There are more varieties of slot machines than you may have ever imagined. Slots were created as a simple game in the 1800s, working as three spinning mechanical reels. The first gambling slot machine had only five symbols: horseshoes, diamonds, spades, hearts, and a Liberty Bell.

Understanding Slot Machine Payouts Odds
Understanding Slot Machine Payouts Jackpots
Understanding Slot Machine Payouts Machine
Understanding Slot Machine Payouts Jackpot

Not many take much notice of slots payback percentages, and how understanding them could improve their winning opportunities. It is definitely worthwhile for every slots plays to understand these. Payout percentages determine the percentage a slot machine will pay out in relation to the take, or the total amount wagered on the machine. The Bally Bell, which was the first slot machine to accept more than one coin denominations, with one slot for U.S. Five-cent pieces (nickels) and one for 25-cent pieces (quarters). The popular Hi Boy upright slot in the early 1940s, which established Bally as a major provider of slot games. Understanding Payout Percentages. Payout percentages are something you’ll hear a lot about when you’re playing slots. Table games refer to this same basic concept as the “house edge.” The payout percentage for a slot machine tells you the average profit that a casino will make off that machine over a certain period of time.

Video Slot Machines and Reel Slot Machines

Since that first slot machine, many things have changed, but the concept remains the same. The slot machine will choose a random number for each reel and will slot a symbol into a position on the reel when it stops spinning. The player wins if the reels line up symbols incorrectly on a payline.

There are now video slot machines with multiple pay lines, traditional reel slot machines, and progressive slot machines that can have huge jackpots. You can now play slot machines online and on a mobile phone. While slot machine technology has changed a lot aesthetically, the game still essentially works the same.

Random Number Generator

A Random Number Generator chip operates Today’s slot machines. These RNG chips choose outcomes of the video or reels at random for every spin. There are no patterns or hot/cold streaks, and your odds are the same for each spin with today’s slot machine. The only specific number that an RNG must adhere to is the payout scheduled by the game operator. Slot machines are set to return a specific amount of money played. The minimum amount of money returned to the player is designated by the gaming control board.

The format of a slot machine still plays a role in selecting a machine. Reel slot machines continue the tradition of the original slot machines. Many players continue to enjoy the sound of the reels whizzing around before landing on a payline. Newer reel slot machines still feature that traditional gameplay while competing with video slot machines that have as many as nine different pay lines.

Technology allows video slot machines to have as many pay lines as can fit on the screen. Today you’ll see video slot machines and online slot machine games with up to 100 pay lines. These games can be so elaborate to incorporate video clips of movies, television shows, and music videos. There are even communal video slot machines in some casinos where bonus rounds and progressive jackpots are generated and played by multiple players at different machines.

Higher Limits = Higher Payouts

One of the reasons that players still gravitate to reel slot machines is because many have fewer pay lines so they may take fewer credits to play. Slots with low credit needs come in handy when playing higher limits slot machines. Typically higher limits slot machines will return a higher percentage of money than lower limits slot machines. A slot machine where one credit is equal to $5 will return a higher percentage of the money played, than a $1 slot machine, a 25 cent slot machine, and so forth.

Some slot machine players feel more comfortable playing three credits for $15 in a $5 slot machine because of the higher return percentage than they do by playing 50 lines in a 25 cent slot machine. It’s easier for a player to understand the math behind a slot machine with fewer lines and symbol combinations.

A reel slot machine can only hold up to about 20 symbols per reel, so possible combinations are limited. A video slot machine may have up to 100 reels and symbols. Without reading the actual odds on each video slot machine, it’s almost impossible to predict the probability of winning video slot machines. It can be confusing for players who are looking for a mellow activity.

Progressive Jackpots

This math comes into play when looking at progressive jackpots on both video slot machines and reel slot machines. Players look at the progressive jackpots and wonder if it will be easier to win with fewer reels than it would be with more. The RNG will dictate when the progressive jackpots will pay out, but the psychology of the game may impact players preference for playing a certain progressive jackpot game.

Progressive slot machine jackpots build by players contributing a portion of their play to a prize pot to be won by one person. Progressive jackpots can be individual slot machines, groups of slot machines in a casino and now even in multiple states. Some progressive jackpots can be so massive that they will change someone’s life, so it’s worth it to know what you’re doing.

Be sure to check out the Ultimate Online Slots Guide for even more in-depth information into how to play slots, slot strategy, as well as, slot payouts and symbols!

It’s impossible to predict if a slot machine will pay out at a specific moment; anyone claiming otherwise either doesn’t understand how slot machines work or they work as a casino promoter.

If it were possible to identify precisely when a slot machine is about to pay, then the casinos would lose money, and we are all aware of the fact that it usually doesn’t happen. Internet gaming establishments are well-oiled machines built to provide you with entertainment in exchange for money.

Understanding Slot Machine Payouts Odds

However, don’t close this article just yet. The fact that there is no foolproof way to win money on slot machines every time doesn’t mean that it is impossible.

As you probably already know, the odds included in slot machine games are based on the mathematical probability. So, if you learn how those odds work, you might be able to use these findings to your advantage and make some profit.

What we’re actually saying here is that with a good strategy in play and a decent understanding of how to recognize (or at least assume) when a particular slot is about to pay out, you can increase your chances of winning.

We’ve done our homework and poured over countless slot machine tips and tricks in order to learn how to recognize the moment when a slot machine is about to pay out. After a lot of digging, we were able to create a list that shows the most effective strategies you can implement to overcome the ‘randomness’ of slot machines.

Play Only Slots With the Biggest Payouts

Understanding Slot Machine Payouts Jackpots

This piece of advice seems rather obvious but bare with us for a moment. Everyone who has played in either a brick-and-mortar or an online casino is familiar with the phrase ‘house edge’. For those who have heard about this term but aren’t quite sure what it means, we’ll try to clear things up a bit.

The term ‘house edge’ refers to the mathematical advantage that the gaming establishment has over players. This advantage results in a guaranteed percentage that is returned to the online casino over time. In other words, casinos always beat the players in the long run since the odds are stacked in their favor. You must have heard about the phrase ‘the house always wins’? Well, the house in this phrase is a casino, and you can see for yourself why it always wins.

However, don’t fall into despair yet as all is not lost.

Although the odds are stacked against players, it’s still possible to win. In fact, every slot machine has a theoretical return to player based on statistics which is called the RTP (Return to Player).

The average RTP for most slot games is somewhere between 90–96 percent. Therefore, every slot game that has the R