Remember the movie National Lampoon’s Vegas Vacation, when gambling fever consumes Chevy Chase’s character, Clark W. Griswold? He goes on a losing streak to beat all losing streaks while his son, Rusty, wins four cars by playing the slot machines. Maybe Clark would have done better if he had read Probability For Dummies! In this article, you discover the basic ideas behind slot machines and how they work, so that you can get past the myths and develop a strategy based on sound probability.
Understanding average payout
When casinos advertise that their slot machines pay out an average of 90 percent, the fine print they don’t want you to read says that you lose 10 cents from each dollar you put into the machines in the long term. (In probability terms, this advertisement means that your expected winnings are minus 10 cents on every dollar you spend every time the money goes through the machines.)
Suppose you start with $100 and bet a dollar at a time, for example. After inserting all $100 into the slot, 100 pulls later you’ll end up on average with $90, because you lose 10 percent of your money. If you run the $90 back through the machine, you’ll end up with 90 percent of it back, which is 0.90 x 90 = $81. If you run that amount through in 81 pulls, you’ll have $72.90 afterward (0.90 x 81 = 72.90). If you keep going for 44 rounds, on average, the money will be gone, unless you have the luck of Rusty Griswold!
Choose the lowest denomination possible for the slot machine you want to play. This will allow you to play the slot machine for longer periods of time and can maximize your gaming experience. If you're going with a budget in mind, buy-a-pays and progressive machines aren't your best bet, literally. Stick to multi-line games or multiplier machines.
How many pulls on the machine does your $100 give you at this rate? Each time you have less money to run through the machine, so you have fewer pulls left. If you insert $1 at a time, you can expect 972 total pulls in the long term with these average payouts (that’s the total pulls in 44 rounds). But keep in mind that casinos are designing slot machines to go faster and faster between spins. Some are even doing away with the handles and tokens by using digital readouts on gaming cards that you put into the machines. The faster machines can play up to 25 spins per hour, and 972 spins divided by 25 spins per minute is 38.88 minutes. You don’t have a very long time to enjoy your $100 before it’s gone!
The worst part? Casinos often advertise that their “average payouts” are even as high as 95 percent. But beware: That number applies only to certain machines, and the casinos don’t rush to tell you which ones. You really need to read or ask about the fine print before playing. You can also try to check the information on the machine to see if it lists its payouts. (Don’t expect this information to be front and center.)
Implementing a simple strategy for slots
Advice varies regarding whether you should play nickel, quarter, or dollar slot machines and whether you should max out the number of coins you bet or not (you usually get to choose between one and five coins to bet on a standard slot machine). In this section, you’ll find a few tips for getting the most bang for your buck (or nickel) when playing slot machines.
Basically, when it comes to slot machines, strategy boils down to this: Know the rules, your probability of winning, and the expected payouts; dispel any myths; and quit while you’re ahead. If you win $100, cash out $50 and play with the rest, for example. After you lose a certain amount (determined by you in advance), don’t hesitate to quit. Go to the all-you-can-eat buffet and try your luck with the casino food; odds are it’s pretty good!
Choosing among nickel, quarter, and dollar machines
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The machines that have the higher denominations usually give the best payouts. So, between the nickel and quarter slots, for example, the quarter slots generally give better payouts. However, you run the risk of getting in way over your head in a hurry, so don’t bet more than you can afford to lose. The bottom line: Always choose a level that you have fun playing at and that allows you to play for your full set time limit.
Deciding how many coins to play at a time
When deciding on the number of coins you should play per spin, keep in mind that more is sometimes better. If the slot machine gives you more than two times the payout when you put in two times the number of coins, for example, you should max it out instead of playing single coins because you increase your chances of winning a bigger pot, and the expected value is higher. If the machine just gives you k times the payout for k coins, it doesn’t matter if you use the maximum number of coins. You may as well play one at a time until you can make some money and leave so your money lasts a little longer.
For example, say a quarter machine pays 10 credits for the outcome 777 when you play only a single quarter, but if you play two quarters, it gives you 25 credits for the same outcome. And if you play the maximum number of quarters (say, four), a 777 results in 1,000 credits. You can see that playing four quarters at a time gives you a better chance of winning a bigger pot in the long run (if you win, that is) compared to playing a single quarter at a time for four consecutive tries.
The latest slot machine sweeping the nation is the so-called “penny slot machine.” Although it professes to require only a penny for a spin, you get this rate only if you want to bet one penny at a time. The machines entice you to bet way more than one penny at a time; in fact, on some machines, you can bet more than 1,000 coins (called lines) on each spin — $10 a shot here, folks. Because these machines take any denomination of paper bill, as well as credit cards, your money can go faster on penny machines than on dollar machines because you can quickly lose track of your spendings. Pinching pennies may not be worth it after all!
Have you ever played the top rated online casino games in your crazy mood? If yes, then you must have definitely played a slot machine game for redeemable tickets. If you haven’t then it is high time you do go and play!!! It is an exciting feeling to win something at the slot machine, even if they are tickets and not real money.
