Are you managing your bankroll?

People gamble for various reasons and with the huge choice of online gaming sites available these days gambling has been made easier and more accessible than ever before. However if you’re playing at the online casino purely for the adrenaline rush or to make some money keep in mind your are putting your own cash on the line. There are several rules that you may consider sticking to while gambling. Obviously, you would apply a different set of rules if you play for excitement as opposed to gambling for profit. However the three rules below are absolutely essential.

The golden rules of bankroll management

Never gamble with money you cannot afford to loose

Keep your gambling bankroll separated from your other funds. The idea is to enjoy the game, not to get stressed out trying to win back your losses. You need to treat the funds you gamble with as money already lost. Then you can relax and enjoy the game regardless if the luck comes your way or not.

Keep track of your bankroll

Never gamble more money than you were planning to. Stick to your initial bankroll, regardless of winnings and losses. If you win you may play it over or withdraw it, if you lose do not increase your initial bankroll, rather stop the gambling session until you have more funds available for spending at the casino.

Familiarise with the game rules and available strategies

Some casino games are fairly easy and do not require any strategy to play. Slots, casino war or video poker are typical examples. Other games, such as blackjack, are partly games of skill and knowing the rules and strategies will minimise casino edge and increase your chances of winning. It is advisable to follow at least the basic strategies. It will not only minimise the risk but also introduce more excitement into the game.