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Be smart and bankroll your bingo with a wise strategy

7 August 2009

By Nathan Howes






You only have to consider the huge community of players who frequent the hundreds of online Bingo sites every hour of every day to understand that Internet Bingo must have one helluva lot of fun to offer. It's also a form of online entertainment that offers plenty of value for money, with many Bingo sites offering very cheap ticket prices (we're talking pennies here) and even absolutely free Bingo as part of their promotions for new players. But if you're bitten by the online Bingo bug it's worth considering a strategy for long-term money management to ensure your Bingo fun doesn't become a problem. Online Bingo games are a form of online gambling and whilst the stakes are small compared to the sort of stakes that are possible at online casinos, it's a wise player that knows when it's time to call time during a session.



The very best strategy of money management is to set yourself a 'bankroll' to play with. Think of this as your Bingo budget – the amount you're setting aside for your online Bingo fun for a certain period. How much should this be? That's easy; set a figure that you can afford to lose. Never play with money that you'll miss if it's gone. Whatever sum you decide upon you need to be ruthlessly realistic about that figure if you are to enjoy your online Bingo experience.



The bankroll you set defines your 'loss limit'. If you find you hit that loss limit during a session playing the games at your preferred online Bingo site, that's the moment to end that session. The Golden Rule of any betting entertainment is 'never chase your losses'! Luckily the explosion of free Bingo games online means you can still find some Bingo fun to enjoy in the meantime, but resist crediting your player account with new funds until you can truly afford to do so.



An additional strategy worth considering if you find luck on your side and winnings flowing into your player account is to adjust your bankroll to continue playing only with those winnings. So, say for example you decide to set yourself a bankroll of £10 for a week's online Bingo and you're lucky enough to choose some winning tickets that mean your player account is now showing £25. If you fancy your chances and want to play on, do so with an intention to spend no more that extra £15 that week. Using this strategy, whatever your luck from then on, you'll still have a minimum of a tenner in your account to rollover for online Bingo the next week.



Reputable online Bingo sites, such as those we list at InternetBingo.co.uk, subscribe to policies of responsible gaming and are invariably affiliated to organisations such as GamCare and GambleAware who provide support and advice on issues of problem gambling. Playing Online Bingo games should be all about having fun, and for all levels of player good money management is one of the crucial keys to staying in control of their spending and getting the very best out of their time online.



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Nathan Howes has worked for several years in the online gambling sector and as an editor for UK-based online Bingo guide, InternetBingo.co.uk, which keeps fans of the game up to date on the best Bingo Sites and sources of free online bingo.

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Be smart and bankroll your bingo with a wise strategy is republished from Online.CasinoCity.com.