• Best Strategy For Penny Slots Machines
• Best Strategy For Penny Slots Free Play
• Gambling Strategy For Penny Machines
• Best Slot Strategy
• Best Strategy For Penny Slots Money
• Best Strategy For Penny Slots Free

That’s right, the low penny slot machines pay out at a poor 80% to 85% range. Many Players are drawn to the low line betting slot machines, believing that they can play longer with the potential of winning more and winning big. This strategy would make sense if the pay out ratios of all the slot machines are the same, but they are not. Taking advantage of slot bonuses is the easiest way to gain an edge on the casino. This is the best part of being a penny slot player. Land-based casinos reward slot players handsomely with complimentary rooms, meals, slot play, invitational slot tournaments, and more. Slot machines come in different denominations, like penny slots, 5-cent slots, dollar slots, etc. Dollar slots have bigger payouts, but more risk and you might hit your loss limit faster. Penny slots won’t bankrupt you, but you won’t win big, either. However, you can spend a lot of entertaining time playing. The Best Slots Strategy When it comes to playing slot machines there are many different strategies that you can use to win. Your number one rule before putting any money into a slot machine whether it is online or in a casino should be not to gamble more than you can afford. By Our Very Own: Chris Kelley.

Slot machines are popular, which means most gamblers have tried them at least once. With so many people playing the slots, there are bound to be questions come up from time to time.

Here are answers for nine of the top slot machine questions. These are questions that I tend to get asked by slots players on a regular basis, so the odds are that you have some of the same questions.

1 – Can You Really Play Slots for a Penny?

One of the best marketing strategies in gambling history was the invention of penny slot machines. The name implies that you can play slots for a penny and have a chance to win a big prize. This single marketing strategy might have brought more people to casinos than every other strategy in history.

The problem is that it’s a lie. While there might be a slot machine somewhere online that you can play for a penny a spin, I’ve never seen one. The truth is that the name penny slot machines simply mean the minimum bet per line is a penny.

And on most of these machines you have to bet more than one penny per line to unlock the top payouts. So, the answer is no. You can’t really play slots for a penny.

2 – Can You Beat the Slots in the Long Run?

A few players make money playing slots. The first way to make money playing slots is to get lucky enough to hit a huge jackpot and stop playing before you lose it all back to the casino. Some jackpot winners take a long time giving their winnings back, but over time you’re going to lose it back unless you stop playing.

The other way to make money playing slots is to chase progressive jackpots when they climb high enough to overcome the house edge. You still have to get lucky enough to hit a jackpot eventually, but this is possible.

This means that sadly the answer for almost everyone is you can’t beat the slots in the long run. Any strategy that involves so much hope and luck is a bad strategy.

3 – Should I Always Bet Max Coins?

This is an interesting question, because either possible answer can be correct. If your goal is to lose as little as possible, you should always bet the minimum amount. But if your goal is to have a chance to win a huge jackpot, you should always bet the maximum coin amount.

The reason why you need to bet max coins is because most slot machines require a max bet to unlock the top prizes. Can you imagine a worse feeling than hitting the winning combination for a huge jackpot and not receive it because you didn’t bet max coins?

4 – What’s the Difference between Jackpots and Progressives?

Some slot machines have jackpots and some have progressive jackpots. The name jackpot is used for the top paying combination on most slot machines. Some slot machines have a main jackpot and one or more smaller jackpots.

A progressive is a jackpot, but not all jackpots are progressives. A progressive jackpot grows with each bet until a lucky player hits it. Then the progressive resets to a lower amount and starts growing again.

5 – Are Online Slots Bonuses As Good As They Sound?

Online slots bonuses for the most part are good. Most of the times you make a deposit and play online slots you’re going to keep playing until you lose all of your deposit. So anything you can do to increase your bankroll is a good thing because a larger bankroll allows you to play longer before you run out of money.

The problem is that some bonuses have terms and conditions that make it hard to cash out when you get lucky and hit a big jackpot.

Some of the worst slots bonuses limit the amount you can withdraw on a weekly or monthly basis. This isn’t an issue for most slots players, but if you hit a big jackpot it can be a problem.

The good news is that most reputable online casinos like the ones we recommend on this site have fair slots bonus terms and conditions. The important thing to know is that you need to read all of the terms and conditions before accepting any slots bonus offer. This is the only way to make sure the bonus is as good as it sounds.

6 – Do I Have to Pay Taxes on My Slot Machine Winnings?

Before I answer this question you need to understand that I’m not an accountant and I don’t offer legal or financial advice. The owners of this web site also don’t offer legal or financial advice. Now that you know this, here is some general information you need to know.

The tax laws vary by state in the United States, and by country outside the US. The best way to get an answer to your question is to talk to an accountant or tax professional where you live.

