Odds Of Winning Slot Machine
As far as the casino industry is concerned, slot machine games are the most played games, yet, they are the least understood.
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A Bit of History on Physically Setting Odds. The random number generator (RNG) was developed for slot machines by Bally Technologies in 1984. About a decade later, most slot machines had this RNG, which allowed for easily adjustable odds of winning. Two slot machines may look identical, yet may have different odds. So you can’t tell by the appearance of the machine. The odds of hitting the top award vary greatly by machine, and may be as low as one in 17,000,000 spins – comparable to winning Lotto 6/49. Suppose you have a slot machine with three reels with ten symbols on each, and it only pays out when three cherries hit. The odds of winning that jackpot, as we determined earlier, is 1/1000. If we set the jackpot as $900, and charge $1 per bet, the payout percentage for that game will be 90%, or $900/$1000.
In the UK, slot machine games, also known as the fruit machine games, are some of the most sought after games at the land based casinos, and in the US, where they were first played in the 1890’s, they continue enjoying prominence and popularity among the players!
Australia, where they are referred to as Pokies, has more slots per capita than the US though, and while not at the same level as Australia, slot machine games continue to receive game time across different European countries and different gambling hotspots in Macau.
Online, hundreds of millions of bettors continue playing video slot machine games, as casual players through different social media application or for real cash at the different online casinos.
But even to those who have devoted their free time playing slots; the different slot terms, how they work, and the odds of winning the jackpots remain in the dark!
Is it possible to win playing slots jackpot?
The first and popular question that most of bettors ask is ‘Can I win the jackpot games?’ Right after this, they’ll ask ‘Is there a strategy or secret to winning big?’
It’s natural enough for any player to want to win! What’s the point of playing anyway? Is it not to experience the thrill and big wins that come with the video slot games?
Can I win while playing the jackpot slot games?
Sometimes, yes! All the payoffs as indicated on the video slot game actually represent your chance of winning. Any slots player who very often plays the game will increase his/her chances of winning and a reason to celebrate. But we are yet to see someone, besides the woman who won €1.75 million who while playing the same video slot game in a month, defied the odds of 625million:1 and won the same game twice in a row!
Is there a strategy or a secret to winning big?
Let nobody lie to you that they used a well worked out formula to win the video slot games! With rare cases, 99% of the slot machine games purely rely on chance. The results are determined by the Random Number Generator, and there’s nothing the casino or bettor can do to influence how the numbers are generated.
To this popular question, there isn’t any magical strategy or formula to increase your chances of winning! Only cross your fingers and pray lady luck is on your side!
What are the odds of winning a casino jackpot?
The odds of winning any casino jackpot vary from one game to another, on different coin values for the different bets you place, and in some cases on a slot machine game with the same denomination but playing on different machines. Casinos don’t usually advertise the odds of the different games and neither do they post them on the different machines.
Therefore, the best that we could do to estimate the odds of winning the different jackpot is to compare different games, offered at different casinos. For the estimate, we focused our attention on the United Kingdom market, where the casino average payouts are made public by the UK Gambling Commission for bettors to see.
The percentages are different from one casino to another but the overall look of the paybacks look like this: Slot machines normally pay higher percentages if you place bigger bets. Below are some average house edges and returns, based on the information that we gathered from the UK Gambling Commission.
Take note that the percentage of bets returned to the bettor as winnings increase as the size of the bet gets bigger. Gamblers who choose to go for the more expensive jackpot games get a larger portion of their wager back, and also stand a better chance of winning.
Does this mean that players should focus on placing bigger bets? No! By playing the more expensive game and get a larger portion of the bets you place back, but at the end of it, lose more money as you’ll be taking a bigger risk. The best thing to do is to let your bankroll guide you, and also avoid betting more money than you can afford.
Modern Video Slot Odds
Most of the modernised slot machines don’t have 10 numbers on each reel and most of the slot games, both at the online and land based casinos, have at least five reels as opposed to the traditional three reels. This means that the developers and programmers are always dealing with more complex machines, featuring hundreds if not thousands of stops, symbols or random numbers on each reel.
Below are some of the factors that are always considered when modern video slot odds are determined:
- When the slot machines are on video, the programmer can choose to make the reels as long as he/she needs them to be. If for example, to achieve the right odds the programmer requires a slot reel to feature a sequence of 1000 symbols, then he/she will have to program a 1,000 symbol reel.
- However, in the land-based casinos, it difficult for the programmer to fit the 1000 symbols in the mechanical slot machines. Therefore to achieve this, the programmers use what is referred to as the ‘Virtual Reel’. Thanks to this feature, the slot machines at the brick and mortar casinos with the small reels can act as if they have more symbols. For example, the programmer could tell the machine ‘Any time the RNG software stops on number 7, stop on the jackpot symbol. Any time it stops on numbers 5, 3, 1 or 9, stop on the first bar.’ By programming the machine this way, the highly sought symbol that triggers the jackpot can only appear once after several hundred or thousands spins. This plays a huge role in determining the odds of the jackpot. A good example was in 2003 when the world record jackpot of Megabucks machine paid out a mind-blowing $39 million. According to IGT, the company behind this game, the odds of winning the jackpot were approximately 1 in 50 million.
