Chapter Two: Is It Possible to Beat Slot Machines What Happened to Banked Bonuses. We cover the rise and fall of the banked bonus system in the 1990s, uncovering what involved winning at slots with this game mode and what ultimately led to its demise. Does It Pay to Chase Jackpots. To see how slots pay less than true odds to give the house an edge, let’s set up an example that’s as streamlined as slot odds can get, a game of the type used in the early decades after Charles Fey invented the three-reel slot machine in 1895. A hypothetical three-reel slot game with one 7, two bars, three cherries and four watermelons per.

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We all know that most casinos derive a large percentage of their revenue from slot machines. Yet, the most frequent question I get asked is, “Can slot machines be beat?”

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First, let’s define the word “beat.”

• In my opinion, a casino game can only be beat if a player can gain a mathematical advantage over the house. Some may feel otherwise. If a person went to the casino and played Roulette and came home with more money than they went with, they may feel they beat the casino.
• For me, this is not beating the casino. Even though that person won more than they lost they did it on a machine that has a built-in house advantage. That means that even though that person won, the casino is guaranteed to make money on that machine over the long-term.
• To beat the casino a person must find a mathematical advantage. For instance, if a player can learn to count cards in blackjack it is possible to gain a 1-2% advantage over the casino. If the player can maintain that edge they are in a position to beat the casino. Statistically, they have the advantage and the casino is not in a position to make money off of them over the long-term.

Let’s get back to the question at hand, “Can slots be beat?” Unfortunately, there is no secret system to beat the slots and in most situations the casino has the advantage and there is nothing a player can do to completely eliminate that. However, there are many things a player can do to reduce the “house edge.”

Now, let me tread carefully with my next statement to avoid giving my readers false hope. There are a few exceptions where there have been slot machines that were beatable. These have been few and far between but they did exist and may still be out there.

The key to finding a beatable slot machine is playing progressive jackpot machines. A progressive jackpot builds as players play the machine. When most people think of progressive machines they think about the large progressive jackpots that offer $1,000,000+. However, those aren’t the machines I’m referring to.

There are many slots that offer progressive jackpots at smaller amounts and conceivably some of these can be beat. Let me first say that the entire process is beyond the realm of this post, but I will do my best to explain the concept.

Example:

• Let’s say that we have a slot machine that is set at a 95% payback and has a progressive jackpot that starts at $1,000. As the jackpot starts to rise, so does the payback percentage of the machine. In other words, when the progressive rises to $2,000 the payback percentage may now be 96% and at $3,000 it may now be 97% and so on. Conceivably, in this example the payback percentage would be at 100% if the jackpot got to $5,000. At that point it would be an advantage play and would be considered beatable.

Before you race off to find a progressive machine that can be beat, here are a few things to consider. First of all, there are mathematical calculations that need to be done to figure out what is known as the “break-even point.” Again, those calculations and that discussion are beyond this article. Also, in order for the player to actually receive the benefit of the advantage, the progressive jackpot must be hit by the player. That is why the smaller progressives are targeted because the odds of hitting those jackpots are greater.

This article is to give the reader an understanding of what it means to be able to beat a casino game. In most instances slot machines have a built-in house advantage and are unbeatable. The best a player can do is try to reduce the advantage by implementing methods such as machine selection, bonuses, etc. Here is a great article listing some of these slot strategies.

However, for those of you who are holding out hope that there is a slot machine out there that can be beat, there have been machines that were beatable and I dare to say that there still are but realize it is no easy task to find them.

Learning how to win at slot machines is an elusive goal pursued by slots fans around the globe. While the flashing lights and colorful video sequences are enough to whet their appetite, most slots devotees won’t be satisfied until they’ve hit a progressive jackpot or two. In this article, we’ll look at some winning slot machine tactics and tips, as well as exposing some truths about the game that most players prefer to ignore.

The Cold Hard Truth about Slots

There is no magic formula for beating the slots. There’s also a reason why slots comprise the majority of any casino’s revenue: they take in more money than they pay out. If some way to “beat” slots actually existed, don’t think for a minute that casino management wouldn’t find a way to overcome or eliminate it. At the very least, they would just start banning anyone who used such a method.

