Slot Machine Pay Table

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If you are new to the idea of playing slot machines, it is important to understand how to read a slot machine before you head out onto the floor and begin playing the slots.

One thing that should be understood is that although slot machines may look as though they are all the same, that is not the case. Not all slot machines are created equally. If you want to understand which machines are worth your time playing, it is critical to ensure that you know how to read the machine. This can be done by viewing the pay out schedule that is posted on the front of the machine. Quite a bit of information can be gleaned from reading the pay out schedule.

Get the best deals on Quarter Slot Machines when you shop the largest online selection at eBay.com. Free shipping on many items Browse your favorite brands affordable prices. A pay table is the name for the list of payouts on a slot machine or video poker machine. The table shows for each combination of symbols and the number of coins bet how many coins (or credits) the bettor will win. The pay table feature of the slot machine displays all possible winning sequences for that specific slot game. On older machines and some newer reel machines, the pay table is. He bought a slot machine and messed about with it in his garage to figure out its flaws. He worked out the computer chips inside the machines could be re-programmed to be manipulated to pay out.

Look for the Coin Denomination on the Slot Machine

The first bit of information that you will see is the coin denomination that is required in order to play that machine. One of the most common misconceptions about slot machines is that you need a quarter to play all machines. That is not the case. There is a variety of different types of machines. Some slot machines do take a quarter but there are also penny slots and machines with denominations much higher than a dollarl.

Understand the Multipliers and Payouts

Mystical Ruins Slot Machine Pay Table

One element that must be paid attention to on a slot machine is the multiplier. Every slot machine has a payout for specific symbols as well as the number of coins that are played. For example, if the machine you are playing pays five coins for three bells then it will pay ten for the second coin that you play and fifteen for three coins played. There are also bonus multiplier games. In these types of slots, the game will operate similar to a basic multiplier game with the exception that a bonus is offered when a player plays the maximum number of coins and then hits the jackpot.

You also need to look at the multiple payline. Some machines have more than one line of play. Each coin will activate a specific line on this type of machine. In the event that you win on a line that has not been activated then you will not receive any pay.

Understand The Top Payouts and How to Win

There are also buy-a-pay machine. In order to receive the biggest jackpot on this type of machine you must play the maximum number of coins. In other words, if you only play one coin on this machine and you hit the progressive slot jackpot then you will not actually win anything. You should never play this machine unless you are playing the maximum number of coins.

Is it a Progressive Slot?

Finally, there are progressive slots. A progressive slot machine uses a certain percentage from all of the money that is played and adds it to a pool that is used for a top jackpot. Megabucks is one of the most common types of progressive slot machines. The payback on lower wins is typically much lower than on other machines in order to allow for the chance of a really large top prize. This is another machine that should never be played unless you are prepared to play with the maximum number of coins. It's also worth noting that a progressive slot is one of the games you should avoid. Sure the payouts are mouth watering, but reality is everyone is chasing the exact same dream and the likely hood that your going to win is - well, you have a better chance of getting struck by lightening. If you want to conserve your bankroll..stick to the standard slots.

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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 Pay Table

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.

Pay

American Original Slot Machine Pay Table

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

VT fully recommends the following books to help you decrease the house advantage on casino card games.

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