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- Someone playing slot machines in Las Vegas hit the jackpot earlier this week to the tune of nearly $5.5 million. According to Excalibur Las Vegas, a hotel/casino on The Strip, the lucky guest won.
- The big winner was playing at one of the Wheel of Fortune slot machines. Guest wins more than $5 million playing slot machine at a Las Vegas casino.
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Slots manufacturers and casinos swear it's impossible, but many people claim they know how to tell if a slot machine is going to hit. Some say just by watching, they can tell when it's 'due'. Others say they emit a hot or cold aura. We'll examine these theories and more to get to the bottom of the mystery.
'Assume a 5-line, 4-quarter maximum bet per line slot machine was advertised as having a payback percent of 90%. Maybe the slot paid back at 92% when 1 quarter per line was bet and only at 91% when 2 quarters per line were bet. In addition, it paid only 89% with 3 quarters and 88% with 4 quarters. This would give an average payback of 90%. Akafuji Slot: JACKPOT LIVE★Triple Double Diamond Slot Handpay on Free Play! San Manuel Casino, Akafuji slot https://www.
- How Slots Work: Before we get into theoretical suppositions, you should know exactly what it is that makes today's modern slots tick. Random RNG algorithms control each spin, while a predestined RTP gives the casino its edge.
- Due for a Win: 'This slot machine hasn't paid more than $5 in two hours. It's due for a win!' Is that really true? Learn why it isn't, and at the same time, it is…
- Hot & Cold Slots: If you've ever gone swimming in a pool, you know what it's like to hit a cold spot, or worse, a warm spot (ew!). Some people claim slots emit the same thermal vibes.
- Luck & Variance: Gamblers call it luck. Slots makers call it variance. It's the same thing. Lucky/variance is the fluctuating up/downswing that occurs between meeting a game's RTP.
- Tips for Winning Slots: Whether you're instincts are spot on or dead wrong, there are provably effective methods to increase your chances of winning slot machines.
Disclaimer – Not all forms of gambling are legal in all provinces of Canada. The legal age to gamble also varies by province. Breaking the law is a serious matter. The information provided on this website is meant for educational purposes only, and we will not be held liable for any irresponsible / illegal activity on your part. Know the gambling laws in your province and follow them. The following pages provide more information on Canadian gambling laws: Alberta – British Columbia – Manitoba – Newfoundland & Labrador – New Brunswick – Nova Scotia Northwest Territory – Nunavut – Ontario – Prince Edward Island – Quebec – Saskatchewan – Yukon |
How Slot Machines Work – RNG, RTP and Volatility |
The first slot machines were invented over one hundred years ago, long before computers came along. They were mechanical devices featuring an array of drums. On the drums were various symbols. When a lever was pulled, the drums spun around, coming to a random stop. If the symbols matched up, you won. If not, you lost. Figuring out your odds of winning the big prize was as simple as multiplying the number of symbols on each drum together. Not anymore… Since the dawn of computer technology, these games have been programmed to defy traditional odds. There are no drums. The number of symbols per reel is not static. Everything is controlled by a computer chip running a software program, designed to pay out a very specific percentage of its take. The three main programmable functions of a slot machine are the random number generator (RNG), the return to player (RTP), and the volatility. Let's take a closer look… Random Number Generator (RNG)Remember the movie, The Matrix, when the green numbers kept raining down the computer screen? That's an RNG. It's a random strain of seemingly endless numbers generated by a computer. The algorithm it generates determines an outcome. There are countless applications for an RNG in the real world, but few so famous as casinos games. In a slot machine, the RNG determines exactly what symbols will land in each position on the reels. If you could see the RNG, you would never be able to read it. Each and every number in the sequence is changing with each passing nanosecond. It does not stop until the exact moment a player presses the SPIN button. At that very moment, the sequence of symbols is determined by the number produced. As a player, we still see the reels spinning as they come to a slow halt, but the machine already knows where they are going to land, because the RNG told it so. The whole purpose of the RNG is to ensure no one – not the players, the casino managers, or the players – is able to predict what will happen on any given spin. It's all about timing. Press at just the right moment, and the jackpot is awarded. For this reason, a machine could pay back-to-back jackpots just as easily as withholding the jackpot for more than a