How Do You Gamble

The house always has an advantage: No matter what game you're playing, the house (the casino you're gambling in) has an edge.They do not need to rely on luck to win and make money, they just. 1 day ago  Online gambling has exploded amid pandemic, so how do you enforce the law and fight addiction? By Art Raymond @DNTechHive Feb 20, 2021, 10:00pm MST A woman wearing a mask as a precaution against the coronavirus plays an electronic slot machine at the Mirage hotel and casino in Las Vegas on Aug. 27, 2020. John Locher, Associated Press. The gamble system is tucked away under the Modules section on the left panel, waiting for you to choose which games you want to enable for your chat. Level 2 1 point 3 years ago.

1. How Do You Gamble In Casino
2. How Do You Gamble
3. How Do You Gamble Online For Real Money
4. How Do You Gamble On Twitch

Gambling is taking a risk of losing something of value on an unpredictable outcome. When you gamble at either an online or land based casino both you and the casino take a risk in losing something of value. The risk is greater for you because the casino only offers games that provide a statistical advantage to the casino.

However, much statutory and some case law has been devoted to ensuring that casinos and players don't cheat each other by subtly altering the conditions of gambling games without each other's knowledge and permission. You can, though, change the terms of the game. The casino often provides a way for you to do this.

But should you take the offer?

There are two things you need to understand before you can start improving your chances of winning when you gamble. First, you can change the outcome of a gambling game. Second, you will almost always confuse yourself if you try to do the math. These two most common of gambling mistakes help the casinos earn tens of billions of dollars every year.

How You Change the Outcome in a Gambling Game

Many casino gambling games allow and even encourage players to change the stakes, the odds, and even the percentage chances of winning. Here are a few examples of how you can change the outcome of a gambling game (almost always for the worst).

Say you are playing a slot machine game and you win a prize on a spin. A special 'Gamble' button lights up. You are now prompted to play a secondary game, maybe betting on the outcome of a virtual coin toss, using the prize you just won as the stake in your new bet. This is an exciting feature. It also means you are risking the loss of what you just won on a game with a better 'edge' for the casino.

Most slot games have a theoretical return to player above 75%. Games developed after 2010 usually have better than a 90% theoretical return. The RTP is an estimate of how much money would be retained by a hypothetical player who spun the reels continually for a period of several years. It's not a realistic estimate of how much money you will win, lose, or hold on to. It's a statistical measurement used to gauge how friendly the game is to the gambler.

In a coin toss the theoretical return to player is 50% or 1 in 2. So let's assume you just gambled $5 on a spin in the basic slot game and that you won $10. You have doubled your money. Now the 'Gamble' light activates and you are invited to take your $10 and bet it on the outcome of a coin toss. And suppose the 'Gamble' feature allows you to wager on the outcome of two concurrent coin tosses. Now you have a choice: bet on 1 coin toss for a chance to double your $10 to $20 or bet on 2 concurrent coin tosses for a chance to quadruple your money.

Your chances of winning the double concurrent coin toss are 25% or 1 in 4.

You would have a better chance to keep your $10 prize and just spin again on the basic game. By taking the 'Gamble' challenge you improve the casino's chances of winning your next bet. It's like paying $5 for a quarter of pie at one restaurant and then paying another $10 for an eighth of a pie at a different restaurant. Are you really getting a better piece of pie at the second restaurant?

In the game of blackjack if the dealer offers you insurance most experts tell you not to take it. Why? Because you are betting that you will lose your basic wager. The chances of being correct (that the dealer has a blackjack) on your insurance bet are worse than the chances that you can beat the dealer's hand (your original wager).

The bottom line here is that casinos will sometimes offer you ways to change your stakes and your chances of winning to their own benefit. If you want to win at gambling, don't take the deal behind door number 2. Stick to your original game and be consistent. Let someone else win the goat.

How to Confuse Yourself at Any Gambling Game

How to withdraw money from bovada. There is a certain idea among gambling experts that comparing the 'house edge' in various gambling games helps you to make informed choices. The edge is a theoretical return to the casino, the complementary percentage for the theoretical return to player. In other words, in every form of gambling, there is only a 100% allocation of money. Gambling does not generate new wealth; all gambling does is pool wealth between the bettors and redistribute that wealth between the bettors (and sometimes also a middle man).

