Casino slots reddit

The main drawbacks to this play in my experience: clocking these machines for the optimal wong-in point is time-consuming. The play can't be scaled up and the variance is high relative to bet size. One thing worth mentioning is that generally speaking, you aren't taking money out of the pockets of the casino. You are usually taking advantage of the other gamblers who are losing money to build up some feature, such as a progressive jackpot. A VP progressive is the simplest to explain. If the base game without the progressive returns perhaps 98.5% with optimal play, but the once you know the games, they are fairly quick and easy to scout, so even though they aren't worth much, I'll still take a quick look while I'm in the casino. I will often scout machines when I wong out of a BJ game or while I'm waiting for the right conditions on other games. If I'm playing poker, I'll get on the list and go check the machines, and every so often when I need a break to walk around and stretch, I'll walk back by the machines again. One place I play has 46 slot machines that are beatable, but last time I was there, only one was +EV, it was only worth about +$10-15, and someone was playing it. Most places I go have fewer than 10 machines even worth looking at. Generally, if I'm on the road somewhere, I tend to pick up enough EV off of machines (including VP) to maybe cover my room expenses if I'm lucky. Aside from the relatively low EV, the other issue for many people is variance. Different machines/plays have different risk profiles, but in general the variance is going to be high. The bottom line is you're still playing a slot for some significant number of spins, often at max bet, so you will have high variance. For a $100 EV play, it's typical for the standard deviation to be on the order of $500-1000 or more. Overall, that's a decent bet if you have a sufficient bankroll, but I've seen people that didn't understand the risk attempt to take down a play without having the proper bankroll and go busto because of it..0025 of every dollar that goes through the machine (0.25%) gets added to the progressive and the slot club card returns another 0.25%, the overall return if you played it forever with perfect strategy is 99%. However, occasionally the progressive will get high enough that the game is +EV, and we only play it then. We are taking advantage of the fact that civilians played the game when it was -EV and built up that jackpot for us. Even if we do this regularly, the house still makes their 1% on average (if everyone plays perfectly), but we profit and everybody else loses more as a result. It is similar on most slot plays. They house still makes the same amount, but we win a little bit by taking advantage of people who have lost more than their EV and built up some feature that through nothing but luck/variance, and sometimes through lack of understanding of the game, it didn't hit for them. Since we know what triggers these payouts or bonus features, we can identify the point when the machine becomes +EV, similar to the progressive VP example. Also like the progressive VP example, the games usually aren't +EV and we are looking for the somewhat uncommon situation where the machines meets our criteria to identify it as +EV.

Casino slots reddit

"time after time, people ask what I do, and when I tell them, they laugh in disbelief. Anyone can beat certain slot machines if they understand +EV (positive expected value). Like in poker and stock trading, a person can calculate variables and deduce whether or not something is worth investing time and money in. Advantage slot player is the official job title. I've traveled the country and played in many casinos. I've been homeless, broke, depressed and then the next day on top of the world. I've recently decided to make instructional videos for anyone interested. I can provide as proof, free of costs. Ask away."

Seems legit to me

Maybe chainsaw can chime in and let us know if this guys legit or not.

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"time after time, people ask what I do, and when I tell them, they laugh in disbelief. Anyone can beat certain slot machines if they understand +EV (positive expected value). Like in poker and stock trading, a person can calculate variables and deduce whether or not something is worth investing time and money in. Advantage slot player is the official job title. I've traveled the country and played in many casinos. I've been homeless, broke, depressed and then the next day on top of the world. I've recently decided to make instructional videos for anyone interested. I can provide as proof, free of costs. Ask away."

Seems legit to me

Maybe chainsaw can chime in and let us know if this guys legit or not.

Define "legit". His method is legit as stated. Any slot machine where the jackpot/s that are progressive and uncapped become profitable at some theoretical point. Whether he's doing this professionally or just wants to sell the method is any one's guess, but I get the right vibe off him.

Whether this is a strong enough play to be worthwhile is debatable. A decade ago or so there was a lot of fuss about the piggy banking machines, which were attractive to low-stakes AP's. There seems to be much less interest in the subject now.

