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+--- Thread: You can play online slots for as little as a penny per spin (/showthread.php?tid=101453)
You can play online slots for as little as a penny per spin - miniming - 02-02-2024
You can play online slots for as little as a penny per spin, and certain land-based games for PGSGAME as little as a quarter per round. But your losses can be significant when considering that slots often have higher house edges than other games.
Most online slots feature between a 3% and 5% house advantage, while land-based machines have between a 4% and 10% edge. You can obviously see some discrepancy between your chances of winning with online and land-based slots. But in both cases, you want to be mindful of your play rate so as to minimize losses.
Here’s a look at how much you can expect to lose with the average online and land-based slot machine based on the play rate:
Online Slot
- You bet $1 per spin.
- You perform 600 spins an hour.
- The game’s house edge is 4%.
- 600 x 1 x 0.04 = $24 in theoretical losses per hour
Land-Based Slot
- You wager $1 per spin.
- You perform 600 spins an hour.
- The game’s house advantage is 7%.
- 600 x 1 x 0.07 = $42 in theoretical losses per hour