You will see some conflicting advice about player clubs. They are just loyalty programs offered by casinos to encourage players to continue playing at a particular casino. Cards given to you by the casino are inserted into the slot machines as you play. Then the casino records how much money you move through the machine, and they bounce some of your actions back to you in the form of coupons, bonuses, etc.
These are free casino goodies that reward you for playing there. You usually win from these at a rate of 0.2% to 0.3% of the money you put into the machine. At lower levels, you can receive free food and drink. A coupon for free breakfast or a buffet are common.
When you play even more, you get free casino accommodation. This is an incredible deal for the casino because it motivates players to lose more money playing. And unless the hotel is fully occupied, it doesn’t really cost the casino anything to provide this benefit.
You can also receive cash discounts, play free games and event tickets. Entertainment is, in fact, one of the best offers.
What you need to remember is that you are not getting credit based on how much you lost. You can be a winner and still get offers and bonuses with your casino card. That’s because the percentage of bonus you earn is based on how much action you’ve brought to the casino, not how much you lost.
The casino is relying on the law of big numbers to make up for any losses they may incur.
If you spend 4 hours playing slots at 600 spins an hour, and you’re playing $5 a spin, you’re putting $12,000 into the action. You are rewarded based on that $12,000 regardless of whether you walk away as a winner.
The casino is playing the long game. They’re looking at the results of hundreds, maybe even thousands of players a day, each of whom is placing hundreds of bets. The end effect of this type of action represents big gains for the casino.
They make a lot more than their earnings over time.
Don’t believe someone who tells you that slot machines pay less when your player card is inserted. This is just a blatant lie. Casinos have no motivation to PUNISH players for using the casino card. They WANT you to bet more. If every now and then you have winning sessions where you make a profit, you will become a better customer and almost certainly a loser in the long run.
Try Video Poker For A Change Of Pace
We like slot machines, but the simple fact is that video poker offers similar entertainment with better odds. You actually have to make some decisions and use some strategy to see these better odds, but that makes the game even more fun.
And you can make more thoughtful decisions about which machines you want to play when it comes to video poker. Since the games are based on the inherent odds of a 52-card deck of playable cards, you can compare the hand payouts with the probability of making them determine the expected payoff.
You have no way of comparing the payback percentage of one slot machine to another in the long run. But as long as you can access the Internet, you can find information about video poker payouts.
A video poker game pays on average between 95% and 99%. The slot machine normally pays between 91% and 94%
Of course, most video poker games don’t have those bells and whistles available on most modern slot machines, but you may find it challenging to find the best paytables and use the proper strategy.