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FINDING THE BEST SLOT MACHINE. Since 18% of the slot's overall payback is represented by this jackpot, in simple terms, by not hitting the jackpot, our return will be reduced by 18%, a large percentage of the expected payback. We discussed locations of slots in a general way in the previous chapter.

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Slot machines are the most exciting casino games in the world. The combination of simplicity and huge jackpots - along with plenty of psychological factors designed in the game (best explained in Addiction by Design: Machine Gambling in Las Vegas by Natasha Dow Schull) ensure that Americans keep pouring billions of dollars a year into slots. The downside for customers? You'll lose by a wide margin in the long run, and in general the bigger the jackpot, the more of an edge the slot machine has over you.

Choosing The Best Slot Games For You. Choosing a suitable slot for you can be a daunting task when you’re faced with a collection of top slot machine games that offers hundreds or even thousands of titles to choose from. Slots are generally divided into classic 3 reel games and 5 reel video slots, with the latter coming in a huge variety of themes. Picking slots by theme is probably the easiest way to find your. SLOT TIP 4: ALWAYS PLAY WITHIN YOUR BUDGET AND BE WILLING TO LOWER YOUR BET OR STOP PLAYING IF YOU HIT A LIMIT. Most sessions on slot machines will result in losing money, and there’s nothing you can do to chance that. Sometimes you’ll win at slots, and even win big. Enjoy those times when they come. SLOT TIP 4: ALWAYS PLAY WITHIN YOUR BUDGET AND BE WILLING TO LOWER YOUR BET OR STOP PLAYING IF YOU HIT A LIMIT. Most sessions on slot machines will result in losing money, and there’s nothing you can do to chance that. Sometimes you’ll win at slots, and even win big. Enjoy those times when they come. Play with fake money. Bovada lets you play all their slot machines with play money, and you don't have to register an account to play. If you like slots because of the chance of winning a big jackpot, then here are two alternatives: Play video poker.

You can increase your chances in the long run, though, by choosing the right games at the right casinos -- it's not unheard of that you will lose five times the amount on average that you would have lost if you chose the best slot machines and played at the best online casinos.

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How Real-Money Slots Work - The Basics

A slot machine has no feelings. The amount of winnings it pays are dictated by the EPROM chip and the random number generator ('RNG') inside the machine. It doesn't consider whether someone has recently won or lost -- every spin of the reels is random.

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It's possible to influence your chances of winning at slots. When you press Spin, the RNG generates a random number (between one and a billion, for example) for each reel of the machine. Every number represents one of the symbols (the more numbers represent a symbol, the more it is 'weighted' in the machine).

The EPROM chip then determines whether you've won with the combination of symbols or not; the more winning combinations there are, and the more the player wins per winning combination, the higher the odds of winning and the payback of the machine.

Suggesting you have all the information available, calculating your chances of winning at slots is simple: multiply the probability of each outcome with what those outcomes pay, and then sum the results. It's always under 100% (otherwise casinos would make no profit) and often near 90% (casinos make a lot of money from slots).

Here's an example of an imaginary slot machine (let's call it King of Cats) with three winning combinations -- a real-life slot machine works the same way, but likely with more ways of winning at slots:

The slot machine above would return 97.5% to players in the long run. However, we rarely know the odds of slot machines. We do know the paytable - how much each winning combination pays to players - but we have no idea of the probability of getting that winning combination.

To calculate the probability of a winning combination, we need to know is how many stops there are for each symbol. For example, in the machine above there could be 45 stops and one of them would be a Lion symbol. By calculating (1/45)*(1/45)*(1/45) we get 0.001%, or the probability of hitting three Lion symbols in a row.

In real world, those symbols would have been weighed differently so that they're more likely to come on the first two reels and much less likely to come on the last reel, resulting in a near-miss situation.

I advise you not to play at all because slot machine odds are never good, but if you're going to play anyway, here's how you can find the slot machines that likely have better odds than others.

Why We Lose At Slots

We lose at slot machines because they're set to give back less than they take on average. It's impossible to play slot machines better; you can just press spin and hope for the best. With that said, though, you can improve your odds of winning at slot machines greatly by making good decisions before playing and having a good strategy when entering a casino - more about that lower on this page.

