Slots Odds

Calculating the odds that are given at a slot machine is a very difficult thing to pinpoint. First, the machines are not really programmed in such a way, but there is a way to determine how successful you can be at a machine. Casinos program a payout percentage into these machines, which can go up to 100%. The higher the percentage is, the better the odds are for you. If you are lucky enough, you might even come across a machine that pays out more than it takes in. These machines are referred to as loose slots, and are used to describe machines that pay out often, but don't give out a lot of money.

There used to be a strategy where casinos would place the loose slots near the entrance of the building so that others would see people winning at slots. Then, those people would go to the casino and try their luck at the harder slot machines. Since this technique has been figured out, casinos now mix up the machines so that no one knows which machines are which.

Now, let's get into the numbers. In essence, the payout of a machine can be correlated to how much you put into it. There are a wide number of credits that can be used in a slot machine, and they help determine what you get back. This is not to say that you are going to win because you bet more money, but it means that the casino is able to give you more since you risked more.

Granted, betting the maximum amount every time can end up being very costly. For example, let's say that you want to play for one hour, and that you pull ten times every minute. For a .05 credit slot machine, you'll only need 6.25 credits. Bump that machine up to a .25 credit slot, and you'll need 26.75 credits. If you take the jump up to a five credit machine, you'll need a baffling 145 credits if you want to play for an entire hour.

Knowing Your Odds

Now, there are some things that you can do to help your chances at slots. One thing that is nice to know is that there is a company that goes and audits online casinos to see how much they payouts are. Because of this, you can easily learn what company has the highest payout and the loosest slots. This can work to your advantage when you are looking to make some money.

Regardless of how you play, make sure you are aware of your odds and how they stack up against you. You'll be better prepared with that knowledge later on.