What many players in New Zealand may not realize is that it isn’t game strategy or luck that will ensure your success with online casino gaming, but rather sound bankroll management.
Bankroll management is of utmost importance when it comes to making the most of your online casino experience, as you won’t get very far if your bankroll is exhausted within 5 minutes of making a deposit.
This can happen quicker and more easily than most players realize, but thankfully we have the best tips and advice to ensure that your bankroll sees good longevity.
What is a Bankroll Exactly?
A bankroll is essentially an amount of money that is set aside for the sole purpose of enjoying online casino NZ games, but there are a few rules that should be adhered to when it comes to deciding upon an amount for a bankroll.
- The amount decided upon will depend on what kind of stakes you are playing on your favourite online casino games.
- The bankroll that is set aside must be allocated for a pre-determined amount of time, for example a week, fortnight or month, and this amount of time should not be deviated from.
- If your bankroll is exhausted before the pre-determined amount of time has passed, it is not wise to top up, as this could lead to trouble further down the line.
- Your bankroll should not interfere with your daily living expenses and these two worlds should never collide. In other words, do not set aside a bankroll that you cannot afford with the idea of supplementing your living expenses with any winnings made.
Making Your Bankroll Last
If you have a conversation with any veteran online casino player in New Zealand they would most likely offer you all kinds of advice on ways to make your bankroll last, but we prefer to use tried and tested methods that are essentially fool-proof.
There are plenty of ways to make your bankroll last, but a method that has proven successful time and time again is to split up your bankroll accordingly.
For example, if your bankroll is NZ$200 for the whole month, split your bankroll up into weekly allocations, in this case NZ$50, and stick to that amount no matter what happens. If you happen to make NZ$50 in a session, use that amount to play with and do not dig into the weekly allocated bankroll. This is not only a way to make your bankroll last, but also a way to see your bankroll grow.
Choose Games that Maximise your Bankroll
Players in New Zealand would be wise to remember that not all games offer the same house edge, and as such it’s important to stick to online casino games that offer the lowest house edge possible.
Blackjack, craps and higher denomination slots are all examples of games that offer a lower house edge, while roulette, low denomination slots and Keno all favour the house more strongly.
It goes without saying, but must be said nonetheless, that it’s of utmost importance that you should never chase losses as this is a sure fire way to see your bankroll dwindle quickly.
If you’ve had an unsuccessful session and have exhausted your weekly bankroll allocation, do not attempt to keep playing to win that money back out of frustration and a need for vindication. Take a deep breath and walk away. You’ll thank us in the morning!