year. Knowing that this is how a game works, it's hard to imagine that anyone could know how to predict when a slot machine will win. And yet, so many seem capable of doing so. More on that in a moment… Return to Player (RTP)The RTP is the amount of money a machine pays out, compared to what it takes in. The RTP is always displayed as a percentage. For those of you familiar with how 'house edge' works, the RTP is the opposite of the house edge. RTP refers to the amount players win back, whereas house edge is the amount the casino wins. Put them together, and you get a total 100%. For example, let's say a slot machine has a 95% RTP. This means the game will pay back 95% of its monetary intake over time. The other 5% is the amount the casino wins. Theoretically, if you were to spin the reels 100 times on this machine at $1 per spin, you would end up with $95 left. The important word here, however, is 'theoretically'. RTP is always theoretical. Yes, the machine will meet its RTP. It's a computer. They don't make mistakes. But the RTP will only be met over a very long period of time. We're talking 20-25 years. So no, you're not going to win exactly $95 back and lose $5 for every $100 you wager. If that were the case, every player would lose and no one would ever want to come back to the casino. That's where volatility comes in… VolatilityA game's volatility determines how often it is likely to strike a winning combination, and the average size of each prize paid. It can be low, medium, or high. A low volatility game is one that pays out very small amounts very often. A high volatility game will pay high prizes, but not very frequently. And a medium volatility is a balanced game, where mid-sized payouts occur on a regular, but not too regular, basis. The volatility of a machine will not alter its RTP. Over time, they all perform equally. But in the short term, their attributes can seem very different. At low volatility, a machine will arrive at its intended RTP more frequently, whereas a high volatility game will have much greater upswings and downswings.
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How to Tell if a Slot Machine is Due to Win |
If a game has not paid out a decent sized win in a relatively long period of time, it is said to be 'due' to hit. When a progressive jackpot reaches record height, more people play it because they feel it's due to strike any moment. This certainly seems like a logical mode of action. The game will pay out big at some point, and the longer it's been since the last big payout, the closer that moment has to be. But is it really possible to predict exactly when it will happen? As we've already learned, a slot machine's RNG makes it impossible to know the exact moment a game will pay out a jackpot. But knowing when a relatively large payout is due – that's really not so far-fetched. We know that game's are destined to meet their RTP. And we know that an RNG determines every outcome the moment the SPIN button is pressed. Wouldn't it make sense that the likelihood of the RNG producing a winning combination of numbers would be amplified by an actual RTP that is far below its intended RTP? The real problem with this theory is that you have to know what a game's actual RTP is, compared to its intended RTP. The only way to know if a game is far enough behind to potentially impact the value of the RNG algorithm is to sit back and watch the game for a long period of time. If you have the patience for it, give it a shot. |
Does this Slot Machine Have a Temperature Gauge? |
Some say slot machines can be hot or cold. Some believe this is a metaphorical statement, while others swear that game's can produce a genuine thermal output. We'll start wit the metaphorical… A slot machine is hot when it is producing above average wins. It could be paying more frequently than its volatility implies, or it might be paying larger prizes than average. There are slots enthusiasts out there that will only play hot slot machines, hoping to ride that wave of success all the way to shore. Then there are players who avoid these game's for fear they've paid all they're going to pay for a good long while. The opposite is true of a 'cold' slot machine. A cold machine is one that is paying well below average. As we've already discussed, a game that hasn't paid out a decent prize in a long time gets labeled 'due' for a win. In poker does a straight flush beat a full house. Contrary to hot-slot-lovers, some players will lie in wait for a slot machine to become very cold, then pounce on it as soon as the previous player leaves, expecting a quick strike. As for those who believe a machine can become physically and detectable hot or cold, I've never experienced this myself. Maybe it takes a special kind of person – someone with a sixth sense, or one who can sees auras. Those who attest to its accuracy say a hot machine is ready to pay, and a cold one is not. My suggestion would be to walk the aisles and, if you feel a warm spot, give it a try. |
The Correlation Between Slot Variance & Luck |
