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Watching Pay Tables
This is a very valuable trick. Monitor the machine's pay table and note the frequency of the machine turning out a winner. If a machine has a large number of combinations, it is going todeliver small wins. Others will have low hit frequency but will deliver bigger wins.
Choosing The Right Game
All online casino slots are fun to play. Yet the differences in game play between them mean that each of them has something different to offer. It is worth the effort to look around and searchfor the right casino before spending any money. You should always go with a plan as to just how much you are willing to spend in a single night out. Also, think about how you want to win. If you want to go slow, play for longer periods and more often and are happy with smaller payouts,you should go for an online slot game that promises a variety of small and medium sized payouts.However, if you are willing to bet it all for hitting the big one, then you are better off with progressive online slots.
Go For Machines With Smaller Coin Size
In case things aren't going the way you would want them to, you should consider switching to an online slots game that permits you to use coins size of different notations. Many online slotsallow you to do so. As a rule of thumb, you are more likely to win if you play for longer periods. Plus, you can always move to a higher stake game when you are winning. You increaseyour chances of winning a jackpot by simply playing longer.
Setting Aside at Winning
Once you hit a jackpot, always remember to lock up a share of the booty. What that means is that you should separate out your initial playing stakes as well as some profit. Play with a small percentage of your win. Enjoy your wins rather than keep playing until you loose everything you won.
Search for Better Payout Ratios
This is the most certain strategy for increasing your chances of winning. Research carefully through advertisements and inquire with slot managers on their payout ratios. This is important because payout Ratios can vary greatly between games as well as between casinos. Look out for an online casino slot that pays in the range of 95% to 97%.
You should always keep an upper limit in mind with regards to how much you are willing to spend before playing and make sure you stick with your limits. Never play with any credits you have received while playing. Never bring money to casinos that you might have set aside for other expenses. You may want to break down your total initial amount into several playing sessions. Don't risk everything you have on a single playing session.
Keeping Records to Save From the IRS
If you win a $1,200 jackpot or more, it is reported to the IRS for taxing. You can decrease your taxes by keeping an accurate gaming log If you hit a jackpot over $1,200, you will be given a W2-G and your winnings will be reported to the IRS. If you keep an accurate gaming log, you can show the losses you incurred while playing to decrease the tax on your winnings.
Strategies For Progressive Machines
These machines offer larger jackpots. The big jackpot is made by taking a percentage for everything that is played in the machine. The only way to increase your chances of winning is to play the maximum number of coins. You shouldn't play this game if you do not intend to use this strategy.