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Here at Everygame Casino Red, we always seem to get around to telling gamers to budget wisely for online casino gaming. Getting large deposit bonuses certainly helps organize one’s money. Remembering to use the correct bonus code is essential to get the bonus. Here we would like to get into the nitty-gritty of organizing our time and money.
The old cliché that time is money certainly sets us in the right direction, but we want to go beyond the clichés. How do professional people organize their time and money?
Let’s Follow the Cliché and Start with Time Management
So, time is money. That leads us to choose to control our time better. Organizing our time better has many salutary effects. Some of the effects translate into money, and some translate into better living generally.
Here are just a few ways that good time management benefits people.
- When we know that we are in control of our time, we have more self-confidence.
- When we control our time, we accomplish more.
- We have a lot more fun when we designate time for fun and time for duties. Sometimes, we can make even our duties fun.
- When we regulate our time well, we have more free time to do whatever we want without any unnecessary time control.
- Regulating time also means sleeping well and enough. That means that we have more energy to do the things we want to do and have to do.
- This finally translates into having a lot less stress.
Write Things Down
A lot of people cringe when they read this piece of advice. It is not original with Everygame Casino! There are two elements to bear in mind here. The first is that when you start to write things down, you are developing a habit of writing things down.
Later on, we will talk about setting priorities. You will also set priorities in the act of writing things down. We are not telling you how to write things down, just to put ideas, goals, and plans down on paper. With apps, a lot of people use their smartphones as a paper and pen. It all amounts to the same thing.
You won’t have to write everything down over time. But you should itemize as much as you can as you get started.
When you write things down, you discover how you spend your time.
Then you can prioritize your time better and even eliminate some of the things you have been doing.
Be Realistic
Good time management requires a realistic approach to everything you do. Being realistic means stating to yourself how long a task should take, how long you think it will take, and whether the task is important enough to tackle now, today, this week, or ever.
Why is Time Management Important for Online Casino Gaming?
First of all, let’s acknowledge that time management should mean foregoing yet another trip to a land-based casino. How long should it take to get to a land-based casino? Hours! How long will it take, given modern travel protocols? More hours! Is it important enough to you to go to a land-based casino again? Most gamers have answered that question with a resounding NO!
Now, you should decide how often you will play at Everygame Casino and how long you will play for. We suggest playing a couple of times a week and for 30-60 minutes. As you play and pay attention to the frequency and length of your sessions, you can tweak them in either direction.
Money Management is Both Obvious and Not Obvious at All
Now we segue to the vital area of money management. Everyone except the awesomely rich will make monetary decisions every day. Can I afford this garment? Can I afford priority seating on a flight? Can I afford $50 a pound of cheese? Can I afford tickets to the game?
Here we are challenging ourselves to set a sound budget for online casino gaming. Just as we all decide if we can afford something outside of the casino, we can also decide if we can afford gaming within the casino.
Writing Everything Down, Again?
Returning to time management techniques, we should write down all of our regular expenses and then all of the things we want to do that cost money but are not on the regular expenses list. We will quickly see that there are a lot more things on the non-regular expenses list than on the regular expenses list.
Now we should put that list in order of priority. Is paying for a streaming service more important than gaming? Where does going out to eat with friends land on the list?
If we are realistic, we will have a very long list of things we want to do that are not absolutely necessary.
How Much Money Do I Have After I Pay All of the Necessary Expenses?
Once again, a realistic approach is vital. Deciding what are truly necessary expenses is also vital. A lot of gamers find that a $50 budget, give or take, for a couple to three sessions per week is within their means.
Stay with that amount until your means improve.
You might decide to spend the time it takes to master the best strategy in blackjack and video poker so that you can get the approximately 99.5% return to player rate in these games for gamers who follow the best strategy on every hand.
Let’s say that you have chosen 60 minutes as your gaming budget. Let’s say that you can play 5 hands of blackjack or video poker per minute. That brings us to 300 hands for the 60 minutes. If you bet $5 per hand, you will have bet $1500 in an hour. If you get back 99.5% of that money, you will end the session with a loss of $7.50.
Over 300 hands and at $5 per hand, the loss of $7.50 is one and a half hands lost over the ones you win. Just a small turn of luck in your favor, and you will win $7.50.
When Gamers Combine Time and Money Management Fun Ensues
The entire point of this article is that, while Everygame Casino Red has amazing benefits for gamers from 400 or more games, to great promotions, to super safe banking, the most important element in the control of all gamers is sound time and money management.