How Do You Gamble In Casino

In the 1-on-1 game of blackjack there are only 2 bettors in your game: you and the casino. The casino is willing to pay up to the full amount of your bet if you win. It's an even money match up, and that is really what makes blackjack so profitable for a casino. They risk less per round than they do with, say, roulette or a slot game. But if you have been reading blackjack tutorials you should know by now that the house edge is lower in blackjack than in other games, and therefore you have the best chance of winning in blackjack.

In fact, the dealer has a better chance of coming out ahead because at a busy table the dealer is playing multiple hands at once by the most conservative of rules. In other words, the casino is taking less risk per round in blackjack than the players while at the same time multiplying its chances of winning.

Players make mistakes when playing blackjack. Blackjack dealers don't have to make hard decisions. In fact, by always going last the dealer often doesn't have to make any choices at all. The players make most of the decisions in blackjack. And yet blackjack remains profitable for the casinos. The casinos are profiting from player mistakes.

Players make several types of gambling mistakes. One of the most common mistakes is to confuse the probability of winning with the theoretical return to player. The probability of winning is limited to the next round of play. The theoretical return to player is an estimate of what all the players of a game will collectively receive over the life of a specific game (or an arbitrarily large number of rounds in the game).

The rule of thumb is that the more rounds played for a given game the more the actual results of that game will average out close to the theoretical return to player (or the house edge).

How Do You Gamble

But what are the chances of your drawing a natural blackjack on the next deal? What are the chances that the dealer will not win against you on the next deal? These are probabilities that can be computed on the basis of how many cards are left in the shoe, less the cards that have already been played. Those probabilities change as more cards are played but they rarely if ever line up with the theoretical return to player.

The mistake players make is assuming that the house only has a 2.5% chance of winning the next round. The dealer's chance of winning that next hand can be as high as 100% and as low as 0%. The house edge is always irrelevant with respect to any individual round played on any gambling game from keno to slots to blackjack to baccarat.

When you gamble, it's nice to know how much money the house is expected to retain over the next 30 days but that won't help you predict how much you win or lose in any of the next 10 rounds of play.

Expert gamblers like to calculate probabilities but probabilities do not predict the next round's outcome. The roulette wheel always has a 1 in 37 or 1 in 38 chance of landing on any given number. The chance that the ball will land on number '7' 100 times in a row remains 1 in 37 or 1 in 38. That never changes (allowing for truly random spins, although the laws of physics mandate that the spins won't be completely random).

On the other hand, what is the expected probability of a random spin of the roulette wheel producing '7' 100 times in a row? This is where you multiply your individual spin probability (1/3x) by itself the number of times in a row (100 in this case). The expected probability of the wheel hitting '7' 100 times in a row is 1.51296e-157 (a very, very small number). But that low probability has no bearing on the probability of the next spin.

This is the dichotomy of probability theory, where you are dealing with large sequences of independent events. The expected probability does not mean you cannot or will not see the unlikely outcome. In this hypothetical example, we are simply computing how many possible outcomes there are and assuming the chances of producing the same result 100 times in a row are equivalent to a certain percentage of those possible outcomes.

Unfortunately (even semi-) random events have a way of defying the probabilities. But if someone offers you 100-to-1 odds that a roulette wheel will land on '7' 100 times in a row, verify their ability to pay and take the wager. They lose as soon as a different result turns up before the 100^TH spin.

The bottom line here is simple: don't try to do the math like an expert. Random chance will always eventually prove the experts wrong.

What You Must Do to Improve Your Chances of Winning

Here are a few basic rules for improving your chances of winning when you gamble.

1. Stop second-guessing yourself.

Every casino game offers you a fair chance of winning. The games, when played fairly and legally, pay prizes that correspond to the expected probabilities of given outcomes, although casinos will hold back a little bit extra in most games to ensure they make some money. Hence, in roulette, the most you can win is 36-to-1 instead of 37-to-1 or 38-to-1.

The odds are always stacked against you. But random chance favors the fool, as the old saying goes. You just cannot guarantee you are the fool upon whom random chance showers its favors.

1. Take the least possible risk.

In a hypothetical game where you win 100 rounds out of 100 rounds, you will kick yourself if you only wager $5 on each round for the chance to win $5 instead of wagering $100 on each round for the chance to win $10,000 on each round.

