• Posts Tagged ‘bankroll’

    The Ticket-System and Slot Machines

    Tuesday, March 29th, 2011

    If you love to wager on the slots you may be interested to see how the market is changing. There was a time when part of the fun of gambling on the games was to put your coins in. If you got a winning combination then you suddenly got a hopper full of coins in return. The noise of the coins hitting the metal hopper was an enjoyable reminder that you just made a good win. That is changing now. Though having a metal hopper and working with coins worked for decades, more and more casinos are looking for new technologies to help streamline the gambling process. One of the problems with physical hoppers is that it opened the door for thievery. People who weren’t vigilant or who had too much to drink were normally the targets for thieves. They complained and casinos tried their best to help, but thievery at a casino can be inevitable. The other problem coins create is natural wear and tear on the machines. Gaming companies have to protect their investments and that means they have to periodically change out the hoppers due to metal damage. They also had to have people go around physically and count the coins in each machine, account for it and then log it. all of these things posted a new issue for the gambling world and it was a hard thing for casinos to deal with- until technology took over.

    Now that there is a huge rise in what is possible thanks to developers, casino operators are finding new solutions for old problems. One is the problem of dealing with coins. You can go to a casino now and see more and more are using the ticket-system. This is a system where you deposit your money at the cashier’s cage or a gaming terminal, you get a ticket with your total bankroll and then play off of it. You insert the ticket into each game as you want to wager on it and as you play, it deducts or deposits money to your virtual account. There is no physical exchange of coins. Instead, when you are done you return to the cashier or to the terminal to cash out. It is a great way to update playing in slots gambling and it is gaining in popularity because of its efficiency.

    Slots Aren’t Always Harmless- Part 2

    Saturday, March 26th, 2011

    With slots the numbers can quickly add up too. Consider that the average slots gambler can spin the reels one-hundred times per hour. This means that whatever the wager requirement the game has per spin can be multiplied by 100 to get the true hourly cost of that game. A small $1-per spin game can cost $100 per hour. A $5-per spin game can cost $500 per hour to wager on. You have to consider the overall cost of a game when you are considering playing it at a casino. Sure it may look simple, but that doesn’t mean that it can’t push your bankroll limit way over what you want it to be. The games also are easy to go overboard with because spinning the reels is almost automatic. You don’t have to think or strategize. The amount of time it takes to keep spinning can fool the brain into thinking that “one more spin” isn’t going to hurt anyone. However, that “one more spin” can easily lead to two more…to three more…to ten more spins. This is where a gambler can get into trouble. They can keep on spinning “just one dollar” per spin but forget to do the math. That one small dollar can add up considerably over a few hours of wagering. This is why you have to be vigilant with slots just like you would with any other game at the casino.

    One of the dangers of slots is that they don’t “seem” to cost a lot. The perception with many gamblers is that they are low-wager games. While this can be true, it isn’t always the case. The games are flexible enough that they can require a lot to wager if you want to. This is the beauty of the slots. They are affordable for people with low bankrolls, but they still can be high-roller games if you aren’t aware of how quickly they can add up. The number of paylines a game has is a great gauge for how much it is going to cost you to wager with them. Be sure to understand how much you are wagering and what rate you are wagering at before you commit to a game. Your bankroll depends on it.

    Slots Aren’t Always Harmless- Part 1

    Saturday, March 26th, 2011

    No one can argue that the slots games are lucrative. They create a huge portion of the overall revenue that a casino brings in any given month. If you are going to wager on a slots game then you have to avoid being overcome by the games. One of the features of every slot game is that it is unassuming. There are some newer gamblers who don’t understand how much the games can cost over time. You have to know how to manage a game and the wagers involved. For example, let’s say a game costs just $0.05 per spin. The average gambler can spin the reels on a slots game about one-hundred times per hour. That means this game could cost you $5 per hour to wager on… but there is more. Let’s say you have three paylines. That means that you have to multiply that wager rate by three if you want to activate them all, or count on $15 per hour. On the other hand if the game has ten paylines to it, then that same game will now cost $50 per hour to wager on. You have to be aware of the number of paylines that you are working with when you wager. This is one of the easiest ways to go overboard with your bankroll. If you aren’t aware of what to manage when working with the paylines then you could easily have problems with your gambling over time.

