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| How They
Work |
The original
basic slot machine was a three wheel random sequence generator. So random
sequences are delivered and certain results pay the player a prize.
Slot machines are the only things in a casino where
the odds are unknown to the players. The game will have been designed for a
particular payout percentage but how that is distributde amongst the different
level of payouts will be unknown. The percentage payout may even be displayed
on the machine, legally so in some coutries like the UK, but this doesn't help
much. Example : A line that pays out one in every five spins should pay 5 x
stake (100% payout), but may pay 4 x stake (80% payout) so that more money can
build the jackpot
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| Odds |
| Land based
casinos tend to give better odds the bigger the stake of the machine. A typical
$0.01 (one cent) machine will be paying out 90%, so the house has an enormaous
10% edge. This comes down to around 4% on a $25 machine. Casinos around the
world differ, for instance the UK casinos have no statutory minimum percentage
payout for
gaming machines but all machines are required to clearly
display the amounts paid to use the machine that is returned by way of prizes
(described as the return to player (RTP) on the machine), or the odds of
winning prizes from use of the machine. |
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| Advice |
- If you are in
a land based casino then always use a player card. Slots may be a difficult
thing to win at but the casinos treat slot players very well. A $1 slot player
will probably get comped better than a $100 blackjack player.
- The simpler
the game, the better the odds.
- The higher the
denomination, the better the odds. It is better to play one coin per line on a
5 euro game than five coins per line on a 1 euro game.
- Play slowly to
get your fix.
- If there is a
skill feature then then take any advice the machine offers.
- For online
players read reviews you find after doing a Google search.
- Look for the
best online sign-up offers.
- Online slots
will have many features so read a guide to the slot you have chosen, for
instance a guide to Tiki island
slot will alert you to winning features that you may not see in live
play.
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| Myths |
- Players
believe slots go through a cycle of payouts. False - every spin is
random.
- When the
jackpot is big its more likely to payout. False - every spin is
random.
- If you are
nice to staff they will make it easier for you to win. False - they would be
letting their friends in everyday if so.
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| Big
Wins |
Currently there
is battle going on between Mega Fortune and Mega Moolah for the largest online
jackpot offered and paid out. Fortune paid an anonymous player from Finland
€17,861,813 in January 2013 only to out done by a fraction Moolah in
October 2015. They paid a
26-year-old soldier from Britain, Jon Heywood, (Great! as no
tax to pay) €17,879,645 taking the record by just €17,832. Awesome!?
He played a 25p line!
Remarkably these lucky gamblers won the largest
sums in the history of casino winnings after spending only a few tens of
dollars. Who knows maybe next incredible lucky millionaire is reading this post
now? |
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