These machines might have a button that says 'Max Lines Plus Bonus' (or something to that effect), or might have a paytable that says a certain combination only pays on the third payline with max bet or whatever. For these machines, you often will win more often with max coins or max bets. Aug 12, 2010 As far as betting the max per line as opposed to the minimum per line (same number of lines), on most machines you are not more or less likely to.
When you are playing video poker games or slot games the general rule of thumb is that you should always bet the maximum amount that the machine will allow you to make. There are a few exceptions to this rule but we will explore those later in this article. For video poker games, the maximum bet is usually anywhere between 5 and 20 coins. For slot machines, the maximum bet can sometimes reach to over 100 coins.
The main reason why wagering the maximum amount is smart is that most slot games and video poker games tend to offer bonus payouts or jackpots to those who do so. If you do not bet the maximum amount and you hit one of the jackpot hands or spins, you will not be rewarded with the jackpot prize. This is one of the worst feelings in the world and it is totally.
This bonus money adds a little bit of value to each spin and you will be missing out on this value if you fail to bet the maximum amount. Your goal as a gambler should be to scoop up as much value as you can so that you can gamble for longer and ultimately have more fun.
Common Excuses
There are a lot of common excuses that people have for why they are not betting the maximum bet each spin or hand. Most of these excuses are based on a misunderstanding or a superstition that can easily be debunked.
We will now take a look at some of these excuses and explain why they are flawed so that you can consciously avoid having these types of thoughts. The best way to maximize the amount of fun that you have per every dollar that you spend is to make the maximum bet and get the highest returns possible.
Excuse #1: “I Can’t Afford It!”
The most important thing that you need to do is make sure that you have a big enough bankroll to cover the maximum bet for a large number of spins or hands. If you do not have enough money to play the maximum bets then you should not be playing on that machine.
One of the best ways around this dilemma is to simply play at lower stakes so that you can comfortably make the maximum bet. If you are already playing on the lowest stakes that your machine has to offer and you still cannot afford the maximum be, then you should try looking on different machines.
If the casino that you are playing in does not have any lower stakes machines then you are likely to find some at a different casino. There are many casinos which let you play stakes as low as 1 cent per coin, and if this is too much money for you then you probably shouldn’t be gambling at all until you get some more money.
Excuse #2: “I Just Hit a Big Score!”
Max Bet Slot Machine Videos
Some people think that just because they recently hit a huge score that they should avoid making the max bets in anticipation of a cold streak. This way of thinking is based on the “gambler’s fallacy” which incorrectly assumes that if an outcome occurs more frequently than expected over a certain period of time that it will occur less frequently in the near future.
The truth is that the random number generator which controls the outcome of each hand or spin has no idea whether you have won recently or not. Even if you are on the exact same machine where you hit a jackpot, the odds that you will hit it again on the very next spin remain the same as they were before you hit it the first time. Therefore, you should continue betting the maximum amount on every spin no matter what has happened to you in recent hands so that you can scoop up that sweet value.
Excuse #3: “I Want My Money to Last Longer!”
Some players have more than enough money in their bankroll to comfortably bet the maximum amount of coins every hand or spin but they avoid it because they want their money to last longer. In their eyes, this is the safe way to play but in reality it is the wrong thing to do.
The funny part about this misunderstanding is that betting the maximum WILL make your money last longer in the long run. However, if we are talking about a timeframe of just one day then anything can happen so you should keep in mind that we are talking about a very large sample size of hands or spins.
The reason why your money will last longer if you bet the maximum amount per spin is that you will be losing less money per spin. The extra bonus money which you receive on your jackpot wins will give you more money per spin over the course of millions of spins which means that you will be losing slower.
Excuse #4: “I’m Not Lucky Enough!”
Out of all of the excuses on our list, this one is by far the silliest. Every player has an equal chance at winning in slot machines, and every player who knows the correct strategies for video poker has an equal chance of winning as well.
