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Useful Blackjack Tips that Will Help You Make a Profit (Page 1 of 2)
Gambling nowadays is extremely convenient. There are numerous land based casinos and countless online casinos to choose from and a wide variety of games as well. What you must understand about casino games is that they are all entertaining and exciting, but not all of them are lucrative. You must choose your casino game carefully. Slots, roulette, lottery games and craps are all games of luck, but unless you are a very lucky gambler you should stay away from them. Poker, baccarat and blackjack are all games of skill. Baccarat requires a rather large bankroll and poker is extremely competitive. So what you are left with is blackjack.
Blackjack is an extremely popular game and for good reasons. First of all it is extremely easy to play. Then, since it is based on skill, you are the one that influences the outcome of the game. With the aid of basic blackjack strategy you can lower the house edge to about 1%. No other casino game offers such a low house edge. Take the roulette wheel for example. It offers a house advantage of 5%.
I have taken the time to put together a few blackjack tips that you should keep in mind whenever you play blackjack online or in a land based casino. The order in which these blackjack tips are presented is of no importance. What is important is for you to read and understand them and improve your gambling skills.
Learn the rules of the game.
There are countless online gambling sites that present all the blackjack rules in a comprehensive and detailed manner. You cannot possibly expect to be a good blackjack player if you do not know the rules. At least learn the basic rules that apply to all blackjack variations. In case you were wondering, there are several types of blackjack games: blackjack switch, multi-hand blackjack, Atlantic City blackjack, double exposure blackjack, European blackjack, high limit blackjack, Spanish blackjack, and so on. If you know the basic blackjack rules you should pick up on the rule variations easily.
The true goal of playing online blackjack or casino blackjack is to beat the dealer.
Forget that nonsense about getting a 21. You do not have to keep hitting until you get a 21. Just hit until you have a card total that is good enough to beat the dealer. If you get a natural blackjack, congratulations. But not even that will guarantee that you will win. If the dealer also has a natural blackjack the game will be pushed. But you could very well win with a card total of 14 if the dealer busts.
Do not play with your gut – use a basic strategy card instead.
The best way to increase your chances of winning is to use basic strategy. Sometimes you will get a gut feeling that you should hit even if the basic strategy card advises you to stand. What you probably do not know is that playing by gut feeling alone gives the house an edge of 6%. But when you use basic strategy the house edge is reduced to 1%. So keep one on you at all times and consult it if necessary.
The Profits of Online Casino
In online casinos, so much money is constantly changing hands. Thus, maybe you are wondering where does all the money go. Looking at the players perspective, you can clearly see that the money simply “comes” to you when you are lucky, and “goes” to house when it is not your lucky day. You can simply earn some money from your work just to get back and play at the casinos.
Lets take a look at the perspective of the online casino. Do you know that they spend a lot for the maintenance fees, salaries of the employees, advertising, etc. Wondering where does the money come from? Does the money just circulate in the players themselves, where the winners just take them from the losers? How does the casino make a profit? Well, lets find out.
House Edge
At the first look, online casino games appear free of influence from the house, but if you would inspect the odds carefully, these casino games contains one of the most powerful source of income for the casino website, that is, the house edge. While most players will just bet amongst themselves at the casino games, the online casino is constantly collecting the house edge from every hand, either a win or a loss. But what is the house edge exactly?
The house edge is simply the difference between the true winning odds of any casino games, and the actual odds used by the online casino in determining the payouts. Instead of breaking even, the players are only paid out a slightly lower amount by the casino. If you see a 5% house edge in any casino game, this means that in the long run, the players will lose 5% of their bankroll and the house will only pay out 95% among the winners.
For example, a certain bet have a 10% or 1:10 chance of winning. The casino applies a 5% on this bet, and will only pay the player 1:9.5 (such as $9.50 for a $1 bet, instead of $10) if ever the bet is won. Thus, the casino will collect $0.50 for each bet.
Because of this house edge, online casinos gain significant profits, regardless of the numbers of the players that win or lose in a period of time.
Rake
In some games like online poker, there is a commission that is collected for each round. This can either be a fixed flat fee or a percentage of the total bets made for each round. This commission in online casinos is commonly called the RAKE. This rake is important for the online casino when the house only acts as the dealer and is not capable of winning unlike other table games like blackjack, craps, and roulette.
Game Structure
Games like online blackjack allow the online casino to become players and is capable of winning. Aside from this, the way the games and rules are set up give the dealer some significant advantages. In the blackjack game, the advantage of the dealer over the players is that the players have to play their cards first before the dealer. Thus, if the players bust, the dealer wins and there is no need for the dealers card to be played.
Now, I guess that you have the insight on how the online casinos make their profit. But dont just assume that they are just designed to take your money away. Consider these factors the fee for the fun and entertainment that you can obtain when you play online casino games, and never forget the chance of you winning large prizes.