Increased Gamble Winnings with the Help of Mathematics
Guest author Klara Czerwinska shares more info on how we can use mathematics to help win at casino games. To find out more about Klara Czerwinska, click here.
The following are the basics of the mathematics of gambling and you can use these strategies to increase your chances of winning at casino games.
If you want value for your money, play slots with RTPs higher than 95%, preferably those with RTPs in the range of 96 - 98%. Top software providers such as Microgaming and NetEnt offer slots with very high RTPs.
A low-volatility slot yields frequent but smaller wins, thus delivering a satisfying gaming experience. You get the feeling of being a winner.
A high-volatility slot yields fewer but larger wins. Winning a large prize, however infrequently, can be a thrilling experience for most players.
You can also go in for medium-volatility slots that somehow balance the behaviour of high and low volatility slots.
Volatility is not the same as RTP as online casinos offer low, high, and medium volatility slots with the same payout percentages.
The following are some popular strategies, which seasoned players have successfully used to win at casino games like roulette, blackjack, and poker, among others.
Card Counting - You can't count cards at online casinos, but blackjack players have widely used this method to win at blackjack games in land casinos. As it gives players a huge advantage over the house, casinos dislike card counters and waste no time in ejecting them from their venues.
Card counters carefully observe all the cards in play and make fairly accurate predictions based on their observations.
Best Time to Hit the Jackpot - Seasoned casino players know exactly when to play for the jackpot. If you try to hit the jackpot at the wrong time, you will be making the house richer.
The wrong time to play a progressive jackpot game is when the jackpot is very small. Games with larger jackpots always come with a lower house edge. This means that you have a better chance of hitting a jackpot when it has grown bigger.
Wait for the pot to become large enough and worth the money you are about to stake on it.
Probability - Roulette maths is heavily based on probabilities. Your chances of winning a game of roulette depend heavily on the number that the roulette ball will come to rest on. Roulette math is concerned with the outcome of the next spin of the roulette wheel.
To increase your chances of winning at roulette, you have to understand the house edge of each roulette game and each roulette bet. For example, European Roulette has a house of 2.7% while American Roulette has a house edge of 5.26%. This means that you stand a better chance of winning if you play American Roulette.
Similarly, each roulette bet has a house advantage of its own. Bets with a higher house edge have higher payouts while bets with a lower house edge have smaller payouts. Placing multiple bets of varying house edges is, therefore, an excellent roulette strategy.