Winning in Online Skilled Gaming… Err… Gambling! [Part 02]

 

Advise for Intermediate+ (Mid-Level Players)

Start with More Money

It is better to start with more money. This is something that you would have already realized if you have played the game for some time. This is also because of your confidence of having won or equalled your beginner or basic level of bets/amounts. It is better to start off with deposits of mid-level money. I will define mid-level as INR 20,000 to INR 40,000. As described earlier, as a player and also based on your financial status, you have to decide what amount corresponds to your absolute beginner, beginner, intermediate and intermediate+ levels. 

Illusion of a Perfect Technique

By now, you may have understood and won with a few techniques that helped you win at the beginner level. It may also because of your Beginner’s Luck. But as you proceed, you might grow overconfident that you have mastered a technique or a set of techniques. This illusion is harmful, as you may get stuck with this thought and end up continuously bet without limits and finally exhaust all the cash that you bought to the table. Remember, as in every thing that we do in the world, we keep on mastering/polishing/improvising on technique. Also, we try to adapt to the current dynamics of the game, host or simply the game day.

Limitations of Money in Pocket

Unless your great distant relative left you an unlimited wealth in inheritance - Remember, you have limitations on the money that you have or that you can budget for your gaming. This reality should be a driving force in all that you do. It does not mean that you should constantly have this thought in your mind – Only that you should plan your finances correctly and work within the realms of that reality. Like, you plan a percentage of your salary or pay or savings for playing this game and then plan how much you plan to or can spend per day – Try to stick to the limits and then you will see that you will be able to achieve overall

Set your Safe Money Boundaries

Remember that when we discuss later about a single game, game set, series of game sets, game day – you need to very rigidly and maybe display it as a banner where yo u can see it – like an animated marquee on your 2^nd monitor or a poster next to your game workstation or game seat. In any case, it has to be registered that you should not go beyond set safe money boundaries per set. If you can follow this correctly and practice in throughout your game playing, you will definitely succeed. Else, You will end up as a Cat (You, Predator) that chased a Mouse (Game Win, Hunt) long enough, before it was hit hard by a Moving Vehicle (Exhausted Deposit, Injured) or in other words Eaten by a Dog (Totally Run Out of Money, Large Predator).

 

Techniques of Game Playing

Basics of Fibonacci – Explanation of Never Lose

(Applicable to Roulette, Spin The Wheel, Baccarat Class of Games)

This is a known basis to many who have played online casino games. For applications of other techniques, you have to first understand and learn to apply this basic technique. Let us start with Fibonacci Series – 0,1, 1, 2, 3, 5, 8, 13, 21, 34, … This was created by the European Mathematician, Liber Abaci at the beginning of the 13^th Century.

Now, how will this help you in placing your bets?

Let us start with any on the casino games, that typically pay 2 to 1 for a specific bet/field. If we were to bet without fibonacci, you may go on to bet as follows, typically.

 

Bet Amount	Total Bet Amount	Result	Total Win
100	0100	Lost	-0100
150	0250	Lost	-0250
250	0500	Lost	-0500
200	0700	Won 200+400	-0100
400	1100	Lost	-0500
200	1300	Won 200+400	-0100

Arbitrary Bets Placed by a New Player

 

You can very easily find out that the new player has ended up with an overall loss of 100 even after winning 2 times during the course of the above game set. In normal course of things, most player would start betting small and then increase only slightly, if they keep losing. But the joy of victory, will lead to an increase in the betting amount. And this patten follows, as the user wins or loses. Usually, in this pattern, the player will bet arbitrarily and just rely solely on luck (possibly some analysis of the board/last winning numbers) and will eventually lose. Remember, this is not true for people who are really lucky, as most of these are fair game of chance, not just skill. But being in such luck, continuously, is almost like being blessed by an angel.

 

Bet Amount	Total Bet Amount	Result	Total Win
100	100	Lost	-0100
100	200	Lost	-0200
200	400	Lost	-0400
300	700	Lost	-0700
500	1200	Lost	-1200
800	2000	Won 2400	+0400

Fibonacci Bets Placed by Experienced

 

The magic of fibonacci can be seen above that the player has ended with winnings of 400 overall, after winning only the last bet in the game set. Driven by a strong mathematical basis, the user has ‘no fear’ to keep increasing the bet, even though he is losing. You see that every time by following a ‘next fibonacci term increase’ in the bet, for a 2 to 1 payout bet, the player has managed to win 400. So, theoretically, this is like a ‘never lose’ betting style. Once you get used to this, you will enjoy the winnings that you keep getting bet after bet. Slowly, you will start realizing that you are going to ‘never lose’.  Once you have reached a sizeable win, you start off from the basic bet again in the next cycle or next game set.

But it does come with few dangers, including grave ones. If you continue recklessly on this path, without a mechanism to stop sanely, you will lose all your winnings and may even end up being bankrupt, when combined with compulsive gambling. Also, once you are on the losing streak, you may even end up into impulsive moves and totally lose the plot. Hence, I need to emphasize that while IQ is important, but EQ is far more important.

Sumith Kumar Puri is a Software Engineering Leader with 18.5y+ of Experience in Software/IT Product Development. He is an Ex-Yahoo, Symantec, Huawei, Oracle*. He is also a Senior Member, IEEE and Senior Member, ACM. He completed his Xth, XIIth (CS) from NPS, Kochi and B.E. (CSE/ISE) from SRSIT, Bengaluru. He has completed Executive (PG Level) Programs, respectively, from IIT-Roorkee and IIM-Kashipur. He has won multiple recognitions in Programming, IQ, Hackathon, Creativity, Startup & Blogathon contests held by Google, Microsoft, Accenture, Github, Techgig, Societe Generale and Xebia. He is currently the Java Practice Leader at Enterprise Minds, Bengaluru, India.