How To Win Money Playing Slots

Nov 10, 2019 If you want to play online Slots to win real money, you need to have an account at the right Casino room, and you need to use your free money to play before the no deposit promotions expire.

Slots are the easiest games in the casino to play -- spin the reels and take your chances. Players have no control over what combinations will show up or when a jackpot will hit. There is no way to tell when a machine will be hot or cold. Still, there are some pitfalls. It's important to read the glass and learn what type of machine it is. The three major types of reel-spinning slots are the multiplier, the buy-a-pay, and the progressive.

The multiplier. On a multiplier, payoffs are proportionate for each coin played--except, usually, for the top jackpot. If the machine accepts up to three coins at a time, and if you play one coin, three bars pay back ten. Three bars will pay back 20 for two coins and 30 for three coins. However, three sevens might pay 500 for one coin and 1,000 for two, but jump to 10,000 when all three coins are played. Read the glass to find out if that's the case before playing less than the maximum coins on this type of machine.

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The buy-a-pay. Never play less than the maximum on a buy-a-pay, on which each coin 'buys' a set of symbols or a payout line. The first coin in might allow the player to win only on cherry combination, while the second coin activates the bar payouts, and the third coin activates the sevens. Woe is the player who hits three jackpot symbols on a buy-a-pay with only one coin played--the player gets nothing back. A variation is the machine with multiple payout lines, each activated by a separate coin. All symbols are active with each coin, but if a winning combination lines up on the third-coin payout line with only one or two coins played, the payoff is zero.

The progressive. You also have no reason to play less than maximum coins on a progressive machine. A player who eventually lines up the jackpot symbols gets a percentage of each coin played. The first progressive machines were self-contained--the jackpot was determined by how much that particular machine had been played since the last big hit. Today most progressives are linked electronically to other machines, with all coins played in the linked machines adding to a common jackpot.

These jackpots can be enormous -- the record is $39,710,826.26, a $1 progressive at a Las Vegas casino. The tradeoff is that frequency and size of other payouts are usually smaller. And you can't win the big jackpot without playing maximum coins.

If you must play fewer than maximum coins, look for a multiplier in which the final-coin jump in the top jackpot is fairly small. Better yet, choose a machine that allows you to stay within your budget while playing maximum coins. If your budget won't allow you to play maximum coins on a $1 machine, move to a quarter machine. If you're not comfortable playing three quarters at a time, move to a two-quarter machine. If you can't play two quarters at a time, play a nickel machine.

With so many paylines and the possibility of betting multiple coins per line, video slots are different. Some penny slots with 20 paylines take up to 25 coins per line. That's a $5 maximum bet -- a pretty penny indeed! Most players bet less than the max on video slots but are sure to cover all the paylines, even if betting only one coin per line. You want to be sure to be eligible for the bonus rounds that give video slots most of their fun. Some progressive jackpots require max coins bets, and some don't. If a max-coins bet is required to be eligible for the jackpot and you're not prepared to roll that high, find a different machine.

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Money Management

Managing your money wisely is the most important part of playing any casino game, and also the most difficult part of playing the slots. Even on quarter machines, the amount of money involved runs up quickly. A dedicated slot player on a machine that plays off credits can easily get in 600 pulls an hour. At two quarters at a time, that means wagering $300 per hour -- the same amount a $5 blackjack player risks at an average table speed of 60 hands per hour.

Most of that money is recycled from smaller payouts--at a casino returning 93 percent on quarter slots, the expected average loss for $300 in play is $21. Still, you will come out ahead more often if you pocket some of those smaller payouts and don't continually put everything you get back into the machine.

One method for managing money is to divide your slot bankroll for the day into smaller-session bankrolls. If, for example, you've taken $100 on a two-and-a-half-hour riverboat cruise, allot $20 for each half-hour. Select a quarter machine -- dollar machines could devastate a $100 bankroll in minutes -- and play the $20 through once. If you've received more than $20 in payouts, pocket the excess and play with the original $20. At the end of one half-hour, pocket whatever is left and start a new session with the next $20.

If at any point the original $20 for that session is depleted, that session is over. Finish that half-hour with a walk, or a snack, or a drink until it is time for a new session. Do not dip back into money you've already pocketed.

That may seem rigid, but players who do not use a money management technique all too frequently keep pumping money into the machine until they've lost their entire bankroll. The percentages guarantee that the casino will be the winner in the long run, but lock up a portion of the money as you go along, and you'll walk out of the casino with cash on hand more frequently.

That is changing in new server-based slots that have started to appear in casinos. Operators will be able to change payback percentages at the click of a mouse, but they still must have regulatory approval to do so.

There is a lot more to slot machines than meets the eye. But if you learn the ins and outs of playing them, you can use some strategies that just might help you hit the jackpot.

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This is the first part in a new series we are running on how you can get the most from your online slots play.

It is true to say that the odds are set against you when you play a slot machine, but at the same time, you can improve your chance of winning. This allows you to get more fun from your money and a bigger chance of hitting a jackpot.

When you play in a land-based casino, the big question is how to choose a machine and also, whether to max bet or not. With online slots, the bonus offers are a big factor. We discuss both of those below:

Decide Whether to Max Bet or Not

How To Win Money Playing Slots

Some slot machines pay out better when you play max bet. For example, on some 3-reel games, if you hit a line of the top-paying symbols you might win (for example) 1,000 credits if you play 1 credit per line.

But, if you had been playing max credits per line (for example, 3 credits), then the top win might rise to 10,000.

In this type of example, you should play max bet, because if you hit that top winning line, you stand to win a lot more than you would otherwise

With other games, it makes no difference whether you max bet. For example, most video slots pay out the same, no matter how many credits per line you play.

One exception with video slots, is when there is a progressive jackpot. If you play a game like Wizard of Oz, which has a big progressive, you can only win if you play max bet. The max bet is usually $3 or $4 per spin, so you need quite a lot of money to play, but you get much better odds when you max bet.

If you don't have enough to max bet, then I would say it is better to choose a slot with a lower domination that does not have a progressive.

So, if you like penny slots, search for a jackpot you can win without max bet

Decide if a Bonus is Good for You (or not)

With online casinos, you will nearly always be offered the chance to take up one of their 'free cash' bonuses.

With a free cash bonus, the casino will match you initial deposit. for example, if you deposit $100, they will give you an extra $100, so you will start your play with a total of $200 (this is a 100% bonus)

Take a look at the latest list of Bonus Offers for Online Slots

Other casinos go further than that - some will offer 200%, 300% or even 400% bonuses. With a 400% bonus, if you deposit $100, you will get $400 extra, meaning that you get to play with $500 in total.

Terms and Conditions

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Of course, all casino bonuses come with terms and conditions. If you take a 'free cash' bonus, the casino will expect you to actually play with the money. If they didn't enforce a minimum play rule, then people would just take the cash and run!

So, with a bonus, you must play through the bonus a certain number of times. Usually, this means you have to play 25x the total (of deposit + bonus) before they will allow you to cash out the winnings.

These bonuses are fantastic to play jackpot games, because you get so much more chance to hit the big jackpot. To win at slots with jackpots, bonuses are a perfect tool to give you the best odds.

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However, bonuses might not be so good for the type of player that just wants to hit a $200 win playing slots and cash out straight away, because of the need to complete a play-through.

So, you need to decide yourself what type of player you are and then decide whether you will take your bonus offer or not. That will help give you the best chance of winning, depending on what type of win you are going for.