10 Ways to Follow If You Want to Lose Money on Your Next Online Casino Gambling

Mistakes are never cheap and this is especially true in online casino gambling. However, there are just some players or gamblers who are rich enough to spend a fortune because they never learn from their mistakes. If you are one of these people, then go ahead and try the 10 ways to lose money the next time you gamble in the online casino!

1. Go to the wrong online casino site

When you participate in an online casino, you may be required to download some casino software. However, some software tools may be too powerful or simple for your computer. If you really want to lose money, join sites with a software tool that does not match your computer system.

2. Select an Unsuitable Bonus

Of course, it is a usual thing to choose the best bonus for your needs but if you are not after gaining a lot, you may choose a 100% bonus with $50 limit for high stakes games. With the so many kinds of cash and item bonuses available for online gamblers, you definitely have a lot of choices. It just takes a wrong choice to lose a lot of money. It’s that easy.

3. Disregard the Bonus Conditions

If you are an expert in casino gambling, you would surely list down your total bets before cashing in your bonus but if you are not, you would surely assume that you have already played enough to draw your cash. The bonus conditions in online casino sites are stated in their website, if you don’t really care about losing money, don’t bother reading them!

4. Let Your Bonus Dictate Where You Should Play

Casino is not all about free cash. Not because a game gives away free cash or bonuses means that you should stick to that game. Try out different games offered in the online casino site and check which matches your ability. Focusing on bonus and free cash takes your attention away from what you are missing.

5. Ignore the basic strategies

Playing casino online is not as simple and easy as manipulating your computer. Ignoring the basic strategies of casino games in the Internet is perhaps the easiest way to lose money.

6. Find Fault with your Software

Most losers in online gambling often moan about how bad their software tools are. First of all, if the site you signed up with is reputable and is very transparent in its payout percentages, there is no reason for you to blame their software but if you want to stick to your current situation, go ahead and never try to look for other reasons for your losses.

7. Disregard the Site’s Payment Mechanisms

Bonuses and free cash are often given by the sites when their players deposit money through their preferred payment mechanisms. However, there are some stubborn members who stick to their preferred payment mechanism rather than following what the site prefers. By following their preference, they simply lose the chance of getting more bonuses and higher free cash.

8. Don’t Prepare

Not all sites are the same. You may be very good at one casino site but that doesn’t mean that you will perform just the same way on a different site. Assuming that all casino sites are the same will stop you from having enough preparation thinking that you can just do the same things you were doing on another site. Do this, don’t prepare and you’ll definitely lose a lot!

9. Rush Things

Anything online happens faster than anything offline; thus, rushing things in this type of gambling is definitely a big NO unless you want to lose really high!

10. Only Fools Rush In

Anyone trying to gamble online often feel overwhelmed with the so many games available for them however; like the old adage goes, “only fools rush in”, rushing into an unfamiliar game makes any online gambler a fool.

Now that you know the top 10 ways to lose money in an online casino, it’s up to you to decide. Would you do these things and lose money or would you rather avoid them and take some cash home?

Play Blackjack Like A Pro

The basics:

The object of the blackjack game is to accumulate cards with point totals as close to 21 without going over 21. Face cards (Jacks, Queens and Kings) are worth 10 points. Aces are worth 1 or 11, whichever is preferable. Other cards are represented by their number.

If a player and the House tie, it is called a “push” and no one wins. Ace and 10 (Blackjack) on the first two cards dealt is an automatic player win at 1.5 to 1, unless the house ties. A player may stand at any time.

Playing The Game of Blackjack:

To win you need to beat the dealer without going bust. When your cards total more than 21, you go bust and you automatically lose. The winner is whomever’s cards total closest to 21. You get to 21 by adding up the numbers of the cards.

The blackjack table seats about 6 players. Either six or eight decks of cards are used and are shuffled together by the dealer and placed in a card dispensing box called the ‘Shoe’.

Before receiving any cards players must place a wager. Then the players are dealt two cards face up. The dealer gets one face up, one face down. Each player in turn either stays or takes more cards to try and get closer to 21 without busting. Players who do not bust wait for the dealer’s turn. When all the players are done, the dealer turns up the down card. By rule, on counts of 17 or higher the dealer must stay; on counts of 16 or lower the dealer must draw.

If you make a total of 21 with the first two cards (a 10 or a face and an Ace), you win automatically. This is called ‘Blackjack’. If you have Blackjack, you will win one and one-half times your bet unless the dealer also has Blackjack, in which case it is a Push or a Tie (or a Stand-off) and you get your bet back.

