You may think you are a rather strategic gambler. And you probably are, to a point. However, online casinos are different from land-based ones and require a few tactics that are unique to the platform. In this article, we will review a handful of the best ways to maximize your earning potential when you visit an online gambling site.
Take Advantage of the Bonuses
Bonuses only exist at online casinos. If you have visited several different gambling sites, you will know that bonuses tend to differ from site to site. There is a reason for this. Sites are competing for players like you and will use signup bonuses and other perks to draw you away from other sites that are doing the same thing. Online casino bonuses come in many forms but are, essentially, credits you can earn to your gambling account. Learn more here.
What many online gamblers fail to see is that although some of these rewards seem a bit extravagant and hard to believe, they are legitimate. Online casinos know that a high percentage of their membership will be gamblers who never seem to win very much but keep topping up their gambling accounts. These are the players who indirectly finance the massive bonuses offered at the site. So, when you join, take advantage of the bonus being offered.
Track Your Bankroll With Skill
Probably the most important thing you can do to maximize your winning at the casino is to keep a close eye on your gambling bankroll. This will determine whether or not your session is profitable. Essentially, you set aside an amount of money that you have earmarked for use in gambling only. It should be an amount that you can lose and not be financially strapped should that occur. This amount will be what you will identify as your bankroll.
Next, you need to figure out a percentage range for your betting. If your bankroll is $1,000, you may choose to use 5 percent of that to gamble within a single session. By doing this, you don’t drain your bankroll chasing after losses. Finally, you must track your wins and losses as this will tell you whether or not you have been successful. Try not to complicate your tracking as it will be the most important factor in maximizing your earnings at the online casino.
Set Limits For Your Wins and Losses
This is another piece of strategy that works alongside your bankroll. Before you log onto your online gambling account, it is a good idea to decide on how much you are prepared to lose during your session. You have already determined the percentage of your bankroll you are going to use for gambling. Now you need a firm number that you are willing to lose if things go south on you as you play. Your tracking system will be vital in helping with this.
So, if you have chosen to use 5 percent of your $1,000 bankroll to gamble today, that means you have $50 to wager. You are going to win a little and lose a little. That $50 may grow to twice or three times that size or more. It may also disappear. You have to put a number in place that will be your signal that it is time to log off and come back at another time. Once you have figured out a number that works for you, you won’t be digging into your bankroll for more.
Seek Better Odds Per Game
According to Forbes Magazine, another difference between land-based and online casinos is the odds. Each machine, each game has a different percentage figure that describes the payout percentage of that particular game. When you are gambling at a land-based casino you are limited in the choices available and don’t have the option of checking the casino next door to see if their odds are better. When you are online, you can search many casinos to find the best odds.
One way to maximize your earning potential is to seek variations of the traditional games you are used to seeing at a casino. For example, Spanish 21 is a variation of Blackjack. It is a game that has better odds so you have the opportunity to capitalize on the reduced house edge and use that to your favor. As a rule, casino games that have a payout percentage of 95 percent or better are worth exploring.
Set A Time Limit
It is easy to lose track of time when you are spending time and money online. Combined with all the other tips listed above, setting a time limit is probably one of the most effective tools that will contribute to the success of your gambling session. Considering you have put controls in place with your bankroll, the amount you intend to use for betting, and the amount you are comfortable with losing, it only makes sense to add a time limit to ensure you have full control.
The time limit you set is entirely up to you. But it is always wise to start conservatively and if you find that your time runs out long before you reach your other limits, you may wish to alter your time limit somewhat. The idea is to avoid spending all night in an online casino missing out on quality time with family and friends. You still have to have a safe balance where online gambling remains a hobby and does not become an alternative to other activities.
Final Thoughts
As much fun as it is to gamble online, there are ways to increase your odds and bring you success. This means that you are no longer relying on just luck to produce a jackpot here and there. To earn better payouts, you have to employ tricks that increase your edge and not the house edge. The tips listed above will help you enjoy the time you spend at an online casino and ensure that you have the potential to end your session with a few extra bucks.
