Estimated reading time: 5 minutes
The Casino Budget title of this article post implies that some people have less money and thus have to play on a budget, while others don’t. So let’s make it clear that everybody plays on a budget. Some budgets are just bigger than others. Some Jackpot winners excluded of course. They can skip reading this. For everyone else; the tips mentioned here can be implied by everyone and will result in a healthier and more enjoyable gambling experience.
Why keep a casino budget?
This may sound like an obvious question, but it’s not for a lot of people. Unlike a land based casino that you visit with £/€/$ 100 in your pocket, online gambling is available 24 hours a day. With more people working from home or having their mobile phone on ‘boring’ moments it’s more tempting than ever to gamble. Meaning it’s also more necessary to have a budget than ever.
Having a budget is just one step, keeping a budget is much harder for most people. So we’ll discuss what your budget should be and how to make sure you keep to it.
Determining your casino budget
What seems like a lot of money to some people, might not seem to others. Determining your casino budget should follow this set of rules: take your monthly income, distract the cost for living, debts, bills and maintaining social relationships. Now you have a potential amount that you can bet safely. Spread that amount over a period of the month.
Be honest to yourself: do you play everyday or just once a week? If you know you want to play on a daily basis, you can’t start the first week spending more than you should hoping that you win enough to keep that level of gambling going by the end of the month.
Determining your budget doesn’t stop at the amount that you can spend on a monthly basis, it goes all the way down to the amount per spin. Tip: celebrate small wins. If you end the night with just a small win of £/€/$ 10, you have beaten the system! Slots are designed to take some of your money, not give it away. You got out ahead!
Keeping yourself to your casino budget while gambling
EuroCasino offers some tools to help you keep you to your casino budget, but there are some things you can do for yourself as well:
- Only play when you are sober and when you are in a good or neutral mood.
- Play ‘low variance’ games if you are on a small casino budget. This will make it less likely you’ll lose your money and keeps you playing for longer. If you are unfamiliar with the difference between low and high variance slots, please read our article on high volatile slots!
- Look for our interesting promotions. Deposit bonuses can get you more value out of your money.
- Budget based betting. You can always potentially increase your bets after winning, but start off sober.
- Look for slots or table games with a high return to player rate.
- If you are playing roulette, blackjack or baccarat always use a strategy to keep your losses manageable.
- Do not use credit cards for depositing, but rather use an e-wallet where you deposit your budget for that day, week or month.
In other words, make a plan. Don’t just start playing without keeping track of what is going out and what is going in. This makes gambling a safe and fun activity. Fortunately, you don’t have to do all the budgeting yourself. Here is an overview on how we can help you playing our games the best possible way and what we do to help you playing with a casino budget:
We don’t work with reverse withdrawal periods
Reverse Withdrawal means that casinos offer players the possibility to undo the withdrawal of their winnings. This gives players the possibility to keep playing, even though they planned not to. Not to budget friendly, in our humble opinion. That is why for a large majority of players, we do not offer reverse withdrawals. There are a few exceptions for players that benefit from this option due to the nature of the games they play.
Implement maximum daily deposit
In the near future we will implement the possibility for players to discuss a maximum daily amount they can deposit. This, together with our identity verification policy, makes sure that we help those who have a hard time limiting themselves in playing. We are glad that people enjoy ourselves, but we don’t want it impacting people’s lives negatively.
Bonuses & Promotions
EuroCasino has a lot of recurring bonuses as well as additional promotions. With these, you can get much more value out of your budget. In a way, you can even cosmetically increase your budget. This is why it is smart to align your depositing moments on our returning bonus offers. Look for them primarily on the weekend. You have more casino budget than you might think!
We offer a unique daily jackpot
On each spin of one of our selected games you have a chance to win our guaranteed daily jackpot! Every single day! This is another incentive for players not to spend too much per spin; why would you spin large amounts if more spins means more chances of hitting that jackpot?
There you have it! Four ways in which EuroCasino supports playing on a casino budget. By stimulating and by protecting players. In the end, budgeting is up to you. If you experience that you have problems maintaining a healthy casino budget, please take a look on our responsible gaming page.
Other signs of unhealthy gaming is betting for money to play or isolating yourself from your friends and family. We offer tools like a reality check, cool off period, self assessments, supporting groups and collaboration with gambling addiction preventing institutions.