    If you compare slots to other games, they seem much more harmless than they really are. Consider you are playing in a poker game and the buy-in is $25. You immediately have to part with that amount, plus then mentally you prepare yourself to wager thoroughout the hand too. When people play games like poker they are mentally ready to lose more money. They know that the games are costly, or at least can be if they aren’t careful. On the other hand, people tend to think of slots games as smaller-wager games that aren’t as dangerous to wager on. They think of the penn-slots and nickel-slots and don’t consider that wagering for a few hours can still push the limits of their wallets upwards.

    Part two coming next.

    Using ‘Pattern Strategy’ Of Wagering on Slots

    Friday, January 21st, 2011

    Another wagering strategy you can take advantage of when you are wagering on the slots is the “pattern strategy” of wagering. This is another simple one and it comes in handy because you can set your own rules with it. Basically in this one you can pick whether or not you want to be aggressive or conservative with your wagers. The best thing about this strategy is that it offers some moderate returns. You may not have the huge payday with this wagering strategy, but you aren’t going to lose big either. This patterned wagering system is more of a way to moderate your losses and wins. It keeps everything relatively even. With this method you have to formulate a pattern of wagering. Let’s say you pick this: 1-coin, 1-coin, 2-coins, 2-coins, 3-coins, 3-coins and 4-coins. Then you would run through this series of wagers and then work your way down. So after your wager of 4-coins, you would return to 3-coins, 3-coins, 2-coins, 2-coins, 1-coin and 1-coin to finish. You can go as high or keep it as low as you want with this method of wagering. The wagers are all customizable to your bankroll and what you feel like the day you are using them.

    The value here is that you are never going overboard with your wagers. You are keeping your wagers even and that is what protects you from going overboard and losing all your money too soon. Sometimes in wagering at the slots games people are more concerned with timing. They want to wager for a specific amount of time and that means that they have to keep a certain level of coinage on hand at all times to extend throughout their entire gaming plan. This means that they can’t wager a huge amount right off the bat. If you lose it, then you have no more coins to continue wagering with. On the other hand, if you use a system like this, then you are going to be able to keep going that much longer with your wagers. Take your time with this strategy and see if it is the one you feel most comfortable using. You can find others, so it is easy to keep on testing them out until you find the right one for your style of gaming.

    The Naked Pull and Loss Limits in Slots Gaming

    Friday, January 21st, 2011

    Even though slots are games of luck, that doesn’t mean that you shouldn’t bring some kind of strategy to your gaming. Sure you can’t influence the outcome- that is the nature of slots games! But you can still manage your own money and your choices throughout this, and any other game. With slots you are working with luck and you either have it during your gaming session, or you don’t. Let’s say you don’t…your best bet still is going to be to leave the table and come back some other time. You can’t test luck and if you keep on losing, it just may not be your day. On the other hand, if you do have a little luck, then you have to start using other tools to make the most of your cash. One of the most important things to do is to limit your naked pulls on any one game. The naked pull is a spin of the reels that leads to nothing- no payout, no free spin and no bonus. All you did with the pull is use up another wager requirement. You want to always limit your naked pulls. Decide how many you are going to give to any one slots game. for example, it is a good rule of thumb to never pull the reels more than ten times if you don’t get some return. This then would be your naked pull limit. The theory being that you just aren’t having luck on the game, and most likely won’t. Quit while you are ahead and move on.

    The other strategy you want to bring to the slots parlor is setting your loss limits. This is how much money you are going to put into any one game without a return. So let’s say you set it at $20. This means that you are going to spin up to $20 on any one game but if it doesn’t payout anything, you leave for the next game. This is another good tool to use because it is going to help you to limit your losses. Take your time with slots gaming and come up with a few good tools to help you make things easier on yourself. Remember that slots are games of luck, but that doesn’t mean that you can’t turn things around for yourself and protect your bankroll as you wager.

