Archive for November, 2011
As you play more and more games of pokies and online slots you’ll quickly start to find that although you’re coming up with a budget it is never as accurate as you’d like it to be.
For example, you might figure that since you want to play slots or online pokies games for about an hour, that would be about 300 spins (60 minutes at a rate of 5 spins per minute). So if each spin is costing you $1, then that is $300 – which is a tidy sum.
As a result you may figure that you need to downgrade to another game, maybe one that allows you to pay $0.50 per spin, which works out to $150 instead, or one that allows you to pay $0.25 per spin which works out to $75.
What you’ll find when you actually do play however is that with such a budget you’re likely to be able to afford to play more than an hour of pokies or online slots on these lower denominations.
This is because as much as you might lose here and there, you’re bound to win as well – and if you’re using those winnings as part of your balance to play then your balance won’t be going down!
With this in mind, many players end up actually factoring the payout percentage into their budget so that they come up with more realistic figures for how much they’ll need to afford to be able to play certain games of slots or online pokies.
So let’s say you’re back to the $1 machine that costs $300 per hour to play. Assuming it has a 95% payout percentage that basically means that out of that $300 you can expect to lose about $15.
Granted this isn’t going to actually happen and sometimes you may even find yourself losing much more than that – but it will give you an idea of how much you should end up with after that hour, which would be roughly about $285.
Considering that, it should become clear that even with a budget of about $150 you might actually be able to stretch it enough that you’re able to afford playing a full hour of pokies and online slots on a $1 game.
Bear in mind that over-reliance on this method may not be a good thing. This sort of budgeting can be dangerous because it assumes that things will average out – and there will be times that they don’t.
Still, if you want to get a more accurate picture of how your budget is going to pan out then it is worth looking at the payout percentage of that game of pokies or online slots as well!