• Posts Tagged ‘payout’

    Understanding Payout in Slots Gambling

    Tuesday, May 31st, 2011

    In the world of slots gambling you have to do some research and then make some educated guesses on what games pay out most. The biggest advantage to games is that they are games of luck and if you have it, you can see some great returns. On the other hand if you don’t, you may find yourself out of money quickly. Still- there are some things you can do to increase your wins. First of all, make sure that you understand how slots work. For example, if you are working with a progressive game, you have to realize that the payouts are huge, but they are also sparse. There is a reason why when someone wins a multi-million-dollar payout from a slots game it makes the headlines. If it happened all the time, they wouldn’t print a thing about it. When you are wagering on a good progressive, you aren’t the only one. Likely there are hundreds, even thousands, of other gamblers who are playing the games at the same time. Any one of them could hit the jackpot. Progressives don’t pay out often and they come with a good amount of investment dollars too so if you aren’t careful, you could end up losing that much more. The number one thing to remember is that normally when games pay out big, they don’t pay out often. This is a standard rule. It makes sense—if the higher pay games paid out a lot the casino wouldn’t be maintaining its edge over its gamblers. They wouldn’t be in business for very long if this is how they operated!

    The other thing to remember is that if games do pay out often, then they probably don’t pay a lot. That isn’t to say that $50 isn’t going to make your day, but be sure that you understand this likely is the cap of what you are going to make when you are playing on them. When you are picking a game also, make sure that you pick the games with the biggest payout percentages. Sure the differences can be small, but that small percentage point can make the difference between a good payout and nothing.

    Be Aware of How Much You are Wagering on Slots

    Tuesday, May 31st, 2011

    In the world of gambling some games are more addictive than others. You are going to find that some games are obviously a problem. If you look at a high-dollar poker tournament you are ready for a big buy-in. Likely it is going to cost you a good chunk of money to get in on and then stay in as you continue to ante. This means that you are going to have some time to build up a good investment in the game. Mentally you know that if you are working with a high-payout poker game that it is going to be costly to play. On the other hand there are slots games. Slots can be deceptive because people tend to categorize them subconsciously into the “low wager” model. They believe that if a game costs “only” $1 to spin the reels on, “How could it be costly?” The truth is that you can go overboard with slots games just like you can go overboard with high-payout games. You have to be careful with both of them. The difference though is that people tend to be much more lenient with their bankroll when it comes to the slots. There are different features today too that are pushing the amount you wager. Just look at the “auto-spin” feature that some games are being built with. They are coming into the market and giving you the chance to let the machine keep spinning until you need to intervene with a decision or a bonus game.

    Overall slots can be deceptive to newer gamblers. They can automatically assume that they are going to never cause them to take over their bankrolls or work against them. They consider them low wager/low pay games and never think beyond that. The truth though is that slots can be just as costly if you aren’t careful. It may take longer for you to go over your limit, but you will get there if you aren’t vigilant with your bankroll. Your best bet is to be as strict with your bankroll when you are playing the slots as you would be with any other games. Sure they look cute, but you can get in as much trouble with a slots game as you can with any other gambling game.

    The Importance of the Payout Percentage

    Wednesday, May 25th, 2011

    So let’s say you are wagering on two different slots games: one has a payout percentage of 93% and the other one has a payout percentage of 91%. Let’s say that the games are similar in play and theme and the only difference is that percentage. What should you pick? Some people look at the two-percentage difference as inconsequential, but it really isn’t as small as it seems. You have to consider the big picture with wagering. When you are playing gambling games you are working against the House. The House of course has a huge benefit over you and it is something that likely is going to end up taking away your entire bankroll at the end of the night. No matter what you do, the reality is that you are most likely going to leave all of your cash at the casino. So what can you do to change the odds? The truth is that to change your odds you have to ease up the number slowly by percentage points. You are not going to find many games out there that offer you huge bonuses up against the House so you have to value the small percentage points and let them add up to help you. Sure one-percentage point doesn’t sound like a lot, but in reality it can be the difference between winning a few hundred dollars and nothing at all.

