We will be examining a number of areas where many bettors get it wrong. These perspectives have evolved from many years of experience and communication with both successful and unsuccessful players.
The aim here is to focus on common areas of breakdown in the hope that your learning curve can be greatly shortened.
After taking into consideration the following points, you may be able to avoid the pitfalls many fall into when playing at new mobile casinos.
1) Not Using Betting Banks or Improper Bankroll Management
Most gamblers do not realize the best way to achieve a healthy and sustainable long-term profit from playing at new mobile casinos is to make sure you are not using money from your main finances and using casino bonus codes. You should have a bankroll set aside solely for the purpose of gambling.
Whatever strategy or system you use, whoever you follow or service you subscribe to, you must use a “Betting Bank” that offers built-in advantages. It needs to be separate from your personal finances, like when using casino bonus codes, which takes a lot of the emotion out your decision making process when betting. Emotions are strong factors that threaten all punters.
Of course, the size of your bankroll will be dependent on your individual circumstances and free capital available. No financial advisor would advise one to put all their eggs in one basket, so to speak.
The larger majority of players fail to use any form of separate bank or casino bonus codes in new mobile casinos. They use whatever money they have left over at the end of the week or dip too far into their personal savings in excess of common sense or personal safety levels.
A professional player plays with no more than they can comfortably afford and play within their means after determining how he or she can make use of that fixed amount. Now that you’ve established how much you can afford to risk, you can move on to the next reason for failure.
2) Staking Incorrectly
It is key that you consider your betting bank as a fixed amount. Unless you have an endless pool of resources, betting by its very nature is fraught with innate risks. These include periods of low win rate and losing runs. Your bankroll should be able to sustain you through these periods.
You must prepare yourself in advance for the possibility of worse than average sequence of losing bets, adapting the number of betting units in your bank.
Having a method for staking with a mathematical advantage also helps one conquer the prospect of emotional effects relating to a series of unusually negative or positive results in new mobile casinos.
For example, if you are a roulette player, even with using casino bonus codes, gamblers have been known to have endured runs of losses in a row. During this time, if they didn’t have sufficient bankroll to overcome an unfavorable run, they would go bust.
Despite long term profit potential of using casino bonus codes in new mobile casinos, the vast majority of players who have set aside an insufficient amount of funds will suffer a failure to emotionally cope with a losing run.
There are long established systems with high strike rates which are able to protect betting banks of clients against long losing streaks but only if they stake correctly. That is the basis of winning money in new mobile casinos. You must manage your accounts in a way that safeguards them from the level of risk casino gambling presents.
Click here to continue with Part 2 in our series.