The $100 Slot Challenge
By Tony R Frank,
“You have $100 to bet at a casino… your challenge is to double your money. How would you tackle this challenge?”
Is there a strategy for doubling a $100 bankroll playing slot machines? If you assumed that slots are purely a game of luck, I’ve got news for you. Instead of playing haphazardly and hoping for the best, you can use methods that give you about as good a chance as if you were to plunk down $100 for even-money betting at your favorite table game.
First I would pick the right machine. Some slots give you a good shot at meeting this challenge while others are more likely to steal all your money. The most important feature when choosing a machine is the pay table. Too many players are attracted to a slot machine dangling the carrot of a huge jackpot. Others pick one simply because its big and shiny and looks enticing.
Large jackpots mean fewer smaller payouts. Big winners’ fortunes are financed not by the casino but by many losers. It is better to select machines with small to moderate jackpots. For the same wager, you have a much better chance of winning 800 coins than you would have chasing 20,000 coins.
Also avoid slots where half of all possible payouts are in the 2, 5, 10 and 20 coin range. Although you might get frequent wins, the amounts aren’t big enough to prevent your bankroll from slowly but surely grinding down to zero.
The best strategy for meeting this double-your-money challenge is to look for a single pay line, two-coin machine with a modest jackpot and a pay table featuring a good range of medium sized prizes. casino table games