    When you are at the casino you have to seek out games that offer you the biggest returns. This is the number one way for you to increase your own wins, or at minimum how to increase your own chances of not losing too much. You always should walk the casino floor when you show up and read a few games. The payout percentages are going to be posted on every game so you aren’t going to have to seek it out. Make sure that you test out games to see which one are the most lucrative and offer the biggest returns. This is the number one way that you can assure yourself a great shot at winning as much as possible if you get lucky on your chosen slots games.

    Another Big Win Thanks to Slots

    Wednesday, May 18th, 2011

    If you want to win big, you are going to have any number of options right now in the slots market to do just that. There was a time when slots were considered to be some of the lower-paying games but those days are long gone. Due to the overwhelming popularity of the games, there are plenty of options right now that offer you bigger and better payouts than ever. Now, you can wager a few dollars on a slots game and if you get lucky, bring in hundreds-of-thousands of dollars in return. The thing about slots though is that you have to bring luck—this is the only key that you can use to make a bigger win. The games are completely random and offer no chance for you to strategize or build up your skills. You have to just either bring luck and win, or walk away. Luck though is something that if you do have can completely change your returns within a game. That is exactly what a player going by the name of “Gold1968” ended up doing when he went into the virtual casino called WinADayCasino.com. The casino was offering the snazzy Vegas Mania slots game and the player took a shot at it. Luckily, he ended up winning the big jackpot of $167,648.

    This is a sign of how lucrative slots games can be today. No longer are they just dollar-here-and-there games. Now you can parlay your coins used in slots into a great online win. Of course this player was only one of the gamers who ended up with that win, but with chances to take away this kind of payout it is no wonder why gamblers take their chances at slots games all the time in today’s market. Gaming developers are building slots games that are bigger payouts than ever. You can expect that Win A Day casino is going to continue bringing its biggest and best offerings to the gaming public in the future and you should take a shot at the games if you want to give yourself a great gambling time and give yourself a great shot at winning at the same time.

    Using Progressives for Good Gaming

    Friday, May 13th, 2011

    If you are wagering on the slots you inevitably are going to come up to some great progressives out there. The progressives are the games you hear about that hand out huge wins. You could end up with a few thousand or up to a million dollars with these games. They actually aren’t games. The progressives are made up of a network of games that contribute to the growing payout. For example, if a casino sets up a progressive network of 25 games, every time anyone wagers on those games, a portion of their wager goes directly to the jackpot. If the maximum wager is $10 to spin the reels, the casino could set it up such that $8 goes to the casino as profit, but the other $2 goes to the jackpot. This is why when you look at a casino’s progressives you are going to see them growing in value by the minute. If it is a particularly popular progressive network then you are going to see that number jump quickly and can easily reach upwards of $1-million! That is a newer development. There was a time when slots were relegated to offering small payouts, but that is no longer the case. Casino operators understand just how popular the games are and are ready to bring them to the next level by building huge payouts for gamblers to win when spinning their reels. It is a great time for progressives because people love taking their own shot at the games and hoping for the best.

    If you are in the market for a good progressive the one thing you have to be aware of is that they can get costly. To be eligible for the progressive jackpot of a game, you have to wager the maximum amount to activate all the paylines. If each payline costs $1 to wager on and the game has five paylines then you are going to be spending $5 per spin. Considering that the average slots gambler can spin those reels a total of one-hundred times per hour, you could be spending $500 per hour if you aren’t careful. Make sure you know your bankroll limit and are working within it when you play a progressive game, but if you are doing that then just have fun. These are some of the most lucrative games on the casino floor so you should carve out some time to have fun with them!

