What is Gambling ?
Gambling is the risking of money or something of value on an event with an uncertain outcome, with the primary intent of winning money or material goods. A person is gambling whenever he or she takes the chance of losing money or belongings, and when winning or losing
Type of Gambling
There
are many different ways to gamble, including:
Casino
games
Lottery
tickets
Slot
machines
Bingo
Sports
betting
Betting
on horse racing
What You Need to Know Before You Start Gambling
You’re finally in a twinkly, noisy casino.
You’ve filled up at the buffet and you’re itching to roll the dice and see if
lady luck is on your side. Well hold on there buckaroo. You may have big dreams
of hitting the jackpot and retiring on your own private island, but that’s not
going to happen here. Gambling is a good time and can offer a nice rush when
things shake out in your favor, but it’s not how it looks in the movies.
- 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 makemoney, they just need players like you. The math is on their side, always. Know that goingin, and never assume you have the upper hand with these games. Somebody’s big win dwarfsin comparison to the thousands of wins the house has claimed. - Luck is the
biggest factor in winning: Unlike the house, you
do have to rely on luck to make anymoney—most of the time. There are ways you can slightly reduce the house’s advantage over you by playing smart, thus extending yourplay time , but luck is still the biggest determining factor of your success. - Start with a
fixed amount of money you’re ready to lose: Gambling
is
not a lucrative way to make money. It is strictly for entertainment. Before you walk onto the casino floor, decide how much money you can comfortably afford to play with (meaning: lose forever), then stick to it. Take out some cash, then leave your ATM card in your hotel room. Never take out more money to get back what you’ve lost. Create boundaries for yourself. If you can’t comfortably afford to lose it, don’t play. Sorry. Gamblingisn’t designed to save people down on their luck. - Hot streaks
don’t last:
If you’re winning and have more money than you started with, think about
stopping. Eventually your hot streak will end and you’ll look at your
chips wondering where all those winnings went.
How to play Gambling
Playing Gambling games is without a doubt the most fun way to make and lose money ever invented.
Whether shooting dice, spinning reels, or playing card games, casinos both online and in the real world offer lots of ways to entertain yourself while giving you a shot at walking away with money in your pocket, too.
Despite these advantages, many players do still prefer the land-based casino experience. It's hard to beat the tasty food, cold beer, and the "vibe" in a fun, well-run casino.
How to Win
Winning Gambling can come down to different things – notably luck, skill and strategy. Of those three, luck is probably the most important. It is not that everyone has Luck, some people have and some don’t. People have different ways the attain that luck of wing the lottery, other were born with it, some strive to get it through traditional healers.
While any game can be turned into a pure gamble where chance is either your friend or foe, some games and bet types tend to be easier to "get lucky" than others.
Therefore Luck with Chance move hand in hand How below are tips you need to know while play gambling
Depending on what kind of experience you’re
interested in, some games are better to play than others. Do you actually want
to use skill to try to win some money? Or do you want to lounge around and sip
on free cocktails? Do you want to feel the weight of casino chips in your
hands? Or would you rather look at a machine showing off flashy effects and
sounds?
If you’re looking to win, you should go for
games that both require some degree of skill and won’t leave you naked and
penniless too fast. The games with the best odds for players who actually know
how to play (or less house edge) are:
- Blackjack
(single deck, if available)
- Video Poker (I
suggest
“ Double Bonus” or “Double Double Bonus”) - Craps (some
bets)
- Baccarat
If you’re just looking to have some fun with
an easy-to-learn game, however, I recommend these:
- Slots (note:
penny slots do not cost only one cent to play)
- Roulette
(European roulette has slightly
better odds) - Keno
While playing slots, you can snag free
cocktails from the waitresses roaming around (always tip). Roulette is the
easiest of table games—just place your bet on what you think the little white
ball will land on, like odd numbers, even numbers, red, black, or specific
numbers (37:1 odds). You’ve got almost a 50/50 chance when playing odds, evens,
reds, and blacks, so it’s pretty relaxed. Lastly , keno is designed to be played
while you have a cocktail, watch TV, smoke a cigarette, or play other games.
You pick some numbers on a grid, place your bet, then wait to see if your
numbers come up. Think of it as a very small lottery.
The
next time you head to a casino, take this advice from a former casino floor
manager, card…
Know the Rules and Learn Basic Strategies
If you’re nervous about playing a table game
like blackjack, start with the easy stuff mentioned above and get a feel for
placing bets. Then, when you’re ready, move on to the more complicated games.
Before you sit at a high stakes table, though, take some time to learn the game
first.
