Online slots are a lot of fun and often quite profitable too. Progressive jackpot slots offer some of the highest potential returns for your stake of all casino games, and if you follow a basic strategy you can maximize your chances of winning.
Firstly it is important to understand the pay table and how the game works. Progressive jackpot slots take a portion of each stake played – sometimes a few cents or even a portion of a cent to put towards the progressive jackpot. Usually the progressive jackpot will only be payable when maximum coins are played, so it is always important to play maximum coins when playing any progressive jackpot slots. Too often have online players fallen foul of this rule only to miss out on a massive jackpot. If your bankroll is too small to let you play maximum coins then choose a slot with a smaller stake – don’t risk missing out on that big win.
It is not just with progressive slots where betting maximum coins is a good strategy. Even the simplest single payline slots usually have pay tables which favour maximum coin play. Although it is not quite as important to bet max coins on these slots in that there is no progressive jackpot to lose out on, if you want to maximize your return then always bet max. Over time, this will prove to give you the maximum potential return.
One of the major mistakes online slot players make is continuing to play a “cold” machine in the mistaken belief that a big win is due. Although it is true that all machines have to pay out a certain percentage in the long run, it doesn’t necessarily mean that you should continue to pump a machine which is not paying believing that a big win is due. The outcome of any spin on a slot depends on the RNG – random number generator, and this random number generator doesn’t take into account what has happened previously – so the odds of a winning spin are the same – whether you have had 10 winning spins in a row or 1000 losing ones.
This is a concept many gamblers have problems with – they often quote the law of averages – saying that after 10 losing spins then a winning spin must be due. However, if you liken this to an example of tossing a coins you will see how this logic is flawed. If you toss a coin five times and each time it lands on heads – on the sixth toss most gamblers would bet that the coin will land on tails (apart from the smart ones who would argue that the coin is weighted to heads and will therefore land on heads!). However, despite what may have happened before the actually odds of the coin landing on either heads or tails are still 50/50 – this doesn’t change. Therefore continuing to play a machine which isn’t paying in the hope that a win is due is a sure fire way to lose money!