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Betting tips for newbies

Chagidudey

By Chagidudey
in Casino Discussion

Featured Comment

imantsk1 Rising Star

imantsk1

Posted
Posted
On 9/8/2020 at 10:26 AM, Chagidudey said:

Everybody knows that casinos have a house edge, however, this is often overlooked by many players and they often unknowingly decrease their own odds by making certain mistakes while trying to profit or wagering. Thus, in this guide, i will be listing out tips to help cut your losses and increase your profitability in the long run. All tips applies to all casino games in Stake.com.

1. Organising your bankroll / bets

More often than not, when people are trying to make a quick buck or tilt betting, they often bet a quarter, half or even the whole of their bankroll at once ( any odds ), in the long run, you are likely to lose the whole of your bankroll very quickly. Instead, its better to bet 2% OR LESS of your bankroll at once. 

For example, while playing blackjack, lets say your starting balance is $1000, your bets should be $20 or less, double where you need to, split where you need to etc. but this way, you can't lose it all at once, instead allowing you to build a balance.

2. Martingale? BAD.

Martingale, or more commonly known as the 'double down' method, where when you bet on 50/50 odds and double down every time you lose. Full-proof right? 99% of the time whenever this method is used, it doesn't last more than a couple hundred bets (depending on your bet size compared to bankroll). Because in the long run, it is common to see 10+ bet losing streaks, often wiping people's bankrolls. This applies to all game modes, Roulette, Blackjack, Crash, Limbo, Mines, Dice, Baccarat Etc.

It does not function as a wagering strategy neither a profitable one (in the long run). Avoid this strategy.

3. Always bet on banker 

In Baccarat, people tend to bet on player just because of the 'equal' return of 2X, compared to the banker's 5% commission, 'theoretically' people should bet on player all the time right? Well actually, after taking into consideration the rules of baccarat and the advantage banker has compared to player when it comes to dealing, betting on banker actually has a lower house edge compared to player. In stake.com's baccarat, infinite decks are used, where the house edge of banker is 1.06%+/-, compared to players 1.24%+/-. In the long run, it is always better to bet on banker.

4. Avoid side bets

Although stake.coms blackjack game does not have side bets, people often play on Evolution Gaming's Live Blackjack, where many side bet options are offered, most commonly 21+3 and perfect pair side bets. Evolution gaming uses 8 decks in their blackjack, and according to the math, 21+3 has a house edge of 6%, whilst Perfect pairs holds a house edge of 4%. Insurance is also counted as a side bet, of which has a 7.4% house edge in an 8 deck shoe. In the long run, detrimental to your bankroll.

5. Always use basic strategy for blackjack

Lastly, when playing blackjack, ALWAYS play with basic strategy. Remember to always check how many decks are being used and use basic strategy accordingly. This reduces your house edge to as low as 0.5%!.

Thank you for reading my guide. Please leave feedback below!

 

I think the best possible way to win is not to play by rules that are too much static, be more flexible. That is the way for me.

anjiealvarez Contributor

anjiealvarez

Posted
Posted
On 9/8/2020 at 3:26 PM, Chagidudey said:

Everybody knows that casinos have a house edge, however, this is often overlooked by many players and they often unknowingly decrease their own odds by making certain mistakes while trying to profit or wagering. Thus, in this guide, i will be listing out tips to help cut your losses and increase your profitability in the long run. All tips applies to all casino games in Stake.com.

1. Organising your bankroll / bets

More often than not, when people are trying to make a quick buck or tilt betting, they often bet a quarter, half or even the whole of their bankroll at once ( any odds ), in the long run, you are likely to lose the whole of your bankroll very quickly. Instead, its better to bet 2% OR LESS of your bankroll at once. 

For example, while playing blackjack, lets say your starting balance is $1000, your bets should be $20 or less, double where you need to, split where you need to etc. but this way, you can't lose it all at once, instead allowing you to build a balance.

2. Martingale? BAD.

Martingale, or more commonly known as the 'double down' method, where when you bet on 50/50 odds and double down every time you lose. Full-proof right? 99% of the time whenever this method is used, it doesn't last more than a couple hundred bets (depending on your bet size compared to bankroll). Because in the long run, it is common to see 10+ bet losing streaks, often wiping people's bankrolls. This applies to all game modes, Roulette, Blackjack, Crash, Limbo, Mines, Dice, Baccarat Etc.

It does not function as a wagering strategy neither a profitable one (in the long run). Avoid this strategy.

3. Always bet on banker 

In Baccarat, people tend to bet on player just because of the 'equal' return of 2X, compared to the banker's 5% commission, 'theoretically' people should bet on player all the time right? Well actually, after taking into consideration the rules of baccarat and the advantage banker has compared to player when it comes to dealing, betting on banker actually has a lower house edge compared to player. In stake.com's baccarat, infinite decks are used, where the house edge of banker is 1.06%+/-, compared to players 1.24%+/-. In the long run, it is always better to bet on banker.

