Casino Money Management: Simple Rules for Maximum Enjoyment

One of the most important aspects of responsible online casino gambling is paying careful attention to money management. What the heck is money management?

First and foremost it is the ability to monitor how much you will spend on gambling. Reckless spending causes the most problems in gambling as it identifies a lack of understanding for the basic principles of playing responsibly.

Second money management is the ability to play proportionally to ones bankroll. This will ensure the use of your money available for gambling in the most efficient manner. Here are some money management skills you need to consider when playing casino games.

Decide before starting to play what your bankroll is for the session. Your bankroll is the funds that you have set aside for gambling. Dont get caught up and spend more than you initially decide upon. This requires discipline! You need to decide before you start playing how much money would be considered a winning session for you. Be realistic. Choose your bets wisely and play proportionally to your bankroll. If your bankroll is 100.00 dont play 25.00 hands! Chances are you will play a minimum of four hands and be disappointed with your experience. However, with a 100.00 bankroll if you play 5.00 bets you will play at least 20 hands and if you play 1.00 bets you will play at least 100 hands. Therefore playing proportionally to your bankroll improves your odds as your session will last that much longer and increases your chance of winning. Stay sharp and alert. Playing for long periods of times can make one tired and reckless. If you are fatigued quit while you may still be ahead.

If you find yourself in the midst of a losing streak its better to just accept it. Avoid chasing your losses. Chances are you will blow your bankroll under these less than optimum conditions. Emotional tendencies can also lead to recklessness. Try and stay calm and stick to the basic strategy. Most importantly, know when to leave!

If you keep these rules in mind you will help have a more enjoyable online casino gambling experience. Good luck with your play.

Bonus Hunting: An Online Casino Gambling Sure Thing?

Most online casino gambling aficionados play hard and they play to win. But theres an alternate strategy (no, not to lose that would be silly!): a strategy more conservative, more demanding of discipline, as well as of considerable more questionable merit than straightforward online casino gambling, but with significantly higher odds of a player walking away from the (computer) tables with more dough than he or she started with. Its called bonus hunting and its the closest thing in online casino gambling to a sure thing. So why isnt everyone doing it? That question is the subject of this article – why not bonus hunt?

First lets lay out the practice for you. Peruse gaming site reviews on sites like www.casinobrain.com and www.poker-ranking.com and you will see that almost every one offers a Bonus upon sign-up. It may be called a Sign-Up Bonus, a Welcome Bonus, an Initial Deposit Bonus, a First Deposit Bonus, a Match Bonus but whatever its name, the concepts the same.

For signing up and making your first deposit (or purchasing your first stack of chips), the online casino gambling site will give you some percentage of that amount in bonus chips. As soon as you make the deposit, the full amount of the bonus is added to your player account.

But, of course, theres a catch you must wager an amount equal to some multiple of the pound amount of either your bonus or your initial deposit (depending on the online casino gambling site or poker room) before you can withdraw any of it.

As you can probably guess, in the process of meeting your wagering requirement, two things are likely to occur:

1. You lose some or all of the bonus amount and some or all of your initial deposit too

2. You enjoy the online casino gambling experience at that site so much (or have lost so much money you just cant let yourself walk away) that you deposit more and more money and just keep on playing

What Bonus Hunters have discovered, however, is that by only playing at the lowest stake tables (ie. 1 cent video poker), they can severely minimize the percentage of their bonus thats eaten away in the process of fulfilling the wagering requirements. It is unlikely that a bonus hunter will come out ahead. It is even highly unlikely that the bonus hunter will walk away with most of the bonus. But theyll probably walk away with some of it and get their initial deposit back.

So what are the drawbacks? Well, get ready, cause there a bunch more in fact than you may realize. To put it plainly, bonus hunting is fraught with its own inherent challenges and flaws, not the least of which is its yield. What bonus hunters happily lose in risk, they gain in time commitment. Playing not to win but to not lose takes a ton of time, and youll probably find the reward not worth the absence of risk at all (think: 50 cents an hour might as well get a minimum wage job).

Not all bonuses are built alike you must hunt (thus the moniker) for the biggest bonuses (percentage-wise) with the lowest wagering requirements and the lowest stakes games (giving you the greatest chance of keeping most of your bankroll safe). Thats a mighty tall order. When you consider this, the pool of potential targets suddenly dwindles considerably. Likewise, the amount of time youll spend trying to find an online casino gambling site to hit will increase exponentially the more you do it.

And theres always the fact that if you choose unwisely, you could lose it all.

Online casino gambling sites dont like bonus hunters is it any wonder and as such, if youre ever tagged as one, you may be permanently locked out of the casino, forced to give up any winnings, and find yourself blacklisted not only from that casino but from its affiliates and sister sites too. Try it at your own risk.