The majority of companies are within 1% of each other setting an online industry standard of about 95% for slot payouts. Online slots have a comparatively impressive payout percentage across the board as compared to land-based slot machines (85% average), with upwards of 90% representing a kind of industry standard.
Some times of day are better than others. This isn’t true. Casinos aren’t able to reprogram the.

By Bill Burton

Slot Machine Payout Odds

If you have a payout larger than 1000 units, you’re losing money on that game. Modern computers can adjust those odds using a weighting system. The weighting is what determines how likely a particular stop is to be picked. Suppose you have a slot machine game with 10 symbols, but one of those symbols is special and only comes up once every. Slot machines are an integral part of betting, but as we know, not all slot machines have the same payout. It is a game of pure chance and a source of earning some big bucks if luck is on your side. We will discuss why slot machines have different payouts and how we can maximize it.

Over the last year, I have heard many players complain that they are not having as many jackpots on the slot machinesas they used to have. I first heard this from a few of my friends who said they believed that the casinos were tightening the machines because the bad economy was forcing people to make fewertrips to the casino. I did not pay too much attention to this but then I started to notice other players posting the same opinions on several Internet forums.

It seems many of the players have come to believe that every casino was lowering the paybackpercentage on all of their machines.

A month ago I was contacted by a newspaper reporter from Colorado who requested an interview with me. He said he was writing a story about the casinos lowering the payback on the slot machinesthat were making it harder for the players to win. He wanted my opinion on the subject and he was surprised by my answer.

Why Players Win Fewer Jackpots

I told him I do believe that some casinos may be ordering new machines with lower payout percentages but I did not believe that this was the main reason why players may not be winning as muchas they used to. I gave him the following reasons for my answer.

Over the years there have been many myths associated with casino gambling. One of the most common ones is the belief that a casino can raise and lower a machine's payback with the flip of aswitch. This is not true because the slot machines have a computer chip in them that determines the pay back percentage. These are set at the factory.

In order for a casino to change the pay back, they would have to change the chip. In most jurisdictions, there is paperwork that has to be filled and submitted to the Casino Control Commissionfor each machine if the chip is changed. It is time-consuming and the chips are very expensive. For this reason, the cost of changing the chip in numerous machines on the casino floor does notmake economical sense.

Many of the gambling jurisdictions around the country require the casinos to report the overall payout percentages on a monthly basis. (California is not one of the States) These figures are amatter of public record and are published in some newspapers and gaming publications. I looked back on these figures over the last year and saw that there was very little change in most casinosaround the country. In some instances, there were even some of the payback percentages had increased.

A reason why some players feel that they may not be winning as often is the fact that many players are making fewer trips to the casino so they are not playing as many sessions. So because theyare playing fewer sessions they will see fewer big jackpots and fewer winning sessions overall. It is all proportional.

Some players may have decided to play lower denomination machines. Many of the nickel and penny slot machines have a higher hit frequency, which means you will have many smaller wins but not asmany big jackpots.

How To Help Your Payback Percentages

If you still honestly believe that your casino is lowering the return rate on the slot machines you have several courses of action. The easiest thing to do is to play the older machines. It isdoubtful that a casino would go through the expense of putting a new chip in an older machine to lower the return rate. You can try a new casino. You may find that your luck is better at adifferent casino and a change is your routine will let you enjoy some new experiences.

You can switch to video poker. It is the only machine game that will let you know the payback of the machine by readingthe pay table. However, if you do decide to try video poker, make sure you learn the strategy or get a strategy card to bring along with you when you play.

Switch to the table games. Playing table games is exciting and they offer a lower house edge than the slot machines. Many casinos give free table game lessons so you can learn the basics beforeyou sit down.

Let me close by saying again that I do believe that there will be some machines on the casino floors with lower returns, however, I do not believe that is as widespread as the rumors would haveyou believe. The casinos are in competition with each other for your business so they do not want to alienate the players by offering games where nobody can win.

As a customer/player you always have the option of taking your business elsewhere. The ultimate decision of where to play is entirely up to you.
Until next time remember, luck comes and goes...knowledge stays forever.

Return to player (RTP) is one of the most-important concepts to slots players. Double diamond and triple diamond slot machine. Payback determines how much the average player wins from a slot machine.

A slots game with 95% RTP, for example, would theoretically deliver $0.95 back for every $1 wagered. A slot machine with 88% payback would only offer $0.88 for each dollar wagered.

Gamblers want to know slots’ RTP for obvious reasons. Knowing a machine’s payout percentage provides an indication on your long-term odds of winning.

But one of the most-common fears is that casinos can simply change slots odds whenever they feel like it. Many gamblers are convinced that casinos alter RTP for a variety of reasons, whether it’s to lower payback during busy hours or simply earn more overall profits.

This fear seems valid when considering that players don’t see the inner workings of slot machines. But are casinos really able to alter payback on a whim?

I’m going to discuss this matter by looking at how casinos change RTP, common beliefs on the subject and casino limitations in controlling payback.

Slot machine RTP is determined by the pay table and how often each prize is programmed to hit.

The pay schedule shows how many credits each symbol combination delivers. The pay table only tells so much, though, and doesn’t show how often each payout is programmed hit.

Each symbol features a certain number of “stops,” which determine how often it’ll land on the reels. Low-paying icons are always programmed with more stops than high-paying symbols.This aspect makes perfect sense when considering that casinos would lose money if they showered you with the jackpot and other large payouts. Instead, games offer lots of smaller prizes and rarely pay the jackpot.

A random number generator (RNG) ultimately determines which symbol combinations come up on each spin. Contrary to common opinion, the RNG does not determine payback.

Instead, this program merely cycles through different symbol combinations to determine the results of your spin. The RNG is more likely to include symbols that have a higher number of stops.

An RNG has no recollection of what happens on your previous spins. Instead, its main job is to come up with random results.

Again, icons with many stops will be chosen by the RNG more frequently than other symbols.

Casinos don’t need to worry about programming payout percentages — this is the game developer’s job. Instead, they simply consider what RTP they want to order for a given game.

Providers give land-based casinos a number of options to choose from when ordering payback.

Here’s an example:

MGM Grand wants to order Ari

Slot Machines Have Different Payouts