• How To Win More At Slots: Secrets To Pick A Winning Slot Machine
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1. The most common payout percentage found on the majority of slot machines will be between 94% and 96% and as such for example when you are playing a slot machine offering a payout percentage of say 96% over your long term play you can expected to get 96.00 returned as winning payouts for every 100.00 you play through on that machine.
2. When people call slot machines 'loose' and 'tight' they're referring to the payout percentage. A looser machine pays out more often and at a higher percentage while a tighter machine has a lower RTP and pays out less frequently. The looser the slots, the better it is for the player.
3. As you can see, the Casino Queen returned the most to its slot machine players, while Harrah's in Metropolis returned the least. INDIANA SLOT MACHINE PAYBACK STATISTICS Following is information from the Indiana Gaming Commission re­garding average slot payout percentages for the one-year period from July 1, 2018, through June 30, 2019.
4. These big machines often take up two to three times the amount of space compared to classic slots and tend to cost the casinos a lot more to keep them running. In order to maximize profits, the casinos will then dial down the payout rate on these machines so they still make enough money on them.

Everyone wonders how big some jackpot wins are. If you've wondered what is the most money ever won on a slot machine, you're in good company. We wondered the same thing and did some digging to see what we could find out.

Amaya slots are by far and away the worst slot machines for payouts with a 92% RTP average (more on that later). NetEnt make the most player friendly slot games averaging a 96.51% payout percentage. The majority of companies are within 1% of each other setting an online industry standard of about 95% for slot payouts.

Megabucks Slots Often Leads to the Biggest Slot Machine Wins

Megabucks slots is a progressive jackpot slot from IGT. It's linked to many of the biggest payouts on slot machines. Since it's debut in 1986, it's paid out more than $1 billion dollars in prizes. #1 – 25-Year-Old Software Engineer Wins $38.7 Million While killing time before the 2003 NCAA tournament started on TV, an anonymous 25-year-old software engineer decided to risk $3 on a slot machine at Excalibur Hotel Casino in Las Vegas. That $3 turned into a stunning $38.7 million jackpot on Megabucks slots. #2 – Cynthia Jay-Brennan Wins $34.9 Million In 2000, Cynthia Jay-Brennan won $34.9 million playing Megabucks slots at the former Desert Inn in Las Vegas. Sadly, weeks after claiming her jackpot prize, a drunk driver crashed into the car she was in. She was paralyzed and her sister did not survive the crash. #3 – An Anonymous Woman's $27 Million Win At Palace Station Hotel in Las Vegas, one woman played Wheel of Fortune slots and won $680,000. She opted to keep playing, In just a few months, she hit a $27 million jackpot on Megabucks slots. #4 – Woman Wins $22.6 Million at Bally's There is a pattern with Megabucks slots leading to some of the biggest slot machine wins in history. In 2002, a woman playing at Bally's Las Vegas won $22.6 million on that same game. #5 – Elmer Sherwin's $21 Million Win Elmer Sherwin fought in WWII and often played slots in Las Vegas after retirement. Shortly after The Mirage opened its doors for the very first time, Sherwin won $4.6 million playing Megabucks slots. His luck repeated itself in grand fashion when he won $21 million just shy of two decades later at the age of 87. Once again, he was playing Megabucks slots. #6 – Anonymous Player Wins Just Under $12.8 Million Megabucks slots paid a prize of just under $12.8 on a $6 bet. The player was at Aria in Las Vegas for her niece's birthday when she hit the jackpot. She said she'd chosen Megabucks slots completely by chance. #7 – Rodolfo T. Wins $11.8 Million Betting just $3 on Megabucks slots, Rodolfo T. of California won the jackpot worth just over $11.8 million. That 2017 win at the Fremont Casino isn't one of the biggest from Megabucks slots, but it still made him a very happy man.

Are Any Other Slot Machines Linked to Huge Payouts?

While Megabucks slots certainly is linked to many of the largest slot prizes in history, there are some games that have also made players very happy. At Harrah's Las Vegas, a man won $1.18 million playing Wheel of Fortune slots in July 2018. This was the second large payout from that machine. Earlier in the month, a player won almost $250,000 on Wheel of Fortune at the Cosmopolitan. A Gulf Breeze, Florida, man took home a jackpot of almost $1.3 million playing Double Diamond slots in Biloxi, Mississippi. He kept playing and won an extra $14,000 a little while later. That's not the largest win in the area. Hard Rock Casino reported that the largest prized they'd given away was $14 million to a player playing Wheel of Fortune slots.

There's One More Crushing Win

In 2016, Katrina Bookman was playing Sphinx slots in New York when the machine told her she'd won a $42.9 million jackpot. It would have been the largest prize in history. The problem is the top prize on the slot machine is $6,500. She was told the machine had malfunctioned and that the most the casino could do is give her the last prize she'd won of just over $2 and a complimentary steak dinner. She is suing the casino and IGT. There's one thing all of these players have in common. They never expected they'd win the jackpot when they placed their small bets. You could join them. Whether you try Megabucks slots or something else, Lady Luck could put you on the list of the biggest slot machine wins in history. To accomplish this, you need to play slots online or at your favorite land-based casino.

