Make no qualms about it, luck is the biggest factor when it comes to pure gambling at a live casino and hitting a big win. This is especially true for casino games and online slots. If you know how the game is played, then you can identify when you can tip the odds in your favor. Let’s look at some of the myths and misunderstandings when it comes to winning online.
If you’re blindly spinning a roulette wheel, playing online slots and even trying your hand at blackjack then you are entirely dependent on luck and unpredictability. Whilst in some games you can increase your chances of winning such as with blackjack, you’re still at the mercy of the house edge. However, luck does not have to be the only factor for such games thanks to bonuses and promotions. Savvy gamblers know that by going after certain bonuses and assessing terms such as wagering requirements and a slot’s RTP (return to player) percentage, they can tip the odds in their favor and statistically win over time. So whilst luck is the main factor, there are opportunities where it does not have to be the only factor.
Remember when we said that you can increase your chances of winning at blackjack but you are still at the mercy of the house edge? This means that by incorporating a perfect strategy, you increase the RTP percentage of the game and reduce the house edge, but the edge is still there so you’re unlikely to beat it in the long run. You can’t count cards at online blackjack because there are too many decks and they’re entirely random. Moreover, don’t even think about trying to manipulate a roulette wheel with some farfetched strategy such as Martingale, you will quickly lose all of your money!
We’ve all seen those people who lurk around a slot machine thinking that it is due to a big payout. Some people try to utilize the same strategy with online slots but it does not work! It is entirely random and every single spin of a slot machine is entirely independent of the other. The same principle applies to a roulette wheel, a blackjack hand, and every round of a casino game. Don’t try and time a slot machine for a big payout because you are likely to be disappointed.
Some people think that a game seems to pay out more in demo mode than playing with real money in a bid for a platform to get you to wager with your real money. This is not the case, the game is identical but you are just using virtual imaginary money rather than your own. Playing demo mode can be a good way to familiarize yourself with a certain game, but it is the same. Every spin is just independent of the other, remember?
Remember, games are entirely random and are based on the mathematical equations that are baked into their algorithms. If certain players seem to win a lot more often than you, then it is highly likely that they are losing more than you too! Despite what you may have heard, online casinos do not favor certain players.
When you increase your stake in an online slot machine game or a table game, you are merely increasing the unit that you will win. For example, a 20 cents bet on a x10 payout will win $2 and a $2 bet on the same payout will win $20. The chances of this win occurring however are exactly the same, it’s just that the wins are proportionate to the bet. Obviously to win more money with a higher bet, but you are also more likely to lose more money too. Everything is proportionate!
Now that you know some of the misleading myths, let’s take a look at some cold hard facts:
Every game has a slightly different Return to Player (RTP) percentage. This means that on average, certain games will lose more money for players than others. When you select a game with a higher RTP, you will on average lose less. This becomes even more critical when assessing bonuses and promotions where you are looking to turn luck around over time.
Playing with high stakes that you cannot afford to lose is a surefire way to lose all of your money. Effective gambling is about effective bankroll management. Bet with sensible stakes proportionate to your bankroll and you are more likely to play systematically and more responsibly.
The most effective way to win online is to take advantage of bonuses and promotions. Understanding the terms and conditions of such promotions is key such as
A high wagering requirement could be the difference between luck being on your side or the house’s side. Good luck!
