- Which Slot Machines Pay Out The Most
- What Slot Machines Pay Best
- How To View A Slot Machines Pay Out List
Slot machines are the most popular games in any casino, but a lot of people don’t have a clear understanding of how they work. In fact, some people have an out-and-out misunderstanding of how they work, while others are more than willing to take advantage of the gambling public’s ignorance in such matters. See our page about slot machine myths for about what we think of those people.
The purpose of this page is to explain in some detail how a slot machine actually works. Once you have an understanding of the actual inner workings of the game, you might find yourself less (or more) attracted to this type of game, depending on your temperament. Slots can be a lot of fun, but they’re extraordinarily profitable for the casino for several reasons, not least of which is how they actually operate.
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. Keno, which has its origins in China, is found in video form in many American casinos. These machines, similar to slot machines (and often placed alongside them in casinos), play similarly to the live form of keno, with players picking numbers and hoping those digits are randomly chosen during each game.
How to Tell If a Slot Machine Is Going to Pay Out It’s impossible to predict if a slot machine will pay out at a specific moment; anyone claiming otherwise either doesn’t understand how slot machines work or they work as a casino promoter. If it were possible to identify precisely when a slot machine.
Are Online Slots Rigged? If online slots were rigged, then you can guarantee that almost all of them would be closed down by now. It’s one of the biggest concerns people have when playing online, and it’s why we only recommend reputable casinos here at VSO. The top gaming jurisdictions such as UK, Malta and Gibraltar ensure that fair and secure gaming requirements are in place, and this gives each person the same percentage chance of winning.
Return to Player (RTP) is the factor that decides how much the slot pays out. If the slot has an RTP of 96%, then for every $100 that is gambled, the slot will payout out $96. This is regulated and independently tested to make sure you have a safe environment to play it.
We want all of our readers to make the right decisions when it comes to playing games online, so follow our recommendations and eliminate any risk of encountering rigged slots.
Slot machines use a random number generator. Early slot machines were mechanical (think coin slots), but they still used a random number generator, in the same sense that a roulette wheel, a deck of cards, or a pair of dice are also random number generators. Modern slot machines use a computer to generate random numbers, and these determine the outcomes of the game.
The important thing to remember is that the results are truly random. The game doesn’t work on any kind of cyclical basis, and slot machine jackpots don’t become due. Slots don’t get hot or cold, either. They only seem to, and only then in retrospect. It’s not something you can predict, any more than you can predict with any degree of certainty what the next card will be when dealing a deck of cards.
The casino does have an edge over the player. This is true of every casino game, in fact. The casino gets its edge using math and large numbers. Every bet on every casino game offers a lower payout than the actual odds of winning.
For example, in roulette, the odds of hitting a specific number are 37 to 1. But a bet on a specific number only pays off at 35 to 1. It doesn’t take a genius to figure out how the casino makes its profit in that situation, does it?
Slot machines work the same way.
Slots usually have three reels but sometimes also have five reels. The reel is the image that spins in the front of the machine. It has multiple symbols on it, and if you line up certain combinations of symbols, you win money. The less likely it is to line up a particular set of symbols, the higher the payout on that particular combination.
For decades, these reels were literally large metal hoops, but now that slot machines are powered by computers, they’re more often just images on a video screen. Even in the case of slot machines with actual reels, the outcome is determined by the random number generator inside the computer.
Where those reels stop are called, naturally, “stops”. Reels can stop on a symbol or on a blank space between those symbols. On early slot machine games, each symbol would have an equal chance of coming up, but now that computers are running the show, the odds can be convoluted. You might have a cherry on a reel that comes up on average once every 50 spins, while an orange might come up on average once every 5 spins, or any other combination you can think of.
Early slot machines might have only had 10 stops per reel, but now it’s common to have between 30 and 50 stops per reel. The more stops you have on a reel, the easier it is to offer really large jackpots. For example, if you have a game with 10 stops on each reel, with an equal chance of landing on each stop, then your chances of winning any particular combination are 1/10 X 1/10 X 1/10, or 1/1000. If you have a payout larger than 1000 units, you’re losing money on that game.
Modern computers can adjust those odds using a weighting system.
The weighting is what determines how likely a particular stop is to be picked. Suppose you have a slot machine game with 10 symbols, but one of those symbols is special and only comes up once every 100 spins. The odds of getting 3 of that symbol are 1/100 X 1/100 X 1/100, or 1/1,000,000. You could theoretically offer a payout of $1 million on that combination and still break even over the long run. Casinos love that kind of action, and so do players.
Another symbol might be programmed to come up half the time, so your chances of hitting that symbol might be as low as ½ X ½ X ½, or 1/6. If that pays out at 2 to 1, the casino still makes a significant profit, but the player feels like she’s winning on a pretty regular basis.
The par sheet determines the odds. Every modern slot machine is designed with a par sheet which specifies the weightings for each stop on the reel, including the blanks. That par sheet makes the odds and the house edge for a slot machine game a known quantity—for the casino. Gambling companies keep these par sheets under wraps, though, so players never really get a clear idea of what the odds, the house edge, or the payback percentage is.
One final term you should understand is “payback percentage”. This is a mathematical prediction of how much money the machine will “pay back” over an infinite number of spins. For example, if a machine is programmed to have a 97% payback, over enough spins, the average should come close to winning $3 out of every $100 put into the machine. Casinos distinguish between the theoretical payback percentage and the actual return on the machine, but you can count on one thing. Slots are immensely profitable for the casinos.
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
Which Slot Machines Pay Out The Most
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.
What Slot Machines Pay Best
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.
How To View A Slot Machines Pay Out List
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!