When you play games of chance or skill and you wager money on them, that means you are gambling. Such players usually play in casinos or on an online casino website. The other definition – when you take risky actions in order to give you the desired results. So the risk factor in gambling games is the wagering of money. You give some money in order to potentially win even more money. At the same time, you can lose all your money which is the opposite of the desired result.
If you bet any amount of money on anything, it is considered gambling. Let’s say you bet $10 on bowling, even though it is not a game of luck, it is still considered gambling.
The legal definitions in relation to gambling on skill games and gambling on chance/luck games may vary depending on the local/national jurisdictions, but practically and in theory both are considered gambling.
Having a strategy is when you plan something ahead, in order to have a long-term or overall aim. For example, you can make a gambling strategy by thinking how you can improve in certain areas. You can learn how to play poker at a pro level by reading and memorize a basic strategy chart and after that, you could get the help of an online strategy tutor.
Another step of the plan would be to learn how to count the cards of an entire deck by reading a book or a comprehensive article on the internet and try out all the different methods of doing that, anyhow and anywhere you can, until you can count down an entire deck in about a minute or less. Another thing you can do is to set a fixed bankroll, in order to avoid losing all your money. Gambling addiction is a real serious thing and this way you can avoid it. And finally, when you have mastered all the suggestions we’ve discussed, you can start a new business using these skills, if you’re lucky and have some imagination.
If you want a simple strategy, then this should be a good alternative. All you need to do is put aside some money every time you get paid and stack it until you want to use the money for a gambling spree. If you keep $100 at each paycheck, the money will stack fast. So you will be able to have a bankroll of $200 – $300 every month and you can spend it all if you want because that is the assigned purpose of the money.
If you blow all the money away, then all you have to do is to wait for the next occasion. If you are able to win double your starting money, then you should stop the gambling spree and enjoy your (almost) free money.