Slot Machine Jackpot Odds
Slot Odds are Not As Bad As their Reputation The first thing, is to understand the slot machine’s game. Slots are programmed to pay out a certain percentage of money they take in. What this means for the player is that, if you put in 1 dollar, you are almost guaranteed to get back about 90 cents.
- Slot Machine Jackpot Odds Against
- Slot Machine Jackpot Odds Genesis Open
- Slot Machine Jackpot Odds No Deposit
- Slot Machine Progressive Jackpot Odds
Odds of hitting a slot machine jackpot In general, the higher the jackpot, the harder it is to hit. Exactly as you should expect. The lowest odds I've found are 1 in 32,768 (for a 1000-coin jackpot on a flavor of Red White & Blue), and the longest are 1 in 49,836,032, for Megabucks, which has a multi-million-dollar. The Odds of Hitting the Jackpot In the typical slot machines the top jackpot for every reel would correspond to just one virtual stop. What this means is that the chance of the player hitting the jackpot in one reel is 1 to 64. The odds of winning any casino jackpot vary from one game to another, on different coin values for the different bets you place, and in some cases on a slot machine game with the same denomination but playing on different machines.
Want to increase the chances of winning the slots jackpot? Well, to do so, most of the people are interested in understanding the odds related to heating the slot machine with a jackpot. However, the truth is that not a single person is aware of the actual odds of hitting the slot machine with jackpot. It is the responsibility of the experts to gather necessary data from the experience of the players as well as winnings for calculating and giving an approximate idea of the odds of winning slots. Not a single gaming manufacturer, online casino, or land-based casino are responsible for publishing the odds of slot game.Biggest Jackpot of Progressive Slots
The biggest jackpot of the progressive slotSlot Machine Jackpot Odds Against
s in the entire globe is Megabucks. Megabucks hits around at $12 million, but it can also hit at $33 million. It is important to know that if the jackpot is extremely high, it is difficult to hit it. The lowest possible odds include one in every 32768 for 1000-coin jackpot blue and red white pokies. The longest odds are 1 in every 49,836,032 for the biggest jackpot, Megabucks. Megabucks is known to have a multi-million-dollar prize. Therefore, if the jackpot is higher, it is more likely for you to lose within the short-term. It is going to take skill and talent to fund the extra-large jackpots. Those machines that have huge jackpots, like Megabucks and Wheel of Fortune, are responsible for having bad odds, not just for hitting the jackpot but also for smaller pays. The cost indeed is the same as playing on regular slot machines, but they are responsible for draining the money faster. Therefore, if you want a fair chance of winning within the short term, it is suggested that you choose machines that have small jackpots.Time Is Taken By Slots to Hit a Jackpot
As stated by slots expert Michael Bluejay, you can take one week to a complete year of full-time play for hitting the slots jackpot on an average. Therefore, the odds of hitting the jackpot on Jacks are around 1 in 40,000. The odds on the news slots games are also extremely long. When someone is hitting a huge jackpot, they need to wait for the staff from the casino to come and pay the cash by hand. Also, the players who are hitting the jackpot will take breaks and stop playing for quite a while. This is why newer pokies take time to hit the jackpot. Apart from that, the spin on the slot machine is random, that’s why it does not matter when the last jackpot has been hit. Not a single slot machine is going to be “due” to hit. Most people think that they can hit the jackpot by choosing a machine, which has not paid out recently, thinking that it is “due,” but the truth is that it is not. It is important to know that slot machines are not “due.”Slot Machine Jackpot Odds Genesis Open
Odds Associated with Winning Progressive Slots Jackpot
On most of the slot machines, the total amount of the highest jackpot is fixed. However, certain slots are known to have meters, which show that the amount of the jackpot is getting higher progressively. These machines are known as progressive machines. The portion of the amount that is played in these machines helps in pushing the jackpot higher. This means that when more players are playing, the jackpot is going to go higher up. Apart from that, these slot machines have been linked together. This means that irrespective of the machine on which you are playing, the jackpot is being fed, and the linked games may also win the jackpot. Slots that include Wheel of Fortune and Megabucks are the best examples of these kinds of slots. Therefore, even when you are walking from a single casino to another one, you will observe that Megabucks’ jackpot remains the same.Winding-Up
A great portion of every dollar played is responsible for fueling the jackpot. Most returns on typical slots come from smaller pays and not from the jackpot. Another important point to understand is that jackpots like Megabucks are normally paid in yearly instalments over a few years. It is your responsibility to understand whether the machine that you have chosen will pay you upfront or in small instalments.So who pays for those Volcanic eruptions? Pirate Battles? Carnival Parades? and Glittering Showrooms? Slot Machines. 60-65% of casino revenue is generated by those bell-ringing one armed bandits that seem to multiply on casino floors like rabbits. So how does the average player gain an advantage and possibly win? Well... aside from cheating (which we really don't suggest you get involved in) the only way to gain some sort of advantage is to choose your slots with utmost care and discrimination.
