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Learning gambling tips is a great way to improve your odds of winning. These tips help you make the right bets and decisions so that you can win more money.

However, you can’t take every piece of advice at face value. Some of these so-called “tips” are awful advice in disguise that will quickly drain your bankroll.

You should always make an effort to learn gambling strategy in order to win. But you should also avoid the following nine pieces of terrible advice so that you don’t damage your bankroll.

1 – Slot and Video Poker Machines Pay in Cycles (Don’t Let Anybody Take Your Jackpot)

Video poker and slot machines both offer a variety of payouts, ranging from small prizes to
big jackpots. Each of these payouts is programmed with specific odds of occurring.

Small slots prizes and lower-ranked video poker hands have the best odds of coming up. Meanwhile, slots jackpots and royal flushes have the longest odds.

It’s not difficult to understand that you have a better chance of winning smaller prizes than big ones. But how these payouts are determined can get confusing.

Unknowledgeable players commonly subscribe to the idea that slots and video poker deliver prizes on a cycle. Here’s an example of how this logic works:

  • The average video poker variation pays a royal flush on approximately 1 in 40,000 hands.
  • Those who believe in payout cycles think that the royal flush will be paid after exactly 40,000 hands.
  • The same gamblers advise that you continue playing the same machine so that nobody can “steal” your jackpot.

The advice that somebody can steal your jackpot seems logical. But the problem is that there’s no such thing as payout cycles in video poker or slots.

The odds of each payout being delivered are merely long-term averages. However, these odds are by no means cyclical.

You might earn a royal flush after playing just a single hand, or you may be waiting for 200,000 hands before getting one.

Continuing to play a game just because you think that a jackpot is right around the corner is a terrible idea. Your odds of winning any prize are the same on your current round as they are in the next.

Don’t extend your bankroll any further than you feel comfortable with because you think that a payout cycle is coming to an end.

2 – You Can Win a Lot of Money with Systems

Gambling systems see you bet in a specific pattern in hopes of making more profits. You can find a wide range of systems, including classics like the Martingale to advanced strategies that involve complicated math.

The basis of gambling systems is that you can manipulate your chances of winning by betting a certain way. For example, the Martingale calls on you to double your bets after every loss.

Here’s an example on how the Martingale works:

  • $10 bet loses ($10 in total losses).
  • $20 bet loses ($30 in total losses).
  • $40 bet loses ($70 in total losses).
  • $80 bet loses ($150 in total losses).
  • $160 bet loses ($310 in total losses).
  • $320 bet wins ($10 in total winnings).

In theory, the Martingale will always see you win back your losses plus a small profit. But there are multiple factors that will ensure you eventually fail with this system and similar strategies.

Casinos have table limits in place to prevent you from continually doubling your wager after losses. Once you hit the max bet, you have to accept your previous losses since you can no longer double your next wager.

Even if there weren’t table limits in place, you’d eventually have such a bad losing streak that you’d lose your entire bankroll trying to double bets.

The Martingale and other strategies, like the Fibonacci, Labouchère, and Paroli, all have their limitations. No betting system has ever been devised that circumvents the house edge.

Instead, these strategies merely allow you to capitalize on hot streaks (e.g. Paroli) or win money back from losing streaks (e.g. Martingale). Betting systems are also extremely volatile, though, and can see you lose your bankroll rather quickly.

The only systems that truly work are those used in daily fantasy sports (DFS), sports betting, and esports betting. These are all skill-based games that can be beaten with the right strategy.

A sports betting system involves a combination of variables that may indicate a profitable trend. Here’s an example:

  • You’re betting on the MLB.
  • You find that underdogs often cover the run line under the following variables:
  • Swept in three-game road trip.
  • Playing first game of a home series.
  • Starting pitcher has a 2.50 ERA or better.

You would then find any game that fits this criteria and bet on it to take advantage of the trend. Again, though, sports betting is a skill-based game that can be beaten over time.

House-banked casino games, on the other hand, feature a house advantage. Therefore, you can’t expect to consistently beat these games with a system.

3 – Place Bigger/More Bets to Earn Extra Comps

Earning rewards on your play is definitely a highlight of gambling. It’s especially fun to collect land-based casino comps like free meals, drinks, hotel stays, cash back, and free play.

But some players overvalue slots comps and place bigger bets and/or extend their sessions just to earn more rewards.

It’s perfectly fine to continue playing if you feel like it and have the bankroll. However, you should never extend your session just to collect more comps.

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The biggest thing to understand here is that casinos don’t comp you at a very high rate. As a low stakes gambler, you’ll usually only be comped on 0.1% of your wagers.

