The money you need to play at the online casinos depends on the following factors:
- The game you choose to play
- Whether you play online or at physical casino
- What is the minimum deposit required to play at online casino
- Bonus offers
- Your Budget
Regular visitors to casinos know how much they need to take with them. People that are new to playing the games at an online casino may not be as aware of what they need to enter a casino and to give them the chance to win money that they want. There are many factors that help determine how much money a person needs to deposit into their account when they enter an online casino.
1. The game you choose to play
The money you need to play at the online casino depends on the game you choose to play. Slots cost as low as few cents to $200 or more. Also you just need to know how long you expect to play, how many spins you make per hour, the size of your bets, and the payout percentage of the game you normally play. For example, let’s say that you’re playing a 95% payout percentage game, you perform 500 spins every hour, you make $2 bets and you want to play for 5 hours.
According to the casino guide, the first step in the equation is to figure out how many total spins you’ll be making; taking 500 X 5, you would come up with 2,500 spins. Now that you have this number, your equation would look like this: $2 X 2,500 spins X 0.05 = $250. As you may have guessed, the 0.05 represents 5% of the money that you’ll lose out on with a 95% payout game.
For beginners, the 95% payout percentage only represents the payouts for everyone as a whole – jackpot winners included. Assuming you never won a big jackpot, your total payout percentage might be closer to 90% or less.
Another thing to keep in mind, about money you need to play is that it’s hard to figure out how many spins you make per hour. Most players perform around 8-10 spins a minute, so you can multiply this number by 60 to come up with an hourly estimate. But as mentioned before, it’s not totally accurate.
In short, you want to have a larger bankroll than the figure that you ultimately come up with. To be on the safe side, you should have $350 or more instead of just $250.
On the other hand game like scratch card costs you less than 1 cent to $10 or $20. Table games you only need to bet $1 per hand. Some casinos let you enjoy table games for as little as $0.10 per hand. As for max wagers, you can usually bet up to $500 or $1,000 per round.
2. Online vs physical Casino
The money you need to play at the online casino is less than physical or land based casino. At online casinos there are variety of games that have different betting range. Right from penny slots to progressive jackpots the online casinos are great way to start. It’s true that land-based casinos have exciting environments, but you still have to travel to them that adds to the cost of the experience.
With online gambling, you never have to leave your living room. Pick your smartphone and start playing. You can relax in your own home and still enjoy the fun and excitement of playing casino games. Online casinos generally offer a better Return to Player (RTP) than physical casinos.
3. Minimum Deposits
Most online casinos have minimum deposit amounts. It varies from one casino to another. It can be as low as $5 or as high as $100 or more depending on the casino. Before setting up an account, check the website to find out what the minimum deposit required is. It may depend on the method of payment that is being used along with the rules of the casino.
4. Bonus offers
Online casinos offer lots of free money. Many of the bonuses they offer are in the form of matching deposit bonuses. The casino will match a percentage of the amount that is deposited. The percentage can be 10% or it can be 400%. It depends on the bonus.
Most online casinos will list the bonuses they offer in the promotions page of the website and add value money you need to play. Most of the bonuses have limits on how much they will pay out and this will be listed in the promotion.
The bonuses are typically paid when the money is deposited. It is not real cash, however. It is casino cash. The money that is paid as a bonus can be sued to play the games, but there are restrictions on if or how it can be withdrawn. Make sure to understand all of these rules before taking advantage of the promotions.
5. Your Budget
The biggest factor that should be considered when deciding how much money you need to play at an online casino is to determine how much you can afford to lose. One of the downsides for online casinos is the use of electronic payments. People can easily use a credit card to fund their account, but at some point in time that bill will have to be paid. It is important that a person gambles responsibly and does not risk more than they should.
The games to play
Every game has a different amount that can be wagered. Slots machines can range from penny machines to machines that accept large bets. Even with the penny machines, a player can still bet hundreds of pennies on a single spin of the wheel.
In order to win big jackpots, a player often has to make the maximum bet at a slot machine. Check the rules of each slot machine before playing to determine how much has to be bet on any spin of the wheels.
Table games can also have minimum and maximum bets. For players that are using betting systems, this is important to know because they may reach the maximum and not be able to follow their strategy if they are not careful.
Online casinos are perfect for people who want to bet a small amount or a big amount. It is also possible to play the games for free at many casinos. It is up to each person to decide how much they want to gamble.
Tips to play on your budget
There are several ways where you can make your bankroll last longer to atleast carry on playing slots for few hours at casinos. These tips help you to decide how much money you need to play.
1. Choose the slots wisely
This is the first best way to play slots game where your bankroll sticks longer and the money you need to play. Make sure that the slots games you do decide to play have the highest payout percentages on offer. A slot with a payout percentage of 97.00% or higher is what you should ideally be looking to play, for you will get more winning payouts from those types of slots over the long term than you ever would playing a slot with a lower payout percentage.
2. Get Club player or VIP membership
Many online casinos and land casinos have VIP memberships and club memberships for regular players. Being a member of the casino you are offered special bonus rewards as well as comp points to play slots which add to you bankroll. The more comps that are awarded to you and the lower redemption rates will then see you accumulating more points as you play and will also get more credits from your redeemed comp points too. It doesn’t cost much to become a member as online casinos membership is all free, only you need to be their regular customer.
3. Take advantage of bonus offers
Bonus offers are lucrative offers found at online casino to play slots in real time. As said above these add value to money you need to play. Almost all of the online casinos offer bonuses and promotions. No Deposit bonus offer is which punters should look for. This means you get a free amount of moneylike$5- $20 to play slots without spending a penny from your bankroll. Also many casinos offer free spins on slots games as no deposit bonus which can be taken advantage of. Though no deposit bonus offer is for new players, the existing players can make full use of other bonus offers like reload bonus and match deposits to play slots without spending much from your set budget.
The thing to note is that as each bonus you will find being offered to you that has been structured as a deposit match bonus will come with play through requirements, slot game restrictions in regards to the types of slots you can play and the stakes you can also play for when using bonus credits, you do need to read through those terms and conditions to ensure the bonuses are fair and give you a winning chance.
4. Try playing low cost slots
Another method to make your bankroll stay longer at the casino is to play low cost slots. You can choose either penny slots or join many low cost slots tournaments available at various online casino sites too. This will make you spend less on stakes or bets and save money to keep on playing more. By entering such a tournament you are going to be able to pay a one off entry fee for each slot tournament you enter and then that will see you getting a set number of minutes and a set number of tournament credits to play the tournament slots game with, and you may have the chance of winning one of several cash prizes, dependent on how you do in that slots tournament.
5. Stop playing when you lose or win
This is another best way to stay with your bankroll and the money you need to play. If you win playing a slot game, even if that is small win its best to stop playing and chasing more wins. Similarly when playing slots game if you start to lose, best way is to stop playing and don’t think that you will win and again chase to win. It’s better to try another slots than to keep on playing single slot and losing your bankroll.
Finally with these ways you can make a slots game bankroll last longer and enjoy slots all the more. Also always stick to your bankroll and do not increase your budget to play more.