Chasing losses is one of the costliest mistakes players make, and avoidable errors can cost money even at licensed casinos. Here are the most common pitfalls and how to avoid them.
1. Playing at Unlicensed or Blocked Casinos
If a casino does not state which licence it holds, walk away. A VPN used to reach a blocked site does not protect your funds, and if the operator disappears you may have no recourse.
2. Using a VPN to Circumvent Restrictions
Many casinos' terms prohibit using a VPN to get around location restrictions, and a casino may refuse a withdrawal if it detects one. Check the terms of each casino before you deposit.
3. Ignoring Bonus Terms
Not reading the wagering requirement, maximum bet rule and maximum cashout before claiming a bonus is one of the most common complaints. A bonus of A$2,000 with 60x wagering requires A$120,000 in bets, which makes it far less valuable than it looks.
4. Delaying Identity Checks
Waiting until your first withdrawal request to submit identity documents can slow the withdrawal. Submit your documents soon after registration.
5. Depositing More Than You Can Afford
Set a deposit limit before your first session. Players who skip this step are more likely to chase losses. The National Gambling Helpline (1800 858 858) offers free, confidential support 24 hours a day.
6. Ignoring Game Differences
Games differ in volatility and returns. Read each game's information and try demo mode before you play for real money.