Slot machines make casinos more money than all other games combined and are the casinos main source of income, however they also pay out more than any other game. So here’s some advice on how to take on the one armed bandit’s.
Slots machines are also common online and are often set to pay out a certain percentage of their income called the pay schedule. The main schemes to beat one-armed bandits revolve around working out this schedule and exactly when and under what circumstances it will payout. The casinos counter this by using ever more sophisticated machines, which pay out totally randomly. Whether online or elsewhere play a machine you can afford and stick to a set amount. Stick to a machine with a low minimum, you will get more plays for your money. Find out the pay percentage of your machine the higher the better. I.e. a machine that pays back 90% is better than one that only pays 80%
There are many slot machine myths, the most common is that if a machine has just paid out don’t play because it will take a long time for it to pay out again. If each spin is completely independent of all others as it should be then you have just as much chance of getting the jackpot the very next spin as any other.
Another common myth and fear among slot player is that you leave after a long period of playing and someone else will come along and get the jackpot. As before each spin is total independent of all others, if you had stayed you may not have got the payout.
There is not pay out after a certain number of spins or when a certain amount of money has been paid in, the machine simply pays out a certain percentage of what has been paid in totally randomly. The only way to increase you chances of winning is to find a machine with a higher payout percentage.
In the early days of slot machines some didn’t pay out at all, now regulation and legislation is much more effective, however there are still crooked machines out there so try to pick an up to date one. The important thing is once you have won walk away! If you use the winning to continue playing the chances are you will almost certainly have spent it all before you get another payout.