Gambling and online gambling, in particular, is a risky endeavor. You have to risk a bit of real money for a chance to win big. However, it’s nothing like poker where the outcome of the game depends on your skill. In the world of pokies and table games, it’s all about luck.
This is why every year, gamblers worldwide lose upwards of 6 billion dollars! But not all are losers in this game, many come out on the winning side. How do you win at a game of chance? Here are ten tips that, if followed, will increase your chances of success a whole lot.
Don’t rush it
The main reason people keep losing at online casinos is that they keep playing no matter what! Gamblers are often impulsive and tend to get emotional quickly, so when you keep losing, you tend to start getting worked up and betting too much. This is because you’re angry and want to win back the lost sum.
That’s probably the worst thing you can do when gambling. Instead, you should try not to rush it and take it one step at a time. When you sense you’re getting worked up, stop for a couple of minutes and try to calm down. Are you getting irrational? Are you getting angry, sad, or emotional?
If you are, you probably should pause and calm down because irrational decisions don’t work well in gambling.
Develop a winner’s approach
The next tip is to develop an approach to gambling that will bring you to success. What’s that approach? It’s a small yet extreme change. You have to stop treating gambling as a means to become rich and start treating it like a hobby.
Gambling is more of a recreation activity than a job, really. You do have a chance of winning an exorbitant sum of money that will change your life. However, the chances of trying to do so desperately and leaving frustrated are incomparably higher.
If betting on slots is something you do regularly, it’s best to do it in such a way that you can enjoy it. Start looking for fun in your gambling, not for money, and you’ll be happier at the end of your gambling session, and possibly with more money in your pocket.
Set a limit
The first two tips are solely about your mindset. But you will have to do more than think positively in order to succeed. Since online gambling is a game of chance, you’ll be better off if you leave the casino to try your luck another day than staying to lose it all.
To make sure you’re on top of your game in this respect, all you have to do is set a daily limit. For instance, you could decide to stop spending at $25 and not a dime more. Even if you deposited $25 and lost every penny, stop instead of trying to win it back. You may be able to win it back tomorrow, and you won’t spend too much on an irrational binge.
Never gamble on credit
Although gambling on credit is banned in many countries, it’s best to say you shouldn’t do it regardless of its legality where you live. Gambling is fun right up until you lose too much and it becomes a very real problem in your life. That’s why you should stay cool when enjoying your risky hobby and set limits on your spending.
When you start gambling on credit, it’s mostly because you believe you can win back the losses and cover the credit. What if you don’t? You will be in debt and will have to work harder to pay it back. Definitely not the outcome you want, so abstaining from credit gambling is a very important tip for long-term success.
Never gamble drunk
On a similar note, you should not gamble while intoxicated either. The whole point of winning at online casinos in the long-term is not acting irrationally. Drinking during your game is probably the worst thing you can do if you want to stay on top of it.
Having one beer will not get you off course in most cases, but if you get hammered, you’ll probably end up losing more than you’d want to.
Know your casino
Now, let’s get from tips about your mindset to more technical tips. What’s one thing you can do if you can’t control the outcome of a game? Control the environment. You need to learn everything about the online casino you’re gambling at to make sure it offers the best environment.
Let’s look at an example. Look at Kahuna casino review [valid in Australia and where legal] — you’ll see that it offers $4000 in bonus money, but it’s split into six deposits and the match-up percentages do not exceed 100%. Will that be enough or do you want to look for a casino with a better match-up percentage? That choice is up to you, but you have to stay informed.
Know your game
Knowing your game is just as important as knowing your casino. If you choose a slot, you better make sure it doesn’t just look good but offers good conditions too.
Here are some key factors you should look at:
- Lots of bonus features
- A lot of paylines
- RTP of 96% and higher
- Low volatility if you’re a low roller
- High volatility if you can spare some more
- Minimal or maximal bet that suits your funds
You can check these stats in any slot by clicking on “information” or “settings.”
Follow safe strategies
When you’re playing slots, there are no strategies but to bet until you win. In table games, however, there are a lot more options. You don’t have to invent the wheel here or count cards (it’s useless in online gambling anyway). All you have to do to improve your chances of winning is to follow some simple and safe strategies.
- Stop at 17 in Blackjack if the bank has a King face up.
- Place sector bets in roulette.
- Bet on Bank in baccarat.
Quit on a winning streak
Making sure you leave with a winning hand is just as important as setting a low limit to minimize the losses. Set a high limit on winnings that will make sure you don’t leave empty-handed. It may sound counterintuitive, but entertain this idea for a moment.
If you keep on gambling when you’ve won 5x your deposit, there’s a good chance you will lose every penny. If you stop and make a withdrawal, there’s a 100% chance you’ll keep every penny of that win.
The ultimate gambling tip
This is the ultimate gambling tip and it’s going to get a bit personal now. A lot of gamblers use this hobby just like booze. They try to run away from their problems using gambling. This is definitely not what you want to be doing with your life.
If you think this may be your case, seek help either from your loved ones or from charity organizations. When you sort out your problems and feel better, you may get back to your hobby and find it much more enjoyable when you feel happy not frustrated while playing.
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