The simple answer to this question is – you have to risk big to win big. However, if you want to win big with highest possible odds, you have to push the volatility of your strategy up to the sky.
Controversially, the most effective way to win big is to try to lose as fast as possible. That doesn’t make sense, does it? Let me explain.
Statistically (in the long run), you lose money with every bet you place. That is how the RTP (return to player) works. To lose less in the long run, you have to minimize the total sum of your bets. To minimize the total sum of your bets, you have to try to lose your budget with as little betting as possible. If you do so and RTP remains the same, the principles of statistics reward you with a better chance for a big win.
Really useful slot strategies are actually about finding the balance among following factors:
- Chance to win
- Size of the winnings
- Playing time
Every player looks for something else, so there is no ideal strategy that fits everyone. There’s a lot of strategies, each suitable for a different kind of players. Finding out which of them fits you best is up to you.
At first glance it seems online slot machines are a 100% game of chance. And they really are, at least in the terms of a single game round. However, that doesn’t mean that you can’t influence your chances by using the right betting strategy and choosing the right game to play.
Although slots are theoretically unbeatable, there were some cases of players able to legally or illegally take advantage of their weaknesses and make money.
Here is a list of factors that define your slots betting strategy:
- How to determine a bet size
- Decision when to stop
- Selection of a slot game
- Decision when to use the gamble feature (red or black)
- Selected number of winlines
You’ll more likely understand how this strategies work when you have already understood the concepts of slots RTP (return to player) and variance. While slot RTP and volatility apply to a single game round, the RTP and volatility of betting strategy apply to the whole game session or casino visit.