    Setting All the Necessary Limits In Slots Gaming- Part 2

    Saturday, January 15th, 2011

    You also want to set your blind pull limit. This is how many spins of the reels you are going to take on one machine before you leave. A good rule of thumb is to set this rule at ten to fifteen– depending on your bankroll and love of the game. If you absolutely love the game and it fits into your bankroll limit you can take a few extra spins as long as you don’t go over your fifteen-limit. You also want to set the loss limit. This is how much you are going to lose on any one game before you move on to the next slots game. This is in line with your bankroll limit so take your cues from that. For example, if you have a total of $500 to wager with and are staying at the casino for two and a half hours, then you have just $200 per hour to wager. Make sure you set your loss limit in line with this number.

    The next thing you want to do when wagering is set some other limits. One important, but seldom talked about one, is the limit of drinks you are going to accept. As long as you are wagering at a casino they are going to bring you alcoholic drinks free. What better person to take advatnage of them than the gamers who are sitting stationary at the slots games, engrossed by their wins? Waitresses and waiters are more than happy to do their jobs and continue bringing you drinks as you wager. There is a problem though. As you drink, you start losing important judgements. You may turn your back on a bankroll and start wagering well over your limit. You may keep playing at a game that you should have left hours ago. You may keep on putting big-dollar money into games in the hopes for a great win. It is easy to overboard without alcohol, and that much easier to go way overboard with it. Be sure that you know your own limits and then stick to them. The casino isn’t going to help you here– they want you to wager as much as possible and are ready to do whatever is necessary to keep you active. You have to be the vigilant one with your own money whenever you go to a slots parlor.

    Setting All the Necessary Limits In Slots Gaming- Part 1

    Saturday, January 15th, 2011

    Bankroll limits are one of the most important things you are going to set when you are playing slots games. Slots games can be unlikely money-vacuums. You walk into a casino and you see a carousel of lower wager games. There are penny-slots, nickel-slots and quarter- slots. You would think if you choose these games then universally you are going to not overspend. Think again though! Let’s say you are wagering on a quarter-slots game. You would think that just 25¢ a wager would keep you safe, but it still is possible to go overboard. Research has shown that on average slots gamers spin the reels one-hundred times in any given hour. If you multiply that by 25¢, then you are wagering $25 per hour. This only applies if you are wagering on one line per spin. If you are activating more paylines then you are going to increase that. If you want to activate ten paylines, then you are wagering $2.50 per spin, or $250 per hour. Now multiply that by a four-hour gaming session and you are wagering at $1,000 per hour. You can see how if you do activate more reels then you are going to wager that much more and you easily could go overboard with your wagers. It is hard to limit yourself when you are in the heat of a great gaming session too, so you have to do some preplanning with your money.

    The first thing you have to do is to set a bankroll limit. This is the total amount of money you are going to have to wager throughout your entire gaming session. The key here is to set a limit of money that you know you won’t miss if you lose it. Remember that the odds are against you that you are going to win back your money or win back a portion of it for that matter. You want to make sure that you are wagering a sum of money that you don’t need. This may sound like a negative attitude, but you have to remember that you don’t have a great shot at walking out of the casino a winner. Be sure to protect yourself and your money by setting a strict bankroll limit first.

    Part two coming next.

    Will Progressive Slots Ever Take Over?

    Friday, January 7th, 2011

    There is some talk in the slots market that more and more gaming companies are pushing towards building a huge network of slot machines. They recognize the progressives as the most lucrative and want to capitalize on that by building a huge network of slots for people to play on. This sounds like a good idea. Progressives are the ones that pay out huge dollars and they have avid fans in all genres of the market too. They come in varied themes and even in varied wager requirements. Of course you have to activate all lines to play them, but that doesn’t mean that it is always going to cost you the same amount of money to play games. You could find a great game that costs $30 per wager to play and another great progressive that costs $10 per spin. This is part of the draw of progressive games. They are so varied and answer a wide range of needs for gamers. Still is there a time when the games are going to completely take over the slots market?

