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To many, slot machines look like they're nothing but luck. How can there be a strategy when all the player does it put in a coin, pull a lever, and hope the reels line up right.
If a machine takes three coins, for example, look at the third coin payout. If the first coin can net you ten times what you paid, the second twenty times what you paid, and the third.
That 1 in 20,000 is simply the long-term average. Look at the conditions of the multiplier. Sometimes it's a much better idea to play the maximum number gaming of coins every time because the payouts are so.
The higher denomination slots pay out more, but players lose a lot more on them. While lower-stakes slots might seem to pay out tiny amounts, players also lose less money.
When playing a progressive slot or a buy-a-pay slot, always play the maximum. On a progressive slot, whoever hits the jackpot gets a percentage of each play.
That means a player who has a hard limit on how much money they can spend will actually do better playing the nickel slots than playing the dollar ones, even though the dollar slots pay better.