Smart Slots Bankroll Management From the Ground Up

July 14, 2014

One of the key decisions that you have to make when it comes to playing online slots is how you handle your bankroll management. There are tons of different approaches that typically revolve around how many bets you have in your bankroll, but those ideas don't really address the fundamental fact that you have to budget a certain amount of money for playing slots and then make that money last for as long as you can. What we want to do is start from the ground up and show you how to not only manage your bankroll well but also how to make sure you make your bankroll as effective as possible.

From the beginning, you need to decide on how much money you're going to put into your bankroll each week or each month as an item on your budget. This is a steady amount that's going to be added to your bankroll on a regular basis, and this is the maximum amount that you are prepared to lose if things go poorly. From there, you need to decide how you're going to use this money to get the most you can from promotions like deposit bonuses and other deals that will help you to stretch your bankroll so that you have even better chances of winning.

Once you get to this point, you need to decide how long this amount of money and bonuses has to last you, and based on how much you play, pick out a bet size that will allow you to stretch your bankroll out as long as it needs to go. Start with a conservative estimate when you start out with this type of bankroll management since it's much easier to switch to a higher bet size if you need to than to drop down in stakes if your bankroll starts running short.

From there, realize that the bigger a deposit you can put up at once, the better bonus value you can get, so you might want to save up money from your budget for several weeks in a row before making one deposit with all of it to get a larger bonus in terms of a percentage match. This will allow you to get in more play with your bankroll and to be able to play higher stakes while still putting the same amount of money into your play from your budget.

Top of Page