What to think about before you bet
What goes through your mind before you place an online gambling bet? Do you hit the button without thinking, or do you have any kind of plan or strategy in mind first?
If it’s the latter, then well done, you seem like you’re onto a good thing. If it’s the former, then you might find yourself running out of gambling funds quicker than expected. Believe it or not, there’s more to online gambling betting than just clicking a button and sitting back – there’s thought that needs to go into it first, to make sure you protect your bankroll as successfully as possible. Let’s take a look.
Understand payout tables and odds when you bet
Before you start playing any kind of online casino game, you need to learn the rules first – and understanding payout tables and odds is a crucial part of this. These will give you vital information on what you can hope to win, and what the probability of you winning is. You can then use this information to decide whether you want to play a certain game or not, and whether it’s worth your time, effort and money. And if it is, you’ll then be able to settle on a bet size that a) you can afford, and b) that’ll make playing worth your while. Start at the beginning when it comes to gambling – it’s a very good place to start!
Learn about RTP (Return to Player) and house edge
Even if you’re gambling online by yourself, you’re never really alone. Not with the Return to Player (RTP) percentage by your side. That’s because this is your most important partner in online gambling. A percentage that lets you know in theory how much you can hope to win back in the long-term on any particular game. On the other side of the coin, there’s the house edge. The percentage that tells you what kind of advantage the house has over you. A quick rule of thumb. You want as high an RTP as possible and as low a house edge as possible. So you’re winning back as much as you can, while the casino takes only the smallest amount from you. Remember these two figures, and you’ll give your bankroll a fighting chance!
Pay attention to bet size
Obviously if you only have a small bankroll, a large bet size will wipe it out in just a few clicks. So don’t go down that round, no matter how tempting it might be to bet max. Instead, practice responsible bankroll management by choosing the bet size that’s right for the game you’re playing, and the amount of time you’re going to be playing for. You can still have fun by betting small amounts, and you’ll stay in the game longer too. There’s more than one way to be a winner!
Finally, one of the most important things to pay attention to when you place bets is how you’re feeling. If you’re too emotional and worked up, you’re more likely to make a mistake. So just relax – stay cool, calm and collected, and you soon could be beating the house at their own game!