Five Big Gambling Mistakes

Today I’d like to share with you five of the biggest gambling mistakes made by the average gambler. Las Vegas casinos make an absolute fortune from people making these common mistakes year after year. If you’d like to win more often, and lose less often, then it is recommended that you follow some of these basic tips.

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Five Of The Biggest Gambling Mistakes You Should Never Make

Casinos are very deceptive businesses that use clever strategies to ensure they generate massive profits every single year. Is it possible to turn a profit in an industry that was designed to take winnings away from players? Although winning money at a casino is not easy, it is often possible. I’d like to shed light on five common gambling mistakes that cause players to maximize their losses. Avoid these mistakes and you automatically increase your chances of winning by a large percentage.

5 Big Betting Errors

Most players enter a casino and hope to win a lot of money in a short period of time. They become so obsessed with winning that their focus becomes impaired, they become stressed, and start making some bad betting decisions. You cannot win at gambling if you do not have a secure betting plan. To reduce your chances of losing money, you should avoid the following 5 betting mistakes.

The First Mistake: Betting without first setting a budget

Before getting in your car and driving over to the nearest casino, decide on a set bank roll, and don’t take any more with you. Never take your key card or credit card with you in case you might use it. If you don’t manage to win any money, and you use up your entire bank roll, quickly pack up your belongings and go home. If you allow yourself to become emotionally involved, you will quickly find yourself in a dark place, and without any money.

The Second Mistake: Not understanding the game

Any game that you choose at the casino should be a game that you know well, and a game that you entirely understand. If you feel comfortable on a game, then you will stand a bigger chance of winning. It’s extremely difficult to win at something you don’t understand, or have little experience with.
Speaking from my own personal experience, your aim should be to uncover every gambling tip and every strategy, regarding any gambling game, you want to become great at, or that you want to win at.

The Third Mistake: Not focusing and losing your judgment

Casinos seem to encourage their customers and guests to purchase alcohol, and consume all other kinds of drinks. If that weren’t enough to distract players from their game, and impair their judgment, they also feature live music bands, which are both noisy and distracting. The biggest problem with alcohol, besides it impairing your judgment, is that it causes some people to become very emotional. A player who is extremely emotional will quickly lose their cool, especially if they experience a couple of difficult challenges. Impairing your judgment and increasing your emotional involvement will drain your bank roll very quickly, and very effectively.

The Fourth Mistake: Playing the wrong casino games

If you want a greater chance of winning, choose games that offer relatively high pay outs, and that rely mostly on skill. If you just want to have fun, and play a game that is easy to understand, then slot machines are a very popular option. However, if you’d like to play a game in which you have some control over the outcome, then I recommend playing either blackjack or poker. Not all casino games are exactly the same. Research which games offer the highest payouts, and best chances of winning, then start practicing, and mastering those games.

You have no chance of winning any money until you master a game. Mastering a game involves hours of practice, a strong understanding of the games rules, and a commitment to understanding a few important winning strategies.

The Fifth Mistake: Selecting and playing at the wrong casino

No all casinos offer the same features. For example, some online casinos offer players a $500 welcome bonus just for registering a player’s account. If Texas holdem poker is the game you most want to play, then research is definitely recommended as some online casinos do not offer Texas holdem poker. Research is the key to finding the best deal.

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Industry Experts Surprised at Recent Gambling Figures

With an estimated 250,000 gamblers, whose past time has become ‘problematic’, there was fear from regulatory and government bodies that with the introduction of various new mediums, including online casinos and poker rooms, that this figure would dramatically increase. However, and surprisingly for many, the percentage of people within the UK with a so called ‘gambling problem’ has in fact fallen from 72% in 1999 to 68% this year.

Although this figure does not show the entire picture, with the majority of this 4% change being directly attributed to a decline in players of the national lottery, it is indeed welcomed news for those who had expected a sharp rise.

