Max Bet On Slot Machines
- Should You Max Bet On Slot Machines
- Should You Play Max Bet On Slot Machines
- Handpays On Max Bet Slot Machines 2019
Casinos have more slot machines than all of the other games combined. But unlike many casino games, the slots still have some secrets.
- Just in case you are new to playing slots Max Bet or Maximum Bet is the highest amount of coins or credits you can play in a single spin. For example most classic slots let you play up to three coins per spin - a max bet of three coins. This gets a bit more complicated with video slots - see below for details.
- Just in case you are new to playing slots Max Bet or Maximum Bet is the highest amount of coins or credits you can play in a single spin. For example most classic slots let you play up to three.
Looking to play slots online? Check out one of the sites above!
For video poker games, the maximum bet is usually anywhere between 5 and 20 coins. For slot machines, the maximum bet can sometimes reach over 100 coins. The main reason why.
Here’s a list of 15 slot machine secrets the casinos don’t want you to know about.
1. Slot placement isn’t random
Although casinos would like you to think that everything on the floor is placed in a completely random way for ease of access and aesthetics, this certainly isn’t the case.
Every square foot of the casino is analyzed, measured, and reported on by the casino gaming department. Traffic patterns are monitored and value is placed on certain areas of the casino to determine which slots or games to place in that area.
Usually, the highest yield slots are placed in the most popular locations in the casino. On top of this, the most popular slots are also placed in these areas to attract players into the casino to play.
So now you know that those slots that are most prominent and visible are the ones that make the most money for the casino, which means they’re also the most disadvantageous for the player. Head towards the back of the casino next time you want to play slot machines to find a better value.
2. Some slots pay out more than others
Not all slot machines are created equal, and this means they all don’t pay out at the same rate.
Generally speaking, video slots pay out less than classic reel slots. This is because reel slots are cheaper to run and maintain, and aren’t as appealing to the player as the video slot.
Video slots are now extravagant and have pop-culture themes, which attracts more players. Because of this, the casinos can dial down the payout rate.
Alternatively, the classic slots aren’t as popular or appealing anymore so the casinos will dial up the payout rate to attract more players, and subsequently keep you at the slot longer. I suggest you do a bit of searching on the internet about slot payout rates as this information is widely available, particularly for popular gaming locations.
3. The slots club doesn’t exist to reward you
This is one of the biggest cons in the gambling industry. You know how the casinos promote themselves as giving back to the player and rewarding you for your play? This is all a lie.
Now, I’m not saying you won’t get some free play credits, access to promotions, and other comps for being a part of the slot or player’s club, but this isn’t why it exists. It exists to provide the casino marketing department with player data so that they can attract and retain you as a customer.
Yes, that’s right, all the free money and comps you get out of the casino are from the marketing department. They will analyze your play, movement, likes, dislikes, and betting patterns to determine how best to market themselves to you so that you return.
The slots club is a powerful marketing tool, and while it’s always a good idea to join and use your card whenever you play, don’t fool yourself into thinking that this is all done to reward you.
4. You can’t win at slots in the long run
People do win at slots all the time. They have big wins and small wins; the problem is that on a long enough timeline it’s impossible to win.
Slots are manufactured and programmed in a way to ensure that they only pay back a certain percentage of the money that’s placed into them by players. Usually, this is in the range of 70-90% but it can be far worse or better depending on where you’re playing.
No one would ever play if you didn’t win from time to time, so this is also built into the machines. Some casinos don’t want you to know this and in some US states, they don’t even have to tell you what the payout rate is. Fortunately, there are many states that do provide it to players, and I highly recommend taking advantage of that information.
Although it’s pretty common these days for players to know that you can’t win in the long run, some still don’t know, and those that are oblivious to this fact are loved by casinos.
5. Max betting is the best option
This one may seem counter-intuitive but it’s true. On most slots, max betting activates all the bonuses and jackpots and increases your odds of getting lucky and winning, which makes it the best option for players.
Although it doesn’t make too much of a difference, it still creates more favorable conditions for the player. The casinos don’t want you to know this because they want you to bet small and more often at a worse payout rate, which makes them more money in the long run.
One thing you certainly don’t want to do though is max-bet above your bankroll and burn through more money than you intended to. Playing more than you can afford to lose is playing right into the casino’s hands. If you can’t afford the max bet on a slot then drop down in denominations or move to a machine where the max bet is smaller and works within your bankroll.
6. Class 2 slots aren’t really slots at all
Sometimes you’ll come across slot machines that are classified as class 2 slots. These are usually found on native Indian reservations or racinos in the United States.