    Developers Continue to Raise Payouts of Small Slots- Part 2

    Friday, April 29th, 2011

    This is part of the reason why gamblers love slots. They are low-cost and can be big-return. When you are wagering at a casino, you are going to find plenty of games that require a big bankroll to play. This has been the way of the casinos for decades. They love to build big dollar games. In the past these were the only game that would ever possibly be affiliated with the big million-dollar-plus payouts. That has changed now and if you want a huge win, then you can easily play at the small penny-slots and find some good payouts. Make sure you watch out for the penny slots market and get used to testing them out when you are wagering. You want to make sure that you are giving yourself the perfect shot at winning those big jackpots. Now, you can look farther than just the high-roller tables. It is sometimes the smaller and unassuming slot machines that are handing out just as much. This is why so many people are flocking to the slots parlors now in lieu of wagering just at the tables. Though the tables are a lot of fun, they just don’t offer the same returns that the slots do…especially for people who have a limited bankroll to start with.

    The market has changed post-recession and people are still being cautious of their bankrolls. They want to make the most of their overall dollars and even pennies when they go to the casino. They are still willing to wager, but it has to be on a game that they decide is “good” or has some evident benefit. This is why slots are so popular and why developers are creating even smaller ones attached to huge payouts. All you have to do is search around and you easily are going to find plenty of options when you go to the casino that make the most of your money. Take a shot at the next penny- or nickel- slots game you find. Never assume that because you are putting in a smaller amount, or it is a smaller game, so you are going to get a small amount in return. In the world of gambling today, the sky truly is the limit.

    Developers Continue to Raise Payouts of Small Slots- Part 1

    Friday, April 29th, 2011

    There is more good news in the world of slots gaming. The best thing about slots is that they are cost-effective but can come with great payouts nonetheless. If you have a limited bankroll, slots games are the perfect games to check out. You can find plenty of penny-slots and nickel-slots that you can wager on. There was a time when if you wanted a big payout, you had to wager on the top-dollar slots. Those days are long gone though. Now you can find plenty of smaller games and they come with huge payouts if you get lucky. You are going to hear a lot of stories about people who are wagering on the smaller-wager slots and come up with the big wins. That is exactly what happened in Ramona California recently. One man was wagering at Santa Ysabel Casino when he found a penny slot machine and decided to take a chance at it. He was wagering a few spins when he ended up winning the progressive $1-million jackpot. This is where the market is going right now – you are going to find plenty of chances for huge wins without the obligatory top-dollar wager.

    This is just one more incident of someone playing on a penny-slots game and getting a huge win. They happen all the time right now in the market. Remember that when you are wagering on a slots game, all you need is luck. If you don’t have it, you aren’t going to win anything regardless of how many times you wager. On the other hand, if you do have it, you are going to have plenty of chances to make the most of your spins… even if they happen to be on “smaller” wager games. The best thing about the market right now is that it is building a lot bigger payouts for smaller games. If you have a limited bankroll then you are going to still find plenty of slots games to test out, and a lot of them are going to have huge wins attached to them if you get lucky. Never discount the slots as “small win” games. That is no longer the case in today’s market.

    Part two coming next.

    Random Payout and Progressive Slots

    Wednesday, April 27th, 2011

    If you go to a good slots parlor then you are going to see just how much fun you can have there. No matter what your personal preference in terms of gambling is, you are going to find it when you go to a good parlor. One of the most fun games you are going to find when you go though are the progressive jackpot slots and the random payout slots. Both are taking over because of all they have to offer in terms of returns to the gambler. First of all, there are the progressives. Progressive games are those that come with the huge payouts. A portion of every wager made on the network of slots goes to that payout and that is what drives it upwards so quickly. For example, let’s say it costs $20 to spin the reels, the casino could set it up such that $4 of that amount goes directly to the progressive pot. That means every time someone spins the reels, the progressive increases by $4…not multiply that by tens, hundreds or even thousands of people working on the specific gaming network. You can see how the games are going to grow in payout so much quicker. This is a sure-fire way to be privy to the big payouts you hear about. In today’s market you are going to find plenty of games that offer payouts in the hundreds-of-thousands and even millions. All you have to do is a quick search of the market and you are going to find plenty of options.