You can easily find gambling tutorials
online, like this blackjack tutorial, or this craps
tutorial. A quick Google search will easily find you tons of how-to
guides, as well as advanced strategies to increase your odds—sites like Wizard of Odds.
If you don’t have time to research before you hit the floor, that’s okay too.
Look for a low-stakes table with a small minimum bet, like a $5-per-hand
blackjack table (depending on the casino and the night, $10 might be the lowest
you can find).
Approach the table and tell the dealer that
you’d like to play, but you don’t know how. They’ll gladly teach you, and might
even show you how to play your cards right if you ask them. You see, dealers
make a lot of their money through player tips, so it’s in their best interest
for you to do well. They want you to win so you can give them money! It’s best
to do this when the table is empty so you’re not slowing down play for others,
but most people will be understanding or move to a different table.
Know When to Stop
Gambling can be addictive, so you need to take
precautions and know when it’s time to quit. For example, free cocktails are
great, but there’s a reason the casino is giving them to you. Don’t down too
many and get reckless with your betting.
Also, never chase your losses. Thinking you
can suddenly get lucky again and recoup your lost money is the “gambler’s fallacy.” You start to believe you are
due for a big win, and that you can get all your money back if you just put
some more money in. Unfortunately, that’s not how it works. As soon you’re
starting to have thoughts of “If I just play a little longer...” stop
immediately.
Now you’re ready to hit the floor, roll some dice, say cool
things like “hit me,” and have a good time. Good luck!
1. BETTING
The history of sports betting dates back to the
antiquity. In the past, the ancient Romans used to wager on the outcome of
gladiator games, for example. At the time, that fierce form of gambling was one
of the favorite activities of many Roman rulers.
However, present-day sports betting was
introduced fairly recently during the period of explosive development of horse
racing. Therefore, modern betting takes its roots in 19-century England being
the first country to hold horse racing event.
Live Betting.
Live betting, also known as in-play or
in-running betting, is the process of placing a bet on a sporting event after
it has started. For example, you can bet on different aspects of a football
match after it has already kicked off and throughout the duration.
It takes away the need to study statistics and
puts you at the heart of the action, giving you the chance to change your bet
or place a new one during the event. When you’re feeling ready you can check
out this site to find the best live sports betting options.
Explaining Live Betting
Well, basically, the online sports book you’re
using will have set odds on a match or event before it takes place.
These odds will change several times after the
event starts, depending on what happens.
If Team A were an odds -on favourite before
kick-off and Team B takes the lead after a couple of minutes, the odds will
change to reflect this. Team A may still be favorites to win, but they now have
less chance of doing so. This will raise their odds.
Therefore, a person wishing to bet on Team A
will get better odds than they would have if they’d placed the bet before the
game started.
It isn’t just goals in a football match that
change the odds. Every action during a sporting event will change the potential
outcome, altering the betting odds in the process .
The odds are decided by the individual sports
book, using a computer algorithm which constantly updates the information.
Then, depending on what is happening in the event as well as past outcomes of
similar events, the odds are changed .
When something significant happens during the
event, the sports book will usually suspend betting for a few seconds so the
computer can work out the new odds. Betting will then continue. This will
happen several times throughout an event, giving you up-to-date odds reflecting
what is happening in the live event.
More Ways to Win
Winning |
There’s also the added possibility of betting on
different aspects of the event, like picking the winner of the next frame in a
game of snooker or betting on who will win the next point in a tennis match.
This gives the punter more ways to win, as it
provides several different betting options they didn’t have before the event
started.
One of the main benefits is the ability for the
punter to change their mind during an event.
Maybe, the bet on Team A looked like a “dead
cert” after studying statistics before the match. However, after thirty minutes
when they’re a goal down and have had a player sent off, the bet doesn’t seem
so great after all .
The punter can now place an opposing bet, using
the new information acquired since the game started.
Basically, it gives the punter more chance of
winning because they have more knowledge of a sporting event than they did
before.
Obviously, as with any form of gambling, this
isn’t a certain way of winning. A deflected last minute goal or a missed pink
to the middle pocket may mean the punter still loses.
2. CASINO
The history of the casino began in Europe. The
first official casino was opened in 1638 in Venice, Italy. Having successfully
conquered the Old World, casino games also invaded the Asian gambling market
and became insanely popular there.
WHAT DOES THE RNG MEAN FOR YOUR GAME?
The outcome is determined by the RNG the second
you hit the spin button. The spinning symbols just add entertainment to the
game. There are simply no strategies to beat a slot machine – the RNG makes
every win purely random.
