The Best Slot Machine

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Introduction to Choosing Slot Machines

The Best Slot Machine

Once a specific casino has been determined to currently be the best of any available, choosing slot machines becomes the next step towards making a profit at slots.

Remember, statistics supplied to state gaming commissions show that the odds of winning are, on average, somewhere around 90%. By assessing all available casinos, then selecting the best possible, you’ve already improved your odds of winning – perhaps by several percentage points.

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Having a Plan

The Best Slot Machine To Play At A Casino

Why don’t more slots enthusiasts have a plan? Because everybody says it’s all about luck. If you pick wrong, “Well,” they say, “better luck next time.” Remember, casino employees are trained to say things like that. If you’d won a jackpot instead, you can believe they would have said, “You’re lucky! I’ll see you later when you win another jackpot!”

Slot attendants have a job to do, and it most certainly isn’t to get you to leave when you should. And it’s difficult to not to influenced by such comments. But try not to be.

Two Separate Odds of Winning

The odds of winning for a slot machine is a limited number of settings from the manufacturer. Besides understanding limited settings are available, it may help to understand that slot machines have two odds of winning to determine:

  • If a player will or will not win anything
  • How much that win will be, i.e., the jackpot amount

Why is understanding these two types of odds significant when choosing slot machines? Because winning slot machines come in all jackpot sizes. You’re still winning if you’re getting enough small jackpots that your bankroll isn’t shrinking. Even if it is slowly depleting, the bankroll can last quite a bit longer, so that’s also a winning slot machine.

Winning many jackpots this way is bankroll cycling. It may not seem very satisfactory, but whether it does or not depends entirely on what your gambling goals are. One type of gambling goal, earning maximum complimentary gifts, is most often achieved via bankroll cycling.

Another point about setting slot machine odds is, how often they change? Of course, it depends on the age of the casino, as discussed in the previous step Assessing Casinos or if it’s been renovated lately.

In my experience, older-style casinos change their slot machine odds every 7-10 days. Newer-style casinos can change their slot machine odds whenever the machine has been idle for 15 minutes or more, without a players club card inserted or the machine temporarily locked by a slot attendant.

Matching Bankrolls to Denomination/Credits

Only you can decide how much bankroll you want to risk gambling. I highly recommend bringing only as much money you can safely afford to lose comfortably.

Bankrolls quite literally determine which slot machines you can play. But, there’s more to it than understanding a $100 bankroll lets you play a 1-credit, $100-denomination exactly once, with very, very little chance of winning.

Whatever bankroll you have limits which slot machines can be played and how much it can be played. Slot machines have denominations ($0.01, $0.25, $1, $5, $10, etc.) and the maximum credits that can be placed in a single bet.

Slot machines typically must run for a while before wins become more likely. Yes, wins can occur at the first press of a button. They can also happen within the first few bets, where casinos offer a taste. But, usually, they need to run for a while.

About 100-120 bets is the right amount to be prepared to play to determine if you’re sitting at a winning (or breakeven) slot machine. Yes, be careful initially, perhaps making as few as 20 bets, to determine if it happens to be a “bad” machine. Trust your instincts!

If it is a poorly performing machine, a “tight” slot machine, it won’t pay out anything at all. Quick decisions are necessary here, so limited betting gives a clue to its performance, yet still leaves enough to gamble with on another machine if it isn’t – assuming you stop playing it as soon as you notice it’s not performing well enough.

So, again, you determine how much bankroll you can afford to spend. Now, take that number and divide it by 120 bets. If your bankroll is $60, then that’s 50 cents per bet. In such a way, the right choice is a 2-credit, quarter-denomination slot machine. Or, a 50-credit, penny-denomination slot machine.

Always remember to play maximum credits for the highest odds of winning. Meaning, your casino may not have a 2-maximum-credit quarter or 50-maximum-credit penny machines. But, perhaps they have a 1-maximum-credit quarter or less-than-50-maximum-credits penny machines. Such slot machines would provide more than 120 bets of play, which is going in the right direction!

