Your right palm is itching, and you want to cash in. A trip to the casino seems like the obvious answer. But you don’t have a lot of extra money lying around to work with. That’s okay. Today, we’re going to talk about some valuable, proven tips to save money at the casino.
The most important advice of all – the golden rule, so to speak – is that you will save money gambling at online casinos far easier than you will at a land-based casino. I’d be willing to bet that you’ve already got internet access, as well as a computer, smartphone and/or tablet to do it with. You wouldn’t be reading this right now otherwise.
Why Gambling Online is Always Cheaper
There’s a few very good reasons why online casinos are less expensive. The most obvious is that you won’t need to travel to get there, saving on fuel cost, if not exorbitant air travel (depending on how far the nearest casino is).
Secondly, you won’t have to worry about additional expenses when you get there. If you’re hungry, go to the refrigerator, not the buffet. Same goes for thirst. Sure, casinos have a habit of comping drinks, but you’ll still have to tip the bartender or waitress.
And what about the dealers? Unless you plan on feeding the slot machines all night, you’ll be shelling out a tip to the dealer as well. If it’s a really nice casino, chances are a trip to the restroom will require a handout to the attendant.
All of these added expenses can be avoided by playing at online casinos. Every dollar you have to spend can go into your bankroll, not a cash register or tip jar.
Better Payouts at Online Casinos
Playing online isn’t just about saving money at the casino, it’s also about increasing your chances of winning. If you’re a fan of the slots, brick-and-mortar casinos are the worst option, especially in Vegas.
Land-based casinos are only required to set their slots to pay back a minimum of anywhere between 75% and 92%. Most jurisdictions require 87.5%. That ultra-low 75% belongs to Nevada. Some casinos will be worse than others, but none will match the higher payout rate, or return to play (RTP), of online casinos.
Internet slot machines can pay anywhere from 94% up to 99%, with 96% being today’s median.
What this means is that, on average, an online slot will return $96 for every $100 it takes in.
At that rate, based on the average player’s wager ($0.25/spin) and spins per minute (6), you can expect to lose about $4 per hour. With a $50 bankroll, that would give you about 12.5 hours of playing time to hit a lucky spin, recoup current losses and walk away a winner.
Low Stakes Table Games
Unless you walk into the right casino, at the right moment, you’re going to be betting at least $5 per hand of blackjack. Some casinos do host $1 happy hours, but you’ll have to show up at an odd time, like maybe Thursday at 2:00am.
Online casinos aren’t nearly so strict. They offer $1 minimums all day, every day. Some even present lower stakes of $0.25 or $0.50 on table games. Thus your $50 bankroll will go a lot further at an online casino.
No matter what game you want to play, or how much money you have to bet with, you’ll always save money gambling at online casinos.
Royal Vegas Canada is Canadian friendly, a legitimate brand and operator that has been our editorial pick for back to back years. Highly recommended for prospective Canadian gamblers.