Wear Your Thinking Cap When Gambling Online
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.
Money Management
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 buy that.
A bankroll management strategy simply 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.
Game Strategy
No 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.
Some basic but careful planning could make your experience a lot
more worthwhile!