The best slot machine

Reading a Slot Machine’s Paytable

When choosing a slot machine to play, a crucial aspect of winning is to review its paytable before playing. Frankly, the casino industry gains an advantage over players that don’t read slot machine paytables.

Located somewhere on a slot machine is one or more tables showing the number of credits won if specific combinations of reel symbols appear in the pay line after the player makes a bet. Below is a relatively generic example of a paytable.

The figure shows reel combinations along with their jackpot depending on the number of credits bet. Paytables don’t typically explain how much credits are worth. In general, the top row is the maximum jackpot of the machine.

Not every reel combination and its associated jackpot are usually shown in a paytable. Other reel combinations not shown in the top rows are also presented in the paytable area. Slot machines with WILD symbols can represent it with a myriad of other possible reel symbols.

A final element of paytable example provided is specific information on winning reel combinations, which can include an indication of how the slot machine operates during play. The bottom row of symbol explains that that slot machine has reel symbols which will move after the reels stop momentarily.

Such additional features may not activate until the maximum credits are bet. It can sometimes be difficult, or impossible, to determine this. Most slot machines with bonus rounds will provide at least some information about it within its paytable.

Developing a habit of reviewing and studying a slot machine’s paytable can help improve your ability to judge the financial risks involved with playing that slot machine.

How to Avoid the Worst Slot Machines

The best way to improve the odds of winning via slot machine gambling is to stop making “sucker bets”. In less colorful language, avoid playing slot machines with terrible odds of winning.

First and foremost, understand when choosing slot machines that there are indeed terrible slot machines at a casino. By merely avoiding them whenever possible, on average, your long-term gambling return will improve. Each time we raise our odds like this, we’re pushing closer to achieving our gambling goals. So, let’s make sure we do that, shall we?

The Best Slot Machine

Calculate this “Goodness Ratio” as follows:

  1. When choosing slot machines, as discussed above, find the paytable with the denomination and maximum credits that best matches your available bankroll.
  2. Take a close look at the paytable. What is the maximum possible jackpot when maximum credits are bet?
    • If the top jackpot is displayed in currency, divide it by both the denomination of the machine and the maximum credits
    • If the top jackpot is displayed in credits, divide it by only the maximum credits

This “Goodness Ratio” tells us how worthwhile a specific slot machine is to play relative to others. By using this approach, any slot machine can be compared to any other slot machine.

Example: In the paytable above, the maximum jackpot is 2,400 credits with three maximum credits. Therefore, its Goodness Ratio is 2,400 / 3 = 800.

The Best Slot Machine

Repeat this calculation for slot machines of interest. While this Goodness Ratio will be similar for many slot machines, it can be startling to find “sucker bet” slot machines that might not otherwise be avoided.

Next Step

The next step on your journey to improving slots performance is Identifying Gambling Goals. Enjoy!


FINDING THE BEST SLOT MACHINE

Everyone who has ever played slots for at least five minutes seems to feel that they are qualified to find the best slot machine.

'Best' usually means the 'loosest' slot, meaning that the machine seems to pay out more coins than have been played, at least for a time period.There are as many theories as there are people on how to find this elusive machine.

Some people believe strictly in luck.If they were wearing their lucky hat the last time that they played and won, then they will ascribe their luck to this hat and be sure to wear it every time they play.

Others like to talk to the slot machines while they play.I once played next to an elderly lady who started out telling her machine to 'Be good to Mama, Baby,' followed by an occasional pat on the front of the machine.After about thirty minutes her tune had changed to 'Pay up you tight son of a bitch,' followed by a whack on the machine glass.

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Some folks like to test the temperature of the machine before they begin playing.If the machine is warmer than the other machines, then this qualifies the machine as a 'hot' one, suitable for play.

The Best Slot Machine

Some people will only insert cold coins into a machine, claiming that if warmer coins are used, the machine tightens up.

Many players believe that slots should be played only at night or on the weekends, or some other variation of timing.

Still others believe that the rhythm used in pulling the handle is the secret.Implementation of this theory includes such variations as the short hard pull and the slow, almost delicate pull.Each has its adherents.

