Money Management – Playing the Slots – You Need to Practice It


Simply put, money management is a set of rules and guidelines that keep your risk at a level at which you are comfortable with. It includes the rules you set for yourself every time you play telling you when to stop. Common sense should and must prevail throughout. Good money management starts with planning. Money management takes discipline and planning.

A few points on money management. Remember, that the house always has the edge and that it is always constant. If you think you can beat the house on a consistent basis, then my advice to you is quit before its too late.

They will take everything you have and then some believe it. People think that if they use a certain betting method they can swing the odds in their favor. In the case of playing slots, that way of thinking is ridiculous.

Some will argue with that the concept of Money Management is nothing more then a facade, false ideal. They use the premise that if you play with a defeatist attitude you will always lose in the long run. I personally believe if you set a win loss limit and stick to it you will and can survive. Remember, discipline is the key to managing your money.

One of the toughest things for any slot player is to walk away from a machine that they are winning on. Why, human nature I guess. Paranoida sets in, stupidity, and greed take over.

You may not believe it, but gambling is probably the second most frequented activity in the world. We are continually faced with the opportunity to take a chance on a gamble of one sort or another. It seems that gambling is every where today in one way shape or form.

No way, you may say! Well, think about this…how many people do you know who place a friendly wager on a football, baseball, or basketball game? Or play a little game of poker once a month. We all know people who appear to live just to go out and play bingo or studying the racing form and betting on the horses.

Try to think of a state that does not offer people a chance to scratch and win on a lottery ticket. People bet millions and millions each and every week on some sort of lottery game sponsored by the government, Pick 3, Pick 4, Power Ball, Mega Millions, there are so many.

A win is perceived as easy money that can be duplicated time after time after time, but this is for dreamers. judi slot online Lady Luck becomes their constant companion, friend or foe; they talk to her, curse at her, beg for her help, and even silently pray to her. We are indeed sickos!

Remember, the odds are stacked against all who gamble. The house always wins; even when they lose they win. Why do so many people lose? Because they do not know what they are doing and for the most part don’t care.

People lose because they don’t know how to win. I actually believe they honestly don’t care one way or the other. People determine their minimum losses even before they step foot into a casino or Racino. Sad, but true.

Gamblers are a diversified and varied group.

Mathematically speaking, gambling is an art at which most people must lose. The odds are against all who gamble. This is ensured by the house taking a house edge. Or in the cases of government run gambling, you cannot get the correct odds on any given bet. The amateur gambler’s most notorious downfall is greed. Next comes, stupidity.

Explaining Two Slot Machine Terms


When reading some slot machine reviews, or other types of writing about slots, it’s very easy to get caught up by some of the jargon. judi slot online , like anything else, have their own certain sub-culture and terms that it is very easy for those in the know to use without explanation.

The first you often see is scatter symbols. Scatter symbols can be an important part of slot machine games. They can offer wins in their own right, or help trigger features, or both. The reason they are called scatter symbols is because they don’t have to all be on the same winning line for you to win. They can appear anywhere on the five reels, in any order and still earn you that all important payout.

Substitute symbols are also great news. They will act as wild, in other words, they can represent any other symbol that can make you a winning line on your favourite games. The substitutes will greatly enhance your chance of a win. If you are playing a new slot it’s well worth clicking the help tab, or payout table, so you get to learn the scatter and substitute symbols. It adds to the fun and excitement and may help you find a better slot that pays out more generously.

With slots games becoming increasingly more complicated – some even abandoning the concept of winning lines – it’s only going to become more and more of a challenge to understand the terms beyond tight or loose slots. Make sure you learn to stay ahead of the games!