Another common strategy is to play more often, by playing the slot machine on a regular basis some players believe they will increase their odds of winning. Since keno and bingo are popular games for Class II machines, some players choose to use the same numbers every time, which they believe will increase their odds of winning.

• The technical gambling term for the lines on a slot machine is paylines. There is a reason for that name. What shows up on the lines determines whether or not you win. Today, there are countless slot machines with varying numbers of paylines. Some video slot machines have up to 25.
• High denomination slots have a higher fixed Max Bet than ordinary slots. More so, high denomination slots have higher payouts. Some slot machines pay out better when you play max bet. For example, on some 3-reel slot machines, if you hit a line of the top-paying symbols you might win (for example) 1,000 credits if you are playing a credit per.

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

25 Dollar Slot Machine Jackpot

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!

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

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.

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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!

Simple Dollar Slot Machine

Slots odds are the probabilities of getting a winning combination on the reels. They depend on the type of slot machine you play. Originally the odds were very easy to calculate as the only thing the players had to consider were the number of reels and the symbols used on each of the reels. As a result, the 3-reel slot machines are traditionally believed to be better for player's winning chances, and thus the more reels and symbols on them, the lower a player's advantage.

How to Calculate Odds

The odds of getting any combination on the slot reels are easy to calculate if you know the number of symbols used on each reel. Let's take a closer look at the odds and consider an example:

If you have to make a line of 3 diamonds on one payline to win the jackpot, it is most likely that each reel has only one diamond symbol on it. If the machine is a 3-reel one and there are 20 symbols on the reels, the chances of hitting this combination are:

Possible combinations on the reels: 20 x 20 x 20 = 8000. The odds of getting this combination are 1 in 8000. For a 5-reel slot machine the chances are even less: 20 x 20 x 20 x 20 x 20 = 1/ 3,200,000 (1 in 3,200,000). The slots probabilities are usually shown as a percentage, so for 3-reel and 5-reel slot machine with 20 symbols on each reel we have these probabilities:

However, the number of symbols on the reels can differ from machine to machine, and that is why the slots odds are different. Here we look at some more examples of slot machines containing 3 and 5 reels each with different number of symbols on them - for these examples: 20, 22 and 25.

Slots Payback Percentages

The slots payback or return is the amount of money the slot machine pays out as winnings, against the total number of credits wagered by players. The payback is always shown in percentage.

The main idea behind counting the odds in slot machines lies in understanding how the machine pays out money. Unlike what many people believe, not everything is random in a slot machine. Slots are programmed to pay out a certain percent of the money put in with each play.

For example, one machine may pay back 80% of bets while another one may pay back 91% and even 100%. This means that for every dollar put in the machine the casino takes 9 cents and pays out 91 cents. But it does not do it for every dollar put in, it just pays out explosively and this is what makes the game so great.

You must remember that there are two basic types of slot machines. These are:

• Loose slots are slot machines that are programmed to return 82-98% of the wagered money, or even more if you play slots online. As a rule, high-denomination slots pay out more than those offering, for example, $0.05 or $0.25 bets. For more about typical paybacks on different slot machines please read the strategies page.
• Tight slots are machines that pay out less than 80% and sometimes down to 50% of the wagered money. To avoid playing at these slot machines try not to gamble in motels, airports, bars, gas stations, etc. The payback percentages vary from casino to casino and that is why it may be difficult to find the best machine in the gambling hall.

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As you understand, one of the best slots tips on how to win at slots is always to look for the loose machines. It can be easy if the gambling hall shares this information with the visitors. In any case you can gamble on the Internet as most online casinos provide the statistic data about their slots games. So, when choosing one of the casinos recommended by SlotsDoc.com you can expect such paybacks: