New Gambling Sites: How To Choose a new site and how to manage your bank roll
Hey all! We feel that we do give a lot of advice on how to go about choosing some brand spanking new gambling sites 2018, but we don't always go into the other aspects that will help you have the best online gambling experience!
We are talking bout safety and also whats really important when gambling online: bank roll management! After all, strategy does play an important part and so so being wise with your funds!
So if you want to get some handy tips on how to manage your money that you put it be it betting sites, poker sites, slots sites et all, then make sure you keep on reading what we have to say and also our tips tat we have gathered over the past few years since we started out, gambling online!
What is your gambling bank roll?
We have talked about this elsewhere on our website, probably in a lot more depth than this. To put it simply; your bank roll is the amount of money that you can afford to lose should you gamble online. So, basically, you should never be playing with money that you have set aside for your bills and the like. If you are, you have a problem.
When we are planning our bank roll, we take it out of our entertainment budget. It is entertainment, after all. Sure, we are likely to be disappointed if we lose the money that we are depositing into our account. Nobody likes to lose money. However, it is not going to impact our life at all if we do lose out.
Your bank roll could be any amount. Some people drop a couple of quid into their online account each month. Others drop thousands of pounds (yes, seriously!). Just, as long as you can afford it and you are happy to lose that amount. It is rare that you will loser all of it, but still.
Your bank roll is important as it will have an impact on:
- The type of slot machine that you are playing on
- Your betting strategy
The Type of Slot Machine you are playing
If you browse through slot machine reviews, then it is likely that you will see plenty of information about the slot machine. The technical information. For determining where to play with your cash, you are looking for two pies of information (well, three, in theory):- The minimum and maximum bet on the slot machine
- The volatility of the slot (more on this soon)
- The house edge (sort-of)
You get 50 spins and that is the end of your fun (assuming you do not win anything). For a bank roll of that size, you are looking for a slot which offers somewhere between 10 and 20p per spin. Much better for your bank roll.
The house edge dictates how much is returned to the player (you will probably see this referred to as RTP). It is not a major deciding factor, but you should still bear it in mind.
The volatility of the slot is how often your wins are going to pop up and how big they are going to be. We will be discussing that in the next section as this will influence your playing strategy.
Slots Playing Strategy
If you have a high volatility slot machine, then that means that the wins are not going to come through that frequently. HOWEVER, when they do pop up, they are going to be big wins. And that's what really gets most slots players thrilled.
Usually, it's quite common for somebody to go through 20-30 spins on a high volatility slot without seeing a win, but alas, when they do come in, they are quite notable wins, so that (as far as we see it - you might be different) is a much better feeling that those wins where you will see pennies. But every ones idea of big wins are different, and that's what makes gambling online so good - you have bungles of choice for all types of player, from high roller to casual!
But looking further, as this is important: High volatility means that you're probably do not want to be gambling massive amounts per spin if this is the case because.... there's a chance that you could blow through your bank roll before you see any cash land in your pocket.
And whats more, and rather important, especially to the newer players reading: You certainly do not want to be gambling on a high volatility slot if you have a smaller bank roll.
If you opt for a medium to low volatility slot, you could probably afford to take more risks with your money. A couple of larger bets here and there.
The wins should come in frequently enough. If you feel like giving some casino games and slots a whirl, either for free or for real money, then you will find some of the best uk casino sites here.
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