How to Minimize Losses When Gambling?

Gambling is supposed to be a fun activity with a fine percentage of winning chance but there are equal chances of losing. The process of gambling online favours a player more as compared to a land-based casino, but still, there are a number of important factors which have to be taken into account if you want to be a successful gambler. The online gambling starts right from choosing an online casino to choosing the right amount to bet and the number of paylines to bet on. You can read casino reviews online on multiple websites and select a group of casinos to try just like Best UK casinos which would be helpful for the players from the United Kingdom, and you can search according to your country.

As we have mentioned earlier, there are a number of factors involved in gambling, and you have to take care of each one of them in order to be a winner. We would like to cover the most important tips in order to minimize losing while gambling as suggested by the gambling experts. Here are a few points which could help you out while gambling especially if you are gambling online.

Choosing the Right Casino

You should try to search for the casinos with the best policies for the gamblers. It would be difficult searching online, but eventually, you will find a casino which matches your preferences. If you are going to gamble online make sure that the casino you are choosing provides you with multiple bonuses so that you can play few games without spending your money to get to know the rules and regulations properly without risking anything.

Creating an Hourly Budget

You should create an hourly budget which should determine how much you are going to spend per hour on gambling. After each hour you should calculate your wins and losses to determine whether you are going downhill with your investment or is the risk paying off? Instead of taking gambling as a sport you should deal with it as your business and your bets as an investment. Even if you are losing, you should give 2 to 3 hours to yourself before calling it a day.

Choosing a Game with a High RTP

Always choose a casino slot which provides you with a high Return to Player (RTP) percentage. By choosing such a slot, you would automatically increase your winning chances. In addition to this, you should go for the smallest possible bet in the start, so you don’t lose all of your money right in the start and you can keep betting if you want to even if you are betting small. Once you get to know the gameplay properly and you feel confident that the luck is also favouring you, then you can go for the big prize.

Reduce the Speed

You should reduce the speed of the game if you are losing by playing less number of hands or spins every hour. Even if you are not in control of the factors that determine the speed of the game for example if you are playing baccarat you can take a break after each hour to achieve this objective. In this way, you would be able to decrease your loss rate on an hourly basis.

Activate the Paylines Accordingly

Always start with activating a fewer number of paylines if you are trying a new slot. You can also activate all the paylines if you want, but in this case, you should bet the minimum amount on every payline. With this strategy, you would be able to test whether your bets are paying off well or not in very few spins and with a minimum possible amount. You can increase the number of bets or the paylines anytime in most of the games unless you are playing a slot with fixed paylines.

Minimizing the House Edge

In most of the games especially poker and blackjack it is possible to minimize the house edge of the casino. Normally the casinos create such a situation that it is harder for you to perform this task, but if you are determined, you can definitely accomplish it. You should try to count the cards and find the best game possible as it reduces the house edge to half or even more. It is not necessary to count all the cards but only the ones which have been played. Counting cards aren’t something difficult as you only have to subtract numbers and make estimates using division problems. If you are playing a simple slot, you can reduce the chances of losing by playing with the bonuses provided by the casino instead of spending your money on each bet.

Final Words

Although online gambling or gambling on a land-based casino involves a lot of risks by following these techniques you can reduce the risk. Once you are able to reduce the risk, you can spend more money on betting. As a gambler, you should be looking for a slot with supportive gameplay so that the chances of loss are as minimum as possible. If you are a newbie you should start with the slots that provide a chance to start with small bets and even if you are an expert it would be suggested to go for the slots with a medium betting range and multiple bonuses or jackpots so that you can get a good return of your investment whenever you win.

the author

He’s a cat. He likes to play video games. He often has a hard time with this since he’s a gamer cat living in a gamer human world, but he gets by.