Truths Every Punter Should Know

There are some general truths that every punter should know concerning gambling before attempting playing online or land-based casinos. The reason is to make sure you are aware of the gambling reality.

1-     Slots are not The Best Way to Spend Money

In the gambling industry it is well known that tables pay for extras but what keeps the lights on are slots. They are set to guarantee a low rate of return and they make huge earnings for casinos. Even with a strategy, it’s highly unlikely to win in the near future because slots are not really a skill-based game.

Australian Punter

2-     Hot and Cold Streaks do not Exist

A lot of punters believe in these but are entirely wrong. Even statistics have proven that hot and cold streaks are simply a random series of occurrence that the human mind has given meaning to. All games are entirely random. Every slot machine has a chip inserted inside and cannot be manipulated by a punter in any way.

3-     House Edge Goes from Bad to Worse

This is simply the advantage that the house has over the punter though this varies from game to game. For instance, if you play the Blackjack the dealer always shows their hand after the player does. Moreover, this matters because the dealer wins even with a bad hand since you lose first.

4-     Lottery Winning Chances are Very Slim

Assuming you are a punter who rarely goes to casinos but you play online and you also like playing the lottery. It’s wise to know that the chances of winning the lottery are extremely slim than those of casino games. The lottery is termed “tax on the poor” for one sole reason, tax is something you pay for and never see.

5-     You Benefit from Playing Casino Games Slowly

It makes more sense taking it slowly just like when drinking. Overdoing in short space of time will surely ruin your bank account in the long run. Instead of playing $5 hands every minute, you could split it into an hour.

6-     Join the Players Club

If you are a punter who frequents casinos you should join players club to get some freebies out of it. These are reward programs usually available at large casinos. Another good thing about it is when you join you get casino comps hence it’s wise to join.