Even if you have no intentions of becoming a professional gambler, nobody likes to lose. Yet, you find many casino players that are always loosing money in casinos. If this sounds like you, don’t worry. This article will open your eyes to four mistakes you may be making that are costing you money.
1. You are looking for a magic bullet.
Have you come across those articles that promise you big returns thanks to some secret strategy? They often have headlines like “This new system will help you win every round in the blackjack table!’ or ‘This is the secret poker strategy Casinos don’t want you to know!’. Often, when you follow the link, you are asked to pay a hefty amount of money to learn a bogus trick, or sometimes, you find someone who finds a way to repackage the Martingale system for you.
Here’s the thing. There is no magic bullet. There is no secret strategy or deep mystery the casinos don’t want you to know. Many casino games need luck, a strategy, or both. Stop wasting your time looking for that new trick and focus on developing a system that you consistently stick to.
2. You don’t manage your money.
Some people go into casinos with no predefined gambling money. That is a recipe for disaster. You manage your money in a casino in two main ways. First, you have a bankroll, and second, you have a money management system and stick to it. Let’s look at each individually.
a. What is bankroll management?
Bankroll management refers to having a predetermined amount of money you will gamble with. Some people settle on their bankroll by subtracting their personal finances from their income; others decide on a set percentage of their money. It does not matter how you arrive at this number. The only thing is that you settle on an amount and stick to it. This means that once the money is gone, you go home.
b. What is money management?
Your money management system is the set of rules you use to manage your bankroll. Imagine if you have $500 as your bankroll but lose it all at your first poker game. It doesn’t sound fun, does it? A money management system can set out rules like how much money you can play per game and even per day. Some people even decide on how much can be played in certain types of games. The point is, if you have a plan on how you will spend your money, then you will not feel like it is slipping through your fingers.
3. You don’t use casino bonuses.
While not all casino bonuses are to be trusted, that is no reason to mistrust all of them. For example, with Intertops casino no deposit bonus, you can easily learn the ropes of the casino games and win yourself some money in the process. Before accepting any casino bonuses, the thing you want to do is to evaluate the bonuses’ terms and conditions.
What are some bonuses’ terms and conditions to stay away from?
a. Bonuses with very high wagering requirements
Many casinos have wagering requirements before you can withdraw your winnings. Watch out for those casinos that have incredibly high wagering bonuses.
b. Wagering requirement on your deposit plus the bonus
Sometimes, some casinos will offer you a deposit bonus to join them. Some of these casinos then set the wagering bonus on both your deposit and your bonus, leading to an unreasonable high turnover requirement.
c. Time-dependent bonuses
This is when the casino says that they will release your bonus as you bet with your deposit. Often, the amount released depends on the ratio of your bet and the bonus the casino is offered. Additionally, some casinos also require you to wager the bonus several times before you can release your winnings. You will often find that you have to bet an amount several times the size of your deposit before you can withdraw any money.
d. Bonuses that exclude a game you want to play
Many casinos have wagering requirements on their bonuses. In most cases, they stipulate that some games like blackjack and roulette either do not contribute or contribute very little to your wagering requirement. This should only be okay if the excluded games are not games you want to play.
What you need to do before accepting any bonus is to read the terms and conditions and decide if the terms of the bonus are favorable to you or not. If they are not, you are better off declining the bonus offer. Otherwise, if you find a casino that offers you a bonus with reasonable conditions, then take advantage. It will increase the amount of money you have to play with and can help you multiply your final winnings.
4. You don’t know the rules of the game.
The easiest way to lose money is to play a game you do not understand. This is especially true for strategy-based games that require logic and following rules. Many casinos allow players to play demo versions of a game or to play without any stakes. You should take the time to learn the rules of any strategy-based games before wagering to increase your odds of winning.
Conclusion
Playing casino games does not always have to lead to empty pockets and tears. By avoiding some of these mistakes, you can increase your chances of smiling all the way to the bank after playing casino games.
I'm a published author and proud US Army veteran who happens to be a gamer, so I decided to combine the two and love every minute of it! Feel free to contact me with any questions or comments and I'll be sure to get back to you.
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