Here are some do’s and don’ts to keep in mind when you’re gambling. Do:
- Set a stop/loss strategy for your gambling session, and stick to it. A stop/loss strategy is where you set limits on how much you are willing to lose AND how much you are willing to win. For example, if you start with a bankroll of 200, one stop/loss strategy would be to (a) stop if you lose 200, (b) pocket 200 when you reach 400, and then continue to play with the remaining 200 until you (b1) lose it or (b2) win 200 more, at which point you would stop.
- Know the rules of the games that you’re playing.
- Tip the dealers and drink staff even if you are losing. You’re tipping for their service, not for your run of good or bad luck.
Don’t:
- Drink to excess when gambling. Alcohol suppresses inhibitions and increases the chance that you will wager more than you’d planned.
- Bet more than you can afford to lose. If you are betting money that you need for food, shelter, and clothing, then you’ll find yourself in a tough spot very quickly. (If anyone reading this finds themselves in this situation, please seek help at GA.)
- Give unsolicited advice to other gamblers. It’s rude. For example, when playing at a blackjack table, don’t tell others how to play their hand (unless they ask you, of course).
Online gambling has its own unique do’s and don’ts in addition to the ones listed above. Do:
- Try out the site before you make a deposit. Many sites allow you to play in practice mode so you can see if you’d enjoy playing there. In addition, some sites offer free, no-deposit bonuses that you can use to try the games risk-free and actually have a chance to win real cash.
- Get a bonus on your initial deposit. Many sites offer to double, triple, or even quadruple your initial deposit as an incentive to play at their site. If you get a bonus, be sure that you read the site’s bonus terms and conditions so that you understand if there are any restrictions regarding the bonus. (I’ve written an extensive article on bonusing that you’ll want to check out.)
- Use a NETeller e-wallet to fund your online gambling accounts. It’s fast and secure, and it much more convenient than credit cards (in fact, most online casinos no longer accept credit cards). If you do not already have a NETeller account, you can get a 10% bonus by contacting me prior to opening your account.
- Make sure that the gaming sites accepts players from where you live. With the recent passing of the Unlawful Internet Gambling Enforcement Act of 2006 by the United States, some sites have stopped accepting US-based real money players from some or all states. You can find out which sites accept players from where you live at The Online Casino Gambling Directory; the sites listed there have an icon that indicates if they accept players from all or parts of the United States. Here are the lists of all online gaming sites that accept players from various locales.
Don’t:
- Expect to be paid right away. When you withdraw, it usually takes several business days for the money to appear back in the account that you used to make the deposit.
- Provide false information when registering at an online gambling site. Sites can use this fact to void your winnings!
- Go anywhere other than The Online Casino Gambling Directory to find online gambling sites. The Online Casino Gambling Directory is listed as one of few Reputable Gaming Portals by eCOGRA, and is really the only site you need to find gambling sites and related information. (OK. That was a shameless plug — but it’s true!)