Online Slot Machines - How High Can You Count?Published June 8, 2013
Arguably the most popular attraction in the casino world has more to it than meets the eye.
Basically, slot machines are random and the hard truth of the matter is that there's no way to guarantee consistent winnings when playing them. Each slot machine has built into it a predetermined payback percentage, the average being around 90%. What this means is that a machine with something approaching a 90% payback percentage rate will return, throughout the lifetime of said slot machine, 90% of the player's money that is invested in it.
What that translates to is that for every $100 spent on a particular slot, you can expect a payback to the player of $90 - the machine makes $10. Multiply that by thousands and you can quickly see how lucrative slots truly can be.
Most slot paybacks occur when the big jackpot combinations are spun. Which points up the fact that there is no consistent way towards regular winnings when it comes to this most popular of casino games, whether it be real life or virtual.
However, for those in the know, there are some things you can do to enhance your chances of winning and it all starts with understanding how slots work.
Tips For Slots
1. Play Higher Denomination Slots
For those of you with the bankroll for it, higher denomination machines tend to have higher payback percentages than do low denomination penny slot machines. If you're looking for a higher payback you'll have better luck trying dollar machines than you will with nickel machines.
2. Avoid Progressive Slots – Penny Wise, Pound Foolish
You should avoid progressive slots if you want to play slots with higher payback percentages. It's true that you aren't going to win millions on one spin at non-progressive slots, but these machines have a much higher payback in the short run. In general, machines with smaller jackpots payout more often.
3. Try Machines in Heavily Trafficked Areas
Casinos realize that the odds are with them, pure and simple. And so they like it when someone wins – it's great for business, it makes everybody happy. For this reason the higher payback machines tend to be located in higher traffic areas such as near aisles, cashiers, and restaurants - where everybody can see it when somebody gets lucky.
4. Knowledge is Power
Read and understand the pay scale. Machines may look alike, but sometimes they aren't – read what's written on it! As they say, "the devil is in the details."
5. Try and Have Fun
That's what it's all about, remember?
6. Take Advantage of Comps
Try to remember that even if you're pumping nickels into your slot you are still a valuable customer. And so you need to take full advantage of all the free stuff you can get (Comps). Complimentary items like food, giveaways, and rooms, given to players as an incentive to play at that casino. You can earn tons of comp points while playing slots, regardless of whether you're winning or losing. Before you start playing slots, make sure you sign up for a player's card with the casino and always use it when you're playing.
7. Practice Responsible Gaming
Just know that when it's time to go, it's time to go. There will always be a next time.