Las Vegas slot machines are known by a variety of names around the world. Slot machines in Australia are generally referred to as video poker, poker machines or pokies. In Japan it is known as pachisuro. In Britain, they are usually known as Fruit machines, Bandits and AWP (Amusement with Prizes)
Traditional slot machines are coin-operated machines with three or more reels, which spin when a lever on the side of the machine is pulled.
Las Vegas slot machines which are considered modern slot machines are designed to look and feel like the old mechanical models, but they work on a completely different principle. The outcome of each pull is actually controlled by a central computer inside the machine, not by the motion of the reels.
It was true when three-reel games ruled slot floors, and it’s true now when the large majority of games are video slots: Dollar slots yield a higher payback percentage than quarter slots, which may more than nickel slots, which pay more than penny games.That doesn’t mean everyone should rush out and play dollar slots. There are factors beyond payback percentage, including entertainment.
The positions the reels will come to rest on are chosen by a Random Number Generator (RNG) contained in the machine's software. The RNG is constantly generating random numbers, at a rate of hundreds or maybe thousands per second. As soon as the lever is pulled or the 'Play' button is pressed, the most recent random number is used to determine the result. This means that the result varies depending on exactly when the game is played. A fraction of a second earlier or later, and the result would be different.
What does all this mean, you ask? It means,
Las Vegas slot machines have one of the worst House Advantage. That means the odds are always in the slot machine's favor.
There is no reward for playing longer. Each play is an independent event with the same odds of winning or losing as every other play on that game.
Persistence doesn't pay off. The result of your previous play or series of plays doesn't determine what happens on your next play.
There is no way to tell which slots are wining machines. Slots are never 'due for a win' and they don't 'go cold' after a win.
The location of the slot machine, whether it's on the Strip, off the Strip or Downtown affects the outcome of a game.
Now, here is the news you don't to hear. There is really no strategy to out smart the slot machine. However what we can show you are some wining tips on playing slot machines.
One of the questions visitors to Las Vegas ask is, where are the loose slots. Loose slots are Slot machines with above-average pay outs.
It's a fact that Las Vegas Slots differ in their payouts. Generally the odds of wining any prize on Las Vegas Slot Machines are approximately 1 in 5. However the odds to wining a top prize on a red, white and blue slot machine, for example, are only 1 in 373,248.
Some slot games pay smaller prizes more frequently and offer more bonus games (Loose Slots). Other machines pay out more often in the middle and top prize categories. It's important to mention that the chances of winning smaller prizes on slots are greater than the chances of winning top prizes.
Tips for Wining Big on Slot Machines
Use your Player's club card
Play two-coin, three reel, one payline slot machines.
Stay away from three-coin machines unless they are progressive machines.
Don't play more than one machine at a time.
Always play the maximum coins.
Always play machines that show double up symbols.
Don't play nickel slot machines. (check the house advantage here)
The Slot Expert's Guide to Winning at Slots
Nickel Slot Machine For Sale
The Best Number of Coins to Play in Slots
| Type of Machine | Rules and Reasons |
|---|---|
| Progressives | Play maximum coins. If you play don't play maximumcoins, you're only increasing the jackpot for someone else with nochance of winning it yourself. |
| Straight Multipliers | Play one coin at a time. The payback and hitfrequency are the same regardless of the number of coins you play. |
| Bonus Multipliers | Play one coin at a time. The chances of hitting apayout with a bonus are so small, it's not worth the extra risk. |
| Buy-A-Pays | Play maximum coins. The increase in payback andhit frequency purchased by the additional coins can turn a terriblemachine into a good one. |
| Hybrids | Play just enough coins to activate all winningcombinations. Extra coins are rarely worth playing in amultiplier, and hybrids are multipliers when you're in themultiplying section of the paytable. |
| Hidden Buy-A-Pays | Play maximum coins. The feature activated byplaying the last coin frequently makes the last coin pay back over100%. |
| Multilines | Play one coin or maximum coins. Play maximum coinsif having winning combinations land on paylines you didn't activatebothers you, otherwise play one coin. |
| Multicoin/Multilines | Play one coin each on as many lines as you like. Play one coin on each line if having winning combinations land onpaylines you didn't activate bothers you, otherwise play one coin.If there's a Hidden Buy-A-Pay, play enough coins to activate it. |
Source: John Robison - www.Robison.CasinoCityTimes.com
Slots Machines House Advantage and Expected Lose
| House Advantage | For Every $100 bet, the player can expect to lose | |
|---|---|---|
| Penny Slots | 8%-12% | $8 - $12 |
| Nickel Slots | 6%-12% | $6 - $12 |
| Quarter Slots | 5%-10% | $5 -$10 |
| Dollar Slots | 2.5%-6% | $2.50 -$6 |
Take a different twist on the increasingly popular game of poker and play your favorite video reel games at most Las Vegas Casinos. Choose from the hottest Vegas video reel games and slot machines. You'll find all your favorites, plus progressives and video poker in a wide range of denominations. Video poker provides all the strategy of poker but at your own pace.
