What’s a good online casino bankroll size for new players?
If you’ve never gambled for real money over the internet before, or are still in the beginner stages, you may be asking yourself this question: How much should I deposit at online casinos? While I can’t give you an exact number—it’s based more on circumstance than anything else—I can give you some sound advice on the matter.
Let me say, first and foremost, that choosing the right gambling site is imperative to a positive experience. If you haven’t already done this, make sure to join a reputable website that is licenced and regulated in a jurisdiction where the highest standards are enforced. Fail to do your research first, and your deposit may go right down the drain.
What’s a good online casino bankroll size?
Before we can determine your appropriate online casino starting bankroll, you need to take a few things into consideration. These include your financial status, what games you intend to play, and what kind of bonus offers you can pick up.
What’s Your Financial Situation?
Above all, your bankroll size should be determined by your financial status. By this, I mean how much extra cash you have lying around that you can afford to lose. Gambling, online or on land, is always a risk. Never assume that you’re going to win. Although players do have an opportunity to win some cash—even substantial amounts of cash—online casinos should always be enjoyed for entertainment purposes.
With that being said, never, ever deposit more than you can afford to lose. Consider your bills and other household necessities, and only deposit up to the amount that’s left over.
If you happen to be quite wealthy, I would suggest contacting customer support before making your first deposit. Let them know you’re going to be a high roller, and they may bend the rules to give you a higher first-time deposit bonus to start.
What Games Do You Enjoy?
Some casino games tend to siphon a bankroll faster than others. Online slots can be the least expensive option, if you stick to the cheaper games and take your time playing them. A 3-reel, 9-line slot played at $0.01 per line can make a $40-50 bankroll last a few hours. Play too fast, though, and if luck evades you, it could all be gone in under and hour.
Table games like blackjack and roulette can usually be played online for as little as $0.50 or $1.00 per bet. Be aware though that online versions are automated, therefore will play faster than their land-based cousins. If you stick to the games with the highest theoretical return to player (RTP), and incorporate proper strategy, you can make a $20-$30 bankroll last multiple sessions.
Don’t Forget About Bonuses!
Whether you’re a VIP or looking to conserve cash and get the most for your wagering dollars, make sure you look into the bonus promotions are on offer. Every online casino promotes bonuses, and they can be especially generous for new players.
The golden rule here is to read the terms and conditions of the bonus before claiming it. Some are designated for slots play only. Others are meant for table games enthusiasts, or a mixture of both. Know what games are eligible, how much wagering requirements are involved, and what the minimum deposit to claim the bonus is.
Taking advantage of a 100%, 200%, or even 400% first-time purchase match with a mere $10 deposit can result in a great starting online casino bankroll size.
- The Best Blackjack Rules (and Worst) and How They Impact RTP - November 14, 2023
- In-Depth Insights for Gaining an Edge at Video Poker - November 14, 2023
- Big Guide to Learning Casino Advantage Play Methods in Canada - October 31, 2023