Why We Play Slots
Slots are one of the most favored casino games out there, and it is no surprise. There are so many wonderful games out there; Blackjack, Poker, Roulette, Craps, Baccarat, and so on.
However, slots are so easy, it is easy, simple, and fun to play. You can also make big money on the slots if you are lucky, but that is just it. It is dependent on luck, there is no real strategy to winning at slots, it is not like poker.
People love simplicity, and letting fate take the reins, if you win, awesome! If you don’t, there is not much you could’ve done, luck just was not on your side today.
However, that is not to say that slots do not have some strategy to them, it is all about understanding how the machines work though, there is no definite winning tactic to slots, just sheer luck and knowing how they work. It won’t guarantee you a win, but it can boost it.
So, how can you choose the right machine for you?
Choosing The Right Machine
If you are playing in a real-world casino then you should take the time to look at the machine’s information, usually printed on it. If you are playing online at Fanduel.com, then this information will be available for you on screen.
What information is this? It is about how the game works, its RTP (which we will discuss later), and more.
This information is key in helping you decide on the right machine.
You must ask yourself when you play, why are you playing? Entertainment? Relaxation? Money?
Pick a machine that matches why you are playing. If you are playing for money you will want to focus on the RTP, if you are not, you can play a little more leisurely, and maybe pick a different machine.
Slot Machine Variance and RTP Rates
The only strategy there is for slot machines is to consider the variance rate of the slot, which is basically just the risk you put into playing it, versus the reward of playing it.
There are some low variance slot games out there that may offer you a reward for the majority of your spins, however, you will likely find that the payout is sub-par.
On the other hand, a slot may have a high variance, in this case, it will offer fewer rewards, but the rewards you do get will have much larger amounts.
This will help you to figure out how much risk you are willing to take in the slots you play. If you are playing for money, you may wish to take on a high variance slot. However, if you are playing for fun, a low variance slot may be worth it.
Then there is the RTP rate, which stands for return-to-player. This just means that the data will show how much you can expect to profit on a slot.
So, if you were to wager an amount of $100 on a slot, and it has a 97% RTP rate, you will likely win back $97. A high RTP rate is anything above 97%, a medium rate is anything above 96%, and a low RTP is anything below 95%.
Do not think that these returns are for everyone either, they are usually specified for long playing sessions on one slot in particular. So, you may spend an hour spinning their reels before you see the return.
Take into consideration the RTP and variance before you decide on which particular machine is for you. These two rates for play may also help you decide what kind of player you are and if you play for leisure or money.
Consider your Bankroll & Your Budget
Not only is it important to consider the rates of the machines and how you like to play, but you should also consider how much money you have to spend on this as well.
Never head to the casino without having set yourself a spending budget, or you could easily end up eating away at your bank account and eating noodles for dinner every day until payday.
Set yourself a budget and stick to it.
How does this impact what machine you play on? Well, wager requirements… which we will talk more about later.
However, if one machine requires you to play 50 cents per play, and you only have $100 to spend, you will only get 200 spins. However, if a machine requires only a dime per play, you could get 1,000 spins out of it.
Quite the difference, hmm?
Considering your budget will help you to figure out which machine will give you the most out of it. If you have a smaller budget then you will want to turn to a machine that requires less money per spin, so you can get more spins out of it, and thus more fun.
If you have a bigger budget, then you can be a little more lenient with what machines you play on, and you can choose machines with a higher requirement.
Playing Online Or IRL?
Online casinos will have a greater number of slots to play on, although you do not get that feeling you do with land-based casino slots.
How you prefer to play should be taken into account as well. Although they work the same online and in real life, do not forget to consider how you best enjoy playing, so you can get the most satisfaction and enjoyment out of your money and your time on the slots.
If you play online, then wager requirements are a little more than just what is required for you to play, but instead, if you utilize the casino bonuses it goes further.
In online casinos, you should be wary that wagering requirements can affect the bonus. So you would need to wager any bonus money you get multiple times before you can withdraw your winnings.
You will often need to bet up to 40 times the amount of your deposit bonus before you can withdraw it.