Live casinos long encouraged players to bet maximum coins on slot machines, and players have long wondered if that was really to their advantage. The answer depends on what kind of machine you’re playing. On most live slots with three-mechanical reels, you get a. One of the most debated topics regarding slot machines is max bet and whether or not your should always hit that bet max button. There is no definite answer to the question as it really depends on the game you are playing. Most machines allow you to bet more than one credit, and they are designed to entice you to play more than one coin by increasing the jackpot. The highest jackpot on one quarter machines might be $4,000 if you bet three credits, but you might receive only $1,500. Make Max Bets. If the jackpot increases a bigger percentage with a maximum coin wager, then it makes sense to make the max bet on a slot machine. If the bet size is too high for your tastes, then lower the coin denomination and make a max bet at that level. Of course, if there is no additional jump between the 4-coin and 5-coin bet. Slot Machines - When to Bet Maximum Coins Author and casino expert Steve Bourie takes a look at various types of slot machines and discusses when it is best to bet maximum coins on them. Machines covered include: multipliers, buy a pays, progressives and multi line/multi coin. That slot machine already has a low payback, usually between 85-88%, and by not qualifying for the jackpot that payback is lowered even more. Not only that, but if you ever did hit the jackpot not playing max credits, you would probably want to jump off a bridge. NEVER play these games without max credits bet.

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Mar 10, 2018  Slot machines have an unassailable mathematical edge over the player. No system can overcome that edge. But such betting systems still have their uses, and this post explains what they are. Continue reading to find out what systems you should avoid and why.

I should start by distinguishing between a betting system and an advantage gambling technique.

A betting system is a means of raising and/or lowering your bets based on your previous results. Sometimes it might also involve quitting at a certain arbitrary point in your session.

An advantage gambling technique is a means of changing the odds of a gambling game so that they’re in your favor. This might involve raising the size of your bets, but not because of how muchyou’ve won or lost previously.

An example of a betting system is the Martingale System. It has no real application to slot machines, but it demonstrates the thinking behind betting systems well.

With the Martingale System, you double the size of your previous bet after every loss. You continue to do this until you win. This recoups the losses from your previous bets and puts you one unitahead.

Here’s how that might work in roulette:

You bet $5 on black and lose. You then bet $10 on black and lose again. For your third bet, you bet $20 and win. You’ve won back the $15 you’d lost on the first couple of bets, and you have a $5profit to show for your trouble.

The reason the Martingale System doesn’t work is because the probabilities don’t change based on what happened on previous spins of the roulette wheel. In the long run, your losses will stilloutweigh your wins.

Also, you’ll hit the betting max at the table faster than you think. Or you’ll run out of money to place on the next bet.

Here’s an example progression of the Martingale System:

• $5
• $10
• $20
• $40
• $80
• $160
• $320
• $640

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Notice that it only takes 7 losses in a row before you’re betting a whopping $640 on a single spin of the wheel. Many roulette tables have a maximum bet of $500, which breaks the system.

But even if you’re playing at a table where the betting limit is $1,000 per spin, you’ll hit the betting limit after 8 losses.

An example of an advantage gambling strategy, on the other hand, is card counting in blackjack. Unlike a roulette wheel, a deck of cards has a memory of sorts. Once a card has been dealt, it’sgone from the deck until the dealer reshuffles.

Since a blackjack (a 2-card hand totaling 21) pays off at 3 to 2, you can get an edge over the casino by raising the size of your bets when a blackjack is more likely.

If you’re playing blackjack with a deck which has a relatively high percentage of aces and 10s left in it, you can raise your bets and get an edge because of that increased payout.

It’s a subtle distinction, but it’s an important one. Card counters aren’t raising their bets based on their previous losses. They’re raising them based on the actual probabilities changing.

In the long run, an advantage gambling strategy can make you money.

A betting system cannot make you money in the long run.

New slot machine players are going to find a lot of advice for beating the slots. Have a healthy skepticism when a slots expert tells you they know how to beat the slot machines. Among the games in a casino, video slots (in general) have a high house edge. Besides finding gaming machines with high jackpots and a low house edge, no skill or strategy is required to play slots. That means you can’t expect to increase your odds of winning in most situations.

Read through the advice below to optimize your chances of winning at slots. None of the advice assures winning sessions. Instead, it helps you stretch your bankroll, so you enjoy playing the slots longer. Also, the longer your bankroll lasts, the more chances you’ll have of hitting the big jackpot every slots player wants.

Use a Slots Card

Upon entering a live casino, sign up for a slots card. This provides comps and cashback, which automatically lowers the house edge by a bit. Never play a spin without using your slots card. In an online casino, accept the highest slots bonus and play according to the terms and conditions until you meet the wagering requirement. Once again, this lowers the house edge on online slots.

Make Max Bets

Look at the payout chart on a slot machine to determine how jackpots are paid. On many slot machines, the 5-coin bet pays out a higher percentage on the top fixed jackpot. For instance, a 1-coin bet might pay $200, a 2-coin bet might pay $400, a 3-coin bet might pay $600, and a 4-coin bet might pay $800. You might expect the 5-coin bet to pay $1000, but many slot machines pay out $1200 or $1500 in that case, trying to convince bettors to make the max bet.

If the jackpot increases a bigger percentage with a maximum coin wager, then it makes sense to make the max bet on a slot machine. If the bet size is too high for your tastes, then lower the coin denomination and make a max bet at that level. Of course, if there is no additional jump between the 4-coin and 5-coin bet, then you can wager a single coin and max out the coin denomination to the bet size you like.

