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Slots Success Amounts to Lowering Theoretical Losses

06 Sep 2020

Slots Success Amounts to Lowering Theoretical Losses

The obvious way to measure the success of a slot machine is through your winnings. After all, the goal of playing slot machines is to win the big jackpot or at least make some profit before the end of the session. However, the problem with this is that the slot is very variable. You may lose money for ten consecutive quarters before finally winning a big victory. If you get really lucky, you could earn a huge payout that puts you in the black. Such extreme fluctuations usually do you more harm than good. Therefore, you may need to measure slot success in another way: reduce theoretical losses. Trusted online casino malaysia will further explain the meaning of this concept. I will also discuss how to improve your real money online slot machine results.

Slot Machines Are Negative Expectation Games

With a few exceptions, every casino game is a bet with negative expectations. Slot machines are no exception. In other words, most people lose from the casino late at night. You cannot fight for slot machine losses. The average shows that you will lose money in the short and long term. However, some players still lose their temper when they lose. They feel that luck is standing by their side, and will be angry when their luck improves.

Slots Also Play at a Really Fast Rate

Again, every slot betting is a bad proposition. However, this aspect is no different from other casino games or real money slot machine applications. Compared with board games such as blackjack, craps and roulette, each spin is completed very quickly. As a result, you can play hundreds of rounds per hour.

Here’s an example on how the quick play rate can accelerate your losses:

  • You bet $1 per spin
  • You’re on a machine with a 5% house edge (95% RTP)
  • You perform 500 spins per hour
  • 500 x 1 x 0.05 = $25 in hourly losses

If you are only allowed to bet $1 in other casino games, you will not lose close to $25 an hour. The reason is because most games are not as fast as slot machines. Therefore, you have to worry about the fast play rate as much as the expected loss of the slot. Of course, you can always slow down the spinning reel on purpose. However, you may not want to deliberately slow down. The only people who really want to do this are the drinking comp hunters, who pretend to be playing slot machines just to get free drinks.

Think About Lowering Losses, Not Winning Consistently

You will see that the odds are against you in the slot. But this does not necessarily mean that you have to quit the game and enjoy your time. Instead, you only need to modify your expectations. You can declare that you want to minimize losses while pursuing high expenditures and lucrative features to further improve the goal. Assuming you are lucky enough to win the jackpot, then you may win a considerable profit, and this profit can make up for your past losses. Of course, the jackpot will not appear every other day. You are unlikely to win huge prizes in the near future.

The key is to avoid placing too much emphasis on short-term results. A better way to solve this problem is to reduce the expected loss while pursuing high expenditures.

Tips for Reducing Theoretical Losses

I have repeatedly mentioned the importance of reducing theoretical losses. But how exactly do you achieve this goal? There are several ways to reduce losses and even increase short-term gains.

Play slot machines with high RTP

Unfortunately, you can't find the RTP for land-based slot machines. The developers that make these games provide casinos with many RTP options. Therefore, they cannot provide you with a reliable spend percentage. Nothing is known about your chances of winning in a physical casino.

You only need to navigate to the information screen of a given game to see the payout percentage. The average Internet slot provides 96% of RTP. Assuming that the return on investment of your slot machine is better than this, then your chances of winning in the long run are greater.

Concentrate on Medium and Low Volatility Games

As mentioned above, the payout percentage is very useful in determining your chances of defeating a slot machine. However, you cannot rely on this information alone.

Slot machine is the most variable game in the casino. Before finally achieving a major victory, they let you go through a lot of cold wars.

These slots may not provide seven-figure jackpots or maximum features. However, what they did was get a more consistent victory. You can use these sustained profits to maintain your funds and stay in the game longer.

More and more developers provide volatility ratings in the information section. In other words, you may be able to find this information next to RTP.

Take Advantage of Slots Bonuses

Online casinos provide deposit bonuses, which can greatly increase your funds. You only need to make a deposit and use the correct bonus code (if required) to qualify. Play (scrolling) is one of the most important terms. It determines how much you need to bet before cashing out the funds.

Here’s an example of how rollover works:

  • You qualify for a $150 bonus
  • Rollover is 40x
  • 150 x 40 = $6,000 must be wagered

Ideally, you will find offers with low play rates. This will enable you to earn bonuses and cash out bonuses faster.

Exercise Bankroll Management

Money management is not always the most popular practice in slot machines. Many players just choose their favorite game, insert or deposit all the money they can use, and then start playing.

Here’s a sample slots bankroll plan in case you need help getting started:

  • You go through your finances and decide on a $500 bankroll
  • You normally bet $1 per spin
  • You play online slots (4% house edge on average)
  • 500 x 1 x 0.04 = $20 in hourly losses
  • 500 / 20 = 25
  • Your bankroll will theoretically last for 25 hours

There is no guarantee that your funds will last for nearly 25 hours, especially with the volatility of slot machines. However, these types of plans provide an expected number.

Conclusion

Slot machines are the most unstable game in the casino. One day, they will reward you with a substantial bonus, making you a big winner. The next day, they will exhaust your funds in less than 20 minutes. You can minimize short-term losses by playing high-paying slot machines, choosing games with medium or low volatility, and cashing out bonuses. With any luck, you will stay in the game long enough to finally win the jackpot through features and/or jackpots.

Discipline may not increase your chances of winning. However, it can really help you avoid gambling and avoid unbearable losses.