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Slots Strategy: Bankroll Management

August 25th, 2010

Yesterday I talked about slots strategy in regards to the RNG of a slots game—how both online slots games and slot machines alike have RNGs, and how RNGs pull outcomes for a spin of the reels.

I ended my explanation of RNGs and slots strategy by clarifying that there is no slots strategy out there that can do battle with the RNG of a slots game and outsmart the RNG.

However, not all hope is lost. There is a way to create a slots strategy that can be used when spinning the reels. And it can be used when playing online slots games or slot machines, which is nice should you play both.

So what is this slots strategy? It is bankroll management.

No, no, wait, hear me out!

Think of it like this: strategy is about taking advantage of opportunities to make money and about making action that minimize your losses. Think about that last part: minimize your losses. That is what slots strategy is for.

Slots games—both online slots and slot machines—are designed to take a player’s money. Sad, but true fact of life. Some slots games will take players’ money faster than others.

Since the RNG of a slots game cannot be impacted by the player, there is no strategy that can be applied to take advantage of opportunities to make money since all opportunities are the same. So that leaves the other side of strategy’s purpose in your hands: to minimize your losses.

The best way for a player to minimize their losses in terms of slots strategy is bankroll management.

There are two ways to go about bankroll management. You can control your rate of play. Or you can use a betting strategy to control your bankroll—do not confuse that with betting system.

Rate of play means that you do not use the Stop Spin feature because it speeds up your playing, and you play more games per hour. The more games you play per hour, the faster you lose your money.

Also to control rate of play you can set yourself a certain number of games per hour or give yourself a set time limit to play—like play for ten minutes and take a break.

Bankroll management is key to a player’s slots strategy as it is the only aspect of playing slots games that the player can control.

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