Generally, the more decisions you can make in a casino game, the lower the house edge is (with optimal play). Since there's almost no room for decisions when playing slots machines - again, your only decision is to press spin - the house edge is high at slots when compared to other popular casino games. And since you play slot machines for real money so fast (400-800 spins an hour), you lose more at slots than at any other casino game. (Read how slots work to understand them better.)

Like most casino games, a slot machine is a game of independent trials (the previous game has no influence on the next game). Your chances of winning with each spin are the same regardless of whether you've lost or won. So, there's absolutely no room for in-play slot machine strategy.

How Much Do Slot Machines Pay Back?

A slot machine's payback percentage could be anywhere from 75% to almost 100%, but of course, always lower than 100% (otherwise, the casino would make no profit). You can calculate a casino game's house edge by subtracting its payback percentage from 100% - this is how much the casino makes per bet in the long run. For example, with a 5% house edge, casinos make $5 per every $100 bet.

Calculating a slot machine's payback percentage is easy if you have all the information available: multiply the probability of each outcome with what they pay, and the sum is how much the slot machine returns in the long run, also known as its 'payback.'

But most of the time we don't have that information. We're in the dark -- sure, casinos can claim certain payback or payout percentages but how do we know they're truthful? Some online casinos get their payouts reviewed by private auditors, but how do we know if the auditors are honest?

It's a different situation with games like blackjack or roulette; in both cases we can calculate the house edge because the rules are known. If you care enough to make the calculations (and you should), you'll know exactly how much you stand to lose or win in the long run.

You could argue that casinos make so much money from slot machines that they have no reason to cheat. I agree, but you can still get a raw deal even if they are honest (setting a low payback percentage is not cheating). I want to have an idea of what kind of a return I get for my money regardless of the honesty of the casino. (See how to pick slot machines to find the best slots to play.)

Not only do casinos keep slot machine players in the dark about payback percentages, they have also weighed slot machine reels differently, resulting in as many near-miss moments as possible, which encourage future play. The first reel is the likeliest to hit something, the second reel is less likely to hit and the third reel is even less likely to hit.

NOTE: Some casinos are tested by auditors that publish monthly payout percentages for everyone to see online - now, 'payout' is different from 'payback.' The actual money that the casino has returned to players through their games is 'payouts' and the theoretical money that the slot machines are set to return is 'payback.' Payouts can be influenced by huge jackpot wins, for example, in which case a month's payout would look much better than the games have been set to pay back.

How You Can Win More

Here's the truth: the best thing you can do is to stay far away from slot machines (and stay clear from myths). Losing less is winning more and you can lose the least by never playing slots, even if you knew how to play slot machines the optimal way.

But you came here to learn how to play slots for real money, so I have to assume that you will play them at some point. Good news: you can win more (or, in fact, lose less) by playing the right slot machines at the right casinos.

The main consideration is always payback but you should also pay attention to casino comps and other benefits (such as cashback) that come along with playing at casinos.

Why to Play Slots

Some of you may wonder why to play slot machines at all. Exactly. They're a terrible investment -- think of a machine that you put $1 in and receive $0.95 back. That is basically a slot machine, except for all the sounds and animations, and of course a chance to win a lot of money, perhaps even millions of dollars.

The odds are heavily against you winning that money though. Meanwhile, in the long run, the casino takes your dollar bills and gives you back less. So if you agree to participate in this weird transaction, the least you can do is to find the casinos and slot machines that give you back the most money.

How to Find the Best Casino Slots to Play

If you're going to play in Las Vegas or some other popular gambling destination, take a look at this survey. It'll give you a good idea of how the location of the casino affects the general payback percentage of its slot machines; the best Las Vegas casinos are located mainly in North Las Vegas, not on the Strip. You can use the same logic in other places where there are many casinos around, although if you're 'stuck' with only a few, I'm not sure if location makes much of a difference.

