slot machine (31661)
Slot machines have gone from a marginal game at most casinos to one of the main attractions. Slot machines have grown in popularity because they are so fun and easy to play. In addition to being fun, slot machines can be very lucrative to play if you approach them the right way. This article explores some simple slot machine strategy that will help you make the most money you can playing slot machines. So next time you head to the casino, keep these slot machine tips in mind.

Things You Will Need

-Spare money
-Risk tolerance

Step 1

Finding a Machine.
Before you start playing slots it is very important to stake out a good machine. Different machines are programmed to payout at different rates, and you want to maximize your chance of getting a machine with a good payout rate. Higher denomination machines payout at higher rates, with one dollar and five dollar machines often paying out in the 95 to 98 percent range. Since machines that take larger amounts of money payback more, always make sure to play the highest stake machine that you can afford with your allotted bankroll.
Once you decide on what stakes you are playing with, your next task is to find which individual machine you want to play. Different slot machines payout at different rates depending on their programming, slot machines that payout at high rates are called "loose" and are the machines that you are trying to find. Casinos spend lots of time and effort placing their loose machines where they will maximize profit. The idea is to place loose machines in highly visible areas so that people see and hear when people win, and are encouraged to keep on playing. The casinos then place lower paying machines is less visible areas so that once people are drawn in by the loose machines, they will spend their time playing machines that the casinos make more money off of. These are some good places to look for loose machines:
-Any machine on a raised platform. These machines are more visible from the whole casino than others, so they are more likely to payout.
-Machines in the area surrounding snack bars. Casinos program these to payout in order to lure people back onto the gaming floor; they make more money from slots than selling food.
-Machines near change counters. Casinos want people in line to see other people winning so that they get excited about playing, and get more money changed.
Casinos also place low paying slots in certain areas because they won't help win customers. You should avoid machines in the following areas:
-Around the bathrooms. If someone is waiting for their friend in the bathroom, they are probably going to play to pass the time whether or not the machines are paying out.
-Near the entrance. Casinos that placed loose slot machines near the entrance found that people never went any further into the casino, so they moved the loose machines further in.
-Near the table games, or sports/race betting area. People that play the tables, or bet on sporting events don't tend to play the slots very often, so the loose machines probably wouldn't entice them. Also the casinos stand to make more money off of the high stakes of tables and sports betting, so they don't want these people to leave to play slots.

Step 2

Understand Statistics.
Statistics can be very counter intuitive and it is important to have an idea of the numbers that drive the machines. There is a very common misconception in gaming that machines that haven't had a jackpot in a long time are due to hit one soon. This is absolutely false. Every spin is independent from the last spin, and the chances of any spin hitting are exactly the same as any other spin. Think of flipping a coin for example, every time you throw it the odds of getting heads are one to one. Even if you have flipped heads 1000 times in a row, the 1001st flip still has a 1 to 1 chance of landing on heads. Slot machines are no different, if you have been loosing on the same machine all day, change machines, the machine you were losing on is probably just a tight machine. Also keep in mind that the outcome of each spin is determined by a random number generator that is always running whether or not someone is playing the machine, this means that the split second that you pull the lever determines the outcome of the spin. So don't beat yourself up if someone hits the jackpot on a machine you were just playing, you would have had to pull the lever at the same second as them in order to hit the jackpot.

Step 3

Always Play the Maximum Bet.
On most slot machines you can only hit the jackpot if you bet the maximum amount. You can find a payout table on the front of each machine that tells you the payout percentage for each bet. If you can't afford the highest bet, play on a lower denomination machine where you can bet the maximum amount. If you don't bet the maximum amount you may hit the jackpot and only make a fraction of what you would have otherwise.

Step 4

Manage Your Bankroll.
Never start playing without a plan. Place strict limits on how much you are willing to lose, and never keep playing to try and recoup losses. It is also a good idea to break your bank roll into smaller session specific amounts, say you are going to the casino all day with 500 dollars, break it into $250 for before lunch, and $250 for after, this way you won't go broke a long time before the end of your day. Try playing only with your original bankroll, and pocketing any winnings, this way you will always have something left when you go home. Also always play with coins instead of bills, this will slow you down and keep you from burning through all of your money.

Step 5

Use a Rewards Card.
Most casinos offer a rewards card that lets you earn comps for playing at their casino. This may include free food, drinks, rooms, or shows. Reward cards are free and they don't take long to register, so there is no reason to not get one. If you are using a rewards card, even if you lose your entire bankroll, at least you won't have to pay for drinks next time you come.


Tips & Warnings

-Gambling can be very addictive and dangerous. Don't get too emotionally involved, or you may pay for it.
-Play for fun. There are better ways to make money than playing slots, so just try to have a good time, if you win, that's icing on the cake.
-Don't pick a favorite machine. Picking a favorite may make it hard to leave when you are losing. Base your play solely on performance.
-Try the machine next to you. Casinos don't place two loose machines side by side, so if you are playing a tight machine, the one next to you may be better.
-Talk to floor workers. They will often help direct you to the highest paying games because it will keep you at their casino over others.
*Picture provided by Corpse Reviver at wikicommons