Slot Machine Jackpot Probability
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How to Win at Slots – 15 Actionable Slot Machine Tips & Tricks. For online slots nuts and enthusiasts, the flash of slots games are known for coming in a variety of themes, payouts, paylines and betting platforms, each featuring staggering arrays of winning potential ready to reward with the next big jackpot. Because the reels are independent events and each lever pull is a new event every time, your odds of winning a jackpot will remain 1:262143, even if you play for 12 hours straight non-stop. Probability is the branch of mathematics that deals with how likely an event is to happen. If you want to measure how likely you are to win a jackpot on a slot machine, probability is the way to figure that out. But the word also refers directly to that likelihood.
Today, the mathematics of slot machines. The University of Houston mathematics department presents this program about the machines that make our civilization run, and the people whose ingenuity created them.
Mathematicians first got interested in randomness by studying games of chance. Ever since, the histories of mathematics and gambling have been intertwined. Clever gamblers use mathematics to look for the smallest advantages, and casinos use sophisticated mathematical tools to devise new ways of drawing in players.
Indeed, a patent granted to the Norwegian mathematician Inge Telnaes in 1984 transformed the gambling industry. Prior to Telnaes’ invention, slot machines were essentially mechanical devices. Besides being difficult to tune and maintain, mechanical slot machines suffered from an essential problem: Let’s look at a machine with three reels, each with 12 symbols, with one of those 12 symbols a cherry. The likelihood of getting three cherries, and winning the jackpot, is 1 in 1,728. If the casino wants to make money, the jackpot payout should be, say $1,700 on a $1 bet. That does not seem attractive by today’s standards. However, the only way to increase the payout is to decrease the chances of hitting a jackpot.
Adding another reel is a possibility. For instance adding a fourth reel in the previous example would get us to a jackpot of about $20,000. But people do not like machines with more reels — they intuitively, and rightfully, feel that extra reels diminish their chance of winning. Another possibility is to put more symbols on each reel. But the astronomical jackpots you see in casinos today would then require truly enormous machines.
Inge Telnaes proposed a simple solution: Let a random number generator — a computer chip — determine the combination of symbols that appear when the reels stop. In other words, use a chip to control where the reels stop on a spin, but create the illusion that the wheels stopped on their own. The number of possible outcomes on the slot machine does not change. However, by reprogramming the chip, the operator has full control over the likelihood of each of the different outcomes. For instance, the operator could make the three cherries appear only once in a million spins.
This was a brilliant insight: Suppose I pick a number between one and a million. Would you be willing to bet that you can guess that number? The answer is probably not. But let a computer chip pick such a number, put the chip in a machine with blinking lights and spinning reels, and many people will be more than willing to make the bet. It is simply because what people assume is happening in a slot machine is very different from what is actually happening.
The Magician oil painting by Hieronymus Boschfrom between 1475 and 1480
The history of gambling is also intertwined with that of a less reputable group — tricksters and swindlers. In the long run, the only sure way to make money by gambling is to create the illusion that your opponent can win, while keeping the odds firmly on your side. And that gives those who know math a very solid advantage.
I'm Krešimir Josić, at the University of Houston, where we're interested in the way inventive minds work.
NOTE: In the example with three cherries, I assumed that one only wins in the case the spin results in three cherries, and there is no other winning combination. In actuality, there are typically many winning combination, and as a result, the jackpot would have to be even smaller.
The following story in Wired Magazine shows the drawbacks of the new generation of slot machines — they are easier to hack and to counterfit than their mechanical counterpart http://www.wired.com/magazine/2011/07/ff_scammingslots/.
Here is a more exhaustive discussion of the history of slot machines, and the random number generators within them http://catlin.casinocitytimes.com/article/non-random-randomness-part-1-1243. You may want to scroll towards the end of the article to read about how flaws in the design of gambling machine resulted in somebody picking 19 out of 20 winning numbers in a game of KENO — and doing so 3 times in a row. That person walked away with $620,000, but only after some controversy.
Both images are from Wikipedia. The slot machine image was taken by Jeff Kubina.
