4 Smart Tricks To Increase Your Chances Of Winning At Slot Machines
- That may be most people's dream, but it rarely happens. For example, most casinos set their slot machines to pay out only 83-to-99 percent of the money they take in. Play at a gas station, bus terminal or any other place that has slot machine, and it pays out even less. However, there are ways that you can increase your odds.
- Online slots may come down to chance, but like all casino games, there are always some tips and tricks you can apply to help you maximize the odds of seeing a payout. Whenever you play slots in a land-based casino, a mobile casino, or an online casino like CoolCat, some things should be factored in before you start playing them for real money.
How to Increase the Odds on the Slot Machine If you really want to increase the odds on the slot machine paying out to you, make sure that you avoid the progressive games. Yes, these games offer the really huge jackpots, but they also keep a larger percentage of what they take in. This makes the odds of winning a progressive less than the odds.
If you have been playing slots in a land based casino, then you are probably familiar with the common superstitions most players believe in. From “avoid the machines located near the entrance or the ones near the bathroom” to “you can only win if you play the machines near the elevator”, we bet you heard them all.
While these facts might be true for brick and walls casinos, things are completely different in online slots. With the doors, restrooms and elevators gone, online slot machines allow you to concentrate more on the game, rather than relying on bizarre systems to win. Speaking of winning, if you want to cash out at online slots more frequently, then consider these tips the next time you play.
1. Use the bonuses
With the abundance of online casinos these days, it’s virtually impossible not to find at least one bonus code to take advantage of next time you want to play slots. Because the codes don’t always apply for online slot machines, you should verify that you selected the right one beforehand. Besides the codes, don’t forget to check out the other promotions and bonuses offered by casinos, such as high roller bonuses, free spins, match bonuses or no deposit bonuses. In regards to the latter, make sure you are comfortable with the wagering restriction policy imposed by the casino.
2. Choose games with bonus rounds
A simple trick to cash out more is to look for online slots that offer bonus rounds (they don’t all have this option). First off, the bonus rounds offer an additional chance to win by hitting the right combination. In addition to cash, you could also win a certain number of free games when the right symbols line up. While slots with progressive jackpots are usually the number one choice of players, you should try both variants.
3. Choose the right machines
In spite of their similar appearance, it is necessary to mention that online slot machines do not all operate in the same manner. However, the main distinction between them consists of the restrictions set for them. Therefore, you may come across loose machines that allow you to qualify for the jackpot regardless of the number of lines you bet on. On the other hand, you can also find a machine that automatically disqualifies you for the bonus rounds if you don’t bet over a certain value or if you don’t play a specific number of lines.
4. Avoid penny slots at all cost
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As the name suggests, the penny slots refer to online machines that allow you to bet for as little as a penny. In general, most online slots permit players to wager anything between $0.01 and $5 per line and use any denomination they prefer. However, if you want to win cash then sticking to the $0.01 sum is not going to cut it. The best approach in this case is to evaluate your bankroll and figure out the ideal sum per spin you can afford. By increasing the bet-per-spin on the lines, you are also likely to win more often.
Additional information: My wife cannot afford to play the maximum bet, but when she hits the jackpot combinations, she thinks she missed out. I keep telling her that I believe the odds of hitting those combinations would significantly decrease if she paid the maximum, but she doesn’t believe me. In statistics terminology, it would make sense to maintain the same expected return (payout multiplied by probability), in order to obtain the same overall percent payback for different players (although I doubt they are required to maintain such consistency). Using this assumption, if the payout increases disproportionately relative to the size of the bet, the probability would have to decrease. This would also be a good way for the casino to dupe players into increasing their bets to the maximum.
Slot machines are pegged to payout at a certain % by a computer chip. This percentage does not alter due to bet size at any time, so increasing your bet is essentially just losing your money faster. Higher denomination machines are typically programmed to payback a higher % than lower denomination ones, so that a $.25 machine will pay better than a $.05 machine which will pay better than a $.01 machine.
