Some of the best ways to win slingo slots begin with bankroll management. In poker, this term seems to be very popular. But the consequences still rule when it applies to slot machine players. That said, you should never forget that playing slots is all about the randomness of winnings.
Hence, managing your bankroll may not make you win more, but it will mitigate your losses and improve your winning odds. It is equally important that you always play slots or gamble for fun rather than throwing control away in the search for that elusive payout.
Never play with money you cannot afford to lose
Nothing good comes from borrowing funds from other people or using funds better designated for bills and debt to bet on slots. It’s a wasteful venture.
There’s no actual tight or loose machine
Hopping from one slot machine to the next in the hope of catching a machine when it’s loose isn’t the right way to play slots. While you should always bear in mind the RTP of your slot machine, you must never forget that winnings are still a random game. So just because you haven’t been lucky, the last few spins should not be why you quit one slot for another.
Have a bankroll strategy
Figure out which category of slots you prefer – penny slots, dollar slots, progressive jackpots – and then plan your bankroll accordingly. Ideally, if you plan to spend 2 to 3 hours playing slots (as many do), you should have 200X or 300X the size of your average wager. If you can’t have up to that, consider gambling with 5% or 10% of your bankroll at every bet. That way, you can spread out your money and enjoy playing for fun. More consistently, here’s what you should be doing:
● For nickel or penny slots, have 200X or 300X your bet size
● For quarter or dollar slots, have 150X or 200X your average wager
● For five dollar slots or higher, have 50X or 100X the average size of your stakes.
Have set hours for gaming
Setting the time you wish to play and stop playing can also help you manage your bets. Ideally, you should only play for 2 to 3 hours with a 30-minute break somewhere inside. You should have a strategy to stop playing when you hit the jackpot, even if it’s not up to 3 hours yet.
Always have a winning goal and loss limit
How much of your bankroll are you willing to lose at any given time? How much would you want to win within 2 to 3 hours of the playing session? Setting goals and limits will help you keep your emotions in check, so you can concentrate on enjoying the entertainment value of playing slots.
Play slowly
Use strategies to reduce how quickly you lose within an hour. Consider having conversations with other slot machine players and sharing a screen or slot machine. Take breaks, and do something in between each session of gaming. The idea is to always remember that the more you wager within any given hour, the more money you lose over that hour.
Take advantage of rewards
Casinos often offer rewards and promotions. These periods often result in the house having a lover’s overall edge. So seize these advantages of using those no-deposit bonuses, welcome bonuses, match deposit bonuses, free spins, club rewards, and more to leverage making money without investing your own money. Still, never go overboard. All these rewards were created for a purpose – to make you play for a longer time which can also result in losses. Hence, your bankroll strategy should be equally effective when using bonus rounds.
Final thoughts
It is essential to pay attention to these slot tips on bankroll management and be sure to learn more as you play. Managing your bankroll can actually improve your winning odds by keeping an eye on how quickly you lose money. Learn to play slots smarter, and you might hit those jackpots.