These aren’t traditional slots like what you would find in Las Vegas. Vegas slots are Class 3 slots and are proper slot machine games.
Class 2 slots are actually pre-programmed bingo games which present a slot face for entertainment purposes. Class 3 slots are usually illegal in the jurisdictions that have these slots bingo games, so game manufacturers and casinos combined their forces to come up with this alternative.
Sometimes you’ll see a small bingo card on the bottom corner of the screen which will straight away tell you that this is a class 2 slot machine. So, be warned, these machines are not slots at all and you’ll be effectively playing computer bingo when you start spinning on these.
7. Video slots pay out less than classic slots
Big fancy video slots will almost always pay out less than classic reel slots. This is because of the fact they’re more entertaining, draw more players and action, and cost the casinos a lot more to run and maintain.
These big machines often take up two to three times the amount of space compared to classic slots and tend to cost the casinos a lot more to keep them running. In order to maximize profits, the casinos will then dial down the payout rate on these machines so they still make enough money on them.
Immersive video slots are a huge moneymaker for the casino, so don’t go in thinking you have the same chance of winning on these compared to traditional old school slots. If you’re looking for better chances to win on slot machines, then stick to the classic slots.
8. Slots are completely random
Casinos don’t want you to know this, but slot machines are completely random in nature. Although they are weighted to pay out at a certain rate, this is still in line with the randomness of results that a slot will produce.
Each spin is completely independent of the previous spin. As an example, if you were to win the jackpot on one spin, then the likelihood of winning the jackpot on the next spin is exactly the same. No previous events impact future events. This isn’t how they work.
Casinos don’t want you to know this because they want you to think slots are “hot” or “cold”, because that will cloud your judgment in respect to how much you play and gamble. This works out better for them in the long run so they are happy for these myths to grow and spread.
9. All of your play is tracked
From the moment you sit down at a slot and enter your player card and cash, every movement you make is tracked automatically by the casino. Slot machines are now networked and have sophisticated hardware and software to track everything you do.
This information is collected, analyzed, and insight reports are developed and delivered to the casino marketing department so they can work out the best possible way to market their casino and slots to you so that you keep coming back and play more. If you don’t want your play tracked then simply don’t use your player’s card, but then you won’t get any casino comps.
In the near future, if it’s not being used already, casino marketing departments will start using security infrastructure to monitor and track your play irrespective of whether you use your card or not. Facial recognition programs will detect you, associate you with a player’s card or create a new player account and track everything you do on a video feed.
This is a bit scary and it shows the lengths casinos will go to. If you play online, everything is tracked under your player account, so it’s easier for online casinos to monitor what you do in this respect.
10. Payout tickets are more likely to be put back into a machine
Over the past 20 years, casinos have slowly phased out cash payouts at slots. These days you’ll likely receive a ticket when you cash out, which you then must take to a cash-out machine or the cage to exchange for cash.
While the casinos will claim this is for your convenience, one of the main reasons they’ve made this change is to disassociate you from the fact you’re holding money. This is similar to what they do with chips on table games.
Psychological studies have proven that people are far more likely to gamble more with a ticket or chips, as opposed to cash. So don’t be fooled into placing your ticket into another slot on the way to cashing out, they’ve done this on purpose. I’d recommend that you always cash the tickets out for cash every time, instead of keeping it for play later.
11. Slot arms don’t exist as much anymore because they slow down play
Back in the day, pretty much every slot machine had an arm, or lever, that you pull to activate the spin. These days it’s much harder to find machines that have these.
While there are a few reasons for this, the main reason and the one the casinos don’t want you to know is because using a lever is much slower when compared to pressing a button. Casinos want you to be playing as quickly as possible when it comes to slots because the more you spin the more the odds move in their favor.
So by having buttons instead of levers the game moves a lot faster. Some may even say they’ve removed the lever so people don’t refer to slot machines as one-armed bandits anymore, but that may just be here-say.
12. Games are designed to be played as fast as possible
As we touched on in the previous secret, casinos want you to play whatever game you’re on as quickly as possible. While one of the main measurements on a slot is the time spent playing, they also want you to play as quickly as possible.
This increases the yield on the machine for the casino, meaning they make more money. Consider this, if you have a bank of widely popular slots which many people want to play, and it takes 20 seconds per spin, that’s quite a lot of time.
If a spin takes five seconds then you’re getting four times the amount of play on that machine which results in much more money passing through. So, all the time the casinos are trying to think of ways to make games happen much faster. They don’t want you playing slowly, so make sure you take your time next time you sit down at a slot. After all, the more time you play the more entertainment value you get.
