Progressive Slot Machines Tips
Tips for playing progressive slots 1. Always play max coins The logic here is simple, most slot machines, whether they are fixed jackpot slots or progressive jackpot slots will require that you bet max if you are to pick up the best prizes. Progressive Slot Machines Tips – Play and win real money in online casinos; Progressive Slot Machines Tips – Play and win real money in online casinos. Posted by In Uncategorized. Can you make a living through online gambling?
If you want to play progressive slots, this post will explain how. In fact, it probably won’t be the longest post in the world, because playing progressive slots is no harder than playing any other kind of slot machine. You put your money in, you press the spin button, and you hope for the best.
But what I’ve tried to do with this post is give you enough information about how progressive slot machines work that you can be an educated player.
And you can check our complete progressive jackpots guide to find out even more.
Not all these tips will apply to you, but I suspect most of them will, no matter your level of expertise.
Let’s go ahead!
What Is a Progressive Slot Machine and How Does It Work?
Most people know what a slot machine is, but if you’re completely new to the subject, here’s a quick description of slots games in general.
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A slot machine game is a gambling machine with spinning reels. Each reel has symbols on it, and the point at which each reel stops is determined randomly. Specific combinations of symbols across a payline result in payouts.
The simplest version of a slot machine has three reels and a single payline horizontally across the middle of the machine.
Modern slot machines are often more complicated than this. They might have five reels, and the paylines come in a bewildering array of patterns. You have to place a separate bet on each payline, too.
The easiest way to describe paylines is to compare them with variations of bingo. They always run from left to right, but they sometimes come in a zig-zag pattern. You also have symbols that land on the rows above and below the center payline.
Originally, slot machines were powered by metal reels, springs, and gears. Now, the reels are just for show. A computer program called a random number generator (RNG) determines the results, and the probabilities are programmed into the RNG.
This enables the slot machine manufacturers to make bigger machines with more possible symbols and different probabilities for each symbol. This process is called “weighting.”
On an old-school, mechanical slot machine with 10 symbols on each reel, you had a 1/10 probability for any given symbol to show up.
But with weighting in place, some symbols might be programmed to come up more often and others programmed to come up less often. You might have some symbols which come up as often as 1/5 of the time and others which only come up as seldom as 1/20 or 1/50 of the time.
And, of course, the probability of getting multiple winning symbols to line up is calculated by multiplying the probability of getting that symbol on each reel.
Understanding this part is important because it makes it clear how the casino is able to offer such large jackpots without losing money. For the casino to make money from slot machines, they need a statistical advantage. They get that advantage by paying out at odds lower than the odds of winning. The difference is their long-term profit.
To offer a 6-figure or 7-figure jackpot, they need to be able to get odds that are 6 figures or 7 figures to 1. You can only do that if you weight the symbols so that they come up less often than they would on a mechanical reel.
I’ll have more to say about probability and odds in a bit.
A progressive slot machine, though, is a game where the jackpot gets bigger over time — as it gets played. A small percentage of each bet goes into the jackpot.
You’ll find three different kinds of progressive slot machines.
- The first is a standalone progressive. This is a game where the jackpot is exclusive to that game. Every bet fuels the jackpot just for that machine. The ticker doesn’t move unless someone is playing on that machine.
- The second is a local area network progressive. This is a game where multiple slot machines in the same casino share the same jackpot. If anyone is playing any of the machines in that network of games, the jackpot is growing for all those machines.
- The third is the wide area progressive jackpot. This is a game that’s networked with multiple slot machines in multiple locations. These jackpots grow huge because so many people are playing them.
Once someone wins one of these progressive jackpots, it resets to whatever its starting value was, and it starts growing again.
Where Do You Find Progressive Slot Machines?
You can find progressive slot machines at almost every casino in the world, although slot machines are more popular in the United States than in Europe. You can also find progressive slot machines at online casinos. The games available online vary based on what kind of software the casino is using.
You can find these games by looking for the games with a progressive jackpot ticker at the top of the machine. This is a digital display of the size of the jackpot. With wide area progressives, this number changes (grows) almost constantly, which adds to the excitement for prospective players.
If you’re having trouble finding a progressive slot machine in a particular land-based casino, just ask one of the employees there for help finding them. They’ll know where they are. Don’t forget to give the staff member who helped you at least a $1 tip for helping you.
You’ll get better service in general if you become known as a generous tipper. And casino employees talk.
Odds, Probability, the House Edge, and Payback Percentages
The method most gamblers and casinos use to measure the odds in a slot machine game is the payback percentage. This is the statistical average of payouts on that machine expressed as a percentage of each bet that should be paid back to the player in the long run.
