• How To Invest In Slot Machines Real Money
• How To Invest In Slot Machines On Amazon
• How To Invest In Slot Machines For Beginners
• How To Invest In Slot Machines For Beginners
• Invest In Slot Machines

Know your limits and play within your budget. Not setting a gambling budget is perhaps one of the.

No other segment of the gaming industry has benefited more from the technology revolution than the slot machine. Once considered the ugly stepdaughter placed on the gaming floor to appease the spouses of table players, the slot machine has been transformed into the fairy princess of the gaming world. With her, she has brought a dowry of riches no one would have imagined for the casino and a few lucky players as well. Over twenty years ago the slot machine accounted for 30 percent of the casinos' profits. Today it accounts for about 70 percent. Computer technology and the ability to play with little to no gambling knowledge makes it possible to offer life-changing jackpots big enough to turn a pauper into a king.

However, the fact that it doesn't take much gambling knowledge to play means that most people don't understand the inner working of the slots -- which makes it easy to explain a loss or a win with some false logic. Like any other 'wives tales' these are passed from person to person until they become gospel. Most of these myths and misconceptions are harmless but they can add to your frustration and take away some of the enjoyment of your casino visit. Let’s take a look at a few of the most popular myths and the truth behind them.

Myth #1

Someone hit a jackpot on the machine you just left -- so you would have won that jackpot if you kept playing.
This is probably one of the most common notions about slot machine gambling -- but it's patently false. The slot machines have a computer chip inside that runs the Random Number Generator (RNG). The RNG is continuously cycling through numbers even when the machine is not being played. These numbers correspond to the stops on the wheel that display the winning or losing symbols that you see when the reels stop. When you hit the spin button or pull the handle, the RNG picks the combination at that given microsecond. If you had stayed at the machine, it is highly unlikely that you would have stopped the RNG at the exact nano-second to display that same combination of numbers. In the time it takes to talk with a friend or sip your drink the RNG has cycled through thousands of combinations.

Myth #2

You can tell the odds of winning by counting the symbols on each wheel.
Actually, you can't. The RNG generates a number for each spin. There can be hundreds of virtual stops on each wheel even though you only see a few symbols. For example, you may see 20 symbols on each wheel of a three-reel machine. You figure 20 x 20 x 20 = 8,000 combinations and your chance of hitting the jackpot is 1 in 8000. In reality, the computer chip may program 256 stops for each wheel which makes the odds 256 x 256 x 256 =16,777,216 combinations. Being able to generate millions of combinations is the reason that slots can offer large paybacks.

Myth #3

Casinos can loosen or tighten the slot machines with the flip of a switch.
In actuality, the slot machines have a computer chip in them that determines the payback percentage. These are preset at the factory. In order for a casino to change the payback, they would have to change the chip. In most jurisdictions, there is paperwork that has to be filled and submitted to the Casino Control Commission for each machine if the chip is changed. It's time-consuming and the chips are very expensive. For this reason, it is more economical to decide on the payback percentages before purchasing the machines and having the factory ship them with the proper chip.

Myth #4

A machine that has not been paying out is due to hit.
There is no way to determine if a machine is due to hit. Each spin is a random occurrence and has no bearing on what has happened previously. Don't ever play more than you should because of this misconception -- it will be devastating to your bankroll if you do.

Myth #5

The temperature of the coins played will affect the way a machine pays.
Unfortunately, the machine is not affected by temperature. It doesn't matter if you play hot, cold, old or new coins. The coin slot is a mechanical device and has no feeling.

Myth #6

If you use your slot club card the machine will pay back less.
This may well be the most damaging myth of them all. There is no link between the card reader and the RNG, but by not using your player's card you are denying yourself valuable comps and sometimes cash back from the casino.

If you are bored just playing against a slot machine, you might want to consider whether you want to participate in any of the online slot machine tournaments. The best online casinos virtually every day offer the opportunity to participate in one of their tournaments. Expecting interesting prizes, you can compare your slot strategy with other players around the world.

How to Play Slot Tournaments in Las Vegas Casinos?

