Chances Of Hitting Jackpot On Slot Machine

Many people believethat a slot machine game is more fun than many other games in thecasino. If you’re a big fan of slot machine gaming, then you know howgreat the feeling of adrenaline can be each time you put a coin inthe machine, spin, and wait for the sequence to display. It can beempowering for every gamer whether it is done online or on aland-based casino. Slot gaming can be enjoyed by anyone irrespectiveof age, gender or gambling experience. This is why most casinos makea significant amount of their money from slot games. When you win atypical slot game, the machine typically pays you instantly. However,there are some situations in which the machine will be unable to payyou. In that case, someone who works in the casino will have to makethe payment to you manually. This is called Handpay.

What are the chances of getting a jackpot on a Vegas slot machine? Winning a $1200 jackpot on a quarter game, about 1 in 32,768, or worse. Figure 32 stops on each reel, three reels, one jackpot symbol per reel it is one in 32 x 32 x 32 = 32,768. At 4 quarters per spin you venture $32,000 to win that $1,200. Suppose you have a slot machine with three reels with ten symbols on each, and it only pays out when three cherries hit. The odds of winning that jackpot, as we determined earlier, is 1/1000. If we set the jackpot as $900, and charge $1 per bet, the payout percentage for that game will be 90%, or $900/$1000.

A Handpay in thecasino may be required under varying circumstances but the mostcommon reason is when the jackpot is more than the amount in themachine. This is why people prefer to hit Handpay jackpot. It offersthem the opportunity to win big at once and join the millionairesclub overnight. The good news is that just like with every other formof gambling, you can boost your chances of hitting a Handpay jackpot.Apart from the size of the earnings, the machine may not dispense ifit is faulty and the only way for you to claim your winnings will beover the counter.

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How To Boost YourChances Of Hitting The Handpay Jackpot

In the United States, any amount above $1200 qualifies for Handpay but the rate is higher in some other parts of the world. The slot machine will not dispense any amount above $1200. So, you will need to meet the cashier for your payment. Everyone who plays slot machine games hopes to hit this jackpot. To get this high-value payout, you need to use machines with a higher stake. The higher your stake, the higher your chances of hitting a Handpay jackpot. Those slot machines that require low amounts to spin usually have low jackpot amounts. So, the more you risk, the higher the reward you stand a chance to win. Make sure that you identify the high stake machines. This usually depends on the type of machine, and the gaming structure.

These high varianceslots are great. However, you need to know that there are some risksattached to using this type of slot machine. They are designedstrictly for high-value winnings and this means you will be unable tospin for low or medium valued combinations. So, if you don’t hit themajor jackpot, you will not hit any lower jackpot. You will simplylose. Most of these variance machines are also progressive slotmachines. These progressive machines promise major payouts but thechances of winning are similar to the chances of winning a lottery.It might be hard but it is going to be large.

You can figure outwhich slot machines are progressive if you move around the casino andcompare the jackpot values of the machines. Of course, you can alwaysask an attendant for details to save time. Another way to get thisinformation is through a simple Google search. If you find aprogressive slot machine, find out how close it is to hitting itsguaranteed payout amount. If it isn’t far off, you should spend yourtime and money gambling on that machine for a higher chance to winbig.

Another thing youshould look out for when picking a slot machine is the return toplayer (RTP) rate. This is one-way players determine how likely it isfor the slot machine to pay them. Most machines have RTP rates thatrange from 80% to 99%. You should stick to machines with higher ratesbetween 95% and 99%. Some of the most common slot machines with highRTP rates are Mega Joker by NetEnt (99% RTP), Starmania by NextGen(97.87% RTP), Jackpot 6000 by NetEnt (98.8% RTP), and Blood Suckersby NetEnt (98% RTP). There are many others out there with great RTPrates but these are the most popular. The RTP rate is usually clearlystated on the machine.

Another tip regulargamers follow is that they stick to machines with major bonuses. Mosttimes, slot machine games offer players free spins. The free spincould either be activated after your first payment or before you evenspend money. If you’re fortunate enough to get a no deposit freespin, you’ll stand a chance to win without spending a dime. If youcan’t find these sorts of slot machines in the casino, look for theones that offer you bonuses after you you play a game or two. Themore you play, the more free spins you win. It’s a trick that casinoowners use to keep users betting.

