Slot Machine Paybacks and Slot Odds Explained (Tech4Truth Episode 3)

Find out how to win at slots, how the payback percentage of a slot machine works, and how the denomination of the machine makes a difference. I'm Mark Vincent, a certified slot technician, and my tech4truth videos are to educate the gambling public about how slots work, and how not to get scammed by those selling systems. This is Episode 1 of 8... make sure to view my other episodes when they come online!

For more information visit http://www.tech4ruth.com.

To purchase a copy of my book about slots and how to get the best odds, visit http://www.egdsecrets.com.

Sample Transcript: Slot machine paybacks aren't that simple because there are multiple combinations and a huge return on investment when you hit something with a coin flip you might double your money, but on a slot machine you can turn one dollar in to ten thousand dollars if you hit which makes hitting something that much less likely to happen. Someone will, though, and eventually all the money won and lost will end up being around the theoretical payback of the machine.

You may have heard the term hold, instead of payback. Hold is simply the opposite of payback. If a machine has a 92% payback then it has a 8% hold. The higher the payback and lower the hold of the machine, the more likely you'll win when you play.

Typically in US casinos, paybacks range from about 80% on the low end to 99% on the high end. Generally the higher the denomination, or value of one credit, the higher the payback. This means that quarter slots usually have a higher payback than nickel slots, and dollar slots have higher payback than quarters. This isnt always the case, but in general it does hold true. In my experience this upward climb of payback percentage tops out at around the $5 machines, meaning that the greatest jumps are between nickel and quarter, quarter and dollar, and dollar and five dollar. After that, payback doesn't go up much, if at all. This means that a $100 machine may not have a much better payback than a $5 machine, while that $5 machine will have an incredibly higher payback percentage than a quarter machine of the same type.

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[lizard944]

Sorry, but if you are giving your real name here then I don't trust what you are saying. Now, if you were a disgruntled EX slot technician who was fired and talking behind a screen in silhouette then I would believe you . LOL!

[tech4truth]

@lizard944 Mark Vincent isn't my real name. It's a pseudonym I use to prevent myself from being identified. I got Mark from Mark Twain and got Vincent from my favorite FFVII character. :)

[MrDiamondcut]

"Mark" is a very smart and honest guy. I have followed his work after borrowing a book several years ago... I am not a gambler, but I will say that thanks to "Mark" I do far better than anyone when I went on gaming trips. I can't explain it; I know it's basically from remembering that "Edge" book I read. My last big win was $1.20 spin turned into.... ALOT! Randomness is still the bottom line. Listen to this guy. He even sounds like Chris Langan; Smartest man in the world! Lol Thanks "MARK".

[nioted]

This guys speaks the truth. Everything this guy says correlates with all the information I gathered about slots over the years. Basically its a big mathematical formula in favor of the casinos but there are ways to improve your chances of making money. One thing I try to look for is the least amount of reels with the highest jackpot/max credit ratio. I never play slot machines with 4 or more reels. Also games with big multipliers are very good.

[boricuaDeCT]

@lizard944

heres something for u to think about.. Slot techs exist.. right? Auto techs (cars) exist.. Right? Any good auto tech knows how to cheat cars.. right? like steal, or alter manufacturer set ratios ect ( air:fuel) right? And car theft is a huge issue.. Manufacturers develope techniques to try and deter theft.. Right? So... a good Slot Tech would know how to cheat a slot.. Right? When was the last time you heard slot cheating being an issue? Who am I? An automotive Tech & PC Programmer

[gaborastheodor]

@tech4truth I will take in consideration the highest hold percentages you posted here 14% for 25c and 6% for the 5$. After that ,according to these statistics (witch are probably correct for most slots), the 25c slot will hold 56$ and the 5$ will hold 120$ ...so one can only wonder ,as long as you play for fun (which you should by the way) , how will you and up after this?

[gaborastheodor]

@tech4truth Hey Mark ...all you are saying here is true but I'm afraid your math is a little bit off...Let's say you go play the slots and you have a limited time to do it (1 hour for example) in witch time you can play a 25 c machine or a 5 $ one. ,an aprox 400 spins. These approximate 400 spins, will put you back 100$ on a 25c machine or 2000 on a 5 $ machine.

[trigg3r305]

im going to a casino today in florida miami which im going to play my free $10 and been watching these vids thanks alot. i know ten dollars isnt much to play inorder to win but that their free their free and im going to play it