Do you have what it takes to become a successful (and profitable) gambler? Read on and find out:
1. A gambling system
No matter what your game, a gambling system is being marketed to turn you into a winner. Unfortunately, 90% of them are built on empty promises and does not work.
So how do you find a system that works? The easiest way is to get a personal recommendation from somebody that you trust, who has used the system with positive results. Otherwise it is a long, hard slog through all the promotional rubbish to find a system that makes sense to you. Don’t just buy the first one that you see.Research the creator and make sure he has a reliable reputation?
A good system does not only include a gambling system, but also a bankroll system, win/loss criteria and preferably a flexible approach. I can’t stress this enough! I have seen so many people lose their money because they did not have a sufficient bankroll or their system was not flexible enough to change if they were losing.
It is crucial that your system rely on mathematical and statistical odds to make a consistent profit. If this is the case, the laws of nature are on your side!Sometimes the gambler playing on gut feel can win big, but he will certainly also lose big.
So now you have a good system and you are raring to go and win some money. WAIT, because you might still lack what I feel is the most important element of a successful gambler. You need the right mindset…
2. The right mindset
At this point some people will stop reading and ignore the “mumbo-jumbo”. To them I say all the best of luck with your gambling and I hope you become successful. But chances are that they won’t. Sure, they might win a few hands/pots, but over the longer term, they will consistently lose.
For those of you still with me, what do I mean by the right mindset?
Well, for starters, don’t see yourself as a gambler. Gambling implies relying on luck to either win big or lose big. See yourself as an investor. You invest your time and money (bankroll) to make a profit.
Believe in your system.This is why you should always have a reliable and proven system. You need to be sure that although a session might end in a loss, you will recoup the loss in the next few sessions.
Let us look at an example: In your first session you make a profit of $100. In your second session you make a loss of $200. So your net loss will be $100.
At this point many people quit and whinge about the system not working as it is supposed to. What they don’t realise is that the next three or four sessions might net them $400 profit. So not only do they lose a system that might make them consistent profits, but they lose $100 as well!
Calculate your winnings and losses in units. Why? Well, if you play with $1 chips, then wagering two or three chips (units) is not a big deal. What about playing with $20 chips? All of a sudden you are wagering $40-$60 on a single play. Your mind tells you that you are staking a lot of money, which in turn causes you to have doubts about your system. This is where people start to play too carefully and not follow their system. End result: they lose the money. If your system worked with $1 chips, there is no reason for it not to work with $20 chips. Remember to always wager amounts supported by your bankroll.
3. Casino bonuses
The last weapon in your arsenal is casino bonuses. What a great way of making money by using the casinos’ money against them! Obviously there are a lot of requirements associated with this. I mean, why would the casino give you free money? Discussing these requirements would be and article or two on its own!
If you implement and developed the points mentioned above, you will already be ahead of the majority of gamblers and on well your way to beat the casinos.