There are plenty of people who wouldn’t dream of heading to their local casino with anything less than 100 bucks. Particularly in this day in age, you’d be lucky if that even covers your cab fare and drinks tab! But the good news is people have managed to hit the jackpot playing off far less at casinos, and they’ve done it without having to forfeit half of it on meals, cocktails, and staff tips.
If you’re an online gambler, $20 could be all that you need to hit a half-decent payout and enjoy a few good hours of entertainment at the casino. After all, gambling doesn’t always have to be about landing the million-dollar prize, and sometimes the real thrill and excitement come from the simple act of playing your favorite games.
While online slots rely solely on luck, table games like blackjack or video poker are games that you can influence through careful, calculated decisions. So, let’s take a look at how you can increase your chances of winning both types of online casino games by only spending $20.
Games of Chance vs. Strategy Games
The minimum bet required to play table games at land-based casinos is around $10, which means you’re very limited to what games you can play. If you do decide to go for it anyway, you’re unlikely to last 5 minutes in these establishments.
If you’re playing online, at a mobile or live casino, however, you can usually play these games for as little as $1 per round. This gives you 20 shots at landing a win, and if you’re planning to play a game like blackjack, you can expect to win 1 in 20 hands, on average.
Video poker is also a strategy-based game that requires a bit of knowledge about hand rankings and what moves to make. Online versions of this game also give you the chance to score a win from a small wager. Most video poker games and video poker variants can be played for as little as $0.25 per hand, which gives you 80 rounds if you only have $20 in your bankroll!
Slot machines are the games you’re least likely to win with on $20, or any wager for that matter. That’s because your chances of hitting the jackpot are about 50 million to 1 in these games. However, you still have the chance to win smaller payouts in these games, and in some slots, you only need a minimum of 2 or 3 matching symbols to trigger a reward.
It’s also worth remembering that many slot games award free spins when you hit certain combinations of symbols, which give you a handful of extra chances to win some money.
Apply a Strategy
Strategy-based games may give you better odds than games of chance, but using an optimal strategy is the best way to maximize your chances of winning any game. We’re not just talking about whether you should hit or stand either - a solid strategy will include things like studying the rules of any casino games you want to bet on, managing your bankroll and betting amounts, and being smart when it comes to using casino bonuses.
An ideal strategy for playing with only $20 in your bankroll is one that clearly answers the following questions:
- What games are you going to wager on?
- How much are you going to wager per round/hand/spin?
- What playing strategy or system are you going to use?
If you can clarify these points, you’re much more likely to see returns on your bets because you’re going to choose the game and the amounts wisely. Even if you’ve got $5 to play with, the odds of winning are much higher for someone who uses a strategy to gamble than someone who doesn’t think about these factors.
Utilizing Casino Bonuses
You won’t be offered a casino bonus at a land-based casino, but you might be if you’re an online player. We say “might” because most bonuses are subject to a minimum deposit of $30, but it’s not unheard of for gambling sites to require less. Even if you can’t redeem a bonus with $20, what you may be able to find instead is a no deposit bonus. If you can get your hands on one of these deals, you’ll be laughing!
What’s important to remember is that online casino bonuses, even ones that don’t require a deposit, are still attached to some kind of terms and conditions – normally a wagering requirement. This means that even if a bonus helps you to land a win, you may need to wager the bonus money amount before you can withdraw. If there is no wagering requirement, fantastic. However, there may be other terms like a maximum withdrawal limit. To avoid any nasty surprises, always be sure to check the terms and conditions for any bonus you plan to use.
The Odds of Winning at the Casino with $20
The odds might not be in your favor if you’ve only got $20 to spend at a casino, but the same can be said for having $20,000 in your bankroll. It all comes down to how you manage your money, what games you choose to play, and what steps you take to protect yourself against losses.
Some people have lost their entire life savings because they foolishly bet it all on a single spin of the roulette wheel. Others have managed to win millions of dollars on a slot machine after spending less than 5 bucks – it’s just as possible as it is impossible at the end of the day.
If you want the best chance to win with $20 at the casino, our advice is to either make one $20 even-money bet on a game like roulette or on a highly player-favorable wager like the banker bet in baccarat. If you’re lucky enough to win, just take your money and leave if you break even. If you want to continue playing, set aside $20 and play with whatever you’ve got left. That way, even if you do lose all your profits, you’re still no worse off than before you started.
Of course, if you don’t win at all, you won’t be able to play anymore. But you’re still just as likely to run out of money and leave empty-handed if you place smaller wagers on a game with only $20 as your budget, so either way, it’s going to be a win-win or a lose-lose situation.