Is playing casino for your investment a good idea?
The views and opinions expressed here are those of the authors and do not necessarily reflect those of SevenJackpots or its clients.
Should you play casino games with real money?
If you’re a person who has yet to decide if you want to make that deposit and play casino games with real money, let me tell you that you are not alone.
As a matter of fact, lots of people are afraid to sign up to online casinos because they don’t know if it’s good to play casino for their investment or not.
What if it isn’t? And what if it is? How can one tell what is right and wrong?
Well, thankfully for you, I’m here to (hopefully) bring some clarity to your dilemma.
Can you afford to play with your investment?
This is the number one, absolute most important question you need to ask yourself before making your deposit.
Do you have the means to play real money games? If you’re unsure, think of it this way, “can I afford to lose these funds I’m about to play with?”
If the answer is no, you’ve got your answer; you cannot afford to play and should therefore not play with your investment.
And that’s ok! Maybe you will be in a better financial situation in the future, and then you can revisit this question.
Are you excited about playing for real money?
This is another important question. If the idea of you playing with and potentially also winning real money excites you, then playing with a real money investment might be for you.
Some players find great joy in playing slot games for fun using play money, but to gain access to all games of a casino, such as jackpot games, live casino tables, lottery, and sports betting, you will have to have a real money balance.
Do you have control over your bankroll?
When playing with an investment, it’s important to keep track of your winnings and losses. Many experienced gamblers make sure to keep a bankroll for this very purpose.
A bankroll is funds that are separate from your savings and that are only used for gambling. Keeping these funds separate gives you a much better overview of how much you’ve either won or lost.
Without good bankroll control, you are at risk of playing for money you didn’t intend to use for casino games.
Do you get emotional when you gamble?
While jumping up and down from joy after a big win is fun, getting frustrated, angry, or sad from losing money in the casino isn’t.
When it comes to playing casino with your investment, it’s important to reflect on one’s mood often.
Whether you are happy or sad, emotions can make us do things we weren’t supposed to do; like placing larger-sized bets than our bankroll allows or playing games we aren’t sure we know the rules of.
Are you playing while under the influence?
Just like our general mood can affect our decision-making, so can alcohol and drugs. Being intoxicated can make us lose track of time, miss opportunities, and make decisions we regret in the morning.
While playing online casino games for fun is fine after a few glasses of beer, we do not recommend doing so using your investments. After all, it’s an investment, so it should be treated with respect.
No one plays every day all the time
It might seem tempting to play online casino at every hour of the day when you know that they’re open 24/7, but there’s no need to do so!
Gambling with an investment should, at the end of the day, be seen as a means of entertainment. So set a day and a time for when you allow yourself that entertainment. This is also important to ensure that you aren’t neglecting friends, family, work, or your own well-being by gambling for extended periods of time.
Many genuine online casinos allow you to set deposit or session limits within your casino account, making it a lot easier for you to gamble responsibly.