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As we have said many times, the idea behind the great online casino games here at Everygame Casino is FUN! We have also said many times that having a set monetary budget also enhances the fun of casino gaming. In this article, we will combine the elements of sound money management and the value of formally having fun.
Setting Out to Have Fun is the First Step
Kids have fun as a natural course of their daily activities. Kids will shake off a fall and a bruised knee like the Toons of “Who Framed Roger Rabbit” a famed movie from the last century. Adults don’t shake off a fall as easily as kids do. We have many responsibilities while kids have few to none.
So, adults need to set aside time for fun. Now, fun for adults also involves responsibility. That is one of the reasons Everygame Casino supports responsible gaming.
As much as we strive to turn gambling into gaming, we are well aware of the fact that as long as real money is being wagered, there is an element of gambling involved and we are determined that all of our players should succeed in turning their gambling into gaming.
How Many Ways Are There for Adults to Have Fun?
Why, possibly an infinite number of ways. Adults have terms such as hobbies to describe generally and genuinely fun activities. Playing online casino games is one great way of many great ways to have healthy adult fun!
Most of the fun activities adults enjoy cost money. Here is where sound money management enters all of these fun activities including online casino gaming. Sound money management allows adults to forget about the cost since the coat has already been factored into the activity.
Only by using the best principles of proper money management can any fun activity, including online casino gaming, be fun!
How Does the Non-Online Gaming Venue Add Up?
Obviously, we are talking about land-based casinos. We feel that we must add a short paragraph or two about why responsible gaming and simple casino fun is harder to come by at a land-based casino than at an online casino.
Most players go to a land-based casino for a long weekend or a short midweek vacation of sorts. The trip alone plus the hotel cost money before the player has clicked on “spin” on a slot a single time or played a single hand of blackjack or video poker.
Setting a sound financial budget under these circumstances is a lot harder than doing so at Everygame Online Casino! Players want to get their money’s worth. Since they have already spent a lot of money up front, they often naturally have a higher budget for gaming to begin with.
It is also much harder for a player at a land-based casino who has seen his or her bankroll dwindle to nothing to stop gambling. Thus, a higher than normal bankroll often grows during the long weekend at the casino!
What Are the Main Principles of Sound Money Management?
We will list these main concepts first and then we will elaborate as space allows.
- Put it down on paper.
- Include all expenses no matter how small or trivial.
- Enjoy your free time for free.
- Learn how to set priorities.
- See every dollar as a single dollar.
- Learn how to correlate time and money.
- Delegate tasks to yourself.
- Do what you need to do to stay healthy.
- Make it a pleasant experience when you say NO to yourself.
- Avoid distractions and turn distractions into positive moments.
How Are All of These Points Connected to Money Management?
It does seem that many of these points have nothing to do with sound money management but they all do! So, let’s get right to the detailed analysis of these money management points.
Putting Everything Down on Paper
In the modern world, 'on paper’ can also mean on a spreadsheet! The important part is to have everything down on paper.
The cost of a 60-minute session of gaming is a function of the games you play, the speed with which you play, and so on. So, if a gamer wants to play slots and he or she finds that $100 lasts only twenty minutes while playing slots, the potential results could be to set aside twenty minutes to play, to reduce the gaming budget, to play other games that return more money to players, or any other change in the dynamic so as to take the loss rate in slots into account.
The budget might stay at $100 or it might be lowered to make the gaming last longer. It is rarely, if ever, a good idea to raise the gaming budget to accommodate a loss rate or a long gaming session.
Putting everything down on paper creates a “permanent” record. This permanent record can easily be revised. Gamers do not have to remember everything when it is already down on paper!
All Expenses Are Real Money Matters
A gaming budget is an obvious real money matter that needs to be budgeted for. In order to get a real-world number as a gaming budget, players have to list all of their expenses. This is an obvious bookkeeping practice in business and it should be the same for household expenses.
Online casino gaming should be considered a household expense even if a gamer plays on Everygame Casino’s excellent mobile gaming platform away from home.
Enjoy Free Time
Any free-time activity that costs money is an expense per the previous discussion. There are also many free activities that gamers can enjoy thus making it easier to budget for gaming et al.
Books are expensive but libraries are free. Travel by car, bus, train, or plane is expensive but riding one’s bicycle is free. Restaurants can be expensive but cooking at home can be quite inexpensive, fun, and a great way to get together with friends.
Prioritize and Delegate
The entire discussion to this point has been about prioritizing. This is a great skill that most people do not master. It is incumbent upon all gamers to master this skill.
Prioritizing goes hand-in-hand with delegating. Here we mean to delegate activities and responsibilities to oneself. Letting someone do all the food shopping, cooking, and cleaning for a meal is what restaurants are all about. Delegating all of those activities to oneself can be a wonderfully rewarding event especially when you can calculate how much you saved by doing it all yourself.
Say Yes
The item listed above was to learn to say no! But by saying no to many activities, we free ourselves to say yes when doing so leads to great pleasure and fun. It can also lead to releasing money for another purpose. If we say yes to 30-60 minutes of online gaming, we might be able to earmark money for a “real vacation”, one that doesn’t involve a land-based casino.
Connect Time and Money
It is a cliché in business that time is money. In our everyday lives, time and money are directly correlated. Seeing this connection is another skill worth learning.
How to Avoid Distractions
Land-based casinos are a fountain of distractions. Some are pleasant enough if the distraction is worth the cost. Many of the distractions at a land-based casino are not pleasant such as being hassled, harassed, or hit upon by an inebriated person on the casino floor or in the streets.
Distractions at home are often the result of missed opportunities to plan, delegate, say yes and say no, and so on! A leaky faucet must be fixed lest it invade the moments that should be set aside for fun! Delegating to oneself to fix the facet can and should lead to a moment of significant joy as a distortion has been turned into a positive moment.
Online Casino Gaming at Everygame Casino is a Compendium of Positive Moments
Our goal here at Everygame Online Casino is to make positive moments for gamers. One great way is having a few hundred great games by a great game provider, SpinLogic! Another is providing gamers with top-level bonuses! Our Welcome Package is worth up to $5555!
We also worry about our gamers’ assets as they are always kept on account here. So, we help gamers achieve that sense of release from distractions by using the best encryption software available to protect assets and allow gamers to enjoy gaming worry-free.
