Gambling can, and should, be fun. If it’s not fun, or you find yourself playing more than you want to, this can be the sign of a developing problem. Use our tips to manage your play style.
Managing your Online Casino Bankroll
It may sound pretty obvious but managing your bankroll can significantly enhance your online gambling experience. Mismanagement or overspending can make it not only a disappointing experience but a stressful one that could lead to more serious problems.
All too often, people deposit money into their online casino accounts only for it to be gone within minutes. This is no fun for anyone (except maybe the casino), but there are ways to extend your session without stretching your budget, and most importantly make it an enjoyable experience. Here’s our top tips for managing your casino bankroll:
Only deposit what you can afford to lose
This may sound pretty obvious but it can be so easy to get caught up in the rush of winning on a slot machine that appears to be paying out, or even chasing your losses after a losing streak. Decide upon your budget for that session and once you’ve depositing it, think of it as money spent. Hope for the best but be realistic that you may end up losing it all. A great way to ensure you don’t get tempted to hit the credit card for extra funds, is to use a dedicated e-wallet such as Neteller or Skrill and only use funds from that account. Choosing a casino bonus can increase your bank roll but you must still remember not to deposit more than you are prepared to lose!
Choose games that maximise your gaming session
If you have set your budget for your session, why not try and make sure it lasts as long as possible? Look for games with a low house edge, this means the mathematical advantage the house has over the player. Games like blackjack, craps and high denomination slots tend to have lower house edges than that found while playing roulette, keno and penny slots. Another way to extend your gaming session is to pick games appropriate to your budget. For instance if you have set aside £100 for your session, playing a £10 blackjack game will mean it won’t last long. Look for something with a lower minimum bet.
Stick with what you know
Play games that you are familiar with, if you play games that you don’t understand, be prepared to lose more often or more quickly than you would at a game you are more skilled at. We’re not suggesting you stop playing roulette if that’s your favourite game, only that you should understand your odds of winning on each game.
Know when to stop
It’s important to take regular breaks away for gambling, even when you’re on a winning streak. It can be all too easy to get carried away and before you know it, everything you’ve won is gone. It can spiral out of control easily and lead to more serious problems. A good idea is to set yourself not only a budget for your session but a time limit. Walk away at the end of that session knowing that you haven’t overspent, win or lose, hopefully you’ll have enjoyed yourself. Most casinos these days have facilities to activate self-imposed limits. Take a look at what your casino does to promote responsible gambling.
Keep calm and control your emotions
Gambling should be a fun pastime but after a few wins it can be easy to become carried away, or after a quick succession of losses, agitated or even angry. It’s so important to play with a clear head as decisions based on emotions are never a good thing when it comes to gambling. If you find yourself in a situation like this, take a break and come back to it later or better still another day entirely when you’re in the right frame of mind. It is important to learn to recognise these signs, as playing in the wrong state of mind can be very expensive. The casino will still be there tomorrow…so sleep on it!