Craps Odds Slot Machine
Many people will be visiting a casino this summer, whether on a trip to Vegas, on a cruise ship, or just at a local casino during a 'staycation.'
But before you go, you may want to know which games give you the best chance of winning.
So we went behind the scene at two casinos, and spoke with the game managers, to find out which games give you an edge.
Table Games Your Best Bet
Originally, casinos installed slot machines as a diversion for casual gamers. Unlike traditional table games (such as blackjack or craps), slot machines don't require any gambling knowledge, and anyone can get in the game with a very small bet. This idea proved to be a monstrous success - slot machines.
Jay Bean, a Caesar's floor manager, agreed to sit down with us and talk about the games with the best odds.
He said many people don't realize that table games have much better odds than slots. They are intimidated by thoughts of card sharks taking their money, with images of an intense Texas Hold 'Em tournament in their minds, and so they stick with the safe games: the slots.
But they are doing themselves a disservice, he said.
Bean's advice? After you've spent some time on the slot machines, move on to the Blackjack table, and start by just observing.
1. Blackjack
Blackjack has the best odds of winning, with a house edge of just 1 percent in most casinos, Bean said.
Plus, you are playing against only the dealer, not hooded poker champions.
'Blackjack is one of our easiest games to play,' Bean said. 'You're just looking for a number that beats the dealer's number without going over 21.'
If you're a novice, Bean said to sit down during a less busy time, such as the afternoon, and the dealer will walk you through the game.
But the same is not true with poker: You should practice the game with your friends first, at home, Bean said, until you are comfortable with it. Bean said novices are best off passing on the poker tables, where yes, the competition can be tough.
You can find out more information about the game of blackjack at the following link:
http://wizardofodds.com/games/blackjack/
2. Craps
So from the Blackjack table, he suggests moving on to the dice game Craps, the game with the second best odds, also nearly 50-50.
The Craps table can be a bit intimidating for the beginner with all the boxes on the table, Bean admitted. But it's really not tough, and it has one of your best chances of winning. In the end, all you are really doing is betting on a dice roll.
For more information on craps, visit:
http://wizardofodds.com/games/craps/
3. Roulette
Bean said your next stop should be the Roulette wheel. It's simple, and pays fairly well.
'So you bet on your favorite numbers,' Bean said. 'The dealer spins, and if your number comes in you win.'
If you stick to betting on just Reds or Blacks, you have nearly a 50-50 chance of walking away a winner. If it lands on red when you choose red, you will double your bet, Bean explained.
While it may seem you have an even chance of winning by simply choosing a color, there is one catch that gives the house its edge: the extra green 0 and 00 position on the wheel. It's on all American roulette wheels.
Or, if you feel lucky, play just one number. It's hard to win, but if you do it pays out 36 to 1.
For more information on roulette, visit:
http://wizardofodds.com/games/roulette/
Worst Odds
Your worst odds? The casinos, understandably, did not want to talk about games with poor odds.
So we turned to Forbes Magazine, which in a report about Best Bets at the Casino, said two popular games -- the Wheel of Fortune and the ever-popular slot machines -- have the lowest odds of winning, with a house edge of 10 percent or more.
The Experts Agree
Professor of Analytics Michael Magazine has crunched the numbers, and agreed that blackjack is the best way to go home with money in your pockets. He said if you take a little time to learn the game, you have the best odds of winning.
'You are somewhere between 44 percent to 48 percent in every single hand of winning,' he said, noting that no other casino game gives you odds that good.
But Magazine cautioned that he's not promoting gambling, because he said even games with the best odds still favor the house.
'Play it long enough and you will lose. In the long term the house doesn't lose,' Magazine said.
If You Love The Slots....
Finally, if you really enjoy playing the slots, here is some good information to know, from state casino reports we examined.
With slots, the more money you put in per bet, the higher your chance of winning. If you put the max in a penny machine, which is usually around 50 cents, you have much better odds than if you put in 2 cents.
In addition, penny slots have the lowest odds, with $1 and $5 slots paying much better.
Always gamble responsibly, and don't waste your money.
__________________________
You can learn more about specific odds of slots machines in each state that has casino gambling by visiting the American Casino Guide.
Don't Waste Your Money is a registered trademark of the EW Scripps Co.
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- Appendices
- Slots Analysis
- Miscellaneous
Introduction
When it comes to gambling, the easier a game is to understand the worse the odds usually are. This is certainly the case with slot machines. Playing them is as easy as pressing a button. However, between the high house edge and fast rate of play, there is no quicker way to lose your money in a casino.
