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New slot machine players are going to find a lot of advice for beating the slots. Have a healthy skepticism when a slots expert tells you they know how to beat the slot machines. Among the games in a casino, video slots (in general) have a high house edge. Besides finding gaming machines with high jackpots and a low house edge, no skill or strategy is required to play slots. That means you can’t expect to increase your odds of winning in most situations.
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Read through the advice below to optimize your chances of winning at slots. None of the advice assures winning sessions. Instead, it helps you stretch your bankroll, so you enjoy playing the slots longer. Also, the longer your bankroll lasts, the more chances you’ll have of hitting the big jackpot every slots player wants.
Use a Slots Card
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Upon entering a live casino, sign up for a slots card. This provides comps and cashback, which automatically lowers the house edge by a bit. Never play a spin without using your slots card. In an online casino, accept the highest slots bonus and play according to the terms and conditions until you meet the wagering requirement. Once again, this lowers the house edge on online slots.
Make Max Bets
Look at the payout chart on a slot machine to determine how jackpots are paid. On many slot machines, the 5-coin bet pays out a higher percentage on the top fixed jackpot. For instance, a 1-coin bet might pay $200, a 2-coin bet might pay $400, a 3-coin bet might pay $600, and a 4-coin bet might pay $800. You might expect the 5-coin bet to pay $1000, but many slot machines pay out $1200 or $1500 in that case, trying to convince bettors to make the max bet.
If the jackpot increases a bigger percentage with a maximum coin wager, then it makes sense to make the max bet on a slot machine. If the bet size is too high for your tastes, then lower the coin denomination and make a max bet at that level. Of course, if there is no additional jump between the 4-coin and 5-coin bet, then you can wager a single coin and max out the coin denomination to the bet size you like.
Read the RTP Information
If an online casino or land-based casino publishes its return-to-player information, read through the RTP percentages to find the video slots with the best RTPs. Return-to-player or expected return is the percentage of a theoretical $100 you expect to see returned to you. It is a theoretical percentage based on probability, so an RTP of 95% does not assure you’ll be paid $95 for every $100 you put in the machine. You might lose $50 or you might win $150, or you might win a progressive jackpot and go home rich.
The point of the RTP percentage is to give a player an idea of their expected return. If two slot machines sit next to one another and one has an RTP of 93% and the other an RTP of 95% (and both have similar jackpots), then it pays to play the game with the higher percentage. Over time, this leads to you maintaining a higher percentage of your bankroll.
Money Management Techniques
Read about bankroll management techniques. “Money management” or “bankroll management” is a series of steps you take to lock on winnings when good luck happens and limit your losses when a bad streak occurs. These do not assure that you’ll win, but it optimizes your bankroll.
Players should know three core bankroll management methods: percentage betting, win goals, and loss limits. Learn to calculate your bankroll and divide this into percentages. Then bet between 1% and 5% of your bankroll on any given hand, depending on your capacity for risk. This limits the amount of your stake you lose on any given session, keeping you playing for longer throughout your vacation. It is a given that people go to the ATM machine or credit card when they lose their whole bankroll — which means you spend more than you intended. The point of percentage betting is to assure your bankroll last through your whole trip, so you never have to replenish.
What Is a Bankroll?
“Bankroll” is not defined as your entire bank account. It isn’t defined as your discretionary spending budget or the money you have earmarked for entertainment expenses. Instead, it is a part of your discretionary spending cash and entertainment budget which is set aside specifically for gambling. In this case, a bankroll is less than your entertainment budget.
Once you have your bankroll figured, divide this into easy to understand percentage. If you have a bankroll of $1000, then divide this into percentages. These are simple calculations, but you should have an understanding of 1%, 2%, 5%, 10%, and 20% of your bankroll. In the earlier example, 1% would be $10, while 2% would be $20. 5% would be $50, 10% would be $100, and 20% would be $200.
Now that you have these, decide whether to bet 1% to 5% of your bankroll. Most experts suggest betting no more than 1% to 2% in order to maintain your bankroll throughout your casino trip or online slots session.
Setting a Win Goal
Next, set your win goal. This is the amount of winnings you set as your goal for any given slots session. If you have a win goal of 10%, then your win goal would be $100 for any given slot machine sessions. As soon as you hit that goal, you walk away from the slot machine — no matter what. A win goal is a hard-and-fast rule, because it locks in winnings. One of the biggest mistakes players make is losing back their winnings, because they think they’re on a hot streak.
