3 ways to play slot machines (part 3) :Managing Your Money

How to play Slots

Contents

Part 3 : Managing Your Money

1: Know your limits.

Okay, now it’s time for a disclaimer: you must know your limits and stop playing when you reach them. Before you start gambling, determine how much you can afford to lose and how much you will leave if you win. Both are equally important as they will help you to know when to stop gambling.

– Getting greedy or betting more than you can afford to lose are two of the biggest pitfalls when playing slots. A fun, relaxing experience can turn into something that makes you lose your hair. Proceed with caution.

2: Walk into a casino with only the money you want to play with.

Leave your credit or debit cards in a safe at home or in your hotel room so you don’t want to overspend.

– If possible, save your money for the night. Tell yourself that you will only spend a certain amount every half hour. If you get up at the end of those 30 minutes, you can bank your profits (and keep using the original amount!). If you run out of money, you can bank it. If you run out of money, you wait until the next half hour or so to continue. The night will go on for a long, long time.

3: Choose the lowest possible denomination for the slot machine you want to play.

This will allow you to play the slots for longer and maximise your gaming experience. If you’re considering a budget, then literally buying a payout and progressive machine isn’t the best option for you. Stick to multi-line games or multipliers.

4: Choose the slot machine with the highest payout rate.

The higher the percentage, the better your chances of winning. These amounts should be clearly displayed on the machine and range from 80% to 98% – the higher the denomination of the machine (e.g. 1 cent), the higher the payout.

– Note that the payout figures may apply to a group of machines rather than a single unit (as in progressive play) and that not all machines in the row will pay the same. You may need to observe other players gambling for a period of time to determine which slots are a better choice.

– For clarity, a 98% payout means that you will win 98 cents for every dollar you spend. That is, if you’re going to spend most of the decade there.

– The machines in Vegas allegedly pay even more. But remember, it’s for the long haul. The machine has the same number of combinations every time you make a turn. If you win or don’t win on a spin, you have the same chance of winning or not winning the next time.

5: Pocket any prizes you earn.

 Never play your winnings, as this goes against your starting strategy of only playing with the money you set out to spend when gambling. Even though instant gratification is a wonderful thing, you will go home feeling like you have money in your pocket instead of the extra 20 minutes you needed to spend at the casino.

– When you get home, put your winnings in a jar. The next time you go to the casino, take your money out. If there is nothing in the pot after a few visits, either reduce your spending or reduce the number of visits you make in any given time period. Or wait until the casino sends you a free game by email!

TIPS

  • If you have a player card, use it! It is the only way the machine will know it is you and will compensate you points accordingly. It will also notify the casino that you are on the property and make you eligible for tournaments, giveaways and promotions.
  • Research winning strategies before visiting the casino. There are many books or online tutorials available to help you get the most out of your gambling experience. However, be aware that some, if not most or all, are scams. Casinos do not offer slot machine courses, so it is your responsibility. Learn how to make money!
  • Most machines display the rules on the outside of the machine or have a help section that you can click on to read if you are playing online. If you don’t see these, ask the casino’s slot machine attendant or call customer service if you are playing online.
  • The gambling environment is full of superstition and myths. Don’t get caught up in the idea of hot machines or cold machines as it is not based on fact. Each machine in the casino has a computerised brain that can determine whether a spin will pay or not based on an instant, and nothing you do will change the outcome.
  • If you are an average player, or have been playing for hours or even days, consider the host service. A host is a casino employee whose job is to make you welcome and offer various compensations or “bonuses” for your patronage and play. They may provide you with a room, food or other purchases for free, and can arrange free or reduced price tickets to shows, room upgrades and restaurant meals for you. You don’t have to be a big player to own or use the host; call the hotel receptionist and ask for the host on duty.
  • If you win the big jackpot, usually $20,000 or more, you will participate in a ritual at each casino: an attendant will come to shut down the machine, a supervisor will appear with the slot technician and the casino host will be known to you. The technician will check the machine for defects and that the jackpot is “proper”; the attendant will record the activity in the machine’s log; the monitor will check their film to review your activity and make sure you are not trying to manipulate the machine, and the supervisor will coordinate everything and give their blessing. They will then ask if you would like a cheque or cash or both. They can also take your photo if you wish [photos are not normally allowed in the gaming area]. If you are leaving, security will be there to escort you and prevent onlookers from harassing you or asking for money. Stop and enjoy the moment, and try to gather your wits so you can decide what to do next. If you plan to continue playing, consider winning by cheque, ask for an envelope and stamps, put the cheque in the envelope and send it home. That way, no matter what happens next, there will be a love letter waiting for you when you get home.

How to play Slot Machines FAQ

They can change it remotely, but Gaming Commission rules prohibit them from doing so while the machine is in use.

No. The odds are programmed into the machine as it’s introduced to the casino floor and may be changed at periodic intervals, but not during play.

Speed will not have an effect on your results, as slot machines depend on luck.