Being a winning slot machine player is impossible. All slot machines are created specifically to be able to give the house a long-term edge, so the house will always come out ahead if you play long enough. The only real way to counteract the house edge on slot machine games is to play a game with a really big jackpot, bet the max every time you play, and hope that you hit the jackpot. Then whenever you do hit the really big jackpot, guess what you need to do next? Stop playing that game.
Don't get me wrong. I'm not stating that you should not play slot machines. In fact, I think slot games, particularly the good ones, are a lot of fun. But you want to keep within the forefront of your mind that mathematically, what you are doing when you're playing a slot machine on a long term basis is paying for entertainment. You may calculate the amount you are paying for that entertainment by multiplying the home edge times your average bet times your number of spins every hour.
As an example, if you're playing a slot game with a payout of 95%, then the house edge is 5%. (The casino keeps 5% of every bet you make long term.) And when you are average bet is $3, then you're going to pay the average of 15 cents per spin to the home. (5% times $3.) Assuming you're making 500 spins by the hour, that game costs you $75/hour to play, which may or may not be a reasonable price for you entertainment. That is dependent upon your bankroll.
Another thing to factor into your calculation is simply how much the perks and bonuses you're getting back from the casino are worth. For anybody who is playing in a land-based casino where you are getting free drinks while you play, in which case you can subtract the cost of those drinks from you are hourly cost. (Or you can add the expense of those drinks to the value of the entertainment you're receiving--it's just a matter of perspective.) My recommendation is to drink top-shelf liquor and premium beers as a way to maximize the entertainment value you are receiving. A Heineken can cost $4 a bottle in a good restaurant. Drink two Heinekens per hour, and you've just lowered what it costs you to play each hour from $75 to $68.
Slot clubs also give back a portion of your losses each hour, so definitely be sure you join the casino's slot club and ALWAYS use your card to track your play. There is absolutely no reason not to do click this link now. Casinos also reward their larger slot players with comps like meals, show tickets, and free rooms, which all add up to reduce the amount of money you're spending each hour that you're playing on their machine.
Just how to be a winning slot machine player? I'd sum it up by saying know how much it's costing you to play each spin and each hour, make use of all of the comps and the perks, and go for the big progressive jackpot.
Don't get me wrong. I'm not stating that you should not play slot machines. In fact, I think slot games, particularly the good ones, are a lot of fun. But you want to keep within the forefront of your mind that mathematically, what you are doing when you're playing a slot machine on a long term basis is paying for entertainment. You may calculate the amount you are paying for that entertainment by multiplying the home edge times your average bet times your number of spins every hour.
As an example, if you're playing a slot game with a payout of 95%, then the house edge is 5%. (The casino keeps 5% of every bet you make long term.) And when you are average bet is $3, then you're going to pay the average of 15 cents per spin to the home. (5% times $3.) Assuming you're making 500 spins by the hour, that game costs you $75/hour to play, which may or may not be a reasonable price for you entertainment. That is dependent upon your bankroll.
Another thing to factor into your calculation is simply how much the perks and bonuses you're getting back from the casino are worth. For anybody who is playing in a land-based casino where you are getting free drinks while you play, in which case you can subtract the cost of those drinks from you are hourly cost. (Or you can add the expense of those drinks to the value of the entertainment you're receiving--it's just a matter of perspective.) My recommendation is to drink top-shelf liquor and premium beers as a way to maximize the entertainment value you are receiving. A Heineken can cost $4 a bottle in a good restaurant. Drink two Heinekens per hour, and you've just lowered what it costs you to play each hour from $75 to $68.
Slot clubs also give back a portion of your losses each hour, so definitely be sure you join the casino's slot club and ALWAYS use your card to track your play. There is absolutely no reason not to do click this link now. Casinos also reward their larger slot players with comps like meals, show tickets, and free rooms, which all add up to reduce the amount of money you're spending each hour that you're playing on their machine.
Just how to be a winning slot machine player? I'd sum it up by saying know how much it's costing you to play each spin and each hour, make use of all of the comps and the perks, and go for the big progressive jackpot.