Top Advice for Managing Your Bankroll when Playing Online Slots

Whether you are playing to win at online slots or simply playing for the enjoyment of the game, you should still make it a point to manage your bankroll in the proper way. Doing this will help you have better control over the game’s outcome and help you maximise your playing time and returns. But the big question is, how should you manage your bankroll? Here’s what you should keep in mind.

Determine your purpose

online casino slotsThere are two types of players when it comes to online slots: the first is the one who plays to win (and hopefully win big), and the second is the one who just wants to entertain themselves and perhaps win as a ‘bonus’ to their play. You have to first determine which type of player you are because this will have an effect on the way you manage your bankroll. For instance, the individual who plays to win is usually more likely to play slots with a high variance – those which require a greater amount of bets per spin. Of course, when you play these types of slots, you may not spend too much time playing because it can use up more of your budget in less time, but you also have the chance to win big.

 

If you are the second type of player, you may want to make sure that you can play as long as possible, so your objective would be to extend your casino bankroll. For this, you need to choose games which do not require big bets, so even if the jackpot is lower, you can still play for a long time.

At the end of the day, knowing which type of player you are will help you focus on what you really want.

How to extend your online slots bankroll

For those who want to play online slots games primarily for fun, there are some things you can do to extend your slots bankroll.  First of all, you can simply stick with penny slots so your budget lasts longer. Another thing you can do is choose slots games that can offer you the best rates when it comes to payouts. In general, the percentages of payouts decrease as the bets become lower, but you can still find some variations in the rates of payout of games in similar or matching categories.

For both types of players – those focused on winning and those focused on entertaining themselves – it is important to set your limit for losses from the beginning, before you play. This limit will be the amount you can afford to lose. This will help you manage your bankroll more effectively and will also ensure that you still have a good amount in your bankroll at the end of the day. One tip: most individuals set their limit to between five to 20 percent of the total amount on their bankroll.

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