It is difficult to play slots successfully. All slot machines are made particularly to give the house a long-term advantage, so if you play for a long enough period of time, the house will always win. Playing a game with an extremely huge jackpot, betting the maximum each time you play, and crossing your fingers that you strike the jackpot are the only effective ways to reduce the house edge on slot machine games. Imagine what you do next when you finally win a pretty large prize. Put an end to the game.
Don’t misunderstand me. I’m not suggesting that you avoid playing slots. In reality, I think slot games are a lot of fun, especially the really good ones. But you should always keep in mind that, mathematically speaking, when you play slots frequently, you are essentially paying for entertainment. By calculating the house edge by your average stake and the number of spins you make per hour, you can figure out how much you’re spending for that amusement.
The house edge, for instance, is 5% if you are playing a slot machine with a payout of 95%. (The casino retains 5% of each wager you place over time.) Additionally, if your typical wager is $3, the house will receive an average of 15 cents per spin from you. (5% times $3.) If you play the game for an hour at 500 spins, the cost is $75, which may or may not be a fair price for your amusement. Depends on your financial situation.
You should also consider how much the benefits and incentives you receive from the casino are worth when doing your calculations. You can deduct the cost of the beverages from your hourly rate if you’re playing at a physical casino where you can obtain them for free while you play. (Alternatively, you may weigh the worth of the entertainment you are enjoying against the cost of those drinks; it all depends on your point of view.) In order to get the most out of your entertainment dollar, I suggest drinking premium booze and beers. In a classy restaurant, a bottle of Heineken can cost $4. Drink two Heinekens every hour, and you’ve just reduced your hourly gaming expenses from $75 to $68.
Join the casino’s slot club and ALWAYS use your card to track your play. Slot clubs also refund a portion of your losses each hour. Absolutely no justification exists for not doing this. Additionally, casinos offer comps to their larger slot players, such as free meals, show tickets, and hotel stays, which together help you spend less money per hour playing their machine.
So what are some successful slot machine strategies? Know how much it costs you to play each spin and each hour, take advantage of all the bonuses and benefits, and aim for the large progressive jackpot are the best ways for me to sum it up.
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