A slot machine's variance is how far it strays from its RTP. It is similar to volatility, except that volatility defines how much it should stray, whereas variance defines how much its actually straying at any given time. Variance is, in reality, what the majority of gamblers refer to as 'luck'. When a player is having a good day at the casino, we say he is very lucky. One who is having a bad day is said to be unlucky. Luck is either on your side, or it's not. As fun-loving gamblers, we attribute a lot to luck, or a lack thereof. But variance is the technically appropriate term. It is variance that allows some casino players to win large amounts of money, without hurting the casino's bottom line. Those who win are on the receiving end of a game's variance (lucky). But many more players lose, or fall on the negative side of that variance (unlucky). If one player wins a $10k jackpot, imagine how many players have to lose to pay for it, and still ensure the casino gets its due. Suffice it to say, for all those who get lucky, many more will be unlucky. It is those who genuinely believe that you make your own luck that tend to proscribe to the theory that you can tell when a slot machine is about to win. Which brings us to our final segment… |
The Correlation Between Slot Variance & Luck |
A slot machine's variance is how far it strays from its RTP. It is similar to volatility, except that volatility defines how much it should stray, whereas variance defines how much its actually straying at any given time. Variance is, in reality, what the majority of gamblers refer to as 'luck'. When a player is having a good day at the casino, we say he is very lucky. One who is having a bad day is said to be unlucky. Luck is either on your side, or it's not. As fun-loving gamblers, we attribute a lot to luck, or a lack thereof. But variance is the technically appropriate term. It is variance that allows some casino players to win large amounts of money, without hurting the casino's bottom line. Those who win are on the receiving end of a game's variance (lucky). But many more players lose, or fall on the negative side of that variance (unlucky). If one player wins a $10k jackpot, imagine how many players have to lose to pay for it, and still ensure the casino gets its due. Suffice it to say, for all those who get lucky, many more will be unlucky. It is those who genuinely believe that you make your own luck that tend to proscribe to the theory that you can tell when a slot machine is about to win. Which brings us to our final segment… |
Five Ways to Better Your Chances of Winning on Slots |
After all you've read, do you think you know how to tell if a slot machine is going to hit? Whether you answered yes or no to that question, here is some genuine strategic advice that really will give you the best odds of leaving the casino a winner. 1. Higher RTP is BetterLook for slot machines with the highest RTP. It doesn't mean you're going to win, but it does increase the potential for winning. Not all games will display their RTP, but most will define it near the end of the paytable's Info section. 2. Play Online SlotsLand-based casino slots have a typical RTP range of 85%-95%. Online slot machines have much higher RTPs, often ranging from 95%-97%. Online slots are also more likely to reveal their RTPs in the Info section. 3. Utilize Free SpinsCasino of the rockies cranbrook bc. Take full advantage of free spins bonuses whenever possible. These promotions come with wagering requirements and other stipulations that must be met before you can cash out any winnings, but it's hard to complain when those spins aren't coming out of your pocket book. 4. Beware Branded TitlesAs a society, we are drawn to things we are familiar with. If we like something, we flock to its brand mimicry. Case in point – The Ellen DeGeneres Show. It is immensely popular. If you love Ellen and her show, and you walk into a casino and see her face plastered on a slot machine of the same name, odds are you'll want to play that game. Casinos and slot manufacturers know this, and use it to their advantage, which is why branded slots tend to have the lowest RTPs. Steer clear. 5. Ask the LocalsLocal slots players who frequent a casino know exactly which games pay out best, and which ones do not. So long as you're not infringing on their seats, they are usually happy to share that information. In fact, there are social media groups dedicated to this topic. All you have to do is ask. |
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Remember the movie National Lampoon's Vegas Vacation, when gambling fever consumes Chevy Chase's character, Clark W. Griswold? He goes on a losing streak to beat all losing streaks while his son, Rusty, wins four cars by playing the slot machines. Maybe Clark would have done better if he had read Probability For Dummies! In this article, you discover the basic ideas behind slot machines and how they work, so that you can get past the myths and develop a strategy based on sound probability.
