Since winning bets on slot machines is absolutely random, it is impossible to devise a wagering strategy that will work 100% of the times. To combat this, there are 3 Tips for Winning on Online Slots that can be followed to work out the best online slot machine strategy.
Gambling Strategies to Win Online.
The Standard Deviation Strategy & Equal Pay slots
Although the standard deviation strategy sounds intimidating, with the need for a complex mathematical formula to find out the highest probability of winning, its basics can be learned through practice.
The first thing to do is to find an “Equal Pay” slot machine. This type of machine pays the player an amount relative to the bet the player made. For instance, if a bet of one coin has an equivalent payout of 10 coins, then a bet of 4 coins will have 40 coins of payout.
After finding an “Equal Pay” slot machine, the standard number of spins between winning must be determined. When doing this, it is practical to bet on a minimum amount to avoid losing large amounts.
After achieving 10 winning spins and recording the number of spins between these wins, it will be easier to estimate the average number of spins that occur before getting winning spins.
For instance, if most of the winning spins happen between 7 and 13 spins, then the standard deviation between winning spins will be 10 spins. By knowing the standard deviation, the chances of winning can be increased especially with slot machines that have payout percentage of over 95%.
Implement a One-Play Strategy
Another betting strategy that can be used is the “One-Play Strategy” which is less complicated than the standard deviation strategy. This strategy is done by betting the maximum possible bet on the slot machine once and if the player wins, he will continue playing on the same machine three more times.
Otherwise, he needs to look for another slot machine where he can play again and win. Usually, most players continue to use the same machine even if they are not winning.
For progressive slots, betting on the maximum amount is more practical because of the random jackpots which get higher vales after every bet. If the player will not place his maximum bet, he cannot win large amount of jackpot, and this jackpot will only be available for the next players who can place higher amounts on their bet.
It should be noted that not all Progressive Slot games require players to bet max coins to win the Jackpot. In Deal or No Deal slot there are three different Jackpots that can be won based on the coin size.
By betting 0.05 per payline (£1 per spin) players qualify for a £27,870 Jackpot. With a 0.10p per line (£2 per spin) bet they can win the second Jackpot of £152,768 if you're aiming for the highest win possible of (currently) £227,247 in cash, players need to wager 0.20p per line or £4 per spin. This and other great (& affordable!) Progressive Jackpot games can be found at Jackpotjoy Sister Sites here.