The Casino lifestyle: Back betting

Every gambler knows the four important elements of gambling: your money, the game, the odds, and the house edge. “Veteran” players will know how and when to play a table. They don’t wait around but rather they scout tables looking for players who are inexperienced or arrogant. Like an eagle on to its prey, they swoop in and go for the kill, in this case their money. Of course whenever there are other predators (veteran players), there will always be the scavengers (back betters). Back betters are the kind of gamblers who are either desperate for money due to losing or people who do it for sport. They do not bet on the odds of the game, but a player’s odds of winning. Hence, the players bet their money on the table and the back betters bet on the players.

AR-706179957.jpg&updated=201306170530&MaxW=800&maxH=800&updated=201306170530&noborderimage source: http://www.dailyherald.com/article/20130617/news/706179957/

To start a back bet, scout for table games such as roulette, craps, baccarat and blackjack, ask the dealers if back betting is allowed, and then bet on the player you think will have a good chance of winning. While most tables allow back betting, some casinos discourage it because they won’t get a house edge out of it, meaning they won’t get that extra 50 cents you pay whenever you get a win. Much like playing on the table yourself, back betting can reel in some good money, but your odds of winning would be the same odds your player has. For a better chance of winning, scout around for veteran players. Although your chances of winning are increased by little, that small window has a remarkable yield.

2532677900000578-0-image-a-1_1422726778464image source: http://www.thisismoney.co.uk/money/markets/article-2934503/Betting-shop-machines-ruin-lives-says-boss-Britain-s-biggest-casino.html

As always, be careful on who and where you bet, playing or back betting can and will still make you lose money. Losing is inevitable, hence the phrase “the house always wins.” The best way to earn a little cash on the side is to take it slow and leave when you have approximately 1.5 times your initial money. And of course, leave when you have double your money and start fresh with your initial money. There is no system that will lead to a sure win in back betting, but training yourself to control your money is a great way to earn fast and safely.

Hello there! My name is Tracy Luttrell, avid casino player. Join me in my travels to the many casinos in the country, and visit my Twitter page for a peek of my adventures.

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