Since the payback percentage is almost always less than 100%, it’s clear to see how the casino makes its profit.
The lower the payback percentage is, the faster you’ll lose your money when playing the machine. The payback percentage is just a function of how much you’ll win for each combination multiplied by the probability of hitting that combination.
The machines aren’t programmed to run in cycles or to start losing after a certain point to guarantee a certain payback percentage. The payback percentage is strictly a function of the probabilities and payouts.
You might have a slot machine that pays out some kind of prize 45% of the time. The size of those prizes multiplied by the size of those prizes is what determines the payback percentage.
One way to think about it is as if you were playing a simple gambling game where you’re flipping a coin and guessing which side it will land on.
If you win, you get 50 cents. If you lose, you lose 55 cents.
Half the time, you’ll win, but the other half of the time, you’ll lose a larger amount. Over time, you’ll lose all your money.
That’s how the math and probability behind all casino games works.
Most slot machines have a payback percentage of between 75% and 95%. Lots of factors determine the payback percentage for a specific machine. At more competitive casinos, you’ll generally see a higher payback percentage. At airports and bars, you’ll see payback percentages on the lower end of that scale. At casinos on the Strip in Las Vegas, you’ll see payback percentages at the higher end of that spectrum.
At casinos in less competitive locales, like Oklahoma, the payback percentages are generally lower.
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Also, the denomination of the slot machine is a factor. Casinos make more money from a player betting $3 per spin than they do from someone betting 75 cents per spin, even if the payback percentage is better on the $3 per spin player.
Look at the math.
- 600 spins per hour at $3 per spin is $1,800. With a payback percentage of 95%, the game pays back an average of $1,710. The player loses $90 in an hour, on average.
- 600 spins per hour at 75 cents per spin is $450 per hour. With a payback percentage of 90%, the game pays back an average of $405. The player loses $45 per hour.
Even though the house edge is twice as high on the lower-stakes game, the casino makes less money per hour on average.
You’ll also want to keep two things in mind about the odds and probability as they relate to progressive slot machines.
The first is that the tiny percentage of each bet that fuels the jackpot comes directly off your payback percentage. It has to.
So a game that would otherwise have a 95% payback percentage would only have a 94% payback percentage once you account for the contribution toward the jackpot.
The second is that the payback percentage assumes that you’ll sometimes win the progressive jackpot. But in reality, you probably won’t ever hit that jackpot. The bigger the progressive jackpot, the less likely you are to win it.
This means that a 94% payback percentage might only be 90% after you account for never hitting the progressive jackpot.
For this reason, the odds and the payback percentage for a progressive slot machine are always worse than it is for just a regular old slot machine game.
You should also take advantage of any kinds of comps and freebies the casino is willing to offer. Those only amount to between 0.1% and 0.5% of your action, but you should get as much action as you can for your money. This includes taking advantage of the free drinks at the casino.
Of course, none of that applies at online casinos. Keep in mind, too, with online casinos, that many of them limit their payouts to their players to a specific maximum dollar amount per week. Winning $100,000 is a lot less fun if it takes you 100 weeks to collect.
Playing Tips and Tricks
I don’t have many tips and tricks to offer a progressive slots player other than this.
Make sure you’re betting enough to be eligible for the progressive jackpot. Some games don’t require you to bet the max to qualify, but some do. It’s up to you to read the pay table to tell the difference.
If you’re not going to bet enough to win the progressive jackpot, find another machine to play.
Other than that, try to spin the reels more slowly. The more spins you pay for, the more money you’ll lose over time, on average. If you make 300 spins per hour instead of 600 spins per hour, you’ll probably lose half as much money on the slot machines over time.
Also, you should never play with money you need for something else. If you think you’re going to get lucky and solve all your problems with a progressive slot machine jackpot, you’re delusional.
An Easier Way to Win a Life-Changing Jackpot
Michael Bluejay wrote a great page about how you’re far more likely to win a million dollars by parlaying your winners on a table game.
In other words, you might bet $10 on a single number at roulette, and you’d win $350. Then bet the entire $360 on a single number again. This time, you’ll win $12,600.
Bet the entire $12,960 on a single number again, and you’ve won $453,000+.
The odds of winning these three bets in a row?
Those sound like terrible odds, and they are.
But they’re still far better than the odds of winning that progressive slot machine’s jackpot.
Conclusion
That’s it, really. Playing progressive slots, like I mentioned at the beginning, just isn’t hard to do. You put your money in and hope to win enough money to retire for the rest of your life.
I don’t generally play progressive slot machines, myself. I don’t like the odds.
