Gamble Smart – 13 Lessons by Silentbet
How do you bet smart? It certainly isn’t just about luck, as we have learned. You have to gamble responsibly and with a clear plan. Over years of playing professionally and studying the online wagering industry, we at Silentbet have come up with 13 of the ultimate bet-smart lessons we have learned.
While they may be lessons to us, we present them as working tips to make you a better player. Use these 13 lessons as your guiding light, and you should have enjoyable gaming sessions that yield wins.
Our 13 Lessons:
- Don’t Drink & Bet
- Leave Your Emotions Out of It
- Time is Your Enemy
- Manage Your Bankroll
- Choose the Right Game for You
- Do Your Homework
- Don’t Overlook the T&Cs
- Become a Pro at Using Math Strategies
- Modern Technology is Your Friend
- Go Bonus Hunting
- Practice Makes Perfect
- Adapt & Never Stop Learning
- Know When to Stop
I have played online for years now. Over this time, I have learned some invaluable lessons that will help you gamble smart. It’s all in here, from advice on betting strategies to keeping and growing your bankroll.
Lesson 1: Don’t Drink & Bet
Drinking can have you make some grievous mistakes. That’s why you should stay away from the betting tables when you have had one too many.
One of the first things to go when you drink is your perception of losses and wins, so you cannot possibly gamble smart. (Source)
Your reckless bets when you had a little to drink will get you to appreciate how important sobriety is when you are at the casino – land-based or online.
Lesson 2: Leave Your Emotions Out of It
Taking your emotions out of your decision is one way to bet smart. Become emotionless when you play. It is only about the facts and not what you feel.
The gambler’s fallacy, for instance, has to do with feelings. A player often feels like a coin toss that has been producing heads is likely to give tails as a result on the next toss, but this is not true; it could still be heads.
I did this with my football picks, counting on my favorite team to win regardless, and paid the price dearly. Play smart and stick to the statistics only.
Lesson 3: Time is Your Enemy
Does it always seem like there is not enough time to do your analysis and make your picks? Well, that’s because there often isn’t.
Tables fill up fast, matches start quick, and you are expected to play your round fast as well. Use your time well while at the casino, and you won’t have to make hasty decisions that work against you.
Best thing for time management when gambling? Setting reality checks or cool-off periods. Both are responsible gambling tools.
Lesson 4: Manage Your Bankroll
Managing bankroll is one of those lessons that players learn the hard way even though it is a big part of how to gamble smart. You have to learn to manage your bank so that you never run out just when you are about to cash in on your position.
Watch your betting limits and know how high is too high.
Lesson 5: Choose the Right Game for You
Never play for real money at the casino when you have no idea how the game is played. The losses you make while learning the game shall be your baptism of fire. Rather, pick casino games you have tried and tested and apply your strategy to get the most out of your wagers.
Lesson 6: Do Your Homework
You don’t just launch the first game you find and start playing that. Well, this could work for slots but not for the tables.
Finding out about the games you wish to play and the bonuses you are likely to win when playing them is how to play smart in order to grow your bankroll.
Personally, doing my homework (hours of online research and reading on the topic about casinos and games) has saved me a lot of heartache and led me to some of the most amazing bonus rewards.
Lesson 7: Don’t Overlook the T&Cs
I know we like to gloss over the terms and conditions, but these are serious, and they apply to the game you just picked.
It pays to be conscientious and just check the fine print on your games and bonuses. For bonus rewards, going contrary to the terms and conditions may cost you rewards you should have claimed.
For me, checking the terms and conditions on bonus rewards also lets me know if a bonus is a scam. The terms and conditions often alert me to bonus rewards the casino has no intention of paying out.
Lesson 8: Become a Pro at Using Math Strategies
Math strategies work quite well in gambling games and it is a pity how little players think of them when in the casino.
Strategies like the Martingale system will get you the wins and still help you manage bankroll. In my experience, table games like blackjack can go so well for you if you apply math strategies on whether to stand or hit.
Lesson 9: Modern Technology is Your Friend
Technology has come to make our lives easier and it should be the case even when you play at the casino. Use the technology at your disposal because it is how to bet smart and win these days. I personally like to check team stats right from the bookmaker if they give these.
Lesson 10: Go Bonus Hunting
Look for bonuses to keep your bankroll up. You should not risk your own cash every time you want to play. Find all the bonuses you are eligible for at your casino and claim these. Players can also sign up for new casinos that offer lucrative deals.
The goal of bonus hunting is to always have a bonus you can play rather than risk your own cash.
Lesson 11: Practice Makes Perfect
You are not going to be a professional bettor in a day. You need to keep practicing and getting better at the games you like.
In my experience, picking games you like and sticking to these every time you come to the casino is one way to get good at certain games.
Lesson 12: Adapt & Never Stop Learning
Change with the times to stay on top of your game. The world of casino games is ever-changing, and while it may come with its own hurdles, it also presents opportunities.
Find out about slots with better winning ways and scout out newer versions of your favorite tables. You might find the newer version of your favorite game to have that one rule change you have been complaining about.
Lesson 13: Know When to Stop
Knowing when to stop is vital for a gambler! There are no guarantees that you will win even with a good strategy.
Stopping when the going gets tough is the only way to keep gambling fun and keeping it from becoming a problem. One of the things about gaming that could help you keep your habit in check is bankroll management.
I would also advise against chasing losses because you never come out on top. Take a breather and come back with a refreshed mind, and you might figure out why your strategy did not work the last time.
Gambling is fun if you know how to play. I’ve been a pro gambler for over a decade, so I know just how important rules and tips like these can be. Check this link out for more gambling tips and tricks. They are either written by me or fellow gambling pros.
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