Know the Odds at Slots

This post is not about betfair exchange games. It is about slots. That also can be played at Betfair Casino

All the casino games incorporate odds. The odds which a player wins at are shorter than the real odds of the win happening. The difference between these odds is the Casino edge. Slot machines do not differ, except for the fact that rather than the intrinsic nature of the game, slots pay out according to the Casino edge.

Understanding Slot Machine Odds

For example, in a game like blackjack, a player can reduce the Casino edge to almost half a percent using the correct basic strategy. In other words, the player can expect to lose 50 cents on average for every 100 dollars wagered.

In slots games, there is not any human component. Programmed machines pay back a certain percentage of every dollar wagered. For instance, a 90 % payback slot machine will pay out 90 cents for every dollar it has taken in. This would represent a Casino edge of 10 %, since on average the slot is collecting 10 cents out of every dollar.

This certainly does not mean you will get back 90 cents at once if you place a dollar into a slot machine. Over time, the slot will end up keeping 10 cents on the dollar.

Using Slot Odds

When you know this, it should be clear that you want to seek after slot machines with the highest possible payback. The majority of good free online slots offer payback of more than 90%. Tighter machines give less generous payback. It is to your interest to do online research to find out where the loosest slots machines, both at land casinos and online casinos, can be found. The better the listed payback is, the better your chance to hit is. Thus make sure that you know what your game odds are like and then choose the right machine. Whether playing in an online or land casino this is the winning slots machine strategy.