Slot machines are often considered one of the worst bets in a casino. Here’s why: Low Odds of Winning : Slot machines are entirely based on luck. The outcomes are randomized, and the odds of hitting a winning combination are extremely low. Depending on the machine, the chances can range from 1 in 5,000 to a staggering 1 in 34 million Ad 1 . House Edge : Slot machines have a significant house advantage. The house edge varies, but most slots give the casino an edge of between 2% and 15% 2 . This means that over time, players are likely to lose more money than they win. Progressive Jackpots : While those massive multi-million dollar jackpots are tempting, progressive slot machines are actually the worst. The house edge for these machines can be as high as 17%, meaning you lose between $12 and $17 for every $100 wagered in the long run 3 . Lack of Strategy : Unlike table games like blackjack or poker, where skill and strategy play a role, slot machines offer no such ...
A 25 year casino surveillance veteran will peel back the curtain of "the eye in the sky". I will let you know what they look for, what they don't and how you can use my knowledge to help you win more, and more often at your next trip to Vegas or Reno.