Home

Feature Article:

Addicted to Reality Television
I have a confession to make to you -- I'm addicted. Let me explain... For a long time, I have been hiding it successfully from co-workers, friends and acquaintances. My family definitely knows I'm hooked, but even they have no idea how much I've...
...Read More


Slot Machine Odds

Additional Reading

It probably more appropriate to call slot machines entertainment than gambling, as the
house always - and we mean always - has an edge with slot machines.

The average slot machine payout ranges from an average of 85% to 99% of all coins bet.
The lower the denomination of the machine, the lower the payout. This is because the
casino wants to make a certain amount per hour with its slots. With a one dollar slot
machine, the casino can payback perhaps 98% and make it's hourly goal. With a lower
denomination machine, such as quarters or nickels, the payout must be much lower to
achieve the same hourly pay for the casino

There are two types of slot machine payouts: flat rate and progressives. A flat rate
machine pays the same percentage based on only that machine's results. With
progressive machines, many machines are linked together electronically and the jackpot
gets progressively larger the more players that play and the greater the time in between
winning jackpots.

Our advice is to play the flat rate machines and avoid the progressives. The odds against
winning the jackpot are much higher on progressives. In many cases, your odds of
winning the state lottery are better! Play the non-progressive machines where you at least
have a chance at the jackpot.

SHOULD YOU PLAY MAXIMUM COINS ARE NOT?

The answer to this question depends on one thing: is the jackpot bigger proportionally for
maximum coins bet? If it is, play maximum coins. If it isn't, then simply play the
minimum and your money will last longer.

To illustrate, let's assume you want to play a machine that has a three coin maximum bet.
Should you play the maximum? Look at the payout information. If the jackpot amount
for one coin bet is 1,000, for two coins 2,000 and for three coins 5,000, then the jackpot
is bigger proportionally for three coins and you should bet the maximum coins. This is
because the maximum coins to bet is three times the minimum but the maximum coin
jackpot is five times the amount of the minimum coin jackpot. This means your jackpot
odds are better if you play the maximum coins.

In this same example, if the three coin jackpot was 3,000 instead of 5,000, then you
should only play one coin at a time because there is no odds advantage to playing
maximum coins.

One disadvantage of playing maximum coins, even if the jackpot is proportionally larger,
is that smaller, less-than-jackpot payouts are usually not proportionally larger for
maximum coins played. It's only the jackpot that is proportionally larger. For this
reason, we recommend only playing minimum coins on machines that do no have a
proportionally larger jackpot for maximum coins. This way, you money will last longer
and you increase your odds of winning smaller jackpots and maybe coming away a slight
winner.

Good Luck!


About the Author

Tom is the webmaster at BlackjackForEveryone.com,
which is a website dedicated to turning beginning Blackjack
players into serious recreational players.

 

More Reading:


Pneumonia almost stopped my lungs but Su Doku Puzzles kept

How to Win a Million Dollars Without Spending a Lot of Money

Lets Swing at Santa Catalina Islands Casino on Avalon Bay

Is the Record Album Dead Not by a Long Shot

How to Win at Online Slots Games

 
Casino Gambling Tips for Online Gambling

Slot Machines The Basics

Review Audioslave Out of Exile

Write a Song on the Guitar

Record Collecting Still Thriving in the Twenty first Century


How To Play Craps
Craps is generally seen as a fun and exhilarating game by gambling enthusiasts and can be played at a number of reputable online casinos, such as VegasUSA. If you are not sure how to play craps , then this article is just for you. I plan on going...
...Read More

Three ways to play free online poker
Getting to play poker online for free is the holy grail for a lot of poker players. You get to play your favourite poker games and it doesn’t cost you anything. What could be better! There are three distinct ways that you can play poker free...
...Read More

The Fine Print Behind Online Gambling Bonus Offers
If you have never opened an account with an online casino, poker room, or sports book you may be wondering if the bonus offers are legitimate. We are all aware of the wisdom in the sayings, “If an offer sounds too good to be true, it probably is” or...
...Read More

Baroness Elisa and Synergy to Perform in Moi Rana Nordland Friday May 27th
Baroness Elisa (www.baronesselisa.com) is performing with “Synergy” on the luxury Fred Olsen cruise liner Braemer in Moi Rana Nordland on Friday, May 27th. "Elegant, but not stuffy" best describes the atmosphere on board Braemar which came into...
...Read More

Infinity - Feynman
RICHARD FEYNMAN: - I had the great pleasure of watching a movie called Infinity by Matthew Broderick and his wife. What a joy! To see a person whose father taught him to observe rather than codify or label in order to get marks or social...
...Read More