If you walk into just about any casino the game that dominates most of the floor space is Slots. There is a good reason for this: Slots make up about 6065% of a casinos total revenue. Billions of dollars flow through these machines each year. Because of their popularity, slot machines come in a wide variety of denominations and a wide variety of styles.
The original Slot Machine, the Liberty Bell, was built by Charles Fey in San Francisco at the end of the 19th century. Its been a little more than 100 years and now Slots come in hundreds of variations and many are run by a computer board with the output displayed on a video screen.
All Slot machines are not created equally. Lower denomination machines usually have a lower payout percentage. It costs just as much to buy and maintain a $.05 Slot Machine as it does to buy and maintain a $0.25 Slot Machine. Casinos usually adjust for this by having a lower percentage payout for the $.05 Slot Machine. Regulatory bodies set the minimum percentage payback for Slot Machines. The current minimum in Nevada is 75% and the current minimum in Atlantic City is 83%. Because of competition, most slots have a much higher payback.
TIPS FOR SLOTS
Since lower denomination Slot Machines usually have a lower percentage payback, it makes sense to play the highest denomination machine in your budget.
Play the maximum number of coins if it is required for the jackpot. The chances of hitting the jackpot are figured into the payback percentage and no one wants to hit the jackpot and not get paid for it.
Take advantage of the Slot Clubs and players cards that casinos offer. Even if you rarely go to a casino, it only takes a short time to sign up and it may pay off.
If you are in Las Vegas, downtown Vegas casino Slots generally payback a higher percentage than strip casinos.
Resist the temptation to play slots in out of the way locations airport, bars, restaurants, etc. These machines usually have a lower payback.