13. Slot sounds and graphics are designed to make you feel happy
One thing that casinos certainly don’t want you to know about is the fact that slot machine manufacturers have teams of psychologists and researchers that provide advice on what sounds, colors, movements and graphics to use in games in order to make the player feel as happy as possible.
This is both good and bad. Firstly, it’s good if you’re playing for entertainment’s sake and know your limits when it comes to how much money you’re willing to play with. If this is the case then why not play a game that’s designed to make you feel happy.
Secondly, it’s bad when it comes to problem gamblers who don’t know when to stop and are chasing that happy feeling that the games give them. So this is a two-way street; that’s for sure. Casinos probably don’t want you to know this because it isn’t a great look.
14. Sometimes a win isn’t a win
One recent trend on slots is to play a jingle and show an animation showing that a player has had a win; this used to be a good thing and it meant you were making a profit, but not so much these days.
Much to the ire of lawmakers and the regulators, slot machines now play this jingle and imply a win, even when the spin results in less money won than you actually wagered on that spin in the first place. So this is essentially a loss and it’s trying to trick the player into thinking that they won.
Regulators are trying to have this outlawed but it will take some time. So, next time you’re playing don’t be fooled by the animation and sounds and the on-screen advice that says you’ve had a win. Make sure you check how much you ‘won’ when compared to how much you bet, before you celebrate.
15. Major progressive jackpots are played across multiple venues
Have you ever walked past a progressive jackpot slot machine and stared in awe at the huge jackpot which is currently available and is running into the millions of dollars?
If so, then you may not be aware that these slots are actually linked nationwide and the jackpot is played across thousands and thousands of machines and the casinos actually have no part in this prize.
Casinos don’t want you to know this of course; they want you to think that it’s just that machine so that you sit down and play and spin away thinking that you’re the only person who could possibly win that prize at that time.
These major progressive jackpot machines actually take a small cut from each bet you make and divert it to the major jackpot. So you should never play on one of these unless your ultimate goal is to win the life-changing money, and there’s certainly nothing wrong with that.
Conclusion
Casinos are designed to make money just like any business. The slot machines are a big piece of the profit puzzle so the casinos do everything they can to make them more profitable.
Now that you know these 15 slot machine secrets the casinos don’t want you to know you can gamble as an informed player. If you love slots there’s no reason to stop playing, but you should know these secrets before you play again.
When is the right time to bet maximum?
By John Grochowski
For decades, players have been told they should always bet the max to get the best possible payback percentage. That’s still the case for most of the three-reel stepper slots, as well as on a small percentage of video slots.
But simply getting the highest payback percentage isn’t the only goal of slot play. It’s also important to protect your bankroll and avoid betting money you can’t afford to lose. Like other casino games, slot machines have house edges built in through math, and bigger bets bring bigger average losses.
That’s no different than in blackjack, where the vast majority of us who are not card counters will lose more money if we bet $25 than if we bet $15, and more if we bet $10 than $5. Same deal on craps, baccarat, roulette, three card poker or anything else – average losses are lower when you bet less, and lowest if you don’t bet at all.
Of course, we’re not going to skip betting altogether. The winning times make it all worthwhile, and the fun built into modern machines at least gives us a day’s entertainment when the wins don’t come.
Still, there’s that old question. But instead of “Should you bet the max?” it’s usually better to come at it from a different angle. The question can be reformulated as, “When your bankroll can’t stretch to the max, should you choose a different machine?”
The answer to that question depends on the type of game.
Consider the following options.
THREE-REEL, NON-PROGRESSIVE GAMES
The reason you get a higher payback percentage for betting the max on such games is that a max-coins bet brings a disproportionate jump in the top jackpot.
For example, a one-coin bet might bring a top jackpot of 1,000 coins, which rises to 2,000 with a two-coin bet. Instead of a proportionate rise to 3,000, the payoff jumps to 5,000 with a three-coin bet.
Betting only one or two coins will lead to a lower overall payback percentage. How much lower depends on both size and frequency of jackpots. But there’s no way for a player to know the jackpot frequency designed into the odds of the game. That said, we can make up an example to show you the effect.
Our hypothetical game has the paybacks listed and the jackpot occurs an average of once per 20,000 spins. Assuming a three-coin bet, then per 20,000 spins you wager 60,000 cred- its. At 95 percent return – on the high end for dollar machines – your return is 57,000 credits, with 5,000 coming from the jackpot and 52,000 coming from other spins.
Now assume a one-coin bet, making the total risk 20,000 credits. Your average return is 1,000 credits for the jackpot and 17,333 credits on smaller pays – one third of the 52,000 you get on small pays with max bet.
