When the majority of people think of Pay by Mobile Casino slots games online, they imagine lucrative multi-million-pound jackpots like the ones Mega Moolah gives out. Hitting the jackpot can make winners’ dreams come true, so it can be thought of as strange when people only make tiny bets on slots machines.
After all, the smaller your bet, the chances of winning a lucrative prize are almost non-existent. Although it’s true that some gamblers just aren’t interested in the big bucks on offer, is it true that betting small amounts can be a genuine tactic to win some money?
Does wagering larger amounts lead to bigger wins?
How do you ever know what the correct amount to wager is? Is it simply what you can afford from your bankroll each time? Each person will have to manage his or her bankroll differently as we all have our own personal financial situations.
Nevertheless, many people think that the strategy to follow if you want big wins is to wager the maximum bet with every spin.
If you’re betting small amounts and a slot pays out 10,000 times your winning betting stake, betting just one penny will mean you’ll win £1000, and the chances are not high.
However, if the maximum bet on the same game is £10 and you land the winning combination, you will win £100,000.
This is exactly why many people believe betting larger amounts is more fruitful.
So why do people bet small amounts?
People bet small amounts on slots games because it’s a way of rarely getting into financial problems. Gambling can be addictive and many people overspend, or play to recover losses. It can be a slippery slope to losing large chunks of cash. If you’re just betting tiny amounts here and there though, you massively reduce this risk.
What’s more, if you’re betting small amounts of your bankroll, you’ll be able to play for longer, also getting to play on more slot games available. The consequence of this is that you’re more likely to find a game that suits you in order to start betting higher amounts.
However, the other side of the coin is that playing the lowest number of pay-lines per spin significantly reduces your chances of a win on each spin.
What’s more, the winnings tend to be in direct relation to the amount you bet. Therefore, the smaller your bet, the smaller your prize, if you win at all. Many people believe that this removes a lot of the adrenalin buzz from gambling. After all, if there’s no risk, there’s little reward.
The last point to consider is that some slots games have minimum wagering amounts to even access the possibility of winning a jackpot. Betting small amounts will take you out of the picture entirely.
Can you win money making small bets? Yes, you can. The great thing about slots games is that there’s always a chance. However, as long as you bear in mind that any winnings simply won’t be high enough to significantly change your life, this may be the tactic for you.