I play slot machine. I am getting to learn that little money that pays back is the money that I should cash out each time there is a winning even if it is only 5 dollars. If I start out with 500 dollars and if I win even a little money if nit a big jackpot, I think I should cash out and stop when I finish my beginning amount. Now, there is a temptation to put that little winnings trying to get a big amount.
2007-07-18 18:46:42 · 9 answers · asked by INVENTOR 2 in Games & Recreation ➔ Gambling
when will you learn that the amount of money and time spent playing slot machines don't really add up to "profitable" if you happen to win some money !!
out of 100 people going to casinos to gamble, only 1 will make some "profit"...the rest will make a fool of themselves...
wake up and stop wasting your money and time...
2007-07-18 18:57:23 · answer #1 · answered by jims_bong 5 · 0⤊ 0⤋
If I get a reasonable amount ahead on a slot machine, I always try to cash out when I break even. I don't think there's any reason to cash out when you're just a little bit ahead since you're there for fun, not trying to make a living.
You need to properly manage your time and money to fully enjoy a trip to the casino. Have a set amount you're willing to spend for the trip, and then budget it down to a certain amount per day, and even per hour. If you're having a particularly bad day, step away from the machines and find something else to do. If you're having a particularly good day, spend your profits on a nice dinner or show.
If you want to make money at machines, find high payout video poker and join the players club to get comped. If you find good machines and play correctly, you can profit in the long run when you factor in the comps, there are people who basically make a living doing this.
And don't listen to anyone who tells you you can't win at anything but poker. There are people making a living playing blackjack, craps and video poker as well as live poker, as we speak. Just because you don't know how to do it, doesn't mean it isn't happening ;)
2007-07-19 05:54:06 · answer #2 · answered by Vegas Matt 7 · 0⤊ 0⤋
The only thing that this technique does for you is to minimize your time at the machine. The longer you play a machine, the more the house edge will get you. So if you play for a short time, and walk away when you make a win, it will save you money because you are playing less.
The only real tricks to playing a slot machine is to play maximum credits. Also look for machines that have an advertised payout rate of 97% or better. Some casinos have areas where the machines inside have a guaranteed payout rate, that is generally higher than normal. Once you start getting to 98 or 99% you are getting better odds than most table games.
2007-07-19 01:08:33 · answer #3 · answered by ZCT 7 · 0⤊ 0⤋
> Is it profitable to collect winnings from slot machines?
Well it's sure as hell NOT profitable to leave your winnings in the machine. So, yes, when you win, collect your money.
I assume what you're really asking, however, is whether slots can be profitable for the player. No, not in the long run. Most slots pay out between 85% and 95% of what's put in.
2007-07-21 20:18:52 · answer #4 · answered by bigslick316 3 · 0⤊ 0⤋
Remember, slot machines are made to favor the establishment they are in, it is hard to win money on them. I play the slot machines regularly, and usually cash out when I am at my beginning amount or over. Years of experience, and losing money taught me this. Although, temptation is very hard when you are up money! Good Luck.
2007-07-19 01:29:41 · answer #5 · answered by zambukamum 2 · 0⤊ 0⤋
slot machines have negative expectation value.
it means that if you play the game enough time and no matter how lucky you are you ll end up losing and sometimes a lot of money.
these games are only entertaining and are in the favor of the casino .
my advice is if you want to make money and not lose you should stop playing slot machines, craps, blackjack and everything else except poker which is the only game that doesnt have a negative expectation and the only one where you re not playing directly against the casino.
2007-07-18 23:32:45 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Slot machines are pure luck...you might as well play the lotto and hope to win millions vs. 5 bucks
2007-07-18 19:43:37 · answer #7 · answered by Sonny E 4 · 0⤊ 0⤋
In the newer casinos that is getting harder to do. You used to be able to keep your initial ones in a bucket and put extra winnings in your pocket. Now when you go to take winnings out you get a barcoded slip of paper printed out that covers them all. That kind of kills that notion.
If your casino doesn't do that now they will very soon.
2007-07-19 07:09:54 · answer #8 · answered by Rich Z 7 · 0⤊ 0⤋
for every 100 coins , expect 87 back for a loss of 13 percent.
2016-04-01 01:17:30 · answer #9 · answered by ? 4 · 0⤊ 0⤋