in on Your Slot Credits!
John G. Brokopp
Sound money management
is an ongoing issue for recreational gaming enthusiasts. It revolves
not only around the amount of money you gamble and the loss limits
that individual gamblers establish for themselves, but also the
amount of money you win and what you decide to keep.
Building up playing credits
on slot and video poker machines carries seeds of destruction for
players who wish to employ smart money management. When you are
playing with electronically metered credits instead of cold, hard
cash or even metal tokens, it is easy for the money you’ve
won to lose its value.
That’s why it is
extremely important to be aware of exactly how much money you have
in the machine in credits. The increase in the number of nickel
and dime multi-line video slot games makes keeping track of exactly
what we’ve won kind of difficult. If you’re like me,
sometimes you have to take pause and figure out what those credits
really add up to in money.
Dollar units are a no-brainer.
Each earned playing credit equals one dollar. Fifty-cent machines
are also pretty easy. Just take the number of credits on the machine,
divide by two, and the result is the whole dollar equivalent. Similarly
with quarter machines, just divide the number of credits by four.
Four hundred credits on a quarter machine are equal to $100.
and nickel machines to a greater degree, get me confused. Here are
some guidelines to keep in mind when you're playing them to make
sure you know what you've won and have the good gambling sense to
cash them out and have the casino "show you the money"!
Nickel machines: 20 credits
= $1.00, 100 credits = $5.00, 200 credits = $10.00, 1,000 credits
= $50.00, and 2,000 credits = $100.00
Dime machines: 20 credits
= $2.00, 100 credits = $10.00, 200 credits = $20.00, 1,000 credits
= $100.00, and 2,000 credits = $200.00.
Some casinos make it
easy to keep track of your winnings and give you the opportunity
to take the money and run. If you win a substantial amount during
a bonus round on multi-line video slots, the machine will go in
lock-down mode and require a "hand pay" from a slot services
representative. Take advantage of this option and preserve a percentage
of the winnings.
One technique that I
advocate is to break your session bankroll into twenty-dollar bills
and play them one at a time instead of inserting multiple bills
or larger denomination bills into the currency validator in the
Any time you
win a substantial amount of money during the course of play, hit
the cash-out button and collect the coins in a bucket. This is a
great rule of thumb when playing quarter video poker. If you catch
four-of-a-kind and win 250 coins, 400 coins, 800 coins, or even
2,000 coins, depending on the game you’re playing, cash out,
put the bucket aside, and start playing with another twenty.