Most people think that the only way to win at gambling is through taking high risks, that is, through bringing in a huge amount as bankroll and playing it all. Some gambling strategies may even tell you that this is due to how most gambling games operate: through chance. While it may be true that the more one plays, the larger the chances of winning, conservative gambling allows one to control one’s losses, and therefore in reality earn more than high-risk takers.
Chance is based on a mathematical probability, which means that one’s possibilities of winning could be exhausted by playing several games. Oftentimes, this is what lures players into high-risk gambling, thinking that the more they put in, the larger their winnings.
While it may be partly true, consider this: because high-risk gamblers play more, then they are also losing more. The reality of high-risk gambling is that while one may seem to be earning more, the percentage of earning is still the same as with low-risk gambling.
If you seem to be confused, then here is an example: Say, if a player puts in one thousand bucks into a slot machine, then more or less that player is going to get +100, or 10% more than what they put in. If a player puts in ten thousand, then more or less that player is going to earn +1000, also 10% of what they put in.
This means that the mathematical ratio of earning remains the same no matter how much one invests into gambling. However, this does not mean that a relatively meager amount as bankroll would get you anywhere – since gambling is all about exhausting chance, then having a few games would really rely on luck, and not on gambling strategies.
If you are planning to earn in gambling even if you are playing conservatively, then consider playing strategy games – poker, blackjack, and backgammon are examples of these. These games allow you to win regardless of how many times you play, unlike pure-chance based games like slots and roulettes.
Also, learn to be disciplined; and like other investments, stick to a budget. Even if you do win something, do not consider betting it again right away. If you want to play more, then commit a certain amount as preliminary investment, then re-bet only a part of your profit that is less than or equal to your preliminary bankroll. This will ensure that you will be able to control your losses, and be able to really earn something.
Playing conservatively would still allow you to earn the same percentage of money as high-stake gamblers, given that you do invest something sufficient enough. Play strategy games, like poker and backgammon, so that winning won’t be reliant on the number of times that you play. Learn to play on a budget, and keep an accounting of your wins and losses. Doing this, one would be sure to profit from your investment in gambling.