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If the slot machine gives you more than two times the payout when you put in two times the number of coins, for example, you should max it out instead of playing single coins because you increase your chances of winning a bigger pot, and the expected value is higher.
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Slot machine game randomness is unnatural and therefore doesn’t play by the same rules of chance as other types of randomness. With a slot machine game you are paying for the chance (opportunity) to win a prize without knowing in advance how large a prize may be awarded to you.
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