Any online slot guide worth reading will teach you about the importance of slot bet sizing. Among all the aspects of learning how to bet on slots, it could be the most important.
As you consider how much to bet on slots, you need to evaluate the implications of your bet size on the various online slot machines. There are some uniform effects and other effects that are unique to certain games.
Controlling your bet size for slots is akin to managing the risk you’re taking, which is one of the few things you can manipulate in these games of chance. Regardless of what choices you make, BetMGM Casino gives you a chance to come away a winner.
How Does Your Bet Size Affect Your Slot Wins?
A common question related to how slot denominations relate to your total bet is, “Do slot machine odds change with bet size?” In most cases, it’s not as much a matter of the odds “changing” as it is just getting access to different paylines at various denominations.
One standard rule of thumb for many games is that access to features and paylines improves as the slot machine bet size increases. In other words, the more you bet, the more valuable your potential payouts.
That doesn’t necessarily mean your odds of winning improve, however. In most slots, the odds of jackpots and payline hits are usually fixed.
Should You Play on Max Bet?
If you’re burning through your bankroll with an average bet size in slots, you might wonder if you should play slots on max bet. After all, if the payline hits are potentially more valuable, wouldn’t that boost your budget faster?
This is where you need to differentiate between hitting paylines and making a profit. When you bet higher amounts, you also need to win higher amounts to offset your cost.
You should evaluate each bet denomination in each slot for its odds and potential return. The max bet option might not be the best value in each game.
How Much Should You Bet On Slots?
Choosing a bet denomination should be a highly subjective task that depends on your budget, how many spins you wish to play, the options available in the game you’re considering, and your comfort with risk. A solid, responsible gambling plan and a good understanding of the slot you want to play make this evaluation simple.
Once you’ve set your budget for your session, establish loss, time, and win limits. After that, decide how many spins of the slot you’re looking at you’d like to play.
At that point, you could just allocate your budget across that number of spins as evenly as the betting denominations in the slot will allow. Some players will choose to mix things up, though.
Remember: Volatility Rises with Bigger Payouts
If slot volatility teaches players anything, it’s that the rarer the payouts, the more valuable that payout is. The inverse is also true.
As you weigh your betting options for your slot session, consider mixing in some higher-value bets to give yourself a chance to make a profit. Playing it safe all the time might prolong your session, but you sacrifice the opportunity to come away with a bigger bankroll than you began with.
Even with a good mix of safer and riskier bets, you need luck to come out on top. Because slots are games of chance, you need to control what you can control.
Tips for Sizing Your Bets in Slots
Your betting strategy that you decide on before playing is a fantastic way to set yourself up for success if luck is on your side. You might wonder, though, if there’s room for you to adjust based on how your session is progressing.
As long as you stay within your limits, you can react to the moment.
Start Low and Slowly Increase Your Bet
Especially if you’re playing a slot for the first time, starting at the lowest denomination will help you get familiar with the game’s features and symbols. Starting off low is also helpful if you’re not sure if the slot is a good fit for your taste.
Even with slots you’re more familiar with, building your bets over time can be a great way to plan out your wagers. As long as you keep the odds of winning each bet in mind and stay within your limits, how you spend your budget is up to you.
Think About How Long You Would Like To Play
Time management while gambling is just as important as your financial limits. Even if you’re playing with money you can afford to lose, if you’re gambling when you should be doing other things, that can be a sign of an unhealthy relationship with gambling.
Time is also important for your betting plan. You should plan for a number of spins that are realistic within the amount of time you have allotted yourself for slot play.
Those considerations make it easier to determine which bet denominations you’ll target. If you go for the max right away, you might hit your loss limit early and face the temptation to exceed that limit.
Lower Your Bet Size After One or Two Big Wins
If you’ve gotten lucky, there’s a lot to be said for going out on top. You can cash your winnings out or save them to play with in your next session.
Should you get lucky but not to the extent of hitting your win goal, you might still want to consider reducing your bet. That may not improve your odds, but it might help you preserve more of your winnings.
There are countless tales of players who won big and then lost big. Your discipline in the high moments of gambling is just as important as when you hit the lows.
If You Want To Extend Your Bankroll Avoid Costly Features
Fast-spin mechanics in slots can be an ally or a danger. How you use them will determine what each of these features is to you.
If you want to quickly try out a game, setting a number of spins and letting the app or website do the rest can help. On the other hand, these presets can make it easier to exceed your limits if you aren’t committed to them.
The same thing applies to Bonus Buy and Gamble features. If you have the room in your budget, these can be great tools, but they can also be a fast track to forming bad gambling habits.
No Matter What, Stick To Your Budget
Having fun and gambling responsibly go hand-in-hand. If you’re not setting a slot budget, you’re risking more than just your bankroll.
When you go into your session without a plan, it’s a lot easier to spend money you shouldn’t or gamble for longer than you should. Over time, these habits can put you in danger of developing a gambling-related behavioral issue.
When you make a plan and stick to it, though, you can relax and enjoy the moment regardless of how your luck turns out. Register for BetMGM today and see how smart gambling is winning gambling.
