The odds
The result of each spin of the wheels is determined by
a computer program that generates random results.
This is true for both online slots games and slot
machines found in hotel casinos. The machines can
easily be set by the casino to generate whatever
payout they choose. For example, they may set it
to 95%. That means for every 100 dollars bet, the
machine will, on average, pay out 95 dollars. The
other five dollars goes to the casino and that's
how they make their profit. Of course, that’s
just on average. It’s possible, if Lady Luck
is on your side, to make hundreds or even thousands
of dollars with just one spin.
Common myths
It’s a common myth that slot machines are the worst
gamble in a casino. The truth is that making bad bets
at the craps table or blackjack table can give far worse
odds than any slot machine. In fact, the odds you get
when playing slots are similar to those for roulette.
Another commonly held belief is
that a slot machine that just gave a big payout won’t pay out again
for a while. Actually, statistically speaking, the odds
are the same for every spin and every spin is completely
random and independent of all past spins. So there’s
no way to predict the next spin and a jackpot is just
as likely to be hit right after the last one was hit
as it is after a thousand dry spins.
Winning strategies
Most slot machines reward you for playing the maximum
number of coins. For example the jackpot may pay 2000
coins with 2 coins played, but 4000 coins when 3 coins
are played. If you don't feel comfortable playing the
maximum coins you might consider moving down to a machine
that accepts lower-value coins so you can play the
maximum. For example instead of playing one coin at
a dollar machine, play the maximum number of coins
at a quarter machine. Some online casinos let you play
for nickels. I've even played online slots on penny
machines (at Kenny Rogers Casino).
Play at casinos that advertise the best payback percentages.
These casinos are eager for your business are willing
to reward you with better payouts.
If you’re playing a progressive
machine, remember that you'll probably have to bet
the maximum number of
coins to be eligible to win the big jackpot.
