There is no doubt that online slot games are one of the most fun types of casino games to play. This is quite clear, especially considering that slot games outnumber all other casino games, both in physical casinos and online ones.
However, as you also might have noticed, it can be very easy to lose a lot of money when playing slot games. This might have led you to wonder; is there anything you can do to lose less when playing? Yes, there is, and this article will cover the most important things you can do to lose less money while playing online slot games in 2023.
Play The Right Game
The first tip on this list, if you want to lose less money when playing slots, is to choose the right slot game to play; Texas88 provides a great overview for new players looking to get started. If you are new to online casinos, you might not be aware of the house edge and RTP. The house edge of a casino game, such as slots, determines how likely it is for the house to win.
The RTP, which is the return to player percentage, is the percentage that determines how much of the total bets made by players will be returned to players over a predetermined period. By choosing a slot game with a low house edge, as well as a high RTP, you can potentially decrease the number of losing bets you make.
You should also try to find slot games that are low volatility, since these pay out more frequently, although in smaller amounts.
Use And Stick to a Budget
The next thing that you should do in order to lose less money when playing online slots would be to use a budget and, most importantly, stick to it. Creating a budget will allow you to determine how much money you will be spending on playing slot games. A simple budget would be something like betting a percentage for each bet; 1-5% of the total budget per bet is a good amount.
You could break the budget down further from a monthly budget into a session budget. To do this, take the total budget and divide it by the total number of sessions you plan on having; $200 for the month divided by 10 sessions is $20 per session.
Use Free Spins
Much like the tip above, you might have noticed that another way to lose less money when playing slots would be by controlling how much you spend. To this point, to spend less, you should consider using the bonuses that online casinos provide. With slot games, you are going to want to use free spins.
With that being said, there are a few things to note. First, some online casino bonuses, such as free spins, will require you to play a specific game in order to make progress with the bonus. Second, you are most likely going to need to match the amount you spend to the amount you win. Carefully read through the wagering requirements when choosing a bonus.
Know When to Quit
Now that you have selected an online slot game with a low house edge and a high RTP, and you have created a budget and are using bonuses, the next step is knowing your limitations and understanding when to quit. One of the easiest ways that you can lose a lot of money playing slots is by chasing losses or playing past your allocated budget.
There are two strategies you can use to avoid this. The first is by setting a loss limit. A loss limit is a set amount that you are comfortable losing, and once you reach that amount, you stop playing. Similarly, set a win limit. This is the opposite; once you have won a certain amount, you stop playing.
As you can see, there are plenty of things that you can do to ensure that you lose less when playing slot games. First, it’s important to choose the best games to play by looking at the house edge and the RTP. Next, you need to implement a budget, along with win and loss limits, and stick to it. Finally, you should always use free spins when they are available, and read the wagering requirements for them.
