So who pays for those Volcanic eruptions? Pirate Battles? Carnival Parades? and Glittering Showrooms? Slot Machines. 60-65% of casino revenue is generated by those bell-ringing one armed bandits that seem to multiply on casino floors like rabbits. So how does the average player gain an advantage and possibly win? Well.. aside from cheating (which we really don't suggest you get involved in) the only way to gain some sort of advantage is to choose your slots with utmost care and discrimination.
Slot machines in Las Vegas are required by law to payout 75% of the money that goes into them, actual payout in Las Vegas is approximately 95%. Will you be the one that takes the money instead of gives it? That is up to luck, but with a little investigation one can easily learn to identify which machines are more favorable to the player than others. Slot machines are all about the payout.. Red White and Blue, Double Diamond, Dick Fucking Clark, Cherry whatever. At the end of the day what every slot player needs to do is look at the pay schedule on the machine they want to play. Very often the same machine one row over will pay 5,000 credits on 3rd credit jackpot while you're playing on a 2,000 3rd credit machine. Plain and simple you're cheating yourself.
Slot Spotlights
A few notable slot machines we here at VT have found more playable, or more interesting, than the other nonsense out there like Leprachaun's Gold or Tabasco Slots or whatever.
We like machines that have the best payouts on the lowest winning spins. These will keep you going longer between larger wins and not enact the ATM-In-Reverse principle seen at many of the larger joints (Venetian being the worst we've experienced). Sphinx wild slot free play.
The slot machine will convert your money into credits. The easiest thing to do is to keep up with how many credits you had at the beginning of the session and again at the end of the session. Now, let’s do the math using a hypothetical 45-minute session. Below are 5 tips that will help you with finding loose slot machines to hit a jackpot. The first tip that will help you to increase your chances of hitting a jackpot is to time the machines. If you are in a land based casino playing the slots then you can simply sit near the slot machine you are timing and watch the results. Slot machines such as Astro Cat and Leonidas: King of the Spartans are in their range, and each has dazzling features that give spinners unique ways to collect prizes. Money Roll is another slot from the company that uses the same Connecting Scatter Way format that’s seen on Money.
100 or Nothing
Red, White and Blue
Slot Machine Jackpots Photo Gallery
Wheel of Fortune
Wild Cherry
Slot Machine Payback Percentages
Below are the slot payback percentages for Nevada's fiscal year beginning July 1, 2002 and ending June 30, 2003:
5¢ Slot Machines
The Strip - 90.32%
Downtown - 91.50%
Boulder Strip - 93.03%
N. Las Vegas - 92.97%
25¢ Slot Machines
The Strip - 92.59%
Downtown - 94.83%
Boulder Strip - 96.47%
N. Las Vegas - 96.63%
$1 Slot Machines
The Strip - 94.67%
Downtown - 95.35%
Boulder Strip - 96.48%
N. Las Vegas - 97.21%
$1 Megabucks Machines
The Strip - 89.12%
Downtown - 88.55%
Boulder Strip - 87.76%
N. Las Vegas - 89.41%
$5 Slot Machines
The Strip - 95.33%
Downtown - 95.61%
Boulder Strip - 96.53%
N. Las Vegas - 96.50%
All Slot Machines
The Strip - 93.85%
Downtown - 94.32%
Boulder Strip - 95.34%
N. Las Vegas - 95.32%
The Math of Casino Slot Machines
A2 a4 pan head phillips and slotted machine screws. For every dollar you wager in a slot machine, you will lose 100% - Payback% of that dollar. For example, you're at Bellagio playing the $1 Double Diamond slot, wagering Two Credits ($2) per spin. According to the table, for every $2 spin you will lose 5.33% of that bet.. just shy of 11¢. Granted these 11 cents don't get extracted instantly.. this is computed over time. So if your bank roll limit is $10 it will take you, on average 52 spins before your bankroll is toast (under $1) and you are out of credits.
How was this number derived:
STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = ..
Repeat calculation until the number gets below the minimum bet - if you play long enough, you're gonna go broke. THAT is a FACT. Slot machines are entertaining, relaxing, require little thought beyond pressing a button. IF you want to truly GAMBLE, you might want to look into Video Poker, and eventually Blackjack as other options.
Granted, sometime in there you just might hit that $500 win on the Wheel of Fortune, or The Elvis progressive might shake rattle and roll $1000 your way.. but the math inside the machine determines that you will in fact lose a certain percentage of your wager on each spin, and the more you spin.. the more you will lose despite short runs of successful jackpots. If you find you are UP.. leave. Every spin of a slot machine generates a random number that has NOTHING to do with previous numbers. SLOT MACHINES do NOT run in streaks (even if you might wish to think they do). Don't expect to get any of the money you put into a machine out of it unless you learn to press the CASH OUT button.
Gamblers Library
VT fully recommends the following books to help you decrease the house advantage on casino card games.
Brush With Fortune
Buy used from Amazon.com and save big bucks!
What Slot Machines Have The Best Payouts
How to Win on Money Roll
One thing which keeps the entire series of ‘Money’ slots popular is that you quickly tune in to the scatters winning system. Win-lines in the normal slot sense are not used. Instead you win any time you get 5 or more of the same symbol in view. These symbols are colored banknotes, each with a separate figure (denomination) printed on it. You win that denomination multiplied by the number of notes in view – for example 7 notes at 100 coins = a 700-coin win.
The denominations range from 1 coin all the way through to 500 coins – and with a 5 by 4 grid on the screen you could hit up to 20 of the same note on any one regular spin.
Some special base-game features certainly liven things up. First are the mystery reels. You’ll be spinning as normal, and some of the reels will hit covering in question marks instead of the usual symbols. These then change after they land into the same symbol – easily giving you 5 of a kind and often many more.
Second, there is a ‘fast lines’ symbol which can hit at any time. This brings back the concept of a win-line (though only for a moment). The banknotes you have in the line going directly from left to right become a win. Next you will see this line expand and 3 money bags appear below it. Your task here is to choose one to reveal your win multiplier – which is then applied to the total of the notes on that line. This is an innovative feature which can quickly add wins.
Free Spins Bonus Game
You need 5 of the free spins symbols to appear and to be connected to trigger the free spins bonus round. You start with just 8 free spins, though there is a special twist in the game which can make these very profitable. In addition, the main set of reels, the top part of the cabinet shows a full second set. This is joined to the first reels, so it is the total number of notes the same you hit on both sets which count towards your wins. This makes it much easier to hit 5 of a kind – and will often result in many more than that.
You can retrigger this free spins bonus game up to a maximum of 100 free spins each time. Unlike many of the older ‘Money’ themed game, this one does not include a 6th reel or a progressive jackpot. The chance of huge coverage during the free spins should make up for this in terms of potentially big wins.