Minimizing Your Losses Playing Slots Online
Playing slots online can be a lot of fun, but if you lose your bankroll in the first five minutes, it probably won't feel like it. It's okay to expect to win during any individual slots session as long as you understand that in the long run, most players will lose at slots.
So once you know that you are a mathematical underdog to win at slots, how do you manage your losses so that you stay in the game as long as possible? How do you minimize your slots losses when you are playing slots online? Find the answers below!
Minimizing Online Slot Losses: Payback
The first thing you should realize about online slots or poker online, for that matter, is that they are programmed to give back a certain percentage of what they take in. An 85 percent payback slot is programmed to keep 15 cents out of every dollar that is put into it. A 90 percent payback slot will only keep 10 cents. If you can find out the payback of an online slot, you should clearly search for the one with the highest payback.
Minimizing Online Slot Losses: Stakes
The higher stakes you play in online slots, the more you can win, but also the more and the faster you can lose. As tempting as it is, don't play in stakes that will devastate your bankroll in minutes if you run into a losing streak. It may be more fun to play at higher stakes, but you'll usually get to play for longer if you stay within your bankroll.
Minimizing Online Slot Losses: Bankroll Management
Speaking of your bankroll, make sure you have enough money to play with, and don't play it all at once. Have a set monthly bankroll for online slots, and try to only use a small percentage of it for each online slots session. If you run out, put aside online slots until next month. If you manage your online slots money carefully, you can keep your online slot play reasonable and fun without having to worry about losing more than you can afford to lose.