The 5 Weirdest Mistakes Gamblers Make Online

In an online casino, mistakes can cost you a lot of money. It’s a shame because such mistakes are often completely unnecessary. Moreover, it is possible to prevent these mistakes, but then, of course, you have to realize that you are making them. That’s why we have listed the 5 weirdest mistakes gamblers make in online casinos below. Keeping these mistakes in mind will save you a lot of avoidable losses. In addition, if you would like to know how to maximize your winning chances at any online casino game, you can use our online game guides.

Highlights of this article

Below is a summary of what will be discussed in this article:

• What you especially shouldn’t do in an online casino
• Win a round amount
• Not understanding the aim of the game
• Not reading the rules
• Not reading the bonus conditions
• Sucker bets

What you especially shouldn’t do in an online casino

Below you can read more about the 5 weirdest mistakes gamblers make at online casinos. We understand how such mistakes can be made.  It is often in man’s nature to err; other times mistakes can be caused by haste. Either way, you will most likely suffer unnecessary losses as a result. Of course, in the long run, you will lose to the casino anyway because the goal of an online casino is to make a profit on you. However, there is a difference between ordinary expected losses and unnecessary losses. Therefore, it is important to understand these errors to be able to avoid them and eventually save your money.

Win a round amount

Imagine having a good evening at the casino. You stand at 290 euros profit, but you want to keep playing until you reach exactly 300 euros. A nice round amount. Maybe you’ll get lucky and succeed in one fell swoop. However, the chances of that happening are small, and you will more likely incur unnecessary losses to reach your goal. It’s a remarkable psychological feature, but we humans like nice round figures. However, this is very inconvenient when playing online casino games. It is advisable to get used to the uncomfortable feeling that a non-round number gives you (if this bothers you).

Not understanding the aim of the game

In order to be able to play a game properly, you need to understand the purpose of the game. In some cases, it’s simple. With an online slot machine, you press a button and a combination of symbols is created. If you have five in a row, you win a nice amount. Simple. However, not all online casino games are equally simple to play and understand.

A good example of this is online Blackjack. Did you know that there are people who still think that the goal of Blackjack is to reach exactly 21? On the contrary, the goal is to get as close to 21 as possible. You should consider yourself lucky to get a higher score than the dealer. However, by playing for an exact 21, you are much more likely to “bust” because you are guaranteed to lose. Even with online bingo, it often happens that the purpose of the game is not understood. There are several variants in which you have to achieve a certain pattern in order to win. If you don’t figure this out, you are aiming for the wrong goal which means you most likely will not win. Therefore, always try to comprehend the objective of the game. If you’re not sure what the exact purpose of a game is, you can always consult our online game guides.

Not reading the rules

A misinterpretation of the purpose of a game can result in losses, but a failure to understand the rules of a game is also an error that occurs regularly and results in a lot of unnecessary losses for many gamblers. This is especially common with online slots. Gamblers simply choose an online slot machine to play on, without first reading up on, for example, the house edge, the variance or the payout percentage. However, these factors can tell you a lot about your odds of winning and the amount of money you can make with an online slot. By reading up on this and weighing your own winning chances against the amount of money you can earn, you can find online slots that are exactly right for you.

Knowing the rules is one thing, but becoming familiar with the rules is something else. That’s why it’s also advisable not to start playing “for real” in an online casino. One should rather practice a number of times first with the intention of truly mastering a game. Gambling games such as online slots may not always need to be practiced, but it is advisable to practice first with games such as Blackjack or online poker. Not only do these games have more complicated rules compared to other casino games, but these games also have strategies that can be applied to increase your winning chances. Take a look at our online game guides to learn more about these strategies. Fortunately, it is possible to practice without betting on free online casinos. This is how you master the best strategies.

Not reading the bonus conditions

Bonus terms are a good incentive to lure people to an online casino. After all, free money sounds like music to many of us. However, there are usually a number of conditions attached to such bonuses. For example, you have to wager an x number of times in games before you can claim a bonus. Unfortunately, many people still do not read the bonus conditions properly which often causes frustrations about not receiving a “promised” bonus. However, this is entirely their own fault. In most cases, online casinos are clear in their terms of conditions. It is your responsibility to read up on this in order to be an informed player because there are often very nice bonuses that are very difficult to obtain. Other possible actions that fail to meet the bonus conditions:

• Playing online casino games that weren’t eligible for the bonus.
• Betting too much.
• Allowing the bonus term to expire.
• Using a deposit method not applicable to the bonus.

Would you like to know which online casinos offer the best and most attractive bonuses? Read our best online casino bonus of 2020 guide.

Sucker bets

So-called “sucker bets” are bets in which the anticipated return does not reflect the odds of winning. These can be made at a variety of games in an online casino. These are the extra bets that you can gamble on but which bring you very little in the end. Often these sucker bets even have a house advantage between 15% and 30%. 

The best-known example of a sucker bet is the insurance bet with online Blackjack, also known as the insurance. In our online Blackjack game guide, we advise that you should never take this and for good reason. Suppose the dealer’s open card is an ace. By taking out insurance, you pay half of your original bet to be paid out 2:1 if the dealer has a Blackjack (i.e. Ace with a 10, Jack, Queen or King). However, it is much more likely that the dealer will not win a Blackjack. In other words: you have put money in for a bet that most likely will be lost again. This results in unnecessary losses.

The following are a number of other known types of sucker bets:

• Bet on a tie (or draw) at Baccarat.
• Online casinos in which you have to pay an ante for every hand you play.
• Progressive jackpot slots have a temptingly high jackpot, but the chances of winning it are so minimal that we also consider this a sucker bet.
• Bet on 2 and 12 at Craps. These are the scores with the smallest chance of winning.
• Playing American roulette is a sucker bet because the house advantage is twice as large as the European variant.
• Keno is the sucker bet among the lotteries with a house edge of up to 25%.

Conclusion

There are a number of common mistakes that cause gamblers to lose money unnecessarily in an online casino. Sometimes these are somewhat compulsive tendencies, such as waiting for a good round amount in terms of profit. Some players continue unnecessarily and ultimately lose more money than necessary. In addition, mistakes can be made in haste. Good examples of this are not reading about the rules of a game or about the bonus conditions in an online casino. Not fully understanding the purpose of a game is also a common mistake. Finally, there are the so-called sucker bets which are extra bets where the chance of winning money is minimal. There are also a number of bets within an online casino game, or a casino game itself that can be characterized as a sucker bet as the profit is illusionary and minimal. It is best to ignore these.