The only way casinos make money is if you lose and believe me when I tell you that knowing when to stop is a critical part of ensuring a successful session at either a land based casino or online casino. The bottom line is that casinos are in business to make money and the last thing they want is for you to cash out your winning and walk away. As a result they do everything they can to help ensure you keep playing and put any winnings you may have generated back into the casino.
Below I've established a set of simple guidelines that should be followed when playing most of these apply to both online casinos and terrestrial casinos.
1. Have a firm grasp of the games you're playing, in other words know them inside out!
It's a well known fact in casino gaming that the most knowledgeable player is the one with the most luck. You should never get ahead of yourself and just jump into playing a game if you don't at minimum understand the basic rules of the game. It's extremely important to know what you're doing before you do. If you're playing at a land based casino don't be afraid to ask the dealer questions or alternatively ask for a rules sheet which most casinos keep on hand for newbies. In online casinos it's worth while reading the rules of the game which are typically made available either in the casino software itself or via the casino website.
2. Never drink alcohol and play!
There's obviously a reason the drinks at casinos are free and it's not because the casino is generous. It's been proven time and time again that alcohol leads to lack of judgment for many people and thus it impairs rational thought and can often times result in players making silly mistakes. If you're going to drink alcohol and play do so in moderation and not to the point where you're inebriated.
3. Set a limit for how much you want to play and never exceed that!
Before entering into an online casino or leaving your home for a land based casino be sure to set a limit for how much money you want to spend and stick to it. It's very easy to get into a situation where you start chasing your losses and as a result as other have found you can quickly burn a hole in your wallet. Online casinos make it very easy to make deposits and create an impression as though you're not really using money as for the most part it's done on credit. Be sure to set your limits before you start playing and not deviating from there.
4. Try not to get overconfident!
One of the most common mistakes made by novice gamblers is when they win too big too fast. The better judgment of new players will often times get the best of them and result in the loss of a big win. It's important that if you win a decent amount that you should pocket some of those winnings or if playing online make a withdrawal. This way you can ensure that you walk away with something. Even if you're able to walk away with what you started with you'll be better off then walking away with nothing.
5. Try keeping a low profile.
Wherever there's money there's often times unscrupulous characters lurking. For your own protection never tell anyone about your winnings or losses while in a casino or even outside. It's also important to remember to never show any large quantities of money, chips or tickets in public view. With online casinos this is really not an issue, however if you decide to post on message boards, etc... never reveal your real name, phone number, e-mail address or any other personally identifiable details for your own personal safety.
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