When done right, winning can be achievable with bitcoin gambling. With the right strategies, the risk is absolutely worth it. This isn’t as straightforward as traditional online casinos, purely because crypto gambling has completely different guidelines. But practice makes perfect and learning the right habits off the bat is key to winning big.
The Best Strategies to use
The best thing to do is look at all factors before placing any bets, it is incredibly important to consider and manage risk and reward. Gambling is mostly luck but definitely some skill. And it’s the skills you need to maximize your profits. The great thing about crypto casinos is it does increase a players’ odds for smaller wins with dices and craps, so they give greater odds.
The D’Alembert Strategy
Let’s start with the most complicated of strategies, this was actually developed by a mathematician. It is best to use this with games that have a 50/50 chance. This works by gradually increasing bets when you are losing and then decreasing when you are winning. This should only be done after selecting your bet amount as a base.
The Paroli Strategy
This strategy goes all the way back to the 16th century, so it’s safe to say it is 100% tried and true. Paroli wants to take advantage of successful streaks, by doing this it allows players to gain large sums without actually placing large wagers. It basically doubles your stake three times in a row on a bet with a 50% chance of winning.
The Martingale System
The most popular strategy out there, like the Paroli strategy, can be applied to games that have a 50% chance of winning, like Roulette or Dice. Players can then double their bets when they have made a loss, this helps recuperate the previously lost amounts and recover them.
Worth the Risk
Something else to understand is the buy-in values of your chosen cryptocurrency, each casino will indicate which cryptos they accept, once you understand the risks and basic strategies, it shouldn’t matter what currency you choose to use. Each crypto will have different buy-in values and different conversion rates, so always keep on top of them. The Cash out differences are there for players and will help manipulate waging strategies so players can benefit from maximum profits.
When you actively place a bet you are taking a risk of losing, you have to decide if you like the odds enough to wager. So, check the Return to Player percentage or RTP. The great thing about best bitcoin casinos is you will be able to find this on the games you are interested to play, this just helps with looking at the risks of the bet you are wanting to place.
The final bit of advice is to choose your casino wisely, make sure it ticks every box, and includes the factors you find important when gambling.