New slot machine players are going to find a lot of advice for beating the slots. Have a healthy skepticism when a slots expert tells you they know how to beat the slot machines. Among the games in a casino, video slots (in general) have a high house edge. Besides finding gaming machines with high jackpots and a low house edge, no skill or strategy is required to play slots. That means you can’t expect to increase your odds of winning in most situations.
Read through the advice below to optimize your chances of winning at slots. None of the advice assures winning sessions. Instead, it helps you stretch your bankroll, so you enjoy playing the slots longer. Also, the longer your bankroll lasts, the more chances you’ll have of hitting the big jackpot every slots player wants.
Use a Slots Card
Upon entering a live casino, sign up for a slots card. This provides comps and cashback, which automatically lowers the house edge by a bit. Never play a spin without using your slots card. In an online casino, accept the highest slots bonus and play according to the terms and conditions until you meet the wagering requirement. Once again, this lowers the house edge on online slots.
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Make Max Bets
Look at the payout chart on a slot machine to determine how jackpots are paid. On many slot machines, the 5-coin bet pays out a higher percentage on the top fixed jackpot. For instance, a 1-coin bet might pay $200, a 2-coin bet might pay $400, a 3-coin bet might pay $600, and a 4-coin bet might pay $800. You might expect the 5-coin bet to pay $1000, but many slot machines pay out $1200 or $1500 in that case, trying to convince bettors to make the max bet.
If the jackpot increases a bigger percentage with a maximum coin wager, then it makes sense to make the max bet on a slot machine. If the bet size is too high for your tastes, then lower the coin denomination and make a max bet at that level. Of course, if there is no additional jump between the 4-coin and 5-coin bet, then you can wager a single coin and max out the coin denomination to the bet size you like.
Read the RTP Information
If an online casino or land-based casino publishes its return-to-player information, read through the RTP percentages to find the video slots with the best RTPs. Return-to-player or expected return is the percentage of a theoretical $100 you expect to see returned to you. It is a theoretical percentage based on probability, so an RTP of 95% does not assure you’ll be paid $95 for every $100 you put in the machine. You might lose $50 or you might win $150, or you might win a progressive jackpot and go home rich.
The point of the RTP percentage is to give a player an idea of their expected return. If two slot machines sit next to one another and one has an RTP of 93% and the other an RTP of 95% (and both have similar jackpots), then it pays to play the game with the higher percentage. Over time, this leads to you maintaining a higher percentage of your bankroll.
Money Management Techniques
Read about bankroll management techniques. “Money management” or “bankroll management” is a series of steps you take to lock on winnings when good luck happens and limit your losses when a bad streak occurs. These do not assure that you’ll win, but it optimizes your bankroll.
Players should know three core bankroll management methods: percentage betting, win goals, and loss limits. Learn to calculate your bankroll and divide this into percentages. Then bet between 1% and 5% of your bankroll on any given hand, depending on your capacity for risk. This limits the amount of your stake you lose on any given session, keeping you playing for longer throughout your vacation. It is a given that people go to the ATM machine or credit card when they lose their whole bankroll — which means you spend more than you intended. The point of percentage betting is to assure your bankroll last through your whole trip, so you never have to replenish.
What Is a Bankroll?
Which Slot Machines Win The Most Money
“Bankroll” is not defined as your entire bank account. It isn’t defined as your discretionary spending budget or the money you have earmarked for entertainment expenses. Instead, it is a part of your discretionary spending cash and entertainment budget which is set aside specifically for gambling. In this case, a bankroll is less than your entertainment budget.
Once you have your bankroll figured, divide this into easy to understand percentage. If you have a bankroll of $1000, then divide this into percentages. These are simple calculations, but you should have an understanding of 1%, 2%, 5%, 10%, and 20% of your bankroll. In the earlier example, 1% would be $10, while 2% would be $20. 5% would be $50, 10% would be $100, and 20% would be $200.
Now that you have these, decide whether to bet 1% to 5% of your bankroll. Most experts suggest betting no more than 1% to 2% in order to maintain your bankroll throughout your casino trip or online slots session.
