How to Beat the Slots #101
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Know your limit. Set a "lose limit" and a "double my money" amount before you enter the casino. If you're winning, stop when you have doubled your initial amount. If you're losing, stop when you reach your lose limit.
This will keep you from spending more than you can afford at the casino. Plus, setting a win limit will help you come out ahead. If you keep betting, you could lose everything you've won.
For instance, you may decide that you'll only spend $50 while you're in the casino. That's your "lose limit." So you'd stop when you run out of that cash or when your winnings equal $100.
Plan for the long term. If you'll be vacationing in a gambling town or spending several days to play, it's best to figure out how you'll budget your funds to cover the length of your visit. Here's what you can do:
Determine how many days it will take you to get to the casino and how much time you will spend gambling each session. Divide your total bankroll by the number of days and then divide that daily allowance by the number of hours you plan to play each day. This will tell you how much you can afford to lose per hour.
For example, you arrive in Atlantic City with a $2000 bankroll and plan to stay for 5 days. That allows you to wager $400 per day. You decide that you want to play a total of four hours per day. This means you can afford to lose $100 per hour.
Have back-up plans in place to keep your spending in check. You may be surprised at how quickly you can go through your bankroll by playing the slots. With ATMs conveniently located throughout the casino floor, you may find yourself spending more than you intended on your quest to strike it rich.
Bring a pre-determined cash amount with you to gamble and leave credit and debit cards at home or in your hotel room to reduce your risk of overspending.
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Buddy up. Make a pact with a friend that you'll stop each other from spending more than an agreed-upon amount.
Playing with coins rather than feeding bills into the machine will extend the time of your play.
Profit from any winnings. Play only with the money from your initial bankroll; that way, you won't walk away empty-handed. It's counterproductive because you don't lose what you win. This is harder to do if the casino has a card system; however, you can try cashing out big winnings when they happen.
Join the casino's club to earn benefits. Join the slot clubs if you are playing at a land-based casino or take advantage of bonus money offerings that online services give to their loyal customers. These clubs often offer bonus cash for playing the slots, while others may give you discounts on things like buffets or hotel stays. These offers are based on how many coins you play in the slot machines or your rate of play.
Compare the benefits of different casinos or sites and choose the casino that offers the best benefits or freebies for your level of play.
Some casinos even give some of these points back as cash, making your gambling dollar stretch even further.
Be sure you always have your club card inserted in your slot machine before you spin. You want to get credit for every bit of your play time.