Others use the 'the attendant must know' theory and ask the slot attendant which is the best machine to play.A variation of this is to observe another slot machine when playing and if the machine has not paid a jackpot in a long time, to consider playing the machine as it should be ready to pay.

The location within the casino is also important for many players.Some players claim that aisle machines are the best, while others believe that the loosest slots are hidden in back corners so that they don't get much play.

I wish I could tell you that one of these approaches works.You may consider that I have saved you some money, as each of these approaches have been touted at one time or another in slot publications of dubious value.I recently purchased a slot bookwhich spent several pages describing how hot and cold machines are laid out in a casino based on the author's theory of how casino executives are supposed to think.

I don't have much to say about the 'luck' or clairvoyance theories of slot play.Perhaps some folks got it and some don't.I know that I don't do very well when I rely purely on luck.If luck does work, I have the impression that it is a very personal thing, and I don't have any advice on how you may increase yours vis a vis winning at slot machines.I am going to assume that you are like me and believe that luck comes to those who are prepared, so we will concentrate on becoming more prepared.

The time of day theories are really absurd.Many players believe that the casinos can push a button inside a slot, or jiggle a couple of levers and change the payouts.With the microprocessor controlled slots, the chip itself must be changed to affect the payout percentages.Changing the chip requires the skill of a trained technician and several hours work.It is also an expensive proposition for a casino to be constantly changing its slots.You can rest assured that slot payouts in a particular casino will not change with nightfall or from a weekday to a weekend.

Obviously, talking to the machine or even caressing it, is not likely to have any effect on a computer chip controlled mechanism.Neither is the temperature of the machine (which is probably most affected by the temperature around it) nor the warmth of the coins.Slot machine levers have zero influence on the random number generating chip controlled machines.The machines could just as easily be activated by a button (as are the video slots) or a pull string.The days of handles activating gears which determined the rate of spin of the reels are long gone.

All of these theories may occasionally win some money for their adherents, but consider:Randomly selecting any machine may work just as well.

We are after something a little more definitive.Let's look first at some of the characteristics of the different types of slot machines.

One of the attributes we will look for on any machine is the ability to play from one to as many as five coins without any penalty for playing less than the maximum number of coins.Why?Because we want the flexibility to adjust the size of each wager dependent upon the exact playing conditions we are facing at that exact moment.

This condition knocks out of contention any single coin slot machines.With a single coin slot, the only option we have is to insert a coin and pull the lever.It is a win or lose proposition, with no alternatives other than changing machines.To have the best chance of winning, we will demand the flexibility to vary the number of coins based on each individual machine's attributes.

With this one condition, we will rule out play on any of the single coin mechanical machines.This restriction is not too severe, as these machines can only be found in a few downtown casinos in Las Vegas, and scattered about other Nevada sites.

By requiring that no penalty be imposed for playing with less than the maximum number of coins accepted by a particular machine, we will also rule out a number of multipliers which do impose this penalty.We will not want to play on any Option Multipliers (buy-a-pay) slots as these machines bring additional symbols into play with additional coins inserted so that with less than the maximum number of coins played, the number of winning symbols are severely reduced.

Less obviously, but using the same logic, we will reject playing on the Multiple Pay Line machines, which accomplish the same thing as the Option machines by bringing additional pay lines into play as additional coins are inserted.

A second condition we will impose is that the machine we select to play is a High Frequency machine.By high frequency, we mean that the machine has been programmed to pay off many lower payoffs more frequently rather than a very small number of higher payoffs.

Table 15 compares the hypothetical payoffs of Low and High Frequency slot machines.