But you can play, win and receive real money at a casino. Ok, I know you can’t go as far as Las Vegas, but what if I tell you that you can play on a casino slot machine from the comfort of your home on your mobile, desktop or laptop. With thousands of Slot games online, one doesn’t need to worry about going as far as Las Vegas. You can play slot games by joining any online casino website like SuperCat casino and if you go through Dharamraz you get SuperCat online exclusive bonus that is no-deposit bonus of 60 free spins, wager – x45, to all the newly-registered players in Esqueleto Explosivo, a popular slot game, it is free money guys so take advantage of the no-deposit bonus.
The first mechanical slot machine called The Liberty Bell was devised by Charles Fey in San Francisco, California, the US in 1899, many other slot machines were copied on this model. Due to laws in the US against gambling, slot machines used to give out food prizes like chewing gums instead of money. In 1976, Fortune Coin Co, a Las Vegas-based company developed a video slot machine, which was first installed on trial basis in Las Vegas Hilton Hotel. Since then there have been many modifications to the original slot machine.
• A player puts a coin or cash or ticket into the slot of the machine, and then a lever or button needs to be pushed down, in online casinos you need to simply click on the button and the reel turns or images change.
• The player wins if all the images reveal the winning symbol combination.
• Every slot machine has different winning criteria.
• When the winning combination shows up the player gets back cash or tickets or free spins or extra games, it depends really on what the slot machine offers in return to the winner.
The slot machines generate random sequence numbers or images, hence usually it is not known what combination will come next. It is a game of luck, where the player hopes for the best combination. According to experts, slot machines pay the winning money ranging between 82% to 98% of the wager (bet) amount of the player but vary according to the rules of games.
There are many types of online slot machine games these days and they tend to be popular too. To keep the players interested in online casinos have special bonuses and offers, like the Welcome deposit bonus with free spins, second deposit bonus, etc. to motivate the players to refill their online account.
You can follow the following tips to win in slot machines:
1. Always first go through the rules of the slot game thoroughly, every slot game is different, so knowing what you are getting into is important.
2. Bet lower as opposed to higher bets, since you either lose or win, then why lose a huge amount, instead play safe and bet lower and build up your bankroll.
3. Don’t follow what the demo shows, since slots show random numbers or images, the numbers or images do not line up horizontally, but zig zag.
4. Play on a slot with high RTP or return to a player percentage rate. The higher the RTP, the more returns you are going to get. So an RTP between 93% and 95% is an acceptable RTP, RTP between 95% and 97% is a great RTP, RTP between 97% and 98% is an excellent RTP and RTP higher than 98% is superb RTP. (source: Beating Casino YouTube Channel)
5. When RTP is high on a slot game that means it works only when your stake is high.
6. If any slot machine games are not giving you enough free spins or bonus or you have been losing more than winning, it is time to move away from the game.
7. You need to have a lot of patience while playing slots and don’t worry about your money going down, keep rolling the slot will eventually give you profits.
8. Don’t be greedy and get carried away, that is the key to win money, play smart and not like a gambler.
9. Play simple slots with fewer variables, this will make sure you understand the game and also can predict the combinations after playing for a while.
10. Cash out or withdraw as soon as you win a profit of $25 and more. Keep a minimum balance in the account.
11. Logout of your casino account and then login again, and start with playing on the slots again.
12. Always read genuine reviews of the online casino and the slots you want to play, to know more about bonuses, etc.
13. Play on different slot games, that way you can spread your losses.
14. When you start losing, stop playing the slot game for that day, maybe it is not your lucky day.
15. Slots do not work on trial and error method, but by actually learning about the games in detail.
16. Make sure you look at the wagering requirements, meaning the bonus amount is released after you deposit the wager amount. Example ‘x45’and $100 deposit and you are getting a 100% bonus, so you have a balance of $100 (your deposit) and $100 (bonus amount), you need to wager 45 times i.e., $200*45 = $9000, so you need to wager a total of $9000 to be able to withdraw your winnings.
17. Sometimes you win and sometimes you lose, so make sure it doesn’t get to your head. Stay cool and don’t panic, you have the choice to stop playing.
1. Esqueleto Explosivo has an RTP of 97.6%, SuperCat Casino.
2. Dream Catcher has an RTP of 98%, CK Casino.
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6. Lucky Angler has RTP of 98%-99%, CK Casino
7. Retro Reels – Extreme Heat has an RTP of 97%-98%, SuperCat Casino
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10. Thrones of Persia has an RTP of 98.83%,SuperCat Casino.
Slot games are fun and entertaining and playing sensibly can help you stay on top. Now that you know the tips on how to win on slots, also the most popular games, first go ahead and read expert casino reviews and then go ahead and put in some money, and follow the tips. You are sure to win profits slowly and steadily.
(Sources: Wikipedia, Bitcoin Official YouTube channel, slotguru.net)