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7 Most Dangerous Mistakes While Gambling in an Online Casino. How To Save Your Money?

Yuriy Sheremet
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7 Most Dangerous Mistakes While Gambling in an Online Casino. How To Save Your Money?

In any sphere newbies often make mistakes. And it is OK as such blunders give us valuable experience. However, when it comes to gambling, it can be double more dangerous as this activity may lead not only to waste of money and nerves and considerable financial expenses. In fact, it is pretty easy to avoid these unpleasant moments. It is enough just not to hurry and to get down to business with minimal competence.

1. Choice of a Gambling Platform

At first glance it may seem that all gambling sites vary only in names and colour schemes. It is an unsound opinion. In fact, each resource has its own peculiarities:

  • rules of the game;
  • various in-game features;
  • bonuses, special offers, tournaments;
  • ways of input and withdrawal of money;
  • quick responsiveness and competence of customer support.

It goes without saying that the most important factor here is authority and recognition of the company in the gaming community. Before you sign up, take a close look at other users’ reviews (both text and video), try to find «live» gamblers and talk to them. Make sure are slot results fair and random.

2. Titles

While picking a slot machine, pay attention not to its colours and plot but its characteristics and rules of the game. Unremarkable and nondescript slots often turn out to be the most profitable and clear. Alongside you always can find colourful games are based on popular plots and films that are built to minimize a chance of your victory.

Also beginners often neglect learning rules of the game. Like, if you have got luck on your side, everything will go smoothly. In fact, there are slot machines of this kind, but you should understand at least common rules that build the gaming process in more interesting and difficult titles. It is especially relevant for poker and other card games.

3. Hope for Stable Payout

You should understand that it is impossible to outplay a online casino or to deceive or break the system. If at least the quantity of those who win was 1% more, all such establishments would go bankrupt. If you are ready to exchange a sum of money for emotions and a bunch of impressions, it will be hard to find anything more exciting than gambling.

Of course, fortune may smile upon you and award you with a payout much bigger than the sum of your bet. However, you should realize that constant winning and stable income is not possible here at all. In the long-term, you will always spend more than you will get. Another outcome is impossible.

4. Game Bank Limit

Before you start gambling, you should understand that you may lose your money without getting a precious jackpot. Thus, you must outline the sum you are ready to lose. And if this money disappears, it will not affect your financial situation. Set your financial limit and never surpass it in any circumstances. If all this money is lost, do not try to bounce back with new deposits.

Healthy gambling is understanding slots as a paid entertainment but not a way of earning money. You should use only your spare money, play for fun and never go beyond your limit. If you get lucky, do not lose your head wishing to repeat your success – it will not happen. It is better to go away with lifted spirits than lose them at once. It is also relevant for a wish to bounce back in case of failure.

5. Play With Loan Money

Needless to say, you should never think of a potential idea to take money to bounce back at the slot machine. As you know, in the long-term casinos will always benefit unlike gamblers. Participation in such entertainments for making money is absolutely unrealistic. The best you can hope for is adrenaline buzz and lots of emotions, otherwise, gambling may cause an array of problems.

6. Martingale Strategy

The idea of this strategy is well-known for those who are familiar with the gambling world. Its principle is pretty simple.

  • Bet 1$.
  • If you lose, double the bet to 2$.
  • Then to 4$.
  • After that to 8$.
  • 16$.
  • 24$.
  • 48$ and then till you win the bet.

You are supposed to play until your bet wins and you get your prize. However, if you run out of your bankroll, you will lose a huge sum hoping to win your first 1 dollar back which is your minimum bet. Not always your payout is 100% and the following bets will have to increase again and again. Also, some casinos set a limit to the number of bets which is also something to keep in mind. To put it differently, sooner or later it will lead you to assured loss of a good load of money.

7. Play for Money Straightway

In most cases famous companies give newbies a chance to try themselves and their luck in a demo version of slot machines, so they play with virtual money but not real. And it is a brilliant idea.

  • You can estimate the gaming situation.
  • Get familiar with the game interface and master management of slots.
  • Select an optimal gambling strategy without risk of losing your money.

As you understand, it is much easier to take knocks in the demo version with virtual funds than to pony up for your mistakes. However, you should keep in mind that demo versions may show better results than those you will see in a real game. Some companies resort to this trick so do not sink into euphoria and evaluate your chances critically.

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Yuriy Sheremet

Yuriy Sheremet – Expert in mobile gaming and esports among shooters and MOBA games.

At EGamersWorld, Yuriy, as in 2020 when he joined the portal, works with content, albeit with adjustments to his area of responsibility.

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