Here’s another fun fan question:
When is a good time to Cash Out?
Vicky H.
I’ve also been asked by numerous people, How long should you stay on a Machine?
This is one of those “easier said than done” moments. So let me just say it, haha.
You should cash out when you start asking yourself ‘should I cash out?’. It’s true, right?? We sit on a machine and we are losing and losing and for some reason that finger just keeps pressing that SPIN button even though your mind is screaming at you to cash out (but the devil on your shoulder says to keep pushing because it’s ‘DUE’ to pay!). If you’re not good at listening to that voice, try this instead:
Based on your budget, start with a certain bill: $5, $20, $100. NEVER put a ticket in the machine unless you are prepared to lose it all (not speaking from experience….ahem…obviously…). Start your spinning, and if after your first 10 spins you haven’t lined up a single line hit, it’s time to reevaluate. Either cash out and promise to come back later (it will always be there!) or prepare yourself for another 10 losing spins, just in case.
I like to start with a fresh $100 in a machine, which on a $5/bet machine, will get me 20 spins. I feel it usually takes 20 to 40 spins before I can see any action. So hopefully $100 would do that for me. However, if I get down to $50 and I haven’t hit a darn thing –then it’s time to CASH OUT.
Now what happens if you are WINNING!! When or better still, HOW, do you cash out? So many times I hear from people that they won $500 on a machine but they just kept playing it down to nothing. Don’t be ‘that guy’. Instead, let’s say you just won a sum of money on a machine. Any of these methods are acceptable:
- CASH OUT and start with a fresh $100
- Do one or a few back up spins and CASH OUT
- Play it down to the nearest Hundred and then CASH OUT
A friend follows a Cash Out Strategy of putting $20 into a machine and cashing the ticket out if he hits $25. Then he could either put in another $20 OR move on. Making 25% profit is HUGE on slot machines, heck, breaking even is huge too! So take those wins when you can!
What is NOT acceptable, is to continue playing expecting to keep on winning, not setting limits, or thinking that it’s ‘HOT’. I’ve said it before and I’ll say it again. There is no such thing as a HOT machine, nor is any machine ever DUE to pay out (unless it’s a ‘must pay by’ machine). #ItsAllAboutTiming
Set your limits on a machine and CASH OUT when you KNOW it’s right. And for goodness sakes, take those wins and hide them in your Winners Bank. Go home with something in your pocket as a little reminder that you DID in fact win something at the casino.
Line it up,
I see many cash out after any big win.. even if they are down. Their theory is that another sizable win is unlikely.
Hey Allan – the reality is the chances are the same on any spin of that happening, but there’s no harm in cashing out if a player figures they’ve done what they wanted to accomplish on a machine!
Hey guys this is Jerry I live in Georgia but i go to the casino in Alabama when I can but I also play on line but the ones I have been playing do not have the same games at the casino help ms jerry
Hi Jerry – because real money gaming casinos have not been legalized in your state yet, the companies that make the games you find in the casino aren’t available. There would be social casino apps that you can play for free online (we’ve showcased examples like Show Me Vegas and Goldfish Casino Slots in the past), but those cannot be played for real money, just for fun!