There are some betting secrets or, if you wish, features which are evident to the online casinos' managers and professional gamblers, but which, unfortunately, are not obvious to the ordinary players. In order to play successfully, any gambler is to take into consideration the online betting odds. Odds mean advantage in the game. This factor depends on the heavy complex of coincidences, personal skill and casino's settings. The betting odds provide an opportunity to improve the initial odds if the game is played properly and intellectually. In other words, the more corresponding your online casino betting strategy, the more successful the outcome promises to be.
So, let's look through the major ingredients of smart online casino betting.
Expected value which is often referred as average value is a correlation between average draw and the initial bet. Alternatively, it means the casino advantage. For example, at sports betting (including horse racing betting, football, basketball, baseball and hockey betting) your expected value will be equal normal loss or normal prize in the similar situation. If you bet 10 units on score with coefficient no less than 5, in the case of the proper guess your income will equal the average income in the similar conditions.
Initial bet does not cause expected value to fluctuate, but it heightens the risks. For example, at poker or blackjack when a gambler raises he does not improve his personal odds against the casino, he simply makes the game hotter. Coming from correlation between average gain and initial bet a gambler considers whether element of risk is worthy this bet.
Standard deviation is the feature each gambler should remember about. As a matter of fact, the probability of deviation from expected value could vary from 68% to 99% depending on the standard deviations and initial bets.
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