After selecting a casino that potentially has a high payback percentage on average, an important part of a good slot machine strategy is to immediately join the casino's Slot Club (could be called 'Player's Club' as well). Contrary to popular myths, Slot Club members have the same house edge in their games as other players; the difference is, casinos can track Slot Club members (you have to insert a Club membership card to the slot machine when you play) and it helps them to give you comps when you deserve them (otherwise you may miss-out on them). You'll likely receive something extra just for signing up - free money to play with or a free drink, for example.

Additionally, most casinos give Slot Club members cashback (0.5% per bet, for example) and that is almost like playing against less house edge, although not literally. You don't win more likely but you receive a portion of your bets back.

Now, look around the casino. I bet you feel the temptation to head over to the flashiest slot machines with the biggest jackpots. That's what most slot players do and it's exactly the opposite of the best way to play slots. Unless your only goal is to win a million dollars (regardless of how unrealistic it is), playing progressive jackpot slots is the worst slot machine strategy you can choose. Many make that mistake and it's no wonder why US casinos get 70% of their revenues from slot machines.

Odds in Progressive Jackpot Slots

The only way you can win a million dollars playing slots is to play slot machines with progressive jackpots, however, you get even worse odds to win than you would get if you played flat-top slots.

The odds of winning a jackpot are usually way better on the first reel of the machine than on the last one. The casino wants to create as many 'near-miss' moments as possible -- it is a psychological trick, designed to make the player want to to play more.

It's easy to see why near-misses work: if you're one symbol away from winning a jackpot, it'll leave you with a different feeling than if the jackpot wasn't close at all.

In reality, it only seemed to be close.

In Nevada, the regulations state that one stop on the reel can't be weighted more than six times the stops before and after it (many have adopted this rule).

Progressive slot machine odds could be weighed like above; the first reel hits a jackpot symbol once out of five times while the third reel only hits once out of 13 times, often resulting in mentioned 'near-miss' situations.

But that was a simplified example. Hitting a progressive jackpot usually has more symbols, of course, and way worse odds. The chances of winning the biggest of them all, Megabucks, are somewhere in the 1:50,000,000, according to John Robinson at Casino City Times.

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Progressive slot machine odds are worse than flat-top machines (the ones without a progressive jackpot) -- this is because a part of the bet goes to the jackpot while the casino takes its own cut. Unless the size of the jackpot is huge - in which case playing jackpot slots could be worth it - it always makes sense to choose a simple fixed jackpot slot machine.

So which slot machine types are best for you?

The simplest slot machines, also known as 'straight' or 'flat-top' slots, are your best choice financially. No, you can't win a million dollars playing those machines, and yes, they're less flashy than other slots, but they're the best slot games to play at a casino. For every dollar you bet, you may have to lose 10 cents more to flashier machines with progressive jackpots - that's a huge difference in the long run.

So now that you've chosen a simple machine, let's think about your betting strategy for slot machines (I'm not referring to progression betting systems; they don't work):

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• Choose the highest denomination. The higher the denomination, the lower the house edge. For example, nickel slots have a higher house edge than dollar slots.
• Bet the maximum amount of coins. There's usually an incentive to bet maximum coins. For example, the jackpot becomes bigger relative to the bet, giving you a better return from the machine (odds stay the same but payout increases relatively more than bet size).
• Bet slowly. Not because pressing the Spin button fast or slow would impact your odds of winning at slot machines, but because it's a viable slot machine strategy because you have more time to play with your money and the longer you stay at a casino, the more comps you'll probably receive.

FINDING THE BEST SLOT MACHINE

Everyone who has ever played slots for at least five minutes seems to feel that they are qualified to find the best slot machine.

'Best' usually means the 'loosest' slot, meaning that the machine seems to pay out more coins than have been played, at least for a time period.There are as many theories as there are people on how to find this elusive machine.

Some people believe strictly in luck.If they were wearing their lucky hat the last time that they played and won, then they will ascribe their luck to this hat and be sure to wear it every time they play.

Others like to talk to the slot machines while they play.I once played next to an elderly lady who started out telling her machine to 'Be good to Mama, Baby,' followed by an occasional pat on the front of the machine.After about thirty minutes her tune had changed to 'Pay up you tight son of a bitch,' followed by a whack on the machine glass.

