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Kill Your Bankroll With These Terrible Casino Bets Every Time

As all casino gamblers are wagering with their own hard-earned cash, you'd be forgiven for thinking that they'd take better care of their bankroll. Unfortunately, most gamblers are just looking for a good time and fail to consider the best means of stretching their bankroll in order to give them a better chance of landing some winnings. Worse, many are utilising bad bets and terrible strategies that will definitely kill their bankroll stone dead within just a couple of rounds or hands.

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Bets That Kill Your Bankroll Every Time

With all the excitement and immersive gameplay available at casinos, whether online or real, then it’s no surprise that many players rarely think about managing their bankroll. The problem here is that once you’ve depleted your bankroll, you’ll need to wait until you can get enough money together to gamble once more. Probably one of the best ways of protecting your bankroll is to have a deeper understanding of both the jackpot games you’re playing and the type of bets you’re making. It’s essential you know when to stop making wagers that kill your bankroll stone dead.

With that in mind, we thought that today at Jackpotfinder.com, we’d be looking at the types of bets and casino behaviours you should avoid. Not only to protect your bankroll but also to increase your jackpot winning chances.

Kill Your Bankroll By Chasing Losses

Imagine that you’re playing the casino game of roulette for real money. Your last four bets on the red have all been lost. Many gamblers in this situation would think that there’s no possible way that the red could miss again, totalling five times in a row. Yet the red loses again. Now you’re thinking it’s impossible for the red to lose 6 times in a row. So you decide to put a big money bet on the red. Unfortunately, you have failed to understand the “Gambler’s Fallacy.” Essentially, all the bets that came before, count for nothing. Each betting action is an individual gambling event on its own.

The Previous Bets Don’t Count

Consider that each time you bet on the red you’re making a 50/50 bet. It doesn’t matter how many times red has landed before. The bet remains the same each time it’s played. Stepping back and looking at the big picture, we can see this is one of the main reasons why chasing losses will kill your bankroll. In reality, no bet is due to hit. And certainly, no bet is due to hit because of past wins or losses. The only factor that dictates your possibility of winning is the odds. And these odds don’t change simply because something happened a few minutes previously.

What doesn’t help is that many gamblers who chased losses sometimes win. This leads them to believe that they are making the right decision. However, the player who loses will either have to quit the game completely or risk losing more by chasing the last loss. Whatever you’re doing always stick to your preset budget. This will help you stay away from the possibility to kill your bankroll by chasing losses in casino games.

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Kill Your Bankroll With High-Cost Slot Machines

As a given, here at Jackpotfinder.com, we recommend you play slots online. Especially at our favourite casino, 22Bet Casino. One of the main reasons is that the betting limits are incredibly low. Especially when compared to land-based casinos. If you take a stroll around the high-limit room of any brick-and-mortar casino in Las Vegas, you’ll see many slot machines where the betting starts at $10 a spin. Obviously, playing such a machine is going to be a bankroll killer. And the higher you bet, the faster you’ll kill your bankroll.

The RTP or “return to player” for every slot machine is different. However, in a land-based casino, the average return is between 90% and 92%. This means if you’re betting just $3 a spin on a slot machine which has a 90% return, and you’re making 500 spins every hour, then you’re expected loss is going to be $150 for every 60 minutes played.

Now, to be truthful, $3 per bet may not seem like a large amount. But you have to consider the number of spins it’s possible to make within a relatively short amount of time. By playing high roller slots, you going to lose much more money than if you’re playing regular slots or playing online. It’s worth noting that online casinos like 22Bet Casino will offer most of their slot machines with an RTP of less than 95%. Coupled with betting amounts as little as 10 cents means your bankroll is going to go a lot further.

6 to 5 Blackjack Tables

On a whole, you’ll find two types of Blackjack tables. They said payout at 6 to 5 and those that pay out at 3 to 2. Now, we consider Blackjack to be a good game that offers a higher return than a slot machine. Because the game requires both skill and luck, it’s one of the best games you can play in the whole casino. But having said that, there’s a huge difference between a game that pays out at 3 to 2 or at 6 to 5.

For this example, let’s imagine that we’re playing with $100 per pound as the bet amount. This means that if you’re playing at a table that pays 3 to 2, with a $100 bet, you will win $150. But the same bet played at a table that pays 6 to 5, would give you only $120. The $30 difference is kept by the casino itself. So stick with 3 to 2 payout blackjack tables as part of your overall jackpot winning strategies.

Most Craps Bets Will Kill Your Bankroll

Though the average Craps table does have a few good bets, we should note that most of the wagers in Craps will kill your bankroll. The truth of the matter is that the RTP at many Craps games is on par with slot machines. In the end, your bankroll will suffer the same damage from playing Craps as if you were paying high-roller slots.

When it comes to the actual Craps bets, then the Come Out roll wager option is an excellent choice. The Don’t Pass bet is a little better than the Pass bet. Though they both have returns of over 98.5%. By far the best bet is an Odds bet that’s said a point on the Come Out roll. Technically, this offers a 100% return. These three bets are the only Crabs bets that will not kill your bankroll.

The Baccarat Tie Wager

The Tie bet offers an awful return to player of under 86%. If you consider just how quickly a 90% return will kill your bankroll when you play the slots, then you can imagine how terrible it is to have a return this low. There are two other bets you can play in Baccarat which offer much better RTPs of 98.7%. In fact, these two bets rank in the top 5 of RTP wagers in the vast majority of casinos.

On whole, if you’re paying Baccarat, then you should bet on either the Player or the Banker to ensure you get a good return with the possibility to win the jackpot online. Stay away from the Tie bet as this is another sure way to kill your bankroll.