The world of online slots is as massive as the online gambling industry itself. There are dozens upon dozens of different games and rewards that you can claim as an online gamer and thousands of games in which you can spend them. That leaves a lot of room for mistakes, though, which is why we’ve compiled a list of the most common mistakes that people make while gambling in online slots.
Thankfully, most of these mistakes are rather easy to avoid. In fact, you probably don’t know that you’re making them and you’ll only find out now that we’ll tell you about them. Don’t worry, though. It’s never too late to learn something new – especially when it’s going to end up saving you money in the long run!
#1 – Thinking You’ll Always Win Money
Arguably the worst mistake that you can make while gambling online, thinking that you’ll always win money at the end of a gambling session will probably end up with you losing all of your cash rather quickly.
In fact, one of those things that we’ve always recommended is to avoid thinking that you’re going to win every single time. On average, the majority of players will always lose money in an online casino. You can become of the lucky ones that walk away with cash, but chances are low of that happening – keep that in mind!
#2 – Picking the Wrong Online Slot to Play
Some online slots might seem like extremely fun, but choosing the wrong online slot is going to cost you dearly on your quest to earn money and win rewards in your favorite slot games.
It is undeniable that slots are the most played games in the iGaming industry, but there’s a good reason why online casinos are promoting them so fiercely – these games are the best for the house. Players that are good at table games have a better chance of overcoming the odds, while skilled slot players don’t really exist as the games depend on the RNG.
If you love online slots and you truly want to play them, the best way to do it is by simply picking slots with good return rates. Find out which online slots have a high RTP and play them.
In general, you’ll want to be playing online slots with an RTP of at least 96%, but you’ll come across some games with RTP rates that go as high as 99%! If you find one of those, you’ll want to play it. You can also check out our list of the most profitable online slots in the world to save yourself the time and trouble of looking for them on your own.
#3 – Letting Yourself Get Carried Away by the Theme
We know that some games are extremely tempting to be played for their theme alone. However, you should always check out the game’s RTP and who the publisher of the game is. This will help you get a better idea of how profitable the game is and how much cash you can expect to get from it.
If you see a branded slot game, for example, you might be tempted to play it thinking that it will pay off a good sum of cash.
However, in most cases, branded online slots tend to pay way less than an average slot game because they lure players into thinking exactly what you’re thinking – that they’re profitable. In reality, these games tend to have RTP rates of 95% and below.
#4 – Playing in the Wrong Online Casino
Playing in the wrong online casino could be just as detrimental for your chances of winning money than playing the wrong online slots. In fact, choosing a bad online casino will probably end up with you losing more money than you would in a single gaming session on an average site.
Not all “wrong” online casinos are illegal, either. Some sites are not good enough to be played by you, as they will only end up losing you all of the money that you have.
You will have to check out the integrity of these online casinos and how they treat their players before committing to spending money on them. One of the best things you can do is check out the ones we’ve listed here, at The Casino Wizard, to ensure that they’re safe choices for you to enjoy.
#5 – Not Using the Bonuses Offered by Online Casinos
The best online casinos in the world offer some of the best bonuses on the planet. Not taking advantage of these bonuses is an easy way to lose your own money quickly and prevent yourself from making a killing in rewards without risking your own cash.
With that said, it’s important for you to know which types of bonuses you can claim and where you’ll be able to spend the bonus cash. Not all online casinos give you the same level of freedom when it comes to spending bonus money, which could result in you losing your cash if you’re unsure of what to do with it.
Some bonuses are meant to give you money that you can play with, while other bonuses might give you cash that you need to “unlock” by placing bets with your own money. It all depends on what you want to do with the cash.
When it comes to online slots, you can find free spin bonuses as well as free money bonuses (usually deposit bonuses and no deposit bonuses), as both of these will allow you to play online slots for free in the best casinos in the world!
#6 – Failing to Make a Proper Budget
If you want to avoid losing all of your money like an outright amateur, you will want to make a budget before you begin playing. Budgeting is the best way for you to avoid any unnecessary losses or a simple way to avoid losing money that you can’t afford to lose.
In fact, a budget will even prevent you from losing the money that you win.
There are various ways in which you can make budgets for playing online slots, but two of the most popular ones are:
- Setting up a maximum sum of money that you will bet when playing online, which means that you will not bet a single penny more or less, regardless of how much money you win or lose
- Setting up an initial budget and adding more cash with each bet that you win. Preferably so, when using this method, you’ll want to add a percentage of your wins to your budget and not the entire sum of each win, otherwise, you’ll end up losing all of your money again
Budgeting is not difficult by any means. It’s one of the things we advise our readers to do when playing online, which is why we’ve written a full guide on how to make a budget to play in online casinos.
#7 – Playing One Type of Slot Game
If you’re a fan of a certain type of slot game, chances are that you often go to it to play it. Be it a single game or the same type of slot, you might be one to avoid variety by all means. This works for some people, but the general rule of thumb when playing slots is for you to move from one game to another as often as possible.
Some people think that this is advised because it “refreshes” the algorithm and the RNG, but that’s not the reason. The reason to do it is entirely mental.
As you spend more and more time playing the same game or games with similar mechanics, you’re far more likely to develop stress after losing. Not only that, but you’ll also get accustomed to the game, which will make you get bored relatively quickly. If you truly want to avoid boredom when playing slots, you might want to avoid playing the same type of game for a consistent period of time.
If someone tells you about “tricking” the RNG by playing different games in small periods of time, don’t believe them. The reasons to play different games are purely mental.
#8 – Not Going Out on a High
If you truly want to win at an online casino, you have to learn when to stop playing. Part of the temptation of slots is that you’ll always want to place another bet when you’re winning, but the fact is that you have to understand that wins are rare and they don’t always occur. If you happen to be at the top when playing slots, the best thing you can do is calling it quits.
If you’re unsure of when or why to stop, just remember that all games have a house edge that makes the casino more likely to keep your money than you are to make a win. If you hit a jackpot win, don’t try to use it to win more cash. You might end up losing it all instead, which would be massively counterproductive.
Learn when to quit and you will be far more likely to win at online slots than other players in the same game that you’re playing!
#9 – Thinking That You’ll Do Well Without Reading the Rules
We know that online slots are easy to play. In fact, that’s the main reason why they are so popular in this modern age of online casino games that are overly complicated in general. However, that doesn’t mean that they are all played the same nor does it mean that you can play them without reading the individual rules for each title.
Some online slots have some variants that make you do things in the game that others don’t. You may miss out on ways that would help you win a ton of cash within the game if you don’t read the rules to properly understand them first.
As things stand, online casino slots are easy to play but they are often embedded with more complex features to keep the game fresh for all players.
Even those games where you don’t have to do anything special, reading the rules will help you understand which combination of symbols will net you better wins.
#10 – Sticking to a Slot Betting System
It is good to be wary of online casino betting systems – even those that stand among the best methods, like betting on roulette, blackjack, or poker. In fact, we’ve spoken about the best ways in which you can spend your money when playing roulette, top blackjack strategies, and even ways to win more consistently at poker.
However, when it comes to online slots, systems are less proven and much more cabalistic. You’d be better off avoiding them altogether
Where to Play Slots?
Now that you know all of the most common mistakes made in the world of online slots, it’s time for you to learn where you can play these games in the best online casinos on the planet. We’ve made a small list of our top choices here – be sure to select the ones that suit you the most and get down to business!