Tips For Playing High Limit Slots
Welcome to my slot channel! Gambling should be fun - win or lose! (But we all know it's way more fun to win! Haha) The goal of my channel is to take you along on my casino trips - show you the. High Limit Slots. High limit slots are slot machines which require relatively large bets in order to play. They have multiple advantages over low limit slots. For example, higher limit games offer a higher payout percentage (in general) than lower limit games. They also usually have their own exclusive section in the casino where you can play. Playing High Limit Casino Slot Games Online One of the most important things in playing slot games, especially high limit slots, is to be sure that the game you are playing is a game by a verified online casino using certified casino software from providers like Microgaming, Playtech or Betsoft.
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Have you ever noticed in slots that the $25 machines tend to pay out a lot? Maybe you thought this was all in your mind, but then again maybe you thought that you were onto something? What is going on with those often-overlooked machines that tend to sit in the corners collecting dust? Why is it that whenever anyone sits down at one, the wins seem to start flowing immediately? Is it because they haven’t been played in a while, or is it something else?
The fact is, people playing the $25 slot machines report that they behave somewhat differently than the other machines. Many people make the claim that they are the most lucrative slot option to play. However, is there any truth to this claim? Surprisingly, there is—a little bit.
Read on to determine if $25 slots are the way to go, and if not just how to use that $25-a-spin money to milk the excess wealth the casino has stored in its high limit repositories.
1. Playing $25 Slot Machines Equals More Wins
$25 slot machines generally tend to pay out more often than any other type of machine. That’s right. There is no trickery here. I’m letting you in on a little secret here that not many people know about.
Sweet, right? Let’s all go out and start playing $25 slot machines!! Who’s with me?
More wins are certainly desirable at first glance. However, let’s wait on jumping into this newfound strategy for now and look at the other two points. When you’re thinking of stepping up into the higher betting echelons, you want to ensure that you have covered all the bases. If you rush into big money play you could walk away with even more than you started with, but chances are if you are in a rush, or are thinking “with blinders on,’ then you’re going to be walking away from the table with broken dreams and a host of questions about where and when things went wrong.
2. Casinos Like to See High Rollers Win
Casinos work diligently to balance different types of profits with different types of losses, so some games will have higher win frequencies.
We generally want to see people winning when it benefits both parties, but most especially in the case of high stakes players. The reason for this is fairly intuitive: casinos want to see high rollers winning because everyone loves when high rollers are winning. It creates a sense of excitement and the potential for more people to start gambling larger sums of money—when that happens, the House wins. So with that said, in theory there is nothing wrong with at least giving the impression that the high stakes players are winning.
The key phrase there being, “the impression.”
So far, we’ve made it through rules #1 and #2. As it stands now, $25 slot machines seem to be the best option when it comes to high stakes slots. Will things hold up as we move into the third point?
3. $25 Slots Do not Have a High Long-term Payback Rate
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And there it is.
Reading through the first couple of points you might have been thinking, “so far so good.” But, unfortunately, this is the point where the trouble comes. There is a downside to playing $25 slot machines, and it’s rather definitive: although slot machines with high stakes bets tend to win a lot, in the long run they do not lead to actual gains on the part of the player. In other words, they win a lot, and they lose a lot.
In fact, sometimes the rate of reward when plotted out over time is so detrimental to profits that you would be better off simply paying random people on the street $25, asking for a return of thousands. According to John Robison at casinocitytimes.com, some of the high limit slots machines have payback percentages in the low 90s. (In other words, a percent in the low nineties that the house will end up winning over the player.) Sperm has a better chance against birth control.
Advice for Playing $25 Slot Machines
If it comes to the point that you are ready to start throwing down some serious money to the tune of $25 per spin, then you would be much better off sitting down at a table game where your odds at winning are not only much better, but much more precisely determined for each hand. For example, if you get dealt a certain hand in blackjack you can surmise somewhat accurately what kinds of odds you are looking at in most situations. Maybe not what you would want in the ideal, but certainly better than any slots game. Slot machines, for all their lights, are opaque walls of mystery that are much harder to turn a profit with because you never quite know what is really going on.
