Stop overspending when playing slots with these five timeless tips

You don’t have to be a pro gambler to have a good time at the casino. Even if the more complex games like blackjack and poker are not to your taste, there are plenty of easier ways to play and have fun — such as playing slots.

Slot machines are essentials in any casino, and you’ll find so many different variations and machines with interesting features. Some are even themed based on popular franchises and video games, complete with eye-catching graphics designed to grab your attention. If you’re looking for a good site to play on, do check out the leading UK licensed operators.

Regardless of the design and aesthetic appeal, however, they all work the same way. Players bet a certain amount per pull, some machines allowing you to bet as little as a penny. After dropping your bet into the slot, simply push the button and pull the handle, and cross your fingers for a winning combination.

It’s one of the easiest ways to make some quick cash — but also one of the most dangerous if you don’t know your limits. Regardless of your level of experience with slot machines, here are five timeless tips to help keep you, and your winnings, safe.

1. Decide on a Bankroll Beforehand

This sounds pretty obvious, but you’d be surprised at how many people don’t have a fixed bankroll before they roll into the casino. This is especially true for slot machine players, who tend to underestimate how much they can spend in a single night.

Whether it’s a hundred bucks or ten grand, your bankroll amount should be decided before you enter the casino. This amount should be, firstly, something you can afford. The last thing you should do is gamble on borrowed money, or money you actually need to survive, as there’s no guarantee that you’ll get it back.

Secondly, the amount should be something you can stand to lose. In other words, even if you do end up losing your entire bankroll, you’ll still be able to leave and feel like you had a great time playing. If the amount you lose exceeds this threshold, you might end up leaving the casino with a ton of negative emotions, even anxiety, and depression.

2. Keep Your Winnings

Ask any experienced gambler and they’ll tell you that one of the most important, unspoken rules in a casino is to never play another round straight away with money you’ve won. For starters, doing so actually defeats the purpose of having a predetermined amount of money to play with in the first place. If you spend your winnings on an extra game, chances are that you might walk away with more losses than you intended.

We know that it can be tough walking away from the casino, but it’s better by far to go home with some winnings in the bag than to spend an additional hour at the slot machines with nothing to show for it, not to mention an even bigger dent in your wallet than you imagined.

3. Have a Long-Term Tracking System

If you’re a regular gambler, having a long-term tracking system is crucial to track both your wins and losses over time. By keeping track of how much each night is costing or earning you, you can then adjust your bankroll accordingly. For instance, if you find that you’re not losing as much as you thought you would on the slot machines, you might choose to keep the current bankroll or increase it so you can play on the higher-stake slot machines.

Keeping track of how much you lose each night is also helpful, keeping you in check and preventing prolonged overspending. After all, if you notice a consistent streak of losses, you may naturally want to reduce your gambling habit. The best part is, some states allow you to deduct any gambling losses off your yearly taxes, so it’s actually really worth taking note of them!

4. Control Your Emotions

Too often, emotions can trump rationality and cause us to make poor decisions we wouldn’t make if we could see things objectively. The same is true for just about all aspects of life, but when it comes to gambling, making decisions based on your emotions is one of the worst states you can fall into.

If you’re in an overly negative or positive mood, our advice is to step away from the slot machines altogether. If not, your emotions might cause you to play longer or shorter than optimal, or worse, get you to bet more than you can afford. A particular feeling to watch out for is known to seasoned players as a hunch — a feeling that a jackpot is coming soon with no facts or rational reasons to back it up.

Another tip is to always be honest with yourself. Be honest about your odds and your budget, not letting your emotions taint your objectivity. If you see yourself losing, it’s okay to admit defeat and leave the machine for the night. That’s a far better option than stubbornly refusing to leave and ending up with too many losses to recoup.

5. Consider Playing Slot Machines Online

The Internet opens up a whole world of opportunities to do things from the comfort of your home, and that includes gambling. The world of online slot machines, for one, is quite extensive, with many online casinos offering digital versions of this beloved game, but of course, with real money to be won.

Online casinos are also better in the sense that you save money on things like food and fuel that you’ll need to drive over to a physical casino. With that said, it’s important to keep to your usual bankroll amounts. Don’t fall into the trap of thinking you can spend more on the online slot machines from the savings you get from not leaving the house! Often, people overestimate how much they actually save, and end up spending a lot more.

Some online casinos also allow you to set a monthly maximum bet amount, which helps to protect you from overspending. It’s best to use these guards, even if you end up missing a night or two of casino fun.

Conclusion

All in all, slot machines are some of the easiest money-makers in the casino, but can also be a gateway to financial troubles and debt. Heed these five tips, and you’ll be well on your way to having an enjoyable time at the casino with peace of mind. Share this with a friend, too, so you can stay accountable and have fun together.