If you gamble purely for fun, then this article is not for you. But if you want to win then maybe you should gamble like a smart gambler and play online poker.
If you are a gambler, and someone gave you a 50% chance to win 100 INR on a 100 INR bet you would take it. You have an equal chance to win and lose in this scenario, so it is no real harm in taking the bet. Now let’s say that you can take that bet, or 0,9% chance to win 10,000 INR on a 100 INR bet, which would you choose?
Smart gamblers stay away from bad odds
In the scenario above, many gamblers would probably take the 10,000 INR bet because it sounds more fun. But a smart gambler, or an online poker gambler, would take the first bet because there is a higher chance of winning compared to the second option.
This is the reason smart gamblers don’t usually invest heavily in the lottery, because the odds are so bad. You also don’t find many smart gamblers sitting at slot machines for the same reason. Instead, you find smart gamblers at the blackjack tables where they face low odds or at the online poker table where they can use their mind to have a chance to win.
If you want to gamble like a smart gambler, you need to find the wagers with the best odds and avoid making any bet with poor odds. Sometimes betting on a low-odds event will make a profit, but it will significantly reduce your winnings, while increasing the risk of losing.