Strategic Gambling: How to maximise wins and Minimize losses in casino.

Casinos are among some of the most popular places to visit in the world. While the ability to play at an online casino means many of us have it all at our fingertips, there is nothing quite like going to a brick-and-mortar joint. They offer hours of fun, glitz, and glamor with tons of ways to play and the potential for big wins. However, it is important that gambling in casinos is approached with a strategic mindset too. Of course, many games involve luck and there is no surefire way to win consistently. However, that does not mean that there aren’t ways you can play that will maximize your chances of winning. By gambling responsibly and tweaking the way you may be tempted to play, you can leave the casino feeling even more fulfilled. Here are some of the best ways to do just that. 

1. Grasp the concept of odds and the house edge.

Before you have even entered a casino, it is imperative that you understand the concept of the odds and the house edge. The odds represent the probability of a specific outcome on any bet made. For example, if you are playing roulette the probability of hitting red is around 47.4% when green/zero is taken into account. The house edge is the mathematical advantage that the ‘house’ (casino and specific game) has on the player, especially if you are playing over time. The house edge differs depending on the game being played. For example, slots and roulette have a higher edge than blackjack and baccarat. Understanding this will help you make more informed decisions when it comes to walking away, whether you are up or down. 

2. Choose your game wisely

Once you have grasped the concept of the house edge and odds/probability, you are ready to select your game of choice. There is no right answer for this but the best choice for you is dependent on your confidence in the rules of any one game and your budget. However, across the board you are likely going to want to choose a game that offers a better chance of winning. Table games like blackjack and baccarat are more likely to offer steadier wins over time than games like slots. Understanding the rules is imperative when making these choices and will maximize your chances of success. 

3. Set yourself a budget (and stick to it)

Setting a budget, and more importantly sticking to it, is not just crucial for minimising your losses but also for more responsible gambling. The rule is, only wager what you are willing to lose. Remember, when playing at a casino it should always be fun. If that stops, stop. If you reach your budget walk away. It can also be helpful to set yourself a realistic winning budget. This again helps you to walk away, rather than carry on and risk losing what you have won. Never chase your losses, know when to fold ‘em. 

5. Change up your wagers

A good betting strategy will help you maximize your chances. A lot of gamblers, especially those who are new to casinos, tend to place the same wager repeatedly. While this seems like a more economical choice, it could mean you lose your money faster. Instead, implement a strategy that involves varied wagers. By wagering lower during cold streaks, you can avoid making big losses and also walk away from the table with your budget still intact. 

6. Take breaks

Taking regular breaks throughout your session helps you to maintain your focus, stick within your budget and prevent yourself from making emotional decisions. Clear your head and reassess your strategy if you are making losses. There can also be the temptation to stay on because you are on a hot streak. This could lead you to making emotional decisions, increasing your wagers and losing faster. Instead, walk away for a while and assess if it would be better to walk away while you are up rather than chase more.

7. Take notice of the bonuses and promotions

Many casinos offer promotions and bonuses for their games, especially to new customers. This is often to attract and retain customers. By utilizing these promotions, you may be able to provide yourself with extra funds for your budget and even play with free spins or chips for table games. Always make sure you read the terms and conditions to understand the wagering requirements or restrictions that may come with these bonuses e.g. specific games you can play with your bonus. 

8. Only play for fun and entertainment

This has been discussed partly above but is one of the most important things to remember when playing in a casino. The casino should always be fun. It is not away to make money quickly, especially if you are experiencing financial trouble. Never chase losses or huge wins and instead embrace the entertainment value of the casino itself and take in all of the fun around you.