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- A SIMPLIFIED SLOT. To see how slots pay less than true odds to give the house an edge, let’s set up an example that’s as streamlined as slot odds can get, a game of the type used in the early decades after Charles Fey invented the three-reel slot machine in 1895.A hypothetical three-reel slot game with one 7, two bars, three cherries and four watermelons per reel would have 1,000 possible.
- Don’t even think about dollar slots, where a short losing strike can eat your hundred in five minutes flat. Be smart with your money. Give yourself a chance to win and have fun playing, but never bet money you can’t afford to lose. John Grochowski has been covering casinos and casino games for nearly 40 years.
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