For the most part, if you make more than you lose in a year playing slots, you’re required to pay taxes on your win. The casino is also usually required to keep a percentage of a big win, like a jackpot, in some states.

The best advice I can offer is to track all of your wins and losses closely when you play slots. Most players don’t track their losses, and then when they get lucky and hit a big win they can’t prove their losses to reduce their taxes.

Ask the player’s club where you play slots if they track your play and can provide a statement every year for tax purposes.

7 – Can the Casinos Change the House Edge on Slot Machines?

I get this question often, and it’s usually after someone has a losing slots session. Some gamblers are convinced the casinos are out to get them and that the casinos cheat.

The truth is that the casinos are out to get your money, and they don’t have to cheat to get it. The casino simply has to offer gambling opportunities following the rules set down by whoever licenses the casino, and they automatically make money. Every casino game, including slots, is designed to make a profit for the casino.

The casinos have options for the house edge on their slot machines.

But casinos don’t have a master control that allows them to change the house edge on slot machines while you’re playing. And even if they did have a master control, they don’t need to use it because you’re already playing a machine that locks in a long term profit for the casino.

If you’re worries that the casino is cheating you, you should stop playing. This is the only way you’re going to stop losing money.

8 – Are Online Slots or Land Based Slots Better?

This is 100% a matter of what you like. I like the convenience of online slots because I don’t have to travel to the casino, but I also like the atmosphere of live slots play in a land based casino. At the end of the day, real money online slots and land based slots are basically the same. For this reason, I don’t think one is better than the other.

9 – I Like Table Games But All My Friends Play Slots. Am I Missing Something?

No, you’re not missing anything. I also have friends who only play slots, and I usually stick with table games. You should play whatever you want to play, and let your friends stick with the slot machines.

I don’t play slots often because I don’t like not knowing the house edge of the game I’m playing. Most slot machines don’t have publicly available house edge numbers. I also like to play games where I can use strategy to improve my chances to win. You can’t use strategy to improve your chances of winning playing slots.

But these are personal issues and choices and I don’t try to push them on others. I do play slots from time to time; usually chasing a big progressive jackpot. It’s about the same as buying a lottery ticket for a big jackpot draw. I know the odds of winning are extremely small, but I’m willing to invest a few bucks for the chance at a huge win.

Conclusion

Now that you know the answer to these nine slot machine strategy questions, you can get back to spinning the reels. If you have a slot machine question that isn’t included on this page, leave a comment below and I’ll try to get your question answered in a future column.

Want to be a better Slots Player?

Easy slot hacks to help you play, win and enjoy more!

Slots has become the most popular casino game that has ever been invented. It forms over 50% of the revenue in casinos and racinos in the US, is easily found in Canada, Europe and Australia, and now growing in other parts of the world. For some venues, slot machines can generate more than 90% of total gaming revenue, even when coupled with other casino table games that are also on offer. And some venues simply have slot machines. This just goes to show how popular slots are!

You would think that the majority of Players would know a lot of traps to avoid, given how popular slots is. But it’s astounding to discover that many Players are missing out on some really great slot hacks.

If winning and extending your bank roll is important to you, then please read on.

Hack 1. Don’t try and beat the system

Replicating the winning pattern of a slot machine is impossible. At the heart of it, are very complex algorithms. Don’t try and beat the system.

The design of a slot machine is to give random results which are to pay out in an uneven distribution. Coupled with this, the effect of the uneven distribution is to build up the suspense – simplistically as a string of losses followed by an incredible win. This randomness of an incredible win is structured so that playing slots entices Players to keep going until the jackpot comes. And this is what makes slots so exciting!

Understanding randomness, knowing that it is created by computer logic, is what trips many slot Players. In our minds, we know that another human being created a “winning pattern logic” for the slot machine. And sometimes when we play slots we can easily think “yep, I know when it’s going to pay out big!” We know it’s not really random, because our fellow computer IT programmer created a maths formula for it. And of course, what happens next is that the wagered amounts get bigger and bigger, and suddenly it’s all gone. The bank roll has vanished, and it’s all over, nothing left. Avoid the trap of thinking you know the winning pattern – whether it be hot or cold machines, jumping on a machine after another Player has won (or lost) and so on.

Hack 2. Pay attention to denomination pay out ratios

Win more on the higher denominated slot machines. They have a higher pay out ratio.

This may come as a surprise, however it is the lower denominated slot machines that have the worst pay out ratios. That’s right, the low penny slot machines pay out at a poor 80% to 85% range. Many Players are drawn to the low line betting slot machines, believing that they can play longer with the potential of winning more and winning big. This strategy would make sense if the pay out ratios of all the slot machines are the same, but they are not.

