16, Apr 2021
The pros and cons of cautious betting in casino games
When betting online in casino games, you have the option of making fewer bigger bets and adopting a bold, aggressive playstyle or targeting a larger amount of smaller bets backed by a cautious, risk-averse mindset.
The latter is a great way to ease yourself into online betting if you are playing casino games for the first time. However, you should be aware that there are both pros and cons to cautious betting and that it may not always be the best approach.
Before you adopt a strategy, you first need to log into one of the best NJ online casinos and select from a vast catalogue of more than 500 table games, video poker games and slots. By using a reputable site in New Jersey, you will know that your money is safe and that you are accessing the best casino experience possible across a range of devices.
Pros of a risk-averse strategy
A cautious betting strategy is closely aligned to your bankroll and managing it effectively during a session. When betting online, professionals often set a 10% betting limit for their total bankroll. This means that you would only use $20 during a casino game after making a deposit of $200. This cautious approach ensures that your balance remains safe even if you lose the $20 during a session.
The 10% limit is not set in stone though. You could bet only 2% or 5%. The important thing is to set a limit that is best for you. The advantage of being cautious here is that you will be able to play your casino game of choice for longer. This is very useful, especially when playing skill-based games such asTexas hold’em where you can go on longer losing streaks.
A cautious approach will also reduce the chances of losing all of your money on a particular game. Whether you are playing at one table or a variety of different games in a session, a well-managed bankroll will give you a better chance of winning something in the long term.
Cons of limiting your bankroll
Setting aside a small percentage of your deposit is easier when you have made a larger deposit. If you only have $250 in your account, for example, a 2% limit would only give you the ability to wager $5 each time, which is quite a small amount. This is probably not suited to professionals who want to bet big.
Another downside for some players is that cautious betting deprives them of ‘action’ in that it takes longer to get into exciting scenarios. In poker, for example, a passive style with small bets limits your ability to bluff and take on other players in larger pots.
For most casino games, sitting on the sidelines and waiting for an opportunity is not as exciting. This is why players often vary bet sizes depending on their experience and how lucky they feel.
As with most strategies, there isn’t a singular style that works in every situation. Cautious betting could be right in certain situations but then hold you back in others. Try to be risk-averse when the game demands it, but be flexible enough to change things up if necessary.