Do Online Gambling Strategies Work?

Featured

All casinos have a mathematical advantage and should always win over time. Individual players may win but the greater the overall volume of betting the better the chances for the online casino. People are always coming up with systems and strategies that they believe will give the edge that they are looking for. Over the long run no betting system will allow you to beat the casino. The house has too great an edge and compensates for weaknesses. If someone did come up with a true working system no one else would find out about it. There are some online gambling systems that are widely used and they do have some validity as far as extending your bankroll. This is true for both land based and online casinos. The most widely recognized of these strategies is the Martingale betting system.The doubling strategy or Martingale system is a popular system. It is sometimes known as a reverse regression or loser’s strategy. This system is played in even money games such as roulette or blackjack where the player doubles his money when he wins. In these systems a gambler doubles his bet after each loss. With this strategy a win would erase the losses of all previous games plus win the gambler back his original stake. Since a gambler with infinite money would eventually win this system is sometimes thought of as a sure thing. Over time this system will in fact bankrupt the gambler because no gambler possesses infinite wealth and the bets grow exponentially. Extended losing streaks will quickly wipe away all profits. After the sixth consecutive loss the gambler would need to bet 128 times his original stake or $640 in order to win back his previous bets on a five dollar original bet. It is thought that betting limits at tables are used to control this system. These limits are actually in place to protect the casino from large losses on a hot run.Use roulette as an even money game. In roulette if you are betting only red or black, you will win 46% of the time. You will lose 54% of the time. The idea of the Martingale system is to overcome these odds. If you were betting just black or red you would eventually lose all of your money. Consistently doubling your bets will effectively wipe out several of these losses and move the odds into your favor. There is just a 10% chance of losing 3 rolls out of three. This would translate into losing three in a row. There is only a 1% chance of losing six out of six. This all makes sense as long as you don’t hit that long run of losses.No system will work over a long period of time. The cancellation betting system is also known as the Alembert system. It is a more complicated betting system that works as long as you win and lose the same amount of times in even money game. You will not win a lot using this system but you will play for a long time.

Online Games – Can We Make Money Playing Them?

When we refer to online games we are normally referring to video type games that we play on a computer via the internet. Some video games are played over the internet using mobile phones and video consoles, but generally speaking online games means computer games that need an internet connection to be played. Simple text-based multiplayer games were the first of these types of games as internet connections were slow and expensive when these games were first introduced in the 1980s. Gradually these games became popular in the 1990s, with today’s online games featuring virtual communities, realistic graphics and multiplayer games where people can even play one to one or in knock out tournaments for cash prizes. We all know that the internet is the fastest growing market place in the history of the world but did you know that there is an online games sector that is growing 4 times faster than the internet overall! Yes! and it’s the “Online Skill Games” market.There are many styles of Online GamesSome of the different types of online games that exist:1. Real time strategy games: This type of game is all about strategy where, for your army to fight successfully against the other internet players you need to develop a game plan by building lots of resources2. First person shooter: Here the players compete with each other one to one. In most first-person type games, the online game allows the death match or arena style of play. In this style of game play the view you see is the one seen from your character’s eyes.3. Massively Multiplayer Online Role Playing Games (MMORPG): In this type of game each person has to keep trying to reach the next highest level until he has reached the top one written for that game and these online games can have, simultaneously, thousands of players from every part of the globe, playing in a giant virtual world interacting against or with each other. Gamers can keep playing these types of games for months or even years!4. Browser type games: These are pastime games that are quick, simple and small that are played in your browser. The popular Java and Shockwave technologies are used to develop these games.5. Online skill games: An online skill based game is a web game played in tournament format or one to one. Each player pays a cash entry fee to play with a cash or merchandise prize going to the winner or winners. The outcome of each competition is based on the player’s ability and performance not luck.How Do Online Game Companies Make MoneyAll games today, are playable online. How do we make money? This is the question that companies making the online games have to ask themselves. The majority of companies make single-player games that are played at home and in this the player has to beat the artificial intelligence of the enemy. Today these games normally include an online multiplayer version which can be played against or with other Internet players. By selling their game DVD/CDs is how these companies earn their profit e.g. Warcraft 3 and Counter Strike. Advertising and promotions is how browser game companies make their money. MMORPG companies generally charge their players a monthly fee and continue to add content by programming new scenarios etc in their games e.g. Everquest 2 and World of Warcraft. Some don’t, but survive because their DVD/CD sales are high e.g. Guild Wars.What is the future of online games?Soon there will be a new entry into the online skill games market. According to their Free Online Games Market Report they will be the first company with their new online skill games platform, to launch a business that encapsulates three of the newest phenomena on the internet today. Online Games Entertainment, Social Networking using web 2.0 and a new way of marketing which has been described as Social Marketing 2.0. One of the core differences with this new platform over the conventional models is that we the players can if we want share in the profits while we play our games. With the market today (2007) worth approximately $5.2 billion USD and predicted to rise in the next 3 years to over $13 billion USD that’s $412 per second and with social networking sites already reaching 45% of web users and the 4 major Instant Messengers having more than 400 million users between them this potentially could be a whole lot of money.