Here’s an example on how much you’d earn in rewards versus your theoretical losses:

  • You’re playing a slot machine with a 5% house edge.
  • You make $3,000 worth of wagers during your session.
  • 3,000 x 0.05 = $150 in theoretical losses
  • You’re comped at a 0.1% rate.
  • 000 x 0.001 = $3 in rewards
  • 150 losses – 3 comps = $147 difference

You can see that the amount of losses you’re taking on just to earn a few dollars’ worth of rewards isn’t worth it. The best idea is to risk what you’re comfortable with and let the comps come naturally.

4 – Keep Playing — You’re Due for a Win

One of the most-overused gambling phrases is that you’re “due for a win.” Some players dispense this line as advice, meaning that your previous losses set you up to win in the future.

This idea stems from the belief that gambling odds have to average out. If you’re in a long losing streak, it seemingly makes sense that you have to start winning in order for the odds to even out.

Here’s a scenario that illustrates this logic:

  • You lose three blackjack hands in a row.
  • You know that you’re supposed to win almost half of your blackjack hands (46.36% to be exact).
  • You double your next bet from $25 to $50 in anticipation of this win.

The theory that you’re due for a win after losing streaks is based on the “gambler’s fallacy.” This fallacy is centered on the illusion that past outcomes can indicate feature results.

But it’s important to realize that the past has no bearing on casino game odds. Your chances of winning a blackjack hand are 46.36% no matter how many hands you’ve lost before.

It’s difficult to accept a losing streak and cut your losses. But it’s even tougher to risk your bankroll by continuing to bet big every time that you’re expecting a guaranteed win.

5 – Hedge Your Bets to Guarantee Wins

Casino games like craps and roulette allow you to bet on multiple outcomes within the same round. Doing so adds excitement since you can get more action per turn.

This is a form of hedging your bets, where you wager on different outcomes in order to mitigate your risk. But hedging wagers only works in skill-based forms of gaming like sports betting.

The reason why hedging sports bets can work is that the prospects of a certain wager can change. Here’s an example:

  • The New York Jets are playing the Miami Dolphins.
  • You wager on the Jets at +125.
  • The Jets’ starting running back gets hurt in practice.
  • You believe that the Dolphins are now offering more value.
  • You hedge by wagering on the Dolphins at -135.

The same scenario doesn’t happen in house-banked casino games with fixed odds. Seeing as how the odds don’t change, hedging bets doesn’t do anything for your long-term chances of winning.

The lowest form of hedging casino game bets is wagering on two opposite outcomes. An example is if you made roulette bets on both red and black (red/black wager).

Doing this almost guarantees that you’ll win. But there are two distinct problems with hedging here:

  • You only receive a 1:1 payout for wins, meaning your bets cancel each other out.
  • European roulette features one zero pocket, which can cause both of your bets to lose.

It makes no sense to hedge your wagers like this because you won’t earn any profits when you win. Plus you’ll be up against a 2.70% house edge when accounting for the zero pocket.

You may be fully aware that it’s a bad idea to bet on directly opposing outcomes. But you can also use systems in either roulette or craps that involve combining multiple wagers in order to hedge.

One classic example is the Iron Cross in craps, which sees you wager on the following:

  • Place bets on 5, 6, and 8 (each one pays 1:1).
  • Field bet (pays 1:1 on 3, 4, 9, 10, and 11; pays either 2:1 or 3:1 on 2 or 12).

The Iron Cross seems like a great system because it covers all numbers except for 7. You’ll win 80% of your wagers with this strategy.

But the key problem is that you lose all four bets if a 7 is tossed. You’ll also lose your three place bets when anything other than 5, 6, or 8 is rolled.

The Iron Cross features a 3.87% house edge when taking everything into account. Your chances of winning are better if you simply stick with basic wagers like pass line (1.41% house edge) and don’t pass line (1.36%).

Long story short, you can’t hedge with single bets or systems to beat house-banked games.

6 – Play Skill-Based Games — They Offer Long-Term Profits

The ideal gambling scenario is to become great at a skill-based game and win long-term profits. Games like poker, DFS, sports betting, and esports betting all give you this opportunity.

Some gamblers will strongly advise you to jump into these games because they give you a realistic chance to win money. But your odds of winning are only as good as your skills.

These types of games see you compete against fellow players, rather than the house edge. The casino/gaming site only takes a small commission (a.k.a. “rake”) on each wager.

You can win a great deal of money assuming you’re better than the competition. But the problem is that the average player isn’t better than the competition.

