How to Manage your Bankroll when Playing Online
Date Added: October 19, 2014
There are plenty of useful techniques that you can use to help manage your bankroll when playing in an online casino, but one of the most important things that you must possess is self-control. If you have an addictive personality of if you find that you have little spending control qualities, perhaps you should only visit an online casino in the real money mode on very few occasions and NOT every day.
When you open a new account with any online casino, you need to make sure that you set either daily, weekly or monthly deposit limits. Most online casinos even allow you to set spending limits. If you can’t seem to find this section at your preferred online casino, contact the customer support and they should be able to point you in the right direction or even help set the limits for you.
You need to consider how much you can afford to spend/lose in the casino and you must NEVER spend more than you can afford. Set reasonable limits only. If you earn for example NZ$400 per week, once you have paid your bills and paid for your shopping etc., you could see how much you have left. You might have a couple of hundred dollars left, but that doesn’t means you should deposit your entire NZ$200 in the casino.
You could start by making a much smaller deposit of perhaps NZ$20 or NZ$30 and then try and turn this little deposit in to a profit. If you manage to win NZ$70 from your initial NZ$20 deposit, you could withdraw the NZ$50 profit and then leave the remaining NZ$20 in your casino account for another day. When you next return to the casino you won’t need to deposit and you can try and turn that NZ$20 into profit again.
Although this is a lot easier said than done, employing simple bankroll a management strategies like this can definitely improve the way you gamble. Also try to limit your sessions to perhaps half an hour or to a maximum of one hour per session and then as soon as you reached your time limit, be tough on yourself, sign out of your account and then come back to the casino on another occasion with a fresh mindset. One of the other things that you should always remember to do is NEVER try to chase your losses.