The idea of saving money while gambling surely sounds far-fetched. Believe it or not, it’s possible. In the old days, people would just suggest you stop gambling because that’s the most sensible thing to do. Then again, if you like to play games, it’s not fair for you to give that hobby up. Thankfully, there is a way to manage both. You can play casino games or bet on sports and save money at the same time.
In this post, we’ll go over the areas where you can save money. The points we plan on making will also work as tips you can use for every aspect of your casino journey.
First Things First, Opt for Online Casinos
If you’re serious about saving money while playing casino games, it doesn’t get any better than the best payout online casino.
The most obvious savings you do is on petrol, food, parking, and other amenities. If you want to include your energy as one of the expenses, go ahead. More often than not, visiting a land-based casino is time and energy-consuming. But even some celebrities visit casino venues to receive the best promotions.
On the contrary, when you opt for an online casino, you get to cut down on all of these costs. As you’re not setting foot anywhere, there is no transport cost. Your car is parked where you always do it, so there is no parking charge.
Most importantly, you don’t have to use the casino’s ATM machines. These machines are notoriously known for charging customers on every withdrawal.
On top of everything, you can expect multiple bonuses coming your way in an online casino. The best online casino brands offer top-notch welcome bonuses, cashbacks, VIP rewards, etc., to keep the players engaged.
To sum up, here are the areas you save money when you opt for an online casino instead of an offline casino in Australia:
- Transport/Petrol
- Parking
- Food and Drinks
- Croupier Tips
- High ATM Withdrawal Charges
Manage Your Money
Money management is not something that only comes into play when you gamble. It’s an essential skill of life to achieve financial freedom. Although we’re no financial experts, we are certainly well-versed in how to manage money in online casinos.
Before anything else, you need to set a budget for gambling. You’re not going into a restaurant where you’re limited to how much your tummy can take. Rather, you’re going down the rabbit hole of real money gambling, where anything can happen.
When you have a fixed budget, you know when to call it a day. Also, creating a separate budget allows you to keep your necessary expenditure separate from your gambling expenditure.
Think of it. You’re having a blast playing games in an online casino. It’s also the time when your rent is due. You check your account, and there’s not enough balance! It might sound ridiculous right now. But if you consider the rate of spending money in online casinos, it can very well happen.
What we’re trying to establish here is that you must be on top of your spending. This way, you’ll be able to keep track of all of your assets. Most importantly, you can take precautions before it’s too late.
Use the Responsible Gambling Tools
If you’ve been involved with the industry, you must know about the responsible gambling page. Every online casino has one, even the best online casino in Australia.
The problem is that very few players actually visit the page to see what’s written. They don’t think that they need the tools. And those are for the problem gamblers only.
The reality is very different, however. The tools and information that are listed on the page apply to all players, whether they have a problem or not.
From what we’ve seen, a big chunk of information on responsible gambling pages is informative. You get a list of self-assessment questions. It’s crucial that you answer these questions honestly because it’s going to determine your state of mind when you play games.
In the end, even if it’s apparent that you don’t have a problem, it can be an excellent learning opportunity.
And, of course, you’ll get to learn about various tools that you can configure by yourself. These tools can be the most effective way of saving money while playing casino games:
- Deposit limit: You can control how much you can deposit in a day, week, or month. The time frame will vary from operator to operator.
- Wager limit: An “wager” and a bet are the same things. So, when you set wager limits on your casino account, it effectively determines how much you can play.
- Time limits: Instead of controlling your behaviour from a monetary perspective, you can do it with time. Time-limiting tools will let you control how long you can stay logged in to your account. Similar to other tools, you should be able to manipulate this limit in a daily, weekly, or monthly format.
- Reality checks: If you think putting hard limits is a bit much for your taste, you can always go with reminders. A reality check is such a reminder from the operator. Whatever time frame you set, you’ll get reminders that you’ve spent “x” amount of time already.
- Cool-off: In case you’re looking for a short break from playing casino games in Australia, you can opt for cool-off periods. You can set up to 6 months of cool-off before you can join back in the party.
- Self-exclusion: This is a cool-off on steroids. The minimum time limit for self-exclusion is 6 months. You won’t be able to get back to your account after self-exclusion has been triggered. Even customer support can’t help you in this regard. This is one of the most critical tools of responsible gambling to use carefully.
