When you learn how to use a gambling strategy, you hope the strategy can help you win. But, unfortunately, while many gambling strategies can help you win, a few strategies don’t do anything to help you win. And even worse, these strategies actually lock in a guaranteed loss in the long run. I’m going to talk about 4 gambling strategies that guarantee you’re going to lose money.
Most gambling strategies are worth learning, but the four listed in this post are strategies that you shouldn’t waste time on learning. The best strategies are for games like blackjack, video poker, and poker. So stick with the best strategies and skip the ones listed below.
1 – The Martingale Betting Strategy
I’ve used the Martingale betting strategy many times. And the truth is that most of the times I’ve used it, I’ve made a profit. But I also know how statistics and probability work, and I know that the Martingale betting system is a losing system in the long term.
The Martingale betting system is simple to use, and it often works for a short time. You win a little bit of money here and there using this system, but eventually, you lose a large amount of money. The large amount of money you lose ends up being more than all of the small amounts of money you win over time.
Here’s how the Martingale betting system works; you make a small wager on a bet that pays even money. An even-money bet is a bet that pays 1 to 1 when you win.
Every time you win a bet, you make the next bet at the smallest amount possible. But when you lose a bet, you bet twice as much money on the next bet. So by betting twice as much money after each loss, when you win, you cover all of your losses and are left with a win equal to the lowest bet that you started with.
If this sounds like a system that you can’t lose with, you’re in danger of losing all of the money you have. Most of the time, you’re not going to lose more than two or three even-money wagers in a row, but every once in a while, you’re going to lose five or six or seven bets in a row.
If you start out betting $20 per bet, after your first loss, you’re betting $40. After a second loss, you’re betting $80, and after a third loss, you’re betting $160. The next step is $320, followed by $640. You can end up betting $1,280 for the chance to win $10.
The Martingale betting system is fun to use as long as you keep winning. But when you hit a losing streak, you’re going to lose a huge amount of money. So it’s not worth the long-term risk because the Martingale betting system always fails eventually.
2 – Any Slot Machine Strategy
I’ve investigated every slot machine strategy that I could find over the last 25 years. I’m sure there are a few slots strategies that I don’t know about, but one thing that I do know is that there aren’t any slot machine strategies that help you win.
To understand why slot machine strategies don’t work, you need to understand how slot machines work. Completely understanding how slot machines work is a little challenging, but I’m going to explain it to the best of my ability.
Slot machines that are available today are run using computer technology. Of course, slot machines weren’t always run by computer technology, but they all are now.
What you see on the screen when you play slots simply represents what the computer technology is designed to do. The basics of slot machines are that the computer is programmed to give you a portion of the money you bet back and keep the other portion of the money you bet as profit.
Nothing you can do changes how the computer program works. You can use any strategy you want to use, and it’s not going to change the programming of the computer. The machine will keep the same portion as before and give back the same portion as before.
If you want to use a strategy that can actually help you win more in the casino, or at least help you lose less, you need to focus on strategies that don’t have anything to do with slot machines. You can’t beat slot machines.
The truth is that there are a few ways you can beat some slot machines. But none of these ways are legal. I don’t know about you, but I’m not willing to do anything illegal to win when I gamble. So I’m not going to go to jail to try to beat the slot machines, and I don’t recommend anyone else doing anything illegal either.
3 – The All-in Poker Strategy
I play a lot of poker and have played just about every version of poker that exists and have played in cash games, big tournaments, and single table tournaments. I’ve also investigated as many poker strategies as I can find over the years.
Poker is somewhat unique in the gambling world because it’s one of the few games where you can use strategy to win. In fact, if you learn how to use the right strategies the right way, you can make a consistent profit playing poker.
But several poker strategies don’t help you win. In fact, some poker strategies guarantee that you’re going to lose.
I read about a poker strategy one time called the all-in strategy. It was presented as a strategy that gave a poker player without much experience the best chance to win in a tournament. The claim was that the strategy could help an inexperienced player win any type of poker tournament, but a single table tournament was the best place to use the strategy.
The all-in poker strategy is to simply fold every hand until you get a decent starting hand and then move all in. Then, you keep doing this until you either bust out of the tournament or win the tournament.
The claim that it gives an inexperienced poker player the best chance to win a tournament is probably true, but this doesn’t mean it’s a profitable poker strategy.
Smart poker players you’re competing against are going to figure out what you’re doing quickly, and they’re going to take advantage of the strategy. They’re going to raise every time you’re in the blind to take your blinds, and they’re only going to call one of your bets with a superior hand.
If you want to learn how to use strategy to win when you play poker, plenty of good strategies are available. The all-in strategy might work occasionally, but in the long run, it’s a losing strategy.
4 – Any Lottery Strategy
If you read the section in this post about why slot machine strategies don’t work, you’re going to find that most of the things in that section are the same as the things in this section about why lottery strategies don’t work.
Lottery games are run by computer programs, much like slot machines. But more importantly, lottery games are run using odds and probabilities, and every lottery game is designed to guarantee a profit for the business running the lottery game.
Your odds of winning when you play the lottery are poor. You can find plenty of lottery strategies, but none of them change your odds of winning.
It’s possible to use a radical strategy to win a big lottery draw, but it takes millions of dollars in bankroll and several people to pull off. You have to wait until a lottery drawing reaches a high amount, and then you have to buy every possible combination of numbers.
A few syndicates have done this over the years, but it’s not a strategy that most people can afford to try. If too many other people have the same numbers, you might not win enough to make a profit, and if you make a mistake and don’t buy every number combination, you can invest a lot of money for nothing.
If you want to buy a lottery ticket, you can, but forget about finding a strategy that can realistically help you win. This gambling strategy is going to guarantee that you’re going to lose money, almost everytime.
A gambling strategy is supposed to improve your odds and chance to win. And that’s what most gambling strategies do, but a few gambling strategies that guarantee that you’re going to lose money should be avoided.
The Martingale gambling strategy looks great at first, but as soon as you lose a few decisions in a row, you’re betting too much money for a small return. And there’s not a strategy that can change your luck when you play lottery games or slots games.
If you don’t know how to play poker well, the all-in strategy might help you for a short time, but eventually, a smart player is going to take your entire stack.
You should learn some gambling strategies, but make sure you’re learning strategies that actually help you win.