When to Walk Away from a Slot Machine?

Gambling is a time-honored tradition. Ever since the oldest human civilization, people have been engaging in various games of chance. This practice has endured over the years, and today remains a hugely popular pastime for people from all over the world.

In the late 1800s, the first slot machine was introduced to the public in a New York City bar. The success of the machine made slot machines in high demand. And their popularity endures to this day. In most land-based casinos you will often find slots in the hundreds, or even thousands. And online casinos will often feature thousands of different jackpot slots in their library.

Often times, even in the big-named casinos where you can find thousands of slots, most of them will be taken. After all, slots are the most popular casino games around the globe. They are easy to understand, require no skill to play, and any win or loss is based around luck. However, every gambler knows that knowing when to walk is just as important as knowing when to go all in.

Now, with the emergence of online casinos, it is more important than ever to know exactly when to walk away from a slot machine. Gambling websites have made gambling a lot easier and in many cases more fun. Thanks to the fact that most online casinos accept visa debit cards, most people already have the tools to open an account and play the games that they love. This accessibility, however, also comes with the downside that slots will always be available to you. Meaning, it is more important than ever to know when to walk away.

When to Walk Away?

As the online casino industry (or the iGaming industry as it is known) grows in popularity, many more countries are becoming open to the idea of legalizing slot casinos. This means that, in 2022, slot machines have become a lot more popular than ever before. As it turns out, more and more people are interested in online and live gambling. So, it is of utmost importance that newcomers to the hobby know exactly when they should walk away. While our points are focused on slot machines, they can also be applied to pretty much any gambling game.

Losing Streaks are a Sign

The first sign that you should walk away from a slot machine is a long losing streak. What makes people come back to slot machines is the progressive jackpot. For those who don’t know, a progressive jackpot is a type of jackpot that grows bigger every time you don’t win the game. So, obviously, this will get more people to return after a loss. However, not all slot machines are progressive jackpot slots, and even when it comes to progressive jackpots, it is still not a very good idea to stick to a game when you are losing. After all, if you lose more cash than you get, the game isn’t really worth it. And speaking of losing money…

Stop When the Bankroll is Low

Most gamblers will tell you that the best way to play these games is to set apart a certain amount for each time you want to play. This amount is referred to as a bankroll. And it is usually a good idea to walk away from a game when your bankroll is running low. Let’s take a hypothetical number. Let’s say your bankroll is $1000. Now, let us say you’ve been trying to get that coveted jackpot for a good chunk of time. Your bankroll has dropped to $200 now. At this point, maybe the game is no longer worth it. Remember Kenny Rogers’ words in the Gambler, “You got to know when to walk away, and know when to run”. And the time to walk away is definitely when your cash is starting to run low.

Do Not Go Broke!

Let’s say you don’t want to stop when your bankroll is running low. You’ve set aside an amount that you are ready to lose, and the risk, in your mind, is worth the possible reward. That is all well and good. However, be careful of this sort of mentality. Going back to the hypothetical $1000 bankroll, let’s say you have deposited it all on the slot, and the slot has not paid out a cent. The temptation will always be there to dip into other funds for “just one last spin”. This sort of thought must be pushed to the side. If you’ve run out of your gambling fund, the time to walk away has come. After all, you can always come back to the casino with a new bankroll.

After a Win!

Lastly, always walk away after a big win. Especially when playing slots. Slot machines are not known to pay out jackpots frequently. So, when you get a big win when playing slots that is a sign that Lady Luck has given you a gift. But, as the old saying goes, don’t look the gift horse in the mouth. Collect your earnings and walk away. You’ve proved lucky once, but that doesn’t mean the luck streak will continue.

Final Thoughts

The gambling industry is experiencing a steady rise in 2022. This means that more gamblers are popping up with each passing day. So, we hope that all the new gamblers that have come into the industry at this stage can find some words of wisdom in this article. Hopefully, you can apply these advices to your own gambling, for a safer and better experience in the casino.

This article was written in collaboration with online slot experts.