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Casino Slot Machine Tips

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By Eric Scott
eHow Contributing Writer
(1 Ratings)

Slot machines are a game of chance: there are no secrets to picking a hot slot machine. Each spin, over the long term, has the same chance of winning. Sure, some slot machines have slightly higher payouts and others have winning streaks, but the odds of choosing a winning slot machine are small. So, how do you improve your chances of winning at slots? The simple answer is money management.

    Limit Your Losses

  1. Before you start gambling for the day, decide the maximum you will lose on any given machine. A good rule of thumb is to limit your losses on any machine to 10 percent of your gambling budget. So, if you have $500 to gamble, the maximum you should lose in one sitting at a slot machine is $50.

    Limiting your losses at a machine will stop you from frantically trying to win back what you lost on the machine. In other words, it stops you from chasing your losses. When you reach your limit on a machine, get up, walk around and by the time you find another machine your head will be cleared and you will be in the right state of mind to continue gambling.
  2. Set a Target

  3. Set an amount you will strive to win on each machine. Use a realistic amount such as $100. When you reach your target win amount leave the machine. It may sound counterintuitive to leave a winning machine. But doing so will help keep you from gambling away your winnings. Print out your voucher and go find another slot machine to play. If you hit a jackpot on a machine greater than your target win amount, print out your voucher right away and move on.
  4. Only Use Cash

  5. It is vital to only use cash in a slot machine. If you just left a winning slot machine and you have a voucher for $150, do not put that voucher in the next machine. Instead, only use the amount that you earlier determined as your maximum loss. This tactic will keep you honest to your strategy and it will help you avoid losing all of the winnings from a prior machine.
  6. Request a Check

  7. If you are lucky enough to win a substantial jackpot, request that you receive your winnings by check. Most casinos will issue you a check for any jackpot over $1,200. If you want to preserve your winnings it is much easier to do so when you receive a check; if you have new cash burning a hole in your pocket, you may be tempted to gamble it away.

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on 11/25/2009 Useless article, there are tons of better articles out there

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