It consists in betting small and using the ‘double up’ feature to attempt to turn small initial winnings into a satisfactory win. We found the Smart Gambler strategy to perform the best. Tested strategies yielded much better results than flat bet strategy, i.e., lower average loss and higher chance for a bigger win. Proposed high-volatility strategies were based on playing with smaller bet sizes and increasing the volatility, allowing for a reasonable chance to win big while betting small. We tested high volatility slot strategies in simulations and compared them to the usual way of playing (flat bet strategy).
