How to Beat the Slots
Posted on April 23, 2015 at 12:04pm
It is true that pro gamblers tend to avoid slot machines, although they are the most popular attractions for Vegas vacationers hoping to hit the jackpot. The reason is because the machines are weighted dramatically in the favour of the house – so, seasoned players pass them for games that are based on skills, rather than pure luck. There may not be a “grand secret” to winning it big on slots, but here are a few things to keep on mind if you’re looking to maximise your edge.
Know What You’re Doing
If you’re going to play slots, you should at least have a basic understanding of what you’re getting into with each machine. Learn the rules. Know which combination will trigger a win. Figure out when you should bet the maximum and when you’re better off keeping your coins in your pocket. Truth is that none of this is going to change the odds, but if you can keep your wits about you, you won’t be blindly pulling that lever, waiting for those bright lights and that avalanche of coins.
Watch Your Wallet
Playing slots is a risky business and that makes strict money management all the more important. The key is to set yourself a loss limit, so that you don’t gamble away your life’s savings while looking for that big jackpot. Once you've lost the money, walk away, no matter how tempting it is to keep going. Ignoring this rule is what makes people end up unable to pay their bills, and you sure don’t want to go down that road.
Keep Your Profit
Out of all the tips, this one is probably the most important. When you make a profit from the slot, don’t turn around and give it all back to the casino. Remember that limit you set yourself a little while ago? Stick with it, regardless of how much extra you've won. Hitting the jackpot is one of the most rewarding feelings in the world, but losing the money you've just won is probably one of life’s worst. So pocket your winnings and treat yourself to a nice dinner instead.
Watch Your Temper
If you find yourself angrily slamming coins into the slot, it’s probably time to call it quits. Remember, slot machines are supposed to be fun, and if you’re spending your time in the casino on the verge of uncontrollable rage, you’re just not having much fun. Also, anger makes it hard to make good decision, and in a casino environment, you need the ability to make good decisions more than ever. So, step outside for a while and don’t go back in until you've recovered your Zen.
The Myth of Hot and Cold Machines
One of the biggest Vegas myths is that machines run hot and cold, meaning that if a machine hasn't paid off in a while, it is due. This is complete nonsense. Your odds of winning are the exact same every single time you put your money into a machine, regardless of whether it paid off in the last five spins or hasn't paid off in three weeks. So don’t let gambling myths influence your choices.