4. Avoid side bets

Although stake.coms blackjack game does not have side bets, people often play on Evolution Gaming's Live Blackjack, where many side bet options are offered, most commonly 21+3 and perfect pair side bets. Evolution gaming uses 8 decks in their blackjack, and according to the math, 21+3 has a house edge of 6%, whilst Perfect pairs holds a house edge of 4%. Insurance is also counted as a side bet, of which has a 7.4% house edge in an 8 deck shoe. In the long run, detrimental to your bankroll.

5. Always use basic strategy for blackjack

Lastly, when playing blackjack, ALWAYS play with basic strategy. Remember to always check how many decks are being used and use basic strategy accordingly. This reduces your house edge to as low as 0.5%!.

Thank you for reading my guide. Please leave feedback below!

 

 

On 9/8/2020 at 3:26 PM, Chagidudey said:

Everybody knows that casinos have a house edge, however, this is often overlooked by many players and they often unknowingly decrease their own odds by making certain mistakes while trying to profit or wagering. Thus, in this guide, i will be listing out tips to help cut your losses and increase your profitability in the long run. All tips applies to all casino games in Stake.com.

1. Organising your bankroll / bets

More often than not, when people are trying to make a quick buck or tilt betting, they often bet a quarter, half or even the whole of their bankroll at once ( any odds ), in the long run, you are likely to lose the whole of your bankroll very quickly. Instead, its better to bet 2% OR LESS of your bankroll at once. 

For example, while playing blackjack, lets say your starting balance is $1000, your bets should be $20 or less, double where you need to, split where you need to etc. but this way, you can't lose it all at once, instead allowing you to build a balance.

2. Martingale? BAD.

Martingale, or more commonly known as the 'double down' method, where when you bet on 50/50 odds and double down every time you lose. Full-proof right? 99% of the time whenever this method is used, it doesn't last more than a couple hundred bets (depending on your bet size compared to bankroll). Because in the long run, it is common to see 10+ bet losing streaks, often wiping people's bankrolls. This applies to all game modes, Roulette, Blackjack, Crash, Limbo, Mines, Dice, Baccarat Etc.

It does not function as a wagering strategy neither a profitable one (in the long run). Avoid this strategy.

3. Always bet on banker 

In Baccarat, people tend to bet on player just because of the 'equal' return of 2X, compared to the banker's 5% commission, 'theoretically' people should bet on player all the time right? Well actually, after taking into consideration the rules of baccarat and the advantage banker has compared to player when it comes to dealing, betting on banker actually has a lower house edge compared to player. In stake.com's baccarat, infinite decks are used, where the house edge of banker is 1.06%+/-, compared to players 1.24%+/-. In the long run, it is always better to bet on banker.

4. Avoid side bets

Although stake.coms blackjack game does not have side bets, people often play on Evolution Gaming's Live Blackjack, where many side bet options are offered, most commonly 21+3 and perfect pair side bets. Evolution gaming uses 8 decks in their blackjack, and according to the math, 21+3 has a house edge of 6%, whilst Perfect pairs holds a house edge of 4%. Insurance is also counted as a side bet, of which has a 7.4% house edge in an 8 deck shoe. In the long run, detrimental to your bankroll.

5. Always use basic strategy for blackjack

Lastly, when playing blackjack, ALWAYS play with basic strategy. Remember to always check how many decks are being used and use basic strategy accordingly. This reduces your house edge to as low as 0.5%!.

Thank you for reading my guide. Please leave feedback below!

 

Nice. Thank you for these Tips, I think I will try to play the Bacarrat now and I will follow your advice regarding om betting.. I thank you sir.. I goodluck too.. 

  • Moderator
RMK1 Mentor

RMK1

Posted
  • Moderator
Posted

Thanx alot with such a brief n very useful info about the basic gambling which is very useful for newbies like us... 

  • 2 weeks later...
henrycw Apprentice

henrycw

Posted
Posted

Thanks!

I use a Fibonacci number system for Blackjack, works quite well at normal win rates (~44% on Stake original BJ), but still cannot get over the long 10+ losing streaks or swaths of hands where I only win at ~25%.

  • 5 weeks later...
BoluGod Apprentice

BoluGod

Posted
Posted

I will take these tips, although I already know it many thanks to several losses But that of not betting on the side bets I would like a professional Blackjack player to confirm it to me 😅 Although if this is the case it is good for me because they usually bet 10% of the main bet and the minimum of each side bet is $ 1, therefore I should bet $ 12 in total and that is not convenient for my balance 😄

  • 1 month later...
  • 2 weeks later...
TravisSTT Newbie

TravisSTT

Posted
Posted
On 12/5/2020 at 5:18 PM, Loveme2020 said:

Best advice I can have for any new gamblers is Don’t bet what you can’t afford to lose 

This is the idea of betting, you have to risk a little, feel adrenaline in your body because there are chances to win, you just need a lit of bit of luck and to know what you bet. I do not deny that I lost a lot of money and after I lived on the minimum budget and was regreting the bet I made, but I found a very good betting site that now it allows me to live like a king, you can try it yourself to understand what I'm talking about:  https://goo.bet/sites/qq288/ Don't forget, without risking you can not win anything

  • 2 months later...

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