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Reinvest Small Slots Winnings

added 07.12.2011, 12:09AM

The biggest thing that online slots players can do in the way of slots strategy is to properly manage their bankroll. Of course, there is no universal bankroll management strategy, but one thing that a lot of slots players advocate is cashing small winnings out every now and then to keep your bankroll up.

In theory, this sounds like a good idea because you reward yourself with small payouts, which makes you feel better about playing online slots. Unfortunately, these small winnings are not life-changing sums of money, and by cashing money out, you are lowering your bankroll. So instead of cashing small winnings out, a better idea is to keep playing with your small wins in pursuit of slots jackpots.

This strategy has been employed by many successful lottery players over the years as they never hang onto their little wins. Instead, they use small wins to buy more tickets in hopes of winning the jackpot. After all, what is a $5 win going to do for your lifestyle? So rather than cashing the $5 out, you can use the money to go for big sums of money!

To illustrate this plan in action, let's say that you start the day with a $100 slots bankroll, and you increase it to $120 by the end of the day. Now instead of taking $20 out to reward yourself, a better idea would be to take that $20 and play for a progressive slots jackpot. Even if the spins cost $1 each, that's 20 chances at an amount of money that could help you buy a house, car, new clothes, etc.

Looking at things from a broader perspective, it's highly unlikely that you play slots in hopes of coming out ahead $20 by the end of the day. In contrast, you are probably hoping to get rich by hitting a huge jackpot. And since online slots is a negative expectation game for the average player anyways, you might as well take all of your small winnings and focus them on jackpots. Besides giving yourself the chance to play for major money, you'll also get an adrenaline rush from doing so.