Since the first lockdowns, the popularity of virtual casinos has been soaring. Websites packed with state-of-the-art games attract millions of players around the world. The best of the best offer flexible payment systems, generous bonuses, and around-the-clock support. Follow our guide to hone your gambling skills.
1:Separate games of skill from games of luck
The vast majority of games in the GamblingLife collection are games of luck. They are ruled by randomness, which is guaranteed by RNGs. It is impossible to affect the results of slot spins, as outcomes are completely independent of one another. Thus, do not be fooled by “best slot strategy” guides.
Blackjack, poker, and a few other games have a strong strategic element. This is where experienced gamblers have an advantage over novices. For example, to succeed in blackjack, you need to know when to hit, stand, or double down based on the value of your hand. If you are into table games, learn as much as possible about their rules and proven strategies.
2:Compare RTP and volatility
97% RTP, or return to player, shows that for every $100 spent, you can expect to get $97 back in the long run. This average indicator describes individual games and casinos on the whole. The higher it is, the better. The difference between 100% and RTP constitutes the house edge.
In slots, there is always a trade-off between the size and frequency of payouts. Low volatility translates into relatively consistent but modest winnings. Highly volatile slots occasionally deliver some of the most spectacular prizes, such as the Mega Moolah jackpot (currently around $7 million).
3:Manage your bankroll properly
Set strict limits for daily, weekly, and monthly spending. Some casino brands allow users to limit deposits via their accounts. Gambling addiction is a major problem — around 6 million adults in the United States are struggling with it.
Never go beyond your financial limits. Calculate your budget based on the negative scenario — i.e., how much you can afford to lose. If you find yourself on a losing streak, leave the casino. Do not gamble when angry, depressed, or excited. Strong emotions always cloud common sense.
If you feel that your gambling is getting out of control, take advantage of a self-exclusion scheme. Responsible websites that users hold their gambling activities for a certain period between 24 hours and 6 months. Please note that these decisions are irreversible.
5:Steer clear of scams
The number of rogue casinos is growing by the day. They quickly end up on blacklists, but some users fail to do due diligence before signing up. Choose only licensed operators with a positive track record. For example, Yukon Gold, which has been around since 2004, is praised by users and experts. Such websites encrypt sensitive data and process withdrawals without delay.