Archive for December, 2010

Slot Machine Betting Myths

It seems that there is not a whole lot of betting strategy involved in slot betting aside from properly managing your bankroll and looking for games with high payout percentages. Even still, some slot betting “strategists” insist that there are many ways to beat slot machines, which has resulted in several myths.

Here are some of the worst myths that have grew in slot betting.

You need to wager max Coins in Every Game
The worst myth in slot betting is that you need to play the maximum amount of coins in every game to achieve the highest payout percentage. And this myth is given rise by people who do not pay very good attention to slot machine payout tables and jackpots. In reality, you only need to wager max coins when dealing with progressive slot machines games because progressive jackpots can’t be won without max bets. Many slot betting games do not have progressive payouts, so you will get the same payout percentage whether you bet $1 or $3.

Winning at the slot machines is about Timing
Some slot machines fans get bored and try timing up their spins to win money. As chance would have it, sometimes timing spins results in wins for fans. It’s for this reason that you hear a lot of casino betting fans swear by timing their slot machines spins. But the thing to realize here is that slot machines games are governed by random number generators, which determine wins by thousands of a second. This being the case, there is absolutely no way you can consistently time spins to win.

Land-based Casinos place Winning Slot Machines in specific zones
This myth has been around since the 90’s when Frank Scoblete wrote about how casinos place the highest paying games in less-traveled areas of the casino, and they place the lowest paying games in high-traffic areas. Unfortunately, this advice is only based on one interview with one casino manager. Furthermore, the interview took place in the 90’s, so casinos have already caught onto the notion that fans believe in this myth. If you’re only playing slot machines in high-traffic areas of the casino thinking that you’re going to get rich, you are going to be thoroughly disappointed.

How Blackjack Betting Rules Change the House Edge

In most cases, the house edge in blackjack Betting can be narrowed down to 0.5% (non-card counting excluded).  That’s of course if you use perfect Betting strategy, which also includes doubling down and splitting when necessary. 

But what many players don’t take into account is how certain rules changes can affect the house edge in a big way.  Keeping that in mind, here is a look at some of the biggest changes affecting the house advantage.

online blackjack Betting makes sure you get a consistent game, Betting rules you know and an RNG you can trust. The online game is going to be the same day in/day out, so get to know the game and have some fun blackjack Betting for real cash. Stick with your proper blackjack Betting strategy and enjoy the game – but when you’re in a brick and mortar casino, keep these following factors in mind when you are out to make money playing cards.

Number of Decks:
The number of decks used will affect the house advantage.  Most online casinos use eight decks because it gives them a 0.5% advantage even if players do use perfect strategy.  If you cut the number of decks down to 6, the house edge falls to 0.4% (provided no other major rule changes are involved).  Assuming the dealer stands on a soft 17, players can actually gain a 0.1% edge on the casino.

Dealer Stands/Hits on Soft 17:
The dealer standing on a soft 17 has a big impact on the house edge.  In fact, players get a better deal if the dealer has to stand on a soft 17; if the dealer hits on a soft 17, the house has a 0.7% edge in an 8 deck game.

How Much a Blackjack Pays:
Blackjack pays 3:2; assuming the dealer stands on a soft 17, this keeps the house edge around 0.5%.  However, if a blackjack were to only pay 6:5, the house edge would balloon to 1.85%.

Double after Split:
Being able to double after a split also affects the houses edge.  Assuming you are allowed to double after splitting, the house edge stays at 0.5% rather than going up to 0.6% when you can’t split.

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Mobile Betting the hit of the Future

Can you see yourself sitting in a boring meeting inside a large conference hall. The guy in front of you has his iPhone in hand and is playing roulette online. And as you watch, he wins a round in real money.  This is what online casino companys are hoping to see.

Research giant Juniper indicates that the odds of this happening in the future are really good. In fact, the research firm predicts that mobile Betting will hit the $48 billion mark by the year 2015 from a combination of casino games, lotto and sports betting.

When you think about it, the mobile phone is the perfect tool to use for wagering money. You could bet on the morning commute, in your cubicle at lunchtime or while dressed in your night clothes at 3 am. There will be a day, and it is not so far off, when people won’t go to the horse track any more  or to a sporting event because they will be routinely able to place their bets from their hand-held devices. Mobile betting is poised to change the world of Betting and it’s sure to become a revolution in the online Betting industry.

Some European casinos are already generating as much as 15% of their business through mobile casino game platforms. Huge online casinos such as Bet365 and Bet24 already offers mobile Betting and it is expected that most every online casino will follow suit. It wasn’t so long ago that online casino Betting was the latest and coolest thing. Now the coolest thing is a mobile casino because the technology is expanding quickly.

What do you think? Will you welcome the opportunity to bet freely on your mobile phone or do you think that it’s enough to be able to play poker, roulette and slots on your home computer? People against the idea say “enough is enough”. There are many good arguments for opposing the idea. Maybe it will be too easy to wager your hard-earned money if every web-based casino offers mobile Betting. But then again, you have to be an adult to bet online and aren’t adults allowed to make their own decisions?

Until the phenomenon becomes widespread, most of us will have to settle for Betting online from our laptops, PC or iPads. And, what’s so bad about that? The online casino games are big, colourful and really quite amazing on our large screens. The experience is very much like it is when you are sitting in a land-based casino. Plus, with the live dealer games like roulette and blackjack that are being offered today, the experience is even more astounding and life-like, so what’s the rush with mobile Betting?

If you were to talk to anyone in the UK today that is currently enjoying online casino action at one of the top European casinos such as Tropez, you will probably be told that they are totally satisfied with what these great online casinos offer. Casino Tropez has all of the games you could ever hope for, it has a live casino as well which is very popular and drawing throngs of new players each day. Sure, mobile Betting is coming more and more, but for now it seems that most of us are 100% satisfied with the online Betting choices we currenty have.

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