For more mathematics in everyday life, visitkjosic.wordpress.com.
This episode was first aired on September 7th, 2011
For online slots nuts and enthusiasts, the flash of slots games are known for coming in a variety of themes, payouts, paylines and betting platforms, each featuring staggering arrays of winning potential ready to reward with the next big jackpot.
However, you might wonder what it takes to beat these enticing machines, because developing an effective slot winning strategy is not always self-evident. After all, anyone can spend hours on the internet seeking the latest slot machine tricks to put more weight on their bankroll, and there are many slot machine strategy articles out there, but not to worry, we’ve got you covered.
The reason slot machines are an overwhelming favorite at both online and land-based casinos is because they require no skill to play. Slot machines utilize random number generator (RNG) software, so each time you spin the wheels winning is a random event.
Slot Machine Jackpot Probability Calculator
However, this doesn’t mean that there aren’t tricks to help you win at slots. Here are a few tweaks to help you up the pay percentages. Without further ado, see our tips to on how to win at slots!
Slot tip #1: Know your limits and play within your budget
Not setting a gambling budget is perhaps one of the most over-looked features in gambling, and one that we recommend you not avoid. To play slots correctly, it is critical to set a loss limit. Sure, casinos are highly entertaining places, and it is easy to let the gambling bug take hold, but without a loss limit you may end up with more spills than thrills if you can’t call it quits when the chips are low.
Stinkin Rich is one of the most popular slot for casino newbies
Players love to win, and studies have shown that when you are winning you are more likely to fail if you do not quite ahead of time. Before you head to the casino floor, set a loss that you can afford, whether that figure is $100, $200, $500, $1000 or more; if you’re having a bad night or even week, don’t exceed your limit, because the longer you play the better your chances are of losing your money. Never chase your losses.
Gambling is a great source of entertainment, and on a good night, there’s no better feeling than winning big, but be sure to play responsibly and not overdo it. Playing slots effectively takes patience, but if the rounds are not in your favor, do yourself a favor and take a break.
Probability Of Winning Slot Machine Jackpot
Slot tip #2: Keep an eye on the edge
Every player should be mindful of those every looming house edges, but for slots games this differs depending on where you play. On average, the house edge for real money slots games will fluctuate based on where you play and the type of slot machine you are playing, anywhere between 85-98%.
This factor relies greatly on manufacturer or slot machine operator, and can be found online for land-based slot machines with a little bit of digging, as casinos are required by law to keep a record of the payouts. However, if you are playing free slots online, then this factor is not exactly critical.
Slot tip #3: The higher the denomination the higher the payout
The numbers don’t lie, despite the fact that many nickel or penny slot machines will advertise true odds or over 100% pay percentages, in reality, you’re better off playing higher denomination machines.
It’s common sense, while penny slots only offer a fraction of return in dollars, it makes more fiscal sense to invest your time into higher denomination slot machines. Statistically their win potential is more favorable, and can turn that $20 or credit wager into hundreds, if not thousands, or in some cases millions!
Higher denomination machines are programmed with higher payout percentages simply because each wager is higher. Granted, the house odds still apply, and in terms of probability, the more you play on a given slot machine the more your inevitable payout will resemble the casino edge. However, the house edge does not take into account short-term anomalies, which means that after just a short period you could win big.
Slot tip #4: Bet maximum credits
Although you are not able to influence the outcome of the spin, one slot machine trick is to max your wagers. Betting maximum credits is the best slot machine strategy, because you do hit that winning payline combination you’ll receive the maximum amount of reward.
Statistically speaking, even if you are seeing minimal return, you don’t want to start out by betting small, because you are more likely to make up for losses if you continue to bet max and win. Because once that big win occurs, and it will, you will more than make up for lost dividends. Picture hitting a line multiplier or a bonus when you’ve already hit $700 on a winning payline, with max betting you’ll take your gambling bankroll to new levels.
