Home > Online Casino Reviews, Poker > How to select a slot machine?

How to select a slot machine?

How to select the best slot machine? Slot machines are generally programmed to have a pay out of winnings between 82% to 98% of the money that has been spent players. This is called the “theoretical payout percentage” or RTP, “return to player”.

The winning patterns on slot machines which is the amounts they pay and how often those payouts occur are carefully selected in order to yield a certain amount of the money played to the “house”, while the rest is returned to the players during play. Online casinos work the same way of course and at gambling-listings.com we only review those online casino sites that have the best odds for players.

How do we check this? We look at the software that is being used and the parameters that are involved. Let’s say for example that a slot machine costs $1 per spin. Over a long enough period, such as 1,000,000 spins, that the machine will return an average of $950,000 to its players, who have inserted $1,000,000 during that time. The slot machine in this case pays out 95%. The casino keeps the  remaining $50,000.

A hypothetical slot machine could show a payout structure as follows. It contains 13 possible payouts which range from 1:1 to 2,400:1.

The 1:1 payout comes every 8 plays.

The 5:1 payout comes every 33 plays

The 2:1 payout comes every 600 plays.

Most players assume the likelihood for these payouts to occur increases proportionate to the payout. The reason for the mid size payout is to create excitement for the player. This is the 80:1 payout. It is programmed to occur an average of once every 219 plays. The 80:1 payout is quite high and will get a player excited, but most people continue playing.

Just be aware that you always have to play both the high house edge and high payout wagers along with the low house edge and low payout wagers. A slot machine does not afford the opportunity to select the odds. Whether that is a good thing or a bad thing depends on your personal preference. The good thing of course is that at any time you can be in high pay out territory as shown above. It makes it possible for you to spend $1 to win the jackpot!

If you’re looking for more than just slot machines, go to one of the best online casinos. Read our reviews of the very best casinos.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: