My Bankroll Management Tips

24205285_mGamblers love to win! Actually, we all love winning! But, there is this weird psychology-proven fact that, as opposed to other people, gamblers get high even when they lose. It has something to do with producing adrenalin and endorphins, seeking entertainment and tolerating losses as an ordinary part of the game! Even though there is nothing bad to be ok with losing, the line between playing for the pure excitement of it and ending up broke or in debt is extremely thin! And more importantly, it’s entirely our responsibility to maintain a “healthy” relationship with our gambling finances. Here is how I do it!

Get the Best Bonus Offer

My top advice is to do a detailed research before picking an online casino and your game of choice. All online platforms will try and seduce you with tempting welcome bonus offers, loyalty programs, and various other treats. They know how the human brain works! We love free stuff, promo deals, or if you let me rephrase – we like to feel special. Before committing to the first offer which shows up, make sure to get to know the terms and conditions that come along with it. A really generous proposal could turn out to be a total disappointment! So, read carefully and make sure to grant yourself the best start by adding some free cash to your account.

Mind the RTP

The Return to Player indicator is the percentage of winnings awarded to the total stakes played. Each game has a different RTP and its value is very important when choosing the optimal game. The opposite of RTP is the house edge – this is the casino’s built-in profit on every bet. Doesn’t matter which of the two you will lean on, just make sure to go for the higher numbers when it comes to RTP and the lowest possible when researching the house edge. Choosing the most colourful and fun slot or the most fancy-looking roulette table may be entertaining but a good bankroll management means always putting the RTP before any other game feature.

Daily Limits are a Must

I left this one for last with the intention to make it the last thing you will read and hopefully the one you will remember for sure. Setting a daily limit is what can save you from a lot of trouble. It is basically the same as having a monthly budget! We all try and stick with it in our everyday activities, so it’s more than reasonable to introduce this good practice into our gambling reality as well. Once you have figured out your limit, make sure to never find an excuse to go over it. I know it can be tempting but it’s worth it, trust me! Discipline is the way to be successful not only in gambling but in life in general.

So, to sum it all up, I’d like to end this with two words only! Research and Self-control!