But I’ll play some of the time just for grins, and I think that’s the best approach. People win progressive slot machine jackpots every day, and you have just as good a chance of winning as anyone else.
The only strategy you really need to remember is to make sure you’re betting enough to win the progressive jackpot. Some games don’t allow you to win the big jackpot unless you’ve bet the max number of coins.
Other than that, these are games of luck. Treat them as such.
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Progressive slot machines were introduced to the gaming market in 1986 by American slot machine manufacturer, International Gaming Technology (IGT). Until then, a slot machine payout would be limited to the amount set by the casino.
The progressive angle allowed the total available jackpot to increase with every bet contributed by a player, minus the amount taken by the casino to preserve the house edge.
But because the original progressive slots were still limited to one machine at a time, payouts remained modest compared to what they would become.
What revolutionized progressive slot play and the gaming industry as a whole was the networking of progressive machines. There are two types of progressive networks – local and wide-area.
Progressive Slot Machines Tips For Beginners
Local area progressives provide larger potential jackpots than the original stand-alone machine because the contributions of all machines on the network add to the payout potential of one machine. However, because the local-area network may only contain up to a hundred machines, payouts usually do not exceed $100 000.
Big slot play these days requires wide-area progressive networks. As you have guessed, wide-area progressive machines are linked to a much greater number of machines, which include machines from other casinos across the state and sometimes across the country. For gamblers playing in states with a rich gaming culture, like Nevada or Pennsylvania, this means high jackpot potential, indeed!
To date, the largest progressive jackpot payout (and therefore the largest payout in slots history) took place at the Las Vegas Excalibur, on March 21, 2003. The largest in Las Vegas history, a software engineer spent $100 on IGT's Megabucks and won a total of $39 710 896.36, beating odds of 16.7 million against.
The following is a list of 7 of the best progressive slot machines in the world today.
What Are Progressive Slots
1. Megabucks
First on the list is IGT Interactive's Megabucks. The first wide-area progressive machine to become available, Megabucks is still in very wide use. The Megabucks is a dollar slot game, with $3 bets required to qualify for the maximum jackpot. The jackpot base amount is $10 million, and once the progressive payout is made the machine is reset to the base.
The Megabucks has been the machine on record for some of the largest payouts in slot gaming history, including the aforementioned, number one ranked $39 million. As of this date, the latest Megabucks jackpot was hit on March 22, 2016 at the Gold Dust West Casino in Elko, Nevada, paying over $12.5 million. Between 1994 through 2009, Megabucks paid out a total of $1,239,830,000 in winnings, an annual average of $77 489 375. Winners have a choice between taking the entire payout in one sum or having it distributed over a 25-year period in annual installments.
Be aware that Megabucks gaming is available solely in Nevada. However, visitors to Nevada will have no problem finding a Megabucks machine to try their luck on. There are many dozens of casinos in and around the Las Vegas and Reno areas that employ Megabucks machines. According to a2zlasvegas website, Megabucks jackpot hits have been averaging 1 a year for the past few years, with the most number of jackpots topping 3 per year. However, with winnings consistently worth well over $10 million, Megabucks continues to attract the crowds.
2. Wheel of Fortune Slots
Fans of the famous game show will feel at home with the Wheel of Fortune. Atop the machine is the iconic 'Wheel' which is spun with every press of the button, accompanied with the game show theme music.
Produced by IGT, Wheel of Fortune games come with options of 25c, $1 and $5 betting levels. Wheel of Fortune Quarter requires 3 coins, or 75c bets, to qualify for jackpot hits. After a hit, the jackpot level is reset to $200 000. Of the Wheel of Fortune variations, the 25c version pays out smallest but more often, averaging the past several years at least one jackpot payout per month. A few of which paying over $1 million.
The Wheel of Fortune Dollar is a dollar slot that requires a $2 bet to qualify for the jackpot. Winners may also choose to receive payouts in 25 annual installments. The base is set at $1 million and the machine is reset to the base upon a jackpot hit. As of this date, the latest Wheel of Fortune $1 jackpot was hit on June 9, 2016 at the upscale Red Rock Casino and Spa in Las Vegas for $ 1,240,398.97.
Though these jackpots are considerably smaller than its Megabucks cousin, Wheel of Fortune Dollar does pay out more often. According to a2zlasvegas website, over the past two years there have been 17 jackpot payouts, all worth well over $1 million. Still enough jackpot to have made it worthwhile!
Wheel of Fortune Five Dollar is a $5 slot machine that requires two coins, or $10 bets, to qualify for the jackpot. After a jackpot hit the base is reset to $1 million. Winners have the option to receive payouts in annual installments.