How To Play Nickel Slot Machines For Sale
Did you know...
The largest Las Vegas slot machine jackpot ever, was paid on a Megabucks machine at the Excalibur Hotel, for $39,713,982.25 on March 21, 2003. More Las Vegas Facts.
Do you know ... your chances of hitting a winning combination are the same on every spin.
The name “Penny Slot” is something of a misnomer. Most people who don't know better might assume that a penny slot costs a penny to play but that's not the case. For decades, the most popular slot machines in U.S. casinos were nickel slot machines. In the late 1960s, Bally Manufacturing developed an innovative machine called the Money Honey, a penny slot that could be played for up to five coins simultaneously. These multi-line machines that accepted multiple coins per line were a hit with players—despite the fact that they were playing more per pull of the one-armed bandit's handle.
The New Penny Slots Offer Extra at a Price
The new penny slot games offer their fair share of electronic excitement with such features as theme songs from popular game shows and movies, bonus screens, and special mystery payoffs. However, all of these extras come at a cost. The most popular games from the Japanese video conglomerate Konami including 'Race Driver' and 'Beat the Field' require a minimum of 50 coins amounting to a dollar per spin. Several other manufacturers have games with up to 16 lines that require up to 100 coins per spin—totaling a whopping 1,600 pennies.
While slot manufacturer IGT offers a penny version of its popular 'Megabucks' game that can be played for just a few pennies, for the standard 'Megabucks' machine, which is a $1 variety, the player must play three coins per spin, or $3. On the new 'Penny Megabucks,' the player is required to play the maximum of 300 coins per spin, so the price is the same.
The Odds Are With The House
These machines are built to be both fun and addictive. They require a minimum number of coins/lines to qualify for the bonus screens (where the bulk of the payoffs are made). Players must make sure to play enough coins/lines to get the payoff when a bonus hits.
For someone to play a 25-cent video poker game, they'll have to play five coins in order to qualify for a 4,000-coin royal flush. That's $1.25 per spin for a chance to win $1,000. On most penny slots offering payoffs of bronze, silver, and gold, the big payoff is much harder to win than the 45,000-to-1 odds on a video poker game. Plus, the player will likely risk $2.50 to $5 per spin to win it. That adds up.
The Psychology of Small Payoffs
Human beings are creatures of habit and thanks to the lure of instant gratification are prone to gamble. When players consistently receive small payoffs, psychology kicks in. The mind tricks itself into believing, 'Great, I'm winning,' when in reality, the player's initial deposit is usually being frittered away to nothing.
Penny slots have the kind of high hit frequency that ropes players in. As fun and exciting as the promise of winning may be, most of the time, the payoff is actually less than the initial wager on a spin. In other words, the bells and whistles go off on a regular basis but for small payoffs. For example, a player might risk something like 100 coins and only get a payoff of 18 coins.
Play Responsibly
The main issue with gambling in general—and penny slots, in particular—is that as a player, you mustn't forget that your personal bankroll is considerably smaller than that of the casino. Bear in mind that if you budget $200 for a trip to a particular casino where playing a penny slot takes 250 coins per spin, you won't get nearly enough spins to make a dent in the long-odds of hitting a substantial jackpot before your bankroll is exhausted.
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Fast Facts: Tips for Newbie Penny Slot Players
As with any form of gambling, playing the penny slot machines should be approached with caution.
How To Play Nickel Slot Machines Real Money
- Start by choosing just a few lines or just a single coin per spin.
- It's not recommended for players to automatically hit the maximum spin button.
- Read the help screen to find out how many coins it takes to have a bet on all the lines so you can better decide how many coins and credits to risk per spin.
How To Play Nickel Slot Machines
Overall, players should enjoy their slot play, but never forget that gambling is gambling—especially on penny slots. A handful of pennies is still a dollar per spin. If you're playing more per spin, you'll bust-out fairly often—and it can happen very quickly.