Winning at online casinos is almost impossible. But it’s not entirely impossible. In fact, most online gamblers have won at least a handful of times. But because of the house edge, winning over the long haul is an entirely different issue to tackle.
To have the best chance to win, you have to do everything perfectly. This means that even a single mistake can be deadly to your bankroll.
This article includes six mistakes that hurt online casino gamblers. And the same mistakes hurt mobile casino gamblers. Learn about each of these six online casino mistakes, then find out how you can avoid them. This is going to give you the best chance to be an online casino winner.
1 – Skipping Research
You have hundreds of choices when you start looking for a real money online casino. With so many choices, it’s easy to make a mistake. A big mistake that many online casino gamblers make is taking the easy way out and just playing at the first online casino that they find.
If you’re patient and spend a little time doing some research, it can save you a lot of pain and aggravation in the future.
Here are a few things to learn about online casinos before you start playing for real money.
How long has each online casino you’re looking at been in business? The oldest online casinos aren’t always the best, but the longer they’ve been around, the higher the chances that they’re safe.
Does the online casino have a long track record of taking care of gamblers, or are there hundreds of complaints online?
Deposit and Withdrawal Options
An online casino doesn’t need a lot of deposit and withdrawal methods, as long as they are options that you can safely and easily use.
Software and Games
What software developers or group of software options does the online casino use for their games? Is it trusted or something new and unheard of?
2 – Not Looking at Withdrawal Options
I mentioned this in the first section, but it’s so important that I decided to cover it in more depth. And this is something that most online casino gamblers ignore or don’t even think about until it’s too late.
Let’s say that you made a deposit at an online casino. You get lucky and hit a $100,000 jackpot. But when you try to take the money out, you find that there’s no easy way to get your money.
This isn’t the first thing I investigate when I’m researching the top online casino sites, but it’s high up on my list. The first thing I look at when evaluating any online casino is the safety of making a deposit and actually gambling there. Looking at cash-out options is the second thing I look at.
Not only do I want to know that they offer at least one withdrawal option that I can use, but I also want to know how difficult it is to get the money and how long it’s going to take.
I can’t personally recommend the best banking options because you might have access to options that I can’t use, or vice versa. But one thing is for sure: Everyone should learn about cryptocurrency and its advantages at online casinos. Although, the most important thing is to keep in mind that there should be at least one or two good options for you at the site before you start gambling.
3 – Getting Bonuses That You Don’t Understand
It seems like every online casino offers at least one bonus option, and many online casinos have multiple bonus offers. It’s easy to jump on a big bonus when you see one, but the big bonus isn’t always the best bonus.
In fact, in some cases, you’re better off gambling in an online casino without a bonus.
How can an online casino bonus be bad?
Sadly, the answer isn’t simple. This is because there are many different ways an online casino bonus can be bad. And the only way you’re going to know if an online casino bonus is bad is by taking the time to read all of the terms associated with every bonus you’re considering.
When you get an online casino bonus you’re agreeing to follow the rules the casino sets for the bonus. These rules contain things like how much you have to risk before you can get a cash out and whether or not you get to keep the bonus when you make a withdrawal.
Reading the rules is time consuming and boring, so most gamblers skip them. But this is a mistake that you can’t afford to make.
4 – The Speed Trap
Online casino games are easy to play, and you don’t have to wait for other players to make plays or wait for a dealer to move the game along. You have the option to play most online casino games as fast as you can click your mouse button.
At first, this seems like a feature or benefit. But smart online casino gamblers understand that this can be extremely dangerous to their bankroll.
You don’t want to play online casino games as fast as you can. You want to play online casino games in ways that either help you win or limit your losses. And playing too fast is one of the worst mistakes you can make when you’re trying to limit your losses.
If you’re losing $1 for every $100 you bet, do you want to bet $100 more times or less? Of course you want to risk $100 fewer times so you can lose less. But most online casino gamblers risk more because they play too fast.
It’s even worse when you’re losing $5 or $10 for every $100 that you risk. And this is exactly what happens when you gamble in online casinos.
5 – Making Bets That Are Too Big
This goes hand in hand with what you learned in the last section. When you play online casino games too fast, you risk too much money. And when you make bets that are too big, you also risk too much money.
Consider two examples to see how much playing too fast and making bets that are too big cost you.
In the first example, you make bets of $10 per hand and play 467 hands every hour. In the second example, you make bets of $1 and play 107 hands every hour.
You’re risking $4,670 every hour in the first example and $107 every hour in the second example.
Now, let’s say that you’re losing 2% on average on each dollar you risk. This is a realistic number depending on what casino games you play.
In the first example, you’re losing $93.40 every hour. In the second example, you’re only losing $2.14 every hour.
These examples clearly show how making bets that are too big and playing too fast is a mistake and costs you a great deal of money when you gamble in online casinos. The amount you lose is directly tied to how much you’re risking.
6 – Not Playing Casino Games With High Returns
In the last section, you saw two examples that show how the amount of money you lose is tied to speed of play and bet size. But the other factor is the percentage that you lose on average on each bet.
You can judge this in two ways. You can look at the return to player percentage or the house edge. These are both showing you the same thing in different ways.
The return is how much you win back on average from each bet you make, and the edge is the amount on average that you lose on each bet.
This means that the online casino games that offer the highest returns also offer the lowest house edge. And when you play online casino games with a high return and low house edge you lose less. So, you need to find the online casino games with the highest returns.
When you find the online casino games that offer the highest returns, you also need to use the correct strategy when you play them. This is going to give you the best chance to win when you play in online casinos.
If you’re not spending enough time doing research before playing in online casinos, you’re making a mistake. You need to research each online casino before you gamble for safety reasons and for the best games.
Always look at the cash out options to make sure that you can safely get your winnings out when you’re done gambling. And take a close look at every online casino bonus before accepting it to avoid any nasty surprises.
If you bet too much or play too fast, it’s going to be hard on your bankroll. Finally, take a few minutes to find and play the online casino games that offer the highest returns.
Michael Stevens has been researching and writing topics involving the gambling industry for well over a decade now and is considered an expert on all things casino and sports betting. Michael has been writing for GamblingSites.org since early 2016. …