If you are new to the world of gaming in online casinos, the first thing you should do is take a bit of time to understand exactly how they work. Of course, everyone wants to be a winner but if you have never played at that online casino or any of the games they offer, it could be tricky to beat the odds at the very beginning. That is not to say that everyone is a winner all of the time, because quite frankly, the house has to win at least once in a while, or they wouldn’t stay in business! Remember, it’s called gambling for a reason.

It’s a gamble with each and every spin of the slots or deal of the cards. Then when it comes to sports betting, it’s a totally different thing altogether. There is no luck involved other than if you back the winning player or team. Sports betting is all about strategy and this is why a few well-placed hacks can show you how to slash your gaming expenditures.

1. Look for the Best New Player Bonus

No matter what kind of gaming you want to try your hand at online, the first thing to look for are those attractive sign-up bonuses for new players. These vary from casino to casino but typically, they offer a certain amount in ‘free money’ to spend on your initial wagers. It is often a matched amount to your initial deposit, but who doesn’t like to play with the house’s money?

2. Promo Codes

If you do a bit of searching, you can find online casinos that offer promo codes that truly help to slash your expenditures, especially as a new player. Let’s look at a Caesars sportsbook promo code that works in NY, for example. If you enter the code FINDERCZR, you get a rather unique kind of promo code. This promo code kicks in if you lose on your very first bet. If you lose on that first bet, the house will give you the amount you wagered up to $1100, at the time of this writing, to be used as a free bet. As a new player, that comes in handy if you have never wagered on sports. Each sport is bet differently, so this is a nice way to get your feet wet, so to speak.

3. Low Minimum Deposits

We are all humans after all, and that means that money can easily eat a hole in our pockets! Some new gamers like to use sportsbook apps for this very reason. It is suggested that you find casinos with low minimum deposits so that you can set a budget to stick with. Your app will help you keep track of what is in your account and all transactions you have made to date. Consider the difference between a casino that requires a $25 minimum deposit in your account and one that only requires $1 or $5 to begin playing. Along with those new player bonuses, you will have enough to get started. With that said, a typical new player bonus mentioned above can be a match to the amount you deposit. Therefore, if you deposit $25 and the house matches it, you have $50 to play with.

4. Play What You Know

It can be really exciting playing new games, but your odds of winning are reduced to the extent you lack understanding in a game. One of the ways to slash your gaming expenditures is to start by playing what you know. If it’s a sportsbook bet, stick with a sport you are well familiar with. If it’s a card game, play one where you know the rules of the game.

Sometimes it helps to find free games online to use as practice. You obviously won’t be betting so no money changes hands at this point. Once you better understand the game or sport you are going to wager on, then it’s time to take advantage of those bonuses and codes mentioned above. Whether you are new to online casinos or are trying a new game or sport, try to start slowly by playing what you know.

Wrapping It up with Odds and Ends

There are other ways to slash your gaming expenditures along the way. Some casinos offer loyalty perks for players who play often over time. Loyalty rewards and perks on online casinos work in the same way as those loyalty points you get from retailers for being a loyal customer. In much the same way, you may be given ‘money’ to play with, for example. Just like a retailer will give you a coupon for $10 to be used the next time you shop, so too do some casinos give you loyalty perks in free money added to your account. This can be used toward any game or sportsbook bet, so perhaps this is the money you will use to try new games or sports. In the end, there are a number of ways to use the house’s money and that is one of the best ways to slash your gaming expenditures.