Most slot players lose money! That's why casinos love slot players, and why slot machines are cash cows for casinos, and why casinos have so many of them!
Here are 5 costly ways slot players lose money, and if you are one of them, stop doing these things!
#1 PLAYING TOO FAST!
The average slot player hits the spin button about every 6 seconds which is 10 times a minute? Why so fast? The slot machine is not going anywhere, and you're not limited to the time you spend on it.
Based on the above, even if you're playing a penny machine and betting the minimum, normally 30 cents, your spending $3.00 a minute which comes to $180 an hour! Most of the time you will not win anywhere near that amount, which is why playing fast is a sure money loser! So slow down your play!
#2 PLAYING THE PENNY SLOTS!
The penny slots offer the worst payback of all the slot machines! The payback on the quarter and dollar slot machines are much better, so play those instead.
#3 STAYING TOO LONG AT ONE MACHINE!
If the machine you're playing does not give you a winning spin within the first 5 to 7 spins, it it time to move one. Hoping that a machine will start producing winning spins, is a sure way to lose money on slots!
# 4 TRYING TO WIN FREE GAMES!
This is another sure money loser! Free game awards are a random occurrence on slot machines, but slot machines offer, quite frequently, what are known as "teaser results" where 2 of the normally 3 required symbols show, and then the remaining reels go through some wild spin action, to see if the third symbol appears, and of course most of the time it does not! However, this action is designed to make you believe you were close to winning free games, and hopefully keep you playing. Do not be fooled! The number of times the 3rd symbol shows is less than 1 in 100. Normally, when the free games are awarded, the 3 required symbols all appear together at one time!
#5 CHURNING!
This is the biggest money loser of all, but slot players continue to do it, and if you are one of them, please stop! Churning is simply playing through your winnings in the hope of winning some more, but most of the time you just lose what you have won, which is why casinos love churners!
Instead of churning, what you should do is cash out, and then if you want to continue playing the machine, put a small amount back in and play through that. For example: Say you win $100! Immediately cash out, and put back in $20 or $30, and if you play through that without winning, leave the machine. You're leaving $70 to $80 ahead! Too often I see players churn through a $100 win, and leave disgusted, when it was their own fault they lost! So do not be a churner!
