Welcome to the inaugural issue of the Gaming Utopia Newsletter. This newsletter is a monthly publication that provides useful information about gambling, and in particular on-line casinos. Both this newsletter and the Gaming Utopia Website are in their infancy, and will continually evolve to bring you more original and useful content. If you have an idea for a future topic for the newsletter or the site, or any comments, please feel free to send an email.

This month well talk a little about money management.

Everyone should have their own comfort level with betting increments. Typically youll want your bankroll to be 50 times greater than the size of your base bet. So if you want to bet $5 a play, youll want to have a starting bankroll of $250. This should give you the best opportunity to weather out the losing streaks, and take advantage of your winning streaks. Of course, you should never bet more than you can afford to lose, so be sure to stay within reasonable limits.

Its better to increase your bets when youre winning, not when youre losing. Many people make this mistake. They chase after their lost bets by increasing their bet size. This is a mistake. Once that money is lost, its gone. In the business world this is known as sunk cost. Dont make the mistake of throwing good money after bad. Stay within your normal betting limits after you lose. Instead make up for your losses by increasing your bet sizes when you win.

For example, if you win a $5 bet, keep the $5 on the first win. If you win again on the next bet, increase your bet then. For example you could increase your bet 50% with each consecutive win. So on the 2nd win, increase your bet size to $7.50. This way you are collecting a small profit, and yet giving yourself a chance to win more. You are protecting yourself against losing a lot during a losing streak, and you are reaping the benefits of a sustained winning streak. Using this type of system if you were to lose 10 plays in a row, you would lose $50. But if you were to win 10 plays in a row, you would win $380!

Of course this particular system can be tailored to suit your tastes. Another variant of this system is to alternate keeping the winnings, and letting them ride. On the first bet you win $5, and keep it. On the next bet you win $5 and let it ride for a $10 bet. Next bet you win you keep. You let the next win ride for a $20 bet, etc.

Many people do this exactly backwards, and get themselves into bad situations. They believe that if they continually double their bet after a loss they will never lose money because every win will pay for all the previous losses. This is faulty logic. Even if a person were to have an unlimited bankroll (which would be necessary for this system), it is almost certain that there will be a betting limit in effect (just for such situations). Furthermore, it doesn't make good gambling sense. Gambling is about the risk/reward ratio. If you are risking a lot, to gain a little, you are doing something wrong. By doubling your bets after losses, you will be risking increasingly larger amounts, yet you will not be increasing your reward any since you are just trying to recover your losses and get back to even. Conversely by only increasing your bets when you are winning you are risking the casino's money, and you stand to gain a great profit as a result.

Now when you hit a sustained winning streak, youll be positioned to make a killing! So now you will want to prepare for your success. Have an exit strategy. Everyone has a failure strategy "Ill keep playing until I lose $xxx", which is usually every dollar a person has available! You should also have a success strategy. For example: "I want to win $1,000". If you should be lucky enough to reach your goal, tuck that money away and dont touch it! Play with the excess money above your goal amount. If you lose that extra money, walk away and play again another day! If you should be so lucky as to turn the extra money into even more profit, great! Remember, its not how much you were up 2 hours ago that counts, its how much youre up when you walk away!

In conclusion, experiment to find the betting system that works best for you. Keep your goals in mind, stick to your plan, and be sure to have fun in the process!

Here are the current promotions running for the month of June. These promotions are all limited time offers. These casinos also offer on-going promotions. Complete information on both limited time and on-going promotions can be found on the Gaming Utopia Promotions page. Expect to see more casinos added to the reviews and promotions pages in the near future!

	Windows Casino Windows Casino is running a 35% June Bonus Extra promotion. If you download the casino software during June, you will receive a 35% bonus when you start playing for money. In order to qualify for the 35% bonus you will need to deposit a minimum of $50, and the maximum benefit is a $200 bonus (maximum benefit kicks in at $571 deposit level). Additionally, you must wager a total of 8 times the bonus and deposit prior to withdrawing the bonus money. Enter coupon code QAJRU to receive this bonus. Also, new depositors will receive 100 free pulls on the Card Shark Multi-reel Slot Machine.
	Starluck Casino The Starluck is running some great promotions this month. First of all, a 100% match play bonus promotion for new players. Maximum bonus is $100 (maximum benefit at $100 initial deposit level). The total deposit and bonus money must be played 8 times before cashing out the bonus money. Enter code WIN100 to collect this bonus when signing up. In addition to the 100% match bonus, there is an additional 20% bonus for new players. The maximum benefit is $100 ($500 deposit required to reach maximum benefit). If the deposit is made via Western Union or Wire Deposit, the max benefit extends to $200 ($1000 deposit for max benefit). The total deposit and bonus money must be wagered 4 times prior to cashing out the bonus money. Enter code 20 to receive the 20% bonus. A special promotional offer of a 20% deposit bonus is being offered for the first deposit made June 14 & 15. This bonus applies to all existing casino members. The maximum bonus is $200 (requires $1000 deposit to reach max). The deposit amount and bonus must be wagered 6 times prior to cashing out bonus money. Get a free spion on the Fortune Wheel June 21-30. Earn the free spin by earing 150 points playing Slots, Video Poker and Keno. Earn 1 point for every $10 wagered. Win guaranteed prizes. A $10 cashback bonus is being offered. All deposits of $50 or more made during the month of June will qualify for the bonus. If your balance falls below $5 after making the deposit (and no withdrawal was made yet), you can get a free 10% back from your original deposit by clicking the Give me my cash back button in the Cashier. Get an automatic extra 20% free bonus for the first deposit made by iGM-Pay echeck during the month of June. Max bonus is $100 ($500 to reach max). The total deposit and bonus amount must be wagered 3 times prior to withdrawing the bonus amount. Receive an automatic extra 10% free bonus for all deposits made by Western Union during the month of June. The minimum deposit amount to qualify is $100, and Starluck will reimburse fees for deposits. The total deposit and bonus amount must be wagered 3 times prior to withdrawing the bonus amount.
	Sands of the Caribbean Casino The Sands is running a 100% match bonus promotion. The maximum bonus is $70 (only a $70 deposit required to reach max bonus). The bonus money must be played 20 times before it can be cashed out.