How to Lose Less When Playing Online Casino Games

By  //  September 7, 2022

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Online casinos have made a massive impact on the casino industry. In just a few years, they managed to become highly profitable, and according to experts, they will be the biggest profit-makers by 2025.

The reason why players love them so much is that they are superior in almost every aspect when compared to land-based casinos. 

One of those advantages is the easy accessibility and 24/7 availability. Since they operate online, you can enjoy their games anytime and anywhere.

Additionally, because online casinos utilize the latest HTML5 technology, you can enjoy their games on any desktop or mobile device (iOS or Android). 

However, the fact that online casinos can be reached easily has opened a problem for some– gambling fans are more likely to develop an addiction. That is why there are many problem gambling sites, and why USA’s very own American Gaming Association promotes responsible gambling or the UK’s GAMSTOP, to help players be responsible and make sure that they don’t lose a lot of money when playing casino games. 

You can also make some additional steps to ensure that you do not lose a lot of money, even if you’re not experiencing gambling addiction and are just a recreational gamer.

That is what we wanted to focus on in this article. We will provide you with a few guidelines on how to lose less when playing online casino games. So, without further ado, let’s start breaking down the details.

Create a Budget and Stick to It

The first and most general tip on losing less when playing online casino games is to create a specific budget and always stick to it. Your chosen payment method operator might even be able to set a specific limit on casino transactions, which would be a fantastic thing to do. 

You can set a monthly budget, and you will minimize your potential losses by making sure you don’t cross it. 

Deposit Small Amounts

Next up, never try to deposit large amounts of money into your account. Instead, deposit small and wager small. There’s no need to wager higher amounts of cash as nobody can guarantee you a win. Remember, Random Number Generators power online casino games, and it is impossible to determine the outcome of one. 

Use Bonuses and Promotions

Bonuses and promotions are among the best features at an online casino. They give you various rewards, and the casino bonuses either help you win higher rewards or lose less. One thing worth mentioning here is that all bonuses come with terms and conditions that you need to meet before you can cash them out. 

The most essential T&C is wagering requirements, which state the amount you need to roll over before withdrawing. Here’s an example. If you deposit $10 and get a $10 bonus with a wagering requirement set at x35, you need to wager a total of $350 on the games to claim the bonus. 

When it comes to losing the least amount of money, no-deposit bonuses are the best type of bonus you can claim. 

No Deposit Bonuses

As the bonus name itself suggests, these bonuses are claimed without making a deposit. There are three types of no-deposit bonuses – Free Cash, Free Spins, and cashbacks, and we are more than happy to explain all three to you. 

Free Cash

Some online casinos are known to provide players with Free Cash just by registering at their site. These bonuses are most commonly found at new sites looking to attract more customers to their platform. Free Cash can only be used on specific games, so make sure that you read the T&Cs. 

Free Spins 

Free Spins are the most popular type of no deposit bonus. They can only be used on online slots, and even though they come with many terms and conditions, they are an excellent way to save money while playing casino games. 

Cashbacks

Finally, the third type of no deposit bonus is cashback, which is the easiest to claim out of all three, but it does have a negative impact. To claim cashback, you must lose a certain amount over a period. Then, the online casino redeems some of that amount. 

Play Slots with Low and Medium Volatility

Online slots are by far the most popular online casino games. They have tons of features through which they differentiate from one another. One of those is the volatility rate, which is an indicator of how often the slot pays. 

The higher the volatility rate is, the bigger the wins can be. However, a high volatility slot machine doesn’t pay as often as a low volatile slot. The low volatile slot machines pay out more frequently but not as high wins. 

There are three main types of slots, based on their volatility: 

■ Highly volatile = Bigger Wins but not so often wins, see list of the 20 most volatile online slots at this website

■ Medium volatile 

■ Low volatile slots = More frequently but not as big wins

High-rollers are fondest of high volatility slots. A progressive slot is the best example of an online slot with high volatility. But, since the goal here is to lose less when playing online casino games, you should always go for either low or medium volatile slots. 

They are far simpler to play, and the minimum bet limit can be as low as $0.01. Additionally, considering that low and medium volatile slots are the most popular, you will have tons of options at your disposal. 

Play Smart

There’s no denying the fact that online casinos managed to revolutionize the gambling industry. They are easier to access than land-based casinos and have tons of perks, such as greater security, far more games to choose from, feature rewarding bonuses and promotions, and many payment methods. 

But, since they are so easily reachable, you might be more likely to lose more money, which is why you need to keep yourself in check and control the funds. The online casino tips mentioned above will help you do that.