The choice is yours. For some people, playing slots is the only way to go, and they are a one-armed bandit for life precisely because slots are so unpredictable. Not everyone wants to concern themselves with number and statistics. Some players out there are after the highest risk/reward ratio that they can find. There is no right game to play, so don’t let this blog deter you from playing $25 slot machines because as we discussed, they do win very often.
Simon
Simon is an overactive gambler and the Staff Writer here at Silver Oak. He loves casino bonuses, online slots, and using the em dash too often. Currently, he rests his typing hands in Vancouver, Canada.
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New slot machine players are going to find a lot of advice for beating the slots. Have a healthy skepticism when a slots expert tells you they know how to beat the slot machines. Among the games in a casino, video slots (in general) have a high house edge. Besides finding gaming machines with high jackpots and a low house edge, no skill or strategy is required to play slots. That means you can’t expect to increase your odds of winning in most situations.
Read through the advice below to optimize your chances of winning at slots. None of the advice assures winning sessions. Instead, it helps you stretch your bankroll, so you enjoy playing the slots longer. Also, the longer your bankroll lasts, the more chances you’ll have of hitting the big jackpot every slots player wants.
Use a Slots Card
Upon entering a live casino, sign up for a slots card. This provides comps and cashback, which automatically lowers the house edge by a bit. Never play a spin without using your slots card. In an online casino, accept the highest slots bonus and play according to the terms and conditions until you meet the wagering requirement. Once again, this lowers the house edge on online slots.
Make Max Bets
Look at the payout chart on a slot machine to determine how jackpots are paid. On many slot machines, the 5-coin bet pays out a higher percentage on the top fixed jackpot. For instance, a 1-coin bet might pay $200, a 2-coin bet might pay $400, a 3-coin bet might pay $600, and a 4-coin bet might pay $800. You might expect the 5-coin bet to pay $1000, but many slot machines pay out $1200 or $1500 in that case, trying to convince bettors to make the max bet.
If the jackpot increases a bigger percentage with a maximum coin wager, then it makes sense to make the max bet on a slot machine. If the bet size is too high for your tastes, then lower the coin denomination and make a max bet at that level. Of course, if there is no additional jump between the 4-coin and 5-coin bet, then you can wager a single coin and max out the coin denomination to the bet size you like.
Read the RTP Information
If an online casino or land-based casino publishes its return-to-player information, read through the RTP percentages to find the video slots with the best RTPs. Return-to-player or expected return is the percentage of a theoretical $100 you expect to see returned to you. It is a theoretical percentage based on probability, so an RTP of 95% does not assure you’ll be paid $95 for every $100 you put in the machine. You might lose $50 or you might win $150, or you might win a progressive jackpot and go home rich.
The point of the RTP percentage is to give a player an idea of their expected return. If two slot machines sit next to one another and one has an RTP of 93% and the other an RTP of 95% (and both have similar jackpots), then it pays to play the game with the higher percentage. Over time, this leads to you maintaining a higher percentage of your bankroll.
Money Management Techniques
Read about bankroll management techniques. “Money management” or “bankroll management” is a series of steps you take to lock on winnings when good luck happens and limit your losses when a bad streak occurs. These do not assure that you’ll win, but it optimizes your bankroll.
Players should know three core bankroll management methods: percentage betting, win goals, and loss limits. Learn to calculate your bankroll and divide this into percentages. Then bet between 1% and 5% of your bankroll on any given hand, depending on your capacity for risk. This limits the amount of your stake you lose on any given session, keeping you playing for longer throughout your vacation. It is a given that people go to the ATM machine or credit card when they lose their whole bankroll — which means you spend more than you intended. The point of percentage betting is to assure your bankroll last through your whole trip, so you never have to replenish.
What Is a Bankroll?
