Slot Machines - Tips |
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| Denomination | Wagers/Hour | Amount Wagered/Hour | Amount Lost/Hour with an 80% Payout Machine | Amount Lost/Hour with a 98% Payout Machine |
| $0.01 | 600 | $6.00 | $1.20 | $0.12 |
| $0.05 | 600 | $30.00 | $6.00 | $0.60 |
| $0.10 | 600 | $60.00 | $12.00 | $1.20 |
| $0.25 | 600 | $150.00 | $30.00 | $3.00 |
| $1.00 | 600 | $600.00 | $120.00 | $12.00 |
Keep one other thing in mind too. The higher the denomination, the higher the payout percentage. The reverse is also true: the lower the denomination, the lower the payout percentage.
Something else to keep in mind is the value of comp drinks. If you love premium beers like Heineken or Corona, or expensive liquor, you can drink them for the cost of a $1 or $2 tip to the waitress, and a minor hourly loss on the slot machines. This can, in fact, make your hourly expectation positive if you're drinking enough.
There's absolutely nothing wrong with playing the slot machines if you're smart about it. Don't expect to win, and understand how much it's going to cost you to lose. Most importantly, enjoy the comps and join the slot club. Slot machines are fun, plain and simple, so don't feel any more guilty about playing the slots than you do about occasionally indulging in some junk food.
A reader wrote in with some corrections and disagreements regarding these slot tips, and I guess his response could be considered another set of slots tips. Worth reading his opinions and my responses though. You should also take a look at my article about detecting slot machine gurus' scams.
If you still can't find something you're interested in, then check out my page of gambling resources. Plenty of good reading to be found there.
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