Maximizing the help banners give you?

ScottySR

Terrarian
Some time ago I started playing on master mode, and since banners seem to be a huge help compared to other difficulties, it made me think what is the best way of taking full advantage of the banners? Of course banners from event enemies can be placed near a town to make the event enemies easier.

The banners for other enemies (e.g. underground enemies) are a different thing. Considering that you rarely stay in same area for long underground, it would make the banners of those enemies less useful since their effects are limited to a very small area.

How do you typically place the banners to maximize the help they can provide? If there even are any ways to do so.
 
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