How to Win More
Let’s start with revealing a sad truth. In online slots, the casino has an edge over the player. On one side, this advantage is pretty small and hovers around 2-2.5%. However, this edge is the reason why an average player’s losses will always be higher than his or her winnings in the long run.
The first takeaway we can draw is this: the longer you play, the higher is the chance of you being beaten by the house. Logically, in the short term, your winning chances are higher. Why? Because the house edge works only over the long haul, i.e. when you’re making lots of bets.
The second takeaway has to do with the importance of being able to stop at the right moment. Remember that the odds are always in the favor of a casino. If you’re winning one game after another, it only means that you’re in luck. But luck can end at any moment, and it’s when the casino will start winning. So what is the best strategy for playing in an online casino? Our advice is to quit after one or several wins.
It’s always better to leave with a small profit than experience a frustrating loss.
Why We Gamble
Some players are sure that you can win at slots all the time. Sadly, it’s nothing but a myth. As it was already mentioned, an online casino has an advantage over the player. You can’t change that in any way. Although small, a house edge is incorporated into every single slot. This is why counting on consistent winnings at slots is nothing but wishful thinking.
You should view slots as an entertainment rather than a “ob that is supposed to generate income. Remember that the longer your play, the more likely you’ll be beaten by the casino.
But you will never lose if you play free slots.
There is a popular opinion that the right winning strategy can ensure consistent winnings at slots. At least, this is something many players hope for. But how can you tell an effective strategy from a fake one?
We hate to break it to you but there is no such thing as a 100% winning strategy. It’s a myth. You’ll never be able to eliminate the house edge. Your only chance is to reduce it by increasing your chances to succeed.
Bankroll is the amount of money a player has on his or her casino account. In other words, this is the money available for making bets. The size of a bankroll can vary depending on your financial situation and the amount of bonuses you got. The more money a player credits to their online account, the more bets they’ll be able to make.
Smart bankroll management allows, among other things, to avoid the situation when you spend your money too fast.
Check out the main rules for using your bankroll like a pro:
- Based on the size of your bankroll, determine the optimal size of your bet. Ideally, your bankroll should allow you to make 1,000 and more bets.
- When playing slots, make bets of the same size. If your optimal bet size is $1, stick with it throughout the game. You can increase your bet only when your bankroll grows in size.
- Increase your bet only after achieving a positive result. For example, you made a $1,000 deposit to your account and managed to grow your bankroll to $1,500. In this case, you can increase your bet from $1 to $1.5. The bigger your bankroll is getting, the larger bets you can afford to make.
- Avoid withdrawing your bankroll until you manage to increase it. Of course, you’re free to use your money as you wish. But if you really want to make a profit gambling, you should fight the temptation to withdraw a part of your bankroll and spending it on other purposes.
A bankroll is your play budget that is constantly changing, i.e. increasing and decreasing. The authors of winning strategies usually only consider the situation when the bankroll is growing. This is when they advise the player to switch to the next level and increasing their bet.
But what do you do when things go south and your bankroll is melting? The easiest way out is to stop playing. However, this is not necessarily the best solution. For example, it would be stupid to quit after just 10 unsuccessful spins. When it comes to slots, a string of losing spins is quite common. It’s not something that should scare you and make you quit.
Rather than leaving the casino, it would be smarter to set a stop loss. Stop loss is the biggest amount of money you can afford to lose. It’s a common practice to set a stop loss at 10-20% of your bankroll.
Once you hit the stop loss limit, you need to stop making bets. There must be no excuses. This rule is essential to minimizing your losses.
Anyway, you can play online slots for free on our website.
As it was already said, leaving a casino with small winnings is way better than risking it all and ending up with nothing. This is where a Stop Win comes in. A Stop Win is the amount of winnings that signals that you need to stop playing. In fact, Stop Win is used just like Stop Loss. You need to set a limit of winnings (e.g., $100) and quit playing as soon as you reach this level.
Like with a Stop Loss, this approach requires a great deal of discipline and strong will. Sometimes, the idea of continuing the game is too tempting. However, you always need to remember about the house edge. Your lucky streak can’t last forever. Sooner or later, the casino will start taking its fair share, making your bankroll melt like snow in the sun!
Slot Machines Features
Slot machines are played very fast, especially if you’re using the Auto Play mode. You make one spin after another without even realizing it! This is why it’s important to have a bankroll that will suffice for at least $1,000 bets. It’s not uncommon that you may have 100-200 losing spins in a row! Yes, this is insane but you should be prepared for that both mentally and financially.
On the brighter side, slot machines usually accept a wide range of bets, from 1 cent to 10 dollars and more. This way, you can adjust your bets to the size of your bankroll.
RPT (Return to Player) is a major parameter that indicates how profitable a slot is for a player. The higher RTP, the better. For the most part, slots have a really high RTP percentage hovering around 95-98%. A slot with a 97% RTP means that it pays back 97 dollars for every 100 dollars wagered.
The important thing to understand is that RTP is an averaged rate that is only valid in the long run. It’s not calculated per game. This means you won’t necessarily get back 97 dollars on each 100 dollars you’ve spent!
Respectable online casinos readily reveal the RTP values of their slots. On a casino website, you can find RTP percentages for all major slot games.
Other Things You Need To Know About Slot Machines
Bonuses make an essential part of slots.
The more bonuses a slot has to offer, the higher the chance that you’ll get a payout even without a winning combination on the reels.
Before hitting the Spin button, take the time to carefully read the description and rules. It’s the easiest way to find out what bonuses are available in the slot.
The Rules also contains lots of other useful information on betting ranges, high-paying combinations, double-up features, risk games, and so on. Some of the modern slots feature a pretty sophisticated gameplay, so be sure to educate yourself on the rules before putting your hard-earned money at risk.
In some slot games, a certain combination on the reels can trigger the so called double-up feature. In this case, the player is presented with two options: Collect or Gamble. If you choose “Collect”, you take your current winnings and continue the regular game. If, however, you choose “Gamble”, you get an insane change to double your profit in the previous spin.
Many players are happy to take the chance but we wouldn’t recommend it. Although it looks attractive, the double up feature only offers you a 50% chance of winning. In the event of a loss, you’ll have to say goodbye to all the money you won in the previous spin.
While you can make money playing slots, you should not count on consistent winnings.
Slots and consistent winnings are the two things that don’t go together.
On a brighter note, you can increase your winning chances (or, at least, keep your bankroll intact) by managing your money in a wise way. How do you do that? Let’s recapitulate. Use Stop Loss and Stop Win. Don’t go overboard with your bet size. Avoid double-up features.