There’s no denying that betting on games of chance is a fun, exciting activity. That is, after all, why we do it.
There is also no denying that some people end up taking it too seriously, or maybe not seriously enough, and that’s why we have organizations like Gamblers Anonymous.
So, before you dive into the world of brick-and-mortar or online casinos like our own auslots.com, it's important that you understand what the games of chance are, their advantages & disadvantages.
All casino games except maybe Poker and some other card variants are games of chance, meaning you need a certain degree of luck to win. The rules of these games are designed to make sure that, in the long run, the house will always grab a piece of the money pie. In common terms, this is the house edge and we’ll deal with it later but for now..
The dictionary definition is “a game in which the outcome depends on chance rather than on the skill of its players, such as roulette”. In casinos, the element of chance is introduced by the use of RNGs (Random Number Generators).
Land-based casinos use mechanical RNGs, like dice, roulette wheels, etc, and online casinos use computer algorithms. Either way, there is little skill involved on the part of the player. You can (read luck!) influence the outcome of the game in the short run, only, by having a winning session or two, but in the long run, things will balance out and the House will end with some kind of an edge.
Not all games that use RNGs like dice are games of chance. Backgammon is an example of a game whose outcome can be influenced by the player. Moves are determined by the dice, but what the player does with those moves will determine the outcome of the game.
The player with the better understanding of the strategy and odds involved will always win in the long run, even when playing against a computer. So, although there is an element of luck, backgammon is a game of skill, not chance.
A casino will organize such games that are player vs player & not player vs House for a fee commonly called rake.
As we mentioned, card games like Poker and some card variations can also be considered games of skill rather than chance. This is because, although the cards come up in a random order, there is a limited number of them. For every card drawn, you have a better chance of correctly guessing what the next one will be.
If you have the ability to count cards (remember what cards are in the deck to begin with, which ones have been drawn and which ones remain) and figure out odds in the blink of an eye, you can actually make money playing either. In Poker, the ability to read people will also give you an added edge & this isn’t necessarily about ‘physical’ tells. Professional poker players can pick up a variety of tells, even in the online environment, from betting patterns to timing.
Still, while Poker and other card variants can be considered games of skill, luck still plays a role which can be frustrating for most of us. Math alone won’t do the trick; a good mindset that involves controlling your emotions and how to play given imperfect information is essential to succeed, in the long run.
Since few of us are not necessarily gifted with such mindset, it is better to enjoy the game for what it is, accept the Lady Luck’s will, and be prepared to walk away if she isn’t smiling at you.
Some players believe that the longer they play, the more chance they have of beating the house. This is not necessarily true & the price to pay for this mistake can be rather high. The casino, or “house” as it is often referred to, has a built-in advantage over the player in most of the game it offers.
This does not come from using loaded dice or dodgy algorithms; it’s because the rules of most games are designed to give the house the best chance of winning. In effect, this means you may win in the short run, for several sessions, but given a long enough timeline, the house edge will take its toll.
The best way to gamble is to get to know the house edge for all the games you play & pick several that work best for you and your bankroll.
We at auslots.com will always make sure we give you all the information required on all our games – odds, paytables, etc. - so you can make an educated decision and play the best casino games for you.
You might have heard or read about “infallible” systems for beating the house. Somebody might even try to sell you one. Think twice before you spend money on such systems.
Casinos make money because the house has the best chances to win, in the long run. No profitable short runs can dispute this fact. A lot of time, effort and money has gone into designing casino games to ensure that, in the long run, the house has the best chances.
The only system that can work for you is this: always play with a sense of responsibility not just for you, but for your bankroll & your loved ones, as well. Keep your bankroll separate from the daily expenses & do NOT gamble more than you can afford to lose.
Leaving money aside, you still can have hours of fun and excitement on the games of your choice. Set yourself a limit for how much you are prepared to lose in a session if needed and quit when that limit is reached. If you feel like it’s necessary, contact us ASAP & we will help you enforce the limits you wish so you can have a healthy life & a fun hobby.
If you gamble responsibly, establishing and sticking to a cut-off limit, it can be a cheaper hobby than some extreme sports requiring specialized equipment, or even going to the pub every night.
Cheaper still if you take advantage of the incredible bonuses we offer you here at auslots.com. And there is always a chance, that you will win BIG. That is, after all, why we do it.