Since jackpots online and offline have been in existence, people have asked themselves the eternal question, how often do slot machines hit the jackpots?

How To Win More At Slots: Secrets To Pick A Winning Slot Machine

It’s been a question inviting both hope and trouble. We’re here to discuss the odds of slot wins and look under the hood of how big slot wins online and offline work, and more importantly, how often they occur. There’re several key aspects of the experience to consider before you can make an informed decision. The main things you should be looking into when it comes to playing slots are:

• The Return to Player (RTP) rates of the game
• The slot volatility, i.e. frequency of payout
• The actual probabilities of landing a big slot win

Before we delve into the essence of how often slot machines payout, we must be perfectly honest with each other; we can’t distil the nature of slot payouts to a pristine formula and no matter how good we are at understanding the why behind these games, there will be a substantial part that will depend on pure luck alone, even if you play at the best paying slots sites around.

Slot Machines: The Basics

Each slot machine comes with a randomised outcome thanks to the technology in the very crux of it – the Random Number Generator (RNG). RNGs are cutting-edge algorithms that guarantee the “complete randomness” at a casino. The RNG is needed to help computers create randomness, as they are programmed to predict an outcome and don’t understand “random” the same way you and we do.

When it comes to actual casino play, there is absolutely no way of knowing when a jackpot will arrive. The average pay cycle for each game will vary. It’s worth logging your spin outcomes as it can help you determine when the jackpot window has a more probable chance of being open. However, the complete randomness of the RNG makes it impossible for anyone, be that a supercomputer or a mathematical wiz, to determine the outcome or be able to call the exact time a big jackpot will actually hit.

Tempted by the idea of imminent big slot wins, many players have been persistent in their determination to spot the patterns.

Progressive Jackpot Patterns in Slots

It’s worth spending more time observing rather than playing yourself. In 2016, the win cycles for Mega Moolah happened every 70 days, give or take, but it’s worth noting that there were only four payouts the entire year.

The payouts started early in April and continued through late November. In 2019, we’ve already witnessed slightly more hectic results that haven’t followed a particular pattern so far. The first win came on January 30^th, 2019, followed by another one on March 5^th and then another one on March 6. If the wide-spread trend repeats itself, we can expect the next jackpot to hit 33 days from March 6^th, around April 8^th or before that.

This would be a fair observation. In 2017, the space of each was at least a month, but not exceeding two months. There were 13 wins in total, the game’s largest number on record.

Does capturing historical statistical data help determine when a mega jackpot is likely to payout?

The answer is – not really. While there is some evidence to suggest that payout cycles happen in a window of one or two months, we have no way of knowing how many slots wins there are going to be on any given specific year.

There is a reason why certain games never manage to amass a multi-million jackpots, this has to do with the return to player (RTP) rates and the volatility.

Consider the RTPs in Slots Online

Just because an outcome is random, doesn’t mean we can’t pick the games statistically more likely to payout. Whether it’s a progressive jackpot or a fixed jackpot, the Return to Player (RTP) will tell you a little something about what to expect.

Now, here’s the thing about RTPs. They are accurate, but in order to get them right, you will need to play around 10,000 spins. Anything below that, and you may end up with deviations. Playing less than 10,000 RTPs can still turn out accurate, it’s just for the most accurate results, you will have to play through towards that figure.

It’s like flipping a coin 10 times vs flipping it 1000 times, you can certainly expect that 50-50 outcome to be more accurate after 1000 times than 10 times when a freak outcome of 80-20 is more probable. RTPs don’t factor the bonus amount, so when considering them you must keep that in mind and regard them as something that will help you extend your stay at a casino and keep a healthy budget.

If you do avoid the progressive games, you can guarantee yourself a slightly more controlled type of play and less risk in exchange for more frequent returns.

Slot Volatility: Pay Attention

‘Volatility’ in slots and other casino games refers to the payout frequency a slot has and how much is paid. Again, this is more applicable to your regular slots wins rather than the big slot wins you want to get by landing a mega jackpot. And yet, volatility will help you plan your bankroll just a little bit better.

Playing high volatility games means that the payouts will be bigger, but you will also have more cold streaks when the spins won’t get you any return. With low volatility, you will enjoy frequent payouts, but not really big winnings.

There are trade-offs and depending on your budget, you will find both slots applicable. When it comes to jackpots, Mega Moolah, which we used as an example here, is definitely on the high-end of the volatility spectrum. So don’t be too disappointing if you have a run of 10 or 20 spins with no payouts at all, that’s just the nature of a high volatility slot game.

If you are looking for low-volatility jackpot games, you can opt for a game such as Dead or Alive by NetEnt. The standard jackpots payout around 200-1000 coins a payout, making this game a perfect pick for those of you who enjoy slot machine jackpots but don’t have a larger bankroll than you need to play through for the mega jackpots.

Staying on Top of Your Bankroll

If you are keen on getting some decent slot wins, you needn’t necessarily go after the highest-risk games. It’s quite possible to build slot wins incrementally, indulging in games that have steadier, even if somewhat smaller payouts.

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Jackpot hunting is a tough game and while quite a few people report big slot wins you will have to remind yourself that luck has no small part to play in the final outcome. Only after realising this can you use the other information you have learnt here to better your odds at securing a hefty prize.