Some folks like to test the temperature of the machine before they begin playing.If the machine is warmer than the other machines, then this qualifies the machine as a 'hot' one, suitable for play.

Some people will only insert cold coins into a machine, claiming that if warmer coins are used, the machine tightens up.

Free slots to download on mobile pc. Many players believe that slots should be played only at night or on the weekends, or some other variation of timing.

Still others believe that the rhythm used in pulling the handle is the secret.Implementation of this theory includes such variations as the short hard pull and the slow, almost delicate pull.Each has its adherents.

Others use the 'the attendant must know' theory and ask the slot attendant which is the best machine to play.A variation of this is to observe another slot machine when playing and if the machine has not paid a jackpot in a long time, to consider playing the machine as it should be ready to pay.

The location within the casino is also important for many players.Some players claim that aisle machines are the best, while others believe that the loosest slots are hidden in back corners so that they don't get much play.

I wish I could tell you that one of these approaches works.You may consider that I have saved you some money, as each of these approaches have been touted at one time or another in slot publications of dubious value.I recently purchased a slot bookwhich spent several pages describing how hot and cold machines are laid out in a casino based on the author's theory of how casino executives are supposed to think.

I don't have much to say about the 'luck' or clairvoyance theories of slot play.Perhaps some folks got it and some don't.I know that I don't do very well when I rely purely on luck.If luck does work, I have the impression that it is a very personal thing, and I don't have any advice on how you may increase yours vis a vis winning at slot machines.I am going to assume that you are like me and believe that luck comes to those who are prepared, so we will concentrate on becoming more prepared.

The time of day theories are really absurd.Many players believe that the casinos can push a button inside a slot, or jiggle a couple of levers and change the payouts.With the microprocessor controlled slots, the chip itself must be changed to affect the payout percentages.Changing the chip requires the skill of a trained technician and several hours work.It is also an expensive proposition for a casino to be constantly changing its slots.You can rest assured that slot payouts in a particular casino will not change with nightfall or from a weekday to a weekend.

Obviously, talking to the machine or even caressing it, is not likely to have any effect on a computer chip controlled mechanism.Neither is the temperature of the machine (which is probably most affected by the temperature around it) nor the warmth of the coins.Slot machine levers have zero influence on the random number generating chip controlled machines.The machines could just as easily be activated by a button (as are the video slots) or a pull string.The days of handles activating gears which determined the rate of spin of the reels are long gone.

All of these theories may occasionally win some money for their adherents, but consider:Randomly selecting any machine may work just as well.

We are after something a little more definitive.Let's look first at some of the characteristics of the different types of slot machines.

One of the attributes we will look for on any machine is the ability to play from one to as many as five coins without any penalty for playing less than the maximum number of coins.Why?Because we want the flexibility to adjust the size of each wager dependent upon the exact playing conditions we are facing at that exact moment.

This condition knocks out of contention any single coin slot machines.With a single coin slot, the only option we have is to insert a coin and pull the lever.It is a win or lose proposition, with no alternatives other than changing machines.To have the best chance of winning, we will demand the flexibility to vary the number of coins based on each individual machine's attributes.

With this one condition, we will rule out play on any of the single coin mechanical machines.This restriction is not too severe, as these machines can only be found in a few downtown casinos in Las Vegas, and scattered about other Nevada sites.

By requiring that no penalty be imposed for playing with less than the maximum number of coins accepted by a particular machine, we will also rule out a number of multipliers which do impose this penalty.We will not want to play on any Option Multipliers (buy-a-pay) slots as these machines bring additional symbols into play with additional coins inserted so that with less than the maximum number of coins played, the number of winning symbols are severely reduced.

Less obviously, but using the same logic, we will reject playing on the Multiple Pay Line machines, which accomplish the same thing as the Option machines by bringing additional pay lines into play as additional coins are inserted.

A second condition we will impose is that the machine we select to play is a High Frequency machine.By high frequency, we mean that the machine has been programmed to pay off many lower payoffs more frequently rather than a very small number of higher payoffs.

