How To Make Money In Slot Machines Las Vegas
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By Bill Burton
Over the last year, I have heard many players complain that they are not having as many jackpots on the slot machinesas they used to have. I first heard this from a few of my friends who said they believed that the casinos were tightening the machines because the bad economy was forcing people to make fewertrips to the casino. I did not pay too much attention to this but then I started to notice other players posting the same opinions on several Internet forums.
It seems many of the players have come to believe that every casino was lowering the paybackpercentage on all of their machines.
A month ago I was contacted by a newspaper reporter from Colorado who requested an interview with me. He said he was writing a story about the casinos lowering the payback on the slot machinesthat were making it harder for the players to win. He wanted my opinion on the subject and he was surprised by my answer.
Why Players Win Fewer Jackpots
I told him I do believe that some casinos may be ordering new machines with lower payout percentages but I did not believe that this was the main reason why players may not be winning as muchas they used to. I gave him the following reasons for my answer.
Over the years there have been many myths associated with casino gambling. One of the most common ones is the belief that a casino can raise and lower a machine's payback with the flip of aswitch. This is not true because the slot machines have a computer chip in them that determines the pay back percentage. These are set at the factory.
In order for a casino to change the pay back, they would have to change the chip. In most jurisdictions, there is paperwork that has to be filled and submitted to the Casino Control Commissionfor each machine if the chip is changed. It is time-consuming and the chips are very expensive. For this reason, the cost of changing the chip in numerous machines on the casino floor does notmake economical sense.
Many of the gambling jurisdictions around the country require the casinos to report the overall payout percentages on a monthly basis. (California is not one of the States) These figures are amatter of public record and are published in some newspapers and gaming publications. I looked back on these figures over the last year and saw that there was very little change in most casinosaround the country. In some instances, there were even some of the payback percentages had increased.
A reason why some players feel that they may not be winning as often is the fact that many players are making fewer trips to the casino so they are not playing as many sessions. So because theyare playing fewer sessions they will see fewer big jackpots and fewer winning sessions overall. It is all proportional.
Some players may have decided to play lower denomination machines. Many of the nickel and penny slot machines have a higher hit frequency, which means you will have many smaller wins but not asmany big jackpots.
How To Help Your Payback Percentages
If you still honestly believe that your casino is lowering the return rate on the slot machines you have several courses of action. The easiest thing to do is to play the older machines. It isdoubtful that a casino would go through the expense of putting a new chip in an older machine to lower the return rate. You can try a new casino. You may find that your luck is better at adifferent casino and a change is your routine will let you enjoy some new experiences.
You can switch to video poker. It is the only machine game that will let you know the payback of the machine by readingthe pay table. However, if you do decide to try video poker, make sure you learn the strategy or get a strategy card to bring along with you when you play.
Switch to the table games. Playing table games is exciting and they offer a lower house edge than the slot machines. Many casinos give free table game lessons so you can learn the basics beforeyou sit down.
Let me close by saying again that I do believe that there will be some machines on the casino floors with lower returns, however, I do not believe that is as widespread as the rumors would haveyou believe. The casinos are in competition with each other for your business so they do not want to alienate the players by offering games where nobody can win.
As a customer/player you always have the option of taking your business elsewhere. The ultimate decision of where to play is entirely up to you.
Until next time remember, luck comes and goes...knowledge stays forever.
How To Make Money In Slot Machines Las Vegas Nevada
Seriously, my advice: play dollar machines - except Megabucks. The more money it costs to play a machine, the 'looser' the machine can be and still make enough money for the casino to keep the machine there. Megabucks is the exception, since enough people are drawn to it by the promise of a huge jackpot that the machines can be tighter and few people are going to notice, or care.
Second: don't listen to people who tell you things like, 'Play the machines that you can see from the entrances - they are looser so that people walking by the casino will see a lot of winners and come in to play,' or, 'A particular machine is 'due' to hit at any time.' The best example of a machine that was 'due' for years was one called Lion's Share at MGM Grand.
Slot Machine name is 88 Fortune.
How To Make Money In Slot Machines Las Vegas Casino
Any tips,suggesion or blog which suggest how to win from slot machine in Casino.
Indu,
Welcome to the forum! If you search around here, you'll find many suggestions on how best to play the slots. I'll start with a few of my own:
- Play video poker, where you can determine the house advantage (HA). It is generally less than the HA on regular slots.
- Look for progressive slot machines that 'must hit by' some number. If they are close to hitting, pound them to death.
- Understand that your overall likelihood of winning is not great. Other games in the casino often have a much lower HA. But, don't forget to factor in various casino comps, such as free slot tournaments, free drinks, free (or discoiunted) meals, and perhaps even free nites in the casino hotel. Yup, you might be 'down' at the machines, but these other 'perks' also have tangible value that help to balance out any losses.
I'm sure others will suggest their own comments. Don't take it hard if someone suggests stuff like, 'You can't win playing slots.' Heck, the casino has the advantage on all the games it offers. We know that already.
Best Slot Machines to play as per Gaming Revenue Report Nevada is MEGABUCKS and 1 CENT slots
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Woah.. what basis are you using for this conclusion? I suspect many here (myself included) would say Megabucks is the worst option for slots.
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Win PERCENT for Megabucks is highest in all slot categories.
Please let me know if my analysis is wrong.
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Check following link
px?documentid=12213
Win PERCENT for Megabucks is highest in all slot categories.
Please let me know if my analysis is wrong.
Without looking, I think the 'win percentage' is the casinos, not the players.
Without looking, I think the 'win percentage' is the casinos, not the players.
That's exactly correct.. that is the percentage of every dollar that the casino keeps.
But this begs another question for Indu. if you thought the 'win percent' meant the win for gamblers.. why would you consider playing something or try to figure out how to win at slots if you were only winning 8 - 15% of what you put in?
How To Make Money In Slot Machines Las Vegas Nv
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