Regardless of bet size, even with the inflated jackpots for max bet, the expected payback remains the same on slot machines to the best of my knowledge. I don't think it's like video poker where betting max bet inflates jackpot size and increases expected value, but i'm not 100% sure.
As to MAX COIN... Most, but not all, slot machines offer inducements for players to play max coin but read the payout table to be sure that final coin actually buys you something. However, whether you put in Minimum Coin, Maximum Coin or Something in between, once you hit that little red button... its all up to the random number generator and the random number generator just goes along and does its thing with no knowledge at all about how many coins are in there or whose player card it is or if they've been tipping the waitress or not. So the EVENT is not influenced by the number of coins, only the payment for that event.
Expected payback? You mean each and every press of the little red button has to be a certain expectation?
The general rule is that a higher denomination machine returns a greater percentage, yes, but going to max coin on a lower denomination has to be compared. Its amount bet times expectation.
The odds do not change when you bet max. I believe that some jurisdictions require identical odds. I've never, out of hundreds of games, seen a game that behaves differently.
There would be no advantage for a gamemaker to do that kind of manipulation. The probability of hitting the jackpot is so low, that the manufacturer is free to riase the payout without changing the EV of the game very much.Unbelievaboat Increase Slot Machine Chances Without
It is very popular for the machines to be designed so that the player to be denied an entire class of high payouts if he does not put in max coin. Even though the house edge may not be that much worse, the player will eventually see hit a case where he would have been paid a much higher payout if he had more coins.But every machine design can honestly say it has a lower house edge if you play more coins. It doesn't say how much lower.
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An example from a real machine is 8.04% HA for 1 coin, and 7.48% and 7.30% for 2 or 3 coins.One thing I will say now is that I think more of the average payout is related to the jackpots than you might think. For example, one local casino (Hollywood, FL) states that it pays out 94% of the bets wagered (i.e. a house advantage of 6%). I would conjecture that 5% or 10% if that payout is related to the jackpots. If it was really small – say 1% – then you would expect that, on the average, your credits would decrease by only $7 for every $100 you wager (such as 100 pulls on a $1 machine). But I will bet your average losses are much higher than that, unless of course, you hit a big win. This is because a significant portion of the 94% payback is related to the big wins.
I may be confusing the issue by using the word “jackpot”. I am not talking about the huge progressive jackpots of 100’s of thousands or millions that are rarely ever paid, but rather the smaller payouts of $1,000 to $10,000 that you might find on nickel and quarter machines. My wife, who only plays slots 5 to 10 hours a week, hits 3 or 4 of these “jackpots” every year. I know because I have to claim them on our tax return. Maybe I should call them 'big wins' rather than 'jackpots'?
Our next casino trip is later this week, so I should have a decent example to post sometime this weekend. If I am right about this, it is very important for players (such as my wife) to understand, so they don’t get duped into losing a lot of money, especially mine!
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Question: Many slot machines offer a disproportionately higher return on the jackpot combination when the maximum size bet is played. Do they also decrease the odds of hitting the jackpot combination when the maximum bet is played?
Additional information: My wife cannot afford to play the maximum bet, but when she hits the jackpot combinations, she thinks she missed out. I keep telling her that I believe the odds of hitting those combinations would significantly decrease if she paid the maximum, but she doesn’t believe me. In statistics terminology, it would make sense to maintain the same expected return (payout multiplied by probability), in order to obtain the same overall percent payback for different players (although I doubt they are required to maintain such consistency). Using this assumption, if the payout increases disproportionately relative to the size of the bet, the probability would have to decrease. This would also be a good way for the casino to dupe players into increasing their bets to the maximum.
Your wife is right she did miss out on a bigger jackpot for not playing the maximum coins. The odds of hitting the jackpot do not change weather if she bets 1 coin or 2 but the payout changes. Casinos offer better payouts for max coins because they want to encourage people to bet the max. The odds could go from 96% payback to a 97 or 98% payback from minimum to max coins.