Do you want to win a 60-thousand-dollar slot machine jackpot? Are you sure? What’s your plan in case you do win? From making the bet to income tax preparation, I’ll go over everything you’ll need to be prepared for. Like, how many $100 bills can you carry without being obvious? And, is there a legal way to not pay income taxes?
Too often, a beginner slots player gets lost, figuratively and literally, the first time they enter a casino. It can take a while to learn how to play slot machines. Plus, it isn’t in the best interest of the casino to help. Here, I explain the basics of slots from a bit of history, the Golden Rule, and what comes next.
Video poker is skill-based slots. So, to win at video poker means perfect play and the best paytables. But, next, try applying my winning slots strategies as they can also take advantage of how casino operators have set up their video poker machines. Here, I show how to apply my winning slots strategies to video poker.
This Q&A article is based on an email from Lyle, which led to discovering Wendover High Payout Returns. For $25 slot machines in Wendover, per statistics available from the state of Nevada, payout returns over 100% existed over the summer months. I provide Lyle with advice and performed further analysis for my readers.
The 130+ year slot machine history helps us understand the future of slots, including technology, popularity, and regulation. From Charles Fey in 1887 to centralized computers in modern casinos, learn the origin of pay tables, bar reel symbols, the RNG, and who did what when for the gaming machines we love to play.
Much has changed in the gaming industry over the last 10 years, with so many more casinos available closer to home for most people. One important aspect that has not changed is the Five Ways Nevada Leads World Gaming Industry. Nevada’s leadership role is important as your state’s gaming regulations should matter to you.
Knowing what you’ve won and lost at slots is advantageous, so keeping gambling records is important for slots enthusiasts. This includes using gambling losses to possibly get a tax refund as well as being able to analyze your overall gambling performance over time. Caution: Can your gambling deductions be applied locally?
Six small but important topics of interest have been collected over the last 5 months. These extras include now having an Alexa Skill as a podcast destination, “merch” for advertising, books, email subscriptions, and a voicemail hotline at 937-696-0086 to promote community and functionality for my Professor Slots business.
A slot machine’s performance is all about its theoretical payout return setting, while actual slot machine payout returns are its historical play results. Payout returns are how much a casino returns in winnings divided by total bet. Actual returns are sometimes reported to state-run gaming commissions, and may be public.
Can you guess who controls slot machine odds is answered with: the machine, the casino staff, both, the state for VLTs, and by Progressive manufacturers. Casinos with control over slots tinker with the odds of winning to improve financial performance, which just so happens to generate winning patterns to be exploited.
Casinos give away free stuff to members of their players clubs: free slots play, shorter lines, comps, travel, hosts, and events. The higher the tier level, and the greater the amount of recent play, the higher the value of this free stuff. But, is it truly anything you want? Remember to stay focused on your goals!
Accepted legal gaming classifications are available to state gaming boards to restrict which class of slot machines can be used in a casino or other gaming area, specifically Class I (tribal ceremonies), Class II (bingo), and Class III (for everything else, including Las Vegas style casino games).