Table 15.Comparison of High and Low Frequency Slots

High Frequency Payoffs

Low Frequency Payoffs

Payoffs
(# Coins)

Percent of Total Paid Out

Payoffs
(# Coins)

Percent of Total Paid Out

2

20%

2

10%

10

49%

5

10%

20

25%

10

25%

100

1%

15

32%

1000

18%

Total Payoffs

95%

95%

If we look at the payoff schedules on these two machines, we don't have much of a clue as to which is the higher or lower frequency machine.Both machines have similar payoffs, and both machines will ultimately pay back 95% of the coins played.Having the benefit of using this table, we can see that the high frequency payer will return a higher percentage of the coins played on the payoffs of 20 coins or less.If we add the payoff percentages for all payoffs of 20 coins or less on the high and low payoff machines, we find that 94% of the payoffs on the high frequency version are for payoffs of 2, 10 or 20 coins, while only 77% of the low frequency machine payoffs are for 2, 5, 10 and 15 coin payoffs.

For our purposes, the machine paying 94% of its payoffs on payoffs ranging from 2 to 20 coins is the better machine, as it is more likely that we will hit one or more of these payoffs in short-term play.While the lower frequency machine returns exactly the same overall payback of 95%, it accomplishes this by making fewer lower coin payouts and concentrating a higher amount of its payback in the less frequently hit jackpot payoff of 1,000 coins.

In short-term play, we are not likely to ever hit the jackpot payoff.Since 18% of the slot's overall payback is represented by this jackpot, in simple terms, by not hitting the jackpot, our return will be reduced by 18%, a large percentage of the expected payback.

The Best Slot Machines To Play In A Casino

We discussed locations of slots in a general way in the previous chapter.We found that the best paying slots are located in the state of Nevada, and on the average, the lowest paying slots are in Atlantic City.Of course this is from your and my perspective.If you owned a casino, you would prefer the lower payout Atlantic City slots.

Another aspect of finding the best slot machine is picking the best casino in the best location.Unfortunately, casinos are not very forthright on their exact hold percentages so that this task is not always that easy.

We can, however, refine our selection process somewhat without knowing the exact hold percentage of each casino.

First, we know that we should confine our play to casinos.Grocery stores, service stations, bars, airports and other non casino locations often have paybacks of from 50% to 75%.Your money will disappear very quickly if you decide to regularly play the slots at Joe's All-Nite Market.Needless to say, you should stick withlegal slot machines.If you decide to play illegal slots, who knows what extortion will be enacted on you.And you will have little recourse if you are cheated.

The airport slots at McCarran International Airport are notoriously tight, although I have been known to play them on occasion to enjoy a diversion not usually found in the airports of the world.An elderly neighbor of my mother had an interesting experience at the Las Vegas airport.His plane was already boarding when he hit a $100 jackpot on a quarter machine.Realizing that he did not have time to change the coins into bills, he began stuffing the quarters into every pocket he had.When he finally waddled onto the plane, with quarters bulging in every pocket, his pants fell down from the weight of the quarters.The entire plane gave him a round of applause.

There are many theories about where the best machines are located in casinos.Some players believe that machines located at the end of aisle hold the key to fame and fortune, while others will swear by different locations.If you have ever read about slots, it is likely that you were treated to the author's pet theories about where the best machines were.

To try to separate truth from fiction, I devised a simple experimental approach.Playing with a group of friends who agreed to participate in the experiment, we played a number of casinos systematically and recorded the results.In order to limit the number of variables for each trip to a casino, we played only the same denomination machines, e.g. nickel, quarter, dollar or five dollar machines.Our only variation in these experiments was the location of the slots in the casinos.Each trial was at least at hour long, each player used the same session bankroll, and each player played at roughly the same speed.Over the years, I was able to accumulate a number of these trials.While admittedly deficient in a number of ways (for example we played on slots manufactured by different companies, rather than same company slots, and all of our trips were to Las Vegas so that we didn't 'sample' other slot venues), I feel that the results clearly indicate a pattern of placement of slots by the casino executives.

The Best Slot Machines To Play In Vegas

We refined the terms 'loose and tight' to include three categories of machines:

Loose machines were those whose estimated paybacks were from 97—99%.

Middle paying machines paid out at from 93—96%.

The Best Slot Machine In Las Vegas

Tight slots paid out less than 93% of the coins played.

Let's apply these criteria to different slot denominations.

This chapter continues and with specific information about where the best paying slots are found.Read about it in Super Slots!

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