The Game Of Gambling

For many people gambling is a way of relaxing after a day’s work but for most it is “work”. Yes, it is true, gambling can earn you big time money! Many people gamble to earn big amount of money but gambling is not for everyone because it takes more than luck to be able to win in big casinos. It takes skills and talent. Aside from that a person has to be very good in math in gambling. Mathematics, logic and math…these trio go hand in hand in order for one to always hit the jackpot. But it is also a fact that even those who are lucky and talented in gambling do not always win big time. There are certainly times when a gambler will also lose big time and this is what most gamblers are afraid of. But once a gambler, always a gambler. And no matter how much and what is the risk in gambling, a gambler will never back out unless everything is taken away from him.

Las Vegas is the paradise of the gamblers. There are so many games that a gambler can enjoy in Las Vegas. From poker chips to slot machines. The choices are endless and not all games are the same. But one thing is common of all the games: there is thrill in every game. The thrill of throwing the dice, of slashing a deck of card and in inserting a coin in slot machines. Every gambler has one hope when playing and it is to win.

But, is gambling good or bad? For decades people with different views about gambling have argued about this subject and up until now nobody has ever won. Any would say that gambling is not good because it makes a person lazy, relying only in luck to earn money. While others would say that gambling is good because it can give a person the opportunity to be financially stable once he hits the jackpot. And not everyone in this country have the same point of view when it comes to gambling.

It is true that gambling can be an addiction and when it reaches to this point it advisable that you should keep stop yourself from gambling and only go back when you think that you can already control yourself. Many people have lost their family, friends, home and properties because they are hooked in gambling up to the point of not being able to decide what is right and wrong.

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Gambling Betting Strategies – Paroli And 1-3-2-6 Systems

In this article, we will discuss another two famous online gambling strategies: The Paroli and 1-3-2-6 System. Similar to other betting strategies, these two systems are not flawless, but they give players the strategies to play their favorite online casino games.

The Paroli System

The Paroli betting system is also known as the reverse Martingale system as its betting strategy is totally opposite to what the Martingale strategy is. Martingale system requires players to increase the bet amount whenever they hit a losing turn. With the Paroli system, players begin their first bet with one unit, if they win the turn they double the bet amount of previous bet, else if they hit a losing turn, the bet returns to the base bet of 1 unit.

Similar to many other positive progression systems, players have to set set-losses on wins. For example, you may decide to reset the bet amount back to one unit after three or four successive wins. Don’t keep doubling up the bet amount on every win without setting a limit because you may lose all winnings if you hit a losing turn. Moreover, nobody can win on every bet even though he/she has the best luck in his/her life.

The successive of Paroli system relies on hitting winning streaks. The problem is these streaks cannot be predicted by the players and it may be a very short streak, such as 2 or 3 times, and you hit the loss at the fourth turn; or it may continue to hit the winning streaks for more than 10 times, giving you an opportunity to win big. One thing for sure, the Paroli system is not a “sure win thing” in the long run, but it is certainly possible to help you make short-term wins.

The 1-3-2-6 System

The 1-3-2-6 system is a very attractive betting system commonly used on even-money bet at casino’s games like Roulette, Sic Bo, Blackjack and Craps. The name of the system has explained how the betting strategy works. You start an initial bet with one chip and bet one 1-to-1 even-money bet area such as Black/Red, Odd/Even or Hi/Low of Roulette. If first bet win, you bet with 3 chips (one chip from initial bet, one chip from the winning of first bet and one chip added from your account) for second bet. If second bet wins, you will have a total of 6 chips on the table. Keep the 4 chips into your account, leaving 2 chips for the third bet. If you win the third bet, then 2 chips are added to the 4 chips on the table, a total of 6 chips for the fourth bet. If you win, the 1-3-2-6 cycle is completed. Restart the system with one chip on next turn.

The advantage of 1-3-2-6 system increases the winning opportunity while minimizing the risk of losing. If players successfully complete the 1-3-2-6 cycle, they will collect of total of 14 winning chips, else players need to restart the cycle with 1 chip every time they hit a losing turn. The risk of losing is minimized to a maximum of 2 chips at any level. By using 1-3-2-6 system, you have a chance to win 14 units while only risking a maximum of 2 units.

Summary

Paroli and 1-3-2-6 Systems are common two gambling betting strategies used at online casinos. They can’t guarantee players to win on every bet, but giving them some strategies to play the games in a winning way.

Free Casino Chips and Honest Online Casinos

An understanding of the relevance of free casino chips must be put into its proper context: are the offers of the free chips coming from honest online casinos?

The first online casinos opened 10 years ago, and now there are hundreds that can be found online. Estimates vary as to the number of people who gamble online, but recent estimates suggest that a figure of around seven million worldwide would not be too far out. Taking that into account, and with a further estimate of more than $12 billion spent in online casinos alone (not including physical land-based casinos), offers of free casino chips may understandably be seen as something of a drop in the ocean.

Add to that the question of whether or not these free chips are being offered by honest online casinos, and we enter an area worth some study or serious research.

Firstly, let us consider what these free casino chips are really worth to the individual online casino player. Free casino chips are of four main types:

No Deposit Bonus. This is simply free money. Honest online casinos will offer free casino chips with no strings attached, simply to attract people to play at their virtual tables. There will sometimes be minor strings attached. For example, the casino may ask for credit card details up front. Always read the terms.

Matching Deposit Bonus. This is where the house will match your deposit. Often this is done in multiples. For example, a 200% bonus will mean that if you were to deposit $100 then the casino would add $200 in free casino chips to your account. Very nice! Especially useful for new players starting out.

Uncashable Bonus. This is the so-called ‘sticky’ bonus. This can never be cashed, but its usefulness lies in that fact that it stays in your account and enables you to use the bonus account to ‘leverage’ higher wagers. These free casino chips stay latent in your account simply to allow you to do things which you otherwise could not.

Loyalty Bonus. This is exactly as it sounds. All honest online casinos, and offline ones too, want to keep hold of their good returning customers, and will offer loyalty bonuses, including free casino chips, as a result.

Remember that online casinos can afford to do this because they simply do not have the overhead that their brick and mortar land-based counterparts have. Equally, there is no excuse for an online casino NOT to be honest for exactly the same reason. They can offer free casino chips AND be an honest online casino in circumstances where their physical equivalents would find the financial burden impossible.

So how do we go about identifying which are the honest online casinos and which are not? Well, a lot has changed since the earliest online casinos set up shop in their offshore locations in 1996. Self-regulation (at best dubious) led to accreditation of bodies like ECOGRA (E-Commerce Online Gaming Regulation and Assurance). Look out also for evidence of good customer care, positive feedback from online casino forum members and decent helpline facilities. The more honest online casinos will offer (will actively boast) 24 hour live chat and live email support as well as toll-free telephone help. Does it have a mailing list you can join to keep in contact with the latest tournaments and special offers? Trust lies at the heart of any subscription process (or people would not subscribe) so that in itself is a good indicator of an honest online casino.

Transparency of accounting systems is another good indicator of honest online casinos. When testimonials are published make sure that it is from more than a set of initials, and make sure they have a state or country. Free casino chips may be ‘virtual’ in concept, but they are used by real people!