I receive many emails each week from people who deposited money at an online casino, only to walk away empty handed merely minutes later. Most of them are quite upset and
understandably so. When you have lost money you want to blame someone. It’s part of the human psyche and
a natural reaction.
When I ask people if they were playing according to a strategy the answer is normally something like “Huh? What’s that?”. Enough said. Now don’t get me wrong. I am not suggesting we all go out and obtain science degrees and start crunching numbers in every playing session. I am however suggesting that you arm yourself with a few important tools before you deposit your hard earned money at an online casino.
These basic tools are not rocket science, but they require you to do some work
before you spin the reels or lay a chip.
This is by far one of the most important aspects of gambling at online casino but astonishingly one of the least discussed subjects.
A sound money management strategy consists of three important elements: budget
management, bankroll management and betting limits.
Budget management is simple enough. Set your monthly budget and stick to it. Only
gamble with more if you are playing
with winnings. In fact, I have a rule for myself where I don’t even do this. I cash my winnings in immediately. There’s an old belief in gambling that money you have won will go back faster to the casino than your own and I
Slot relates to how you are
going to spread your budget across several playing sessions and across a variety
of games. This will maximize your playing experience. It is no use dumping your
entire session bankroll into an expensive slot machine if you are looking to get
entertained for a couple of hours. Finally, manage your betting limits. Decide
how high you are prepared to go and stick to it. Too many people get an
adrenaline rush and cross their limits. Although you may win every now and then
you’ll spend far more time in front of the TV over time.
matter which online casino game you prefer, following a basic strategy is a
hundred times better than having no strategy at all. Online casino gambling
strategies range from very simple to highly sophisticated. Take blackjack for
example. Basic strategy involves a simple strategy card that will guide your
decision to hit, fold, or stand on a given hand. More sophisticated strategies involve things like card counting. As far as slots go, a simple spin and hope
strategy won’t get you far. There are simple strategies like machine selection
to more expansive progressive loss betting systems. The net is littered with
gaming strategies so you won’t have to search for too long.