Low-Risk High Reward Betting Strategies
When it comes to making a profit from betting, the smart money is always on placing low-risk bets that will yield the highest possible return. But, of course, that’s easier said than done—if we all successfully used this strategy, then all the online casinos and bookies would have to shut up shop rather sharply.
Rewards from betting aren’t necessarily always monetary. Gambling is also a wonderfully exciting form of entertainment. The first rule is never to bet more than you can afford, and your gaming funds should always be listed under “entertainment” in your monthly budget. That way you can maximize your fun by still having the chance of making a profit. Check out the following top tips to learn how.
Visit Top First Deposit Bonus Casinos
To begin your low-risk/high-yield adventure, make sure to check out the top first deposit bonuses available online. For first-time deposits, many online casinos welcome their new players with handsome bonuses. These bonuses can be in the form of free chips, free spins, or match bonuses that match your initial bonus dollar for dollar meaning your initial investment could be doubled in minutes. Of course, there are wagering requirements and you’re expected to play your first deposit bonus through several times before cashing out – but it’s still possible to win real cash. In addition, many casino operators offer second and third welcome match bonuses on your next 2 deposits, so all in all there are plenty of opportunities for you to get a bang for your buck.
Low-Risk High Reward Strategies Playing Slots
Managing your bankroll is one of the best strategies you can utilize when playing any casino games including slots. If you only have a limited amount of funds then bet appropriately. A $50 bankroll will vanish pretty quickly if you make 5 x$10 – unless you get very lucky and where this is not altogether impossible, it’s certainly improbable.
Smaller and more frequent bets not only optimize your chances of hitting a decent winning combination playing slots, but this strategy also maximizes your time playing. Large jackpots are a huge draw for slot players and though the rewards are very lucrative, it’s important to avoid the hit-and-hope strategy, losing cash spin after spin in the belief your luck will soon change. Low-Risk High Reward Betting Strategies
Games Involving Skill
The outcome of a slot spin is random and really based on luck but there are some skill games where you may have some (but certainly not all) control over the outcome.
Roulette – always opt for the European version as there is only one 0 pocket. Due to the house edge, your chances of doubling your money by placing a bet on red or black, or on an odd or even number is 48.6%. To maximize your winnings you could always study systems such as the Martingale, Labouchere, or the more complicated Oscar’s Grind. Yes, good winning strategies often mean having to do some homework!
Blackjack is a game that’s easy to learn to play, but not so easy to become super skilled at. You need to know when exactly to hit, double, split or surrender. Learning how to count the cards is a good strategy as then you’ll know when to increase your bet when the high cards come around. Of course, this takes an aptitude for maths (more homework) and should not be overdone as casinos don’t like it.
Poker is another game that is easy to learn but hard to master. Whether you play online or at a live table it’s one of the most rewarding games out there as you’re pitting your skills against real people as well as the turn of a card. For a low buy-in, if you play well, you are guaranteed an hour or more of exciting entertainment and – if you learn to get to grips with the game – possibly a big profit to boot.
The important thing to remember with sports betting is bookies always set the odds to favor themselves – after all, that’s their job and everyone needs a way to make a living and fund their bank account.
But it’s still possible to turn a profit with these low-risk high reward betting strategies:
- Shop around for free bets given by online sportsbooks either as a welcome bonus or as a loyalty gift.
- Find the best odds different bookies are offering. Savvy bettors often use this technique – and though rewarding it can be time-consuming.
- Never bet emotionally, meaning don’t blindly bet on your favorite team if it has performed badly in the last few games.
- A top team playing away or missing a few key players may reduce its chance of winning.
- When it comes to horse racing, study the past performances of the horses, know their temperament, and what kind of ground suits them.
Finally, doing the lottery, which just costs a few bucks a week, is the ultimate low-risk high-reward bet as you could win millions of dollars in one swoop. Unfortunately, the odds are stacked against you. To increase your chances of winning you could set up a lottery syndicate involving family, friends, or co-workers and buy multiple tickets for each draw. If your numbers come up, the winnings will have to be shared amongst all the members, but we’re talking millions here, so there should be enough to go around.
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Low-Risk High-Reward Betting Strategies