Friday 13 November 2009

My top 5 online pokies tips:

5 Strategies to save money playing online pokies

Statistics prove that you will loose money in the long run plating online pokies. That is fact, and if you can’t get your head around that then by all means continue to play online pokies to your hearts content and bury yourself in your deluded world. Most online pokies have a pay out percentage of between 96% to 98%. For the less educated amongst you, that means that for every dollar you put into an online pokie, you are on average in the long term only going to get 96 to 98 cents back.

Now, we aren’t saying don’t play online pokies. By all means play them but be aware that in the long run you are likely to be a looser. Here are 5 techniques to ensure your online pokies losses are kept to a minimum.

1. Don’t spend too much time playing progressives.

Progressive online pokies are extremely popular amongst players, primarily for the reason that you can potentially win a jackpot in the hundreds, of not millions of dollars. However, the odds on landing one of these huge jackpots in miniscule, and the stake levels with these games can often be as high as a dollar a spin. By all means play progressive online pokies, but try and limit the amount of time that you spend playing them, and target the lower denomination $0.25 cent machines.

2. Play online pokies with the highest pay out percentage

Depending on the casino you are playing at, online pokies have different pay out percentages. Ensure you check the average pay out percentage before playing. Any reputable site will publish these statistics monthly on their website. In many cases they will indicate that they have been audited by a third party (often some form of global blue chip accounting company). If you come across online pokies that are paying on average below 96% then find somewhere else to play. It’s as simple as that but you would be surprised at how many online pokies players continue to play at sites where the odds are stacked against them.

3. Match your budget to the machine

Make sure that you match the online pokies machine you are playing to your budget. Where possible play the lowest denomination machine you can find. The facts prove that if you are playing online pokies you are likely to loose less money playing a lower denomination machine. On average a player playing a $0.05 online pokies machine loses $17.50 hour, while a $1 machine is likely to loose you $35 hour.

4. Don’t believe the hype

Players who regularly play and loose at online pokies often regurgitate well known myths with vocabulary that includes terms like loose machines as well as hot and cold games. You need to get your head around the fact that these are simply online pokies myths. There is no such thing as a loose machine and the sooner you realise the sooner you will keep chasing losses.

5. Know when to stop

When you start your online pokies session, ensure you have a budget set in your mind. When you have blown this budget simply end your session and walk away. This is easier said than done, but the process will be easier if you make this a conscious decision before you start your online pokies session.