While we’ve all heard the stories about how people have won big playing poker, slots and blackjack, we’ve also heard about how many people have lost everything. The casinos would like you to think that you can win big and often if you just keep playing — but it doesn’t always work out that way. The reality is that there are a few strategies to try when gambling online. And not all of them will work for you — but at least they’ll give you a fighting chance!
1. Don’t play to win — play to have fun!
For those of you who are familiar with card games, don’t think of this as a card game where you’re trying to win. Instead, think of this as a card game where you’re trying to have fun. Like a game of Connect Four, where each player must try and connect eight pieces of different shapes, with as few colours as possible. Play until you don’t remember what the numbers were, or you lose. Here are some tips to make sure your gambling experience is as good as it can be during this new technology age.
Have fun and don’t be afraid to lose — and try different strategies. Let’s pretend I’m playing blackjack. The 21st-century version of blackjack is to bet $5 on one card, then $3 on the next, and so on. That’s a seven-card draw, and the dealer has two options: they can keep the deal or they can walk — as in they can continue to deal cards until the end of time.
Let’s quickly run through the basic rules of blackjack.
You must have a maximum of 21 on the slide before you pay any money to the dealer. Then pay the dealer the maximum amount (in the form of currency or check) that you can afford to pay in one transaction (example: if you are playing with a $20 bill, you cannot pay less than $20 because you would have to pay $21).
There is no limit to how many times you can pay the dealer before paying your hand in full. The Keep or Walk option ends a deal whenever either of the players pays the dealer in full (this can be negotiated).
2. Know when to walk away from a losing hand
There will come a time in every entrepreneur’s career when they realize they’re in a losing business. It’s important to know when to walk away from a losing business and cut your losses instead of sticking it out. Buffets and impulse buys have existed for as long as we’ve known how to shop. But there’s a new level that online gambling has brought to it. It doesn’t matter if you have 100 dollars in the bank, if you can’t afford to buy 4 tickets for $10 each, odds are that you’re going to have a bad time.
Online gambling is not gambling in the traditional sense of the word. There are some differences, but they can leave you in a terrible place if you’re playing every second you have. Budgeting for your Saturday night’s rent isn’t something you can do when you’re spending money you don’t even have.
Just because you’re not risking money doesn’t mean you’re not putting yourself in a position to lose everything. Today against the odds, gambling isn’t a game you can risk every moment of your life. The general idea is that you need to know what you’re gambling on.
3. Gamble online in a reputable casino that has been around for a while
There are a lot of online casinos in the world. Some of these casinos have been around for a long time and you can tell by their reputation. Other casinos can pop up and disappear in a matter of months. When you gamble, make sure to play in a reputable casino that has been around for a while. The hardest kind to win at when you are just starting is in-play wagering. What if all bets are off and you haven’t played your cards? What might that mean? It could mean all your investments have gotten wiped out! It’s a bitter pill to swallow, but if you aren’t careful and ready with cash reserves, then big wins aren’t likely to happen to you.
So, the truth is that there are only a few things you should be aiming for when you start. Building a relationship with an investment adviser is one of the best goals you can set. But don’t be fooled: You can’t just do it because you happen to search on Business Insider or watch videos on YouTube. Managers and operators at the big online casinos will likely have better things to do than ask you if they will hire you.
For the most part, you’re just playing against people from all over the world. It’s easy to play against a bunch of people locally who have an advantage because of their location. Of course, you’ll have a chance to beat someone out of a pot if you come in too high, but as long as you’re in a reasonable pot, you should be fine. So, people around the world will still have an advantage. So the rules will be relatively relaxed, too. The only rule is that you cannot “bang your head,” do anything illegal or completely lose focus (lose your identity) when playing. If you’re serious about winning, then don’t play.