The only way to actually prove that you are somehow less lucky than everyone else would be to complete millions of spins and compile the data so that you can analyze it. Most people have not come close to playing millions of spins and are basing their luck off of a very small and meaningless sample size.
Whether you consider yourself a lucky person or not you should still make the max bet on every spin or hand. Even if you were less lucky than everyone else is, it makes sense to bet a little bit extra so that your average return per coin will increase.
Exceptions to the Rule
1. The Max Bet Is Higher Than the Bet Amount Where the Bonus Payout Becomes Available
Anyone who is a frequent video poker player will know exactly what we are talking about here. Most slot machines do not normally have any options that are higher than the bet amount where the jackpot becomes available to the player.
For example, if you are playing in a Deuces Wild game you might notice that the Royal Flush payout increases dramatically from 1000 coins to 4000 coins when you up your bet from 4 coins to 5 coins. However, some machines will allow up to 20 coins per spin and there are no more dramatic increases to be found between 5 and 20 coins.
If you happen to be playing on a machine like this, then you do not have to bet the full 20 coins every time. In fact, you don’t need to bet more than 5 coins per hand. There is no extra incentive to do so unless you simply feel like betting more money per spin.
2. Games With No Extra Bonuses
Another exception to the rule occurs when you are playing in a game where there are no extra bonus payouts for betting the maximum amount. These games are actually pretty scarce these days compared to games that offer extra bonus payouts for a max bet.
Due to the lack of a payout bonus for max bets, you can bet whatever amount you want to since the whole point of betting the max amount is to take advantage of the bonus payouts.There is no mathematical difference between betting one coin or betting the maximum amount of coins in these games.
We recommend avoiding these types of games if you are the type of player who likes to bet the maximum amount every hand. Your willingness to make these large bets will serve you better in games where there are bonus payouts rewarded to any max bets.
3. You Don’t Care About Winning
This might seem like a joke, but there are definitely some people who are so rich they don’t care if they win or lose. Some of them even enjoy the act of losing because it barely makes a dent in their bankroll and it makes them feel invincible. There are a plethora of alternative reasons why people don’t care about winning or losing slower, but we don’t want to turn this into a psychology paper.
If you are one of these particular human beings then be our guest and do not make the maximum bet on every spin or hand. This will ensure that you lose more money per spin in the long run, which is exactly what you were hoping for!
What to Remember
You should always make the maximum bet in a video poker game or a slot game as long as you have enough money in your bankroll. The only logical exceptions to this rule are when the specific game that you are playing does not offer bonus payouts on a max bet or if the bonus payout is achievable by paying less than the maximum bet.
Ignoring this rule is going to ensure that you do not get the maximum value out of every coin that you bet. Anyone who hates money will be happy to hear this, but everyone else should be excited about taking advantage of some extra value by making the maximum bet.
Even though the jackpots are rare, claiming this extra money from time to time will allow you to lose less money per spin over the long run. This contributes to the ultimate goal of having as much fun as possible while gambling by allowing you to play for more time per deposit, on average.
It does not matter if you think that you are an unlucky person, or if you think you already used up your luck by hitting a jackpot on a previous spin. The random number generator that decides the outcomes of each spin or hand in slot games and video poker games does not care about who you are or the results of your previous rounds.
The only control that you have over your fate, other than learning a proper strategy for the games that require one, is to make sure that you make the maximum bet for each round. By doing this you will give yourself a chance at hitting a jackpot while simultaneously knowing that it is the logical and mathematically correct play in the long run.
Remember the movie National Lampoon’s Vegas Vacation, when gambling fever consumes Chevy Chase’s character, Clark W. Griswold? He goes on a losing streak to beat all losing streaks while his son, Rusty, wins four cars by playing the slot machines. Maybe Clark would have done better if he had read Probability For Dummies! In this article, you discover the basic ideas behind slot machines and how they work, so that you can get past the myths and develop a strategy based on sound probability.
Understanding average payout
When casinos advertise that their slot machines pay out an average of 90 percent, the fine print they don’t want you to read says that you lose 10 cents from each dollar you put into the machines in the long term. (In probability terms, this advertisement means that your expected winnings are minus 10 cents on every dollar you spend every time the money goes through the machines.)