Get a Handle On Emotions
Emotions and gambling don’t go well together. Science has proved over and over again that the state of mind we’re in has immense power over our decision-making. So, it’s very important that you manage your emotions when gambling online in Australia.
The very first emotion you should keep in check is expectation. Expectation often leads to disappointment. It’s best to have no expectations from your bets at all. And when you do that, your urge to spend more money in your account will automatically come down.
How do you not care about the winnings, you ask? Well, it’s as simple as taking gambling as a source of entertainment. When you go to the theatre to watch a cinema, you don’t expect to get your money back. Rather, you enjoy the experience and go home with a good feeling. Take gambling into the same category in your mind:
- If you’re too happy, it’s best to avoid playing that day.
- The same goes if you’re too sad.
- Avoid playing in extremely emotional situations.
Don’t Forget the Bonuses
If you’re thinking about how a set of casino bonuses can help you save money while gambling, it won’t. But no deposit bonus casino Australia has the power to add to your bankroll. If you add the gain to the expense, it counts as saving money. At least, that’s how we look at it.
Unfortunately, the Australian government has issued notice on how an operator can operate bonuses. On the bright side, it’s only for bonus bets. Sports bettors would know this bonus as a free bet.
It means the casino customers should keep receiving bonuses. When it comes to bonuses, there are many types. Some of them allow you to withdraw the bonus amount in cash. And others will allow you to play games without spending real money from your account.
Whatever the case is, never let a good bonus get away. Here are the types you can expect from the best online casino in Australia.
- Welcome bonus/first deposit bonus: These are reserved for new players and players who deposit real money. Ideally, you get the best of these bonuses when you sign up for the first time.
- No deposit bonus: A no deposit bonus is exactly what it sounds like. It’s a bonus that you get without depositing money. These are very rare to come by. So, if you find a no deposit bonus with favourable terms and conditions, you shouldn’t let it go.
- Free spins: These are bonus spins you can use on mobile slots or any other kind of pokies. Basically, you’ll be playing free slot games with a chance to win money with this bonus!
- Cashback: Cashbacks are one of our favourite kinds of casino rewards because it rewards after a loss. Depending on how much you lose while playing the games, you can get a percentage of it back.
However, jumping into a bonus without analysing a bonus is highly discouraged. By analysis, we mean keeping on top of the terms and conditions of the bonus. It’s the terms and conditions that make it possible or impossible for players to get the bonus.
Small Bets Make the Big Gains
A popular phrase that circulates all over the internet is “you need money to make money”. Sure, it’s true if you’re in the investment sector. But online gambling is not an investment sector. It never was, and it never will be.
So, there’s no point in betting big when you can get the same level of entertainment by betting small. Online slots, for example, may allow bets between a mere $0.10 and a whopping $100. The volatility, RTP, symbol payouts, etc., remain the same for all increments.
If you’re not in the game to make money (which you shouldn’t be), stick to the smaller bets. The maximum you can go is $1, as it helps you to understand the payouts better.
While this is true for pokies, we can’t say the same for table games or live dealer games. The majority of these games have relatively higher RTPs. It’s simply because the real-life counterparts of these games demand a similar range of bets.
Again, it comes down to your personal preference and judgement. Of course, if you want to increase the thrill level from time to time in any of these games, go ahead and increase the bet value. If you want to avoid the urge altogether, opt for dollar deposit casinos in Australia.
Let’s look at a table of ideal bet sizes for different games to save money.
| Games | Minimum/Maximum Bet | Ideal Bet |
| Pokies (3-reel, 5-ree, MEGAWAYS, etc.) | $0.10 – $200 | $1-$10 |
| Table Games | $0.10 – $50 | $1 – $5 |
| Live Dealer Games | $10 – $500 or more | $10- $50 |
Wrapping Up
If you’ve gone through this piece from top to bottom, it should be apparent that casino gambling can be rewarding in Australia. And if you play the cards right, there’s no reason for you to spend more than you have to. It comes down to developing a mindset where gambling is just another form of entertainment. You never have to think about saving money on entertainment, do you?
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