At best, playing slots is a fun yet totally uncontrollable experience. Thanks to the random number generator installed in all modern video slots, each spin has the same chance of winning (or losing) as every spin before it.

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The best slots strategy is to admit that the game is a crapshoot. Once you’ve broken free of the superstitions that many players cling to, you’ll be able to enjoy the game with a more relaxed attitude.

Since Charles Fey invented the slot machine in the late 19th century, players have been trying to figure out how to gain an advantage over the house. Some have developed elaborate methods of cheating, others have resorted to flawed slot systems, and even more have utilized the slot machine tactics discussed in this article.

Please note that slot machine tactics will not magically allow you to determine where the symbols line up on any given spin; no expert or system can make that guarantee, and if they do they’re lying. However, there are numerous slot machine strategies that will allow you to maximize your fun and get the most out of your bankroll. While you might not win more, there’s a strong possibility that you’ll lose less. For most players, that’s an edge worth pursuing.

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Chasing Payout Percentages

The payout percentage on a slot machine is the amount of money it will pay out over its lifetime. For example, a slot with a 95% payout percentage will pay back 95% of the 100% that’s deposited into it; the house will wind up with a 5% profit. These are long-term estimates, however, meaning that anything can happen in the short term.

Slots traditionally offer a payout percentage ranging from 82% to 98%, although the exact number can vary depending on state laws. If a player can find out the exact payout percentage of multiple slots, he can then choose to play the machine with the higher expected return. Unfortunately, there are two major stumbling blocks to this tactic. First, a machine with a higher payout percentage may not pay significantly more in the short term. Second, casinos tend to be secretive when it comes to releasing these figures. However, if you do find a slot with a 98% payout percentage, you’d be a fool not to try it

Tips for Beating Slot Machines

While there’s no way to guarantee a successful slots session, there are other ways to leave the casino a winner. Chief among them is maximizing the amount of fun you have, and this often goes hand-in-hand with making your bankroll last as long as possible. The following tips are designed to help you do just that.

Bankroll Management – It’s difficult to beat a slot machine if you’ve run out of money. That’s why learning how to manage your bankroll is the most important skill that any player can develop. First, calculate how much money you can afford to lose. You need to be honest with yourself during this phase, as you don’t want to spend funds that are needed elsewhere (such as credit card payments, rent, etc.).

Second, make sure that you only take this amount of money with you to the casino. If you’re playing online, only deposit an amount into your account that you can afford to part with.

Don’t Be Afraid of Switching – Some players will spend hours pumping coins into the same machine, even if they’re getting nothing in return. This is often because they’re afraid of walking away from a slot that’s about to get “hot.” Don’t fall into this trap. If you lose continuously at a specific game, don’t be shy about getting up and moving to another machine. Your luck might not improve, but at least you’ll get a change of scenery.

Know the Slots – If you’re going to play a slot machine, it’s important to be familiar with it. How many paylines does it offer? What is the maximum bet? Older machines will have the winning combinations printed on their front, while most video slots will provide you with the same information by pressing a button. You should never let ignorance about a game interfere with your enjoyment.

Find the Perfect Slot – One of the best ways to beat a slot is to find a game that suits your needs. Do you want to play for a long time without spending a lot of money? If so, then you may want to stick with penny slots. Do you want to risk more money for the chance to hit a major payday? If this is the case, then you’ll want to check out the progressive jackpots at the casino. Just remember that online casinos and brick-and-mortar establishments have slot machines that are perfect for every player (unless your definition of “perfect” is a machine that pays out with every spin).

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Play Max Coins on Progressives – Some gamblers will tell you to always play the maximum number of coins, but this isn’t always necessary. Many of the lower-end slots will provide decent paydays even if you’re making smaller wagers. The major exception is with progressive slots, where you do have to make the maximum wager in order to be eligible for the top prize. If your bankroll can afford it, this is a chance to become a millionaire within a matter of seconds.

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Facing the truth about the randomness of slot machines can be deflating at first, but it will set you free in the long term. By managing your bankroll, picking the right machine, and using a little common sense, you can win at slot machines even if you leave the casino with empty pockets.