Slots Casino Odds Explained

When it comes to slots games there are so many variations today that figuring out your odds is nearly impossible. Instead, slots game odds are expressed in the form of payback percentages. As a player you want to search for games that give you the biggest payback percentage you can find, and online that should be at least 99% or better.

It’s rumored that brick and mortar casinos will even have loose slots games that pay out at more than 100%. The casinos supposedly place these games in high-profile areas so more patrons can witness someone hitting a big payday. There are none of these loose games online, but the average payback online is greater than the average you’ll find in any regular casino.

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For a nickel slots game the average payback percentage in live casino is 92.5%. The quarter machines pay back an average of 94.1%, the dollar machines 95.9%, and the high stakes $5 games pay back 98.4%. Online the overhead is much less than in a live casino, so payback percentages can be bigger without the house feeling the pinch.

Online, most casino slots games’ payback percentage is around 99%. With so many casinos to choose from, and if slots are your thing, you have to take the time to find the best games with the highest paybacks. It may not be a big difference during one session, but over the longer term of playing the game it will add up to a significant amount.

Progressive jackpots can increase the payback percentages of slots games because the jackpot amount considerably increases the potential win. If the jackpot is big enough, the return on a game can easily exceed 100% of the intake, thus giving the players a positive betting situation.

Just remember, when it comes to progressive jackpots, the bigger they are the better the payback percentage. Wait until the jackpot has grown to a good size before playing, and make sure that you remember to play maximum bet on any progressive jackpot game you play. If you don’t play max bet, you don’t qualify for the jackpot, and your payback percentage will go way down.

When it comes to numbers and odds with slots games, bankroll management is the thing to know. These calculations are simple enough to learn, one simply needs to start with figuring out how much money one has to spend on the slots. Once you know how much cash you have to spend then you can divide that up into playing sessions. How often you play a session will be different for every player.

It’s important for players to understand that playing slots online is all about being in the game as long as possible, so playing at the right stakes levels will ensure that you get enough time on the games to have a decent chance at hitting a big payday. All slots games slowly deplete your bankroll until that payday comes, so playing in games where stakes are too big will cause you to use up your bankroll before that big hit shows up.

Each slots game will deplete your bankroll at a different rate. One can expect to lose faster on a slots game that has a higher potential payout. When the potential payout is smaller, like in many three-reel games, that losing rate will be slower. One should balance their stakes with the losing rate to ensure that they have enough money to get through all their planned playing sessions without going broke.

On average, in a slots game with a payout of 90% where a player is taking ten spins per minute, a player will need $9.00 per hour played on a nickel machine, $45.00 per hour on a quarter machine, $180 per hour on a dollar machine, and $900 per hour on a $5 machine. Online payout rates are higher than the above 90%, but one will often play faster online, so these numbers should be good guidelines.

The most common bankroll management strategy mistake that players make is to not get out when they’re ahead. A predetermined amount should be decided upon and a player should get out of the game if their bankroll reaches or exceeds it following a big spin win. Stepping away at the right time is essential to having a winning session or not.

One of the worst things that many players will do following a big spin win is to continue to play just to get their credit total down to a round number. Don’t throw away money just to get an even figure payday. Some players will throw back a considerable amount just to play a little longer on the games.