In reality, positive thinking doesn't work when you gamble. The more you assume you could win the more you are likely to lose when you do lose.

Risking less does mean you win less per round but that's okay.

1. Manage your money so that you play as many rounds as possible.

You are more likely to win back $100 in wagers if you divide them into twenty $5 wagers than if you divide them into five $20 wagers.

Instead of playing numbers games (which is second guessing yourself) or assuming you will win a certain number of times (which is taking more than the least possible risk) you should assume you are going to lose more rounds than you win. When you play slots or even a modest keno game (like a 5-pick) you can still come out ahead when you play more rounds with small wagers than fewer rounds with large wagers.

But how does playing conservatively work in blackjack, when the average prize is an even money bet? If you lose only 49% of the rounds in blackjack you lose. Okay, smart guy, you know you need to double down a few times. Instead of playing numbers games and assuming you can lose X number of hands and double down on Y hands, just accept that once in a while you'll have to double down to improve your chances in blackjack.

When should you double down? The experts agree that if the dealer is showing a 5 or 6 and you have an ace and anything less than a 7.

You don't need to double a lot as long as you can double enough to come out ahead.

1. Don't try to win big.

That's the real fun in gambling, though, isn't it? You want to win the jackpot, hit the long odds, and outwit the dealer at every hand.

Going for the big win is the worst possible way to gamble. You may not be playing all-or-nothing but you are playing too much.

Still, you can adjust the amount of your wagers upward if you are doing well. Just keep them proportionate to your bankroll.

1. Use a consistent percentage ceiling in your wager to bankroll ratio.

Although it is prudent to limit your initial wagers to 5% of your original bankroll, at some point you may double or triple your money. Does it make sense to continue playing by the original 5% measure?

Most gamblers will feel confident enough to increase their wagers. But while it's usually good advice to ignore all betting systems when you gamble (because each has its flaws), you can set a limit of '5% of your current bankroll down to half', meaning you gamble with $5 bets until you lose half the money you came in with.

If you double your money then you can double your wagers as long as you don't go above 5%.

Five percent is not a magic number. You can set the percentage at 1%, 5%, 15%, or even 20%. You should be consistent about not going above your percentage. You still have the flexibility of making larger wagers if you roll up your money.

1. Divide Your Bankroll At Certain Split Points.

This technique works best in land-based casinos, especially when you can put your money into tickets that are easy to carry around. A split point is a multiple of your bankroll. Say you begin gambling with $200 and you roll that up to $400 at the craps table. Now take half your money and put $200 of it into a ticket.

You can continue playing craps with the remaining $200 or you can try another game. When you roll up your second $200 to $400 again you split the money into another ticket plus money to play with.

After you have 3 or 4 tickets you can rotate them. Never play a ticket all the way down. Leave at least a few dollars on it so you can leave the casino with some money (and a little dignity).

When you gamble online it makes some sense to shift money from the game balance back to your main account. As long as you have money in your game account you should be good. It helps you to stay focused on conservative betting if you take money out of the game when you get ahead of your original bankroll.

1. Play with Casino Bonus Money Whenever Possible

Land-based casinos may not offer you signup bonuses but many online casinos do. Play conservatively with the casino bonus money to increase your chances of fulfilling your wagering requirement with just the bonus money. While that won't always happen the longer you can delay putting your own money into the game the better the chances you'll start winning.

You can try this strategy with the 'no deposit' welcome bonuses some casinos offer but they do limit how much credit they extend to you. You have more bonus money to work with when you accept a deposit match bonus.

1. Stick to the Basic Game.

Whether you play slots, craps, roulette, or blackjack the less complicated you make your game the less likely you'll place dumb bets.

The casino is counting you to make dumb bets. You should count on the casino to be less than generous with its odds on the best most likely to pay off.

There are few progressive wagers that are worth the money. The more you throw into a round the harder it will be to recover from a loss.

In craps bet on Pass or Don't Pass and play the odds but keep it simple.

In blackjack bide your time and don't split every time you get a pair of cards of the same value. Should you really split two 5 cards when you're showing 10 on the table? Should you split two tens? Two nines? You have three options: play the basic game, double down, or split. On some tables you may be able to surrender if you don't like the dealer's cards but look at the strength of your cards first and your options for splitting second.