How odds work in slot machines.
Unlike some other games, they’re fixed. However
you play, the odds of winning do not go up or down, but always stay the same.
Payout odds vary based on the machine. Two slot
machines may look identical, yet may have different odds. So you can’t tell by
the appearance of the machine.
The odds of hitting the top award vary greatly
by machine, and may be as low as one in 17,000,000 spins – comparable to
winning Lotto 6/49.
3. STATE LOTTERY
Lottery is one of the oldest gambling
entertainments. It was first mentioned in the Bible when God ordered Moses to
use a lottery to parcel out the land along the River Jordan.
In a different kind of lottery, a player needs
to choose some numbers in a specific range and hope that they will appear
during the draw.
State Lotteries use tickets instead of cards.
Part of the proceeds from ticket sales goes to prizes, and the rest goes to the
state.
To win a draw-based lottery, the numbers you
pick must match some of the numbers drawn. When you buy your ticket, select a
set of numbers, or a “line”. A line can be a set of five to seven numbers,
ranging from 1 to 45, or 1 to 50, depending on the game.
The more numbers on one line you match to the
draw numbers, the more you could win.
To win the jackpot, all your numbers must match
the numbers drawn. Lottery numbers are chosen randomly by a ball drop or a random
number generator, so there is an equal chance of a particular number being
drawn with every draw.=
Even if numbers have been selected more in past
draws, this doesn’t mean they have a better chance of coming up again, since
every draw is random.
TIP
There’s no advantage to picking numbers that
have won more often in the past. The chances of winning are always the same for
a given game, no matter how many times a number has won before.4. POKER
This game is likely one of the oldest card games
and, by far, the most controversial. There is still considerable debate about
time and place of its origin. It is believed that the first game called
"Poker" is mentioned in sixteenth-century chronicles.
The odds of winning in draw-based lottery games
are based on two factors:
1. How many numbers must be matched
2. The size of the number pool
For example: For LOTTO 6/49, the odds of winning
the jackpot are based on matching 6 numbers out of a number pool of 49 numbers.
The more numbers there are to match and the more
numbers in the overall pool of numbers, the greater the odds.
4. POKER
Also, many discussions are taking place nowadays
on the issue whether poker is a type of gambling or sports, since some
countries regulate the game as gambling while others – as sports.
Success in poker depends on strategy and skills
of the player. There are two ways to win: to have the best hand at showdown or
to force all your opponents to fold their cards.
How to Play a Poker Game
Before we get started some basic rules for how
to play poker you should first get familiar with the basic poker hand rankings.
Maybe 90% of all beginner mistakes happen when someone thinks they have the
winning poker hand and they don't.
You can consult the hand ranking guide through
the link above but it’s actually pretty simple:
Royal Flush (All the same suit, sequence
A-K-Q-J-T)
Straight Flush (Any sequence all the same suit,
for instance 9-8-7-6-5)
Four of a Kind (Four cards that are the same
value, for instance A-A-A-A)
Flush (All the same suit)
Straight (A basic sequence such as 6-5-4-3-2)
Three of a kind (Three cards that are the same
value such as 5-5-5)
Two-pair (Two pairs, such as 9-9 AND 5-5)
Pair (Any pair whether it’s A-A or 2-2)
High Card (Whatever your highest card is)
Do everything you can to memorize the hand
rankings. Quiz yourself, repeat them 100 times or write them out. Whatever it
takes. Want a secret tip? There are three hand ranking mistakes that are very
frequent among amateur players.
Here are the most common
misconceptions
Also, many discussions are taking place nowadays
on the issue whether poker is a type of gambling or sports, since some
countries regulate the game as gambling while others – as sports.
Success in poker depends on strategy and skills
of the player. There are two ways to win: to have the best hand at showdown or
to force all your opponents to fold their cards.
Raise to the same size with all hands you play.
Play many hands post flop with the same actions.
Play some weak and strong hands in the same way.
Do not show your opponents your cards at any
point you do not have to.
Knowing what cards you are going to play
Disguising your holdings
Finding the right game to play in
Making adjustments for your opponents
Simplifying major decisions
Know the cards you are going to play
“Every battle is won before it is ever fought ” –
Sun Tzu.
Poker, at its most simple, is a game where you
play your cards against those of your opponent. There are a lot more variables
involved in playing, but choosing the hands you play is at the very core of
successful poker playing.
It may seem obvious which hands to play… and
which hands not to play… But are you actively going into games with a detailed
understanding of which hands to play, and from what position?