All slot machine tournaments work very similarly to blackjack or poker tournaments. The online casino will announce the date when it will be held and on which slot (or slot machines) are eligible. Usually, players have to register, but in some cases, all you have to do is open selected slots and play. Sometimes, however, there may be “Sit-and-Go” tournaments that begin when the minimum number of participants is registered.

The second step is entering the tournament. It can either be paid or free of charge. This is also the result of the price of the pool. Free tournaments usually have a prize pool of €50 to €300, but you can also find such tournaments that with free entry you can win up to several thousand euros. However, this is more an exception than a rule. Prizes in the thousands are 90 % only for paid tournaments. The entrance fee is usually in the order of several euros or dollars.

Once you are in the tournament and start playing, it is your goal to play/win more than all other participants. If your bankroll drops to zero and you do not have the option to re-buy, you are just at the end of the road. There are also several types of tournaments here. Firstly, it may be a tournament where it is easy to compare the balances of individual players after the tournament ends and the order will be created accordingly.

Another way to evaluate a tournament is through what is called the “Winbox”, when players only add prizes regardless of the amount of the final bankroll. Tournament winners with the highest Winbox then wins.

For example – entry to a 3 000-coin tournament, 6 spins

Tips and Trick How to Win a Slot Tournament

Since the online slot machines have not yet introduced elements to allow the player to influence the house edge, the results of the game rounds depend only on the player’s luck. However, there are at least some basic pieces of advice that can significantly increase your chance of winning on slots.⭐

1. Play as fast as you can

Play as fast as you can. In most slot tournaments, players will get e.g. 1 000 credits and only 10 minutes to play them through. If one spin costs you 3 credits, you have less than 2 seconds for one spin to clear your credit completely. You have to be really fast to do that.

2. Always play for the max bet

Higher-stake games, especially those with a higher denomination, give you better payouts. In particular, thanks to the maximum bet, you can qualify for the jackpot.

3. Do not bother too much about how much you have already won

Especially in Winbox games, do not worry about scoring on it. Individual winnings are not so significant. You have to play as fast as possible.

4. Click through the Bonus Wheels as quickly as possible

In a tournament, you are mainly pushing for time; bonus spins with free spins can cause a significant delay if you do not speed them up.

5. Check your time

It is not worth starting a 5-minute slot tournament 2 minutes before it’s over. There is no way you can make it in time.

6. Possibility to continue the game

Some of the tournaments give you the chance to continue playing, even if the lap time has elapsed. It will almost certainly cost you real money, including in free tournaments. If you want to win, it will sometimes be necessary to continue playing for money. Be sure that others will be willing to as well.

However, here too, use this option only if you are sure it is worth it. If you are already at the prize position after the base round, it can happen that by continuing with the game for the money, you only get to increase the lead over the player below you.

Advantages and Disadvantages of Slot Tournaments

Slot tournaments have a number of advantages and a few drawbacks. It is advisable to have all this information before entering the tournament. In our case, these are only general benefits or negatives. Specific situations, of course, will depend on a number of variables, such as what type of player you are, what slots you are allowed to play, if you can switch between slots, and finally but most importantly, one should not forget the VIP status players.

Advantages

• You have a higher chance of winning. *
• You know exactly how much you can lose.
• You have the chance to win high prizes for a small entry fee or free of charge.
• VIP status (if you have it) can guarantee free entry to the tournament.

Disadvantages

• You have to play fast.
• You may not be able to play on your favorite slot.
• If you win a jackpot, you will not be able to keep it. **
• You can only play in a tournament at a certain time.

* By having a higher chance of winning, of course, we are not thinking of tournament-adjusted payouts. RTP remains constant at all times. But, some prize pools are in thousands of euros, which may be equivalent to some local jackpots. The chances of winning such a jackpot are a few tens of thousands to 1. When in a tournament where there are 1 000 other players, you have a 1:1000 chance of winning.

** Your winnings during the tournament are only to determine the placement of the other players. This means that even if you hit a progressive jackpot, you are likely to win the tournament, but you will only win the main prize. All winnings on the online slot are dropped after the end of the casino tournament.