Read the RTP Information

If an online casino or land-based casino publishes its return-to-player information, read through the RTP percentages to find the video slots with the best RTPs. Return-to-player or expected return is the percentage of a theoretical $100 you expect to see returned to you. It is a theoretical percentage based on probability, so an RTP of 95% does not assure you’ll be paid $95 for every $100 you put in the machine. You might lose $50 or you might win $150, or you might win a progressive jackpot and go home rich.

The point of the RTP percentage is to give a player an idea of their expected return. If two slot machines sit next to one another and one has an RTP of 93% and the other an RTP of 95% (and both have similar jackpots), then it pays to play the game with the higher percentage. Over time, this leads to you maintaining a higher percentage of your bankroll.

Money Management Techniques

Read about bankroll management techniques. “Money management” or “bankroll management” is a series of steps you take to lock on winnings when good luck happens and limit your losses when a bad streak occurs. These do not assure that you’ll win, but it optimizes your bankroll.

Players should know three core bankroll management methods: percentage betting, win goals, and loss limits. Learn to calculate your bankroll and divide this into percentages. Then bet between 1% and 5% of your bankroll on any given hand, depending on your capacity for risk. This limits the amount of your stake you lose on any given session, keeping you playing for longer throughout your vacation. It is a given that people go to the ATM machine or credit card when they lose their whole bankroll — which means you spend more than you intended. The point of percentage betting is to assure your bankroll last through your whole trip, so you never have to replenish.

What Is a Bankroll?

“Bankroll” is not defined as your entire bank account. It isn’t defined as your discretionary spending budget or the money you have earmarked for entertainment expenses. Instead, it is a part of your discretionary spending cash and entertainment budget which is set aside specifically for gambling. In this case, a bankroll is less than your entertainment budget.

Once you have your bankroll figured, divide this into easy to understand percentage. If you have a bankroll of $1000, then divide this into percentages. These are simple calculations, but you should have an understanding of 1%, 2%, 5%, 10%, and 20% of your bankroll. In the earlier example, 1% would be $10, while 2% would be $20. 5% would be $50, 10% would be $100, and 20% would be $200.

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Now that you have these, decide whether to bet 1% to 5% of your bankroll. Most experts suggest betting no more than 1% to 2% in order to maintain your bankroll throughout your casino trip or online slots session.

Setting a Win Goal

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Next, set your win goal. This is the amount of winnings you set as your goal for any given slots session. If you have a win goal of 10%, then your win goal would be $100 for any given slot machine sessions. As soon as you hit that goal, you walk away from the slot machine — no matter what. A win goal is a hard-and-fast rule, because it locks in winnings. One of the biggest mistakes players make is losing back their winnings, because they think they’re on a hot streak.

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Setting a Loss Limit

Even more dangerous is trying to win back cash you just loss. To protect against this tendency, set a loss limit. Once again, make this your hard-and-fast rule. Typical loss limits can be 5%, 10%, 15%, or 20% — though 20% means you could lose the entire bankroll in 5 slots session. 10% to 15% is a good middle ground. Once you’ve lost that amount, walk away from the slot machine under all circumstances. The slots game is not “due” to pay out, so step away from the machine and clear your mind.

Win goals and loss limits guard against gambler’s fallacy. Gambler’s fallacy is the idea that the law of averages assures or weight the odds in your favor. Slots use random number generators and every spin is entirely separate from the previous spin. Losing the last spin does not make it more likely you’ll win the next spin. The odds stay the same, no matter how many wins or losses in a row you’ve had.

Avoid Progressive Betting

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For that reason, avoid progressive betting systems like the Martingale system, D’Alembert system, Fibonacci system, and so on. Betting experts have used computer simulations to track the progressive betting methods against flat betting (same bet each spin). Flat betting beats all of the progressive betting schemes over 1 billion spins.

Progressive betting seems like it’s working, because it leads to a lot of small winning sessions. The problem is that it also has a handful of huge losing sessions which wipe out all the wins — and then some. You can’t beat the house edge with the Martingale system, however it might look to the naked eye. The Fibonacci numbers are incredible, but they are not a magical way to beat the casino.

The reason progressive bets are bad is they increase the size of your bets (in some systems exponentially). If you start with $5 or $10 bets, a streak of bad luck has you betting hundreds of dollars on one spin. That’s busts your bankroll and leads to a “risk of ruin” — meaning you’ll lose your whole bankroll if you hit a bad luck streak. No matter what you read online, flat bets are better.

Take Breaks for Rest and Refreshments

Play when you are at your best physically and mentally. Don’t play when you’re tired or sleepy. Don’t play when you’re hungry or thirsty. Take frequent rest and restroom breaks. If you get bored, take a break and walk the casino. Play another game to change up the betting pattern.

When you are rested and engaged, you won’t have distractions that might lead to bad decisions. The idea is to have fun, so if anything is causing you to lose focus on the entertainment aspect of the game, walk away and save your bankroll.

Don’t Go on Tilt

Tilt is a concept in poker where a player makes decisions based on emotional responses instead of solid strategy. It can cost a player a lot of money if they make bets based on anything but rational decisions. While going on tilt is not a concept in slot machine gambling, every game of chance has a personal component.

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In short, don’t play when you’re agitated. Take stock of your inner thoughts. If your ego or anger is causing you to make irrational decisions, take a deep breath and calm down. If that doesn’t work, walk away and clear your head. It stinks to lose a series of bets, but what stinks more is to lose a series of bigger bets when you’re trying to make up for lost bankroll.

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