Feeling lucky? Fantastic, because good luck is indispensable when playing casino games. Still, you need a little bit more than luck to beat the odds at a casino, so we asked the pros. Here are their top ten tips for beating the world’s best online casinos at their own games.
1. Set a Limit on How Much You Will Wager
If you want to beat the odds at casinos, always start with a betting plan. Set a maximum limit for your bankroll (the total amount of money you’re willing to lose). When the bankroll is gone, stop playing. Period.
Once you’ve determined your bankroll, one way to stretch out your play is to divide your bankroll by the number of bets you wish to wager. Use that amount as your maximum bet for any game.
2. The More You Know, the More You Win
The only players who walk out winners are the ones who know the games. Always get to know each game you’re playing before you play if you want to beat the odds when gambling at the world’s best online casinos.
For each game, master the rules, the betting table, the odds, and the payouts. Use free online games to practice. More importantly, play the free games enough times so you learn what to expect in terms of winning and losing at that particular game.
3. Play the Games with the Lowest House Edge
Every casino game makes money for the casino. There are no exceptions. This profitability is called the house edge.If a game has a house edge of 5%, you can expect to lose $5 out of every $100 you bet over the long run. The only guaranteed way to reduce the house edge is to play the games with a low house edge.
Craps, on some bets, has the lowest house edge (as low as 0.027%), offering the best odds of winning some money. The highest house edge goes to Keno, which can max out at 35%. You might as well just throw your wallet on a campfire.
4. Keep Your Winnings
This might sound surprising, but most players that win money at casino games walk away with small wins. Beginners, thinking they can score big, are rarely satisfied with modest wins. They keep playing for more until all their winnings – and their bankroll – are gone.
There are two ways to make sure you don’t lose your winnings.
• You can set a modest limit on your winnings – say, 25% of your bankroll – and quit playing when you’ve reached that limit.
• The pros, on the other hand, set aside their winnings. They bet only the money in their bankroll, they never bet their winnings. When they lose the bankroll, they walk out with everything they’ve won.
5. Avoid High Payout Bets
No matter what style of game, any bets with flashy payouts carry the worst odds to win and the highest house advantage. The biggest offenders are Keno, straight bets in roulette, inter- and intra-casino progressive slots, and the proposition bets in craps. Keep your bets on the low payout bets – 1 to 1 and 2 to 1 – and you are more likely to beat the odds at your online casino of choice.
6. Average Is Your Enemy
Despite the house edge, luck is a significant factor in games of chance. You could have a streak of good luck and beat the house. However, if you play enough games your luck – and the overall odds of any game – will always average out, which means you lose.
Nothing gets you to average more quickly and often than playing a lot of games. A critical skill in beating game odds when gambling is knowing when to walk away from winning streaks before they average out.
7. Don’t Believe the Hype
The only people who make money from systems “guaranteed” to beat casino odds are the people who sell those systems. If you’re sold on some method or system, try it out on a free game first rather than learning it doesn’t work after you’ve played real money. You can only beat the odds at casino games if you know clearly what to expect at the table.
8. Practice Betting Systems before You Use Them
That takes us to betting systems.
There are more betting systems that will “beat the casino” than there is time to name them all. Despite the hype, NO betting system will ever flip the advantage to the player. However, some strategies can reduce the house advantage if done correctly. While it’s possible to increase your odds of beating the house, you must master the game, odds, and payouts before attempting to use any betting system. Then, you need to practice both the betting system and straight betting on a free online game to discern any advantages or disadvantages.
By taking this approach, when you play for real you know more about what to expect from the betting system you’re using. More importantly, you may figure out how to make it work.
9. If You Must Drink, Don’t
Your greatest asset for beating the odds at casino games is your good judgment. That’s the reason casinos give you free drinks.You may think free drinks are part of your winnings. They aren’t. If they were, casinos would continue to give you free drinks after you’re done playing. They don’t.
In the end, it is cheaper for you to play with a clear head and buy your drinks later.
10. Consider Playing Games of Skill
The only casino games where players make money are games of skill, such as poker. In these games, the advantage goes to skilled players. You may never become skilled enough to survive a round with professional players at the world’s best online casinos, but with some practice you can become good enough to shave the house advantage in games like video poker.
On some machines, the house advantage is so low (around 0.47%), that it’s possible to flip the advantage to a skilled player. Imagine that! There is no more satisfying way to beat the odds than becoming better than the machine itself.