You should alsoconsider going for video slot games. These games can either be threeor five reel slots but they have the highest number of bonus featuresincluding multipliers, free spins and everything else you need toprolong your gameplay. Most video slots are three-reel slots butthere are a few five-reel video slots out there. It all depends onwhat you enjoy. Make sure that you pick the gameplay that offers themost value and not just the fanciest ones. Your choice should bebased on strategy and not on beauty.

Another thing youshould consider is the volatility of the slot machine in question.Volatility refers to the rate at which the machine changes itspayment frequency or amount. The volatility is another risk levelindicator also known as the variance as mentioned above. Each timeyou use your money to play, you’re taking a risk, the more money youuse, the higher the risk involved. This is the volatility. Slotmachine games with low volatility are the best for winning. This isbecause the chances of hitting winning combinations with each spinare higher. While low volatility games give you the best chance ofwinning, the payout rates are usually lower than the payout rate ofhigh volatility machines. High volatility games are for high stakeswith big bankrolls.

Keep in mind thateven if you can see the RTP rate of a slot machine clearly stated onthe machine, you may not find the volatility that easily. Even onlinecasinos don’t make their game volatility obvious so you don’t boostyour odds by picking the best games and leaving the others. The bestway to get the information you need is through Google. Get the nameof the slot machine you need and search for information about it onGoogle. A simple search including the name of the machine and theword volatility or variance will give you the information you needabout the machine. After all, “if Google doesn’t have an answer,it’s not a question”.

When it comes toslot machine gaming, it is always a good idea to trust your fellowgamblers. It’s good to listen to your gut but sometimes other moreexperienced players may know more about how a particular slot machineworks. Ask them questions about the best slot machine in the casino,ask them to give you a few tips on how to hit a Handpay jackpot, anddon’t be afraid to share your opinion about related matters. Ifyou’re not comfortable talking to strangers, you can observe theirplaying strategies from the sidelines. However, you shouldn’t be toocreepy because you will draw attention to yourself and maybe calledin by security for questioning.

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Another way to getinformation about a slot machine is to check the casino’s online blogor forum for information. There are also many Facebook and Redditgroups for casino lovers. If you’re a frequent player, you shouldjoin these groups and participate regularly. They usually post usefultips about gambling on these forums.

Now you know what a Handpay is and how to boost your chances of hitting this jackpot, it’s time to pick the casino of your choice and start practicing these tips. As a note of caution, always remember that gambling is a game of chance. So, if you’re on losing streak, it may not be due to something that you are doing wrong. So, don’t be discouraged. Take a break and try again.

Slots machines, as games of chance (rather than skill), are generally more about having fun than they are about making money.

However, there are things you can do to maximize your wins and minimize your losses. For example, by calculating a slot machine’s payout percentage, you can obtain a larger picture idea of how much money you stand to win back. Other tactics include using effective bankroll management techniques, joining a slots club to benefit from its rewards programs, and more.

What Are the Odds of Winning on a Slot Machine?

Slot machine odds used to be easy to calculate. When you’re dealing with three reels, ten symbols on each reel, and a limited pay table, then it’s just a simple math problem. But the rise of electromechanical slot machines and (later) video slots added some complexity to the situation.

How Probability Works

Probability has two meanings. One is the likelihood of whether or not something will happen. The other is the branch of mathematics that calculates that likelihood. To understand the odds as they relate to slot machines (or any other gambling game), you have to understand the basic math behind probability.

Don’t worry though. The math isn’t hard. Probability involves addition, subtraction, multiplication, and division, all of which you learned in middle school.

The first principle of probability is that every event has a probability of between 0 and 1. If something has no chance of ever happening, then its probability is 0. If something will always happen, no matter what, then its probability is 1.

Probability is, therefore, always a fraction. It can be expressed in multiple ways, as a decimal, as a fraction, as a percentage, and as odds.

A simple example is a coin flip. The probability of getting heads when you flip a coin is 50%. That’s common sense, but how is it determined mathematically?

You simply take the total number of possible outcomes, and divide the outcome you’re trying to determine the probability of it by that number. There are two possibilities when flipping a coin, heads or tails, but only one of them is heads. That’s 1 divided by 2, which can be expressed as ½, 50%, 0.5, or 1 to 1 odds.

