As we turn the page on the past year, now is the perfect time to better yourself by trying something new. Instead of going through another terrible diet or impossible workout regimen as your New Year’s resolution, why not take a look at improving your online casino strategies instead?
Whether you enjoy playing online slots or prefer betting on table games like online Blackjack and online Roulette, having a solid strategy in place is the first step towards winning some real-money payouts at Bovada Casino. This article will walk you through some online casino strategies to focus on in the year to come and will help guide you towards a fun and profitable 2023!
Progressive Betting
A strategy implemented by most high-stakes casino players, Progressive Betting involves increasing your bet size after every win. This strategy can pay off with some massive payouts if you manage to jump on a winning streak at the right time. You may be tempted to maintain your betting amount and pocket some of your winnings, but with Progressive Betting you’ll keep raising the stakes until your streak eventually comes to an end. You’ll often see this strategy implemented in online table games like Blackjack, as it’s the best way to boost your winnings in a hurry. Having said that, it’s always important to have a clear plan in place for when to increase your bets, and to be prepared to cut your losses if things start to go against you.
The Martingale Strategy
As one of the more widely implemented strategies at most online casinos, the Martingale Strategy dictates that you double your bet amount after every loss. This strategy can be used in a variety of online casino games, including blackjack, roulette, baccarat and others. The Martingale Strategy functions as a negative progression and, although it’s the complete opposite of the Progressive Betting strategy mentioned above, it can actually be quite effective. Imagine you take a seat at a blackjack table with a $500 bankroll and start things off with a $10 bet. The example below will show you how the Martingale Strategy can help you to overcome several losing hands in a row:
Example of Martingale Betting
- Bet $10 and lose = – $10
- Bet $20 and lose = – $30
- Bet $40 and lose = – $70
- Bet $80 and lose = – $150
- Bet $160 and win = + $10
As you can see from this example, the Martingale Strategy enabled this bettor to overcome a bad start and still end up with a tidy profit through the first five hands. Just be sure to check the table limits before using this strategy in a real-money casino game, as this could restrict you from doubling your bet following a losing hand.
Money Management
While it may sound painfully obvious, proper Money Management is perhaps the most overlooked strategy at today’s online casinos. The concept of Money Management refers to setting limits on how much you are willing to bet and how much you are willing to lose. This strategy can help you to avoid chasing losses and keep your betting activity under control. It’s important to remember that you should never bet more than you can afford to lose, and you should always have a clear plan in place for managing your bets. For online blackjack players, this Money Management strategy can also help to ensure you’re always prepared for any split or double down opportunities.
Focus On Low House Edges
Every online casino game contains some form of house edge, but that doesn’t mean you shouldn’t stack the odds in your favor whenever possible. Gambling on games with a low house edge means that the casino or game operator has a smaller advantage over the player. This means that you’re more likely to win or at least lose less money in the long run. It also means that you’ll be able to play for longer periods of time because you will be faring better at the tables. Blackjack is a great example of a popular casino game with a low house edge, as the casino’s advantage can be as low as 1% if you follow the correct strategy at all times. Keno, on the other hand, is one of the worst casino games in terms of house edge, as it hovers at around 25%.
Sign up to Bovada today!
With the help of these online casino strategies, you should now be equipped to take on a new year at Bovada Casino. Be sure to keep these gambling tips in mind when you play any of your favorite slots or tables games and make 2023 your best year yet. To put these strategies to good use, make sure that you sign up to Bovada Casino today.