Which Slot Machines Win The Most Money
Setting a Win Goal
Next, set your win goal. This is the amount of winnings you set as your goal for any given slots session. If you have a win goal of 10%, then your win goal would be $100 for any given slot machine sessions. As soon as you hit that goal, you walk away from the slot machine — no matter what. A win goal is a hard-and-fast rule, because it locks in winnings. One of the biggest mistakes players make is losing back their winnings, because they think they’re on a hot streak.
Setting a Loss Limit
Even more dangerous is trying to win back cash you just loss. To protect against this tendency, set a loss limit. Once again, make this your hard-and-fast rule. Typical loss limits can be 5%, 10%, 15%, or 20% — though 20% means you could lose the entire bankroll in 5 slots session. 10% to 15% is a good middle ground. Once you’ve lost that amount, walk away from the slot machine under all circumstances. The slots game is not “due” to pay out, so step away from the machine and clear your mind.
Win goals and loss limits guard against gambler’s fallacy. Gambler’s fallacy is the idea that the law of averages assures or weight the odds in your favor. Slots use random number generators and every spin is entirely separate from the previous spin. Losing the last spin does not make it more likely you’ll win the next spin. The odds stay the same, no matter how many wins or losses in a row you’ve had.
Avoid Progressive Betting
For that reason, avoid progressive betting systems like the Martingale system, D’Alembert system, Fibonacci system, and so on. Betting experts have used computer simulations to track the progressive betting methods against flat betting (same bet each spin). Flat betting beats all of the progressive betting schemes over 1 billion spins.
Progressive betting seems like it’s working, because it leads to a lot of small winning sessions. The problem is that it also has a handful of huge losing sessions which wipe out all the wins — and then some. You can’t beat the house edge with the Martingale system, however it might look to the naked eye. The Fibonacci numbers are incredible, but they are not a magical way to beat the casino.
The reason progressive bets are bad is they increase the size of your bets (in some systems exponentially). If you start with $5 or $10 bets, a streak of bad luck has you betting hundreds of dollars on one spin. That’s busts your bankroll and leads to a “risk of ruin” — meaning you’ll lose your whole bankroll if you hit a bad luck streak. No matter what you read online, flat bets are better.
Take Breaks for Rest and Refreshments
Play when you are at your best physically and mentally. Don’t play when you’re tired or sleepy. Don’t play when you’re hungry or thirsty. Take frequent rest and restroom breaks. If you get bored, take a break and walk the casino. Play another game to change up the betting pattern.
When you are rested and engaged, you won’t have distractions that might lead to bad decisions. The idea is to have fun, so if anything is causing you to lose focus on the entertainment aspect of the game, walk away and save your bankroll.
Don’t Go on Tilt
Tilt is a concept in poker where a player makes decisions based on emotional responses instead of solid strategy. It can cost a player a lot of money if they make bets based on anything but rational decisions. While going on tilt is not a concept in slot machine gambling, every game of chance has a personal component.
In short, don’t play when you’re agitated. Take stock of your inner thoughts. If your ego or anger is causing you to make irrational decisions, take a deep breath and calm down. If that doesn’t work, walk away and clear your head. It stinks to lose a series of bets, but what stinks more is to lose a series of bigger bets when you’re trying to make up for lost bankroll.
- How to Win:Français
FINDING THE BEST SLOT MACHINE
Everyone who has ever played slots for at least five minutes seems to feel that they are qualified to find the best slot machine.
'Best' usually means the 'loosest' slot, meaning that the machine seems to pay out more coins than have been played, at least for a time period.There are as many theories as there are people on how to find this elusive machine.
Some people believe strictly in luck.If they were wearing their lucky hat the last time that they played and won, then they will ascribe their luck to this hat and be sure to wear it every time they play.
Others like to talk to the slot machines while they play.I once played next to an elderly lady who started out telling her machine to 'Be good to Mama, Baby,' followed by an occasional pat on the front of the machine.After about thirty minutes her tune had changed to 'Pay up you tight son of a bitch,' followed by a whack on the machine glass.
Some folks like to test the temperature of the machine before they begin playing.If the machine is warmer than the other machines, then this qualifies the machine as a 'hot' one, suitable for play.
