How Much Money Do You Need to Play Online Slots Every Day?

By in Slots on
7 Minute Read
How Much Money to Play Slots Daily

Most online slots players don’t pay attention to the exact amount of time they spend on the reels each day. Instead, they just go by feel or when their bankroll is running low.

On some days, a gambler may play slots for hours. Other times, they might only spin the reels for 15 minutes or less.

Therefore, averaging one hour per day with online slots is pretty good. But how can a slots player figure out how to last for one hour each day?

The following guide discusses what factors to consider when coming up with a bankroll plan. It also provides examples on calculating how to last one hour on average daily.

Factors to Consider

Multiple aspects go into determining how long you can play mobile slots. You should consider each of the following before launching into the math.

Your Average Stake

You may not know your exact average bet during a slots session. This is especially true if you frequently switch stake sizes. However, you probably have a good idea on your average wager.

For example, your stake might range from $0.20 to $1 per spin. In this case, you could guess that your average bet size would be around $0.60.

The RTP

Much like stake sizes, the return to player (RTP) varies from game to game. Unless you’re playing the same slot again and again, you won’t know the average payback for every game you play.

Most modern slots, though, average around 96% RTP. Assuming you choose games released within the last few years, you’ll play many slots that feature around this payout percentage.

When looking for a more accurate average, you could check out payout percentages for the last five slots you’ve played. You can then average these figures and come up with an RTP figure.

Play Rate

How fast do you play real money online slots? The answer varies based on the game and how many breaks you take during sessions.

Assuming a game has lots of animations and features, it might only see you play around 500 spins an hour. In contrast, a slot with fewer animations and bonuses could see you play up to 600+ spins per hour.

Play rate is another aspect where you might struggle to come up with a figure. On average, though, you’ll probably play around 500 to 550 spins each hour. Most games these days have plenty of features, which slow up the action.

Of course, you could always keep track of how many spins you make in an hour. By doing this for several hours, you can come up with an average play rate.

Your Bankroll

Your bankroll goes a long way to determining how long you can play. With that said, you want to figure out the exact size of your bankroll.

You may simply consider your bankroll to be whatever money you deposit at an online casino. If you have $100 sitting at a mobile casino, then this is your bankroll.

Gambling Money

When trying to ensure that you can play for at least one hour a day, though, you’ll want a more refined plan. This plan could include adding more money to your bankroll over time to last an hour each day.

For instance, you might go through your monthly finances and determine that you can afford to risk $300 on slots every month. You’d then reload your account with $300 after every 30 days.

Run the Numbers

Upon coming up with figures for the aspects covered above, you can begin performing calculations. Following the theme of this discussion, you want to determine what variables are needed to play for one hour each day.

The truth is that you may need to run the number several times. Once you have an example, though, you can plug in different numbers.

Here are a few examples of using different variables to determine how long you can play for:

Example #1

  • Your average stake is $1.
  • Your play rate is 550 spins per hour.
  • 550 x 1 = $550 wagered per hour
  • You play slots with 96.5% RTP on average.
  • 550 x 0.965 = $530.75 in winnings per hour
  • 550 – 530.75 = $19.25 in losses per hour
  • Your bankroll is worth $500.
  • 500 / 19.25 = 25.97
  • You’ll theoretically be able to play one hour per day for 25.97 days.

Example #2

  • Your average stake is $0.50.
  • Your play rate is 550 spins per hour.
  • 550 x 0.5 = $275 wagered per hour
  • You play slots with 96.5% RTP on average.
  • 275 x 0.965 = $265.38 in winnings per hour
  • 275 – 265.38 = $9.62 in losses per hour
  • Your bankroll is worth $300.
  • 300 / 9.62 = 31.19
  • You’ll theoretically be able to play one hour per day for 31.19 days.

Example #3

  • Your average stake is $0.25.
  • Your play rate is 600 spins per hour.
  • 600 x 0.25 = $150 wagered per hour
  • You play slots with 96.0% RTP on average.
  • 150 x 0.96 = $144 in winnings per hour
  • 150 – 144 = $6 in losses per hour
  • Your bankroll is worth $100.
  • 100 / 6 = 16.67
  • You’ll theoretically be able to play 1 hour per day for 16.67 days.

Everything Is Theoretical

Calculations on the required variables for playing for an hour every day are very helpful. They provide a rough guideline on how much playing time you can realistically expect.

The key thing to remember, though, is that all calculations are theoretical. The volatility of online slots ensures that the numbers never work out perfectly.

Slots differ in terms of volatility. Some games carry medium ratings of 5/10, while others feature brutal ratings of 10/10.

