If you have had a chance to visit a casino you have surely observed the extent of slot machines sprinkled throughout the casino floor. There are essentially two unique types of slot machines found in casinos a flat rate machine and a progressive slot machine. Flat-rate machines pay off a set amount and a progressive machine’s jackpot will continuously grow with each and every wager made until the jackpot is hit.
Find the best-paying machine
When you pick the game you’re going to play make an attempt to take your time and search for the machines that payout between 95% and 99%. This is not a surefire way of winning however as machines located adjacent to one another may seem to be identical in looks, but the programmed payouts can be very different. The advertised payout rate is an average for a group of machines.
Know when to cash out
If and when you get lucky enough to hit a jackpot, a large payout, or at any time you double your starting funds you should cash out. This is an important money management lesson that many gamblers never learn, though it is quite a simple concept – win and then play with your winnings!
Placing you Bet
As alluded to above it is very important to select machines with the highest payout rates. When you know and understand these payoffs you increase your odds of hitting a jackpot and making your gaming experience more enjoyable.
Most machines have payout schedules showing what combination wins and how much each combo pays. In order to hit the biggest jackpot players are usually required to place the maximum wager. Most casinos will reward you for placing a larger wager. If you were playing just 2 coins for example the jackpot payoff may be 3000 coins while if you were playing the maximum of 4 coins the jackpot would grow to 6000 coins. This approach will work for nearly all slot machines but if you feel awkward placing a maximum bet on a dollar machine for example then you should probably consider selecting a lower-value machine such as a quarter, a nickel, or even a penny slot machine.
