Slot machines do not involve any sort of intelligence to play them but there are some money management suggestions that could help you to have a better experience.
The most important thing about slot machine money management is to make sure you can play for an extended period without realizing a decent-sized win because that is exactly what may be required before such a reward is made available. This may sound in direct opposition to some of the suggestions made further into the article but it is acknowledged now that the above statement is paramount.
A popular advertising slogan for lotteries is that you must be in it to win it and they couldn’t be more correct. The same applies to any kind of gambling but is probably more pertinent to slot machine gambling than it is to any other kind because of the long stretches of not winning which are possible when participating in said endeavor.
Slot machines were designed to pay out large amounts, but less seldom as opposed to a game such as baccarat where the player has a better than forty-nine percent chance of winning on every hand played but the amount paid is equal to what is wagered. A slot machine is capable of paying back hundreds or even thousands of times what was wagered so with that in mind it makes perfect sense that you are not going to experience a win every time you play the game.
Managing your money during those times when winning can have a great impact on your bottom line as well as your entertainment because a wise approach can add much more time to your play. Setting loss boundaries is a great tool for avoiding those times when you were way ahead but ended up seeing all that money go back to the casino.
Here is a great process for enjoying bigger wins while protecting the bulk of your bank roll. For example purpose slot lets say you started with fifty dollars and hit a nice win raising it to two hundred. Now is the time for installing a loss limit.
Set your first loss limit at one hundred and fifty dollars and until you get down to that amount allow yourself to play at bigger stakes during those times when you feel like your about to win or increase your wagers on every spin if that is a desired method. The basic gist of this first loss limit is that you can play as boldly as you’d like. Another quick suggestion is to try increasing your wagers only when you feel like you are going to hit a win. The worst case scenario is that you won’t get lucky but the times when you do the reward will be an amount which is very pleasing.
If you get down to the loss limit then reset it to one hundred dollars and this time around play in your accustomed manner, which should be if done correctly, a more conservative manner than the previous fifty dollars was played. Should you reach down to the next loss limit then consider moving machines if you have not already. Move several times when necessary.
If you still don’t get lucky and you have worked your way back down to what is your last loss limit, that being fifty dollars, it is time to take a break. Using this system you have several layers to protect your winnings.