Attempting to pinpoint the odds for slot machines is a daunting task. With such a variety of machines and games available, the odds can vary a great deal. Generally slots odds are expressed in the form of a payback percentage. The closer to 100%, the better. Some machines even pay back at percentages greater than 100%, giving the lucky players who find them a positive expectation for winning. These “loose slots” are frequently mixed into the sea of machines on a casino gaming floor.
Like their land-based counterparts, online casinos are capable of producing large slots wins. Not only have the number of slots choices found in online casinos matched the variety found in traditional casinos, but their payout rates tend to be even higher. Online casinos can occasionally even break 100% in payout rates for a given month.
The Next Generation of Slot Machines
The slot machine revolution continues to rage at casinos across the United States. You’ve probably observed
it yourself. Traditional 3-reel slot games are being moved out, while glitzy video theme games with bonus
features, enhanced stereo sound effects, and dazzling graphics are being moved in.
Don’t be too worried if you’re a fan of such traditional favorites as Double Diamond and Red, White,
& Blue Sevens. They’re not going the way of the bars, lemons, and oranges just yet. But the reality
of the situation is that the research and development think tanks of slot machine manufacturers are
making an appeal to “Generation X”.
So it is with slot machines. Traditional reel game formats offer too much of a one dimensional, “pull tab”
experience to people in their 20s and 30s who are used to being bombarded with sensory technology. They want to be stimulated with sights, sounds, and colors, while also being given the perception of decision making.
The new slots are doing just that, particularly the “games for the new millennium”
All of them share common characteristics: They are visually attractive, they offer a multi-dimensional and
interactive playing experience, and the themes capitalize on characters that have been a part of baby boomer’s lives from childhood into middle age.
About Online Slot Machine
The result of each spin of a Slot Machine is determined randomly by a computer program, based on a percentage payout input by the casino (typically around 95% for online casinos). This means that for every $100 bet on the Slot Machine, it will pay out $95 on average over time. A common misconception is that once a particular machine hits a jackpot, it is less likely to do so in the near future, and vice versa. The fact is that each spin has an equal, mathematically-determined chance of hitting any particular combination.
The highest ratio payouts are usually attained by placing the maximum bet on a Slot Machine. This is especially true of most progressive slots games. So if you are unwilling to place the maximum bet at a high-coin machine, you may want to consider moving to a lower-coin machine and placing the maximum bet.
The phenomenon to be wary of with most casino games, and especially slot machines, is called the “churn”. You must decide when to stop playing and not simply blow through your entire deposit every time, unless your solitary goal is to hit a Progressive jackpot. The machine may be paying out at 95%, but if you lose $95 out of your $100 deposit, and then keep on playing and lose $90 out of your remaining $95 and so on, you may soon find yourself left with nothing. The upside is that you can win a sizable jackpot, and if you set some goals and know when to quit, you could do quite well.. on a lucky day.
A brief look at what a slot machine looks like: