For any type of casino game, playing strategically and looking after your bankroll is essential, none more so than with online slots.
Bankroll management can often be the difference between winning regularly and losing everything in one fell swoop. So, how do you ensure that doesn’t happen?
Below you’ll find our top tips for bankroll management that all slots fans should keep in mind.
What is Bankroll Management?
Firstly, it’s important to understand what bankroll management is. It isn’t necessarily anything to do with a particular game or how you play it, but more how you look after and maintain your bankroll to ensure success over the long term.
Top Bankroll Management Tips
Among our key tips for bankroll management for slots players are:
Give Yourself A Weekly Bankroll
It’s very easy to spend all your bankroll in one sitting, particularly if you enter a losing streak. This can often lead to depositing more which can be unnecessary.
A good way to look after your bankroll is by setting yourself daily, weekly or monthly budgets which you have to adhere to. This will ensure you have spins over the longer term, and what’s more, you may decide to consider cashing out profits at various points in order to protect your winnings too.
Split Bankroll From Personal Finances
Another way to ensure you keep within your limits is to split your bankroll from your personal finances. Doing this will give you a clear idea of how much you have to spend at online slot sites and this won’t affect any day-to-day outgoings such as bills and essentials.
Track Your Play
We’d always advise tracking your gaming sessions, no matter what casino game you’re playing. This is really useful for slots. Consider noting down aspects of your play such as:
• Time of the day you are playing
• Hours/minutes spent playing
• Amount staked
• Amount won
• Number of games played
Knowing this information will allow you to find key trends in your gameplay. For example, you may find you’re more successful in the evenings when you’re fully awake in comparison to first thing in the morning. You may also find that some games might pay out more to you than others.
By logging all this data you’ll be able to discover an optimum time to play and have the best chance of making a profit.
Adjust Your Stakes In Line With Bankroll
If your bankroll is low, there’s little point spinning a maximum bet. On the other hand, if you have allocated yourself more budget, it can be wise to bet the maximum as you’ll open up more paylines and boost your chances of a mammoth win.
Adjusting your stakes in line with how much bankroll you have available can keep you in the game longer. Additionally, when your stake is low and you’re looking to build it back up, it’s worth considering slots with a higher RTP percentage to help you get back on track.
Make The Most Of Free Spins
Boost your bankroll by making the most of free spins no deposit bonuses that are available at most slot sites.
It also pays to do a little bit of research about different slot games because using your free spins on higher RTP titles could potentially give you an edge.
Don’t Forget To Cash Out!
We play slots for fun and to make a profit, so if you do reach a certain amount of winnings that feels right for you, consider whether or not it’s time to cash out.
To help you manage your play, consider setting goals or timeframes for when you should cash out before you start the process of building up your winnings again. Following a cycle that dictates that when you reach X amount you cash out and start over; this is a useful method for making good profits over the long term.