Below I list out the approximate pay out ratios by denomination:

• 25 cent machines roughly return 85% to 88%.
• 50 cent machines roughly return 89% to 90%
• $1 machines return roughly 90% to 91%
• $5 machines return 92% to 93%
• And machines wagering higher 93% to 98%.

Don’t be confused, believing that on the 25 cent machine more lines can be played (because smaller amount), whilst on the $5 machine less lines. And therefore you will win more often on the 25 cent machine. No, No, No… it’s doesn’t matter how small or big you wager, the pay out ratio is the pay out ratio. If you wager on more lines vs less lines, it makes no difference, the pay out ratio remains the same. The mind tricks you with the small vs big denomination perspective.

Hack 3. Align excitement to winning patterns

Alignment will prevent a sudden ALL IN wager. It helps keep your bank roll alive.

In general, the regularity of hitting a win on a slot machine decreases with the size of the jackpot.

Therefore, if you are seeking for an experience of more frequent small wins, then look for a slot machine with a smaller jackpot, make sure it is not interlinked and not progressive.

Frequency of wins can vary from as little as 7% to 25% of the number of rounds played. The frequency, however, doesn’t mean that one machine will have a lower pay out ratio than another. They could both have the same pay out ratio, but the distribution of winnings can vary greatly in amount.

Hack 4. Avoid Progressive

Avoid interlinked progressive slot machines.

If you are playing interlinked progressive slots, then the pay out ratios are significantly lower than listed in the Pay Out Ratio Hack. This is because the pooling of funds drives a lower average pay out to Players. In particular, avoid the large jackpot interlinked progressive slot machines. These behave like lotto with the odds of winning excessively low.

The odds of winning on interlinked progressive type machines, is on par with playing Powerball i.e. it is ridiculously low. That’s not to say you can’t win, but it is really really really low. Say like, 1,000,000,000 to 1. You need more than a life time to play all the combinations!

Best Strategy For Penny Slots Machines

Hack 5. Play at Singles

Best Strategy For Penny Slots Free Play

Play at independent slot machines, the odds of winning are higher.

Progressive slot machines can be classed into three groups:

1. Intercasino-linked – the jackpot can be won in any casino that is part of the network. The jackpot is usually huge because it is pooling the funds from all players on the network. Example: Megabucks
2. In-house – Players using the same machine accumulate towards the jackpot. Can still offer huge winnings, but not connected to a larger pool like intercasino linked.
3. Single/Independent – one Player drives the progressive jackpot.

As previously mentioned, avoid playing the intercasino linked progressive slots as the odds of winning are ridiculously low.

Progressive slot machines to look for are therefore the single/independent. And if you are looking for more frequent payout, the lower offered jackpots are the slot machines to play at.

Hack 6. Online Slots have better pay out ratios

Play Online Slots: pay out ratios online can be higher by up to 5%.

Online Slots (and mobile) behave very much in the same fashion as casino slots. In fact they are exactly the same! The only difference is that the output is through a web browser or mobile phone, whilst at a land based casino it’s via a machine.

Often the trust factor is much lower for Online Slots than slot machines. There is a misconception that Online Slots are programmed to scam gullible players as there is no regulation, whilst land based slot machines can be trusted because they are regulated.

This cannot be further than the truth. Both Online Casinos and land based casinos are regulated, must purchase a license and abide by laws. In fact, in some cases the land based casinos are less transparent. Take for instance, native American casinos in the US, they are allowed to be self regulated and are not required to disclose their pay out ratios.

The pay out ratios for Online Slots are far better than those offered at land based casinos. This is due to lower overhead costs – easier to maintain, no cash to handle, no venue to be kept and greater audience reach.

Hack 7. Put less in the bank roll

Don’t feel obligated to use up all the bank roll.

Often I see Players at slot machines with the need to “suddenly” leave. And in the bank roll there remains an easy hundred or so dollars left. So what happens? The Player bets big and on many lines, just to complete the gaming session and to use up the remaining bank roll!

Don’t do this. Leave with money in the bank roll or, if you can’t, then play with less in the bank roll to start with. If you need to top up later, you can. But don’t start with too much bank roll to then feel obligated to spend it all.

Conclusion

Gambling Strategy For Penny Machines

Although slots is a popular and easy game to play, our goal in GambleDex is to inform you of winning tips and strategies that may not be well known and used. We refer to them as slot hacks and have summarized them for you in 7 concise points.

Best Slot Strategy

Anyone can implement these 7 hacks, they don’t require any great effort or an IQ of Einstein. They are so simple that anyone can use them, and yet they will help increase winnings and extend the bank roll.

Best Strategy For Penny Slots Money

Other Best 7 Gambling Hacks

Best Strategy For Penny Slots Free

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