With a massive rise in online casinos popping up let right and centre, and specific ones dedicated solely to slot games, a question that has popped up more and more frequently but been around in the beginning of slot games, is whether or not you can make money form play the slots.
While it is possible to make money from playing slot games it isn’t something that can be relied upon as a source of money flow as there has yet to be a sure-fire strategy discovered to beat the randomized game. Playing slots is completely a game of chance and no one can be certain of their odds of winning. Although it may be difficult to actually make money off of slot games, there are certain things one should know before playing in order to not lose too much money. Here are a few.
Take advantage of bonuses
Welcome bonuses are offered at basically any online casino to any newcomer and is practically free money. These bonuses are used to encourage new players to try out different games on their site. On slot sites, usually bonuses will come in the form of no deposit bonuses or just free spins to use on the slots. Bear in mind that there are always wagering requirements attached to these bonuses, and some can be quite difficult to calculate. Reading reviews from sites like Casino Reviews can help you to navigate these waters, if you want to check them out you can do so here. Making use of no deposit bonuses or free spins at least ensures that none of your own money is used.
Choose the right games
Choosing the right slot game comes with multiple different decisions purely because of the amount of games that are offered to a gambling audience. Although they are all just slot games, they all have their differences in order to be attractive to as many different players as possible.
The first things that will be blatantly obvious whenchoosing a game is looking at the theme. Within the themes of the games, the sound tracks will differ, there will be various different features, and also symbols to match each theme. These themes could be anywhere from movies to sport and anything in between.
RTP is the return to player percentage. The higher the percentage the more the player will get back over time while playing that slot. Volatility is basically the odds of a player winning. If a game has high volatility, it means that the odds of winning are much higher than that of a game with lower volatility, however, games with highervolatility will always have a much lower RTP. Meaning that the player will win frequently but only small amounts.
It’s also safe to say that the higher the denomination of the slot the bigger the jackpot but it’s less likely to win these jackpots.
Have a budget
As for any kind of gambling, having a strict budget is crucial to not losing too much money. When creating a gambling budget or even just a budget for slots, one should choose a maximum amount that they are comfortably able to spend. This should be money that they can afford to lose, and won’t affect their day to day lives. Having a budget may sound silly, but gambling is an addictive game and it becomes dangerous when real money becomes involved and you don’t know when to stop. Even more so with slot games. It could be a relatively low denomination slot but playing for hours on end could lose a person a lot of money if they don’t know when to stop.
Lastly, when creating a budget for playing slots, decide what the purpose is for playing. It is for fun and enjoyment, or it is to make some money? A player will need more money to play slots with big jackpots but with slots that have high volatility and are relatively cheap to play, the return is often and in small amount, allowing a player to play for much longer, therefore only needing a much smaller maximum budget.
Don’t play progressive slots
Progressive slots are particularly dangerous when it comes to gambling. They always have very handsome looking jackpots and are very appealing to the players, however, the chances of winning these jackpots are very low and you usually have to bet quite a high minimum to even qualify for the jackpot. This jackpot is funded by the hundreds and thousands of losing players and that’s exactly where your money will go. If a player is desperate to play one of these, they should choose one with a lower jackpot, as this will have better odds when it comes to winning.