Setting a Bankroll to play online slots
One of the most important factors to consider before taking part in online casino gaming is the size of your bankroll (how much money you are willing to spend).
Online casino games are like any other in that there is always a chance that you will not win. While it is obvious that it is always best when you do, and it is best to think positive, planning ahead for any potential losses can boost your casino experience and keep you coming back for more.
If you are only playing for recreation, with money that you can afford to lose, online casino games can be a great way to have some fun while also possibly putting some cash into your pocket. But the question remains: How do you figure out how much money you can play at a casino?
One of the most effective ways to do this is to budget the money you plan to use. That is, setting up your bankroll.
Set your casino bankroll
Your bankroll is affected by several factors, including but not limited to, your amount of disposable income, your style of play and online casino experience (whether you are a high roller or choose to play conservatively) and your long-term goals (if you’re saving up for a car, you may want to alter your funds accordingly).
An easy way to keep track of how much money to allow yourself to play with is to assign an appropriate percentage of your money to online casino gaming. This number will be a result of the above factors and more. With this, you can give casino games an appropriate priority for your situation.
Play only your bankroll
Another option for the more disciplined players among us is playing the two-pocket system. What this means is that you set up a ‘pocket’, literal or otherwise, that contains your current casino bankroll. You play that money in any way that you see fit and put any winnings that occur into a second pocket. The key to this system is leaving the second pocket alone.
The benefit to this is based on the casino’s advantage. Left to keep playing an infinite amount of time, the casino will typically reclaim its money if you put your winnings back into its games. Because of this, the second pocket preserves your winnings so that you will often play at a fraction of the cost, and even stand a good chance of leaving the casino with more money than you started with.
By planning ahead and setting up your casino bankroll properly, you protect yourself from spending more money than you can afford to lose, and set yourself up to be able to continue playing at the online casino in the future. Knowing how much money you are playing with can also keep you from deciding halfway through a game how much to spend, which can result in a bigger loss if you are feeling lucky, or an even bigger loss if you are not and decide to chase losses.
Last update: 02 August 2022
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