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Slot Tips

Slot jockeys say non-progressive machines are looser (the technical term for this is 'hit frequency') than progressive machines, though payouts are smaller (the technical term for that is 'average payback'). And non-progressive machines that give smaller top payouts are reportedly looser than those that give large top payouts. Similarly, among progressive machines, those that have smaller jackpots hit more often.

Interestingly, the amount of your wager that is going to the progressive jackpot is an indication of payout frequency. According to one casino executive, if the amount is less than one percent, that progressive machine is likely to have more non-jackpot winners. If three to five percent of every bet goes towards the progressive jackpot, that game is seriously weighted toward fewer, large payouts.

It gets even more complicated. Machines with high hit frequencies (meaning they return coins frequently) pay out small amounts. Those with low hit frequencies pay out less frequently overall, but when they do, each return is higher. And there's no correlation between hit frequency and average payback; hit frequency can be high while average payback is low and vice versa, or both can be low or high. Of course, none of this is posted or known, so you're mostly flying blind.

Rumors abound, too. Some believe that slots placed near doorways and aisles are looser than others. The constant sound of coins dropping is supposed to lure folks into betting a few bucks. One casino executive has said that the house machines, those with the casino's name and logo on them, are set looser than non-house brand slots. Other gamblers have theorized that slots near waitress stations are looser because that yields more tips.

The only recommendation that makes any sense is that if you are going to play the slots for big money, bet the maximum number of coins on each pull. This way, if lightning strikes and you are a winner, you will get the biggest payout possible. If you want to lay out a dollar per pull, play four coins in a quarter machine (even though $1 and higher machines tend to have higher average paybacks).

Avoid slots in non-casino locations such as the airport and convenience stores, which have a house edge one step below outright thievery. And, of course, never put a nickel into a slot machine without having your slot club card inserted to the reader. As long as you are playing the house's favorite game, you might just as well get a bit of your play returned in the form of cashback or comps.

Slot machines can only pay out so many coins at any one time, so if you hit a monster jackpot, stay put and wait for an attendant to arrive. If you walk away, someone else might claim your prize. The attendant will inform you of your tax obligations. The rule for US citizens is that you need to fill out IRS paperwork on slot wins of more than $1,200, the tax situation varies for non-nationals.