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***ONLINE GAMBLING DO'S AND DON'TS*** |
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There's no question that gambling has its addictive side. It's all too easy to let yourself play mind games and convince yourself that "now my luck's going to change" and ‘oh, no, it's happened again". It's a great feeling when you win and a sickening feeling when you lose. But don't feed on your happiness or disappointment. That's why knowing the Do's and Don'ts - and applying them strictly - is so vital.
It gives you the sense of proportion that will protect you in any gambling environment.
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| ***DO's*** |
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Do be philosophical about a loss
[1/4/2006 6:08:51 AM]
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Accept that you will probably lose more times than you win. That's a statistical fact. It does not reflect on you as a person. It's just the nature of things. Enjoy the moment and don't dwell about the loss, or try to win it back. If you have reached your budget limit, say OK, that's it and leave with a smile.
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Do ask questions, lots of them
[1/4/2006 6:08:36 AM]
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Try to find out as much as you can about the casino game you are playing. What are the odds? What is the house advantage? What is the level of skill required? It's your money, and you want to give yourself the best chance of success. In online gambling, use the Free Play options to get familiar with the game and look for any special tutorials to help you. Check out all the Advice and Tips sections of any gambling site. Certainly try to get some online gambling experience before trying out a real-life casino. Knowledge is power and knowledge is also money.
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Do keep a record of your results
[1/4/2006 6:08:13 AM]
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Writing down your betting results (how much you wagered every time, what happened) is a good way to keep things in proportion. It helps you track, over time, whether your system' is working or not. It is also useful when you are trying a new form of gambling. If you don't keep a record, you are relying on your memory and your ego, which may betray you.
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Do set your budget
[1/4/2006 6:07:12 AM]
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Before you enter a gambling place (online or in real life), decide what is the maximum budget you can afford to lose. Look upon the activity as a kind of entertainment for which you pay (your losses) and where sometimes you get bonuses back (your wins). Don't try to recoup your losses once your limit has been reached, because that's how family homes are lost. Be honest: if you think that you should leave your credit card behind, maybe you are not ready to gamble at all.
Once you have fixed your budget, find a table with a limit that is appropriate for the amount of entertainment time you expect. For example, if you fancy a $100 flutter all night, go to tables with a low minimum bet. If you stay at a $20 minimum Blackjack table, your money may be over in five sessions. Learn on the Internet about the games with the best returns. You'll find out, for example, that Keno and 21 have very low returns and are likely to suck away your money faster.
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Do look at your watch
[1/4/2006 6:06:52 AM]
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Ever wonder why casinos don't have windows or clocks? Ever notice how much time passes when you are engaged with your computer? The more time you spend in a gambling environment, the more likely you are to lose overall unless you know so much about the game that you can gain a statistical edge. That's why it's important to pace yourself, look at the time occasionally and take a break. You'll sharpen your thinking power and cut your turnover and losses. To play well, you have to stay emotionally cool and detached. That also helps you to apply your skills, which are important in games like Blackjack.
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| ***DONT's*** |
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Don't overstretch yourself financially
[1/4/2006 6:10:40 AM]
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Repeat ten times: "I will bet only what I can afford to lose". That means not playing with scared money or borrowing funds from friends or family to try to win back past losses. If you are on a losing streak, back off. Leave. Give yourself a break. Don't throw good money after bad. If you win, be satisfied with a small amount. Don't be greedy, because that will cause you to lose your winnings.
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Don't let the casino have an unfair advantage
[1/4/2006 6:10:02 AM]
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Find our what is the house advantage for every game you want to play. Don't waste your time on any game or wager where the declared advantage is more than 2%.
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Don't play a skill game until you've done your homework
[1/4/2006 6:09:49 AM]
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The basic formula is that a skill-based game is likely to pay back better than a zero-skill game (where every player has the same chance of a return). That's why you need to do your homework first and learn the correct playing strategies. If you join a game that you know little about, perhaps on impulse, don't be surprised at how fast your money evaporates! Leave superstition out of the picture, because knowledge is the key, not luck. When you learn, you make your own luck.
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Don't let alcohol dull your thinking power
[1/4/2006 6:09:34 AM]
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The most important asset that you bring into the gambling arena is your thinking power. So it makes no sense at all to drink excessively and slow yourself down. The casino already has an advantage over you. Why give it an extra advantage? Use your skills to win and drink for pleasure, not for false courage.
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