How to Become a Successful Online Gambler
February 19, 2019 (Investorideas.com Newswire) If you want to become a successful online gambler, you need to understand that success is measured by how much enjoyment you can get for the smallest amount of money possible. That's not to say winning money is impossible. It's actually quite possible if you have the discipline to follow a few simple rules (see below).
To get started, you will need to choose 1-2 online betting sites that offer what you need. Review sites like https://www.newbettingsites.uk/can be very useful because they summarize and rate online gambling websites in a manner that allows for quick comparisons between websites. Your two main concerns should be making sure your targeted websites have the proper licenses in a reputable jurisdiction and they don't have significant problems with payout. If you can check those two boxes, success will depend on your ability to gamble.
Online Casino Gambling
Casino gambling involves very little skill. Video slots and table games are all games of chance that give the house a specified financial advantage. If you choose to play online casino games, the best chance you'll have for success is learning how to play your targeted games correctly. By doing so, you'll be able to minimize the casino's advantage.
As for video slots, online casinos are required to provide information about each game's "Return to Player" (RTP) percentage. It's best to choose games with some fun and exciting bonus features and a RTP percentage no lower than 95%. Always play maximum coins and watch for bonus opportunities. If you have access to popular progressive jackpot games like Mega Moolah (Microgaming) or Mega Fortune (NetEnt), the potential massive jackpots can make the risk worthwhile.
As for table games, Baccarat and Blackjack offer the lowest casino advantage while games like Red Dog, Three Card Poker and Texas Hold'em heavily favor the house. There are no SYSTEMS that will reduce the casino's advantage. Learn to play the games properly and avoid exotic bets with high odds.
Online Sports Gambling
Betting on sports relies a bit more on skill and hard work. Anyone willing to spend time handicapping a game or match will have a higher degree of success than someone who is just guessing or betting on their favorite team or player.
Statistics and team comparisons can be found online. Each sport has its handicapping nuances, but all of them can be analyzed. We know success is possible because 5% of the world's sports bettors make a living as professional handicappers. Not professional guessers.
Prior to jumping into the deep end of the pool, you should develop good handicapping techniques and practice/hone those techniques before you start betting on games.
Rules for Successful Online Gamblers
As indicated above, there are a few simple rules you can follow that will help you become a more successful online gambler. These rules are:
- Never wager more than 3% of your total bankroll on any casino game or sports event
- Establish a cap on your daily losses and have the discipline to abide by it
- After a large win, withdraw some of your winnings to assure you have a successful day
- Set win limits and walk away when you hit them
- Never ever gamble with more than you can afford to lose
- Do not "chase" losses
- Take advantage of online casino and sports book bonus offers (even with restrictive terms and conditions, free is free)
- Focus on one game or sport at a time and make yourself an expert
- Have fun
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. This article is paid for published third party content and not the content of Investorideas.com . Learn more about posting your articles at http://www.investorideas.com/Advertise/