10 Golden Tips to Gambling in Online Casinos
If you are going to gamble in online casinos, there are certain basic but very important tips to follow. Most of the tips you might already know. But before you gamble, refresh your mind with this very important rules. And try to follow them as you play. Once you forget the simple things, that is when you get careless and the losing usually starts.
1. Choosing the online casino to play in:
The first and foremost thing to do is to select the online casinos you are interested in. There are many of them. The big gambling houses are usually good and the 'payout percentages' are usually higher than the small sites. Remember though that the top casinos offer little or no free bonus.
If you are looking for bonuses to start with, then go down the best casino list till you find one that does. One reason it is important to carefully choose the casinos is mainly because of safety and trustworthiness of the site. Another reason is that they have a large collection of games from which to choose from. You can use our list of the best online casinos. We list the casinos in order of merit.
Choosing the right casino can make a big difference. The top casinos, like we have in our list, are ordered by the how large the number of active members and how popular they are. You might ask why go for the larger ones? There are a couple of reason. One is that the more the number of players in an online casino, the more the chance of winnings. Especially if you are interested in playing bingo or poker games, then it is crucial that you chose a casino with the largest number of players. The odds of winnings in these games multiply according to the number of players online.
2. Know the game thoroughly before playing:
Do not start betting for real money on a game you are not familiar with. Many players usually lose a chunk of money in online casinos on a new game they do not really understand. First choose the game that you are interested in. Then practice the games till you are familiar with the different bets and prizes. Nearly all kinds of online games can be played in 'Practice Mode' in the sites. We also have Free Casino Games that you can use for this purpose. Only play for real money when you think you know everything about it. You can also use the No Deposit Bonuses or free play bonuses for this purpose.
Different type of casino games have different odds. This are called 'Payout percentages'. The odds of winning is the worse in slot games. Blackjack, roulette and other table games have higher payout percentages. To explain - the figures of one of the top online casino - Party Casino for the month of April, 2010 is: Slots - 94.44, Poker - 96.20, All table games - 98.33. This means that out of $100 played in the casino, $94.44 is given back as prize in Slots while the amount is $98.33 in combined Table games. This means that there is more chance of winning in Table games than Slots.
But this does not mean you cannot win playing slots. If you know more about slot machines, you might be better off than playing Table games you are not comfortable with.
3. Set a target before you start, and stick to it:
You really want to win? Then get serious! It is really easy to say 'I will try this a little' and before you know it end up losing lots of money. So get a pen and paper. Think of what you can afford to lose, say in a day. Write it down. Then set a target. A certain reasonable winnings that you think will be good for a day. Don't set this target high. For Eg. if you are willing to lose $100 then set $100 as the target something like that. Now display these figure so that you can see it while you play. And the most important part, 'STICK TO IT' whether you win or lose. If your target is as eg. above, then stop immediately once you lose or win $100. There is always the hope that the game will give more winnings. That is your emotion coming into play. Never give in to emotion. The difference between successful gamblers and the common man is this, the ability to walk away.
4. Know when to step up or step down your bets:
Start in small amounts of bet. Play for awhile. If you think the game is promising, then increase your bet gradually. Do not suddenly step up to a large bet. Control your emotions even when you are winning. Because that is the most important key to successful gambling. If you find you are losing for a consecutive number of times, then decrease your bet amount. Or play another game.
5. Be careful of beginners luck:
One of the most intriguing side of gambling is 'beginners luck'. It seems like the person who knows little about a game and playing for the first time always wins! This is one universal truth that is undeniable. The sad thing is that it is also the reason most people are addicted to gambling in a bad way. Thinking that luck is on their side the new player will come back expecting the same wins everytime till he loses a number of times of his initial win even to the point of bankruptcy. Remember this whenever you win! Try not to be overly excited, enough to cloud your judgement.
6. Never get angry or frustrated:
One of the most common reason people lose even upto a point where they cannot afford is when they get frustrated at the game. Try to play as calmly and coolly as possible. If you get mad on a losing streak, then that will take away all your caution. A sure way to lose even more. Never take any losing personally. Remember you are simply playing against a Computer Random Number Generator. To be a successful gambler also requires you to be a graceful loser. Remind yourself that you cannot and will not always win.
7. Take a break often and clear your mind:
A losing streak usually starts when you get bored or lose focus. So it is essential that you take a break frequently. It will be best if you set a stopwatch every hour or so. When the time comes whether you win or lose, stop. Stretch your legs. Go out. Do something else. Only come back when you feel refreshed and your mind is clear. Controlling your mind is the key. Never play while you are tired or fatigued.
8. Never try to recover lost money:
The one sin that bad gamblers usually make is to try to recover money lost on a game. It will seem reasonable. If you lose a significant amount of money on one particular game, the time for it to pay will be near, right? You could not be more wrong. The truth is that a game that pays now is much more likely to pay again, than for a game that does not pay! Most experience gamblers will tell you that. So do not try to wait for a game to pay. Cut your loses and try another game. Or quit for the day and come back the next day.
9. Do not be scared to lose:
No risk no gain. You come to gamble. So do not be afraid to bet. Stick within your budget and target, but bet away. Remember that losing and winning come as a package. Listen to your gut feeling without going to the point of being unreasonable. Do not worry too much if you lose this time or this day. You can always come back the next day and win much more than you lose today.
10. Have the courage to quit while you're still ahead:
It is said what sets the professional gamblers apart is the ability of walk away, to run. Gambling is a mind game. Playing is easy. But It takes a lot of courage to quit, more so when you are still winning. Try not to get lured deeper by the promise of more winnings when you are ahead. Remember your target mentioned at the start of the preparation. As soon as you hit your target, RUN. I assure you that after a while, when your mind is clear, you will not regret that you walk away when the promise of more winnings holds. But this I can promise you. If you do not walk away and end up losing, you will definitely regret it.
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