Slots Penny, penny what penny?

I remember when penny slots were introduced and the majority of them were 9 line. so. a person could sit and actually bet .09 per flip and play quite a while on a $20.
More and more I am seeing only 30+ lines on penny machines. So if I am betting .30 per flip or even .40 per flip would I be better off playing the quarter machines?
I like the penny machines and the cute bonus's and sometimes I can double my money betting .30 per flip. But, the odds makers say the odds are better on quarter machines.

Just seems like the penny machines are getting pretty pricey.

 

I remember reading "The higher the denomination
the better the payout."
.
I get a kick outta the people who write -
"I only play penny slots."
Well, some of those 'penny' slots can
amount to $5 a pull !

 

I found the following website useful. Scroll down about 2/3 of the page for the Las Vegas slot statistics.

http://www.americancasinoguide.com/slot-machine-payback-statistics.html

 

Seems like the best thing to do on the strip is play the $25 slots

 

Does this include VP?

 

lots of 9 lines, 1 per line downtown.

my favorites are the hot roll ones at binions and plaza.

 

Good question. But I don't know the answer.

 

if the payback percentage is approx 89 % for an example only and that is on penny's, on a multi denom machine if I change to nickels or dimes does the payback percentage go up as listed in the percentage tables or do I have to be playing a nickel or dime machine.
curious

 

It can be, but it doesn't mean it has to be...

You could sit down at a "Texas Tea" machine, as an example, and maybe you can set the credit denomination to 1c, 2c, 5c, 10c and 25c and the payback could be different for every level, but at the same time it could also be the same... it really depends on how the casino has the machine set.

 

ok thanks...wish it was a better payoff percentage as I changed it....but will live with the unknown....

 

Penny, penny, what penney?

I have always wondered the same thing. Last year, my wife and I played once a day at a dollar machine for $20 worth, during a five day stay. We won zilch. My take on slots is: only play for fun and figure whatever you play you will eventually lose.

 

I live with the assumption that any machine with multiple denominations is set for the lowest - usually a penny.

I have found that similar machines in the high limit at $1 each tend to pay a bit better. Of course, the min play is often $9 or more. But, it does pay if you can live through a few hundred in losses.

 

Yes, the numbers quoted by the ACG are for all electronic machines, meaning it lumps slots, keno and video poker together. I think that explains the higher payback rates at the local casinos, which have many more video poker players.