Slot machines are games of chance. The average slots player has no expectation of winning. They play because it’s enjoyable and there’s the potential, however slight, for a big payday. Since losses are expected, it’s important to manage one’s bankroll and ensure that the losses remain acceptable.
Establish a Schedule
Define a play schedule. It may be every Friday, every other Saturday or simply twice a week. Once you’ve established how often you plan to play, you can use that info to set your budget.
Budget your slot allowance as part of your entertainment allowance for the month. In other words, your slot allowance should never be greater than the amount of discretionary income available for the current period.
Set Win and Loss Limits
In addition to time limits, you should set loss and win limits. These limits prevent you from losing too much during any one session, and they will help you to manage your wins better. If you’ve won big and want to apply it entirely to your bankroll, that’s fine, but you shouldn’t do so in the heat of the moment.
Max Bonuses and Rewards
Maximize your bankroll by taking full advantage of casino promotions and loyalty programs. Frequent slot players can usually achieve a cash-back rate of at least 25 percent, a significant amount that can greatly extend your total playtime for each month.
Factor Wagering Requirements
When taking advantage of casino bonuses, know your wagering requirements, including deadlines and stake amounts, and factor them into your budget and schedule accordingly. For a measured approach to reaching wagering requirements, it’s best to play low-variance games or play low stakes on high-variance games, even if that means sacrificing odds.
Bet with Purpose
Betting the max stake per spin is the easiest way to ensure that you’re getting the best odds that the slot machine offers. Depending on your current limits, however, betting max may be too rich. Each machine has a sweet spot, which is the stake level where ideal odds are achieved. On machines where the payout table scales evenly, that sweet spot can be very low.
If you’re at a point that you must sacrifice odds in order to continue playing for the duration of your session, then find an enjoyable pub-style game that has spins for as low as £0.01 or £0.05.
Choose Slots Machines Purposefully
Pay attention to characteristics like odds, payout percentages and variance, and choose accordingly based on what you’re currently trying to accomplish. Pay particular attention to progressive jackpots, which can often get high enough to drive the odds considerably in your favor.