If recent industry reports are anything to go by, the global online gambling market is exploding in popularity. Although online gambling has been on the rise for quite some time — with online casinos being one of the earliest forms of online gaming — the last few years have seen the industry grow to a whole new level thanks to the rise of fast mobile internet and powerful new mobile devices.
In fact, the online gambling sector has become so popular that industry analysts have recently predicted that by the year 2027, the global gambling market will grow to a staggering $127.3bn with a compound annual growth rate of 11.5%. These are incredibly impressive figures and give us a sense of just how popular gambling now is.
With the industry expanding at such a staggering rate of growth, however, this also means that more and more new users are signing up for online casino accounts for the first time. While this can certainly be an exciting time, it also has the potential to be confusing.
For novice users in particular, getting started online gambling can be an overwhelming experience. With so many new online casinos launching, choosing a platform is by no means a straightforward process.
With this in mind, in this short article we will give you a few quick tips and tricks that will help you to play more smartly in 2022. These tricks will be particularly useful for novice players and will hopefully help you to get the most out of your online casino experience!
Take advantage of sign-up bonuses
Perhaps one of the best things you can do to play smartly in 2022, is to take full advantage of the sign-up bonuses that are available for new players.
With so many online casinos to choose from, the hunt for new players has become increasingly competitive. Due to this competition, the welcome offer has become an increasingly common sight in the world of online casinos.
These are used by online casinos to entice new players onto their platform, with the hopes it will be enough to convince them to stick around in the longer term.
For new users, these bonuses can often be quite lucrative. They tend to consist of cash bonuses, deposit bonuses, free spins, or free wagers on certain games.
The only caveat we would have about welcome bonuses, however, is that they often come with quite strict wagering requirements. You should always read the terms and conditions attached to a welcome bonus before depositing any funds and always look for the bonus with the lowest wagering requirements.
Don’t feel the need to stay loyal
As a follow-on from the previous point, another useful tactic to play smartly in 2022 is to not worry about being loyal.
Although online casinos often have enticing loyalty and VIP customer programs in place, these are typically not as lucrative as the welcome bonuses you can take advantage of.
With this in mind, never feel pressured to stay loyal to one brand or platform and don’t be afraid to shop around for the best deal. New Zealand-based SkyCity is an established land-based chain of casinos that has recently entered into the online casino space, so they’re a great example of the kind of generous welcome offer you might find on another platform. If you see one, go for it!
It’s all about bankroll
One of the most important things you will need to learn when you are playing on online casinos is bankroll management.
Your ‘bankroll’ is essentially the funds you have to play with when you are gambling. While your aim is obviously to expand it as much as possible — after all, who doesn’t love winning — it is inevitable that your bankroll will shrink if you lose a game.
With that said, one of the keys to longevity in the world of online casinos is keeping your bankroll alive as long as possible. Your default approach should always be to preserve your bankroll. While this often means logging off when it dips below a threshold, it might also mean logging off when you have made a certain amount of winnings. Being savvy with your bankroll and knowing when to call it quits is one of the most difficult skills to acquire when it comes to online casinos. However, if you want to play smartly in 2022, it is also probably one of the most important lessons you will learn!