“Bankroll” is not defined as your entire bank account. It isn’t defined as your discretionary spending budget or the money you have earmarked for entertainment expenses. Instead, it is a part of your discretionary spending cash and entertainment budget which is set aside specifically for gambling. In this case, a bankroll is less than your entertainment budget.
Once you have your bankroll figured, divide this into easy to understand percentage. If you have a bankroll of $1000, then divide this into percentages. These are simple calculations, but you should have an understanding of 1%, 2%, 5%, 10%, and 20% of your bankroll. In the earlier example, 1% would be $10, while 2% would be $20. 5% would be $50, 10% would be $100, and 20% would be $200.
Now that you have these, decide whether to bet 1% to 5% of your bankroll. Most experts suggest betting no more than 1% to 2% in order to maintain your bankroll throughout your casino trip or online slots session.
Setting a Win Goal
Next, set your win goal. This is the amount of winnings you set as your goal for any given slots session. If you have a win goal of 10%, then your win goal would be $100 for any given slot machine sessions. As soon as you hit that goal, you walk away from the slot machine — no matter what. A win goal is a hard-and-fast rule, because it locks in winnings. One of the biggest mistakes players make is losing back their winnings, because they think they’re on a hot streak.
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Setting a Loss Limit
Even more dangerous is trying to win back cash you just loss. To protect against this tendency, set a loss limit. Once again, make this your hard-and-fast rule. Typical loss limits can be 5%, 10%, 15%, or 20% — though 20% means you could lose the entire bankroll in 5 slots session. 10% to 15% is a good middle ground. Once you’ve lost that amount, walk away from the slot machine under all circumstances. The slots game is not “due” to pay out, so step away from the machine and clear your mind.
Win goals and loss limits guard against gambler’s fallacy. Gambler’s fallacy is the idea that the law of averages assures or weight the odds in your favor. Slots use random number generators and every spin is entirely separate from the previous spin. Losing the last spin does not make it more likely you’ll win the next spin. The odds stay the same, no matter how many wins or losses in a row you’ve had.
Avoid Progressive Betting
For that reason, avoid progressive betting systems like the Martingale system, D’Alembert system, Fibonacci system, and so on. Betting experts have used computer simulations to track the progressive betting methods against flat betting (same bet each spin). Flat betting beats all of the progressive betting schemes over 1 billion spins.
Progressive betting seems like it’s working, because it leads to a lot of small winning sessions. The problem is that it also has a handful of huge losing sessions which wipe out all the wins — and then some. You can’t beat the house edge with the Martingale system, however it might look to the naked eye. The Fibonacci numbers are incredible, but they are not a magical way to beat the casino.
The reason progressive bets are bad is they increase the size of your bets (in some systems exponentially). If you start with $5 or $10 bets, a streak of bad luck has you betting hundreds of dollars on one spin. That’s busts your bankroll and leads to a “risk of ruin” — meaning you’ll lose your whole bankroll if you hit a bad luck streak. No matter what you read online, flat bets are better.
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Take Breaks for Rest and Refreshments
Play when you are at your best physically and mentally. Don’t play when you’re tired or sleepy. Don’t play when you’re hungry or thirsty. Take frequent rest and restroom breaks. If you get bored, take a break and walk the casino. Play another game to change up the betting pattern.
When you are rested and engaged, you won’t have distractions that might lead to bad decisions. The idea is to have fun, so if anything is causing you to lose focus on the entertainment aspect of the game, walk away and save your bankroll.
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Don’t Go on Tilt
Tilt is a concept in poker where a player makes decisions based on emotional responses instead of solid strategy. It can cost a player a lot of money if they make bets based on anything but rational decisions. While going on tilt is not a concept in slot machine gambling, every game of chance has a personal component.
In short, don’t play when you’re agitated. Take stock of your inner thoughts. If your ego or anger is causing you to make irrational decisions, take a deep breath and calm down. If that doesn’t work, walk away and clear your head. It stinks to lose a series of bets, but what stinks more is to lose a series of bigger bets when you’re trying to make up for lost bankroll.