One of the primary obstacles for avid gamblers is finding the available funds to gamble. It’s critical that all money used for gambling be cash that’s free from any other responsibility.
Many would-be gamblers struggle to find the additional money to gamble. Luckily, there are ways that you can bet for less than you’ve imagined.
I’m going to give you some of my top ways to gamble for a fraction of what you’re accustomed to. How small of a bankroll can you get by on?
Here’s how to fund your gambling adventure for less than $100 a month. Best of all, the more you win, the lower that total goes.
The Obvious Boring Choices
The first thing I think of when considering gambling on the cheap is the games. Many of the games I associate with low-budget gambling are not my premier choice.
Keno is a game that I consider a great way to stretch a dollar. Unfortunately, keno is among the least exciting casino games.
A lot of gamblers assume that to get the most from a buck, they must sacrifice entertainment. That’s not true.
The methods I’ll cover should bring plenty of excitement to your gambling activities. The games keno, bingo, and penny slots are off the table.
I want to play the most exciting games in the casino. It doesn’t matter if I have $100 or $10,000 in my bankroll.
Play with House Money
If you’ve never looked into online casinos, you’re leaving money on the table. Online casinos offer fabulous deposit bonuses to new players.
These bonuses often match or increase your deposit amount up to 300%. So, if you deposit $100 into your account, the casino will make your total bankroll $400.
These offers are rare, but 100% matching offers are all over the internet. That will instantly double your bankroll.
The problem with relying on these bonuses to up your gambling strength is evident. Each month you’ll be forced to another casino.
That may not make any difference to you. But if you’re waiting to cash out, it may create a significant inconvenience.
I find it taxing to jump from casino to casino, but my gambling bankroll is pretty well set.
You should pay attention to the offers terms and conditions. These bonuses come with hefty wagering requirements. You may lose the entire sum by trying to withdraw the funds before the appropriate time.
Focus on Poker Tournaments
Walk into a casino poker room with $100, and you’re probably in for a short stay. Trying to make that $100 last for several sessions could be torturous.
This approach will back you into playing so tight that you may never see a flop. Again, not the most entertaining way to gamble.
But if you take that $100 and use it on entry fees for tournaments, you could be on to something. Poker tournaments offer an exciting way to play.
You’ll also see many free tournaments. Some will award entries into more significant events played for real money. Focus on poker tournaments, and $100 could float you during a typical month.
Slow Roll Your Sports Betting
Sports betting is one of the most exciting forms of gambling in the United States. People see the top sports bettors making millions and want a piece.
Some are merely content with the added excitement of having some skin in the game. They fail to realize how little money will satiate the desire for action.
Many fail to realize that the elite sports bettors may only make a single wager per week. There are several huge benefits of only completing one bet.
The most obvious is that you’re trying to keep your gambling budget low. By making one bet per week, you can still wager $20-25 per wager.
That’s more satisfying than making a handful of $10 wagers to many gamblers. However, the lower your average bet, the less money you’ll require.
The more beneficial aspect of making fewer bets is less obvious. By picking only one game a week, you can focus all of your efforts on that one game.
You’ll be more likely to hit a winner because you’ll do more work to find the best value. Try betting only one game per week for a month. The results will impress you.
Save a Ton of Cash Playing Online
Going to the casino is expensive. You can save yourself money in several different ways by gambling online.
When you travel to the casino, you’ve got expenses like gas, airfare, lodging, meals, and ATM fees. Plus, a ton of ancillary costs you need to work into the budget.
The average cost of a Las Vegas casino trip is over $1,000. That’s operating on a light wallet with not much of a gambling bankroll.
You may negate many of these expenses if you’ve got a local casino. Still, gas and meals will add up.
Then you have the hidden costs of gambling in a brick-and-mortar casino. The house advantage on many games will be much higher than an online casino.
Online casinos offer slot games starting at only a penny with RTP above 98%. Online casinos don’t carry the massive overhead required to be an all-encompassing venue.
That frees them up to make a good profit from less money. Almost all of the games you’ll find online will give you the best house edge.
Ditch the casino, and you can make $100 go much farther than you think.
Explore Daily Fantasy Sports for Cheap Options
One great avenue for gamblers with tight money restrictions is daily fantasy sports.
Daily fantasy sports give players a chance at massive money for a minimal investment. The primary concern is that you’re battling legitimate professional gamblers.
It’s rough when you compete against a gambler who devotes their entire life to a specific discipline. You’re at a tremendous disadvantage. The fact is that most amateurs lose playing DFS.
However, there’s a new way to play DFS. Prize Picks gives punters a ton of options in an over/under prop betting format.
You can make small wagers on the performance of specific athletes. That deletes the headache of building a roster with a salary cap. This way of doing DFS is changing the game, and it’s perfect for players without a big bankroll.
Play Blackjack with A House Edge of 0.5%
One of the best ways to gamble in the casino is playing blackjack using basic strategy. When you play this way, the house advantage drops to 0.5%.
You can expect to play around 40 hands per hour. So, find a $5 game with the best rules, and your expected hourly loss is only $1.
Eventually, you will lose. So, it’s good to have a plan for rebuilding your bankroll. But you’ll get at least 80 hours of casino fun from your $100.
That’s enough to keep any recreational gambler happy.
Save Up Between Trips
Here’s a wild proposition. Instead of blowing your $100 each month chasing small action. What if you saved your money between casino trips?
That’s not going to impress the casino, but it’ll easily float your casino trip. If you’re smart, you can even bring some of that money home.
Use the interval between trips to practice online with free casino games and become the best player you can be.
Limit Your Gambling to a Minimum
Another novel idea is to curb your gambling severely. If you’re betting on games daily, $100 will vanish in a hurry.
When you buy lottery tickets for every drawing and scratch-offs in between, you burn a lot of cash. Try limiting your lottery purchases.
When you go to the casino or log in, limit the time playing. You’ll be amazed at how much better things go when you’re responsible.
There’s not a lot of underlying wisdom here. The less you gamble, the less money you’ll need.
I’ve given you several ways to gamble without having to cash in your 401k. Still, there’s an approach that could change everything for you.
Learn to Win
Learning to win is within the realm of possibility. The key here is that by winning, you can rapidly grow your bankroll.
The specific problem is that it’s a genuine challenge to win in the casino. Yet, by focusing on the best areas, you’ve got a shot.
Poker players are at a great advantage because they are playing other players. So, there’s no measurable house edge to overcome.
Yet, the idea is to change the way you gamble fundamentally. When you can start winning, the bankroll will cease to be a negative factor.
It will become one of your greatest assets.
How Small of a Bankroll Can You Get By On?
It will depend on your habits. I’ve given you several ways to fund your gambling adventure for less than $100 a month.
It’s up to you to make the most of these strategies. Be sure to follow the path that provides you with the most entertainment value.