Bankroll Management for Slots

Playing casino games is a thrilling form of entertainment. However, whether you’re eagerly watching the red and black slots rotate following the spin of a Roulette wheel or you’re sitting down at a felt-covered table awaiting the croupier’s Blackjack deal, having a reliable bankroll strategy in place while playing can make all the difference.

Slots players are not exempt from this. In fact, due to the fast-paced and dynamic nature of slots, making a personal money management plan for slots play is actually essential to enjoying the game to the fullest.

While a player cannot predict whether their slot machine will pay out, they do have control over how much they spend while playing. Check out the tips below that will help you incorporate the best bankroll management techniques for slots gaming.

Determine an Appropriate Bet Size with Bankroll in Mind

The first step of building a bankroll management system for slots play is to determine the most suitable bet size based on your allotted bankroll. This means setting aside a certain amount and taking a portion of it out to play, but not going over.

Some players prefer to divide their bankroll into smaller pots, so that they can be reserved for a specific number of playing sessions. For instance, choosing to play with a total of £400 over 4 sessions will ensure an allotted £100 for each. With this strategy, players have a number in mind and may be more likely stick to it regardless of wins or losses.

Set a Win Goal and Loss Limit

Speaking of wins and losses, another good idea is to set a mental bankroll goal for both victories and failures, whether you’re playing online or in a brick-and-mortar casino.

For example, a win limit could be deciding that after your original bankroll has increased by 30%, you stop playing. By doing this, wins are added to your bankroll rather than used to extend a session too long.

Likewise, a loss limit is needed to ensure that your bankroll does not drop too far into the red. Although deciding when to quit will depend on each person’s financial means, it’s recommended to stop playing once you have lost around 50% of your starting bankroll.

Therefore, if you begin with £100 for each session and start to fall behind by £50 on the first, it could be a good time to step away from the reels or put your phone down.

Play Slowly

Although there are many different tips that can be given regarding slots bankroll management, perhaps the most important one is also the simplest: play slowly.

Get the most out of what these colourful, fun gaming mechanisms have to offer by taking a break every couple of spins. Slot machines may be famous for their rapid spinning reels, but that doesn’t mean you need to mimic their pace when playing. This may also lead to you making better in-game decisions.