That’s a total return of 18,333 credits. Divide that by your 20,000-credit risk and multiply by 100 to convert to percent, and you get a 91.3 percent return. A two-coin bettor also gets that payback percentage.
That 95-percent game becomes a 91.3-percenter when you bet less than the max. However, your average total loss of 3,000 credits when you bet max drops to 1,167 credits when you bet one credit at a time.
A player on a limited bankroll may find it worthwhile to accept the lower payback percentage and bet less than the max on three-reel steppers. However, note that the 91.3-percent return takes the payback into normal range for quarter ma- chines. Betting the max on a quarter machine usually will be as good a play on a percentage basis and a better play on a dollars- and-cents basis than betting one coin on a dollar game.
THE FACTS: For players on a budget, betting less than the max isn’t the worst thing in the world, but it’s even better to drop to a lower coin denomination.
Should You Max Bet On Slot Machines
THREE-REEL PROGRESSIVE GAMES
The situation is similar to three-reel non-progressives, except that a bigger share of the overall return is concentrated in the progressive jackpot.
Let’s take the dollar machine above and make it progressive. Now lining up three jackpot symbols brings you 1,000 credits if you bet one credit, 2,000 if you bet two and a progressive pot if you bet three.
The money to fund that progressive pot has to come from some- where, and where it comes from is you. A portion of each bet is added to the pot. The tradeoff is that you get less in smaller pays.
Should You Play Max Bet On Slot Machines
Let’s say you get one percent less in smaller pays and that money goes to the progressive pot instead. Then instead of the one-coin bettor getting 17,333 credits in smaller returns, he gets 17,160.The overall payback for a one- or two-coin bettor drops to 90.8 percent. If smaller pays are reduced by two percent, the overall return drops to 89.9 percent, and so on.
On a dollar game, the return to a one-coin bettor quickly drops below the normal return for betting the max on a quarter machine.
THE FACTS:If you have a big enough bankroll and want to chase the big jackpots, go ahead and bet the max. But players on a budget should avoid short-coin play on three-reel progressives. If you can’t afford to bet the max, change machines and pick either a non-progressive machine or a game at a lower coin denomination.
VIDEO NON-PROGRESSIVES GAMES
It’s always worth checking the pay tables to make sure, but video slots in the usual five-reel configuration almost always have proportionate pay all the way up the pay table.
Handpays On Max Bet Slot Machines 2019
There is no bonus for betting the max. The payback percentage is the same regardless of whether you bet one coin per line or bet the max. But the situation gets a little trickier if side bets are required to activate game features such as pick’em bonuses or free spins. If you don’t make the side bet, you’re left with a game with no bonuses.
We have no way of knowing the payback percentage on such games if the bonuses are not in play, but aren’t the bonuses why most of us play video slots in the first place?
THE FACTS: On most non-progressive video slots, there is no penalty for betting minimum coins. One-coin-per-line customers can enjoy to their hearts content, while those who want to take a shot at multiplying winnings can bet more if they wish. However, if a side bet is required to acti- vate bonus features, players whose budgets won’t stretch to the extra bet should choose a different game.
VIDEO PROGRESSIVE GAMES
There have been video slots with progressives that give a big jump in the top jackpot with a max bet, just like three- reel progressives. However, these are rare. Should you find one, the situation is the same as on three-reel games: If you don’t want to make the required bet to be jackpot-eligible, choose a different game.
The most common video slot progressive formats have multi-tiered jackpots, with levels named mini, minor, major or grand, or bronze, silver, gold, platinum, or some other combination with names corresponding to jackpot sizes.
The smallest are designed to occur frequently and might be only a few dollars. These are rapid-hit jackpots, there to hold your interest and keep you involved in the game. The top level can be hundreds, thousands or tens of thousands of dollars.
Two common formats for multi-tiered progressives are mystery jackpots and separate-bet jackpots.
In mystery jackpots, all players are eligible for the same jackpots, regardless of how much they bet. Those who bet more will win more frequent jackpots because the bigger bets give them more chances to push the jackpot up to the mystery trigger. However, that’s offset by the bigger risk of bigger bets.
On video progressives with side bets, you must make the extra bet to be eligible for the progressives. With the frequent-hit small pays being an important part of keeping you in the game, you want to be eligible for the progressives.
THE FACTS:If you’re playing video progressives with mystery triggers, there is nothing wrong with making minimum bets per line. However, if a side bet is required, you should either make the extra bet or choose a different game. Too much of the game’s fun and payback is tied up in the progressives to play without jackpot eligibility. If you need to conserve bankroll, choose a game where the extra bet is not required.