1. Assume the free games are more generous than the paid games.

When you have a chance to 'try before you buy' at an online casino the free game just may be slightly more generous than the paid version. There are several reasons why this might happen. If you can check the theoretical return to player for a free game and the paid version, look for differences.

Does the free game run on a different server? The different server may be using a different random number generator, a different random seed number, or a different estimated percentage for the theoretical return to player. Variations in all these things can affect the randomness of the outcome of the game.

1. Play low variance games.

Sad to say, but the less volatility there is in the prize to wager ratio of a game the more likely it will pay you prizes. Volatility is an important measure for a casino because it needs to know how much cash to keep on hand. But you need to know how long you may have to play a game before you win a nice prize. That is where the variance comes into play.

Think of variance as 'how much any random outcome of a game varies from the average expected outcome'. There is a relationship between variance and volatility (in fact, some gambling writers use these terms interchangeably). The casino cares more about the volatility and the player cares more about the variance.

How do you judge variance? It comes down to how long you can play the game with your initial bankroll. A low variance game has a tendency to take less of your money.

Hence, as noted above, you can affect the variance of the game in a limited way by playing conservatively and ignoring the extra bets the house offers.

Conclusion

Think of gambling as an endurance race between the bettors. Whoever can go more rounds wins the most money, unless random chance steps in and hands a big win to the individual gambler. Then gambling is more about who has the most self-discipline. The casino is playing a numbers game and just has to be there with enough cash on hand to keep the games going. The player has to have the wisdom and the self-discipline to walk away with the cash.

Harvard Medical School published a trove of data about online gamblers that was collected from 2005 to 2007 by an online casino (Bwin). Researchers who studied the data concluded that about 11% of gamblers were likely to win and that winners were more likely to play less frequently. Subsequently, researchers from the University of Michigan and the University of Connecticut compared that analysis to their own analysis of data from a Native American casino's database. The second study found that about 13.5% of the land-based gamblers were winners.

The good news for most gamblers is that fewer than 5% of them contribute about 50% of the casino's net revenue, and about 10% contribute 80% of the casino's revenue, so most gamblers are not big losers. That means approximately 80% of gamblers share the burden of about 20% of the casino's net revenue between themselves. Given that most people cannot lose enough money (for lack of wealth) to drop into the lower 10% (the Big Losers) changing how one gambles increases an individual's chances of moving into the upper 10%.

Gamblers with little wealth to lose should still learn to make better choices. You cannot guarantee you will win but you can always cut your losses short or take fewer risks. Gambling is more fun when it is just entertainment. If your losses amount to no more than what you would spend on other types of entertainment such as concerts and travel, then have fun.

Let us just state the obvious – mobile phones and tablets are the best inventions of the last couple decades.

Just look at them – they're mini computers.

There's no denying that they've made the world a smaller place. We have access to more information than ever before. We're connected to more people. Anything and everyone is only a tap or two away.

That goes for online gambling, too.

We've written about the benefits of online gambling before, and how it's better than brick-and-mortar casinos. We concluded that the biggest benefits (to online gambling) are the convenience, variety, and saving money.

You can enjoy all these benefits while playing from your mobile device – with an extra helping of convenience on top. Because now you're no longer anchored to your desktop computer. You can play your favorite slot machine, video poker, or table game from wherever you can connect to the internet.

The fastest way to get started is to choose one of the mobile sites from our list below. These sites have the best selection of sports markets, poker, and casino games, as well as special deals and banking options to choose from.

How Do You Gamble Online For Real Money

Choose one and get started now.

How We Choose 'The Best' Mobile Sites

There are three things we look for first when deciding who will make our list of ‘best' mobile gambling sites.

This applies the most to online casinos and poker rooms. Currently, few casinos or poker rooms have full-blown mobile versions of their desktop casinos and poker rooms. Most only offer a fraction of what desktop customers get to play.

Ultimately, we want to find sites with the most options – no matter if you play poker or casino games or bet sports – so that you can gamble on more stuff with the least amount of effort (apps installed, accounts, etc.).

Most sites will be compatible with Apple and Android, as these are by far the most popular devices and operating systems. That means BlackBerry and Windows users are often left behind. We try to find gambling sites that offer options for ALL devices, instead of just the most popular ones.

