Is there life after a losing streak at real money casino?
Payout percentage is the theoretical amount an online casino game pays back to the player. If an online casino game is set to pay back 98%, it returns 98 dollars for every 100 dollars played. It’s not uncommon, however, that a gambler depletes their entire deposit without having any big wins. What do you do if you hit a losing streak?
Dispersion and how it affects the game outcome
Along with payout percentage, dispersion is a major characteristic of a casino game. It shows the spread of values. Dispersion heavily affects the outcome of online casino games. If your selected game has a high dispersion, you may win a fortune today and lose twice as much tomorrow. If you choose low-dispersion slots, you can wins small amounts pretty often.
When it comes to impressive payout percentages, they only work in the long term. A 95% payback does not mean that you get back 98 cents on each 1-dollar bet you make. If you play a slot machine for months or even years, you will get 98% of what you bet. Playing in the short term is another story. While today you may get back more than 98%, tomorrow you may hit a losing streak.
A payout percentage is the average value, meaning it is different for each casino client and is determined by how much a player bets. As a rule, the more big bets you make, the higher payout percentage you enjoy. The bad news is that this is not always the case.
See also: Roulette rules at online casinos
What should I do?
Anyway, the choice as to whether to continue playing or quit is entirely yours. However, if you have hit a losing streak, the best way to handle the situation is to wait. While today everything seems to go south, tomorrow luck will surely be on your side. So be patient. Patience is crucial to online casino success.
A lengthy losing streak can undermine even a strong spirit, though. Taking a short break from online gambling may be good both for your morale and your bankroll. Give yourself enough time to get rid of negative emotions and “reboot” your brain.
To overcome short-lived losing streaks, you should follow bankroll management rules religiously. Do not bet more than you can afford to lose. Sticking to your stop losses and avoiding big bets can help you overcome losing streaks. Remember that your bet should not exceed 1-2% of your current bankroll amount.