Every casino game features a certain “house advantage”, which is also known under the term house edge. The latter represents the percentage advantage that the house holds against the player. A commonly-used tactics by most casinos is to advertise the payout ratio in order to attract new players.
The house edge in most slot machines is normally anywhere from 0.1%. The machines described as “loose” ones might pay players back 99.95%. The tight machines may pay back only 80-85%.
The only chance players have against the slot machine is to try making an appropriate betting strategy. The latter, however, is almost impossible to be made when it comes to slots. Still, following some principles will help players play longer and get larger payback for their bet.
As slots are currently one of the most popular games of chance, there are two basic betting strategies to be applied – a fixed bet strategy and a progressive bet strategy.
In short, the fixed bet strategy includes making a bet, which stays the same over the entire gameplay. The progressive bet strategy includes making a bet that varies depending on whether the player is winning or losing. Some experts recommend using the second strategy when it comes to staying at a certain machine for an extended gameplay. It can be used for the number of playlines or the multiplier.
As already mentioned, there is no real strategy that will prevent players from losing. However, there are some basic rules which, when followed, may prolong the gameplay and help players reduce their losing bets.
Determining the Bankroll before Getting to the Casino
The most important thing before the player gets in the casino is to carefully consider their plan and determine a fixed amount of money they are ready to lose. While considering their bankroll, every player needs to assume that they are going to lose their money, so they need to determine such an amount that will not hurt their budget. A good strategy is to also make sure they do not have access to any other money while playing.
Making a Difference between Various Classes of Slot Machines
One of the hardly known factors in the casino and gaming industry is that there are different classes of slot machines, and especially the fact that a lot of casinos use class II slot machines instead of class III ones.
It is exactly the class III slot machines that are known as the so-called “Vegas-style” slots. However, another class machines, known as class II ones, were developed to look and play very much like the Vegas-style ones.
Any machine that is defined in class III, which is located in a regulated gambling jurisdiction needs to be equipped with a Random Number Generator (RNG), which guarantees that every spin of the machine is made absolutely at random and the spins are not primarily predetermined.
The problem is that the contemporary class II machines look and play almost exactly like the ones of class III, but in fact are very different and side-step the law, as they are based around the game of bingo. The worst part is that class II machines are not completely random, which basically means that the player is actually competing against the casino. In addition, while winning the jackpot on every spin can happen when playing a class III machine, practically, this is impossible to happen on a class II one.
Make Sure the Casino Is Regulated and Independently Overseen
This rule to follow is tightly related to the previous one, because class II slot machines can be found in casinos that are not regulated. For example, in the U.S., most machines of this type can be found on Indian gaming reservation, where a lot of state regulations are not applied. Such casinos are often self-regulated, but there needs to be monitoring and control imposed by a third independent party.
Split Your Total Bankroll into Smaller Parts
After determining the total amount of their bankroll, the player should split it into smaller parts, which are often called session bankrolls. This can be done by taking into account the period of time the player has planned to stay at the casino. It is a good idea to split the entire bankroll into equal parts and bring only the amount needed for a certain session.
Players need to be careful not to stay longer than initially planned, and not to bring more money than they have primarily decided to.
Limit the Gaming Session Playing Time
The length of time for each gaming session is also an important part of the player’s considerations. They need to have in mind that it is not recommended for a gaming session to be longer than two hours, and the breaks between the separate gaming sessions need to be at least thirty minutes long.
Of course, two hours are the maximum time that should be spent playing, but every player knows best and are free to make their mind.
Find the Best Machines, Promotions and Bonuses
All casinos realize the importance of slot players for the business, which is exactly why they are doing everything possible in order to keep them. Before choosing a casino to attend, always make sure you consider the promotions and bonuses provided by different competitors. The rewards can vary, so finding out the best opportunities will help players make the best choice.
Watch out for the Speed of Play
The contemporary slot machines are getting faster. This is considered beneficial for the casino, because more spins mean larger income. So, one of the best strategies a player could follow is to make sure they slow down their pace when playing at slots. Do not use the speed-up button, and enjoy each spin – after all, this is what the game is about.
Do not Place Maximum Bet Unless Specifically Required
Usually, there are different amounts of coins that can be played at a certain machine. However, most experts recommend that the players should not play the maximum bet, unless this is a specific requirement that will allow them to qualify for winning the jackpot. Remember that most video slots machines’ payments are proportional to the number of coins wagered, and usually there are no special bonuses for making the maximum bet.
This is why players should take their time and study the machine they are playing at. Just sitting down and starting to spin the reels is never a good idea, so players should always make sure they understand all the payouts, special features, bonuses, and requirements set for winning the jackpot. If it is not required to play the maximum number of coins in order to qualify for the jackpot, they it is not necessary to place the maximum bet.
Consider the Denomination and the Set Payback Percentage
No matter that the randomness of class III slot machines is guaranteed by the Random Number Generator, this does not mean that the machines are not set to pay a certain percentage back. As explained earlier, every slot machine is set to payback between 85% and 99% of the money taken in.
Of course, it is hard for a player to determine what payback percentage is set to a certain slot machine. Still, there is a method that can help them find out which machine has the best payback ratio, by taking into account the denomination. As a rule, the higher the denomination, the larger the payback percentage. This is also why the player should not make the maximum bet unless there is a specific requirement to quality for the jackpot.