It is imperative that anyone who plays online casino games must first understand money management. Before you start playing you must be clear about how much money you can afford to play with and how much you can afford to loose should your luck turn bad. Set yourself a budget and do not get tempted to exceed that budget no matter what, even if you are on a winning streak. Most importantly, do not let your emotions control your purse strings.The temptation to push your luck during a winning streak in the hopes indoslot of making an even bigger win, or to bet big during a losing streak can spell disaster for your pocket and your game play. Being able to control these urges is the secret of having a successful and enjoyable time. Betting erratically can quickly turn moderate wins into big losses and moderate losses into even bigger losses. Not the way to go unless you have very deep pockets.You should plan ahead and prepare for the game. Think to yourself, “how would I handle a big win?” “How would I handle a big loss”. And most importantly “how do I keep my head straight so I don’t loose control of my budget?”
In any casino game played for money where luck plays a role, fluctuations in winnings and losses are to be expected. It’s your ability to successfully deal with these ups and downs that will ultimately determine how well or poorly you do at the tables. Below are what we at Jackpot consider to be the three most important rules of money management when playing any online casino games.
What can you afford to loose?
Never play with money that you can’t afford to loose. Do not gamble with money allocated to other things, no matter how much you think you can win. Remember, no bet is ever sure or else it wouldn’t be called a bet. Loosing big when you can’t afford it can cause all sorts of problems.
Set a budget
Budget properly and make sure you allocate enough to spend moderately. Under funding yourself can leave you open to incurring big losses. If you had very little money deposited at the casino a normal downward trend can wipe out your money leaving you with very little or no money to recoup your losses. More importantly, a small budget may make you feel pressured by your shortage of funds and therefore play less aggressively than you perhaps should do. That said; only ever play at betting levels that you feel comfortable with. Remember, if the amount staked on a bet is above your head, you are playing in the wrong game. Get out while you can.
Knowing when to walk away
What often separates the winners from the losers in online casinos is winners know when to leave the game when their pockets are full and losers know how to restrict their losses to affordable amounts. Savvy online casino players never ever allow themselves to get financially broken at the tables. Minimising losses is the key. You can not and will not always win. If you are on a losing streak, keep it affordable – take a break.