Slot machines in Las Vegas are required by law to payout 75% of the money that goes into them, actual payout in Las Vegas is approximately 95%. Will you be the one that takes the money instead of gives it? That is up to luck, but with a little investigation one can easily learn to identify which machines are more favorable to the player than others. Slot machines are all about the payout... Red White and Blue, Double Diamond, Dick Fucking Clark, Cherry whatever. At the end of the day what every slot player needs to do is look at the pay schedule on the machine they want to play. Very often the same machine one row over will pay 5,000 credits on 3rd credit jackpot while you're playing on a 2,000 3rd credit machine. Plain and simple you're cheating yourself.
Slot Spotlights
A few notable slot machines we here at VT have found more playable, or more interesting, than the other nonsense out there like Leprachaun's Gold or Tabasco Slots or whatever.
We like machines that have the best payouts on the lowest winning spins. These will keep you going longer between larger wins and not enact the ATM-In-Reverse principle seen at many of the larger joints (Venetian being the worst we've experienced).
100 or Nothing
Red, White and Blue
Slot Machine Jackpots Photo Gallery
Wheel of Fortune
Wild Cherry
Slot Machine Payback Percentages
Below are the slot payback percentages for Nevada's fiscal year beginning July 1, 2002 and ending June 30, 2003:
5¢ Slot Machines
The Strip - 90.32%
Downtown - 91.50%
Boulder Strip - 93.03%
N. Las Vegas - 92.97%
25¢ Slot Machines
The Strip - 92.59%
Downtown - 94.83%
Boulder Strip - 96.47%
N. Las Vegas - 96.63%
$1 Slot Machines
The Strip - 94.67%
Downtown - 95.35%
Boulder Strip - 96.48%
N. Las Vegas - 97.21%
$1 Megabucks Machines
The Strip - 89.12%
Downtown - 88.55%
Boulder Strip - 87.76%
N. Las Vegas - 89.41%
$5 Slot Machines
The Strip - 95.33%
Downtown - 95.61%
Boulder Strip - 96.53%
N. Las Vegas - 96.50%
All Slot Machines
The Strip - 93.85%
Downtown - 94.32%
Boulder Strip - 95.34%
N. Las Vegas - 95.32%
The Math of Casino Slot Machines
For every dollar you wager in a slot machine, you will lose 100% - Payback% of that dollar. For example, you're at Bellagio playing the $1 Double Diamond slot, wagering Two Credits ($2) per spin. According to the table, for every $2 spin you will lose 5.33% of that bet... just shy of 11¢. Granted these 11 cents don't get extracted instantly... this is computed over time. So if your bank roll limit is $10 it will take you, on average 52 spins before your bankroll is toast (under $1) and you are out of credits.
How was this number derived:
STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = ...
Repeat calculation until the number gets below the minimum bet - if you play long enough, you're gonna go broke. THAT is a FACT. Slot machines are entertaining, relaxing, require little thought beyond pressing a button. IF you want to truly GAMBLE, you might want to look into Video Poker, and eventually Blackjack as other options.
Granted, sometime in there you just might hit that $500 win on the Wheel of Fortune, or The Elvis progressive might shake rattle and roll $1000 your way... but the math inside the machine determines that you will in fact lose a certain percentage of your wager on each spin, and the more you spin... the more you will lose despite short runs of successful jackpots. If you find you are UP... leave. Every spin of a slot machine generates a random number that has NOTHING to do with previous numbers. SLOT MACHINES do NOT run in streaks (even if you might wish to think they do). Don't expect to get any of the money you put into a machine out of it unless you learn to press the CASH OUT button.
Gamblers Library
Slot Machine Jackpot Odds No Deposit
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Slot Machine Progressive Jackpot Odds
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