May 15th 2007
Slots are one of the most popular casino games out there. In fact, most of the casino floor is taken up by slots machines and most of the casinos' profits are generated by slots. Thanks to the income that slot machines provide, casinos can offer other games with a low or nonexistent house edge.

The main thing that will influence your odds when playing slots is picking the right machine. Some machines offer good odds while other machines offer terrible odds and you should avoid them. To the untrained eye, all slot machines are the same. This may be true, but only when it comes to the external appearance. When you take a closer look you will notice that slot machines have different payout tables. You should choose a machine with a good payout table because this is the main factor that influences your odds. You will have better chances of winning if you pick a machine with a high payout percentage.

You will find that high denomination machines also offer high payout percentages. But in order to play such machines you will also need a large bankroll. Such machines are attractive and offer good odds, but they are not accessible to those with smaller bankrolls. The casinos offer large payout percentages on these machines because the large denominations more than make up for the high paybacks.

Slot machines usually offer these payback percentages:

  • Nickel machines have a 90% payback rate.
  • Quarter machines have a 93% payback rate.
  • Dollar machines have a 95% payback rate.
As you can see the payback percentages are better as higher denominations are used. This doesn't mean that you should rush in and play the first high denomination machine that you can find. Always take a look at the payback table before playing a machine. Never forget to do so. You might have the unpleasant surprise of finding out that the high denomination machine that you are playing has a terrible payout percentage.

If you do not know how much money to bring with you when playing slots, take a look at the table below. There you will see how much money you will need when playing a 3 coin, 10 spins per minute machine and always placing maximum bet for an hour. This is extremely useful when setting up your budget.

DENOMINATION BANKROLL ESTIMATION
5 cent Machine 90% payout - $9.00 93% payout - $6.75
25 cent Machine 90% payout - $45.00 94% payout - $26.75
$1 Machine 90% payout - $180.00 96% payout - $74.00
$5 Machine 90% payout - $900.00 98% payout - $145.00

Slots may be a game of chance, but that doesn't mean you cannot influence your odds. You will need luck if you want to win, but picking a favorable machine with an appropriate denomination and high payback percentage will increase your odds significantly. Sometime you need to give luck a little push, and this is the way to do it.

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