In general the largest payout is only paid when the maximum number of coins has been wagered. What this means is that if a slot machine accepts different coin denominations, it is always better to play the maximum number of small coins rather than a smaller number of larger coins. In a machine that accepts up to five coins, you are better off playing five cents rather than a quarter. This is especially true in the case of progressive machines. Progressive slot machines pay at a lower rate for all hits receiving the jackpot. The jackpot is only paid if the maximum coins are played. Next you need to know the different types of machines.
If you are only going to play with one coin or you want modern day philosophers the same payout percentage no matter how many coins you play, then you want to play a multiplier slot machine. Multiplier machines pay a certain number of coins for certain symbols. This amount is then multiplied by the number of coins wagered. So, if three cherries pay 10 coins for a one coin bet, it will pay 50 coins for a 5 coin bet. This type of machine does not penalize players for not playing the maximum number of coins allowed. There are no big jackpots in this type of machine. If you want to get the most playing time for your money, then this is the machine for you.
Bonus multipliers are very similar to multiplier machines except in terms of the biggest payouts. On a bonus multiplier machine when the jackpot is hit with the maximum number of coins played it pays the jackpot. So, the machine can pay 1000 coins when the top symbol comes out for one coin, 2000 for two coins, and 10,000 for three coins when the maximum is three coins.
Another type of slot machine is the multiple pay line machine. Most slot machines only pay when symbols are on the center line. Some pay line machines pay on many different lines. These machines are very popular as nickel and dime machines. The most popular configuration includes nine paylines, but there are machines with as many as 96 paylines. You can play more than one line on this machine. The more coins you add, the more lines will be activated up to the machine's maximum number of lines.
The highest paying slot machines are the progressive ones. Progressive slot machines take a small percentage from each game and put it into a pool or jackpot. The lucky player who plays maximum coins and hits the jackpot wins the entire pool. Progressive pools can typically reach over $1 million. Many times some casinos will group machines together to increase the jackpot.
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