If you enjoy gambling online you will undoubtedly have dreamed of trying to land the bumper win that could change the way you live your life forever.
Realistically speaking, the odds on achieving the feat are fairly small, but making a consistent profit from gambling to keep your bank balance ticking over is entirely possible.
Many people lack the discipline they need to accomplish that goal and end up merely treating their gambling a social activity or form of entertainment.
However, if you are fully prepared to go the extra mile and work hard at your craft, bagging a steady stream of additional income is certainly attainable.
The internet is packed with information about different gambling strategies, many of which are not worth wasting your time on.
That said, there are also some tactics you can leverage to your advantage in order to ensure that you secure a profit from your gambling activities.
We’ve taken the hard work out of the process by compiling this essential guide to being a successful gambler, so read on for the best tips to follow in the future.
1. Use Bonuses & Promotions
The online gambling industry is a hugely competitive sector, with companies battling on a daily basis to attract new customers and retain existing ones.
Respected firms such as Wink Slots strive to set themselves apart from their rivals by offering generous sign-up bonuses and ongoing promotions to their customers.
Welcome offers are well worth utilising, as these can significantly boost your bankroll when you first open an account on a gambling site.
These often take the form of matching your initial deposit or giving you hundreds of free spins to play on selected slot games.
It is a similar story with ongoing promotions, bonus money, free spins and reload bonuses amongst a wide range offers you can take advantage of.
Always check that any promotions you use have fair wagering conditions attached to them, in order to ensure that you can unlock any winnings in a timely manner.
2. Play Like a Professional
If you are planning to play games online, it is imperative to get into the same mindset as a professional player if you want to make a consistent profit.
Whether you are playing slots, poker, blackjack, bingo, roulette or something else, spend time in free play mode so you can fully familiarise yourself with your chosen game.
While many games require an element of luck if you are to win, there are strategies you can employ that will sway the odds in your favour.
For instance, pro slot players implement a strategy that will cover at least 250 spins in a single session, thus increasing their chances of hitting a jackpot.
Many people make the mistake of blowing their entire bankroll in a handful of spins, and using this tactic rarely pays dividends.
Pros also choose games that offer a Return to Player (RTP) percentage of 96 percent or above, as this increases their chances of making a profit.
3. Manage Your Bankroll
Successful bankroll management extends beyond knowing how many spins you need to be able to cover in a single playing session.
Pro players start by calculating how much money they require to cover their monthly household outgoings, before setting the rest into a separate account for their gambling activities.
They will then implement a betting plan that never forces them to risk more than two percent of their bankroll on any single wager.
This theory can be applied to all forms of gambling activity and helps to ensure that players can ride out any elongated losing periods.
For example, if you are inclined towards sports betting and have a £1,000 bankroll, your maximum single wager on any event would be £20.
This type of staking plan gives you the best chance of taking advantage of your gambling knowledge and securing a regular profit from any bets you make.
4. Stick to a System
There are numerous strategies that you can use to increase your chances of grabbing regular winnings from your gambling activities.
A great example of this is the Martingale System, which can be applied in numerous areas and is mathematically proven to guarantee a profit if you stick rigidly to it.
In order for the strategy to work, each wager you place must be a single bet at odds of Evens or greater to ensure that you eventually win.
It is often used to bet on red or black in roulette and requires players to double your stake after each losing bet until you hit your chosen colour.
For example, you place a $10 bet at Evens on the ball landing on black. If it lands on red, you wager $20 on the next spin and so on until black comes up.
If it lands in black on the second spin your return is $40 – giving you a profit of $10 on your total outlay at that point. The system then goes back to the start point and can be implemented again.
5. Keep Betting Records
If you ran a business you would be required to keep comprehensive financial records and the same ethos should be applied to your gambling activities.
Many gamblers often overlook this aspect, but it is an element that is crucial for anyone who wants to maximise their chances of making a profit.
The best online casino, bingo and sports betting sites allow you to download your betting activity, thus giving you the opportunity to keep track of your progress.
The information will highlight the areas where you are successful and, more importantly, identify any weak spots that are eating into your bankroll.
For instance, if you are making a profit playing blackjack but losing at roulette, it makes sense to fully focus on sticking to the card game.
Avoiding betting on games or sports that generate consistent losses is a strategy that will undoubtedly help to take your gambling activities into another stratosphere.
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