When you gamble in a casino, most often the casino makes money from the pot you place in the form of chips. But how? And how much does it vary from game to game? When you place a bet, essentially, you stand certain odds of actually winning that bet on a particular hand.
The likelihood of your winning the bet depends on your odds. For example, if you bet on a seven-card stud, your odds of winning are seven times higher than if you bet on a one-hundred-card stud. Similarly, when you bet on a slot machine, your odds are lower as compared to other types of casino gambling. When you play slots, for example, you stand a better chance of winning a jackpot.
Slots are not random. They follow a pattern that can be used to predict the results of a spin. In casino parlance, this is called “the slot meter” or “the wheel.” It is basically an internal device in the slots that measures the speed of the spin and displays the result of the spin on a screen for each bet that is made on that machine.
Slots are also used in casino gaming to determine which hand is more likely to win. This is called the “all-or-nothing principle.” When a player wins on a single spin, he or she can then bet again and win the same amount if that particular spin comes true. If a player ends up betting a total of all the chips on a single spin, however, he or she loses the game and the pot–even if there are still two people left in the casino.
While there are many possible outcomes for each spin on a slot machine, a computer programmed to decide which outcome should occur is considered the most “accurate” way to play. Most slot machines will recognize the “all-or-nothing” principle and thus will reward players who have the patience to play long enough to realize that all their bets are for real. That is, it is most likely the case that a player with a small bankroll will end up either out of the game (either dropping out completely, or getting a low return from one last bet) or at a significantly lower skill level than those with larger bankrolls. Therefore, a player with the patience to play multiple bets over the course of multiple spins is going to have a greater chance of winning large amounts of money from these slot machines. This is where the three daughters strategy comes into play.
In order to make the most out of the all-or-nothing principle of slot machine betting, the three daughters must be used effectively. There are many different strategies that can be used to implement this idea, but a basic strategy that should be used in any situation involves using the oldest of three daughters to bet the smallest amounts (ie. the ones that give you the lowest returns). For instance, if you are playing a progressive slot machine that gives you a maximum of ninety-five percent returns, then you would want to bet the exact same amount (ninety-five) whenever you see that the machine has not yet reached that high mark and has not begun to increase its jackpot value. If the machine continues on to hit higher marks, then you simply should increase your bet to reach the maximum mark and then keep betting until it drops off again. While this may seem overly complex for the beginner to follow, it is actually a very effective strategy.