New and Improved Slot Page

I just completely rewrote my slot machine page. The old was primarily explained 3-reel single-line slots, which are becoming dated. The old page was perhaps also a bit too math heavy. In case anyone is interested, I moved most of the old page to slot machine appendix 6.

So, please have a look. As usual, I welcome comments, corrections, and suggestions.

"The higher the denomination, the better the odds. For that reason, it is better to play one coin per line on a 5-cent game than 5 coins per line on a 1-cent game."

Do you mean its better to play one 5-cent credit
per line on a 5-cent machine, than 5 cents per
line on a 1 cent game? Why is that better?

because the higher the denomination of slots, the better the paybacks generally become.

Slots are still a terrible play, but slot machines at the $.05 denomination will have a higher EV than a penny slot. In the same vein, slot machines at $.25 denominations have higher paybacks than $.05 slots. And so on.

But you're also investing more, I don't see the difference.

Quote: EvenBob

But you're also investing more, I don't see the difference.

Maybe I explained it badly, but you're not. The question is whether it is better to make a bet of five pennies or one nickel. I say one nickel, because as you move up in denomination the return gets betters. The player betting five pennies is going to get the lower 1¢ return. Let's look at an example.

Casino X sets their 1¢ games at 90% and 5¢ games at 92%.

Expected loss of 5¢; bet on a 1 ¢ game = 5 × $0.01 × 10% = 0.5 ¢
Expected loss of 5¢; bet on a 5 ¢ game = 1 × $0.05 × 8% = 0.4 ¢

My wife is hooked on the penny slots, even though
every bet is .75 cents. Would she be better off playing
.75 on the quarter slots?

Quote: EvenBob

My wife is hooked on the penny slots, even though
every bet is .75 cents. Would she be better off playing
.75 on the quarter slots?

Absolutely!

I'll tell her, but the 1 cent machines have so
many whistles and bells and the quarter
machines are boring by comparison. She'll
be drawn back to the penny machines like
a magnet.

This is the issue with slots. If i get a slot play freeplay, I realize that the EV is higher on higher denom machines, but I find the pennies so much more fascinating that the difference between say $18.00 in EV and $15.00 or $16.00 is more than made up for in entertainment value for me personally. Just to watch some of the bonus games is quite a lot of fun, though I am careful only to indulge in these guilty pleasures with casino funds.

Quote: duckmankilla

Just to watch some of the bonus games is quite a lot of fun.

Thats whats got my wife hooked, the bonus
spins. She'll blow a hundred bucks just trying
to get 'one more bonus'. I want to throttle her.