Monday, June 18, 2007

Wise Online Gambling

The 10 commandments of Wise Online Gambling
1. Keep your gambling expectations realistic.

2. Before you start playing, decide how much money you can afford to lose - gamble only with that amount.

3. Don't go beyond the spending limit if you lose.

4. Predetermine a goal for your winnings, when you reach it, put it aside and gamble only with the rest.

5. Even when on a winning streak, raise your bets only gradually.

6. Leave the table after five repeated losses.

7. Never play when you are tired or under narcotics.

8. Play only at tables you can afford. You should be able to cover at least 25 bets.

9. Stop playing while you're ahead.

10. Have fun. - Tell you the trouth I think it's number 1 :-)

Did you ever gamble

If your answer to this question is no, then you most likely don't know what gambling is. That's great! It means you came to the right place.

We all gamble, all the time. We make decisions based on the facts we have. What car should I buy, what deal will be most successful... These are bets we have to make - hoping they could save us some money. But what if we could make money by gambling?

Do you like gambling? If so, you probably aren't very successful at it. Most of the professional gamblers extremely dislike what they do. No rush of adrenalin like in the films, far from feeling excited and overwhelmed when in the casino, usually they find their work tiresome and repetitive, surprisingly very close to what most of us feel just before facing another long day at work. If anything paid as well they would jump at the offer (nothing really does). That's why most professional gamblers lecture at conventions, write books and find different ways to share their techniques with others. Not because they're broke but because they find those things more satisfying than gambling itself. So be careful to avoid enjoying your gambling too much.

If you find gambling very enjoyable and full of excitement, the probability is that you aren't on the right track to becoming a successful one. As for those who have never gambled yet, don't worry, it's not all hard work, online gambling is definitely the best way to combine work and pleasure...

Can you expect to make money at these games? YES. With the proper skill and understanding you can have a mathematically proven edge over the casino. That means that, over a period of time, if you know how to play skillfully you will make money. These games are called positive expectation games. (Have you ever seen a negative winner?)

We will be giving specific tips about the way to beat these games in future. Remember that to be long-standing winners at these games you need to be skilled players who have learned the proper techniques completely. And don't forget -practice makes perfect.

Blackjack: Talking about beatable games - Blackjack is one of the first games established to be so. Using the card-counting technique, expert players can foresee times when the deck is in their favor and they have high chances of winning. This technique can give the skilled player an edge of .5 to 1.5 percent over the casino. Here are a few more games that have been mathematically shown to give the skilled player an edge over the house.

Casino poker: Since this game is played against other players and not against the house, your skill is compared with the other players at the table. The differences will determine how much you can win (The best man does). It is not unheard of for a professional poker player to make $100,000 per year in casinos and legal card rooms.

Video poker: Learning the proper playing strategy, on certain machines, can give the experienced player an edge of up to .8 percent over the house. On certain sophisticated video poker machines this edge can be even higher. Remember that only skilled players can expect to master this edge, and use it to their advantage.

PARIMUTUEL WAGERING: If your skill at picking winners in horse races, dog races or jai alai matches (called handicapping) is better than the other gamblers betting on the race, you can expect to be a winner. As the casino poker, this is another gambling occasion where you are confronting your skill against that of the other gamblers.

SPORTS GAMBLING: In this field, to see good results, you must really know the sport you are betting. Professional gamblers who bet on sporting events have a very deep knowledge of the sport they are betting. Other games that have a positive edge over the house include Pai Gow Poker and, under very unusual circumstances, Caribbean poker and Progressive slot machines:.

Just before we plunge more deeply into this fascinating world of web based gambling there are a few guidelines that are accentual for those who want to become winners.