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    5 reasons why average gamblers lose money

    news thumbnail image

    The most common reasons the average online casino player loses money playing online casino games.

    The minute you enter the online casino environment, you can either have an amazing online gaming journey or you might have some disappointment.

    While a big part of the experience is determined by luck, there are a couple of reasons the outcome is not what you have hoped for.
    We look at the top 5 reasons the average player loses money when playing online casino games.

    1. No game plan

    The first and most obvious reason is going in blind with no game plan whatsoever. No matter what experience you’re planning to have, the joy is always enhanced when you have a game plan in place. And while planning is not exactly an activity favoured by the masses, it can lead to some big winnings.

    Before placing any bets, you want to start by sitting down and setting a bankroll budget. This means setting the minimum and maximum amount you want to spend. Most sites will even have tools available which you can use to set up these limits and help you stick to them.

    Take Note: A good game plan is advisable to improve the experience and increase your control over your gameplay in the long run. Which in turn decreases the chances of potential gaming addiction. For more information on gambling addiction or the psychology behind it, be sure to read our detailed guide on how to play responsibly.

    2. Playing higher house edge games

    Another big mistake players tend to make is to play games with a lower return to player percentage and a higher house edge. While these games might be a lot of fun, they automatically give the casino the upper hand. That's why you need to understand how the house edge works.

    This includes games like slots or roulette. Games like video poker and table games tend to have a lower house edge from the start, and if you implement the right strategy, you can turn the odds in your favour.

    If slots and roulette are your preferred way to play, then you want to opt for the highest RTP games and really play games that work in your favour.

    3. Boost it with a bonus!

    The promotions page is not just for show. Online casinos have tons of bonuses and promotions you can use to boost your gameplay on slots, live casino games and other games. These promotions can help stretch your bankroll and allow you to play for longer.

    Always read the terms and conditions to know what is expected to avoid disappointment and that the offer is fair. Never claim offers with terms that are not within your wheelhouse. But don’t be afraid to claim bonuses that could assist with a gameplay boost when you need it.

    4. Your bets are too big

    Everyone wants to feel like 007 when hitting the Blackjack or Poker tables. And let’s face it, increasing your betting amount when playing casino games can be too easy. Especially if you’re on a winning streak. Or you’re trying to hit a big jackpot while playing a progressive jackpot game.

    It’s slow and steady that wins the race. Not ‘big and ready’. You have to play what you can afford, not what you think you can, once you win the payout. Start with smaller bets and adjust accordingly. Never bet more than you can afford to lose. Smaller bets might not always trigger the biggest wins, but they can lead to progressively larger payouts as you play.

    5. Playing without a strategy

    Last but not least, you are trying to outsmart the house or the dealer by playing card or table games like Blackjack without a proper strategy.

    One of the pro rules of card and table games is to learn the rules and a basic strategy before you start playing.

    A basic strategy might not be one that gets you a seat with the professionals, but it is a good place to start, and as you get comfortable, you can try different strategies until you find the one that works for you. The only thing you don’t want to do is to hit the tables without a plan in place.

    Published: June 29, 2023

    Anything incorrect or missing?

    Let us know

    Article by Polly

    CasinoWow Contributor

    Hey guys, my name is Polina but my friends and colleagues call me Polly. I am truly passionate about online casino gaming and exploring the different online gambling experiences. I'm really into diving deep into topics and researching all the details. My aim is to gather the best information and write interesting articles for all the readers at CasinoWow.

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