Being a profitable slot machine player is impossible. All slot machines are specifically made in order to give the home a long term edge, so the home will always emerge ahead if you play long enough. The only real solution to counteract the home edge on slot machine games is to play a casino game with really a big jackpot, bet the max every time you play, and hope that you hit the jackpot. When you do hit the truly big jackpot, guess what you do next? Stop playing that game.
Don’t get me wrong. I’m not saying that you shouldn’t play slot machines. In fact, I believe slot games, especially the truly good ones, are lots of fun joker true wallet. But you intend to keep in the forefront of your mind that mathematically, what you’re doing when you’re playing a slot machine on a long term basis is paying for entertainment. You can calculate just how much you’re paying for that entertainment by multiplying the home edge times your average bet times your number of spins per hour.
Like, if you’re playing a slot game with a payout of 95%, then your house edge is 5%. (The casino keeps 5% of every bet you make long term.) And if you’re average bet is $3, then you’re going to cover on average 15 cents per spin to the house. (5% times $3.) Assuming you’re making 500 spins per hour, that game costs you $75/hour to play, which might or might not be an acceptable price for you entertainment. That depends on 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’re getting free drinks when you play, then you can certainly subtract the cost of those drinks from you’re hourly cost. (Or you can add the cost of those drinks to the worth of the entertainment you’re receiving–it’s just a matter of perspective.) My recommendation is to drink top-shelf liquor and premium beers in order to maximize the entertainment value you’re receiving. A Heineken can cost $4 a container in a nice restaurant. Drink two Heinekens an hour or so, and you’ve just lowered what it costs one to play each hour from $75 to $68.
Slot clubs also give back a percentage 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 complete this. Casinos also reward their larger slot players with comps like meals, show tickets, and free rooms, which all total up to reduce the amount of money you’re spending each hour that you’re playing on their machine.
So how to be always a winning slot machine player? I’d sum it down by saying discover how much it’s costing one to play each spin and each hour, take advantage of all the comps and the perks, and go for the big progressive jackpot.