Applying Strategy To The 4 Most Popular Online Casino Games
When you play casino games there is always a right way and a wrong way to approach each of them. Even playing slots has a strategy that you can apply to make sure you reduce your losses with the ultimate goal of increasing your return on investment (ROI).
To help you understand more about how applying a strategy to your real money casino gaming sessions will help to improve your ROI and reduce your losses we have created this very quick guide.
Before We Start
We would like to mention that gambling online should be seen as a hobby. You should never see gambling as a way to make money. If casino games consistently churned out winning spins and deals, then casinos would exist. The very reason they do exist is because of the ‘house edge’. Every game you play is weighed in favour of the casino.
Examples of the house edge for some of the most popular casino games:
- American Roulette:5.26%
- Baccarat: 1.01% to 15.75%
- Slots:RTP of 92% to 98% (House edge of 2% to 8%)
- Keno:20 to 40%
Some games such as blackjack can be deceiving as the house edge looks relatively low at 0.5% thus giving the player an RTP of 99.5%. This makes blackjack a good place to start when talking about strategy and how important it is.
The reason that blackjack is profitable is that most people do not know how to play this intricate casino game properly. Blackjack only has a house edge of 0.5% when you play using basic strategy.
What is ‘basic strategy’?
We have written a short guide about blackjack basic strategy here. However, to explain what it is in short, it is a mathematical chart of the dealer’s face-up card (or cards if you play double exposure) and your cards. This chart tells you the best possible action to take according to the probability of your winning that hand. By following this chart, you will reduce the chances of losing and increase your chances of winning.
For the most part, you can forget card counting online. Random Number Generator (RNG) games, which are virtual casino games have what is called a constant shuffle. Therefore, the deck is always shuffling when you play making it impossible to card count. Yet, there are some live dealer tables whereby you can count cards for a short period of time, but eventually, the dealer will shuffle the pack.
There are tons of roulette strategies you can apply. Unfortunately, most of them apply to outside bets such as red or black or dozen bets. These are certainly not the most profitable opportunities on the roulette table and some such as the Martingale strategy comes with the risk of over betting the table maximum. You can read about this in our Martingale strategy guide here.
What are the most famous roulette strategies?
There are quite a few roulette strategies that you might want to read up on. We would suggest using your online casino’s free play tables to test some of them out.
- Reverse Martingale
- James Bond
- JAA Cross-Referencing
Probably the most extravagant is the James Bond strategy because it actually focuses on inside bets, but it does not come without risks. The JAA Cross-Referencing system is popular, but it is mesmerizingly complicated because it relies on collecting data and identifying patterns – this would mean you would need to purchase roulette software or get your excel spreadsheet ready!
As for the others mentioned here, they are the most popular or well-documented strategies, but they are not 100% reliable and researchers have found flaws in all of them.
Strategies used in Baccarat are not too dissimilar from those used when playing the outside bets in roulette. This is because banker and player bets on baccarat have similar odds to roulette’s outside bets. For example, on roulette, either black or red will land with the zero wiping out all bets. In Baccarat either the banker or player wins with a tie wiping out all banker or player bets.
As a result, strategies with ‘positive’ and ‘negative’ progression such as the Reverse Martingale, D’Alembert, Fibonacci, and Martingale strategies are the most popularly used.
Now we are mentioning slots strategy because we have already written a guide that covers this subject.
Online slots are much harder to apply mathematics via the use probability. For blackjack, the math is virtually flawless with basic strategy. Roulette has a reasonably predictable system or at least as far as probability is concerned you can make educated bets on certain numbers, and baccarat is just a mix of variation and probability with an element of luck. As long as you play the strategy on all of these casino games, you are going to find you have more control.
On the other hand, slots do not offer the same luxury. However, you can still control your slots gaming using several techniques which we explain in our online slots strategies guide here. That said, the key point we really want to take from this is bankroll management and bet sizing.
Bankroll Management and Bet Sizing
To conclude this guide, we could not end without mentioning the most important strategy every gambler should adhere to. Controlling your budget and betting according to your bankroll. That means if you have a bankroll of $100, you should not play at $10 tables. It sounds unbelievable, but actually, you are setting yourself up to lose if you do.
You may win 7 hands, but lose 17, and that is your session over. Worst still, if that $100 was your monthly budget, can you imagine winning 20 bets and losing 40. That’s basically 2 bets per day for the entire month. Now we are only figuratively speaking here. However, this really could happen if you are having a bad day at the tables or on the slots.
This is why bet sizing according to your bankroll is the most important strategy you can learn as an online casino player. Even if you are applying any of the strategies mentioned here to your real money or cryptocurrency casino gaming, you still need to make sure you get your bet sizing spot on in order to make sure your bankroll lasts the entire week or month.
All of this takes time and experience to master. You may squander some of your cash learning these strategies and understanding your bankroll versus your bet sizing, but eventually, this will be money well spent. Also, do not forget, you can take advantage of bonus codes to add more cash to your bankroll. Welcome bonuses are particularly useful because they offer the largest amounts of bonus cash to begin your online casino experience.
Consequently, you can have some peace of mind that some of the cash you lose perfecting your strategy was free money given to you by the casino. Have a look at our bonus codes guide herefor more information, and also make sure you understand how the wagering requirements work by reading our guide to bonus wagering requirements here.
Finally, always remember to gamble responsibly to make the most out of your online casino gaming. By applying a strategy, this will go a long way towards making sure you are a responsible gambler.