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You might actually win once in a while. Well, I DO play blackjack, craps, roulette, and baccarat. And, I DO win money playing slots too.
One of the reasons I decided to create this website is to dispel some widely held myths about playing these machines.
You have a better chance at winning at blackjack, craps or roulette than you do playing slots. The first thing I should get out of the way is the widely held belief that you are much better off playing blackjack than you are slots.
For some reason the print on this report is very light it is a little better if you download the pdf version of the report , but if you scroll down to page four of this report you will find the report for January and the three and twelve months ended January 31, Next, look at the far right columns of each section, you will find the average win percentages for all non-restricted gaming licenses across the state of Nevada.
Please take a moment to review the column detailing the win percentage for different casino games for the twelve month period ended January 31, Look at the casino win percentage for blackjack twenty one.
Now take a look at Craps with a casino win rate of Compare this to the win rate for penny slots at How about 25 cent or quarter slots?
What does all of this mean? You have a slightly better chance at winning at penny slots than you do at blackjack. You have almost twice the chance at winning at quarter slots than you do at blackjack.
Higher denomination slots machines payout at the same rate as penny slots. Another thing you will notice from the report is that the larger the denominations of slots you play, the lower the casino win rate and thus the better percentage for the slot player.
Do wonder why that is? The reason is that the larger denomination of slots machine game you play, the faster you play your money thru the machine.
Therefore the casino can earn the same amount of money on a large denomination slot game at a lower win rate as they can at a penny slot game with a higher win rate.
This one kills me. Are you kidding me? Casinos LOVE slots players. Take another look at the Gaming Revenue Report referred to above and you will see that the casinos earn three times as much money from slots players as they do from all the table games combined.
Another thing to note is the amount of casino floor space set aside for slot machines and the number of people playing them.
The casinos love you man. That is why all of their players clubs were originally called slots clubs. A lot of people actually believe this one.
Many times I have seen slot players watching me and waiting for me to leave so that they can sit down and play the slot machine I just dumped my money into.
A long time ago when mechanical slots ruled the world this might have been true. Nowadays, in the age of computers and random number generators this is simply not the case.
Folks, these days slots are pre-programmed to pay out a certain rate over the life of the machine. You are just as likely to hit a jackpot one your next spin as your are your th spin, or tomorrow or next week.
I am making a beeline for that machine when they get up. All casino slots have the same payout rate.
A survey was done a few years back in Las Vegas of slots payout rates by casino. It turned out that The Palms had the highest overall slots payout percentage and The Venetian had the lowest.
I can personally attest to the latter as my wife and I have been killed playing slots at the Venetian. Each casino sets their slots payout percentages where they want them — and they are all different.
Some casinos will even advertise their slots payout rate. Generally, the slots in Louisiana payout better than those on the Las Vegas strip and the Indian casinos in Oklahoma payout better still.
Here is a tip for you. Same can be said if you are looking for a better blackjack game or more generous craps odds.
Better yet, ask someone who works in the casino you are staying at. They almost always gamble and are happy to share their knowledge. I told a blackjack dealer at the Venetian once that we had been slaughtered playing slot there.
We did and had great luck there. Not one of your ritzier places, but, they have better slots odds. No, they do not payout as well —they pay better.
And, they are winning. In know a lot of people making the one to one and a half hour drive weekly. They are fun to play and more importantly, they pay out.
You just cannot win playing slots. As compared to what? First of all, if you are trying to gamble to make a living — forget it. Casino games always favor the house.
If you could give you one piece of advice to make playing slots more fun it would be this — learn to be a winner. Quit while you are ahead once in a while and your slot playing experiences will be that much more enjoyable.
This is the key to winning at slots. Slots strategies are worthless — unlike the other games such as baccarat, blackjack, craps and roulette. Let me ask you this?
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