Having been a very keen student of games and game theory over the years then I have become all too aware of similarities between different fields. One such similarity is with financial trading and slot machines. This may sound crazy but keep with me here because what I am essentially talking about is money management.
In trading or electronic day trading then traders look to get out of losing trades quickly and the process of doing this is based on the concept of cutting losses. There is an optimal strategy for playing online slots but tilt doesn’t just affect poker players but players in many different sports and games. It is also easy playing slots to allow yourself to become frustrated and this can lead to chasing losses and sub-optimal play.
So we can take a leaf out of professional trading here and look to minimise our losses and maximise our gains. So if you have say a $500 bankroll then you may want to limit your daily loss to $20. If you hate losing more than $20 then have $20 as your stop loss in the same way that traders do. However when you are breaking even or winning money then you are also in a positive frame of mind also!
This allows you to better stick to optimal online slot strategy and play better. So you could have a far bigger upside win than a downside loss in this situation where for example the jackpot or biggest pay out could be $1000.