Some people will only insert cold coins into a machine, claiming that if warmer coins are used, the machine tightens up.
Many players believe that slots should be played only at night or on the weekends, or some other variation of timing.
Still others believe that the rhythm used in pulling the handle is the secret.Implementation of this theory includes such variations as the short hard pull and the slow, almost delicate pull.Each has its adherents.
Others use the 'the attendant must know' theory and ask the slot attendant which is the best machine to play.A variation of this is to observe another slot machine when playing and if the machine has not paid a jackpot in a long time, to consider playing the machine as it should be ready to pay.
The location within the casino is also important for many players.Some players claim that aisle machines are the best, while others believe that the loosest slots are hidden in back corners so that they don't get much play.
I wish I could tell you that one of these approaches works.You may consider that I have saved you some money, as each of these approaches have been touted at one time or another in slot publications of dubious value.I recently purchased a slot bookwhich spent several pages describing how hot and cold machines are laid out in a casino based on the author's theory of how casino executives are supposed to think.
I don't have much to say about the 'luck' or clairvoyance theories of slot play.Perhaps some folks got it and some don't.I know that I don't do very well when I rely purely on luck.If luck does work, I have the impression that it is a very personal thing, and I don't have any advice on how you may increase yours vis a vis winning at slot machines.I am going to assume that you are like me and believe that luck comes to those who are prepared, so we will concentrate on becoming more prepared.
The time of day theories are really absurd.Many players believe that the casinos can push a button inside a slot, or jiggle a couple of levers and change the payouts.With the microprocessor controlled slots, the chip itself must be changed to affect the payout percentages.Changing the chip requires the skill of a trained technician and several hours work.It is also an expensive proposition for a casino to be constantly changing its slots.You can rest assured that slot payouts in a particular casino will not change with nightfall or from a weekday to a weekend.
Obviously, talking to the machine or even caressing it, is not likely to have any effect on a computer chip controlled mechanism.Neither is the temperature of the machine (which is probably most affected by the temperature around it) nor the warmth of the coins.Slot machine levers have zero influence on the random number generating chip controlled machines.The machines could just as easily be activated by a button (as are the video slots) or a pull string.The days of handles activating gears which determined the rate of spin of the reels are long gone.
All of these theories may occasionally win some money for their adherents, but consider:Randomly selecting any machine may work just as well.
We are after something a little more definitive.Let's look first at some of the characteristics of the different types of slot machines.
One of the attributes we will look for on any machine is the ability to play from one to as many as five coins without any penalty for playing less than the maximum number of coins.Why?Because we want the flexibility to adjust the size of each wager dependent upon the exact playing conditions we are facing at that exact moment.
This condition knocks out of contention any single coin slot machines.With a single coin slot, the only option we have is to insert a coin and pull the lever.It is a win or lose proposition, with no alternatives other than changing machines.To have the best chance of winning, we will demand the flexibility to vary the number of coins based on each individual machine's attributes.
With this one condition, we will rule out play on any of the single coin mechanical machines.This restriction is not too severe, as these machines can only be found in a few downtown casinos in Las Vegas, and scattered about other Nevada sites.
By requiring that no penalty be imposed for playing with less than the maximum number of coins accepted by a particular machine, we will also rule out a number of multipliers which do impose this penalty.We will not want to play on any Option Multipliers (buy-a-pay) slots as these machines bring additional symbols into play with additional coins inserted so that with less than the maximum number of coins played, the number of winning symbols are severely reduced.
Less obviously, but using the same logic, we will reject playing on the Multiple Pay Line machines, which accomplish the same thing as the Option machines by bringing additional pay lines into play as additional coins are inserted.
A second condition we will impose is that the machine we select to play is a High Frequency machine.By high frequency, we mean that the machine has been programmed to pay off many lower payoffs more frequently rather than a very small number of higher payoffs.
Table 15 compares the hypothetical payoffs of Low and High Frequency slot machines.
