Sep 05, 2018 What about slot machines makes them such reliable money makers? In part, it has something to do with casinos’ ability to hide their true price from even the savviest of gamblers. The price of a slot.
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.
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
High Frequency Payoffs | Low Frequency Payoffs | ||
Payoffs | Percent of Total Paid Out | Payoffs | Percent of Total Paid Out |
2 | 20% | 2 | 10% |
10 | 49% | 5 | 10% |
20 | 25% | 10 | 25% |
100 | 1% | 15 | 32% |
1000 | 18% | ||
Total Payoffs | 95% | 95% | |
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.
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.
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.
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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Have you ever wondered which slot machines have the best odds? If you’ve ever played at a land based or online casino before, then you probably know that there is a huge amount of machines to choose from, and this can be a bit daunting and confusing for a lot of people. Sure, some people just pick the games they are most attracted, however there are others who are in it to win it, and could really care less about the machine’s appearance or any of its other unique qualities. For those whose only objective is to win, it’s important for them to understand that there isn’t any magic winning machine out there that will guarantee wins all the time. If that were the case, everyone would be playing them, and the casinos would be out of business in a heartbeat.
Regardless if there isn’t any so called “always win machine”, there are some out there that have better odds than others. If that’s the case, which ones are they? As simple as it may sound, it’s actually quite the opposite. Keep in mind, slot machines from regulated casinos use a sophisticated software called a Random Number Generator (or RNG). The purpose of the RNG is to make sure all the spins occur randomly. Because of this software, it’s impossible to be able to detect the outcome of each spin. Even with the RNG in place, you still get a payout percentage. In fact, in this article we’ll be discussing which slot machines have the best odds and pay the best.
Types of Slot Machines
Before we start discussing which slot machines have the best odds, it’s important to know what types of slot machines exist, especially since there are so many different kinds. For example, some machines feature personal jackpots, whereas others are equipped with progressive bonus rounds. Aside from the that, you also have machines with different styles, such as classic and video slots. With that said, let’s go ahead and take a look at some of the most popular machine types.
- Video Slots
Video Slots are the modern day slot machine. They are equipped with virtual reels that are powered by electronic computer technology. Many of the themes are inspired by famous television shows, movies, bands, etc.
- Reel Slots
Are the original machines that use physical reels as opposed to the virtual reels we just mentioned previously.
- Single Line
The most basic type of slot machine because it only uses one single payline. Nowadays it’s becoming more difficult to spot these machines, especially with the growing popularity in the video slots that offer more than one payline.
- Bonus Round
Whenever certain symbols land on specific reels, a bonus round can be triggered and they can range anywhere from free spins to games you play and receive a reward from.
- Multi-Denomination
Are simply slot machines that offer a wide range of betting options. These can be anywhere from a single penny to a hundred dollars.
- Multi-Line
Machines that offer more than one payline. They typically have 30 lines, however there are some that have more.
- Progressive
When a percentage of your bet goes towards a jackpot each time you make a bet and spin. The jackpot continues to grow until one person is lucky enough to win. This means that there is more than one machine connected to the jackpot, and that everyone playing on them is contributing.
Which Slot Machines Pay the Best
As we discussed earlier, there are no slot machines out there that can guarantee wins, however there are some tips on how to discover which slot machines pay the best. Below are 6 tips on what you should consider when trying to find the right machine for you.
Which Slot Machines Are The Most Reliable Money
- Location
It is said that casinos like to put their tight machines that offer large payouts in a central location. The reason they like to do this is so that people will be able to spot and notice their jackpots more easily while they are walking by. True, they are very popular to play on, however they are difficult to win on.
- High Denominations
Usually the chances for payouts are greater on machines where you can make higher bets, as opposed to those where the maximum bet allowance is low. For example, some Penny Slots have a payback percentage at about 85%, whereas you can sometimes find slots that have a higher betting denomination with a payback percentage at around 95%.
- Small Jackpots
In general, the bigger a potential jackpot is, the harder it is to be able to win. That means it’s usually easier to win jackpots that have a lower value.
- Learn the Paytable
First and foremost, before you start playing a machine, make sure you fully understand all the rules to the paytable. This will help you understand what the symbols represent as well as the combinations you need to have in order to win.
- Appealing Slots
Find slot machines you enjoy playing on. Win or lose, it’s important to make sure you’re having fun. Keep in mind, luck has a lot do with being able to win. In that case, if you’re not having a lucky day, at least you can enjoy playing.
- Research
Which Slot Machines Pay Out The Most
Perform your own research online. From there you will be able to locate some websites that are able to point out the payout percentages for various slot machines.
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