Wednesday, December 13th, 2017

Online Betting Demands A Disciplined Approach

Published on October 29, 2012 by   ·   No Comments

Online betting can be profitable and pleasurable, but just like wagering in a brick-and-mortar casino a bettor must adopt a disciplined approach to succeed.

Discipline is even more important in online betting because everything is virtual. It can be a lot easier to manage your bankroll when you have a physical stack of chips in front of you. There can be a tendency to regard the money in an online betting account as play money. Make no mistake, that money is real. It can be lost, and it can be won by another disciplined player. Regarding online play less seriously than play in a physical casino can be costly.

Another area where discipline is required in online wagering is the length of the betting session. Players online tend to play longer hours at a single stretch because of the convenience that comes from playing at home. Sometimes, this can cause a player to remain in a game too long and turn a winning session into a losing one. It is important to set profit goals and stick to them in order to bet successfully online.

Here are a few tips that can help a player develop the discipline needed to bet, and win, online.

  1. Don’t put all of the bankroll eggs into one basket.
  2. Players should use sound money management when betting online. No more than 20% of a player’s bankroll should be used to buy-in to a betting session. In other words, if a player has $2000 in their account the maximum buy-in for a session of poker or baccarat should be $400.

    It is far too easy for a player to lose money when the entire balance of his account is right there in front of him. Being forced to re-buy into a session can also force a player to pause and think about whether they should look for a new game.

  3. Set win goals and loss goals.
  4. The player needs to remember that the online casino isn’t going anywhere. It will be open tomorrow and the day after. There will always be another session to play at any time of the day or night.

    Setting win and loss goals gets a player away from a good session with a profit, and minimizes the losses of a bad session. Players should always remember than gambling is one long game. Today’s results are just a piece of the big picture.

  5. Take a break.
  6. Playing too long can affect a bettor’s good judgment and playing ability. There are also health risks associated with sitting too long. Online players should deal themselves out at least once an hour for ten minutes to stand up, stretch, and walk around. If a player finds that they are exhausted and their judgment is impaired, they need to stop. Period.

These simple tips can help an online bettor greatly increase their chances of walking away from a session with a profit. After all, that’s the reason one should bet.

This has been a guest post from Australia’s favourite online betting blog, if you’re keen on some betting tips from down under, why not give them a look?

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