JeffBet by Matthew Gover |
Date of Publishing: 31 January 2023

5/5 - (4 votes)

Can you make a living from playing slots?

can you make a living from playing slots

While there may be a small number of people who have made a living playing slots, this is a very high-risk strategy and not recommended. 

The most important thing to remember is that all slots are entirely random, and there are zero guarantees of winning, regardless of which slot game you play, the time of the day, or how much money you wager with. 

When you play online slots, there are many different things that you should take into account, which will make you realise that it is virtually impossible to make a living playing them.

Below, we have highlighted different factors that can aid you in your slot-playing experience that veers away from an emphasis on making a living and provides sound advice about how to approach slots

Have a primary source of income

Although playing slots should not be considered an income stream, at least if you have a job, you can set a sensible budget to enjoy the experience. The best thing to do is only wager what you can afford to lose and also make sure that this is focused on what you do for a living. 

Unfortunately, there have been many cases of people who have lost their jobs because they became addicted to online slots, which has led to more severe problems further down the line.

Find a slot that you enjoy

Instead of looking for slot games that pay out the most money, find one that appeals to your interests. 

Many different types of slots available in the industry are based on several themes, which can make a difference in your enjoyment. If you remember to stick to a sensible budget, play a slot that you enjoy and don’t adopt the philosophy of playing to win, this can impact your enjoyment level. 

Understand how slots work

When you form an understanding of how slots work, this helps you to realise how difficult it is to make a living from playing slots.

The odds of winning every time you play slots are virtually non-existent, so having an idea of the technical elements, such as slot volatility and RTP (Return-to-Player), will make you realise this.

Limit your screen time

It is easy to lose yourself in the world of slots because some of them can be very visually addictive. However, keeping track of how long you are playing will ensure that you keep to a budget and can be good for your health.

Do not Borrow Money to Play Slots

Under any circumstances, you should not take out a loan to use it to play slots and try to get a return on it. This is one of the most dangerous things you can do and can lead to severe problems further down the line. 

Do not Reinvest Winnings

Many people who play slots and win often feel that this is the start of a ‘lucky streak’ and think that reinvesting their winnings can improve their chances of winning even more. It is called ‘Gamblers Fallacy’ and can trap you into the illusion that another big win is just around the corner. But, unfortunately, the odds of this happening are very slim.

Use a site where you feel Comfortable

Most people will have their favourite site they like to play at and, as a result, feel comfortable using it. However, everyone differs in taste – some like good offers, and others like a site because of its aesthetics and colour scheme. At the same time, some customers like a website because it has slots from their favourite software provider. 

Set a Deposit Limit

The majority of websites allow you to implement a limit on how much you can deposit daily. Doing this will help you stay within reasonable boundaries and help you to realise that it is dangerous to adopt the philosophy that you can make a living from playing slots. 

What should I do if I feel like I have a problem?

If you have begun to believe that you can make a living playing online slots, the best thing to do is take a break and opt out of every site that you have signed up for. By self-excluding yourself, you will not be able to play for six months and will stop receiving marketing and promotional alerts.

But remember – you cannot realistically make a living playing online slots. 

About the Author

Author: Matthew Gover.

After graduating, Matthew began working as an English teacher abroad, initially in Spain and then Vietnam before finally coming back to the UK to settle. Matthew has always had a love for writing and an even bigger love for the igaming industry... Read More

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