When you hit a jackpot, the amount you win is based on how much you bet. However, it oftentimes is not proportionate. Many machines use something called a multiplier to calculate your payout. For example, if you’re playing quarter slots, you may have the option to play 25 cents, 50 cents or a dollar.
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While there are many who will offer up their own secrets and tricks to beating the odds when it comes to slot machines, the reality of the situation is that a foolproof system simply doesn’t exist.
However, there are some strategies that many swear by that may increase your enjoyment of the game.
Taking Advantage of Multipliers
When you hit a jackpot, the amount you win is based on how much you bet. However, it oftentimes is not proportionate. Many machines use something called a multiplier to calculate your payout.
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For example, if you’re playing quarter slots, you may have the option to play 25 cents, 50 cents or a dollar. When you win a jackpot, you might get paid $2.50 if you bet a quarter and $5 for 50 cents, but a dollar bet will pay out $20. As always, when you sit down at your machine, make sure you’re reading all available instructions so you know you understand your bets. In many cases, placing the maximum bet will also give you the highest-proportioned payouts.
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Buy-a-Pay Slot Machine
Buy-a-pay slots can be tricky, so again, pay attention to the rules of our particular machine. Whereas many slots will allow you to buy more lines in order to increase your chances of winning, buy-a-pay machines allow you to buy combinations.
For example, if you play one credit, you will only win if the bar symbols line up. Play two credits, and you can hit the jackpot if either the bars or the cherries line up, while three adds the bell symbol in addition to the bar and cherry.
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So, if you’ve only paid two credits and you get three bells in a row, you’ll win nothing. Because of this, it’s generally advisable to bet the maximum on buy-a-pay slots in order to increase your ways of winning on any given spin.
Hitting Jackpots on Progressive Slots
You may have noticed a theme by now, but it’s often considered a good idea to bet the maximum amount on progressive slots, and here’s why.
Progressive slots are recognizable because of the large scrolling ticker positioned above the bank of machines. It shows a high dollar amount that is almost always steadily climbing upward. This is the top jackpot that you can win when playing these machines. The reason the dollar amount keeps increasing is because every time someone places a bet, a percentage of the money they put into the machine is sent right to the jackpot. The more people play, the higher the jackpot climbs.
The deal is, while everyone’s bets get applied to the jackpot, not every player can win it. If you’re not paying out the maximum bet with each spin, you are likely only qualified to win a smaller jackpot. Because the top prizes of progressive slot machines offer some of the largest payouts in most casinos, it’s often advised not to pay these unless you’re betting the maximum amount available.
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Also, bear in mind that when these jackpots climb into the millions and tens of millions, the odds of you winning that prize are roughly equivalent to winning the lottery.
Myths
How to plan a poker night fundraiser. As in any game of chance, there are plenty of rumors floating around that promise to be the key to certain victory over the slots. Here are a few of the most pervasive slot machine myths.
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- Machines run hot or cold. This is untrue, as each spin of the machine is completely randomized and takes no bearing from any spin before it. Each round, you have an equal likelihood of winning and losing. So there is really no such thing as a “cold” machine that is likely to keep losing or a “hot” machine that will keep paying out.
- Change machines after a jackpot – it’s not going to hit again for a while. This myth is similar to the last one, though incredibly pervasive. Again, because each spin is randomized, you have the exact same chances of winning each time you spin, regardless of how recently the machine last paid out.
- Each machine is programmed to pay out set percentage of money bet, so after it hits a jackpot, it is going to pay out a smaller amount for the rest of the day. There is no such percentage – each machine has set odds that do not change regardless of past payouts.
- There is a cycle of payoffs that each machine goes through – therefore, after it is completed, it will repeat the same pattern. Just as there was no percentage, there is no cycle. Each spin is random.
- Sitting down at machines in high traffic areas – those by the doors or aisles – are the loosest slots in the casino, and will pay off better than machines in corners or in the middle of a bank. The reason behind this extremely pervasive myth is that the casinos want its customers to see people winning to encourage more players. However, it simply isn’t true that you’ll get a better payoff at a machine near the casino’s entrance.
- Going into a casino during off-hours or slower days will give you better odds than you would get when the casinos are usually crowded. First of all, it’s just not that simple to change the programming on a slot machine manually. Usually, they need to have a chip manually replaced, which requires physically opening the slot machine. While, there are new slot machines that can be changed remotely, they are very rare, require specific circumstances to be legally changed and will display a notice after they’ve been serviced. Basically, the time of day you visit will have no effect on your odds of winning.