The Free Spins & Bonus Factor
Almost all the modern video slot games, including jackpots, have bonus events which come in different forms including the spinning of a bonus wheel as with Mega Millions; Pick’em bonuses as seen in Jackpot Party and you can check out free spins on our favourite sites at a number of highly recommended online casino operators.
During the bonus round, you have the chance of accumulating credits without spending any extra cash thanks to the in-game free spins bonus round. This has to account for while setting the game’s odds and paybacks during the regular reel spins. But how do the free spins contribute to the game’s overall jackpot?
One of my friend, who happens to be a programmer told me that one of the games he has developed has a 90% RTP; 60% of this comes from the general reel spins, 30% comes from the different in-game bonuses, including the free spins and the remaining 10% comes from the house.
So how do you increase your odds of winning the casino jackpot?
Below are rules of thumb that every bettor should follow to increase their chance of winning while playing video slot games.
- Always choose games that you understand better
- Make the most of the casino bonuses and offers to boost your bankroll. Most sites powered by NetEnt have free spins offers and deposit offers
- To ensure that your bankroll goes further, reduce the number of coins that you bet on each line and increase the number of paylines. This increase your chances of winning the bet
If you thought winning at online slots was about slamming the 'Spin' button, crossing your fingers, and hoping for the best, think again.
It's important to have even a basic understanding of the odds involved in slots if you're going to choose the right game and have a profitable slots life.
Today's video slots are hugely complicated and well-crafted beasts, and while that means they're safer than ever, it also means they're harder to predict.
Random Number Generators
Once upon a time, slot machines were mechanical behemoths powered by mechanisms that fixed the various combinations that the slot landed on.
Today's video slots, however, are powered by microprocessors (and programs in online slots) called Random Number Generators.
RNGs are formulae programmed into the games which generate random numbers (or arrangements of symbols) as the reels fall.
Any good online casino will have its RNGs audited by an independent body like eCOGRA or TST regularly for fairness. Software developers themselves are also audited before they can be given out gaming licences to operate.
Slot Par Sheets
Every new online slots has a 'par sheet', a blueprint for the payouts and permutations that goes into the game.
On a typical par sheet you'll find a list of the symbols featured on each reel and the quantity. The number of symbols on each reel varies wildly from one slot to another, and that's what can affect the payouts.
Where one game has 30 symbols on a reel, for example, another may have over 200; that can result in many more thousands of possible winning (or losing) combinations.
Par sheets will also list jackpot totals and how many spins are typically needed to hit a jackpot. Remember, though, this doesn't mean a slot is fixed; the reels still spin at random and independently of each other.
Payouts and Combinations
While it's not necessary to calculate every odds in a slot, it's a good idea to have a rough idea of how often a three-symbol combination hits.
The chance of you hitting a winner is related to the amount of reels in the slot and the number of icons on each of the reels.
Let's take a classic 3-reel slot. With three reels, and 20 symbols on each reel, the odds of hitting one exact symbol is 20/1, or 1 in 20. If it's 20/1 to hit one symbol, then it's 20x20x20 = 1 in 8,000 to hit a combination of three symbols; or, there are 8,000 possible combos.
Now let's say you're looking to hit a jackpot with special bonus symbols. There's just one of those on each reel, so the chance of hitting the jackpot is 1/8,000. If you have four jackpot symbols on each reel, your chances of hitting a winning combo drastically lower to 4/20 x 4/20 x 4/20 = 12 / 8,000 = 1 in 666.
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But most online slots have five reels, which puts the possible combinations into the millions.
Understanding RTP (Return to Player Percentages)
Every slot is designed to pay back a certain percentage of bets to players over the long term. These Return to Player Percentages (RTP%) vary from game to game, and are theoretical. In addition, the RTPs are usually calculated over a very long-term period of betting.
Remember that slots spins are random, but odds are programmed into slots depending on the number and layout of symbols on the reels.
Many online casinos and developers list their RTPs. You'll even find them tucked away in the slot Paytable. Online slots tend to have better RTPs than their land-based cousins (ranging from 85% in a live casino to up to 97% in an online casino), and it's a good idea to get used to which slots offer the best long-term payouts.
Volatility in Slots
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You'll sometimes hear slots referred to by their volatility.
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Essentially, high-volatility or volatile slots carry a higher risk to your bankroll. You might go a long period without winning a penny, then hit a big jackpot.
On the reverse, low-volatility slots offer plenty of frequent, smaller wins. You might not hit a big jackpot as with a volatile slot, but they're better on your wallet - and your heart!
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For action junkies looking for the big win, high-volatility slots offer lots of action but you'll need to weather the variance (swings in bad and good luck).
For an easy way to work out if a slot is volatile, head to the paytable. Every slot has one that lists the various payouts and jackpots. If there seems to be a lot of mega jackpots in the game, it's probably high-volatility.
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Volatility is a personal preference at the end of the day. If you can handle the barren periods but want to hit that once-in-a-hundred-spins jackpot, choose a high-volatility slot. If you prefer a small win every couple of spins, a low-volatility game is for you.
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Whether you're into 3-reel slots that keep you spinning and spinning until you hit a win, or you love the frequent small wins of a low-volatility slot, we have games for you.
At VegasSlots.co.uk, we offer UK players hundreds of free-play slots so you can test out the games, check the RTPs and see if that bonus feature really is as random as it seems.
Then, once you're ready, sign up to a real-money casino and put your slots bankroll to the test.