Casinos Profiting From the Online Slot Machine


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When you enter a casino, the first things you are likely to see are slot machines; lots of slot machines, as they are by far the most popular game in a casino. Originally, casino owners only installed slot machines as a way to keep the spouses of the table players busy, yet they quickly became a favorite. Now, the online slot machine found at an internet casino is becoming wildly popular as well, generating over 70% of the casino’s revenue.

A privately owned company called Microgaming was the first to manufacture “genuine” casino software; however, with the increased popularity of internet casinos and games, there are now over 150 companies that also provide different software and solutions. Of course, no two slot games are exactly the same.

Even though they all have a slot for the coins, flashing lights and a handle, they are far from alike. Experts also tell us to be wary of those mail order systems that guarantee slot wins. Of course, if you are looking for a game that you do have a better chance of winning by using a “system,” then check out video poker that seems to work, at least part of the time, both in the traditional and virtual casinos.

Amazingly, less than twenty years ago the slot machine accounted for about 30% of a casino’s profit. Today, that profit is over 70%. And the online slot machine is responsible for a great deal of that profit.

Thanks to computer technology, it is possible to offer some life-changing, mind-blowing jackpots for online slots. Along with this technology, there are also myths and misconceptions surrounding the slot machine.

If someone hits a jackpot on a machine that you just left, then would you have gotten it if you had stayed? No, because they have a computer chip that runs the random number generator (RNG), which continuously cycles through numbers even when the slot games are not being played.

In other words, in the amount of time it takes to get a sip of your drink, the RNG has already cycled through thousands of combinations, so it is doubtful that you would have stopped the machine at the exact nano-second that the winning player just did. Some believe that you can predict the odds of winning when playing online slot machines by counting the symbols on each wheel.

That is also false because the RNG generates a number for each spin and the number corresponds to the symbols on the reel. There may be literally hundreds of virtual stops on each wheel, even though you may only see a few symbols. For example, if you see 20 symbols on each wheel of a three reel machine, then you figure 20 times 3 equals 8,000 combinations, so your chances of hitting the jackpot is one in 8,000.

Getting Ahead with An Online Slots Strategy

nline slots is the one game that is difficult to strategize, you really have no control over where the reels will stop and if you do or do not win. However, there are some strategies that you can use when playing slots that can stretch your bankroll, keep you playing, and minimize your loss. When playing slots it is always important to remember that it is ultimately a game of chance. There is little you can do to control the actual slot machine or the website. With that being said, let us have a look at our first online slots strategy.

Online Slots Strategy One: Bet Singly. Betting on a single pay line can allow you to make the most out of your bankroll. When gambling you always want to be aware of how much you are spending at any moment and keep tabs on your limits. However, when you bet on single lines, you are taking control over your spending and keeping everything in check.

Online Slots Strategy Two: Non-Progressive Slots Are Best. Playing on a non-progressive slot machine that has a maximum of two coins is the best way to play. The more you pay, the more you stand to lose. Therefore, keeping your betting to a minimum is the best way to go. slot server thailand

Online Slots Strategy Three: Double your money. There are many types of online slot machines that offer double the jackpots. Double is so much better than the traditional winnings, so why wouldn’t you take advantage of it. If the machine pays double, you are not going to have to pay double for your bet, but you can sure have the opportunity to get double the payout.

Online Slots Strategy Four: Be Choosy. Your choice of games could affect how much you spend and how much you win. If you find that you are just simply losing constantly on a specific game, why stay there? Find a different slot machine or cut your losses for the day entirely. Continuing to play on a losing machine will only add to more loss. Many people believe that if they continue on the losing machine that eventually it will be a winner. However, what good does a small win do if you have been losing big?

Overall, it is very difficult to strategize with online slots. No matter how many online slots strategies you read, the biggest factor of the slot machines it that they are a game of chance. However, by following a online slots strategy, you may find that you have the advantage because you have the ability to stretch your money and maybe strike it big on one of the big jackpots.

How to Compare Online Casinos

Whether gambling online is a serious pastime for you or a casual hobby, choosing between the hundreds of online casinos available online today can be rather intimidating. After all, every online gamer has their own unique personality, likes, dislikes and preferred games. Just as every player is different, so are online casinos. Below are the basics to consider when shopping around for an online casino that will meet your gambling needs and then some. rtp slot

It’s All About the Games

When it comes to online casinos, I come to play and I play to win. But first and foremost, I come to play. That means that you’re not going to stick around playing a game you don’t enjoy. Even if you play a game common to all casinos like poker, if the interface is weak you are all but guaranteed to make a fast “exit.”

Because online casinos only feature games where wagers are involved, you might think your choices are limited, but you couldn’t be farther from the truth. Many companies pride themselves on thinking outside the box and offering new and innovative games that raise the bar in terms of graphics, sound and playability. It is a good idea to get an idea of which online casinos carry games that you are interested in playing. Companies like Rival and Cryptologic are just two of the many top online casino software providers that push the envelope with every game they put out.

Also know that each software provider has their own style. Rival, as I mentioned above, has stellar games, but tends to cater to the younger crowd of online casino players. They focus more on graphics and games that appeal to “video gamers” more than anyone else. Where as Cryptologic has a knack for taking classic games and making them fresh and exciting again.

Banking Features

Naturally people when playing online, one wants to make sure that they are able to access their money as quickly and conveniently as possible. Most online casinos offer simple depositing processes whereby you deposit money into an account for use within that particular online casino. Still, not every casino operates the same way. RTG and Playtech incorporate their own software methods to manage money while Cryptologic uses “Ecash.”

Look for Peer Reviews

An online casino will tell you anything and everything to get you to gamble at their online casino. Can you blame them? They want to make money. It is in their best interest to sell their online casino as the biggest and the best. Therefore, your best bet on researching an online casino is to search for customer reviews on gambling review websites.

Online gamers are passionate about the casinos they love and venomous towards those they hate. Before spending a dime, it behooves you to read some reviews and benefit from the experience of others. There are so many sites out there offering top-notch, third party reviews of online casinos. Even though you’ll be gambling at the casino, it’s best not to gamble on a casino.