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Get To Grips With Slots Games Odds And Play
To Win! |
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All About the Odds of
Online Slots
The first thing that you should remember when it comes to
slots machines is that there is no strategy that helps you win more when you
play them. Unlike a game like poker, which is played against actual opponents,
not the house, and utilises skills that can make it profitable over the longer
term, the majority of casino games are not designed like this. |
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Consistent Returns are
Difficult to Make with Slots
As an example, let’s take a game with
only 1 payout, a jackpot paid out when you match 5 symbols. In the case of this
theoretical game there are 5 icons available on each line, and your job is
match 5 of the same symbols in order to win the top prize on the $1 machine.
These lines are under the control of random number generators, or
RNGs, and, over time, the 5 possible icons will come up as
frequently as any other on each line. So, your chance of hitting a cherry on 1
line is 1/5 at NZ online
casinos, and this chance is the same for the second line. Thus, the chance
of landing 5 cherries in a row is 1/3125, or 0.032%. Your odds are better than
this, thanks to the fact that a prize will be given for 5 of any icon, so your
odds of landing any set of 5 is actually 5 x 0.032%, or 0.16%. So, in our
imaginary machine, you will hit 5 identical icons and take the jackpot once in
every 625 spins of these reels.
How Payouts Come into Play
If
the jackpot for the supposed machine in our example was $625, then it would
become a break-even proposition, since you would pay $1 each of the 624 times
you spun the reels without seeing any returns, but, when you hit the jackpot on
the 625th spin, the prize would see you break even. The payouts set by casinos
is slightly lower than this, however, usually somewhere between 90% and 98%,
so, if our theoretical machine were set for 95% payouts, the jackpot would be
$594.
Luck is Always a Factor
Of course, you could get lucky
and manage to hit the jackpot on your 2nd spin, and would thus make a profit if
you pocketed the money and left the machine. But over the long-term it is
impossible to beat the law of averages, and the house’s edge will be perpetual
over any variance in short-term results. While there are some machines that
payout more than 100% over a given month, this will be the variance intrinsic
to randomness, and will not be sustained over longer periods of time.
Why We Still Love Playing Slots
No gambler should be playing
slots in order to make sustainable returns over long periods. The thrill of
gambling lies in the knowledge that there is a negative equity investment on
behalf of the player, and this is what makes winning so much fun. Luck plays a
big part in slots machine games, and there is always the chance that you might
be the next player to take home a multi-million dollar prize. There is also the
sheer enjoyment of the game, and the fact that playing slots is a very
inexpensive hobby, provided you have created a budget and stick to it in order
to offset your potential losses. |
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