I have some big wins at the casino,usually playing slot machines.Slot machines are more fun than card games.I have also seen more big wins at the casino on slots.In order to have a big win at the casino playing cards,you have to play for a long time and bet hundreds.I usually go for the smaller wins on slot machines nowadays. In the classic WMS Gaming video slot Super Jackpot Party, there are eight reel symbols that form winning combinations, plus the noisemaker and party guy symbols that launch a bonus event. All of the symbols need to be assigned sets of random numbers, and payoff values assigned to three-, four- and five of a kind winners.
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Winning as much as you can in a casino isevery player's dream. However, we all know that this is not easy. It is not awalk in the park and there is definitely so much you are required to do. It isnot so much with your energy but the brain.
The most important part of playing casino games is being smart and understanding tricks that will help you win more than you have ever thought of. So, here we are going to look at ways and tricks that will help you win in a casino game.
Choosing a winning slot machine to win in a casino tricks
Winning in slot machines do not start with the tricks. The whole process starts from the ground with you understanding how well to choose your slot machine. And this goes a long way into increasing your chances of winning.
- Highestpayout slots are the best
What this means is that if you know youare good at playing online casino games then you need to go for slots that willgive you the highest payouts. The bigger the better. In this case, one veryimportant factor that you should be so much focused on is the return to playerpercentage.
This is the main figure that will help youknow of the slots that will give you more. You can search online for the RTP ofa particular game before playing.
- Howis the Volatility of the slots?
This is really important if you want to play and win like a pro. It is a factor that will help you choose the best slot machine to work with. The volatility of slots basically indicates risk levels of using a certain machine. It is meant to show you how much the possibility to win in a casino.
For example, a machine with highvolatility with have a low frequency of winning and in return, it will be inbigger figures.
On the other hand, a machine with lowvolatility will have high winnings but in small numbers.
Ways of finding out the volatility of aslot machine are few in this case. You can search, though there are fewproviders who offer this information. You can also try the machine tounderstand more about its volatility.
7Intelligent Hacks on How to Win Casino Tricks
- Try out higher bets
For many beginners, it is common for themto use very little when gaming. Many are afraid of losing hence they end upplacing very small bets. But the question is. How will you win big or jackpotwhen you are placing so little? The secret behind winning more is understandinghow well to place and then you place high.
- TakeAdvantage of non-deposit bonus
The whole deal in playing a casino game isto increase your chances of winning as much as possible and at the same timereducing the amount of money you are spending from your pocket. So, when youtake advantage of no deposit bonuses, it means that you have a chance ofplaying and winning without really using your actual money. It is an advantage.
- Stickto your limits
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Casino games can easily wipe your pocketsif you are not keen enough. At the same time, there is so much excitement thatgoes on with playing casino. It is a very addictive game. Which means if youare not careful enough, you may end up spending more than you are willing oryou expected to.
For this reason, know your limit beforeyou start playing. This means that you have to clearly set a loss limit for theday. Once you hit this limit you have to stop playing and call it a day. Thereis no problem trying out another day when you are okay financially.
- Dealingwith the casino for hidden bonuses
You might be wondering what this means.There are many casinos that trick a lot of new or beginner players. One of themost common tricks is by showing you big bonuses only to realize that you needto spend more or bet huge to claim them. And this is where you lose morerunning after these bonuses.
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The advantage of focusing on the casino isthat you understand their offers and bonuses directly. This is also a factorthat helps you a lot in understanding what are the requirements of the casino.For example, some casino will have a wagering requirement of 5x. This meansthat if you deposit $200 you will not be able to get your money until it is$1000 in bets.
- SlotChanging
When it comes to slot changing, it issomething that will work very well for you if you have stayed for a long timenot winning in a spin. This means that you should consider changing the machineyou are using. The most important part here lays in the fact that machines haveto vary slots with varying payout. So, when you are doing this, you are tryingto change the outcome based on the volatility of the machines. What makes thiseffective is to the fact that each spin comes with a very unique event or outcome.
- Slotswith Random Jackpots
The more random the game is in terms ofjackpots the higher the chances of winning. As a result, it is always advisableto consider slots that offer random jackpot winnings. This is because, withslots that offer fixed jackpot, the payout does not change. On the other side,one on progressive machine increases as you continue to play. This means thatyou can win continuously with an increasing figure.
- Wherenot to play
Yes, it is true there are places not worthplaying in if you do not want to lose your money. If you want to play well andmake cash go for places where there are a high number of people playing. A realcasino will do good for you. It is also the fact that you need a place withmany machines to give you a variety of options. Whenever you come across aplace with few machines with few players such as an Airport, just leave it.
Conclusion
Casino games are super exciting and addictive. When you know all the tricks and you use them well you can be sure to win in a casino and make a lot of money out of them. All you need to do is have the right amount of money you want to use there and use it wisely. Do not be too excited because of the influence of your friends who have been winning big. Take your time and learn.
The gaming industry is big business in the US, contributing an estimated $240 billion to the economy each year while generating $38 billion in tax revenues and supporting 17 million jobs.
