What are the odds of winning on a slot machine?

What are the odds of winning on a slot machine?

Frank Scoblete (Casino Gambling Expert & Bestselling Author) gives expert video advice on: How do slot machines work?; What are the odds of winning on a slot machine?; What are the odds of winning on a progressive slot machine? and more...

Slot machines have interesting odds, and there's something called a "hit frequency", which determines how often something will be returned to you. This "hit" doesn't necessarily mean a win; if you put three coins in a had one returned, for example, that's a "hit". Slot machine odds can go anywhere from a machine that hits about 8% of the time to a machine that hits around 23% of the time. The odds on a slot machine are not figured the same way as the odds at a table game, they are based around a percentage of the money invested in that machine.