Above, you’ll see a standard 10 handed poker
table. Each named position requires different playing strategies, so you should
be playing different hands from that position.
As a general rule of thumb, the closer you are
to the button, the more hands you should be playing.
This might sound obvious to the “aggressive”
players, but even then, they often make a lot of mistakes, simply because they…
Don’t map out the hands they want to play before
the session
Become scared to implement this strategy facing
other players
To avoid this problem, study beforehand which
hands you should be playing and from which position.
You’d be amazed just how much difference this
can make to your game. When you discover some of the hands you should be
playing , and some of the hands you shouldn’t be playing, you’ll likely be
pretty surprised .
Here’s a simple exercise you can use to help you
understand positioning, and the importance of hand selection. As an example,
pick which locations on the poker table you would play these hands from:
[Ts 9s]
[Ah Td ]
[7s 5s]
[Jc Jd ]
Each of these hands is different from the other
one, and they should be played from different positions. Let’s look at some
sample answers below.
[Ts 9s] – All Positions
[Ah Td ] – Mid to Late Position
[7s 5s] – Button
[Jc Jd ] – All Positions
Weak poker players think this level of study is
unnecessary…
And luckily for you, that’s why they’ll always
stay weak players, letting you take their money time and time again.
Don’t fall into the trap of thinking it’s
unnecessary to understand hand selection – by putting a proper strategy in
place, you eliminate all doubt from your preflop game, and you’ll become a far
stronger, more-confident, winning poker player.
Disguise Your Holdings
So now that we’ve covered the art of hand
selection, it’s time to make sure that the hands you do choose are played
correctly.
This style of play can work – short-term – but
savvy players will exploit his weak tendencies, and he’ll soon become very easy
to beat.
In poker, you don’t want to become predictable.
In other words, you always want to keep your opponents guessing, meaning they
have a tough time putting you on a hand.
We can achieve this by using a few techniques,
which are designed to confuse them and leave them unable to read you.
Here are four cardinal rules for
playing your hands:
Raise to the same size with all hands you play.
Play many hands postflop with the same actions.
Play some weak and strong hands in the same way.
Do not show your opponents your cards at any
point you do not have to.
Let’s look at each of these individually.
1 – By keeping your bet sizings the same, it
becomes virtually impossible for your opponent to put you on a hand. Plus, when
your opponents think you’re raising with bad cards, they’ll pay you off when
you have a monster (just watch Tom Dwan get gifted chips in HSP).
2 – By playing many hands postflop while using
the same actions, it helps to keep your holdings disguised, and it means your
opponents will become extremely frustrated with your constant barreling-style.
This helps to continue the pre-flop secrecy in the previous point.
3 – Playing weak and strong hands in the same
way adds yet another layer of depth to your game. It’s another tool to stop
your opponents from putting you on hands, and they’ll often continually fold in
resentment, not wanting to risk their stack to find out what you have.
4 – Do not show your opponents your cards at any
point. Watch Phil Ivey play – You’d struggle to find even one time where he
shows his opponents his hands, and this is crucial. You don’t want to give your
opponents any information you don’t need to. And by never revealing your
holdings when you don’t have to, you’ll add yet more mystery to your game.
Note: Want to learn how to win more hands (and
money) with your flush draws? Learn the 20 Rules for Playing Flush Draws used
by Doug Polk and Ryan Fee to separate themselves from the average poker player.
Enter your email below to download the rules.
Find the Right Game to Play In
Finding the correct game to play in is probably
one of the most overlooked aspects in poker, yet it’s one of the most critical.
In his book, ‘Super System,’ Doyle Brunson talks about how he’d always be on
the lookout for games with guys who were drunk, steaming, or just plain bad
players.
And while things are a little different with the
rise of the Internet, there are some core principles you should remember before
jumping right into a game.
Here are some of the considerations you should
be making before even THINKING about joining a table:
How high the house rake is.
Whether the players are weak, average, or good.
How the players are playing – are they playing
lots of hands, or is the table being tight?
If in a live situation, is the environment safe
to play?
Have you played with any of the players before?
That knowledge of his play could give you an edge.
Poker is a game for people. We talk together, we
play it together, we win and lose at the table together. That said, you always
get to pick who you play with.
There are many different aspects to
finding the right game to play in. Let’s look at the list of good places to
play:
A game with no rake taken by the house.
A game played with many recreational players who
play for fun.
A game where much alcohol is being consumed.
A game with a lot of loose action by various
players at the table.
A game that you know is safe.
Some of these are more realistic than others,
and it’s not always possible to control some of these factors, but the most
important thing is that you’re aware of them and keep them in the back of your
mind.
