Tag: bingo

Understanding Online Betting


“Can you win?” This can sometimes be an awkward question for a regular online bettor. According to¬†Bingofly, it could be compared to asking “How long is a piece of string?”. Hopefully, the advice I provide will offer some answers to those new to the game, even if it doesn’t lead to happiness. It comes down to the details of selecting the piece you are betting on. The first rule in selecting your piece is to follow the outline. In short, you need to bet correctly when using a piece bet to reduce the chance of losing; breaking your money on ten pieces is much safer than betting it all on one

Excessive Online Betting

A common mistake is the incorrect placement of stakes. If you used a betting system of some sort, whether it is to get your horses, greyhounds, or a game, it is vital to use it correctly and have the right mindset. If you are very likely to move after horses that pay 10/1, then you must realize that you have to win at 11 to break even. If you can conquer that win ratio, then you are in the black. However, a large number of gamblers will use a technique, then after only one down, proclaim, “The device doesn’t do the job.”


Incorrect Calculation of Online Stakes

Another reason for gambling system failure is incorrect stakes. Do the math: if you choose to bet on wagers that spend at least 1.50 (1/2), you will need to achieve a 66% win percentage to break even. If you choose to play riskier types of games, you’ll want a larger betting bankroll to survive the more losing streaks that occur when you bet on groups of three, jackpots, etc. There are many approaches to betting; the most damaging is to increase your bets with each drawdown. It is all too easy to run away from your depth with this type of stay and lose more than you are capable of.

Additional Info

Some gamblers will cling to a technique to find some time and then continue after a losing streak. To escape the winners who may have recovered their wounds; you need to have a bank big enough to sustain you through a bad streak. The winners won’t come systematically; they’ll appear in pieces, and that’s how the winners proceed. For most players, the problem is not a lack of money. It’s their lack of confidence in the system through a terrible time.