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    Being a winning slot machine player is impossible. All slot machines are created specifically in order to give the house a long-term edge, so the home will invariably come out ahead if you play long enough. The only real way to counteract the home edge on slot machine games is to play a game with a really big jackpot, bet the max every time you play, and hope that you hit the jackpot. Then whenever you do hit the really big jackpot, guess what you do next? Stop playing that game.

    Don’t get me wrong. I’m not proclaiming that you shouldn’t play slot machines. The truth is, I think slot games, particularly the great ones, are a lot of fun. But you want to keep within the forefront of your mind that mathematically, what you are doing when you’re playing a slot machine on a long-term basis is paying for entertainment. You can calculate simply how much you’re paying for that entertainment by multiplying the home edge times your average bet times your range of spins each hour.

    One example is if you are playing a slot game with a payout of 95%, then the home edge is 5%. (The casino keeps 5% of every bet you make long term.) And when you are average bet is $3, then you are going to pay a typical of 15 cents per spin to the house. (5% times $3.) Assuming you are making 500 spins hourly, that game costs you $75/hour to play, which may or might not be a reasonable price for you entertainment. That depends upon your bankroll.

    Another thing to factor into your calculation is just 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 are getting free drinks while you play, then you can subtract the cost of those drinks from you’re hourly cost. (Or you may add the price of those drinks to the value of the entertainment you are receiving–it’s just a matter of perspective.) My recommendation is to drink top-shelf liquor and premium beers as a way to maximize the entertainment value you’re receiving. A Heineken can cost $4 a bottle in a good restaurant. Drink two Heinekens per hour, and you have just lowered what it costs you to play each hour from $75 to $68.

    Slot clubs also give back a portion of your losses each hour, so definitely be sure you join the casino’s slot club and ALWAYS use your card to track your play. There’s absolutely no reason not to do this. Casinos also reward their larger slot players with comps like meals, show tickets, and free rooms, which all add up to reduce the total amount of cash you’re spending each hour that you are playing on their machine.

    So how to be a winning slot machine player? I’d sum it up by saying know how much it’s costing you to play each spin and excellent each hour, take advantage of all of the comps and the perks, and go for the big progressive jackpot.

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