Before going further, let me make clear that this page addresses the way slot machines work in most parts of the United States and the world. However, some parts of this page do not apply everywhere. For example, I state that slot machines have a memory-less property, where the odds of every spin are the same. In some places, like the UK, some machines in bars, called 'fruit machines,' have a mechanism that guarantees a certain profit over the short run, which causes the game to go through loose and tight cycles. These games do not have the usual independence property of the major slot makers.
How They Work
Whether you're playing a 3-reel single-line game or a 5-reel 25-line game, the outcome of every bet is ultimately determined by random numbers. The game will choose one random number for each reel, map that number onto a position on the reel, stop the reel in the appointed place, and score whatever the outcome is. In other words, the outcome is predestined the moment you press the button; the rest is just for show. There are no hot and cold cycles; your odds are the same for every spin on a given machine.
Slot machines are just about the only game in the casino where the odds are not quantifiable. In other words, the player doesn't know how the game was designed, so it is difficult to look at an actual game to use as an example. So, to help explain how they work, I created the Atkins Diet slot machine (link). It is a simple, five-reel game with a free spin bonus round, much like IGT's Cleopatra game.
For information on how it works and all the odds, please visit my Atkins Diet par sheet.
Slot Machine Odds By State
For a more complicated example, featuring sticky wilds in the bonus, please try my Vamos a Las Vegas slot machine.
For information on how it works and all the odds, please visit my Vamos a Las Vegas par sheet (PDF).
Odds
The following table shows the casino win for Clark County Nevada (where Las Vegas is) for all slots for calendar year 2012. They define 'slot' as any electronic game, including video poker and video keno. I've found video keno to be about equally as tight as reeled slots, but video poker has a much higher return. So, the return for reeled slots should be higher than these figures.
Clark County Slot Win 2012
Denomination | Casino Win (pct) |
---|---|
$0.01 | 10.77% |
$0.05 | 5.96% |
$0.25 | 5.74% |
$1.00 | 5.64% |
$5.00 | 5.51% |
$25.00 | 3.97% |
$100.00 | 4.73% |
Megabucks | 12.89% |
Multi-denomination | 5.32% |
Total | 6.58% |
Source: Nevada Gaming Control Board, Gaming Revenue Report for December 2012 (PDF, see page 6).
Most players play penny video slots. Based on past research, I find the house edge on those to usually be set from 6% to 15%. In general, the nicer the casino, the tighter the slots.
Advice
While there is no skill to playing slots, there is some skill in selecting which machine to play and ways you can maximize your return. What follows is my advice, if you must play slots at all.
- Always use a player card. Slots may be a lousy bet, but the casinos treat slot players very well. A $1 slot player will probably get comped better than a $100 blackjack player. Of course, don't play for the reason of getting comps. You'll give them a lot more than they'll give you.
- The simpler the game, the better the odds. The fancy games with big signs and video screens tend to not pay as well as the simple games. However, slot players always tell me the fancy games are more fun.
- The higher the denomination, the better the odds. For that reason, it is better to play one coin per line on a 5-cent game than five coins per line on a 1-cent game.
- Don't forget to cash out and take your ticket when you leave. It is easy to forget after hitting a jackpot.
- Try to play slowly and as little as possible to get your fix.
- In some games there is a skill feature, like Top Dollar. In such games, advice is usually offered, which you should take.
Myths and Facts
Just about everything that players believe about slots is untrue. Here are the most common myths and facts. As a reminder, this page is based on slot machines commonly found in the United States. Some machines, like 'fruit machines' found in the United Kingdom work differently.
- Myth: Slot machines are programmed to go through a cycle of payoffs. Although the cycle can span thousands of spins, once it reaches the end the outcomes will repeat themselves in exactly the same order as the last cycle.
Fact: This is not true at all. Every spin is random and independent of all past spins.
- Myth: Slot machines are programmed to pay off a particular percentage of money bet. Thus, after a jackpot is hit the machine will tighten up to get back in balance. On the other hand, when a jackpot has not been hit for a long time it is overdue and more likely to hit.
Fact: As just mentioned, each spin is independent of all past spins. That means that for a given machine game, the odds are always the same. It makes no difference when the last jackpot was hit or how much the game paid out in the last hour, day, week, or any period of time.
- Myth: Machines pay more if a player card is not used.
Fact: The mechanism that determines the outcome of each play does not consider whether a card is used or not. The odds are the same with or without one.
- Myth: Using a player card enables the casino to report my winnings to the IRS.
