Slot Machines : Best Online Slots

Many players in online and land based casinos believe that Slot machines are the bottom of the barrel and provide the worst betting odds in comparison to other casino games. While it may look like slots hold a larger house advantage than the other games, this is actually not the case. There are many games in casinos with lower pay outs and a larger house advantage than slot machines offer.

Generally Slot machines have a house advantage of approximately 8 percent, based on available data provided by the Nevada Gaming Commission. These averages can vary greatly depending on the casino and can range between 2 percent and 15 percent.

To compare these figures with the available data on other games it becomes quite clear that other games hold much higher house advantages than Slot machines. For example, based on the same information from the Nevada Gaming Commission, Baccarat holds on average a 14 percent in house advantage, while craps has an average of 11 percent. The popular Keno game actually holds the largest house advantage ranging between 25 and 30 percent.

The averages as displayed above do not take player errors into account and are examples of natural game advantages which are all higher than those of Slot machines. Next we need to take the player into account as low house advantages can only be utilized with maximum effect if the game in question is played without making mistakes. Therefore new and often inexperienced players can easily increase the house advantage in comparison to experienced players of the game.

Slot machines are among the easiest games to play at any type of casino so the error rate on those games for all players is usually quite low or non-existent. This in turn obviously makes Slot machines one of the safer bets in any casino.

Win ratios on Slot machines are generally higher than most of the other casino games. For example, winning $100,000 by betting $10 in a hand of blackjack is quite unheard of, while it has happened playing slots on many occasions. Therefore, while playing slot machines the chances of winning while investing a relatively small amount of money is much higher than while playing the other casino games.

It is safe to assume that Slot machines are not the worst type of game one can play, they have a relatively low house advantage, offer larger wins than many of the other games, and due to their simple nature it is possible for even new players to play them flawlessly.

M.A.H.

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At the end of 2004 slot machines were released that were programmed with a new “Rapid Fire Jackpot ” feature. This type of jackpot works different than regular jackpots from slots. With Rapid Fire Jackpots they are connected to a selection of slots that hit the Jackpot at random without the need for any specific combination. This is not the first time this type of jackpot was introduced to the public, as the so called Marvel slot machines carried a similar jackpot feature.

The prizes from these types of jackpots are small compared to regular jackpots and this type of jackpot is won more frequently than regular ones.

The biggest question about this type of jackpot is how they are won. Unlike regular slot machines jackpots, there is no specific combination to make the win, so how does the system select a winner?

Now we have arrived at the interesting part. Once the jackpot has been won a new jackpot is selected at random by the system for the next one. Let’s assume, after the last jackpot $800 is selected by the system, and then the next winner will have that amount when the next random jackpot is won.

Winners are selected using the following principle: From every wager on the slots a part of the bet is added to the prize fund. Let’s assume in our case it is 1% of the bet. Now the first to place a bet and spin the reels that causes the total of the jackpot to exceed the selected amount, wins.

On the slot machine games 5 coin types are used between 10 cents and 5 dollars, with a maximum of 9 coins for every game played. This means if one wagers $1 per spin of the reels, 10 cents of that bet are added to the jackpot. The more you bet, the more you contribute to the prize money. Contributing more to the jackpot increases the chances to win it considerably, as each contribution from you brings the total closer to the selected amount at a much faster pace, than players that use smaller coin sizes.

In short; the higher the bet, the better the odds will be. Using smaller bets will decrease the chances of winning the jackpot dramatically.

In case you are now thinking that in order to win continuously playing these slots, all you need to do is wait until the jackpot is high, and bet as large as you can, think again. With jackpots that average in the $800 ranges, it would work theoretically, but it does not work out that way in real life.
Let’s assume that in order to win, you would be betting $45 per spin of the reels. For small amounts like Rapid Fire Jackpots offer that would mean risking a lot for low rewards. In case the jackpot is high enough it may be a good idea to do a larger bet every so many spins to double your chances of winning overall. Should you fail in taking the jackpot, at least you increase your chances of winning another prize from the reel combinations.

M.A.H.

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