Slot tip #5: Avoid progressive slots, play random jackpots
Gladiator slot offers a fair chance for huge jackpot
There is an unspoken rift between slots enthusiasts, which boils down to which type of slot machine is preferred, one with a fixed or a slot with progressive jackpot. However, we suggest going random; this is a fixed slot machine with a random jackpot payout.
In a nutshell, fixed slot machines have a jackpot amount that does not change, while progressive jackpot slots require more playtime and coin from other players. In other words, the jackpot of a progressive slot machine will fluctuate, i.e. increase or decrease, depending on how many people play that particular slot. It’s accumulative.
However, don’t be a fool and fall into the progressive jackpot pool, because your chances of winning are not good. Progressive jackpots might sound enticing, but the odds of hitting are astronomically high.
We suggest going random, because the best slot strategy is to choose a fixed machine with a random jackpot. Although many players will argue the way to become super-rich is to go progressive, on the contrary, statistics have shown that random jackpot slots have better odds than the lottery, while progressive slot machines can equal lottery odds depending on the frequency of play. In terms of winning, that is one heck of a long shot.
Slot tip #6: Sign up for slot or casino bonuses and rewards
If there is one thing that you wish to take away from these casino slot machine secrets, the number one seller that keeps players coming back to their favorite gaming sites are the added incentives, i.e. rewards for online players, and the best online casino bonuses available at their choice of casino.
One of the best things about playing slots is to take advantage of the latest casino bonuses offered. These benefits can range from new joiner bonuses, match deposit bonuses, free spins, exclusive VIP packages, holiday and weekly promotions and customized incentives. Loyal players can also sign up for player benefit or rewards cards, which determine rewards based on frequency of play, even if you do not win.
Our recommendation is to register for a player account when playing free or real money slots, because the rewards can be substantial; allowing your gambling dollar to stretch a lot further than playing without these bonuses and rewards offers.
After all, if you are going to spend your hard-earned money gambling, why not utilize bonuses when signing up. Some online casinos will even give you points back as cash, or offer customizable options. It is a surefire way to win at slots, giving you a more consistent percentage of return.
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Slot tip #7: Play around and don’t “tough it out”
If you’re on a slot machine that doesn’t seem to be paying out, then it really might be time to consider changing machines or switching to a different online slots game. The best slot machine strategy for a dread losing streak is simply to move on to a different slots game. Since each spin is a unique event, feeding more coins into a losing machine in no way increases your chances of winning, although technically it won’t hurt either.
However, browsing around and finding another type of game that varies based on payline or theme just might be the simple tweak you need to help break the cycle of loss. Toughing it out won’t do you any good, and can often be a waste of time, and in the worst case money. Slot machines are about feeling, not science.
Slot tip #8: Play the casino – not the slot
Location. Location. Location. This is often what you’ll hear a realtor tell you, however, you might not be aware that this also pertains to slot machines. For instance, did you know that if you are playing slots in the U.S., you can redeem some of the best value bonuses of any players throughout the globe.
When playing online it’s best to seek out the slots site or online casino that rewards you best, and many of them can be found with a little bit of digging. You can take advantage of the various factors offered at each casino, and find the one that suits you best, thus multiplying your bankroll tenfold and no strings attached or hidden red tape.
Pro Tip: be on the lookout for a slots site that offers many options, not a little, and if you do decide to seek out those bonuses, be sure to get ones with low wagering requirements as well as no maximum cash-out limits.
Unfortunately, many online casinos will try to trick online slots newbies with massive bonus offers or incentives, but the fact of the matter is that they will hide the big deposit required or playthrough requirements, or in the worst-case scenario offer absolutely no free slots options! If you are playing slots for real money, be sure to find a wager requirement of 10 times or less.
Many casinos have wagering requirements that can be as high as 50x, which means that for the case of say, a $100 deposit, you won’t receive your winnings or be able to withdraw until played at least $5,000 in bets! The phrase “max cash-out” tied to a bonus is also a bad one. There are few things worse than a casino putting a limit on how much you can win because of hidden limitations. It would be like winning a jackpot and only receiving a fraction in return.
