Manage Money In Slots
Slots are the most popular casino game, both in land-based casinos and online casinos. Arguably one of the main reasons why millions of players around the world choose to play slots , especially online ones, is because of their high percentage of return to player, that is, the probability that the player has to win some money. Today, most online slots have a return to player of more than 95%, which means rewards for the player on a smaller or larger scale สล็อตออนไลน์.
However, these are not the only reasons why online slots are the pretty girl of online casinos. We will explain why below.
Affordable betting for everyone
Typically, in land-based casinos, table games have a minimum stake of $ 5, $ 10, or $ 25, depending on the casino and the season. However, an online casino can offer much lower minimum bets, since they do not have to worry about the physical space that the players occupy.
It doesn’t matter that the slots have multiple pay lines, you can bet a minimum of 30 or 40 cents per spin. Sounds good right? Especially if you are a beginner and need to get some practice before placing big bets.
Imagine that, for example, you have a budget of $ 30. By placing bets of 30 cents you could spin the reels 100 times. However, if you play at a Blackjack table where the minimum bet is $ 5, in 4 hands you could have lost everything. Online slots offer you more opportunities for the same money.
While in games like blackjack or poker a part of the result obtained depends on the strategy used by the player, in online slots strategy does not count for anything. It is a mere matter of luck and probability. You just bet and spin.
So what is the best way to act when playing online slots? Choose your favorite games, enjoy and, the most important part, know your limits and know when to stop.
In table games, perhaps excluding poker, you will never win large amounts with a single bet.
For example, in blackjack, a winning bet of $ 5 gets $ 5, unless you hit 21 with two cards. In that case the winnings are $ 7.5, still a low amount.
However, in online slots, a bet of 30 cents can win you a progressive jackpot of thousands of dollars. Cases are known in which a bet of 25 cents has resulted in winnings of 20 million dollars.
A good management of the money that you are going to bet is not a magic trick that will turn you into a millionaire overnight. There is nothing we can do to change the odds of the game: sometimes you will win, but many times you will lose.
However, there are some techniques that will help you limit losses when you’re on a losing streak and save more of your winnings when you’re doing well. These techniques are not difficult and many of them are just common sense. However, if you apply them, you will realize that they can mark a before and after in the amount of your earnings.
Set a Limit
It does not matter if you are going to play physical slots or online, set a limit amount. If, for example, you decide that your budget for one day is $ 100, do not exceed it. If you start playing and lose $ 100, stop. Do not expand the budget. Turn around and leave the casino or close the online casino page.
If you are winning or have not lost all your money and you can continue playing, great. But remember, smart money management is based on never gambling money that you can’t afford to lose. Your gambling money should come from your entertainment budget, but never from the money you need to pay your rent, bills, or grocery bag.
Never borrow money to gamble
This technique applies especially to credit card advances. Remember: borrowed money is expensive money to repay.
Most land-based casinos have machines where you can use your credit card to get a cash advance. Once this is done, the players must go to a window where they must sign a series of documents to receive the money. Normally the casino charges a transaction fee depending on the money borrowed. For example, if you request a deposit of $ 100, the casino could charge a commission of $ 10. Therefore, to at least not have losses
, you would have to make a profit on the money bet + $ 10.
To this we must add the monthly interest that banks charge for requesting advances with credit cards, an interest that can exceed 20% and that can be repeated month after month if the interest is not paid in full.
Pay commissions and interest and also play slot machines in which the house always has an advantage; sounds like a safe waste of money.
Modify target and loss limits
What does this mean? It means that you should always set a limit on both profit and loss. If you decide that your budget for one day is $ 100, that will be your loss limit. In the same way, you must also set a profit target. For example, if your budget for one day is $ 100, you might consider a good day leaving the casino with $ 50 more in your pocket. Therefore, when you have $ 150, that is, $ 50 more than what you started, you stop playing. On the other hand, if you have $ 0, that is, you have lost your entire daily budget, you should also stop.