The iconic slot machine is a casino staple- whether you are playing at a live casino or through the internet. They come in colorful designs and there are some that are configured to take in the smallest bets possible.
That being said, the newer slot machines are using what is known as a random number generator, which means that everything happens at random. There are no tricks; nothing that you can do to change that.
But, that is not to say that you cannot formulate specific strategies to help you win. In this article, I will talk about some slot machine strategies that you need to know about.
Determine Your Budget and Don’t Go Overboard
This is a tried-and-tested strategy that you can use even in other casino games. You have to make sure that you’ve budgeted your money prior to going to the casinos so that you will know how much money you have that is okay for you to gamble.
Bankroll management is a necessary thing for all responsible gamblers to do so that you will not lose all of your money and accrue some debts.
That being said, if you are going to play the slot machine, the motto, “he who fights and runs away, lives to fight another day”, should be followed at all times.
In the event that your disposable money has run out, it is best for you to quit, go home, and live to gamble another day.
Choose the Right Slot Machine
Now, you might think I am crazy when I say that you choose the right slot machine before you start putting money into it. For the naked eye, it seems that all slot machines are created equal. To some extent, yes, but there are some differences.
For one, not all slot machines will accept all denominations. For instance, there are those that will allow you to put a quarter and there are some that would require you to put a minimum of $5.
If you are thinking that the value of your possible winnings is the same when you compare a dollar slot machine and a quarter slot machine, then you are wrong.
In fact, you have a much bigger chance of winning if you play in a $0.25 slot machine as opposed to the $1 variant. Still, you may want to experiment what works best for you, but at least you now know the difference.
Not Believing in the ‘Hot and Cold’
There is a longstanding myth that exists until today. You might have heard about this from your friends, co-workers, and people who frequent the casinos. What am I referring to? The fact that slot machines can be ‘hot’ and ‘cold’.
I do not mean it in the literal sense, but what I am talking about is when the last payout is. A ‘hot’ slot machine is one that has just given a payout and the other one is, well, not spewing out money for quite some time now.
People believed in the notion that the cold slot machines would inevitably give a high prize in a couple of plays, but that is actually not true.
All of the slot machines today are created with the random number generator which means that all outcomes are at random. And, whether you believe that to be true or not, it is actually true.
Do not let anyone persuade you that the hot and cold myth exists because it doesn’t.