Odds are expressed as the number of ways something won’t happen versus the number of ways that something will happen. For example, if you’re rolling a single six-sided die, and you want to know the odds of rolling a six, you’re looking at 5 to 1 odds. There are five ways to roll something other than a six, and only one way of rolling a six.

When you want to determine the probability of multiple things happening, you use addition or multiplication, depending on whether you want to determine whether one OR the other event will occur, or whether you want to determine whether one event AND the other event will occur.

If you’re looking at an “OR” question, you add the probabilities together. If you’re looking at an “AND” question, you multiply the probabilities by each other.

So if you want to know what the probability of rolling two dice and having one or the other come up with a six, you add the probabilities together. 1/6 + 1/6 = 2/6, which is rounded down to 1/3.

If you want to know the probability of rolling two dice and having BOTH of them come up six, you multiply the probabilities. 1/6 X 1/6 = 1/36.

How Slot Machine Odds USED to Work

Early slot machines were mechanical devices. They had three metal reels that had ten possible stops each.

To calculate the odds of a single symbol appearing on a reel, you just divide the one symbol by the total number of potential outcomes. So if you had one cherry on a reel, your odds of hitting that cherry were 1/10, or 10%.

To calculate the odds of getting three cherries, you multiple 1/10 X 1/10 X 1/10 and get 1/1000, or 0.1%.

If the odds of hitting that symbol are the same as all the others, then you have 10 possible jackpots you can win, which means that your chances of winning SOMETHING are 10/1000, which is 1%.

Most people wouldn’t play a slot machine that lost 99 times out of 100, though, so slot machine designers added additional, smaller prizes for getting two symbols out of three for certain symbols. And as long as they paid out less in prizes than the odds of hitting those jackpots, then those slots are guaranteed to make a profit in the long run.

For example, if a prize for hitting three cherries was $1000, you’d be playing a break-even game, but if the prize were $750, it’s easy to see how the casino would be guaranteed a profit. The difference between the odds of winning and the payout odds is where the casino makes its money.

How Slot Machines Work Now

Modern slot machines use a computer program called a random number generator to determine the outcomes of the various spins of the reels. This creates an imaginary reel with a number of symbols limited only by the program in question.

A mechanical slot machine with 256 symbols per reel would be huge, too large to play, much less to build. But a computer can create an imaginary reel with 256 symbols per reel and take up no more space than an iPod Shuffle.

To make things even more interesting and entertaining, slot machine designers can program different probabilities for each symbol to come up. Most symbols might come up once every 256 spins, but others might come up twice as often, while still others might only come up half as often.

This enables slot machine designers and casinos to offer slot machine games with far larger jackpots than they were able to when they were limited by mechanical reels. And they’re able to offer these large jackpots and still generate a healthy profit.

How Does This Relate to Payback Percentages?

The payback percentage is the amount of money that the slot machine is designed to pay out over an enormous number of spins. This number is almost always less than 100%. The difference between 100% and the payback percentage is the house edge, and that’s where the casino makes its profits.

A simple example can help illustrate how this works. Suppose you have a slot machine with three reels with ten symbols on each, and it only pays out when three cherries hit. The odds of winning that jackpot, as we determined earlier, is 1/1000.

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If we set the jackpot as $900, and charge $1 per bet, the payout percentage for that game will be 90%, or $900/$1000. Of course, no one would play a slots game which only paid out once in every 1000 spins, which is why there are various smaller payouts programmed in.

There’s no way to tell what the payback percentage on a particular game is unless you have access to the par sheet for that machine. Casino management has that information, but players never have access to that info.

The best slot machine odds are almost always found in real casinos. If you see slot machines in an airport or a bar, be aware that the payback percentages on those games is much lower than you’ll see in a real casino.

How to Win at Slot Machines

Everyone would like to know how to win at slots, but the truth is that winning at slot machines isn’t any harder than losing at slot machines. You put your money in the machine, spin the reels, and hope for the best. Slot machines are meant to be fun; they’re not intended to provide the player with an income.

In fact, the reality is just the opposite. Slots are there to provide the casino owners with an income. How that works is one of the subjects of this page.

On the other hand, you can minimize your losses and increase your enjoyment of slots games by understanding how they work. You can also learn which slots pay back the most money. In the long run, the house will still have an edge over you, but understanding how much you can expect to lose in a given venue can help you make better bankroll management decisions.

