Online Slots Rules and Tips

online slotsAbout Online Slots

Slot games dominates most of the floor space in the casino and make up about 60–65% of a casino’s total revenue. Because of their popularity, slot machines come in a wide variety of denominations and styles.

The original Slot Machine was the “Liberty Bell” and was built at the end of the 19th Century by Charles Fey in San Francisco. Nowadays come in hundreds of variations and many are run by a computer board with the output displayed on a video screen.

There are many different online slots games. Lower bet games usually have a lower payout percentage. Regulatory bodies set the minimum percentage payback for online Slots games which vary from location to location. Because of competition, most slots have a much higher payback.

It’s a common myth that online slots games are the worst bet in a casino, when in fact the odds you get when playing slots are similar to those for roulette. Making bad bets at the blackjack or craps table can give far worse odds than any slot machine.

Many people also believe that a slot machine that just paid out a jackpot won’t pay out again for some time, but, statistically speaking, the odds are the same for every spin and every spin is completely random and independent of all past spins. There is no way to predict the next spin and a jackpot is just as likely to be hit right after the last one was hit as it is after a thousand dry spins.

Playing Online Slots

A computer program generates random results and determines the result of each spin of the wheels. The machines can be set by the casino to generate whatever payout they choose. If, for example they set it to 92%, this means that for every 100 pounds or dollars bet, the machine will, on average, pay out 92 pounds/dollars. The other eight goes to the casino and that’s how they make their profit. Of course, that’s just on average. It’s possible, if Lady Luck is on your side, to make hundreds or even thousands of dollars with just one spin. The secret is to know when to call it a day when you’re winning!

Tips for Online Slots Players

• Try to play the highest denomination online slot game which is within your budget. This is because lower denomination Machines usually have a lower percentage payback.

• Play at casinos that advertise the best payback percentages. There is much competition between casinos for slots and the casinos are eager for your business are willing to reward you with better payouts.

• 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.