Many Content RETURNS
Can you establish what slot payout percentages are on any given machine?
By Frank Scoblete
The lament amongst some slot players, many other casino players and most gaming writers is the fact that slot machines do not inform you what their percentage returns are except in cases exactly where an area of machines has indicators saying one thing to the effect that “these machines return a minimum of 98 percent” or the like.
You play a machine and you have no idea of what % of the funds it will return. That is true. But what is also accurate is that the casino tells us no information about the return of any of its games.
That’s right—no casino explains what the returns are at their games at any of their games. Appear at a machine and it tells you nothing at all, that’s correct, but look at the blackjack table or craps table or roulette in a position or at any other game’s table and nowhere does it inform you what the return is.
So how is it that we gaming writers can confidently tell individuals in articles about all the other games and what their returns are? There are no signs at the tables telling us this details. There are no signs on video poker machines telling us this details either. Yet, we know what the video poker returns are.
So how do we know?
The casino does not make a point by telling us something about what we can count on to get if we play any game. But, we speak and act as if the casino does such a issue. Again, it doesn’t.
How do we know what the percentage return at every single craps bet is but we do not know what the return is on Lucky Slots Exciting?
Knowledge OF PAYOUT PERCENTAGES
We know payout percentages at virtually all games simply because the casino tells us at every single game but slots what a bet pays us.
Adhere to this now: We know how often that selection comes up, what it pays and what it ought to spend if the game have been a fair contest.
We know in craps that the pass-line bet pays even cash and that the casino will win 251 decisions and the player will win 244 choices on that bet. We know therefore that the home edge is 1.41 %. We are expected to lose $1.41 per $one hundred wagered over time.
We know the relationship of every single number at craps to the 7 or to generating it as a a single-roll bet. We know the percentages and how these percentages relate to money.
1 a lot more instance: Roulette has a residence edge of 5.26 % on the American roulette game that has a and a 00 as two of its 38 numbers. Make a bet on this game and you have a 1 in 38 likelihood of hitting the winning number. The payout is 35-to-a single, which means the casino shorts you by two units on a win. A fair game would pay out 37-to-one particular.
We can then figure how much of a percentage edge the casino has at a roulette game by realizing these numbers. The casino doesn’t post this on the tables we have to do the figuring to come up with the percentages. You can read this details in a publication such as this but you won’t discover it posted on the table.
The casino prefers not to tell us anything. On most games, nonetheless, we can figure every little thing out. Not at slots.
THE SLOT MYSTERY
The casinos know how significantly an individual slot machine returns but the players don’t. There is no way we can uncover out with out being provided privileged information.
Yes, we can guess but those guesses are just that—guesses. Okay, how do we guess? And can we in fact have “smart” guesses?
Most states have laws that inform the casinos they must show the return percentages on their slot machines, usually primarily based on the denomination of these machines. Consequently, we can find out what the 5-dollar machines return, what the dollar machines return, what the twenty- five cent machines return and so on.
Sadly, these are just averages. It might be accurate that the 5-dollar machines are returning 95 percent of the money played in them but we don’t know if the certain machine at which we are gazing really returns 95 % or 92 or 98 percent.
But we can say with some confidence that a five-dollar machine will return more to the players than a dollar machine, whose average is about 91 %. Is this an absolute statement? No. It is a guess an informed guess, yes, but it is not absolutely a true statement.
We are seeking at averages and creating our guess primarily based on these. We just don’t have the figures offered to us and we can not figure every thing out the way we can at games such as video poker, blackjack, roulette, craps, etc.
We will often be guessing at individual slot machine percentages since the programming is a secret between the producers and the casinos. The player is an outsider in this case and really has small ability to ferret out the correct percentages on any provided machine.
Guessing is the best we can do. We do not have figures as we do with the other casino games so, okay, point to a machine and take your ideal guess!
All the very best in and out of the casinos!
 
Frank Scoblete’s site is www.frankscoblete.com. His books are obtainable at Amazon.com, Barnes and Noble, Kindle, e-books, libraries and bookstores.
