Have you ever wished that you could pick up a some sort of ultimate gambling guide that made gambling simple? If such a guide existed, wouldn’t it be great if it not only made gambling simple, but it also explained how to win in simple terms?
A gambling guide that made things simple and explained all the ways you can win would be thousands of pages long. But I can offer you the next best thing. On this page, I’m going to give you an overview of what a guide to prosperity through gambling would cover.
You can look at this like an outline that touches on all of the important things you need to know. Go through this guide and find the areas that interest you, then you’ll know exactly what you need to learn more about.
This ultimate gambling guide is designed to be the starting point for everything you want to accomplish in gambling. By the time you finish reading this page, you’re going to find things you didn’t know you needed to learn.
What Every Gambler Needs to Know
Every gambler needs to understand why and how gambling games work. Every form of gambling available in land-based casinos, real money gambling sites, poker rooms, and sportsbooks has a base that drives it and basically controls everything. This base dictates how the house makes money, how much money the house makes, and is the secret that lets some players win while most players lose.
The base behind all forms of gambling is math. This might be scary for some people, but if you don’t accept and understand this, you’re never going to learn how to win. You don’t have to be a math expert, but you do need to learn how to use math to your advantage.
Some games are designed in a way that lets you use strategy and smart play to overcome the house edge. Others are designed in a way where nothing you do changes it. I cover more about both of these types in the next two sections.
Every game has a unique house edge. Some are available with different rules and pay tables, which change the house edge. The first thing you need to do is learn what the house edge is for the different variants and pay tables.
Once you learn how it works and know the edge for different games, the next step is to learn which games allow you to change the edge using strategy and smart play.
Gambling Activities You Can Beat
In this section, I’m going to quickly cover the gambling activities you can beat using strategy and smart play. In some of these games, you have to locate specific rules and pay tables, but if you want to win, you need to learn as much as possible.
Poker is one of the best options for advantage gamblers because the poker room takes a small fee from each pot for profit instead of a built in house edge. This means you just need to play poker better than the majority of your opponents to win.
Blackjack offers opportunities for players who learn to use basic strategy and card counting strategy. You can also keep your eyes open for hole carding possibilities. A lot has been written on card counting, so you can definitely find detailed information on it.
Playing video poker is harder to beat than most of the other games on this list. But, with a combination of good pay tables, proper strategy, and comps, players are able to play with a long-term edge.
The way sportsbooks make money is by charging a small fee on losing bets.
If you can figure out ways to place bets without this fee, or win more bets than you lose, you can become a long-term winner betting on sports.
Track betting includes horse and dog racing. The way most tracks make money is by putting all the bets in a pool, taking a percentage off the top, and paying back the rest of the money based on how much is bet on each horse or dog. This creates an opportunity for smart handicappers to make a profit, because you’re basically competing against other bettors like when you play poker.
Daily Fantasy Sports
Daily fantasy sports is fairly new in the gambling area, but the way it works is, you pick a team of players who earn points for their results in a game or contest for the day. If your players get more points than your opponents, you win your bet. This works like poker, with the house taking a small fee so you can make a profit when you’re better than your opponents.
Esports betting works just like regular sports betting, except you’re betting on popular video game players and teams. This is even newer than daily fantasy sports betting, so be careful if you start in this industry. Any time a new betting option is available, there’s a chance of a few bumps in the road.
Gambling Activities You Can’t Beat
Basically, any gambling activity that isn’t listed in the last section can’t be beat under normal circumstances. In a few specific circumstances, a few of the games listed below can be beat, but most of these involve cheating. I never recommend cheating, because when you do, there’s a good chance you’re going to end up in jail.
Here’s a list of gambling activities that generally can’t be beat.
- Three-Card Poker
- Caribbean Stud Poker
- Let It Ride
- Mississippi Stud Poker
- Pai Gow Poker
- Pai Gow Tiles
Get Paid to Gamble
When you learn which games can be beat and the strategies and techniques needed to beat them, you can make money while you gamble. This can seem like a dream come true, but as you’re going to learn in the next section, being a winning gambler tends to suck the fun out of gambling.
The important thing you need to learn from this section is that most casinos have programs in place offering rewards to gamblers to keep them gambling and coming back for more. It doesn’t matter if you’re playing one of the games that can be beat or one that can’t, you should always sign up for the club offered by the house and any promotions they have.
Some online casinos don’t have a player’s club, but many do, and most land-based casinos offer one. When you receive rewards or comps as they’re often called, it can help offset your losses or increase your wins.
Gamble for Fun or Profit
Once you figure out how to be a winning gambler, it often becomes more like a job than a fun activity. While it’s fun to win, when you know you can beat a game, it often becomes a grind.
I’m a strong advocate for learning how to be a winning gambler. But if you enjoy gambling and use it as a form of entertainment and can gamble within your means, I just want to warn you about learning how to beat the casinos. Many gamblers find they lose the enjoyment of gambling once they start winning on a consistent basis.
One way to keep some of the excitement is to keep gambling part time instead of trying to gamble for a living. Even if you’re good enough to make as much profit gambling as you do working a regular job, there are some benefits to working a regular job and gambling on the side.
Most people reading this aren’t going to believe that gambling for a living can’t be fun and exciting. You might have to learn this for yourself, but don’t burn any bridges before you’re sure it’s what you want to do.
This ultimate gambling guide gives you a clear path to get started. The best way to start is to learn everything covered in the first section about gambling math and the house edge, then continue to the next section.
Once you know everything about gambling math and the games you can beat, you’re ready to become a prosperous gambler. The only thing standing in your way is inactivity. Follow the steps laid out in this article and you’re well on your way to becoming a winning gambler.