By Bill Burton

Answer 1 of 34: To hit the highest payout on $0.25 or $1.00 slot machines you have to put in maximum coins. Someone told me recently that penny slots pay off better if you don't bet the maximum amount. Slot Machine Payout Basics. The first thing to look for on any slot machine payout schedule is the range of payouts. Payouts are typically listed not as monetary amounts but multipliers of the line bet. Verifying this is important as especially with the technology behind online slot machines, it is easy for them to display dollar amounts instead.

Over the last year, I have heard many players complain that they are not having as many jackpots on the slot machinesas they used to have. I first heard this from a few of my friends who said they believed that the casinos were tightening the machines because the bad economy was forcing people to make fewertrips to the casino. I did not pay too much attention to this but then I started to notice other players posting the same opinions on several Internet forums.

Pay attention to the amount you bet per line. Playing the maximum number of lines per spin at the maximum bet per line can add up big time. As stated in step three, the minimum bet on a 20 line machine costs 20 cents per spin, but a maximum bet of 10 cents per line equals a $2 bet per spin. Most people who don't know better might assume that a penny slot costs a penny to play but that's not the case. For decades, the most popular slot machines in U.S. Casinos were nickel slot machines. In the late 1960s, Bally Manufacturing developed an innovative machine called the Money Honey, a penny slot that could be played for up to five.

It seems many of the players have come to believe that every casino was lowering the paybackpercentage on all of their machines.

See more of Lucky Slots - Free Slot Machines on Facebook. Create New Account. Community See All. 6,474,442 people like this. 6,027,533 people follow this. Contact Lucky Slots - Free Slot Machines on Messenger. Lucky Slots Machines. Some suit your style of play better and will end up paying out more than others in the long run. After all, since the whole game of slots machines is always based purely on luck, it stands to reason that you will find one or two that appear to be more lucky for you. It does not just have to be a case of superstition. Illustration about Lucky slot machine icon. Cartoon of lucky slot machine vector icon for web design isolated on white background. Illustration of party, chance, design - 143824230. Lucky in slot machine style.

A month ago I was contacted by a newspaper reporter from Colorado who requested an interview with me. He said he was writing a story about the casinos lowering the payback on the slot machinesthat were making it harder for the players to win. He wanted my opinion on the subject and he was surprised by my answer.

Why Players Win Fewer Jackpots

I told him I do believe that some casinos may be ordering new machines with lower payout percentages but I did not believe that this was the main reason why players may not be winning as muchas they used to. I gave him the following reasons for my answer.

Over the years there have been many myths associated with casino gambling. One of the most common ones is the belief that a casino can raise and lower a machine's payback with the flip of aswitch. This is not true because the slot machines have a computer chip in them that determines the pay back percentage. These are set at the factory.

In order for a casino to change the pay back, they would have to change the chip. In most jurisdictions, there is paperwork that has to be filled and submitted to the Casino Control Commissionfor each machine if the chip is changed. It is time-consuming and the chips are very expensive. For this reason, the cost of changing the chip in numerous machines on the casino floor does notmake economical sense.

Many of the gambling jurisdictions around the country require the casinos to report the overall payout percentages on a monthly basis. (California is not one of the States) These figures are amatter of public record and are published in some newspapers and gaming publications. I looked back on these figures over the last year and saw that there was very little change in most casinosaround the country. In some instances, there were even some of the payback percentages had increased.

A reason why some players feel that they may not be winning as often is the fact that many players are making fewer trips to the casino so they are not playing as many sessions. So because theyare playing fewer sessions they will see fewer big jackpots and fewer winning sessions overall. It is all proportional.

Some players may have decided to play lower denomination machines. Many of the nickel and penny slot machines have a higher hit frequency, which means you will have many smaller wins but not asmany big jackpots.

How To Help Your Payback Percentages

If you still honestly believe that your casino is lowering the return rate on the slot machines you have several courses of action. The easiest thing to do is to play the older machines. It isdoubtful that a casino would go through the expense of putting a new chip in an older machine to lower the return rate. You can try a new casino. You may find that your luck is better at adifferent casino and a change is your routine will let you enjoy some new experiences.

You can switch to video poker. It is the only machine game that will let you know the payback of the machine by readingthe pay table. However, if you do decide to try video poker, make sure you learn the strategy or get a strategy card to bring along with you when you play.

Switch to the table games. Playing table games is exciting and they offer a lower house edge than the slot machines. Many casinos give free table game lessons so you can learn the basics beforeyou sit down.

How Does A Penny Slot Machine Payouts

Let me close by saying again that I do believe that there will be some machines on the casino floors with lower returns, however, I do not believe that is as widespread as the rumors would haveyou believe. The casinos are in competition with each other for your business so they do not want to alienate the players by offering games where nobody can win.

How Does A Penny Slot Machine Payout Percentages

As a customer/player you always have the option of taking your business elsewhere. The ultimate decision of where to play is entirely up to you.
Until next time remember, luck comes and goes...knowledge stays forever.