    The chances of progressive slots games being the only ones being offered to the market are slim. The reason is that while a lot of people like to take a shot and win big payouts, there are still a huge number of people who are wagering to just have fun. They don’t necessarily want to have to wager ten, twenty, or even fifty dollars per spin for the chance at the big progressive payout. Some of them don’t have ten, twenty or fifty dollars to spend at one game. They would prefer to find the smaller wager requiring games and spend a good three hours wagering for the fun of the experience. They know that the odds are against them and aren’t the least bit concerned with changing that. They just want to find a great game and stick with it. Progressives are always going to be there for the person wanting to take his or her shot at the big win, but the smaller games still fill a huge need in the market. These are the games that provide hours of affordable fun for any gamer who want to play a gambling game. With their overwhelming success rate in the past, they aren’t going anywhere any time soon.

    Knowing How Many Coins to Wager- Part 2

    Friday, January 7th, 2011

    A lot of how you manage your bankroll comes down to math and doing a few initial calculations before jumping in. The bankroll and how you manage it is the most important thing you do when wagering. You want to always assume you are going to lose your entire bankroll. This isn’t “negative thinking” it is reality. Remember that the odds in gambling are always against you. And preparing for losing everything is most likely what is going to happen. You should figure out what your purpose for gambling is and then wager accordingly. So, if you want to wager to spend four hours at a casino then you need to do some calculations before you decide what games to wager on. Let’s say you have $300 and four hours. That means you need to stick to games that are going to cost you about $75 per hour to wager on. The $10 per spin slots aren’t going to work! You need a smaller wager game. On the same line of thought, if you are wagering to a certain bankroll limit you have to do the same.

    Smaller bankroll limits are one of the main reasons why gamers pick slots. They allow you to wager at the penny- and nickel- slots easily and have a great gaming time while doing it. The limits of a bankroll though dictate how aggressively you should be wagering and how much overall money you should spend on any one game. For example, if you have $500 to wager with, then portion that out to how long you want to stay. If you have five hours to wager, then that comes down to $100 per hour. If you have two hours then that comes down to $250 per hour. This is a great way to manage your bankroll and make sure that you have enough money to wager the entire amount of time you planned on staying. Whatever method you use, be sure to have one in place. This is the best way of managing your individual wagers and making sure that you get exactly what you came to the slots parlor for.

    Knowing How Many Coins to Wager- Part 1

    Friday, January 7th, 2011

    In the world of slots gaming you are going to have to make a few decisions. You have to decide what theme of game you want to play. This is one of the more fun parts of the games. You also have to decide whether you want to wager online or at a land-based casino. They both have advantages and you are going to find a great selection of games no matter which one you decide to go with. Finally, you have to make the big decision of how you are going to manage your bankroll. This is the most important thing you have to do with wagering. One of the biggest questions too is how to know how many coins to wager at any given time.

    One of the common questions in wagering is, “How many coins should I wager per spin?” This is a hard question to have one answer for. Like most difficult questions, the answer is “it depends.” First of all you have to find out why you are wagering. Are you wagering to play for as many big jackpots as you possibly can? Are you playing because you have five hours at the casino? Are you wagering because you love to gamble and have a $400 bankroll? The answer to these questions is going to dictate how you manage your wagers during your gaming session. If you are wagering for the “big payout” then there is only one way to do it: wager on all the paylines a slots games offers. If you love big payouts, most likely you are rushing to the progressives. These are the games that pay out in the thousands, hundreds-of-thousands and even millions. The games make life-changing payouts when a gamer gets lucky, but that costs. Players have to wager the maximum amount of coins to get to that payout. Let’s say you wager on a progressive but only activate three of the ten lines and then get a winning combination. You will win, but most likely you’ll get $500 and not the $500,000 progressive payout. To make yourself eligible for this you would have had to activate all the ten lines on the machine. This is a game that is definitely made for people who love to wager for the big dollars.

    Part two coming next.