Setting a Loss Limit
Even more dangerous is trying to win back cash you just loss. To protect against this tendency, set a loss limit. Once again, make this your hard-and-fast rule. Typical loss limits can be 5%, 10%, 15%, or 20% — though 20% means you could lose the entire bankroll in 5 slots session. 10% to 15% is a good middle ground. Once you’ve lost that amount, walk away from the slot machine under all circumstances. The slots game is not “due” to pay out, so step away from the machine and clear your mind.
Win goals and loss limits guard against gambler’s fallacy. Gambler’s fallacy is the idea that the law of averages assures or weight the odds in your favor. Slots use random number generators and every spin is entirely separate from the previous spin. Losing the last spin does not make it more likely you’ll win the next spin. The odds stay the same, no matter how many wins or losses in a row you’ve had.
Avoid Progressive Betting
For that reason, avoid progressive betting systems like the Martingale system, D’Alembert system, Fibonacci system, and so on. Betting experts have used computer simulations to track the progressive betting methods against flat betting (same bet each spin). Flat betting beats all of the progressive betting schemes over 1 billion spins.
Progressive betting seems like it’s working, because it leads to a lot of small winning sessions. The problem is that it also has a handful of huge losing sessions which wipe out all the wins — and then some. You can’t beat the house edge with the Martingale system, however it might look to the naked eye. The Fibonacci numbers are incredible, but they are not a magical way to beat the casino.
The reason progressive bets are bad is they increase the size of your bets (in some systems exponentially). If you start with $5 or $10 bets, a streak of bad luck has you betting hundreds of dollars on one spin. That’s busts your bankroll and leads to a “risk of ruin” — meaning you’ll lose your whole bankroll if you hit a bad luck streak. No matter what you read online, flat bets are better.
Take Breaks for Rest and Refreshments
Play when you are at your best physically and mentally. Don’t play when you’re tired or sleepy. Don’t play when you’re hungry or thirsty. Take frequent rest and restroom breaks. If you get bored, take a break and walk the casino. Play another game to change up the betting pattern.
When you are rested and engaged, you won’t have distractions that might lead to bad decisions. The idea is to have fun, so if anything is causing you to lose focus on the entertainment aspect of the game, walk away and save your bankroll.
Don’t Go on Tilt
Tilt is a concept in poker where a player makes decisions based on emotional responses instead of solid strategy. It can cost a player a lot of money if they make bets based on anything but rational decisions. While going on tilt is not a concept in slot machine gambling, every game of chance has a personal component.
In short, don’t play when you’re agitated. Take stock of your inner thoughts. If your ego or anger is causing you to make irrational decisions, take a deep breath and calm down. If that doesn’t work, walk away and clear your head. It stinks to lose a series of bets, but what stinks more is to lose a series of bigger bets when you’re trying to make up for lost bankroll.
Slot machines are more fun when you understand what’s going on with the game. If you don’t know what the slot machine symbols mean, and if you don’t know what it takes to get a winning combination, you might as well just play rocks scissors and paper with some stranger.
The purpose of this post is to take a detailed look at some of the inner workings of slot machines, especially as it relates to the slot machine symbols most commonly in use.
The traditions behind why slot machines use bar and fruit symbols are decades old, and the history of slot machines is fascinating all by itself.
In this post, I explain what the different slot machine icons mean and why it matters to the average player.
1-What Does the Bar Symbol Mean on a Slot Machine?
Slot machines have been around since the 1890s. You’d find these early slot machine games in bars and taverns in cities like New York and San Francisco. When gambling became illegal, these businesses started giving away candy and chewing gum instead of money.
Imagine going into a bar today and putting money into a slot machine with the opportunity to win a free drink or a cigar.
That’s what gambling in a tavern was like in the 1890s.
What does the bar symbol mean?
Think about what it looks like.
It’s a rectangle, right?
My first guess would be that the bar symbol on a slot machine symbolized a candy bar, but that would be too big. After all, keep in mind that the idea was to have prizes that were small, like coins.
The bar symbols on slot machines represent sticks of chewing gum — specifically, BAR chewing gum. (It was a popular brand of the Bell-Fruit Gum Company at the time.) They were in color in those days, and different colors meant different flavors of gum.
Slot machine makers still use bar symbols out of tradition, even though I’ve never seen a slot machine game that offers gum as a prize.
2- What Do the Fruit Symbols Mean on a Slot Machine?
Just as the bar symbol meant you were going to win chewing gum, the various flavors of fruit-inspired candy were prizes you could win. Cherry symbols meant winning cherry-flavored candy.
Apples meant winning apple-flavored candy. Oranges and plums, well… They meant you won dragonfruit and huckleberry flavored candy.
Just kidding.
Obviously, the picture of the fruit in question represented the flavor of candy you won.
And, again, the reason these symbols are still in use have more to do with tradition than anything else. People are just used to seeing these symbols on these games.
