Anyone who plays in the online casino usually only has a quick buck on their mind. But if you want to play successfully, you shouldn’t start blindly.
Mistake 1: Gambling without understanding the games
One of the biggest mistakes in the online casino is made by beginners who want to get a taste of casino air for the first time and randomly select a game and start playing immediately. If you play without knowing the rules of a game, you are doomed and throwing your money out the window. Incidentally, this applies not only to table games, some of which have complex rules, but also to slot machines. Because many slots are equipped with more and more extensive functions, which sometimes result in different payout ratios and risks. For example, a gamble option can be worthwhile, or you can lose everything by doing so. Our recommendation is therefore: Test all games in demo mode first. This is free for you, you play with play money. In this way you can get to know the game and its rules and possibly even work out strategies. It’s also helpful to read expert guides packed with tips and tricks, or draw on player experiences.
Mistake 2: Starting without a financial plan and loss limit
One of the most important terms in the world of online gambling is bankroll management. What this means is that before you start playing, you should consider how much money you can spend at the casino without getting into financial difficulties. For example, if your budget is €100 per month, you can deposit and play with this amount at the beginning of the month in the online casino.
Under no circumstances should you make any further deposits, even if you have gambled away the entire amount. To prevent this from happening in the first place, you should only play with minimal stakes to keep your losses low and, if possible, set a loss limit. As soon as this is reached, you can no longer play. So that you don’t get tempted in the first place, a deposit limit can be set in every reputable online casino, which we strongly advise you to do.
Mistake 3: Registration with incorrect personal data
Many players fear that once their personal information is submitted online it will fall into the wrong hands and therefore register at the casino using a false name and address. However, this is a fatal mistake, because the casinos check your identity at the latest before the first payout. The so-called identity check or ID check is part of the standard procedure in every reputable online casino. The staff will ask you to submit some documents that clearly prove you are who they say they are. You can only have your winnings from the online gaming library paid out if the information provided during registration matches that on your official documents such as your ID or passport. Therefore, you should not only enter your correct data when registering, but also avoid typing errors, because these can lead to your payout being at least delayed.
By the way: If you are not of legal age, you have no place in the casino. Since the verification also checks the age, there is no point in pretending to be older than you actually are.
Mistake 4: Choosing a dubious online provider
Most casinos advertise with lucrative bonus offers and a large game portfolio. But no matter how tempting the offer may sound, never play at a casino without first making sure that it is a reputable provider. You often don’t recognize a dubious provider at first glance, because the problem is that you can also play with illegal providers without any problems. However, when it comes to withdrawing winnings, you will find that this is not possible.
We don’t wish this bad adult on anyone, so our tip: Before registering, check whether the casino you have chosen has an official gaming license. Information about this can be found in the general terms and conditions or often even directly in the footer of the website. You can only register and play with a clear conscience if the casino is licensed by well-known regulatory bodies such as Malta, Curacao or Gibraltar and is regularly checked by the local gaming authority. Another way to protect yourself in advance is to read test reports on relevant sites like here on AskGamblers. Testimonials from other players are also helpful to find out how others have fared in the casino.
Mistake 5: Promotions and bonuses not used
Special promotions in the form of new customer bonuses, free spins, bonus credit through deposit bonuses or cashback are actually advertised in every online casino. These bonuses help you gain a foothold in the casino or keep playing and it would be a fatal mistake not to claim them. Because bonus offers ensure that spins on machines are free of charge, or that bonus credit is freely available. Match bonuses that grant an identical amount to the deposited amount are particularly popular. Who wouldn’t like to have twice as much money to play with? Arguably the most popular bonus is the cashback bonus. This offer pays back a percentage of losses suffered at the casino over a given period of time. In this way, credit is added to the player account at regular intervals without making a deposit. With all the euphoria, you mustn’t ignore the bonus terms and conditions that come with almost every bonus offer. Only if these are fair should you really take advantage of the offer.
Mistake 6: Not verifying the game’s RTP
Surely you have heard of the term payout ratio, also known as return to player (RTP for short). But do you know what that actually means? The payout percentage provides information about the chances of winning a game in the online game library. It is given as a percentage and indicates what percentage of the stake you get paid out on average. With an RTP of 95%, the player usually receives a win of €95 after wagering €100. The higher the payout percentage, the better the chances of winning a game. Therefore, it is extremely important to check the RTP before starting the game. Slot machines in particular often come with different payout percentages, the highest of which is around 96%, followed by other payout percentages that can drop to 84% or even lower. It’s perfectly legal for a casino to offer slots with such low payout percentages, but it means players have a much worse chance of winning. Therefore, you should definitely check the RTP before starting the game in order to play with the best possible conditions.
Mistake 7: Gambling overconfidence
Beginners usually only play with the minimum stakes in the casino in order not to suffer too high losses. Over time, however, they will become more and more certain about the rules of the games and will certainly make one or the other profit, maybe even a big one. This leads to players quickly overestimating themselves and thinking that they are no longer a novice but already a pro. But far from it. Overconfidence is one of the most dangerous mistakes in casinos, because just because you’ve won a few times doesn’t mean it’s going to stay that way.
It is not for nothing that casino games are called games of chance, behind which there is a random number generator. The emphasis is on random. Therefore, you should not suddenly switch from small stakes to high or even maximum stakes just because you have had a lucky streak. If you win big, you can lose just as big, and pride is known to come before a fall, so keep it small and play it safe rather than risking it all with one ill-advised bet.
Our tips for success
If at the beginning of our article you thought that playing in online casinos was not child’s play, you have probably realized by now that you can make not only one big mistake in casinos, but several at the same time. We have described the typical mistakes in the casino in detail.
If you want to play in an online casino from now on, proceed as follows: First, check whether the casino is reputable. Here we have our reputable casino providers. Then be sure to register with your correct data and select a suitable payment method. Use bonus offers to maximize your winnings and find out about the payout percentage and game rules before playing. Set betting and loss limits and keep your feet on the ground even when you win big. Nothing can go wrong with these tips and you will play successfully in the online casino.