Is It Better To Bet Max On Slot Machines

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  1. Is It Better To Bet Max On Slot Machines Video
  2. Is It Better To Bet Max On Slot Machines For Sale
  3. Is It Better To Bet Max On Slot Machines Online
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  1. When deciding on the number of coins you should play per spin, keep in mind that more is sometimes better. If the slot machine gives you more than two times the payout when you put in two times the number of coins, for example, you should max it out instead of playing single coins because you increase your chances of winning a bigger pot, and the expected value is higher.
  2. Jun 14, 2018  It’s not an easy task to know how to pick a winning slot machine. But there are many tips and tricks you should know. Read them all in this article and get ready to win REAL MONEY on slots.
  3. Author and casino expert Steve Bourie takes a look at various types of slot machines and discusses when it is best to bet maximum coins on them.

Remember the movie National Lampoon’s Vegas Vacation, when gambling fever consumes Chevy Chase’s character, Clark W. Griswold? He goes on a losing streak to beat all losing streaks while his son, Rusty, wins four cars by playing the slot machines. Maybe Clark would have done better if he had read Probability For Dummies! In this article, you discover the basic ideas behind slot machines and how they work, so that you can get past the myths and develop a strategy based on sound probability.

Understanding average payout

When casinos advertise that their slot machines pay out an average of 90 percent, the fine print they don’t want you to read says that you lose 10 cents from each dollar you put into the machines in the long term. (In probability terms, this advertisement means that your expected winnings are minus 10 cents on every dollar you spend every time the money goes through the machines.)

Suppose you start with $100 and bet a dollar at a time, for example. After inserting all $100 into the slot, 100 pulls later you’ll end up on average with $90, because you lose 10 percent of your money. If you run the $90 back through the machine, you’ll end up with 90 percent of it back, which is 0.90 x 90 = $81. If you run that amount through in 81 pulls, you’ll have $72.90 afterward (0.90 x 81 = 72.90). If you keep going for 44 rounds, on average, the money will be gone, unless you have the luck of Rusty Griswold!

How many pulls on the machine does your $100 give you at this rate? Each time you have less money to run through the machine, so you have fewer pulls left. If you insert $1 at a time, you can expect 972 total pulls in the long term with these average payouts (that’s the total pulls in 44 rounds). But keep in mind that casinos are designing slot machines to go faster and faster between spins. Some are even doing away with the handles and tokens by using digital readouts on gaming cards that you put into the machines. The faster machines can play up to 25 spins per hour, and 972 spins divided by 25 spins per minute is 38.88 minutes. You don’t have a very long time to enjoy your $100 before it’s gone!

The worst part? Casinos often advertise that their “average payouts” are even as high as 95 percent. But beware: That number applies only to certain machines, and the casinos don’t rush to tell you which ones. You really need to read or ask about the fine print before playing. You can also try to check the information on the machine to see if it lists its payouts. (Don’t expect this information to be front and center.)

Implementing a simple strategy for slots

Advice varies regarding whether you should play nickel, quarter, or dollar slot machines and whether you should max out the number of coins you bet or not (you usually get to choose between one and five coins to bet on a standard slot machine). In this section, you’ll find a few tips for getting the most bang for your buck (or nickel) when playing slot machines.

Basically, when it comes to slot machines, strategy boils down to this: Know the rules, your probability of winning, and the expected payouts; dispel any myths; and quit while you’re ahead. If you win $100, cash out $50 and play with the rest, for example. After you lose a certain amount (determined by you in advance), don’t hesitate to quit. Go to the all-you-can-eat buffet and try your luck with the casino food; odds are it’s pretty good!

Choosing among nickel, quarter, and dollar machines

The machines that have the higher denominations usually give the best payouts. So, between the nickel and quarter slots, for example, the quarter slots generally give better payouts. However, you run the risk of getting in way over your head in a hurry, so don’t bet more than you can afford to lose. The bottom line: Always choose a level that you have fun playing at and that allows you to play for your full set time limit.

