As the name might suggest, a dollar slot is the kind of slot machine that requires the gambler to spend no less than $1 to spin the reels. When it comes to the choice of a slot based on your budget, the general rule is: go for the highest-denomination machine you could afford. For example, pick a nickel slot over a penny slot. This rule of thumb is explained by the correlation between a machine’s denomination and its RTP coefficient. Basically, the more you are required to spend per spin, the higher is the payout percentage.

Are Dollar Slots The Right Choice For You?

Following this logical principle, a dollar slot is a perfect choice for a gambler whose interest in Quarter Slots is starting to dissipate and whose budget prevents them from switching straight to the more expensive 5-dollar machines. If you’re a novice in online gambling, it might be worth reminding that many dollar slots will require you to wager more than just a single $1 coin on one payline. As a rule, the machines available in web-based casinos feature various betting options, allowing you to wager several coins on each of the several paylines. Consequently, a single spin of the reels is likely to cost you more than one dollar, despite the name of this slot category.

To state it differently, it would be an unreasonable decision if you straight up launch the slot, put in a hundred bucks and hit the Max Bet button. Before starting a gambling session, it’s recommended you check out the particular machine’s rules to make sure that the max bet option will not make a hole in your budget. However, when choosing between the minimum or maximum bet, take into account that many machines give you a higher RTP and greater odds of winning the jackpot when you’re willing to take the risk and bet the maximum. Depending on your planned gambling expenses, it might be rational to return to quarter (25-cent) slots in order to afford the maximum possible bets.

The Difference Between Penny And Dollar Slots

Aside from the obvious difference in the minimal cost of a single spin, the significant distinction between these two categories is your chances of winning. Many 1-cent slots offer progressive jackpots (sometimes even more than one), but the gambler needs to max out the bet in order to have a chance of hitting the biggest win. This implies your per-spin wager will range between 100 and 150 cents, but the RTP will remain low, which is typical for penny slots. Moreover, if you prefer to budget carefully and refrain from maxing out the bets, you’re unlikely to see a winning that exceeds some 20 bucks.

The best returns, all very similar, are nickel slots, dollar slots, quarter slots, and multi-denominational slot machines Get My Free Report Revealing A further detailed analysis would be to perform the same straightforward payout return study on downtown Las Vegas casinos separated into three ranges of gaming revenue. The RTP is calculated on a scale from 1 to 100. Most slots have an RTP between 92-97%. Always choose an online slot machine game with an RTP of 96% or above. This is the best slots strategy to.

1. Look for Slot machines that offer high bonuses, bonus rounds. Read more detail about The Bonus Multiplier. Look for Casinos that offer 1st time customer bonuses, giveaways and comps. The flashiest Slot machines aren't always the best to play. Read the Paytable, check the payout percentage. We have more Slots Tips, Basic and Advanced.
2. On progressive slot machines, a percentage of each wager is added to the jackpot or jackpots. Three-reel slot machines usually have a single progressive jackpot on the top payoff, and you must bet maximum coins to be eligible. On a three-coin dollar slot machines, for example, you can’t win the progressive if you bet only one or two coins.

All things considered, it’s a more reasonable choice to play free dollar slots of traditional design: 3 reels and 1 payline. In this case, you will enjoy higher chances of winning due to the game’s greater RTP coefficient, as well as jackpots of a thousand dollars or more.

The Cost Of Playing A Dollar Slot

If you’re grimly determined to have a dollar-per-spin gambling session, it’s important to keep in order the financial resources you intend to spend on the slot machine. First of all, you need to make an estimation of your per-hour losses at the given machine. This calculation is done as follows: determine how many bets you make every hour and how much you wager each time, then multiply the two values. The resulting amount should be multiplied by the game’s house edge.

Estimating Your Losses In 3 Steps

1. Here’s an example of how to perform such a calculation. According to statistics, the rough average number of spins made on a dollar slot every hour is 600. Let’s assume you’re trying out your luck at a machine with three paylines and you are bold enough to max out your bet each time. Consequently, a single spin costs you 3 dollars, and one hour of gambling may entail the loss of a whopping 1800 dollars, if the gambler is totally out of luck.
2. As a gambler, you can’t really know the house edge for this or that particular game. However, you can resort to the slot’s rules and get familiar with the officially stated payout percentage values (also known as the return-to-player coefficient). To determine the house edge value, you need to subtract the RTP established in the rules from 100%. For example, if the payout percentage in the game is 96%, the house edge is 4%.
3. According to statistics for dollar slot machines available in online casinos, the average RTP percentage is equal to 95%. In monetary terms, when starting a gambling session at such a slot, you should expect to lose no less than 5 dollars out of every 100 dollars that you wager in the game. To continue the above calculation, if you spin the reels 600 times per hour and wager 3 dollars each time, your estimated average per-hour loss is 90 dollars.