Slot tip #9: Find a slot machine that suits you
50 Lions Slot offers huge winnings
Sometimes if you are uncertain, it helps to head to a land-based or choice of online casino and browse around. That is the beauty of playing options! If you are looking for games with a maximum jackpot or for instance, games that extend play with frequent small wins, then check the slot first before you decide to play.
Finding a suitable game is more than just picking a theme and style. To find out how to win at slots, you need to invest a little time into the payouts. After all, slots machines come in all sorts of platforms, but it helps to follow a few guidelines. For instance, classic three-reel slot machines tend to put more emphasis on their top jackpots, but will come at the cost of lower hit frequencies for winning combinations and more losing spins, simply because they offer less in-game features. In other words, these types of machines can give you the best chance to win big, but also a chance to lose fast.
Another example is video slots that feature touch/click screens for picking gift boxes or other rewarding game icons to reveal bonuses. Although these machines come with higher hit frequencies with many small wins for extended play, you are nowhere near getting a big jackpot, or at least it is more difficult to do so. Any slot machine that comes with a more stunning array of bonuses or free spins, generally video slots, will fail to deliver the caliber of jackpot as three-reel games do.
However, the best thing about selecting a slot machine that offers free spins or free games is that when you are utilizing the slots free games or free spins mode, you have the chance of winning anything from multipliers to the top jackpot, and at no extra cost! This is no guarantee however, because you could also walk away empty-handed with slots free spins.
Slot tip #10: Choose the best online casino
It should come as no surprise that there are a ton of different online casinos out there, and after doing a little research you’ll find that it might be difficult to find the right one. In fact, there are so many that you might simply feel overwhelmed, but if casino bonuses aren’t enough to add ammunition to your winning slot machine strategy, then you want to add slot game variety.
Only the best gaming sites offer a wide selection of games, satisfying the hardest of slot machine enthusiasts with layers of immersive game play. For slots, you want to find an online casino that runs the gamut of types of slot machines, from classic three-reel and fruit machines to the latest graphics and themes in video slots.
Keep an eye out for all ways pays, spectacular in-game features like free games and hidden features, doubling wilds, a range of betting options, and much more. All of these are critical in broadening the spectrum of chance on how to win on slot machines. Free play and practice mode help you improve your skills, so you don’t have to risk coins every time you choose to spin the wheels. More on that later.
Slot tip #11: Take advantage of no deposit codes
No deposit bonus codes are the online casino equivalent of free prizes. Have you ever been to your favorite retail store to find a “buy one get one” deal? Well, no deposit codes are even better. While many online casinos offer staggering bonuses and promotion options, whether daily or weekly.
No deposit bonuses are essentially free money. If you can find a code or offering that gives you a free chip or certain amount of spins without having to pay for it, then you’ve found the perfect chance to go all in and win money without having to spend a dime.
Sites that offer no deposit codes often require that you register for an account, but this usually cost zero money, so your chance to win at slots without the risk of losing real money is 100%. Do a little research, invest some time into finding this holy grail of casino bonuses, and you will not regret it. Or just simply pick the bonuses Slotu has specially selected for you!
Slot tip #12: Go free with instant play or practice mode
We all like to win at slots, but one of the best ways to enjoy slots and test your slot machine strategy is to play at online casino that allows you to play for free using and instant play feature or practice mode.
If you don’t feel comfortable risking your money playing slots, but want to develop an effective strategy on how to win on slot machines, then playing free is the way to go. It is the perfect way to study the paytables and get a feel for each slot game.
Our aforementioned slot machine tips will help you when playing in free mode, and are sure to make you an expert in not time on how to win on slot machines. It is a free lesson in putting the above tips into practice without the risk. The games are still highly entertaining thanks to the free spin features, slots with bonus rounds and multipliers, which vary for each slot machine.
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Slot tip #13: Mind the paytables and check volatility
Jak the Ripper Slot Machine Paytable
This pro tip is sure to help you stand out above the rest of the players, because the fact is that all slot machines have a set degree of volatility. What is volatility you ask? Slots with high volatility are machines that although do not pay out as often, but pay more when they do form winning symbol combinations. Slot machines with low volatility on the other hand will pay out smaller wins with higher frequency.
