Being a successful slot machine player is impossible. All slot machines are specifically designed with the intention to give the house a long term edge, so the house will always come out ahead for those who play lengthy enough. The only real way to counteract the house edge on slot machine games is to play a game with a really big jackpot, guess the max every time you play, and hope that you hit the jackpot. Then while you do hit the really big jackpot, guess what you do subsequent? Stop taking part in that game.
Don’t get me wrong. I am not saying that you just should not play slot machines. In actual fact, I think slot games, particularly the really good ones, are plenty of fun. But you want to keep within the forefront of your mind that mathematically, what you’re doing while you’re enjoying a slot machine on a long term basis is paying for entertainment. You can calculate how a lot you’re paying for that entertainment by multiplying the house edge times your average bet occasions your number of spins per hour.
For instance, for those who’re taking part in a slot game with a payout of 95%, then the house edge is 5%. (The casino keeps 5% of each guess you make lengthy term.) And if you happen to’re average wager is $three, then you’re going to pay a median of 15 cents per spin to the house. (5% occasions $3.) Assuming you’re making 500 spins per hour, that game prices you $75/hour to play, which might or is probably not a reasonable price for you entertainment. That will depend on your bankroll.
Something else to factor into your calculation is how a lot the perks and bonuses you’re getting back from the casino are worth. If you’re playing in a land-based mostly casino the place you’re getting free drinks while you play, then you can subtract the price of these drinks from you’re hourly cost. (Or you may add the cost of these drinks to the worth of the leisure you’re receiving–it’s just a matter of perspective.) My suggestion is to drink top-shelf liquor and premium beers as a way to maximize the entertainment worth you are receiving. A Heineken can value $4 a bottle in a nice restaurant. Drink two Heinekens an hour, and you’ve got just lowered what it prices you to play each hour from $seventy five to $68.
Slot clubs additionally give back a proportion of your losses every hour, so definitely make sure you be a part of the casino’s slot club and ALWAYS use your card to track your play. There’s absolutely no reason not to do this. Casinos additionally reward their bigger slot players with comps like meals, show tickets, and free rooms, which all add as much as reduce the sum of money you are spending each hour that you just’re playing on their machine.
So easy methods to be a profitable slot machine player? I would sum it up by saying know how much it’s costing you to play every spin and every hour, take advantage of all the comps and the perks, and go for the big progressive jackpot.
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