Gambling’s global popularity is rising year-on-year. The worldwide land-based market should reach a size of $525 billion by 2023, and the online one currently generates annual revenues of $93 billion. As legislation regarding this activity grows laxer, the number of players who chase after prizes on chance-based games increases.
Slots pull in more than two-thirds of all gaming profits and are most people’s gateway into the world of casino-style gambling. They require no skill, are simple to play, and can yield mouth-watering rewards. The internet’s counterparts to these electro-mechanical machines are even more enticing to spin, as they feature transparent game specifications, advanced graphics, and immersive gameplay.
Like with all chance-based games, your good fortune is the deciding factor that determines the outcome of your gaming session. However, following the advice below will ensure that you minimize the casino’s odds so that you stand a shot of walking away as a winner.
How to Spend Your $40
All slot results are random. An algorithm called a random number generator produces each symbol combination on the reel-grid, and nor you or the casino can affect its gameplay. That said, what you can do is incorporate a betting strategy. Meaning, while you cannot influence the game itself, you can still take a strategic approach in how you place your bets.
The most straightforward system that you can try is the Martingale, commonly used on roulette. Its origins date back to 18th-century France, and to apply it to slots, you must first pick out the right game to play. We will elaborate more on this later.
The Martingale is an undemanding betting pattern to learn. It follows a simple negative progression. You only have to remember that you must increase your bet amount by doubling it after each loss. Once you win, you start over using the same formula. The idea here is that eventually, you must claim a reward. Once you do, you will recoup all your previously accumulated losses and obtain a profit.
The Martingale is most utilized on games with 50/50 odds because its concept hinges on the notion that if you flip a coin ten times, the probability that it will land ten times on one side is super-low. However, multiple possible outcomes complicate things, as they lower your win probability. While slots are not 50/50 games, it is unlikely that you will experience a series of dozens of losing spins. No developer would build-in such settings in their games. Because if that were the case, they would be unappealing to play.
On Which Online Slots
If your gaming budget is only $40, picking out the right slots to spend your funds on should be your top priority. Not all reel spinners are the same. They all accept different bet sizes, feature specific odds, and payout wins with a distinct level of regularity.
Thus, if you wish to utilize the Martingale strategy and have only $40 to spend, you should play a penny game. Penny slots are titles that accept a minimum wager of one-cent. You need such a game to start small and have enough wiggle room to suffer multiple losses before claiming a prize. Remember, slow and steady wins the race.
Also, pay attention to the specifications called RTP and variance. The first tells you the house edge of a given game, and the second will inform you of how regularly it will provide prizes and in what amounts. For example, a low variance game gives out small wins regularly, while a high one will produce big rewards rarely.
Some high-paying online slots with a decent variance setting are Mermaid Pearls, True Sheriff, Mermaid Queen, After Night Falls, At the Copa, and Lion’s Lair.
When to Quit Playing
Practicing proper bankroll management is a must. If you plan on spending $40, once that amount gets depleted from your casino balance, step away. Never overstep your means, playing with more than what you can afford to lose. If you frequently do so, you are likely developing a compulsion concerning this pastime and need to address this issue.
Always keep in mind that gambling is a chance-based activity. Though the probability of you getting twenty losing spins in a row is low, it can still happen. First and foremost, look at spinning reels as paid entertainment. The money-winning possibility should come second as a byproduct of a good time.
If you are dead-set on coming out ahead at the end of your gaming session, know that it will require patience and discipline. You will have to slowly amass respectable sums via many repetitions of the Martingale pattern, starting with wins that are only a dollar or less. Though, as with anything in life, there is no guarantee that you will always turn a profit using this system.
About the Author
Shelly Schiff has been working in the gambling industry since 2009, mainly on the digital side of things, employed by OnlineUnitedStatesCasinos.com. However, over her eleven-year career, Shelly has provided content for many other top interactive gaming websites. She knows all there is to know about slots and has in-depth knowledge of the most popular table games. Her golden retriever Garry occupies most of her leisure time. Though, when she can, she loves reading Jim Thompson-like crime novels.