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How to Cut Your Losses at Online Slots

Cutting Your Losses at Online Slots

Added: August 15, 2013

It is completely understandable that for many players it can be very difficult to take this step while playing online slots. The reason for this is pretty obvious, when you are having fun you never want the fun to stop, and it is easy to forget that some bucks are in the line. After all, it is true that money becomes secondary when you feel happy and have fun. Today, we will discuss why it is key that you decide to cut your losses so you can profit more in the long run.

The scenario? You are down $50 but the animations on the slot keep making you laugh, and watching the reels spin doesn't get old. All of a sudden you realize that it has been 2 hours since you were down $50 and now you are down $120 because you didn't manage to hit that jackpot. The problem? Well, there are many problems because you may drain your bankroll without intending to, and in the long run it can cause you to lose a lot of money. The reason it is called "cutting" losses is because it can be painful, but not more than seeing your bankroll at $0 without you realizing how it happened.

Any good warrior knows that sometimes cutting is necessary if you want to walk away, no matter how bad the limp. Luckily, this isn't war and you don't have to use a knife to cut your hand off, but you get the idea. Keep control of what goes out, at what rate, and how much you can afford to lose. Don't chase losses, it will cost you so much more in the long run, and those extra clicks on the "Spin" button will not seem worth it then.

You might get lucky once or twice by chasing losses, you can get even, or somehow hit a big jackpot in the next few spins. We won't deny the possibility of that happening because this is a game of chance, but successful and rich gamblers know that the odds are in their favor more often when they cut losses. We know, nobody wants to stop playing, but if you stick to a semi steady budget, then you won't lose control of your gaming and will be able to have fun for longer period of times with better returns.