Following are my commandments of gambling. I have said most of this advice elsewhere but almost everything I have to say about gambling in general can be summarized below. Don’t rely on hunches. Always make the mathematically best decision. On the players side is the unlimited use of clairvoyance and other psychic powers. The casinos have the mathematical odds on their side. Which one always wins in the long run? Expect your money will go up and down like a roller coaster in the short run. Even professional gamblers with an edge can have bad losing streaks as they ride the ups and downs of short-run bankroll fluctuations. Likewise terrible gamblers can do extremely well in the short run. In any form of gambling almost anything can happen on a short-term basis.
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In general the harder a game is to understand the smaller the house edge is if you play it correctly. Your best bets are the more complicated games of blackjack, craps and video poker, assuming you play them wisely. Your worst bets are the simple games of pure chance like keno, roulette, and the big six wheel. By the way, if you want to get tennis predictions, we recommend that you follow the link provided and subscribe to the blog section updates.
Set limites for the maximum loss per session and for the entire trip. Don’t bet more than what you would normally spend for entertainment. Do other things besides gamble. Don’t play drunk or tired.
Avoid the urge to insure against events that will caused you to lose or push rather than win. For example never take insurance in blackjack or bet on any craps or any seven in craps. The house edge on hedge bets is always very high. If you are afraid of losing then don’t gamble.
Read also: Gambling Basics.
There are plenty of charlatans promising systems that can beat games of luck like roulette, craps and the lottery. Most systems trade a lot of small wins for a few huge losses. In the long run it is impossible to beat the house at games entirely of chance.
It pays to shop around for the best possible playing conditions. In many games, especially blackjack and video poker the rules can vary from one casino to another and one state to another. Know what rules are favorable to the player and seek them out.
Among the worst bets in the casino are the $1 side bets in Let it Ride and Caribbean Stud Poker, carrying a house edge usually well over 20%. Side bets in blackjack and pai gow poker are not as bad but are also to be avoided. Also avoid variations in rules such as crapless craps and commission-free baccarat. Even with perfect play the odds are worse than the normal rules. By the way, if you want to get betwinner welcome bonus, follow the provided link. Victory will be yours!
Read also: Risk-Free Profit by Placing an Arbitrage Bets.
Don’t forget that gambling is supposed to be a recreational activity. Like many things, what is enjoyable in moderation can be disastrous in excess. If you lose the ability to walk away from the table or machine at will then you shouldn’t play at all.
Creating your own set of gambling rules gives you structure and a clear decision-making process. It removes guesswork and ensures consistency, even when emotions are high. These rules help you stay grounded and avoid reckless decisions during winning or losing streaks. Instead of relying on chance, you operate based on logic and proven methods. Personal rules also build accountability — every action must align with your principles. This shift in mindset turns betting into a disciplined activity, not a random pursuit. The most consistent bettors always follow their own system.
Sticking to a clear staking plan prevents large losses from emotional decisions. With proper bankroll control, even a bad run won’t destroy your betting ability. Professionals never risk money they can’t afford to lose and never deviate from their unit sizes. Financial discipline also removes pressure, allowing you to focus on the quality of each bet. It ensures sustainability, which is critical for long-term profit. Without it, small mistakes can quickly snowball. This is why bankroll management isn’t optional — it’s foundational.
Chasing losses often results in doubling or tripling stake sizes out of frustration. These decisions are rarely based on analysis and usually end in deeper financial trouble. One emotional mistake can undo weeks of progress. Chasing disrupts any betting plan and throws logic out the window. Most importantly, it shifts your mindset from strategy to desperation. Smart bettors accept losses and move forward with patience. Control is more profitable than reaction.
Emotions can distort judgment and make you overconfident after wins or impulsive after losses. When you’re emotionally attached, you may abandon strategy in favor of gut feelings. Remaining neutral helps you assess opportunities with clarity and avoid overreaction. It also reduces stress, making betting a more stable experience overall. Successful gamblers separate outcomes from their self-worth. They know every bet is just one of many in a long-term plan. Emotional control is a competitive edge.
Keeping records of every wager allows you to spot trends in your own behavior. You can analyze what types of bets work best, where mistakes repeat, and how often you go off-plan. Without this insight, it’s easy to blame luck or repeat bad habits unconsciously. Bet tracking transforms intuition into measurable feedback. It helps refine strategies and builds confidence in decision-making. Even small adjustments can make a big difference over time. No professional operates without data.
Thinking of each bet as an investment forces you to consider risk and reward carefully. It changes the way you evaluate opportunities, moving away from gut reactions. You begin focusing on value, timing, and long-term returns instead of excitement. This shift in perspective leads to more cautious, strategic choices. Gamblers who think like investors typically avoid impulse plays and stick to their plan. They aim for steady growth rather than quick wins. That’s how consistency is built.
Understanding probability reminds you that no outcome is guaranteed, even if it feels likely. Many losing bets are still good bets because the odds were in your favor. Likewise, some winning bets are bad decisions cloaked in luck. Respecting probability helps you accept variance and stay emotionally stable. It also improves your ability to find value by comparing odds with actual likelihood. Professionals make decisions based on probabilities, not hopes. This is the mindset of a true strategist.
Overconfidence leads to ignoring data, overbetting, and assuming you’re above losing. This mindset blocks learning and increases risk-taking without justification. Every bettor is vulnerable to variance, and arrogance blinds you to it. Professionals remain humble because they know no edge is permanent. Success in betting is fragile and requires constant discipline. The moment you believe you can’t lose, you’re likely to make your worst decision. Humility keeps you in control.
Quality always beats quantity when it comes to long-term betting success. Betting too often increases exposure to poor odds and emotional decisions. Selective wagering means waiting for strong opportunities backed by research and value. It helps you conserve your bankroll and maximize returns from high-quality plays. Professionals don’t feel the need to be active every day — they wait for the right spots. This patience leads to more efficient betting performance. Less can truly be more.
Focusing on long-term results shifts your mindset from chasing wins to building systems. You begin to care less about individual outcomes and more about the logic behind your bets. This reduces frustration and emotional overreaction. Over time, patterns emerge, strategies improve, and losses become part of learning. The goal becomes consistent growth, not streak-based validation. Long-term thinking rewards discipline, analysis, and mental stability. It’s what separates players from professionals.