This study, entitled the ‘Gambling Prevalence Study’ and conducted between September 2006 and March 2007, questioned approximately 9,000 adults in relation to a total of 17 different forms of gambling. Head of the study, Peter Dean, concluded that more than 99% of adult gamblers did not fall into this problem group and that overall, despite the introduction of new gambling methods, the number of people who regularly enjoyed a flutter had decreased.

So why are less people gambling, considering the relative ease with which you can now take part? Why has the advent of online gambling been apparently unable to entice more people into playing, and more often? Well, the truth of the matter is that they have succeeded in drawing gamblers into their virtual casinos. Other than a significant decrease in those playing the national lottery, every other form of gambling has seen a steady rise on the figures of 1999.

On the face of things this is not something to be too concerned about. In comparison to other countries around the globe the UK ranks amongst the likes of Canada and New Zealand, with gambling levels far lower than in the USA. It is also good news for the tax man, who made a staggering £2 Billion from gambling last year alone.

This probe was announced by Gordon Brown as a way in which the government could assess its plan of regenerating deprived and run-down areas with the introduction of super casinos, with the first to have been built in Manchester later this year. However, with the conclusion of this study and the findings which do show increased popularity for non-lottery based gambling, the government have decided against their super casino plans.

One spokesman for the Prime Minister went on record saying “While the report shows that problem gambling still only affects a small minority of people, it does remain a serious issue and something that has to be addressed. The prime minister said in July that the issue relating to a super-casino is whether or not this is the best way of meeting our regeneration objectives.”

The in depth findings of this report are due to be published very shortly and I am sure that the gaming industry, as well as other keen industry experts, will indeed be very interested in reviewing the conclusions of the gambling commission.

Gamblin7, Blogger

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The Curious Crave of Casino Games

A careful analysis of a casino’s games reveals the interesting allure behind them. The first aspect of their appeal is the mere appearance. From the flashy roulette wheels to the crowded craps table, each game has a unique look that caries over to every casino and website. With each of these gambling games resembling one another at various locations, a sense of familiarity is established. While this may allow a player to feel at-home at any location, there is another essential element of their appearance that makes these games appealing to their players.

In addition to a consistency in appearance, casino games draw people in by the nature of this appearance. Both live casinos and online gambling sites utilize flashy games as an advertisement to draw customers. Slot machines are notorious for this. Slot machines are the brightest and most flashy attractions in the market. They offer a wide variety of themes accompanied by unique symbols and flamboyant décor that can drive just about anyone to “give it a try.” This is the reason that these machines are located at the entrance; they lure customers. Within any casino or gambling website, there is a general theme of brilliant colors and vivid displays that successfully promote its gambling games.

Although appearance plays a vital role in the appeal of casino games, it is not the only factor. A promise of risk and adventure lies at the heart of these infamous attractions. With each role of the dice, spin of the wheel, or pull on the lever, a gambler experiences an unrivaled adrenaline rush as they anxiously await the outcome. There is always a potential for striking it rich, and this is erotically enticing. The mere fact that money is involved combines with the general risk-taking nature of gambling to make every game an exciting experience.

In conclusion, casino games have a curious element of allure that pulls in their players. People cannot help but crave them. From a consistent appearance and flashy aurora, to a promise of fun and excitement, these games advertise themselves as a guaranteed thrill for any interested gambler.

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Identifying a Real Online Casino Deal

Online gambling is one thing that you must do with caution. You can’t be discredited for your lack of trust, and the Internet is full of scams and shams that all aim to fool you in one way or another. You see the same thing when you join the gambling industry. Since money and betting is involved in online gambling, there is a high chance to get fooled when doing it. The first thing that you must do is check which among them is real or not. Below are a list of guidelines which will help you distinguish the difference.