In fact, it might be a good idea to modify you definition of “winning at slots”. Instead of considering yourself a winner if you bring home a big profit, consider yourself a winner any time you played and had a lot of fun.

How Slots Work

All slot machines in modern casinos use a random number generator (an “RNG) to determine the results of each spin. An RNG is a tiny computer that does nothing but constantly generate numbers. When you push the spin button, that microcomputer selects a number which determines the outcome. In fact, this happens before the reels have even stopped spinning.

On modern slot machines, the reels are just there for show. From a practical standpoint, you could put a quarter in a machine, push a button, and have the screen flash: “You lose!” or “You win $10”. The mechanism that determined the outcome would be the same, but who would want to play a game like that, especially if you know that the house has a mathematical edge over the player.

The spinning reels, the sound effects, and the bonus games are all there to make the game more interesting to play. If you don’t like the artwork, the music, or any other aspect of a slots game, don’t bother playing it, because those are the real rewards of playing. The chance of getting lucky and winning a jackpot is a real reward, too, but don’t ignore the other aspects of the game.

The random number generator is programmed to pay back a certain percentage of the money paid into it over a period of time. This period of time is known in gambling math as “the long run”, and it’s a lot longer than most people think. We’re talking about tens of thousands of spins, not dozens or hundreds.

This percentage that’s programmed into these machines is always less than 100%. If a slots game were programmed to pay back more than 100% of the money put into it, it would lose money for the casino.

Casinos aren’t in business to lose money.

The trick is to find slot machines that have the highest payout percentages.

Which Slots Pay Back the Most Money

If every slot machine game in the world had a payback percentage posted on the machine somewhere, it would be easy to determine which slots pay back the most money. You could limit your play to machines with a payback percentage of over 95% for example.

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It’s too bad casinos don’t provide that information on specific games, though.

You can find information about specific locations and their payback percentages, though. Some gambling guides and magazines publish this information. For example, The American Casino Guide provides certified information about the payout percentages in various states. Not all states reveal this information, but it’s not a huge leap of logic to expect better payback percentages in states that do reveal this information.

For example, the overall payback percentage for slots in Black Hawk, Colorado is 92.8%. In Central City, Colorado, it’s 92.93%, and in Cripple Creek, it’s 93.66%. Alabama doesn’t release the numbers on their payback percentages.

Which casinos do you think offer the better game?

A couple of guidelines hold true no matter where you play, though. One of those is that payouts are better in large cities with lots of gambling. For example, the payouts in Vegas are higher overall than the payouts in Colorado. And the payouts improve when you play for higher stakes. For example, penny slots in Vegas average around 88% to 91%, but dollars slots average between 93% and 96%. Finally, slot machines at airports usually offer the lowest payouts.

What does that mean for the player? It means that over the long run, if you wager $x on a particular game, you’ll win back $x times the payback percentage for that machine. If you’re playing a dollar slot machine on the Strip in Las Vegas, for example, and the payout percentage is around 93%, then if you place $10,000 in wagers, you’ll win back $9300. You lost $700.

That’s only a long term mathematical expectation, though. In the short run, anything can happen, and that’s what keeps people playing.

How to Maximize Your Winnings and Minimize Your Losses

There are three ways to maximize your winnings and minimize your losses. The first is to always join the slots club, and always use your member card while you play. Slots club members get a percentage of their play returned to them in the form of casino rewards and cash back. This is normally a tiny percentage (think 0.1% or 0.2%), but it adds up, especially if you play a lot.

Don’t buy into the myth that playing with your slots club card lowers your expected return on the game, either. That’s not true. The random number generator in these games has no way of knowing whether or not you’re using your slots club card or not.

The second way to increase your winnings and minimize your losses is to use effective bankroll management techniques. This means limiting the amount of time that you play, limiting the amount of money that you’re willing to lose in any session and in any given gambling trip, and finding other fun things to do with your time besides just playing the slots.

How To Hit A Jackpot On Slot Machine

Finally, try to play the machines with the highest payout percentage. Over the long run, if you keep playing, you’ll probably eventually wind up a loser at the slots (unless you hit a huge progressive jackpot), but you’ll lose your money more slowly and get more entertainment value for the money you gambled.