Advantage Gambling: What Is It & How Can You Do It With Bitcoin?
If you love trying hands at a casino, you know how hard it can be to secure a win. However, with advantage gambling, beating the house at the casino is quite possible.
Read on to understand advantage gambling and how you can do it using bitcoin.
Table of Contents
- What is Advantage Gambling?
- How Does Advantage Gambling Work?
- Advantage Gambling With Bitcoin: Here’s How it Works!
What is Advantage Gambling?
Advantage gambling, also known as advantage play, refers to a set of legal techniques applied by a gambler to help gain an edge over a casino or betting website.
It mostly refers to games won against the casino, but you can also use it with games played against other players, such as card games and poker. A gambler who practices advantage gambling exercises the skills legally, unlike casino cheats, and is known as an advantage player.
Ideally, advantage gambling doesn’t guarantee a win in every session at the casino. However, a skilled advantage player can eventually tilt the house’s odds in their favor by exploiting its inherent characteristics and gaining an edge in some games.
How Does Advantage Gambling Work?
In advantage gambling, your techniques are based on calculations rather than sheer luck. The techniques you use must be legal, or the advantage gambling will be deemed illegal, and you will be banned from the site or casino.
While advantage play is legal, it doesn’t mean that the casino or betting website will support players who practice it. Instead, a casino may try to stop you from having an edge against them. For instance, if a casino realizes that a player is counting cards, they will most probably kick the player out.
Consequently, advantage players must always strive to outwit the houses and remain under the radar. The tricks you use to advantage play stealthily depend on the kind of advantage gambling you will use.
The different methods also require distinct strategies to win over the house. For example, when advantage playing in poker, you will need to learn different poker playing skills such as angle shooting. APs in blackjack, on the other hand, would need to have skills unique to blackjack, such as counting cards.
For advantage sports betting, players may use software and advantage gambling strategies like matched bets to gain an advantage over the sportsbooks. However, if you win too much, they may also limit the number of actions they can accept from you. Betting on multiple sports betting websites can be a good way around this hurdle.
Now let’s see some popular advantage gambling methods and how they work.
Casino Comp Hustling
Most casinos give out comps, usually complimentary services or items meant to attract players. Comp hustlers try to maximize the comps to maximize their wins and minimize potential losses.
Players usually participate in the casino game with a low house edge and use tricks such as placing huge wagers when a pit boss is observing to rate them for the comps and then moving to smaller wagers when the pit bosses are not watching.
Other advantage gambling slots tactics used include playing full tables to be dealt fewer hands, playing slowly, and taking frequent breaks from the table.
Arbitrage Betting
Arbitrage betting is a type of advantage gambling that takes advantage of odds disparity among betting websites. This type of bet works when betting odds for mutually exclusive outcomes are set so that if players cover all the odds in their bets, they will profit regardless of the outcomes.
It’s a simple advantage gambling strategy, but the chances of winning huge profits are slim. You would need to invest a heavy bankroll to win big money.
Matched Betting
Matched betting is a risk-free advantage gambling technique that mathematically earns players a profit from the free bet bonuses offered by betting websites. Here, you cover all possible outcomes in a sporting event using the sportsbooks’ free bets. That way, you’re guaranteed a win no matter the outcome.
Advantage Gambling With Bitcoin: Here’s How it Works on 1xBit!
Gambling isn’t supposed to be a simple activity. However, with a good grasp of advantage gambling, it’s possible to stay ahead of the house edge.
Now that you know how advantage gambling works and some of the tactics you can use, let’s see how you can advantage play on 1xBit using bitcoin.
First, register your account with 1xBit. Click on the registration button at the top left button of your screen and fill in the required details.
Log in to your new account and fund it with bitcoin. Click on the green deposit icon to start the deposit process. Your initial four deposits will help you unlock 1xBit’s welcome bonus of up to 7 BTC.
A list of supported crypto coins will then appear. Select Bitcoin and click on it to obtain your 1xBit Bitcoin wallet address and QR code. If you do not hold any bitcoin in a third-party wallet, click on ‘Buy Cryptocurrency’ to acquire some through a crypto exchange.
You will see your wallet address and QR code if you click on Bitcoin. Copy the address or the QR code to deposit the amount of BTC you want to use in advantage gambling.
Go back to your 1xBit account homepage and choose where you want to advantage play. You will have the option of advantage gambling in sports, slots, and casinos. You can also explore the bonuses available under the ‘Bonuses’ section if you want to advantage play using bonuses.
The umbrella advantage gambling covers different strategies that will give you an edge over a casino or sportsbook. With 1xBit, you have all the avenues for advantage playing, including advantage sports betting, advantage gambling slots, and casinos. The platform also provides some of the most attractive bonuses and promotions that can go up to 7 BTC.
Register with 1xBit today and use your advantage gambling skills to win some cash.