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Edited by Niti998 at 25-12-2023 11:34 AM
In general, to ensure profits, the smaller the wager, the higher the house edge; the larger the wager, the lower the house edge. For games like slot machines with a staggering house edge and negative expected returns, studying strategies for them is practically meaningless.
Lotteries, slot machines, and various casino games are designed for different types of consumers, depending on the house edge and game frequency. Generally, when it comes to lottery strategy, the best approach is to never play, the middle ground is to occasionally spend a little money for a slim hope, and the worst option is to hope to win millions by spending money. As for strategies for slot machines, both the best and middle approaches are to not play, and the worst option is to occasionally play for entertainment. If you want to win big on slot machines, that's an even worse strategy; some people lose hundreds of thousands because they adopt this strategy.
Whenever there's gambling, there's risk. Mathematics can tell you the probability of success or failure, but it cannot eliminate risk. Gamblers are not really betting against probabilities; they're betting against time. Casinos win money from gamblers not solely based on mathematical probabilities but also by capitalizing on gamblers' weaknesses, such as their propensity for gambling, greed, unwillingness to lose, and hope for a lucky break. The house edge is the most significant advantage in gambling, and discussing gambling techniques without considering the house edge is like chasing a mirage.
As a successful gambler, you must understand how to control your emotions. In most cases, you're not just battling the casino; you're also fighting your own emotions and psychology at the gambling table. Successful gamblers must have the perspective of a banker, with profit rates governing their decisions. They need the mindset of an economist, understanding money management and maximizing the use of their funds. They require the patience of an investor, waiting for the right moment when the profit rate is positive. They need the courage and decisiveness of a military strategist; when the opportunity arises, they must seize it. Maintaining a calm demeanor is the nemesis of greed, just as heroes may falter when facing a beautiful woman, gamblers may falter when overcome by greed.
There is no gambler who has never lost money, and nobody wins every time. When losing and hesitating to confront a powerful banker, behavioral economist Daniel Kahneman's prospect theory can help us make better decisions.
Casino dealers often use gestures and tones to control and influence players' bets, encouraging them to bet more when they are losing. As a player, it's essential to be aware of this and not be manipulated. You should have patience within the casino, avoiding betting without an advantage, confidence when betting only when there's an advantage, and waiting for the right moment when the profit rate is positive. Confidence in gambling comes from a precise understanding of the house edge. Experience can help you analyze, and keeping a cool head can assist in decision-making. Avoid placing bets when your thoughts are in disarray; wait for a moment when the profit rate is positive, and be patient, patient, patient.
You should be steady and not rush into bets; maintain a good betting rhythm. Be bold when betting with a positive profit rate, bolder when you are winning consecutively; don't miss the chance to complete three consecutive wins. When you win money, leave the casino promptly; when you lose, know when to leave the casino. Come back next time, as long as the mountain remains, there's no fear of running out of firewood. During a winning streak, don't hesitate to increase your bets, as if charging into battle; when the time comes, take action. |
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