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Odds and Payout Proportions in Slot Machines

Posted on February 18 by 35 Cents in slot machine No Comments
Home» slot machine » Odds and Payout Proportions in Slot Machines

For every online gambler in the U.S., winning slot games regularly, if not consistently, is a dream. Efforts have been made in the past to calculate the probability of winning at the slot machines. In the past, this proved relatively easier. One of the main reasons was the simplicity of the slot machines. These machines comprised pictograms, a few reels and just a single payline.

Traditional/classic slot machines had just 3 reels and one payline. The probability of success in these machines was calculated through the pictograms. Typically, the pictogram results were used to find out the odds of hitting a jackpot and in classic machines, it was found that the odds were in the range of 1 to 3375. The calculation is quite simple. Since there are three reels and 15 pictograms for each reel, the probability worked out to 15*15*15. The result of this calculation is 3375.
However, the calculation for contemporary slot machines is not that simple. There are far greater number of reels, paylines and pictograms. Of course, you can still play on classic slot machines with the odds registered in your mind. However, calculating the probability of winning is still a tall order. The calculation may not be as simple as before. You can use an alternative, though. The chances of winning a jackpot increase by playing according to the payout proportions. This essentially means choosing a machine after finding out ‘the proportion of bet value to payout value’. At the same time, ensure that your aspirations are firmly grounded. If it isn’t, you might end up spending all your money with the hope that you might hit a jackpot on one of the games. It is, therefore, imperative that you consider the payout proportion before you play. The value gives you an idea of the winning chances in a particular machine. There are certain slot machines online that offer a consistently high payout proportion. You would want to play these machines most of the time.

Additionally, you must also consider a few factors while determining the odds of winning in online slot machines. Remember, slot machines that offer a greater stake value will invariably offer greater payouts. You would want to know why. Typically, casinos look to accrue equal income from each slot machine that they operate. So, in order to maintain the equity, the casino takes a lesser amount of money from slot machines with lower stakes. Since casinos with large number of gamers make enormous profits, they usually do not mind paying a little extra. The payout proportion is therefore higher in these casinos. Also, the element of competition drives casinos to offer higher payout proportions. All these factors have a large role to play in increasing your winning chances. It is, therefore, recommended that you take them into consideration while choosing a slot machine. You may want to play at a casino that features lower stakes and lesser crowd, if the payout proportion is the same as another casino that has greater action.

By Riza
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Did you know that …

... the first mechanical slot machine was the Liberty Bell, invented in 1895 by car mechanic, Charles Fey (1862-1944) of San Francisco?

The Liberty Bell slot machine had three spinning reels. Diamond, spade, and heart symbols were painted around each reel, plus the image of a cracked Liberty Bell. A spin resulting in three Liberty Bells in a row gave the biggest payoff, a grand total of fifty cents or ten nickels.

The original Liberty Bell slot machine can still be seen at the Liberty Belle Saloon & Restaurant in Reno, Nevada.

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