5 Tips To Avoid Losing Money When Playing Slots

Slots are one of the most popular casino games out there, but they are also one of the games where you can lose the most money. Whether you play slots at your local brick-and-mortar casino, or if you play online slots, be aware of how you can minimize your losses.

With gambling, slots are probably the most popular gambling options, which is mostly thanks to their easy-playing simplicity. But, while they seem super simple to play, there is more that goes into play slots than meets the eye. 

No matter if you are a slots veteran, or a rookie on the reels, we have a few tips for you to help minimize your losses and increase your winnings to keep you ahead of the game and on top of your bankroll. 

So, what can you do to beat the odds?

#1. Pick The Right Online Casino.

Firstly, you need to pick the right casino. If you are playing at an online casino, then you need to get familiar with online casinos and which is best for you. Different online casinos will have different slots, and some online casinos may have better slots games than others. 

Some online casinos are simply just scams, so if you are choosing a casino that is not super well known or has not been recommended to you by a reputable source, then proceed with caution 

Always do your research into casinos online before you join, and make sure that they are trustworthy. 

If you do not feel 100% comfortable with a site, look elsewhere. Always research online casinos, and if you are looking for a specific game time, look up which online casinos have the best selection and are most reliable.

#2. Choose The Right Slots

Once you have a reputable online casino, next you need to choose the right slot game. You want to lose less money right? Well first, check out reviews, there are so many slot games out there, and so, looking for recommendations is a good place to start. 

You should also consider how volatile the slots are; some slot games with high volatility will pay out a hefty amount, but they will not pay out often, and are therefore best avoided. 

Always check the RTP rate of a slot machine. This will show up as a percentage. For example a RTP rate of 97% would mean that you get back $0.97 for every $1 you play on average.

#3. Don’t Rush

Slots do not have a strategy, which is why most people choose them, it is not a thinking game. However, without a strategy how can you minimize your losses? Well, just take it slow. Do not rush. 

Remember you could spin the wheel 400 times in 1 hour, or 1 spin every 9 seconds, think of how much money you would lose in an hour if you did that. 

Take it slowly, do not rush, and consider how much you are spending with each spin. If you are rushing and spinning constantly, you will lose more money. You’re not in a rush, take it easy!

#4. Play To A Budget

You’re still probably expecting a tip or strategy to help you win more slots to pop up. Nope! There is no way to change how slots work, you cannot use a strategy to win more. You can only optimize how you play to lose less! 

Speaking of losing less, slots, or otherwise you should always play on a budget. 

You can budget for your playing each day, month, week, year, hour, whatever you want. However, you should always only play on a budget. If you play without a budget you are just increasing the likelihood of you losing more money. 

One of the biggest problems in casinos is gambling without a budget, losing more than you have, and then ending up in a spiral of trying to win it back, so you can pay your rent, mortgage, etc. This is often how gambling addiction starts! 

Set a budget, some sites will even let you set this on their website so that you never go over it. What this also does is help to let you know when it is time to walk away. 

If you lose, and you have a budget set, you will be unlikely to try to win back losses with bigger bets. And it will also help you appreciate your winnings more too! 

#5. Stay Away From Jackpot Slots

One of the best things that you can do to stop losing money on slots is to avoid jackpot slots altogether! These are the games where you can win the most in one go, more than any other casino game. However, they are highly volatile and are the games where you are likely to lose the most too! 

This is generally because they are highly volatile, so they do not pay out very often. This is backed up by the fact that when you do win a prize on one of these slots, the prize money is made up of the money from all the losing players who tried to win! 

It is best to avoid these at all costs! 

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