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Someone wrote to me with this question - Concerning the % payout on penny machines through $25.00 ones, Does this mean I can play a 25cents machine and higher for the better payouts or can I simply play 50cents and more on a penny machine to increase the odds? I do play penny with 50c bets but can't help wonder if there's a difference with a machine with a bigger minimum denomination to play. Thank you for whenever you can get back to me.
My answer is as follows - The machine doesn't care how much you bet. Whether you bet the minimum, or the maximum, the result of the spin would be the same. It is the pay table on the machine that would determine how much you would be paid. Generally, a slot machine will simply double your payoff if you double your bet, triple it if you triple your bet, etc. We have a video about when it is best to bet maximum coins and you can see it here - https://youtu.be/s3jIVLyWdVs
If you play a penny machine making a maximum bet will not increase the payback percentage. In your case, let's say the max bet is 50 cents (which would be rare). Whether you bet one cent, or 50 cents, the payback percentage would not change. However, if you never bet enough to be eligible for a bonus round then the payback percentage would be even lower because part of the overall payback percentage is tied up in the bonus round. Therefore, it is usually best to bet just enough to be eligible for the bonus round on any game you play.
If you played a penny machine with $5 max bets, say 50 lines at 10 credits per line, then you would be better off switching to a $1 machine, betting $1 per line on its five line paytable. The reason is that the payback percentage will be higher on the $1 machine.
My answer is as follows - The machine doesn't care how much you bet. Whether you bet the minimum, or the maximum, the result of the spin would be the same. It is the pay table on the machine that would determine how much you would be paid. Generally, a slot machine will simply double your payoff if you double your bet, triple it if you triple your bet, etc. We have a video about when it is best to bet maximum coins and you can see it here - https://youtu.be/s3jIVLyWdVs
If you play a penny machine making a maximum bet will not increase the payback percentage. In your case, let's say the max bet is 50 cents (which would be rare). Whether you bet one cent, or 50 cents, the payback percentage would not change. However, if you never bet enough to be eligible for a bonus round then the payback percentage would be even lower because part of the overall payback percentage is tied up in the bonus round. Therefore, it is usually best to bet just enough to be eligible for the bonus round on any game you play.
If you played a penny machine with $5 max bets, say 50 lines at 10 credits per line, then you would be better off switching to a $1 machine, betting $1 per line on its five line paytable. The reason is that the payback percentage will be higher on the $1 machine.
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