What people may not realize is that slot machines, video poker machines, and other electronic gaming devices make up the bulk of all that economic activity. At casinos in Iowa and South Dakota, for example, such devices have contributed up to 89 percent of annual gaming revenue.
Spinning-reel slots, in particular, are profit juggernauts for most casinos, outperforming table games like blackjack, video poker machines, and other forms of gambling.
What about slot machines makes them such reliable money makers? In part, it has something to do with casinos' ability to hide their true price from even the savviest of gamblers.
The Price of a Slot
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An important economic theory holds that when the price of something goes up, demand for it tends to fall.
But that depends on price transparency, which exists for most of the day-to-day purchases we make. That is, other than visits to the doctor's office and possibly the auto mechanic, we know the price of most products and services before we decide to pay for them.
Slots may be even worse than the doctor's office, in that most of us will never know the true price of our wagers. Which means the law of supply and demand breaks down.
Casino operators usually think of price in terms of what is known as the average or expected house advantage on each bet placed by players. Basically, it's the long-term edge that is built into the game. For an individual player, his or her limited interaction with the game will result in a 'price' that looks a lot different. Antique slot machines for sale in california.
For example, consider a game with a 10-percent house advantage — which is fairly typical. This means that over the long run, the game will return 10 percent of all wagers it accepts to the casino that owns it. So if it accepts $1 million in wagers over 2 million spins, it would be expected to pay out $900,000, resulting in a casino gain of $100,000. Thus, from the management's perspective, the 'price' it charges is the 10 percent it expects to collect from gamblers over time.
Individual players, however, will likely define price as the cost of the spin. For example, if a player bets $1, spins the reels, and receives no payout, that'll be the price — not 10 cents.
So who is correct? Both, in a way. While the game has certainly collected $1 from the player, management knows that eventually 90 cents of that will be dispensed to other players.
A player could never know this, however, given he will only be playing for an hour or two, during which he may hope a large payout will make up for his many losses and then some. And at this rate of play, it could take years of playing a single slot machine for the casino's long-term advantage to become evident.
Short-Term vs. Long-Term
This difference in price perspective is rooted in the gap between the short-term view of the players and the long-term view of management. This is one of the lessons I've learned in my more than three decades in the gambling industry analyzing the performance of casino games and as a researcher studying them.
Let's consider George, who just got his paycheck and heads to the casino with $80 to spend over an hour on a Tuesday night. There are basically three outcomes: He loses everything, hits a considerable jackpot and wins big, or makes or loses a little but manages to walk away before the odds turn decidedly against him.
Of course, the first outcome is far more common than the other two — it has to be for the casino to maintain its house advantage. The funds to pay big jackpots come from frequent losers (who get wiped out). Without all these losers, there can be no big winners — which is why so many people play in the first place.
Specifically, the sum of all the individual losses is used to fund the big jackpots. Therefore, to provide enticing jackpots, many players must lose all of their Tuesday night bankroll.
What is less obvious to many is that the long-term experience rarely occurs at the player level. That is, players rarely lose their $80 in a uniform manner (that is, a rate of 10 percent per spin). If this were the typical slot experience, it would be predictably disappointing. But it would make it very easy for a player to identify the price he's paying.
Raising the Price
Ultimately, the casino is selling excitement, which is comprised of hope and variance. Even though a slot may have a modest house advantage from management's perspective, such as four percent, it can and often does win all of George's Tuesday night bankroll in short order.
This is primarily due to the variance in the slot machine's pay table — which lists all the winning symbol combinations and the number of credits awarded for each one. While the pay table is visible to the player, the probability of producing each winning symbol combination remains hidden. Of course, these probabilities are a critical determinant of the house advantage — that is, the long-term price of the wager.
This rare ability to hide the price of a good or service offers an opportunity for casino management to raise the price without notifying the players — if they can get away with it.
Casino managers are under tremendous pressure to maximize their all-important slot revenue, but they do not want to kill the golden goose by raising the 'price' too much. If players are able to detect these concealed price increases simply by playing the games, then they may choose to play at another casino.
This terrifies casino operators, as it is difficult and expensive to recover from perceptions of a high-priced slot product.
Getting Away With It
Consequently, many operators resist increasing the house advantages of their slot machines, believing that players can detect these price shocks.
Our new research, however, has found that increases in the casino advantage have produced significant gains in revenue with no signs of detection even by savvy players. In multiple comparisons of two otherwise identical reel games, the high-priced games produced significantly greater revenue for the casino. These findings were confirmed in a second study.
Further analysis revealed no evidence of play migration from the high-priced games, despite the fact their low-priced counterparts were located a mere three feet away.
Importantly, these results occurred in spite of the egregious economic disincentive to play the high-priced games. That is, the visible pay tables were identical on both the high- and low-priced games, within each of the two-game pairings. The only difference was the concealed probabilities of each payout.
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Armed with this knowledge, management may be more willing to increase prices. And for price-sensitive gamblers, reel slot machines may become something to avoid.
This article was originally published on The Conversation by Anthony Frederick Lucas. Read the original article here.