Table 15 compares the hypothetical payoffs of Low and High Frequency slot machines.

Table 15.Comparison of High and Low Frequency Slots

If we look at the payoff schedules on these two machines, we don't have much of a clue as to which is the higher or lower frequency machine.Both machines have similar payoffs, and both machines will ultimately pay back 95% of the coins played.Having the benefit of using this table, we can see that the high frequency payer will return a higher percentage of the coins played on the payoffs of 20 coins or less.If we add the payoff percentages for all payoffs of 20 coins or less on the high and low payoff machines, we find that 94% of the payoffs on the high frequency version are for payoffs of 2, 10 or 20 coins, while only 77% of the low frequency machine payoffs are for 2, 5, 10 and 15 coin payoffs.

For our purposes, the machine paying 94% of its payoffs on payoffs ranging from 2 to 20 coins is the better machine, as it is more likely that we will hit one or more of these payoffs in short-term play.While the lower frequency machine returns exactly the same overall payback of 95%, it accomplishes this by making fewer lower coin payouts and concentrating a higher amount of its payback in the less frequently hit jackpot payoff of 1,000 coins.

In short-term play, we are not likely to ever hit the jackpot payoff.Since 18% of the slot's overall payback is represented by this jackpot, in simple terms, by not hitting the jackpot, our return will be reduced by 18%, a large percentage of the expected payback.

We discussed locations of slots in a general way in the previous chapter.We found that the best paying slots are located in the state of Nevada, and on the average, the lowest paying slots are in Atlantic City.Of course this is from your and my perspective.If you owned a casino, you would prefer the lower payout Atlantic City slots.

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Another aspect of finding the best slot machine is picking the best casino in the best location.Unfortunately, casinos are not very forthright on their exact hold percentages so that this task is not always that easy.

We can, however, refine our selection process somewhat without knowing the exact hold percentage of each casino.

First, we know that we should confine our play to casinos.Grocery stores, service stations, bars, airports and other non casino locations often have paybacks of from 50% to 75%.Your money will disappear very quickly if you decide to regularly play the slots at Joe's All-Nite Market.Needless to say, you should stick withlegal slot machines.If you decide to play illegal slots, who knows what extortion will be enacted on you.And you will have little recourse if you are cheated.

The airport slots at McCarran International Airport are notoriously tight, although I have been known to play them on occasion to enjoy a diversion not usually found in the airports of the world.An elderly neighbor of my mother had an interesting experience at the Las Vegas airport.His plane was already boarding when he hit a $100 jackpot on a quarter machine.Realizing that he did not have time to change the coins into bills, he began stuffing the quarters into every pocket he had.When he finally waddled onto the plane, with quarters bulging in every pocket, his pants fell down from the weight of the quarters.The entire plane gave him a round of applause.

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There are many theories about where the best machines are located in casinos.Some players believe that machines located at the end of aisle hold the key to fame and fortune, while others will swear by different locations.If you have ever read about slots, it is likely that you were treated to the author's pet theories about where the best machines were.

To try to separate truth from fiction, I devised a simple experimental approach.Playing with a group of friends who agreed to participate in the experiment, we played a number of casinos systematically and recorded the results.In order to limit the number of variables for each trip to a casino, we played only the same denomination machines, e.g. nickel, quarter, dollar or five dollar machines.Our only variation in these experiments was the location of the slots in the casinos.Each trial was at least at hour long, each player used the same session bankroll, and each player played at roughly the same speed.Over the years, I was able to accumulate a number of these trials.While admittedly deficient in a number of ways (for example we played on slots manufactured by different companies, rather than same company slots, and all of our trips were to Las Vegas so that we didn't 'sample' other slot venues), I feel that the results clearly indicate a pattern of placement of slots by the casino executives.

We refined the terms 'loose and tight' to include three categories of machines:

Loose machines were those whose estimated paybacks were from 97—99%.

Middle paying machines paid out at from 93—96%.

Tight slots paid out less than 93% of the coins played.

Let's apply these criteria to different slot denominations.

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This chapter continues and with specific information about where the best paying slots are found.Read about it in Super Slots!

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