Nobody is perfect and we all make mistakes, but learning from mistakes is important. Repeating mistakes that you should already have learned from is a red flag.
Sooner or later, overconsciousness becomes a problem in any area. No matter how good you are at your job, at some point someone will surpass you.
As a player, and this goes for anyone who takes deliberate risk, it is crucial to believe in the inevitability of your success. Why else do you gamble for real money at all?
As long as a player believes there is a chance of winning, the game is well worth playing. But when the player feels so cocky that they neglect basic strategy, they are undermining their own success.
Here are some examples of how over-reliance leads seasoned players to make easily avoidable mistakes.
1 – Check the rules before you start playing
When you've played the table games so many times that you know the rules by heart, stop looking at the published table rules. These players may even think they don't need any hints or game tips.
It's not a catastrophe, but I know more than a few players who were surprised to learn that things were not what they expected.
When the casinos switched from 3: 2 blackjack to 5: 6 blackjack, quite a few players were surprised. How often do the published rules change?
Not often enough to keep us posted. I'm not going to play a conspiracy theorist and say that the casinos were hoping for it. It was a slight mistake and a few people got surprised.
On the other hand, some keno players assume that all video keno games are the same. That is not true. Their rules are set by their makers, you need to remember this important casino tip. The casinos might even request special games.
And transferring your Video Keno experience to another variant of the game is also risky. The probabilities and payout percentages can vary from state to state, casino to casino, gaming style, and more.
I've even heard some older slot players complain that their favorite games have stopped paying too. The casinos may not like changing the slot game percentages, but they do have this option. I am sure it happened. although not as often as some players believe.
Whenever a game publishes an estimated return for the player, check it every time. Although you know the RTP does not guarantee you anything, you can adjust your expectations if necessary.
For the same reason, if you consider yourself an expert at blackjack or poker, because you have been playing for a number of years, the live casino experience is a different card game. Even if the rules are the same, it offers a different experience.
2 – Don't overlook the terms and conditions
I have closely followed several online gambling forums. They offered to intervene in online casinos when players complained about not getting paid or, worse, losing their accounts.
Sometimes an online casino is referred to as a "villain" because it does not work to solve player problems. But in my experience the players who reported these casinos sometimes did not read the terms and conditions carefully.
Casinos can be responsible for making these arrangements complicated and difficult to find.
Some online casinos publish two terms and conditions. One is for the general casino account and one for all bonus offers.
When I was more active in online gaming, I was frustrated that casinos didn't just combine these documents. After finding out that it was standard, I checked each site for a second document. I know that a lot of players do not practice this game tip even though they are experienced players.
As long as you don't break the rules and the casino pays you on time, you can live happily in your ignorance. But it's entirely up to you if you don't know the terms and conditions of the casino or the bonus you are using.
3 – Track wins and losses
This is more of a problem for me when playing with my wife. One of us will lose if the other wins. We give money back and forth.
Sooner or later we will find that we have blown our bankroll. If we're lucky, we'll both win at the same time, but you can't count on that.
Budgeting is an important casino tip when you don't want to access your savings account and credit cards. Know how much you always have to play with!
Even online games can be problematic if you don't transfer all of your balance to a game. I've seen some players admit that they didn't realize they had used up all their balance by adding too much money to their active game balance.
There are several popular ways to keep track of your money. One that I've tried a few times is to put all of my money in separate tickets or chip stacks in the early evening. I only play blackjack games on my blackjack budget. And when that's gone, I won't borrow anything from the slots budget.
If I get ahead early, I'll put some of my profits into a reserve fund. I will decide later whether I want to play with this money or leave the casino with it.
4 – Don't assume that you are good enough or better than everyone else
This is not a big problem at blackjack tables, except when a drunk starts criticizing other players. Fortunately, this doesn't happen too often.
I have a few friends who play poker and they tell me that overconsciousness can be an important factor in both online and land-based games. A friend even told me that the best poker players use the overconsciousness of less experienced players against them.
Overconsciousness is also a factor to think about in sports betting.
You have to be able to rely on your choices. However, when you use an online sports betting exchange to create your own market, you are taking an additional risk.
Bookmakers don't just set odds based on their opinion. They take into account the balance of the stakes on either side of their prop bets. The bookmakers want to earn a commission and the players want to win bets.
When you start making your own book, you need to come up with reasonable quotes. If you overexert yourself because you think you have a sucker on the line, ask for trouble.
5 – Rate gambling on margin or credit
I've seen this situation before. It was a combination of not being ready to quit the casino and running out of money.
I had a credit card in my wallet that was fully paid and it was way too easy to borrow a thousand dollars. While it was fine with me, this may not be your ideal scenario.
But it might not seem bad to a player being used or sponsored by someone else. As long as they win overall, their sponsors stay in the game.
The idea of investing in a gambling career is bringing some people back, but it is definitely going to be big business. And how does it differ from investing in a startup or an established company?
Investors buy stocks even if they fall into the penny stock range. Until someone stops buying the stock, it is always a risky investment, not a certain loss. The company could be digging its way out of a hole just as a player starts winning again.
If you are convinced of your abilities and skills, playing with someone else's bankroll can just be a helpful gaming tip for you.
6 – Never neglect personal finances or the cost of living
Every player should be aware of their personal finances. Most people gamble occasionally for entertainment and gamble on a tight budget.
It is the regular players who risk getting themselves into a bad financial position.
As long as you pay your bills and build your savings, you have the leeway to play your income as you see fit.
When you start borrowing from your household budget, it is probably time to take a break. Get your personal finances in order, rebuild your budget through bankroll management, and wait for a better day.
The casinos are not going anywhere!
I can imagine some stupid mistakes I made where I should have known better. I can't undo them now, but the lesson I can learn from makes future mistakes easily avoidable. Never let your superconscious mind make decisions for you.
Once you feel unstoppable and let your decisions make, you are again making an avoidable mistake. Only make rational and sensible decisions when you are playing. This goes for your gameplay and bankroll management.