Using Probability When Hitting the Slot Machines

 Probability is a key to hitting the slot machines

Remember National Lampoon's Vegas Vacation where Clark W. Griswold's gambling addiction ravaged Chevy Chase? He embarks on a losing streak to defeat all losing streaks, while Rusty, his son, wins four cars at the slot machines. Clark could have done better had he read Probability For Dummies. This article will help you understand the basics of the slot machine and their workings. It will also explain how to create a strategy based on probability.

For example, let's say that you start with $100 and place a dollar at each turn. You will lose 10% of your money after you have inserted $100 into the slot. The $90 will be returned to you at 90 percent. This is 0.90x90 = $81. That amount will be $72.90 if it's run through the machine in 81 pulls (0.90x81 = 72.90). The money will disappear if you go on for 44 rounds, unless Rusty Griswold has the good fortune to grant you a break.

What number of pulls does $100 get you on the machine? As you spend less money, you will have fewer pulls. You can expect to get 972 total draws if you put $1 into the machine. This is the average pulls for 44 rounds. Remember that casinos are creating slot machines that move faster between spins. Some machines are now eliminating the tokens and handles. Instead, digital readouts can be used on your gaming cards to see how many spins have passed. You can spin the faster machines up to 25 times per hour. That's 972 spins multiplied by 25 spins/minute for 38.88 minutes. Your $100 won't be gone for long!

It is best to have a strategy

The opinions of experts vary on whether you should play dollar, quarter, or nickel slot machines. They also differ on whether you should limit the amount of coins that you wager. On a standard slot machine, you can choose between one and five coins. These are some tips to help you get the most out of your nickel (or buck) when playing slots machines.

Choose from quarters, dollars, or nickel machines

Payouts are usually highest for machines with larger denominations. For example, quarter slots usually pay more than nickel slots. But, it is possible to get in over your head quickly so you shouldn't risk losing more than you can afford. Bottom line: Play at a level where you are having fun and can continue playing for as long as you have time.

Deciding how much coin to play at one time

It is important to remember that it is not always better to play more coins than you need. For example, if the slot machine offers you more than twice the amount of payouts when you play with twice as many coins, then you should max it out. You increase your chances to win a larger pot and the expected value will be higher. You don't need to use more coins if the machine gives you kx the payout for k coin. Playing one at a given time will allow you to make some extra money.

A quarter machine might pay you 10 credits for the result 777 if it is played only once, but 25 credits if you play twice the number of quarters. A 777 is worth 1,000 credits if you play more than four quarters. As you can see, playing four quarters at once gives you a greater chance to win a bigger pot (if you win), than playing one quarter at a given time for four consecutive attempts. How to Double Any Video Slot Machine Win