Don’t fall into the ego-war trap of many poker
players. If you see players at a table that you know are better than you, then
simply move on and find another table. It can be tempting to play against
players who are more skilled than you – and don’t get me wrong, I know it can
be tempting to take a shot into the big game – but at the end of the day,
you’re here to make money, and you can maximize your profits by playing against
weaker, less-able players.
Make Adjustments to Your Opponents
Making adjustments dependent on your opponent’s
game is where the best players in the world shine through and really show their
edge. Determining what tendencies their opponents have, and taking advantage of
those tendencies, allows them to beat them consistently.
Again, Phil Ivey is a great example of how good
players adjust. Ivey studies his opponents intently, looking for any
information he can get. You’ll rarely see him talking or laughing throughout a
hand. Watch him – he’ll stare down his opponent, analyzing their every move and
determining how best to play against them.
However, while this stare-down approach works
well for players like Ivey and Mike McDonald, it doesn’t work for everyone, and
I for one, don’t feel that staring into my opponent’s soul gives me a huge deal
of information.
Instead, I look for actual tendencies I can take
advantage of and manipulate.
Some of these include noticing:
How aggressive they’re playing.
What hands they’re turning over at showdown.
When they appear tilted, or they’re getting fed
up with waiting around for hands.
When they play hands that just don’t make sense.
Using these techniques can help you build a
strong mental image of your opponent’s play style, letting you use this
information to make the best decision possible.
In reality, you’re not always going to be able
to tell if a player is bluffing or if they have the nuts. But using these
techniques, you can begin reading your opponents and gaining information other
players at the table don’t have.
For example, if an aggressive player is looking
worn-out , bored, or annoyed, I am far more likely to check my strong hands
rather than betting them. This induces them into making bets, even when they
have absolutely nothing.
I wouldn’t check all my hands, but I would
analyze the situation dependent on the factors above, and begin to set the
trap.
Try to keep focused at the table at all times.
Notice what hands players are showing down, and decipher whether their pre-flop
raise was correct or incorrect. If it was incorrect, then chances are they’ll
be making other mistakes, allowing you to capitalize and make profits from
them.
Simplify Your Decisions
When playing in any poker game – be it a
tournament, cash game or sit n go – it’s important you keep a level head and
don’t stress yourself out. When you feel as though the information before you
is overwhelming, it’s a great idea to mentally slow down and analyze the
situation.
Don’t feel afraid of annoying other players or
getting the clock called on you. Take as much time as you need, and logically
think through the hand in progress.
Think about what hands you can have in this
situation, and what hands your opponents can have. And use this information to
determine your most profitable move.
If you ever feel stuck, then think about all the
hands you would play in the same way. Don’t feel obliged to three-barrel bluff
just because you have no showdown value.
Sometimes it’s far better to cut your losses and
wait for better opportunities, rather than risk your stack on marginal
decisions. This largely comes back to knowing what hands you should be opening
the pot with, and how you should be playing them.
These are called raised first in ranges, and
they allow you to know what hands to play, and from what position to play them.
Today, I’m going to give you access to a FREE
resource that’s helped me make millions of dollars playing poker. And soon, it
can help YOU become a profitable, winning poker player.
You’ll discover how these ranges can help you
become a poker player consistently booking profits, by understanding…
Early Position Raises
Middle Position Raises
Hijack Raises
Cutoff Raises
Button Raises
Small Blind Raises
By acting now, you can get access to these
powerful charts, revealing exactly what hands to play, from what position, and
how regularly – absolutely free of charge .
But be quick– today
might be the only day I’ll be giving this away for free. Come back another day,
and you may well find I’m charging for this powerful
Why
many People Involve in Gambling
There are different reasons
why people choose to gamble. Individuals may be gambling to win money, to
socialize, for excitement or to pass time.
For some people, gambling may become a serious problem that affects all aspects of their lives. As gambling has become more accessible, the number of people involved in gambling also is increasing.
For some people, gambling may become a serious problem that affects all aspects of their lives. As gambling has become more accessible, the number of people involved in gambling also is increasing.
However, Here
are some of the reasons that people at risk of, or with a gambling problem
gamble:
- Hoping
for a “big win” (at least 1 month’s salary)
- Trying
to win back lost money
- Seeking
the excitement of risk-taking
- Impulsivity
(acting without thinking in advance)
- Trying
to feel better about themselves
- Escaping
from loneliness, depression, anxiety and/or other unpleasant feelings
- Hiding
from life’s problems
- Distraction from physical or emotional pain
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