Simmo said:
The key is to cashout when you are ahead. Set a target when you start and when you hit it, go out, read a book, do anything, but just cash out!
This is a common fallacy. What cashing out when you're ahead achieves is to limit losses, because you STOP. Stopping is the key here. You cannot get around the "95 for 100" fact I posted: it's the basic law of slots.
The Basic Law Of Slots comes from the fact that cashing out ahead ignores the other side of the equation, when your balance drops like a stone. You have, of course, no way of knowing when those occasions are on the cards, and as such no possible way of guaranteeing a "cashout when you're ahead".
If you add the two together, the "cashouts ahead" and the "drop like stone", you arrive at $95 back for every $100 invested. You cannot get around that. The problem is that gamblers have selective memories; for many, the losses are just blanked out and never happened. It's only when the serious shit hits the fan that they get a wake up call; then, it may be too late.
Cashing out while ahead has big pluses, but only in terms of LIMITING losses. It cannot turn a loser into a winner.
The way to approach slots is to set yourself a "time / wager" limit. If you're playing $2.50 spins at 12 spins a minute, that's $1800 an hour through the machine, which works out at an average of...errr...$90 loss. If that's too much to handle:
Play slower.
Play for less time.
Switch down a denomination.
Keep switching machines - probably saving at least 10 spins per switch.
Play blackjack for a bit.
That is the only way to properly view your slot time. THEN, you can have all the winner screenshots you want, with a clear idea of where you are in the grand scheme. It takes a lot of the fun out, but it has a huge upside: you know the EXACT cost of your play.
venetian said:
Why don't you start a thread for losses, see how many people are interested in seeing that!
I did:
https://www.casinomeister.com/forums/threads/nightmare-screenshots.5092/?t=5092
Started 18 months after this one. Over 10,000 views - and that including the fact that Bryan started a very similar one a few weeks after...
https://www.casinomeister.com/forums/threads/screen-shots-that-suck.6715/?t=6715
...which grabbed a lot of the interest in that subject.
Winning is great, make no mistake about that - I'm a big advocate of beating casinos. It's when I see posts like the one containing the bit I quoted about seeing lovely screenshots and being tempted to play that I get worried, because this proves my contention: that directly as a result of these threads, people are being tempted into something they know nothing about, and will lose their money big time.
This bothers me.
So forgive my "social conscience".
But of course, you are right, I am sure, I will see it in other aspect if I lose too much. But may be not...
