Useful tips

Winning With Little Money

Secrets to Winning at Casinos with little Money

Betting is a game of risks and calculations. Most of all it is a game of luck. Although I can't help you with the last aspect, I will share with you a couple of secret tips that I learned can be very useful when playing on a small budget. You can apply these tricks in both online and land-based casinos, and while they earn good profits from the many types of bonuses and promotions that are offered by online casinos.

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Don’t Listen to Sure Bet Advice

I’ll be straightforward with you from the start. There will never be a surefire betting strategy that will guarantee you winnings. I won't promise that and if you hear someone telling you about it, don’t listen to them, because they want to take advantage of you. No matter how good of a system you have, it won't change the odds or the casino’s playoff system. You won't be able to affect how often you will win or lose, no matter what you do.

Instead, I’m going to talk about budget and strategy, two things you can decide on and have complete control over. I will help you find the right gambling balance and share with you some tips on how you can be more successful and gambling with a small budget.

Know Your Budget

Know Your Budget

Okay, we’ve established that you’re not prepared to set aside huge amounts of money to start your gambling experience. That’s good, but if I asked you, what would you say was exactly your budget? This is a fundamental question because effective budget control is one of the most crucial aspects and is often the make or break factor when it comes to being successful at gambling.

In research for this article, I’ve read a few of the articles and advice people are writing online. Most casino experts advise you to create a gambling budget that doesn’t risk more than you can lose. This is good advice, but it's not completely accurate. You can create a more suitable budget than that, and I’ll help you calculate it.

This may sound boring, but there’s a system to all of this, and it can be applied in every casino, no matter if online or land-based. Let's say you come in with a playing budget of €100.  You would want to divide this amount into multiple smaller piles. By doing this, you will start with small wagers and hope to roll them up. If you ran through the first pile and sped it, move on to the next game. If you manage to win and double your initial budget, pull out of the game and divide the won money into two piles again. As young as you manage your budget in this way, you will effectively track your money without feeling the pressure and having to worry about it.

Research Your Games

This goes without saying. I do this no matter what kind of budget I'm playing on and no matter if I'm familiar with the casino or not. It's always a good idea to research the game you’re playing. You can easily look up the rules, gameplay mechanics and strategies online. This won't make you an expert overnight, but you will have a much better understanding of the game. Knowing the game will make you feel more relaxed and confident, which will lead to better results.

In many cases, you can also play the free version of the game directly at the casino itself. This is a fantastic way to learn your way around the game without risking a single cent. Investing a few hours into discovering how the game works can save you a lot of money in the long run.

Find out What Suits you the Best

Staying on the subject of games, I’d say that choosing the right game type is as important as knowing how to balance your budget. You should not only understand and know how to play the game but enjoy it as well. There are many games you could choose from, and ill list a few of them you I’ve found give you the best and worst chances of winning.

Try out:

  • Roulette – With Roulette, the mindset is that, if you wait long enough, your number will land and you will get your money back. This is true if you know how to play it right. There are two options, either you go with outside bets or inside bets. Most players fall into the trap and play inside bets because the odds are better looking. What they don’t realise is that their chances are also worse. Keep your bets modest, play on outside bets, and you’ll find out you can go a long way with little money.
  • Video Slots –Modern video slots are not only vibrant and fun, but they are also packed with loads of bonuses and rewards. They are great when you have a bigger playing budget but not so good of an option if you’re balancing a small amount of money. Instead, I would recommend you play one of the older video slot games because they usually have much lower wagering requirements that modern slots, but still offer the same rewards.

Try to Avoid:

  • Craps – One of the most complicated and complex gambling games out there. There’s an unwritten rule that the more complicated the game is, the slimmer your chances are. If you do decide to try your luck with Craps, you should stay with more straightforward bets, as you will have a better chance of winning.
  • Keno – In my opinion, this is one of the games you should avoid for as long as you can. Keno offers really bad house edge, that can go up o 35%. If you like playing this game, keep in mind that your chances at linning p the winning combination of numbers is very small

Don’t go Big

Many gambling experts advise you to ‘go big or go broke’ when playing at online casinos. Again, this is terrible advice, especially when playing on a small budget. If you want to finish your gambling experience that quickly and leave the casino in a matter of minutes, it would be better for you to stop playing immediately and save your money for something else. Instead of going big, my advice is to stretch out your money by making small bets.

Some games, like video slot games, require from you to wager more to have a better chance of winning. This means that you’re not only multiplying your wins but also your loses if things don’t go the way you want them to. I would recommend you skip these games when on a small budget and choose ones that always offer proportionally the same, no matter if you bet more or less.

Most gamblers look at short-term benefits and don’t see the big picture. For example, you might hit a €1000 win if you play with a €10 wager. If you play the same round with a €2 bet and win only €200, you’ll feel like you missed out on your big win and will get tenser and stressed out. This is the point when most players make their mistakes. You shouldn’t do that to yourself. You should always think about your current bankroll and how many times you could possibly wager your money if you don’t win any rounds until your budget runs out. Be prudent and tactical, the more wagers you place, the more times you will succeed.

Read Through the Small Letters

Don’t be surprised if you hit the maximum payout and don’t receive the jackpot that was promised to you. I want to make it clear when you play with little money. You won't be eligible for big payout bonuses and jackpots. To win the biggest prize, you will be required to wager the maximum set amount of money. So don’t pay attention to those tempting huge progressive slots, and stay focused on the goal that’s within your reach. No matter if you are playing a simple game like video slots or going into a complicated challenge like Craps, make sure you read through the rules and understand how the games work and what are the specific house rules.

Play Smart

Although gambling will always be a risk, and you should be prepared for the fact that sometimes you won't end up victorious, in the end, a lot rests on your shoulders as well. It doesn’t make a difference if you’re playing with a huge or small budget, the way you place your bets and your style of play will always be important.

Choose your bets wisely. If you’re just in it for the fun and excitement, then it's fine to play random games and make ill-advised choices. But if you’re serious about gambling and want to be successful at it, you should be carefully and based on informed decisions. Try to keep your money in the game for as long as you can. By doing this, you will take maximum advantage out of every single win. The wins will be smaller but will pay off in the long run, and you would only be risking small amounts of money.  With a little time and luck, you will be making nice side cash with just a small playing budget.

Shawna Dudley

Shawna is an ambitious and free-spirited digital nomad with expertise in creating high-quality and SEO-friendly guides and reviews in the iGaming and travel industry. Follow her on Twitter or Linkedin or send her an email.