You’ve just visited your favorite online casino, deposited some money, and started to play some online pokies hoping to have fun.
However, things are not going as expected even after claiming a bonus.
You’ve ended up losing all your money and you can’t even afford a beer.
It seems Lady Luck is not willing to favor you today.
What should you do if you find yourself in such a situation?
These 5 tips will help you retain your bankroll for the longest time possible.
Work with Small Budgets
Mini-budgets allow you to play without worrying about losing too much money at once.
For example, you may decide to have a monthly limit of $250, and a daily limit of $50.
This strategy will keep you playing for a whole month even if you lose every round.
Withdraw Your Money
It’s not easy to withdraw the money you’ve just deposited, but withdrawing can save your bankroll.
Withdraw your deposit if you hit the minimum win target to avoid losing everything.
Lower Your Bet
It’s possible to win nothing even after spinning the reels numerous times.
If this happens, you are likely to keep on betting and end up losing all your money.
The best option is to lower your bet if your bankroll starts to go down.
This approach will allow you to play several times and increase the chances of claiming your money.
Understand Your Variance
Low variance games are largely about getting a cold or hot streak to lose or win.
Some good examples include blackjack, baccarat, roulette, and pai gow poker.
In contrast, games with high variance are generally about luck.
This means you are most likely to lose, but one round can be your winning round.
Such games include online slots, scratch cards, keno, and video poker.
The best strategy is to make sure that your bet is inversely proportional to the variance.
If you are not sure of the variance, try the free version of the game.
Control Your Emotions
It’s important to stay calm if you’ve been chasing losses to avoid draining your bankroll.
Take some time to relax and have a snack.
Stop playing if you are terribly frustrated.
Don’t forget to share the tips we’ve not mentioned here.