Three Bad Casino Gambling Habits You Could Break Before 2013

Gambling has earned a negative connotation in the mainstream mean, and mostly because it has been associated with destroying people’s finances. In reality, it is bad gambling habits that really cause the pain that many families feel from the ill effects of gambling. It has been said that gambling isn’t the problem, it’s losing that is. Unsound gambling habits simply compound losing, and cause gamblers to tear their families apart. It doesn’t have to be this way though; and below are a few ways you can break these bad gambling habits this year.

Play with a set amount

image01It should go without saying, but gambling with more than you can afford is a recipe for disaster. Instead, take an honest look at your finances, or better yet, have someone else do it for you. Determine a bankroll, and set a daily loss limit. Adhere to this strictly to ensure that you never get overextended.

Never hit the ATM in the casino

image02Always take cash out before making your way into the casino. In addition, never hit the ATM while in the casino after you have bled through your resources (see above). ATMs have the best payout ratios of any machine on the floor, which can be dangerous! Now obviously, ATMs aren’t a game, but when gamblers aren’t cashing in games, they want the feel and rush of touching and handling cash again. Where else to get this, but the ATM?

This doesn’t even take into consideration the fact that ATMs are much more expensive in a casino than anywhere else. So from a strictly financial aspect, it doesn’t make sense to ever use an ATM in a casino.

Stay transparent

image03The best gambling habit to break that will have the longest lasting impact is to be open and honest about what you are doing. Telling someone else the truth about your wins and losses is the most powerful way to keep your gambling under control. The fact is that many gamblers can rationalize losses as events out of their control and wins as strokes of pure genius on their behalf. Having a sounding board will provide some context about your performance.

Combining these three approaches will help not only break bad gambling habits, but also provide the framework for an effective bankroll management program. Limiting your losses, avoiding ATMs, and being open and honest will ensure that you stay disciplined and controlled. You will not attempt to hit home runs or chase losses in a night. If things are going poorly one night, simply take a break and enjoy a nice dinner. Don’t throw good money after bad.

With that in mind, it would probably be a good idea to give yourself a “treat” if you are suffering losses. For example, if you establish that you can only lose a certain amount of money in a night, make a deal with yourself to do something you enjoy if you lose that amount during the night. If you enjoy movies, hit the movies when you reach your limit.

Frances Hill

Frances Hill has an anonymous identity on the web with which he's won over $27k in casino & poker games online. He's half Canadian and currently he's working hard to get his degree in Information Technology Engineering. A smart kid, described by the staff as "geeky yet adorable", he stays up-to-date on everything related to casino technology and mobile gaming advances.

  • i too am guilty of going over my spending limit. i get caught up in the game and keep going. cgeorge0404

  • jacksmom11

    Oh yes I have gambled away more of my money then I should many a time. The excitement of hitting it big gets me every time. Thanks for the great tips! I will try them next time I hit the casino :)

    Jacksmom11

  • alisa8119

    My husband and I have this whacked system that seems to works sometimes lol. When playing slots at the casino put in twenty or so and when I hit something cash out and he gives me another 20 to continue. Usually I have a stash anyway. LOL alisa8119

  • I have a habit of going to “grocery” store just before they close and not making it on time which then means i head to casino which is 30 to 40 min. away with grocery money and probably not enough gas really for trip. Getting there and losing most of the cash hitting atm 20 dollars at a tme 5 or six times not realizing there really isnt that much in acct. hiding the bank statements from my husband 4 two weeks too long and like $1000 in overdraft and fees and wat ever else racked up in the hole basically, gave up the ATM part of my habits that was just like an expensive lesson.LOL mybabydjob.

  • I also have the habit of over spending,but I think my biggest problem is not quitting when I do hit a jackpot I willput it all back in trying to hit a bigger jackpot.

  • I always keep playing after I hit a jackpot. I tell myself I’ll just play down to (whatever amount), but when I get to that amount, I keep going. I’m telling myself “you need to stop now,” but usually I just ignore that inner voice because I’m having so much fun. Then if I lose it all back, I’m very angry with myself. I really, really need to learn when to quit! elysian

  • Knowing when to quit is the key. Also playing the same games over and over. Gotta try something new

  • Knowing when to quit is the key. Also playing the same games over and over. Gotta try something new

  • user name: tama, my worst habit is thinking that the next hand will be the winner. Keep pumping money into it until all gone.

  • jonmaan1

    the worst habit of all is not knowing when to quit, I have often been ahead and never left with more than I came in with. Quit when your ahead and come back another time. jonman1