Slot machines are set to give the house the edge over a long period of time, but there are ways to increase your odds of winning. Slot machines use a Random Number Generator (RNG) that makes it impossible to systematically beat them. There is no way to improve your chances on an individual spin, but you can improve your overall odds by playing smart and doing your homework. Take advantage of match bonuses, use money management techniques, play the right machine, play at the right online casino and bet the correct amounts.
A match bonus is money offered by an online casino to get you to try them out. They are generally larger for first time depositors, but many online casinos have player loyalty programs. The way a match bonus works is an online casino will match your deposit with casino credit. If the match bonus is 100% and you deposit $100 you will receive $200 in casino credit. You will then need to play a designated amount of plays before you can withdraw this money. The number is usually rather low and attainable. By taking advantage of these bonuses you can actually have an advantage over the casino in the short run.
Manage your money, but take advantage of the opportunity for big payouts. Set the target amount of money that you want to make during any one session. During any session you will have ups and downs. By setting a target amount, you will have a better chance of walking away while you are ahead. Most slot machines only pay out the jackpot when you play maximum coins. Make sure that you play maximum coins every time, you do not want to hit the jackpot only to find out that you did not qualify. The payout rate of the machine has the jackpot figured in, so you are paying for it with every spin. Most machines allow you to choose different coin sizes: 5, 10, 25, 50, $1 or $5. Play the lowest coin size you can while betting the maximum amount of coins.
Play the right slot machine. Consider your goals when deciding which slot machine to play. If you are looking for a big jackpot, play a progressive slot machine. Progressives pay a large jackpot, but pay out smaller amounts than regular machines on other hits. If your goal is to play for a longer period of time, look for slot machines with low jackpots and a higher pay table on low level hits. A pay table tells you how much the machine pays for each payable combination. The lowest paying combinations come out the most often.
Slots that cost more to play often pay out at a higher rate than less expensive slot machines. Casinos are audited and their pay rates are published. Online casinos would rather have people playing at more expensive machines and spending more money. The machines that allow you to play different coin sizes pay out at a set rate. The rate is set for the lowest coin size. If you are playing quarters and you are on a machine that allows nickels, switch machines. You should be playing the lowest coin size available.
Slots machines are never due to hit. The combinations that come up are not pre determined. They use the RNG, and the machine that has not hit all day, is no more likely to hit than the machine that has been paying out all day. The payout rates are the only thing that is pre determined.
Play at the right online casino. There are many variables to look at when deciding on which online casino to play at. Many online casinos do not accept players from North America. There are also restrictions on deposit and withdrawal methods. Look for certified online casinos that use third party auditing services. They will be able to tell you the payout rates for different casinos. Do your homework, online casinos are no different than other online businesses and scams will appear.