A Winning gambling strategy is according to statistical analysis of the occurrences of each event in the game and an analysis of the odds the casino applies to that event. Casino operators use the occurrence of these events to calculate the odds for the many occurrences within the game. You must identify those events which are good bets for you and those which are good bets for the casino and avoid those which are overly favorable to the casino. Understanding these odds allows us to formulate a winning gambling strategy for each game that we decide to play.

Every experienced gambler should know that each time the cards are dealt, the wheel is spun or the dice are rolled, we are going to loose more times than what we will win. This is a statistical fact of gambling. By only placing bets that are favorable to the player or bets through which the house has only an extremely small advantage, we can increase our prospects of learning to be a winner.

Using a simple basic strategy, a good blackjack player can change the game odds from slightly favoring the casino to slightly favoring the player. Generally, out of every 100 hands dealt, you will loose 45 and should win 55. This isn't going to mean that if you record the results of a hundred hands, you may expect to achieve that result. If you take a sample of a million hands, played by the best player, the final results should be close to the outcome stated.

Over a short period, you can have a dream run and win 60 odd percent of your hands. You could just as effortlessly have a disastrous run and loose 70% of your hands. This is why a sound money management strategy should be an integral part of your winning gambling strategy.

You may find many free gambling strategies on the internet for the majority of gambling games. Many of these are sound and feature material that will take you from being a novice to a respected player in a short time period. Take off your rose colored glasses when you read these gambling strategies because some are sound and are good advice and some are well... very esoteric. Technical playing skills alone will not make you a successful gambler in the long term. Aspects of psychology, your nerve, personal courage and determination will also be required and may be discussed in another article.

I have used my favorite game to highlight the significance of a sound gambling Strategy. I could have used the game of craps which has many bets which are highly favorable to the house and the free odds bet where the home has no mathematical advantage.

All excellent online gambling casinos offer cash bonuses to attract new players. These cash bonuses can dramatically improve your chances of winning and should be seriously considered when formulating your gambling strategy. Likewise many casinos offer loyalty programs and reward players on the foundation of the total amount of cash wagered each month. Try keeping a record of your wagers during a gaming session. Whilst you could have only started out with say $100, you win a bit, you loose a bit throughout the course of the session but your total wagers may amount to several thousand dollars which will be the number used to calculate your loyalty bonus. Regular players should make use of these programs.

When you reach the stage of being a respectable player at your chosen games, you will then be in a position to evaluate the multitude of advanced gambling strategies for sale on the net for many gambling games. Some are cutting edge and some are recycled variations of old failed strategies.