Slots – Know your Limits

Slots – Know your Limits

Slots, know your limits as to how much money you will bet during one session. The smart gambler sets session limits for losses. A wise gambler also has some idea of when to stop during a winning rush. One rule that has some merit is to stop when the losses have cut the winnings by 30%. An example would be you are ahead by $100. When the winnings are down to $70 it is time to end the session.

Let’s say you are going to be at a gambling resort for 4 days. You plan on bringing $1000 for betting while you are there. One game plan would be to set a limit of $250 for each day’s stake. If you lose it, quit for the day. If you win keep the same limit for the following days. This is a conservative plan, but at least it gives you a chance to take some money home.

Setting limits on slot play is no different than setting limits on any other form of gambling. It is the setting of a limit that is important. The limit only has to do with losing at first. Later, if you are winning, then a percentage of the winnings will be your new limit.

Slots are an easy gambling game. A player makes their bet and then depends on luck to either win or lose. Poker or blackjack takes on a skill element to play well. For this reason it is wise to set session limits or daily limits as to losses when playing slots. If you are lucky, the slots will pay off nicely in a four-hour session.

Slot limits should apply whether you are playing one machine or multiple machines. At the end of the day, if you are considerably ahead, it may be a good time to take a small stab at some of the big payoff slots. The operative word here is a small stab.

Setting limits on losses is easy. Keeping them is the hard part. If you are going to make a trip or play on line often, then set small loss limits. A high rate of play can wreck havoc on your bank balance without limits, which you set and keep.

Setting limits and keeping them allows a player to enjoy the thrill of gambling without the danger of going overboard. Gambling can be fun when done well within limits you can afford.

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