PayIDGambler Tips: How Not to Lose All Your Deposits and Make Smart Plays When Playing for Real Money

The world of casinos is all about luck and risk. However, if you want to live your life happily, combining it with gambling, you must learn how not to lose all your funds on this activity. Therefore, it’s crucial to learn how to play responsibly. The editor-in-chief of PayID-Gambler.com, Alexis Collins, shared valuable recommendations and tips on how to make smart decisions while gambling and not let the fun become a meaningless chasing of luck.

Casino Terms You Must Know to Win

In order to win more and/or more often, you must learn how to choose the right games. To do that, you should take into consideration several factors, including game mechanics, features, RTP, and volatility. While the first two terms are clear, RTP and volatility are often vague to gamblers. Therefore, let’s have a closer look at them.

Volatility

In short, volatility is an indicator that defines how often and how much you can win in a particular game. There are three main types of volatility:

• Low — low volatile games will offer you frequent wins, but their amount will be small. Therefore, if you are happy with the mere fact of winning, while the amount does not play an important role. This type of game is just for you.
• High — high volatile games are the opposite. Playing them will make your wins rare but bigger. When gambling at highly volatile pokies, it is to start chasing your losses and eventually overspend money. Therefore, you must be careful with these ones.
• Medium — medium volatility is the golden mean. Wins will bring you average money, and they will not disappoint you by happening rarely.

Return To Player

The RTP or payout percentage shows how many of your wagers will be returned to you over time. This leads us to the conclusion that the higher the RTP level, the better. At online casinos, you are unlikely to see any games with 100% RTP, but it is common to find pokies or table games with an RTP rate of 97% or higher. Among such games are some pokies, Blackjack and Baccarat.

Alexis Collins often highlights at PayID Gambler that even though RTP indicates how many of your bets will be paid out, the high rate guarantees neither often nor big wins. RTP is the percentage of wins being returned over time, which has nothing to do with a one-time gambling session.

Keep Your Bankroll Bouncing

Here are some strategies that will come in if you want to gamble but don’t want to overspend.

Bet Smarter, Not Harder

Alexis Collins highly recommends firstly carefully going through internet guides and reviews on games, then trying out the game for free, and only then betting real money. You should be aware all the rules of the game and the features it contains. Entering the game all prepared will save you money!

Feed Your Mind

As we all know, knowledge is power. Therefore, not only should you learn rules of the game you’re about to play, but also search for strategies to use at it. Even though gambling is about luck, we humans are creative and curious creatures. Therefore, multiple strategies exist for almost every casino game.

Know Where You Play

The casino you choose to risk money at also plays a crucial role. You must be sure you are safe there. In order to find a reliable casino, you follow these steps:

1. Ensure it has a valid license. The information about it can be found on the T&Cs or About US pages. Also, don’t forget to check the validity of the document on the licensing authority website.
2. Look for the availability of certification from unbiased bodies, like eCORGA or iTechLabs. If a casino has one of them, it certainly confirms its trustworthiness.
3. Scroll the Internet looking for other players’ reviews. Reviews and recommendations from other gamblers like you can be really helpful when deciding whether to register at an online casino.

However, if you don’t want to spend time on all these steps, you can visit PayIDGambler, where their talented team of gambling experts collected recommendation of trustworthy online casinos for Aussies.

Play It Cool

A sustainable and enjoyable gaming experience is hinged on responsible gambling, as it shields players from gambling harm. Among the negative outcomes you might get from gambling is not only bankruptcy but also mental damage, such as gambling addiction. Responsible gambling practices can help in managing habits, preserve mental health, and keep betting fun instead of an unhealthy habit. So, here are some basic rules of responsible game:

1. Set strict budget limits. Determine the exact amount that you would like to spend when starting in advance. It is important you are being honest and realistic when doing that. Remember that there is no 100% guarantee you will win. Therefore, you should only choose the amount that you can afford to lose.
2. Control your gambling session. Set a timer for your gaming sessions and stick with it until the time is up. Reliable online casinos often offer gamblers to use their built-in limits, which include deposit, session time, loss limits, and self-exclusion.
3. Do not ever attempt to chase your lost money. You must remember that gambling is not a source of money. Therefore, you must know how to accept defeat as part of the game and avoid trying to recover the money already lost. What’s even better is to take a cooling-off period after a big loss or win, as it will help you get your rationality back and will not let you make impulsive decisions.
4. Take regular breaks. Even if nothing big happens during your gambling session, experts from PayID-Gambler.com highly recommend players to take regular breaks, and clear mind by quitting playing for a short while.
5. Gambling must be sober. Avoid mixing gambling with alcohol, as alcohol can easily let your guard down. Be rational when gambling, and keep your mind clear to make good financial decisions.