Suppose you start with $100 and bet a dollar at a time, for example. After inserting all $100 into the slot, 100 pulls later you’ll end up on average with $90, because you lose 10 percent of your money. If you run the $90 back through the machine, you’ll end up with 90 percent of it back, which is 0.90 x 90 = $81. If you run that amount through in 81 pulls, you’ll have $72.90 afterward (0.90 x 81 = 72.90). If you keep going for 44 rounds, on average, the money will be gone, unless you have the luck of Rusty Griswold!
How many pulls on the machine does your $100 give you at this rate? Each time you have less money to run through the machine, so you have fewer pulls left. If you insert $1 at a time, you can expect 972 total pulls in the long term with these average payouts (that’s the total pulls in 44 rounds). But keep in mind that casinos are designing slot machines to go faster and faster between spins. Some are even doing away with the handles and tokens by using digital readouts on gaming cards that you put into the machines. The faster machines can play up to 25 spins per hour, and 972 spins divided by 25 spins per minute is 38.88 minutes. You don’t have a very long time to enjoy your $100 before it’s gone!
The worst part? Casinos often advertise that their “average payouts” are even as high as 95 percent. But beware: That number applies only to certain machines, and the casinos don’t rush to tell you which ones. You really need to read or ask about the fine print before playing. You can also try to check the information on the machine to see if it lists its payouts. (Don’t expect this information to be front and center.)
Implementing a simple strategy for slots
Advice varies regarding whether you should play nickel, quarter, or dollar slot machines and whether you should max out the number of coins you bet or not (you usually get to choose between one and five coins to bet on a standard slot machine). In this section, you’ll find a few tips for getting the most bang for your buck (or nickel) when playing slot machines.
Basically, when it comes to slot machines, strategy boils down to this: Know the rules, your probability of winning, and the expected payouts; dispel any myths; and quit while you’re ahead. If you win $100, cash out $50 and play with the rest, for example. After you lose a certain amount (determined by you in advance), don’t hesitate to quit. Go to the all-you-can-eat buffet and try your luck with the casino food; odds are it’s pretty good!
Choosing among nickel, quarter, and dollar machines
Why Bet Max On Slot Machines Machine
The machines that have the higher denominations usually give the best payouts. So, between the nickel and quarter slots, for example, the quarter slots generally give better payouts. However, you run the risk of getting in way over your head in a hurry, so don’t bet more than you can afford to lose. The bottom line: Always choose a level that you have fun playing at and that allows you to play for your full set time limit.
Deciding how many coins to play at a time
When deciding on the number of coins you should play per spin, keep in mind that more is sometimes better. If the slot machine gives you more than two times the payout when you put in two times the number of coins, for example, you should max it out instead of playing single coins because you increase your chances of winning a bigger pot, and the expected value is higher. If the machine just gives you k times the payout for k coins, it doesn’t matter if you use the maximum number of coins. You may as well play one at a time until you can make some money and leave so your money lasts a little longer.
For example, say a quarter machine pays 10 credits for the outcome 777 when you play only a single quarter, but if you play two quarters, it gives you 25 credits for the same outcome. And if you play the maximum number of quarters (say, four), a 777 results in 1,000 credits. You can see that playing four quarters at a time gives you a better chance of winning a bigger pot in the long run (if you win, that is) compared to playing a single quarter at a time for four consecutive tries.
The latest slot machine sweeping the nation is the so-called “penny slot machine.” Although it professes to require only a penny for a spin, you get this rate only if you want to bet one penny at a time. The machines entice you to bet way more than one penny at a time; in fact, on some machines, you can bet more than 1,000 coins (called lines) on each spin — $10 a shot here, folks. Because these machines take any denomination of paper bill, as well as credit cards, your money can go faster on penny machines than on dollar machines because you can quickly lose track of your spendings. Pinching pennies may not be worth it after all!