3- How Many Different Symbols Are There on a Slot Machine?
An average slot machine game might have about 20 symbols on each reel. This does NOT imply that each symbol has a 1/20 probability of coming up on a spin, though.
Modern slot machines use a random number generator to determine their results. These are actually random — they’re not fixed or rigged in any way.
The casino makes its money because the prize schedule for a slot machine game pays prizes in such a way that the game is inherently profitable.
Think about it this way:
Suppose you played a casino game where you had a 1 in 600 probability of winning, but when you won, you only got a payout of 500 to 1.
Do you see how that would be profitable for the casino?
You’d lose $1 on 599 spins, but you’d win $500 on the one spin, for a net loss of $99.
Such a game would have a house edge of around 17%, on average.
The payouts on a slot machine game are more complicated than that, but it’s the same principle.
4- What Are the Odds of Winning on a Slot Machine?
Here’s the thing about slot machines:
You don’t know what the odds of winning are.
And, to an extent, the odds of winning are irrelevant. What you’re really concerned about is the payback percentage.
That’s a ratio that compares the odds of winning with the amount you win. Over time, it represents the long-term average of how much money the casino will win from you on each bet.
Most slot machines have a hit ratio of about 1 in 3 or 1 in 4.
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So it’s fair to see that on most slot machines, your odds of winning something are 3 to 1 or 2 to 1.
The problem is that the payouts aren’t commensurate with these odds of winning.
Also, slot machines pay off bets on an X for Y basis rather than an X to Y basis.
In blackjack, your payouts are in addition to what you risked. Bet $5 on a blackjack hand and win, and you get a 1 to 1 payout, or even money. You get your $5 bet back with $5 in winnings.
Gambling machines, though, pay back with odds on a 1 “for” 1 basis. Bet $5 on a spin of the slot machine reels, and you get $5 in winning in exchange for your $5 bet.
The machine acts like it’s a win, but the reality is that it’s a push.
This is also one of the reasons slot machines measure their odds using payback percentage rather than house edge.
When a slot machine game has a 90% payback percentage, it means that on average you get back 90% of each bet. Place a $5 bet, and you’ll get an average of $4.50 back over time — which means you’ll lose 50 cents per bet on average.
And that’s just the average including any jackpots you win. If you play in the short-term and don’t see a jackpot, you’ll usually see a lower payback percentage until you get some winnings and catch up.
5- Which Slot Machine Has the Best Payout?
How do you know which slot machine has the best payout?
The short answer to this question is easy enough:
You don’t.
You have NO WAY of knowing which machine has better payouts than the other machines. In fact, you can play an identical slot machine next to the one you started on and be facing a different payback percentage.
The casinos have no rhyme or reason in terms of where they place the higher and lower payout machines.
In the long run, it doesn’t even really matter. If you play a negative expectation game long enough — and slots are ALWAYS a negative expectation game — you’ll eventually lose all your money.
Stop worrying about which slot machine has the best payout.
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Worry instead about how much fun you’re having — or not. If you don’t enjoy a specific game, move on to another game.
6- Why Are They Called “Slot” Machines?
They’re called slot machines because you put your money into a slot to play.
When they were first invented, slot machines only worked on a literal coin-in and coin-out basis.
Now, of course, most slot machines work by accepting bills and spitting out a piece of paper with the amount you’re owed on it.
But we haven’t changed the name of the games.
Also, it’s not called a slot machine in other countries, always. In the United Kingdom, they’re called fruit machines. In Australia, they’re called “pokies,” which is short for poker machines.
That last nomenclature comes from their original nature — the first slot machines, which predated the machines that gave away candy — used playing cards to produce random results instead of symbols on metal reels.
7- Who Invented the Slot Machine?
According to the Encyclopedia Brittanica, as well as many other legitimate sources, Charles Fey invented the first slot machines.
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He born in Bavaria but was making his living as a mechanic in San Francisco when he invented slot machines in 1894. It didn’t take long for him to be doing so well that he started a factor to produce more slot machines.
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The first 3-reel slot machine with machine-generated payouts in real money was invented in 1898, also by Charles Fey. The Liberty Bell, which most modern slot players would recognize as a real slot machine, came along in 1899 — another Fey invention.
There are only 4 Liberty Bell machines still extant.
Also, it didn’t take long for other companies, like the Mills Novelty Company, to steal Fey’s invention and start making money from their own versions of it.
Finally
Those are the most accurate and concise answers to some of the most common questions about slot machines and their symbols on the internet.
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What other questions do you have besides what do the symbols mean?
Leave me a note in the comments, and I’ll respond with an answer if I can.