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Can You Be an Advantage Online Slots Player?
Online slots seem like the last type of game that you can beat with skill. After all, they involve spinning reels over and over and waiting for fate to do the rest.
Another roadblock to beating online slot machine games is that they�re based on software. Unlike card counting in land-based casinos, for example, online casinos can easily program slots to avoid providing an advantage.
Nevertheless, you might be surprised to know that you can beat these games in certain instances. You just have to find an opportunity and take advantage.
I�ll cover a couple of examples of players winning big profits through online slots. But first, I�ll discuss more on why people think these games are so difficult to beat.
Why Do Gamblers See Online Slots as Unbeatable?
Certain table games, like baccarat and European roulette, see you win around half the time. You�ll experience many winning sessions with these games as a result.
Online slots differ, though, because they�re among the most volatile games in the casino. You�ll lose far more times than you win in any given session.
Of course, internet slot machines are still programmed to pay back at a reasonable rate. You can expect to win around 96% of your money back with the average online slot.
But the volatility is the problem. The only reason why you can win back 96% of your money (or more) is because you�ll occasionally hit big wins.
Considering that these large wagers come so infrequently, you�ll be losing quite a bit up until these points.
You may eventually think that online slots just can�t be beaten unless you hit a jackpot.
But as I�ll cover throughout this post, you can win with these games under the right circumstances.
Slots Bonuses Can Sometimes Result in Profits
make profits through slots is to combine your winnings with a favorable bonus. The good news is that most online casinos offer a number of deposit bonuses.
But you can�t just take any deposit offer and win money with it. Instead, you need to find the perfect circumstances.
The first element you need is low wagering requirements (playthrough), which refer to how much must be wagered before cashing out a bonus.
The second crucial aspect involves what games you can play to meet playthrough. Online casinos typically place restrictions on their top-paying slots when it comes to bonuses.
They may offer games with 98% return to player (RTP). However, they�ll either restrict or outright ban these games from counting toward wagering requirements.
I should warn you that the majority of the time, you�ll be dealing with bonuses that offer negative expected value. Casinos expect some players to win profits thanks to bonuses, but they still want to beat the average gambler.
You can win theoretical profits under the right circumstances. Here�s an example:
- You qualify for a $500 bonus.
- Wagering requirements are 35x.
- 500 x 35 = $17,500 must be wagered
- You find a slot with 98% RTP (2% house edge) that�s not restricted.
- 17,500 x 0.02 = $350 theoretical loss
- 500 � 350 = $150 theoretical profit
The best place to find favorable bonus deals like these is in newly regulated markets. When Pennsylvania begins offering legal online casinos, for example, it�ll feature plenty of lucrative offers.
These are the markets where gaming sites do everything they can to grab customers. They�re willing to lose a little money on bonuses as long as they recruit numerous players.
You won�t, however, have as much luck in regulated long-standing regulated markets (e.g. the UK) or offshore markets. The latter, which includes most of the US, are among the stingiest when it comes to bonus deals.
You Can Occasionally Find Flaws in Game Designs
When you think of an advantage gambler, you probably envision a card counter or somebody with similar skills. These are the players who can make consistent profits through their abilities rather than just bonuses.
Unfortunately, internet slots don�t offer a consistent advantage gambling technique like card counting. But opportunities do occasionally arise for a limited time.
Case in point, a group of New Jersey gamblers once made well over $1 million by exploiting flawed designs in online slots.
In 2019, a New Jersey gambler named �Jay� found an advantage through IGT�s Ocean Magic slot. Just weeks later, he also discovered a flaw in IGT�s Golden Egypt.
Jay asked a casino actuary to run the numbers on the games� profit potential. The group discovered that they could gain a massive advantage with both games.
They used this knowledge to earn a combined $1.4 million. Both slots were quickly pulled from NJ online casinos in the aftermath.
As for Ocean Magic, it featured �climbing wilds� that moved up one space after each spin. The wilds would eventually exit the screen at the top.
Jay discovered that if he switched his coin denomination, a climbing wild would always return to the original bottom position. In reality, it should�ve continued climbing regardless of the betting action.
The group continued playing Ocean Magic and making money until it was finally removed. They were able to win $900,000 before the casinos finally caught on.
Just six weeks later, the team found a similar flaw in Golden Egypt. They exploited this imperfection to the tune of $500,000.
An Advantage Slots Player in Land-Based Casinos
online slots play is that it depends entirely upon rare situations. Stories like the one covered above don�t happen very often in the internet gaming industry.
Therefore, you�ll be spending a lot of time researching and waiting for opportunities. You have a much better chance of winning profits in land-based casinos.
Brick and mortar venues provide the opportunity to win consistent slots profits through two types of games:
- Banking slot machines
- Mystery slot machines
Banking machines feature a meter that gradually fills as you earn scatter symbols. Once the meter reaches the top, a bonus will be released.
You can earn positive expected value (+EV) by jumping on each one of these games when the meter is almost full. You aren�t guaranteed any profits, because you still need the missing scatter symbol(s) to earn the bonus.
You may even lose plenty of money in the beginning due to volatility. However, you�ll win profits eventually if you continue to play these games at the right moment.
A mystery slot machine features a progressive jackpot that pays at a predefined amount. For example, one of these slots may deliver its jackpot at exactly $500.
This is another situation where you can make guaranteed profits by playing at the right time. Generally speaking, you want to find open mystery slots when the jackpot is almost at its payout point.
Just like with banking slots, you�ll earn guaranteed profits with mystery jackpot games by continuing to capitalize on favorable opportunities.
Conclusion
Should you bother pursuing a professional slots career?
The thought of hanging out in casinos, playing fun slots, and winning money may sound exciting. However, it�s probably more of a grind than a regular job.
First of all, you don�t have a realistic shot at becoming an advantage online slots player. Not enough opportunities arise to where you can earn guaranteed profits.
The New Jersey story was an isolated incident that allowed a few players to get rich. However, these occurrences don�t happen often.
Your best bet for becoming an advantage slots gambler is to target land-based casinos. Specifically, you want to play banking slot machines and mystery jackpot games.
Each of these slots can deliver guaranteed profits when you keep playing at the right times. But the problem is that not everybody leaves their machine when a bonus or jackpot is ready to pay.
Furthermore, you have to deal with other gamblers who have the same idea. Professional slots players hang out in casinos and watch for profitable situations like a hawk.
You may find comfort in pursuing other types of professional gambling, such as card counting, daily fantasy sports, esports betting, poker, or sports betting.
Of course, I�m not trying to stop you from becoming an advantage gambler if this is your dream. But you also have to consider the downsides.
With online slots advantage play, the biggest downside is that it�s nearly impossible. Too much relies on design flaws.
https://www.gamblingsites.org/blog/can-you-be-an-advantage-online-slots-player/
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