. Because the games rely on Lady Luck, many gamblers look at gambling in terms of strategies and preconceived methods by which they are more certain of turning a win. For anyone who wants to believe they can control the fates, there are hundreds of people who are happy to pray on them. By offering sure-fire betting systems guaranteed to be successful, money is being made off of stupidity and desperation.

The idea of going into a casino and walking out with life-altering amounts of cash is so uncommon that it's almost a myth perpetuated by the casino to keep wishful-thinking gamblers constantly returning. The truth of the matter is that all players will lose in the long run. That's how casinos are designed. But you can do better by sticking to low-volatility games. These will give you a smaller payout, but more often. As such, these many little wins help stretch your bankroll out even further.

Whenever you come across a new online casino, one of the first things that jumps out is the generous welcome bonus offer that's available for all new customers. But, even though it might look very tasty, we recommend that you hold off simply grabbing the first bonus that comes along. The reason is that all bonuses come with any number of conditions. Furthermore, you need to understand whether the bonus represents good value for money. To this end, you need to calculate its Expected Value.