THE PSYCHOLOGY OF LUCK: CAN YOU REALLY IMPROVE YOUR CASINO ODDS?

Many people love playing casino games as it allows them to test their luck. The adrenaline rush they get when they place a wager and wait for the outcome is so high that they feel like they are living on the edge. It excites them! And luckily for them, playing casino games has become much easier with online casinos. A player can simply sign up at an online casino Slovenia regardless of their location and start experiencing this rush. Moreover, they can test their luck on thousands of games!

But is there more to winning casino games than meets the eye?

Luck And Casino Odds

The house always wins – many people believe this. They think that no matter what they do, they cannot guarantee their wins. Yet some players maintain winning streaks despite this belief. So, are they just lucky?

Casino games are different. Some, like slots, depend on luck as they use random number generators to produce outputs. As such, no matter what you do, you cannot control what happens and are subject to randomness. Others, like poker, depend on skills. You can decide what to do with your hand and learn how to bluff your way to the final play. At the same time, we have games like video poker, which feature elements of luck and skill. The decks have random number generation, like slots, but you can predict the cards and use them to your advantage as you would with poker.

What you play determines the degree of luck to which you are subject. That’s why poker players can progress to international tables while you will not hear of an international slots champion, as there are no skills associated with the game. 

Tweaking Your Odds

Can you change your odds? Of course you can! Each time you play, the outcome comes down to the following things:

• What you wagered,

• The decisions you made in the game, and

• Why you made those decisions.

For example, a poker player might wager $100 on a game with a weak hand because they think they can bluff their way to a win. This approach can end in a loss or a win. And if you were to ask most pro poker players, playing with a weak hand is not a good idea, no matter how good you are at bluffing.

Let’s consider how you can use these factors to tweak your odds in your favour:

• Set a Budget

Playing for money requires you to invest capital in the games. The promise of a good payout often pushes many players to wager more than they can afford. Unfortunately, using a lot of money on wagers can result in chasing losses, affecting your finances adversely.

The best approach is to determine what you can afford on games and distribute the amount across different games. Once you run out of money, stop playing. It’s that easy.

• Learn the Rules

Each game has different rules. Whether it is a game of luck or skill, you must know how it works. For example, if you enter a bingo game and don’t mark enough numbers, you reduce your winning chances. The same happens when you don’t understand the patterns. So, as much as the game may depend on luck, you will have weakened your winning chances.

Games of skill require a lot of practice. You need to know what moves are available to you at each point. For example, blackjack players should know when to stand or double down, as these decisions can result in a bust or win.

• Review Your Results

You can only move forward if you understand why you make certain decisions. In this case, performing a SWOT analysis will help you know what you can do to improve. For example, you may note that you often let your emotions get the better of you in live games, resulting in poor decisions. You can then find ways to remain objective even when things get tough. 

Your luck may affect your results, but your decisions influence how most games turn out.