We all hope that 2021 will be better than in 2020, which brought us pandemics, wildfires, uncertainty, and despair.
We all hope to see the light at the end of the tunnel, but for the online casino industry, 2020 wasn’t that bad.
Test the Slot before Playing for Real Money
This advice might seem a bit obvious, but it actually isn’t. Because, if this was that obvious to everyone, we wouldn’t see so many huge losses for novice slot players. The most important thing is to play slots only from the most reputable providers, such as Nolimit City, Microgaming, NetEnt, and other huge names in the industry. If you do that, you won’t have to think about the information you read about it – many players before you confirmed its trustworthiness. You can definitely check out their reviews and thoughts about the particular slot, but you need to test it yourself. Every top online slot gives you the possibility to test it through demo play.
During that demo session, you should get a feel about the number of wins you get and how big they are, which will help you to evaluate the bets when you decide to play for real money.
Be Restrictive When you Gamble for Real Money
One of the biggest problems which are recognized related to gambling is an addiction and uncontrollable spending of money. Have you ever talked with some friend who likes to gamble and bet? Are they always talk about the huge wins they had last week and other losses that came after it is fine, because “I am not gambling for my money”? That is an interesting psychological phenomenon – why everyone counts the money AFTER the big win? Almost nobody counts how much money they lost before that big win!
That is one of the biggest mistakes you can make if you play slots. The only way to be successful and make a profit is playing for the lowest bets, with a bank that is strict. Therefore, you will be able to evaluate the slot and come to your own conclusion about the variance and return to the player, which are the most important parameters of every slot. Don’t forget, RTP is correct on the huge number of spins, we talk about hundreds of thousands, even millions! Since you don’t have that many spins, you must test it in the short runs, to see how much money you can realistically expect to return. After that, you will be able to assume when is the right time to withdraw the money and take your winnings.
How to Evaluate the Info Provided About Slots
We already mentioned RTP and volatility, but we also mentioned that all that data is computed after millions of spins. Realistically speaking, in the best-case scenario, you will take hundreds of spins during one session, but if you want to raise the bet, probably only a few dozen. Therefore, RTP and volatility in your short session might be completely different than the ones provided. So, you will need to think about your preferences as a player – do you want to risk more to win more or not? After you make that decision, you should be able to choose the right slot for you.
Slots with higher volatility give wins rarer than the slots with lower volatility. However, that doesn’t mean that slot with lower volatility and higher RTP is just better. It can, in fact, be a lot worse! There are slots that give a win almost in every spin, but those wins don’t cover the bet in most of the cases. If you play those slots for lower bets, you will experience how your bankroll is slowly draining, although you get wins almost every spin! It is unlikely to imagine that you can earn a lot of money by playing those slots, but before you try it you won’t know, right?
Slots with higher volatility and higher RTP look so good on paper, but they are the most deceptive. Numerous players break their bank in these slots because they expect to hit the big win after every spin. While they are waiting for it, they spend all their money with huge bets, and even if they get it in the end, they spent so much money that even those slots can’t cover. That is why you need to be very careful when choosing slots.
Don’t Explain Your Failures with Myths and Conspiracies
The last tip we have to give you revolves around myths and conspiracies around slots. We all heard that slots are rigged, that you need to play on some machine at a specific time, or after the player who lost a ton of money because the slot is “full” and has to release that money to someone soon.
All those misconceptions are completely fake – slots are pure math and probability, and to successfully play them, you need to know how to compute and how to evaluate your chances. Random numbers generator decides whether you will win or lose, and the calculations are based on every given spin – past spins don’t affect the probability of something to happen in the future.