Being a winning slot machine player is possible. But all slot machines are created specifically in order to offer the house a long-term edge, so the house will come out ahead if you play long enough. The only real way to counteract the home edge on slot machine games is to play a game with a really big jackpot, bet the max every time you play, and hope that you hit the jackpot. Then when you do hit the really big jackpot, guess what you need to do next? Stop playing that game.

Do not get me wrong. I am not proclaiming that you shouldn’t play slot machines. In reality, I think slot games, especially the good ones, are a lot of fun. But you want to keep in the forefront of your thoughts that mathematically, what you are doing when you are playing a quality online slot machine on a long term basis is paying for entertainment. You can calculate how much you are paying for that entertainment by multiplying the home edge times your average bet times your number of spins by the hour.

As an example, for anybody who is playing a slot game with a payout of 95%, then the house edge is 5%. (The casino keeps 5% of every bet you make long term.) And if you are average bet is $3, then you’re going to pay the average of 15 cents per spin to the house. (5% times $3.) Assuming you’re making 500 spins every hour, that game costs you $75/hour to play, which may or might not be a reasonable price for you entertainment. That relies upon your bankroll.

Something else to factor into your calculation is the amount the perks and bonuses you are getting back from the casino are worth. When you are playing in a land-based casino where you’re getting free drinks while you play, then you can subtract the price of those drinks from you are hourly cost. (Or you may add the price of those drinks to the value of the entertainment you are receiving–it’s just a matter of perspective.) My recommendation is to drink top-shelf liquor and premium beers to be able to maximize the entertainment value you’re receiving. A Heineken can cost $4 a bottle in a nice restaurant. Drink two Heinekens per hour, and you’ve just lowered what it costs you to play each hour from $75 to $68.

Slot clubs also give back a portion 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 is absolutely no reason not to do this. Casinos also reward their larger slot players with comps like meals, show tickets, and free rooms, which all add up to reduce the total amount of money you are spending each hour that you’re playing on their machine.

So, just how to be a winning slot machine player? I’d sum it up by saying know just how much it’s costing you to play each spin and each hour, take advantage of all of the comps and also the perks, and go for the big progressive jackpot.