Top 5 biggest online slot jackpot wins
Sources state that the second-largest slot win was $22,095,046 and that it took only 25 cents to achieve.
Slot players can't expect to cash in jackpots of this size regularly, or even ever. But are there ways that one can tell whether a slot game is about to yield up the pot?
Slot machine enthusiasts have tried to figure out how to tell if a slot machine is ready to pay for decades. Back in the day, before the digitization of slots, determining if a physical machine was "hot" or not was a little easier.
However, even though it has gotten harder to see the signs of a hot machine, there are still some smart methods you can follow to maximize your chances of winning.
Read on to find out how to tell if a slot machine is ready to pay.
Go for Higher RTP Slot Games
How do you know when a slot machine will hit the jackpot? It's almost impossible to tell. However, one thing you can do is make sure that the odds on your side.
If you want to learn how to make money playing slots, one of the first tips is to go for higher RTP slot games.
Let us explain.
RTP stands for "return to player." Every slot machine game has a return to player rate. This is expressed in percentages.
The return to player rate indicates what percentage of winnings a machine keeps and what percentage gets given out as jackpots and wins. Most slot machines, whether online or physical, have an average RTP percentage of 90-96%.
One way of stacking the odds in your favor is to select slot games with higher than average RTP rates. Anything over 96% is a good bet. By selecting machines and games with higher RTP rates, you are ensuring that you are playing more generous machines/games.
However, how does one find out the RTP of different slot games? The key to this is research.
Online gambling sites won't publish the RTP rates of different games. However, if you do some digging, you will probably find review sites that can give you insight into the RTP rates of individual games.
This strategy won't allow you to see if a game is ready to pay out—but it will stack the odds in your favor.
Watch for Announcements of Big Wins
Another way to ferret out big payout slots is to keep your eyes peeled for big win announcements on online casino sites. Most sites will post announcements of the latest jackpots.
The reasoning behind this is that slot games go through streaks. Most gamblers call these hot and cold streaks. If a game has gone cold, there is a chance that it will continue to be that way for a certain number of plays.
On the other hand, a game that has entered a hot or winning streak is likely to produce a number of wins before it goes cold again.
At the same time, a game that has paid out a big win, or a series of wins, is not likely to yield up all that much afterward. Therefore, games that have recently paid out a jackpot should be left alone for a while.
This is where casino jackpot announcements can come in handy. If you find out that a particular machine or slot game has just paid out big, earmark it as one to avoid for a time.
This can help you to avoid getting stuck on cold streak games.
Don't Leave a Game After the First Win
As mentioned above, slot games often display hot and cold streaks.
Because of this, it can be a good idea to keep playing for a bit after you encounter a win.
Many will advise that as soon as you make a win, you should either quit playing altogether or move onto another machine. If you are on a machine that has just entered a hot streak, then this is the worst thing you could do.
Often, the best strategy is to continuing playing until you can be sure that the game truly did give you a random win, and is not entering a hot streak.
Don't Overstay Your Welcome on a Slot Game
It can be a good idea to stick with a game that has yielded a payout. However, if a game has gone cold, it's generally a good idea to switch to another slot game.
If you continue spinning on in the hopes of another win, you may end up losing most of your balance. Therefore, if you get the feeling that a game has played itself out and is entering a cold streak, get out while the going is good.
Consider High Denomination Slots
Some slot experts claim that higher denomination slots average more in winnings than lower denomination slots.
This is not a hard and fast rule. However, it is a strategy worth testing out if you have an appetite for risk.
If you choose to play high denomination slots, you must keep tabs on your balance so as not to wipe yourself out. Manage your credits well. Otherwise, you might overspend yourself.
Want to Know How to Tell If a Slot Machine Is Ready to Pay? Try These Tips
Knowing how to tell if a slot machine is ready to pay is not an exact science. There is no way that one can say for sure whether a slot game is about to yield a win or not. Gambling is, well, gambling.
However, by trying out these tips, you may increase your odds of hitting a hot game.
Are you ready to play? If so, go and check out our array of exciting slot games.