Odds on Winning on Slot Machines

If you agree that it’s about time you separated yourself from the millions of slot machine players who are being shamelessly robbed of billions of dollars by the casinos, I invite you to check out this site. There is a lot to learn to become a winner.

Slot Machine Odds vary greatly depending on what type of machine you are playing. A progressive slot machine gives you much worse Slot Machine Odds of winning compared to a straight slot machine, but the payouts are much higher.

For a one reel game, the odds of winning are about 1 in every 64, while a three reel slot machine game is about 1 in 643. With a progressive slot machine that pays out hundreds of thousands of dollars, the odds of winning would be much higher, approaching one in a million.

Here’s a few tips regarding Slot Machines: to be able to understand Slot Machine Odds, you need to know exactly how a slot machine operates. There are many circulating thoughts and beliefs that should be straightened out.

Remember, the reels on a slot machine are not all weighted the same, as some believe it to be. It is also a big misconception that once you pull the slot machine lever, everything is left up to the spinning reels. Sorry to destroy your hopes, but as soon as you pull that arm or press that ‘spin’ button, the slot machine symbols are already predetermined and so is your fate.

The slot machine spinning reels are only an addition to construct an appealing look remembering the good old days as well as to provide more excitement for the slot machine player; the period of waiting builds up the anticipation of a potential slot machine winning combination, the jackpot – sort of like playing the lottery.

The slot machines are programmed in such a way, so as to make sure that the casino always comes out on top. More money is lost in total than won. There are cases where individuals have won enough to keep them satisfied forever, but it doesn’t happen as often as we’d like. Land casinos have many opportunities for those who know how to play smart; however the loose slots, are always the hardest to spot.

Large slot machine jackpots mean fewer smaller payouts. Big winners’ fortunes are financed not by the land casino but by many losers. It is better to play slots on machines with small to moderate jackpots. For the same wager, you have a much better chance of winning 800 coins than you would have chasing 20,000 coins.

Slot Machine Odds vary from one machine to another; therefore, playing the right slot machine makes all the difference. It is important to read carefully at the payout rate as well as the amount of money that’s being risked with each slot machine spin. Generally, Slot Machine Odds are expressed in the form of a payback percentage. Some slot machines offer payback percentages greater than 100%, but you’d have to drop lots of money.

Taking one hundred dollar slots, for example, so much is at stake that it allows the land casino to offer near even money return, even though the slot machine gets a slice of the action at a quarter slot machine. Usually, the payback rate is 90% for nickel slot machines, 93% for quarter slot machines, and 95% for dollar slot machines. The higher the denomination is, the better your odds of winning.

Find some comparisons of how much money you’ll need per hour in order to play a three coin maximum slot machine bet, with ten spins per minute, at two different slots payback rates:

Five-Dollar Slot Machine
Payout 90% – $900.00
Payout 98.4% – $145.00

Dollar Slot Machine
Payout 90% – $180.00
Payout 95.9% – $74.00

Quarter Slot Machine
Payout 90% – $45.00
Payout 94.1% – $26.75

Nickel Slot Machine
Payout 90% – $9.00
Payout 92.5% – $6.75

Carefully looking at the numbers above, you can see how much difference the slot payback percentage can make on slot machine odds. For the same amount of coins of the same type, you don’t have to spend as much playing the slot machines with the higher payout rate, while giving yourself better odds of winning that slot jackpot.

Always choose your slot machines very carefully, not all Double Diamond or Wild Cherry slots have identical pay tables. The brand of a machine is not really important it’s the pay table that counts.

Online casinos will have slot games that meet the above requirements, but don’t look for the same slot game names as you see in live casinos. Try out their games. That way you can preview and get to know all the different slot machine games without risking any real money.

Last suggestion: use Online Casino Bonuses to play slot machine games for profit and fun!

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