Far too many people lose money at online casinos due to avoidable mistakes. Think of people who bet all their money on a single roulette bet. They might be obsessed with the color red. So, they put all their money on red.
Winning a red/black bet in roulette has the same odds as flipping a coin. Now, would you risk all your money in a coin flip? Exactly—learn how to become a better player before you spend all your money at betting sites.
In this article, we’ve outlined some of the things you can do to win real money online gambling games. Let’s dive right in.
Understand How Casino Games Work
For you to win money in a slot machine, you need to place a bet. Then you spin its reels and hope that winning symbols will appear on the lines. Sometimes they do. Sometimes they don’t.
Winning symbols appear often if you’re playing a high-RTP slot. If it’s a video slot, you could also trigger free spins, multipliers, or a bonus round. Against that backdrop, it’s in your best interest to learn how to find great slot machines.
Likewise, you need to understand how blackjack, poker, and roulette work before you spend your money. Blackjack is a card game played between two people—you versus the casino. The goal is to produce a hand of 21.
With poker, the outcome is usually to produce the best hand. In some poker variations, though, producing the smallest hand can win you money.
Specialize in Your Favorite Games
Playing different casino games is great. But it won’t help you become an expert. If you want to be a solid gambler, specialize in one or two games. Take elite gamblers as an example.
Daniel Negreanu and Phil Ivey seldom participate in anything else besides poker. They’re dedicated to the game of poker. And thanks to this razor-sharp focus, they’ve been dominating poker tournaments over the years.
Another example is Don Johnson. He once won over $10m from casinos in Atlantic City in 2011. But if you’ve never heard him dominate poker or slot machines. It’s the same case for billionaire Billy Walters—he made his fortune on sports betting.
Bottom line: select a niche and excel at it. Start by playing slots. They’re the easiest casino games to play. Unfortunately, they’re based on luck, meaning it can be difficult to hone your skills.
Try different table games: craps, roulette, baccarat, blackjack, and Keno. Choose games you find enjoyable. Then figure out how to become a better player.
Practice! Practice! Practice!
You’ve settled on playing blackjack to win money. Now what? Find a free-to-play blackjack app and practice the game as often as possible. Keep in mind blackjack has several variations.
Classic blackjack is the most popular variation. But you could also experiment with Blackjack Switch, Spanish 21, Perfect Pairs, and Atlantic City Blackjack. Play the game against human opponents—it’s more exciting and competitive.
Also, use blackjack strategies to increase your chances of winning. Basic blackjack is one of the most respected blackjack systems out there. It’s legal and comes with a cheat sheet you can download and carry to your favorite casino.
If you like to play slots, find games with demo modes. Most video slots have a free version you can play to get a sneak peek of what to expect in case you play it for real money.
Read Online Tips and Tutorials
It seems pointless to watch tutorials about winning slots or roulette. Yet, these tutorials could improve your gambling skills tremendously. You see, there’s always a trick to improve your odds for any casino game.
Let’s start with slots. A common tip is to play high-RTP video slots. And it works. Video slots are packed with bonus features like wilds, scatters, and multipliers. If the game has a high-payout rate, you can trigger its rewarding features regularly.
Without this knowledge, you can get stuck on low-RTP slots. Or, you might decide to play classic slots even though these games have no bonus features. Beyond slots, games like blackjack, roulette, and baccarat have systems that could improve your profitability.
Learn these systems by reading or watching online tutorials. More importantly, implement them while practicing. This is especially true for games of skill like poker. Many poker players are constantly improving their skills. You must do the same if you want to win regularly.
Learn Bankroll Management
Some people are good gamblers but terrible bankroll managers. The result: they win often but they’re profitable. If you want to become successful in casino betting, learn how to manage your money.
Create a budget using an amount of money you can afford to lose. That means no money meant for emergencies, bills, or meaningful investments. Then create a staking plan—a system to guide you on how much to bet in every betting session.
Your staking plan should include taking profit and stop loss targets. Let’s say you should take profits if you double your money. Or, you should cut losses when you lose ten hands in a row.
Being a good money manager helps you become a disciplined person. And when you’re disciplined, it’s pretty easy to become successful in the long term.
All good managers keep records. They have records of their profits and losses. They keep records of their business plans, strategies, and failed experiments. Keeping records makes you learn from your mistakes and perfect your strengths.
Let’s say you’re a roulette player. You have records that show you win more money at European roulette compared to the American version. Perhaps you can minimize losses when using casino bonuses.
You can use these records to improve your profits. Precisely, you can avoid American roulette entirely and find more bonuses to help you minimize your losses.
Another benefit of records is that they help you evaluate the success rate of different strategies. You can use the Fibonacci system for a week and then switch to the Martingale system to compare the results.