First of all you should know that slot machines, as with many casino games, are a type of game for which there is no “winning strategy” - technically speaking they are a negative equity game, or –EV game for short. Unlike a game such as poker (against real opponents, not vs. the house) where proper application of skill can make a game profitable in the long-term, most casino games are designed to make this impossible.

1. Best Odds Slot Machines In Vegas
2. Better Your Odds Slot Machines Game

Why Can’t I make a Consistent Return at Slots?

Your odds of winning are better than this, as you can hit five bells, five whistles or five of any other set of symbols, so on this machine your odds of any set of five are actually 5 x 0.032%, or 0.16%. So once in every 625 spins of this hypothetical machine, you’ll hit your set of five identical symbols for the jackpot. On any slot machine, winning odds can be maximized with a few simple steps: make a ‘game budget,’ and stick to it.Don’t deposit more than your budget. If you can afford to lose $100 dollars, then don’t deposit more than that, and once it’s gone, quit.

• This is certainly the case with slot machines. Playing them is as easy as pressing a button. However, between the high house edge and fast rate of play, there is no quicker way to lose your money in a casino. How They Work Odds: Clark County Slot Win 2012.
• Knowing which machines are loose increases your chances of winning at slots. Slot Tip #2: Look for Loose Machines. One of the best slot machine tips: a loose slot is your best friend. They’re harder to find, but they’re worth looking for. In land-based casinos, loose machines are placed strategically.

Let’s look at why, in the case of slots, there’s no way to make money long-term. For simplicity let’s imagine a game where there is only one pay-out, the “jackpot”, paid out for matching five symbols, of course the same logic will apply to complex modern machines as well. In this hypothetical machine there are five symbols available on each line and you need to match five of the same to win the jackpot on a $1 machine.

The lines are controlled by random number generators, and over time the five different symbols will come up equally often on each line. So the chance of hitting, say a cherry on one line is 1/5. The chance of hitting a cherry on the second line is also 1/5. Therefore the chance of hitting five cherries in a row is 1/5 x 1/5 x 1/5 x 1/5 x 1/5, or 1/3125, or 0.032%. Your odds of winning are better than this, as you can hit five bells, five whistles or five of any other set of symbols, so on this machine your odds of any set of five are actually 5 x 0.032%, or 0.16%. So once in every 625 spins of this hypothetical machine, you’ll hit your set of five identical symbols for the jackpot.

Now if the jackpot payout was $625, the machine would be a break-even proposition, as on average you’d pay $1 624 times without winning anything, and then you’d hit once in every 625 spins for the $625 prize, breaking even overall. Of course pay-outs are set by the casinos at a slightly lower figure, usually between 90% and 98% of this frequency, so for example if this imaginary machine was set for 95% pay-outs, the jackpot would actually be $594.

Of course you can get lucky and hit jackpot on your second spin, walk away and keep the money, technically making a profit. But long-term there’s no way to beat the law of averages, and the house edge will be sustained over any short-term variance in results. Rarely, certain machines are reported as paying out just above 100% over a given month, but this is again just the variance inherent in randomness, and will not be sustained over larger samples.

There’s a very nice little piece of software providing virtual testing of this principle, to be found here at Vegas Click. It simulates the return over one wager, over ten, a hundred, a thousand, ten thousand and a hundred thousand wagers, of a bet subject to a house edge, and shows the returns expected in each simulation. Try it out for yourself - it’s cheaper than going to Vegas!

A slot machine house edge is known by casino managers as the “hold”, and hold percentages vary a great deal, and do tend to be smaller at more expensive slots, frequently found to be around 1- 3% at the five dollar slots. Of course, percentage of investment lost is not a real money figure, and you’ll still tend to lose more money in real terms at the more expensive machines, since you’re putting far more money through the machine each hour.

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These are High Limit Slot Strategies that I have developed over 10 years based on my gambling experiences from various casinos across the country. I have developed many strategies that will help fellow gamblers better their odds at winning BIG and making money on slot high-limit slot machines.

Why Play if There’s a House Edge?

Certainly you shouldn’t be playing in order to try to make sustainable returns. Of course many people enjoy the thrill of a gamble, even if they know or merely suspect that it’s a negative equity investment of their money. Of course, there’s always the chance you may get lucky, even astoundingly so, as some winners of multi-million dollar slots jackpots can certainly attest to. There’s also the enjoyment factor, and playing slots can be a cheap form of entertainment if you stick to a budget and if you actually do genuinely enjoy it!

What is the Exact Edge on a Particular Machine?

There’s an easy answer to this one – you frequently can’t find out. Certainly it’s against a casino’s interests to publish this information on the front of a machine, and I’m sure many gambling-happy players don’t even realise there is a real house edge, nor know the difference between a game of skill and one of pure luck. Monthly and annual reports are regularly published of the actual pay-outs for given machines, so do your research and you could get a good idea.

Certain states in the US require the pay-outs to be in a certain range (typically above 80%), and this can be discovered with a bit of trawling through your state’s gambling laws. For example in Nevada, the gaming board states that the machines must have a RTP of 73% while in Mississippi, it is 80%.

A good rule of thumb is that higher cost games tend to have a smaller house hold percentage, but it’s likely to always be at least 1-3 %.

You might also want to consider your likely loss over an hour of play at different denominations.

Busting Slot Machine Myths

As with many a casino game, myths and falsehoods abound, and there are many people who think they have a stone cold strategy for beating slots and other casino games. These people are usually either lying, or deluded. If they’re trying to sell you a system, it’s most likely the former. Unless you have some kind of technology which can control or damage a slot machine directly, you can’t beat the machine long-term.

Of course anything along those lines would be straight up cheating. There’s no wagering system which will allow you to beat the house edge in slots, although there are systems which will allow you to lose the minimum – with slots this essentially comes down to choosing machines found to have a smaller hold percentage, and playing maximum wagers at all times, to enable you to at least hit the full jackpot when your luck does come around.

Many people believe that machines run on hot and cold cycles. This is a myth, random number generators are programmed to function on individual spins, and there is no “machine memory” of previous spins, each one being an isolated event. The same principle applies to tossing a coin. Throwing ten heads in a row doesn’t increase the chance of hitting tails the next time. Each throw is an individual probabilistic event, 50/50 with a true coin.

One myth with a modicum of truth to it is that the casino can alter pay-outs and other factors remotely. While untrue in the vast majority of cases, server controlled machines are gaining in popularity amongst casinos, although many establishments have rules about how and when settings can be changed, usually this only occurs between bouts of play, and a message should generally appear on the screen during the process, stating that remote control is in progress. For a non-server controlled machine to be altered in any way would involve physically opening the machine up and amending the EPROM chip within.

Further Advice for Playing Slots

Some games do feature a skill bonus round or skill component which can improve your odds. Of course these are also set up so as not to obliterate the house edge, so they aren’t going to be sufficient to give you a real long-term return, but the advice on how to play these rounds offered by the machines should usually be adhered to for maximum benefit.

Finally if you’re playing for fun (really the only reason to play slots), play slowly. You’ll save money.

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!

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.

Best Odds Slot Machines In Vegas

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.

Better Your Odds Slot Machines Game

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!