    On the other hand there are the random payout slots. These are a newer invention in the world of gambling and they come with a good chance of a huge win. These are slots that casino operators are putting up to help you win more. It is a smaller network of games on a casino floor put together and as people wager, a part of their wagers goes to that jackpot. Normally you can see the jackpot rise and it will have some fun animation to it as you are wagering. When the machine reaches a random limit it pays out to whoever is on the network at that time and playing the game. If you are looking for great payouts, then test out either one of the above games. You likely are going to have a lot of fun with them, but you also can end up walking away with a great win.

    Playing the Big-Dollar Tournaments- Part 1

    Thursday, April 14th, 2011

    If you are used to slots games, your next obvious step is to get into tournament play. Tournaments are highly enjoyable and normally a lot more affordable than individual games. Consider that to play a single slots game can cost $3-per-spin and the average gambler can spin the reels one- hundred times per hour. That means that they are spending over $300 per hour on one game. The chances of winning aren’t all that great both because slots are completely based on luck and there is no strategy to help you increase your odds. On the other hand you can deposit to a good tournament for a few dollars and have access to wins of $1,000, $2,500 and even up to $10,000- depending on what type of tournament you are getting in on. In general, the tournaments are the best return on investment for your money when you are wagering. Considering the amount of options you are going to have when you are wagering online, you may have a difficult time picking the casino tournament to work with when you want a good slots tournament. Here are some tips that may help you to choose wisely:

    • Slot tournament selection. If you already know what games you like to work with then this is a great tip. Let’s say you love the five-reel video slots game, should you pick casinos that specialize in three-reel tournaments? No! Most likely the three- reel games are going to be too basic for you and won’t have the features you love to work with when you are spinning the reels. This is where good five- reel games stand out in the world of slots gambling. You want to take advantage of the games that you know you already like and make sure the online slots parlor offers them. If you don’t yet know what kind of slots tournament you like, then just look for slots parlors that offer a huge variety. That way you can sort through the ones to find out which ones you like the best and then seek them out. This may take some time though so if you have an online slots parlor with a great selection you are going to be able to take your time and decide which tournaments are your favorites.

    Part two coming next.

    Finding Good Slots Tournaments- Part 1

    Tuesday, April 12th, 2011

    If you are looking for a good slots tournament then you are in luck. Right now the gambling market is supporting their slots more than ever before because of how popular the games have become. It is no secret that there are plenty of people right now who love their slots games and know that they are more lucrative than ever before. This is creating a huge market for the games and if you watch them, you are going to be able to find plenty of games that you enjoy wagering. Developers have taken the games to a new level though with the touranment. They are building tournaments with great payouts to them. You are going to love wagering on them because traditionally you can get a bigger return thanks to them. For example, playing a normal slots game can cost a lot to play considering that the average slots player can spin the reels one-hundred times per hour. If the game costs $2 to wager, then you are spending $200 per hour. Of course to get the win, you have nothing to rely on but luck and if you don’t have it that day, then your $200 is gone.

    So what is the solution? It is to get into tournaments. When you join an event you pay the buy-in and get an automatic number of coins to work with. Some touranments even offer you a re-buy so when your coins run out, you can keep on buying back into the tournament. Plus, touranments normally offer you more in returns too. A single game can offer you a few dollars in returns, but tournaments come with some of the biggest returns you are going to see today. You can find plenty of tournaments that offer you huge returns based on how much you have to contribute for the buy-in. If you are looking for tournaments, there are plenty of places online and at land- based casinos to find them too. Because of their popularity, there are plenty of locations where you can find good ones and here are some of the most popular places to go for gaming:

    Part two coming next.