In this article, we will let you know the things to know before you play any online casino game. It would be very necessary for you to pay attention and read this article to the end as it will help you make adequate preparation before you play online casino.
TIP#1. Don’t Drink Alcohol Before Playing at an Online Casinos
This could be bad for many people to drink too much alcohol before you play online casinos. It is not advisable to drink before you play online casino games because the more you drink, the worse your decision. With this kind of tip, we are not saying don’t drink at all. You can enjoy yourself, but don’t get drunk and end up doing something stupid.
TIP# 2. Don’t Get a Credit Card Cash Advance
One tip to know before you join online casino games is to never get a credit card cash advance. It is very obvious for you to know that many of the online casinos charge fees to get a credit card cash advance. To throw more light on this, let’s say you were to take a $500 cash advance, and you were to pay 6%, and then you have to pay another 5%, your bank will charge you 5% on the other end and so that will be 11% right there. Besides this, pay interest on any money that you take, which can be anywhere from 15 to 25%, depending on your bank. So, never take a credit card cash advance because it’s pretty much riskier.
TIP# 3. Don’t Overbet with your Bankroll
Now let’s say you’re playing an online casino game in New Zealand and you have a $500 bankroll. You’d probably want to break that down in $100 because you don’t want to blow it all in one day. But also, for the individual games, ask yourself how much you’re betting on those individual games. There’s a formula for that; that is a rule of thumb that you can follow. So, what they say is on Penny slots and nickel slots because the house edge is so high if you want to play for three hours and not lose your entire bankroll. Most they say that you should have 250 times your bet and bankroll, so if you’re at a penny slot and you’re betting 50 cents and you spin 250 times that is $125; if you’re betting 50 cents a spin on a penny slot machine and you want to play for at least three hours, have at least $125 in bankroll, the same goes for nickel slots, it’s the same 250 times your bet. Once you get up to quarter slots and above since the house edge is smaller, they say you only need about 200 times your bet for quarter slots and the same for dollar slot. Now one reason they say you should do this for three hours is that there’s a lot of volatility in the game. So, you will have a lot of losing sessions and then every once in a while, you will get lucky and have a good win. So, if you don’t want to lose all your money in 10 minutes and never get that big hit. Note this tip very well. Because you will have a lot of losing spins, but every once in a while you get that winning spin to help bring you back up or put you ahead, that’s why they go with that three-hour number. So, the thing about slot machines is you play them extremely quickly, you make about 500 to 600 decisions an hour playing a slot machine. If you’re playing online, however, it’s a much slower game because other people are playing with you. The cards need to be shuffled, so it slows down the rate of play significantly.
TIP#4. Chasing Your Losses
Number four on our list of things you should note before you play online casino is chasing your losses. If you’re having a bad day at the casino, and you’re losing more than you expected, no matter what you do, it is not working very well, then you get mad and upset and you spend more money and say how long can I get this money back? That is not an excellent idea. There is a term for it in poker, it’s called, going on till. If you watch his World Series of Poker things on TV, where one guy has a winning hand, and there are only three cards on the board, and there’s still the turn in the river and the other guy has one card from the entire deck that he needs to beat the other guy with and he gets it on the river. You see that the guy who lost the hand gets pissed, and he throws his money around. He was angry because he wanted to make his money back. When you’re not playing poker just in an online casino, or you’re on the slot games, sometimes you have to admit it it’s not your day and just cut your losses and leave and save it for another day to come back and win it again later. If you have a terrible day, admit it’s not your day, and whatever you do, don’t go getting angry and try to make more and bigger bets to chase your losses. It’s an awful idea.
TIP#5. Don’t Get a Line of Credit
The number five tip on our list of things you know before you play online casinos never try getting a line of credit from the casino. If you trust yourself, you can do it, but there are some people out there that once they get the money, they just have to bet it and they can’t trust themselves. If you’re one of those types of people, then you definitely should not get a credit line from the casino, but this one is a little debatable. This is the only one on the list that could go either way. If you are still interested in getting a line of credit, then what you have to do is just apply for credit and then contact your bank, whatever the banking information, make sure you have enough in there. It is risky for you to indulge in getting a line of credit in the online casino, so make sure you plan before you take such a step. If you are aware of all these tips, then you are ready to partake in the online casino games in New Zealand.