How much time do you spend trying to develop a winning gambling strategy? Is this something you think about often, or are you like most gamblers and never think about more ways to win?
Everything you do starts with a thought process. And if you want to be a winning gambler, you’re probably going to need to change the way you think.
To help you get started, here are five ways that winning gamblers think that most gamblers don’t. You can quickly change your gambling results by changing the way you think about real money gambling.
The Never Ending Search for an Edge
The main thought process winning gamblers share, that losing gamblers don’t, is the search for an edge. Winning gamblers know that there are a few ways they can get an edge, and they’re constantly searching for situations where they can use their skills and new situations where they might be able to secure an edge.
Casinos don’t like to lose money, and they stack everything they can against gamblers. The casinos design games so that you can win a small amount from time to time. This keeps you gambling because you like the feeling you get when you win.
But these same games that give you a good feeling when you win sometimes also consistently chip away at your bankroll and take your money. Everything that most gamblers do in the casino gives the casino a small percentage called the edge.
When you consider all of the gamblers in the casino, each giving the casino a small edge on every wager, you can see why a casino is so profitable.
But there are a small set of gamblers that refuse to gamble like everyone else. These gamblers know they can get an edge, and they exploit every edge they can find. They battle the casinos in a secret war that most gamblers never learn about.
The casinos do everything they can to catch these gamblers and refuse to offer them service. Sometimes the casinos ban them, and sometimes they don’t.
But what happens if you can find a small edge in your favor? Now, you’re acting like the casino and grinding out a small profit. This is how you need to start thinking. Find a small edge and grind out a profit, just like the casinos do.
The Refusal to Give In
Winning gamblers refuse to give in. They’re quite stubborn. They refuse to participate in a gambling activity where they can’t get an edge. This is why you don’t see winning gamblers playing roulette or slot machines.
When a winning gambler walks into a casino and doesn’t find an opportunity to gamble with an edge, they don’t play. They don’t give into the urge for action and risk their money on a game they know they can’t win.
This means that first, they need to know what opportunities exist, and second, they need to know how to take advantage of the opportunities that they find.
You probably know that some poker players make money playing the game, but do you know how to play well enough to make money? Just knowing something is possible doesn’t mean you know how to do it.
Winning gamblers know it’s possible to win, and they never give up until they learn how to do it. I’m telling you that it’s a fact that you can learn how to be a winning gambler. Are you willing to walk away and not gamble when you can’t find a profitable situation? Are you willing to spend 76 hours studying strategy and practicing in order to play with a 0.5% edge?
You must build the mindset that you’re never going to give in. You’re never going to give the casino a single dollar that you don’t have to. If you don’t have this mindset, the odds of you becoming a winning gambler are almost nonexistent.
They Completely Understand Gambling Strategy
I’m going to share a secret with you that’s going to be valuable to you whether you learn how to become a winning gambler or not. Every gambling activity that doesn’t have any way to use strategy when you play is an activity that you should avoid.
When a gambling activity doesn’t have a strategy component, the casino edge is high and there’s nothing you can do about it.
Consider the worst gambling activities. The lottery, slot machines, keno, and bingo are all bad gambling activities. These games all have a high casino edge. And you can’t use strategy to alter the results on any of these games.
You need to identify the gambling activities that have a strategy component, then you need to learn how to use the best gambling strategies. Winning gamblers know which gambling activities have the lowest casino edge, which games have a strategy component, and they know how to use the best strategy for at least one of these games.
Instead of looking for a gambling activity that’s fun, start looking for an activity where you can use strategy to alter the results. Then, start learning everything you can about the correct strategy so you can use it every single time you gamble.
They Manage Their Casino Bankroll
This might come as a surprise in a discussion about how winning gamblers think, but one of the most important things they think about is their casino bankroll management. And the reason why they think about their bankroll is an important lesson if you want to become a winning gambler.
Consider a poker player who folds a decent but not great hand from middle position. He or she might win with the hand, but its’ going to cost resources to find out. These resources are chips. Instead of risking chips in a situation that doesn’t have a high profitability chance, they save their chips so they have more to risk when they have a higher chance of winning.
You need to use this same level of thinking with your money and bankroll. What opportunities are you going to need money for in the future, and how are those opportunities in comparison to what you’re risking your money on today?
Their Willingness to Create a Profitable Scenario
In addition to the things that you’ve already learned about how winning gamblers think, there’s one other thing many of them do that other gamblers don’t do. Winning gamblers are willing to create situations that are profitable instead of waiting around for a profitable situation to present itself.
This probably sounds strange to you because you haven’t trained yourself to think like a professional gambler yet.
Consider a poker player who makes a little bit of money playing in the poker room. He can’t do much to pick his opponents when he joins a table in the poker room. So, he starts his own private game and makes sure to only invite players he knows he can beat.
Also, consider a sports gambler that barely breaks even when he places bets with a sportsbook, but starts placing wagers with people he works with and knows. He doesn’t pay vig on private wagers, so his overall profit goes up.
Are you willing to look for ways to create a profitable gambling situation? It’s not that hard to do if you learn how to look at things the right way and consider doing things a little differently than you used to.
Are you willing to take a hard honest look at how you think about gambling? The only way most gamblers learn how to win is to challenge their current thinking and adjust it. The good news is that you can learn how other successful gamblers think and model your thoughts after them.
You just learned five ways that winning gamblers think to help you get started. If your thought process doesn’t match what you just learned, it’s time to start making some adjustments.
You can change your gambling results, and it all starts with the way you think!