Slot Machine Payouts
By Cristina Morena
If you don’t care what slot machine you play, picking one is easy. If you’re an avid slot machine player, and you want to win the highest amount of money, then you might want to know the slot machine payout to which you are playing. Knowing the pay out percentages is one of the best tips a slot machine player could take heed.
Slot machine payouts vary from machine to machine because of the difference in the pay out schedules so follow a few of these basic rules and you will find the best slot machine payout.
You have a choice on how you will find out the slot machine payout, the first option is to ask the casino attendant, or if you are playing online then ask customer service. Most of the time however, you can find this information on the help menu of the slot machine.
By studying the pay table once you have found it, you can determine the variance. A high variance slot machine is usually anything over 10k coins for the highest winning combinations. There is also a medium variance that offers lower variables on a winning combination. High variance games tend to give fewer wins, but once you do win, the win is of substantial amount. Low variance usually gives many small winning combinations but the payout is less than medium or high variance. Always remember, the lower the risk, the lower the slot machine payout.
Payout Percentages Explained
What is a payout percentage? This is defined as any amount returned to the slot player in the form of winning cash. This is the difference between total bets and the house edge. Payout percentages may look confusing but actually they are quite easy to understand. If your slot machine states that the payout percentage is 85%, it is safe to say that your slot machine will return 85 cents of winnings to you and will keep the rest of the dollar for revenue. This percentage is actually based on mathematical standings. There is no guarantee that if you spend $100 you will get back 85% of this money. The payout percentage is calculated on a overall of every player, not one player at a time. This means, thousands of spins may result before the percentage is actually paid out.
Slot Machine Payout Schedules
A payout schedule is actually a table that explains how the slot machine will pay each winning combination. We all want to win the biggest jackpot, but some slot machines will have huge jackpots but small individual payouts with lower winning combinations. Many times the higher the jackpot, the lower the wins in between.
While most of us will play our whole life and never win the jackpot, we should always play on the slot machines with the best payouts on the lower combinations. Winning a few smaller wins, is much better than never winning that jackpot or anything else for that matter.
There are many that never even look at the payout table or the payout percentage table. It is these people that go home with less money in their pocket than what they initially started with.
Stop looking at the highest jackpot amount when searching for the best slot machine to play. Choose a slot machine that offers more winnings for less symbol combinations. You will find that you will be hitting a win a lot more often than if you are focused on the jackpot win.