Setting A Budget

Thus, before you decide to entertain yourself with a gambling session at dollar slots online, have a careful and thorough consideration of your budget. Determine the amount of money you can lose without causing yourself any financial discomfort. Compare that figure to the expected duration of your gambling session. Let us suppose that you’ve decided to devote an entire weekend to this hobby and plan to spend 8 hours at the slots. Your fun budget should be in the range of 700-800 dollars.

However, gambling is a matter of chance and fortune, so you may stumble upon a lucky streak. Of course, a series of wins will add to your budget, allowing you to enjoy more hours of gambling. And who knows, perhaps when you decide to play free dollar slots at an online casino, you’ll have a true stroke of luck and snatch up the jackpot!

Whatever your budget may be, there are slot machines to suit your pocket. You can find the most expensive to the least expensive variants of slots machines for you to try your luck at.

One very popular form of slots is the dollar slots, that offers a high payout. Once again, there are various types of dollar slots you can try, which are mentioned below.

Huge jackpots

The five dollar slots is one of them, and is considered to be an advantageous slots machine. This is obviously due to the fact that that it has a high price to pay, of five dollars per roll. This is for one roll; and to have a real five coin roll, you will have to pay twenty five dollars per roll.

As this proves to be rather expensive, it is affordable only by wealthy people. However looking at the other side of the coin, it is for this very reason that five dollar slots offer very huge jackpots. In fact, some five dollar slots offer millions of dollars in its jackpot.

Top Dollar slots

Top dollars slots offer various versions of slots games for you to try your luck starting from the classic 3 reel slot game to the latest version of a 5 reel, multi pay line game.

The Top Dollar slots game has 3 reels and a single pay line. The maximum number of coins you can bet on the machine are 3 coins for its jackpot of 4,000 coins.

It is when the top dollar icon appears on the pay line, you bet three coins that the bonus round of the slots game is triggered. Here, you can choose from four different cash prize amounts.

If you are not happy with the first prize, you can decline it and take a look at the second prize. This can be continued till the fourth prize, wherein you have to take whatever is offered.

5-reel 9 pay line version

There is another version of Top Dollar slots, the 5-reel slots and 9 pay lines. The coins permitted here include a penny, 2 pennies, dimes, quarters, nickels and quarters. The maximum bet you can place here is 360 coins for the jackpot prize of 200,000 coins.

The 5-reel bonus game is triggered by the top dollar icons while its jackpot is triggered by 5 double diamond symbols on the pay lines. The latest version of Top Dollar slots is the Top Dollar slots advanced video platform which is a 5 reel, 20 pay line slots game. The maximum bet you can place here is 2000 credits where its jackpot is the largest of the Top Dollar slots machines.

Double Top Dollar Slots

Derby Dollar slots

Another popular dollar slots game is the Derby Dollar slots that has a racing track theme. This theme sets your heart beating at a fast rate while you wait for the reels to stop and display the prizes you have won.

Derby Dollar slots has 5 reels and 20 pay lines. The symbols used here are a trophy, a beautiful blonde, a race horse and a gold coin. The wild symbol here is the race horse that can substitute all symbols but the scatter.

The gold coin is the scatter where you can get equal prizes if it shows up at least twice on the reels. However if there are more than 2 scatters, you get additional bonus games where you try your luck at winning more prizes and even get them multiplied.

Some strategies to bear in mind

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Whichever dollar slots game you decide to play, there are a few strategies you have to bear in mind while playing. You have to be patient as you cannot expect a win immediately. As you have to pay a dollar per reel, make sure you don’t spend more than your pocket permits you.

If you find that the odds are not in your favor, just stop playing and don’t get greedy thinking that you will win at the next game. The best way to play dollar slots is to plan to lose money. This way, if you manage to get win, it will be a bonus to you.

With these tips in mind, you will be able to enjoy yourself playing dollar slots, and in the process, perhaps strike rich.

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