Relatively New and Unknown

It is absolutely wrong to ignore a newly established online casino for not having known its reputation yet. Perhaps the casino is just actually new. Nevertheless, you cannot discount the fact that several new online casinos have been confirmed fake. Some would come up with a new casino and lure new registrants by offering bonuses to the first hundred registrants but only to run away with the registration fees in the end. Be wary of such schemes.

Also, stability can be equated with the number of years it has stayed in the industry. Online casinos that quickly disappear are those that don’t know much about the industry in the first place. Those secured ones are already very familiar with the problems that they may meet in the business, hence they are expected to survive and last much longer.

Banking Options

One way of checking an online casino’s authenticity is by the amount of banking options. There are casinos which present only a little banking options. While some online casinos just weren’t able to strike a deal with as many banking firms as they can, some just weren’t able to meet the standards required by banking firms such as Neteller, Click2Pay and other banking options. Maybe the banking firms are not too convinced with the stability of these online casinos that they do not want to offer their services.

A Third Party Software

Third party softwares come in the form of auditing firms or security companies. The existence of online casinos are validated through this. More than that, it will also give you additional information or security.

The average payouts of an online casino is also assessed by the auditing firms. These can also check an online casinos authenticity. You can check if they award the winnings that their customers won. Third party security softwares ensures fairness and security of players.

Lack of Customer Support Response

Customer response of online casinos should be fast, or they will denote two things. They may not have any staff to cater to their customers needs or they have it but it is not enough. It is not remarkable not to be able to get a customer support respond to your need. If you sign up for that online casino, and encounter problems along the way, you may not get the help you need.

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Online Gambling Provides Higher Rates of Return

Your best bet for casino gambling is playing online. Online Casinos offer better than Vegas odds, deposit matches, convenience and a wider variety of games. There is a high level of competition between these casinos because of the ease of moving between them. They are competing not only with each other, but with land based casinos. Online casinos do not have the large overhead of land based casinos and this savings is passed on to the player.

Online casinos do not have the expenses of traditional casinos. Lavish Vegas casinos with neon lights, multimillion dollar lobbies and dancing fountains are nice, but someone has to pay for them. Cyber casinos look like small office buildings with 10 or 12 employees. Their largest expenses are licensing the casino software and monitoring for fraudulent activities.

Traditional casinos will raise table minimums and offer fewer high paying slot machines during peak hours. There is limited competition and they have a captive audience. If the number of players looking for lower limit tables and higher paying slot machines became great enough a new casino would eventually fill this need. This is the law of supply and demand. In cyberspace this luxury does not exist. The ease of opening a new online casino to fill a void makes this practice impossible.

In 2002, the United States Court of Appeals decided that the Federal Wire Act applies only to online sports betting and not to games of chance. This legalized online casino gambling for US players. However, it did not make it legal to open an online casino inside the United States. It is very difficult to collect taxes on winnings from online casinos, because they are based outside of the United States. They do not report winnings to the IRS and this has become a point of contention with both opponents and proponents of allowing US casinos to open online casinos.

In response to the inability to collect taxes the US Government has but many restrictions on the banking industry. These restrictions include coding online casino deposits and not allowing them from 13 states. The states that do not allow credit card deposits to online casinos are Michigan, Illinois, Louisiana, Oregon, Washington, Wisconsin, Indiana, Nevada, South Dakota, New Jersey and New York. Banks and players quickly discovered that anonymous prepaid debit cards were the way around this.

Online casinos offer deposit match bonuses. These bonuses are largest on initial deposits. Many online casinos will double your initial deposit up to around $1,000. Some will continue to double, or at least match a percentage of, your first few deposits. This is done in hopes that once the player has set up their account it will be easier just to continue playing at the same casino. Since there are only a few proven software packages, most online casinos are very similar. The ones that have set up their own software are generally not as secure. The match bonuses increase your odds and extend the amount of time you will spend playing with the same amount of money. Overall the higher payout percentages, match bonuses and convenience of not having to travel make online gambling and better bet than traveling to a casino.

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