Best Slot Odds
- A game like Roulette or Slots has a fixed expected return on your bets. This is a percentage that you have no way of influencing. Say you are flipping a coin against a friend, and you both put up $1. The winner gets the pot. Since the odds are even at 50%, in the long run, you will expect to break even. Your expected return is 100% of your bet.
- Placing a $1 bet has the best odds of winning, with only an 11 Percent edge for the house, but also the worst payout. The Joker offers a 36x payout but has a 24 percent edge for the house. Slots: Odds of Winning Around 1 in 49,836,032 You play slots by putting money into a slot machine and pulling a lever or pushing a button to spin a wheel.
Have you ever wondered which slot machines have the best odds? If you’ve ever played at a land based or online casino before, then you probably know that there is a huge amount of machines to choose from, and this can be a bit daunting and confusing for a lot of people. Sure, some people just pick the games they are most attracted, however there are others who are in it to win it, and could really care less about the machine’s appearance or any of its other unique qualities. For those whose only objective is to win, it’s important for them to understand that there isn’t any magic winning machine out there that will guarantee wins all the time. If that were the case, everyone would be playing them, and the casinos would be out of business in a heartbeat.
Regardless if there isn’t any so called “always win machine”, there are some out there that have better odds than others. If that’s the case, which ones are they? As simple as it may sound, it’s actually quite the opposite. Keep in mind, slot machines from regulated casinos use a sophisticated software called a Random Number Generator (or RNG). The purpose of the RNG is to make sure all the spins occur randomly. Because of this software, it’s impossible to be able to detect the outcome of each spin. Even with the RNG in place, you still get a payout percentage. In fact, in this article we’ll be discussing which slot machines have the best odds and pay the best.
Types of Slot Machines
Odds in Progressive Jackpot Slots. The only way you can win a million dollars playing slots is to play slot machines with progressive jackpots, however, you get even worse odds to win than you would get if you played flat-top slots. The odds of winning a jackpot are usually way better on the first reel of the machine than on the last one.
Before we start discussing which slot machines have the best odds, it’s important to know what types of slot machines exist, especially since there are so many different kinds. For example, some machines feature personal jackpots, whereas others are equipped with progressive bonus rounds. Aside from the that, you also have machines with different styles, such as classic and video slots. With that said, let’s go ahead and take a look at some of the most popular machine types.
- Video Slots
Video Slots are the modern day slot machine. They are equipped with virtual reels that are powered by electronic computer technology. Many of the themes are inspired by famous television shows, movies, bands, etc.
- Reel Slots
Are the original machines that use physical reels as opposed to the virtual reels we just mentioned previously.
- Single Line
The most basic type of slot machine because it only uses one single payline. Nowadays it’s becoming more difficult to spot these machines, especially with the growing popularity in the video slots that offer more than one payline.
- Bonus Round
Whenever certain symbols land on specific reels, a bonus round can be triggered and they can range anywhere from free spins to games you play and receive a reward from.
- Multi-Denomination
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Are simply slot machines that offer a wide range of betting options. These can be anywhere from a single penny to a hundred dollars.
- Multi-Line
Machines that offer more than one payline. They typically have 30 lines, however there are some that have more.
- Progressive
When a percentage of your bet goes towards a jackpot each time you make a bet and spin. The jackpot continues to grow until one person is lucky enough to win. This means that there is more than one machine connected to the jackpot, and that everyone playing on them is contributing.
Which Slot Machines Pay the Best
As we discussed earlier, there are no slot machines out there that can guarantee wins, however there are some tips on how to discover which slot machines pay the best. Below are 6 tips on what you should consider when trying to find the right machine for you.
- Location
It is said that casinos like to put their tight machines that offer large payouts in a central location. The reason they like to do this is so that people will be able to spot and notice their jackpots more easily while they are walking by. True, they are very popular to play on, however they are difficult to win on.
- High Denominations
Usually the chances for payouts are greater on machines where you can make higher bets, as opposed to those where the maximum bet allowance is low. For example, some Penny Slots have a payback percentage at about 85%, whereas you can sometimes find slots that have a higher betting denomination with a payback percentage at around 95%.
- Small Jackpots
In general, the bigger a potential jackpot is, the harder it is to be able to win. That means it’s usually easier to win jackpots that have a lower value.
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- Learn the Paytable
First and foremost, before you start playing a machine, make sure you fully understand all the rules to the paytable. This will help you understand what the symbols represent as well as the combinations you need to have in order to win.
- Appealing Slots
Find slot machines you enjoy playing on. Win or lose, it’s important to make sure you’re having fun. Keep in mind, luck has a lot do with being able to win. In that case, if you’re not having a lucky day, at least you can enjoy playing.
- Research
Perform your own research online. From there you will be able to locate some websites that are able to point out the payout percentages for various slot machines.
If you’re not into playing for real money and just like to have fun spinning the reels and experiencing big wins, then you should definitely check out all our games here at Caesars Casino. All our slot machines are designed for entertainment purposes only, and are all 100% free. We offer many different types and they’re all available 24/7. You can play them on the go from your iOS and Android device, or enjoy them from your PC. Simply register or download the application for unlimited access of fun!