An advantage gambler is unlike most gamblers. Instead of consistently losing money while gambling, the advantage player uses certain strategies and tactics to make money instead of lose. They lose sometimes, but they win more than enough to make up for these losses and they show a long term profit.
How do a few gamblers make money while most gamblers lose? Is it luck, or something else?
It doesn’t have anything to do with luck. But if you don’t know the facts, you’re not going to win. Here’s a list of nine facts that you need to know if you want to become an advantage gambler.
1 – The Edge Rules Everything
Every gambling activity has an edge. Most of the time, the edge is in favor of the house. The house can be the casino, or the sportsbook, or the race track. Each type of house makes money a different way, but the fact is that every bet they offer is designed to make the house money, and take money from you.
This is why almost every gambler loses in the long run. They willingly make bets that have a built in edge against them.
Advantage gamblers understand the edge, and they know how to find and make bets that give them an edge instead of the house. So all you have to do is learn about the bets that advantage players make, and make the same types of bets.
You first job is to learn about the house edge, and what the house edge is for each type of casino game and bet you can make.
2 – You Can Manipulate the Edge
Once you learn everything about the house edge, including how it works and what it is for each bet, your next step is to learn how you can manipulate the edge.
Some games are designed so you can use strategy to manipulate the edge. Other games are designed in a way that you can’t manipulate the edge. Any game that doesn’t offer a chance to manipulate the edge can be ignored at this time.
These games include:
Most table games
The truth is that there are certain bets you can make on some of these games that are better than others, but there’s not really a strategy involved.
Here are some gambling activities that let you use strategy to manipulate the house edge:
Betting on sports
Betting on horses
When you gamble on these activities, you need to use the best strategy possible. With the correct strategies, you can make money doing these things.
For now, mark video poker off your list. You can find a few opportunities to play video poker with an edge, but these opportunities are quite rare. You’re going to learn more about the other options later on this page.
3 – Finding Advantage Opportunities
In the last section you learned which gambling activities can offer an edge. But not every activity offers an edge every time.
You need to learn how to spot a game or activity that offers an edge, so you can take advantage of it. Sometimes the offered activity has to have a certain set of rules, and sometimes you have to make sure you know the correct strategies to make a profit.
Gambling with an advantage isn’t easy, but you can do it if you learn the right things. The last four sections on this page dive into this more.
4 – No Commitment Means No Success
The simple fact is that you’re never going to learn how to be an advantage gambler if you don’t make a commitment. It’s going to be hard, and most people that think they’re interested in advantage gambling decide that they’re not committed to it.
So, are you interested or committed?
I assure you that you can learn how to play with an edge, but it’s up to you to make a commitment to do whatever it takes to succeed.
5 – You Have to Put in the Work
The bottom line is that you have to work hard at learning how to play with an advantage. You can’t spend 15 minutes learning about something and hope that it’s enough.
Most advantage gamblers spend hundreds of hours working on their knowledge and skills, and continue working on them for as long as they play.
Are you willing to do the hard work? It’s worth it in the long run, because you can gamble as much as you want and make money while you’re doing it. But you have to willing to put in the work.
You have to learn how to find games with the right rules, know basic strategy inside out, and learn how to count cards. And once you have all of these things down so you can do them perfectly, you still have to learn how to do it without being caught.
It’s not against the law to count cards, but if the casinos catch you they will throw you out or change the rules so you can’t make money counting.
7 – Horse Racing Advantage Players
Horse race betting is unique because all of the odds are set based on the amount of money bet on each horse, and the track takes a fee from the total wager pool.
The reason why this is important is because it means you’re not betting directly against the house. Instead, you’re betting against all of the other bettors.
This gives you an opportunity to make money if you learn how to handicap horse races better than most other gamblers. Horse handicapping isn’t easy, but you can learn how to do it. It might take a tear or longer of in depth study to start winning consistently, but it’s worth the effort in the long run.
8 – Sports Betting Advantage Players
When you place a sports bet, you’re not really betting against the house. The house makes money by charging a fee on losing bets called a vig. On a point spread wager, the vig is the difference between what you have to bet and what you can win.
If you pay 105 to win 100, the extra five is the vig. If you win the bet, you get back your bet, including the vig, and the profit. But when you lose, you lose the bet including the vig.
This means that if you improve your skills enough you can win enough to make more than the cost of the big on your losing wagers.
You can also find some ways to make bets without paying vig, which means you don’t have to win as many bets to make money.
You need to learn how to develop your own sports betting system if you want to win in the long run. This takes a lot of time, but you can do it with enough effort. But don’t make the mistake of buying a system. Sports betting systems that you can buy are almost always scams, and even if they aren’t, the systems only work so long.
9 – Poker Advantage Players
Poker is a good game for advantage gamblers, because the poker room doesn’t kick you out for winning. But the strategies you have to use to win in a regular basis are difficult to master, and it can take a long time to learn them all.
The good news is that once you learn most of the strategies, you can find games that can be profitable. You simply have to find games with players who don’t play as well as you.
Now that you know the nine facts about advantage gambling, you can start looking for opportunities immediately. Find out the house edge for each game, and learn how you can manipulate the edge.
Focus on the gambling activities where you can get a real edge, and stop playing anything else. If you’re willing to make the commitment to work at learning what you need to do, there’s nothing stopping you from gambling with an edge.
Poker, horse racing, sports betting, and blackjack all offer ways to play with an advantage. These aren’t the only options, but one of them is the best option for you to get started.
Michael Stevens has been researching and writing topics involving the gambling industry for well over a decade now and is considered an expert on all things casino and sports betting. Michael has been writing for GamblingSites.org since early 2016. ...
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