Deciding how many coins to play at a time

When deciding on the number of coins you should play per spin, keep in mind that more is sometimes better. If the slot machine gives you more than two times the payout when you put in two times the number of coins, for example, you should max it out instead of playing single coins because you increase your chances of winning a bigger pot, and the expected value is higher. If the machine just gives you k times the payout for k coins, it doesn’t matter if you use the maximum number of coins. You may as well play one at a time until you can make some money and leave so your money lasts a little longer.

For example, say a quarter machine pays 10 credits for the outcome 777 when you play only a single quarter, but if you play two quarters, it gives you 25 credits for the same outcome. And if you play the maximum number of quarters (say, four), a 777 results in 1,000 credits. You can see that playing four quarters at a time gives you a better chance of winning a bigger pot in the long run (if you win, that is) compared to playing a single quarter at a time for four consecutive tries.

The latest slot machine sweeping the nation is the so-called “penny slot machine.” Although it professes to require only a penny for a spin, you get this rate only if you want to bet one penny at a time. The machines entice you to bet way more than one penny at a time; in fact, on some machines, you can bet more than 1,000 coins (called lines) on each spin — $10 a shot here, folks. Because these machines take any denomination of paper bill, as well as credit cards, your money can go faster on penny machines than on dollar machines because you can quickly lose track of your spendings. Pinching pennies may not be worth it after all!

There can be a lot of confusion for new slots players when it comes to some of the different betting terms and options available. Here is a look into coin denominations and when you should bet max when playing slots.

This random element from the games is the same for you as well as our other players. With this generator in place, it’s impossible to know what’s going to happen and which symbols are going to land on the reels. Each game has a great element of chance (randomness). Free slot games kindle.

Coin denominations

The coin denomination you select on a slot game will reflect the value that each coin you bet will hold, whether it’s 0.01 or 1.00 (or sometimes even more), that is the value of each coin. Think of it as a penny, nickel, dime, etc. If you select a coin denomination of 0.01, then you can consider each coin you play to be equivalent to a penny. Slots that offer 0.01 coin denominations are often referred to as penny slots.

Coin denominations allow for a wider range of slot limits, thus, accommodating a wider range of players’ bankrolls. The value of the coin applied to the number of paylines you’d like to bet, and the number of coins you’d like to wager on each line, will give you the total of your bet amount.

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A maximum bet is an optimized bet of all possible paylines wagered at the highest number of coins per line possible. A true Bet Max is set at the highest coin denomination offered. Be careful though as sometimes a max bet can be as high as several hundred dollars per spin, though this is more common in online slots.

Megabucks by IGT is a perfect example of when betting max is essential - if you don't bet max you can't win the huge jackpot

Why bet max?

Bet Max simply means the maximum amount you can bet on a spin. Online slots players also refer to Bet Max as Maximum Bet or Max Bet.

There are many slot games nowadays that incorporate a Bet Max button or tab that automatically places the maximum bet with 1 click.

The reason that betting max is important in slots is because there are numerous games in which the Jackpot or the progressive Jackpot feature can only be won when you bet the maximum.

Is It Better To Bet Max On Slot Machines Video

This can dictate though, whether or not you can afford to play that slot in particular, because if your budget for a slots session is $50 and the maximum bet is $5, you’re not going to get value for money, as unless you run very hot, your kitty will be empty in no time.

You should always bet max when there is a possibility of getting to the free spins or bonus rounds. You should also bet max when you have the sole aim of hitting a progressive jackpot.

Is It Better To Bet Max On Slot Machines For Sale

A bigger slice of slot pie

High denomination slots have a higher fixed Max Bet than ordinary slots. More so, high denomination slots have higher payouts.

Is It Better To Bet Max On Slot Machines Online

Some slot machines pay out better when you play max bet. For example, on some 3-reel slot machines, if you hit a line of the top-paying symbols you might win (for example) 1,000 credits if you are playing a credit per line. However, if you had been playing maximum credits per line (for example, 3 credits), then the top win might rise to 10,000 credits.

Not betting max is often a big mistake

Generally speaking, it is always best to play the maximum bet when you play slots, whether it's online or in real world casinos. Wins normally pay out at higher multiples and many progressive jackpots can only be won via a max bet. If you have a smaller bankroll, rather than betting less lines or less coins, you should look for games with lower max bets. In the long term, this will be a far more profitable strategy.