The true slot machine secret is always to bet high on a high volatility slot machine. The trick is to find these machines, which factors in a little bit of searching. A good place to start is to see each machines multiplier features, listed paytable and the top award. These usually are listed in the rules for online slot games or on the machine itself if you are playing at a land-based casino. The higher the multipliers and the top award means the higher the volatility, which is good. This industry secret is known amongst professional slots players, and is one slots machine tip that is sure to get you potentially massive wins.
However, this does not mean that you should avoid low volatility slot machines altogether as it is often better to bet lower i.e. on a lower denomination machine if your initial bankroll is small.
Once you have managed to build up a batter bankroll from those handsome high frequency payouts head over to the range of the high volatility machines and max your bets. You could be around the corner from a huge jackpot. Putting in the time to do your homework dramatically increase your odds to win that way you can avoid rookie mistakes and sucker bets.
Slot tip #14: The myth of loose slots
Slot Machine Jackpot Probability Jackpot
Perfect slot for casino beginners – Monopoly Slot by IGT
For our last slot machine “do” tip we bring you the myth of loose slots. We have all heard the stories of these fabled slots paying out big, but as it turns out this is actually more fact than fiction. Although it is hard to verify for online slots games, there is evidence to suggest that land-based casinos indeed do utilize slot machines that pay out more frequently and in higher numbers than other machines.
The question remains: where can you find these highly coveted slot machines? All industry insiders and casino experts are willing to say about loose slots is that they do not place loose slots machines close to one another. Our suggestion is that when you head to a casino play on slot machines on the ends of a row of machines.
There is a high chance that you will win more if you believe in the lore. An even faster method would be to befriend a casino regular, someone who knows the ins and outs of the particular casino that you are choosing to visit.
If they’re feeling generous, there’s a chance they’ll give you a loose slot machine tip. It wouldn’t hurt to give them a twenty if they turn out to be right. As for playing slots online, a good slot machine strategy would be to browse around. You never know, which one might be paying out with more frequency than the rest unless you try them out first hand.
Slot tip bonus: What not to do when playing slots
Don’t cheat. It’s that simple. With all of the real money that slots have to offer, some people think going the “easy” route to win at slots is to cheat. Although this isn’t really an issue when it comes to online slots, you might be surprised to learn that land-based casinos lose hundreds of millions of dollars each year in cheating, especially in slots.
Slots cheaters are looking for the fastest way to make a buck, and are willing to go to some outrageous lengths to accomplish this feat, from light-rods and magnets to devices known as “top-bottom joints”. Even the use of strings on old machines, cheating by manipulating chips on newer slot machine software or rigged inside jobs through by means of bribing casino employees have all be employed.
Even some operators have been caught rigging machines in order to swindle would-be winners of their hard-earned dollars. This is why implore you to use your common sense and to go with trusted land-based and online casino operations.
With today’s technology however, casino security is getting even better, and the top casinos have the means to catch cheaters in the act through use of face-recognition tech, infrared cameras, body sensors, and a list of the various devices used to blacklist any player with the guts to against the house through the use of illegal means.
In addition, the penalties are stiff with some cases of cheating, for instance in Nevada ending in multiple years in prison to the perpetrators. Our recommendation to win at slots is to do it according to the slot machine tips and tricks we’ve listed to earn big bucks the right way.
After all, there is no real reason to cheat, because the risk is not worth the reward. There is plenty of opportunity and ways how to beat slot machines legitimately, so why waste time trying to research nefarious methods.
Slot machines offer players a fantastic opportunity to win with each spin of the reels, through bonus offerings, incredible in-game features and line and bet multipliers, or simply winning by getting lucky the old-fashioned way. Slot machines are a phenomenal way to spend your time, offering hours of entertainment and chances to win big. Now that you know how to win on slot machines, it’s time to put your repertoire of skills to the test!
Happy spinning!
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