Any game within the latter range is going to put your bankroll through more ups and downs. Therefore, your math is less likely to work out as neatly with these slots.

Even still, these calculations are worthwhile when trying to get an idea on how long you can play slots. They become more accurate when spread out over a longer time period.

When only trying to play one hour per day for one week, your math will be more affected by the volatility. Spread this time out to two months or more, though, and your calculations will almost assuredly be more accurate.

You’ll Likely Need to Reload Your Slots Bankroll

Hopefully, you’ll win profits through online slots. In the end, though, slots are negative-expectation games that favor the house. A game with 96% RTP, for example, provides the casino with a 4% advantage.

Odds are that you’ll have to reload your bankroll at some point. With that said, you should consider a plan that lets you replenish your bankroll every so often.

The point of this discussion involves figuring out how you can play for an hour a day. But how many days do you expect to last at this rate?

Online Slots

If you hope to last for 30 days, then you should figure out how much money you’ll need to survive this long. Assuming you’d like to play for 60 days before reloading, you’ll need to work the math out accordingly.

You can plug in different stakes until finding the one that works best for you. Here are examples on how to find the bet size that helps you play for 30 days (1 hour daily):

Attempt #1

  • You begin with a $2 stake size.
  • Your play rate is 500 spins per hour.
  • 500 x 2 = $1,000 wagered per hour
  • You play slots with 96.0% RTP on average.
  • 1,000 x 0.96 = $960 in winnings per hour
  • 1,000 – 960 = $40 in losses per hour
  • Your bankroll is worth $200.
  • 200 / 40 = 5
  • You’ll theoretically only be able to play for 5 days at 1 hour per day before reloading.

Attempt #2

  • You switch to a $0.50 stake size.
  • 500 x 0.5 = $250 wagered per hour
  • 250 x 0.96 = $240 in winnings per hour
  • 250 – 240 = $10 in losses per hour
  • 200 / 10 = 20
  • You’ll theoretically only be able to play for 20 days at 1 hour per day before reloading.

Attempt #3

  • You switch to a $0.25 stake size.
  • 500 x 0.25 = $125 wagered per hour
  • 125 x 0.96 = $120 in winnings per hour
  • 125 – 120 = $5 in losses per hour
  • 200 / 5 = 20
  • You theoretically can play for 40 days at 1 hour per day before reloading.

As can be seen, the $0.25 stake size allows you to theoretically last for over a month.

Slots Bonuses and Comps Will Help Your Bottom Line

When performing calculations, you shouldn’t forget to include bonuses and comps. After all, many online casinos offer these rewards.

With a deposit bonus, an online casino matches your deposit up to a certain amount. For example, a gaming site might offer a 100% match bonus worth up to $500.

Online casino rewards programs typically start off with a 0.1% cashback rate. This rate can increase as you move up in the program. For the purposes of this post, though, I’ll stick with the 0.1% rate.

Here’s an example on how long you can play when considering a bonus and cashback:

  • Your average stake is $1.
  • Your play rate is 600 spins per hour.
  • 600 x 1 = $600 wagered per hour
  • You play slots with 96.0% RTP on average.
  • 600 x 0.96 = $576 in winnings per hour
  • 600 x 0.001 = 0.60
  • $576.60 in winnings and comps per hour.
  • 600 – 576.60 = $23.40 in losses per hour
  • Your bankroll is worth $400.
  • You receive a $100 bonus.
  • Your bankroll is now worth $500.
  • 500 / 23.40 = 21.37
  • You’ll theoretically be able to play 1 hour per day for 23.40 days.

Conclusion

The math gets a little complicated when determining what’s needed for you to play one hour each day. Bonuses and rewards only further complicate this matter.

Luckily, though, you don’t need to start from scratch. Instead, you can simply use the examples provided here. All you’ll need to do is plug in your specific variables.

Perhaps you’re only looking to play for half an hour each day. In this case, you just need to modify the math a little:

  • Your average stake is $1.
  • Your play rate is 500 spins per hour.
  • 500 x 1 = $500 wagered per hour
  • You play slots with 96.0% RTP on average.
  • 500 x 0.96 = $480 in winnings per hour
  • 500 – 480 = $20 in losses per hour
  • Your bankroll is worth $200.
  • (200 / 20) / 0.5 = 20
  • You’ll theoretically be able to play 1 hour per day for 20 days.

Again, you can rely on the examples provided throughout this post for theoretical calculations how long you can play online slots each day.

Michael Stevens

Michael Stevens has been researching and writing topics involving the gambling industry for well over a decade now and is considered an expert on all things casino and sports betting. Michael has been writing for GamblingSites.org since early 2016. ...

View all posts by Michael Stevens
Email the author at: [email protected]