If you like to dip in and out of online gambling now and then for fun, if you like to try a few hands of online poker with your bonus check or make sports games more exciting, or if you just want some entertainment from the casino games you’ll find here on Gamblersfever, then you don’t really need to worry about long term success as an online player.
If you’re having fun, then the money you put down is just the cost to play, like the money you might spend at the pub or a bar.
If you’re looking to start playing regularly, though, then it’s important to play it smart and learn how to lower your risk as far as possible. You can lose a lot of money very quickly if you’re not really paying attention to what you’re doing, but with the right long-term strategy, you may come out on top, or at least improve your odds of breaking even as a baseline.
Here are a few of the basics of what you need to know to be a smarter online gambler:
Expect to Lose
It’s like they say: Hope for the best, but plan for the worst. You don’t need a plan for winning. You take your winnings and you either put it back into the game, or you tuck it away for retirement or saving up for that Porsche or something. It’s losing that you need to plan for. This means that when you set your budget for gaming at the start of the month, you must set that budget with the expectation that you’ll never see that money again.
Maybe you know a sure thing when you see it, maybe you win more of your sports bets than you lose, but if you start expecting to win, gambling can stop being fun. You get frustrated, you spend more than you can afford, and it stops being exciting and starts being stressful.
Don’t Play a Game You Don’t Love
Or rather, don’t play a game that you don’t have passion for. If you’re betting on sports, you need to know your game. You need to know every coach and player who is likely to make a difference in the upcoming matchup. If you’re playing poker, you need to have a lot of experience with the game. Practice offline and study the game. You don’t need to be Raiman, but having a good sense of the math behind the game can go a long way.
Don’t Play if You Can’t Win
If winning is a long shot, don’t play. Or at least, don’t play at a normal buy-in rate. If your odds are weak, but you’re doing penny ante, then go ahead. This may seem to contradict the first pointer, but we’re talking about games where you just don’t really have a snowball’s chance of coming out ahead. Expect to lose, sure, but try to win. That means passing up unnecessary risks so you can spend your time and money on reasonable opportunities, instead.
Keep an Eye Out for Deals and Promotions
UK internet casino operators frequently offer free sign-up bonuses and other deals for promotions. You should take advantage of these deals, even when the game at hand isn’t really your thing. A free try is a free try, and if it pays out, that’s basically creating money out of thin air. If your odds are a thousand to one, you’d be crazy to put any real money up, but if it’s free to jump in, you’d be crazy to pass up any odds.
Quit When You’re Up
If you’ve made a handsome profit, stop for the day. The easiest way to lose your winnings is to keep playing until you lose track of time because you’re too thrilled about your hot streak. Keep playing a hot streak for long enough and it’s guaranteed to turn cold. On the other hand, a cold streak is not guaranteed to end. Quit when you’re ahead, but if you’re having a bad day, go ahead, and chill out for a bit, and come back to the game when you’re focused and ready to play.
It’s important to make sure that you’re still enjoying yourself, that you’re playing for fun, not out of habit. These tips won’t guarantee a win every time out, but they’ll help you to make sure you never have a bad day playing online, even when you’re having a bad day.