Making mistakes is all part of being human. We all make mistakes on a daily basis, whether it is putting the wrong milk into your coffee or forgetting to finish up a report on a Friday afternoon. When it comes to gambling, even the silliest of mistakes can have big repercussions.
Even the most experienced casino enthusiast can make a mistake even now and then. In fact, it tends to happen more often than not. Time and time again, smart gamblers make errors of judgment that can lead to losses and a very frustrating evening. Gaming Club Casino takes a look at some of the most common mistakes made by smart gamblers.
Playing the Maximum Bet
Aside from slot games, there are very few casino games that increase your chances of winning if you play the maximum bet. Unless the rules of the game specifically state otherwise, whether you play a standard bet or a maximum bet, your chances remain the same. One of the biggest mistakes smart gamblers tend to make is to go big early on.
Drawn in by the massive payout stakes, players tend to see the end game before they have even gotten started. If the payout is 10X your total bet stake, it is quite easy to put down a 50 coin bet and look forward to a payout of 500 coins. However, the truth quickly sets in that in just a few minutes, you have blown your budget and have cut your night short. Playing lower bets might not pay out as much, but you will get more chances to win and a longer time to play.
Not Reading Terms and Conditions
While it is one of the most important aspects of gambling online, very few people actually take the time and effort to read the terms and conditions of the casino. Imagine walking into a land based casino and being asked to sign a four-page document filled with small type legal wording. Not many people will actually read it all before they sign and happily step into the air-conditioned hallowed halls of gaming. While land-based casinos have large signboards displaying their various terms of play, online casinos have a simple box check that you can tick off without actually reading anything at all.
This is one mistake plenty of smart gamblers make. It is vitally important for anyone who gambles online to read through and understand the terms and conditions of the casino. This is especially important when it comes to bonuses and casino promotions. It is always a good idea to check what is required before you can withdraw your winnings or cash out your bonus.
Not Joining the Loyalty Club
In both land based and online casinos, earning loyalty points is one way to improve your casino experience. For over 30 years land based casinos have been offering loyalty rewards in some form of another. In most cases these come in the form of electronic player rewards. This means that every game you play you rack up award points. These points are accumulated over the course of the day, week or month onto an in-house casino account. You can them redeem your points for things like meal vouchers, drinks vouchers, gifts and other apparel.
One of the silliest mistakes people make is to think that they are just passing through and don’t take the time to sign up for the reward. Even if you are just playing for the day, you might spend a bit more than you thought, and you might as well get rewarded for your efforts, even if it is a steak dinner.
Playing Side Bets
When it comes to gambling, the odds are generally not in your favour. It goes back to the old saying that “The house always wins”. Casino games are designed to make a profit. One mistake that gamblers make on a regular basis is to play side bets far too often. Most slot games these days offer up a gamble feature whenever a winning combination is achieved. This is a second chance to double or even quadruple your winnings straight away.
While this might sound tempting, what people forget is that a bird in the hand is worth two in the bush. The old saying means that what you have now is worth more than what you could have. Essentially, you have already won, why risk it all on a bet where you can lose everything.
Blackjack is another game that offers side bets. One such bet is where you can place an additional bet on whether your next hand will start off with a pair of aces. These bets often offer up huge odds if you manage to hit on a winner. However, the chances of actually getting the desired outcome are infinitely smaller than if you were playing a standard game of blackjack. Playing side bets can be exiting and a good way to boost your bankroll every now and then. Playing them all the time often leads to frustration and an early exit.