Don’t Bet Too Big For Your Bankroll
The biggest factor influencing a player’s staying power at a game is bankroll management. A bad player with good money management skills will lose money, but will never leave the game broke. On the other hand, a professional can quickly lose money due to bad money management practices. To be successful at online casino games, you need proper management skills.
The basics of bankroll management are simple. You need to make big enough bets that allow you make maximum profit whenever luck shines down on you, but you also want to make small bets that will minimize risk as well as keep yourself in the game should you hit a bad run. You can never be a winner if you keep getting out of a game because of a lack of cash. So, how much should you bet? If you are playing a 2- to 3-hour session on an online slot, your gaming money should be at least 250 times your average bet using denomination set to nickels or pennies. However, this does not mean that you should buy into the game with the full amount. Instead, have some available on the side to keep you playing for the three hours. If you are playing using quarters or dollars, your session’s bankroll should be around 200 times your average bet.
For example, on $5 slots and above, making 150 bets will keep you entertained for many hours. On slot machines, the number of bets needed per session, no matter the amount of cash you have, goes down as the denomination increases. This is because higher-denomination slots tend to have a higher overall payback compared to their lower-value denomination slots.