The remaining players with a higher count than the dealer win an amount equal to their bet. Players with a lower count than the dealer lose their bet. If the dealer busts, all the remaining players win. There are other betting options namely Insurance, Surrender, Double Down, Even Money and Split.

Insurance: side bet up to half the initial bet against the dealer having a natural 21 – allowed only when the dealer’s showing card is an Ace. If the dealer has a 10 face down and makes a blackjack, insurance pays at 2-1 odds, but loses if the dealer does not.

Surrender: giving up your hand and losing only half the bet.

Early Surrender: surrender allowed before the dealer checks his cards for blackjack.

Late Surrender: the dealer first checks to see if he has blackjack (21). If he does, surrender is not allowed.

Double Down: you may double your initial bet following the initial two-card deal, but you can hit one card only. A good bet if the player is in a strong position.

Even Money: cashing in your bet immediately at a 1:1 payout ratio when you are dealt a natural blackjack and the dealer’s showing card is an Ace.

Split Hand: split the initial two-card hand into two and play them separately – allowed only when the two first cards are of equal value. Use each card as the start to a separate hand and place a second bet equal to the first.

Hard Hand: A hand without an Ace, or with an Ace valued at 1 is said to be Hard in that it can only be given one value, unlike a Soft Hand. (You can value an Ace 1 or 11 to suit you).

Online Casino Gambling: A Global Phenomenon

If you check to see where the headquarters of the online casino gambling establishments that you like to visit are located, you’ll discover that a great percentage of them are based in the Caribbean (there and Gibraltar) — on the islands of Antigua and Barbuda, specifically. But as of late, a global pool of lawmakers and online casino gambling detractors, including the WTO (World Trade Organization) itself are trying to get these establishments shut down.

Fortunately for us players, the boom in online casino gambling has a life of its own — one that will not so easy be quashed. In fact, a panel investigating the dispute ruled that the U.S. was in violation of its own financial regulations when it gets in the way of American financial institutions engaging in transactions with Antigua-Barbuda online casinos. Score one for online casino gambling.

Actually, score more than that. Numerous countries are starting to face facts about the lucrative business of online casino gambling and finding ways for their local economies to capitalize on the craze. Not only does online casino gambling provide to the local communities that license and regulate them enormous sums of money in the form of tax revenues, but the online casino gambling industry also fosters huge job growth in whatever geographical areas it touches. Consider Antigua-Barbuda, where 30% of the residents are employed by online casino gambling establishments.

It is surely with incentives like those in mind that Prime Minister Tony Blair is trying to enact new legislation in the U.K. that will likely encourage more casinos to be built and a rise in casino gambling throughout the country. Supported by 53% of British voters polled, the new Bill if enacted will, among other things, remove all slot machines from around 6,000 different places and allow them to be placed together in new casinos with extended hours of operation. This legislation may even coax existing online casinos to move their bases of operations to Britain. Many observers and analysts believe this will inevitably lead to other similarly supportive measures aimed at online casino gambling as well.

Meanwhile, the French reportedly gamble 2 times more and for 3 times longer than their British counterparts. France’s citizens have been enjoying online casino gambling for years, especially since a loophole in European Union policy that heavily restricts land-based casino gambling (essentially requiring any French citizen who wishes to gamble to do so exclusively in state-run operations) has no bearing on online casino gambling, practically ensuring the industry a steady stream of eager participants. In fact, many believe that the popularity of online casino gambling is responsible for the skyrocketing demand for high-speed, broadband internet service.

The Australian government is getting into the action as well, granting an online casino gambling site a license to open a customer service center in the state of Tasmania. Recruiting has already begun, and an estimated 300 jobs will be created in the high-unemployment area.

A growing interest in online casino gambling in Asia has led to one of China’s most popular pastimes – the 4,000-year-old card game Mahjong – being offered as a multiplayer online casino game. Approximately 45% of Chinese people polled report that they play Mahjong regularly for money and whether China permits online casino gambling or not, there will be no shortage of players worldwide flocking to any site that offers the game.

Recently a campaign has been put into motion to legalize online casino gambling in Japan as well, supported by the country’s Liberal Democratic Party, currently in power. Several departments in the government have been brought in to figure out how to make this work for Japan’s economy, and it is expected that online casino gambling operators may be invited to contribute to the talks in due time.

And online casino gambling may be right around the corner for Israel, the country’s social and economic cabinet having just given permission for two horseracing tracks to be built, equipped of course with full-fledged betting. In order to make this work, the Israeli government will be obliged to lift its long-standing ban on sports gambling.