Though gambling always has to involve some risk, there are some ways to have fun betting and still come out on top. Many people have tried to devise perfect gambling strategies for the online casinos and have come really close to it.
Related: Three of the world’s most luxurious casinos
Although there’s no way to wager money and be a hundred percent sure you’ll win, there are some ways to better your chances. Before you start digging your teeth into the world of online casinos, you’ll need to make sure your winnings are safe by playing on one of these UKGC licensed sites. Here are some tips on how to efficiently gamble online.
Online casinos: Keep track of your spending
While many gamblers set a limit on the amount of money they’ll spend on a single session, you can budget your money a better than that. Though some industry professionals make an entire spreadsheet to track their winnings, this practice is simply not realistic and too time-consuming for many people. So, one way to keep track is to switch up the order in which you place your bets.
Let’s say you have $60 in your wallet. So, if you were to go to your local brick-and-mortar casino you should get three $20 tickets. If your first game costs more than $20, it’s time to move on to something else. When you’ve doubled one ticket, split your money so that you’ll always have three tickets. As long as you have the same number of tickets you began with, you don’t have to worry about your finances.
However, online casinos work quite differently. In order to keep track of your spending, the best option is to open up a separate banking account or e-wallet you’ll only be using for gambling. There you’ll have every single deposit written down and every time you cash out, it will be much easier to invest it into further casino ventures.
Choose your payment option wisely
Though some may think that choosing the payment option is not that important, they are quite wrong. Some ways of depositing cash can truly set your budget back because the certain e-wallet will take a fee for making any kind of deposit. Also, with quick ways of depositing money into your account such as with the new online casino iDeal you can be sure that your money will be transferred quicker. This way you don’t have to wait days before you start playing with real cash.
Playing slots
Slots are one of the most popular online casino games and for a reason. They are generally the cheapest games out there and they often offer amazing jackpots. However, there can be a smarter way to play them. This is where choosing the right reel number comes in. The smaller the reel number the more likely you are to win. So, opt for three-reel slots rather than for ones with four or five reels.
Play free poker tournaments
The cost of renting a poker table in a land-based casino may be rather high. On the other hand, free entrance into poker tournaments is a perk of playing at online poker websites. If you’re willing to put in the effort, you can have a fantastic time despite the low rewards. Some casinos also provide a complementary set of chips with their free admission. In addition, they provide a variety of bet sizes to choose from. Thus, you don’t have to worry about playing against high-rollers who could deplete your bankroll in a few hands.
Don’t trust betting systems
You should flee if someone claims to have a foolproof betting strategy. Systematic bets fail to provide as promised. You can’t predict the result of a random game when you wager. If you use a betting system, you can’t alter the odds or the payouts. In most games, your odds of winning or losing are the same regardless of how much you wager. The worst thing you can do after you’ve lost a bet is to raise your next wager in response. Decide how much you’re willing to gamble each game or spin, and then stick to it.
Top image by Pavel Danilyuk/Pexels
I am a 50-something Torontonian who loves everything about my city. It’s been my home, my playground, for my entire life. I went to school here. I met my wife here. I own real estate here. I love writing about the transformation of my city on the world stage, which hasn’t been anything short of dramatic. That continues on, as I write this. I write on the real estate scene. I write on travel and fashion. I like following the world of luxury watches.
But I love writing about cars – check that, luxury cars, a level of superior, engineering sophistication, high performance and style, that transports you not just from one destination to another but also out of whatever you are going through on a particular day, whatever mood you are in, all to another head space. It’s complete and total exhilaration, head to toe.
Check out my stories, and email me direct at mkeast@regardingluxury.com
