Like in all forms of gambling, online casinos have quite high odds in their favor in most games. Understanding these odds and minimizing their effect on your winnings is the first step towards turning a consistent profit in online casinos.
Online casinos, just like brick and mortar casinos, have a built-in house edge that gives them a built-in advantage over players. This built-in advantage over players explains why many people (including myself) can make more money playing online than playing in a real casino.
Granted, there are ways players can try to combat this edge, such as by playing with minimum credits and therefore maximizing your chances of winning. However, these solutions often carry a high risk of losing more than they can win.
The built-in advantage of all online casinos also means that they have a higher house edge over players than brick and mortar casinos. This means that online casinos will deliver a smaller profit to the players than real casinos will.
Despite all of these risks, however, there is one great benefit to playing online that cannot be overlooked: the odds are traditionally lower than they are in physical casinos.
What this means is that in online casinos, the number of decks of cards played, the number of spins of the roulette wheel, and the number of times a slot machine player takes chances are all statistically lower than in a physical casino.
Despite the lower odds, though, you can still make money playing at online casinos. Although the majority of your profits will come from playing slots, you can also occasionally make money by playing games such as blackjack or roulette, even if you’re playing by chance.
Mastering the online casino blackjack game is a great example of this. Slots, when compared to blackjack, involve less decision-making on your part. You’re not playing for your cards, so the decisions themselves are less stressful. That makes it easier to make decisions that will have a positive effect on your bank.
The thing about online casinos that make them so different is that they aren’t controlled by a third-party casino software company. They’re all powered by Microgaming, the same software company that designed the software for the online poker rooms. Online poker rooms, for example, have forced you to download a casino client after registering at a poker room, but online casino games don’t require you to download anything to play them.
Mastering the lower-skill games such as blackjack, roulette and slots is easy. You don’t have to try to beat the casino dealer, because there’s no one there to beat. (Don’t steal my credit card! I swear!) Instead of paying a dealer to beat the house, you simply take the money that the dealer prefers to hand out, and you get paid when you win.
You’ll often have a higher payout percentage than at a real casino. For example, a single deck of playing cards has a house advantage of 0.18%. But a deck of cards with shuffling has a house advantage of only 0.55%! So by shuffling the deck of cards, you can forget about beating the house and just have fun.
Are Blackjack Betting Systems Better Than Card Counting Systems?
They’re both ways of trying to beat the dewabet, but they’re not the same. Card counting is almost strictly a mathematical method, while blackjack betting systems try to incorporate several different statistical methods.
Card counting is a very strict mathematical approached that only you can execute with perfect accuracy. Since you’re not allowed to play the casino’s hands, you can’t bet on the cards that the dealer shows you. Therefore, you can’t bet at the same time that you would normally bet against the dealer, and you need to get very good at your card counting before you even attempt to do so.
On the other hand, even though blackjack betting systems can be effective in predicting the probabilities, you have to remember that the higher-rated systems will actually work less well for you than the lower-rated ones. The reason for this is that most of the lower-rated systems can’t predict the probabilities of the cards that have a less favorable outcome. Therefore, you’ll find that in any casino, the advanced betting strategies work the best for you if you’re willing to invest a little time into learning them.