Some casinos and sportsbooks will offer mobile-exclusive bonuses on top of their core offers. One example is from BetOnline. They have a couple offers where, if you try their sportsbook or live casino on your mobile device and lose money, they'll reimburse you up to so many dollars. We try to find sites that offer exclusive (mobile-only) deals.

These three things are first on our list. But in no way does that mean you get to ignore all the other important stuff – like making sure the site has a good reputation, that the site pays their customers, that they accept banking options you have access to, and everything else that makes a gambling site one of 'the best.'

How to Get Started

If you've never gambled on your smartphone or tablet, you might be wondering how the heck you get started.

How Do You Gamble On Twitch

It's actually pretty simple.

First, you will need internet access – either Wi-Fi, 3G, or 4G. Wi-Fi will be better in the long run, as you won't use up any data.

Next, you'll need to access the site. You can do that using one of the following options:

Option 1 – Mobile Site

Some sites – usually older casinos – will have a separate website programmed specifically for mobile devices. The downside is they're usually only compatible with Apple and Android phones and tablets. You'll know the site has a separate mobile site if you go to their site (while on your device) and they redirect you to a different location.

Option 2 – Native App

These are apps developed specifically for your device. The upside is excellent graphics, gameplay, and function. The downside (again) is compatibility. To get the app, the site may send it to you, have you scan a QR code, or have you download it from an app store or website.

Option 3 – HTML5 Site

HTML5 is the newest (front-end) programming language for building websites. Websites built in HTML5 (often combined with other programming languages) are mobile responsive. This means no separate app or website is needed. The website simply shifts the elements around to fit a smaller/different screen size. The best part is that this is the most compatible option of them all.

If you're not sure what the gambling site offers or does for mobile users, most sites nowadays have a mobile page where they'll tell you how to get access – they'll have a link or QR to their apps, or tell you the URL you need to go to. It's really simple, we promise.

If you already have an account with a site and all you want to do is play from your mobile device, all you need to do is open their mobile site or app, then log in using your same account details.

If you're opening a new account, the process of signing up is the same as signing up from a computer. Find and click the ‘create an account' button and give them your details:

• Your name.
• Your email.
• Your address.
• Your desired username and password.
• Your phone number.

And so on. Then submit your information and confirm your account.

One tip, though –

This goes for making your deposit, too. Arcade bomb games. You can fund your account from your mobile device, but it's far easier – not to mention far safer – to do from home.

That's all there is to it.

Mobile is the future. Mobile usage already exceeds computer usage – a stat we don't expect to change anytime soon, if ever.

This is exciting for online gamblers because mobile gambling is still new. Mobile casinos and poker rooms are still small. So, you can expect the mobile gambling industry to grow exponentially over the next few years. That means more games, tournaments, features, and options.

The best part is that we get to watch it all happen in real time.

Mobile Gambling FAQ

Mobile gambling is still new. So, unsurprisingly, we receive a lot of questions about gambling from mobile devices and mobile gambling sites.

You'll find the most common questions we get (and our answers) below.

The apps shouldn't cost you anything. The gambling site makes their money from real money gamblers. We recommend avoiding any real money casino that asks you to pay for their app.

Yes. Every mobile-responsive casino or app we've seen offers both free and real money gambling.

This varies WILDLY from site to site. But the most common games and variations we've seen include hold'em and Omaha fast-fold poker and cash games. Tournaments and SNGs are hit and miss.

This varies from casino to casino. MOST casinos offer a small fraction of the games you'll find in their full-blown casino. For example, many RealTime Gaming mobile casinos offer 20-30 casino games, while you'll find 150+ in their download or instant play casino.

However, if you join a casino built on HTML5, chances are you'll have dozens of games to choose from. Maybe even more than 100. A few good places to start include Bovada, Ignition Casino, or most Bitcoin-exclusive casinos.

Some international casinos – such as Bet365 – will have even more games, as well as variations such as (mobile) live dealer table games.

To answer the question, though, you'll find all the same casino games available to you from your computer. That includes slots, video poker, table games, blackjack, and arcade games. However, the number of games and the selection of games (like the slots-to-table-game ratio) will depend on where you play.

Everything you can bet on from your computer. You'll access most sportsbooks from your browser, which means you can make all sorts of bets from your phone. One benefit to this is that sportsbooks are usually compatible with more devices than just those operating on Android or iOS.

