Part of being a successful
gambler, no matter what the venue, is recognizing
that with very few exceptions casinos have an advantage
over you. For the rest of the time, in order to take
home a profit in the long run, you have to restrict
the amount of money they can take away during any
single excursion. Simply put, you have to set loss
limits.
With online casinos,
the danger is even more prevalent. For example,
while an experience card-counter can turn the edge
against the house in a traditional casino, that ability
goes right out the window online. The reason? Random
number generators.
In case you're unfamiliar
with the term, Random Number Generators (RNG)
is simply the method online casinos use to make sure
that every bit of action, from the turn of the card
to the roll of the dice, is 100% random.
While this does ensure
fair play it also makes it impossible for even the
best players to ever get an advantage - you're simply
always at the mercy of the mathematical edge built
into every game.
To help defend themselves
(or more accurately their bankroll) against this constantly
gnawing monster, online players have to adhere to
strict money management methods. No, this will not
give you an advantage or change the vig in any way,
but it will help you to restrict you losses when they
come and allow you to take back more of a profit during
those "hot streaks." Now
Lets go to step one
