Can You Make Money On Slot Machines
Play responsibly. The number one rule for making money on slot machines is to be wise about how much you play. While the right strategies can give you an advantage over the average gambler, it is highly unlikely that you will be able to maintain any kind of steady income from playing slot machines. Slot machines remain the most important money-making part of casinos in the United States. In many states, casinos make between 65 and 80 percent of their gambling income from slots. If your goal is to spend as long as possible at the casino, you’ll want to concentrate on lower-cost machines like penny slots, even if your chances of winning big are lower. And if you want to make the most money possible, you’ll want to forgo huge jackpots, fancy slots, and low-cost machines. At first glance it seems online slot machines are a 100% game of chance. And they really are, at least in the terms of a single game round. However, that doesn’t mean that you can’t influence your chances by using the right betting strategy and choosing the right game to play.
A very common question that I get from people who are interested in advantage playing slots is how much money can I make? I’ll be straight up with you. It’s impossible to give a direct answer to that question. I know slot hustlers who barely make enough to pay their rent. I also know hustlers who regularly make more than $500000 a year. There are a variety of factors that will determine how much you can make. Here are the biggest ones that I can think of.
Machines
This one is pretty obvious. If there are few, if any advantage machines in a casino like Ocean Magic, Golden Egypt, Scarab or others, you won’t make much money. Some casinos are absolutely loaded with these types of slots you’ll feel like a kid in a candy store.
Competition
What you are capable of earning may be affected by how many other people are trying to do the same thing you are. Some of us get lucky & have a casino with little, if any competition. Whereas a place like Las Vegas with their many casinos & advantage machines obviously has a ton of slot hustlers which may make things difficult.
Bankroll
What are you working with? When I started doing this I had next to nothing. This put me in a significant disadvantage against the other advantage players because I was limited in what I could go after. Most must-hit by progressives were out of the question in the beginning because I couldn’t risk a big loss or busting out without hitting it. But don’t fret if your starting bankroll is low. Just be cognizant of it & hopefully someday you’ll be able to play for the big bucks.
Time
How much time are you willing to put into this? Some people view advantage playing slots simply as a hobby or a part-time job. They go to the casinos a few times a week & never spend more than a few hours each session. These types in my experience are usually the most easy-going hustlers because their entire existence doesn’t depend on casinos. On the flipside there are the hardcore hustlers who make this their entire life. No exaggeration, their entire life. These people are in a casino almost all day, everyday.
Discipline
What is your goal? Hopefully it’s to make a substantial profit over the long-term. But what do you do when there are no advantage machines in a playable state? Do you remain patient or do you break & start playing non-advantage games? What happens when you lose or take a bad beat? Do you brush it off & move on to the next play or start gambling on random machines in an effort to get back those losses?
How disciplined you are will go a long way in determining how successful you are at slot hustling. Just about all slot hustlers are pretty good at making money. But many of them do a poor job of holding onto it. After all most slot hustlers started off as your average, run of the mill gambler before figuring this stuff out & many often fall into some form of gambling trap. They may love to bet on sports, play at the tables or maybe have a favorite machine but I personally know too many hustlers who should be living comfortably but are grinding everyday because they keep blowing their winnings. Don’t be like them.
With that said it is my hope that new advantage players will gain insight & develop a realistic expectation to how much can be made given their situation. This lifestyle isn’t for everyone but for some it could be everything they could ever dream of in a casino & more.
There is a new factor to consider in Las Vegas: The gambling revenue is less and less important to Hotel/Casinos, they now make more money on Shows, food and rooms. The slots are getting more and more tight as the other revenues increase.
Westgate Las Vegas slot Machine pays big, more than 10.7 million. We’re thrilled that she won on our property,” said David Siegel, CEO of Westgate Resorts.Vintage Slot Machine pays off at MGM Walter and Linda Misco of Chester, N.H., were playing the one-armed bandit about 11 p.m. Friday, August 22, 2014 when three long-awaited green emblems lined up horizontally on the jackpot center pay line.
A Texas woman hit a $2,832,044.74 jackpot December 28, 2012 while playing a Bombs Away Bombshells slot machine at Caesars Palace. Monica B. was playing a Money Madness MegaJackpots progressive machine. | 500 dollar slots at MGM Grand |
On October 26, 2013, Mellissa, from Dallas, Texas won 1.036 million playing Wheel of Fortune Double Diamond Slot Machine.
In July of 2013, Seifu hit a 3.1 million jackpot playing the Wheel of Fortune at the Palms.
In July of 2013 a player hit a 17.3 million jackpot playing the megabucks slot machine at MResort in Henderson (Just minutes from the far south end of the Las Vegas Strip)
Trinidad was paid 10.7 million by Westgate Casino in March 2015
Rampart Casino paid out big in the fall of 2014, where a local man who was visiting the casino with a friend from out of town hit a $14,282,544 jackpot
Largest Slots Payout in Las Vegas History
March 21, 2003: A 25-year-old software engineer from Los Angeles won $39.7 million after putting in $100 in the Megabucks slot machine at the Excalibur to win the largest jackpot in Las Vegas history. He beat odds at the time of one in 16.7 million. Total: $39,710,826.36
Keep in mind that playing mega bucks and progressive machines might snag a huge jackpot, the odds are absolutely terrible that You will. And while playing those machines the routine 100 dollar jackpots will payout far less than a single machine.