Understanding average payout
When casinos advertise that their slot machines pay out an average of 90 percent, the fine print they don't want you to read says that you lose 10 cents from each dollar you put into the machines in the long term. (In probability terms, this advertisement means that your expected winnings are minus 10 cents on every dollar you spend every time the money goes through the machines.)
Suppose you start with $100 and bet a dollar at a time, for example. After inserting all $100 into the slot, 100 pulls later you'll end up on average with $90, because you lose 10 percent of your money. If you run the $90 back through the machine, you'll end up with 90 percent of it back, which is 0.90 x 90 = $81. If you run that amount through in 81 pulls, you'll have $72.90 afterward (0.90 x 81 = 72.90). If you keep going for 44 rounds, on average, the money will be gone, unless you have the luck of Rusty Griswold!
How many pulls on the machine does your $100 give you at this rate? Each time you have less money to run through the machine, so you have fewer pulls left. If you insert $1 at a time, you can expect 972 total pulls in the long term with these average payouts (that's the total pulls in 44 rounds). But keep in mind that casinos are designing slot machines to go faster and faster between spins. Some are even doing away with the handles and tokens by using digital readouts on gaming cards that you put into the machines. The faster machines can play up to 25 spins per hour, and 972 spins divided by 25 spins per minute is 38.88 minutes. You don't have a very long time to enjoy your $100 before it's gone!
The worst part? Casinos often advertise that their 'average payouts' are even as high as 95 percent. But beware: That number applies only to certain machines, and the casinos don't rush to tell you which ones. You really need to read or ask about the fine print before playing. You can also try to check the information on the machine to see if it lists its payouts. (Don't expect this information to be front and center.)
Implementing a simple strategy for slots
Advice varies regarding whether you should play nickel, quarter, or dollar slot machines and whether you should max out the number of coins you bet or not (you usually get to choose between one and five coins to bet on a standard slot machine). In this section, you'll find a few tips for getting the most bang for your buck (or nickel) when playing slot machines.
$5 Slot Machine Winners
Basically, when it comes to slot machines, strategy boils down to this: Know the rules, your probability of winning, and the expected payouts; dispel any myths; and quit while you're ahead. If you win $100, cash out $50 and play with the rest, for example. After you lose a certain amount (determined by you in advance), don't hesitate to quit. Go to the all-you-can-eat buffet and try your luck with the casino food; odds are it's pretty good!
5 Dollar Slot Machine Wins
Choosing among nickel, quarter, and dollar machines
The machines that have the higher denominations usually give the best payouts. So, between the nickel and quarter slots, for example, the quarter slots generally give better payouts. However, you run the risk of getting in way over your head in a hurry, so don't bet more than you can afford to lose. The bottom line: Always choose a level that you have fun playing at and that allows you to play for your full set time limit.
Deciding how many coins to play at a time
When deciding on the number of coins you should play per spin, keep in mind that more is sometimes better. If the slot machine gives you more than two times the payout when you put in two times the number of coins, for example, you should max it out instead of playing single coins because you increase your chances of winning a bigger pot, and the expected value is higher. If the machine just gives you k times the payout for k coins, it doesn't matter if you use the maximum number of coins. You may as well play one at a time until you can make some money and leave so your money lasts a little longer.
For example, say a quarter machine pays 10 credits for the outcome 777 when you play only a single quarter, but if you play two quarters, it gives you 25 credits for the same outcome. And if you play the maximum number of quarters (say, four), a 777 results in 1,000 credits. You can see that playing four quarters at a time gives you a better chance of winning a bigger pot in the long run (if you win, that is) compared to playing a single quarter at a time for four consecutive tries.
The latest slot machine sweeping the nation is the so-called 'penny slot machine.' Although it professes to require only a penny for a spin, you get this rate only if you want to bet one penny at a time. The machines entice you to bet way more than one penny at a time; in fact, on some machines, you can bet more than 1,000 coins (called lines) on each spin — $10 a shot here, folks. Because these machines take any denomination of paper bill, as well as credit cards, your money can go faster on penny machines than on dollar machines because you can quickly lose track of your spendings. Pinching pennies may not be worth it after all!