The Gambler’s Ruin Theory is one of the most common gambling theories. Therefore, many real money online casino players are advised to make sure that they use this theory to their advantage. Even though we know that we talk of online casino games, we are clouded by the money, allow us to tell you a bit about the gamblers ruin theory. As well as how you as a real money gambler can use this theory to your advantage.

What is the Gambler’s Ruin Theory?

The Gambler’s Ruin theory basically deals with the importance of a gamblers bankroll when they play real money games. It focuses on how much players needs as well as what the size of their bet should be.

How the Theory Works

All who embark in real-money online casino games know that the bankroll is important. Furthermore, they also know that one has to be able to manage their bankroll as they play.  Therefore the theory focuses on how a player can enjoy the games without putting their bankroll at a risk.

The Science Behind the Gambler’s Ruin Theory

The main aim of the theory is to educate players on smart betting moves. This is because as we play real money games, we have to use real money. Therefore, we need to be able to make sure that we place bets that will allow us to play for longer.
Players, when gambling, tend to have a random walk. This means that when we are winning, we tend to make uncalculated bets. This will, in turn, lead to our ruin.
However, as long as we know the gamblers ruin theory, we are safe from that ruin. Meaning to say that we can make safer bets.

How can I use to my advantage?

The best way that you can use the theory to your advantage is to know the game that you playing. The aspect of time management is also very important. This is because the time you spend at the casino is directly proportional to the money that one will spend ta the casino.
 

In the world of real money online casino games, players are always looking for ways that they can win big. That is why today we decided to put that search to an end. You might be asking how we will do that. Well, that is simple, we will just give a few gambling strategies to help you win big.

How to Win Big at Online Casinos

Betting 2% or Less of your Bankroll

One of the ways that you can win big at an online casino is by saving your bankroll. The best way that you can do this is by playing with the money that you have won at the casino. Meaning to say that you will be playing 2% or less of your bankroll. In addition to that, as you save your bankroll, you open up your chances for winning big.

Value Betting

Another thing that you can do is value betting. This means that that you wait until the best time to bet. Players who practice value betting will only bet when the game is in their favor. Card counters use this method.

Using Positive Progression Strategies

Using positive progression strategies is another way that players can win big at casino games. Positive progression strategies are strategies that help the player get the best of their money. Furthermore, these strategies do not involve chasing your losses like the negative progression strategies. Such positive progression strategies include the Paroli betting system.

Play for Free

One of the simplest ways that players can use to win big is by playing for free before playing for real money. You see by playing for free you get to know how the game works. Furthermore, as you play for free you can easily practice various online casino strategies. Hence when you play for real money, you know how the game works and you also know how to apply the basic strategies.
 
 

Going broke at an online casino is a scary thing. This is because of two main reasons. The first being that you are can no longer enjoy the games and second being that you are broke. That is why today we are looking at a few ways to avoid going broke at an online casino.

Ways to Avoid Going Broke At An Online Casino

1. Create a Gambling Fund: By so doing you know where to get the money to sponsor your gambling pursuits. Furthermore, this avoids gambling funds mixing with other funds. Make sure that you finance gambling fund
   

   

   
   every month. This does not have to be with a lot of money. Just a couple of Rands every month will do the trick.
2. Gamble on a budget:  As you gamble on a budget, you know how much money you use as you play. Once reaching this amount, you need to stop gambling. Use any means possible to stop yourself from exceeding the gambling budget.
3. Use the free stuff: The reason why we said free stuff is because there are a lot of freebies in online casinos. Always make sure that you use them. Be it the free spins, the free games, make sure to use them to the fullest as this will save your gambling fund.
4. Know the games: Another way to avoid going broke at an online casino is by knowing the game. By knowing the game, you know the risks to take and by so doing you know what to do and what not to do as you play.
5. Do not show off: Playing online casino games with a group of friends is fun and exciting. However, most of us tend to show off. Therefore, to avoid going broke make sure that you do not show off. By this, we mean that you shouldn’t make any ridiculous bets trying to prove that you are the best.