Table 15.Comparison of High and Low Frequency Slots
High Frequency Payoffs | Low Frequency Payoffs | ||
Payoffs | Percent of Total Paid Out | Payoffs | Percent of Total Paid Out |
2 | 20% | 2 | 10% |
10 | 49% | 5 | 10% |
20 | 25% | 10 | 25% |
100 | 1% | 15 | 32% |
1000 | 18% | ||
Total Payoffs | 95% | 95% |
If we look at the payoff schedules on these two machines, we don't have much of a clue as to which is the higher or lower frequency machine.Both machines have similar payoffs, and both machines will ultimately pay back 95% of the coins played.Having the benefit of using this table, we can see that the high frequency payer will return a higher percentage of the coins played on the payoffs of 20 coins or less.If we add the payoff percentages for all payoffs of 20 coins or less on the high and low payoff machines, we find that 94% of the payoffs on the high frequency version are for payoffs of 2, 10 or 20 coins, while only 77% of the low frequency machine payoffs are for 2, 5, 10 and 15 coin payoffs.
For our purposes, the machine paying 94% of its payoffs on payoffs ranging from 2 to 20 coins is the better machine, as it is more likely that we will hit one or more of these payoffs in short-term play.While the lower frequency machine returns exactly the same overall payback of 95%, it accomplishes this by making fewer lower coin payouts and concentrating a higher amount of its payback in the less frequently hit jackpot payoff of 1,000 coins.
In short-term play, we are not likely to ever hit the jackpot payoff.Since 18% of the slot's overall payback is represented by this jackpot, in simple terms, by not hitting the jackpot, our return will be reduced by 18%, a large percentage of the expected payback.
We discussed locations of slots in a general way in the previous chapter.We found that the best paying slots are located in the state of Nevada, and on the average, the lowest paying slots are in Atlantic City.Of course this is from your and my perspective.If you owned a casino, you would prefer the lower payout Atlantic City slots.
Another aspect of finding the best slot machine is picking the best casino in the best location.Unfortunately, casinos are not very forthright on their exact hold percentages so that this task is not always that easy.
We can, however, refine our selection process somewhat without knowing the exact hold percentage of each casino.
First, we know that we should confine our play to casinos.Grocery stores, service stations, bars, airports and other non casino locations often have paybacks of from 50% to 75%.Your money will disappear very quickly if you decide to regularly play the slots at Joe's All-Nite Market.Needless to say, you should stick withlegal slot machines.If you decide to play illegal slots, who knows what extortion will be enacted on you.And you will have little recourse if you are cheated.
The airport slots at McCarran International Airport are notoriously tight, although I have been known to play them on occasion to enjoy a diversion not usually found in the airports of the world.An elderly neighbor of my mother had an interesting experience at the Las Vegas airport.His plane was already boarding when he hit a $100 jackpot on a quarter machine.Realizing that he did not have time to change the coins into bills, he began stuffing the quarters into every pocket he had.When he finally waddled onto the plane, with quarters bulging in every pocket, his pants fell down from the weight of the quarters.The entire plane gave him a round of applause.
There are many theories about where the best machines are located in casinos.Some players believe that machines located at the end of aisle hold the key to fame and fortune, while others will swear by different locations.If you have ever read about slots, it is likely that you were treated to the author's pet theories about where the best machines were.
To try to separate truth from fiction, I devised a simple experimental approach.Playing with a group of friends who agreed to participate in the experiment, we played a number of casinos systematically and recorded the results.In order to limit the number of variables for each trip to a casino, we played only the same denomination machines, e.g. nickel, quarter, dollar or five dollar machines.Our only variation in these experiments was the location of the slots in the casinos.Each trial was at least at hour long, each player used the same session bankroll, and each player played at roughly the same speed.Over the years, I was able to accumulate a number of these trials.While admittedly deficient in a number of ways (for example we played on slots manufactured by different companies, rather than same company slots, and all of our trips were to Las Vegas so that we didn't 'sample' other slot venues), I feel that the results clearly indicate a pattern of placement of slots by the casino executives.
We refined the terms 'loose and tight' to include three categories of machines:
Loose machines were those whose estimated paybacks were from 97—99%.
Middle paying machines paid out at from 93—96%.
Tight slots paid out less than 93% of the coins played.
Let's apply these criteria to different slot denominations.
This chapter continues and with specific information about where the best paying slots are found.Read about it in Super Slots!
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