All casino games, with the exception of poker carry have been designed to incorporate a house edge which gives the casino the advantage of players. While selecting games with the lowest house edge and playing these according to solid game strategy can greatly reduce the house edge, in the long run the edge ensures that the casino makes money and it is the price we pay for playing games.
There are however a few costly mistakes that some players make which can increase their losses and minimise their wins. Being aware of such mistakes helps us to avoid them, so read on and keep these in mind next time you play.
Playing with Borrowed Funds
You should never wager more than you can afford to lose when playing at a casino – gambling is entertainment and you should reserve a predetermined amount of your budget for playing casino games. You should never gamble on credit or with borrowed money because should you lose you’ll be liable for interest on the losses which will put you into a hole.
Not understanding the Casino Games you play
If you don’t play casino games often or you would like to try a new game, it is important to learn and understand the game’s rules and game play progression before you play. It is a good idea to read information on your casino game of choice, to review a few tutorials and make use of the “Free play” games on your online casino platform of choice. Once you are an experienced player you will not make costly game play errors.
Making Bad Wagers
Certain casino games and specific bets have a higher house edge than others. It is important to be aware of this fact and avoid making costly bets. If you’re not sure about which games have the highest house edges and which table game bets you should avoid, read the various articles on our site and do some research online before you play. This way you can tailor your game play and stick to the most profitable bets.
The downfall of many gamblers is greed. It is exciting to win and very tempting to keep on playing instead of walking away and making higher and higher bets to increase your wins, but before you know it you may have played back all of your winnings and then some. If you want to be a winner in the long run it is best to lock in small profits as and when you win them back. It does take discipline but it will ensure that you come out on top.
Not playing with a plan
Don’t just visit and online casino, make your deposit and hop from game to game until you money is spent. You will have a much more enjoyable and profitable time if you plan which game/s to play, as well as how much time and budget you will allocate to these. If you are playing and not having any luck at all, plan to leave the casino and visit again on another day instead of wasting all of your money on a bad streak.
Poor or no Money Management
Effective bankroll management ensures that you will have enough money to play your favourite games, enjoy them and have a great time at the casino. Bear in mind that money management systems will not change the odds of a casino game but good bankroll management will ensure that you are in control of the amount of money that you are willing to risk. Click here for more on money and bankroll management at casinos.
Casinos are exciting places and it is sometimes difficult not to get caught up in all of the hype but ensure that you don’t lose control and if you find yourself gambling more than you should or trying to chase losses in an attempt to turn them around, rather leave and come back another day. When you get desperate you will end up throwing good money after bad and we all know that that can be a costly mistake.