This can lead to heavier losses than simply sticking with house-banked games like baccarat or blackjack, which can both feature a 1% house edge.

I’m certainly not saying that you should stay away from poker or sports betting if you’re up to the challenge. You do, however, need to work on improving your skills in order to win more money.

The methods of improvement all depend upon the exact game you’re playing. Here’s an example on everything you can do to become a better poker player:

  • Poker books
  • Strategy articles
  • Twitch streams from pros
  • Training videos
  • Joining a training video site
  • Hiring a coach

Everything comes down to what type of gambler you are. If you’re somebody who wants to get some thrills without learning intense strategy, then baccarat, craps, and slot machines are up your alley.

You may also be perfectly fine with being at a disadvantage in games like poker and DFS. But these options are even better when you’re willing to put the effort into improving your strategy knowledge.

7 – Don’t Use Player’s Club Cards on Video Poker and Slot Machines

One of the oldest casino gambling myths is that you shouldn’t use your player’s club card on video poker and slot machines. The logic is that these games are programmed to pay less when you use your card.

This is another bad piece of advice that sounds reasonable in theory. You can’t see the inner workings of a slot machine, so it makes sense that a casino could program the game to pay less.

Going further, it would be in the casino’s best interest to make sure that you win back less money when you’re getting rewards.

But the myth-buster here is that the comps you receive aren’t worth anywhere near your theoretical losses.

Here’s an example to compare your comps to potential losses:

  • You’re playing a blackjack game with a 1% house edge.
  • You bet $2,000 total.
  • 2,000 x 0.01 = $20 in theoretical losses
  • Your bets are comped at a 0.1% rate.
  • 2,000 x 0.001 = $2 in rewards
  • 20 / 2 = 10
  • Your losses are 10x greater than the comps.

Failing to use your player’s club card on a slot or video poker machine isn’t going to crush your bankroll. However, it will rob you of the chance to earn rewards.

8 – Poker Is All About Knowing Your Opponent

Here’s a common quote that’s been uttered in poker for decades: “Poker isn’t about the cards, it’s about knowing your opponents.”

This quote stresses the importance of considering your opponents’ tendencies, rather than just looking at your cards. But it also creates the false impression that you can simply stare down an opponent, read their soul, and make crazy bluffs to win pots.

Knowing your opponents is definitely a big part of poker. However, good play involves a number of elements too – not just blindly watching other players and forgetting about in-depth strategy.

Strategy basics include understanding table position, what hands to play/fold in each spot, identifying opponents’ hand ranges, pot odds, and implied odds. You also need to learn situational play and review your own sessions after the fact to improve.

Becoming a really good poker player is a long grind that involves experience and intense study. No clever saying will ever change this.

The advice that you should know your opponents definitely holds true. But don’t let this saying convince you that poker is only about observing other players.

9 – Blackjack Is the Best Game for Beating the Casino

Certain gamblers will tell you that blackjack is always the best game for beating the casino. The reality, though, is that this is only true in some cases.

Blackjack can be one of your best options for beating the house. However, the right rules must be in place to create a low house advantage.

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The most-important rule involves whether you receive a 3:2 or 6:5 payout for a natural blackjack (21 on first two cards). A 3:2 payout lowers the house edge by 1.4%.

Being able to double down on any total lowers the house advantage by 0.25% when compared to double-down restrictions (e.g. 9 through 11).

The dealer standing on a soft 17 (rather than hitting) decreases the house edge by 0.2%. You also want the option to double down after splitting because this reduces the casino’s edge by 0.17%.

The goal is to find blackjack tables that offer several favorable rules and feature a house advantage ranging from 0.5% to 1.0%. Don’t, however, sit down to any random blackjack table under the assumption that you’ll have a great chance to win.

Conclusion

The nine tips discussed here prove that you can’t believe everything you hear at the table or read online. Some pieces of gambling advice are just plain bad.

The thought that gambling systems work over the long run is one of the worst tips to fall for. Gambling systems don’t overcome the house edge, and they can lead to heavy losses when your luck turns sour.

You also want to avoid any notion that you’re due for a win. Past losses never indicate future winnings, so don’t raise your bets just because you’ve lost several rounds in a row.

It’s always fun to receive comps from casinos. But don’t play longer just to receive more rewards because the house still has an edge with comps factored in.

Another horrible tip involves playing the same slot or video poker machine under the thought that these games have payout cycles. Holding onto this notion can cause you to play longer and drain your bankroll.

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In summary, you always want to keep an open mind whenever you hear gambling advice. Some tips are of course good and worth implementing into your strategy. But others increase your potential risk and can lead to much bigger losses.