Mistakes to avoid before playing at an online casino
The world of online gambling is vast, and it takes some time to explore. Madness Bonus wants to guide you on your journey through this exciting world and help you avoid the most common mistakes. In this article, you’ll discover 5 mistakes frequently made by inexperienced players.
We hope this short guide will help you get started with online gambling. Happy reading, and good luck!
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#1 – Choosing a casino without doing your research
There are countless online casinos out there, and choosing the right one to play at is no easy task. While most of the time it’s the welcome bonus that makes you pick one casino over another, there are other factors to consider.
Among these factors are the casino’s licence, bonus terms and conditions, live chat efficiency, weekly and monthly withdrawal limits, payment and withdrawal methods, and the range of games…
Yes, that’s a lot to take in. But don’t worry – the Madness Bonus team is here to make things easier. We’ve put together full reviews of online casinos for you.
#2 – Entering incorrect personal details
Whether it’s intentional or not, never enter incorrect personal information when signing up at an online casino. Why? Because when casinos process your withdrawal requests, they make sure the details on your bank account and documents match the information on your account (name, surname, date of birth…).
There is absolutely no benefit to hiding your personal information from a casino. Online casinos are trustworthy and take care to protect your personal data.
If your documents don’t match the information provided, the casino may assume you deliberately lied. Even worse, they might think you have multiple accounts (which is not allowed). In either case, the result would be that you cannot withdraw your winnings because you attempted to deceive the casino. Trust us – you don’t want to find yourself in that situation.
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#3 – Not managing your bankroll or sizing your bets properly
Among the mistakes commonly made by new players, this one is very frequent. Whether it’s because they’ve seen big bets on Twitch streams or simply out of inexperience, some players tend to bet too high for their balance. For example, if you start with a balance of £100, we recommend making small bets of around £0.10 or £0.20. The goal is to make your session last longer. Any amount above that could see your bankroll disappear in no time.
As your balance grows, you can gradually increase your stakes. Also, don’t hesitate to regularly withdraw small amounts. It’s better to be cautious than greedy and risk losing your entire balance. You’re free to bet between £0.50 and £1 per spin with a starting balance of £100, but that’s very risky.
For more information on bankroll management, check out our guide: Bankroll management at online casinos: smart betting.
#4 – Not reading the casino’s terms and conditions
Many players make the mistake of not reading the casino’s terms and conditions, and are then surprised when the casino makes a decision they don’t like. If casinos have written a general terms page, it’s so that players know exactly what they’re signing up for when registering on the site.
While you’re eager to play as soon as you deposit your bonus funds, there’s often an active bonus in place. Most of the time, when you activate a deposit bonus (or free spins), you must complete a wagering requirement before making a withdrawal. During this wagering phase, most casinos impose specific rules, such as a maximum bet of £5 per spin, for example.
For more details, check out our guide: Wagering at online casinos: how to clear a wager.
#5 – Playing without a set budget / chasing losses
Playing without a budget and/or chasing losses are common mistakes made by online casino players. A casino should always be seen as a recreational activity, not a way to make money. Slot machines and live dealer games are purely based on luck. Never forget that. You should only play with money you can afford to lose.
When you lose money during a session, log out and move on to something else. The casino should always be fun. Set yourself a budget and stick to it. Don’t end up depositing more and more in an attempt to win back your losses. Trust us – you don’t want to be that player. If you do find yourself in this situation, be aware that all good online casinos offer a self-exclusion option for their players.
