Using Probability and Payout Ratios When Playing Slots

January 12, 2016 In Blog

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When accessing online slot games at a casino site, each slot will have different odds and probabilities. Many players will take time to review the payout ratios of different slot games so they can choose one that offers the best chances to win. The ratios and probabilities are confirmed by an independent audit that is performed, so the numbers are accurate and players can use these to determine games that will offer more chances to win.

Payout ratios on slots will not change and can be as high as 99% on some games. The key to finding a slot that offers frequent payouts is to locate those that have the highest payout ratios. However, there is never a guarantee that any player will win as these numbers are derived over a period of time. Generally, the payout ratio represents the amount that players will get back when betting $100 on a machine, though these payouts will not all come at one time, nor will they always happen with one slot session.

Understanding Game Payout Percentages

Casinos will advertise the payout ratio of the games to attract payer and get them to wager. What these casinos do not do is offer the information on what can be lost. If players start their slots session with $100 and are playing a game with a 90% payout ratio, they believe they will win $90 by playing the game. The problem is that players do not see these winnings all at one time, so they continue to spin the reels and before long, their $100 has been depleted. Even though frequent small wins may have been enjoyed, they were not enough to be noticed and players usually end up spending their budget without benefitting from large payouts.

Applying Basic Strategies to Maximize the Probability of Winnings

There are different strategies that can be used that will help players benefit from the payout ratios. While there are no strategies that will alter the outcome of any slot game, these can help players preserve their bankroll and get the most spins out of their budget. It is important to consider the cost of the game and make sure that it fits within the set budget. Players need to keep in mind that most payout ratios are based on hundreds of spins on the game, so the key to winning is paying for as long as possible without depleting the bankroll.

Choosing Coin Denominations

Modern slot games that are fond online will offer players the ability to choose from different con denominations. This makes the game affordable for more players. Let’s say the maximum bet is 100 coins and there are coin denominations that range from $0.01 to $0.10. When players place a max bet playing for a penny, they are spinning for $1 per spin, but with the $0.10 coin denomination selected, this is increased to $10 per spin, which will surely deplete the bankroll faster. However, the payouts may be a bit larger with higher coin denominations, but the probability of winning will not change. To be a winner, choose games that are affordable and only play what can be lost. Try to maximize the time playing the game by choosing lower coin denominations when possible.

Total Bet Amounts

Since many slot games are video slots, there are multiple paylines and players can bet multiple coins per line. This may increase the overall payouts, but also increases the cost to play. It is suggested that players always examine all betting options and only play games that are affordable. It is beneficial to place maximum bets when possible, so try to find games with small coin denominations and few coins per line to extend the playing session.

In Closing

It is possible to find slot games that can offer amazing payouts, but players have to know how to select the right game and maintain their budget so they can play for the longest period of time. Payout ratios and probability will not guarantee that any player will be a winner when choosing a specific slot, but they can provide valuable information when comparing different game titles and choosing slots that will offer the best overall chances of winning.