If you want to get the most out of gambling on new slot sites, it is important that you learn how to manage your bankroll accordingly. We want to give you a few tips for doing that. Let's say you want to play one of the most popular games online: Rainbow Riches - hows best conserve and build your roll? Keep on reading to find out!
What is a Bank Roll?
To put it simply; this is the money that you have put aside to play slots. The size of your bankroll will be determined by how much money you can afford to lose.
It will vary from player to player. We must stress that your bankroll should be money that you can afford to lose. It is unlikely that you will lose all the cash, but you should ‘expect’ to. If you need your money to pay bills, don’t put it into your bankroll, basically!
How much can you/should you bet per spin?
This is something that is going to be personal to you. Some people are not really going to be after the ‘big bucks’. Instead, they just want to play some cheap spins for a bit of a kick. Obviously, the more money you have in your bankroll, the more spins you will be able to get out of it.
We like to get a good couple of hundred spins from our bankroll. So, for example, if we had a bankroll of £100, we may aim for 20p per spin. This gives you over 500 spins providing you never win at all.
This is a decent amount of spins. £100 should last you a few weeks. If you have more money in your bank roll, then you may want to up the amount of money you are playing per spin. For example; if your bank roll was £1000, you may be able to afford £2 per spin. This is still 500 spins. Your earnings will, potentially, be a lot higher too.
Deciding Which Online Slot Machine to Play On
Your main consideration should be the volatility of the slot. If the slot is a high volatility, you do need to be aware that you will be spending a bit more cash before you see any wins.
When those wins do come in they do tend to be a bit higher than the norm. If you have a smaller bankroll (maybe £20-£30), then opt for a low volatility slot. The wins will be smaller, but they will come through thick and fast. This will give you more enjoyment in the game.
You may also want to think about the house edge on the slot. The higher the house edge, the less likely you are to win on it.
How to Limit Your Losses
Set yourself a limit. Once you have your bank roll in place, don’t top it up unless you can absolutely afford to do so. When we play slots, we budget ourselves a certain amount of cash each month. We then deposit this cash into our online casino account and play about with it.
You really should remember that playing online casino games is meant to be fun. It is not something that is meant to send you into masses of debt. There is no fun in that.
If one slot doesn’t seem to be playing with you that day, then feel free to switch to another slot. If a slot is not paying out, it does not mean that it is rigged. Luck just may not be going your way that day. By switching to another slot, you get a nice psychological boost. There is a good chance that the new slot has a higher payout rate too.
What should you do with your winnings?
This is up to you! Most people want to make a profit when they are playing online slots. We recommend that anything over your ‘initial deposit’ is transferred straight to your bank account.
For example; if your initial deposit was £100 and you earn £120, transfer that extra £20 to your account. Some people will keep it and play about with it, but we are playing slots to win some cash!
Check out Some New UK Slot Sites
Now that you know how to manage your bankroll when playing at top online casinos UK, you can go out and check out some new slot sites and put your money to work!
We also recommend that you look at some of our reviews for new slots 2017, just to see which games you can play. We go into depth on variance and the like here. This way you can determine which slot is going to be right for your budget.
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