Tip #5. Don’t play multiple-payline slots – Although it seems like you have better odds when playing these machines, the payout rates aren’t as good as single-payline slots.
Tip #6. Only play the slot machines with the best payouts – Look for machines that payout between 95 and 99 percent and only play those. These are mostly $1 and higher machines. Research indicates that the $5 or higher machines have the highest range of percentage payouts. The payouts then decline as the machines become less expensive – from $1 machines followed by 50-cent machines, 25-cent machines, and 5-cent machines. You will often see signs that say “Up to 98% payback” indicating that they have loose machines. This means that over the long term the slot will pay out 98 cents of every dollar that is played. The “up to” phrase is important here. It means that a casino could have only one machine out of a bank of machines that is set to pay back at 98% in order to comply with the sign. If you find an area of slots with a sign without the “up to” you may want to give it a try.
Tip #7. Play non-progressive machines – Because the progressive jackpot machines are programmed to produce a higher number of reels and symbols, slot players are better off playing the flat rate machines found in good locations.
Tip #8. Play the highest denomination machines that fit into your bankroll – The higher the denomination, the higher the percentage of payout on slot machines. Typically, dollar machines return on average 95% with quarter machines returning 93% and nickel machines 90%.
Tip #9. A slow machine’s payout rate can change – All reel-type slot machines contain variant programming. This means the machine can pay out several percentage points above and below its standard payout percentage. For example, if a machine is programmed to pay out 96%, there will be times when it pays at 93% and other times when it pays at 98%. This may explain why the same machine can treat you good sometimes and badly other times.
Tip #10. All slot machines “dump” every now and then. – “Dumping” means that a machine has been paying out below its standard payout percentage for an extended period of time so it has to pay out money in order to returning to its average payout.
Tip #11. Play the maximum number of coins – The only way you can hit the jackpot on a slot machine is by playing the maximum number of coins. You will notice this when you look at the payout table on the machine.
Tip #12. Always use your slots card – Don’t forget to use your players card to take advantage of any comps (and don’t forget to take it with you when you leave). The reason why most people don’t do this is because they simply don’t bother to take the five minutes to register.
Tip #13. Play with coins rather than bills – Using coins takes longer and will slow down the pace of the game, allowing you to play longer.
Tip #14. Test every machine you play – Play a certain number of pulls or spins and gauge how the machine is responding. After you have played for a while, stop and tally what the machine has paid out. If you are at least breaking even – then stay and keep going (and keep monitoring). If you are not breaking even, change machines.
Tip #15. Try the machine next to you if yours is not paying off – According to industry insiders, the casinos never place two loose machines next to each other.
Tip #16. Develop a 6th sense when it comes to slot machines. – You need to get a feel for the machines before you decide which one to play.
Tip #17. Do not pick a favorite machine. – Many players play the same machine each time they go to a casino – especially if the machine has treated them well. This can be bad because if a machine is treating you badly then you will have a harder time switching to another.
Tip #18. Know when to stop – Discipline is necessary when gambling, regardless of which game you are playing. Decide how you will handle your winnings and losses ahead of time. If you are ahead, you could decide to pocket the winnings and just play with the original bankroll.
Tip #19. Determine yourself whether a machine is “loose” – The term “loose” is relative when it comes to slot machines. It varies from among casinos. Just because a casino says their machines are loose doesn’t mean they are a smart bet. Notice the payout percentages among slot machines at difference casinos and in different cities. Then educate yourself and decide for yourself whether a certain machine has an attractive payout or not.