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.
Nov 10, 2019 ★BIG BIG WIN with a Small Bet #2★BIG WIN$ PARADISE 💰☆You don't need to play Slot with the Big Bet☆ - Duration: 12:06. KURI Slot 25,359 views. May 18, 2008 5 dollar slot machines pay 1 dollar slot machines. 1 decade ago. Typically you may expect the return PERCENTAGE to be higher, howveer you are bettign 5 time the wager of a 1 dollar machine and that factor probibly outweight the reduction of house edge. So dollar for dollar the 5$ machine will cost more, but play for.
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).
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
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.
How Much Is A 5 At Slot Machines
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.
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Reason I like Bovada #4:
It's fair and safe
As always, the best way to avoid losing money by gambling is to not gamble in the first place. That goes double online, because online gambling is largely unregulated in the U.S. That means the casinos serving the whole U.S. don't answer to anyone. If you have a problem with a casino (like they won't pay you), then you're usually out of luck. I can't count how many players have written to ask me for help because they didn't get paid by some other casino. (Not that I helped them, it's not what I do—if a dodgy casino won't pay you then you're on your own.)
How Much Is Note 5 In Slot
So if you're intent on gambling online, then the #1 most important thing is to pick a good casino. The good ones know they make more money with fair games and consistent payouts than the dodgy casinos, because fair play means repeat customers and good word-of-mouth referrals. It's no coincidence that the most successful online casinos are the ones that focus on their customers.
Many casinos try to find excuses to not pay winning players, especially players who have won big. Outright cheating (rigged games) is pretty rare, but it happens. Either way, with the lack of regulation in the U.S., if you have a problem with an online casino, you're usually out of luck.
So all this is another reason why I advertise Bovada, and have done so for over ten years. They use industry-standard software, it's absolutely fair, and players get their payouts, consistently. I have a choice in whom I advertise, so I purposefully picked a casino with a good reputation where I'm confident my readers will have a good experience.
To be clear, Bovada's not perfect. Once they got duped by a bad vendor (Betsoft) who provided progressive slots whose jackpots weren't winnable. When I discovered this I alerted Bovada, and they pulled all the Betsoft games from the site, but I thought they were slow to do so and didn't offer proper restitution to affected players. (more on this) Still, even with this incident, their overall history is better than most; as just one example, there are many other casinos still offering Betsoft's questionable games.
Another good thing about Bovada is that they allow me to mediate if one of my readers clicks over to them, plays the games, and has a problem they can't get Bovada to resolve. My time is valuable and I wouldn't offer that service if I had to do it very often. I think I've gotten maybe one or two inquiries from affected players in the 14 years I've been advertising Bovada.
Bottom line: I'm confident that Bovada is fair and reasonably safe. You might have a good experience with another casino...and you might not. I trust Bovada, and that's why I picked them.
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