How Big Should Your Bankroll Be?

June 15, 2012

If you are serious about playing online slots with the best chance possible of winning, then you are going to need to operate some form of bankroll management. Bankroll management is designed to ensure that you always have funds to play, regardless of how much you lose. The key to good bankroll management is knowing how much you should have on hand to cover a number of spins at a set rate. For example, let’s imagine you wanted to be able to make 100 spins, at $1 a spin, you would need to make sure your bankroll could cover this at all times, even if you lost all 100 spins. Poker players insist that you should have ten times your wagering money as your bankroll, and this is a sensible option for people playing online slots also, so you would need a bankroll of $1,000 in this case. The reason for maintaining such a large bankroll for wagering such a small amount is to ensure that you have enough cash on hand to recover form an extended losing streak.

It may sound like you need an awful lot of cash to start a decent bankroll, but consider the welcome bonuses and deposit bonuses which online casino operators make available. Let’s do a little math here. The average welcome bonus is around 200%. So let’s hypothetically deposit $200 to play video slots. The welcome bonus offered by the online casino turns this into $600. Now let’s deposit another $200 and we will receive a 100% deposit bonus, which makes it $400. So we now have a total of $1,000 as a bankroll, but we have only actually spent $400 in real cash to achieve this. If you are smart, you can shop around and get even higher welcome bonus and deposit bonus offers from some online casinos. It is also worth checking out free online slot tournament offered by most major online casino operators, these can also be a great way to add some funds to your bankroll for absolutely free.

This has been a very basic introduction to the subject of how much you should have as a safe bankroll when playing online slots. This is an advanced subject, and well worth studying in more depth, it will make your video slots gambling far safer.

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