Ever been to a casino? Such a fancy place, right? Casinos are normally built near – or in restaurants, hotels, cruise ships etc.
The first thing that comes into mind when thinking of casino’s are people betting, chips, table games such as Roulette, Baccarat, Blackjack as well as other popular games such as slots. All while people enjoy it to a good drink or two.
Gambling is all about luck, and despite all promises of winning strategies – the house (the casino) will always have the odds rigged to its favor.
In recent years, online casinos have gained momentum. Online casinos are attracting more customers as they offer a lot more variety of games compared to brick-and-mortar casinos.
It’s not only the fact that they are more accessible from all over the world, but also the great promotions, like getting your hands on a good offer such as match bonuses on your deposits. That, and the fact that online casino slots have a far better payout percentage compared to those found in land based casino establishments.
The payout percentage of video slots (which is the world’s most popular game on both online- and land based gambling venues) usually range between 92% and upwards to as high as 98%.
This means that your expected losses pr. 100 dollar spent on gambling is 2 dollars. Now, that’s in theory – and a theory that takes in to account an infinite amount of spins.
For you wanting to play slots, this means that you can get very lucky, or not so lucky. Luck is the decisive factor in whether or not you’ll walk away a winner or loser when gambling your money.
The question is, are there any strategies that might help you increase your winning chances? Yes, there are – but none that can make you a sure winner.
Pay Attention To The RTP (return to player)
When doing research for this article, we found several websites that listed reviews of the different types of games. One of these being casino grounds, where people watch other people gamble in real time via streams.
One of the things that seems to spark an interest with the forum members there there is how much any game is expected to pay the players back over time.
The higher that number, the more it pays out over time. So, in a nutshell – it makes sense to play on a game that has a rate of 98%, vs. one that has a 92%, right?
The database we found on their website gives you a clear indication of the payouts for every game, but we would soon learn that it’s not a single factor. Turns out that you have to factor in something called “volatility”.
Select Low Volatility Slots (or high?)
Volatility as we’ve learned is an indicator of how big your winnings are. The higher the volatility, the less common smaller payouts are, but once you do win, it’s likely to be higher amounts.
If you want to stretch your gambling budget then it seems high volatility games are to be avoided. Based on the threads and guides of the aforementioned website, lower is best. It means your risk is lower, so your expected winnings will be lower too. But, they will occur more frequently compared to highly volatile games.
All slots make use of a Random Number Generator, which ensures that every round played is totally random and fair. This piece of software can not be manipulated, and is subject to independent third party auditing as we’ve learned that regulated / licensed casinos must be able to prove they can’t manipulate their games to their advantage.
Big Dreams? Go for Big Jackpots
Any amount spent on gambling should be considered leisure money, and not an investment. You’re playing against a rigged system where the aim is to liberate you from your money.
While you’re playing for the sheer fun of it, why not try and score yourself a jackpot?
Online slots holds many world records for the largest online casino jackpots ever paid out (confirmed in Guinness Book of World Records)
Make sure that you start playing with a plan, and know when to quit. Do not ever play with money you can not afford to lose, and make sure to have a plan for what to do with any extra “income” if you do happen to win more than you originally bet. Keep in mind that most gamblers never do this, and always end up losing lots of money, and more often than not – more then they can afford. Don’t be that person.
A common mistake that every gambler does is ignoring pay lines in all cases except in winning spin or in the calculation of total coins won. The user must note that pay lines are important as they can direct your payouts and chances of hitting jackpots.
These pay lines also affect the actual cost calculations of slot games. But they come up as costly, as you have to pay for each pay line you are playing, it may cost more than you expect in case you’re playing multiple pay lines.
Winning Tips for a Great Slot Experience
Luck is the key factor in any form of gambling. Including slots play. Go in with the mindset of having fun and being able to handle your losses. Know when to walk away when you’re lucky enough to win.
Pay Attention to the Payout Percentage and Volatility.
Like previously mentioned, we learned that the RTP and volatility plays a huge part in how much you risk losing vs. winning.
Higher risk = higher rewards, but depletes your budget quicker. Lower risk = lower rewards, but lets you play for longer and have more fun. That’s the goal here, right? Having fun!
Choose your online slots wisely
If you are losing money constantly on a slot, it’s time for you to change to a new one. You literally have an infinite choice, with thousands upon thousands of different titles to play when looking at an online casino’s lobby.
Increasing spend doesn’t increase your chances of winning. As slots use a random number generator to make every spin unique. If you have any thoughts of “it’s my turn now” after playing the same game for a while – walk away. The results are totally random, every single spin and game round due to the random number generator.
Get your Hands on some free spins
Online casino market is growing highly competitive, so companies are searching for new ways to attract customers. So they are offering free spins for customers and this will work as an excellent opportunity to test and understand that specific online slots.
Free spins are free game rounds that won’t cost you a penny. Please note that you have to read the rules of any such promotions though, as some come with “wagering requirements” when you win money, which restricts how you can spend the money, and others don’t have any rules applied at all.
Online slots are easy and fun. That is one of the reasons why some many are attracted to them. People assume that since they are easy you won’t get a lot of money from them. They are wrong, there are slots that can provide you with high payouts. It is also important for you to understand that high payouts also come with high risks. So plan your bankroll according to the amount you want to spend on these slots. Plan cautiously and enjoy you time playing, regardless of the outcome.