Slot tournament in online casinos

Online casino tournaments are slightly different from those you encounter in the big casinos in Las Vegas. If it is not a VIP event for regular players; any registered player can enter the tournament. There are always one or several slots selected for the tournament, and the date and duration of the tournament are also announced. Most online casinos have a calendar on their website for the months ahead, so there is no problem finding the best one for you.

Tournaments in online casinos are generally free to enter and have slightly different rules from tournaments in brick-and-mortar casinos. When playing in Las Vegas tournaments, players compete in a very short period of time. In online casinos, tournaments often last for several days or weeks.

One thing, however, is common to both casinos. Not all casinos have slot tournaments. Before you sign up in an online casino, make sure they offer it. And, of course, always read the General Terms and Conditions.

Top 5 Slot Tournament Casinos

Tips and Tricks How to Win Slot Tournament in Online Casinos

You will most likely encounter two types of online slot tournaments. Depending on the type, you should choose the appropriate strategy. In both cases, even if you do not pay a fee, you will not play at the machines free of charge, but for real money instead. However, you can keep your winnings.

Tournament type: Get the most points

In this type of tournament, you get points for every bet you make. It is very simple. The more you play, the more points you get. You will also get more points for higher bets. But remember: only bets for real money are eligible for the tournament.

1. Sign up for the slot tournament as soon as possible and play from the very beginning

Those who bet the most, win these tournaments. Therefore, it is best to play from the start and play as you would normally play. And invest more money at the end of the tournament, when you see that you have a chance of winning a prize. But if you do not want the first prize too badly, there is no point in pushing thousands to win the tournament when the maximum prize is several hundred € / $.

2. Choose the best bet size

Maximize the number of points earned per bet. Some point distribution may look like this:

• Bet €0.20 up to €0.99 = 1 point
• Bet €1.00 up to €1.99 = 5 points
• Bet €2.00 up to €2.99 = 15 points
• Bet €3.00 up to €3.99 = 25 points
• Bet €4.00 up to €4.99 = 35 points
• Bet €5.00 + = 50 points

If you have a €500 bankroll, it does not make sense to bet for €2 and get 3750 points, if you can bet for €5 and get 5000 points. And of course, it makes no sense to bet over €5.

3. Choose the slot with the highest return to player percentage (RTP)

Before the tournament starts, check out the RTP for all slot machines in the tournament. And choose the one with the highest. You will thus play the most favorable slot machine.

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Tournament type: Biggest win on a single spin

In this type of tournament, win the highest value single spin amount relative to your bet amount. It is a little fairer, due to the condition that you do not have to have an astronomical bankroll to win. In addition, bet size does not matter either, because it is the ratio that counts. For example:

• Win €1 / bet €0.20 – your score is 5 (1 / 0.20)
• Win €100 / bet €20 – your score is 5 (100/20)

1. Play with the minimum bet

As has been said, size does not matter. It only depends on the ratio. The more bets you make, the higher the chances of the big win. Do not play through your whole bankroll with high bets if you can make more little ones.

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2. Play on slot machines with higher payouts

Before you start the tournament, check out all the available slot machines and their payout tables. Does one slot offer a 2000-unit pay for three cherries and a €5 bet and another one 2200? Play with the machine with the higher payout ratio. Winnings will not strike as often, but they will be higher and you will get higher points. That is what counts.

What to be careful about when playing online slot tournaments

Just like with every other casino promotion, you should thoroughly review the Terms and Conditions. Especially focus on:

Registration Deadline and Tournament Duration

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Although it may seem like a sure thing, players are wrong in this too. And it’s pretty upsetting not to participate in a tournament just due to late registration.

Which slot machines are eligible for the tournament?

Also, pay extra attention to this. There is no reason to play slots that are not in the tournament.

Winning criteria

In this article, we have described the strategies for the types of online slot tournaments that are the most common. You can also meet with exceptions and the winner can be evaluated according to other criteria. Keep in mind that different rules require a different strategy.

What is a prize pool and how will it be divided?

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€5000 is pretty awesome, but if it is divided among 50 players, even the winner barely receives a few hundred. It makes no sense to spend €1000 in a tournament if the prize money is only €500.

What can you do with the tournament prize?

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What will actually happen when you win? Some online casinos pay tournament rewards as bonus money and are subject to wagering requirements, which further reduces their value.