Being a profitable slot machine player is impossible. All slot machines are specifically designed in order to give the house a long term edge, so the house will always come out ahead in the event that you play long enough. Really the only solution to counteract the house edge on slot machine games would be to play a game with a really big jackpot, bet the max everytime you play, and hope that you hit the jackpot. Proper you do hit the really big jackpot, guess everything you do next? Stop playing that game.
Don’t get me wrong. I’m not saying that you shouldn’t play slot machines. In reality, I think slot games, especially the really good ones, are plenty of fun slotth. But you want to retain in the forefront of your mind that mathematically, what you’re doing when you’re playing a slot machine on a long term basis is spending money on entertainment. You are able to calculate simply how much you’re spending money on that entertainment by multiplying the house edge times your average bet times your amount of spins per hour.
For instance, if you’re playing a slot game with a payout of 95%, then a house edge is 5%. (The casino keeps 5% of every bet you make long term.) And if you’re average bet is $3, then you’re going to pay for on average 15 cents per spin to the house. (5% times $3.) Assuming you’re making 500 spins each hour, that game costs you $75/hour to play, which may or might not be an acceptable price for you entertainment. That depends on your bankroll.
Another thing to factor into your calculation is simply how much the perks and bonuses you’re getting back from the casino are worth. If you’re playing in a land-based casino where you’re getting free drinks while you play, then you can subtract the cost of those drinks from you’re hourly cost. (Or you can add the cost of those drinks to the worthiness of the entertainment you’re receiving–it’s just a matter of perspective.) My recommendation would be to drink top-shelf liquor and premium beers in order to maximize the entertainment value you’re receiving. A Heineken could cost $4 a jar in a wonderful restaurant. Drink two Heinekens an hour or so, and you’ve just lowered what it costs one to play each hour from $75 to $68.
Slot clubs also give back a portion of your losses each hour, so definitely make sure you join the casino’s slot club and ALWAYS use your card to track your play. There’s absolutely no reason not to accomplish this. Casinos also reward their larger slot players with comps like meals, show tickets, and free rooms, which all soon add up to reduce the amount of money you’re spending each hour that you’re playing on their machine.
So how to become a winning slot machine player? I’d sum it down by saying know how much it’s costing one to play each spin and each hour, take advantage of all the comps and the perks, and select the big progressive jackpot.