The main drawbacks to this play in my experience: clocking these machines for the optimal wong-in point is time-consuming. The play can't be scaled up and the variance is high relative to bet size.

Another guy (or maybe the same guy?) posted something similar on reddit before.

Haven't read it all, but from what I have read it sounds like he is legit. I have several pro gambler friends and many more contacts. One of my friends is a former slot/VP pro. There were (and presumably are) a lot more pro VP players, but there are a lot of hustlers on the machines that might understand how to beat a few different types of machines and stalk those relentlessly. They don't truly understand the game, but they know enough to beat it. Since they don't really understand how the games work, they don't know how to find new beatable games. There are only a handful of pros in the country that are knowledgeable enough to find new beatable games, or at least new types (many follow the same concepts, so they are easier to identify). I don't count myself in that group, but it's nice to know the smart guys in the business. The vast, vast majority of the hustlers out there are degenerate gamblers at heart and they lose every penny that they earn on the +EV machines by playing other games. The life of a machine pro is a major grind and it's not unusual to put in long hours and lots of travel to earn $2-300/day. Occasionally you'll find a big play that is worth quite a bit more while it lasts, but this is somewhat rare.

One thing worth mentioning is that generally speaking, you aren't taking money out of the pockets of the casino. You are usually taking advantage of the other gamblers who are losing money to build up some feature, such as a progressive jackpot. A VP progressive is the simplest to explain. If the base game without the progressive returns perhaps 98.5% with optimal play, but the $0.0025 of every dollar that goes through the machine (0.25%) gets added to the progressive and the slot club card returns another 0.25%, the overall return if you played it forever with perfect strategy is 99%. However, occasionally the progressive will get high enough that the game is +EV, and we only play it then. We are taking advantage of the fact that civilians played the game when it was -EV and built up that jackpot for us. Even if we do this regularly, the house still makes their 1% on average (if everyone plays perfectly), but we profit and everybody else loses more as a result. It is similar on most slot plays. They house still makes the same amount, but we win a little bit by taking advantage of people who have lost more than their EV and built up some feature that through nothing but luck/variance, and sometimes through lack of understanding of the game, it didn't hit for them. Since we know what triggers these payouts or bonus features, we can identify the point when the machine becomes +EV, similar to the progressive VP example. Also like the progressive VP example, the games usually aren't +EV and we are looking for the somewhat uncommon situation where the machines meets our criteria to identify it as +EV.

Once you know the games, they are fairly quick and easy to scout, so even though they aren't worth much, I'll still take a quick look while I'm in the casino. I will often scout machines when I wong out of a BJ game or while I'm waiting for the right conditions on other games. If I'm playing poker, I'll get on the list and go check the machines, and every so often when I need a break to walk around and stretch, I'll walk back by the machines again. One place I play has 46 slot machines that are beatable, but last time I was there, only one was +EV, it was only worth about +$10-15, and someone was playing it. Most places I go have fewer than 10 machines even worth looking at. Generally, if I'm on the road somewhere, I tend to pick up enough EV off of machines (including VP) to maybe cover my room expenses if I'm lucky. Aside from the relatively low EV, the other issue for many people is variance. Different machines/plays have different risk profiles, but in general the variance is going to be high. The bottom line is you're still playing a slot for some significant number of spins, often at max bet, so you will have high variance. For a $100 EV play, it's typical for the standard deviation to be on the order of $500-1000 or more. Overall, that's a decent bet if you have a sufficient bankroll, but I've seen people that didn't understand the risk attempt to take down a play without having the proper bankroll and go busto because of it.

Bottom line is that yes it is plausible that this guy is legit. There are people that do this professionally, although there aren't very many that are successful. My friend did it for years and knew a handful of guys in the business, but has more recently converted to other AP methods because the machines simply aren't worth that much. If you know the tricks of the trade, you can add a few bucks worth of EV to your dead time in the casinos, but it's really not something worth actively seeking to pursue as a pro.

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So, let's see, what we have: 'time after time, people ask what I do, and when I tell them, they laugh in disbelief. Anyone can beat certain slot machines if they understand +E at casino slots reddit