While knowing the rules of the games that you want to play is an excellent first step, there are many more steps that you can take to help improve your play. For anyone who is looking to improve the level of their gambling, learning probabilities and how to calculate them will go a long way towards improving your play. Many different games have mathematical applications and each game has different calculations that need to be made. Having a basic understanding of the probabilities of each game you play will give you opportunities that can be taken advantage of and exploited to give you an advantage.
Every casino both online and physical live and die by probabilities and expected value. In fact, the way casinos calculate how much money they are going to make on average is by using probabilities. While casinos have an inherent advantage, being able to calculate the probabilities associated with the game you are playing can often reduce the house edge significantly and reducing the house edge means more money for you.
It is not necessary for you to be able to calculate exact probabilities and do advanced mathematical calculations in your head, all that is necessary is the ability to understand the ratios involved and rough percentages and payouts associated with given odds. By being able to calculate odds, you give yourself the ability to recognize good opportunities that can be exploited to create an advantage for you and poor opportunities that are better off avoided.