Of the Wheel of Fortune slot franchise, and not unsurprisingly, the Five Dollar pays out least often, with jackpots ranging from one to no more than a handful per year, over the past 15 years. However, payouts are typically well over $1 million, while a few have exceeded $3 million.
3. Saturday Night Live Slots
Saturday Night Live by Bally Gaming is one of the Bally's more popular slots, due largely to the variations between versions of the game and the potential for high bonuses and networked progressive jackpots. Typically, the jackpot will start at $10 000 on individual machines and proceed. However, some machines are linked to local or wide-area networks increasing the payout potential considerably.
Examples on variations include The Church Lady, which offers a Canned Ham and Church Hat bonus play. Another version is Wayne's World that has a Guitar feature that provides up to 15 times the bet's value and an Offer feature that can multiply your bet's value by 1000. Thus, the potential for huge jackpot payouts.
4. Sex and the City Slots
IGT's Sex and the City slots have been a big hit in Vegas, perhaps partly due to the popular TV show from which it derives its name and brand. These slots have acquired a reputation for attracting single women, perhaps because of the show's audience and identity. It will help to be a big fan of the show to get most enjoyment from the play experience. Because of this, Sex and the City's manufacturer – IGT – went all out to create a very visually appealing machine with all the show's themes and icons a fan would expect.
Another reason may be the fact they are technically penny slots, and so a play can cost much less than the other progressive slot games mentioned in this list. Sex and the City slots are also 4 in 1 games, offering a lot of variation in play. However, for maximum play experience, it is required to play all four screens at once. Since each play per screen is 50c a maximum play is $2, which is getting up into maximum progressive wide-area slot play.
The game offers nine bonus rounds where a player may enhance winnings. Each round is represented by a particular character from the show with show-themed scenarios, like Mr. Big or shopping for shoes. Fans of the series won't want to miss this one.
5. Millionaire 777s
Millionaire 777s have the reputation for providing more frequent payouts, with a chance to win $1 million every 107 spins. The base jackpot is $1 million and is returned to that after a jackpot hit. The most recent jackpot hit occurred April 8, 2015 at the California Hotel and Casino, for $1,168,555.17.
6. Powerbucks
Powerbucks is a wide-area linked progressive slot game that links machines in Nevada with machines in South Dakota and New Jersey.
As of this date, the most recent Powerbucks jackpot was hit June 2, 2015, at Orleans Hotel and Casino, for just over $1.35 million.
7. Quartermania
Quartermania is a progressive slot game that is linked within a wide-area system to casinos in Nevada and New Jersey. It can be found within a few dozen casinos in and around Las Vegas. Quartermania is a game that allows for more frequent play due to lower required bets but can still provide a whopping payout. The highest payout is over $178 000 and the most recent was on April 4, 2016 at the Tropicana in Atlantic City.
Conclusion
Wide-area progressive slots have gained the reputation of providing life-changing payouts and are typically well over $1 million. For this reason, the area around linked progressive machines tends to be one of the busiest in a casino, electric with the lights and sounds of the bells and the anticipation of extravagant winnings. If you decide to play a progressive slot you will notice the winnings potential increase in large, brightly lit numbers on the front. This adds to the excitement of progressive slot machine play.
Of course, also adding to the excitement is the knowledge that you, as the player, are not only competing against the odds set by the random number generator that exists inside each machine, but also against other players. Since there can be many thousands of machines connected to a wide-area network, including systems that extend both through-out and across state lines, you could be playing simultaneously with many thousands of players – all going for the same jackpot. In odds terms, the mathematical probability of hitting the jackpot is roughly 1 in 49 836 032, calculated in 1999 by Jack Robison.
How To Win Progressive Slots
One thing however, to be aware of is the minimum required bet. Most progressive machines require a minimum bet for each play in order for the player to qualify for the maximum jackpot. For example, if the minimum bet is a $2 coin and you play a $1 coin, and win, your bet did not qualify you for the available progressive jackpot. The result is you may still have a nice payout – say, $5000 – even if the potential payout was in the millions.
As you can imagine this could be quite a shock if you thought you were playing for the maximum jackpot. Don't worry though. Each machine should clearly state what the minimum bet is in order to qualify for the progressive jackpot. If you cannot find the information on the front of the machine, check the machine's 'Help' menu. Failing that, ask an attendant to show you where the minimum bet is located in writing. I do not recommend asking a fellow player as they may also be misled.
Progressive slots over wide-area networks offer the responsible gambler yet another thrill in his or her casino gameplay. As ever, budget aside a reasonable and affordable bankroll, monitor the time spent and you can spend an enjoyable hour or so always one bet away from making gaming history and going home truly rich.