{"id":240,"date":"2021-01-15T10:00:00","date_gmt":"2021-01-15T10:00:00","guid":{"rendered":"https:\/\/casinorank.com\/index.php\/2021\/02\/09\/a-successful-gambling-strategy\/"},"modified":"2021-12-10T10:09:04","modified_gmt":"2021-12-10T10:09:04","slug":"a-successful-gambling-strategy","status":"publish","type":"post","link":"https:\/\/casinorank.com\/gambling-strategies\/a-successful-gambling-strategy\/","title":{"rendered":"A successful gambling strategy"},"content":{"rendered":"<h2 id=\"winnings-probability\">Winnings\u00a0Probability<\/h2>\n<p>Casinos stay in business because, <i>in the long term<\/i>, all events happen as often as predicted. In other words, given <strong>enough<\/strong> spins of a single-zero roulette wheel, all the numbers will come out, on average, 2.7% (1\/37) of the time.<\/p>\n<ul>\n<li>In the <i>short term<\/i>, this <strong>doesn&#8217;t<\/strong> happen. Given 37 spins, 37 different numbers will almost never come out.<\/li>\n<li>Some will come out more than once; some will not come out at all. Some may get out three or even four times.<\/li>\n<li>Test this theory yourself on Roulette, with this FREE Roulette game (courtesy of\u00a0Miami Club Casino).<\/li>\n<li>You&#8217;ll get 3000 practice credits which are enough for hours of play. Keep spinning the wheel and see how often you can get the same number twice &#8211; if at all!<\/li>\n<\/ul>\n<h3 id=\"winning-and-losing-streaks\">Winning and losing streaks<\/h3>\n<p>Results come in two ways: either alternately or consecutively.<\/p>\n<p>However the results come, there is always a discrepancy between predicted probabilities and actual events. Unfortunately, there&#8217;s no way of knowing which games will be published ahead of probability and which behind, but it does give us the basis for a gambling strategy which, if applied correctly, can make you the edge over the house and ensure you lose small and, hopefully, win big.<\/p>\n<p>The odds, winning streaks, and house edge pages explain in detail how results can occur in any game. (If you haven&#8217;t read those pages yet, it may be best to do so before you continue).<\/p>\n<h3 id=\"dont-expect-always-to-win\">Don&#8217;t expect always to win<\/h3>\n<p>The first thing to understand is that we&#8217;re looking at a strategy over some sessions, large enough to offset freak results. This approach will result in some losing sessions, but most will be winners.<\/p>\n<p>This is an important rule: Don&#8217;t expect to win every time &#8211; decide on your session limits (a winning target and a maximum loss) and stick to them.<\/p>\n<p>Let&#8217;s say we start a session with a bankroll of \u00a31000 and are making \u00a320 bets on a 50-1 chance (0.02 probability, 2% luck.) We&#8217;re making 50 bets with a 50-1 chance, so according to long-term probability, we should end up equal. But 50 bets is not long term so that the long-term trends won&#8217;t apply.<\/p>\n<p>The key to understanding this is to say that if a 50-1 chance comes up to the first event or in the first ten or twenty results, then at that point, you&#8217;re beating the long term odds, so that is the point to stop gambling <strong>(quit while you&#8217;re ahead)<\/strong>.<\/p>\n<p>Of course, it&#8217;s possible that the bet will come up two, three or even four times in the fifty. But in some sessions, it won&#8217;t arrive at all, so if you chase another occurrence, you&#8217;re just giving the probabilities time to even themselves out. Do that on every session, and you&#8217;ll lose &#8211; guaranteed.<\/p>\n<ul>\n<li>If you win on the first bet <i>and stop<\/i>, you&#8217;ve spent \u00a320 and won \u00a31000 &#8211; an overall profit of \u00a31000.<\/li>\n<li>If you win on the tenth bet <i>and stop<\/i>, you&#8217;ve spent \u00a3200 and won \u00a31000 &#8211; an overall profit of \u00a3800.<\/li>\n<li>If you win on the fiftieth bet, you&#8217;ve spent \u00a31000 and won \u00a31000 &#8211; an overall profit of \u00a30.<\/li>\n<li>If you win on the first bet <i>and keep betting<\/i>, but don&#8217;t get any more wins, it&#8217;s the same as if you&#8217;d bet 50 times i.e., your overall profit is 0.<\/li>\n<\/ul>\n<h3 id=\"gambling-fever\">Gambling fever<\/h3>\n<p>The temptations to chase losses or keep gambling when you&#8217;re winning are adamant &#8211; some call it gambling fever.<\/p>\n<p>If your bet comes up on the first chance, the temptation is very strong to keep betting, thinking that&#8217;s it&#8217;s bound to happen again. But you&#8217;re then gambling with your winnings &#8211; which is <i>exactly<\/i> what the casino wants &#8211; and needs &#8211; you to do.<\/p>\n<p>It&#8217;s like the episode of South Park where the townsfolk get together $10,000 and bet it all on Roulette. They win $350,000 &#8211; enough to save the town. But then someone says &#8216;If we win again, we&#8217;ll save the town and be super-rich. Let it ride!&#8217;<\/p>\n<p>This is what the casinos depend on. There&#8217;s no way to escape the golden rule <strong>(in the long term, the casinos always win)<\/strong> and, if you play long enough, the probabilities will always catch up with you.<\/p>\n<p>It&#8217;s very simple: if you always bet until your bankroll is gone, you will be a <strong>loser<\/strong> overall. The key to this gambling strategy is to keep all sessions (losing and winning) short.<\/p>\n<p>If you follow this strategy, keep your losses down and don&#8217;t gamble away your winnings, in the short term you could come out ahead.<\/p>\n<h2 id=\"main-4-rules-for-success\">Main 4\u00a0Rules for Success<\/h2>\n<ol>\n<li>Stop after a win (quit while you&#8217;re ahead!)<\/li>\n<li>Change games frequently, especially when you&#8217;re winning.<\/li>\n<li>Set a limit to your losing sessions<br \/>\n(a maximum number of losing bets, or an amount of cash)<\/li>\n<li>Don&#8217;t bet good money after bad i.e., when you&#8217;ve lost, quit.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"Winnings\u00a0Probability Casinos stay in business because, in the long term, all events happen as often as predicted. In&hellip;\n","protected":false},"author":3,"featured_media":2521,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[347],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best Gambling Strategy Online | CasinoRank<\/title>\n<meta name=\"description\" content=\"What makes a successful gambler? 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