Can You Make Money Off Slot Machines
- Can You Make Money Off Slot Machines Jackpots
- Can You Make Money Off Slot Machines Online
- How To Make Money Off Slot Machines
'Slot machines are usually adjusted to pay out as winnings 75 to 98 per cent of the money that is wagered by players. It is known as theoretical payout percentage or RTP (return to player).' Since there are no games with an RTP of 100, you'll have to settle for something lower than that.
A very common question that I get from people who are interested in advantage playing slots is how much money can I make? I’ll be straight up with you. It’s impossible to give a direct answer to that question. I know slot hustlers who barely make enough to pay their rent. I also know hustlers who regularly make more than $500000 a year. There are a variety of factors that will determine how much you can make. Here are the biggest ones that I can think of.
- Let’s talk about how you can make playing slot machines less expensive in the long run. The first and easiest way to reduce the amount of money you lose playing slots is to slow way down. The biggest factor determining your hourly expected loss is the number of spins you make per hour. Really fast slots players can make 1200 spins per hour.
- But such a small percentage of players make money that the truth is that you should probably forget the idea. Slot machines are designed to guarantee, or lock in, a long term profit for the casino. Each machine is programmed to pay back a certain percentage of every dollar wagers and keep the rest for the casino.
Machines
This one is pretty obvious. If there are few, if any advantage machines in a casino like Ocean Magic, Golden Egypt, Scarab or others, you won’t make much money. Some casinos are absolutely loaded with these types of slots you’ll feel like a kid in a candy store.
Can You Make Money Off Slot Machines Jackpots
Competition
What you are capable of earning may be affected by how many other people are trying to do the same thing you are. Some of us get lucky & have a casino with little, if any competition. Whereas a place like Las Vegas with their many casinos & advantage machines obviously has a ton of slot hustlers which may make things difficult.
Bankroll
What are you working with? When I started doing this I had next to nothing. This put me in a significant disadvantage against the other advantage players because I was limited in what I could go after. Most must-hit by progressives were out of the question in the beginning because I couldn’t risk a big loss or busting out without hitting it. But don’t fret if your starting bankroll is low. Just be cognizant of it & hopefully someday you’ll be able to play for the big bucks.
Time
How much time are you willing to put into this? Some people view advantage playing slots simply as a hobby or a part-time job. They go to the casinos a few times a week & never spend more than a few hours each session. These types in my experience are usually the most easy-going hustlers because their entire existence doesn’t depend on casinos. On the flipside there are the hardcore hustlers who make this their entire life. No exaggeration, their entire life. These people are in a casino almost all day, everyday.
Discipline
What is your goal? Hopefully it’s to make a substantial profit over the long-term. But what do you do when there are no advantage machines in a playable state? Do you remain patient or do you break & start playing non-advantage games? What happens when you lose or take a bad beat? Do you brush it off & move on to the next play or start gambling on random machines in an effort to get back those losses?
Can You Make Money Off Slot Machines Online
How disciplined you are will go a long way in determining how successful you are at slot hustling. Just about all slot hustlers are pretty good at making money. But many of them do a poor job of holding onto it. After all most slot hustlers started off as your average, run of the mill gambler before figuring this stuff out & many often fall into some form of gambling trap. They may love to bet on sports, play at the tables or maybe have a favorite machine but I personally know too many hustlers who should be living comfortably but are grinding everyday because they keep blowing their winnings. Don’t be like them.
How To Make Money Off Slot Machines
With that said it is my hope that new advantage players will gain insight & develop a realistic expectation to how much can be made given their situation. This lifestyle isn’t for everyone but for some it could be everything they could ever dream of in a casino & more.