Casino Money Management

It is imperative that anyone who plays online casino games must first understand money management. Before you start playing you must be clear about how much money you can afford to play with and how much you can afford to loose should your luck turn bad. Set yourself a budget and do not get tempted to exceed that budget no matter what, even if you are on a winning streak. Most importantly, do not let your emotions control your purse strings.The temptation to push your luck during a winning streak in the hopes of making an even bigger win, or to bet big during a losing streak can spell disaster for your pocket and your game play. Being able to control these urges is the secret of having a successful and enjoyable time. Betting erratically can quickly turn moderate wins into big losses and moderate losses into even bigger losses. Not the way to go unless you have very deep pockets.You should plan ahead and prepare for the game. Think to yourself, “how would I handle a big win?” “How would I handle a big loss”. And most importantly “how do I keep my head straight so I don’t loose control of my budget?”In any casino game played for money where luck plays a role, fluctuations in winnings and losses are to be expected. It’s your ability to successfully deal with these ups and downs that will ultimately determine how well or poorly you do at the tables. Below are what we at Jackpot consider to be the three most important rules of money management when playing any online casino games.What can you afford to loose?
Never play with money that you can’t afford to loose. Do not gamble with money allocated to other things, no matter how much you think you can win. Remember, no bet is ever sure or else it wouldn’t be called a bet. Loosing big when you can’t afford it can cause all sorts of problems.Set a budget
Budget properly and make sure you allocate enough to spend moderately. Under funding yourself can leave you open to incurring big losses. If you had very little money deposited at the casino a normal downward trend can wipe out your money leaving you with very little or no money to recoup your losses. More importantly, a small budget may make you feel pressured by your shortage of funds and therefore play less aggressively than you perhaps should do. That said; only ever play at betting levels that you feel comfortable with. Remember, if the amount staked on a bet is above your head, you are playing in the wrong game. Get out while you can.Knowing when to walk away
What often separates the winners from the losers in online casinos is winners know when to leave the game when their pockets are full and losers know how to restrict their losses to affordable amounts. Savvy online casino players never ever allow themselves to get financially broken at the tables. Minimising losses is the key. You can not and will not always win. If you are on a losing streak, keep it affordable – take a break.Don’t drink
You should only ever play with a clear head. Never ever play when you are tired or drunk as it can blur your perception.Keep two piles
Another good tip is that when you are winning big you should put a good chunk of these winnings in a ‘do not touch’ pile, and play only with the remainder of your money. The last thing you want is to give all of your winnings back to the casino. If a losing streak does creep up on you, you will still have some of your previous winnings set aside. Get out of the casino site when you are still ahead and live to play another day! Follow these simple rules and you’ll ensure that your time in any online casino is a safe and enjoyable one.

Online Casino Bonuses Explained

Types Of Online Casino BonusesIf you’ve ever considered playing at an online casino, you should be aware that the vast majority of them offer cash bonuses as an incentive to play. While there are some generous offers out there today, being made, it’s very important that you understand how casino bonuses work and understand the terms and conditions of the offer.The No Deposit BonusSome online casinos offer players free cash with no deposit required. These can be a great way to get started playing and to get a feel for the games at an online casino, but be aware of the complete terms of a no deposit bonus. In some cases the casino will require you to register a credit card to claim the free cash. This doesn’t necessarily mean they are trying to steal funds from your card. There are reputable casinos who do this as a security measure to avoid bonus abuse and players claiming multiple accounts. It also gives the casinos a better chance of weeding out the bonus hunters from more serious players. At the same time, be aware of rogue casinos and do your homework before you sign up and play at any casino. Some casinos require you to make a small deposit in order to cash out your winnings from a no deposit offer. Some online casinos also require players to make a small deposit before cashing out winnings from a no deposit offer, again due to bonus abuse of other players. Wagering requirements and game restrictions often apply to this type of bonus.The Cashable Matching Deposit BonusMany internet casinos offer a percentage match bonus when players make a deposit. These are pretty self-explanatory – for a 200% bonus, for example, you would deposit $100 and the casino will add another $200 to your account. These bonuses typically range anywhere from 10-250% or more. This type of bonus almost always requires the player to wager through the deposit and bonus a certain number of times and usually only certain games count towards the wagering requirements.The Sticky BonusA sticky bonus is just that – it can never be cashed out. This may sound like a bad deal at first, but actually can be a great deal for a player. You can use the “money” from the bonus account to wager as much as you like. Even though the bonus itself stays put in your casino account, you will have more money available in your account to wager longer with that much more of a chance to hit a big jackpot or build up some good winnings at a table game like blackjack. We have seen some online casinos offer sticky bonuses that have been quite generous, in some cases over $300 and more.Wagering RequirementsWagering requirements can be rather high at many online casinos nowadays. Some casinos require you wager as much 20 times your deposit and bonus amount or more before cashing out. There was a time that you only had to wager through your deposit and bonus once before cashing out at an online casino! Due to the high costs of this type of promotion and bonus abuse, wagering requirements have been raised considerably at virtually all online casinos.Note that in some cases sticky bonuses carry no wagering requirements – this can be a great deal if you come across this type of promotion.Game RestrictionsIn many cases only certain games count towards the wagering requirements of the bonus offer. It’s common to see Slots play count towards the wagering requirements. Games like Blackjack and Roulette are often excluded from the wagering requirements.Always, ALWAYS read bonus terms and conditions.You’ve downloaded the software, you’ve signed up and created your account and logged in. you’ve made your deposit and you’re ready to play. But do you really know what you’re getting into? As you can see there are many different kinds of bonuses and you need to know the wagering requirements, games restrictions and other terms and conditions when you play. Some online casinos will simply tell you that you need to but in some cases your winnings can be forfeited if you do not follow the promotional terms to the letter. So unless you’re only there for a good time and don’t care about your winnings, knowing the terms and conditions of a bonus offer is essential. If you are comfortable with a particular casino and it’s promotional bonus offer, you might as well claim the free cash. If you’re going to play anyway, you might as well accept the free money offer.If you aren’t comfortable with requirements of a bonus offer, pick another casino to play, or consider simply depositing without claiming a bonus. Many online casinos offer better odds and payouts than Native American casinos or even Las Vegas casinos, so often you still are getting a good deal for your money. Also, nothing can compare with the comfort and convenience of gambling at home in your pajamas.