Fact: That makes no difference. If you win $1,200 or more they will report it either way. If you have a net losing year, which you probably will, at least the casino will have evidence of it. Such annual win/loss statements may be used as evidence to declare offsetting loses to jackpot wins.
- Myth: The slot department can tighten my game with the press of a button remotely. Thus, you better be nice to the staff and tip them well, or they will use a remote control to have the machine take you down in a hurry.
Fact: There is now some truth to the myth that the odds of a machine can be changed remotely. Such 'server-based slots' are still experimental and in a minority. Even with server-based slots, there are regulations in place to protect the player from the perceived abuses that could accompany them. For example, in Nevada a machine can not be altered remotely unless it has been idle for at least four minutes. Even then, the game will display a notice that it is being serviced during such changes. (source) Meanwhile, for the vast majority of slots, somebody would physically need to open the machine and change a computer chip, known as an EPROM chip, to make any changes.
- Myth: The machines by the doors and heavy traffic flow areas tend to be loose while those hidden in quiet corners tend to be tight.
Fact: I've studied the relationship between slot placement and return and found no correlation. Every slot director I've asked about this laughs it off as just another player myth.
- Myth: Slots tend to be looser during slow hours on slow days of the week. However, when the casino is busy they tighten them up.
Fact: Nobody would take the trouble to do this, even if he could. The fact of the matter is the casinos are trying to find a good balance between winning some money while letting the player leave happy. That is best achieved by slots loose enough to give the player a sufficiently long 'time on device,' as they call it in the industry, with a reasonable chance of winning so he will return to the same casino next time. If the slots are too tight, the players will sense it and be unlikely to return.
The kind of place you're likely to find tight slots are those with a captive audience, like the Las Vegas airport. So, if the slot manager feels that 92% is the right return for a penny game, for example, he is likely to set every penny game all that way, and keep them that way for years.
Play
Analysis
Vamos a Las Vegas
Analysis (PDF). Australian Reels — One Line
Analysis (PDF)
Australian Reels — Five Line
Analysis
21 Bell
Analysis
Fruit Machine
Analysis
Craps Slot Machine Vegas
Reviews
- Dazzle Me (NetEnt)
- Mr. Vegas (Betsoft)
- Sparks (NetEnt)
Best Odds Slot Machine
Internal Links
- Appendix 1 shows the details and analysis of almost 4000 actual spins on a Reno slot machine.
- Appendix 2 shows an example of the virtual reels behind a hypothetical slot machine and how the average return is calculated.
- Appendix 3A: 2003 Las Vegas slot machine rankings.
- Appendix 3B: 2002 Jean/Primm slot machine rankings.
- Appendix 3C: 2002 Tunica slot machine rankings.
- Appendix 3D: 2002 Henderson/Lake Mead slot machine rankings.
- Appendix 3E: 2002 Quarter and dollar returns for Las Vegas slots
- Appendix 4 shows how the return is calculated for my Wizard's Fruit Slot Machine.
- Appendix 5 analysis of the 21 Bell Slot Machine.
- Appendix 6 Analysis of Red, White, & Blue Slot Machine.
- Lock and Roll analysis of the skill-based slot machine found in North Carolina.
- Deconstructing Jackpot Party analysis of the video slot machine.
- Deconstructing Lion's Share analysis of the classic MGM progressive game.
- Deconstructing Cleopatra analysis of the popular IGT game.
- Deconstructing Lionfish analysis of the slot game found on many Game Maker machines.
- Deconstructing Megabucks.
- Deconstructing the Atkins Diet slot machine.
- Deconstructing Lucky Larry's Lobstermania.
- Deconstructing Hexbreaker.
- Deconstructing Blazing Sevens.
- Deconstructing Hot Roll.
- Mystery progressives on Ainsworth slots.
- Mystery progressives on WMS slots.
- Baltimore Sun article, in which I am quoted.
- 100% Rebate on Slot Losses Promotions: When to quit playing when all losses are refunded.
External Links
- For a simplified explanation of slots, please see my companion site Wizard of Vegas
- German translation of this page is available at richtigspielen.com
- Another decent overview of how slots work and some practical advice for playing them is How Slot Machines Work at VegasClick.com.
- PAR Sheets, probabilities, and slot machine play: Implications for problem and non-problem gambling by Kevin A. Harrigan and Mike Dixon, University of Waterloo, Waterloo, Ontario, Canada. This is an outstanding academic paper that details how some popular slot machines were designed.
- PAR Sheets, probabilities, and slot machine play: Implications for problem and non-problem gambling - Academic paper based on the par sheets for some modern slot machines