This means you'll get to make straight bets, halftime bets, prop bets, futures, if bets, bets on football, basketball, TV shows, soccer, e-gaming, tennis, golf, and a whole lot more.

Yes, you'll still have the option to get a deposit bonus, reload bonus, or participate in the site's loyalty program.

And like we mentioned earlier, some sites offer mobile-exclusive bonuses in addition to their core offers.

Dream zone game. One thing we need to point out, though – you'll still need to fulfill the site's playthrough requirements. This is important to think about, especially if you plan to play poker. You need to figure out if you can play enough hands or enough games to clear the requirements in time.

Probably the best reason is convenience. You can play in bed, in the car, from the bathroom, in line, while waiting for someone, and more. You can play anywhere, anytime.

Online gambling sites use the same tech for their mobile casinos as they do for their desktop software. In fact, in some cases, their mobile and desktop site are one in the same. And this is the same encryption software that banks use, which encrypts your information (hides it from hackers).

We also only recommend safe gambling sites. Our sites will tell you which sites are safe (and worthwhile) to join.

From there, safety is largely up to you. You'll want to be careful when gambling in public. Make sure you're on secure networks, and if you have to make a deposit when you're in public, make sure no one's looking over your shoulder. You also don't want to save passwords (many mobile sites won't let you) or save any payment information to your mobile device in case it's stolen.

In other words, treat mobile gambling very much like mobile banking or mobile shopping – carefully.

Yes. We recommend US players check out Bovada, Ignition, and BetOnline. This should cover all the bases.

Yes, you can…and you can win, like this guy who won $11.6 million playing Mega Moolah while on his tablet.

In most cases, yes. For casino games, online casinos use mobile (responsive) games from the software providers they work with. The games will look the same, if not better, on your mobile device. However, the mobile casino itself may be very basic (ugly) – not that that should matter.

Both mobile poker and sports betting should look the same, as most mobile poker rooms and sportsbooks are built using HTML5.

That all said, there are two big differences when it comes to mobile gambling:

• Some buttons or graphics may look different and be placed somewhere else on the screen (compared to the desktop version). This is just so the casino/software provider can adapt the game to a smaller screen.
• The second difference is features – you'll often have fewer of them. This will apply mostly to mobile poker players, and sometimes mobile sports bettors, too.

This really depends on your device. You'll have more options if you're using a device powered by Android or iOS.

Whatever your case, here are a few things you might try:

• A different casino. Start with our reviews – we'll tell you which sites are compatible with which devices.
• A different browser. Most mobile sites are compatible with Safari, Chrome, and Internet Explorer.
• Hack your phone. This is a more extreme option that often means your phone isn't covered in case it breaks or stops working. You'll want to Google ‘unlocking,' ‘jailbreaking,' or ‘hacking' your specific device.

Other than that, you might be limited to free native apps available in your app store.

This depends on the poker site. We know you can with PokerStars' app. But you can't using Carbon Poker's app.

That said, no matter where you play, you won't be able to play that many tables. Last we checked, you could only play three tables simultaneously at PokerStars – and they're the largest site in the world.

This depends on what you want to play, and your preferences.

Apps use up resources like space and memory. You might also receive notifications that you might not want. But they're usually better in terms of user experience because they're built for your device.

Mobile websites may be harder to navigate (if they're not mobile responsive). But they're also usually compatible with more devices and don't take up any resources (except data, which you can avoid by playing on Wi-Fi).

To better answer the question, though – we'd prefer an app for mobile poker. For everything else, we think a mobile responsive website is good enough.

Yes, as far as we know, there's no limit to how many gambling apps you can have – other than what your phone or tablet can hold.

From what we understand, the Google Play store doesn't allow real money gambling apps even from legitimate (licensed, regulated, legal) gambling operators. So, some apps will be hosted on 3^rd party (unofficial) app stores, like GetJar.

This can be scary for users because of the possibility of downloading malware, viruses, or other nasty things.

We saw some advice we thought was pretty good:

Be sure to do your due diligence. Make sure wherever the app is hosted is legit. Make sure the app is the official app. Read reviews to make sure no one else has had any problems. Make sure to back up your phone.

Do it all, just to be safe. From there, you can feel pretty good about downloading the app. And, if push comes to shove, you can always send a message to the gambling operator first.