BetMGM encourages responsible gambling across all of its online casino games. Whether you’re sitting down for a few hands of Texas Hold ’em or testing your luck on the roulette wheel, BetMGM is here to help you have fun and stay safe.
Read on to find out more about why you should use time management tips and casino bankroll management limits, as well as advice for managing your time and money when playing specific games.
Why You Should Set Time and Money Limits
If you’ve ever felt that you might be spending too much time and money playing casino games online, time and money limits put you back in the driver’s seat. Whether you’re on a roll or you’re having a streak of bad luck, it can sometimes be hard to keep track of how much of your day and your cash is spent at the casino. Limits provide a useful reality check to let you know exactly how much time and money you’ve spent. Remember that, ultimately, going to the casino is all about having fun.
How to Set Limits at BetMGM
It’s important to understand how online casinos work and how they differ from in-person casinos before you jump into a game. BetMGM encourages people to play responsibly. This is why it’s implemented a comprehensive spending limit system for its online players. After specifying your daily spending limit, the system will send you a warning whenever you exceed that threshold. The warning will be displayed when you try to enter a new game or when re-buying into the current game.
You can also implement a time limit. Using this feature, you’re able to limit the number of hours that you can access the online games. Once you’ve set your daily maximum, the timer will decrease whenever you’re logged in, not just when you’re in a game.
A further option is a daily deposit limit. Deposit limits are very effective safety measures, especially when combined with a spending or time limit. Your deposit limit can be adjusted from the Responsible Gaming Limits page. If you increase your limit, it will take 24 hours for the increase to come into effect.
Managing your Bankroll in Online Casino Games
Setting up limits with your online casino is always a great idea, but it’s also worth thinking about how much you’re willing to spend within each game. Take some time to decide on your maximum spend before you start a new game, as you’re more likely to stay in control and continue having fun.
Take a closer look at some casino games and consider how to use spending limits to manage your bankroll.
Online Slots
Online slots are some of the most popular casino games, and for good reason. They’re eye-catching, fun and exciting and easy to understand.Â
When you’re playing real money slot games, keeping an eye on your balance is essential to ensure you’re not spending too much. If you know that you will be playing over a number of sessions, be sure to budget for each one. You don’t want to lose all your money in the first game and be tempted to buy back in. Dividing your spending limit by the number of sessions is an easy way to do this.
You should also think carefully about the coin values when playing. You can choose a range of different stakes when you play slots online. Yes, the higher the stakes, the higher the potential payout (especially for certain slots that only unlock the jackpots for the high rollers,) but there’s also more risk of losing larger amounts of money. If you’re new to online slots or just want to keep things fun, stick with small coin values.
Roulette
Roulette is another giant of the online gambling world. Its popularity is due to its simplicity and high-reward nature. BetMGM features a wide selection of low and high-stakes games for roulette lovers to enjoy.
Roulette is a great casino game, but you need to have a good money management system in place to enjoy it. Just like with slots, limiting your bet size on each spin will mean you can play longer and you’re less likely to have a big loss.Â
You should also wager on the bets with the best odds, even if the payout is less, to increase your chances of making your money back in the long run. Yes, it may be tempting to go big on a wager with a large potential payout, like a single number, but these bets pay out a lot because they are so hard to land.Â
Blackjack
There are a few different ways to play blackjack online, from virtual hands to live dealer games. However you choose to play, you should always know how much you’re willing to spend before the first hand is dealt.
In order to get the most bang for your buck, you should avoid side bets in blackjack. Just like the riskier bets in roulette, it may be tempting to put your money on a side wager like a perfect pair or a 21+3, but again, winning these bets is very rare, which is why they pay so much. You should also pick a version of blackjack where the dealer has to stand on a soft 17. This gives you the best chance of winning and making your money back.Â
Online Poker
Poker is the king of casino table games. The combination of skill and luck that’s required is enticing to players, but even the best poker players in the world can lose lots of money if they’re not careful.Â
This is why there are two things you should keep in mind when playing poker if you don’t want to run out of money quickly:
- Play games with wagers that are at your skill level: In poker, the general rule of thumb is the higher the stakes, the better the players. This is why you should avoid playing games where the buy-in and blinds are expensive, as you might lose all your money incredibly quickly to players who spot that you are not quite on the level they are.
- Be patient: Poker has elements of skill, but sometimes you can just have a bad run of luck. If you’re playing well but still losing, just remember to be patient. Don’t go outside of your budget during a game or session, hoping that your luck will change.Â
Something to be aware of when you’re taking part in online poker tournaments is re-buying – when you run out of chips in the game but want to keep playing so you buy back into the tournament. The problem is this usually happens after a big all-in loss when emotions are running high, meaning that buying back in could be a bad idea. If you do run out of chips, step away from the game for a moment. You could regret jumping straight back into the action if you don’t.
Register at BetMGM for the Best Gambling Experience Around
If you’d like to play casino games online, there’s only one site you should visit: BetMGM. The online casino offers an incredible variety of games, including online slots, roulette, poker and more, which you can enjoy whenever it suits your schedule. All you need to do is sign up, set your time and money limits and jump into the fun.
BetMGM firmly believes that responsible gambling is the best type of gambling, which you can take part in when you register.
