Tag Archives: variance

Slot Machine Payouts

May 3, 2019   Game skill   No comments

If you don’t care what slot machine you play, picking one is easy. If you’re an avid slot machine player, and you want to win the highest amount of money, then you might want to know the slot machine payout to which you are playing. Knowing the pay out percentages is one of the best tips a slot machine player could take heed.

Slot machine payouts vary from machine to machine because of the difference in the pay out schedules so follow a few of these basic rules and you will find the best slot machine payout. You have a choice on how you will find out the slot machine payout, the first option is to ask the casino attendant, or if you are playing online then ask customer service. Most of the time however, you can find this information on the help menu of the slot machine.

By studying the pay table once you have found it, you can determine the variance. A high variance slot machine is usually anything over 10k coins for the highest winning combinations. There is also a medium variance that offers lower variables on a winning combination. High variance games tend to give fewer wins, but once you do win, the win is of substantial amount. Low variance usually gives many small winning combinations but the payout is less than medium or high variance. Always remember, the lower the risk, the lower the slot machine payout.

Payout Percentages Explained What is a payout percentage? This is defined as any amount returned to the slot player in the form of winning cash. This is the difference between total bets and the house edge. Payout percentages may look confusing but actually they are quite easy to understand. If your slot machine states that the payout percentage is 85%, it is safe to say that your slot machine will return 85 cents of winnings to you and will keep the rest of the dollar for revenue. This percentage is actually based on mathematical standings. There is no guarantee that if you spend $100 you will get back 85% of this money. The payout percentage is calculated on a overall of every player, not one player at a time. This means, thousands of spins may result before the percentage is actually paid out.

Slot Machine Payout Schedules A payout schedule is actually a table that explains how the slot machine will pay each winning combination. We all want to win the biggest jackpot, but some slot machines will have huge jackpots but small individual payouts with lower winning combinations. Many times the higher the jackpot, the lower the wins in between.

While most of us will play our whole life and never win the jackpot, we should always play on the slot machines with the best payouts on the lower combinations. Winning a few smaller wins, is much better than never winning that jackpot or anything else for that matter.

There are many that never even look at the payout table or the payout percentage table. It is these people that go home with less money in their pocket than what they initially started with. Stop looking at the highest jackpot amount when searching for the best slot machine to play. Choose a slot machine that offers more winnings for less symbol combinations. You will find that you will be hitting a win a lot more often than if you are focused on the jackpot win.

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Diversify Your Craps Strategy

December 6, 2018   Personal game   No comments

Playing games of chance should not be left to amateurs. If you want to win big, you need to learn how to play the right way. Develop a craps strategy. It is best to employ a baccarat strategy that works with variance. Engaging in a game of chance needs skill and this can only be gained through experience both at winning and losing. In this game, you take risks. Lose then win. If you are not into losing, look for something else.

The house almost always wins over the players but still, people continue playing. It is possible that these people do not have the necessary craps strategy that tells them that they are engaging in a loser’s posse. There are some which become so confident of their craps strategy that they think they can simply turn the game in favor of them on a long-term basis. And then there are those who may lose but play for the excitement of it all. With the necessary craps strategy at hand, why play a game that you’ll know you’ll lose?

Primarily, whatever craps strategy you may brag about, it is still a game of chance. There is no sure craps strategy that will ensure hundred percent winnings at all times. It is a game of numbers and statistics. You can develop a craps strategy in a way that it can make numbers work for the player and not the house. A well-developed craps strategy will not win you big all the time but it can surely give you little glimpses of rewards at certain times. At least you would not be facing a zero chance winning streak with a good craps strategy.

Considering the term “variance” in your baccarat strategy will help you further. Basically, variance is simply the measure of how spread out data is. In variance, any craps strategy accommodates negative expectation. Negative expectation is when a player accumulates fewer earnings paid by the house considering that the house is in a losing position. When things go your way, and this happens for only a short period of time, you may experience winnings due to fluctuations on the house’s game. A good craps strategy is one that teaches a player to go and take such a risk for the time being. This fluctuation or short-term variance removes the long-term negative expectation for a temporary period only. There are still instances when a good baccarat strategy can place you in the winner’s seat.

Basically, in order for a player to develop his tactics or his craps strategy if you will, regular exposure to the game is a must. This does not mean to encourage you to leave your day job but merely to squeeze in some regular playing time for craps. Hit the tables every so often and learn how the game can be played to your advantage. Consistent playing will put you in a position where you can experience these fluctuations which can put you in the winner’s circle.

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