Can You win at Slots? You have almost 200,000 chances in Las Vegas. At last count Las Vegas was just a couple thousand short of 200,000 slot machines. You only need one, if its a lucky one.
You cannot win millions on a slot machine that isn't part of a Progressive pool of machines, meaning many machines are adding to the total every second, sometimes many in that casino and sometimes many from a group of casinos. But This isn't about winning a progressive multi million dollar payout. Its about wining at slots, hundreds or thousands of dollars at a time.
Play slots at Paris Las Vegas and feel like You are playing outside. | Can You Win at Slots? One of the most asked questions in Vegas is Can You Win at Slots? You can ask any slot director at any Casino and They all will tell You that You can and Their Casino is the best place to do so. I think it is best to give You the facts behind the Slot Industry instead of the lies. Slot machines typically pay out 88 to 98 percent. But there are some that are set to return way less for many reasons. |
Real Money Slot Machines Online
A childhood friend of mine is in His third location on the strip as the slot director. He has managed the Slots differently at each Casino and when He talks with others around Him They too have different strategies.
A general rule to follow is this:A Casino that has You Trapped has no reason to have loose slots. That would be maybe a luxury Resort that doesn't have a another Casino in walking distance, a place where maybe You never leave that resort. So maybe They have a few loose machines just to get some people excited and keep you interested but overall, They will keep a higher percentage of Your money than one with competition in walking distance.
If You ask around Las Vegas to the Slot directors and customers a place that is always mentioned as having loose slots is Sunset Station in Henderson.
Typically the Downtown Casinos are going to be more loose than the Luxury Casinos at Center Strip.
Some of the tricks used by Slot directors is to put the best paying slots on the end of a row near a major entrance. Hoping that They will get emotional players on those machines and as They win it will attract players to that same area, maybe in the middle of that row where He has His poorly paying Slot Machines. Unfortunately, its not that easy. Another Slot director has the thinking that no matter what He will get players on the outside of a row. Just like on an airplane no one wants to be stuck in the middle where people will crowd them on each side so no matter what that outside machine is most popular, so His thinking is put the loose machines in the middle and the poorly paying machines on the ends where People will play no matter what.
Another thing to remember is this:Lets say there is a Huge boxing match on Saturday night at the MGM. The Casino is so crowded You have to stand behind People and wait for Them to leave to get a machine so guess what? They have no reason to have high paying slot machines so all the strategies are out the window.
Remember this about the payouts in Slots:The chip on the computer board inside the slot machine controls the percentage that this machine will payout. In order for a Casino to change a slot machine's percentage of payout They have to physically move that machine to another location or They take out that computer board and exchange it with another so those two machines are 'swapped out'. No machine is controlled by a computer in a slot director's office, The Gaming Commission will not allow that.
Can You Make Money On Slot Machines Machine
Things to think about but never are set in stone are:Luxury Casinos will not payout as well as non Luxury Casinos. So Downtown is a better option to the Strip for the most part. But there are Casinos on the strip that will give you loose slots.
How Much Can You Make On Slot Machines
This group of Casinos is either super Luxury or super Trendy, either way They care nothing about Slots and really don't care if Slot players visit.
Aria_Resort_Casino , Bellagio, Caesars_Palace, Encore, Mandalay_Bay, MGM, Mirage, Palazzo, Paris, Planet_Hollywood, The Cosmopolitan, Treasure_Island, Venetian, Wynn
These Blue Collar Casinos are more likely to have loose slots and They really want slot players.
Bally's, Casino_Royale, Circus_Circus, Excalibur, Flamingo, Harrah's, Hooter's, Westgate, Luxor, Monte_Carlo, New_York_New_York, O'Sheas, Slots_a_Fun, Stratosphere, Tropicana
Remember, the more You play at one machine the more it matters if Your payout is 50 or 98 percent. A machine that is set for 70 percent can payout two times in a row and not pay again for the rest of the day. So in the end its still all about luck. But if You like to play for hours and hours its best that You at least make Your odds to win a little more in Your favor. The longer You play one machine the more likely You will get that machine's intended payout percentage.
The worst paying slots machines in the world are at the Airport. Slot players know that but they have to get a few more spins in before boarding their flight. I have even seen People on arriving flights play 10 minutes on the airport slots knowing their bags will not be immediately ready. That's addiction. But on the flip side of that stupidity, even airport slot machines have to payout occasionally but the odds are very much in favor of the airport NOT YOU!
UPDATE: A Person won 933,080 at the Las Vegas Airport playing Wheel of Fortune, March 2016. So is it stupid to play at the Airport? It's never stupid if You win, right?
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The best thing about playing slots vs table games or sports betting
Casinos give perks like free food, drinks or even rooms to slot players at a much faster rate than they do for gamblers that prefer table games like blackjack, craps or roulette. And Sports betting is the lowest return for perks of all gambling. If You checkout one of the special rooms that are only available to top ranked players You will probably see that it is full of slot players. So like all gambling, never, ever play without using your players card.
Above, players are getting some last minute slot play in before boarding their flights at the Las Vegas Airport.
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