As with any game of pure chance, there is no real effective strategic system for winning at slots. Never believe if somebody says that he has an incredible winning strategy. The game is random and arbitrary. The slots don’t have memory, that’s why it is not wise to try to outwit them. But there are some tips, which you can use as a basic strategy. You should always be looking for the machines that have the highest payout. You want to find anything above 95%. When playing slots you must always know the odds and probabilities of the slot you are playing. There is a payout table for each slot, so make sure you read it before inserting coins. Determine your losing limit for the day. If you are more likely to exceed this limit you’d better give up the game. You will not be a winner every time you play. Give up the machine that isn’t paying out and is not going to. When things are going your way and you're on a lucky streak, take advantage of it and bet more. Make lower bets if you are slumping. Play the slot machines that your bankroll can afford. Play dollar machines if you don’t have much money. Cash out the credits you’ve won before leaving the slot machine you’ve been playing. It may seem strange but some gamblers forget to do it. Always play what you know.

Here is the list of the most amusing myths concerning slots.
You can spot a winning slot machine.
The only way you'll spot a winning slot machine is when the bells are ringing and the money is dropping. Slot machines use random numbergenerator and that's exactly that. Random.
Casinos place loose slots near the cashier, aisle ways, etc.
If this were true, it would be the only machines anyone would play. A casino mixes slots all over the casino floor. No one with any experience at playing slots would make a statement like this.
Count the number of symbols on the reels to determine your odds.
This is mathematically impossible, remember the RNG (random number generator) determines the stops. Thereare literally millions of combinations on a 3 reel slot machine, so there is no way of determining odds by the symbols on the reels alone.
Casinos can tighten or loosen slot machines from the back office.
In order to change how a slot willpay out is by changing the computer chip. No casino can just flip a switch.
A slot machine that has not been paying is due to hit.
It is not so. With every game the chances of winning are the same.
Pulling the slot machine handle produces more wins than pressing the spin button and visa versa.
Again false. It makes no difference, as the computer only uses these as mechanisms to start the game. Only the computer determines a win or a loss and it has already determined if you are a winner or loser even before the first reel stops spinning.
Playing with hot coins improves your chances.
It is false. Nothing can affect the outcome, the machine doesn’t care and doesn’t know whether your coins are cold or hot.
Casinos set slot machines to payback more on the weekends.
Wrong again. Your odds of winning are the same no matter if it's 4:00pm Monday, 8:00pm Saturday or 3:00am Wednesday. Casinos can not and do not do this.

Knowing the rules is of great importance when playing any casino game. With slots the rules are very simple: Read the payout chart, insert coins, push button, (or pull handle), insert more coins. If the bells ring and lights flash, open up your pocketbook because you are in the money! Enjoy, but never gamble with more money than you can afford to lose.
Rules for playing Slots
The rules for slots are one of the simplest set of rules for any casino game. There are no real rules. The principle of the game is the following: the player inserts coins, pulls the handle and then checks the combination of symbols on the lines. The mission of the game is to match preselected symbols on the pay line, (or paylines, depending on the machine being played, there can be up to 5 pay lines on some machines), to earn credits. Slot machines can be found in many denominations from 5 cents to being the most popular, although there are also machines that accept 0 tokens.
Especially beginners like slots. They don't have to worry about rules and regulations, or being laughed at by the other players for making a bad play, all they have to do is try to hit the jackpot by matching the highest paying symbols on one of the pay lines.

You can be sure that slot machines are designed to be honest. However, in the past certain manufacturers have been caught using computer chips that cheat the customer.
In the old days, slot machines worked mechanically, with independent wheels spinning until they each stopped randomly. Modern slots are much different. These machines contain computer chips that are programmed to select numbers randomly. The numbers the computer selects correspond to the symbols that appear on the slot machine’s screen. There is a computer code. It generates the random numbers and determines whether the slot machine is loose or tight. The gaming inspector will examine the machine to make sure it will not deceive the player. The machine has to pay out either to the legal rate or better. Of course the latter happens very seldom.
It is next to impossible to say whether the chip is programmed not in a right way because the machine is not supposed to pay out with every spin. Inspectors look at brands of machines and their chips before they are installed in casinos, but they can’t inspect each machine. If inspectors approve the brand, they can produce machines, and change them. But these changes must cover legal requirements. Manufacturers can change chips to make a machine pay less as long as the inspectors have approved that particular chip.
For example, the Nevada Gaming Commission caught American Coin using chips that did not allow poker royal flushes. Similarly, Universal Distributing Company was caught programming machines to show a “near miss” of a jackpot. The effect was two-fold: the machine didn’t pay off, and customers continued to play the machine, thinking that they were very close to a big jackpot. Don’t keep silent if you come across such slot machine. Inspectors will respond by pulling the slot machine’s chip and seeing if it is an approved chip. Manufacturers that cheat are fined or they can lose their license.

Have you ever met a man who has managed to cheat slots?
Slot machines pay on a random basis, but what if you could improve the payout a little? Would you do it? Tommy Glenn Carmichael would and did.
Tommy is now 53 and he can be said to have spent all his life inventing different devices to cheat slot machines. His first invention worked, but not for a long period of time as he was sentenced to prison for using it. Upon his release, he continued to work on the problem and to devise a better way to cheat the new slot machines. His next invention was a slider, a guitar wire. He inserted it into the machine, which released coins form the hopper.
When the slots were computerized he needed a new tool. He fooled a manufacturer into believing he was a customer and showing him the inside of a slot machine. It was enough for Tommy. His new inventions was a light want that blinded the sensor of the slot machine and as a result got winnings. Other gamblers liked his invention and he had a lot of customers, which allowed him to earn up to ,000 a day. He drove expensive cars, took cruises, and bought two houses.
Eventually, all good things come to an end. While using his devise Tommy was caught by the police. While charges from that incident were later dropped, he was caught under similar circumstances in Laughlin and later Atlantic City. By that time the police already have all necessary clues to prove that Tommy was guilty. He got three years’ probation and lost everything that he had bought before. He has been banned from entering any casino.