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How Strategic Thinking Can Help You Within Gambling?

Strategic thinking is an exceptional power that people have. It can be used for business purposes, for everyday challenges, or for gambling.

Of course, this is not news to you as you already probably know that we figured it would be useful when you play in a Bitcoin casino or sportsbook. But how exactly is strategic thinking put to use within gambling, not only now but over the years?

Who are the Strategic Thinking Gamblers?

They usually have very bold personalities and love to experience and try new concepts. Their effective approaches on opportunities usually offer the biggest returns. The question right now is: Are there examples of strategic gamblers? Well, here are some examples who used their strategy well to achieve and go big, whether for gambling or for a completely different cause.

Tom Dwan

One of the biggest poker stars, Tom Dwan started out his poker career with a 50-dollar birthday gift and ever since, this 50 USD rose to millions. Thus, his name became legendary within the industry. His strategic thinking and aggressive poker tactics blew all of the other pros out of the water. Nowadays, Dwan plays a massive part in how players go about their strategies, whilst he is known for currently playing cash games around in Asia.

John Montagu

This one might not be a gambler, but his strategic thinking led to creating one of the most popular foods in the world- the sandwich. Montagu was a statesman in the 18th century and he used to dip his toes into gambling. However, he didn’t use his brain to win gambling profits, but to name the food. Moreover, the 4th Earl of Sandwich was known for asking for pieces of meat between pieces of bread and that’s how Montagu came up with the name “sandwich”.

Edward Thorp

This mathematician proved that card counting can have an advantage when it comes to blackjack. He even made some unique card counting methods for more accurate results. Moreover, he is known to have used an IBM 704 for creating these counting methods. If you’re thinking that there is no possible proof that these methods work, he put them to use in Nevada casinos in the 1950s.

Haralabos Voulgaris

Voulgaris is a Greek-Canadian bettor and his career started back in the 1990s when he ventured in sports betting and wagered on NBA. And as time passed and his experience excelled, when he reached the age of 25, he won bets worth more than one million dollars.

How to Become a Strategic Gambler?

The very first step to becoming a strategic gambler is to follow the simplest strategy. Just the basics. This is not some advice that can blow you mind, but you can’t think outside of the box, if you don’t know the basics of it. Also, you can do simple research of what others do and what’s currently popular amongst gamblers.

Moreover, some of the games that you can practice your strategies on are big six, keno, video poker, three-card poker, craps, baccarat, sports betting, and many others. What’s interesting is that sports betting is very similar to poker, since there are gaps in the information you know. This leaves you with an open strategy plan and you can also use programs to analyze your chances whilst structuring your next steps toward getting more winnings.

*  *  *  *

If we have to sum up all of the above, we can tell you to do the following:

Invest money today for better results tomorrow

Try new tactics and methods

Search for opportunities

Focus on the right games

Be bold and try something risky

It’s as simple as that. Just remember that whatever you decide to do, always calculate your risks and your budget, so you don’t run out of money and get into debt. Even more important is to practice responsible gambling in Bitcoin casinos.

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If you’re interested in getting an updated 2020 list of all Bitcoin casino reviews for this market, check out the casino review section.



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