© http://www.theslotsking.org/wp-content/uploads/2010/04/wpid-1272310738 Slot Machines
© http://www.theslotsking.org/wp-content/uploads/2010/04/wpid-1272310738
Chances of a slot machine paying out
Firstly, it is important to understand the likelihood a slot machine actually has of paying out, because this helps you to make a more informed decision on the best slots to play on. Most slot machines are required by law to operate under particular payback percentages.
This is when the owner of the slot machine sets the odds of a player having his money returned. Most operate between a 85%-95% return rate, meaning that over a period of time, the machine is required to payback at least this amount of the money which is put into it. This may sound like good odds. However, these percentages apply to games played over a period of weeks, perhaps months.
Therefore, it could be the case that when you start playing on a slot machine, it is slightly below its payback percentage, meaning your chances of winning have reduced significantly before you have even started.
How often do slot machines payout jackpots?
It is also important to understand how slot machines actually work. Some have levers which are pulled, some require you to stop each individual reel individually, and, as of recent, touch screen lot machines are becoming increasingly popular.
However, no matter how you operate a slot machine, it is vitally important to understand that stopping the reels manually or allowing the computer controlling the machine to stop them has no difference in the outcome.
This is because, as mentioned above, slot machines are programmed to pay out certain amounts of money, meaning that having fast fingers is of little help when playing them! Both might produce the “nearly effect” or a “tease”, which is when several of the same symbol turn up within the same row but one is missing in order to achieve a payout.
However, this does not mean that the machine is close to paying out. All slot machines are programmed to produce results like this in a bid to tempt more money from a player.
Gambling lots of money guarantees winning at slot machines?
Slot machines are just like any other game within the Casino, and the more money played into a slot machine, the higher the chances of a payout. On the whole, higher denomination slots are more likely to produce a payout, since the casino will want those who play on the more costly machines to continue playing. This means the casino earns more money per play. However, anyone can momentarily reduce the house’s profits by winning a significant amount. If you are lucky, of course!